Vehicle Repair for sale

View the "MOTOR CAR SERVICE / REPAIR WORKSHOPS / MOT’S (CLASS 4)- APPROX. 3,997SQ.FT. - 371M2 OVERALL - PROMINENT MAIN ROAD LOCATION - READING, BERKS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

MOTOR CAR SERVICE / REPAIR WORKSHOPS / MOT’S (CLASS 4)- APPROX. 3,997SQ.FT. - 371M2 OVERALL - PROMINENT MAIN ROAD LOCATION - READING, BERKS

  • Leasehold Price: £75,000
  • Annual Turnover: £233,000
Seller Reference: C.6834
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Business Description
 
 
 
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Seller Reference: C.6834
Request Details
Business Description
MOTOR CAR SERVICE / REPAIR WORKSHOPS / MOT’S (CLASS 4)- APPROX. 3,997SQ.FT. - 371M2 OVERALL - PROMINENT MAIN ROAD LOCATION - READING, BERKS

Well Established Motor Car Service / Workshops / MOT’s (Class 4) well located on busy road in industrial district of Reading, Berks.

The purpose built premises are held on a lease which the Landlord has offered to renew for a term of 5-10 years at a rent of £36,000 per annum (5 year reviews).

Main Workshop (approx. 2,760sq.ft. - 267.63m2 - 14’6” entrance height - well equipped). Office / Reception (approx. 315sq.ft. - 29.34m2). Storeroom (approx. 460sq.ft. - 42.76m2).
Small Kitchen. Cloakroom.

Outside:- External parking for up to 10 cars with potential to extend (subject to Planning Consent).

Excellent opportunity for a younger owner to take over an established business with clientele base on which they can expand.

Accounts for the year ended 30th June 2018 show Sales of £233,014.

The business is currently operating a five day week and is run by two working partners (limited by health restrictions) together with one part time mechanic as required). Ample work space for more employees and obvious potential for weekend trading.

Price required for goodwill, tenants’ fittings, fixtures, utensils & equipment:- £75,000 STOCK (OILS / ACCESSORIES) EXTRA AT VALUATION

N.B. The business will be sold as a Transfer of Shares in a Private Limited Company
Tenure:
Leasehold
Location Details:
Well located on busy road in industrial district of Reading, Berks.
Leasehold Term:
The purpose built premises are held on a lease which the Landlord has offered to renew for a term of 5-10 years at a rent of £36,000 per annum
Listed by:
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