Retirement sale.
A reputable car service garage is being sold after being run solely by the owner for 40 years.
Established garage and MOT station successfully run since setup with fully positive 5-star reviews. Impressive range of fixtures, fittings, plants, and equipment. Including a 2-post vehicle ramp and a fully equipped MOT bay, which has a 4-post ramp & tyre replacement machinery.
The garage is set up to carry out MOTs for classes 4 & 7. Class 4 is cars and small vans. Class 7 includes commercial goods vehicles that carry between 3,000 kg and 3,500 kg in weight.
A new rental lease starts in July 2024 at £1375 per month plus VAT. 5 and 10-year leases are available for the premises.
Eligible for the rate relief scheme. Don't pay any rates. (National Non-Domestic Rate Bill Example in documents attached to the advertisement).
The premises or unit consist of a cabin containing the reception/office, a staff kitchen area, and a large garage workshop.
The business has shown excellent profits and has a huge amount of room for expansion. These profits are based on a single mechanic working 4 days a week at state retirement age. Scope to open 7 days a week and have more than 1 mechanic working on site. Good customer base, which moved with the company when the business relocated to Tholthorpe from Helperby less than a decade ago.
Premises is 10 miles north of York, based in a commercial and industrial multiplex next to Tholthorpe village. Large local customer base. Highly accredited in all details of car servicing, maintenance, and repairs. Immaculately presented facility of approximately 230 square meters (2475.7 sq ft). Customer waiting room. Separate toilet facilities for customers and staff.
Equipment and stock are valued at £25,000. For inventory, see the documents attached to this advertisement.
The business has a green light status from DVSA for testing standards.
Business cannot be relocated.
EPC Band D (updated since certification was given). The unit has 3-phase electricity and LED lighting.
Adjusted profits of £41, 475 for year ended 2022-2023.
Annual turnover: £115,212.
Accommodation not included.
Business is not home-based.
