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Versatile Garage Business in Reading - MOTs, Repairs, Tyres, Online Sales, Diesel Services & More

Reading, Berkshire
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Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 1
Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 2
Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 3
Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 4
Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 5
Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 6
Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 7
Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 8
Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors Photo 9
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Multi-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & InjectorsMulti-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & InjectorsMulti-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & InjectorsMulti-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & InjectorsMulti-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & InjectorsMulti-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & InjectorsMulti-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & InjectorsMulti-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & InjectorsMulti-Function Garage Business - MOT's / Repairs / Tyres / Online Sales / Diesel Pump & Injectors
  • Status

    FOR SALE

  • Date Submitted:

    06/04/23

  • Advert ID

    511318

  • Reference

    C6851/45 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £199,950
  • Rent: £36,000
  • Turnover: N/A
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Attractive Business
  • Unique Business
  • Price Reduced
  • Established Business

Business Details

Multi Function Garage Business MOT's Repairs Tyres Online Sales Diesel Pump & Injectors

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 

Read more

Contact Agent

Energy Performance Certificate (EPC)

Contact the seller for more details, or book a viewing

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.

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

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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.

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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.

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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.

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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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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The data showed regarding this advert 'Multi Function Garage Business MOT's Repairs Tyres Online Sales Diesel Pump & Injectors - C6851/45 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.