Light Industrial for sale

Gloucester, GL1 5RZ, GB


£550,000
S.O.A.

Features

  • Excellent commercial location
  • High turnover with good profit margins
  • Ideal bolt on acquisition for similar expanding operator
  • Industrial warehouse and office premises
  • Regular repeat business from trade customers
  • Valuable long standing customer base
  • Well maintained fleet of delivery vehicles
  • Wholesale supplier of catering products to the trade

Description

Falcon Commercial is delighted to offer for sale this extremely well presented wholesale delivery and Cash & Carry business which occupies a prime trading position on one of Gloucester's main trading estates. It has been under the proud ownership of our client since 2002 during which time they have made considerable investment in establishing the area's premier supplier of packaging products as well as food and drink to caterers. It is now being placed on the market due to the owner's ill health. During our client's stewardship the business has built up an excellent reputation for its good selection of products as well as great service.


Imperial Food and Packaging enjoys a central trading position with ample free car parking. This thriving business is primarily operated as wholesale delivery business with a fleet of 10 delivery vehicles as well as a rapidly growing cash and carry. The business supplies many of the takeaway shops in the south west delivering to Worcester, South Wales, Bristol, Cheltenham and Gloucester.


Imperial Food and Packaging is run by our client with help from a dedicated team of full and part time staff. It generates a turnover in the region of £4,100,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover possibly by running a modest marketing campaign, expanding the delivery area or by extending the opening hours to include Sundays or one or two evenings per week.


This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended


The Premises


Extremely well fitted throughout, and affording easy vehicle access for deliveries and despatches by means of 2 large, full-height steel industrial roller shutter doors, these modern, substantial and well maintained leasehold commercial premises provide outstanding and highly functional internal ground floor business accommodation which briefly comprises of the main, bright, good-sized and well-appointed open-planned storage warehouse area with 2 forklift trucks for loading and unloading purposes and modern racking system.


The warehouse area also features 7 x large walk-in freezer storage units, 1 x walk-in refrigerated storage unit as well as further ancillary accommodation consisting of a fully furnished and equipped client reception and sales office, together with a separate staff room.


Business Details


Opening Hours



  • 9.30am - 6.00pm Monday to Friday

  • 10.30am - 5.30pm Saturday

  • Closed Sundays


Turnover



  • £4,100,000 Per year


Business Rates


Business rates payable: £8,000


Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk


Stock


The business stock value is: £450,000


Staff


The business is run by the proprietor with help from a dedicated team of full and part time staff who work on an agreed rota basis.


EPC


Commercial Energy Performance rating: TBC


Planning


Potential tenants are advised to make their own enquiries to Gloucester City Council, Herbert Warehouse, The Docks, Gloucester GL1 2EQ


Tenure



  • Leasehold.

  • We are advised that the business comes with the benefit of a secure rolling rental agreement which the landlord is prepared to continue with suitable applicants.

  • The current annual rent payable is £14,400


Legal Costs


Each Party to bear their own legal costs incurred in the transaction.


Accounts


Accounts will be provided to genuine purchasers after a formal viewing


Viewing


Strictly by appointment with the vendor's agents


Location


Gloucester is served by the M5 motorway, which runs to the east of the city. Junction 12 serves south Gloucester and Quedgeley. Junction 11a serves central Gloucester and junction 11 serves north Gloucester. The A38 runs north-south through Gloucester connecting the city with Tewkesbury and Bristol. The A40 runs west to east, connecting Gloucester with Cheltenham to the east (via a dual carriageway section known as The Golden Valley Bypass) and the Forest of Dean and Monmouth to the West. The A46 and A4173 links Gloucester and Stroud, and the A417 links Gloucester with Cirencester in the south east and Ledbury in the north west.


Gloucester railway station has frequent trains to London Paddington, Reading, Bristol, Cardiff Central, Nottingham and Birmingham.


Categories

Light Industrial
Call
Property reference
1c01f5e1bc2ffc13e56f0a1b7ceb1b4a