Parking/garage for sale in Edinburgh, Scotland, United Kingdom EH6

£149,995
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Parking/garage for sale

Property description

Business
Please quote reference B07899

CoGoGo welcomes to the market Edinburgh Specialist Cars Ltd, a highly rated family run garage located in Leith, Edinburgh.

The business was first established over 40 years ago, and has been under our clients ownership since 2016. As seen by the online ratings and reviews, the business is extremely popular within the area.

Edinburgh Specialist Cars Ltd has now come to the open market due to our clients health issues.

This is a family run garage located in Leith near The Shore that provides some of the following service's -


  • Mot's

  • Tyres

  • Brakes

  • Exhausts

  • Batteries


They also sell a fantastic range of cars, vans and camper vans.

Their customer base is huge, and people come back again and again for a reason. You can trust them to service your vehicle without the worry of unnecessary expense, with the added peace of mind they use quality parts and fluids to give you great value for money. They can offer a collection and delivery service to work around your work and home life, just ask.

Key selling points -


  • Well established

  • Good location

  • Highly rated

  • Scope for expansion

  • Very loyal returning customers base of over 3,000 customers


Scope for further growth -


  • Increase advertising and marketing

  • Update the business website



Location
Edinburgh Specialist Cars Ltd is located on Giles Street in the Leith area of Edinburgh.

Premises

  • Large ground floor workshops

  • Reception area with a counter

  • 3 Ramps

  • Roller shutters

  • Ample parking outside



Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease from 2022. Our client has advised that a further 10 year leases can be added after the remaining one runs out. The rent is £25,000 per annum.

Hours
The current trading hours are -

Monday to Thursday - 8:30am - 5:30pm

Friday - 8:30am - 5:00pm

Saturday to Sunday - Closed

Staff
We are advised that the business has 4 full-time staff members.

Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £405,000. Further financials can be made available upon request.

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For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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