Splendid Garage and MOT Testing Station For Sale Fleet, Hampshire, United Kingdom Advert ref: M387SC Business description
The garage undertakes Mot testing, servicing, mechanical repairs and offers emergency recovery. The services are all performed by knowledgeable and highly competent staff.
The property benefits by having a large forecourt which is able to accommodate 14 cars & To the rear of the premises is a gated yard which is able to hold 20 cars.The workshop is approx.2500sq.ft
The garage has limited competition with only a handful of garages locally and only a couple these having MOT testing facilities. Thus, there is a great opportunity to expand the business and increase the profitability of this wonderful garage. The business premises could also be further utilised by a new owner by using the forecourt for car sales. With such substantial premises it may also be rather lucrative to invest further into the business and introduce body repairs
Turnover over £7000 pw at 63% GP..
A splendid business with outstanding scope, early viewing highly recommended(M387SC)
Years established: Nearly 30 years
Property: Leasehold
Lease terms
12 year lease, 4 yearly rent reviews and a rent of £19,000pa
Location
Situated in an affluent and desirable area of Hampshire close to the Surrey border, with several towns nearby & occupying a prominent position on a main road.
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| | Financial details Asking price: £160,000
Sales revenue: £322,000
Net profit: £76,000
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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