Business for sale

Business description

Advent Business Sales have been instructed to offer for sale this extremely well established MOT station and garage together with a superbly refurbished luxury home.

The business has achieved an enviable local reputation together with a monopolistic trading position over the last twenty years.

The vendor has decided to sell, as at present he is very busy and with all the new homes being completed, he will naturally become even busier. The vendor has decided to move onto a slower and gentler pace of life and spend more times with his three young children.

Currently he turns work away but feels a new owner would dramatically increase sales and further increase the already high net profits.

The business conducts 5 MOT tests per day and has all the relevant computerised systems in place.

There are contracts with several breakdown and recovery companies whilst all spray work is sub contracted out. Our client receives a fair quantity of spray work together with car servicing.

The owner has informed us that the business has enough excess work for an additional one or two mechanics.

The vendor has also indicated that revenue and profits could be further boosted by purchasing a breakdown and recovery vehicle. At present the owner sub contracts all breakdown and recovery work to three recovery companies.

We recommend early viewing as such a profitable businesses with a splendid family home are extremely rare to find – not to mention the natural growth from the new homes in the vicinity and the potential for further profitability via an in house breakdown/recovery service.

General Information
Employees:The business employs one part time administration person, two full time mechanics and one MOT tester (which includes the vendor).
Trading hours:6 Days a Week
Property:Freehold

Living accomodation:PREMISES The premises are split into two areas: 1. 4 bed luxury home 2. Freehold MOT station/garage Home This four bedroom property is a double fronted rendered construction in brick over slate roof having been built in the 1900’s with a large extension to the rear in recent years. To the front of the property is a wrought iron wall and gate, with block paving, leading to:- Solid large front door leads to hallway with numerous shoe storage and cloakroom. This leads to computer room with CCTV monitor. On the ground floor there is a good sized lounge with feature fire place and two bay windows. In the hallway is a timber floor leading to a shower room with W.C., hand basin and built in cupboards. There has been no expense spared in this fabulous large kitchen with solid oak units and granite worktops, with oak breakfast bar with family seating area and a wood burning stove. There is a utility off the kitchen. This kitchen benefits from under floor heating. The house consists of four good sized bedrooms on the first floor, one having an en-suite. The first floor family bathroom has a corner Jacuzzi bath, low w/c and hand basin contained in a vanity unit with heated towel rail. On the second floor there are two large rooms running the length of the house with two velux and gable end windows. This is presently used as a playroom (could easily be converted to another large bedroom). To the rear of the property is an enclosed private garden and a gate to the outside yard leading onto the garage premises. The property benefits from having gas fired central heating and double glazing. There are a further 1½ acres with stables available through separate negotiation. Accommodation with approximate dimensions Solid three inch thick wooden door leads into hallway with extensive cloak and shoe storage, all handmade and finished in white with pine floor and radiator c/w roof light. At the far end of the hallway there is a computer room/study & W/C, CCTV control and monitor. Through the stained glass door leads onto the main hallway with solid pine floor, with French doors to the lounge and kitchen and also leading to the downstairs shower room and staircase off. Lounge 24’ x 12’ With two bay windows have gas fire cast iron and slate fire with pine surround and matching mirror, c.w, 2 radiators and wall lights. Dining area French doors to the garden, all under cupbard light. Floor fully tiled in carndean flooring, three zone under floor heating, amp plug sockets throughout the kitchen and seating area. Kitchen/Diner/Family Room 24’ x 18’ Having been extended in recent years, this kitchen is the focal point of the house. It has been fitted out to the highest ‘no expense spared’ specification. Handmade solid oak units with granite worktops, double sink with mixer taps. Double range master cooker with hood, space for large American fridge/freezer with own water supply and space for dishwasher. The breakfast bar has storage and space for five seats. This leads to the family area with ample room for two three seater settees at the far end is the fireplace in arched brick mulitfire stove to glass window. Utility Plumbing for washing machine, gas fired central heating boiler, mega flow pressurized hot water cylinder under floor heating controlled manifold. Shower Room Large showerlux corner shower cubicle with low level w/c, hand basin fitted with in pine vanity units, tiled floor with under floor heating. Stairs to first floor. Dog leg staircase to landing. Bathroom Corner Jacuzzi bath with mixer shower with low level w/c and hand basin. Built two vanity units and heated towel rail. Bedroom 1 White wooden floor, large mirrored wardrobe c/w sockets and radiator Bedroom 2 Built in wardrobes & a dressing table. A window to the front & side of the property, c/w sockets and radiator. Bedroom 3 French doors opening onto the Juliet balcony with views to the garden and stables, window to the side. Door leading off to full size on suite bathroom containing built in vanity units, bath with shower overhead and low level w/c, hand basin, c/w sockets and radiator. Bedroom 4 French doors opening onto the Juliet balcony with views to garden and stables, c/w sockets and radiator. Stairs to second floor Dog leg staircase to second floor – now one room Business Gate Gate with security keypad access to yard. Yard Flood lit parking for approximately 10 cars. 14’ gates to roadway. Toilet w/c with hot/cold water and hand basin. Office Waiting area with TV point and sockets, fitted work surface, window to side. Door to the office desk and socket, telephone and power hatch to MOT office. MOT Bay Roller shutter door, brake tester – latest type, inspection pit, tyre storage and fitting machine and balancer door to the MOT office. Front Garage Two sliding doors, 2 post lifts approximately 3 years old, working space for four cars, stores off waste oil heater approx 3 years old. Stores Storage area for parks and bulk oils, compressor housed in stores Overhead Storage Above part of garage The garage has been established for 26 years, having been within the same family for that length of time. It offers all types of work, MOT’s, servicing and has three recovery contracts and is run with three mechanics and one receptionist. The turnover is a¼ of a million and improving each year!. The garage is up to date with the latest equipment. It is a member of the unipart car care scheme but remains totally independent. Customer data base is excellent with many customers having used the garage for years. Very secure in the last 26 years having no criminal issues. All property covered by CCTV.
Location:Our client is located in a smart suburb on the outskirts of Derby within a short travelling distance of the A50 and the M1 motorway network. The locality is proving to be extremely popular as people move into the area to live in the new homes. The new properties are practically on the door step or same street as our client.

The owner benefits from a monopolistic trading position. At present the immediate area has witnessed the construction of approximately 300 new build homes and apartments with a further 114 apartments almost fully built.