FOR SALE
06/04/23
511318
C6851/45 / Rightbiz
Busy Multi-Function Garage - MOT’s (Class 4 & 7) / Repairs / Tyres / Online Sales / Diesel Pump & Injector Specialists
Fully Equipped – All Included – Genuine Scope
Reading / Loverock Rd
View only by strict prior appointment through Messrs A H Lansley
Well Established, lucrative garage with 3 very lucrative income streams –
1) MOT Station (Class 4 & Class 7) – minimum 12 MOT’s per day including repairs, Tyres and E-bay online shop.
2) Diesel Specialists – Diesel Pump diagnostics and repairs plus Diesel Injector testing and repair. More than 500 injectors currently in stock plus well known nationally as a provider of these services. Fully Equipped.
The purpose-built premises – Vendor has added a large mezzanine floor with 5 large rooms – are held on a 10 year lease dated 1st March 2022 (with circa. 9 years remaining) at a rent of £3,000 per month (£36,000 per annum) exclusive of rates and subject to 5-year reviews. Rent Deposit - £5,000.
Rateable Value - £23,750 EPC – E-124
The Site comprises:-
Ground Floor:-Office (circa. 30’1’’ x 19’4’’ – 575sq.ft / 54m²), with counter, storage space for E-bay products (circa.£30,000 stock incl.), customer toilet with handwash basin.
Staff Room (circa. 13’10’’ x 9’1’’ – 125sq.ft / 12M²) – Staff toilet, kitchenette, hand wash basin & changing area.
Main Workshop (circa. 32’10’’ x 30’8’’ – 1000sq.ft / 93m²) 2 x two post ramps
Tyre Garage (circa.47’11’’ x 14’4’’ – 685sq.ft / 64m²) – Tyre machine and 1 x two post ramp.
Diesel Pump Room (circa 17’11’’ x 13’ – 233sq.ft / 22m²)
First Floor/Mezzanine:-
Office with kitchenette, shower room and toilet (circa. 15.8’’ x 13’6’’ – 210sq.ft / 20m²)
Room (circa. 13’6’’ x 11’4’’ – 151sq.ft / 14m²)
Cleaning Room (circa.15’11’’ x 13’11’’ – 220sq.ft / 20m²)
Storage Room (circa.16’ x 11’9’’ – 185sq.ft / 18m²)
Diesel Injector Room (circa. 13’9’’ x 8’9’’ – 120sq.ft / 11m²) – Diesel Pump & injectors testing equipment
Extra Room 1 (circa.14’4’’ x 10’9’’ – 151sq.ft / 14m²)
Extra Room 2 (circa.14’5’’ x 10’9’’ – 154sq.ft /14m²)
The current owner has been in occupation for approx. 8 years and has been running the very successful company – ‘V-Speed Ltd’ since 2011. Now for sale as the vendor operates another garage and is finding it difficult to run both to their potential.
Trading income figures on application.
Considered scope under new management with the required expertise and who know how to push this business forward.
Run by working owner 4 full time staff members (two who are MOT testers one of whom is also an examiner) and a receptionist.
All Equipment, stock and products included in sale (viewing highly recommended to appreciate the large value):- 3 x two post ramps, 3 x high quality diagnostic tester machines, compressors, tyre machine, welder, axle stands, racks, benches, 2 x aircon machines, 2 x diesel pump test bench’s, turbo charger balance machine, parts washer, sand blaster….and much more…
Price required for goodwill, lease, tenant’s fittings, fixtures, plant, stock & equipment:-
£199,950
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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