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Mot And Service Garage Wolverhampton (reduced In Price) For Sale

Wolverhampton, West Midlands, UK
Asking Price:
£60,000
Turnover:
£160,000
Net Profit:
Available on request

Established since 2000 and with the existing owner since 2011.
Consistently profitable business.
Database of approx' 1350 customers of which approx' 1100 return each year.
Majority of customers located within 7 mile radius of Wolverhampton
Part of premises sub let to car wash operator.

Reduced in price OIRO £60,000

Property Information

Property:

Leasehold

Lease Terms:

five year lease is renewable in 2022. Rent reviews every five years and the current rent is £20,800 per annum of which £7,800 is recharged to the sub tenant.

Leasehold Rent:

£20,800 per annum

Location:

Along the busy A4039 in the Parkfield area of Wolverhampton

Premises Details:

A ground floor single storey detached building with flat roof.
Part of premises sub let to car wash operator.

Energy Performance Rating:
E

Business Operation

Expansion Potential:

Potential to introduce car sales (subject to appropriate planning permission)

Trading hours:

Monday to Friday 7.30am to 5.30pm

Employees:
2 F/T working owners supported by 1 P/T self employed mechanic.
Years established:
20