Freehold Established MOT Garage and Car Sales with Potential

Price:

Freehold - £625,000

Turnover:

Seller Ref:

9703LN

Location:

Lincolnshire

Business Type:

Commercial Property, Motor & Transport Businesses for Sale

See Other:

Development sites for sale in Lincolnshire
Mot garages for sale in Lincolnshire
Commercial property for sale in Lincolnshire
Motor & transport businesses for sale for sale in Lincolnshire

Description:

THE BUSINESS:

THE BUSINESS

• The origins of the garage go back in excess of 70 years.
• Excellent reputation developed over the years
• Prestigious and reliable customer base.
• Has been in the capable hand of our client for the past 3½ years.

REASON FOR SALE

• The vendor is suffering with ill health, which forces early retirement plans.

PRODUCTS AND SERVICES

• Successful second hand car sales
• The business provides circa 5 MOTs a day
• Full mechanical work offered
• Problem diagnostics and engine tuning
• Body work repairs (mostly sent out)

CUSTOMERS

• Many local customers up to 20 mile radius
• Most customers are regular and returning clients

EQUIPMENT

Workshop 1
• Fully fitted for MOT’s including:
• Rolling road
• Diagnostics
• Hydraulic ramp
• Compressor and beam testing equipment for headlights
• Exhaust tester
• ATL test lane

Workshop 2:
• 2 hydraulic ramps

STRENGTHS

• Excellent reputation in area
• Consistent profitability
• Superb central village location
• Constant MOT’s
• Customers usually all returning
• Offering complete car repair facilities
• Extremely well established garage, member of good garage scheme.com
• Has recently landed a contract with a bus company for maintenance.

SCOPE

• The area at the rear of the garage is large enough to build a substantial detached home for the owner.
• The present vendor has had this in mind but illness has prevented its execution.

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

Highly prominent position in a traditional Lincolnshire village. Very large site with glass fronted car sales showroom. Main road site, plenty of on road car parking. The village is central to many small satellite villages surrounding it.

Trading Hours:

• Mon to Sat: 8.30am to 5.30pm

Accommodation:

• The whole of the showroom and workshops are single story. • Spacious drive at left hand of building leading to a large un-developed area at the rear of the property • The whole site is just under one acre in size