Fully Occupied Commercial Property in Rural Staffordshire

Stone, Stone
REF: S07856

Asking Price:
£800,000
Annual Turnover:
£62,000
Annual Net Profit:
£61,000
Under Offer
REF: S07856

Overview

Tenure:
Freehold
Established:
2005
  • Excellent financials
  • Low overhead costs
  • Well-equipped premises
  • Secure contracts in place
  • Wide variety of units available

Intelligent is pleased to present the opportunity to acquire a commercial property business which owns buildings in Staffordshire that are leased to various tenants.

Under current ownership since 2005 and trading since 1995, the business’s property consists of 11 units, all of which are fully tenanted and include a mix of both workshop and storage units.

The property is set in a pleasant rural location and adjacent to farmland which benefits from excellent passing trade and superb transport access. The business does not require any staff to operate, therefore generating an extremely healthy level of net profit.

The vendor has plans for an extension to the present number of units, offering fantastic future growth potential for the buyer.

BBJ Property is now only on the market due to the owners' wish to retire, making this a highly attractive option for anyone wanting to rent a commercial property.

BBJ Property’s units benefit from a great central location between Stoke-on-Trent and Stafford, accessible from the B5026 and found midway between Stone and Eccleshall. The site lies just 2.5 miles from the junction of the B5026 with the main A34 trunk road at Walton, Stone, making it a very convenient location.

Each unit has a separate electric meter and all are paid by tenants on time, whilst car parking for each unit and onsite toilet facilities add convenience for tenants.

The business also operates a website to provide potential tenants with information such as location, layout, and unit dimensions.

The vendor is willing to offer a transitional period to the buyer, to ensure a seamless handover of business operations.

This is a fantastic acquisition for anyone looking for a large rural commercial unit that is located on a substantial area of land, totalling an impressive 1.7 acres in size. BBJ Property has plenty of growth opportunity and would be ideal for any commercial property investor who is looking to yield a stable monthly/annual income.

A key method of growing the business further is to add additional units to the existing property, thereby increasing capacity and potential revenue. By doing this, the new owner will be able to benefit from a substantial increase in turnover and consequent profit. Furthermore, updating the website to modernise it and give more detailed information and photographs would prove helpful to potential tenants and encourage them to request a viewing.

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  • Rural location
  • Great transport links
  • Regular income
  • All 11 units occupied
  • No employees
Rent
N/A
Rates
£0
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
£557,000
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
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