MOT Service Garage and Convenience Store For Sale

Business description

HIGHLIGHTS:

• Friendly Small Family Business
• Fuel Service Station
• MOT Garage
• Convenience Store
• Leasehold Garage

LOCATION:
The premises are located in a market town, situated in the West of Wiltshire close to Bath.

BUSINESS:
The business has been in existence for a number of years with the present owners holding the lease for the past two and a half years. The business has forecourt sales and a convenience store which with re-branding could increase the sales and through put.
The garage and service work provide the majority of the business earnings. There is also a large parts store with a moderate holding of stock. The MOT bay averages five cars per day over the year.

TRADE:
Turnover per annum £400,000

Average weekly takings figures:
Fuel - £2,000 a week
Shop - £600
£2,500 - Workshop labour
£2,500 - Workshop parts

Please note that if a business is VAT registered, all figures exclude VAT.

STAFF:
Owners and two full time mechanics

HOURS:
Monday 07.30 to 18.30
Tuesday 07.30 to 18.30
Wednesday 07.30 to 18.30
Thursday 07.30 to 18.30
Friday 07.30 to 18.30
Saturday 08.00 to 14.00


FUEL TANKS:
4 tanks: 2 unleaded of 6,800 litres.
1 unleaded tank of 23,000 litres
1 diesel tank of 11,365 litres.

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)

To the front there is a drive-in forecourt with overhead canopy and two pump sets with eight nozzles.

The convenience store, pay station and till areas, are entered via a single glazed door. The convenience section is large and there is a service customer waiting area with easy chairs and a coffee table, shelving and displays.

To the rear end is the till and service reception area with access to the garage and MOT bay.

Behind the shop and before the garage is the service and parts area leading to the main body of the garage.
There are two service bays with attendant lifting platforms and the MOT bay with the diagnostic equipment. The emissions tester is made by Sun. Rolling Road beam setter manufacturer is Crypton. The garage does have several specialist tools but the hand tools are mechanics own.

Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

OUTSIDE:
To the rear there is customer parking and turning area.

Driveway to the side of the building.

TENURE:
Leasehold

Rent Payable per month £2166

LEGAL FEES:
Vendors and Buyers each to meet their own legal costs, but if a lease is to be assigned from the vendor to the buyer they will also be expected to share the landlord’s legal costs on a 50/50 basis. If a buyer wishes to negotiate a ‘new’ lease, they will be responsible for all the landlord’s legal costs.

LOCAL AUTHORITY:
West Wiltshire District Council

RATES:
£500 per month payable

NOTE:
This information has been obtained either from the current rate demand for the property, or by telephone from the local authority. The amount payable is the standard rate for the Rateable Value shown. In some circumstances this may vary, and therefore it is recommended that. potential buyers make their own enquiries through the local authority to check whether the rateable value remains correct and whether the rates payable will be the figure quoted above.

SERVICES:
We understand from the vendor that all main services are connected to the property.

GUIDE PRICE:
The vendors are seeking offers around £98,000 plus stock at valuation, for the lease, business goodwill, fixtures, fittings and equipment, subject to inventory.

STOCK:
The vendor informs us that the value of the stock is approximately - Spares holding £3,000. Shop approx. £3,000.

VIEWING ARRANGEMENTS:
Via Agents only

PLEASE DO NOT MAKE CONTACT DIRECTLY WITH THE BUSINESS

Property information

Property:

Leasehold