2 Document Storage & Warehouse

Price:

Freehold - £3,500,000

Turnover:

Seller Ref:

2377

Location:

Devon, Ashburton

Business Type:

Commercial Property

See Other:

Development sites for sale in Devon
Commercial property for sale in Devon

Description:

THE BUSINESS:

This business comprises a leasehold storage site for caravans and containers of approximately 5 acres located in a large city in the south west together with a freehold site of around 3 acres located 17 miles away and beside the A38 Devon Express way, the main artery between Plymouth and Exeter. The combined rent roll and the income from the two storage facilities are expected to produce a net profit to May 2012 (after allowing for the cost of two site managers and an accounts clerk) of c£580,000 which is an ROI of 16.57%.