Garages for sale in Woodbridge

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Garage - Suffolk

Woodbridge, Suffolk, England

  • Freehold Price: £555,000  Price Reduced arrow_drop_down
  • Annual Turnover: £317,000
Seller Reference: KBT47274
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Business Description
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Seller Reference: KBT47274
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Business Description
• Well established and profitable village shop, fuel filling station, MOT, service and repair centre
• Stunning five bed family home / peaceful Suffolk village
• Loyal and regular custom base with same family ownership since mid 1980’s
• Limited opening hours through choice

Well established and profitable village shop, fuel filling station, MOT, service and repair centre situated in Suffolk village. Niche market. Twelve-month income c. £317k with adjusted profits in the region of £49k with limited opening hours. Loyal and regular customer base. Stunning five bed family home. Large corner plot. New fuel contract as of July 2019. Retirement sale. Viewing highly recommended. Ref: 47274

A rare and exciting opportunity to purchase this well respected village store, filling station, MOT and service and repair centre operating from an easy to find road side setting within a semi rural Suffolk village with no competition, thus making it an ideal setting to run a successful business from.

The garage is prominently located in a popular residential area north east of Ipswich and attracts high levels of not only regular custom from the local villagers but also passing trade given the convenient location and good road side signage.

We have been advised that approx. 8 – 10 MOT’s are carried out on a daily basis with many coming from the 3 local service centres that do not have a test facility. The main income however is generated by the filling station, the main profit is generated by the MOT bay and the workshop, which again is only open with limited trading hours through choice. We have been advised that a new five year fuel contract has been signed in July 2019 and that the fuel pumps are due to be modernized.

The retail side of the business also operates on a Monday to Friday basis offering the daily basics although additional stock lines could be sold. In our opinion this business offers an ideal lifestyle change opportunity due to the unique set up and limited opening hours which are done though choice in order to provide a ‘work life balance’ although could easily be extended under new ownership.

This is a successful and lucrative business yet in our opinion still offers terrific future growth and would therefore ideally suit an ambitious, hands on, energetic owner who can build upon the reputation which has been built up by the current owner over many years.

Summary. A wonderful lifestyle change opportunity to acquire this well established and profitable village shop, fuel filling station, MOT, service and repair centre which benefits from a strong reputation built on word of mouth, reputation, customer service and reliability.

This business would therefore make an ideal purchase for an energetic hands on owner who can build upon the excellent reputation gained under the current ownership.

A viewing is highly recommended to fully appreciate the overall business opportunity, stunning family home and peaceful Suffolk village location.
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