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Well Established Mot & Service Station For Sale

Radstock, Somerset, UK
Asking Price:
£39,995
Sales Revenue:
£100,000
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market, Norton MOT & Service Centre.

Norton MOT & Service Centre was founded approximately 14 years ago and is well known to the residents of Midsomer Norton.

The current owner has run the business successfully and lucratively and it has been a real labour of love for him. Alas the business is now being sold, albeit reluctantly and with a heavy heart only so that he concentrates on his other business interests.

Norton MOT & Service Centre is an MOT station offering class 4, 5 & 7 MOTs.

The business employs fully qualified technicians who will carry out an MOT for their customers and in the event of a fail will rectify the problem, always looking for the most cost effective way of achieving this without comprising their customers safety.
As a DVSA approved MOT Centre, everything the business does is strictly monitored and failure rates must reflect national averages.

The business prides itself on carrying out all work to the highest standards and where a cheaper option is available it is offered as a matter of course. Additionally, the business offers;

• Dealer Approved Servicing for all makes and models
• Any Car, Any Age
• 4 Wheel Laser Alignment
• Air conditioning servicing and recharging
• Tyres, Exhausts and Batteries
• Engine Diagnostics
• Engine Rebuilds
• Brakes and suspension
• Mechanical repairs
• Clutches
• Exhausts

The sale will include the business website (---------------.--.--) and the business has good visibility on the internet along with many great reviews.

The business has an impressive number of regular customers, many of whom are known on a first name basis by the owner who is a well-liked and respected member of the local community.

The business also offers a free collection and delivery service which is popular with older residents in the area.

Scope to Improve
1. Advertising and marketing campaign
2. Maximise the use of social media, particularly Facebook and Twitter
3. Update the existing website ideally with an online booking facility
4. Extend the opening hours
5. Employ apprentices
6. Increase the signage from the main road to drive more customers to the business.
7. Offer discounts to OAPs, NHS employees, Armed Forces etc
8. Explore online voucher discounters such as Groupon and Wowcher.
9. Introduce car sales/hire.

Reasons to Buy.
1. A well-established business with an enviable reputation and many existing customers
2. Current owner happy to offer a handover to ensure the continued success
3. Prime trading position on a busy industrial estate with ample free parking
4. A real opportunity to increase turnover significantly, current owner has been running at a pace to suit due to their business interests
5. Offers potential sub-letting opportunity of the first-floor offices.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Norton MOT & Service Centre is Located in Midsomer Norton in the county of Somerset.

Midsomer Norton is a town near the Mendip Hills in Bath & North East Somerset, 10 miles South-West Of Bath, 10 miles North East of Wells, 10 miles North-West Of Frome And 16 miles South-East of Bristol. It has a population of 10,997.

Along with Radstock and Westfield it used to be part of the conurbation and large civil parish of Norton Radstock but is now a town council. It is also part of the unitary authority of Bath and North East Somerset.

Midsomer Norton is characterised by the River Somerset which runs the length of the town centre, the River itself was regenerated with new plant life during the summer of 2012 in a bid to improve the aesthetics of the town centre. Overall employment levels in the area remain very high.

Midsomer Norton provides shopping and service industries for the surrounding areas and supports several music venues and bands.

The town has four primary schools and two large secondary schools. Midsomer Norton is home to a leisure centre, several sports clubs and provides youth opportunities such as Scouts and Guides. It has been the birthplace or home to several notable people.

Norton MOT & Service Centre is ideally situated in an unusually busy and vibrant industrial estate, alongside other complimentary businesses and thus receives good levels of footfall and passing trade.

The business is nicely presented and maintained with clear visible signage and free customer parking immediately outside the premises.

Premises
Norton MOT & Service Centre occupies a generous (330. 5sq.m), purpose built, end terraced industrial unit and is nicely presented and maintained and briefly comprises;

Reception
With window and pedestrian door to front, window to office and customer waiting area with comfy seating

Toilets
There are two toilets, each with a close coupled lavatory and hand wash basin

Kitchenette
With stainless steel sink and drainer and room for kettle and microwave.

Office
Generous Managers Office with windows to the front and dual aspect to workshop, carpeted floor and room for several desks and filing cabinets.

Workshop
Generous workshop, fully fitted with all necessary MOT paraphernalia, high ceilings, two roller floors to front, 1 two poster ramp and 2 four posters, work benches, diagnostic equipment, useful walk-in store.

First Floor

To the first floor and accessed by stairs from the reception area are two good sized offices. These are currently used for storage but could be sub-let to provide an additional source of income. Indeed, the current owner of the business may be interested in renting these offices from a new owner.

Office 1
Generous office, dual aspect with windows to rear and overlooking the workshop below, fluorescent lighting

Office 2
Another good-sized office with fluorescent lighting enhanced by adjustable spot lighting.

The premises are secure by a monitored alarm system and a 4 camera CCTV system.

Tenure
We are advised that the business is being sold as a Leasehold business opportunity. The existing lease expires in April of this year, but we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The rent is currently £25,000 per annum which is reasonable given the size and location of the premises.

We are advised that the business rates payable are approximately £9000 Per Annum.

Hours
Monday to Friday 8.30-3.00pm
Saturday 8-12pm
Sunday Closed

Staff
The business is run and managed by our client with the help of his son and another full-time member of staff.

Financial Profile
Norton MOT & Service Centre generates an advised current turnover of circa £100,000 per annum. It needs to be stressed that the business is currently being run at a pace to suit due to other business interests and has enjoyed higher turnover previously.

Property Information

Property:

Leasehold

Contact Information

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