FOR SALE Vehicle Repair & MOT Business, Northumerland NE5 1BF
1.39 ac
470 m²
FOR SALE Vehicle Repair & MOT Business, Northumerland NE5 1BF
1.39 ac
470 m²
Agent Details
BUSINESS SALE - A long-established and highly profitable Northumberland based Vehicle Repair and MOT business, occupying a prime position with excellent passing traffic and a loyal customer base.
A long-established and highly profitable Northumberland based Vehicle Repair and MOT business, occupying a prime position with excellent passing traffic and a loyal customer base. The business is sited within a 1.39 acre freehold plot and comprises three bays, a separate MOT booth, two sales offices and ancillary workshops and storage rooms. The sale consists of the fully functioning business as a going concern with the existing fully equipped premises available to let on flexible terms. Having established an excellent reputation for quality service and customer care, there is little current outlay on marketing. However, there is undoubted potential to expand the business and it's range of services, if desired. The sale is due to owner-retirement.
Location
More Information
Room Descriptions
The Business
Includes: Full MOT services, Car and commercial vehicle servicing and repairs, Tyres, Diagnostics & re-tuning, Air conditioning.
Years Established
120+ Years. The current owners are the fourth generation of family owners.
Location
Occupying a prime position on a busy central village thoroughfare, close to shops, the main Newcastle-to-Carlisle rail line and station and the A69 road link.
Site & Premises
Available to let on flexible terms, and including the option to purchase at a later date. Current rateable value is £16,250. Fully equipped workshop with three lift bay's, A separate MOT testing bay (with recently fitted gas analyser and brake rollers), Two sales offices, Ancillary workshops and storage space and Customer/Staff car parking.
Staff
The business currently employs three full-time mechanics (two of whom are MOT qualified testers).
Tenure & Services
Available to let on flexible terms and including mains water, drainage and electricity. Oil fired central heating is also connected.
Key Financials
Consistent annual turnover of circa £500,000 with a healthy six-figure annual profit. Due to the confidentiality, a non-disclosure agreement would need to be signed before further accounts information can be provided.
Development Potential
There is undoubted scope to expand or develop the business, it's range of services and it's trading hours, if desired.
Reason for Sale
Retirement.
Trading Hours
Monday to Friday: 7.30am - 5.30pm. Saturday: 7.30am - 12pm. Sunday: Closed.
Equipment
All existing tools, ramps, stock and equipment are included in the sale as a going concern.
Disclaimer
These Particulars are intended only to give a fair description of the business and property and do not form the basis of a contract or any part thereof. These descriptions and all the detailed information are believed to be correct, but its accuracy is in no way guaranteed and have been supplied by the vendor and accepted by A&G in good faith.
Agent Details
