MOT Garages for sale in Lincoln

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Service station, MOT garage and family home

Lincoln, Lincolnshire, England

  • Freehold Price: £999,995
  • Annual Turnover: £2,300,000
Seller Reference: CB0507
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Business Description
 
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Seller Reference: CB0507
Request Details
Business Description
• Service station, MOT garage and family home
• Very well established – trading since 1930’s
• Home based business
• 25/30 vehicle forecourt display facility
• Genuine retirement reason for sale
• Sale price includes all fixtures and fittings
• MOT Class 1,2,3,4 & 7, service and repair
• T/O circa £2,300,000, circa 10% G/P returns

Location
This superb service station and MOT garage is situated in just under an acre of land and has a prime trading position on a very busy main through road in Lincolnshire. The location sees an extremely high volume of traffic on an hourly basis and is surrounded by residential homes and businesses which provide consistent trade for the business. In addition, the business is in close proximity to coastal tourist hotspots and the Lincolnshire Wolds.
Business
Chaplin Bond are delighted to be able to offer for sale this wonderful business opportunity, with a proud trading history dating back to the 1930’s, owned by our client circa 23 years and only being offered for sale because of their decision to retire. Offering typical garage forecourt facilities with retail shop, MOT, service and repairs, car sales and vehicle hire, the business achieves a very respectable T/O circa £2,300,000 with circa 10% G/P returns. The business premises are well equipped and presented throughout with all fixtures and fittings included in the sale price. In addition, there is a beautiful, largely extended 4/5-bedroom family home. This would make an ideal family business and lifestyle change opportunity and early interest is strongly recommended. Additional information is available from Chaplin Bond.

Business Points
• Situated in just under 1 acre
• 25/30 vehicle forecourt display
• 14 Nozel Fuel forecourt with canopy
• Fully fitted retail shop
• 3-bay MOT testing station Class 1,2,3,4 & 7
• 3 x additional ramps
• Ample office and storage facilities
• Family home includes:
4/5-double bedrooms (1 with en suite), private rear garden, lounge, dining room and games room, large conservatory, kitchen, utility room, family bathroom and fully boarded loft which could offer additional living space
• Ideal lifestyle change opportunity
• Early interest advised

Tenure:
Freehold
Is accommodation included?:
Yes
Number of bedrooms:
4
Location Details:
This superb service station and MOT garage is situated in just under an acre of land and has a prime trading position on a very busy main through road in Lincolnshire. The location sees an extremely high volume of traffic on an hourly basis and is surrounded by residential homes and businesses which provide consistent trade for the business. In addition, the business is in close proximity to coastal tourist hotspots and the Lincolnshire Wolds.
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