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Parking/garage for sale

£219,995

Rugby, England, United Kingdom CV21

Parking/garage for sale
Interested in this property? Call +44 1204 351867 * or Request Details

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Property description

Business
Please quote reference B08210

Cogogo are delighted to welcome to the market Arches Lane Garage, a highly regarded vehicle repair business in Rugby, is now available for sale due to our client's desire to retire. Established over 40 years ago and under our client's ownership for 35 years, this well-established garage has built a strong reputation for delivering exceptional automotive services, earning it a loyal customer base and an excellent standing within the community.

Property Details:


  • Unit 1: Freehold - A well-maintained facility with ample space for multiple vehicles and fully equipped with state-of-the-art tools and machinery.

  • Unit 2: Leasehold - A unit offering flexibility for expansion, with an affordable lease arrangement.


Key Features:

High Footfall Location: Situated in a prime area in Rugby with high visibility and easy access, attracting a constant flow of local and passing trade.

Qualified Staff: All mechanical services are performed by highly skilled and qualified mechanics, ensuring top-quality service and customer satisfaction.

Diverse Service Offering: Arches Lane Garage provides a comprehensive range of vehicle services, including:


  • Belts and Hoses

  • Engine Diagnostics

  • Lube, Oil, and Filter Changes

  • Air Conditioning Repairs

  • Brake Repair

  • Tire and Wheel Services

  • Mot Testing

  • Other General Car Services


Business Potential and Opportunities for Growth:

Arches Lane Garage presents an excellent opportunity for a new owner to take over a profitable business with numerous avenues for expansion and growth:


  • Enhanced Marketing Strategies: Increase digital marketing efforts, including social media advertising, search engine optimisation, and a revamped website to attract a broader customer base.

  • Extended Service Range: Introduce new services such as hybrid/electric vehicle maintenance, car detailing, or specialised services like performance tuning or custom modifications to attract niche markets.

  • Corporate Partnerships: Partner with local businesses, taxi companies, and delivery services to secure long-term, high-volume service contracts.

  • Facility Expansion: Utilise the leasehold unit (Unit 2) to expand operations, such as offering a dedicated space for MOTs or quick turnaround services like tire fitting and oil changes.

  • Customer Loyalty Programs: Implement a loyalty program or membership scheme to increase customer retention and repeat business.


Why Choose Arches Lane Garage?

With over 40 years of operational success and a solid reputation as one of Rugby's leading car repair garages, you are buying a business with a proven formula for success. A loyal client base that spans generations, with many customers returning for regular maintenance and repairs. The business is fully equipped with all the necessary tools and equipment, allowing for immediate operation and revenue generation.

Our client is open to all reasonable offers and is willing to negotiate terms, making this an ideal opportunity for both seasoned entrepreneurs and first-time business owners.

Conclusion:

Arches Lane Garage represents a unique opportunity to acquire a profitable and well-established vehicle repair business with tremendous potential for growth. Whether you are looking to expand your existing business portfolio or enter the automotive industry, this is a rare chance to own a thriving garage in an excellent location.

Don't miss out on this exceptional opportunity - Contact Cogogo today to arrange a viewing or for more information.

Location
The garage is located in a bustling area of Rugby, a town know for its vibrant community and strong local economy. With excellent transport links and ample parking, it is ideally positioned to attract a diverse range of customers.

Premises
Unit 1 - Freehold - £219,995

Unit 2 - Leasehold - £99,995

Tenure
These opportunities are being sold on both a Leasehold and Freehold basis.

Unit 1 - Freehold

Unit 2 - Leasehold with 7 years remaining on a 10 year lease.

Hours
The current operating hours are:

Monday to Friday - 8:00am to 6:00pm

Saturday - 8:00am to 1:00pm

Sunday - Closed

Staff
The business is run and managed by our client with the help of 4 staff members.

Financial Profile
This business generated a turnover of £237,000. Full financials can be made available upon further request.

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For more information about this property, please contact
Cogogo, BL3 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 Cogogo, and do not constitute property particulars. Please contact Cogogo 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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