Hilton Smythe are delighted to welcome to the market an outstanding opportunity to acquire on a Freehold basis a thriving commercial tyre supply & fitting business with an enviable reputation. This turn key operation has been trading for nearly 30 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
Sillett Tyres Ltd offers a variety of tyre fitting / repair services for all makes of car, light commercial vehicles and has become renowned as a specialist for motor cycle tyres.
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 website to further promote the business and perhaps an online booking system, the business could also look at the possibility of introducing a mobile tyre service with in the local area along with stocking some other car related products for retail sale.
A tremendous opportunity to lease this highly desirable business, and early enquiries must come highly recommended to avoid disappointment.Location
Sillett Tyres Ltd operates from an excellent trading location on Holland Street (AB25) one mile from Aberdeen city centre. The business is surrounded by a wealth of complimentary, independent local businesses & as such benefits from a great deal of passing trade along with its impressive level of repeat business.
Aberdeen is a port city and the UK’s oil capital and is found in the northeast of Scotland, where the Dee and Don rivers meet the North Sea, with an offshore petroleum industry, the city is home to an international population. It's also known as the ‘Granite City’ for its many enduring grey-stone buildings. The 19th-century Marischal College is typical – a monumental Victorian landmark that’s now headquarters of the City Council.
The city benefits from excellent travel links to all parts of the UK & further afield due to rail links and the international airport situated in Dyce on the outskirts of the city.Premises
The business occupies a purpose-built industrial unit that has been fitted out to a good specification, extending to approximately 121.49 m2 & benefits from having easy access for vehicles, the accommodation briefly comprises:
Office accommodation / reception area office furniture, computer equipment, electronic payment equipment & alarm system. Opposite the office is a W/C area
Purpose Built Workshop Facility with perimeter racking/storage on all sides housing a large & varied stock of tyres & consumables.
There is further storage to the rear along with a mezzanine level.
2 x compressors
1 x Motor Cycle wheel balancing machine
1 x Car wheel balancing machine
2 x tyre fitting machines for cars
1 x tyre fitting machine for motor cycles
Various industry tooling & equipment.
Large stock of new tyresTenure
We are advised that tenure is offered on a Freehold basis.Hours
Monday – Friday 0900 – 1700.
Saturday – Sunday - ClosedStaff
The business is currently run by the owner, with 1 other fulltime member of staff.Financial Profile
The business reported a gross turnover figure in the region of £546,000 with a good gross & net profit.