Car Parts & Accessories Retailer in Cainscross, Stroud, Gloucestershire

GL5 4JQ Stroud


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This business is marketed by

Hilton Smythe View more business for sale by this agent

BUSINESS
Hilton Smythe is delighted to welcome to the market this long established car parts and accessories retailer business in Cainscross, Stroud, Gloucestershire. The business was established in 1984 by our client. The business is only now being offered to the market due to our clients` desire to take a well-deserved retirement. Kar Parts is a long established car parts and accessories retailer which is well known in the area. The business has a loyal and local customer base, and has a lot of repeat trade. Currently the business is run at a pace to suit the owner. The business offers a wide variety of different parts and accessories including brakes, oils, filters, polish, number plates, bulbs, spray paints, body filler, wheel covers, tools & roof boxes and much more. Above the business is a 4 bedroom flat which is currently rented out to tenants at £600 pcm, also included in the sale is yard with a double garage and parking for up to 3 vehicles. The land with the business has a lot of development potential. We feel the business would suit a purchaser who would like to either run the business or perhaps develop into residential dwellings, we are advised similar properties in the area have been converted into accommodation. Currently the business has no advertising, marketing or website in place, if they were to be implemented the turnover would increase greatly. The website would also be very beneficial for online sales, which could create a large customer base all over the country. Opening Tuesdays and possibly Sundays with an owner who can put more time into the business would also increase turnover a great deal. This is an excellent opportunity for a new owner to take this well-established business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
Kar Parts is located in Cainscross, Stroud, Gloucestershire. Situated on the corner of a busy cross road in Cainscross, a village in Gloucestershire, on the outskirts of Stroud. The business gets excellent footfall from passing shoppers and motorist, the area is densely populated with a population of approximately 6,700. Stroud town centre is a short 5 minute drive away or approximately 20 minute walk away and around the same distance to Stroud train station. The business is also a 10 minute drive away from the M5 motorway. Stroud is a market town and civil parish in the county of Gloucestershire. It is the main town in Stroud District. Situated below the western escarpment of the Cotswold Hills at the meeting point of the Five Valleys, the town is noted for its steep streets, independent spirit and cafe culture. The Cotswold Area of Outstanding Natural Beauty surrounds the town, and the Cotswold Way path passes by it to the west. Stroud acts as a centre for surrounding villages and small market towns including Amberley, Bisley, Chalford, Dudbridge, Dursley, Minchinhampton, Nailsworth, Oakridge, Painswick, Sheepscombe, Slad, Stonehouse, Thrupp and Woodchester.
PREMISES
2 storey corner premesis, briefly summarising:- Ground floor: The ground floor consists of a good sized retail sales area with shelving and racking to perimeter walls to suit trade, the area also includes a spray paint display, roof box display, exhaust display and more. A large wooden counter is in place with an electronic cash register and computer. Rear store area with 2 shelving aisles to suit which are fully stocked. To the rear of the premesis is an office, toilet facilities and a further large store room Second floor: The second floor has a 4 bedroomed flat which is currently rented out for £600 pcm. The flat consist of a kitchen, bathroom with toilet facilities and shower and lounge. Exterior: To the rear of the premesis is an enclosed yard, a large garden area and a second yard with a double garage and 3 car parking spaces. The premises would be ideal for other business opportunities.
TENURE
We are advised freehold.
HOURS
The business is open: Monday : 9am till 5.30pm Tuesday: Closed Wednesday - Saturday: 9am till 5.30pm Sunday: Closed
STAFF
The business is owner run and managed.
FINANCIAL PROFILE
We are advised the business generates a turnover in the region of £90,000 per annum and a gross profit of approximately 35%.


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business information

Sale price: £310,000
Tenure : Freehold
Status: Available
Sectors:
Car Dealerships
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