Leasehold MOT, Sales, Media & Vehicle Mechanical Repairs Centre Located In Solihull

Leasehold MOT, Sales, Media & Vehicle Mechanical Repairs Centre Located In Solihull
Full Dealership Capabilities
Twin Lane MOT Facility
Sales/Media/Events Suite
14,000 Sq Ft & Parking For 40 Vehicles
Ref 2991

Asking Price £249,950 plus VAT

Location
This highly rated facility is located in Solihull, West Midlands. Situated in a prominent trading position at Monskpath Business Park. The area has a vast number of independent businesses along with a large number of national businesses, all of which bring high levels of footfall to the business park. Solihull is a large suburb of Birmingham, which is home to all the city's large franchised car dealerships within a close proximity of the facility. It is located within easy access from the A34 - Stratford Road, as well as the M42 from Junction 4. Population numbers of local residents are very high, with a high socio economic demographic and higher than average disposable income levels.

Business Description
Veritas Business Sales are privileged to offer to market this absolutely superb Car garage location, ready for an owner-occupier Independent garage / Car sales operation, or corporate dealership operator to take on. The buildings are located within a modern and well serviced professional Business park. The site has been used as a Car repair, testing and sales centre since 2013 and has been in the careful hands of the current owners since inception. The site was purpose built as a Car service and repair centre, and has obtained all the necessary permissions as a retail operation, the site was expanded in 2022 to incorporate a sales and media centre in the neighbouring building which has been fitted out to a high standard, and provides versatility of use, as a showroom, media centre as well as an events space, with multiple offices and entertainment areas. The site can accommodate 30-40 vehicles a day. The building's leases are now being offered for sale, as the current business owner is seeking to relocate the existing operating business to a larger freehold development opportunity outside of the area for additional capacity and growth.
Since commencement of operations on site in 2013, the buildings have been extensively fitted out with offices and staff welfare facilities, expanding to 13 ramp bays, a tyre fitting and balancing area, as well as a car detailing, valet and photography suite including a mechanical turntable and professional lighting diffuser. The sale includes all the fixed office areas, mezzanines, photo studio, kitchens and office spaces. With heating, ventilation and air conditioning fitted where required. The workshop area is fully fitted out with air lines, inc. air compressor, waste oil storage, full workshop electrics ready for ramp fitments to the owners specifications, and the twin MOT area. Service site is also fitted with an exhaust air extraction system, and both areas include full security alarm (police call grade), CCTV throughout and fire alarm systems. The electronic up and over doors are further guarded with an electronic cut off and security bollards. The business has achieved upwards of £8m in revenue per annum, and offers scope and facilities for another operator to do the same and more. It offers a fully turnkey operation ready for a current operator to expand into. The site around the buildings provides ample overflow and communal car parking for staff and visitors, with high roof capacity and truck access with onsite security and secured gated access overnight. The site can be used 24 hours of the day. As an established and work tested site, this sale provides a fantastic opportunity to purchase a work ready site, with immediate income capability. With a multitude of growing Car dealership groups in the local area, early viewing is highly advised. It's extremely difficult to obtain professional business park space for this permitted use with landlord consent, and Monkspath business park is a highly desirable work location in the very upmarket suburb of Solihull.

Opening Times
Monday – Friday – 08:00 – 17:30
Saturday – 08:30 – 13:00
Sunday – closed

Leasehold
Term: 10 years
Remaining: Expires 2032 (can be extended).
Rent: Service Unit: £88,264 pa. Sales Unit: £48,555 pa.
Business rates: TBC
Service charges: TBC
Size: Both units total area circa 14,000 Sq ft.

Service unit includes: Ground Floor: Entrance Lobby, Customer reception area, Customer waiting room, Workshop control room, Guest and staff toilets, Staff canteen, Secure storage and dedicated MOT office for two MOT testers, the rear of the property provides a fenced compound area for additional vehicle storage as well as secured bin storage. Upper mezzanine area is load bearing and has a pre-set stairwell for future office expansion, at the moment this area is being used as an open storage area. Workshop includes a fitted large gas heater, air extraction system, roof fans, and a large workshop heater. All electrics, cabling systems and airlines will remain in situ.

Sales area includes: Entrance lobby, Sales office, Guest reception area with kitchen facilities and toilets, Store rooms, Multiple commercial Safes, Valet/prep area, Photo suite with mechanical turntable, and winch operated large upper light diffuser and showroom area. Upstairs on the mezzanine, the accommodation includes 2 management offices, large meeting/training room, and an open media/sales work area. The area also includes a large fitted gas heater and staff kitchen area.

External
Allocated parking spaces surrounding the building on three sides, and rear compound area for valeting and storage.