Long-standing customer David Philip, whose family has been farming in the area since 1939, bought over GT Tyres from previous owner, Cameron Gordon, upon his retirement.

The business, which was established in 1977, provides an extensive range of tyres for all types of vehicles, from cars, to vans, transits and 4x4s. It also offers specialist advice on all car parts and components, and works closely with the agricultural community in the area. For the last 25 years, David was a frequent visitor to the auto-repair shop, which provided components for his arable farming equipment.

The purchase of GT Tyres allows Mr Philip to diversify his family’s farming business and provide an additional income stream. Proud to have enabled the business to continue trading as an independent entity for years to come, the new owner hopes to build on the great work his predecessor established throughout the past four decades.

To help realise this plan, the Michelin accredited GT Tyres will continue to operate with its five existing staff members, whose jobs were retained in the changeover. Their expertise and years spent building close relationships with customers of the business were one of main reasons David was interested in taking over the operations.

David Philip, director of GT Tyres, said: “I’ve known Cameron for a long time, and I knew he was looking for someone to take over ahead of his well-deserved retirement. The dedication of his talented team is testament to the business he has built over the years, and I’m looking forward to carrying on his legacy.

“The support from Royal Bank of Scotland has been phenomenal – they provided me with the funds to make this life-changing opportunity happen during a difficult year, and I want to thank Michelle for all of her advice.”

Michelle Anderson, relationship manager at RBS, added: “It’s great to see an independent business pass from one pair of committed hands to another. From the outset, David made it clear that he wanted to continue his predecessor’s work and it’s encouraging to see he has retained the existing team. We’re looking forward to witnessing the continued success of GT Tyres, and wish David and his team all the best.”