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Successful & Established Self Storage Business In Nw For Sale

Blackburn, Lancashire
Freehold Price:
£325,000 Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
£200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£50K - £100K
Cash Flow:
£50K - £100K

Self Storage Business North West Successful & Established 1998 Massive Potential to Expand

Established & trading from same Blackburn site since 1998

Perfectly located near to the M65 motorway in east Lancashire, this first generation self-storage business is locally renowned and family-managed.

Already generating a very impressive 80% adjusted profit, the current owners have severely restricted growth in recent years to remain under the VAT threshold.

A compact and low cost structure, this opportunity will be attractive to a first-time, expanding or diverging investor.

The vendors are free to consider all genuine offers. A brand new leasehold arrangement is available

Limited company structure, not VAT registered, fully compliant, unencumbered assets

Offering storage units of variable size, shape and configuration

Comprehensive customer support structure already in place

Clients of up to 16 years standing and all clients under contract

Spin-off revenues from associated services

Huge opportunities to expand on-site over the short, medium and long term

New fully negotiable 5 or 10 year lease will be available to new owner for easy transition

Structure of this sale particulars includes the outright purchase of the entire stock of approx 100No storage units and ancillary items including but not exhaustive, internal storage crates, fork lift truck, office/reception cabin & all relative office equipment, miscellaneous plant and maintenance equipment, 2 company vehicles, maintained website, training, goodwill and ongoing business support.

Property information

Property:

Available as freehold and leasehold

Lease Terms:

The site upon which the units are situated is leased and will be offered to the new owners on a fresh 5 or 10 year plan at £9000 pa

Leasehold Rent:

£9,000 per annum

Location:

Ewood area of Blackburn, perfectly located near to Junction 4 the M65 motorway in east Lancashire

Premises Details:

Structure of this sale particulars includes the outright purchase of the entire stock of storage units and ancillary items including but not exhaustive, internal storage crates, fork lift truck, office/reception cabin & all relative office equipment, miscellaneous plant and maintenance equipment, 2 company vehicles, maintained website, training, goodwill and ongoing business support.

Business Operation

Expansion Potential:

Opportunities for expansion in adjacent 9500 sq ft unit/yard area offering immediate additional office and internal/external storage facilities (available from late 2019)
There also exist a number of initiatives which could be implemented to guarantee further growth including removals, collections and delivery services etc

Reasons for selling:

Sale due to retirement

Trading hours:

Mon - Fri 9.00 to 5:00
Sat 9:00 to 12:00

Employees:
2
Years established:
21

Other Information

Support & training:

Sale due to retirement - all support and training will be given before, during and after sale

Furniture / Fixtures value:
£5,000 - included in the asking price
Inventory / Stock value:
£145,000 - included in the asking price
Website:
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Related Documents:
Leasehold asking price:
£200,000 - Furniture / Fixtures and Inventory / Stock included

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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