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Excellent Garage And Development Opportunity

Bromyard, Herefordshire
Freehold Price:
£379,995
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
233681
Reference
B04811 / Rightbiz

Details

Business
Hilton Smythe are delighted to present to the market a Freehold Garage opportunity, owned by our clients for over 30 years and established in the area for more than 50 years.

The business is now been offered for sale due our clients wish to now retire.

The business is currently been run to suit and is only concentrating on MOT and servicing, previously the forecourt was used as a thriving filling station with convenience store which can easily be reinstated by any new owner.

The additional large 2 bedroomed flat available makes this opportunity extra special for any owner to live on site.

The Garage turnover is derived 50% from service and 50% from MOT’s on Class 1, 2 and 4 vehicles.

The Business also carry out Motorcycle MOT’s and Servicing.

The MOT side is very well known with over 1,800 Mots’ been carried out per year and previously over 3,000 when they ran the business full time.

Our clients inform us they have over 1,500 customers on their database which will be handed over to any new buyer.

They also have permission to offer car sales from the forecourt area.

Previously the forecourt had 4 x pumps in use dispensing over 27,000 gallons of petrol per year and the tanks are still in place with the appropriate up to date licence.

The business offers several options to develop which include

●New Petrol forecourt with linked retail shop
●Increased car repair and Mot’s through new advertising
●Increase in mechanics
●Change of use - there is a need for at least 20 more houses in the village and the garage falls within the village envelope designated for new dwellings. There are plans
available for 6 houses which could easily be increased by any experienced developer.

Hilton Smythe recommend early viewing due to the many options available to this site.

Location
Three Pines Garage occupies a highly enviable trading position along the busy A44, located just next door to the Barneby Inn in Bredenbury, Bromyard, Herefordshire. The A44 links commuters from Leominster in the West (12 miles) to Worcester to the East (15 miles) and the busy M5 motorway.

Bromyard is a market town in Herefordshire, situated in the valley of the River Frome and is surrounding by following countryside and breath-taking open views.

The town is undergoing new investment which will see the population increase with more footfall from both cars and people needing more services and shops.

There are 3 excellent schools in the area - Queen Elizabeth High School, St Peters Primary School and Brockhampton Primary school.

Premises
Large wide road forecourt with four unused filling pumps, the space currently can be used to store twenty-seven cars if required.

Double Height Service Garage Includes:-

•4 Poster ramps
•2 Poster ramps
•1 Poster ramp
•Several storerooms
•Rear tyre changing area
•Admin office
•Access into the front retail unit

Separate External Building

Storeroom
Customer toilets

Double Height MOT Garage

•Roller shutter
•Office
•Viewing room
•Large MOT testing bay

First Floor

Private entrance to the side of the building includes:-

•Private balcony with Stunning clear views
•Hallway
•Family bathroom
•2 x Double bedrooms with fitted wardrobes
•Large living room with patio doors to private balcony

Fully Fitted Kitchen Includes:-

•Oven
•Gas hob
•Central heating boiler

The flat benefits from up close double glazing and security alarm.

Tenure
The business is being offered as a Freehold opportunity.

Hours
Our clients run the business to suit, opening Monday to Friday 9am Till 4pm.

Staff
The garage is run and managed by our client with the help of his 2 sons who are full time mechanics within the business.

Financial Profile
The business is reported to turnover in the region of £250,000 per year.



£379,995
Listing Details
Freehold Price: £379,995
Tenure: Freehold
Sector: Mot Businesses
Financials
Annual Turnover: £250,000
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