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COMMERCIAL

FOR SALE Vehicle Repair & MOT Business, Northumerland NE5 1BF

Guide Price
£350,000
A & G Land & Property Agents, Newcastle Upon Tyne
PROPERTY TYPE

Commercial Property

SIZE

5,059 sq ft

470 sq m

Description

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.

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.

FOR SALE Vehicle Repair & MOT Business, Northumerland NE5 1BF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bank Foot Metro Station1.0 miles
  • Kingston Park Metro Station1.3 miles
  • Callerton Parkway Metro Station1.8 miles

About A & G Land & Property Agents, Newcastle Upon Tyne

Anderson House, Crispin Court, Newcastle Upon Tyne, NE5 1BF
Industry affiliations:Industry affiliation logo 0

A&G are professional land and property agents, expert valuers and auctioneers, with a proud heritage dating back to 1840. We offer a comprehensive and unrivalled range of auction and sales services for property, land, house contents and collectables.

Our experienced team combines deep industry knowledge with a commitment to service — and with no upfront costs, there’s no financial risk to our clients. Fees are only payable upon successful completion of a transaction. We also offer free initial advice, valuation, and support with no obligation.

Notes

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Disclaimer - Property reference RX832263. 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 A & G Land & Property Agents, Newcastle Upon Tyne. 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.