MOT, Service & Repair Garage (Freehold), Middlesbrough

  • Freehold Price: £445,000
  • Annual Turnover: £330,000
Middlesbrough, North Yorkshire, England
Seller Ref:5851
For Sale

MOT, Service & Repair Garage (Freehold), Middlesbrough

Middlesbrough, North Yorkshire, England
Seller Ref:5851
  • Freehold Price: £445,000
  • Annual Turnover: £330,000

Description

Key Features
MOT, service and repair garage
6 months sales £164,650
Ground floor area 9,478ft²
Rare freehold opportunity
Established since 2000
Genuine retirement sale

The Business
This is a well established MOT service station, repair garage operating since 2000 with a full team of mechanics providing reliable and efficient testing, car repairs and servicing to customers throughout Middlesbrough and surrounding areas in the north east of England. Operating from freehold premises and fully equipped with all the necessary tools, equipment and service bays to cope with customer demand for a good solid profitable business.

The majority of the income is generated from services provided within the main workshop which is operated by the owner and staff. Secondary rental income generated from the additional workshop and body shop within the premises. The second workshop has a verbal rental agreement with a mobile mechanic with an annual rental income of £5,200. The body shop has a verbal rental agreement with an annual rental income of £4,560.

Rateable Value: £6,100 Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay

Premises
Ground floor premises incorporating workshops and body spray rooms with internal access to additional rooms and furnished office on the first floor.

Business Premises Measurements
Ground Floor
Workshop 320m² (3,443ft²)

First Floor
Offices – 26m² (280ft²)
Store – 41m² (443ft²)
Mezzanine – 50m² (544ft²)

Ground Floor (Mobile Mechanic)
Offices – 61m² (657ft²)
Workshop – 185m² (1,944ft²)

Ground Floor (Auto Spray Shop)
Workshop 88m² (951ft²)
Reception 4.72m² (51ft²)

Totat 880m² (9,478ft²)

Employees
TUPE rules apply to all 6 employees within the business

Property Type
MOT Service Station

Tenure
Freehold only

Reason for Sale
The business has been under the ownership of our client since 2000 with the sale opportunity is due to retirement.

Disclaimer Notice
The financial information shown has been provided to us by the vendor of the business. Any interested parties should make the relevant enquires to satisfy themselves as to the accuracy of this information as we cannot provide any warranty as to its accuracy. See our disclaimer page for more details..

Viewings
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.

Trading Hours:
Monday to Friday 8:00am – 5:00pm, Saturday 8:00am – 12:00pm, Sunday Closed
Number of Employees:
6
Location Details:
The premises is located within the densely populated residential area of South Bank within a suburb to the east of Middlesbrough, a town in the North East of England. Local transport links include close proximity to the A66 linking to the main A19 road.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://a1businesses.co.uk/property/5851/

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