£365,000
Parking/garage for saleWrights Lane, Torquay TQ1
Freehold
About this property
Well Established Car Service/Repairs Garage & mot Testing Centre For Sale (Freehold & Business)
Net Internal Area 336.37m2 (3,620 sq ft)
Large Open Plan Garage with 4 Ramps, Ancillary Space, Stores, Office & WC's
Well Performing and Profitable Business Established in 1976
Huge Potential to Grow Under New Ownership - Genuine Retirement Sale
The garage is located on Wrights Lane, a mixed commercial and residential area of Torquay, with easy access to the town centre and to the bypass at Edginswell which connects to Newton Abbot, Exeter and the M5/A30 beyond.
Torquay is a major town of the three Torbay towns that make up the English Riviera. Torquay is a popular place to live and work, with all the major services expected of a town of this size.
A single storey light industrial building fronting onto Wrights Lane with two roller shutter access doors to the side of a small forecourt. The premises is arranged as main workshop with ancillary workshop stores to the side and rear with an internal office and mezzanine storage above.
Roller Entrance Door (13' 9'' x 17' 2'' (4.18m x 5.23m))
Garage Workshop (66' 8'' x 33' 6'' (20.31m x 10.22m) (max))
Large open plan workshop area with mot testing area. 2 x two poster ramps and 2 x flat bed 4 poster ramps. Break roller testing area, compressor airlines and 3 Phase electrical supply. Pitched roof with apex 6.77m high and windows to 3 sides.
Compressor Room/Store (22' 0'' x 6' 0'' (6.71m x 1.83m))
Store Room (7' 10'' x 4' 2'' (2.39m x 1.28m))
Ancillary Workshop (38' 3'' x 11' 9'' (11.65m x 3.58m) (at widest point))
Roller Entrance Door (9' 5'' x 11' 7'' (2.88m x 3.52m))
Further Store Room (34' 5'' x 9' 11'' (10.50m x 3.02m))
Office Building
Situated within the main workshop area with mezzanine comprising:-
Main Office (15' 0'' x 10' 5'' (4.58m x 3.17m))
Ladies & Gents Toilets
Utility Area
With plumbing for washing machine.
Stairs to:-
First Floor
Store Room 1 (15' 2'' x 10' 8'' (4.62m x 3.26m))
Room 2 (14' 1'' x 8' 0'' (4.28m x 2.45m))
Hardstanding To Outside
Hardstanding to the side of the property with access to the two roller shutter doors. Parking for 2 cars.
General Information
The Business
Wrights Lane Garage is an extremely well established family business with a wide ranging and loyal customer base covering the Torquay and South Devon area. The business was established in 1976 and has operated over two generations. The two owners (brothers) are looking to retire and to pass the business onto a new operator who will undoubtedly have the energy to push business further and increase turnover and profit.
The existing business is however still very lucrative and provides a very strong income in its current guise. The business is multi-faceted and specialises in mot testing and general vehicle servicing and repairs. Wrights Lane Garage also offers clutch repairs and servicing, exhaust inspection and repairs, diagnostics, welding repairs and starter motor/battery repairs and replacements.
The business is presently run by the owners with the assistance of one full time member of staff. The sale will be treated as a togc (Transfer of a Going Concern).
Further profit and loss accounts will be made to bona fide interested parties, following a formal viewing arranged through the Sole Selling Agents, Bettesworths.
Rateable Value
2023 List: £16,500.
Please note this is not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.
Inventory
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.
EPC Rating E
Torquay is a major town of the three Torbay towns that make up the English Riviera. Torquay is a popular place to live and work, with all the major services expected of a town of this size.
A single storey light industrial building fronting onto Wrights Lane with two roller shutter access doors to the side of a small forecourt. The premises is arranged as main workshop with ancillary workshop stores to the side and rear with an internal office and mezzanine storage above.
Roller Entrance Door (13' 9'' x 17' 2'' (4.18m x 5.23m))
Garage Workshop (66' 8'' x 33' 6'' (20.31m x 10.22m) (max))
Large open plan workshop area with mot testing area. 2 x two poster ramps and 2 x flat bed 4 poster ramps. Break roller testing area, compressor airlines and 3 Phase electrical supply. Pitched roof with apex 6.77m high and windows to 3 sides.
Compressor Room/Store (22' 0'' x 6' 0'' (6.71m x 1.83m))
Store Room (7' 10'' x 4' 2'' (2.39m x 1.28m))
Ancillary Workshop (38' 3'' x 11' 9'' (11.65m x 3.58m) (at widest point))
Roller Entrance Door (9' 5'' x 11' 7'' (2.88m x 3.52m))
Further Store Room (34' 5'' x 9' 11'' (10.50m x 3.02m))
Office Building
Situated within the main workshop area with mezzanine comprising:-
Main Office (15' 0'' x 10' 5'' (4.58m x 3.17m))
Ladies & Gents Toilets
Utility Area
With plumbing for washing machine.
Stairs to:-
First Floor
Store Room 1 (15' 2'' x 10' 8'' (4.62m x 3.26m))
Room 2 (14' 1'' x 8' 0'' (4.28m x 2.45m))
Hardstanding To Outside
Hardstanding to the side of the property with access to the two roller shutter doors. Parking for 2 cars.
General Information
The Business
Wrights Lane Garage is an extremely well established family business with a wide ranging and loyal customer base covering the Torquay and South Devon area. The business was established in 1976 and has operated over two generations. The two owners (brothers) are looking to retire and to pass the business onto a new operator who will undoubtedly have the energy to push business further and increase turnover and profit.
The existing business is however still very lucrative and provides a very strong income in its current guise. The business is multi-faceted and specialises in mot testing and general vehicle servicing and repairs. Wrights Lane Garage also offers clutch repairs and servicing, exhaust inspection and repairs, diagnostics, welding repairs and starter motor/battery repairs and replacements.
The business is presently run by the owners with the assistance of one full time member of staff. The sale will be treated as a togc (Transfer of a Going Concern).
Further profit and loss accounts will be made to bona fide interested parties, following a formal viewing arranged through the Sole Selling Agents, Bettesworths.
Rateable Value
2023 List: £16,500.
Please note this is not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.
Inventory
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.
EPC Rating E
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