 | Self Storage Business For Sale South Wales, United Kingdom Advert ref: MS 340 FINANCIAL DETAILS | Asking price: £1,500,000 Sales revenue: £360,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer this business that operates a self-storage service for the public and businesses. Part of a growing industry, the business fills a need in modern life whereby the amount of space needed to store the essentials of the today’s lifestyle outnumbers the space allocated to individuals and businesses. With modern houses getting smaller, storage has become a major problem. Equally, businesses need to keep so many records to comply with rules and regulations and space is money. This business addresses the problem with an easy inexpensive solution.
The business has nearly three hundred 20 feet containers that offer dry storage with security and easy access.
Clients rent the container and are free to access their possessions during the working day. The business is also used by removal companies for storing furniture between moves.
The business is split approx, 50% public and 50% trade.
The containers are covered by state of the art PIR surveillance cameras.
The business also retails and hires containers.
The business has the benefit of a long lease on a very low rent which has a further 48 years to run. This allows the business to benefit from huge saving on overheads.
The business includes three web domain names
Operated by the vendor, two full time and two part time staff the business is easily managed
Premises:
The business operates from a secure (approx. 2 acres) yard with hard standing and fencing around the perimeter.
There is a block built unit of approx.2, 500 sq ft with a staff toilet, office, maintenance area and shop area.
The business has 290 No 20 feet storage containers (all in excellent condition), an on site portable office, a flat top lorry, 2 No Fork Lifts, a Landover and a Transit van. The CCTV system is PIR operated with dial out facility.
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GENERAL INFORMATION | Trading hours: Monday to Friday 8.00am to 6.00pm
Property: Leasehold
Lease terms
Leasehold 48 years remaining
Rent: £12,500 pa
Rates: £2,500 per year
Location
The business is well located on a light industrial estate with good Motorway access along the M4 corridor
Expansion potential
The business has seen and continues to see rapid growth
Support & training
Handover training available
Reasons for selling
Ill health
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The Business Partnership - South Wales | | | |
