Total of 18659 firms and businesses for sale today Sunday 5th May 2024
Sold. Domestic & Commercial Self-storage Facility
LISTING DETAILS
Firms For Sale ID:
24324
Vendor reference:
GI025
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£300,000
Turnover / revenue:
£190,000
Net profit / cashflow:
Undisclosed
Years established:
9
Number of employees:
5
OTHER DETAILS
Reason for selling:
One of the Owners – the one most involved in the day-to-day operation of the business wishes to return to France.
Support and training:
The current Owners would provide full business familiarisation, training and handover to ensure continuity of training, however this is a very easy to manage business and it is envisaged that this will only be a short term requirement.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leased with twenty years remaining. Rent is £44,000 per annum with Rates approximately £20,000 per annum
BUSINESS DESCRIPTION
Domestic & Commercial Self-Storage Facility
Ref.GI025
Location Worcestershire
Asking Price £ 300,000
Established in 2001 this business consists of a leased warehouse that has been fitted out on with varying sized storage rooms, providing convenient, flexible and hassle free storage for the local domestic and commercial market. Clean, dry and secure with easy access twenty four hours a day, 365 days per week, 186 units are available in all with 86 of those being located in the yard area. The average container size is circa one hundred and sixty square feet with larger container units being available outside. There is ample car parking to the front and side of the unit that ensures easy access for loading and unloading. There is a fork-lift on hand for larger items.
The length of each customer's stay varies with some having occupied their units long-term whilst others come and go on a short-term basis. The minimum period available is two weeks and all customers are required to give two week’s notice of their intention to vacate their unit.
This unit is located on a small business park just a few minutes drive from the centre of one of Worcestershire’s busiest commercial centres.
Expansion Potential
The current market for this business's service is fast growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.