Excellent Leasehold Mot Service & Repair Garage | | Birmingham West Midlands | | EXCELLENT LEASEHOLD MOT SERVICE & REPAIR GARAGE - WEST MIDLANDS Advised annual turnover of £125,000 with good GP returns MOT class 4, 2 additional ramps, large internal work area | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65490
ADVERT IMPRESSIONS : 25,621 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £120,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT LEASEHOLD MOT SERVICE & REPAIR GARAGE - WEST MIDLANDS
Advised annual turnover of £125,000 with good GP returns
MOT class 4, 2 additional ramps, large internal work area
High passing trade location in Stirchley, Birmingham
Sale price includes all general fixtures and fittings
Early interest and viewing is highly recommended
Solid trading history since 1998
Genuine reason for sale
LEASEHOLD
Location
This superb leasehold MOT service and repair garage has an ideal trading location situated in Stirchley which is in Birmingham. The business stands proud on Pershore Road which is a main access through road linking Birmingham city centre with many southern towns and villages. Pershore Road arguably has one of the highest amounts of commuter traffic throughout the city. There is a good variety of neighbouring shops, retailers, gyms and public transport services coupled with being a densely populated residential area. These all contribute to a very large and consistent local customer base which provide the garage with trade throughout the year. The business is located only a few miles away from Birmingham city centre with attractions which include The National Indoor Arena, The Bull Ring, Selfridges and The Mail Box. Further attractions include The National Sealife Centre, The ICC, Symphony Hall and world-renowned theatres. The business also benefits from having the M5, M6, M40 and M42 all within 8 miles or less which makes visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this superb leasehold MOT service and repair garage which has a proud history dating back to 1998. Since 2007 it has been owned and run by our clients who are only now placing it onto the market due to their desires for semi retirement. The business achieves a respectable advised annual turnover of £125,000 which is derived from providing class 4 MOT testing coupled with service and repair facilities. Our clients have worked exceptionally hard to build the businesses reputation which has resulted in a consistently trading business with a solid local reputation. Our clients are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal large garage facility situated in a highly desirable commercial area. We would like to urge very early interest in this opportunity as garages of this calibre with such a high amount of passing trade rarely appear onto the market.
Financial Profile
Turnover: £125,000pa
Stock approximately: £1,000
Tenure
Leasehold
Original length: 3 years
Remaining: 2½ years
Rent: £16,800pa
Renewable lease after the 3 years.
Opening Hours
Monday: 8:00am - 5:30pm
Tuesday: 8:00am - 5:30pm
Wednesday: 8:00am - 5:30pm
Thursday: 8:00am - 5:30pm
Friday: 8:00am - 5:30pm
Saturday: 8:00am - 5:00pm
Sunday: Closed
Accommodation
Well presented large unit offering off road parking, large reception, staff room, secure lockable storage rooms, toilets, offices, large open plan high ceiling garage with side entrance, MOT testing station class 4, 2x 2 poster ramps, perimeters storage and work space.
Ground Floor
Highly visible font signs and secure front entrance leading to reception/welcoming area with customer seating/waiting area, desks and chairs, work area with computer systems and paperwork storage, MOT system desk and paperwork storage.
Staff room seating/dining space with drinks preparation area, 2 lockable storage rooms, office, toilet, office/sale room with 2 fitted safes and staff lockers and changing area.
Garage
Large open plan high ceiling facility with side entrance/roller shutter security entrance, MOT class 4 testing station, 2x 2 poster ramps, perimeter tool storage, large internal work space, several work benches and sections.
External
Front parking for 4 vehicles including MOT parking
Side shared access driveway to garage | | | | | | FOR SALE | | | | | REFERENCE: | 2685 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
