Under Offer
Long Established and Highly Reputable Garage/MOT Centre
Merthyr Tydfil, Merthyr Tydfil
- Asking Price: £299,995 +SAV
-
Turnover:
Please contact Hilton Smythe for further information.
According to the VOA website the current rateable value is £8,400. However, the business does qualify benefit from small business rate relief. - Tenure: Freehold
Hilton Smythe welcomes to the market Bryntaf Garage. A very well-established MOT, repair and servicing specialist. They have an exceptionally loyal customer base, having been in the area for more than 36 years.
There is plenty of scope for further expansion/improvement of this substantial Freehold site, with the size of the buildings and site offering great opportunity for many alternate uses to bolt on to the existing business or to change completely.
We are advised that planning permission has been granted to build residential houses.
The owners have previously operated a roofing business from the premises alongside the car business, so we believe all new ideas could be possible. You could also increase the hours and days work and expand what is already there.
This is a superb Freehold investment opportunity, with the owner now looking towards a very well-earned retirement.
The business is currently run by the owner and 2 other members of staff.
Monday 7:00 am to 5:00 pm
Tuesday 7:00 am to 5:00 pm
Wednesday 7:00 am to 5:00 pm
Thursday 7:00 am to 5:00 pm
Friday 7:00 am to 5:00 pm
Saturday 7:00 am to 12:00 pm
Sunday Closed
Bryntaf Garage is situated in a perfect quiet location in a former old quarry, within a site of circa an acre.
Aberfan is a town in South Wales, 4 miles (6 km) south of the town of Merthyr Tydfil. The Taff Trail runs through Aberfan from Troed-y-rhiw, to Treharris. The River Taff also flows through Aberfan.
Merthyr Tydfill offers all the facilities needed and also good access to Swansea and Abergavenny to the West and East, via the A465, together with Newport and Cardiff to the south.
The premises are set within a couple of large buildings covering around 250 sqm, on a site we believe from the vendor to be approaching an acre, offering plenty of space for further development and expansion if required.
There is a 30-foot-wide entrance, suitable for any vehicle and parking for many small or large vehicles in a very spacious yard. It is all set within an old quarry, so offers much privacy.
The buildings are split into 3 with main Mot bay, large workshop with storage off plus further storage above and second large workshop/store., with office to the side. These are all accessed via full height roller shutter doors.
Equipment to include 3 ramps, rolling road and tyre changer.
External WC, waste oil burner and security system with cctv.
Tenure
We are advised that the business is being sold as a freehold opportunity.
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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
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