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GRB Auto Engineering, Byland Road Garage, Coxwold, Yorkshire. YO61 4AD

Property Details
Agent Ref No: N101299
Category: For Sale
Business for Sale
Type: Petrol Station
Other
Mixed Use
Car Show Room
Offer Type:
Price: £450,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2008-11-19
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status:
More Than Business

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Description

Superb Opportunity To Purchase This Substantial And Well Maintained Detached Freehold Site Which Occupies An Outstanding Trading Position. Turnover £350,000 per annum

Business
This very well established concern, has an excellent reputation with local motorists for its reliability, integrity and quality of professional service in all its complementary areas of operation in the course of very many years' highly successful trading in a prominent position on a busy main tourist route through an attractive, prosperous and well populated residential village situated in a delightful rural area of North Yorkshire.
Operating from substantial and superbly fitted detached premises boasting extensive workshop, showroom and ancillary facilities which really must be viewed to be fully appreciated, the business is primarily equipped to the highest specifications to undertake MOT work together with a full range of associated general auto mechanical repairs, maintenance and diagnostic services and also conducts an extremely useful fuel sales operation and stocks a good choice of new and used vehicles, for all of which a strong and established regular local customer base drawn from a wide surrounding catchment area, combined with all the volume of year-round passing trade generated by such a prime rural main road position, results in consistently high levels of turnover and profitability which are currently achieved on a 5½ day working week.
The business is also one which occupies super premises of a size which would naturally furnish any enthusiastic purchaser with vast scope for continued growth and increased profitability, not least with regard to expansion into other areas of the highly diverse motor services and retail market, investment into additional staff and equipment in order to fully exploit local demand, operating considerably extended hours particularly at weekends, and to generally adopting a more vigorous marketing policy of its excellent existing facilities.
Alternatively, this versatile proposition would most certainly appeal to some similar-sized or larger allied enterprise looking to very significantly increase its existing share of the market by the acquisition of a substantial and extremely well located additional outlet with a valuable local name and a widespread client base.
The business is well fitted throughout and a valuable inventory of plant, tools and equipment is to be included in the sale price.

Premises
Very well maintained 2-storey freehold property also incorporates a smart self-contained 2-bedroomed flat providing a private, stylish and very convenient in-house living space on the first floor, making this very much a super high income producing home and a comprehensive commercial and residential proposition which ought not to be missed.
Ground Floor - Superbly fitted throughout, the business conducts its fuel sales operation from its large, uncovered forecourt area housing a prominent and fully equipped fuel island with 4 x fuel pumps served by large underground fuel storage tanks, in addition to a car washing area with full complement of modern power-jet machinery which we are informed is to be included in the sale price. Set back from the main forecourt area, and affording easy vehicle access by means of large industrial roller shutter doors, the property also incorporates a large garage workshop which we are advised extends to approximately 1,000sq.ft. and is equipped to the highest specifications to undertake a wide range of general auto mechanical repairs, maintenance and diagnostic services with 2x4 post ramps, 1x2 post ramp, 1 x portable ramp and a separate dedicated MOT bay with rolling road and full complement of testing equipment.
The business premises also boast a bright and well appointed internal auto sales showroom (approximately SOOsq.ft.) which may comfortably accommodate approximately 4 vehicles, together with a separate fully fitted and extensively equipped dedicated tyre fitting bay. Accessed directly from the workshop and showroom areas, or by means of its own separate personnel entrance, the property also provides further ancillary accommodation, which consists of a fully furnished and equipped client reception and service office together with all the usual washroom/WC facilities.
First Floor - Accessed by means of its own separate self-contained entrance and staircase from ground-floor level, to the first floor the property provides an excellent standard of well appointed private owners' accommodation which consists of a good-sized lounge and a modern, fully fitted domestic kitchen/breakfast room, together with 2 x bedrooms and a fully fitted bathroom/WC. The property also enjoys the benefit of oil-fired central heating and partial double glazing in addition to the added security benefit of a full alarm system.
Externally - Boasting an extensive frontage onto Byland Road, to the exterior the premises are prominently signed and attractively presented and incorporate ample general parking, open working yard and auto sales display areas in addition to a small and well maintained private garden.