Leasehold Mot Service And Repairs Garage For Sale

Business description

LEASEHOLD MOT SERVICE AND REPAIRS GARAGE
Highly regarded by the Good Garage Scheme (high referrals)
Advised turnover £400,000 PA with good gross profit returns
2 x MOT class 4 lanes with large service repair space
Early interest and viewing is highly recommended
Scope for further development
LEASEHOLD


Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional leasehold MOT, service and repair garage which was first established by our client in 1999. Our client is only now placing the businesses onto the market due to his strong desire for a lifestyle change and to pursue semi-retirement. The business which is run and managed by our client with the assistance of staff achieves a very respectable advised annual turnover of £400,000 pa which is derived from offering first class MOT, service and repair services to a wide range of customers throughout the year. The garage has a healthy split of private and contract customers and is exceptionally busy all year round. The business has an excellent rating on the Good Garage Scheme website which refers work to the garage with countless good customer reviews and highly favourable ratings. The business boasts 2 MOT class 4 lanes which share a rolling road. The facility is sizable and can store 30+ vehicles if filled. There is a large reception with waiting space, large open plan garage with staff room and toilet facilities. The main access is through the estates secure gate system and offers large off road parking facilities. The business has always enjoyed excellent levels of repeat trade with repeat customers visiting for many years. The business also sees a good amount of new customers from countless recommendations and from the highly visible trading location. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest and viewing of this very successful garage.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining: 2 years
Rent: £3,000pcm

Living accommodation:

Well presented and well appointed large garage facility offering reception with customer waiting/seating area, large open plan garage facility housing 30+ cars if filled to capacity, secure enclosed external parking for 15+ vehicles, staff room, storage and toilets, briefly comprising: GROUND FLOOR Prime corner location with large adverting on property and reception accessed via roadside. Reception Large open plan reception area with front waiting seating space for customers, large fitted serving/welcoming desk plus behind desk work space with tables, chairs and paperwork storage. Garage Large open plan garage facility with high ceilings comprising of: 2 x (well spaced and well equipped) MOT lanes which share a rolling road. 3 x 4 poster ramps (2 MOT and 1 repair and service) 3 x 2 poster ramp 1 x 3 poster ramp The garage is fully equipped with: Ramps MOT bays x 2 Variety of hand tools Tyre machine Tyre balancer Compressor 4 wheel alignment Mig welder Engine hoists Various diagnostics Battery booster 3 x jacks Storage racking Staff kitchenette with seating and dining space 2 x toilets (customer and staff) Storage for stock Large metal shutter door access EXTERNAL Security gated access to trading estate First building access to garage Front parking facilities 2 x MOT parking plus 15 additional spaces.