JUBILEE GARAGE, JUBILEE ROAD, FALMOUTH, TR11 2BA
• ESTABLISHED FREEHOLD GARAGE BUSINESS (33 YEARS) • SPACIOUS 2 BEDROOMED OWNERS APARTMENT • SITUATED IN A DENSELY POPULATED AREA • WORKSHOP EXTENDS TO APPROX 2100 SQFT
GUIDE PRICE £449,950 FREEHOLD
B39882
SITUATION Jubilee Garage is situated in the heart of the Harbourside town of Falmouth, which has a resident population of circa 20,000 and the business is located in one of the most densely populated areas of the town. DESCRIPTION This freehold property includes a spacious owners' apartment and a workshop that extends to approximately 2100 sqft with forecourt parking for 4 vehicles. The business has been operated by our client for more than 30 years and is concerned with all aspects of vehicle maintenance, repairs and MOT work in addition to vehicle sales which account for approx 25% of the turnover, the business currently employs two full time qualified mechanics and is now offered for sale owing to our clients wish to retire. Accounts for the year ending 5th April 2016 show a turnover of £137,727 with further accounting information being available subject to a viewing appointment. It is felt there is tremendous scope for growing the business further by additional advertising and with expanding the opening hours as our client currently trades on a Monday to Friday basis only. In summary this is an excellent opportunity to acquire one of Falmouth's longest established garage businesses and an early viewing is highly recommended. THE ACCOMMODATION COMPRISES (all areas and dimensions are approximate) WORKSHOP Extending to approximately 2100 sqft being
comprehensively equipped and comprising in brief, four post and two post 3 tonne ramps, engine hoist, gear box hoist, work benches, storage racks, diagnostic machine and all of the tools and equipment commensurate with running a busy garage of this nature. Off of the main workshop is an office, staff kitchen and utility room with stairs which give access to the first floor apartment which comprises:SITTING ROOM 3.95m x 5.47m BEDROOM 1 4.33m x 3.25m BEDROOM 2 3.81m x 2.39m. DINING ROOM/SECOND RECEPTION 3.95m x 5.47m. BATHROOM KITCHEN Fully fitted with a selection of base and wall units. Door to exterior staircase. AGENTS NOTE To the front of the building accessed over the forecourt are offices let out to a local taxi company at the rate of £50 per week. GENERAL INFORMATION LOCAL AUTHORITY Cornwall Council General Enquiries 0300-1234-100 Planning 0300-1234-151 www.cornwall.gov.uk ENERGY PERFORMANCE CERTIFICATE The Energy Performance Rating for this
B39882
property is within Band D. BUSINESS RATES We refer you to the government website https://www.tax.service.gov.uk/view-myvaluation/search. SERVICES Prospective owners should make their own enquiries of the appropriate statutory undertakers: Western Power: 0845 601 2989 South West Water: 0800 169 1144 Transco: 0800 111 999 STOCK To be taken at valuation. VALUE ADDED TAX All the above prices/rentals are quoted exclusive of VAT, where applicable. FINANCE If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below. CONTACT INFORMATION For further information or an appointment to view please contact either:Paul Collins on 01872 247029 or via email
[email protected] PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate. AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent. Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39. VIEWING: Strictly by prior appointment through Miller Commercial.
ESTATES GAZETTE Awarded MILLER COMMERCIAL Cornwall’s Most Active Agent 2011 - 2012 - 2013 - 2014 - 2015