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Undisclosed, Essex
Leasehold Price:
Advert ID
A6033E / Rightbiz

MOT STATION (CLASS 4), SERVICING, REPAIRS, TYRES & EXHAUSTS operating from a LIGHT INDUSTRIAL PREMISES measuring approximately 3,978 SQ. FT. and located on a RESIDENTIAL ROAD that is in a NORTH ESSEX TOWN CENTRE. The business, which has been ESTABLISHED SINCE 1952 and has operated under the SAME OWNERSHIP FOR 18 YEARS, is brought to market with a GENUINE REASON FOR SALE. Turnover on the latest set of accounts show £321,407 NET SALES with a HIGH GROSS PROFIT MARGIN OF 59% that yields ADJUSTED NET PROFITS IN EXCESS OF £62,500. A new secure lease is available at £20,000 per annum exclusive and we are advised business rates payable are £4,582 per annum. EARLY VIEWING ADVISED.

Listing Details
Leasehold Price: £125,000
Tenure: Leasehold
Location: Undisclosed, Essex
Sector: Mot Businesses, Garage Businesses
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
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Advert Reference: A6033E / Rightbiz

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