Vehicle Repairs Garage, Retail Shop & Family Home | | Bridgnorth Shropshire | | VEHICLE REPAIRS GARAGE, RETAIL SHOP & FAMILY HOME Advised turnover of £28,384pa with huge growth potential Situated in the beautiful village of Highley, Nr Bridgenorth | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 34587
ADVERT IMPRESSIONS : 24,259 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | FREEHOLD: | £399995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | VEHICLE REPAIRS GARAGE, RETAIL SHOP & FAMILY HOME
Advised turnover of £28,384pa with huge growth potential
Situated in the beautiful village of Highley, Nr Bridgenorth
Early interest and viewing is highly recommended
Sizable property with 3 bedroom family home
Ideal lifestyle change opportunity
FREEHOLD
Location
This excellent freehold opportunity has an ideal location in the beautiful and highly desirable village of Highley, near Bridgenorth, Shropshire. The property has a prime corner location situated on the village's main high street which also couples as the main through road. There are a wide variety of neighbouring commercial businesses and retailers which bring shoppers and visitors to the area throughout the year. The superb location also benefits from a mass of passing trade on a daily basis. There are a good number of neighbouring residential properties which give the business a consistent local customer base within a short travelling distance. Highley is a very popular business and residential area due to its fine housing, good schools, NHS services, neighbouring open countryside and very low crime rate. The village is an excellent place to raise children and is considered by many to be one of the safest places to live in the Midlands. Highley also has the Severn Centre which is a very well presented none profit sporting and leisure facility offering an outdoor swimming pool, gymnasium and bowling green which is a huge plus for the village. It also benefits from being situated just north of Kidderminster which gives easy access to Birmingham and the M5 motorway making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this excellent freehold opportunity which has a proud history dating back to the 1920s. Since the 1960s it has been owned and run by our clients who are only now placing it onto the market due to their strong desire for retirement. The business which is run and managed by our clients at a relaxed pace achieves an advised turnover of £28,384pa which is derived from offering vehicle repair services to a wide range of customers throughout the year. The property also has a sizable front retail shop which is currently let to a charity at a rate of £100pcm. The property is very sizable offering a large 3 bedroom family home, open plan 2 ramp garage, 2 outbuilding storage garages which house 4 vehicles in total, a large front retail shop with large display windows and 2 courtyard areas for the business and home. The business has always enjoyed excellent levels of repeat trade as it has an excellent trading history in the village. We feel that this opportunity offers a new owner a very good base to build upon and we urge early interest and viewing of this charming opportunity.
Financial Profile
Turnover: £28,384pa
Gross profit: 17%
Stock approx: £1,000
Rental income for shop: £100pcm
Tenure
We are advised freehold
Opening Hours
Monday to Friday: 8:00am - 5:30pm
Saturday & Sunday: Closed
Accommodation
Large corner property offering large front retail shop, garage with secure parking courtyard, 2 x 2 vehicle storage garages and large 2 ramp open plan work garage and 3 bedroom family home (the family home is in need of cosmetic modernising throughout), breifly comprising:
GROUND FLOOR - Large fronted property on a prime corner location, front shop with access to residential home and side entrance to garage area.
Shop - 2 large front display windows and secure entrance leading to: Open plan retail display space with serving / payment counter and storage areas. The shop was originally 2 units and was converted to one large unit. The shops can be separated again.
Garage - Double wooden door entrance to road side, front parking courtyard for 3+ vehicles, 2 x 2 vehicle garages for vehicle storage (4 vehicles in total). Large workshop garage with high ceiling, 2 large ramps, storage and tool shelving plus small side storage room.
House - Kitchen with fitted worktops, wash basin and cupboards, sizable dining room, living room with feature fireplace and stairs access to first floor.
First Floor - Reception landing accessing leading to: Bedroom 1 - large double room, bedroom 2 - large master room, bedroom 3 - large single room, bathroom with toilet, bath and wash basin.
EXTERNAL - Free communal roadside parking, side courtyard area for home which is secure and low maintenance plus garage courtyard area for vehicle parking and storage. | | | | | | FOR SALE | | | | | REFERENCE: | 2074 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
