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Parking/garage for sale

£33,000

Unit 1F Guardian Road Industrial Estate, Norwich NR5

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and busy vehicle repair and recovery business in Norwich, Norfolk.

The business was established by our client in 2013 but is only now being offered to the market due to our clients other business interests. The business operates 6 days per week and generates a turnover in the region of £85,000 per annum, with a gross profit of approximately 46%.

Our client offers a variety of services including vehicle recovery, repairs, mot preparation, tyre and air conditioning repairs and car services, which are for most makes and models, including light commercial vehicles.

The business has built up an excellent reputation within the area for the high quality of the services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth referrals.

We are advised the business has applied for planning for a mot testing bay, which if successful will boost trade. A new owner could embark on a modest marketing campaign to highlight the business and services offered. There is already an informative website in place to promote the business at .

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
Norfolk Autos Ltd occupies substantial premises, ideally located on a busy industrial estate in Norwich, Norfolk.

This is a fantastic location for the garage trade. In the area is a great amount of complementary businesses such as other garages, taxi firms and more. The business benefits from parking spaces on the estate for vehicles awaiting repair and other custom.

The industrial estate is located just off Guardian Road, which is a main a-road that circles Norwich town centre. This road allows for a heavy amount of footfall and huge amounts of passing trade. The business is approximately 2.5 miles away from Norwich town. This allows for great public transport links, there are bus stops just a short walk from the business. Norwich airport is also a short drive away.

Premises
Norfolk Autos Ltd occupies substantial premises, ideally located on a busy industrial estate in Norwich, Norfolk.

This is a fantastic location for the garage trade. In the area is a great amount of complementary businesses such as other garages, taxi firms and more. The business benefits from parking spaces on the estate for vehicles awaiting repair and other custom.

The industrial estate is located just off Guardian Road, which is a main a-road that circles Norwich town centre. This road allows for a heavy amount of footfall and huge amounts of passing trade. The business is approximately 2.5 miles away from Norwich town. This allows for great public transport links, there are bus stops just a short walk from the business. Norwich airport is also a short drive away.

Tenure
We are advised Leasehold:

Original lease length: New 5 year lease available
Remaining lease length: 5 years
Review every: 5 years
Rent: £800 per month

Hours
The business is open:

Monday – Saturday: 8.30am – 5.30pm
Sunday: 9am – 4pm Appointments only.

Staff
The business is owner run and managed with 2 x full time staff members.

Financial Profile
The business generates a turnover in the region of £85,000 per annum, with a gross profit of approximately 46%.

What Zoopla users think of Norwich

Overall rating:

  • currently 4 stars
Very good - 82% (258 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 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

  • Norwich (2.1 miles)
  • Salhouse (6.3 miles)
  • Brundall Gardens (6.8 miles)
  • Norwich International Airport (2.5 miles)
  • London Stansted Airport (67.5 miles)
  • London Southend Airport (77.3 miles)
  • Reedham Ferry North (13.4 miles)
  • Reedham Ferry South (13.4 miles)
  • Southwold Ferry Landing (28.0 miles)

Nearby schools

View all schools in Norwich
  • Henderson Green Primary School (0.2 miles)
  • Wensum Junior School (0.5 miles)
  • Norwich Primary Academy (0.6 miles)
  • Sir Isaac Newton Sixth Form Free School (1.4 miles)
  • East Norfolk Sixth Form College (19.8 miles)
  • Bury St Edmunds County Upper School (35.1 miles)
  • City Academy Norwich (0.6 miles)
  • The Parkside School, Norwich (0.7 miles)
  • Red Balloon - Norwich (0.8 miles)
Note: Distances are straight line measurements

Local info for Norwich

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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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