Chartered Surveyors and Business Property Specialists
Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

For Sale
1 of 4

Jubilee Garage, Jubilee Road, Falmouth

Business for sale

£435,000 Guide price

Freehold

A very well established Freehold Garage Business in the Heart of Falmouth being offered with the benefit of spacious owners accommodation and tremendous scope for growing the turnover as the business currently trades Monday-Friday only.

  • ESTABLISHED FREEHOLD GARAGE BUSINESS (33 YEARS)
  • SPACIOUS 2 BEDROOMED OWNERS APARTMENT
  • SITUATED IN A DENSELY POPULATED AREA
  • WORKSHOP EXTENDS TO APPROX 2100 SQFT
  • EPC: D84

Property Brochure PDF Location Map

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 property is within Band D84.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/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 pc@miller-commercial.co.uk

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.

Interested in this Property?
Connect with our Expert

Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

Property Brochure PDF