Established Commercial Investment & Self Storage Business in Newton Abbot for Sale
Newton Abbot, Devon
- Status
FOR SALE
- Date Submitted:
06/05/24
- Advert ID
610900
- Reference
CD-80079 / Rightbiz
- Call Agent:
- Freehold: £3,650,000
- Asking Price: £3,650,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Established Commercial Investment and Self Storage Business For Sale For Sale in Newton Abbot
Westcountry Storage is situated in a prominent location just off the A38 Devon Expressway which provides direct access to Plymouth and Beyond (Southbound), Exeter and the M5 (Northbound) with the busy towns of Newton Abbot and Ashburton just a short drive away. The estate, which has been developed by clients over the recent years has seen a great deal of investment not only across the industrial development, which provides high quality warehousing across the site, but extensive drainage, security and associated infrastructure across the site.The estate is popular with storage and distribution operators given the exceptional road connections, along with being well position from a self-storage perspective, with a large local population within Teignbridge amounting to 134,000 (Census 2021)
• Our Reference: CD-80079
• Well presented multi-let industrial estate totalling circa 30,000 sq ft
• Approx. 2,000 sq ft detached office block
• Total site area of approx. 2.89 acres
• Fully let to tenants generating a passing rental of £221,510 + VAT Pa
• 87 storage containers providing a lucrative income
• Strategic location situated just off the A38 and 20 miles from the M5
• Potential for further development (STPP)
• Freehold Guide Price: £3,650,000 +VAT
• FH Price: £3,650,000 Guide Price
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Listing Statistics
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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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Contact seller
Stay Safe
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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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