MoT Testing Repair And Servicing Business In Hampshire For Sale

Business description

Preferred Commercial is pleased to offer for sale this popular MoT testing station, repair and servicing business, which was established by our client in 1999 and which is only now being placed on the market due to our client's wish to retire. The business trades 6-days per week, generating a turnover in the region of £128,000 per annum with a gross profit of 55%, derived from general garage services and MoT testing. We feel that turnover could be increased by embarking on a modest marketing campaign and perhaps the introduction of a website. The business also services motorbikes and restores cars. The garage occupies spacious industrial premises, which are well-equipped to suit the trade and maintained to a high standard throughout. Our client has developed an excellent reputation and a loyal customer base by offering competitive rates and a friendly and reliable service. New business also comes from word of mouth recommendation. This is an ideal opportunity to acquire a popular MoT testing station, repair and servicing business, which is well-equipped and in a walk-in-and-trade condition, with scope to develop further. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 11 years
Remaining lease length: 6 years
Rent review: 3 years

Leasehold rent:

£10,500 per annum

Location:

T & D Motor Services occupies ground floor lock-up industrial premises, ideally located on a popular trading estate in Waterlooville, Hampshire. The garage is surrounded by a good mixture of businesses, from which it draws much trade. The business benefits from ample parking and there are a variety of shops and amenities nearby, while the town centre lies a short distance away. Waterlooville is a popular town having excellent transport links to London, Brighton and Bournemouth. The business boasts easy access to the A-road network and junction 3 of the A3(M) lies less than 2 miles away, while historic Portsmouth lies approximately 7 miles away.

Premises details:

Large industrial unit with a spacious workshop, MoT bay and comprehensive CCTV system, situated in a prime location. Briefly comprising:

Ground Floor
• Workshop with MoT bay, 2 x 4-post ramps, diagnostic equipment, oil tank, welder and compressor
• Reception/office with MoT viewing area
• Staffroom with tea and coffee making facilities

External
• Ample customer parking

Business Operation

Trading hours:

Mon - Fri: 9.00am - 5.30pm
Sat: 9.00am - 1.00pm
Sun: Closed