Specialist Garage and MOT Station in Middlesex For Sale

Situated in a Industrial Estate, prominent trading position, office and commercial area, Middx.

Turnover £ 7,500
Price £295,000

Features

Specialist Garage Plus Mot Station

5 DAYS OPENING

DOUBLE FRONTED PREMISES WITH ELECTRIC ROLLER SHUTTERS. Reception Area, Computer, fully equipped garage with 3 rams

MOT Ramp & Station.

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

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 - £8,000 p.w.

Staff

The business is at present operated by the vendor with 3 full time mechanics.

Trading Hours

5 Day week
MONDAY - FRIDAY 8.30am - 6pm

Outside

Parking space for 6/7 car.

Tenure

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

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