Business for Sale in Poringland | Norwich, Norfolk Garage, Workshop, Fuel Station, Retail & Redevelopment Potential

Key Information

Reference

P34624E

Tenure

Freehold

Status

Sold

Region

Norfolk

Sector

Garages

Business Rates

Nil. We are advised that the business benefits from Small Business Rate Relief.

Accommodation

No

Business Information

GARAGE, WORKSHOP, FUEL STATION, RETAIL & REDEVELOPMENT POTENTIAL: Elvin's Garage offers servicing, MOT's, engine diagnostics, bodywork repairs, mechanical repairs, welding, clutches, brakes, car exhausts, safety checks, air conditioning servicing, car batteries, tyres, wheel alignment and balancing for all makes and models of cars and light commercial vehicles. The retail unit on site sells various automotive accessories and products, as well as taking payments for fuel sold on the forecourt. The business has a full complement of fully experienced staff in all departments, who are all long serving and trustworthy. Only now for sale due to the vendors wishing to retire, they have operated the business since 2003. This is a business for sale as a going concern and the owners would be willing to offer a handover period to ensure a smooth transaction for the new owner.

THE BUSINESS:

EMF are delighted to present for sale this profitable and well-established garage business, situated in the prime village location of Poringland, approximately 5 miles south of Norwich City. Elvin's Garage has been serving the community since 2003, when the current owners took over the business. The site has been a garage and fuel station since 1957 and enjoys a loyal base of customers who return for the high-quality workmanship and excellent customer service - with much new work won from word-of-mouth. The business is located on the busy main road through the village and there is limited competition locally, with no other fuel station close-by. Poringland has a population of over 6,000 and offers a range of local amenities including shops, public houses, restaurants, schools, a modern medical centre and library. The business is easily accessible and enjoys excellent transport links to the A146, A47, Norwich City (approximately 5 miles north) and the surrounding towns and villages. Subject to planning, there is great scope to redevelop the site into a potential supermarket, petrol station with convenience store, further retail or housing to further compliment the existing business. This is a rare opportunity to acquire a thriving and reputable garage business in a sought-after location. If you are interested in finding out more about Elvin's Garage, please contact us to arrange a viewing.

PREMISES:

The premises comprise of a detached single-storey building with a large forecourt that can accommodate a number of vehicles. Features include a reception area, an office, a customer waiting area and a w.c. The workshop is spacious and well-equipped with three ramps, inspection pit, an MOT bay and various tools and machinery, which you would expect to find within this type of business. There is also a secure storage area at the rear of the building, and the premises are secured with CCTV security cameras and an alarm system.

ADDITIONAL INFORMATION

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: In order to release further information on the business - such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

REFERENCE NUMBER: P34624E.

OPENING HOURS: Monday to Friday, 8:00am to 6:30pm. Saturday, 8:00am to 4:00pm. Sunday, Closed.

TENURE: Freehold.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.

RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

EPC: The Energy Performance Certificate shows a rating of '83/D'. Full Energy Performance Certificate available on request.

PRICE: £995,000.--.

For the benefit of the freehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That’s our specialty. If you’re curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.

DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.