Repeat custom built on an outstanding reputation
Long established and highly reputed business
Early viewing essential to fully appreciate
Situated in the coastal town of Bideford
Advised annual turnover of £365,000
Scope for further development
Sells used motor vehicles
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this superb MOT, service and repairs garage which has been established by our clients in 2006. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £365,000 which is derived from the provision of a full range of garage services and MOT's as well as the sale of used vehicles. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
This garage is located on a busy trading estate in the coastal town of Bideford. Bideford is a port town on the estuary of the River Torridge in North Devon. In the 16th Century Bideford was Britain's third largest port. Today the narrow town centre streets lead down to a tree-lined quay, which bustles with fishing vessels, cargo and pleasure boats. Clay is the principal export loaded onto boats at Bideford. The quay was refurbished, with completion in 2006 to provide flood defence. Bideford is served by the Atlantic Highway and A386 roads which link it to Barnstaple and the North Cornwall coast. The nearest railway station is at Barnstaple 7.5 miles (12 km) away. A ferry operates between Bideford quay and Lundy, which lies about 22 miles (35 km) away in the Bristol Channel.
Leasehold Original length: 15 years Remaining: 9 years Rent: £14,000pa
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