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(REF: 1462)  MOT Station & Garage Services In Preston
 
Seller Reference: 1462
B4S Reference: 14040
Asking Price: £99,950
Net Profit: Undisclosed
Sales Revenue: £197,080
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Preston, Lancashire, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this thriving MoT station and garage services business, which has been in our client's hands since 1999 and is only now being offered to the market due to his ill health. The business generates a turnover in the region of £197,000 per annum with a gross profit of 79.3%. The business is currently being run at a pace to suit and concentrates on providing MoT tests, carrying out 4,500 tests in 2008 and a projected 6,000 in 2009. There is scope to increase turnover further by promoting the garage services and repairs side of the business. There is also the potential to increase the opening hours if so desired. The business boasts an enviable reputation with much repeat custom and is popular with taxis, motorbikes, motor homes and stretched limousines, due to the configuration and size of the work shop. The business has an MoT 'lane' enabling 4 tests to be carried out at any one time. We feel this represents an ideal opportunity for a new owner to acquire a popular business with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Leasehold
 
  Lease Terms: Leasehold
Original length: 10 years
Remaining: 9 years
Review: every 3 years
Rent: £13,000 per annum
 
  Current Rent: 13000
 
  Living Accommodation: No
 
  Details of Accommodation: Lock-up garage workshop premises of steel portal structure with full height roller shutter doors. Briefly comprising:

Ground Floor
Open-plan workshop area with concrete flooring, 1 x 4-post ramp, 2 x 2-post ramps, MoT testing bay and MoT testing 'lane', inspection pit and additional workshop area
• Office and reception with customer waiting area, service desk and coffee machine

First Floor
• Mezzanine storage
 
  Location: Frank Street Garage is ideally located within a busy industrial area approximately half a mile from the centre of Preston in Lancashire. The business is easily accessible being just off the main A6. The business boasts a wide frontage and ample car parking. Preston lies 6 miles from the M6 motorway, which connects to the rest of the north west motorway network.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Opening Hours
Mon - Fri: 8.00am - 5.30pm
Sat: 8.00am - 1.00pm
Sun: Closed





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