Leasehold MOT Servicing and Repair Station For Sale

Business description

Advent Business Sales have been instructed to offer for sale this extremely well established and profitable MOT station and garage service business.

The business, which commenced trading in 1975, has been in the hands of our vendors for approximately 12 years and is only now being offered for sale as he wishes to retire and the other to follow a different business venture.

Approximately 100 MOT’s a month are completed with the general public accounting for 75% and other garages and business trade accounts being 25%.

In addition, our clients carry out servicing and general motor repairs for which they have a current charge out rate of £35 per hour.

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Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
LEASE: 10 years
TERM REMAINING: 5 years
REVIEW EVERY: 5 years
RENT: £8,250 per annum

We are advised that the annual business rates are currently: £2,500

Living accommodation:

PREMISES: - Ground floor with roller shutter door to vehicle entrance into MOT bay and the usual brake, headlight and emission testers. - 1 x 4 poster ramp - 1 x 3 poster ramp - Space for additional 2 poster when required. - Office with rear stores and W/C, exit to front car park and mezzanine floor with storage.

Location:

Our client is located within a large industrial estate in a university town in Leicestershire. There are 5 car parking spaces allocated to the garage and there is plenty around the unit and on street locally.

The town is well served by the M1 motorway and by the A6 which both give excellent road links around the county.

Other information

Expansion potential:

Our clients have a very successful and profitable business but still believe it offers god scope to improve both turnover and profits further by:
1. Employing an additional MOT qualified mechanic
2. Installing an extra 2 poster ramp
3. Buying cars that require mechanical work and selling them on

Trading hours:

Mon – Fri: 8.30am – 5.00pm

Financing available:

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

Related documents:

• Sales paticulars

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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