MOT Garages for sale in Stoke-on-Trent

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MOT, Service, Repair Centre - Stoke-On-Trent

Stoke-on-Trent, Staffordshire, England

  • Leasehold Price: £30,000
  • Annual Turnover: £50,000
Seller Reference: 6984
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Business Description
 
 
 
 
 
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Seller Reference: 6984
Request Details
Business Description
Close To Town Centre
Free Parking In Immediate Area
Annual Turnover £50,000
Further Financial Info Available After Viewing
1,291 Square Feet Inside
2,906 Square Feet Yard Outside
Fantastic Online Reviews
Repeat Customer Base
Ref 6984 Leasehold MOT, Service and Repair Centre

Blacks Brokers are pleased to bring to the market this leasehold MOT, Service and Repair Centre in this much sought after area of Stoke-On-Trent, Staffordshire.

INTRODUCTION

Wilks MOT Centre was taken over by our client in 2016, prior to this the business had been a testing station but trading under a different name for many years. The garage is very well known and has a strong base of regular customers in place and is in an excellent trading position close to many other large transport businesses.

LOCATION

Wilks MOT Centre occupies a prime trading position surrounded by an array of residential housing. The is a large area to the front of the property which measures around 45 Metres x 6 Metres which offers parking for approximately 20 vehicles. The business is just a short distance from the town centre. The area is well linked by the A50 and M6 making the business easily accessible.

REASON FOR SALE

Due to our clients other business interests the business is offered for sale and therefore, presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure (FRI) lease, this is the most common form of commercial lease. A new ten year lease will be negotiated with out client upon purchase of the business at a rent of £170 per week. (Our client is open to negotiate the lease length if a buyer should want it to be longer or shorter).

BUILDING LAYOUT AND DESIGN

Wilks MOT Centre operates from a large single storey building based with in the heart of a densely populated residential area. Inside, the main garage offers two ramps and a pit. There is also a large office space with two desks along with a customer waiting area.

STAFF

The business operates with our client and two other members of staff both working on a full time basis.

FINANCIAL DETAILS

Wilks MOT Centre has traded solidly since opening and our client has maintained a loyal, repeat customer base. We are advised the business has an annual turnover of £50,000. Full financial information can be made available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities as to the rates payable.

SUMMARY

This is a well established business with a superb reputation and large customer base. There is plenty of scope to develop the business further with the recruitment of more staff to allow the new owner to accept additional workstream along with a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build on the impressive trading foundations already in place. Early viewings are strongly advised. Fixtures:
MOT Tools & Equipment

Ramp x 2

Pit
Trading hours:
MON - FRI: 09:30 - 18:00 SAT & SUN: CLOSED
Tenure:
Leasehold
Location Details:
Stoke-on-Trent
Leasehold Term:
£170 Per Week
Listed by:
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