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Thriving Vehicle Repair Business in Dundee Angus

Price:
Leasehold - £799,950
Turnover:
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Seller Ref:
2870
Location:

Scotland, Dundee

Business Type:

Motor & Transport Businesses for Sale

See Other:
Garages for sale in Scotland
Mot garages for sale in Scotland
Motor & transport businesses for sale for sale in Scotland
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this thriving vehicle repair and MoT testing centre, which was established by our client in 2005 and which is only now offered to the market due to our client's wish to retire. The business trades 6 days a week and generates a turnover in the region of £1,300,000 per annum with a healthy gross profit of 24%. The business offers general vehicle repairs, servicing, MoT testing, along with tyres and exhaust parts. MoT testing is currently outsourced, but could easily be done by a new owner. We feel the turnover could be further increased from a modest marketing campaign. The garage has a loyal customer base, enjoying much repeat trade and word of mouth recommendations. The business currently has approximately 200 established client accounts. The premises are well-equipped to suit the trade and boast 4 workshops, a tyre changing bay and private parking facilities. We have been advised that the property freehold may be available by separate negotiation. This is an ideal opportunity to acquire an already busy vehicle repair centre in such a desirable location and with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Frank's Auto Centre occupies substantial detached lock-up premises, ideally located just off the busy A90 in the city of Dundee, Angus. The premises benefit from ample private parking and are surrounded by a mixture of commercial and domestic properties. There are a range of amenities nearby and excellent public transport links with a number of bus stops on the road. The city centre lies 2.5 miles away and is home to an extensive range of complementary shops and businesses, such as the Overgate Centre and Wellgate. Dundee is Scotland's fourth largest city and is having a 300 million pound redevelopment over the next 30 years. The city is a desirable place in which to live and work. St Andrews lies 13 miles away, while Perth lies 20 miles to the west.
Lease Terms:
Original length: 10 years Remaining: 3 years Review: every 10 years Rent: 26,000 per annum
Trading Hours:
Mon - Fri: 8:00am to 5:30pm Sat: 8:00am to 12:30pm Sun: Closed
Accommodation:
Substantial detached lock-up garage premises with separate self-contained workshop. Briefly comprising: Ground Floor • Reception area with customer seating, counter with electronic cash register, computer and drinks machine • WC with wash hand basin • Bay 1: 2-post ramp, space for 1 vehicle and roller shutter doors • Bay 2: 2 x 2-post ramps, space for 2 vehicles and roller shutter doors • Bay 3: 4-post ramp, space for 1 vehicle and roller shutter doors • Bay 4: self-contained annexed building with 4-post heavy duty ramp, space for a vehicle and roller shutter doors • Tyre bay with 2 x tyre balancing machines and 2 x tyre machines • Stock room • Store room with heavy duty shelving • WC with wash hand basin External • Enclosed yard with space for up to 20 vehicles • Wire fencing • 2 x secure metal containers used for storage
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