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MOT Station & Garage Services In Preston For Sale

Price:
Leasehold - £99,950
Turnover:
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Seller Ref:
1462
Location:

Lancashire , Preston

Business Type:

Commercial Property, Motor & Transport Businesses for Sale

See Other:
Motor related property for sale in Lancashire
Garages for sale in Lancashire
Mot garages for sale in Lancashire
Motor & transport businesses for sale in Lancashire
Commercial property for sale in Lancashire
Motor & transport businesses for sale for sale in Lancashire
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this thriving MoT station and garage services business, which has been in our clients hands since 1999 and is only now being offered to the market due to his ill health. The business generates a turnover in the region of £197,000 per annum with a gross profit of 79.3%. The business is currently being run at a pace to suit and concentrates on providing MoT tests, carrying out 4,500 tests in 2008 and a projected 6,000 in 2009. There is scope to increase turnover further by promoting the garage services and repairs side of the business. There is also the potential to increase the opening hours if so desired. The business boasts an enviable reputation with much repeat custom and is popular with taxis, motorbikes, motor homes and stretched limousines, due to the configuration and size of the work shop. The business has an MoT lane enabling 4 tests to be carried out at any one time. We feel this represents an ideal opportunity for a new owner to acquire a popular business with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
Location Details:
Frank Street Garage is ideally located within a busy industrial area approximately half a mile from the centre of Preston in Lancashire. The business is easily accessible being just off the main A6. The business boasts a wide frontage and ample car parking. Preston lies 6 miles from the M6 motorway, which connects to the rest of the north west motorway network.
Lease Terms:
Leasehold Original length:10 years Remaining: 9 years Review: every 3 years Rent: £13,000 per annum
Trading Hours:
Mon to Fri: 8.00am to 5.30pm Sat: 8.00am to 1.00pm Sun: Closed
Accommodation:
Lock-up garage workshop premises of steel portal structure with full height roller shutter doors. Briefly comprising: Ground Floor Open-plan workshop area with concrete flooring, 1 x 4-post ramp, 2 x 2-post ramps, MoT testing bay and MoT testing 'lane', inspection pit and additional workshop area • Office and reception with customer waiting area, service desk and coffee machine First Floor • Mezzanine storage
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