Petrol stations for sale in Woodhall Spa

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David Binder (Nov 2017)
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Freehold Price: £545,000 Turnover: £267,273 Gross Profit: £56,528
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Business Description
Hilton Smythe are pleased to welcome to the market the Kirkstead Bridge Garage. The business has been operated by the current owner for over 40 years and is well established within the local and surrounding communities offering an excellent local service with an unrivalled reputation.

The garage currently sells approximately 34,000 litres of fuel a month and has the benefit of a large fuel storage capacity of some 68,000 litres. The site would greatly benefit from a fresh approach and offers a rare and exciting opportunity for either an established operator looking for an additional site or an individual or partnership looking to take on and already established business and put their own spin on things taking it to the next level.

The workshop currently undertakes Class 4 MOT’s which could easily be extended to accommodate further class’s and generate further income for the site which also has the benefit of full workshop facilities and undertakes car repairs and servicing.

The site which measures approximately one acre has excellent potential for further development and can easily accommodate additional workshop facilities as well as extending the forecourt shop to offer a wider range of services and produce which could then possibly become a stand-alone business on its own.

The site also has the benefit of a completely refurbished three-bedroom detached bungalow which has been finished to a very high standard.

Subject to the necessary planning consents the site could easily be extended with the new operator having a golden opportunity to develop the site further in this much sought-after area and generate a very healthy number of income streams.

Situated just outside the main centre of the picturesque village of Woodhall Spa in Lincolnshire the site is easily accessible and is located along the busy Church Road.

The location benefits from being on the main road into the village and is well-established with locals and passing customers alike.

Garage forecourt with fuel pumps and forecourt shop through to back office and WC.

Main workshop area with MOT bay including 2 x service ramps.

To the left of the garage is a 3-bedroom detached bungalow with 2 bathrooms, kitchen, lounge and diner with an enclosed rear garden all finished to a very high standard.

The plot measures approximately one acre with the land to the left of the site currently accommodating vehicles for sale. The site is being offered with all the equipment necessary for it to function in its current format.

We are advised the business is being sold as a freehold opportunity with a guide price of £545,000.

The opening hours are currently:

Monday to Friday 8.00am to 7.00pm
Saturday 8.00am to 6.00pm
Sunday 9.00am to 3.00pm

The business is run and managed by the current vendors.

Financial Profile
We are advised the business is currently generating a turnover in the region of £267,273 per annum with huge scope for this to be significantly increased.

The rateable value of the site is £9,100 there are currently no business rates payable.

Tenure: Freehold

Listed by: Hilton Smythe

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