Garage for sale

3666

£499,995

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

WELL ESTABLISHED MOT, SERVICE & REPAIRS GARAGE
Advised annual turnover currently runs at 190,891
Situated in the quaint area of Blackford, Wedmore
High amount of regular & repeat trade
Early viewing highly recommended
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
FREEHOLD


Location

The business is situated on a main through road in the quaint and desirable village of Blackford, Wedmore. Wedmore is a thriving Village with three pubs/restaurants, a village hall and a very active community. The village has many historic buildings including the medieval church, a range of shops including essentials such as the newsagent, butcher, chemist etc, plus restaurants and tea rooms. Most cultural and sporting activities are catered for in the nearby area. There are excellent state and independent schools in the area including Wedmore First School, Hugh Sexeys Middle School and The Kings of Wessex Academy. The nearby Independent schools include Wells Cathedral School, Sidcot, Millfield, Taunton School. The property is within easy distance of the M5 which gives excellent access both north and south. Bristol international airport is approximately 17 miles north.


Business History

Meridian Business Sales are delighted to offer for sale this exceptional MOT garage which was established by our clients around 35 years ago. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have run the garage 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 190,891 which is derived from offering professional MOT, garage, service and repairs services to a wide range of 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 this superb business is not to be missed.


Financial Profile

Turnover: 190,891pa
Gross Profit: 65%
Stock Approximately: 2,000


Tenure

We are advised freehold


Opening hours

Monday Friday: 8:30am 4:30pm
Saturday: 8:30am 1:00pm
Sunday: Closed


Accommodation

Single storey purpose built unit, briefly comprising:

GROUND FLOOR

Secure roller shutter entrance leading to:
Open plan garage

MOT class 4
Rear ramp

Perimeter storage space

Tyre storage/display

Kitchenette area

Office
Toilet facilities

Customer waiting area/reception
MEZZANINE FLOOR

Storage area
Office
EXTERNAL

Rear car park for approximately 12 vehicles
Ramp/work area

Nearest station

  • Highbridge & Burnham (5.5 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

  • Highbridge & Burnham (5.5 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 3666. 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.

Map data OpenStreetMap contributors.