Freehold Garage Services/MOT Bay & Car Sales Business Located In Oldbury

Oldbury, B68 0LR
£525,000
Business ID:
#2551
£525,000
  • Ref: 2551
  • Type: Garages
  • Availability: Under Offer
  • Veritas Categories: Commercial Property, Development Site, Garages
  • Business ID: 2551
  • Commercial Tenure: Freehold
  • Make Enquiry

Property Features

  • Freehold Garage Services
  • MOT Bay
  • Car Sales
  • Established Business
  • Busy Main Roan Location
  • Possible Development Site

Full Details

Freehold Garage Services/MOT Station & Car Sales Business Located In Oldbury
Ref 2551

Location
This unopposed and well established Freehold Garage is located on the (A4123) Wolverhampton Road in Oldbury. Situated within a highly visible and prominent trading position on a main set of traffic lights where the Wolverhampton Road meets Bleakhouse Road. The garage is just ¼ of a mile from the (A456) Hagley Road which gives easy access to Birmingham city centre (6 miles) and the M5 motorway (4 miles) which opens up all major motorway networks. The immediate area has plenty of industry, businesses and is densely populated with residential houses.

Freehold Asking Price: £525,000

Business Description
Veritas Business Sales are privileged to offer to the market this respected Freehold Garage which is located in Oldbury. There has been a garage here since 1939 and my client purchased the site back in 2003 but has traded as Highpoint Motor Company since 1984 at another site. He is now offering the business & property for sale so that he can enjoy a well deserved retirement.
Since ownership there has been continual investment in new 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. Highpoint Motor Company is owner operated with the help 3 full time technicians and 1 part time office person. For year ending 30th April 2020 they posted a turnover of £526,666 and they undertake class 4 MOT’s, along with general service and repair work and used car sales.
We believe that a new owner has the potential to increase trade should they wish by opening at weekends. Over the years they have built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established with further potential in a fantastic location which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Opening Times
Monday – Friday – 8.30pm –5.00pm
Sunday & Sunday – closed

Ground Floor
Reception office with sales desk, computer, wall mounted storage units, under stair storage cupboard and door leading to the workshops and door with stairs leading to the first floor.
Parts stores with storage racking.
Workshops comprising: 4 post ramp, 2 post ramp, tool bench, MOT bay, MOT waiting area and stairs leading to the first floor.
Valet bay with storage racks.
Storeroom with storage racking, compressor, oil tank, staff room area with seating, stainless steel sink drainer, base units, storage shelves and combination boiler.
Staff W/C with wash basin.

First Floor
Managers office with 2 x desks, sofa, 2 arm chairs, office units and cabinets.
Accounts office with desk, office storage units and cabinets. MOT office with desk and storage shelves.

External
Frontage with car sales area for (14). Rear car sales area for (6), parking for (8) and waste oil tank.

The property benefits from an intruder alarm, the workshops have roller shutters openings, and the offices have gas fired central heating and UPVC double glazing.

EPC Rating D