The company is well established within the area and has been operated by the current owners since 1992. The company serves as a comprehensive MOT testing, servicing and repairs garage with a range of additional exhaust and tyre fitting services in accompaniment. Typically around 250 MOT's are performed each month, and clients include domestic consumers, local/regional business vehicle fleets and larger blue-chip organisations.

Located within a residential turning just yards from the main road linking Hammersmith and Shepherds Bush in West London. The area is extremely affluent and benefits from high volumes of passing and visiting trade, as well as regular custom from the densely populated residential dwellings nearby. Several re-development plans are in place within the neighbouring Shepherds Bush district; potentially improving transport links and attracting further potential custom to the area.

Business enjoys:

High repeat and referral business

Strong commercial and domestic customer base

Prime location

Wide range of services available

Approx 7500 Sq ft, freehold plot with an optional attached 3 bedroom town home available.

This business has a great potential for further growth for the right person. The owner is planning to retire to the USA and would like to find the right person to rent or buy this business.

The site incorporates a small commercial lock-up office to front entrance(currently empty) and secure gated vehicular access drive leading to the garage area at the rear. A three bedroom maisonette with lounge, bathroom and kitchen also occupies the front aspect with flying freehold over the access drive.

The garage comprises a large main production area capacity of circa 20 cars with 4 hydraulic ramps, 1 MOT hydraulic ramp, wheel balancer, engine wash, diagnostic equipment and general working stations, a reception/customer observation area with service desk, 2 WC's, stock room, staff canteen/kitchen area, and access to mezzanine office level. A second garage/production area is accessed from the first and can handle up to circa 10 cars at any one time, with a further recess area currently utilised for storage. The garages are fully alarmed with a RedCare system and CCTV and measures approx 7,500 sq ft in total.

ABSOLUTELY NO CANVASSING. Offered as a confidential sale.

FreeHold Price - £5m - The property has development potential.

LeaseHold Price to buy business (not property) £500,000. With a five year renewable lease of £100,000 pa.

Other information

Leasehold asking price: £500,000 (Furniture / Fixtures and Inventory / Stock included)
Inventory / Stock value: £80,000 (included in the asking price)
Furniture / Fixtures value: £80,000 (included in the asking price)
Financing available: To be discussed.
Owner financing: Owner financing is available. Please contact the seller for more information.
Support & training: The owner will provide full support and training as long as needed.

Business Operation

Years established: 35 years
Employees: 5 .. Full time manager on basic plus commission, alongside 4 full time mechanical staff
Reasons for selling: Retirement/moving abroad.
Competition / Market: NA

Property information

Planning consent: None.
Size in square feet: 7,500
Living accommodation: Three bedroom modern furnished Maisonette attached.
Property: Freehold
Cash flow:
Available on request
£200,000 - £500,000
Seller financial available: Yes
Work from home: N/A
Franchise: No
Year established: 35 years
Employees: 5 .. Full time manager on basic plus commission, alongside 4 full time mechanical staff
Date: Fri 29 Jun 2012

Listing Expired!

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