Clarks Garage, 300 & 302 Chigwell Road, Woodford Green, Essex, IG8 8PN
- SIZE
Ask agent
- SECTOR
Petrol station for sale
Key features
- Fuel Sales c. 3mlpa
- Scope to develop (STPP)
- Family owned - Retirement sale
- Free of fuel ties
- High daily traffic volumes / good visibility
- Shop sales c. £9,500 pw
- Christie & Co Ref: 1418291
Description
The property comprises of a canopied petrol filling station with accompanying retail store, and MOT testing centre and testing bays. In addition, the site is being sold with the neighbouring site included which is currently trading as Manford Motors.
Manford Motors occupy the title of 302 Chigwell Road. The site offers customer parking to the front for c. 10 vehicles and workshop leads through and connects with MOT centre to the rear.
The combined sites measure approximately 0.39 of an acre and is predominantly hard standing throughout.
The forecourt consists of five islands each with 4 nozzles, totalling 20 nozzles supplying unleaded and diesel fuels. In addition, the site has recently introduced a modern roll-over cash wash machine alongside its other additional services offerings which include an air machine.
The convenience store is currently c. 500 sqft, but there is further potential to increase the size of the trading area (STPP).
Situated in the well-connected suburban area of Woodford Green, just outside Chigwell, this established Petrol Filling Station occupies a prominent position on Chigwell Road (A113).
This well-located forecourt and convenience store benefits from being on a key arterial route linking East London with Essex, with direct access to the North Circular (A406) and M11 motorway. The site enjoys strong visibility and consistent passing trade from both directions, with traffic flows increasing significantly during peak commuting hours and summer months.
The business draws custom from a mix of local residents in Woodford Green, Chigwell, and South Woodford, as well as from a number of affluent surrounding neighbourhoods. Its strategic roadside position ensures a steady stream of transient trade from motorists travelling between Central London and the M25 corridor.
We are advised by our clients that the fixtures and fittings are wholly owned and will be included within the sale.
Property DetailsThe retail unit is currently independently branded and as such, is considered “free of tie”.
The detached convenience store building offers additional ancillary areas to the side and rear. The store offers a wide range of convenience and household goods, fresh and frozen foods, confectionery and soft drinks, news and magazines, off licence, tobacco and car care. There are multiple chillers, and the remaining sales area has gondola style display shelving.
Located to the rear of the site are MOT testing bays and separate employee areas including an office space and W/C.
The total sales and ancillary space is approximately 500 sqft.
AVAILABLE BY SEPARATE NEGOTATION – There is a 3-bedroom end of terrace property benefitting from off-road parking, and in reasonable condition available directly opposite the forecourt suitable for staff accommodation.
The OpportunityThe business has been owned and operated by our clients in excess of 30 years but has been owned by the family since 1956 – given the time in the industry, it is now a great opportunity for a retirement sale.
The site is very well established within local community but given its prominent location on the corridor between East London and Essex, it also benefits from passing traffic with average daily traffic counts in the area of c. 48,000 cars.
There are 2 freehold properties being offered for sale as a package, Clarks Garage occupies 300 Chigwell Road which is the operational petrol station, C-Store and MOT/workshop, with 302 Chigwell Road, which is currently occupied by Manford Motors.
This provides a fantastic opportunity for future development to extend the forecourt and C-store (STPP) to create a market leading and “Go to” business.
The business is run with the assistance of part time and full-time members of staff.
The Transfer of Undertakings Protection of Employment (TUPE) regulations shall apply to all employees, requiring purchasers to offer continuity of employment to all staff.
The total sales for the year ended 28/02/2025 £3,861,242 which shows an adjusted net profit of c. £400,000.
A breakdown of annual sales are approx. as follows:
Fuel Sales (ltrs): 3,000,000
Shop Sales (£): £500,000
MOT/Workshop (£): £400,000
Additional trading information is reserved for seriously interested parties
Petrol Station & Shop:
Monday – Friday: 5am–9pm Saturday: 6am – 9pm
Sunday: 7am – 9pm
We have been advised that the properties are held freehold ownership however please note, we will also be selling the shares of the operating company known Clark’s Garage Ltd.
Brochures
Clarks Garage, 300 & 302 Chigwell Road, Woodford Green, Essex, IG8 8PN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Woodford Station0.6 miles
- South Woodford Station0.8 miles
- Roding Valley Station1.2 miles
Notes
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