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Parking/garage for sale

£35,000

Unit 3, Exbridge Ind Est, Dulverton TA22

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Property description

Business
Hilton Smythe welcomes to the market Brian Davies, a long-established automotive re-finishing business For Sale due only to our client passing the age of a well-earned retirement.

A well respected, bespoke, and largely local ‘go-to’ automotive paintwork restorer and re-finishing business established over many decades. Largely unopposed and serving a fantastic wider catchment area, there is a limited offering of this type of service for a large radius, making the order book consistently full. The average invoice and job sheet shows circa £400 to £600, with plenty of insurance work also available. Hands on car spraying, damage repair and touch up, with a renowned customer service ethos.

In our client's careful ownership for decades, his reputation locally and further a field has always been second to none. Benefitting plenty of regular and repeat custom over many years owing to the quality and effectiveness of the work, referrals and recommendations have rarely been an issue; One reason the order book is always booked solid in advance.

A great little business at an all-inclusive entry level price, there is plenty of room for organic growth and scope. The addition of any affiliation to national crash repair, insurances, or similar schemes would push the business to a new level. Our client although always busy, operates at a pace to suit his lifestyle having already passed retirement age. Ideal first time buyer business for a recently qualified automotive trades person.

Location
Brian Davies Automotive is situated on the outskirts of Dulverton, West Somerset, close to the Exmoor National Park. A lovely and picturesque place to turn up for work every morning.

Brian Davies is part of a larger commercial and industrial complex at Exebridge Industrial Park, set in the rural outskirts of Dulverton, with the main operators being the John Deer engineers ‘Masons Kings’. The site is clearly visible from the roadside and has plenty of space for a-Board and swing signage, with plenty of free parking to the surrounds. Brian Davies is adjacent to and shares a mutual referral workload with the mot centre next door.

Situated on the A396 circa 3 miles from the small town of Dulverton and its amenities, public transport and local road networks are good, linking the A361 at Tiverton and the A39 Minehead Road via the Exmoor National Park. The wider and local population is circa 1500 people, with the villages of Bushford, Raddington, Shillingford, Bampton, Stoodleigh and Oakford all nearby.
Premises
An easily managed and functional premise circa 70 sqm.

Breeze block construction, with roller shuttered frontage, external parking area, internal operator office with independent external door, rear WC and fire exits.

No heating exists.

Assets include compressor unit, hand held spray guns, full tooling kit and roller draw unit, various other tooling kits and kit boxes, jacks, rack mount shelving and vice, air line, office furniture and equipment, ancillary and storage space.
Tenure
We are advised the business is being sold as a Leasehold business opportunity.

Held on a monthly license to occupy, subject to a rent of £990 per quarter.

Zero business rates payable.
Hours
The business opening hours:

The business operating hours have been set at a flexible pace that suits our client and his lifestyle, offering the scope and growth to be much more rigid and extended.
Staff
The business is run by a long standing single owner operator.
Financial profile
We are advised that the current annual turnover for the year ending 2016 was circa £15,000 with a gross profit of 80%

This has been shown as much higher on previous annual accounting information over the years.

The current asset value of the garage related kit is around £15,000.

What Zoopla users think of Exebridge

Overall rating:

  • currently 3.5 stars
Good - 72%

Ratings breakdown:

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Nearby transport

  • Tiverton Parkway (9.6 miles)
  • Newton St Cyres (16.5 miles)
  • Lapford (16.6 miles)
  • Exeter International Airport (19.9 miles)
  • Cardiff Airport (27.6 miles)
  • Bristol Airport (43.1 miles)
  • Minehead Harbour (14.0 miles)
  • Topsham Ferry Landing (22.9 miles)
  • Topsham Lock Ferry Landing (23.0 miles)

Nearby schools

View all schools in Mid Devon
  • Dulverton Junior School (2.0 miles)
  • All Saints CofE VC Infants School (2.0 miles)
  • Bampton Church of England Primary School (2.1 miles)
  • West Somerset College (12.9 miles)
  • Foxes Academy (13.2 miles)
  • Taunton School (17.7 miles)
  • Acorn School (6.3 miles)
  • Tiverton High School (7.2 miles)
  • Blundell's School (7.8 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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