Freehold Mot Testing Station & Garage For Sale - Newcastle under Lyme, Staffordshire, United Kingdom
 
Advert Ref: 10277
 
 
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Business description
Bag a Business is delighted to offer to the market this extremely profitable MOT testing station and general repairs garage, which has been under the careful ownership of our client for approximately 5 years. Associated Car & Truck is only now being placed on the market due to our clients' wish to concentrate on their other business, closer to home. The business has an exceptional turnover for limited opening hours, generating an annual figure in the region of £192,240 with an excellent gross profit of 76%, derived from primarily trade work contracted from the likes of Arnold Clark and Lymedale Motors plus many more. The business has sustained and increased its work from the trade by offering competitive pricing and high standards of customer service, which has seen, at peak times, up to 20 MOT tests per day. It is also worth noting that a prospective owner would benefit from over £6,000 per annum rental income from a patch of land that is let for a mobile telephone antenna. We feel that this is an excellent base for a new owner to build upon, perhaps by proactive marketing to increase the retail aspect of the business, or extending the opening hours and introducing an extra MOT bay. Early discussions with Bag a Business are strongly recommended to appreciate the potential this business has to offer.
 
Trading hours: Mon - Fri: 8.30am - 5.00pm
 
Property
Freehold
 
Location
Associated Car & Truck is ideally situated within the busy Holditch Industrial Estate. The business is located close to the entrance of the industrial estate, making it easily visible and accessible for current and prospective purchasers. It is situated in the suburb of Chesterton, which is just 2 miles' drive to the centre of Newcastle-under-Lyme. Newcastle-under-Lyme is part of the Potteries Urban Area and North Staffordshire. Newcastle-under-Lyme is served by the M6 motorway to the south and west of Newcastle and by the A500 to the north and east. There are access points from the M6 at Junctions 15 and 16, to the south and north respectively. The A34 trunk road runs through Newcastle from north to south and there is a large bus station in the town centre.
 
Expansion potential
PROPERTY DETAILS Large detached building of brick construction with a pitched roof. The building is split into two areas internally, briefly comprising; GROUND FLOOR Approximately 3,100 sq ft of workshop area Two offices Two, 4 tonne ramps Two, 3.5 tonne ramps 3 tonne ramp for MOT testing Two VOSA MOT testing computer points W/Cs Fully equipped kitchen First floor storage Roller bay doors Two inspection pits EXTERNAL Large car park and holding area for approximately 10 vehicles
 
 
 
 
 
Financial Details
Asking price:
£389,000
 
Sales revenue:
£192,000