Horsepond Meadow, South Molton, Devon, EX36
Offers in Region of
£365,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Garage for sale
Key features
- Roadside garage premises on edge of Town Centre
- Refurbished garage premises with works including MOT bay, 2 x electric roller shutter doors, concreting, painting, waste oil system
- Main workshop 1,500 sq.ft (139 sq.m) with MOT viewing room and office
- Separate detached workshop of 361 sq.ft (34 sq.m) suitable for tyres, paint shop, body work, storage
- Access and parking to front with additional side parking for approximately 16 vehicles
- Eligible for 100% small business rates relief
Description
LOCATION
Known as the 'Gateway to Exmoor', South Molton is a traditional market town set in beautiful countryside and not far from North Devon's beaches - yet it is also just 25 miles from the M5 via the main A361, and around 45 minutes from the airport at Exeter. South Molton's resident population of 6,000 (including nearby villages) will soon be expanded thanks to the imminent 1,200 new houses outlined on the Local Plan, and will continue to be joined by visitors attracted to the town's traditional centre and wide range of independent businesses. The notable towns of Barnstaple (11 miles), Bideford (20 miles), Ilfracombe (25 miles), Tiverton (19 miles) and Torrington (18 miles) are also nearby.
THE SITUATION
The roadside premises is located on the B3226, adjacent to a number of other commercial users on a, close by, small Trading Estate on the edge of Town. The Town Centre is a level walk from the premises, either via Cooks Cross or South Street.
THE PROPERTY AND CONSTRUCTION
The detached premises are of steel portal frame construction under a profiled and insulated pitched roof, with insulated cladding and brickwork to the front with internal blockwork. The main workshop extends to 1,500 sq.ft (139 sq.m), with two electric roller shutter access doors as well as a customer personnel entrance door. Internally there is an entrance lobby, toilet facilities, admin office, MOT viewing office and a mezzanine floor office. Specification of the premises includes lighting, waste oil system, 1 x 2 post ramp, 1 x 4 post ramp, MOT bay and rolling road. To the rear of the premises is a compressor room as well as an additional detached workshop of 361 sq.ft (34 sq.m) which would be utilised as tyre bay, paint workshop etc. There is onsite parking for approximately 16 vehicles as well as additional parking, turning and access in front of the main workshop. Access and parking for the premises is made easier with an access road to both the front and rear of the premises.
THE PROPOSAL
Our clients are inviting offers for the Freehold interest of the property.
THE BUSINESS
Although not being sold as a going concern the business as only been trading as a garage undertaking repairs for the approximately 3 years, with the MOT bay installed early summer 2025. Turnover for the business is already well in excess of £200,000, with approximately 60 MOT's undertaken each month, with considerable scope to undertake more as our client is no longer taking on new MOT customers. The name of the business, J Thorne Horsepond Garage, will not remain as part of the sale.
THE INVENTORY
The property is sold with the benefit of a detailed inventory of trade fixtures, fittings and equipment including MOT bay with rolling road, 4 post ramp, 2 post ramp, compressor and 1000L waste oil system.
RATES
We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value: £5,400 Rates Payable: £2,711 based on uniformed business rate of 50.2p in the pound. As from April 2017 properties with a rateable value of £12,000 or less could be eligible to apply for 100% business rates relief. Occupiers should make their own enquiries of North Devon District Council.
ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.
LEGAL COSTS
Each party is responsible for their own legal costs incurred in the transaction.
VAT
VAT if applicable, at the prevailing rate.
THE ACCOMMODATION (comprises)
GROUND FLOOR
WORKSHOP
Entrance porch and toilet facilities. GIA 1,500 sq.ft (139 sq.m) refurbished workshop space with 2 x insulated electric roller shutter doors, 1 x 4 post ramp, 1 x 2 post ramp, MOT bay with rolling road, lighting, tiled floor, 1000L waste oil system, office, MOT viewing office. Mezzanine floor office.
REAR COMPESSOR ROOM
SEPARATE WORKSHOP
361 sq.ft (34 sq.m) Double sliding doors, currently used as storage but suitable for a wide variety of motor trade ancillary uses.
OUTSIDE
To the front of the premises is parking, turning and roller shutter door access to the workshop plus 2 side parking areas for customers and customer vehicles of approximately 16 vehicles. There is also a side / rear access road.
IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.
PROPERTY MISDESCRIPTIONS ACT 1993
1. All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients' properties in their high possible light, as such we may use summer photographs to promote some properties.
VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: / E-MAIL:
Known as the 'Gateway to Exmoor', South Molton is a traditional market town set in beautiful countryside and not far from North Devon's beaches - yet it is also just 25 miles from the M5 via the main A361, and around 45 minutes from the airport at Exeter. South Molton's resident population of 6,000 (including nearby villages) will soon be expanded thanks to the imminent 1,200 new houses outlined on the Local Plan, and will continue to be joined by visitors attracted to the town's traditional centre and wide range of independent businesses. The notable towns of Barnstaple (11 miles), Bideford (20 miles), Ilfracombe (25 miles), Tiverton (19 miles) and Torrington (18 miles) are also nearby.
THE SITUATION
The roadside premises is located on the B3226, adjacent to a number of other commercial users on a, close by, small Trading Estate on the edge of Town. The Town Centre is a level walk from the premises, either via Cooks Cross or South Street.
THE PROPERTY AND CONSTRUCTION
The detached premises are of steel portal frame construction under a profiled and insulated pitched roof, with insulated cladding and brickwork to the front with internal blockwork. The main workshop extends to 1,500 sq.ft (139 sq.m), with two electric roller shutter access doors as well as a customer personnel entrance door. Internally there is an entrance lobby, toilet facilities, admin office, MOT viewing office and a mezzanine floor office. Specification of the premises includes lighting, waste oil system, 1 x 2 post ramp, 1 x 4 post ramp, MOT bay and rolling road. To the rear of the premises is a compressor room as well as an additional detached workshop of 361 sq.ft (34 sq.m) which would be utilised as tyre bay, paint workshop etc. There is onsite parking for approximately 16 vehicles as well as additional parking, turning and access in front of the main workshop. Access and parking for the premises is made easier with an access road to both the front and rear of the premises.
THE PROPOSAL
Our clients are inviting offers for the Freehold interest of the property.
THE BUSINESS
Although not being sold as a going concern the business as only been trading as a garage undertaking repairs for the approximately 3 years, with the MOT bay installed early summer 2025. Turnover for the business is already well in excess of £200,000, with approximately 60 MOT's undertaken each month, with considerable scope to undertake more as our client is no longer taking on new MOT customers. The name of the business, J Thorne Horsepond Garage, will not remain as part of the sale.
THE INVENTORY
The property is sold with the benefit of a detailed inventory of trade fixtures, fittings and equipment including MOT bay with rolling road, 4 post ramp, 2 post ramp, compressor and 1000L waste oil system.
RATES
We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value: £5,400 Rates Payable: £2,711 based on uniformed business rate of 50.2p in the pound. As from April 2017 properties with a rateable value of £12,000 or less could be eligible to apply for 100% business rates relief. Occupiers should make their own enquiries of North Devon District Council.
ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.
LEGAL COSTS
Each party is responsible for their own legal costs incurred in the transaction.
VAT
VAT if applicable, at the prevailing rate.
THE ACCOMMODATION (comprises)
GROUND FLOOR
WORKSHOP
Entrance porch and toilet facilities. GIA 1,500 sq.ft (139 sq.m) refurbished workshop space with 2 x insulated electric roller shutter doors, 1 x 4 post ramp, 1 x 2 post ramp, MOT bay with rolling road, lighting, tiled floor, 1000L waste oil system, office, MOT viewing office. Mezzanine floor office.
REAR COMPESSOR ROOM
SEPARATE WORKSHOP
361 sq.ft (34 sq.m) Double sliding doors, currently used as storage but suitable for a wide variety of motor trade ancillary uses.
OUTSIDE
To the front of the premises is parking, turning and roller shutter door access to the workshop plus 2 side parking areas for customers and customer vehicles of approximately 16 vehicles. There is also a side / rear access road.
IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.
PROPERTY MISDESCRIPTIONS ACT 1993
1. All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients' properties in their high possible light, as such we may use summer photographs to promote some properties.
VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: / E-MAIL:
Brochures
Horsepond Meadow, South Molton, Devon, EX36
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- King's Nympton Station6.1 miles
Notes
These notes are private, only you can see them.
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