High Volume Car Storage Facility for Main Dealers For Sale - Surrey, United Kingdom

Business description

Located just outside one of Surrey’s busiest commercial centres and within easy reach by a large volume of major car dealerships, this business is one of the largest, privately owned car storage businesses in the south of England. Situated on approximately three acres of freehold land in an area hosting several major retail parks and industrial estates, this business is solely dedicated to meeting the vehicle storage needs of local dealerships, who are either committed to meeting their manufacturer targets or keen to take advantage of particularly good deals available to them but without the necessary forecourt space to store on site. This business works very closely with a very large proportion of local car dealerships offering a very cost effective and a safe and secure storage solution. With excellent local road links offering easy access, car transporters are constantly visiting the site dropping off or collecting vehicles throughout the day. Specializing in high volume, long term car storage, this business alleviates the hassle dealerships have, particularly with forecourt space at a premium, by making the storage process as easy as possible with helpful staff providing a friendly and first class service. With little or no advertising – discretion and security are two of the key selling points as far as the customer base is concerned, this business achieves very high levels of occupancy across the site, having built its business through strong personal selling and as a result of providing very high levels of customer service, strong word of mouth recommendation. With turnover of £312,000 for the 2007 financial year generating almost £205,000 pre-tax net profits including rents of £108,000 per annum from office accommodation also on the site, this is an excellent opportunity to acquire a fast growing, easy to run business in an area demonstrating a high level of demand for its services

Property information

Property:

Freehold

Location:

Surrey Freehold land conservatively valued at £3 million Approx 3 acres of freehold land including office accommodation generating £108,000 rents pa

Other information

Competition / Market:

The business has a very limited marketing and advertising budget relying on repeat business from a very loyal and active customer base as a result of its excellent reputation for quality and service. The business also enjoys strong word of mouth recommendation.

Support & training:

The current Owner will provide full business familiarisation, training and handover to ensure continuity of training, however with the Storekeepers in place to maintain the day-to-day operation of the business, it is thought that any period of handover would be very brief.

Reasons for selling:

This is a genuine retirement sale.