Status: For Sale
Tenure: Freehold
Turnover: £625,185
4 Bedrom Grade II Cottage & Garage4 Bedrom Grade II Cottage & Garage4 Bedrom Grade II Cottage & Garage4 Bedrom Grade II Cottage & Garage4 Bedrom Grade II Cottage & Garage
£350,000 + SAV

4 Bedrom Grade II Cottage & Garage

For Sale
  • Reference: 13858 G
  • Location: Diss, Norfolk
The garage has been in this location for over 30 years, run by four brothers.

There is a car sales forecourt, diesel and petrol sale with Diesel sales circa 5,000 litres per week and Petrol sales circa 2,000 litres per week. The garage is also a long-standing repair workshop with a very good local reputation, boasting a generous amount of repeat loyal custom.

The business is being sold as the four brothers now want to take well-deserved retirements.

Included in the sale is a large four bedroom owners accommodation.

There is scope for development and there have been enquiries in the past to add an MOT bay via an extension to the front and also the property is in a development area, meaning that subject to planning the garage could be pulled down and houses built. The current house will remain as it is Grade II listed.

TENURE

We are advised this is a Freehold opportunity.

HOURS

Opening hours
Monday to Friday: 8.30am - 5.30pm
Saturday: 8.30am - 1pm
Sunday: Closed
In the past the garage was open all day Saturday and Sundays, but the four brothers now work 3 days each a week as they are cutting back their hours in readiness for retirement.

STAFF

The business is run and managed by our client, with the help of part time/full time members of staff.

FINANCIAL PROFILE

Accounts year ending September 2015, all working 5 day weeks.
Turnover £781,505
Gross £161,311
Net £111,775

Accounts year ending September 2016 all working 3 day weeks.
Turnover £625,185
Gross £127,451
Net £66,535

EXTRA NOTES

The four-bedroom house does require updating, however, four bedroom houses rent in the area for circa £900 per month and fully detached houses in the area sell for circa £400,000.
Bowman Bros is located in Shelfanger, Diss within Norfolk.

Shelfanger is a village situated about 3 miles from the town of Diss in Norfolk. The village had a population of 362 within 150 households as of the 2001 census, the population increasing to 378 at the 2011 census.

Located on a junction of the B1077 road from Diss to Attleborough. This area receives heavy footfall and passing trade all year round.
WORKSHOP:
28' x 27'6" (8.53m x 8.38m) + 13'10" x 5' (4.22m x 1.52m) with 4 post ramp and a 2 post ramp. (The workshop opens onto the forecourt), office and filing room 21' x 8'10" (6.4m x 2.69m).

OFFICE AT REAR OF WORKSHOP:
13' x 7'4" (3.96m x 2.24m) part of the original structure.

STORE:
13' x 5' (3.96m x 1.52m) also part of the original structure.

CAR SALES AREAS:
To the front and side of the premises is the car sales area, offering 16 spaces.

THE ADJOINING COTTAGE COMPRISES:

ROOM 1: 13'4" x 9'9" (4.06m x 2.97m) with exposed timbers and doors to side and

INNER/STAIR HALL: 21' x 3'3" (6.4m x 0.99m) with straight staircase off.

KITCHEN/BREAKFAST ROOM: 17'6" x 10'2" (5.33m x 3.1m) with stainless steel sink unit.

FORMER SITTING ROOM: 13'8" x 13'4" (4.17m x 4.06m) with tiled fire surround, hearth and mantle.

First floor
LANDING: 13'6" x 7' (4.11m x 2.13m) + 8'9" x 3' (2.67m x 0.91m) + 10'7" x 3'2" (3.23m x 0.97m).

BATHROOM: 13'8" x 10'6" (4.17m x 3.2m) with coloured suite comprising chrome grip panelled bath. Low-level close-coupled WC, pedestal wash basin and separate shower cubicle.

BEDROOM 1: 12' x 8'9" (3.66m x 2.67m).

BEDROOM 2: 15'1" x 11' (4.6m x 3.35m) with roof access hatch.

BEDROOM 3: 14'4" x 10'4" (4.37m x 3.15m) with built-in cupboard.

BEDROOM 4: 14' x 13'8" (4.27m x 4.17m) with built-in cupboard.

PETROL FORECOURT:
2 petrol delivery pumps in use (4 in total) supplied from 3 underground tanks.

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