Freehold Chilled Food Wholsale & Distribution Business For Sale

Business description

Advent Business Sales have been instructed to offer for sale this very well established company with excellent further potential.

Established 21 years ago by the vendor, it is now reluctantly offered for sale due to retirement plans.

The business specialises in warehousing and distribution of chilled food on a whole sale basis with a predominately 50 mile radius.

The business has over 300 regular clients to deliver to and specialises mainly in cooked meats, bacon, sausages, cheese and some sundry items.

Our client has built an enviable reputation based on service and satisfaction throughout his tenure and at peak trade over a £1m turnover has been achieved.

Deliveries are carried out in the company’s own vehicles consisting of:
3 x 3.5 tonne LDV vans
1 x 3.5 tonne Iveco van

All vehicles are equipped with chillers ensuring temperature controlled produce throughout the supply chain process.

The vendor would consider offers for freehold or leasehold. Alternative the business could be relocated.

ref:8731B

Property information

Property:

Freehold

Lease terms:

TENURE: Freehold
Leasehold is available at £110,000 with
terms to be negotiated
Original lease: TBN
Remaining lease: TBN
Review every: TBN
Rent: TBN

We are advised that the annual business rates are currently: £4,400

Living accommodation:

BUSINESS PREMISES A well maintained and well equipped site of approx 1200 square feet for purpose with the added security of CCTV cameras, alarm system and metal shutters, briefly consisting of: Ground Floor - Warehouse area with chiller units - Preparation and storage areas First Floor - Director’s office and main office - Store room - 2 x further rooms which could accommodate further storage or offices - staff room - kitchen - w/c External - Tarmaced area used for loading - Parking in front of building for 4 vehicles

Location:

The business is ideally situated on a busy modern industrial estate close to Birmingham city centre.

The surrounding area is densely populated with excellent transport links, especially with the A45, A38 and A34 which connect to the M42, M5 and M6.

There are excellent parking facilities with private car parking for 4 vehicles plus additional space for parking of company vehicles.

Other information

Expansion potential:

Although already a highly successful business, there is still excellent potential for growth and expansion.

The business currently supplies local convenience stores and supermarkets. There is ample scope to increase the delivery rounds
and supply more businesses with products in addition to increasing product lines.

The business could benefit from a designated sales team, who could offer the services to both local businesses and those further a field.

Alternatively, the first floor could be let out as offices to generate further income.

Trading hours:

Mon – Fri: 7am – 4.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars