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Established Mot Garage And Service For Sale

East Sussex
Asking Price:
£165,000
Turnover:
£520,000
Net Profit:
Available on request

Established over 22 years ago, by our client with a wealth of experience in the industry. The business has an outstanding reputation for providing excellent workmanship, which has resulted in seeing high volumes of repeat custom and a number of trade customer’s as well. The garage service, repair and carry out classes 1-2-3-4-5-7 MOT testing on motorcycles and motor vehicles, diagnostics and vehicle air conditioning and repairs of all car types and motorcycles. The garage is also an authorised repair centre for MG, Rover, BMW and New Mini.

Property information

Property:

Leasehold

Lease Terms:

The entire premises are held on a full repairing and insuring leases at a current rental of £43,236 per annum exclusive, with 1 year left. The lease also has the benefit of the 1954 Landlord and Tenant Act, therefore we see no issue in the lease being extended.

Leasehold Rent:

£43,236 per annum

Location:

South coast

Premises Details:

: The garage is located in Portslade on a purpose built industrial unit on the South Coast road, which is easily accessibly for customers. The garage occupies a substantial unit, which includes a reception and waiting area for customers with 20 parking bays to the front of the building. The main workshop area can be accessed by full height garage doors and via the reception area. The workshop has one MOT ramp for class 1-2-3-4-5-7 service and repair ramps and one commercial repair ramp. There is also a separate area where MOT’s for motorbikes are carried out. In addition to this there is a mezzanine floor, which contains the office and storage facilities. Toilets are located adjacent to the main reception.

Planning Consent:

garage

Business Operation

Expansion Potential:

yes

Reasons for selling:

retirement

Trading hours:

The business trades during the hours of 8:00 am to 5:00pm, Monday to Friday 8am-5:30pm and Saturday’s 8am-12pm

Employees:
vendor works full time in the business with the assistance of 3 full time technicians and one receptionist/manager.
Years established:
22 years

Other Information

Support & training:

yes

Contact Information

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