Parking/garage for sale in Elgin, Scotland, United Kingdom IV30, £99,995

99,995.00

Offer Nr.:
61817202
Type of ad:
for Sale
Property type:
Parking/garage
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
* Well Established
* Excellent Reputation
* Scope to Increase the Turnover
* Excellent Business Model
* Highly Desirable Business
* Prime Trading Location & Close to City Centre
_Please quote reference B06917_
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a
leasehold basis) an exceptionally well run and popular garage with mot centre.
Jr Motors has been under the careful and meticulous ownership of our client
since 1992, building up an excellent reputation. Only now has the business
been brought to the open market, as our client looks to leave the industry and
is keen to see the business pass to a new owner who has the same passion,
enthusiasm, and drive to take the business forward.
The business offers a variety of services including class 4 mot testing,
mechanical repairs, services, engine diagnostics, wheel alignment and tyre
supplies/fitting services. This fully equipped garage can carry out repairs on
all makes and models. The business has built up an excellent reputation within
the area and further afield for the high quality of the services and parts
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, or perhaps branch out into
the car and van hire business and also car sales (due to property layout) and
also offering a recovery breakdown service.
This is a highly desirable business with an excellent business model in place
and would be a very attractive proposition for either an individual or
partnership looking for their first business in this sector which is already
established, or for an experienced operator looking for an additional business
with an attractive income stream.
All fixtures and fittings are to be included in the sale of the business along
with a selection of industry standard equipment.
A tremendous opportunity to own this well - established and popular business,
and early viewings are highly recommended to avoid disappointment.
_Location_
The business is located in a desirable industrial location on the west side of
the popular town of Elgin close to the town's major retail facilities and with
easy access to the town centre itself.
Elgin is well serviced with a wide range of local amenities including primary
and secondary schooling, Dr Grays Hospital, along with a good selection of
hotels, pubs, restaurants, and a variety of independent and major retail
stores. The town further benefits from excellent road and rail links to the
cities of Inverness and Aberdeen.
_Premises_
The business is located in a purpose - built garage facility, comprising main
workshop area with mot testing area, ample workspace areas and further
benefiting from office space along with customer waiting area and ample
storage.
Externally there is ample customer parking within the main yard area that is
bound by secure fencing, that has the possibility to introduce a dedicated car
sales pitch area as well.
_Tenure_
We are advised the business is being sold on a Leasehold basis with a new
Lease to be granted to a new buyer.
_Hours_
The business trading hours are advised:
Monday to Friday - 08: 30am - 17: 00pm
Saturday & Sunday - Closed
_Staff_
The business is run and managed by 5 full time and 1 part time staff member.
_Financial Profile_
We are advised the business generated a turnover of circa £300, 000 as of 2020,
further financial information can be made available upon request.
_Please quote reference B06917_

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: