Businesses For Sale
Miscellaneous
Garage and Workshop
Boldon
£1,100,000 (Freehold)
REF: NE2248
Introduction
This freehold garage, bodyshop and repair workshop has been trading under the same ownership since 1989 and is a Mercedes Benz independent specialist.
The opportunity has been placed on the market as the current owners are looking to reduce their business commitments and retire.
Location
Boldon is an area made up of 3 villages: East Boldon, West Boldon and Boldon Colliery which form part of South Tyneside in the county of Tyne & Wear.
The business occupies a prominent roadside site on North Road, close to the junction with Cotswold Lane. Access is straightforward from the A19 via Abingdon Way and Henley Way. The immediate area comprises predominantly residential housing but Boldon Leisure Park includes a Nando’s restaurant and an ASDA.
Boldon Business Park is also close to the garage and there are a broad range of tenants including Hernes, FM Coatings and Fusion Utilities.
Description
This is substantial freehold site comprising a range of garage, reception and workshop spaces plus a forecourt with parking facilities.
The accommodation is modern, with external cladding and a pitched roof. There is a mezzanine level within the largest garage and overall the units are in good order with a recent rewire and an up to date EICR.
Business Opportunity
M & S Prestige Sales Limited was established in 1989 and the business has a reputation for service and customer satisfaction with high levels of repeat business and referrals.
The site can accommodate both commercial and domestic vehicles and there are 11 work bays plus 8 ramps and columns. There is a commercial van contract currently in place and all the MB computer systems and software have recently been updated.
The business currently opens weekdays only, but new owners could trade over the weekend if they chose to.
Accommodation
Ground Floor
Spray / Oven Booth circa 1,400 sq.ft. (130 sq.m).
Workshop 1 circa 1,600 sq.ft. (149 sq.m.)
Reception / Office circa 650 sq.ft. (51 sq.m.).
Tyre Store circa 325 sq.ft. (30 sq.m.).
Valet Bay circa 530 sq.ft. (49 sq.m.)
Workshop 2 circa 3,900 sq.ft. (370 sq.m.).
Customer W.C.’s
Staff W.C.
Staff Room
Mezzanine
Works Office circa 110 sq.ft. (10 sq.m.).
Internal Storage circa 1,800 s.ft. (170 sq.m.)
External
Forecourt Parking for circa 12 vehicles.
Services
There is mains water, 3 phase electricity, gas and sewerage into the property.
Trade
Turnover for 31.12.2025 was reported at £601,932 net of VAT.
Staff
Currently operated by the 2 owners with the help of 3 members of staff.
Rateable Value
RV £40,500
Asking Price
Offers in the regions of £1,100,000 (£1.1m) are sought for the freehold interest and goodwill, including the trade items and all stock (estimated to a value of £150,000).
Title
There are 5 titles associated with this asset being:
TY201929, TY69906, TY44708, TY321777 and TY489760.
Viewings
Strictly by appointment with this office.
Money Laundering
In accordance with the current Anti-Money Laundering Regulations, the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
Agents Notes: The sales particulars contained herein are intended for the guidance of intended purchasers and lessees and do not form any part of an offer or contract. All descriptions and any details are given without any responsibility on the part of North East Commercial Property Limited or their vendor client and any intended purchaser or tenant should satisfy themselves to the correctness of any statements contained in the Sales Particulars prior to making an offer by inspection or otherwise. Neither North East Commercial Property Limited nor their employees make or give any warranty whatsoever in relation to the business or property described herein.
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