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2 bedroom commercial property for sale

Bredenbury, HR7

£599,500

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

Ref: 2706 - EXCEPTIONAL FREEHOLD GARAGE WITH MOT, FUEL, RETAIL SHOP & CAR SALES
High passing trade location in the village of Brendenbury, Herefordshire
Advised annual turnover of £162,693 with good gross profit returns
Currently operated at a relaxed pace with huge growth potential
Early interest and viewing is highly recommended
Sale price includes all general fixtures and fittings
MOT class 2-4 plus large vehicle sales area
Luxury 2 bedroom owners’ accommodation
FREEHOLD

Location

This exceptional freehold garage has a prime high passing trade location in the village of Bredenbury which is in Herefordshire. The property stands proud on the busy A44 Worcester Road which links several major areas including Worcester to Leominster. The road is used to give access to Mid Wales and as such sees a huge amount of passing motorists on a daily basis. Bredenbury is a beautiful countryside village which offers a quiet and tranquil quality of life. The village has a fantastic variety of open countryside and quaint village passages which make it hugely popular with walkers and cyclists. The village also benefits from having many popular neighbouring areas including Worcester, Hereford, Ledbury and Ludlow to name only a few. The location also benefits from being less than 20 miles from the M5 motorway making visiting and commuting very easy.

Business History

Meridian Business Sales are delighted to offer for sale this excellent garage opportunity which has a proud history dating back to the early 1940s. The business has been owned and run by our clients since 1988 who are only now placing it onto the market due to their strong desires for retirement. The garage which is currently run at a relaxed pace achieves a very respectable advised annual turnover of £162,693 which is derived from providing MOT class two and four with general vehicle service and repair work. The garage also has large front vehicle retail space which also contributes to the business turnover. The garage has 4 fuel pumps which are in full working order as well as a convenience style shop which are not currently being used. A new owner has the option to re open these services and would inevitably dramatically increase the already respectable turnover. The property also features luxury 2 double bedroom private accommodation which is a big plus for a new owner who does not currently reside from a commutable distance. Our clients are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional moneys will not need to be spent for the foreseeable future. This is an ideal lifestyle change opportunity for a couple or individual who are looking for a well placed business with huge growth potential.

Financial Profile

Turnover: £162,693pa
Gross profit: 61%
Stock approximately: £12,000

Tenure

We are advised freehold

Opening Hours

Monday: 8:30am - 5:00pm
Tuesday: 8:30am - 5:00pm
Wednesday: 8:30am - 5:00pm
Thursday: 8:30am - 5:00pm
Friday: 8:30am - 5:00pm
Saturday: 8:30am - 1:00pm
Sunday: Closed


Accommodation
Well presented and highly visible facility offering large front and side vehicle sales and parking, 4 fuel pumps, retail shop, management office, service and repair garage, separate MOT garage with waiting area and office, first floor luxury private owner flat with balcony. Exceptionally well presented throughout
Service and Repair Garage

3 well spaced ramps

Perimeter tool storage

Tyre bay area

Toilets (customer and employee)

MOT Class 2-4

Waiting area and office with systems
Office

Management office seating 3-4

Desks, chairs, computer systems and paperwork storage
Retail Shop (currently unused)
With perimeter shelving and fitted serving counter

Luxury living accommodation
(On first floor situated above the MOT building)
Large balcony with countryside views

2x double bedrooms with fitted wardrobes and dressers

Bathroom with toilet, wash basin, bath and separate shower

Lounge

Kitchen with worktops, wash basin, cupboards and drawers

Loft storage area

External

4 fuel pumps (currently unused)

Front and side vehicle sales and parking for 30-33 vehicles

Additional parking areas/overspill parking



To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

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Disclaimer

Property reference 2706. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.