Property for sale

Princes Street, Edinburgh EH2

Nestled in a vibrant area of Edinburgh, this exceptional commercial venture presents a unique opportunity for those seeking to invest in a well-established motor-related business. With a remarkable 42-year history, this reputable car repair and servicing centre has become a cornerstone of the local community, known for its reliable and efficient automotive services.

Situated in a prime central location, this business benefits from high visibility and foot traffic, contributing to its ongoing success. The annual rent for the premises is set at approx £25,000, which translates to a manageable £2,000+ per month, making it an attractive proposition for potential new business owners.

This is not just a business; it is an opportunity to step into a thriving enterprise with an excellent trading history and a strong reputation. Whether you are an experienced mechanic, entrepreneur or looking to own your own business, this garage offers the perfect platform to build upon its legacy of success. Don’t miss the chance to own a piece of Edinburgh’s automotive heritage.

Description

Are you looking to own a first-class Motor related business generating excellent profits? Amazing results! Commercial has one for you!

Well respected car repair, busy mot testing and car servicing centre within established central location in edinburgh!

A rare business opportunity, this 42 year established local Garage providing reliable and efficient automotive services that has built up an excellent reputation and has a large loyal repeat trade with excellent trading, client base and reputation.

The garage boasts a loyal clientele, built on a foundation of trust and quality service. It offers a comprehensive range of services, including repairs for cars and light vans, routine vehicle servicing, and essential maintenance tasks. The skilled and friendly staff are dedicated to ensuring customer satisfaction, providing services such as battery replacements, oil changes, clutch fittings, and exhaust installations. Additionally, the garage is equipped to handle tyre fitting and air-conditioning system maintenance, making it a one-stop shop for all automotive needs.

This business offers a superb opportunity for a new owner to gain a large customer base and superb reputation with this well known business in the heart of Edinburgh. There is plenty of scope to develop the business further with additional services, the introduction of Saturday and Sunday opening and a fresh marketing drive.

The business is being sold as a going concern and all equipment is included in the sale, including hydraulic press, wheel balancer, mig welder, benches, racking and much more ...

This opportunity would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. It may also be of interest to a similar business looking to expand into this area. Early contact is strongly advised. Phone Before It’s Sold!

Location

The business has been well known in the area for a number of years and is a long-established service centre operating from good quality premises. During that time, it has firmly established itself within the local community and within this competitive business sector, having gained a large and loyal customer base and a superb reputation.

Offering an excellent trading location, the business has a high visibility presence in superb central location within the City of Edinburgh and receives a large amount of repeat trade. The garage is just minutes from the City centre and benefits from great road links.

Trade

The business is a thriving servicing and car repairs business. In addition they offer tyre and exhaust fitting at competitive prices. This includes class 4 mot’s, servicing, repairs, exhaust systems, suspension repair, brake testing, tyres and diagnostics. This is an excellent garage that has been run to a very high standard by our clients.

• Great Location
• Repeat Business
• Ideal investment opportunity
• Great growth potential

Trading for many years, the current trading pattern results in a profitable operation. Accounting information will be made available to seriously interested parties subsequent to viewing.

The garage has an excellent website, this is included in the sale.

Parking

Externally the property benefits from permit parking and generous on-site car parking availability.

Rates

The subjects have a Rateable Value of £5,400. However the business currently benefits from 100% rates relief under the Small Business Bonus Scheme for qualifying applicants.

Lease Terms

An annual rent of approx £25,000 (£2,000pcm) for the premises is available. This opportunity offers excellent value for an operator seeking a proven, profitable site in a busy location. Tenancy information can be made available to seriously interested parties.

Sale Price

The entire business is offered 'For Sale' at only offers over £100,000 to include fixtures, fittings and goodwill.

Vat

All prices quoted are exclusive of VAT which may be chargeable.

Viewing

Viewing strictly by appointment. Call your local Estate Agent, Colin Jenkins.

Commercial Property Or Business To Sell?

Find out how much your Business or Commercial Property is worth today from your local Professional Estate Agent, Colin Jenkins. *Award-Winning Estate Agents with over 130+ Google 5-Star customer reviews. *We’re open until 8pm, 7 days a week when other Agents are closed! *We’ve helped thousands of people buy and sell, so whatever your reason for moving, we’re here to guide you every step of the way.

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