x
Request more details about this business » REQUEST FULL DETAILS »
Tuesday 26th of Sep 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£140,000

Highly Reputable Garage With Mot Centre Premium Advert

Download advert as PDFSave to Favourites
Print this page
Interested in this business?
Further Details
Reference14064 G / RightBiz
Status
FOR SALE
Advert ID200697
LocationSpalding, Lincolnshire
SectorGarage Businesses, Mot Businesses, Motor Businesses
Leasehold Price£140,000
Advert Statistics
Views
The view statistic is how much people have viewed this advent's page.
Impressions
The impression statistic is how much people have viewed this advert on the search page.
Total Enquiries
The total enquiries statistic displays how many people in total have made enquiries to the advert.
Interested (%)
The percentage rate of how many users that are interested in this business for sale.
Watching
This figure shows the amount of people that are interested in this business for sale.
Last Viewed
The last viewed statistic was when the last person has viewed this advert.
Last Updated
The last updated statistic is the last time the owner of this advert updated its details.
Last Enquiry Made
Date Ad Submitted
LOCATION
B & M Autos is located in Surfleet, just outside of Spalding within Lincolnshire.

The garage is located next to a café, which is open 7 days a week and opposite St. Laurence Church bringing good footfall to the area.

There is parking for numerous vehicles on the garage forecourt and there is a bus stop directly outside the garage.

BUSINESS
Hilton Smythe welcomes to the market B & M Autos, which was established by the current owner in 2000, who is looking to go into a well earned retirement.

The garage specialises in vehicle sales, servicing, repairs and MOT’s of any vehicle make and model. With a good repeat client base and a high level of word of mouth recommendations to new custom.
MOT’s are currently carried out off site, however, there is a licence for MOT’s on site, offering huge poten-tial to boost turnover.

As the owner is looking to move into retirement, there has not been investment in a website or social media pages, a serious consideration for the purchaser to promote the assets of the business to new custom.
Hilton Smythe highly advise early viewing to avoid disappointment.

PREMISES & EQUIPMENT
Outside to the front of the premises is a large courtyard for car sales, this courtyard leads to the side via double gates to a further yard for storage or car sales, this yard leads to the side doors to the rear service area.

The garage is entered from the front by a door to the reception and double concertina doors to the front service area. This service area has the licence for MOT’s and a two post ramp, there is access from here to the reception and to the rear service area.

The rear service area has a further two post ramp and gives access to a large storage area and toilets.

The reception has the office off and leads to the staff room/tea room.

TENURE
We are advised the business is being sold as a leasehold business opportunity.

The lease is currently on a rolling lease arrangement, and the landlord will be looking to grant a new lease to the new owner of the business.

The current owner has paid £7,000 per annum rent for the last 17 years, however, we are advised the rent will increase, currently we do not have a full indication as to how much this will increase by and is to be negotiated with the Landlord.

HOURS
The business opening hours:
Monday-Friday:8.30am-6.00pm
Saturday:8.00am-12.00pm.

STAFF
The business is run and managed by our client, with the help of a part time member of staff, this is due to the owner looking to retire.

FINANCIAL PROFILE
B & M Autos generated an advised turnover of circa £89,167 as of the 2016 accounts, with a gross profit of 35%.
Request further information on this business for sale
You must have JavaScript enabled to view the interactive Map and Streetview
Request more information or contact seller
Share Advert
Disclaimer
The data showed regarding this advert 'Highly Reputable Garage With Mot Centre - 14064 G / RightBiz' comprises as a business advertisement. RightBiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall RightBiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.