Essex MOT Site with Additional Rental Income Opportunities for Sale
Undisclosed, Essex
- Status
FOR SALE
- Advert ID
617141
- Reference
M5662 / Rightbiz
- Call Agent:
- Leasehold: £150,000
- Turnover: £65,000 (£1,250 Per week)
- Net Profit: Not Applicable
Business Details
Mot Site Plus Investment Income for Sale
WE ARE INFORMED by the owner the turnover currently averages £1,250 per week from MOTs only. FEATURES:RENTAL INCOME £73,200 per annum
MOT licence for Cars, Vans & Motor Cycles & Taxi's
The vendor operates a MOT garage from the site with 2 MOT bays. The vendor has the head lease on 7 units but rents 6 out providing a rental income of £73,200 per annum.
Secure gated yard with office, 6 Brick built industrial units with roller shutter doors and ample parking, CCTV system (5 cameras, 1 monitor)
Unit 1 & 2 Mechanic Garage rental income £3,500 p.m.
Unit 3 Spray Booth + 2 preperations garages (Unit 4 & 5) rental income £2,000 p.m
Unit 6 Steel unit used for tyres fitting rental income £500 p.m.
Port-cabin Toilet with w.c. and wash hand basin, connect to the mains. PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact Agent
Listing Statistics
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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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