Warehouse for sale in River Gate Shopping Centre, Peterborough PE1

£550,000 (£550,000/sq. ft)
Warehouse for sale 1 sq. ft*
Interested in this property? Call +44 161 506 2192 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business Description:
Silk Letting Ltd is delighted to welcome to the market this outstanding belongings for cash and worldwide distributor based in Peterborough.
The business was established in April 2020 and has sky-rocketed! The business operates in a shop and has warehouse storage. The business ships and exports goods in bulk worldwide to places such as;
- United Kingdom
- Europe
- Continental Africa
and countless more!

The owner is happy to transfer all his worldwide pre-established contacts over to the new owner.
The business has a strong online marketing platform, in-person customers and a fast-growing social media following on Facebook and Google Business.

Situated in a busy shopping centre just off the A15 next to the River Nene and the huge Riverside Park encompassing theatres, athletics tracks, fitness and indoor swimming centres, play areas and much more!
Local amenities include:
- Peterborough City Council
- Pharmacies
- River Nene
- Motors & cycle shops
- Convenience stores
- Hotels, restaurants and takeaways
- Train and tram line
- Places of worship
- Primary schools
- City Market

Premises, Fixtures, and Fittings:
This business includes all stock, fixtures and fittings meaning it is fully equipped and ready for any new owner to take over. The business currently has such a huge quantity of stock that it is having to be measured in volume. This will be available upon viewing.
The property has shopping centre parking and toilet facilities.

Tenure and Financial Profile:
This property is a Leasehold agreement established in December 2020. The business has 3 years left on the lease.
The current rent is – only £1 a year! During these unprecedented times the landlord of the property made a special deal to ensure occupancy of the space.
This business benefits from small business rates relief meaning it does not pay any business rates. This will be applicable until April 2022 at which time the business rates will be £14,250 annually.
Annual Turnover: Available upon viewing.

Business Hours:
The business currently operates;
Monday – Saturday 9 am – 5 pm
Sunday – Closed

Reason for Sale:
The owner is selling due to other aspiring business adventures, this creates the perfect opportunity for any new owner to take over an already well-established and profitable business.

8 current full-time staff members all of which are happy to continue employment under new ownership.
With the staff able to run the day-to-day functions, the business could be taken over by a hands-off owner.

Growth Potential:
Opportunity to create business partnerships with local businesses and offer a discount price on t-shirts or jumpers for their company uniforms. This could also be supporting this business’ company logo which would be a great marketing strategy to bring new customers to the business.
The business does not currently have a website, this would be a perfect opportunity to create the website exactly how you wish to market the business. Also creating an online retail shop section could expand the target market and further increase profits of the business.

Opportunity to expand social media presence from Facebook and Google Business to Instagram, TikTok etc. This way marketing any new ideas would be reaching a lot of new potential customers.

**This is a fantastic opportunity not to be missed**
Viewings are by appointment only and all enquiries are to be directed to Silk Letting Ltd!
Contact Keeley on or

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Silk Letting Ltd, M3 on +44 161 506 2192 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Silk Letting Ltd, and do not constitute property particulars. Please contact Silk Letting Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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