Devon MOT Station Garage Services with 4-bed Bungalow
Price:
Freehold - £639,950
Location:
Devon, Torrington, High Bullen
Business Type:
Commercial Property, Motor & Transport Businesses for Sale
Preferred Commercial is delighted to offer for sale this MoT station and garage services business with detached 4-bedroom bungalow on 1¼ acre plot. Established for over 50 years, the garage has been in our client's careful ownership since 1999. During this time our client has built up a highly successful business and trades as an MOT station with garage and repair services. Current turnover is £172,920 per annum with a gross profit of 53.6% and returning adjusted net profits in the region of £60,000. High Bullen Garage is operated by our client with 3 members of staff, 1 MOT tester, 1 apprentice and 1 admin assistant. Trade is drawn mainly from word of mouth and comes from the many surrounding villages as well as Great Torrington. There is vast potential to increase trade as our client does not currently advertise and chooses to close on Saturdays. Further potential lies from developing the site for residential housing and we are led to believe that it would be possible to build 15-20 houses, subject to the necessary planning permission. We understand that the adjoining plot already has planning permission for 14 homes. Our client has also advised us that the freehold of the garage property only is available for £350,000. This is a wonderful opportunity to acquire a highly profitable business that provides an excellent platform from which to expand, combined with the investment of a possible development site, we would therefore urge early discussions with Preferred Commercial Ltd.
High Bullen Garage occupies a prominent and central position in the small village of High Bullen. High Bullen is located just 3 miles East of Great Torrington on the B3227 and is set in the heart of the beautiful North Devon countryside. Great Torrington is famous for being the home to Dartington Crystal, Rosemoor RHS gardens and the Tarka trail, which offers 32 miles of combined foot and cycle trails on disused railway tracks. Great Torrington is situated on the River Torridge, which flows to the town of Bideford 6 miles away. This is a desirable and sought after area and has excellent facilities with schools at all levels, a good selection of shops and has the benefit of being just 6 miles from the stunning North Devon Atlantic coast, which boasts some of the finest beaches in the country.
Mon to Fri: 8.30am to 5.30pm Sat to Sun: Closed
A substantial single-storey garage, workshops and forecourt of approximately 1,800 sq.ft. occupying a plot of approximately 1 and 1/4 acre. The property boasts a wide roadside frontage and a detached 4-bedroom bungalow with the majority of windows double glazed and extensive gardens.
Bungalow
• 4 double bedrooms
• Lounge
• Utility room.
• Family bathroom
• Seperate WC
• Large kitchen
• Further room with laminate floor, door to front. This used to be the forecourt shop
Ground Floor
• Original front workshop
• Tyre storage area
• MOT bay • Further workshop, added in 2004,
• Office and reception area.
External
• Bungalow: Gardens to front, side and rear,
• Front forecourt with parking for approximately 30 cars,
North Yorkshire
£ 750,000
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