Development Sites for sale in Fareham

View the "Long Established Freehold Garage/ Development Opportunity" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £179,995 Annual Turnover: £85,000 Annual Net Profit: £30,000
Request Details
Business Description
Location
Em-Pwr Business Brokers Ltd is pleased to place onto the market a long established business which is very centrally located in Fareham. It is just off the A27 and A32. There are many other businesses housed in the area and there is a good mix of residents and businesses.

Business Details
This Business was established in 1978, the present Owners having purchased it in 2003. The Owner now wishes to sell due to retirement.

The Business provides general repairs and servicing as well as an MOT service and diagnostics. It did once specialise in Peugeots. It has one employee as well as a hands on full time Owner.

No local marketing is undertaken although there is a website. The business has potential to expand in the right hands.

The property itself has huge potential as a development opportunity, being surrounded by residential properties.

The owner is happy for a hand over period if required.

Financial Details
The annual recorded turnover is £85,000 with an EBITDA of around £30,000 pa. The equipment is valued at around £15,000.

Property Details
The premises is situated on a service road and it is a detached property. There is a concrete front for parking as well as a chained parking area in total for up to 8 cars. There is further parking available. The workshop is a double unit with a ramp and a pit.

Tenure
The property is Freehold

Ref: 13282
Price: FREEHOLD £179,995

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by EM-PWR Business Brokers LTD. The information contained herein has not been verified by EM-PWR BUSINESS BROKERS LTD; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of EM-PWR BUSINESS BROKERS LTD regarding this business are subject to verification and should be independently corroborated.
Trading Hours:
Normal Trading Hours


Number of Employees: 1

Tenure: Freehold

Competition: None

Support & Training: Full training and support will be given

Location Details:

Em-Pwr Business Brokers Ltd is pleased to place onto the market a long established business which is very centrally located in Fareham. It is just off the A27 and A32. There are many other businesses housed in the area and there is a good mix of residents and businesses.

Listed by: Em Pwr UK
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13282
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