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(REF: 9762LN)  Freehold Profitable MOT Garage with Three Bed House
 
Seller Reference: 9762LN
B4S Reference: 19335
Asking Price: £475,000
Net Profit: £59,600
Sales Revenue: £188,500
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Undisclosed, Lincolnshire, United Kingdom
  Business Summary   
  HISTORY

• There has been a garage on this site for over 30 years.
• The business has been in the caring hands of its present owners for 5 years.

REASON FOR SALE

• Family reasons that require the owners to move back to the South coast force this genuine sale.

SERVICES

• All mechanical work – domestic vehicles as well as commercial
• MOT classes 4 + 5b + 7 (approx 20 per week)
• Tyre replacement and wheel balancing
• Some bodywork / sub frame welding
• Diagnostics
• Garage issues 60 to 100 MOT reminders per month
• Second hand car sales

CUSTOMERS

• Data base of thousands of customers
• Mainly local and up to a 5 mile radius
• Many summer time visitors, due to caravan camp sites in the area
• Elements of commercial work undertaken

STOCK

• Minimal due to daily ordering.
• Deliveries from main agents and Unipart.

STRENGTHS

• Excellent local reputation – returning customers
• High turnover of MOTs
• Flexible to attempt majority of jobs required
• Domestic and commercial vehicle repairs
• Beautiful 3 bed house for family
• Fully equipped – no immediate expense required
• Climbing turnover over past years







DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

  Property Information   
  Property: Freehold
 
  Lease Terms: TENURE: Freehold

We are advised that the annual business rates are currently: £1,405

 
  Living Accommodation: Yes
 
  Details of Accommodation: The garage is situated at the rear of the 3 bedroom house and comprises:
• 2 work shops on a 0.233 acre site. Both buildings are circa 300 sq mtrs in total
• Building 1 houses the MOT facility and office mezzanine
• Building 2 has a large pit and is extra tall for commercial vehicles

Equipment in garage:
• 2 post ramp and pit
• 4 post lift with MOT test set up
• Rolling road
• Diagnostics
• Tyre machine and wheel balance
• Wash units
• Hoist and second pit

Two storey detached house:
• Side lobby main door
• Downstairs shower room and w/c
• Large front room at present a play room
• Very large lounge
• Rear dining room with French windows to garden
• Open plan kitchen – beautifully fitted with breakfast bar

Second Floor:
• 2 double bedrooms with bay windows
• 1 single bedroom
• Bathroom with w/c

External:
• To the rear – secure, fenced off garden and patio
• Front garden, paved to roadway
• Wide driveway to the right hand of the house leading to garage
 
  Location: • Located on a main road by village butchers and 2 pubs
• Central to a large village with 2 schools
• North Lincolnshire - Louth area
  Growth Potential   
  • Ideal family business for ‘mature’ young fully trained mechanic with family – village has 2 schools
  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   
  Mon to Fri: 8am to 6pm
Sat: 8am to 12pm
  Summary of Staffing   
  • Two full time
• 2 part time
• 1 apprentice





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