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Garage Services And Guest House In Nottinghamshire

Mansfield Nottinghamshire
Garage and Guest House Mansfield, Nottinghamshire T/O: £182,000 GP: 80% Scope to increase turnover Loyal customer base Village location Multi-faced business Well-equipped
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 61859
ADVERT IMPRESSIONS : 13,612 TIME(S)

 
BUSINESS SECTOR: Motor & Transport
TRADE TYPE: Mot Services
SALE: Agent Sale

FREEHOLD:

£425,000
 

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BUSINESS DETAILS:

Location
Titchfield Garage and Guest House occupies substantial detached premises ideally located in the village of Pleasley close to Mansfield, Nottinghamshire. The premises benefit from ample private parking and are surrounded by numerous residential areas. There are a number of bus routes serving the area and the railway station is less than 2 miles away. The business boasts easy access to the A-road network and Mansfield town centre is approximately 2 miles to the south. Mansfield is a large town in Nottinghamshire and is less than 12 miles from Chesterfield. The M1 motorway is less than 5 miles away and Nottingham lies 15 miles to the south.

Business History
Preferred Commercial is delighted to offer for sale this busy garage services and guest house, which was established by our clients in 1977 and is only now offered to the market due to our clients' wish to retire. The premises are well-equipped to suit the trade with 6-letting rooms finished to a high standard and garage with a range of tools and equipment. Our clients have established an excellent reputation over 30 years of trading and enjoy a loyal customer base and much repeat trade. The business benefits from a high footfall from being situated on the A617 trunk road and from the surrounding areas. The premises boasts a large garage workshop area with a range of equipment and tools, along with 3-bedroom owners' accommodation. The guest house trades all year round and the garage opens 5 days a week, which generates a turnover in the region of £182,000 per annum with a gross profit of 80%. We feel this could be further increased by offering restaurant services to guests. The new owner could, if desired, establish a simple website to advertise their services. This is an ideal opportunity to acquire an already busy garage and guest house with 3-bedroom owners' accommodation and huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £182,000 approx.
GP: 80%

Opening Hours
Garage
Mon - Fri: 8:30 to 5:30pm
Guest house
All year round

Accommodation Details
Substantial detached garage and guest house premises with 3-bedroom owners' accommodation and spacious workshop. Briefly comprising:

Ground Floor
• Room 1: Twin bedroom with WC and wash hand basin
• Dining room with tables and chairs for up to 8 covers
• Lounge
• Kitchen with a range of fitted units
• Conservatory with tables and chairs for up to 10 covers

First Floor
• Room 2: Single bedroom with wash hand basin
• Room 3: Twin bedroom with wash hand basin
• Room 4: Single bedroom with wash hand basin
• Room 5: Double bedroom with wash hand basin
• Room 6: Single bedroom with wash hand basin
• Shower room
• Shower room with WC and wash hand basin
• WC and wash hand basin

Owners' Accomodation
• 2 x double bedrooms
• Single bedroom
• Lounge
• Kitchen with a range of fitted units
• Laundry room
• Bathroom

External
• Covered patio area
• Garden area with summer house

Garage
• Workshop with inspection pit, 3 x 2-post lifts, tyre machine, compressor, MoT equipment,
• Office
• WC with wash hand basin
• Store room

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2364 / RightBiz
   
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