Leasehold Car Repairs & MOT For Sale

Business description

Bag a Business Ltd is pleased to offer for sale this superbly presented garage and car sales business. The business was established in 1948 and has been in our client's hands for the past 12 years. Only now have our clients put the business on the market due to retirement and relocation. The business offers full garage services, repairs and class IV MOTs, including tyres, exhausts and body repairs. It also boasts a small car sales area, which has huge potential to increase turnover. The business comes with a large client base due to the excellent service offered. The potential to expand this concern is immense as the premises are extremely spacious and with extended opening hours, marketing and developing the car sales, this concern could provide much more profit. The business is able to provide a quality of service to match main dealers.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original: 21 years
Remaining: 5 years (renewable to 21 years for new tenant)
Rent: £12,600 per annum

Living accommodation:

PROPERTY DETAILS Large corner plot on the main high street, briefly comprising: GROUND FLOOR 2 car showroom Main reception area Storeroom with shop window Main workshop area 1 x 4 post ramp 2 x 2 post ramps Compressor Extensive Diagnostic equipment 4 wheel tracking machine Laptop with autodata Steam cleaner Air conditioning gas machine Spring compressor Full MOT, class 4, fully equipped EXTERNAL Car sales forecourt Large rear yard

Location:

Jessamine Motor Company is a high quality garage situated on High Street, the main shopping street of this affluent village. There are several other businesses close by, but the area is mainly a residential area. The business is the only garage within a large area and enjoys a virtual monopoly. The business is centrally located with St Albans and Hatfield being just 5 miles away, Luton 10 miles away and M1 and M25 motorways just 8 miles away.