CCL Property are delighted to bring to market a fantastic business and investment opportunity in a prime location in Newton Stewart. Built to a very high standard in the 1980s the premises was formerly used as a very successful Citroen Dealership until the owners retired. It is currently split into 3 distinct sections, a show room, fully equipped garage and separate commercial garage leased to McConechy's. The site benefits from a substantial outdoor area with ample parking and room for further development. It has a prominent position in close proximity to the main road into Newton Stewart.
Former car dealership showroom and garage
Large show room
Fully equipped garage
Well established tenant
Further development potential
Freehold (May Lease)
Offer in the region of £625,000
The site formerly traded very successfully as a Citroen car dealership which sold circa 130 new and 250 used cars annually and had a very good reputation. The owners retired from the trade and the front unit is now currently vacant. It offers a great opportunity to establish a new dealership as there is a large catchment area and subsequent demand. There is also a great opportunity to use the show room for a variety of retail use with interest being expressed from a number of national chains.
The garage is currently occupied by the Galloway Motor Company (www.gallowaymotorcompany.co.uk). It is a fully equipped garage that has a great reputation for servicing and repairs of performance cars. This is available for purchase by separate negotiations.
McConnechy’s occupy the unit to the east of the building and have 3 years remaining on the lease. They too have a fully equipped garage and are likely to continue when the current lease expires. Their lease is currently £22,000 p.a.
Newton Stewart is an important market town which is located in the neck of the Whithorn peninsula with Luce Bay to the west and Wigtown Bay to the east, both joining the Solway Firth. Dumfries and Galloway is one of the few remaining genuinely rural areas of Great Britain and enjoys a mild Gulf Stream climate along the coast. The nearby countryside combines rolling grass farmland, spectacular coastline and magnificent forests. The Galloway Forest Park, the UK’s first Dark Sky Park, offers spectacular stellar viewing on a clear night. Farming, forestry and tourism are the main occupations.
There are many opportunities for country sports in the area including salmon fishing on the Rivers Cree and Bladnoch. The coastline offers excellent opportunities for sailing and sea fishing.
Newton Stewart is a small but busy market town with a wide range of local shops, professional services and primary/secondary schooling. Dumfries and Castle Douglas to the east have a wide variety of additional services and Stranraer to the west has a ferry terminal to Northern Ireland. Newton Stewart has a very good location on the main A75 route and a wide catchment area.