Garage for sale

Clovelly Road Industrial Estate,Bideford,EX39

£89,000

Property Description

Full description

Tenure: Leasehold

MOT SERVICE & REPAIRS GARAGE - DEVON
Repeat custom built on an outstanding reputation
Long established and highly reputed business
Early viewing essential to fully appreciate
Situated in the coastal town of Bideford
Advised annual turnover of 365,000
Scope for further development
Sells used motor vehicles
Genuine reason for sale
LEASEHOLD


Location

This garage is located on a busy trading estate in the coastal town of Bideford. Bideford is a port town on the estuary of the River Torridge in North Devon. In the 16th Century Bideford was Britain's third largest port. Today the narrow town centre streets lead down to a tree-lined quay, which bustles with fishing vessels, cargo and pleasure boats. Clay is the principal export loaded onto boats at Bideford. The quay was refurbished, with completion in 2006 to provide flood defence. Bideford is served by the Atlantic Highway and A386 roads which link it to Barnstaple and the North Cornwall coast. The nearest railway station is at Barnstaple 7.5 miles (12 km) away. A ferry operates between Bideford quay and Lundy, which lies about 22 miles (35 km) away in the Bristol Channel.


Business History

Meridian Business Sales are delighted to offer for sale this superb MOT, service and repairs garage which has been established by our clients in 2006. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 365,000 which is derived from the provision of a full range of garage services and MOT's as well as the sale of used vehicles. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 365,000pa
Gross profit: 102,200pa


Tenure

Leasehold
Original length: 15 years
Remaining: 9 years
Rent: 14,000pa


Opening Hours

Monday - Friday: 8:30am - 5:30pm
Saturday - Sunday: Closed


Accommodation

Well appointed unit with CCTV and 2 shutter entrance, briefly comprising:

Unit 1 (Ground Floor)
Open plan garage, MOT bay, scissor ramp, 1x 2 post, ramp, compressor, diagnostic equipment, tech 2, vauxhall diagnostics, MDI Vauxhall main dealer equipment, peugeot main dealer equipment autoreed & Pillar drill

Customer Entrance
Secure entrance leading to service reception, sofa seating, toilet facilities, cabinet displays, coffee machine & desk with computer systems

Unit 1 (First Floor)
Mezzanine floor with storage space, private office with computer systems, staff area with dishwasher, basins, fridge/freezer etc & payment desk with PDQ machine

Unit 2
Roller shutter entrance, large unit, storage space, 2x rotary 2 poster lifts, hydraulic press, steam machine, diesel pressure washer cleaner, vacuum and wet vac for valets, smog machine for deodorising, tyre filling machine, digital tyre balancer, 3 hydraulic stands and jacks, 1 transmission jack, 1 engine support bar, hydraulic engine crank, hydraulic spring compressor, manual spring compressor & parts washer

EXTERNAL
Large car display forecourt for approximately 14 vehicles as well as private and customer parking


Nearest station

  • Barnstaple (8.7 mi)
Distances are straight line measurements from centre of postcode

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

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Barnstaple (8.7 mi)
Distances are straight line measurements from centre of postcode

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

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 3278. 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.

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