Business for Sale in TOTNES, Devon MOTOR VEHICLE SERVICING, REPAIRS & MOT CENTRE

Key Information

Reference

P36200N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Mot Garages

Annual Sales

£333,335.00 Exc. VAT

Accommodation

No

Business Information

Respected MOTOR VEHICLE REPAIR, SERVICING, & M.O.T CENTRE, in existence some 40 years, trading from current premises some 20 years. Situated on premier SOUTH DEVON industrial estate, occupying substantial valuable site within TOTNES where units are always in demand and units of this nature rarely become available. Being easily accessible, a short walk from the town centre and Morrisons supermarket, proving popular with customers who can simply drop off their vehicles.

A versatile enclosed secure site approaching 11,000 square feet, houses reception/office, comprehensively equipped workshop offering 3 service bays/ramps and Class 4 M.O.T bay with scope to introduce Class 7 such is the high roof line. Additional storage building and masses of car parking/vehicle storage with estimated space for some 50+ cars, with some space currently rented to produce additional income, but at the same time offering the opportunity to extend the workshop premises.

Thriving business with masses of work in hand, generally booking a month in advance, holding a valuable customer base from which regular work is received in addition to some lucrative corporate fleet maintenance. Undertaking servicing and repair for all makes and model of vehicle with some 900 M.O.T’s undertaken each year. Sales 2024 £333,335 ex Vat, Gross Profit (prior to wages) £209,715 ensuring a sound reliable profitable business with considerable scope to build on the current levels of successful trade.

Leasehold £135,000 sav Ref: P36200N