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Brilliant MOT Centres And Garage For Sale In Faringdon

Faringdon, Oxfordshire

Asking Price £95,000
Turnover £240,000

Business overview

Family run fully equipped garage with mot for class 4 and 7. The workshop has 3 two post lift bays and 2x four post lift bays inc mot bay. it has tyre changing facilities.

Business details

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Business description

The business offers servicing, repairs, tyres and MOT's for all makes and models of cars and light commercial vehicles. The business currently offers a Volkswagen Group specialists service due to current owners previous roles, this can be changed or removed easily if you require. The business has assets to the value of £85,000. The business has 7 years remaining on its current lease with renewal open with landlord. The business offers a solid client portfolio with some customers having fleets of vehicles to maintain. The town of Faringdon is growing with constant development of housing, combined with our excellent reputation means the workshop is always busy . I would consider this to be a ''bolt on'' investment however the right first time buyer would easily succeed. The current turnover is being reached with only one technician (owner) in the workshop, unfortunately due to ill health the business is up for sale. The unit itself is split into two parts with a plaster board dividing wall that can be removed if you so require. The unit is currently divided into Garage at 3500 square feet and storage at 1500 square feet. total unit size is 5000 square feet. The smaller unit could be sub-let or even run a sister company e.g body shop. The unit has parking for 14 vehicles out the front and has a large yard to the rear which can hold up to 20 vehicles.

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