Chartered Surveyors and Business Property Specialists
Garage for sale / Leasehold

£75,000

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Available
1/13
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Tinhay Garage, Station Road, Lifton, Devon

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Overview

  • PURPOSE BUILT (1979) REPAIR GARAGE AND WORKSHOP
  • VERY WELL EQUIPPED WITH 3 RAMPS AND ASSOCIATED MACHINERY
  • TO BE OFFERED WITH A NEW 10 YEAR RENEWABLE LEASE
  • 957 SQ M (1040 SQ FT) WORKSHOP AND 44.1 SQ M (474 SQ FT) BODYSHOP
  • CONSISTENT TURNOVER AND NET OF C. £68,000 (AFTER MARKET RENT OF £15,000)
  • HUSBAND AND WIFE OWNERS, GENUINE SALE
  • EPC – D83

A purpose built (1979) very well equipped garage and workshop to be sold with a renewable lease (or freehold) option. The main workshop is cavity block, insulated and has a central eaves height of 4.75m. Also, a store room, office / wc and parking to the side and front of the building plus an area adjacent to the garage for overflow.

EBITDA of £68,919 for Leasehold purchase of £83,919 for Freehold purchase, operating 4 days pw

Interested in this Property?
Connect with our Expert

Graham Timmins Associate / Head of Business Transfer View Profile

Call: 01872 247019
Email: gt@miller-commercial.co.uk

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1/13
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  • GARAGE – HIRE, SERVICING, REPAIRS AND MOT’S (CLASS 4)
  • LOCATED NEAR ST AUSTELL TOWN CENTRE
  • APPROX. 656 SQM WORKSHOP, PLUS 100 SQM ANCILLARY
  • WITHIN APPROX 0.4 ACRES OF SECURE LAND / YARD
  • PURPOSE BUILT IN 1970’S, WELL EQUIPPED FOR PURPOSE
  • RETIREMENT SALE – CURRENT OWNERS 35 YEARS
  • EPC – E 123
Graham Timmins Associate / Head of Business Transfer