Falmouth, TR11

Freehold Garage Services In Falmouth For Sale

Owners 2 Bedroom Accommodation above

Ref T2060

Location

This established Freehold Garage Services business is located in the vibrant harbour town of Falmouth which has been voted as one of the most desirable places to live in the UK. Falmouth offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. Jubilee Garage operates from extensive freehold premises that benefits from free on street parking to the front of the premises. The area is well served by bus and rail transportation and is easily accessible to the A39.

Business information

Asking Price:£449,950

Turnover: £137,727 pa

GP: £66,251

Business rates: £907 pa

Business Veritas Business Sales are delighted to offer for sale this respected Garage services concern which is located in the highly desirable town of Falmouth. The business has been established since 1984 and has been in the careful hands of our client for the last 23 years and is reluctantly being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is very much owner operated and requires 3 full time members of staff and has an annual turnover of £137,727 with a GP of 48%. They offer a full range of service and repair work along with car body repairs. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. We believe that there is further potential to increase turnover by expanding upon the current trading hours, opening on Saturdays, undertaking a marketing campaign and maybe adding a website to keep up with the demands of online advertising. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours

Monday - Friday - 8.30am - 5.30pm

Saturday & Sunday - Closed

Ground Floor

Office (sub-let)

Main office with shelving for stock, desk, seating and CCTV monitor

Large garage area comprising: two post ramp, four post ramp, engine hoist, coil press (Weber), table clamps, mig welder, trolley jack, compressor, diagnostic machine, Snap-On tool chest, 2 x angle grinders, gear box hoist, 2 x space heaters, work bench, storage racks and all the tools and equipment needed to run a busy motor repair garage.

Wash room with sink and shelving

First Floor

Double bedroom

Double bedroom with built in storage

Lounge with wooden flooring, skylights and electric fire

Kitchen/dining room with wall and base units, table & chairs and a cooker.

Bathroom with bath, WC and separate shower

Second lounge with skylights and electric fire.

The property benefits from gas central heating, CCTV and front electric roll shutter doors.