Under Offer

Very Well Maintained Garage and MOT Centre

Sandy, Bedfordshire

£365,000 +SAV

Ref: 14517 I

Contact sales negotiator

Matthew Monks

01204556319

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Description

Freehold option £365,000 +SAV
-VAT IS PAYABLE ON TOP OF THE PURCHASE PRICE

Leasehold option £100,000 +SAV

Hilton Smythe welcomes to the market Above All Autocentre, which was established by our client in 2007, our client is looking forward to retirement.

The centre carries out MOTs for class 1, class 2, class 4 and class 7 vehicles. Along with general servicing including a fixed price service schedule, batteries, car diagnostics, air conditioning, tyres, brakes, exhausts, suspension and clutches.

The business is being sold with a computer system with a reminder system for MOTs and servicing, and an informative website www.aboveall autocentre.com. The garage is part of the Good Garage Scheme with a 99% rating, along with a 5* rating with Approved Garages. There are many local returning customers, who return due to the service received.

All of the machinery is fully maintained and insurance inspected, in fact the building was completely refurbished 10 years ago and has been kept to an extremely high standard since then.

Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Freehold/Leasehold

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

Our client is the Freeholder and will create a new lease at £18,000 per annum for an initial period of 5 years.

The freehold is available.

Hours

The business opening hours:

Monday-Friday:8.30am-5.30pm
Saturday:8.30am-1.00pm
Sunday: closed

Staff

The business is run and managed by our client, with the help of 2 full time members of staff.

Financial Profile

Above All Autocentre generated an advised turnover of circa £168,142 as of the 2016 accounts, with a gross profit of £50,595.

Location

Above All Autocentre is located in the village of Great Gransden just outside of Sandy in Bedfordshire on the border with Cambridgeshire and serving both counties.

The premises itself is located at the start of an industrial estate with many other businesses close by and the premises over looks open fields. There is distinctive signage around the building and customer parking for up to 12 vehicles

Premises

To the front of the premises there are 6 parking bays and there is further parking to the side for another 6 vehicles.

The reception is entered via a double glazed door and has tiled floor, seating for 6 around 2 tables, MOT viewing window, tea/coffee machine, TV, panel heater, storage cupboard, door to the customer toilet, security door to the workshop area and doorway and hatch to the office area.

Office area has a counter with shelving below, fitted desk area, computer, double glazed windows with views across open countryside.

The customer toilet is accessed off a lobby from the reception, there is also a door to the first floor office/storage area from this lobby. The toilet has tiled floor, half tiled walls and has disabled access, WC, two sinks.

The first floor office/storage area is accessed internally of the lobby and also from outside, therefore, this could be sub-let. The area is divided into 2 office spaces and is double glazed with views across the open land. There is also a filing cupboard here and a kitchen with toilet off.

The main workshop is entered from the side of the building via 2 x large roller doors.

The MOT area has all the MOT telemetry equipment and there are 5 x ramps, 2 being 4 tonne 4 post ramps and 3 being 3.2 tonne 2 post ramps.

Further equipment being sold with the business is tyre machine, balancing machine, press, floor cleaner, oil drainer, axle stands, welding equipment, racking for tyres.

Outside the building is a container for storing old tyres, oil etc.

Off the workshop is the staff area with kitchen facilities, eating area and staff toilet.

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