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Self Storage And Commercial Lease Company In Devon For Sale

Exeter/Plymouth/Ashburton, Devon, UK
Freehold Price:
£1M - £5M Furniture / Fixtures and Inventory / Stock included
Leasehold:
£1M - £5M Furniture / Fixtures and Inventory / Stock included
Turnover:
£1M - £5M
Net Profit:
£250K - £500K

A highly attractive self-storage company is for sale in three prime locations in Devon. Complete rental coverage in the region for container storage, caravans and motor homes, leased offices and warehouses for high-end blue-chip clients, and trading areas.

The company is forecast to achieve a turnover of £1.7 million plus PA year-end in March 2025, with huge potential for further growth.
The business has experienced and motivated staff to ensure a positive client-supplier experience. The business has a significant amount of assets from which it derives it's income, plus other income opportunities, with three detailed websites covering the three locations.

Viewing is recommended for serious interested parties to appreciate the scale of over 14 acres of prime commercial locations. Prepared to split into three locations for any interested parties.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

9 to 15 years

Leasehold Rent:

£443,000 per annum

Living Accommodation:

N/A

Location:

Prime located Business off the M5, A30 and A38. All major trunk roads to Service the County

Premises Details:

Offices, Warehousing, Internal Storage, Container Storage, Caravan & Motor home Storage, trading areas.

Size in square feet:
620,000
Planning Consent:

B8 for Open Storage and B1 for Warehousing/Offices

Business Operation

Expansion Potential:

Sinificant Expansion potential in Both Plymouth and Exeter for Storage, and Land at Ashburton for a new Warehouse

Competition / Market:

Largest Container Storage In Exeter and Plymouth. Ashburton is a small Industrial Park

Reasons for selling:

Retirement sale of the directors on the board

Trading hours:

7.30am to 6.00pm Monday to Friday. Remote access 24/7

Employees:
9
Years established:
17 years

Other Information

Support & training:

Prepared to offer a handover period

Furniture / Fixtures value:
£50,000 - included in the asking price
Inventory / Stock value:
£5,000 - included in the asking price
Website:
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Related Documents:
Leasehold asking price:
£1M - £5M - Furniture / Fixtures and Inventory / Stock included