Retail Property For Sale Squires Gate Lane South Shore Blackpool, FY4 3RF

Key Features
* Repair Garage & MOT Servicing
* Established Business
* Located on a Main Road Position
* Forecourt with In Out Access
* Parking for 6 Motor Vehicles

Property Description

An old established garage business located in a main road position on Squire Gate Lane at South Shore. The leasehold premises provides a workshop & MOT bay plus 2 tyre stores & 2 offices, total area approximately 260sqm (2,800 sq ft). Forecourt with in and out access and parking for 6 cars plus a covered tyre bay. Substantial turnover and profits produced. Viewing recommended. Original 7 year lease from 2012, rent £300 per week (£15,600 pa).
On the Northerly frontage of Squires Gate Lane at South Shore opposite Blackpool Business Park easily accessible for South Blackpool and St Annes

Accomodation Comprising

Ground Floor

Workshop with bay 3.6m x 5.2m; main workshop and MOT area 11m x 9m; additional workshop area 4.5m x 8.2m with lean to tyre store 5.2m x 8.2m; sectional concrete tyre store 4.8m x 4.8m; office & reception 2.7m x 9m.

First Floor

Office 5.2m x 3.7m; Toilet.

Exterior

Drive in and out forecourt, parking 6 cars plus covered tyre bay.

Business

The business operates Monday to Friday 8am to 5.30pm and Saturday 8am to 1pm. Staff: Owner plus 2 full time mechanics. The business is fully equipped and a full inventory will be prepared by -----prior to exchange of contracts. The garage provides MOT, services, repairs and tyres with extracts from the vendor accounts (2016) confirming turnover levels in excess of £245,000 with a 48% gross margin after wages have been paid. Substantial net profits. Full accounts will be made available to interested parties after viewing.
Services

3 Phase electric and water services connected.

Tenure

TENURE: Leasehold. Original 7 year lease from 2012, rent £300 per week Stock at valuation
(£15,600 pa), Internal Repairing Term

Viewing

STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.