Garages for sale in Barnstaple

View the "HIGHLY PROMINENT CAR SHOWROOM AND FORECOURT BUSINESS ON A361" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £49,950
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Business Description
* Prominent roundabout location on A361, between Barnstaple and Braunton
* Car showroom for circa 6 vehicles and 2 x sales offices
* Extensive forecourt frontage, display for circa 40 vehicles
* Adjoining petrol forecourt and convenience store
* Workshop close by for servicing and repairs
* Car stock available by separate negotiation if desired
* For sale due to retirement

LOCATION
The property is situated off the Chivenor Cross roundabout on the A361 with Barnstaple lying circa 2 miles south and Braunton 1 mile north.

SITUATION
Due to it prominence on the A361 Chivenor Cross Roundabout the site enjoys high daily vehicular movements with the A361 being the main road into Barnstaple from the north. Adjoining the site is the Chivenor Royal Marine Base which has residential marines based on site. Also adjacent is a new residential housing Estate and Business Park which is currently being developed.

THE PROPERTY AND CONSTRUCTION
Being a ground floor showroom premises of circa 763 sq.ft (71 sq.m) with 2 x sales offices, kitchen and toilet facilities. There is tarmacaden forecourt to the front which provides space for circa 40 vehicles. The servicing and repair workshop is located close by on the adjoining trading Estate.

THE PROPOSAL
Our clients are inviting offers for the Leasehold interest and an assignment of the existing 15 year lease, at a current rent of £15,000 per annum for the showroom and forecourt premises. The servicing and repairs workshop is available, if desired, at a rent of £3,200 per annum.

THE BUSINESS
Our client first trading from the site in 1988 and has operated for the vast majority of the time from then until the current date and is for sale due to the pending retirement of our client. Operating in the sale of used cars the business averages 30 vehicle sales per month and is operated by our owner client and a full time sale manager. Servicing and repairs are undertaken within the clients workshop close by with MOT's being outsourced. There are staff employed within the workshop consisting of workshop manager, 3 x mechanics and 1 x valeter. Current operating hours are 6 days per week 8.30am - 5.00pm, Sunday 9.30am - 4.30pm.

THE STOCK
Vehicle stock available by negotiation if desired.

THE INVENTORY
The property is sold with an inventory of trade fixtures, fittings and equipment.

ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.

THE ACCOMMODATION (comprises)

GROUND FLOOR

SHOWROOM
32`7 x 23`5 (9.95m x 7.15m) Show space for 5 / 6 vehicles, sliding access doors to front, tiled floor, false ceiling with recessed strip lighting

SALES OFFICE 1
27`3 x 9`6 (8.30m x 2.95m)

SALES OFFICE 2
18`7 x 9`4 (5.70m x 2.85m)

KITCHEN
Eye and base units, stainless steel single drainer sink, tiled floor

TOILET
Low level w.c., wash hand basin

FORECOURT
With extensive road frontage onto A361 and display space for 35 / 40 vehicles plus two additional spaces facing Chivenor Cross Roundabout

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector. Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike. Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds. Please call for more information.
Tenure: Leasehold

Downloadable Documents

Listed by: JD Commercial
Find out more about this business for sale opportunity by submitting the form below.
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