Business description

Extensive freehold land with huge potential for creating additional income and housing successful commercial vehicle repair and recovery company in convenient location to major motorway networks and west midlands road network.

Current owner is willing to consider sale of freehold land with leaseback agreement for current business, or sale of both business and freehold, by negotiation.

Property information

Property:

Freehold

Location:

This commercial vehicle repair and recovery business operates from freehold premises in Birmingham, covering a total area of 2 acres (approx), and situated in an impressive prime geographic location within easy reach of the main road and motorway networks serving Birmingham and the West Midlands, and linking the region to the rest of the UK.
The premises comprise of 3 seperate buildings housing 3 administration offices and 4 large workshop areas with a large yard area with warehouse facilities and substantial parking area.
There is additional land of approximately a quarter of an acre which is owned by the local authority and may be available for rent or purchase from them.

Other information

Expansion potential:

Currently, the repair and maintenance side of the business is experiencing growth, and the current owner is employing further staff to cope with the increased demand.
This business has significant growth potential and around the property there remains significant scope for further development and expansion of the existing buildings owned by the current vendor.
The business is an excellent opportunity for an investor / developer looking to acquire a successful business for further development.
Of the existing buildings, 3 are currently sub-let on a 'no-ties' basis providing an additional income for the business, with further income streams currently being exploited on the premises.

Competition / Market:

The business was established in 1979 by the current owner, and offers a unique 'one stop shop' philosophy to its customers, by providing all aspects of repair and recovery services, including a 24 hour national recovery service network with an international outreach. It also offers repair work on light and heavy commercial vehicles and plant equipment, and services for companies from small to blue chip Plc's, including P&O and the Wincanton Group. The repair and recovery business has ISO accreditation for the excellent levels of quality and service it provides, and has built an excellent reputation for efficiency and professionalism that is reflected in the high calibre workmanship and ability to undertake any job. The business employs trained staff in engineering, hydraulics, vehicle electrics, and body repair, and are agents for Montrracon trailers, BPW Axles, Piestman Arial Platforms, and hold manufactures impressed stock for Mercedes, DAF, BNP and Serk-Unipart.

Support & training:

The current owner would be willing to stay with the business under its new owners for as long as is needed to ensure a seamless transition, as a consultant or as full time employee of the business up to the period of 3 years.

Reasons for selling:

The current owner is looking to divest the business as part of his long term view to retire, and is therefore willing to support the new owners in a suitable orientation and training period as necessary to ensure a smooth transition, or to agree a period of consultancy as required.

Trading hours:

24 hour recovery network

Financing available:

Please speak to us if you require finance for this business opportunity

Related documents:

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• NDA - please return for further information