Business for Sale in BEAMINSTER, Dorset MOTOR VEHICLE REPAIR & M.O.T CENTRE (CURRENTLY CLOSED)

Key Information

Reference

P035887R

Tenure

Freehold, Leasehold

Status

For Sale

Region

Dorset

Sector

Mot Garages

Annual Sales

£163,862.00 Exc. VAT

Accommodation

Yes

Business Information

Fully equipped MOTOR VEHICLE REPAIR WORKSHOP (currently closed) & former M.O.T CENTRE – situated in the affluent sought after WEST DORSET town of BEAMINSTER which continues to thrive. Occupying a lucrative easily accessible trading position, situated just off the main A3066, with both BRIDPORT and DORCHESTER within easy reach, a short walk to the attractive ‘Square’ where other businesses are situated, and bordering popular residential areas.

Unique edge of town centre premises, more or less totally covered, offers customer car parking, comprehensively equipped workshop incorporating former M.O.T bay, and an additional 2 ramps/work stations, with space for more. Additional office, waiting area and cloakroom facilities. Property comes with self-contained 2 bedroom flat should new owners proceed with the Freehold purchase option, currently rented out to provide additional income, suit owner occupation.

Established and in same family hands approaching 40 years, only closing in January 2024, excellent reputation previously maintained, which ensured no shortage of work when trading , an abundance of work in hand at any one time, attracting local residents and those from other surrounding towns and villages. Sales 2022 £163,862 ex Vat, Gross Profit £112,262, Net Profits to working owner were in excess of £65,000, all from a 5 day week. Offers excellent foundations for a new owner to establish a thriving profitable business, building on the previous levels of trade through additional staff and ramps.

Leasehold £25,000 sav OR Freehold £390,000 sav Ref: P035887R