Garage and MOT Station in West London For Sale

Situated in a Industrial Estate, prominent trading position, residential, office and commercial area, WEST London

Turnover £ 10,000
Price £250,000

Features

Motor Vehicle Repair Plus Mot Garage

6 DAYS OPENING
EXTERNAL PARKING FOR 3 CARS
BMW Specialist

SINGLE FRONTED PREMISES in the region of 2,150 ft² WITH LARGE ROLLER SHUTTER, 5 RAMPS, fluorescent lighting, Concrete floor, wheel alignment machine, diagnostics machine, etc.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w.

Staff

The business is at present operated by the vendor with 3 full time mechanics and 1 service advisor.

Trading Hours

6 Day week
MONDAY - FRIDAY 8am - 6pm
SATURDAY 9am - 1pm

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 10 years full repairing and insuring lease with rent reviews every 5 years at a rent of £42,000 p.a. for the first 5 years.

Business Rates from April 2023 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote