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Retail premises for sale

£29,995

Unit 12, Knottingley WF11

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Property description

Business
Hilton Smythe welcomes to the market the busy and recently established 5 Towns Motorcycle Services.

This excellent motorcycle repair and service business was established by our client in the summer of 2017. In the short period since it was established it has grown beyond our client’s wildest dreams with many repeat and loyal customers both private and contract, including learner driving schools. The business is growing daily with many new customers from far and wide

Turnover has reached the level within 6 months as was expected to take 2 years to achieve, with a vast customer base. Rent and overheads are low. With the business genuinely coming to the market as our client wishes to emigrate.

The business is well fitted with good quality tooling and equipment. It has a fully fitted workshop with every tool to do the job, Van is also included in sale.

The business repairs and services (including pre mot) motorcycles and also sells motorcycle accessories. The business specialises in classic motorcycles and also builds up some motorcycles for sale. The business already has an excellent reputation and has the benefit of a monopoly in the area.

It also possesses an excellent stock of consumable parts (to be added to the price).

The business will expand further generically as it is with an owner/Mechanic. However, turnover will grow massively if additional Mechanics were to be employed.

This is a tremendous opportunity for a new owner to buy and develop a young but already established and profitable motorcycle repair and service business with genuine massive potential.

Location
This busy motorcycle repair and service centre is located in a well fitted and stocked business unit within the Clifton Forge Business Estate in Knottingley near Wakefield.

The unit is well signed including roadside signage.

There is generous free parking to the front and on the estate.
Premises
The business runs from a lock up unit with electric shutter doors.

The spacious unit is clean and tidy with ramps in the middle and units, tools, equipment and accessories along the walls.

There is a kitchenette and toilet to the rear.

The sale includes a van, courtesy motorcycle, cctv, 3 ramps, tyre machine, 3 compressors, press, engine cleaner, shelving, units and tools..

Our client values these assets at approx £17,000.
Tenure
We are advised that the premises are of leasehold tenure under a 3 year Lease.

The rent is £200 plus vat monthly.

The unit is presently exempt from the payment of business rates.

Electricity and water are approx £10 each per month.
Hours
8.30am to 5.30pm Monday to Friday

8.30am to 1pm Saturday

Closed Sunday
staff
The business is run by the owner alone.
Financial profile
We are advised that annual turnover is presently expected to be around £72,000 with a gross profit of circa 75%.

The adjusted net profit is advised to be £50000 pa approx.

Stock is currently valued at circa £6500.

What Zoopla users think of Knottingley

Overall rating:

  • currently 3.5 stars
Good - 66% (32 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 2.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Knottingley (0.2 miles)
  • Pontefract Monkhill (2.1 miles)
  • Pontefract Baghill (2.3 miles)
  • Robin Hood Airport (19.2 miles)
  • Leeds Bradford International Airport (19.8 miles)
  • Humberside Airport (38.2 miles)
  • Hull Ferry Terminal (40.2 miles)
  • Transporter Bridge South Side (60.5 miles)
  • Transporter Bridge North Side (60.6 miles)

Nearby schools

View all schools in Wakefield
  • The Vale Primary Academy (0.2 miles)
  • Simpson's Lane Academy (0.5 miles)
  • England Lane Academy (0.6 miles)
  • New College Pontefract (3.1 miles)
  • Elliott Hudson College (13.7 miles)
  • New College Doncaster (17.7 miles)
  • De Lacy Academy (0.6 miles)
  • Airedale Academy (2.5 miles)
  • Carleton Community High School A Specialist Science With Mathematics School (2.9 miles)
Note: Distances are straight line measurements

Local info for Wakefield

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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