Property description

Interesting opportunity to acquire a successful and long established car repair business, along with the Freehold to the premises and the rental income from another unit on the same site, with significant scope for the land to be utilised as a residential development site (subject to planning).

For sale via the traditional method of auction. Bidding closes at 2PM on 23rd June 2022. For further information about this method of sale and to register to bid please visit the auction section of our agency website.

Silver Seal Garage has been operating from this site for over 40 years and in that time has become an established and successful business which the current owner is now looking to sell on due to his imminent retirement. As well as the goodwill of the business and a healthy customer base, the Freehold for the premises is also included within the sale. The site is approximately 13,833 sq ft in total and comprises a generous car parking area, the main garage/workshop (approximately 3113 sq ft) and a secondary garage/workshop (approximately 881 sq ft) which is currently rented out for £7800 per annum.

Over the years, the current owner has been approached by several developers interested in building on the site and as such this provides a second and rather interesting opportunity for residential development (subject to planning), especially when taking into consideration the existence of a neighbouring and ongoing new homes site. Corner Garage is situated on the fringes of the town centre in a mixed commercial and residential area, in between the Staffordshire and Worcestershire Canal and the River Stour and within easy access of the town’s local amenities.

All interested parties should contact the Wyre Forest office of Eden Midcalf for further details. Viewings are strictly by appointment only.

Local Authority:
Wyre Forest District Council<br /><br />
Amenities

Multi interest commercial site

Residential development opportunity (stp)

Level site of just under 1/3 of an acre with existing road frontage

Close to local amenities

New development next door

Long established car repair business

Freehold

Rental income from additional unit