BUSY MULTI-FUNCTION GARAGE – MOT’S (CLASS 4 & 7) / REPAIRS / TYRES / ONLINE SALES / DIESEL PUMP & INJECTOR SPECIALISTS

FULLY EQUIPPED – ALL INCLUDED – GENUINE SCOPE
READING / LOVEROCK RD

View only by strict prior appointment through Messrs A H Lansley

Well Established, lucrative garage with 3 very lucrative income streams –
1) MOT Station (Class 4 & Class 7) – minimum 12 MOT’s per day including repairs, Tyres and E-bay online shop.
2) Diesel Specialists – Diesel Pump diagnostics and repairs plus Diesel Injector testing and repair. More than 500 injectors currently in stock plus well known nationally as a provider of these services. Fully Equipped.

The purpose-built premises – Vendor has added a large mezzanine floor with 5 large rooms – are held on a 10 year lease dated 1st March 2022 (with circa. 9 years remaining) at a rent of £3,000 per month (£36,000 per annum) exclusive of rates and subject to 5-year reviews. Rent Deposit – £5,000.

Rateable Value – £23,750 EPC – E-124

The Site comprises:-

Ground Floor:-Office (circa. 30’1’’ x 19’4’’ – 575sq.ft / 54m²), with counter, storage space for E-bay products (circa.£30,000 stock incl.), customer toilet with handwash basin.
Staff Room (circa. 13’10’’ x 9’1’’ – 125sq.ft / 12M²) – Staff toilet, kitchenette, hand wash basin & changing area.

Main Workshop (circa. 32’10’’ x 30’8’’ – 1000sq.ft / 93m²) 2 x two post ramps
Tyre Garage (circa.47’11’’ x 14’4’’ – 685sq.ft / 64m²) – Tyre machine and 1 x two post ramp.
Diesel Pump Room (circa 17’11’’ x 13’ – 233sq.ft / 22m²)
First Floor/Mezzanine:-
Office with kitchenette, shower room and toilet (circa. 15.8’’ x 13’6’’ – 210sq.ft / 20m²)
Previously used as a Turbo Charger room (circa. 13’6’’ x 11’4’’ – 151sq.ft / 14m²)
Previously used as a Turbo Cleaning Room (circa.15’11’’ x 13’11’’ – 220sq.ft / 20m²)
Previously used as a Turbo Charger Storage Room (circa.16’ x 11’9’’ – 185sq.ft / 18m²) – 5000 turbo chargers needing cleaning and repair
Diesel Injector Room (circa. 13’9’’ x 8’9’’ – 120sq.ft / 11m²) – Diesel Pump & injectors testing equipment
Extra Room 1 (circa.14’4’’ x 10’9’’ – 151sq.ft / 14m²)
Extra Room 2 (circa.14’5’’ x 10’9’’ – 154sq.ft /14m²)

The current owner has been in occupation for approx. 8 years and has been running the very successful company – ‘V-Speed Ltd’ since 2011. Now for sale as the vendor operates another garage and is finding it difficult to run both to their potential.

Trading income figures on application

Considered scope under new management with the required expertise and who know how to push this business forward.

Run by working owner 4 full time staff members (two who are MOT testers one of whom is also an examiner) and a receptionist.

All Equipment, stock and products included in sale (viewing highly recommended to appreciate the large value):- 3 x two post ramps, 3 x high quality diagnostic tester machines, compressors, tyre machine, welder, axle stands, racks, benches, 2 x aircon machines, 2 x diesel pump test bench’s, turbo charger balance machine, parts washer, sand blaster….and much more…

Price required for goodwill, lease, tenant’s fittings, fixtures, plant, stock & equipment:-

PRICE £199,950
(All Included)