Family Owned Motor Dealership With Residential Dwelling In Diss For Sale

Business description

Location
The Property is located just off the A1066 Diss - Thetford road at Pooley Street, approximately four miles west of Diss and 12 miles east of Thetford. The business serves a largely rural catchment and is easily accessible.

Business
The site has been used as a garage (and originally a petrol filling station) since 1927. John Pill Car Care was established by the current proprietors some 30 years ago and has been run as a family-owned business ever since. It is only now coming onto the market due to retirement.

The business trades six days a week and generates a turnover of circa £700,000pa with a gross profit of 15% derived from vehicle sales, tyre sales, car repairs, servicing and MoT’s (y/e May 2010). The proprietor is a sole trader with four full-time staff and two part-time staff, comprising a sales manager, a workshop and aftersales manager, and two workshop technicians trained and qualified to Renault Mastertech and Servicetech standards.

Property
Showroom
A well-presented showroom with a tiled floor, suspended ceiling with recessed Cat II lighting, and full height sliding glass doors to the forecourt. There is a customer service desk and sales desk, disabled WC, staff rest area and parts store to the rear. Stairs to the first floor.

First floor
Arranged as manager’s office with ancillary storage space.

Workshop
A modern building of steel portal frame construction with brick and block walls, insulated cladding and roof and an eaves height of 4.0m. There are two full-height roller shutter doors in the front elevation and a sliding door to the side, a concrete floor throughout and suspended strip lights. Two vehicle hoists.

Forecourt
Laid to tarmac and providing a display area for up to 20 vehicles, including customer parking. Access to the side and rear of the workshop.

Bungalow
The property has recently been renovated to a high standard, and comprises kitchen, bathroom, utility room, WC, living room, hall, dining room and four bedrooms. uPVC double glazing throughout and oil fired central heating via radiators. Rear patio and large garden with separate vehicular access.

Floor areas
Showroom 189.5sqm 2,040sqft
First floor 107.0sqm 1,152sqft
Workshop 331.7sqm 3,570sqft
628.2sqm 6,762sqft

Site area: 0.249 Ha 0.615 acres

Services
Mains water, electricity (single phase) and phone lines. Foul drainage is to two separate septic tanks, one of which is shared with the neighbouring residential property (also owned by the proprietor).

Business Rates
Rateable Value: £14,000 (2010)

Local Authority
Breckland District Council

Tenure
Freehold with vacant possession on completion.

Guide Price
£750,000 to include the goodwill of the business, the property, the fixtures and fittings and the equipment, but excluding Stock at Valuation (SAV).

VAT
VAT will not be charged on the transaction.

Property information

Property:

Freehold

Living accommodation:

Bungalow The property has recently been renovated to a high standard, and comprises kitchen, bathroom, utility room, WC, living room, hall, dining room and four bedrooms. uPVC double glazing throughout and oil fired central heating via radiators. Rear patio and large garden with separate vehicular access.

Location:

The Property is located just off the A1066 Diss - Thetford road at Pooley Street, approximately four miles west of Diss and 12 miles east of Thetford. The business serves a largely rural catchment and is easily accessible.

Premises details:

Showroom
A well-presented showroom with a tiled floor, suspended ceiling with recessed Cat II lighting, and full height sliding glass doors to the forecourt. There is a customer service desk and sales desk, disabled WC, staff rest area and parts store to the rear. Stairs to the first floor.

First floor
Arranged as manager’s office with ancillary storage space.

Workshop
A modern building of steel portal frame construction with brick and block walls, insulated cladding and roof and an eaves height of 4.0m. There are two full-height roller shutter doors in the front elevation and a sliding door to the side, a concrete floor throughout and suspended strip lights. Two vehicle hoists.

Forecourt
Laid to tarmac and providing a display area for up to 20 vehicles, including customer parking. Access to the side and rear of the workshop.

Floor areas
Showroom 189.5sqm 2,040sqft
First floor 107.0sqm 1,152sqft
Workshop 331.7sqm 3,570sqft
628.2sqm 6,762sqft

Site area: 0.249 Ha 0.615 acres

Business Operation

Reasons for selling:

Retirement.

Employees:

4 full time and 2 part time staff

Years established:

30 years

Other information

Related documents:

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