Jubilee Garage, Jubilee Road, Falmouth

For sale £435,000 2,100 sq ft
Full address
Jubilee Garage, Jubilee Road, Falmouth - Falmouth
Contact details
Asking price
£435,000
Property type
Industrial unit for sale
Features
Car park, Kitchen, Reception, Spacious, Storage
Size
2,100 sq ft
Tenure
Freehold

• ESTABLISHED FREEHOLD GARAGE BUSINESS (33 YEARS)
• SPACIOUS 2 BEDROOMED OWNERS APARTMENT
• SITUATED IN A DENSELY POPULATED AREA
• WORKSHOP EXTENDS TO APPROX 2100 SQFT
A very well established Freehold Garage Business in the Heart of Falmouth being offered with the benefit of spacious owners accommodation and tremendous scope for growing the turnover as the business currently trades Monday-Friday only.
Jubilee Garage is situated in the heart of the Harbourside town of Falmouth, which has a resident population of circa 20,000 and the business is located in one of the most densely populated areas of the town.
This freehold property includes a spacious owners' apartment and a workshop that extends to approximately 2100 sqft with forecourt parking for 4 vehicles. The business has been operated by our client for more than 30 years and is concerned with all aspects of vehicle maintenance, repairs and MOT work in addition to vehicle sales which account for approx 25% of the turnover, the business currently employs two full time qualified mechanics and is now offered for sale owing to our clients wish to retire.
Accounts for the year ending 5th April 2016 show a turnover of £137,727 with further accounting information being available subject to a viewing appointment. It is felt there is tremendous scope for growing the business further by additional advertising and with expanding the opening hours as our client currently trades on a Monday to Friday basis only.
Extending to approximately 2100 sqft being comprehensively equipped and comprising in brief, four post and two post 3 tonne ramps, engine hoist, gear box hoist, work benches, storage racks, diagnostic machine and all of the tools and equipment commensurate with running a busy garage of this nature.
Off of the main workshop is an office, staff kitchen and utility room with stairs which give access to the first floor apartment which comprises:-
Fully fitted with a selection of base and wall units. Door to exterior staircase.
To the front of the building accessed over the forecourt are offices let out to a local taxi company at the rate of £50 per week.

This industrial unit for sale is located in Falmouth

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National rail 0.8m Penmere
Nearest airport 32.2m Newquay

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