Features
- A rare opportunity to acquire land with an established business and future development potential (STP)
- Extending to approximately 1 acre (0.4 hectares)
- Well-established caravan and motorhome storage business which has been operating successfully over 25 years
- Potential for purchaser to take on the business, receiving an immediate strong and consistent income stream
- Excellent location in sought-after village of Albrighton
- Long prominent boundary to busy railway line
- Potential for development (subject to planning permission)
- Offers are invited in the region of £675,000
Description
The land extends to approx. 1 acre (0.4 hectares) and has been utilised as a well-established and profitable secure caravan storage business for over 25 years. The level and accessible land is well suited for it’s current use, with access from Station Road, adjacent to Albrighton Train Station.
A potential investment opportunity, offering immediate returns, with the purchaser having the opportunity, if desired, to take on and continue the existing business. Alternatively, the site offers potential for alternative uses or redevelopment, subject to planning permission.
The site is located within the popular historic village of Albrighton, approx. 8.5 miles north-west of Wolverhampton. The village benefits from a well-served High Street with a strong mix of independent businesses including butchers, bakeries, cafe, restaurants, take-aways, Post Office, GP and Pharmacy. The village is surrounded by attractive Shropshire countryside and mix of residential and agricultural land.
The property has a long boundary and is highly visible to the busy railway line connecting Wolverhampton with Telford, and beyond to Shrewsbury, Shropshire and North/Mid-Wales.
Junction 3 of the M54 motorway being approximately 2.6 mile to the north-west.
The caravan storage business has been operating for over 25 years, generating a strong and consistent income, with a high proportion of repeat customers and established local demand, with a long list for prospective customers.
The business requires minimal time commitment, making it ideal for those seeking fewer working hours. It generates positive cash flow, with customers paying in advance.
The accounts for the business indicate a profitable business, offering an attractive opportunity for an owner-operator or investor seeking an income producing site with potential for future growth or alternative uses (subject to planning).
There is a 20-year lease in place for a telecommunications mast, effective from 31 March 2017, at an annual rent of £6,000 per annum.
