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Mercedes Benz Specialist Motor Repairs Business For Sale Chester Cheshire

Leasehold
£400,000

£69.23 per sq ft

Business rates & charges may apply

SOVEREIGN BUSINESS TRANSFER, Nationwide
SIZE AVAILABLE

5,778 sq ft

537 sq m

SECTOR

Garage for sale

USE CLASSUse class orders: A1 Shops and B2 General Industrial

A1, B2

Key features

  • Annual net turnover £342,686
  • Significant scope to increase turnover
  • Long trading history
  • Genuine reason for sale

Description

Sovereign Business Transfer is delighted to present this established Mercedes Benz Specialist Motor Repairs business located in Chester, Cheshire. The business specialises in A Class to V Class vehicles and boasts the expertise and experience to provide comprehensive diagnostics using their Star diagnostic machine, as well as thorough servicing and repair work. While Mercedes Benz vehicles are their specialty, they also cater to other makes and models, offering essential services such as interim, full, and major car servicing.

Situated in a prime, high-visibility location within a bustling industrial area, this business benefits from a steady stream of potential customers. Operated by the owner and supported by a full-time garage manager, it has developed a loyal client base over the years, with regular and repeat customers reflecting the high quality of service provided. The business operates from Monday to Friday, 08:30 to 17:30, and remains closed on Saturdays and Sundays.

The leasehold business is available for £400,000.00 + SAV, with a lease valid until 2032, renewable under the Landlords and Tenancy Act. Financial performance for the year ending November 30th, 2022, included a turnover of £342,686, a gross profit of £255,148, and a profit on ordinary activities before taxation of £58,971, highlighting the business's viability and investment potential.

In summary, this is a highly desirable business with a long trading history, a strong client base, and a prime location. Viewing is highly recommended to appreciate the quality and potential of this leasehold concern. With significant scope to increase turnover and regular repeat trade, this genuine sale represents an excellent investment opportunity.

Annual net turnover £342,686
Significant scope to increase turnover
Long trading history
Genuine reason for sale

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Disclaimer - Property reference 3052. 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 SOVEREIGN BUSINESS TRANSFER, Nationwide. 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.

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