Leasehold Vehicle Bodywork Repairs Business Located in Mickleover, Derby

Derby
£99,950
Business ID:
#2889
£99,950
  • Ref: 2889
  • Type: Garages
  • Availability: Sold
  • Veritas Categories: Garages
  • Business ID: 2889
  • Commercial Tenure: Leasehold
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Property Features

  • Established Business
  • Great Reputation
  • Large Workshop

Full Details

Leasehold Vehicle Bodywork Repairs Business Located In Mickleover, Derby
Ratings # Facebook 5.0 / Google 5.0
Ref 2889

Location
This highly rated Vehicle Bodywork Repair business is located in Mickleover, Derby. Situated within the prominent trading position on Grassy Court Industrial Park, Grassy Lane. The area has a range of other independent businesses along with some large national businesses, all of which bring high levels of footfall to the industrial park. Mickleover is a large suburban village of Derby. It is (2 miles) west of Derby city centre, (10 miles) north east of Burton-upon-Trent, (19 miles) west of Nottingham city centre, (13 miles) south east of Ashbourne and (12 miles) north east of Uttoxeter.

Leasehold Asking Price: £99,950 plus SAV (£10,000)

Business Description
Veritas Business sales are privileged to offer to the market this respected Vehicle Bodywork Repair business which is located in Mickleover, Derby. The site has been a body repair business since 1974 and has been in the careful hands of the current owner since 2020, during the height of the pandemic. He has transformed the premises into what you see today by taking on additional space and extending the workshop which can now accommodate 20-25 vehicles at a time. The business is now being offered for sale as he feels the time is right to follow his passion and work on his new ventures outside of the motor trade.
Since ownership he has invested heavily in new equipment which are all bought and paid for and included within the sale price which is a huge plus for the new owner as additional funds will not need to be spent for some time. He has taken the business from a loss-making business into a very profitable one in a short space of time by shear hard work, delivering quality results for customers and has built up an excellent reputation. Burnaston Bodyshop has a very loyal client base and can be seen by the online ratings and reviews. The core work is split 70% private and 30% contracts with the likes of VW and Nissan to name but a few. Burnaston Body Shop is owner operated and employs 2 full time members of staff and has an annual turnover of £190,000 with a healthy net profit.
We believe there is huge opportunity to increase revenue should you wish, by adding additional staff, applying for the BSI Kitemark Certificate to carryout insurance work and by doing targeted marketing activity. This is a superb opportunity to purchase a turnkey business where all the hard work has been done which is a great base to build upon and such early viewing is highly recommended.

Opening Hours
Monday – Friday – 8:30am – 4:30pm
Saturday – 8:00am – 12:00pm
Sunday – closed

Leasehold
Term: 5 years
Remaining: expires 2025 (can be extended)
Rent: £15,000 pa
Business Rates: TBC
Ground Floor
Office with 2 x desks, office chairs, customer seating, heaters and filing cabinets.
Workshop comprising: spray booth, compressor, dryer and moisture trap, GYS dent puller and extra attachments, stat gun, 3 phase welder, gun wash machine, lift posts, 2 x dust extractors, 4 x heat lamps, UV scan grip, 4 x 3.5tonne jacks, 6 x axel stands, detailing products, staple gun, plastic, soldering irons, jump packs, jumps leads, car care kits, 6 x tressels, polishers, D.A's and other general hand tools, sanders, grinders etc, gas bottles and unit space heater.

First Floor
Canteen/kitchen area with 6 seater table, 6 x office chairs, printer, kettle, microwave, bins, heaters and eye wash station.
W/C with handwash basin (Unisex).

External
Front aspect has allocated parking and bin area. Rear aspect has additional parking.