Leasehold Garage For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this well-renowned franchised car dealer. Established in 1900, the business is still controlled by the same family and has an
excellent reputation locally. This business offers both new and used car sales, servicing and MOT work. The business was restructured and relocated in 2004 to its present site and is now starting to reap the rewards of this move. Due to the relocation, the majority of the equipment is under four years old and they operate the most up-to-date computer systems. The business is run with nine full-time and three part-time employees, plus four directors. They have an excellent customer base, with a turnover just over £2 million per annum. Our clients are now looking to retire and have run the business at a pace to suit themselves, offering new owners great potential
to increase trade through raising the profile and pro-active marketing. This is an exceptional opportunity to acquire a very well established business in a delightful location and we therefore recommend an early viewing.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original lease: 7 years
Remaining: 4 years (renewable)
Review every: 5 years

Living accommodation:

A purpose-built, two storey industrial unit on a busy trading estate, just half a mile from the town centre. Ground Floor • Modern showroom for five cars: • Two sales desks • Disabled WC • Sliding doors to forecourt • Customer waiting area with internet access • Service and parts reception • Parts store • Kitchen area • Modern, fully equipped workshops, including: • Six vehicle lifts • Trolley jack • Engine lift • Transmission jack • Pressure washer • Various diagnostic equipment • Specialist manufacturer's tools • Manufacturer's computer systems • Tyre change and wheel balancing equipment • Two air conditioning service machines • Staff kitchen & WC First Floor • Administration offices • WC and further storage spaces External • Front sales forecourt, with parking for ten cars • Driveway to side and rear customer parking, with five further car sales spaces. • Rear parking for 20 cars on gravelled area with further hardstanding area and entrance to workshops. • Two MOT parking bays. • Four post Laycock vehicle lift, with drainage under.

Location:

This highly successful franchised dealer occupies a prominent position on a busy trading estate, located just half a mile from the town centre, surrounded by complementary business and other car dealerships. The trading estate is in a very desirable and sought-after south west coastal market town. This area has thriving local commerce, boosted by many visitors to the town, particularly during the summer months. The town enjoys excellent road links, with a main trunk road running through it. This area is expanding with new housing developments.