Garages for sale in Dundee

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Thriving Accident Repair Centre/Garage

Dundee, Dundee City, Scotland

  • Leasehold Price: £44,950  Price Reduced arrow_drop_down
  • Under Offer
  • Turnover: £91,159
  • Gross Profit: £38,489
Seller Reference: B04203
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Business Description
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Seller Reference: B04203
Request Details
Business Description
Hilton Smythe are delighted to welcome to the market an outstanding opportunity to acquire on a leasehold basis a thriving garage / accident repair centre with an enviable reputation.

This turn key operation has been trading for many years under the careful ownership of our clients and has only now been placed on the market as they look to take well-earned retirement.

VC Motors offers a variety of services including an accident repair operation, on site mechanical repairs, services, spare parts and some car accessories.

This fully equipped garage can carry out repairs on all makes and models along with ability to prepare and respray accident damaged vehicles. They also stock a good selection of spare parts including tyres, engine oils, brake discs and pads and batteries to name a few.

The business has built up an excellent reputation within the area and further afield for the high quality of the combined services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours.

A new owner could also embark on a modest marketing campaign to highlight the business and the services offered, along with the introduction of a dedicated class 4 MOT bay or perhaps branch out into the car and van hire business and also car sales (due to property layout) along with the introduction of the dedicated websites and also offering a recovery breakdown recovery service.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

VC Motors is located in a busy trading estate within the West End of Dundee city centre.

Dundee is a coastal city on the Firth of Tay Estuary in eastern Scotland. Dundee is also known as the City of Discovery.

It has undergone transformation over the past decade and major investment continues in the shape of revitalisation of the Waterfront, spearheaded by the V and A Museum, the Slessor Gardens and civic amenities including hotels, shops and leisure facilities.

Renowned for its universities and training hospital at Ninewells, Dundee is also renowned for its cutting-edge design technology within the computer games industry among others.

The city is very well serviced in terms of local amenities and transport links to all other parts of the UK via rail, road and with direct flights to London City via Dundee airport.

The business occupies two purpose built industrial units that have been fitted out to a good specification, extending to approximately 167 m2 & benefits from having easy access for vehicles, there is also a separate portacabin area that is used as the garage office space.

The accommodation briefly comprises;

Main workshop area, with stores area, second smaller workshop / car preparation area, full size spray booth with separate paint mixing area and stores.

Equipment includes;

• 1 x 4 post ramp
• 1 x 2 post ramp
• Work bench areas
• Compressor equipment
• Welding equipment
• Workshop heating system
• Various industry tooling.

Externally the premises further benefit from an area of private parking to the front with security gates.

We are advised that tenure is offered on a Leasehold basis.

15 year lease with 1 year remaining.

Rent - £1,600 Per quarter.

The business currently operates;

Monday - Friday 8.30 am to 5.00 pm

The business is run and managed by the current owner and 1 member of staff.

Financial Profile
The business reported a turnover in the region of £90,000 in 2018 with a 42% gross profit.

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