Leasehold Auto Services Business In Devon For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this busy garage situated in Braunton, Devon. The business was established in 1950 and has been in the hands of our clients since 2000. It is only now being offered to the market due to their wish to retire. Auto Services undertakes repairs and servicing on all makes of vehicles, as well as carrying out MOTs by appointment. The business has 3 main groups of customers, which are locals, tourists and motorists brought in by the breakdown services. Currently the business generates a respectable turnover in the region of £2,885 per week with a gross profit of 55%. This is further enhanced by the letting of a workbay, for a rental income of £7,800 per annum. Auto Services enjoys extremely high levels of repeat trade due to its good local reputation, which our clients have built up over the years. Early viewing of this thriving garage and MOT station is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 20 years
Remaining length: 16.5 years
Review every: 3 years
Rent: £25,800 per annum

Living accommodation:

PROPERTY DETAILS A purpose built workshop situated on a busy petrol station forecourt. Briefly comprising: GROUND FLOOR Well equipped workshop with: Extra height new UPVC roller shutter doors 4 x lifts with one used as MOT bay Reception area and waiting room, rear computer room Office Store room Wash room and W/C Additional workbay - former spray shop, now used for valeting of sales vehicles FIRST FLOOR Office with UPVC window Storage area EXTERNAL Parking for 12-15 small vehicles plus workshop vehicle

Location:

Auto Services is situated next door to a petrol station on the busy A361, between Barnstaple and Ilfracombe. There is ample parking on the site. Braunton, one of the largest villages in the west of England, lies in the north west of Devon and overlooks Barnstaple Bay. Braunton is located two miles from the sea on the Caen Stream, a tributary of the Taw. Although it is set in stunning countryside it is just 5 miles from Barnstaple, and has excellent links via the main A361, which connects to the M5 motorway.

Other information

Trading hours:

Mon - Fri: As required