Garage for sale

4 Edinbane - IV51

£45,000

Property Description

Key features

  • A GREAT OPPORTUNITY TO PURCHASE A WELL ESTABLISHED BUSINESS
  • 3 buses coming with sale
  • Well Established
  • www.skyetours.co.uk

Full description

Tenure: Freehold

Description
The business is currently operated from our client’s home just a few miles from Portree. However, due to the flexbility of the business, it can be re-located.

Business
The business was established by our clients in 1987 and grew from humble beginnings with a single mini bus, serving a single school contract, to its peak when the business operated a more substantial fleet including mini buses and disabled access buses and served school and council contracts as well as significant private hire and local tours. Now being managed at a level to suit their own lifestyle, the business serves the local council with 2 school contracts and a service run. Each of these clients has been served for over 15 years, with the current contracts due to be renewed in the next year for another 3 to 5 year term with a potential to increase the council contracts to 4. The business operates 6 vehicles at present and maintains them all to the highest standard. The business is being placed on the market due to the current owners wish to retire.

Business Source/Clients
The business also operates as Skye Tours www.skyetours.co.uk whilst serving the existing contracts and private hire. Our client is due to tender for another 2 contracts through the local council which would take the total to 4 contracts in place, thus increasing turnover and profits.

Staff
At the moment, our client operates the business with 3 members of staff including the client themselves. Although, in the height of the season, would see this increase to 5.

Tenure
The property is held on the Scottish equivalent of Freehold.

Accounts
The turnover in 2010 was in excess of £93,483. In 2011, £100,066. Full trading information will be made available after a formal viewing has taken place.

Price
Offers over £45,000 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660

Summary
The business would present an excellent opportunity for an existing coach or mini bus company to bolt on lucrative existing contracts to immediately increase turnover and profits. There is also scope to develop private hire custom and to accept more local council contractual business. The business has 6 vehicles and 2 live contracts.


Listing History

Added on Rightmove:
19 July 2016

Nearest station

  • Duirinish (29.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Duirinish (29.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 39689. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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