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Albion Garage 4 Albion Road 3,295 SF Retail Building Fordingbridge SP6 1EL $645,393 CAD ($195.87 CAD/SF)



INVESTMENT HIGHLIGHTS
- Well equipped freehold garage and MOT centre
- Reception, office, stores, kitchen and toilet facilities
- 4 vehicle lifts, rolling road, tyre changing and wheel balancing machinery
- Ideally located in a strong residential area
- Mezzanine Storage
- Rateable value - £20,500
EXECUTIVE SUMMARY
A rare opportunity to purchase a fully equipped and long established garage ideally located in a strong residential area approximately half a mile from the town centre. This is exceptionally convenient for both customers who wish to shop and also for those working within the central part of the town.
£350,000 for the freehold with the trade fixtures, fittings and equipment, also the opportunity to take over the existing M.O.T. business subject to DVSA approval. The proprietor and premises currently trade as a M.O.T. Centre and the bay is an approved OPTL, one person test lane. Subject to approval from the Driver and Vehicles Standards Agency, this provides a superb opportunity to take over an existing customer base.
Workshop - approx. 21.05m x 9.39m (69’1” x 30’10”) plus additional area 4.54m x 12.39m (14’11” x 40’8”). Total workshop area approx. 253.58m² (2,724 ft²).
In addition there is a reception, office, stores, plus kitchen and toilet facilities.
Mezzanine Storage – approximately 53.02m² (571 ft²).
There are 4 vehicle lifts, rolling road, tyre changing and wheel balancing machinery, air bag and air conditioning service equipment plus most other equipment needed for a garage business apart from normal hand tools.
There is ample parking for a number of vehicles at the front of the workshop and with some tandem parking at the side, it is estimated that up to 10 vehicles can be parked on site.
£350,000 for the freehold with the trade fixtures, fittings and equipment, also the opportunity to take over the existing M.O.T. business subject to DVSA approval. The proprietor and premises currently trade as a M.O.T. Centre and the bay is an approved OPTL, one person test lane. Subject to approval from the Driver and Vehicles Standards Agency, this provides a superb opportunity to take over an existing customer base.
Workshop - approx. 21.05m x 9.39m (69’1” x 30’10”) plus additional area 4.54m x 12.39m (14’11” x 40’8”). Total workshop area approx. 253.58m² (2,724 ft²).
In addition there is a reception, office, stores, plus kitchen and toilet facilities.
Mezzanine Storage – approximately 53.02m² (571 ft²).
There are 4 vehicle lifts, rolling road, tyre changing and wheel balancing machinery, air bag and air conditioning service equipment plus most other equipment needed for a garage business apart from normal hand tools.
There is ample parking for a number of vehicles at the front of the workshop and with some tandem parking at the side, it is estimated that up to 10 vehicles can be parked on site.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Repair
Building Size
3,295 SF
Building Class
C
Year Built
1980
Price
$645,393 CAD
Price Per SF
$195.87 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.12 AC
Parking
10 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
42’ on Albion Road
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Albion Garage | 4 Albion Road
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