Business for Sale in CULLOMPTON, Devon MOTOR VEHICLE M.O.T CENTRE, REPAIR & SERVICING

Key Information

Reference

P36499N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

MOT Garages

Annual Sales

£364,004.00 Exc. VAT

Accommodation

No

Business Information

Established 2 bay (Class 4 & 7) MOTOR VEHICLE M.O.T CENTRE, also undertaking MOTOR VEHICLE REPAIRS & SERVICING, occupying lucrative MID DEVON trading position, situated on the edge of CULLOMPTON town centre, adjacent M5 motorway network ensuring easy access to other surrounding towns and villages, the city of EXETER only a short drive. Forming part of popular industrial estate, close new housing developments with further planned, motorway services, and Tesco superstore.

Spacious premises and large overall site, the subject of recent investment, includes new Class 4 connected Automated Test Lane installed in 2024 at a cost of approximately £60,000. The site offers detached reception/office building, class 4 M.O.T bay, class 7 M.O.T bay, repair/servicing workshop, enclosed storage/yard area, ample car parking, and comprehensive equipment inventory commanding a substantial replacement cost.

A well known business, strong following, in existence more than 35 years, undertaking 1,000’s of M.O.T’s each year plus repair and servicing work for all make and model of car and light commercial vehicles. Sales 2024 £364,004 ex Vat. Gross Profit £221,149, sound profits, excellent staffing structure with all technicians qualified as M.O.T testers. Valuable client base providing regular trade, new clients attracted each week through word of mouth/recommendation, no advertising undertaken, handover available if required.

Leasehold £79,500 sav, Ref: P36499N