Business for Sale in BOVEY TRACEY, Devon CAR SERVICING, REPAIRS, MOT’S & SALES

Key Information

Reference

P36101N

Tenure

Freehold, Leasehold

Status

For Sale

Region

Devon

Sector

Mot Garages

Annual Sales

£551,032.00 Exc. VAT

Accommodation

No

Business Information

Impressive top performing MOTOR VEHICLE REPAIR, SERVICING, M.O.T, and CAR SALES CENTRE, occupying substantial high profile and highly valuable SOUTH DEVON site, situated on the edge of BOVEY TRACEY, the ‘Gateway to the Moor’. Adjacent the main A382 ensuring easy access, next to major visitor attraction, close town centre, residential areas, new residential developments, and industrial estates, being within easy reach of the A38 Devon Expressway with NEWTON ABBOT and EXETER quickly reached.

An immaculately presented enclosed secure site with purpose built detached premises, the forecourt easily able to accommodate 30 – 40 cars. The workshop is presented and equipped to the highest of standards with no expenditure considered necessary, includes brand new connected one person M.O.T test lane installed at a cost of approx. £30,000. Additional 2 further workshop ramps, external commercial ramp, reception, office, store, and valeting bay, with scope to extend the premises if required. A large self-contained flat exists above the premises, currently rented out, but included in the Freehold sale option, suit owners or can continue to be rented out to provide additional income.

A renowned 50+ year established and very profitable business with further opportunities still available for new owners to build on the current levels of successful trade. Commands excellent reputation ensuring masses of work in hand at any one time and regular repeat trade, predominantly local work from surrounding residential areas. Sales 2023 £551,032 ex Vat produces substantial 6 figure Net Profit, all from 5 day week, offering a rare opportunity with viewing recommended to appreciate size and presentation of site coupled with trading performance.

Freehold £730,000 (includes flat) sav OR Leasehold £199,950 (garage only) sav Ref: P36101N