Fully-Occupied Self-Storage Business in Forres Moray with Expansion Potential
Forres, Moray
- Status
FOR SALE
- Date Submitted:
04/04/24
- Advert ID
609215
- Reference
1168SAF / Rightbiz
- Call Agent:
- Freehold: £825,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Storage Container Business, Forres
Greshop Industrial is an exceptional fully occupied self-storage container unit business. The opportunity comprises a total of 80 container units set over two fully occupied yards within the Greshop Industrial Estate, Forres.There is an additional yard adjacent to the site which has space for a further 20 containers, included in the sale.The service offering is high quality self-storage units which are hired out at £95 per month. Clients come from a variety of backgrounds but typically include tradesmen, vintage car owners, house movers and children returning home from university.
The business has remained at 100% occupancy for a significant period of time now and has a waiting list at all times. The level of work involved with operating a business like this is minimal, a 10 minute handover for new customers demonstrating the padlock is required but after that this is a true passive income opportunity offering an exceptional return on investment.
Greshop Industrial is conveniently located just of the A96 in an easily accessible industrial estate setting. The business is spread over 2 bordering and fully secured yards, each are protected by high quality fencing and gates, secured by padlock and adjacent to the road for ease of access. 14a West Road, Greshop Industrial Estate holds 45 containers and 2 West Road holds 35. Also included in the sale is another neighbouring yard which would allow a further 20 containers to be added.
The storage units are standard shipping containers, 20' x 8' x 8' (feet) and offer ample storage space for a large car or contents of a modern 3-bedroom house. Each has its own unique padlock offering peace of mind that contents are totally secureFull financial information will be made available to seriously interested parties post viewing. With all 80 containers fully occupied the businessgenerates sales over £90,000 per year. The only real overhead the business has is insurance. The site is covered by Greshop Industrial's public liability insurance and the containers themselves are insured, however there is no insurance in place for any customer goods or the container contents. This results in a highly profitable business model.
Offers in the region of £825,000 are sought for the freehold interests and the business as a going concern.
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Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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