Superb MOT Station For Both Cars And Motorbikes For Sale

Business description

Superb Mot Station For Both Car And Motorbikes

Fantastic growth potential from already established client base
Modern fully equipped single storey industrial unit
Turnover £120,000 pa with 60% gross margin
Main through road to city centre of Derby
Early viewing highly recommended
Scope for development
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this well established MOT testing station for both cars and motorbikes, which has been in the careful hands of our clients since 2007. The business is only now being put to the market due to our clients desire to purchase a larger concern. During our clients stewardship they have fully renovated all areas of the business to provide a true walk in and trade business for the new owners. They have continually developed and improved the business by introducing new income streams the most recent being the introduction of MOT testing for motorbikes which has already proved to be a popular and worthwhile choice. Our clients inform us that the current turnover is £120,000 pa with a gross margin of 60%, this is derived from offering a quality drop off and collect MOT service. Our clients have invested heavily in the most up to date and quality equipment meaning that all types and aspects of the MOT can be carried out in house. The business enjoys a strong reputation with the local community and as such has a high level of repeat trade from a loyal customer base. Meridian Business Sales recommends early viewing on this walk in and trade business opportunity.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 10 years
Review: 3 years
Rent: £12,000pa

Living accommodation:

Single storey industrial unit with roller shutter doors, offices and front forecourt parking, briefly comprising: GROUND FLOOR Roller shutter doors lead to the three bays All bays fitted with hydraulic ramps rolling roads and full MOT testing equipment Painted concrete flooring White emulsion walls Toilet and kitchenette area Customer reception area with seating and sales desk Office space Storage facility to the rear of the property EXTERNAL Fenced parking area to the front of the property for 10 plus cars also concrete ramps that lead up to the MOT bays.

Location:

This well established MOT station is located in the centre of the city of Derby. The business is placed just off one of the main arterial routes into Derby hence providing the business with a large amount of passing trade. The MOT station is run from a modern single storey industrial unit with ample parking making it ideal for its customer base to drop off their vehicles and enjoy all of the major amenities that the city of Derby has to offer including top quality shopping arcades, bars and restaurants. The city of Derby and the surrounding areas have seen in recent years increased spending on the infrastructure plus educational and lifestyle projects turning Derby into a modern and affluent city. The city has strong road and rail links via the M1 motorway, A52 and A38 trunk roads plus mainline rail.