Established MOT Station with 5 Rented Units Giving High Yield

Price:

Price on application

Seller Ref:

400

Location:

Scotland, Kirkintilloch

Business Type:

Commercial Property, Motor & Transport Businesses for Sale

See Other:

Description:

THE BUSINESS:

The MOT Station has been established and run by the present owner for 30 years. The business is now reluctantly being placed on the market as the current owners wish to retire. The owners would consider selling just the freehold and leasing the business. Please contact the office to discuss the asking price of the property/business. Annual turnover is in excess of £500,000 including the yearly rental income.

The business offers the full range of MOTs including all makes of private and light commercial vehicles from classes 1, 2, 3 4, 5L and 7. The business has also recently purchased the latest motorcycle MOT and servicing equipment. It benefits from being a preferred MOT centre for private hire taxis in East Dunbartonshire and has a very high level of repeat customers.

The business has an excellent reputation and carries out around 20 MOTs on a daily basis. It has 5 MOT/service bays, plus a workshop, office and staff area.

The freehold premises are approximately 10,000 sqft (943m2). As well as the main business, there are a further 5 units within the property. They are all currently leased to separate businesses with 15 year and 3 year leases in place. This gives the property a regular income and makes it an excellent investment as the rents create an excellent yield.

The business has 5 full time staff and 1 apprentice. The current opening hours are 8am-6pm Monday-Friday and 8am-2pm Saturdays.

***ALL VIEWINGS ARE STRICTLY BY APPOINTMENT ONLY - ALL CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES***