Parking/garage for sale in Copperworks Road, Llanelli SA15

£149,950
Parking/garage for sale
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Property description

Business
Hilton Smythe welcomes to the market the mot Centre. This very well-established Motorcycle Mot centre, which is currently run on a very part time basis, due to the owners age. He presently carries out around 3/4 Mot’s each morning and then closes.

However, there is great potential and opportunity to increase this into a full-time business, to include repairs and servicing as well. The new owners would need to invest in a rolling road, although we believe from the owner that these can be leased at very reasonable rates.

The current stock value is circa £50,000 which includes several motorbikes.

The business itself has been run by the current owner for the last 36 years and is very well known in the area. The owner is now looking towards a very well-earned retirement.

Location
The mot Centre is situated on the outskirts of Llanelli. It is the largest town in both the county of Carmarthenshire and the preserved county of Dyfed, Wales and sits on the Loughor estuary on the West Wales coast, approximately 10 miles west-northwest of Swansea and 12 miles south-east of the county town, Carmarthen. The town is famous for its proud rugby tradition and is a centre of tinplate production.

The town of Llanelli with a population of some 35,000 people, is a coastal town where the Welsh language is still widely spoken. It has a long association with the tinplate, steel, and coal mining industries, and is the home of the world-famous Llanelli Scarlets, one of Wales’ four regional rugby teams. Llanelli is currently being transformed as it benefits from £60 million regeneration programme.

Premises
The premises are set within a large stone building, with the very spacious ground floor workshop offering plenty of space for the business to grow and thrive. With equipment to include boring machine, bench with vice, shelving/racking etc and much more.

On the first and second floors, we have a good sized 2/3 bedroom flat consisting of lounge, kitchen, dining room, shower room, 2 bedrooms on the first floor and a large open plan second floor loft presently used as an occasional bedroom 3. The accommodation has a fitted gas boiler. Parking is available to the front. There is potential with the accommodation to let out to generate additional income.

There is much potential for further improvement and development.

Tenure
We are advised that the business is being sold as a Freehold opportunity.

According to the voa website the current rateable value is £3,650 however the business benefits from small business rate relief so has nothing to pay.

Hours
The business currently opens on limited hours.

Monday to Saturday 9.00am – 1.00pm

Staff
The business is currently run by the owner.

Financial Profile
The business is run very part time at the moment, but still earns around £20,000-£25,000 per annum for mot work only.

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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