Freehold Mot Garage and Investment Property - Sale [M33 6RH]
- SIZE
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- SECTOR
Garage for sale
Key features
- Established 1996, Located on busy main Road - Retirement Sale
- Two Large Properties situated on Prime Land-11,000 sq ft
- Annual T/0 31/03/23 £326,967 / GP £158,174, Turnover for 2024 £400k +
- Full planning permission to trade as MOT garage granted March 2024
- Specialising in Seat, Skoda, Audi & VW
- Scope For Additional MOT Work
- The current Rental Income from the Investment Property is £49,000 Per Annum
- Prime Location with Car Park catering up to 9 cars
Description
The business was established by our client in this sought-after, central area of Sale in 1996. The business offers class 4 mots, repairs, maintenance, and servicing for all vehicle types, specialising in Seat, Skoda, Audi, and VW. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from plenty of additional trade generated by word-of-mouth recommendations and website traffic. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google. The business has a comprehensive website in place.
The business is ideally suited to a hands-on owner-operator but due to our client's retirement plans, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
This freehold sale also includes the property that is currently housing the business. An adjacent property that is currently privately tenanted and is currently generating £49,000 per annum.
- Premises Details
The business operates from an impressive property with a gated forecourt to the front which the vendors do not own but is rented through an external Landlord (Rent To Be Confirmed) which provides car parking for an additional 10 -15 car parking spaces along with a vehicle entrance to the side. The business has large branding and signage on display above a glazed entrance area. This leads to a welcoming reception with a MOT waiting room. The large, open-plan garage/workshop is to the rear of this. The workshop is fitted with one MOT bay, three servicing and repair bays, and a large mezzanine floor which is currently used for storage.
The second property at 176 is now fully occupied with full details as listed below:
Office 1 First Floor is Occupied by City Care Partnership who are currently paying £2250 per month with around 2 - 3 years left on their lease.
Office 2 First Floor and ground floor are newly Occupied by SR cladding and have a 3-year lease and are currently paying £1200 per month plus £250 towards utilities.
The storage unit downstairs (1) is currently leased at £250 per month on a rolling contract.
The Storage unit downstairs (2) is currently leased at £300 per month on a rolling contract.
In total the current yearly income is £49,000 Per Annum.
Full planning permission at 180 Washway Road was granted in March 2024
The business has a rateable value of £600. Purchasers should enquire with relevant local authorities to confirm the rates payable.
- Summary
This long established business and tenanted property occupies an enviable trading position in a bustling area of Sale only five miles from Manchester city centre. Our client has secured a strong customer base and exceptional reputation. There is some scope to develop the business further with the introduction of additional staff members to accept a higher workload. There is also additional property space which may be tenanted or used to expand the existing business. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Freehold Mot Garage and Investment Property - Sale [M33 6RH]
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brooklands Tram Stop0.3 miles
- Sale Tram Stop0.6 miles
- Dane Road Tram Stop1.0 miles
Notes
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