Garage for sale

Panniers Lane, Hereford Road, Bromyard, Herefordshire, HR7

Guide Price £949,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops, B1 Business and B2 General Industrial

Key features

  • Established business
  • 1 acre site with development potential
  • Potential to increase retail sales
  • High turnover
  • Proffitable
  • Genuine retirement sale
  • Potential to live above

Full description

Tenure: Freehold

Petrol Station, MOT station & Garage Services For Sale In Bromyard, Herefordshire
Potential Development Site For Dwellings (1 acre)
Ref 1074

Location

This outstanding concern is located on the southern edge of the town on the A465 which is a short distance from the busy A44. It is classed as a semi rural location with stunning views of open countryside. Bromyard is Herefordshire's most unspoilt market town and offers much to it's visitors to see and to do. Malvern, Worcester, Hereford and Ludlow are just a short drive away.

Financial information

Asking price: 949,950 plus SAV
Turnover: 906,906 pa
Gross Profit: 172,550
Stock value: 30,000

Business Description

Veritas Business sales are delighted to offer for sale this established petrol station, MOT station and garage services concern. The business has been trading for over 50 years and been in the careful hands of the current owners for the past 16 years. Reluctantly the business is being offered for sale but the owners are seeking a well earned retirement. Since ownership of the business they have continually invested in new and workshop equipment which is all bought and paid for and included within the sale price which means any new purchaser will not have to spend any additional funds for some time. The business has an annual turnover of 906,906 of which 575,159 is fuel sales, 209,374 is car repairs, and 47,635 from tyre sales. The remaining 74,738 comes from retail where they sell, confectionary, ice cream, drinks, newspapers, alcohol, car parts and accessories. The Gross profit is 172,550 which returns a healthy net profit. The business is owner operated but has the help of 5 full time and 2 part time members of staff. We believe that there is further potential for any new operator to look at expanding on the car sales along with the retail sales by way of joining a multiple brand and there is scope to convert the first floor offices into accommodation and live on the premises. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting passers by. We consider this a rare 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.
Opening Hours

Monday - Friday - 7am - 6pm
Saturday - 7am - 1pm
Sunday - 8am - 12pm

Ground Floor

Retail sales area comprising, sales counter, central display isle, sales and display shelves, dairy fridge, ice cream fridge, drinks cooler, and microwave.
Office with desks and chairs
Hallway
Tyre bay fully equipped with racking for tyre storage and additional MOT office area
4 Bay workshop with MOT bay, 2 x 2 post ramps, work benches, gas smoke analyser and various other tooling.
Staff W/C and wash basin
Parts store/staffroom with seating and tea & coffee area
Rear workshop
Workshop/store room

First floor

Room 1 office
Room 2 office
Room 3 & 4 is one large office
Room 5 office
Room 6 office
Room 7 office
W/C
Shower cubicle
Kitchen

External

Front forecourt with fuel tanks for 6 x nozzles
Car sales display and parking for (50) vehicles
Calor gas cage
Rear with additional parking, red diesel tank and low sulphur commercial vehicle tank


Nearest station

  • Leominster (9.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 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

  • Leominster (9.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 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 1074. 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 VERITAS BUSINESS SALES LTD, Solihull. 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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