Car Servicing, Repair and MoT Centre T a North Yorkshire Motors Ltd, Clifton Moor, York.

We are pleased to offer this very long established business which is run from fully equipped leasehold premises on the Clifton Moor Industrial Estate in York.  The business has built up an excellent reputation over the years and is only being offered for sale due to impending retirement. Income is generated from servicing and vehicle repairs as well as from MoT’s and has increased annually over the past 3 years. The business is run by the owner plus one mechanic.  The premises consist of two adjoining workshops, an office and staff kitchen with some parking to the side and a shared forecourt area to the front..

PREMISES  ( note, all dimensions are approximate )

Workshops approx 167 sq m including office, staff kitchen and wc. Equipment includes :
. BT One Phone system
. Class 4 MOT test Lane including    Tecalemit roller brake tester
. Bradbury 3 tonnes four post lift  and  beam setter
. Decelerometer 
. Premier diagnostics  Exhaust, gas,  analyser, diesel smoke meter 
. Compressor 
. Wheel balancing machine 
. Wheel force, tracking gauges
. 15 Tonne hydraulic press
. Snap On Zeus diagnostic tool
. Tecalemit 2 post lift 
. 4 Tonne  2 post lift
. Snap On Mig welder
. Spring compressors
. Waste oil tank
. Gas ceiling heater
. Snap on chargers 
. Large safe

A van is also included in the sale.

RATES

The premises are shown on the Valuation Office Rating web site as having a RV of £21,500. Rates payable for 2024 to 2025 will be a maximum of  £3362.33 however our client is anticipating that this will be reduced.

LEASE

The premises are held on two separate full repairing and insuring renewal leases both for 5 years from 24th June 2021at a combined rent of £21,185 pa. plus a service charge on account of £441 per quarter which covers the maintenance of the common areas and Estate Management. There is often a refund at the end of the year but this can obviously vary from one year to another.

BUSINESS

The business has been operating for over 40 years and is consistently seeing year on year increases in income. For year ended 30/9/22 the income was £199,403 with an adjusted net profit after adding back Directors remuneration and depreciation, of around £44,000.  The previous year’s income was £179, 276 and for 2020 it was £165,093  therefore it can be seen that the business is performing well should continue to do so for the foreseeable future.  Full accounts information can be made available to genuinely interested parties after having viewed the business.

EPC

The property has an EPC rating of TBC.

COSTS

The purchaser will be required to pay a contribution of £450 vat towards the landlords legal costs involved in preparing the  lease.

PRICE

Around £84,950 to include all equipment as listed.

VAT.    

All prices and rents are deemed to be exclusive of any VAT which may  apply.

IMPORTANT    

Where staff are employed in a business, it is possible that they are unaware of any impending sale,therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.  Buyers will be required to provide details of their identity ( passport / driving license and two utility bills) and proof of funding ( bank statements / mortgage offer ).

NOTE

Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided.  We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect. Neither the agents nor any person in their employ bind themselves in any way, nor are any warranties given as to the correctness of the information provided. No part of these particulars form part of any contract or agreement for sale or lease.