Repair Garage and MOT center in Oxfordshire For Sale

Semi-detached property, excellent trading position, residential area, Oxfordshire.

Turnover £ 4,500
Price £125,000

Features

Old Established Car Mot, Servicing and Repair

5 DAYS OPENING
LARGE GATED YARD WITH EASY PARKING FOR 12 CARS
Gas radiant heating system

Office / Reception area with lino floor, computer, cash register & LED lights, etc.

4 Bays all equipped with Gas radiant heating system and bi-fold doors;

2 x 2 Post RAMPS,
1 x Diganostics Bay
MOT BAY

Staff Toilet with w.c. and wash hand basin.

Staff room with Kitchen

Turnover

The sales year ending 31 March 2024 show sales of £202,004 with Gross Profit of £101,995 and Net Profit of £66,184

Staff

The business is at present operated by the vendor with 1 full time & 1 part time staff.

Trading Hours

5 Day week
MONDAY - FRIDAY 8am - 5.30pm

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £36,000 p.a. for the first 4 years.

Business Rates from April 2025 £1,800 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1972 (SAME FAMILY), AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote