Freehold MOT And Motor Repairs Newcastle-Under-Lyme

Sovereign are delighted to bring to market this profitable freehold garage and MOT business. Located in Chesterton in the borough of Newcastle-Under-Lyme in Staffordshire the business is owner operated with the assistance of an apprentice mechanic.

The business has been established over 39 years and is in a prime residential area which is surrounded by commercial industrial estates. It has recently had installed a state of the art OPTL MOT bay. The MOT’s are booked through an online system which includes a website and the business is currently taking on 30+ MOT’s a week.

The business trades Monday to Thursday 08.00 to 17.00 and Friday 08.00 to 16.00. The owner also owns the car park adjacent to the business. This offers vast scope for the car park to be used as a possibly car pitch or storage area. There is also the option to lease this area rather than purchase it and this can be negotiated with the owner. The car park if required would be an additional £50,000.

With a healthy net turnover of £211,564.80 based on a 44 week trading period over 12 months. This fantastic business also benefits from zero business rates and is on the market for the freehold price of £380,000. Making this an opportunity not to be missed. Therefore viewing is highly recommended.

Business ID:2947
Turnover Circa £211,564 Per Annum
Prime Residential Location
Established For Over 39 Years
Independent Business No Chain
Vast Scope To Develop Business
Fitted To High Standard Throughout
Genuine Reason For Sale