Presenting a lucrative commercial property for sale in White River, this exceptional opportunity comes in the form of a well-established storage facility being sold as a going concern. This thriving business offers a turnkey solution for investors seeking a successful and profitable venture in the storage industry.
Situated in a prime location in White River, this commercial property enjoys easy accessibility, ensuring a steady flow of customers. The storage facilities have a solid reputation in the community, attracting a loyal customer base and generating consistent revenue.
The property features a range of storage units, catering to diverse storage needs as well as small, clean manufacturing or packaging businesses. From small lockers to spacious units, there is ample space to accommodate personal belongings, business inventory, or equipment. The facility is designed with security in mind, equipped with state-of-the-art surveillance systems, access controls, and robust safety measures to provide peace of mind to customers.
The operational infrastructure of the business is well-established, with streamlined processes and efficient management systems in place. The experienced and knowledgeable staff members are dedicated to delivering exceptional customer service, ensuring client satisfaction and fostering long-term relationships.
Spanning approximately 3100 square meters, this property generates an impressive annual income of R1 029 600 with fixed annual contracts as well as short term contracts. Its division into multiple sections enhances its resilience, allowing it to cater to diverse consumer needs and adapt to changes in occupancy.
In addition to the storage units, the property may offer additional amenities such as office space, manufacturing and packaging space, or complementary services to further enhance the revenue potential. The flexibility of the space allows for expansion or diversification based on the new owner's vision and business goals. There are 5 buildings, each containing storerooms of different sizes. Most of the storerooms have 30-minute fire rated ceilings and roll up doors for easy access.
Ablution and kitchen facilities as well as office space, are available in the bigger storage and/or clean manufacturing units.
The property boasts long-term anchor tenants occupying various sections, reflecting a strategic decision by the current owners to target a distinct market segment in self-storage. This addresses a specific demand within the local community.
Overall, the property's condition is above average, recently benefiting from a fresh coat of paint. While the buildings are older, they are structurally sound and well-presented. Each section has its own meter and benefits from a three-phase electricity supply. Any remaining unoccupied space is being actively developed to align with the rest of the business model. Viewings can be easily scheduled during business hours.
White River itself is a thriving town with a growing economy, making it an ideal location for this storage facility. The region's increasing population and business activity create a favourable market for storage services, promising a stable and profitable future for the new owner.
Overall, this commercial property offers a unique and compelling investment opportunity. With a well-established business, a strong customer base, and a prime location, it presents a ready-to-go venture for investors looking to enter or expand their presence in the storage industry. Don't miss the chance to acquire this successful business and capitalize on the growing demand for storage facilities in the area.
Selling price of R6 825 000 or nearest cash offer.
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