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Poringland, Norwich, Norfolk

£995,000

£45.68 per sq ft

Business rates & charges may apply

EM&F East Anglia, East Anglia
SIZE AVAILABLE

21,780 sq ft

2,023 sq m

SECTOR

Garage for sale

Key features

  • Ideal Site For Redevelopment
  • Approximately 0.5 Acre Site
  • Circa 3,000 sq. ft. Existing Building
  • Centrally Located in Rapidly Expanding Village
  • Extensive Parking On-Site
  • Profitable, Long-Standing Business
  • Great Reputation With Customers
  • Approximately 5 Miles South of Norwich
  • Easy Access to A146, A47 & Norwich City
  • Potential Supermarket/Fuel/Retail/Housing (STP)

Description

Elvin's Garage offers servicing, MOT's, engine diagnostics, bodywork repairs, mechanical repairs, welding, clutches, brakes, car exhausts, safety checks, air conditioning servicing, car batteries, tyres, wheel alignment and balancing for all makes and models of cars and light commercial vehicles. The retail unit on site sells various automotive accessories and products, as well as taking payments for fuel sold on the forecourt. The business has a full complement of fully experienced staff in all departments, who are all long serving and trustworthy. Only now for sale due to the vendors wishing to retire, they have operated the business since 2003. This is a business for sale as a going concern and the owners would be willing to offer a handover period to ensure a smooth transaction for the new owner.

THE BUSINESS

EMF are delighted to present for sale this profitable and well-established garage business, situated in the prime village location of Poringland, approximately 5 miles south of Norwich City. Elvin's Garage has been serving the community since 2003, when the current owners took over the business. The site has been a garage and fuel station since 1957 and enjoys a loyal base of customers who return for the high-quality workmanship and excellent customer service - with much new work won from word-of-mouth. The business is located on the busy main road through the village and there is limited competition locally, with no other fuel station close-by. Poringland has a population of over 6,000 and offers a range of local amenities including shops, public houses, restaurants, schools, a modern medical centre and library. The business is easily accessible and enjoys excellent transport links to the A146, A47, Norwich City (approximately 5 miles north) and the surrounding towns and villages. Subject to planning, there is great scope to redevelop the site into a potential supermarket, petrol station with convenience store, further retail or housing to further compliment the existing business. This is a rare opportunity to acquire a thriving and reputable garage business in a sought-after location. If you are interested in finding out more about Elvin's Garage, please contact us to arrange a viewing.

PREMISES

The premises comprise of a detached single-storey building with a large forecourt that can accommodate a number of vehicles. Features include a reception area, an office, a customer waiting area and a w.c. The workshop is spacious and well-equipped with three ramps, inspection pit, an MOT bay and various tools and machinery, which you would expect to find within this type of business. There is also a secure storage area at the rear of the building, and the premises are secured with CCTV security cameras and an alarm system.

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ADDITIONAL INFORMATION

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: In order to release further information on the business - such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

REFERENCE NUMBER: P34624E.

OPENING HOURS: Monday to Friday, 8:00am to 6:30pm. Saturday, 8:00am to 4:00pm. Sunday, Closed.

TENURE: Freehold.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.

RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

EPC: The Energy Performance Certificate shows a rating of '83/D'. Full Energy Performance Certificate available on request.

PRICE: £995,000.

For the benefit of the freehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

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DISCLAIMER

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Energy Performance Certificates

EPC

Brochures

Poringland, Norwich, Norfolk

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Norwich Station3.9 miles
  • Brundall Gardens Station4.7 miles
  • Brundall Station5.1 miles

About EM&F East Anglia, East Anglia

116-118, Prince Of Wales Road, Norwich, NR1 1NS

EM&F East Anglia, East Anglia

Thinking of selling your business? That's our business!

EMF East Anglia are Business Transfer Agents with an office based in Norwich City, Norfolk.

We cover all of East Anglia - Norfolk, Suffolk, Cambridgeshire, as well as Warwickshire & Northamptonshire and have been operating as a group since 1963, making us the second oldest business transfer agency in the country.

If you are thinking of selling your business, get in touch on (01603)

More properties from EM&F East Anglia, East Anglia

Notes

These notes are private, only you can see them.

Disclaimer - Property reference P34624E. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by EM&F East Anglia, East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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