Business for Sale in TIVERTON, Devon MOTOR VEHICLE REPAIR WORKSHOP

Leasehold Price £35,000

Key Information

Reference
P35289N
Tenure
Leasehold
Status
For Sale
Region
Devon
Sector
Garages
Annual Sales
£172,541.00 Exc. VAT
Accommodation
No

Business Information

Long established MOTOR VEHICLE REPAIR WORKSHOP, same owner last 35 years, situated in the popular MID DEVON town of TIVERTON, close to the town centre which is within walking distance, surrounded by densely populated residential areas, ensures strong local following, also attracting trade from surrounding areas.

Solidly built workshop, benefiting from high roofline, able to accommodate 4 car at any one time, complete with ramp and inspection pit, together with comprehensive inventory of other equipment. Also offers mezzanine storage, office, cloakroom, and parking, very low premises costs, rent currently only £150.00 per week, and receives 100% business rate relief.

Popular respected business such is length of time established, undertaking servicing and repairs, valuable customer base, ensures ample work in hand at any one time. Sales 2020 £172,541 ex Vat (closed 7 weeks due to Covid-19 pandemic), normally in excess of £200,000 ex Vat, proves very reliable and profitable, adjusted Net Profits in excess of £50,000 providing a comfortable living.  

Leasehold £35,000 sav Ref: P35289N

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