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Garage Business With Freehold W14 With Planning Permission For Sale

Hammersmith, London
Freehold Price:
£1M - £5M Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Successful and well established vehicle repair and MOT business and commercial freehold available for sale due to owners impending retirement.

Price for commercial property Freehold (Approximately 7,500 sq. ft.). The property offers an exciting high yield investment opportunity for a 9 residential units development scheme in an area with demand outstripping supply and rising property prices

Absolutely no canvassing. Offers invited as a confidential sale to finance ready buyers.

Property information

Property:

Available as freehold and leasehold

Location:

Prime location in Hammersmith West London, W14 area.

Set within a residential turning just yards from the main road linking Hammersmith and Shepherds Bush.
The location attracts constant foot traffic from shoppers, commuters and residents living in the most densely populated area in the borough.

The catchment area is affluent with a high density of prosperous professionals and well off young families in high value homes.

Premises Details:

The garage area is approximately 7500 sq ft. The premises comprises a large main production area with the capacity for approximately 20 cars with 4 hydraulic ramps, 1 MOT hydraulic ramp, wheel balancer, engine wash, diagnostic equipment and general working stations, a reception/customer observation area with service desk, 2 WC's, stock room, staff canteen/kitchen area, and an office on a mezzanine floor. A second garage/production area is accessed from the first and can handle/ store approximately 10 cars at any one time, with a further recess area currently used for equipment storage.

The garage premises are fully alarmed with a RedCare system and monitored by 24 hour CCTV.

Size in square feet:
7,500
Planning Consent:

Consent approved for the development of 9 residential units

Business Operation

Expansion Potential:

This garage has a huge client base built up over thirty five years.
For a buyer with the right experience and drive there is the potential to significantly increase trade.
Additional ramps could be introduced subject to planning consent to cater for increased throughput.
.

Competition / Market:

There are two other garages, both specialising in MOT's. One is due to close because of end of lease leaving the
business as the main supplier of comprehensive garage services, in the largest premises in the area.

Reasons for selling:

Retirement/ moving abroad.

Trading hours:

Mon thru Fri ... typical office hours
Sat ... half day opening
Some restrictions on hours are in place due to neighbouring residential dwellings.

Years established:
35 years

Other Information

Support & training:

The owner will provide full support and training as long as needed.

Leasehold asking price:
On request - Furniture / Fixtures and Inventory / Stock included

Contact Information

    1. Your Address

    2. Optional
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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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