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Enviable MOT & Motor Repair Business in London

City of London, London
Leasehold Price:
£900,000
Status
FOR SALE
Advert ID
181812
Reference
5238 / Rightbiz
    Ill Health Forces Sale

    Annual Turnover Of Over £300,000

    Limited Competition

    Parking For 4/5 Cars

    Exceptional Reputation

    EPC - G

Description:
Blacks Business Brokers are pleased to bring to the market this long established, successful and profitable MOT, servicing and repair motor business in London.Loftus Motors Ltd has been trading here on Loftus Road in London for over 40 years, with our client taking ownership in 2009. The business is located in an affluent area of Shepherd's Bush, London with over 1,000 residential homes close by and a large customer base already established, there is limited competition close by and the business boasts a 24 hour MOT licence. The business is only offered for sale, due to our clients ill health, opening up this incredible opportunity for a new owner to really benefit from the fantastic reputation and customer base already in place. Shepherd's Bush, London is located close to the Loftus Road Football Stadium home to the Queens Park Rangers Football Club. Loftus Motors has private parking to the rear for 4/5 cars, an electric shutter door, camera alarm system and clear signage and branding on display to the front. Inside, the huge space is made up of 4 separate units that have been made into one covering 150 square meters. There is a spacious, square garage with 3 bays, 1 ramp, a tyre machine and balancing equipment. The workshop area is well presented with space for up to 3 cars at once. In addition to this area, there is a customer service office and an additional office upstairs.This business is currently generating an annual turnover of over £300,00 per annum with exceptionally low rent for this area of only £369 per week, making this an exciting investment for the right owner. There is much scope for expansion with the addition of Sunday opening and a strong marketing drive both online and in the local area, which would boost takings even further. Viewings are highly recommended as soon as possible to appreciate this excellent opportunity.

Accomodation:
Square garage
Large workshop area
Office and upstairs office


Fixtures & Fittings:
1 Ramp
3 Computers
1 Tyre Machine
1 Balancer
Brake Tester
Emission Machine


Opening Hours:
MON-FRI: 8:30-18:30SAT: 8:30-13:30SUN: CLOSED


Weekly Rent:
£369 Per Week. Weekly Rent:
£369 Per Week.
Listing Details
Leasehold Price: £900,000
Tenure: Leasehold
Location: City of London, London
Sector: Mot Businesses
Financials
Annual Turnover: £300,000
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 5238 / Rightbiz
Energy Performance Certificate (EPC)
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Listing Statistics
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