MOT plus Car Repairs Centre in Peckham For Sale

Situated in railway arches, adjacent to busy road, residential and commercial area, SE LONDON PECKHAM

Turnover £ 3,000
Price £150,000

Features

Mot Centre (class 1,2 & 4) Mechanical Repairs, Garage (cars, Motorbikes)

6 DAYS OPENING

PREMISES in the region of 1,900 ft²

Sliding door for vehicular access.

1 MOT BAY, fluorescent lighting, concrete floor.

The equipment includes rolling road machine, gas analyzer, headlamp aim tester, 3.5 ton four post Maha hydraylic ramp with shaker plates, 2 compressors,

Office to rear

Two toilets with wash hand basin

Mezzanine floor - with office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. in respect of MOT'S with the balance of £1,000 p.w. from car repairs.

Staff

The business is at present operated by the vendor with 1 full time self employed mechanic.

Trading Hours

6 Day week
MONDAY - FRIDAY 9 am - 5 pm
SATURDAY 9am - 1pm

Outside

Parking space for 6 cars, 3 to the front and 3 to the rear.

Tenure

The Arch Co owns the head lease and subject to satisfactory references are prepared to grant a new 6 years full repairing and insuring sub-lease with rent reviews every 3 years at a rent of £28,000 p.a. for the first 3 years.

Price

TO INCLUDE THE NEW SUB-LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote