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General Vehicle Repair And Mot Service Station For Sale

Derby, Derbyshire
Freehold Price:
£499,995
Leasehold:
£179,995
Turnover:
£650,440
Net Profit:
Available on request

Business
Hilton Smythe are pleased to welcome to the market Hatton Tyre & Exhaust Centre. The business has been operated by the current owner for over six years and is well established within the local and surrounding communities offering an excellent service with an unrivalled reputation.

The centre provides a wide range of services from general motor repairs and servicing to MOT testing series 1,2,3,4,5 & 7, brake testing, welding and motor bike testing as well as providing information and advice on diagnostics and a wide range of tyres which are conveniently held in stock. The business offers a new operator an excellent opportunity to take an established business and put their own spin on things developing the website and social media presence further as well as taking advantage of the expanding customer base that is being generated locally and the ever-expanding commercial sector within the region.

The business returns a healthy GP and adjusted nett profit which would be attractive to an individual looking to invest and branch into the sector or for an already established outfit looking to expand and perhaps gain a foothold within the region and expand their business further. The business is being offered as a leasehold and freehold purchase opportunity.

Location
Situated along the Scropton Road in the centre of Hatton village the site is 6KM North of Burton-On-Trent and 40KM West of Derby.

The site is easily accessible with excellent road network links off the A50 which links the M1 & M6. The area is undergoing further development and is in a very sought-after location within this part of Derbyshire.

Premises
Entrance through the front door to reception area trade counter and customer waiting area with seating. Customer car parking to the front and side of the 5,500sqft unit. Single roller shutter door to the front, secure site with metal perimeter fencing and CCTV system with alarm.

Main testing and diagnostics area with further service bays and service area to the left-hand side, store room, office, WC and staff canteen. Test ramps and diagnostic equipment, the business is being sold with the essential equipment necessary for it to continue trading in its current format.

Tenure
We are advised the business is being sold as a Freehold & Leasehold opportunity with the Freehold being offered at a guide price of £499,995 and the Leasehold at £179,995 with rent anticipated to be in the region of £20,000 per annum on a new lease with terms to be agreed.

Hours
The opening hours are currently 8.00am to 5.00pm Monday to Friday and 8.30 to 2pm on Saturday.

Staff
The business is run and managed by the current vendor with 7 x full time and 1 x part time staff.

Financial Profile
We are advised the business is currently generating a turnover in the region of £650,440 per annum with a healthy GP an attractive reconstructed nett profit.

There rates are currently £16,800 per annum

Property information

Property:

Available as freehold and leasehold

Other Information

Leasehold asking price:
£179,995

Contact Information

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