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Parking/garage to let

£60,000 pa (£5,000 pcm)

3 Gosport Street, Lymington SO41

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and busy motorcycle and scooter sales, service, repair and accessories business in Lymington, within the New Forest, Hampshire.

The business was established in 1958 and has been in our clients’ ownership since 1991. Only now is the business being offered to the market due to our clients’ desire for a well-deserved retirement. The business operates 5½ days per week and generates a turnover in the region of £85,000 per annum, with a gross profit of approximately 51%.

Our client offers a variety of services including motorcycle and scooter sales, services, repairs and MoTs, as well as bicycle sales and repairs. The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a good volume of repeat trade and word of mouth recommendations.

We feel the turnover could be increased by extending the opening hours of the business. A new owner could also could also embark on a modest marketing campaign to highlight the goods and services offered. The business already has a website in place, which we feel needs to be expanded to promote the goods available.

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

Location
A J Bartlett occupies substantial ground floor premises, ideally located in the port town of Lymington in the New Forest district of Hampshire. The property is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from ample car parking facilities within the area.

Lymington has a large tourist industry, based on its proximity to the New Forest and harbour, as well as being a major yachting centre with three marinas. According to the 2011 census the Lymington urban area had a residential population of 15,407.

The area of the property is served by the public transport system, with bus stops within easy walking distance of the premises. Lymington Town railway station is less than 5 minutes’ walk away. The area is also well served by the a-roads, with the A337 being within easy driving distance, which links to the national a-road and motorway networks. Christchurch is approximately 13 miles away and Bournemouth is 19½ miles away.
Premises
Single fronted terraced property, briefly comprising:

Sales and display area with:

New and used motorbikes and scooters.

Leather clothing.

Helmets.

Boots.

Oils.

Spare parts.

Accessories.

Main workshop with:

25 litre compressor.

2 x motorcycle ramps.

Multiple workbenches.

Numerous hand tools.

Multiple shelving units and other storage cabinets.

Office area with:

Multiple desks.

Filing cabinets.

Various office equipment.

WC with wash hand basin.
Tenure
We are advised Leasehold:

Rent: £880 per calendar month.
Hours
The business is open:

Monday – Friday: 8.30am – 5.30pm

Saturday: 8.30am – 1.00pm

Sunday: Closed
staff
The business is owner run and managed with 1 x full time staff member.
Financial profile
The business generates a turnover in the region of £85,000 per annum, with a gross profit of approximately 51%.

What Zoopla users think of Lymington

Overall rating:

  • currently 4.5 stars
Very good - 87% (26 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
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Schools & public services
  • currently stars
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Nearby transport

  • Lymington Town (0.1 miles)
  • Lymington Pier (0.4 miles)
  • Sway (3.6 miles)
  • Bournemouth Airport (13.4 miles)
  • Southampton Airport (15.4 miles)
  • Shoreham Airport (54.5 miles)
  • Lymington Pier Ferry Terminal (0.4 miles)
  • Yarmouth IOW Ferry Terminal (4.0 miles)
  • Mudeford Quay Ferry Landing (9.2 miles)

Nearby schools

View all schools in New Forest
  • Lymington Church of England Infant School (0.4 miles)
  • Lymington Junior School (0.5 miles)
  • Pennington Infant School (0.9 miles)
  • Brockenhurst College (4.5 miles)
  • The Fortune Centre of Riding Therapy (9.2 miles)
  • Minstead Training Project (10.0 miles)
  • Walhampton School (0.7 miles)
  • Priestlands School (0.8 miles)
  • Southlands School (1.1 miles)
Note: Distances are straight line measurements

Local info for New Forest

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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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