£27,500

Property for sale

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Business
Freehold

£27,500

Property for sale

Church Street, Bishops Castle SY9

Local area information

Property location

Nearby amenities

  • The Community College, Bishop's Castle 0.2 miles
  • Bishops Castle Primary School 0.2 miles
  • Broome 6.7 miles
  • Craven Arms 7.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Turnkey vehicle service and mot testing business in Bishop’s Castle
  • Long-established business operating since approximately 2014
  • Leasehold premises in a prominent location
  • Serves local garages and residents across Bishop’s Castle and surrounding villages
  • Unit extends to approx. 1,291 sq ft with large external tarmacked parking area
An excellent opportunity to acquire a well-established, turnkey vehicle service and mot testing business located in the heart of Bishop’s Castle. Trading from leasehold premises, the business has built a strong local reputation and provides a ready-made operation for an incoming purchaser in the automotive sector.
Offered for sale due to a change in circumstances, the business includes fixtures and fittings, for immediate continuation of trade. This is a rare opportunity to acquire a long-standing enterprise in a sought-after market town, with scope for further growth and development. The asking price is £27,500 plus VAT for fixtures, fittings and business opportunity

Description

The business trades from a prominently located single-storey property. The business has been operating since approximately 2014 and serves Bishop’s Castle and the surrounding villages, providing mot testing and vehicle servicing for local garages and residents.
The unit from which the business trades provides a Total Gross Internal Floor Area of approximately 1,291 sq ft (120 sq m). Externally, there is a large, tarmacadamed area provides car parking area.
The unit is constructed of portal framework and rolled roof, the property internally benefits from a sectioned office and toilet internally.

The Property Specifications Are:

•Door width: 7.4 m
•Door height: 3.2 m
•Eaves height (low): 4.3 m
•Eaves height (high): 5.9 m

Fixtures & Fittings

There is an opportunity to acquire all fixtures and fittings, enabling anyone to take over a fully functional mot service unit. These include amongst others the following;
2 x 4-post ramps
•1 x 2-post ramp
•Wheel balancer
•Compressor
•Wheel alignment equipment
•Welder

Planning

Prospective tenants should rely on their own enquiries. The property is understood to fall within Shropshire Council. From our online research, the subject property has planning consent for Use Class B2 of the Town and Country Use Classes Order 1987.

Location

The property occupies a prominent yet discreet position in the heart of Bishop’s Castle, located just behind the bp petrol station on Church Street. The immediate area benefits from a range of local amenities including the Co-op, independent retailers, family butchers and popular public houses such as The Kings Head and The Boars Head, providing a strong local trading environment.

Key Location Highlights

•Central town position within a well-served and active local retail area.
•Bishop’s Castle is a historic market town set within the Shropshire Hills Area of Outstanding Natural Beauty.
•Population of approximately 1,847 (2021 Census), supporting a close-knit and loyal customer base.
•Strong mix of independent shops, cafés, restaurants and traditional pubs.
•Popular destination for tourism, walking and outdoor activities, supporting year-round footfall.
•Road links provide access to larger centres within Shropshire and the wider region.

Bishop’s Castle combines rural charm with a vibrant independent business community and consistent visitor appeal, making it an attractive location for a service-based business benefiting from both local custom and tourism trade.

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Rateable Value

Price

The vendors are seeking for the acquisition of the fixtures and fittings and business opportunity offers in the region of £27,500 (twenty seven thousand five hundred pounds) exclusive

Tenure

The property is available let on a new lease. The landlord is proposing a new lease on Tenants Full Repairing and Insuring Terms at a rent of £9,600 per annum .The length of term is ideally a 5-year term, although the landlords may consider a tenant break option at year 3. Further details upon request from the agents upon request.

Epc

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Vat

The property is understood to be elected for VAT, and therefore VAT will be payable.

Legal Costs

Each party to bear their own legal costs. The purchaser will be responsible for the landlords legal costs incurred in respect of the granting of the lease.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Shropshire
  4. Bishops Castle
  5. Corporation Street