Thriving Vehicle Repair Business In Dundee Angus For Sale

Business description

Preferred Commercial is delighted to offer for sale this thriving vehicle repair and MoT testing centre, which was established by our client in 2005 and which is only now offered to the market due to our client's wish to retire. The business trades 6 days a week and generates a turnover in the region of £1,300,000 per annum with a healthy gross profit of 24%. The business offers general vehicle repairs, servicing, MoT testing, along with tyres and exhaust parts. MoT testing is currently outsourced, but could easily be done by a new owner. We feel the turnover could be further increased from a modest marketing campaign. The garage has a loyal customer base, enjoying much repeat trade and word of mouth recommendations. The business currently has approximately 200 established client accounts. The premises are well-equipped to suit the trade and boast 4 workshops, a tyre changing bay and private parking facilities. We have been advised that the property freehold may be available by separate negotiation. This is an ideal opportunity to acquire an already busy vehicle repair centre in such a desirable location and with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 10 years
Remaining: 3 years
Review: every 10 years
Rent: 26,000 per annum

Leasehold rent:

£26,000 per annum

Location:

Frank's Auto Centre occupies substantial detached lock-up premises, ideally located just off the busy A90 in the city of Dundee, Angus. The premises benefit from ample private parking and are surrounded by a mixture of commercial and domestic properties. There are a range of amenities nearby and excellent public transport links with a number of bus stops on the road. The city centre lies 2.5 miles away and is home to an extensive range of complementary shops and businesses, such as the Overgate Centre and Wellgate. Dundee is Scotland's fourth largest city and is having a 300 million pound redevelopment over the next 30 years. The city is a desirable place in which to live and work. St Andrews lies 13 miles away, while Perth lies 20 miles to the west.

Premises details:

Substantial detached lock-up garage premises with separate self-contained workshop. Briefly comprising:

Ground Floor
• Reception area with customer seating, counter with electronic cash register, computer and drinks machine
• WC with wash hand basin
• Bay 1: 2-post ramp, space for 1 vehicle and roller shutter doors
• Bay 2: 2 x 2-post ramps, space for 2 vehicles and roller shutter doors
• Bay 3: 4-post ramp, space for 1 vehicle and roller shutter doors
• Bay 4: self-contained annexed building with 4-post heavy duty ramp, space for a vehicle and roller shutter doors
• Tyre bay with 2 x tyre balancing machines and 2 x tyre machines
• Stock room
• Store room with heavy duty shelving
• WC with wash hand basin

External
• Enclosed yard with space for up to 20 vehicles
• Wire fencing
• 2 x secure metal containers used for storage

Business Operation

Trading hours:

Mon - Fri: 8:00am to 5:30pm
Sat: 8:00am to 12:30pm
Sun: Closed