Profitable MOT, Service & Repair Garage in Middlesbrough, Freehold - 9,478ft², Prime Location
Middlesbrough, North Yorkshire
- Status
FOR SALE
- Date Submitted:
17/01/23
- Advert ID
506463
- Reference
5851 / Rightbiz
- Call Agent:
- Freehold: £445,000 (Stock at valuation)
- Turnover: £330,000 (£6,346 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Accounts Available
- Unique Business
- Fully Fitted
- Town Centre location
- Close to Local Amenities
- Established Business
- With Car Park
- Large Business for Sale
- Retirement Sale
- Attractive Business
Business Details
MOT, Service & Repair Garage (Freehold), Middlesbrough
Key Features
- MOT, service and repair garage
- 6 months sales £164,650
- Ground floor area 9,478ft²
- Rare freehold opportunity
- Established since 2000
- Genuine retirement sale
Location
The premises is located within the densely populated residential area of South Bank within a suburb to the east of Middlesbrough, a town in the North East of England. Local transport links include close proximity to the A66 linking to the main A19 road.
The Business
This is a well established MOT service station, repair garage operating since 2000 with a full team of mechanics providing reliable and efficient testing, car repairs and servicing to customers throughout Middlesbrough and surrounding areas in the north east of England. Operating from freehold premises and fully equipped with all the necessary tools, equipment and service bays to cope with customer demand for a good solid profitable business.
The majority of the income is generated from services provided within the main workshop which is operated by the owner and staff. Secondary rental income generated from the additional workshop and body shop within the premises. The second workshop has a verbal rental agreement with a mobile mechanic with an annual rental income of £5,200. The body shop has a verbal rental agreement with an annual rental income of £4,560.
Rateable Value: £6,100 Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay
Premises
Ground floor premises incorporating workshops and body spray rooms with internal access to additional rooms and furnished office on the first floor.
Business Premises Measurements
Ground Floor
Workshop 320m² (3,443ft²)
First Floor
Offices – 26m² (280ft²)
Store – 41m² (443ft²)
Mezzanine – 50m² (544ft²)
Ground Floor (Mobile Mechanic)
Offices – 61m² (657ft²)
Workshop – 185m² (1,944ft²)
Ground Floor (Auto Spray Shop)
Workshop 88m² (951ft²)
Reception 4.72m² (51ft²)
Totat 880m² (9,478ft²)
Trading Hours
Monday to Friday 8:00am – 5:00pm
Saturday 8:00am – 12:00pm
Sunday Closed
Employees
TUPE rules apply to all 6 employees within the business
Property Type
MOT Service Station
Tenure
Freehold only
Reason for Sale
The business has been under the ownership of our client since 2000 with the sale opportunity is due to retirement.
Disclaimer Notice
The financial information shown has been provided to us by the vendor of the business. Any interested parties should make the relevant enquires to satisfy themselves as to the accuracy of this information as we cannot provide any warranty as to its accuracy. See our disclaimer page for more details..
Viewings
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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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.'.
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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.
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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