Business for Sale Overview:
Established in 1999, this business consists of a leased warehouse that has been fitted out on the ground floor with varying sized storage rooms, providing convenient, flexible and hassle free storage for the local domestic and commercial market. Clean, dry and secure with easy access twenty four hours a day, 365 days per week, 90 rooms are available in all, ranging from a 25 square feet storage ‘box’ up to large storage rooms of the size of a garage or even larger. Ample car parking to the front of the unit ensures easy access for loading and unloading with a fork lift on hand for heavy or bulk items. The length of each customer's stay varies with some having occupied their units long-term whilst others come and go on a short-term basis. The minimum period available is one calendar month and all customers are required to give two week’s notice of their intention to vacate their unit. Any goods can be stored, such as furniture, filing or unused equipment right through to the excess stock of smaller businesses.
For convenience, and as an additional revenue stream, the business also offers packing materials such as boxes, bubble wrap and tape. Knowledgeable and helpful staff in the form of one of the Owners provides a friendly and first class service for customers who have their own key to their own unit but are required to sign in each time they visit the site.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business is located on an easily accessible small business park near the center of this very busy Berkshire town with a population of approximately 30,000 and operates from a warehouse available for storage including toilet facilities and the reception area.
Over 90 units are available within the main body of the warehouse with an additional 6 units accommodated within containers situated adjacent to the building. Units which are approximately 10 feet high vary from between 25 square feet and 200 square feet.
An area of the warehouse is sub-let to a local business for office accommodation on a short term let basis.
The premises are leased with 6 years remaining. Rent is £40,000 per annum with Rates approximately £20,000 per annum.
Market Competition and Expansion:
Well established, benefiting from high levels of awareness from local users and frequently operating at or very close to capacity, the business has little need of extensive investment in marketing and advertising. What advertising the business undertakes is limited to Yellow Pages entries, yell.com and the occasional small display ads placed in the free local newspaper. The business also has a very effective, well designed and informative website that performs very well in all the major search engines for all appropriate search terms.
A high proportion of the business's revenue has also been due to its excellent reputation for quality of service and strong word of mouth recommendation.
Reason for Selling:
One of the Owners – the one most involved in the
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.