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60-Year Established MOT Station Leasehold in Easington, North Yorkshire with E-commerce Site

Easington, North Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    30/03/22

  • Advert ID

    293027

  • Leasehold: £75,000 (Stock at valuation)
  • Rent: £12,000
  • Turnover: On request
  • Net Profit: £27,000

Key Features

  • Accounts Available
  • Established Business
  • Prime Location
  • Attractive Business

Business Details

MOT STATION LEASEHOLD

MOT station leasehold for sale 

The MOT station is a long-established (over 60 years) highly reputed business. There is a freehold and leasehold option. There is scope for further development. We have regular, repeat, and new trade. 

We have a fully functional e-commerce website. There is a large self-contained yard area. The MOT garage business benefits from having passing trade daily. The reason is that it is on the busy coastal main road A174 between Whitby and Middlesbrough. 

There is a very high repeat customer turnover due to having a high rated reputation. It also benefits from being the only MOT Garage in the immediate vicinity. The MOT station's VTS RAG rating is GREEN.

The business premises consist of an office, a customer waiting room with a coffee machine and WC and a large workshop of approximately 120 sqm. There is a self-contained yard with the capacity to hold 15 vehicles.

There is a fully equipped office that has Dragon customer service management software which contains customer service records etc.

The workshop contains the following equipment included in the sale:-

  • 3 x Workshop Bays for Class 4
  • Tecalemit 3t four-post lift
  • Tecalemit Puma 3.5t Scissor Lift
  • Tecalemit Brake Rollers
  • Tecalemit Headlight Aligner
  • Tecalemit Wheel Balancer
  • Tecalemit Tyre Machine
  • Tecalemit Wheel Alignment equipment
  • Snap-On gas analyser
  • New air conditioning machines for both gases.
  • New diagnostic equipment with free updates.
  • Other smaller equipment/tools may also be included.

There are several areas to grow the business:-

  1. Increase the opening hours
  2. Increase onsite signage and advertising. It can help target existing customers, car wash customers and passing trade from the busy main road.
  3. Staff could be added to cope with the existing workload and services that are currently not. There is scope to introduce engine work, cylinder head repairs, Cambelts, timing chains, gearbox repairs, air con repairs, ECU programming, key programming and remaps etc.
  4. An additional lift can be added to take on the work we are currently turning away.

The garage and mot station will be sold as leasehold. There may be an option to buy the whole site freehold also in the future. There is also a possible option to lease/rent the car sales forecourt, which will hold 15 to 18 cars.

There is a genuine reason for the sale. I am looking to pursue other business interests.

For more information, please contact me.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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