Let
Sold

Petrol Stations

Exeter Road Garage

Cullompton, Devon EX5 1DT

SOLD

  • Tenure: Leasehold
  • Leasehold: £69,950
  • Rent: £21,000 p/a
  • File Number: CD-30017
  • Type: Business Transfer
  • Sector(s): Petrol Stations, _Retail Generic

Summary

  • Busy filling station in Mid-Devon town
  • Annual turnover £900,247, Gross Profit £88,385
  • Shop sales mostly car accessories & essential groceries
  • Retirement sale, has been in same family since 1977
  • New flexible lease to be created
  • 1,760sq ft Garage workshop + ancillary storage + yard.
  • 693sq ft Ground floor retail and 711sq ft first floor storage
  • Customer car parking area
  • External ATM & Jet Wash
  • EPC Rating D

Opportunity

A long established motor trade business that has been operated by the same family since the1970's. Comprising Texaco branded Petrol Filling Station with 600sq ft modern shop that offers soft drinks, confectionery, car parts and accessories, there is much scope to introduce a full Convenience Store and Off Licence. There is a 600sq ft stock room and manager's office above the shop. Adjacent to the shop is a 1,600sq ft, 3 bay MOT workshop with plenty of large ancillary storage areas, rear yard and outbuilding. The forecourt offers a 4.1m Texaco branded canopy along with price pole, 4 quad pump islands, disabled and unisex customer toilets, Jet wash, car vacuum and air-serve, hole-in-the-wall ATM, gas, coal and logs, 3 MOT parking spaces and 5 further customer parking bays. Fuel sales are in the order of 1m litres per annum with an average margin of 3 pence per litre. The business has a combined gross profit on the order of

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