Car sales site with workshop and two apartments for sale in Solihull West Midlands
Solihull, West Midlands
- Status
FOR SALE
- Advert ID
634956
- Freehold: £1,350,000 (Stock at valuation)
- Turnover: £4,000,000 (£76,923 per week)
- Profit: On request
Key Features
- Planning Consent Available
- Small Business
- Retirement Sale
- Price Reduced
Business Details
Car Sales Freehold Site including Workshop and 2 Apartments
FOR SALE – FREEHOLD MOTOR TRADE SITE WITH INCOME & DEVELOPMENT POTENTIAL
Steve Lane Cars - Tidbury Green Garage
Guide Price: £1,300,000 (Freehold)
A unique opportunity to acquire a well-established and highly reputable car sales and service centre, owned and operated by Steve Lane for over 20 years, in the heart of Tidbury Green. The site also offers residential rental income and significant redevelopment potential, subject to planning. Retirement Sale
Property & Business Highlights:
• Freehold Sale – £1,300,000
• 25-30 Car Display Forecourt
• Workshop
• Over 265 Vehicles Sold Annually
• Consistent Gross Profit of 8%
• Two Self-Contained Flats currently let at £950.00 each per month, fully refurbished in 2023.
• Potential for Planning Permission for up to 9 residential apartments (STPP)
• Prime roadside location with high visibility and easy access
• Well-established business with a loyal customer base, run by the same owner for two decades
This is an ideal opportunity for a motor trade professional, investor, or developer seeking a site with existing income, a proven trading history, and the potential to unlock further profit opportunity and value through investment or possible redevelopment.
All enquiries in confidence. Viewings strictly by appointment only.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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