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Well Established Autoparts Business for Sale

South Shields, Tyne and Wear

Leasehold : 94,995

The business is situated in a parade of shops on a major through road in South Shields which is in Tyneside. The town's has many tourist attractions such as the museum & art gallery which includes a permanent exhibition dedicated to the life and times of Catherine Cookson, the seafront complete with promenade, parks, fairground and amusement arcades, crazy golf, skate complex, quasar laser, miniature steam railway and boating lake and live entertainment together with coastal scenery, beaches and dunes at Littlehaven, Sandhaven and Marsden Bay. The business enjoys the superb area surrounded by a wealth of residential properties, complementary businesses, and travel and parking facilities, these are all beneficial as they generate much of the businesses trade. South Shields is a coastal town at the mouth of the river Tyne, approximately 5 miles downstream from Newcastle upon Tyne. Historically in County Durham, the town has the third largest population in Tyneside after Newcastle and Gateshead. It is part of the metropolitan borough of South Tyneside which includes the towns of Jarrow and Hebburn. Tyne and Wear and the inside towns and suburbs are easily reached through the A167 connecting to the A167(M) and beyond.

Situated in the busy town of South Shields
Coastal town popular with tourists
Densly populated residential area
Genuine reason for sale

Business History
Meridian Business Sales are delighted to offer to the market this well presented Auto parts business which was established over 21 years ago by our client and is only now being reluctantly offered to the market due to our clients desire to take well deserved retirement. Since the business was established our client they have invested time and money into the business, continually introducing new lines and income streams which have enhanced the business massively. Our client informs us that they currently generate a respectable annual turnover which is derived from the sale of alternators, exhausts, towbars, roof racks, roof boxes and other motoring accessories. Due to the superb location of the business it enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. There is scope to increase trading hours and further advertising may increase income. Currently the business is owner operated with 2 full time staff. 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.

Trading Hours: Monday: 8:30am - 5:30pm
Tuesday: 8:30am - 5:30pm
Wednesday: 8:30am - 5:30pm
Thursday: 8:30am - 5:30pm
Friday: 8:30am - 5:30pm
Saturday: 8:30am - 5:00pm

Accommodation: The double fronted lock up premise with shutters briefly comprises:


Open plan store

Fixed wall and free standing displays

Various racking and shelving displays

Serving/payment counter

Behind counter stock area

Kitchen with wall and base units
WC with shower

Off road parking

Tenure: We are advised leasehold
Original length: 5 years
Rent: 13,000pa

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