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Business for sale in United Kingdom - Gi028-freehold containerised self-store business-northamptonshire

Asking Price: 595,000 £ Real Estate: Ownership
Business for sale – Gi028-freehold containerised self-store business-northamptonshire
Sales Revenue: 110,000 £
Net Profit: 1 £
Year Established: 1996
Employees: 3FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Northamptonshire/Northamptonshire

Business types:

Transportation & Warehousing

Business categories:

Storage & Warehousing

Business description

turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. This business was formed by its directors back in 1996, when this type of self store business was in its early days, and has been run and managed by the family ever since. The freehold site from where the business operates, which extends to circa ½ an acre, was originally the base for a haulage company, and is located in a large well known commercial area of northamptonshire. As this business sector continues to show steady growth, we expect this offering to bring strong interest from both commercial and private investors. The directors have, through their great energy and drive, developed the business offering steadily over the years, and this now represents a turn key ready proposition with strong roots, which has always traded steadily over the years, producing steady and easy to forecast profitability, the large benefit of positive cash flow is there for a new owner, along with the attendant direct ownership benefits. The business is beautifully simple to own and operate, has a securely fenced facility, and currently has 96 – 20 foot shipping containers on two levels, all in good condition, converted for usage as storage solutions for both the private and commercial sectors. The site also includes a portakabin type office plus a good sized open fronted workshop/ parking bay for the fork lift truck etc. The principals of the business have also been proactive in creating a variety of differently sized storage solutions within one container, and these are proving to be very successful and lucrative also. Such is the growing popularity of this type of business that local councils are being ultra selective regarding any new applications for development of new sites. This business is, as previously mentioned, turn key ready with approximately 95% current occupancy, all pre paid – hence no credit or cashflow issues and increasing profit forecast due to the ingenious storage solutions that have been developed. Strong interest is expected for this business so we would recommend early inspection. Equipment: the company owns and maintains an inventory of machinery, tooling and equipment, used daily in the smooth operation of the business. All such inventory is expected to be included in a successful sale package. Customer service: the company and its family owners enjoy long held links with the local community and an enviable reputation which is undoubted. Key strengths: the key strengths of this business are as follows:- • friendly family run ambience with great customer relations • a greater array of size/ price solutions • key location key opportunities: two key opportunities exist here for the fresh energy which comes with a new owner. Firstly, due to the early success of the modified containers and their differently sized storage options, the new owner may wish to roll out the idea on a bigger scale. Secondly, the space taken up by the workshop and office could be rescaled to accommodate more containers if required.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: This is a genuine retirement sale.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: As previously described, the company operates from a clearly visible freehold commercial site (value approximately £ 325,000) with very good levels of passing traffic, in a well established and well known large commercial zone. Annual rates come in at a very reasonable circa £ 2,100

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