Garage/MOT Centre near Cardiff, 25+ Years, 9-Vehicle Parking, Strong £320K Sales
Undisclosed, Cardiff
- Status
FOR SALE
- Advert ID
513638
- Reference
M35632J / Rightbiz
- Call Agent:
- Leasehold: £90,000 (Stock at valuation)
- Rent: £25,000 (£2,083 per month)
- Turnover: £271,622 (£5,224 per week)
- Profit: On request
Key Features
- Price Reduced
- Open Plan Trading Area
- Close to Local Amenities
- Potential for Alternative Use
Business Details
SPACIOUS GARAGE MOT CENTRE OPPORTUNITY, CARDIFF NORTH
Key Features:
- CARDIFF AREA GARAGE/MOT CENTRE
- LONG ESTABLISHED & HIGHLY RESPECTED BUSINESS
- STRONG SALES AND WITH FURTHER POTENTIAL
- SPACIOUS PREMISES IN BUSY LOCATION
- GOOD LEASE WITH SENSIBLE RENT
- GREAT OPPORTUNITY, HIGHLY RECOMMENDED!
- MUST BE SEEN TO BE FULLY APPRECIATED!
Established over 27 years this Garage/MOT business is situated upon a very busy, well known trading estate, close to the M4 motorway and only 20 minutes appx drive north from Cardiff city centre.
The premises provides spacious main trading/workshop areas, good office space with a further mezzanine floor level, plus external parking facilities for appx 9 vehicles.
Run by just our vendor & his wife, with the help of 1 fitter (self employed, used as and when required), the business currently achieves good sales of circa £271,622 p.a (Year to March 25) and we also have many previous years' accounts on file that show the business easily operated at much higher sales levels (£350k p.a).
A good 10 year renewable lease from Feb 2023 is also in place with sensible rent.
Only coming to the market for sale due to family health reasons/wish to retire, this a superb opportunity and one which we therefore recommend earliest viewing and consideration!
EPC Rating: n/a
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01633 868609.
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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.
Be safe, use a Rightbiz Solicitor
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