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Class 4 And 7 Mot Station For Sale

Witham, Essex, UK
Asking Price:
£175,000
Turnover:
£400,000
Net Profit:
£50K - £100K

Class 4 & 7 mot station
price: £175,000 plus sav – leasehold
location: between chelmsford & colchester
ref: a0126e
class 4 & 7 mot station operating from a semi-detached light industrial unit that measures over 2,000 sq. Ft. With a 20 ft max ceiling height and benefiting from 8+ parking spaces at the front and rear of the unit. Located on a large industrial trading estate that is close to the mainline station generating highly enviable vehicular traffic & passing footfall in this essex town - between chelmsford & colchester. The business has been established since 1981 and has operated under the same ownership for 20 years by our client who has brought the business to market with a genuine reason for sale. The business carries out up to 200+ mots per month, chargeable at £40 per mot, with additional revenue generating an annual turnover circa. £400,000 that still has plenty of scope. Fully fitted and comprehensively equipped, our client has continuosly invested in the business and has built up an unrivalled repputation supported by 12+ commercial/corporate clients with a fleet over 100 vehicles. The premises are presented with a new lease at a current rental of only £20,000 per annum inclusive and we are further business rates payable are £8,500. We feel there is huge potential in younger hands for an experienced mechanic/mot tester looking for their own business or an established business looking to expand their current operation into the area. Sole agents essex and suffolk business sales are delighted to be instructed in the sale of the business and suggest an early viewing is advised.

Property Information

Property:

Leasehold

Leasehold Rent:

£20,000 per annum

Size in square feet:
2,016

Business Operation

Management type:
This business is owner operated.