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MOT Garage Service Centre - King's Lynn

Kings Lynn, Norfolk

Advert ref: 3053TPBW

Established in 1990, located in the centre of Kings Lynn, a 2 minute walk from the main town centre. Great mixture of customer base, company fleet work undertaken and local garages are regular clients. 
Provides a variety of professional services in Car Servicing and Repairs, Class 4 MOT and MOT Repairs in addition to other areas of car aspects such as Car Batteries, Exhaust, Breaks and Engine Diagnostics
The well-presented premise consists of a well sized service garage area with 1 MOT bay, fully equipped.  
The garage is fully equipped with all of the machinery and tools needed to run the business to its full potential.
 List of assets available.
 The premises are fully secured with  CCTV cameras covering the whole garage area, from inside, outside and by the front door
The owner is wanting to retire, but will provide a very supportive handover, if required.

Key features:

  • Established in 1990
  • Great location in a very busy trading estate, centre of Kings Lynn, a 2 minute walk from the town centre
  • Extremely well maintained property, with a reception, kitchen area, toilets and a large storeroom with machine shop area
  • MOT testing station (ATL) - all equipment up to date
  • Unit fully secure with robust CCTV and alarm system
  • Will suit an owner operator 
  • Potential to grow this business
  • Asking Price £350,000
    Goodwill - £150,000
    Freehold - £200,000
  • Apprentice in second year of training with the possibility of remaining with the business.
  • Retirement sale. Will provide a very supportive handover.

Property Details: Freehold
Asking Price: £350,000 (Freehold)

Premises Details:

245sqm valued at £200,000

Size in Sq Ft: 2640
Reason For Selling:
Retirement sale

MOT Garage Service Centre - King's Lynn Kings Lynn, Norfolk

Financial Details

  • Freehold: £350,000
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed