Warehouse business for sale
Fully operational warehouse with ongoing contracts and experienced staff. Freehold warehouse located in a West Midlands market town close to the junction of a number of major A roads. Situated on a 1 ¾ acre plot, it benefits from 50,000 sq. ft. of floor space with 80% of the area having racking, whilst the remaining 20% consists of a self-stacking and picking area.
The property has an eaves height of 30 ft and a clear span of 110 ft. There is mezzanine flooring in two areas of the building and a large office space. The warehouse is well equipped, having 4 high lift reach trucks, a gas fork lift and 2 electric pallet trucks. Energy costs are minimal due to solar power and LED lighting.
The business currently benefits from two significant contracts which are producing income of between £10,000 to £12,000 per week (inc VAT). One contract is for a 12 month term, whilst the other which has been ongoing for over 8 years has a six month notice period. The warehouse has 4 full time staff and operating overheads (including staff wages, rates, water, insurance and electricity) are around £5,000 per week.