Retail Property (high street) for sale

Squires Gate Lane, Blackpool, FY4 3RF

£30,000

Property Description

Key features

  • LONG ESTABLISHED GARAGE BUSINESS
  • MAIN ROAD POSITION
  • SUBSTANTIAL TURNOVER AND PROFITS
  • ORIGINAL 7 YEAR LEASE FROM 2012
  • EPC Rating E

Full description

- M.O.T & CAR REPAIR BUSINESS - LONG ESTABLISHED & WELL KNOWN - EXCELLENT TRADING ACCOUNTS WITH GOOD PROFITS - VEHICLE BAYS PLUS PUBLIC CAR PARKING -

Description: An Established Garage Business located in a main road position on Squires Gate Lane at South Shore. The leasehold premises provides a Workshop & M.O.T Bay plus 2 Tyre Stores & 2 Offices, total area approximately 260 sq m (2,800 sq ft). Forecourt with in and out access and Parking for 6 Cars plus a covered tyre bay. Substantial turnover and profits produced. Viewing recommended.

Ground Floor: Workshop with bay 3.6m x 5.2m. Main Workshop and M.O.T Area 11m x 9m. Additional workshop area 4.5m x 8.2m with lean-to tyre store 5.2m x 8.2m. Sectional concrete tyre store 4.8m x 4.8m. Office & Reception 2.7m x 9m.

First Floor: Office - approx 5.2m x 3.7m. Separate W.C.

Exterior: Drive in and out forecourt, parking for 6 cars plus covered tyre bay.

BUSINESS: The business operates Monday to Friday 8am to 5.30pm and Saturday 8am to 1pm. Staff includes Owner plus 2 x Full Time Mechanics. The garage provides MOT, Services, Repairs and Tyres with extracts from the vendor accounts (2016) confirming turnover levels in excess of £245,000 with a 48% gross profit margin - after wages have been paid. Substantial net profits. Full accounts will be made available to interested parties after viewing.

SERVICES: 3 Phase Electric and Water services connected.

TENURE: Leasehold. Original 7 year lease from 2012. Rent £300 per week (£15,600 PA), Internal Repairing Term.


These particulars are intended only as a guide to prospective purchasers or tenants to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way or for any purpose whatever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the agent nor the vendors or landlord are to be or become under any liability or claim in respect of their content. In the event of the agents or the vendor or landlord supplying any further information or expressing any opinion to a prospective purchaser or tenant, whether verbal or in writing, such information or expression of opinion must be treated as given on the same basis as these particulars.
To make an offer please make an appointment with this office prior to contacting your Lender or Solicitor, as this may result in unnecessary costs being incurred, or the property being sold elsewhere.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it..


Nearest stations

  • Squires Gate (0.9 mi)
  • Blackpool Pleasure Beach (1.1 mi)
  • Blackpool South (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Broomheads Commercial Agents , Blackpool

274 Church Street, Blackpool, FY1 3PZ

01253 469106 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 stations

  • Squires Gate (0.9 mi)
  • Blackpool Pleasure Beach (1.1 mi)
  • Blackpool South (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Broomheads Commercial Agents , Blackpool

274 Church Street, Blackpool, FY1 3PZ

01253 469106 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 SQU297. 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 Broomheads Commercial Agents , Blackpool. 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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