Commercial property for sale in Abergavenny, Monmouthshire NP7

£320,000
Commercial property for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Business established 30 years with plenty of potential to expand
  • Current business annual turnover in excess of £82,000
  • A land development opportunity to construct 5 x 2 bedroom dwellings
  • Easy access to all major routes and within an existing residential area

Property description

Reference - 48029

Description
Abergavenny (Abergafenni meaning "mouth of the River Gavenny") is a market town and community in Monmouthshire. Abergavenny is promoted as a Gateway to Wales. It is located in the edge of the Brecon Beacons National Park, on the A40 trunk road and the A465 Heads of the Valleys road and is approximately 6 miles from the border with England.

Gavenny Park Mowers offers sales, service, repairs and maintenance of garden and light agricultural machinery, with a turnover of £82,697. There is plenty of potential to grow the business by adding another workshop to service and repair motor vehicles, or redevelop the site into 5 residential dwellings or holiday lets, due to its proximity to the Brecon Beacons national park.

The average sale price in the area for new build 2-bedroom houses ranges from £125,000 to £150,000.

Sales
Currently shop sales average £82,000 per annum approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday 08:00 – 17:30
Saturday 08:00 – 13:00
Sunday Closed

Staff
Managed by the owners with full/part time staff.

Building
The premises is located behind a terrace of residential properties and comprises of a modern single storey building with showroom, office, workshop (with a 4 post car ramp), canteen and stores, 3 exterior yards including a railed and gated secure yard plus a sizeable car park.

The site has CCTV and access to a 3-phase power supply.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is freehold. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a rare opportunity to acquire a well-established garden and light agricultural business with plenty of scope for growth, with motor vehicle service and repairs or a development opportunity to construct 5 new 2 bedroom houses on the site, or holiday lets as it’s very close to the Brecon Beacons national park.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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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 Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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