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London - Mot And Motor Repair Business For Sale

London
Asking Price:
£1,300,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Highly Profitable
Annual Turnover Of Over £300,000
Limited Competition
Affluent Area - Competitive Rent
Exceptional Reputation
EPC - G

Blacks Brokers are pleased to bring to the market this long established, successful and profitable MOT, servicing and repair motor business in London.

Loftus Motors Ltd has been trading here on Loftus Road in London for over 40 years, with our client taking ownership 7 years ago, already the owner of another similar business in another area. The business is located in an affluent area of London, with over 1,000 residential homes close by and a large customer base already established, there is limited competition close by and the business boasts a 24 hour MOT licence. The business is only offered for sale, sadly, due to health reasons, with our client looking to travel and relax a little. This opens up an incredible opportunity for a new owner to really benefit from the incredible reputation and customer base established already.

The affluent area that this business is located within is close to the football stadium and the premises has private parking to the rear, an electric shutter, camera alarm system and clear signage and branding on display to the front. Inside, the huge space is made up of 4 separate units that have been made into one. There is a spacious, square garage with 3 bays, 1 ramp, a tyre machine and balancing equipment. The workshop area is well presented. In addition to this area, there is a customer service office and an additional office upstairs, these are also spacious and well equipped.

This business is currently bringing an annual turnover of over £300,00 per annum with exceptionally low rent for this area of only £1,600 per calendar month, making this an exciting investment for the right owner. There is much scope for expansion with the addition of Sunday opening and a strong marketing drive both online and in the local area, which would boost takings even further. Viewings are highly recommended as soon as possible to appreciate this excellent opportunity.

Property information

Property:

Leasehold

Business Operation

Trading hours:

MON-FRI: 8:30-18:30
SAT: 8:30-13:30
SUN: CLOSED

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