10 St. Loys Rd Haringey, Tottenham, N17 6UA

Prime Industrial & MOT Garage – Tottenham N17

An opportunity to acquire a well-established MOT, body repair, tyre and mechanical servicing centre in a high-demand location in Tottenham N17 - an area undergoing rapid regeneration with strong commercial activity. Trading for over 25 years, the business offers immediate income, a strong local reputation, excellent reviews, and clear potential for future growth.

Garage

• Units 1 & 2
• Turnover approx. £350,000 per annum
• Approx. 315 sqm / 3,396 sqft plus yard 310 sqm / 3,335 sqft
• Secure yard/parking for 12 vehicles
• AA Approved Garage
• Class 4 MOT testing licence
• 3 ramps, tyre bay, and compressor
• Ground floor office, WCs, kitchenette, and mezzanine (office/storage)
• New roof and concrete flooring
• Premium of £250,000 – includes goodwill, equipment, fixtures, and fittings.

Lease:

• The property is held on a single renewable head lease covering all three units (1, 2 & 3) with five years remaining at £50,000 per annum.
• Units 1 & 2 – Occupied by the garage business. (Business rates: £3,600 p.a)
• Unit 3 – A single storey, 370 sqm / 3,982 sqft unit currently sublet to an upholstery company. The tenancy has expired and continues on a holding - over basis at £25,000 per annum (Business rates: £2,400 p.a).

The incoming owner has the flexibility to either occupy Unit 3 to expand operations and introduce additional services - such as Class 5/7 MOT testing or car sales - or continue subletting the unit to generate passive income.
Interested parties should verify business rates and potential reliefs directly with the local authority.

Expansion Potential:

• The business operating well below capacity due to space not being fully utilised, reduced owner involvement and general underpromotion of the business. 
• Option to occupy Unit 3 to expand operational capacity and introduce additional services.

Business Sale Includes:

• Premium £250,000 incl. goodwill, fixtures, fittings, and equipment. No VAT.

An ideal turnkey site for operators or investors seeking a profitable, ready-to-run business with scale-up potential.