MOT Centre and Garage in Essex For Sale

Situated in a Industrial Estate, excellent trading position, Essex.

Turnover £ 9,000
Price £375,000

Features

Garage / Workshop with Mot Centre (class 4,5 & 7)

6 DAYS OPENING

Ground floor PREMISES in the region of 4,750 ft²

Mezzanine floor store PREMISES in the region of 550 ft²


Roller shutter for vehicular access.

1 MOT BAY, LED lighting, concrete floor.


The equipment includes; 2 SNAP ON Scanners, Tyre machine, wheel balancer, ramps, roll cabs, welder (Aluminium), plasmer cutter, air conditioning machine, timing kits, hand tools, etc.

Office

Mezzanine floor, in the region of 560 ft², used for storage.

Ladies cloakroom with toilet and wash hand basin.

Gentleman's cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. We are advised sales year ending 2024 showed sales of £446,084 with a gross profit of £171,413 (38 %)

Staff

The business is at present operated by the vendor with 3 full time staff employed (including receptionist, MOT tester and mechanic).

Trading Hours

6 Day week
MONDAY - FRIDAY 8 am - 5pm
SATURDAY 8 am - 1 pm

NO SUDAY TRADING

Outside

Parking space for a maximum of 22 cars, 2 to the front, 8 to the side and 12 to the rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the Landlord is prepared to grant, to an approved applicant, a NEW SECURE AND RENEWABLE 10 years lease (private landlord) with reviews every 5 years at an initial rent of £26,000 p.a.

Business Rates from April 2025 £16,700 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £395,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 187,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote