EXCEPTIONAL GARAGE AND DEVELOPMENT OPPORTUNITY - SOMERSETAdditional income from the let of 2 apartmentsEarly viewing essential to fully appreciateSituated in the coastal town of ClevedonHigh amount of regular amp; repeat tradeScope for further developmentIdeal partnership opportunityGenuine reason for saleFREEHOLDASKING PRICEpound;1,400,000 Plus SAVRef: 3538LocationThis exceptional freehold opportunity has a prime location in the highly desirable seaside town of Clevedon which is in Somerset. The property stands proud close to the seafront. The location is ideal as it offers easy access to all of Clevedons major attractions, making it a perfect central point to experience the very best of the town. The town is all situated a short drive from Weston Super Mare which has always been a hugely popular British seaside resort attracting visitors both foreign and domestic throughout the year. The town really does offer something for everybody from having a good variety of shopping facilities, beautiful beaches, a welcoming and friendly local community coupled with very easy road and rail access. It sits less than 2 miles away from the M5 motorway which makes visiting and commuting very easy.Business HistoryMeridian Business Sales are delighted to offer for sale this fantastic opportunity which has been established since the 1940 and has been in the careful hands of our clients for the last 30 years. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover is derived from offering professional vehicle service and repairs to a wide range of clients. The business does not currently invest in any advertising and we believe it would benefit massively from the introduction of a website. The premises and land also obtain 2 residential apartments which are currently let on a long term basis bringing in an additional income of pound;17,000pa. They also have various development land and outbuildings to the rear which could be used for various uses subject to planning permission. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a good foundation business with massive development potential and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.Financial ProfileTurnover: Gross profit: pound;100,000paTenureWe are advised freeholdOpening HoursMonday to Friday: 8:00am - 5:30pmSaturday: 9:00am - 1:00pmSunday: ClosedPremises DetailsThe subject property comprises a large Victorian/Edwardian building towards the front of the site, together with two single storey adjoining probably 1930/50s vehicle repair garage buildings amp; to the rear storage amp; parking.We describe the constituent elements as follows:Front Building - The front building comprises a large detached Victorian/Edwardian stone built property built over basement, ground and first floors under a hipped and pitched tiled roof.This part of the property comprises:Ground floor office/retail unit - this is a one room shop/office with an open plan area to the front together with partitioned WC and office/store to the rear. This is of a relatively basic specification although is well presented.Ground floor flat - this has an L shaped unit over the entire ground floor of tine building with the exception of the area taken up by the officelretail unit. Internally there is an entrance lobby, large hallway, reception room, kitchen, bathroom and bedroom. The specification is standard domestic. This part of the property is accessed from the side of the building via a single storey entrance lobby.First floor flat - this is accessed from the side of the building via an external concrete staircase. Internally this comprises a large hallway, kitchen/breakfast room, bathroom, three bedrooms and a large reception room. This has a standard domestic specification.b) Vehicle repair garage - This comprises two adjoining workshop buildings to the rear of the site. These are attached to the rear part of the building to the front of the site.The building to the right is constructed of brick, under a steel framed pitched corrugated asbestos roof and is primarily rectangular shaped. Internally there is a spray booth to the rear right side of the unit. There is a roller shutter door to the front elevation measuring 3.34 m (w) x 2.16 m (h).There is an eaves height of 2.43 m with the ridge rising to 4.33 m. There is a maximum working height beneath the steel roof structure of 2.3 m. The specification is relatively basic with painted brick walls and concrete floors.The second building immediately adjoining the rear of the front building is constructed of brick, under a corrugated asbestos roof with some more traditional type roof tiling. It is of an irregular shape, effectively comprising an open plan workshop area with staff WC to one side and door through to a store room. There is access to a basic quality first floor mezzanine. There is a roller shutter door which measures approximately 4.48 m (w) x 3.26 m (h).The eaves within this part of the property are 4.16 m and the ridge 6.64 m. The maximum working height beneath the steel roof structure is 3.67 m.In addition ancillary accommodation is provided within the lower ground/basement level of the building to the front of the site. This comprises an open plan sales office, a store, kitchen/lobby, staff room, additional store and customer WC facilities. The maximum working height in the ancillary accommodation areas is 2.67 m.Externally to the front there is a driveway/parking for a number of vehicles and a forecourt to the front of the main building.AccommodationFront BuildingOffice/retail unit - Net internal 20.6 msup2; 221 ftsup2;Ground floor flatLounge 5.12 m x 4.47 mKitchen 3.38 m x 3.18 mBathroom 1.63 m x 1.66 mBedroom 3.40 m x 4.52 mTotal Gross Internal Area 65.4 msup2; 704 ftsup2;First floor flatLounge 5.07 m x 4.45 mKitchen 3.38 m x 4.48 mBathroom 1.38 m x 2.44 mBedroom 3.40 m x 3.04 mBedroom 3.40 m x 1.99 mBedroom 4.11 m x 4.50 mTotal Gross Internal Area 91.1 msup2; 981 ftsup2;Vehicle Repair GarageTotal Gross internal Area 371.5 msup2; 3999 ftsup2;To the rear of the workshop is parking for a number of vehicles amp; large storage area....
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