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AM095- Valuable Commercial Freehold site (2 Acres approx.) with Commercial Vehicle Sale and Rental

Asking Price: GBP 1150000
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Business Location: United Kingdom » Norfolk » Norfolk 
Category: Real Estate » For Lease
Description:
Valuable Commercial Freehold site (2 Acres approx.) with Commercial Vehicle Sale and Rental business

Ref.AM095
Location Norfolk
Asking Price £ 1,150,000Turner Butler are delighted to be appointed sole selling agents for this exciting business opportunity, which has never been brought to the market for sale before. This company was established 12+ years ago and has developed a very stable turnover during that time, although the Managing Directors generic background in this business sector stretches back to more than 22 years.

The Freehold site of approximately 2 acres has some 5 buildings of varying types and these benefit the owner directly through rental agreements with their sub tenants. Sub tenancy possibility areas include MOT Workshops, a Factory/Warehouse, Vehicle Paint Shop, Mini Self Storage Units, a Cafeteria, an Office and generous outside display/storage area currently used for vehicles. The range of these facilities produce an excellent rental stream apart from the activities of the Commercial Vehicle sales and rentals, believed to be currently in the region of £40,000 per annum.

This business offers diverse revenue streams from the freehold and its buildings, and offers a solid financial platform for a new investor/owner to take the package on to an even more profitable level.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: na
Year Established: 1996
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
The Directors have decided to now sell the business and freehold due to other business interests.
Market competition and expansion:
The business is widely advertised in the local area and the company has developed and maintained an Internet Website.
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