Freehold MOT Station/Garage & Car Sales Business Located In Launceston

Launceston, Pl15 7AS
£374,950
Business ID:
#2474
£374,950
  • Ref: 2474
  • Type: Garages
  • Availability: For Sale
  • Veritas Categories: Commercial Property, Development Site, Garages, Motoring
  • Business ID: 2474
  • Commercial Tenure: Freehold
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Property Features

  • Established Business
  • Great Reputation
  • Freehold
  • MOT Station
  • Garage Services
  • Possible Development Site

Full Details

Freehold MOT Station/Garage & Car Sales Business Located In Launceston
Potential Development Site
Ref 2474

Location
East Cornwall Garage is situated in the former market town of Launceston which lies on the Cornish side of the border with Devon. Its location conveniently sits between the city of Plymouth (approx 25 miles), the North Cornish coastal town of Bude (approx. 20 miles) and within 15-20 miles of both Bodmin Moor and Dartmoor. Launceston sits alongside the A30 dual carriageway – the main link for Cornwall and Devon. Travelling East on the A30 leads to Devon, the city of Exeter (42 miles reached within approx. 1 hour) providing intercity rail links, airport and the M5 motorway. To the west is Cornwall with Truro being Cornwall’s only Cathedral town (approx. 45 miles).
Asking Price: £374,950


Business/Site Description
Veritas Business Sales are delighted to offer for sale this respected MOT and Servicing Garage which is located in the desirable town of Launceston in East Cornwall. The business has been established since 1971 and been in the same family since that time passing through 2 generations. Our clients are now reluctantly offering for sale so that they can enjoy a deserved retirement. The business has maintained continual investment over the years and all fixtures and fittings detailed are included within the sale, free from lease and owned outright, in order that any prospective new owner can continue to run without any gap in trading. The business is owner operated and most recent accounts are currently being prepared, but year ending 30th November 2018 showed a turnover at £219,098 and GP at £105,120. The garage currently offers a full range of services including MOT’s, servicing, maintenance, breakdowns, car sales and air conditioning servicing. The current owners have invested in and explored the idea of development of the site and as such have produced plans for the conversion into 9 flats. Although permission has not been sought, the pre-approval has been granted. So, a development opportunity is most definitely an option. The business enjoys a strong reputation within the local community and beyond and enjoys a high level of regular and repeat trade. We believe that there is further potential to increase turnover further by expanding current trading hours, undertaking a market campaign and adding a website to keep up with the demands of online advertising. This is a superb opportunity to purchase an established business with lots of potential and an early viewing is highly recommended as it is not one to be missed.



Opening Hours
Monday – Friday – 9.00am – 5.00pm
Saturday & Sunday – closed

Ground Floor
MOT Bay (8.8m x 4.5m) comprising: roller brake tester (Kismet), emissions tester (Sun DGA 2500), laser headlight aim tester (Snap-On), dynometer/brake tester (Bomonk), MOT jack (Werther 2000kg) and inspection pit.
Office 1 (2.2m x 2.8m) comprising: filing cabinet, 3 chairs, electronic cash register, computer and desk.
Workshop (10.8m x 8.9m) comprising: shot blasting cabinet (Sealey), lathe (Harrison), tyre racking, spring compressor (Sealey), elec/hydro lift (Bradley), 2 vices, 10 tonne press (Sealey), oxy acetylene gas & trolley, tyre changing machine with run flat attachment (Bosch TCE4420), tyre balancer (Bosch WBE4100), diagnostic machine (Bosch KTS670), air con machine (Texa K650E and four wheel laser alignment (Sun).
Office 2 (2.1m x 1.9m) with desk, printer and computer.

First Floor
Storage area (15.m x 9.3m) with compressor (ABAC)
Office 1 (3.1m x 3.2m)
Office 2 (5.0m x 3.4m)


External
Car Park (15 x 15m) with space for 8 Vehicles

EPC Rating D