£1,700,000
Parking/garage for saleHendra Croft, Newquay TR8
Just added
About this property
Freehold Garage & mot Station
Tyre Fitting & 24 Hour Recovery Business
Excellent Reputation
Unopposed
Includes 3 Bedroom Bungalow
Freehold Garage, mot Station, Tyre Fitting & 24 Hour Recovery Business Located In Newquay
Includes 3 Bedroom Bungalow
Excellent Reputation
Unopposed
Ref 3266
Asking Price £1,700,000
Location
This established and highly respected Garage is located in Newquay, Cornwall.
Business Description
Veritas Business Sales are privileged to offer for sale this very successful and highly respected Garage, mot Testing Station & Vehicle Recovery business which is located in Newquay, Cornwall. The business has been in the careful hands of current owners since 1987 and is now being offered for sale to allow the owners to enjoy a well-deserved retirement.
Since ownership they have continually updated the premises and installed new equipment along with fixtures & fittings 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 Garage is family operated with the help of 6 full time members of staff and for year ending 31st March 2025 posted an annual turnover of £609,106 net of VAT, with a gp of £419,278 (69%) and producing a healthy net profit. They look after private drivers, trade customers and fleet operators across the surrounding villages. The garage provides servicing, mot testing, brakes, diagnostics, electric and hybrid vehicle maintenance, together with manufacturer-compliant warranty work-all under one roof, with tailored solutions for vehicles of every age. They are also one of the few independent garages in Cornwall offering a 24-hour breakdown and recovery service, capable of recovering vehicles up to 6 tonnes.
We believe there is further potential to increase trade by opening on Saturdays, increasing the number of mot's and expanding the geographical area for recovery. The owners currently restrict both of these areas so that they can operate at a gentle pace to suit their lifestyle. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a fantastic opportunity to purchase an established turnkey business and, as such, early viewing is highly recommended.
Opening Times
Monday - Friday - 08:30 - 17:30
Saturday & Sunday - closed
Business rates: £20,000 pa
Ground Floor
mot Bay with new four-post lift, beam setter, (Boston) emission tester, (Boston) decelerometer, 2 x 2 post lifts, plus all required tools and storage units to complete all repairs.
Tyre & service bay comprising: New (Hoffmann) trye fitting machine, (Snap-On) wheel balancer, brand new (Rotary four) wheel alignment system that works off the scissor lift, compressor, (Snap-on) diagnostic tools, (Launch) diagnostic tools, plus numerous tools and tool storage units.
Tyre storage & recently refurbished office with (Man) auto worker online computer system networked throughout the business, (Apex) recovery software system, desks, chairs in all office locations.
Reception area with desk, chair, customer seating area and mot viewing area via CCTV.
Recovery includes : 2020 man 15-ton vehicle, 2021 Isuzu 7.5-ton vehicle, 2022 Isuzu 7.5-ton twin-deck vehicle, 2010 7.5-ton Isuzu, 2 x Transit vans equipped for recovery.
Bungalow
Attached to the main premises and comprises: 1 x double bedroom, 2 x large single bedrooms, open plan fitted kitchen and dining area, fully equipped bathroom/shower room, boiler room and large rear garden.
External
There is significant amounts of parking for customer vehicles, plus a large storage area for the recovery vehicles.
Includes 3 Bedroom Bungalow
Excellent Reputation
Unopposed
Ref 3266
Asking Price £1,700,000
Location
This established and highly respected Garage is located in Newquay, Cornwall.
Business Description
Veritas Business Sales are privileged to offer for sale this very successful and highly respected Garage, mot Testing Station & Vehicle Recovery business which is located in Newquay, Cornwall. The business has been in the careful hands of current owners since 1987 and is now being offered for sale to allow the owners to enjoy a well-deserved retirement.
Since ownership they have continually updated the premises and installed new equipment along with fixtures & fittings 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 Garage is family operated with the help of 6 full time members of staff and for year ending 31st March 2025 posted an annual turnover of £609,106 net of VAT, with a gp of £419,278 (69%) and producing a healthy net profit. They look after private drivers, trade customers and fleet operators across the surrounding villages. The garage provides servicing, mot testing, brakes, diagnostics, electric and hybrid vehicle maintenance, together with manufacturer-compliant warranty work-all under one roof, with tailored solutions for vehicles of every age. They are also one of the few independent garages in Cornwall offering a 24-hour breakdown and recovery service, capable of recovering vehicles up to 6 tonnes.
We believe there is further potential to increase trade by opening on Saturdays, increasing the number of mot's and expanding the geographical area for recovery. The owners currently restrict both of these areas so that they can operate at a gentle pace to suit their lifestyle. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a fantastic opportunity to purchase an established turnkey business and, as such, early viewing is highly recommended.
Opening Times
Monday - Friday - 08:30 - 17:30
Saturday & Sunday - closed
Business rates: £20,000 pa
Ground Floor
mot Bay with new four-post lift, beam setter, (Boston) emission tester, (Boston) decelerometer, 2 x 2 post lifts, plus all required tools and storage units to complete all repairs.
Tyre & service bay comprising: New (Hoffmann) trye fitting machine, (Snap-On) wheel balancer, brand new (Rotary four) wheel alignment system that works off the scissor lift, compressor, (Snap-on) diagnostic tools, (Launch) diagnostic tools, plus numerous tools and tool storage units.
Tyre storage & recently refurbished office with (Man) auto worker online computer system networked throughout the business, (Apex) recovery software system, desks, chairs in all office locations.
Reception area with desk, chair, customer seating area and mot viewing area via CCTV.
Recovery includes : 2020 man 15-ton vehicle, 2021 Isuzu 7.5-ton vehicle, 2022 Isuzu 7.5-ton twin-deck vehicle, 2010 7.5-ton Isuzu, 2 x Transit vans equipped for recovery.
Bungalow
Attached to the main premises and comprises: 1 x double bedroom, 2 x large single bedrooms, open plan fitted kitchen and dining area, fully equipped bathroom/shower room, boiler room and large rear garden.
External
There is significant amounts of parking for customer vehicles, plus a large storage area for the recovery vehicles.
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