For Sale

MOT & Repair Garage With Strong Local Following

Marlborough, Wiltshire

£499,995 +SAV

Ref: B04568

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

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Description

Hilton Smythe welcomes to the market this very well-established MOT, repair, tyre and servicing specialist, offering an ideal, easily accessible location within a large detached building, having a separate workshop and MOT bay.

The business carries out as many as 1800 class 4 MOT’s a year, with a very strong and established local following. They also carry out repairs and serving, tyre changing and balancing and so much more.

Even though this is a very strong and successful business, it would also greatly benefit by adopting a far more vigorous marketing policy, with online advertising, use of social media and a good quality website, together with longer hours including Saturday morning opening, taking it to the next level.

Potential buyers could also tap into commercial contracts which would be available locally, particularly because 2 of the local main dealers have closed recently.

An internal inspection is very highly recommended to appreciate the potential and quality on offer.

Tenure

Freehold

We are advised that the business is being sold as a Freehold opportunity.

Hours

Monday 8:00am to 5:00 pm
Tuesday 8:00 am to 5:00 pm
Wednesday 8:00 am to 5:00 pm
Thursday 8:00 am to 5:00 pm
Friday 8:00 am to 5:00 pm
Saturday Closed
Sunday Closed

Planning is for the workshop to be opened until 6 pm during the week and from 8:00 a.m. to 1:00 p.m. on a Saturday if required.

Staff

The business is currently run by the owner, 2 other full time and 2 part time members of staff

Financial Profile

The accounting information shows a turnover of £338,476 for the year to 31st May 2017 with a gross profit of £183,371 and a very healthy net profit of £108,170.

These are large detached premises, which benefit from small business rate relief, so have no rates to pay at present.

Location

Situated in Lockeridge, a small rural village in Wiltshire. It lies at the edge of the West Woods in the Kennet Valley, 3 miles west of Marlborough, a small but very busy market town, situated on the Old Bath Road, the old main road from London to Bath. It boasts the second-widest high street in Britain, after Stockton-on-Tees.

The town is on the River Kennet, 24 miles north of Salisbury and 10 miles south-southeast of Swindon. Marlborough had a population of 8,395 in the 2011 census. Easy access is gained to all surrounding areas via the A4 trunk road and M4 motorway.

The business itself has been run by the current owner for more than 30 years now and is very well known and established in the area, with long standing repeat and referral customers. He is now looking towards a well-earned retirement.

Premises

The premises are set within a large detached Freehold building, which consists of:

• Reception
• Main workshop
• Office
• Staff room
• WC
• Large store room with further large mezzanine storage above
• Separate MOT workshop to the rear having
• Small office
• Ample parking to the front and rear.

You have an extensive range of valuable equipment included in the sale as follows:

• Fully fitted MOT bay with rolling road
• Large inspection pit
• Analysers
• 3 x 2 post ramps
• Tyre changer and balancer
• Compressor
• 4 trolleys jacks
• Various tools and equipment

A range of office equipment such as:

• Filling cabinet etc
• CCTV with 4 cameras
• Security alarm and much more.

The main buildings are all accessed via full height roller shutter doors. We also have a good-sized yard with ample parking.

The site must be inspected to see the potential and great location on offer.

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