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Tyre Fitting & Sales Business for Sale

Wales-Gwent

Freehold : 99,000
Turnover : 3,269 p.w.

This superb business is located in the town of Crumlin in Gwent which has a selection of shops, banks and leisure facilities. It's accessed via the A467 from the A465 and is just 7 miles from Abergavenny, 7 miles from Cwmbran, 8.5 miles from Merthyr Tydfil and 16 miles North West of Newport. Crumlin is very scenic and has a traditional-style town centre which is within a 5 minute walk along with several schools. The passenger rail station is situated in Llanhilleth around 3 miles away and has a direct service to Cardiff. Cwmtillery lakes, a popular recreation area is approximately 1 mile away with it's walks and picnic area.

TYRE FITTING & SALES BUSINESS - GWENT
Genuine reason for sale due to retirement
Early viewing essential to fully appreciate
Situated in the bustling town of Crumlin
Vendor will provide training if required
Advised annual turnover of 170,000
Scope for further development
Currently run at a pace to suit
Virtual freehold
Lock-up unit
LONG LEASEHOLD


Business History

Meridian Business Sales are delighted to offer to the market this tyre services business which has been established for around 33 years and has been in the careful hands of our clients for the last 23 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 170,000 which is derived from the sale and fitting of a range of tyres. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Trading Hours: Monday: 9:00am - 5:30pm
Tuesday: 9:00am - 5:30pm
Wednesday: 9:00am - 5:30pm
Thursday: 9:00am - 5:30pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 12:30pm
Sunday: Closed

 
Accommodation: Single storey lock up unit, briefly comprising:

Secure shutter and door entrance

Open space

Shelving & racking for tyre storage

Tool storage

Small office


EXTERNAL

Lean to shelter

Large yard for approximately 8-10 vehicles

 
Tenure: Long Leasehold
Original Length: 80 years
Remaining: 22 years
Ground Rent: 1.00pa

 
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