Ref 6984 Leasehold mot, Service and Repair Centre Blacks Brokers are pleased to bring to the market this leasehold mot, Service and Repair Centre in this much sought after area of Stoke-On-Trent, Staffordshire. Introduction
Wilks mot Centre was taken over by our client in 2016, prior to this the business had been a testing station but trading under a different name for many years. The garage is very well known and has a strong base of regular customers in place and is in an excellent trading position close to many other large transport businesses. Location
Wilks mot Centre occupies a prime trading position surrounded by an array of residential housing. The is a large area to the front of the property which measures around 45 Metres x 6 Metres which offers parking for approximately 20 vehicles. The business is just a short distance from the town centre. The area is well linked by the A50 and M6 making the business easily accessible. Reason for sale
Due to our clients other business interests the business is offered for sale and therefore, presents an excellent opportunity for a new owner-operator or team to take the business to the next level. Lease
The building is available on a Full Repair and Insure (Fri) lease, this is the most common form of commercial lease. A new ten year lease will be negotiated with out client upon purchase of the business at a rent of £170 per week. (Our client is open to negotiate the lease length if a buyer should want it to be longer or shorter). Building layout and design
Wilks mot Centre operates from a large single storey building based with in the heart of a densely populated residential area. Inside, the main garage offers two ramps and a pit. There is also a large office space with two desks along with a customer waiting area. Staff
The business operates with our client and one other member of staff both working on a full time basis. Financial details
Wilks mot Centre has traded solidly since opening and our client has maintained a loyal, repeat customer base. We are advised the business has an annual turnover of £50,000. Full financial information can be made available after viewing. Business rates
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities as to the rates payable. Summary
This is a well established business with a superb reputation and large customer base. There is plenty of scope to develop the business further with the recruitment of more staff to allow the new owner to accept additional workstream along with a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build on the impressive trading foundations already in place. Early viewings are strongly advised. Business: £25,000.
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