Under Offer
Well Established Garage And Mot Centre For Sale
Telford, Shropshire
- Asking Price: £99,995 +SAV
-
Turnover:
We are advised that the business generated a turnover in the region of £205,000. Further financials can be made available upon request.
Please quote reference B07016
- Tenure: Leasehold
Please quote reference B07016
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Mot R Us Ltd which is a well-established Garage and Mot Centre with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular and well-known local business in an area teeming with customers.
There has been a garage at this site for many years. The business has been a real labour of love for him and has accrued an impressive number of regular customers and a fantastic reputation.
The business is now being sold albeit reluctantly and with a heavy heart only due to the owners wish to enjoy a well-earned retirement. He is keen to see his beloved garage passed to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.
The business carries out repairs and servicing on all marques including:
- All mot repairs
- Cambelts timing chains etc
- Engine rebuilds, head gaskets and gearboxes
- Full Serving
- Welding
- Diagnostics
- Mot’s
- Body work
- Tyres and balancing
- Air con re gas
- Parking good
- Phones always busy
- Repeat business
- Reputation excellent
- Never a day without jobs in
- Prices competitive with competition
- Deliveries every 20 mins and 1 delivery main dealer per day.
- Green light station
The business enjoys a number of impressive!
A full breakdown on all assets included in the sale can be made available upon further request.
We are advised that the business is owner ran and managed, with the help of 1 member of staff and 1 apprentice.
The business hours are -
Monday – 8:30am – 5:30pm
Tuesday – 8:30am – 5:30pm
Wednesday – 8:30am – 5:30pm
Thursday - 8:30am – 5:30pm
Friday – 8:30am – 4:00pm
Saturday - Closed
Sunday - Closed
Mot R Us Ltd is located in Telford.
Telford is a large new town in the borough of Telford and Wrekin and ceremonial county of Shropshire about 13 miles east of Shrewsbury and 30 miles north west of Birmingham. With an estimated population (for the borough) of 175,271 in 2017 and around 155,000 in Telford itself. Telford is the largest town in Shropshire and one of the fastest growing towns in the United Kingdom.
Telford is situated at the terminus of the M54 motorway, a spur of the M6 linking the town with Wolverhampton and the West Midlands, and on the A5 road between Shrewsbury and Cannock.
The business is ideally located on a busy and well used industrial estate. The business sits alongside other complimentary businesses and is immaculately presented with clear visible signage.
There is free off street parking immediately outside the premises.
On entrance you have a toilet area to your left the reception area, the small kitchen is behind the reception.
Then you have a tool bench along a far wall taking you into the mot bay and area
Then we have workshop bay 1 and tyre bay togethers – with an overhead tyre bay for tyre storage
Workshop bay 2 and an outside canopy for spray work and valeting.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 7 years remaining on the 20 year lease. The rent is £2,700 per quarter.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
