Profitable Garage Business In Prominent Position With House For Sale

Business description

Location
The Property is situated in Shelfanger, a small village to the north of Diss, Norfolk. It is located on the crossroads in the centre of the village, on the busy B1077 Diss /Attleborough road.

Diss offers a wide range of services and amenities and has good road links via the A140 and the A143, as well as a mainline railway station with services to Norwich, Ipswich and London Liverpool Street.

Description
The property comprises:
• Workshop 93.6sqm / 1,008sqft
• Office & WC
• Forecourt with petrol pumps
• Display area for approximately 16 cars
• Grade II listed cottage

The Business
Run for over twenty years by Bowman Brothers, Cross Keys Garage is being sold as a going concern due to retirement.

Accounts
We are verbally informed that the headline figures are as follows:

2009 2010
Turnover £884,349 £700,702
Net profits £105,401 £83,375

We understand that fuel sales amount to approximately 25,000 litres per month. The sale of motor fuels has a beneficial effect on business rates although interested parties are advised to make their own
enquiries of the Local Rating Authority.

The vendors will be pleased to supply copies of the accounts upon request.

Workshop
The workshop is of steel portal frame construction under a part tiled and part single skin profile metal sheet roof with brick walls, with concrete floor and roof and strip lights throughout. There are two large doors to the front, and inside there is a 4 post ramp and a 2 post ramp.

Petrol
The garage benefits from a petrol forecourt with two petrol delivery pumps in use (four in total) supplied from three underground tanks.

Car Sales
There is a car sales area to the font of the forecourt with space for up to 16 vehicles.

Residential
The attached cottage is in need of decoration and modernisation throughout. Accommodation comprises a kitchen/breakfast room with two living rooms on the ground floor, and four bedrooms and a bathroom on the first floor. There is a small garden to the rear.

Services
Mains water, gas fired central heating in the house, Klargester sewage treatment plant, and three phase electricity.

Tenure
Freehold for sale as a going concern

Guide Price
£440,000

Business Rates
At present we understand that the property is exempt from business rates, but we advise that prospective purchasers make their own enquiries of the Local Authority.

Local Authority
South Norfolk District Council

Energy Performance Certificate (EPC)
An EPC has been ordered and will be made available on request.

Costs
Each party will be responsible for their own legal costs

Viewing
By prior arrangement with the joint agents:


Contact: Oliver Chapman or

Contact: Will Wright by clicking on the contact seller button below.

Joint Agents

Misrepresentation Act 1967: These details are believed to be correct, but cannot be guaranteed, and they are expressly excluded from any contract. Any price, rent or premium quoted is exclusive of VAT unless specifically otherwise stated.

Property information

Property:

Freehold

Living accommodation:

The attached cottage is in need of decoration and modernisation throughout. Accommodation comprises a kitchen/breakfast room with two living rooms on the ground floor, and four bedrooms and a bathroom on the first floor. There is a small garden to the rear.

Location:

The Property is situated in Shelfanger, a small village to the north of Diss, Norfolk. It is located on the crossroads in the centre of the village, on the busy B1077 Diss /Attleborough road.

Diss offers a wide range of services and amenities and has good road links via the A140 and the A143, as well as a mainline railway station with services to Norwich, Ipswich and London Liverpool Street.

Premises details:

The property comprises:
• Workshop 93.6sqm / 1,008sqft
• Office & WC
• Forecourt with petrol pumps
• Display area for approximately 16 cars
• Grade II listed cottage

Other information

Reasons for selling:

Retirement

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