Business description
The business is engaged in servicing, MOT’s, and repair of motor vehicles. This includes engine management and diagnostics, air conditioning, braking systems and tyre replacement.
Property information
- Property:
- Leasehold
- Lease terms:
- The vendors own the freehold but are offering the business for sale on a leasehold basis subject to the agreement of terms for a new lease at an initial rent of £20,000pa.
The freehold interest is available by separate negotiation.
- Leasehold rent:
- £20,000 per annum
- Location:
- Well positioned on an industrial estate in central Norfolk with excellent main road access and good visibility from the main road.
- Premises details:
- The business operates from a modern style industrial unit comprising workshop, offices and reception with kitchen and WC facilities, store and yard all secured by double metal gates. The premises are alarmed.
Business Operation
- Expansion potential:
- Until recently the business sold used cars. This is an area for future growth for a potential purchaser.
- Reasons for selling:
- Retirement
- Trading hours:
- Monday to Friday 8.00am to 5.30pm. Saturday 9.00am to 12noon.
- Employees:
- The business is presently run by a husband and wife team with 2 technicians and 1 administration assistant.
- Years established:
- 14 years