Warehouse

Mailbox Estates is proud to be showcasing a rare opportunity to purchase the lease of one of the UK's major wholesale distribution centres based in West Midlands.

Established and trading since the 1980s with the same owners, our clients own the freehold and are now offering a new lease due to genuine retirement.

This company prioritises in supplying a range of Asian food necessities such as vegetable oil, rice and flour to restaurants and takeaways within the surrounding areas. Orders are taken from customers 24-48 hours prior to delivery as well as a telesales division.

The business has been established for over 40 years, and the current owners have created long lasting relationships with customers, ensuring repeat business and constant revenue. The business a unique relationship in place with the suppliers of their products ensuring supply and service which as a new start up would be very difficult to attain.

There is huge potential for growth, with opportunity to create and develop the eCommerce side of the company. An online presence would only add to the already great trading figures.

This is a unique opportunity to acquire a great business with the new owners being able to generate profit from the first day of trading.

Lease details:

New 20 Year lease available
£50,000 P/A Rent
Rent review every 5 years

£15,000 P/A Business Rates
Purchasers should enquire with the local authorities to confirm the rates payable.


Trading Hours:
Monday to Friday 9am-7pm
Saturday - 9am - 5pm
Sundays - Closed

Trading History:

The accounts for the YE 2022 show;
Turnover &
Gross Profit disclosed upon full registration

Staff:
6 Members of staff employed on a permanent basis.

Fixtures & Fittings

All equipment is included in the business sale, which means the new owner would be able to get to work straight away. Staff, assets, and vehicles will be left in place for the buyer.

The property is securely gated and is fitted with CCTV cameras and an alarm system.
The property comes with a loading dock to ensure swift and easy operations when loading/unloading HGVs/Vans.


There is also another gated car park within the premises.
The land is approximately 10,000 sq footage.

Trading Information
* Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.

Viewing arrangements
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR.

Deposits:
* Successful applicants will be required to pay a non-refundable deposit to the marketing agent, Mailbox Estates. The deposit will be set off against the agreed purchase price on completion of a sale. In the unlikely event that the vendor withdraws from a sale, deposits will be repaid in full.

However, in the event that a purchaser reneges on the agreed terms and conditions of a sale and purchase, the deposit/s will be forfeited

Mailbox Estates highly advise early viewing to avoid disappointment.


Tenure: Leasehold