Description

SUMMARY

Operated by the current owners for the last 26 years, this well-established garage business is available for sale and has plenty of potential for growth or to look at alternative uses of the site. The buildings on site are approximately 3,000 sq ft and in good condition. The site is held on two titles.

LOCATION

The property is situated in the village of Hunsdon in Hertfordshire. It is a short distance from the towns of Harlow & Ware. Situated on the High Street in Hunsdon, the business is visible to everyone in the village that lives there or is passing through. The village also has a school, church and a few pubs. The population is approximately 1,100 people with a number of new residential developments happening in the local area.

THE PROPERTY

This is a traditional garage business located in the village of Hunsdon. The premises are visible from the main road that passes through the village and have been established for many years and in the current ownership for the last 26 years.

The main building at the front of the site consists of the reception/retail area on the ground floor as well as toilet facilities and the main workshop area which includes an MOT bay with inspection pit and 2 service ramps.

There is potential to increase or diversify the business use of the property. As a garage there is greater scope for more repairs/MOT work as well as potential use of the forecourt for sales. The retail/reception area can be stocked with everyday good to encourage greater footfall through the door and to encourage more people from the village to use the business on a daily basis.

BUSINESS RATES

The Rateable Value (RV) is £15,250 from April 2017. The business does not currently have to pay business rates. Please see the Valuation Office Agency website at www.voa.gov.uk for more information.

PRICE

To include freehold premises, fixtures & fittings: £795,000

The Rating is ‘E’.