Devon Mot Station Garage Services With 4 Bed Bungalow | | Undisclosed Devon | | Lovely village location T/O: £177,000 GP: 53% Superb development opportunity for 15-20 houses Infinite scope for the future Spacious 4-bedroom bungalow Views over Dartmoor | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 28683
ADVERT IMPRESSIONS : 92,106 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | FREEHOLD: | £639,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
High Bullen Garage occupies a prominent and central position in the small village of High Bullen. High Bullen is located just 3 miles East of Great Torrington on the B3227 and is set in the heart of the beautiful North Devon countryside. Great Torrington is famous for being the home to Dartington Crystal, Rosemoor RHS gardens and the Tarka trail, which offers 32 miles of combined foot and cycle trails on disused railway tracks. Great Torrington is situated on the River Torridge, which flows to the town of Bideford 6 miles away. This is a desirable and sought after area and has excellent facilities with schools at all levels, a good selection of shops and has the benefit of being just 6 miles from the stunning North Devon Atlantic coast, which boasts some of the finest beaches in the country.
Business History
Preferred Commercial is delighted to offer for sale this MoT station and garage services business with detached 4-bedroom bungalow on 1¼ acre plot. Established for over 50 years, the garage has been in our client's careful ownership since 1999. During this time our client has built up a highly successful business and trades as an MOT station with garage and repair services. Current turnover is £172,920 per annum with a gross profit of 53.6% and returning adjusted net profits in the region of £60,000. High Bullen Garage is operated by our client with 3 members of staff, 1 MOT tester, 1 apprentice and 1 admin assistant. Trade is drawn mainly from word of mouth and comes from the many surrounding villages as well as Great Torrington. There is vast potential to increase trade as our client does not currently advertise and chooses to close on Saturdays. Further potential lies from developing the site for residential housing and we are led to believe that it would be possible to build 15-20 houses, subject to the necessary planning permission. We understand that the adjoining plot already has planning permission for 14 homes. Our client has also advised us that the freehold of the garage property only is available for £350,000. This is a wonderful opportunity to acquire a highly profitable business that provides an excellent platform from which to expand, combined with the investment of a possible development site, we would therefore urge early discussions with Preferred Commercial Ltd.
Financial Details
W/T: £3,328 approx.
GP: 53.6% approx.
Opening Hours
Mon - Fri: 8.30am - 5.30pm
Sat - Sun: Closed
Accommodation Details
A substantial single-storey garage, workshops and forecourt of approximately 1,800 sq.ft. occupying a plot of approximately 1¼ acre. The property boasts a wide roadside frontage and a detached 4-bedroom bungalow with the majority of windows double glazed and extensive gardens.
Bungalow
• Front door into large hallway with utility cupboard and door to rear yard.
• 4 double bedrooms
• Lounge with stone fireplace, wood burning stove, sliding UPVC doors onto patio area and garden, Far reaching views across open countryside to Dartmoor.
• Utility room.
• Family bathroom with bath, shower, toilet and sink.
• Seperate WC
• Large kitchen with high quality wooden units and granite effect worktops, built in plate and wine racks, archway with built in replica bread oven, breakfast bar with seating for 6 and space for dishwasher, archway through to dining area. Door to:
• Further room with laminate floor, door to front. This used to be the forecourt shop and could have any number of uses including another sitting room or bedroom.
Ground Floor
• Original front workshop with 3 sets of folding doors and small mezzanine.
• Tyre storage area
• MOT bay complete with inspection pit, rolling road, gas analyser, headlight tester, 3.5 tonne 4-post lift and jacking beam. MOT office
• Further workshop, added in 2004, with 3 bays and roller shutter doors to front and rear, including a 5.5 tonne 4-post lift and 2 jacking beams, a 3 ton Bradbury 2-post lift, compressor, oil fired workshop heater, tyre changer and wheel balancer, engine crane, steam cleaner, de-greasing tank, tracking gauges, Rover hydro pump and a Mig welder.
• Office and reception area.
External
• Bungalow: Gardens to front, side and rear, mainly laid to lawn with front garden housing oil tank and rear garden being 80 foot wide with a selection of mature trees, underground sewerage treatment plant and extensive views across open countryside to Dartmoor.
• Front forecourt with parking for approximately 30 cars, overhead canopy with 3.8m clearance, side hard standing for 3-4 cars and further hard standing to the rear for 5-6 cars.
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 1049 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
