Retail premises for sale in Hereford Road, Bromyard HR7

Offers over £900,000 (£300/sq. ft)
Retail premises for sale 3,000 sq. ft*
Interested in this property? Call +44 121 721 9902 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Established Business
  • 1 Acre site with development potential
  • Potential to increase retail sales
  • High turnover
  • Profitable
  • Genuine retirement sale
  • Potential to live above

Property description

Petrol Station/mot Station & Garage Services Located In Bromyard
Potential Development Site For Dwellings (1 acre)
Ref 1074

Location
This outstanding concern is located on the southern edge of the town on the A465 which is a short distance from the busy A44. It is classed as a semi rural location with stunning views of open countryside. Bromyard is Herefordshire’s most unspoilt market town and offers much to it’s visitors to see and to do. Malvern, Worcester, Hereford and Ludlow are just a short drive away.

Financial information
Offers Over: £900,000 plus sav
Turnover: £906,906 pa
Gross Profit: £172,550
Stock value: £30,000

Business Description
Veritas Business sales are delighted to offer for sale this established petrol station, mot station and garage services concern. The business has been trading for over 50 years and been in the careful hands of the current owners for the past 18 years. Reluctantly the business is now being offered for sale so that the owners can enjoy a well deserved retirement. Since ownership of the business they have continually invested in new fixtures & fittings along with workshop equipment which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business has an annual turnover of £906,906 of which £575,159 is fuel sales, £209,374 is car repairs, and £47,635 from tyre sales. The remaining £74,738 comes from retail where they sell, confectionery, ice cream, drinks, newspapers, alcohol, car parts and accessories. The Gross profit is £172,550 which returns a healthy net profit. The business is owner operated and employs the help of 5 full time and 2 part time members of staff. We believe that there is further potential for any new operator to increase trade by expanding upon on the car sales pitch and by joining a multiple brand to increase retail shop sales. There is potential to convert the first floor offices into owners living accommodation or for rental income if you wish. Alternatively subject to planning permission the site would lend itself to re-development for dwellings. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting passers by. We consider this a rare opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Opening Hours
Monday – Friday – 7am – 6pm
Saturday – 7am – 1pm
Sunday – 8am – 12pm

Ground Floor
Retail sales area comprising, sales counter, central display isle, sales and display shelves, dairy fridge, ice cream fridge, drinks cooler, and microwave.
Office with desks and chairs
Hallway
Tyre bay fully equipped with racking for tyre storage and additional mot office area
4 Bay workshop with mot bay, 2 x 2 post ramps, work benches, gas smoke analyser and various other tooling.
Staff W/C and wash basin
Parts store/staffroom with seating and tea & coffee area
Rear workshop
Workshop/store room

Opening Hours
Monday – Friday – 7am – 6pm
Saturday – 7am – 1pm
Sunday – 8am – 12pm

Ground Floor
Retail sales area comprising, sales counter, central display isle, sales and display shelves, dairy fridge, ice cream fridge, drinks cooler, and microwave.
Office with desks and chairs
Hallway
Tyre bay fully equipped with racking for tyre storage and additional mot office area
4 Bay workshop with mot bay, 2 x 2 post ramps, work benches, gas smoke analyser and various other tooling.
Staff W/C and wash basin
Parts store/staffroom with seating and tea & coffee area
Rear workshop
Workshop/store room

First floor
Room 1 office
Room 2 office
Room 3 & 4 is one large office
Room 5 office
Room 6 office
Room 7 office

W/C


Shower cubicle
Kitchen

External
Front forecourt with fuel tanks for 6 x nozzles
Car sales display and parking for (50) vehicles
Calor gas cage
Rear with additional parking, red diesel tank and low sulphur commercial vehicle tank

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Veritas Business Sales Ltd, B90 on +44 121 721 9902 * (local rate)

Contact Veritas Business Sales Ltd about this property

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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 Veritas Business Sales Ltd, and do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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