Mot Centre And Garage Services In Redcar Cleveland | | Redcar Cleveland | | Garage, Redcar, Redcar and Cleveland T/O: £250,000 GP: 40% Town centre location Well-equipped Loyal customer base Huge scope | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67173
ADVERT IMPRESSIONS : 15,580 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £274,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Wonderwheels@TheMoTCentre occupies substantial 2-storey corner premises, ideally located in the seaside resort of Redcar, Redcar and Cleveland. The premises boast a prominent trading position in a sought after area on the outskirts of the town centre. There is a high footfall and much passing trade from the busy A1085. There are excellent public transport links in the area, with numerous bus stops and the railway station within easy walking distance. The business is situated close to Cleveland Golf Club and the famous Redcar Racecourse. The business boasts easy access to the A-road network and the A1(M) is approximately 28 miles away. Redcar is a popular seaside resort, and is an ideal base to explore the North York Moors National Park. We have been advised that the town is currently undergoing a £75m refurbishment, which should further increase turnover. Middlesbrough lies 9 miles to the west, while Sunderland is 36 miles to the north.
Business History
Preferred Commercial is delighted to offer for sale this thriving MoT testing station and vehicle repair business, which was established by our client in 2004 and which is only now offered to the market due to our client's wish to retire. The business trades 5½ days a week and generates a turnover in the region of £250,000 per annum with a gross profit of 40%. The MoT Centre offers a wide range of services including MoT testing, servicing and repairs of light vehicles, diagnostic tests, alloy wheels refurbishment, powder coating and a recovery service. We feel the turnover could be increased by introducing motorcycle testing and repairs. There is also the potential to establish a website and perhaps offer a valeting service. The business enjoys much repeat trade and is renowned for providing high quality services. There is a large yard to the rear with space for up to 20 vehicles, which could be utilised for car sales. To the first floor there are 2 offices, which are currently not used but could be let out. This is an ideal opportunity to acquire an already thriving MoT testing and vehicle repair business with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £250,000 approx.
GP: 40%
Opening Hours
Mon - Fri: 8:30am to 5:00pm
Sat: 9:00am to 12:30pm
Sun: Closed
Accommodation Details
Substantial 2-storey garage premises on the outskirts of the town centre. Briefly comprising:
Ground Floor
• Reception to MoT area
• Workshop with MoT bay, service area, 2 post ramp, inspection pit and shelving
• Parts room with 2 x compressors
• Bay which is not currently used
• Canteen
• 2 x WCs with wash hand basins
• Wheel refurbishment and powder coating area with 2 metre oven, 2 metre spray booth, sand basting cabinet, acid tank, tyre changing and wheel balancing equipment
First Floor
• 2 x offices currently unused
External
• Separate car park
• To the rear is a large yard with separate access and space for up to 20 vehicles
Tenure
Leasehold
Original length:10 years
Remaining: 6 years
Review: every 2 years
Rent: £330 per week | | | | | | FOR SALE | | | | | REFERENCE: | 2631 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
