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F/H MOT Station, North Essex, CO13

Description

The business has been ESTABLISHED OVER 120+ YEARS and has been trading under the SAME OWNERSHIP SINCE 1997 by our client who has brought the business to market with a GENUINE REASON FOR SALE due to retirement. A PROFITABLE BUSINESS working to HIGH GROSS PROFIT MARGINS, we feel there is HUGE SCOPE to increase revenues even further with the extension of opening hours, offering a delivery/collection service and introducing car sales from the large forecourt. Currently undertaking ALL GARAGE & MOT SERVICES along with SPECIALIST CLASSIC CAR WORKS, our client has built up a HIGHLY ENVIABLE REPUTATION amongst a LOYAL & REGULAR CLIENT BASE. The business is COMPLETELY UNOPPOSED and the site has MASSIVE POTENTIAL for various revenue streams. Cost of Stock to be paid on Completion. EARLY VIEWING ADVISED. RX257594

Location

The site is located on a main road of a North Essex village near Manningtree, offering direct easy access to the A120. The immediate surrounding area is highly built-up residential, with further local developments taking place which can only add to the captive audience.

Garage

GARAGE - Measuring 38.01 x 38.06 = approximately 1,446 sq.ft. with a ceiling-height of 5.62m currently arranged to accommodate 2-post ramp, scissor ramp, MOT bay with ramp & pit that is fully equipped with air con machine, 4-wheel laser aligner, emissions machine, headlight aligner, brake tester, compressor, tyre changer, wheel balancer, sand blaster, mig welder, key-safe, gear box jack, 2 x trolley jacks, 2 x diagnostic machines, hydraulic press, battery charger, 2 x engine hoists, sheet metal cutter, wall-mounted infra-red heaters, coil spring compressors and a de-greasing machine. The garage benefits from a Separate Office Area and is fully alarmed with sensors throughout.

Forecourt, Shop & Office

The site has a 15+ Car Forecourt and a separate Self-Contained Shop & Office measuring 20.39 x 15.94 = approximately 325.11 sq. ft. currently arranged as a customer waiting/retail sales area, with various racking and shelving displays along with providing access to staff/customer toilets and a manager's office directly behind the till serving counter.

Staff & Trading Hours

The business is operated by our client full time, assisted by 2 full-time members of staff. The business currently trades 8.30am until 5.30pm Monday through to Saturday and is closed on Sundays.

Turnover

A profitable business with a net turnover of £229,167 for year end December 2023. The most recent year end accounts confirm a reconstituted net profit in excess of £71,000 and our client anticipates this figure will be higher based on the increase in turnover. Full financial information will be made available to seriously interested applicants, following a viewing of the business.

Business Rates

The premises is subject to a rateable value of £8,000 resulting in zero business rates payable, should small business rate relief apply to a purchaser.

Legal Costs

Each party are to be responsible for their own legal fees incurred in the transaction.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Recently sold & under offer
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About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

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Disclaimer - Property reference RX257594. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gilbert and Rose Commercial, Essex Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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