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Parking/garage for sale

£34,999

Unit 11-12 Bishopgate Business Park, Coventry CV1

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Property description

Business
Auto Bodyworx was founded by the current owner in 2012 following a funding grant from the Prince’s Trust. The business has expanded really quickly and turnover is increasing month on month. The business is reluctantly being sold only so that the owner can concentrate on other business interests.

Auto Bodyworx offer the best in car customisation and body repairs dealing with everything from bumper scuffs to large dent repairs and fully resprays. The business is also authorised to install peelable rubber coatings by Car Dip UK. Other services include alloy wheel refurbishment, paintwork scratches, colour correction, body kit fitting, front and rear light tinting and window tinting.

The sale will include a quality website, Facebook page and an impressive Instagram account with over 17,000 followers (for which the vendor was recently offered £2000) and the business enjoys fantastic visibility on the internet.

Scope to improve
Advertising and marketing campaign
Extend the opening hours
Approach local main dealers to canvass for additional work
Employ apprentices
Increase signage from main the road.

Location
Coventry is a city West Midlands, historically part of Warwickshire it is the 9th largest city in England. It is the second largest city in the West Midlands region after Birmingham with a population of almost 350,000.

On 7th December 2017 the city won the title of UK City Of Culture and this is likely to increase the number of visitors to the city.

Coventry is near the M6, M69, M45 and M40 motorways. It is served by the A45 and A46 dual carriageways. The A46 was rerouted to the east of the city in 1989 on the completion of the Coventry Easter Bypass which directly leads to the M6/ M69 interchange.

Auto Bodyworx is located on a busy and vibrant, medium sized industrial estate alongside other complimentary business many of which are car related. The business is well signed, nicely presented and has loads of free parking immediately outside.

Premises
Coventry is a city West Midlands, historically part of Warwickshire it is the 9th largest city in England. It is the second largest city in the West Midlands region after Birmingham with a population of almost 350,000.

On 7th December 2017 the city won the title of UK City Of Culture and this is likely to increase the number of visitors to the city.

Coventry is near the M6, M69, M45 and M40 motorways. It is served by the A45 and A46 dual carriageways. The A46 was rerouted to the east of the city in 1989 on the completion of the Coventry Easter Bypass which directly leads to the M6/ M69 interchange.

Auto Bodyworx is located on a busy and vibrant, medium sized industrial estate alongside other complimentary business many of which are car related. The business is well signed, nicely presented and has loads of free parking immediately outside.

Tenure
We are advised leasehold with nine years remaining on the current ten year lease.

The rent is £24,000 per annum however half of the unit is sublet to a complimentary car business for £12,000.

We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

There are no business rates currently payable.

Hours
Monday to Friday 8.30am to 5.30pm
Saturday 9.00am -2.00pm
Sunday Closed.

Staff
The business is owner run and managed with the help of two full time and one part time members of staff.

Financial Profile
The business reports a current turnover of approximately £60,000 per annum.

What Zoopla users think of Coventry

Overall rating:

  • currently 3.5 stars
Good - 73% (531 ratings)

Ratings breakdown:

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

Rate Coventry:

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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

  • Coventry (1.4 miles)
  • Coventry Arena (2.0 miles)
  • Canley (2.2 miles)
  • Coventry Airport (3.7 miles)
  • Birmingham International Airport (10.4 miles)
  • East Midlands Airport (29.4 miles)
  • Sharpness Old Docks (63.4 miles)
  • Lydney Harbour (64.9 miles)
  • Castle Park Ferry Landing (81.1 miles)

Nearby schools

View all schools in Coventry
  • John Gulson Primary School (0.3 miles)
  • Sidney Stringer Primary Academy (0.5 miles)
  • Radford Primary Academy (0.5 miles)
  • The Sixth Form College, Solihull (11.2 miles)
  • East Birmingham Network Academy (13.1 miles)
  • EBN Academy Phase 2 (13.6 miles)
  • Eden Girls' School Coventry (0.4 miles)
  • Barr's Hill School and Community College (0.5 miles)
  • Sidney Stringer Academy (0.6 miles)
Note: Distances are straight line measurements

Local info for Coventry

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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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