Warehouse

Established Distribution Centre in West Midlands

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

Overview:

This longstanding distribution centre has been established and has been trading since the 1980s under the same ownership. Our clients, who own the freehold, are now offering the business for sale due to a genuine retirement.

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

Key Highlights:

Established Business: Operating for over 40 years with strong customer relationships, ensuring repeat business and consistent revenue.
Exclusive Supplier Relationships: Unique partnerships with product suppliers provide reliable supply and service, which would be difficult for a new startup to secure.
Growth Potential: Significant opportunities to develop the eCommerce side of the business, enhancing an already impressive trading performance.

Business Details:

Lease: New 20-year lease is to be granted
Rent: £50,000 per annum, with a rent review every 5 years
Business Rates: £15,000 per annum (purchasers should confirm with local authorities)

Trading Hours:

Monday to Friday: 9am - 7pm
Saturday: 9am-5pm
Sunday: Closed

Financials:

Turnover (YE 2023): £8,227,541
Gross Profit: £883,796

Staff:

Six members of staff employed on a permanent basis

Fixtures & Fittings:

All equipment included in the sale
Staff, assets, and vehicles will remain in place for the buyer

Property Features:

Securely gated with CCTV cameras and alarm system
Loading dock for HGVs and vans
Additional gated car park
Warehouse covers approximately 13,500 sq ft

Viewing Arrangements:

Early viewing is highly recommended to avoid disappointment.
Discreet customer visits are encouraged, but no direct approach should be made to the vendor.

Trading Information:

Detailed trading information will be available to genuinely interested parties who have signed a Non-Disclosure Agreement (NDA) and have viewed the premises.

Deposits:

Successful Buyer(s) will be required to pay a non-refundable deposit.

Mailbox Estates strongly advises early viewing to avoid disappointment.

Tenure: Leasehold