Vehicle Repair for sale in Plymouth

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Plymouth HiQ Tyre & Autocare business with MOT Station

Plymouth, Devon, England

  • Leasehold Price: £169,999
  • Annual Turnover: £280,000
Seller Reference: 1334
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Business Description
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Seller Reference: 1334
Request Details
Business Description
• Plymouth Tyre & Autocare business with MOT Station
• HiQ Member
• Well fitted workshops
• Ideal trading position with ample customer parking
• Busy Mot Centre
• Business offers servicing and repairs to all makes of cars
• Valuable inventory of well-maintained equipment
• Excellent local reputation with ever growing client base
• Lots of further potential
• Excellent turnover and profits

Falcon Commercial is delighted to offer for sale this long established and highly regarded Tyre & MOT Centre offering vehicle servicing and repairs which has been under the proud ownership of our clients since 2008. It is now reluctantly being offered to the market as the owners are in the process of retiring.

Operating from a substantial and well-maintained site, the business is proud to offer a wide range of tyres along with skilled repairs to all makes of cars and light commercial vehicles. These are carried out by highly trained technicians using latest repair methods with approved equipment and materials.

Due to its location and reputation this thriving business provides its services for a long-standing and still-expanding repeat and referral client base drawn from throughout a wide surrounding catchment area.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.

Premises Details
Affording easy vehicle access by means of full-height industrial doors, substantial and extremely well fitted commercial premises provide excellent and highly functional internal business accommodation which briefly comprises:

Main Workshop
• Well-equipped workshop with 6 bays, one of which is used exclusively for MOT’s and two of which are sub-let at a rate of £3,500 each per year.
• MOT Viewing area
• Reception area
• Managers office
• Customer toilets

• Good sized shared yard with ample parking for 11 vehicles

Business Details

Opening Hours
• Monday – Friday 8.00am – 5.30pm
• Saturday – 8.00am – 12.30pm
• Sunday - Closed

Staff – the business is run by the proprietors with help from a dedicated team of staff

Tenure – We are advised that the business comes with the benefit of a secure 10 year lease of which there are 7 years remaining. The current rent payable is £36,0000
Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website:

£280,000 Per year.

Accounts will be provided to genuine purchasers after a formal viewing

Business Rates
Current Business Rates payable: £2850
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website

Membership/Franchise Fee
The HiQ Membership/Franchise Fee is £350 per month

Legal Costs
Each party to bear their own legal costs incurred in the transaction

For further information, you should make your own enquiries to Plymouth City Council, Ballard House, West Hoe Road Plymouth PL1 3BJ

EPC Rating - EPC Rating: TBC

Strictly by appointment with the vendor's agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081

Agents Note
Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thankyou

Location Details:
Plymouth has seen some massive changes over the last few years and presents itself as a thriving shopping and dining mecca, with a £27m budget to further improve over the next 5 years. There are many tourist attractions in and around Plymouth to include; various museum and art galleries, the National Marine Aquarium and various boat trips to Mount Batten, Drakes Island and nearby points of interest. Communication links to the city are excellent, with the A38 Devon Expressway providing dual car
Leasehold Term:
We are advised that the business comes with the benefit of a secure 10 year lease of which there are 7 years remaining. The current rent payable is £36,0000
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