MOT Garages for sale in Sheffield

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Freehold Price: £375,000 Price Reduced Turnover: £41,392 Gross Profit: £23,974
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Business Description
BUSINESS
Hilton Smythe are delighted to welcome to the market Volksgear. A well-established MOT and vehicle repair company. Established in 1983 by our client the business has been ran at a steady pace, due to our client’s desire for retirement.

In past years the business has generated a healthy turnover of £300,000. However now the business is generating an advised turnover of £41,392 per annum, with a gross profit of 58%. Which could be massively increased with a little work put into the business. Set in a great location with a lot of passing trade the business has a mass amount of potential customers.

The business repairs most makes and models of vehicle including light commercial, targeting more customers; they also offer MOT’s of class 4 and services. This freehold business is set on a half-acre site, and comes with an already established car sales business, which is on the same site. The car sales plot is currently let out, the building is large and has many cars for sale.

This garage has many loyal customers, and is well known in the area for their fantastic prices and great standard of work carried out. The site has potential to be redevelop into residential properties.  

With so much potential this business deserves an early viewing to admire the amount of potential the business has.

LOCATION
 Volksgear is located on Ecclesfield Road in Sheffield which is a densely populated area.

The business is close by to the M1, based in a residential and commercial area. The area generates a varied range of customers. The main road location means the business gains a lot of passing trade. The business is attached to the car lot next door, and gains customers from this joint business.

The area is mainly surrounded by houses, and has many connections leading through to Rotherham town and Sheffield town centre. A 10 minute drive from the business is Meadowhall train station, allowing customers to travel to the business freely.

The business has many Primary and Secondary schools in the area, and there are many more local amenities in the area. Concord golf course and park is just a short walk from the business, and with many potential customers traveling through the area the business has a large amount of footfall.

PREMISES
This half-acre plot, has a garage and a large car sales company which is currently let out.

This fully equipped garage, comes with an additional work shop and offices. The entrance of the business is the reception area, which has a large counter and a seating area for waiting customers.

Behind the counter is an office area. The waiting area has a viewing area for the MOT’s.

There is a small separate office, and leads through to a kitchen area and toilet for the staff.

In the work shop is a storage area 1 bay scissor lift, and it has an electric shutter door to the rear, leading to the back of the business, where there is a large car park.

The MOT bay equipment is as follows-

4 x Post ramp
Diagnostics, the new emissions equipment is leased.
Welding gear is rented.
Compressor

There is another electric roller shutter, and at the back of the business is a 7 manual roller shutter.

The other building is currently used as a car sales and is let out to another business. At the front of this property is 15+ bays for parking. This building is large and there is plenty of room at the back of the garage for more cars.

TENURE
We are advised that the business is Freehold

HOURS
Business opening times-

Monday- Friday: 9am-5pm

Saturday-  9am-2pm

Sunday- Closed

STAFF
The business is run and managed by our client.

FINANCIAL PROFILE
We are advised the turnover for the business is around £41,392 per annum.

With a gross profit of 58%



Tenure: Freehold

Listed by: Hilton Smythe
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