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The business has been in the present Vendors hands for many years and has established a solid reputation for the servicing, repair and MOT testing of all types of vehicle from modern and well equipped premises.
The business has been in the present Vendors hands for many years and has established a solid reputation for the servicing, repair and MOT testing of all types of vehicles from modern and well equipped premises. The business has an established website and has recently secured a number of prominent local maintenance contracts.
The business is situated on a main road position and enjoys excellent passing trade from its easy access location and is housed in a modern high tech workshop premises with car parking directly to the front. There is a modern service reception and first floor office and parts store. Extremely well equipped open plan workshops with good size MOT testing station.
Equipment includes 2 x 4 Post Lifts, 3 x 2 Post Lifts, 1 x 4 Ton Commercial Ramp, 1 Scissor Lift, 1 x OPTL MOT Ramp, Gas & Diesel Analyser, Motorcycle MOT Bay (on Lease).
Full Inventory to be provided.
The premises are available by way of a Lease granted for a period of 10 years from December 2010 at a rental of £38,000 fixed until December 2012 increasing by £1,000 annually until December 2015 with review thereafter.
The premises are available by way of a Lease granted for a period of 10 years from December 2010 at a current rental of £43,749 until December 2015 with rent review thereafter.
The business is operated under the supervision of the owner and currently employs 3 full time mechanics, 1 MOT Tester and 1 part time general assistant.
The business currently averages 200 - 210 MOT's per month and are Members of the Retail Motor Industry Federation. They are also recognised specialists in the service and repair of Mini's and MG Rover.
Sales for year ended 31st December 2012 £412,595 ex VAT.
We are instructed to invite offers for the Leasehold Interest to include a full Inventory of Trade, Fixtures and Fittings and Goodwill
£140,000 plus Stock at Valuation
Rateable value: £24,250
Each party to be responsible for their own legal costs.
Strictly by appointment through Vendors Sole Agents
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Motor Related Property