Motor Related Property for sale in Kingussie

View the "Well-Established and Profitable Garage in Kingussie" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Freehold Price: £175,000
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Business Description
DESCRIPTION
Gow’s Garage is a family run business and represents an excellent garage unit situated on the High Street, Kingussie, offering a prominent trading location with excellent signage. The unit has a high visibility presence on the main A86 which runs through the town centre. The property is of traditional stone construction on the ground floor unit only and in total extends to circa 214m². The business is being sold as a going concern and all equipment is included in the sale, including 2 ramps, hydraulic press, wheel balancer, mig welder, benches and racking. The premises has two street level vehicle entrances and an office facility.

TRADE
The garage currently operates as an owner operated business with the use of sub-contractors. The core business activity is the servicing, repair and pre-MOT checks for motor vehicles. In addition they offer tyre and exhaust fitting at competitive prices. Business is generated from the local inhabitants and the influx of tourists mainly in the spring and summer seasons. Turnover and profitability has been consistent for many years but it is now due to ill health that the owners are reluctantly bringing the business to the market. The current trading pattern has resulted in a profitable operation with a net profit of circa £75,000 p.a. (2015). Accounting information will be made available to seriously interested parties subsequent to viewing.

THE PROPERTY
With street level access, the business benefits from two entry points off the High Street. The subjects have an approximate net internal area of 214m2. Within the garage is an office area. The frontage of the property extends to about 11metres providing a prominent façade. There is a staff WC.

SERVICES
The garage benefits from mains electricity, water and drainage. Parking is on the road-side plus ample public parking within the town centre.

RATES
The subjects have a Rateable Value of £2,125 with rates poundage at 48.4p in the pound. However Gow’s Garage attracts a 100% small business rates relief discount for qualifying applicants.

PRICE
Offers Around £175,000 are invited for the heritable property, trade equipment, fixtures and fittings.

DIRECTIONS
See Map insert. (Inverness 45 miles, Aviemore 12 Miles and Elgin 60 miles).

EPC RATING
The property has an energy performance rating of ‘G’.
Tenure: Freehold

Location Details:

Kingussie is a popular town with approximately 1500 residents and offers a full range of services to the wider rural community of Badenoch. It has excellent road and rail links and the town is a well-known tourist destination. Kingussie is well served with shops, facilities and services for visitors and local’s alike sitting within the Cairngorm National Park. With its location close to the Cairngorm Mountains the area benefits from year-round trade from visitors. Kingussie also provides a culturally rich living and working environment, the area is renowned for its quality of life. With substantial private housing developments in Kingussie and surrounding region there is a potentially increasing customer base for any business in the area.

Downloadable Documents

Listed by: ASG Commercial
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