Highly profitable freehold repair garage & mot station (available with a pair of semi detached bungalows), for sale due to retirement

  • Freehold Price: £475,000
Featured For Sale
Great Torrington, Devon, England
Seller Ref:PAX0332078399
Featured For Sale

Highly profitable freehold repair garage & mot station (available with a pair of semi detached bungalows), for sale due to retirement

Great Torrington, Devon, England
Seller Ref:PAX0332078399
  • Freehold Price: £475,000

Overview

Seller Ref: PAX0332078399

Description

Rural mot station & fully equipped workshop, 4 post mot lift, 2 further 4 post lifts (5 tonne & 3.5 tonne) plus a 5 tonne 2 post lift.
3 separate further bays currently used for storage that each have height and space for a 2 or 4 post lift.
All workshop equipment, tools & stock to be included in sale price (less hand tools).
Forecourt & parking for approx.25 vehicles.
No car sales are carried out at present but have been successfully in the past.
Currently operating Monday to Friday (mot’s Monday to Thursday) but huge scope to increase opening hours if required.
Premises available stand alone or with one or a pair of recently renovated 2 bed semi detached bungalows.
£475,000 for freehold of garage premises, £795,000 to include one bungalow, or £1,175,000 for the garage & both bungalows.
There is a possibility of development subject to planning consent.
Custom is drawn from all over the locality, some customers travelling 10 miles or more to visit.
No advertising is undertaken as most new custom is via referral from existing customers.
Mot testing is mainly retail although we do test for a couple of trade customers to whom we offer a small discount.
Work is varied, mot repairs, servicing, brakes and tyres making up a considerable portion of the workload.
Recent accounts are available to seriously interested parties.

Trading Hours:
8.30-5.30 Monday-Friday
Number of Employees:
1
Support and Training:
Current owner very happy to provide an easy transition by working part time for a short while alongside new owner.
Location Details:
Situated in the hamlet of High Bullen, some 2.5 miles from Torrington, High Bullen Garage has been in it's current ownership for the past 24 years and is only for sale due to current owners wish to retire. Trade is drawn from all around the local area as well as some from Barnstaple & Bideford which are roughly 10 miles distant.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock included with sale

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