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Reference M5741
Turnover £ 7,500
Price
£295,000
Specialist Garage Plus Mot Station
5 DAYS OPENING
DOUBLE FRONTED PREMISES, PREMISES in the region of 2,100 ft², WITH ELECTRIC ROLLER SHUTTERS. Reception Area, Computer, fully equipped garage with 3 ramps
MOT Ramp & Station.
Staff Toilet with w.c. and wash hand basin.
Kitchen
WE ARE INFORMED by the owner the turnover currently averages £7,000 - £8,000 p.w.
The business is at present operated by the vendor with 3 full time mechanics.
5 Day week
MONDAY - FRIDAY 8.30am - 6pm
Parking space for 6/7 car.
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 8 years in 2024 with a stepped rent of £63,000 p.a. + VAT then in 2026 rent will be £65,000 + VAT then in 2028 the rent will be £67,000 + VAT
Business Rates from April 2025 £6,000 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2013, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 147,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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