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This long-established business, founded in 1969, remains family run and has grown from strength to strength over the years, and more notably through the recession in 2008. In addition to carrying out mechanical repairs, the business is equipped and licensed to carry out class 4 and Motorhome MOT’s, Body work and spray painting as well as a forecourt utilised in the sale of light commercial vehicles.
The buyer may wish to apply for Class 7 MOT’s as the premises is designed and equipped to accommodate class 7.
The current split of business is advised as 60% Light Commercial vehicle sales, 35% Mechanical and MOT testing with the remainder in the body shop side of the business.
The business carries out some insurance work, but there is scope to improve on this and grow this side of the business. There are also opportunities that exist to offer maintenance contracts with the sale of commercial vehicles as well as growing the commercial vehicle sales side of the business through the internet.
In addition, the business is FCA registered to broker finance for the purchase of its vehicles, which represents a good additional and supplementary income stream.
100% share capital is offered for sale for the limited company. The company will be debt and cash free upon completion. Stock is payable in addition to the purchase price at the valued rate upon completion. At the 2017 year-end accounts, stock is noted at c. £125,000
The business is offered for sale to facilitate retirement.
The property is owned by the current owner and will be offered on a leasehold basis, with terms to be agreed.
Indicative terms however are:
10 Year fully repairing and insuring lease with three year upward only rent reviews.
Starting rent £16,500 per annum.
The Garage is traditionally built stone wall with slate roof construction, occupying c. 366 SqM. Purpose designed for use as Garage and MOT centre with mezzanine office internally. Externally, purpose built spray booth and large forecourt utilised as used commercial vehicle sales lot.
MOT testing bay including 5 tonne ramp
2 X two post ramps
Jet wash- Karcher, commercial
New tyre machine- Hoffman
Paint mixing scheme
Extractor system (body shop)
Sanders, spray guns, stock including paint, filler, thinners etc
Parts and tyres in stock
Office equipment- new computers and new phone systems
Small hand held machinery inc battery chargers, boost packs, drills
All ramps serviced and calibrated
Situated within the Market Town of Todmorden, the business is well connected via A roads, with good connections to Greater Manchester and West Yorkshire. The business has limited local competition, with some competitors having closed in recent times allowing for more local custom.
Todmorden is situated within Calderdale Council and is located approximately 17 miles North East of Manchester and 22 miles South West of Leeds.
Current opening hours are:
Monday to Friday, 8.30am – 5.30pm
Saturday 8.30am – 12.30pm
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