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Established Class 4 Mot Garage - Liverpool For Sale

Liverpool, Merseyside, UK
Asking Price:
£79,950 Furniture / Fixtures included
Turnover:
£80,487
Net Profit:
Available on request

Prominent Trading Position
Accounts Available Year End 30th April 2019
Annual Turnover £80,487
Gross Profit £55,720
Accounts Available After Viewing
Scope To Increase Services Offered
Repeat Customer Base
EPC - E

Blacks Brokers are pleased to bring to the market this leasehold well established Class 4 MOT Garage located in Liverpool, Merseyside.

Introduction

Walton Village MOT Limited has been trading on Haggerston Road since 2012 although the building has had a garage operating from the premises for the past four decades. Since opening the business in 2012 our client has generated a huge amount of additional goodwill and has built upon an already enviable reputation within the local area. The business also has its own website.

Location

Situated on Haggerston Road the business benefits from a densely populated area and is also close to an extremely busy main road. It is approximately four miles from the M58 motorway and is just one mile from the nearest railway station. Goodson Park is one mile with Anfield just two miles making this an extremely busy location.

Reason for sale

This opportunity has become available due to our clients other business interests. Therefore the business has been placed on the open market at this appealing price point and would ideally suit a buyer who is currently working in the trade and looking to go into business.

Lease

The building is available for rent on a FRI basis ( Full Repair and Insurance). This is the most common type of lease. The lease has a 10 year term that started in 2012. The current rent is £19,200 per annum which represents excellent value for such a prime location property.

Building layout and design

The lease covers the ground floor of the property with the added benefit of a large car park. It has an impressive frontage with striking signage with an open feel. The premises is fully alarmed with an eight camera CCTV system.

Flooring throughout the building is concrete. There is an MOT waiting area for customers with staffroom and a back office. There is plenty of available storage. The building is 100% commercial with no living accommodation at all.

Staff

The owner is supported by three full time members of staff with all personnel serving over two years providing continuity to customers once a sale completes.

Financial details

The business has traded solidly over the years and the accounts year end 30th April 2019 show that the business has an annual turnover of £80,487 and a gross profit of £55,720. Accounts can be made available after viewing.

Business rates

The business currently benefits from Small Business Rates Relief.

Summary

This is an exceptionally efficient run business that has can show a steady increase in turnover year on year.
The business does not actively advertise as there is no requirement to do as all marketing is done through word of mouth and reputation and offers a new owner a database of loyal customers providing repeat custom.
This very well respected business presents an excellent opportunity for a new owner operator to enjoy and develop. With a genuine reason for sale and a price that offers exceptional return on money invested early viewings are advised as a speedy completion is anticipated and demand for this business will be high.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

Mon - fri: 08:30 - 17:00
Sat: 08:30 - 12:00

Contact Information

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