£1,395,000

Land for sale

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Just added

£1,395,000

Land for sale

Kings Lynn, Norfolk PE32

Local area information

Property location

Nearby amenities

  • Narborough Church of England Primary Academy 0.5 miles
  • Cherry Tree Academy Trust Marham Infant 2.8 miles
  • Watlington 8.3 miles
  • Kings Lynn 8.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Self-storage with development potential - narborough, kings lynn, norfolk

This well-established self-storage and caravan/vehicle parking business operates from a secure, freehold site in a sought-after, semi-rural setting with excellent transport links. The business serves a wide catchment area, benefiting from proximity to major road networks and nearby towns, making it easily accessible for both commercial and domestic users.

Offering a comprehensive mix of outdoor storage containers, indoor units, caravan parking, and a workshop facility, the business provides flexible solutions to both business and residential clients. With a strong regional reputation and regular demand exceeding supply, this is a rare opportunity to acquire an established storage enterprise with plenty of room for further expansion of the business.

In addition, the site provides a recently converted residential unit, fitted out to a very high standard and surrounded by a large, well-presented, and private garden. This offers scope either to be utilised as a main residence for an owner-operator or to provide an additional income stream from letting, either long-term or for shorter holiday lets. The main building also provides office accommodation for the business with the usual facilities.

Of particular note, the rear of the building, which is currently unused, has been granted consent for residential conversion, offering scope for further rental income and an increase in the capital value of the site.



business:

The business specialises in secure self-storage solutions across a diverse unit mix, including over 110 external containers and 37 timber-framed indoor units. The storage offer is complemented by secure vehicle and caravan parking, with 20 currently stored vehicles and scope to increase capacity further.

Current income is underpinned by consistently high occupancy levels-typically above 90%, with waiting lists common-demonstrating the robust ongoing demand. Approximately 150 active customers are currently on-site, comprising both long-term commercial users and short-term domestic clients. 24/7 access is not currently provided, with the main gates being locked at 8:00 p.m. Daily, and this may provide an opportunity for a new owner to expand the service offered.

The site is fully operational with a manual booking system and offers significant potential for revenue growth through container expansion, both internally and externally; conversion of the additional modern workshop (c. 2,500 sq. Ft. And currently used by the vendor personally); and further digital integration for customer onboarding. A strong security presence, diverse revenue streams, and consistent trading turnover in the region of £167,000 p.a. (with easy scope to increase this to c. £185k p.a., not including any income generated from the residential units) underpin the reliability and strength of the business.



premises:

The business operates from a substantial freehold site comprising several key zones: The main container yard with 111 storage units; a steel-framed building with twin roller shutters housing 37 timber storage units with space above for further units; and a second steel-framed building, again with roller shutters, which will be vacant on completion of a sale and could be used for a variety of purposes. This steel-framed building includes a solid concrete floor, an internal brick office with W.C. And kitchenette, and a mezzanine level-offering conversion potential into multiple units or further business use.

The entire site features drive-through access, perimeter fencing, and a comprehensive security system, including 16+ CCTV cameras, electronic gates, and fob and pin code entry. A large concrete yard offers room for expansion, with a recently cleared area from a demolished building presenting further development options. Ample parking is available for both customers and caravans, with scope to increase the number of spaces.

Utilities include three-phase electricity across both main buildings.

The business is operated from offices situated to the front ground and first floors of the main building at the entrance of the site providing a total of 5 individual offices with a reception area and W.C.



accommodation:

The premises include a well-presented, timber-clad, single-storey residential dwelling which has recently been converted and is self-contained. The accommodation comprises a kitchen, a large bathroom with bath and separate walk-in shower, a good-sized double bedroom, and a spacious lounge with patio doors to the garden. The property benefits from underfloor heating, high ceilings, and lots of original features.

There is also a large adjoining space with a high-pitched roof offered with consent for residential accommodation. The property benefits from its own garden space and is partitioned from the main commercial operation, offering privacy and versatility. Overall, the main building, as well as the site as a whole, offers potential for flexible configuration to suit the needs of a new owner, subject to any further consents which may be required.



key information:

agents note: This is a business for sale as a going concern, not an empty premises for sale or let.

Confidential information: In order to release further information on the business – such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

Reference number: INV36463E.

Opening hours: The business operates seven days per week. Monday to Saturday, 7:00am to 8:00pm. Sunday, 10:00am to 7:00pm.

Tenure: Freehold.

Rates payable: Nil. We are advised that the business benefits from Small Business Rate Relief due to the way in which it is currently operated by the vendor.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

Staff: The business is currently owner-operated, offering an excellent opportunity for a new owner to continue in the same capacity or bring in staff as desired. Existing systems and layout support minimal staffing requirements. Correct at the time of listing.

EPC: The Energy Performance Certificates for the site show ratings of ‘D/86’ for the main building, ‘D/65’ for the residential annexe, ‘C/55’ for one of the steel-framed builds and ‘B/47’ for the other, full documents available on request.

Price: £1,395,000 plus stock at valuation.

Comprising the freehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. Business offered for sale as a going concern and not as a vacant premises.

Viewing: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

Finance: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

Business to sell: Thinking of selling your business? That’s our specialty. If you’re curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

Premier marketing: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.



disclaimer:

1. Money laundering regulations: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. Particulars: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. Measurements: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. Services: Please note we have not tested the services or any of the equipment or appliances.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Everett Masson & Furby. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Norfolk
  4. King's Lynn
  5. Narborough
  6. Pentney Road