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Edinburgh Prime Car Showroom with Forecourt for 35 Vehicles, New 5-Year Lease Available

City of Edinburgh, Edinburgh, ID 224605

Edinburgh Prime Car Showroom with Forecourt for 35 Vehicles, New 5-Year Lease Available 1
Edinburgh Prime Car Showroom with Forecourt for 35 Vehicles, New 5-Year Lease Available 1
Asking price:
GBP£50 000
Owner
Owner's representative

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Description

Business activity: used vehicle sales

Location: Inglis Green Road, Edinburgh

Tenure: leasehold

Trading history at the site: many years

Road position

Road connection:

  • Lanark Road
  • Calder Road

Position: west of Edinburgh city centre

Visibility: high

Nearby areas

  • Craiglockhart
  • Slateford
  • Wester Hailes
  • Kingsknowe

Nearby businesses

  • Other vehicle dealerships
  • Sainsbury’s
  • Retail units
  • Hospitality businesses
  • Service businesses
  • MOT station
  • Vehicle preparation workshop

Showroom and forecourt

Indoor showroom capacity: approximately six vehicles

External forecourt capacity: approximately 30 vehicles

Additional parking:

  • Opposite the premises
  • On nearby streets

Lease terms

New lease term: five years

Annual rent: £46,200

Monthly rent: £3,850

Guide price

Leasehold guide price: £50,000

Vehicle stock

Stock available separately:

  • Complete vehicle stock
  • Selected vehicles

Stock pricing basis: cost price

Branding

De-branding after completion: required

Development options

  • Continue the existing used vehicle sales operation
  • Increase the number of vehicles offered
  • Develop a revised automotive sales model

Reason for sale

  • Owners concentrating on another location
  • Retirement of one business partner

Details

Real Estate: Lease
Asking price: 50 000 gbp
Rent (per year): 46 200 gbp

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