Freehold Industrial Development For Sale

Business description

Advent Business Sales are delighted to be able to offer to the market, this Industrial investment.

The unit is currently run as a roofing contractor which was established by our client’s father over 60 years ago and was handed over to him 15 years ago.

He has reluctantly decided to sell as he now wishes to retire.

The business does both new build and repairs to all roofing types including felt, tiled and slate. 90% of work is to retail customers, and 10% to local builders.

A great deal of work is undertaken for the local councils of Loughborough, Leicester and Melton.
Most orders are received by recommendations as our client does minimal advertising in the local Loughborough newspaper.
The property stands on 960sq metres land,

This is an ideal opportunity for outline planning for small industrial units or for some who wishes to change the use of the property.

There is also a mobile tower on site which brings in a yearly income of £4750 pa, this is included in the price.

This is a rare opportunity to purchase a freehold business and is an ideal investment opportunity not to be missed.
An early viewing is recommended

ref:8428LE

Property information

Property:

Freehold

Lease terms:

TENURE: Freehold

We are advised that the annual business rates are currently: £920

Living accommodation:

BUSINESS PREMISES An industrial freehold unit measuring approx 270ft long by 36ft wide. Ground Floor - Small Office - Rear Store area with W.C – 15ft x 55ft External To the rear of the building is a telephone mast. 4 Car parking spaces.

Location:

Our Client is located in the University town of Loughborough in Leicestershire central to the major cities of Derby, Leicester and Nottingham.
The business is ideally situated in an industrial estate close to the M1. The whole area is also served by the A6 and A46. East midlands Airport is only 15 minutes away, whilst Birmingham airport take an hour by road.

Other information

Expansion potential:

- There is excellent potential to increase sales by taking on more work for other local councils.
- As most of the work comes from word of mouth or recommendations and 2 weekly adverts in the local paper, further advertising will help to expand and grow the business.
- There is also scope to increase the trading hours.
- There is potential to develop the unit into several small starter units which can be sold/rented on as they are in high demand in the area.

Trading hours:

Mon – Fri: 7.30am – 4.00pm

Financing available:

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

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