This property is no longer on the market
Retail property (high street)
Property description & features
- A rare opportunity to acquire a established garage business in the centre of Highley
- Freehold property currently utilised as a fuel filling station, MOT and vehicle repair workshops and retail shop
- Price includes a linked three bedroom house
- A well established, owner managed business with an excellent local reputation
- High profile position on Highley High Street
- Site of 0.4 acres (0.16 hectares) and Gross Internal Floor Area of 4,948 sq ft (459.6 sq m)
- Reluctant sale due to retirement of the existing owners
The forecourt area has four fuel pumps on a central island and a separate, red diesel pump. The underground tanks comprise an 18,000L petrol tank, a 9,000L diesel tank and two 4,000L red diesel tanks.
There is a linked, three bedroom house which is currently configured as a two bedroom flat (with a potential rental income of £450.00 per calendar month) and two ground floor storage rooms which are utilised by the business.
The large forecourt, secure rear compound and space at the side of the building all provide a substantial amount of parking space.
The site would suit a range of commercial uses (subject to statutory consents).
BUSINESS
Highley Garage is a well-established, owner managed business which has established an enviable reputation in the local and surrounding areas. It benefits from a loyal client base which is continually increasing due to referrals and recommendations. It is offered for sale due to the imminent retirement of the existing owners.
There are three main income streams:
FUEL SALES encompassing unleaded petrol, road diesel, red diesel and kerosene
VEHICLE WORKSHOPS offering MOT testing, electronic diagnostics, mechanical repairs and servicing, minor body repairs and tyre fitting/repairs
RETAIL SHOP selling car accessories, hardware and gardening products, winter fuels, bottled gas, etc.
There is major scope to grow the business through longer opening hours, the introduction of a website, increasing used vehicle sales and expansion of the retail shop.
Current trading hours are 9am to 5pm Monday to Friday and 9am to 1pm on Saturday.
There is also true potential for a mini-supermarket or housing development.
Further details relating to the business including financial information, are available to genuinely interested parties after undertaking inspection and signing a Non-Disclosure Agreement.
The property enjoys a prominent position on the High Street of the densely populated village of Highley in Shropshire which is positioned 13.5 miles north of Kidderminster, 7.5 miles south of Bridgnorth and 20 miles west of Stourbridge with good links to the M5 and M6 motorways.
The village has a train station, post office, leisure centre and Co-op and Londis stores as well as several fast-food, take-way businesses. Continued expansion is taking place through new housing developments either in progress or at the planning stage.
The high profile of the property would lend itself to a variety of alternate uses, subject to planning.
A rare opportunity to acquire a established garage business in the centre of Highley
Freehold property currently utilised as a fuel filling station, MOT and vehicle repair workshops and retail shop
Price includes a linked three bedroom house
A well established, owner-managed business with an excellent local reputation
High profile position on Highley High Street
Site of 0.4 acres (0.16 hectares) and Gross Internal Floor Area of 4,948 sq ft (459.6 sq m)
Reluctant sale due to retirement of the existing owners
Property information from this agent
Places of interest
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield Shrewsbury, Shropshire SY4 3DR
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