* Leasehold
Mot station - haverhill - suffolk. An established business with a proven track
record, established & run under current ownership in excess of 12+ years with
a genuine reason for sale due to retirement. Trading from fully fitted and
equipped light industrial premises, the business currently undertakes between
70 - 100+ mots per month along with servicing, brakes, tyres, exhausts,
suspension and light repairs. Having built up a loyal & regular clientele the
business has a highly enviable reputation and is part of the retail motor
industry and trust my garage. We feel there is huge potential in younger hands
and ideally suited for an experienced mechanic/mot tester looking for their
own business. Viewing recommended. Ref: RX257492 A6381S
**Location**
The business occupies a prominent position within an established light
industrial trading estate serving a densely populated market town and is
surrounded by independent businesses such as pizza takeaway, plumbers
merchants, an electrical shop, tool shop and an engineering company
**Tenure**
We are advised a new secure lease will be made available, with the term to be
agreed at an asking rental of £6, 500 per annum exclusive
**The Premises**
The business trades from a large, light industrial unit with secure metal
gated front and rear doors along with a large electronic shutter entrance. The
premises is fully equipped with a 4 - post mot ramp, welder, brake tester,
diesel tester, an emissions machine, a wheel balancer, a tyre machine,
headlight aligning machine, compressor, brake wash machine, air con machine,
hydraulic press, engine crane and a diagnostics machine. The premises are
secure with CCTV, an alarm and benefits from 5+ parking spaces within the
lease. On the left - hand side of the mot station, an internal door leads to
staff toilets and a small ancillary area with kitchenette facilities. Also on
the left - hand side is an owner office/customer waiting area with space for 2
desk working stations
**Staff & Trading Hours**
The vendor works full time, assisted by his son full time and a self - employed
mot tester as and when business demands. The business currently trades 8 am to
5 pm Monday to Friday and we are advised there are no restrictions on trading
hours allowing for an increase in hours and days
**Turnover**
Accounts will be made available to seriously interested applicants following
an inspection of the business. Turnover on the latest set of accounts show net
takings of £109, 451 with a gross profit margin of approximately 68% yielding
adjusted net profits in excess of £45, 000. Full financial information will be
disclosed at our client's discretion
**Business Rates**
The premises is subject to a rateable value of £5, 100 resulting in zero
business rates payable
**Summary**
Internally, the premises measures approximately 2, 065 sq. Ft. (dimensions
obtained from the voa Office website)
**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

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