Parking/garage for sale in Llanelli, Wales, United Kingdom SA15, £245,000

245,000.00

Offer Nr.:
58511707
Type of ad:
for Sale
Property type:
Parking/garage
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
Hilton Smythe welcomes to the market the mot Centre. This very well -
established Motorcycle Mot centre, which is currently run on a very part time
basis, due to the owners age. He presently carries out around 3/4 Mot’s each
morning and then closes.
However, there is great potential and opportunity to increase this into a
full - time business, to include repairs and servicing as well. The new owners
would need to invest in a rolling road, although we believe from the owner
that these can be leased at very reasonable rates.
The current stock value is circa £50, 000 which includes several motorbikes.
The business itself has been run by the current owner for the last 36 years
and is very well known in the area. The owner is now looking towards a very
well - earned retirement.
_Location_
The mot Centre is situated on the outskirts of Llanelli. It is the largest
town in both the county of Carmarthenshire and the preserved county of Dyfed,
Wales and sits on the Loughor estuary on the West Wales coast, approximately
10 miles west - northwest of Swansea and 12 miles south - east of the county town,
Carmarthen. The town is famous for its proud rugby tradition and is a centre
of tinplate production.
The town of Llanelli with a population of some 35, 000 people, is a coastal
town where the Welsh language is still widely spoken. It has a long
association with the tinplate, steel, and coal mining industries, and is the
home of the world - famous Llanelli Scarlets, one of Wales’ four regional rugby
teams. Llanelli is currently being transformed as it benefits from £60 million
regeneration programme.
_Premises_
The premises are set within a large stone building, with the very spacious
ground floor workshop offering plenty of space for the business to grow and
thrive. With equipment to include boring machine, bench with vice,
shelving/racking etc and much more.
On the first and second floors, we have a good sized 2/3 bedroom flat
consisting of lounge, kitchen, dining room, shower room, 2 bedrooms on the
first floor and a large open plan second floor loft presently used as an
occasional bedroom 3. The accommodation has a fitted gas boiler. Parking is
available to the front. There is potential with the accommodation to let out
to generate additional income.
There is much potential for further improvement and development.
_Tenure_
We are advised that the business is being sold as a Freehold opportunity.
According to the voa website the current rateable value is £3, 650 however the
business benefits from small business rate relief so has nothing to pay.
_Hours_
The business currently opens on limited hours.
Monday to Saturday 9. 00am – 1. 00pm
_Staff_
The business is currently run by the owner.
_Financial Profile_
The business is run very part time at the moment, but still earns around
£20, 000 - £25, 000 per annum for mot work only.

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