Garage plus MOT Garage in Lincolnshire For Sale

Detached corner property, excellent main road prominent trading position, residential area, Lincolnshire.

Turnover £ 6,675
Price £199,950

Features

Garage Workshop Plus Mot Station

5 DAYS OPENING
FORECOURT FOR 20 CARS

DETACHED PROPERTY in the region of 2,180 ft², office, sales counter, computer system, small room with cash register, back office with computer system.

Fully equipped Workshop with 3 ramps, with tyre machine and balancer, compressor, etc.

MOT Area with ramp (licensed to the limited company).

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

Turnover

The accounts year ending 31th March 2026 show sales of £238,269 with a gross profit £187,359

Staff

The business is at present operated by the 2 partners with the assistance 1 full time and of 1 part time mechanic

Trading Hours

5 Day week
MONDAY - FRIDAY 8.30am - 5pm

Outside

Rear yard with Parking space for 10+ car.

Tenure

The vendor's family owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £35,000 p.a. for the first 4 years.

Business Rates from April 2026 £2,390 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1988, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

SALE VIA SHARE TRANSFER

TO INCLUDE THE NEW, GOODWILL, FIXTURES & FITTINGS £199,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 99,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote