FOR SALE
615680
1681 / Rightbiz
Used car dealership. Showroom and car sales forecourt. Traded as used car sales business for many years. Enviable trading location on busy thoroughfare. New 5 year lease available. Scope to develop existing business. Annual Rent - £46,200.
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LEASEHOLD Guide Price £50,000.
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The business trades from a prominent position on Inglis Green Road, a main thoroughfare that adjoins Longstone Road in 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, restaurant and some retail businesses.
The property consists of a car showroom with capacity for 6 vehicles and a forecourt offering space for a further 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 and 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 this, the business will need 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 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.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Car showroom with forecourt for c.35 vehicles located just 15 minutes west of Edinburgh city centre. - 1681 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.