Business for Sale in Daventry, Northamptonshire Garage & MOT Test Centre

Key Information

Reference

P35695E

Tenure

Leasehold

Status

For Sale

Region

Northamptonshire

Sector

Garages

Rent Payable

£34,000 per annum.

Business Rates

£3,992 per annum.

Accommodation

No

Business Information

£450,000 + ASSETS & STOCK AT VALUATION.

Established since 2004, SDS MOT in Daventry is known for its comprehensive range of services including MOT tests for various vehicle classes, servicing, and repairs. They cater to a wide array of vehicles from classic to luxury cars, and even motorhomes, motor caravans, and horse-boxes, along with mopeds, scooters, and motorcycles. In 2013 they moved into their new, modern test centre which is complemented by a comfortable waiting area for customers, complete with amenities like free Wi-Fi and television. Offering great scope to increase turnover by opening on the weekends and offering additional, currently uncatered for services such as tyres, valeting, air-conditioning servicing and more, makes the business an attractive proposition. With a new lease to be granted on negotiable terms, please get in touch for further information.

THE BUSINESS

The business boasts a robust operation with a high volume of MOT services and a three-week advance booking schedule, indicating a consistent demand and client trust. The MOT station is renowned for its proficiency across all vehicle classes (1,2,3,4,5L & 7). This well-established business stands out as a one-stop solution, delivering both MOT testing, servicing and repairs. With an advantageous partnership with the local Ford dealer (opposite) and substantial recent investments, this opportunity marries great potential with a proven track record. Untapped growth avenues lie in additional services that the facility is equipped for but not currently offering, such as tyres, tracking, and air-conditioning re-gassing services.

A comprehensive list of equipment is included, ensuring readiness for a full range of automotive services including twin MOT lanes, 1 class 1 and 2 motorcycle lane, 6 vehicle lifts (4x 3-5 ton 2-post lifts, 2x 4 ton/3.5ton 4-post), 5 jacking beams, 1 Adequate Hydrovane compressor, various transmission jacks and stands, trolley jacks, storage racking, tyre changing machine, tyre balancing machine, floor cleaner, metal folder (if required), metal sheer guillotine (if required), Colchester lathe (if required), Bridgeport Manual milling machine (if required), 70 specialised tools for cam-belts and bearings and Mig welder.

PREMISES

Occupying a large unit with strategic enhancements, the premises feature two expansive roller-shutter doors, dual mezzanine floors (ideal for expansion) and two fully operational MOT lanes. The site has undergone a significant investment with £20,000 spent on new class 7 roller brake tester and £22,000 on block paving. It offers a five-year lease with a prospective freehold purchase in the fifth year. Equipped with six vehicle lifts and a robust security system, this fenced facility promises both functionality and security for the prospective owner. Mainly LED lighting throughout.

In addition to the main floor the mezzanine currently houses the engine room and a small office. There is also a comfortable customer waiting room and separate staff and customer toilets. One of the mezzanines would be ideal storage for expansion into tyres.

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ADDITIONAL INFORMATION

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: In order to release further information on the business – such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

REFERENCE NUMBER: P35695E.

OPENING HOURS: Monday to Friday, 8:00am to 6:00pm. Closed Saturday and Sunday.

TENURE: Leasehold. New 5 year lease to be granted with option to purchase Freehold in 5 years time.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the new lease.

RENT PAYABLE: £34,000 per annum.

RATES PAYABLE: £3,992 per annum.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: 1 full-time (vendor), 1 part-time (vendor), 3 additional full-time staff - correct at the time of listing.

EPC: Shows a rating of 'C/66' - expires 10th March 2034. Full EPC available on request.

PRICE: £450,000 + ASSETS & STOCK AT VALUATION.

For the benefit of the leasehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

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DISCLAIMER

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.