Commercial property for sale in Chester, England

Sovereign Business Transfer is delighted to present this established Class 4, 5, and 7 MOT Testing Centre and Motor Repairs business located in Chester, Cheshire. Having been in operation for many years, the current owner acquired the business in 2016. The business specialises in a wide range of general motor repairs and Class 4, 5, and 7 MOTs, providing essential services such as interim, full, and major car servicing.  The centre is situated in a prime, high-visibility location within a thriving industrial area, ensuring a constant flow of potential customers. The business is operated by the owner, supported by a full-time technician and a trainee mechanic. Over the years, it has developed a loyal client base with regular and repeat customers, reflecting the high quality of service provided. Operating hours are Monday to Friday from 08:30 to 17:30 and Saturday from 08:30 to 14:00, with Sundays off.  This leasehold business is available for £899,950.00+ SAV, with a new lease available to approved candidates. The well-equipped double fronted unit (203m2) handles an average of 50 to 60 MOTs per week, alongside general motor repairs and diagnostics. Additionally, as a member of national company service network, the garage adheres to high standards and enjoys top-tier business support. The network offers members a wide range of products and services, enhancing business operations and competitiveness.  The financial performance for the year ending October 31st, 2022, included a turnover of £687,571, a gross profit of £461,679, and a profit on ordinary activities before taxation of £246,358, underscoring the business's viability and potential as an investment.  In summary, this is a highly desirable business with a long trading history, a strong client base, and a prime location. Viewing is highly recommended to appreciate the quality and potential of this leasehold Class 4, 5, and 7 MOT testing centre. The current renewable lease expire in August 2025, however we are advised (subject to landlord approval) competitive new lease terms are available, significant scope to increase turnover, and regular repeat trade, this genuine sale represents an excellent investment opportunity.

Commercial property for sale in Chester, England

Garage for sale

Description

Need Broker Assistance?