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Salvage Yard Bodyshop And House With Development Potential

Undisclosed Norfolk
NORFOLK SALVAGE YARD BODYSHOP AND HOUSE WITH DEVELOPMENT POTENTIAL Salvage and de-pollution yard & garage on site Large 5 bed accomm with s/C 2 bed annex A/T: £345,170 GP: 43% Potential for residential development F/H: £1.95M REF: 9801NR
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 55296
ADVERT IMPRESSIONS : 30,857 TIME(S)

 
BUSINESS SECTOR: Commercial Property
TRADE TYPE: Land & Development Sites
SALE: Agent Sale

FREEHOLD:

£1950000
 

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BUSINESS DETAILS:

LOCATION

• Positioned on busy trunk road in rural Norfolk
• Large site
• Substantial family home with separate annexe
• Positioned within the village envelope

LOCATION

• Positioned on busy trunk road in rural Norfolk
• Large site
• Substantial family home with separate annexe
• Positioned within the village envelope

STAFF

• Husband and wife
• 5 mechanics/operatives

TRADING HOURS

• Weekdays 8am to 5pm
• Saturdays 8am to 1pm
• Sunday by appointment only

FINANCIALS

• Turnover £345,170 pa
• Gross profit margin 43%
• Excellent level of net profit
• Scrap value varies significantly but is usually in the range £50,000 to £60,000

PREMISES

• A site extending incorporating the following
• Substantial 5 bedroom family home in excellent order
• 2 bedroom annexe suitable for independent living
• Delightful garden with water features
• Front tarmac yard incorporating space for vehicle sales
• Front office and reception counter
• Parts store and depot
• Back office
• Large workshop with breaking bay, jig bay, mixing room, further service bay and bake oven booth
• 2 fork lift trucks
• Separate generator with 3 phase capability

• Substantial quantity of tooling and equipment including Peugeot diagnostic software
• Large vehicle storage yard to rear
• Substantial field currently set to pasture with development potential

• NB The vendor has signed an option over the land for housing development. This option expires in 2012 but is transferable. Should development proceed then the site value would be considerable

STRENGTHS

• Full licensing for salvage yard and de-pollution centre
• Established many years with excellent local reputation
• Many facets to the business
• Solid trading history over 25 years
• Wonderful accommodation in rural Norfolk
• Capital investment in bodyshop and paint booth already undertaken
• Large site with potential to expand the business
• Possibility of residential development on the land
SCOPE

• Website development with further focus on internet sales
• Business development activity more widely
• Development of further facilities on site
• Expansion of insurance work
• Expansion of business to incorporate additional marques

TENURE

• Freehold




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
   
  FOR SALE
   

REFERENCE:

9801NR / RightBiz
   
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