SOLD

TypeCar Showroom · Showrooms · Open Storage · Development - Residential · General Industrial units · Garages

TS6 206 High Street, Eston, Middlesbrough

TenureFor sale

206 High Street, Eston, Middlesbrough, TS6 1/12

Specification

Building size
Building size 11,287 sqft
Land size
Land size 0.21 acres
Property type
Property type Car Showroom · Showrooms · Open Storage · Development - Residential · General Industrial units · Garages
Tenure
Tenure For sale

Description

Established Car sales and repair dealership with flats for Sale Freehold due to retirement with planning permission to extend.

After 37 years of successful operation, a well-established, family-run motor trade business is now available for sale, presenting an ideal retirement investment opportunity. The property comprises four units, which could be rented out separately, offering additional income potential.

This profitable car and motorbike dealership, complete with a fully equipped workshop, has built a loyal customer base and operates from a busy high street location, benefiting from substantial passing trade. The business is being sold due to retirement, providing a unique opportunity for new owners to either continue the successful operation or explore the potential for redevelopment. Planning permission for a modern residential block is already in place, adding further value to this exceptional offering. Additionally, a three-bedroom maisonette above the business provides further opportunities for expansion or rental income.

The dealership offers a wide range of services, including car sales, tyre fitting, and comprehensive repair work. The established workshop is equipped for on-site MOT testing, ensuring compliance with regulations while generating an additional revenue stream. The business maintains a significant stock, with approximately 40 cars and 30 motorbikes at any given time (please note that stock is not included in the asking price). Fixtures and fittings are included, with offers invited over £265,000.

Offers Over £265,000

Freehold Mixed-use Property on a Busy High Street

Flexible Ground-Floor Retail Space

Planning Permission for Nine - Fifteen Houses

3-Bedroom Maisonette Providing Dual-Income Potential

Large 0.207-Acre Site with Extensive Private Parking

Redevelopment or Extension Potential (Subject to Planning Consent)

Location

Located on a bustling high street, the dealership enjoys high visibility and easy access, further enhanced by the absence of competing dealers in town. The nearby amenities, such as shops and restaurants, contribute to the influx of customers, enriching the business's potential.

Furthermore, an adjacent property is also available for sale, enhancing the prospects of expansion or diversification of operations. The owner has agreed to include this building in discussions for interested buyers.

The business is structured for growth and is well-supported by an experienced team of three staff members. There is also potential for training opportunities for new owners, ensuring a seamless transition. The comprehensive security systems in place and the extensive forecourt space add to the attractiveness of this venture, making it not only a profitable business but also a secure investment.

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