MOT Garage Servicing & Repairs Business For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established and popular business, which has been trading for over 20 years.

The business has been in the careful hands of the current owner for the last 10 years.
He has decided to sell due to growing family commitments.

Our client carries out all forms of vehicle repairs including mechanical and diagnostic fault finding as well as servicing and MOT testing.

The substantial database of customers provide an excellent turnover which has potential for further enhancements.

Our client completes in excess of 15 MOT testings a week.
The business is well equipped with:
• 5 x service bays
• 1 x MOT rolling road bay
• 1 x tyre bay
• 2 x further storage areas for environmental waste
• All equipment is of high specification.

REF: 8932NG

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 10 years
Remaining lease: 6 months (new 10 year lease available)
Review every: 3 years
Rent: £17,500 P.A.

We are advised that the annual business rates are currently: £5,600

Living accommodation:

Th business commands a prime location which has the additional security benefits of an alarm and CCTV systems and consists of the following: Ground Floor • Customer waiting area • Trade counter • Office • W/c • Staffroom • Storage areas • Workshops • MOT bay External ? Forecourt can easily accommodate 20+ vehicles

Location:

Located on a substantial plot, this business is situated on a very busy main road within a densely populated area of Long Eaton in Nottingham.

There are excellent transport links including direct access to the town centre and junction 25 of the M1 motorway.

There are also excellent parking facilities with ample forecourt parking as well as free street parking around the premises.

Other information

Expansion potential:

There is tremendous scope to further increase sales and profits, this could include:
1. Increasing MOT intake capacity
2. Advertise further
3. Add car sales as the forecourt has ample space to accommodate this
4. Include valeting and car wash

Trading hours:

Mon-Fri: 8.30am – 5.30pm, Sat: 30am – 1pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

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• Document