Retail premises for sale in Ottery St Mary, Devon EX11

£325,000
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Retail premises for sale

Property description



Landmark motorcycle & bicycle sales, servicing, repair & accessories outlet, established more than 50 years, occupying prominent trading position within popular east devon town. Fronting the main thoroughfare into and out of ottery st mary, highly visible, situated on the edge of the town centre, surrounded by residential areas, close industrial estate, Sainsbury supermarket, renowned Kings school, and all amenities. Easily accessible, free on street car parking opposite, shopper car parks close by, main A30 only short drive away ensuring quick access to exeter, and motorway network.

Substantial property, occupying deceptive large valuable site, main double fronted premises providing showroom and retail areas, office, storage and kitchen. Enclosed secure yard providing additional motorcycle display area and customer motorcycle parking, houses workshop/motorcycle mot bay, separate tyre/consumables storage building, and further store housing cloakroom. Benefits from spacious self-contained flat suitable for owners or can be let, offering kitchen, sitting room, 2 double bedrooms, bathroom, utility/storeroom, study area, and attic with potential for conversion.

Established and same family hands since1969, trading from current premises since 1975, first time on market offering rare opportunity. Retailing wide range of motorcycles and bicycles, new and used, coupled with accessories, undertaking servicing, repairs, and mot’s. Enjoying a strong local following, attracting trade from a wide catchment area, abundance of work in hand, operated at a level to suit vendors lifestyle. Sales 2023 £113,966 ex Vat, Gross Profit £58,947, additional potential £800 per month rental income from flat, ensures reliable profitable business with ample scope to build on current levels of successful trade.

Freehold £325,000 sav Ref: P/CY36162N

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Everett Masson & Furby, EX11 on +44 1404 228955 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Everett Masson & Furby, and do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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