Advert Details

Valuable Commercial Freehold Site For Sale

Details: Asking price:£1,150,000; Sales revenue:£595,000; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: Turner Butler are delighted to be appointed sole selling agents for this exciting business opportunity, which has never been brought to the market for sale before. This company was established 12+ years ago and has developed a very stable turnover during that time, although the Managing Directors generic background in this business sector stretches back to more than 22 years.

The Freehold site of approximately 2 acres has some 5 buildings of varying types and these benefit the owner directly through rental agreements with their sub tenants. Sub tenancy possibility areas include MOT Workshops, a Factory/Warehouse, Vehicle Paint Shop, Mini Self Storage Units, a Cafeteria, an Office and generous outside display/storage area currently used for vehicles. The range of these facilities produce an excellent rental stream apart from the activities of the Commercial Vehicle sales and rentals, believed to be currently in the region of £40,000 per annum.

This business offers diverse revenue streams from the freehold and its buildings, and offers a solid financial platform for a new investor/owner to take the package on to an even more profitable level.

General information: Employees: The business currently employs the two Directors and two further sub contractors.; Trading hours: Monday – Saturday: 9.00am – 5.00pm; Property:Freehold; Location:The freehold site and its buildings are as previously described, with some five buildings and the Mini Storage spread over the 2 acre site. The site also benefits from being connected to all main services including Broadband, with the exception of Gas.

Rates payable are believed to be approximately £5,200 per annum.; Competition / Market:The business is widely advertised in the local area and the company has developed and maintained an Internet Website.; Support & training:All support and training will be provided during handover, as part of a successful sales package.; Reasons for selling:The Directors have decided to now sell the business and freehold due to other business interests.