Vehicle Servicing And Repairs Business In Harlow Essex | | Harlow Essex | | Garage Services/MoT testing Harlow, Essex T/O: £260,000 GP: £53% Spacious and well equipped workshops Enviable reputation Ideally located | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70477
ADVERT IMPRESSIONS : 20,695 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | FREEHOLD: | £535,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
D2 Vehicle Services Ltd is ideally located on a popular industrial estate on the outskirts of Harlow in Essex. The industrial estate lies just off the busy A1169 and is surrounded by a densely populated residential area. The business benefits from ample car parking and lies close to a busy bus route. Harlow is a new town located in the west of Essex on the border of Hertfordshire. The town boasts a wealth of amenities including schools, hospitals, 2 railway stations, shopping centres and a thriving nightlife. The area is easily accessed with junction 7 of the M11 motorway just 3.5 miles away. London lies approximately 20 miles to the south, making the area popular with commuters.
Business History
Preferred Commercial is delighted to offer for sale this popular vehicle servicing, repairs and MoT testing station, which was established by our clients in 2003 and which is only now being placed on the market due to their other business interests. The business occupies two substantial units with a wealth of up-to-date equipment including an automated testing lane. The business operates 6 days a week and generates a turnover in the region of £260,000 per annum with a gross profit of 53%. A new owner could increase turnover by fully utilising the 22,000 square foot premises. The business boasts an enviable reputation and a loyal customer base with much repeat custom. We are advised that the first floor office is let to a complementary business, which brings in additional trade and paying a rent in the region of £20,000 per annum. The property also benefits from a large secure parking forecourt to the front. We feel that this represents an ideal opportunity to acquire a thriving garage services and MoT station business, which is offered on a freehold or leasehold basis. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £260,000 approx.
GP: 53%
Opening Hours
Mon - Fri: 8.00am - 5.30pm
Sat: 8.30am - 12.30pm
Sun: Closed
Accommodation Details
2 substantial units extending to 22,000 square feet. Briefly comprising:
Ground Floor
• Double garage units with security roller doors, automated testing lane for Mots, 3 x 2-post ramps, welding equipment, diagnostic equipment, tyre changing and balancing machines, compressor and hydraulic equipment - much of the equipment has been purchased since 2009 and is of a high specification
• Reception area
• Office
• 4 x WCs
• 2 x store rooms
First Floor
• Office - currently rented out
• Store room
External
• Gated yard and parking area to front
• Land in front of gates for additional parking
Tenure
Advised freehold
Leasehold option available at £175,000 + SAV | | | | | | FOR SALE | | | | | REFERENCE: | 2867 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
