Industrial Units for sale in Merseyside

View the "Freehold Serviced Gated Offices/Storage Pods, NW England" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
View More
Freehold Price: £2,450,000 Annual Turnover: £330,000
Request Details
Business Description
This is a highly profitable staff run company, that enjoys 90-100% occupancy and for sale due to retirement. We are advised the freehold is worth £1,600,000 STC. Comprising Single/Double Storey Office Buildings of Approximately 9,000 sq.ft and further Timber Storage Units plus extensive car parking areas, with Electronic gate to front of property.The business has been set-up to be a Virtual Business', as the IT and utilities have recently been installed/upgraded to such a high specification, the owners do not have to be on-site. The business operates with limited overheads and offers an immediate income/profit, on which to build upon. Audited accounts to year end 30 April 2014 show an income of £313,294 and a net operating profit of £99,572 plus an internal company rental of £80,000 making minimum annual trading profit of £179,572 and on target for £200,000. Additionally, annual rates have been revised and are in the process of being re set and back dated to 2010. This being the case it is anticipated a reduction of approximately £12,000 / 14,000 per annum thus a further increase in operating profit. Conversion has started on workshop for an open plan office with an interested party, to produce a further £25,000pa. Plus further areas of expansion.
Tenure: Freehold

Listed by: Addisons
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

No photo available
Seller Reference:
Bookmark and Share
You May Also Like...