MoT Station And Car Sales Business In Newcastle For Sale

Business description

Preferred Commercial is delighted to offer for sale this popular MoT station and car sales business, which was established in 1950 and which has been in our client's careful hands since 2004. The business is only now being placed on the market due to our client's other business interests and generates a turnover in the region of £1,300,000 per annum derived from MoT testing and car sales. These substantial premises occupy just under an acre of land with the current owner is in the process of a fully cladding the external buildings creating a brand new look for any future occupants. On offer is a MoT testing bay and service station, a 6-car showroom, a further 14-car showroom, forecourt for over 40 cars, a 4-car cleaning bay, 6 offices, reception area and a further 25 car standing area. The business is a well-known landmark in the north east of England, having traded as car sales for over 50 years. However, our client advises us that the location would lend itself to a variety of other uses, subject to the relevant planning permissions being granted. Our client is offering the business with a variety of options on either a freehold or a leasehold basis. We feel this represents an ideal opportunity to acquire a well-established and well known MoT station and car sales business with immense potential for future development. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Lease terms:

Freehold as listed or Leasehold with 3 options available:

Option 1: For a fully functional turn-key MoT and service centre business. Price £70,000 with a long term lease of £300 per week rent.

Option 2: MoT station, 2 showrooms, forecourt cleaning bay, offices etc with full occupancy. Price £70,000 with a long term lease of £700 per week rent.

Option 3: 2 car showrooms, forecourt cleaning bays, offices etc. Long or short term lease available. No entry fee. £400 per week rent.

Location:

Pickering Nook Garage occupies a prominent corner location on a busy junction on the A692 Gateshead to Consett road. The popular village of Burnopfield lies approximately half a mile away. The business occupies substantial premises and benefit from much passing trade. Gateshead and the city of Newcastle upon Tyne lies approximately 7 miles to the northeast, while Consett lies approximately 5 miles southwest.

Premises details:

MoT bay, car sales showrooms and offices, set within just under an acre of land in a prominent position. Briefly comprising:

Internal
• MoT bay with all necessary equipment, 2 x 4-post ramps, 2 x 2-post ramps, brake rollers, modern petrol and diesel gas analyser, headlight alignment device, compressor, tyre changing machine, wheel balancer, launch diagnostics machine, oil burner heating unit and customer waiting area
• Reception area with small car showroom for up to 6 vehicles
• 6 x offices
• Large car showroom for approximately 14 vehicles
• WCs.

External
• 40-car forecourt set in just under one acre of grounds
• 4-car valeting area
• 25 car standing spaces

Other information

Trading hours:

Mon - Sat: 9.00am - 5.00pm
Sun: Closed