Cardiff-based Motor Spares Business with Key Cutting Services Up for Sale

Description

Key Features:Motor Spares/Accessories BusinessKey Cutting / Number Plates ServicesEstablished Over 44 YearsRetirement Sale OpportunityPleasant Shop In Busy LocationDaytime Hours Only TradingExcellent Sales With Strong ProfitsMinimal Staffing RequirementFreehold or Leasehold Sale OptionsBusiness OverviewA long-established motor spares and accessories business located in a strong trading position to the east of Cardiff city centre.Trading successfully for over 44 years, the business has built a solid reputation and loyal customer base, benefiting from its location on a major road within a busy parade of shops, surrounded by a large residential catchment area and offering year-round trade.The business specialises in motor spares, accessories, key cutting, number plates, and related services, providing a broad range of products and services to both regular and new customers.Currently operated by the owner with occasional support when required, the business presents an excellent opportunity for an experienced operator, automotive enthusiast, or new entrant seeking a profitable and established operation.Trading on daytime hours only, the business benefits from an established website, strong market reputation, and annual sales of approximately £220,000, delivering strong gross margins and adjusted net profits.Up-to-date accounts and VAT records are available and demonstrate the continued strength and profitability of the business.Tenure OptionsThe business is available either as a freehold and business sale or on a new leasehold basis.The freehold option includes a fully self-contained two-bedroom maisonette above the premises, currently tenanted and generating additional rental income of £890 per month.The leasehold option relates to the shop and business only and is available at an attractive rent level.Reason for SaleThe business is being offered for sale due to retirement.EPC: B (Shop) / C (Flat)