Summary - Newcomen Road, Middlesbrough, North Yorkshire, TS6 TS6 6PS
1 bed 1 bath Light Industrial
Turnkey trade with strong margins and property ownership included.
Freehold workshop units included in share sale
This offering combines an established, high‑margin vehicle servicing business with two modern freehold workshop units on Skippers Lane, Middlesbrough. The trading company has more than 20 years' history and recent accounts show turnover above £800,000 with circa 14% profit, presenting a strong operational income stream for an investor buyer. The sale is structured as a share sale, which the vendor states avoids stamp duty on the property transfer.
The premises total approximately 6,466 sq ft and include ten car lifts (one a 5‑ton commercial lift), high ceilings, roller shutters and a large garage/parking area. One unit was purpose‑built in 2020 and the workshops received cosmetic upgrades in late 2024, including a freshly painted floor, presenting a tidy, ready‑to‑trade facility. The business operates a small loan car fleet to support customer service and deals with premium marques, which helps maintain strong margins.
Material issues are explicit: there are only 11 years remaining on the lease reported for the property interests, and lenders frequently refuse mortgages on assets with such limited lease terms. Prospective buyers should treat funding as a potential constraint and confirm tenure and mortgageability with lenders early. The location sits in a deprived area with very high local crime rates, which may affect insurance costs, staffing and long‑term rental demand.
This opportunity suits an investor or buyer seeking an income‑producing automotive business with property ownership in the company and immediate trading cashflow. Financial records have been prepared and further management accounts are available on request after an NDA; thorough due diligence on title, lease terms, and lender acceptance is strongly recommended.
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