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Business for Sale Overview:

Established in 1983 and situated in its current, very well suited premises in 1998 and ideally located in one of Surrey’s major commercial centres, this business is a member of one of the leading networks of independent garages in the UK. With a very well trained and highly skilled team of Technicians – including some widely acknowledged as being amongst the best in the country, this business is one of the leading outlets in its area for Class IV MOT’s and the service, mechanical and electrical repair and maintenance of cars. But it is perhaps in the area of diagnostics where this business stands out from its competition having significantly invested on a consistent basis in the latest diagnostic equipment – to such an extent that this business undertakes not only its own diagnostic work but also on behalf of a number of nearby garages.

Property Features and Assets:

The business is prominently located on a major thoroughfare, just outside the town centre of one of Surrey’s more affluent towns. There are many towns and villages within just a few miles providing a healthy customer flow and passing trade. This business operates from very clean and presentable premises maintained to a very high standard including a Customer Reception area with workshop viewing, a well-equipped workshop with four bays plus an MOT rolling road with office accommodation and an extensive parts storage area situated on a mezzanine floor. There are six parking bays plus another allocated for the use of disabled customers to the front of the premises. . With approximately 2,500 square feet of workshop, the premises were purchased by the current Owners of the business and are currently leased to the company at an annual rent of £18,000. Rates are currently approximately £550 per month. The premises will be available leasehold to the new Owners of the business, term and rent to be agreed subject to negotiation. Alternatively the freehold could also be made available. A recent conservative valuation suggested the freehold to be in excess of £280,000.

Market Competition and Expansion:

With a presence in the town stretching back to the early eighties, this business enjoys high levels of awareness amongst local motorists and as a result invests little in marketing and advertising. It enjoys high levels of repeat business and strong word of mouth recommendation – boosted by excellent write ups from its participation in the recently launched ‘Good Garage scheme’ - from its extensive loyal client base, testimony to its many years of operation and the high levels of customer service this business has consistently achieved. Through its affiliation to a network of independent garages this business has access to a wide range of marketing plans aimed at boosting performance across all sectors of the business.