Used car dealership. Showroom and car sales forecourt. Traded as a used car sales business for many years. Enviable trading location on a busy thoroughfare. A new 5-year lease is available. Scope to develop existing businesses. Annual rent: £46,200.
LEASEHOLD Guide Price: £50,000.
The business trades from a prominent position on Inglis Green Road, a main thoroughfare that adjoins Longstone Road, connecting Lanark Road and Calder Road just to the west of Edinburgh city centre.
The site is located within the Longstone area of Edinburgh and is surrounded by the densely populated suburbs of Craiglockhart, Slateford, Wester Hailes, and Kingsknowe.
There are a couple of other car sales businesses nearby, along with a large Sainsbury’s, a bar, a restaurant, and some retail businesses.
The property consists of a car showroom with capacity for 6 vehicles and a forecourt offering space for another 30 cars. There is car parking available opposite the business and on surrounding streets.
Our clients have been operating their business from this spot for 5 years and have reluctantly placed the leasehold interest in the site on the market to concentrate on their other location due to the retirement of one of the partners.
The site has been a used car sales operation for many, many years and is perfectly set up to continue as such. The business will need to be de-branded from Redpath and McLean due to the owners retaining their other site trading under that name. The business benefits from being next door to an MOT station and a car repair workshop for vehicle prep.
The property is offered on a new 5-year lease agreement with a starting rent of £3,850 per month (£46,200 per annum).
A guide price of £50,000 is sought for the leasehold interest in the property and all fixtures & fittings pertaining thereto. The current owner will also be open to the sale of all or some of the vehicles on display at cost.
