For Sale
Development Land And Garage Opportunity In Weston Super Mare For Sale
Weston-super-Mare, Somerset
- Asking Price: £375,000 +SAV
-
Turnover:
We are advised as per the 2021 accounts, Tivoli Garage generated a turnover in the region of £120,000. Full financials can be made available upon further request.
- Tenure: Freehold
Please quote reference B07124
Hilton Smythe are delighted to welcome to the market a Development Opportunity and Garage, located in Weston-Super-Mare, Somerset.
Tivoli Garage is a highly rated Garage and Development Land Opportunity. The business is renowned for offering car repair and maintenance services for all makes and models.
This extremely well established business opportunity was originally established in 1966, before our clients took over in 1986.
The business has now come to the open market as our clients wish to retire.
Tivoli Garage specialises in some of the following services -
- Car repair and maintenance to all makes/models
- Fully computerized diagnostics service
- Can arrange full MOTS
- Offers the sale of good quality used cars
It is also an ideal residential development land for any builder/architect to create a private ‘Mews’ development of high-end houses, and is a desirable freehold plot of land and workshops in secluded part of the town centre.
A huge aspect of this sale is the endless development opportunities available for the land and properties.
Key selling points -
- Unique location with lots of potential for a prestige residential development to complement the Victorian period homes/building that surround
- A very well-established business (est.1966) which comes with a very loyal customer base
- Business website included with 5-star Google customer reviews
- Currently owner run business operating just 4 days a week
- Currently comes with “planning in principle” to change from commercial to residential use, land can be developed.
- Full planning permission for a specific plan/design would need to be obtained
- Exciting opportunity for both an experienced residential developer and for those looking to acquire a very well established garage with no rent!
- Potential to increase both repair services and car sales
- Extend the current trading hours
- Create a websites for the garage business
- Push advertising/marketing
We are advised that the business is run and managed by our clients.
The business hours are (only open 4 of the days a week) -
Monday – 9:00am – 5:00pm
Tuesday – 9:00am – 5:00pm
Wednesday – 9:00am – 5:30pm
Thursday – 9:00am – 5:00pm
Friday – 9:00am – 5:00pm
Saturday – 9:00am – 12:00pm
Sunday - Closed
Tivoli Garage is located on Tivoli Lane, in the heart of Weston-Super-Mare.
The development opportunity is located in a highly populated residential area. It is a secluded south facing development land located in a very desirable part of Weston-Super-Mare. It is in close proximity to the main Beach, Grand Pier and Royal Parade.
Tenure
We are advised that the Garage and Development Opportunity is being sold on a Freehold basis.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
