CONFIDENTIAL
FOR SALE
646811
TO LET
North London MOT station shortly available to let. Class 4,5 and 7 approved.
We are pleased to present an exceptional opportunity to acquire a highly regarded MOT station in North London, soon to be available for lease. This established business has been serving the community for over 40 years and is approved for Class 4, 5, and 7 vehicle testing. The owners have nurtured this venture for 30 years and are now offering it for sale as they plan for retirement.
One of the key advantages of this MOT station is its prime location, which benefits from nearby amenities, including shops, restaurants, and public services that attract a steady flow of customers. With little competition in the area, particularly for Class 5 and 7 testing, this business presents a unique opportunity to capture and expand a loyal clientele.
The MOT station is well-equipped and includes all necessary fixtures and fittings, making it a walk-in-ready operation for new owners. With a well-presented premises and a history of profitability, this business model offers significant potential for growth. Notably, there has been an increase in turnover in previous years, and while this trend has slowed recently, the strong foundation remains in place for future enhancement.
This opportunity includes commercial premises featuring an office, inviting a seamless transition for the next owner. The company is currently staffed by two dedicated employees, contributing to its successful operation. Viewing appointments are available upon request, and arrangements can be made through the agents for those interested in exploring this promising venture. Long lease available. Rent £46,800 a year
Key Features
This is an extraordinary chance to step into a longstanding and successful business in a thriving area. Don't miss the opportunity to capitalise on the successful legacy of this MOT station.
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 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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