Freehold Service Station With 3 Bed Owners Accommodation For Sale

Business description

The garage has been operating as a general vehicle service, repair and MOT station since the 1920’s. The present owners have been operating the business for over 40-years and are now looking to retire.

The particular business highlights are;
• Very well established mix of local clients.
• Fantastic lifestyle change opportunity – ideal opportunity for young family.
• Superb B road location within village centre opposite all amenities.
• 3-bedroom house, garage/workshops, and two main road fronting shops which are currently being leased.
• Large workshop with two ramps and secure parking for at least 7-vehicles.
• The present owner is willing to stay on to hand the business over.
• The property will be vacated in full upon handover.

HISTORY:
Phoenix Business Sales are delighted to present this very well established service and repair garage. The business has been operated by the present owner for more than 40-years and now wishes to retire. The current owners have established an excellent customer base providing an excellent core business base for an enthusiastic new owner. The owner is willing to stay-on with the business as an employee for a short period should the new owners require it.

SERVICES:
The business trades as a general car and light commercial vehicle service, repair and MOT garage. Service and repairs are managed on site by the present owner. Vehicle MOT’s are being carried out by an associate garage.

STAFFING:
The business is currently being run by a husband and wife team, however there is excellent scope and space to increase activity and employ staff as appropriate.

OWNERS ROLE:
The present owner is very much hands on with the day to day running and management of the business.

MARKETING:
There are currently no marketing or advertising campaigns underway. The business has an excellent reputation with all work being driven through reputation and repeat business.

COMPETITION:
There is at least one other repair and service station within the local area. The current owners have a very good rapport with one other local garage which manages their MOT work.

OPPORTUNITIES:
The business is a very well locally established business and has regular repeat business. There is excellent opportunity to develop the business should the new owners wish to pursue, as follows;
• Increase the amount of marketing to attract new business.
• Provide MOT’s in-house.
• Employ another technician to improve work flow and volume.
• Introduce body repair work services.
• Offer vehicle valeting/cleaning.
• Promote tyres and exhausts.
• Improve the signage and visibility.
• Either continue to lease the road frontage shops or bring them back in-house and diversify.
• The business/house/shop is freehold and on a large corner plot in the centre of the village.

THE PROPERTY:
The property is being offered freehold as a whole. It includes a 3-bedroom house, large garage/workshops, currently one large road fronting shop.
The house;
The house is currently being used by the present owners as their main residence. It consists of 3 good sized bedrooms, bathroom, lounge, dining room, kitchen, conservatory and small courtyard. The house is attached to the garage/workshop and the shop. In the past there was a door between the house and shop, but this has been sealed.
The garage;
The garage is accesses via a secure side entrance and leads into a concrete courtyard. Off the courtyard there are four garage doors providing access to three garages. The larger garage has two doors and bays, and houses the main workshop/repair facilities. There are two vehicle lifts. The other two garages are currently unoccupied but would easily provide storage for 5-vehicles.
The Shop;
The shop is located on the main road. It is currently being used as one large shop but could easily be divided into two smaller units. The shop is being leased to a local charity on very flexible short terms. The location is excellent being the centre of the village.

EQUIPMENT with sale:
All equipment and fittings will be included within the sale price. A full itinerary of fixtures and fittings will be provided prior to sale.

FINANCIAL DETAILS:
We are informed that the business is achieving sales in excess of £30,000. The business is being run with retirement in mind and is ripe for an enthusiastic young family. Full financial disclosure is available upon request after viewings and the signing of a confidentiality agreement.

Property information

Property:

Freehold

Location:

• Excellently main road location in centre of village.
• Located on the B555 between Bridgnorth and Bewdley, Shropshire.
• The premises are highly visible within the centre of the village.
• Surrounded by populated mixed residential area and local amenities.
• High visibility for local and passing trade.
• Good volumes of pedestrian and vehicle flow.
• Beautiful village location with excellent primary/secondary schools.

Premises details:

The property is being offered freehold as a whole. It includes a 3-bedroom house, large garage/workshops, currently one large road fronting shop.
The house;
The house is currently being used by the present owners as their main residence. It consists of 3 good sized bedrooms, bathroom, lounge, dining room, kitchen, conservatory and small courtyard. The house is attached to the garage/workshop and the shop. In the past there was a door between the house and shop, but this has been sealed.
The garage;
The garage is accesses via a secure side entrance and leads into a concrete courtyard. Off the courtyard there are four garage doors providing access to three garages. The larger garage has two doors and bays, and houses the main workshop/repair facilities. There are two vehicle lifts. The other two garages are currently unoccupied but would easily provide storage for 5-vehicles.
The Shop;
The shop is located on the main road. It is currently being used as one large shop but could easily be divided into two smaller units. The shop is being leased to a local charity on very flexible short terms. The location is excellent being the centre of the village.

Business Operation

Expansion potential:

The business is a very well locally established business and has regular repeat business. There is excellent opportunity to develop the business should the new owners wish to pursue, as follows;
• Increase the amount of marketing to attract new business.
• Provide MOT’s in-house.
• Employ another technician to improve work flow and volume.
• Introduce body repair work services.
• Offer vehicle valeting/cleaning.
• Promote tyres and exhausts.
• Improve the signage and visibility.
• Either continue to lease the road frontage shops or bring them back in-house and diversify.
• The business/house/shop is freehold and on a large corner plot in the centre of the village.

Competition / Market:

There is at least one other repair and service station within the local area. The current owners have a very good rapport with one other local garage which manages their MOT work.

Reasons for selling:

Retirement

Trading hours:

The business is currently open Monday to Friday 08.00 to 17.00 hrs.

Employees:

The business is currently being run by a husband and wife team, however there is excellent scope and space to increase activity and employ staff as appropriate.

Years established:

40 years