Property Listing Details

Property details

Features

  • Leasehold
  • Annual Turnover £288,178
  • Gross Profit £138,641
  • **Audited Accounts 31st July 2019**
  • New Lease Offered
  • Further Units Available If Required
  • Large Corporate Database Customers
  • Additional Space Available to Expand
  • Mot Servicing inc. Class 7 Vehicles
  • Large Yard Area for Parking and Van Sales
  • Registered for Class IV, V & VII mot
  • Retirement Sale
  • EPC - D

Listing view statistics

Last 30 days: 0 page views

Description

Ref 6272 – Leasehold Commercial mot & Vehicle Workshop
Blacks Brokers are pleased to bring to the market this leasehold commercial mot & vehicle workshop located in a busy commercial area of Willenhall, West Midlands.
Introduction

Bargain Vans Ltd has been trading on Watery Lane since 2011. Our client has owned this land for some time and purpose built three industrial units to house this business. Bargain Vans Ltd currently occupies one of the three units and the other two are vacant. At present just the mot station is available but the further two units could be made available to a purchaser if required. The business offers a range of services for commercial vehicles and is registered for class IV, V and VII MOTs. It has a large, diverse range of customers from private owners to commercial contracts with large companies such as main dealers and fleet contracts. Most custom is generated through word of mouth and recommendation as the business has a superb reputation.
Location

The business is located on Watery Lane – this is a main route from Willenhall to Bentley Bridge and the business occupies a main road position. This area is mainly industrial with good access to the M6 motorway, plentiful parking is available immediately outside each unit.
Reason for sale

Our client offers this business for sale due to retirement.
Lease

A new lease will be offered by our client, the lease will be fully negotiated upon sale.
Building layout and design

Bargain Vans Ltd operates from one, large industrial unit which comprises of workshop area, reception, staff room and toilets. The workshop is fully-equipped with two, four post/five ton ramps, a two post/three ton ramp, compressor, tyre changer, balancer, diagnostic equipment and much more.
Staff

The business is operating with our client working on a full-time basis supported by three members of full time staff – this includes one apprentice.
Financial details

Bargain Vans Ltd has traded solidly since opening. The business generates an annual turnover of £288,178 with gross profits of £138,641. Full financial details are available upon viewing.
Summary

This leasehold proposition offers a range of income opportunities for a new owner and the units could accommodate a variety of businesses. There is plenty of scope to develop the existing business further with the introduction of advertisements and an online presence – all custom has been previously generated through word of mouth. This business would ideally suit a new owner-operator looking for an instant client base, potentially another similar business looking for instant expansion. Early viewings are strongly advised. Business: £79,995.

Please quote ref: 6272

Fixtures & Fittings

2 x 4 Post ramps; 5 ton

1 x 2 Post ramp 3 ton

Compressor

Mig welder

Tyre changer

Balancer

Wheel alignment

Diagnostic equipment x6

Opening Hours

Mon - Fri - 7am - 6pm
Sat - 7am - 4pm
Sun - By Appointment

Map & Nearby

Local Amenities

  • Wolverhampton 2.1 miles
  • Bloxwich 3.1 miles
  • Fibbersley Park Academy 0.3 miles
  • Stow Heath Primary School 0.7 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Wolverhampton 2.1 miles
  • Bloxwich 3.1 miles
  • Fibbersley Park Academy 0.3 miles
  • Stow Heath Primary School 0.7 miles
Switch to next tab

Want an expert valuation of your home?

Book an agent valuation
Property descriptions and related information displayed on this page are marketing materials provided by Blacks Business Brokers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information.