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.
 

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David Binder (Nov 2017)
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Freehold Price: £2,450,000 Annual Turnover: £330,000
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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

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