£575,000

Warehouse for sale

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Just added
Business
Retirement

£575,000

Warehouse for sale

Kingston Upon Hull, England, United Kingdom HU7

Local area information

Property location

Nearby amenities

  • St Andrew's Church of England Voluntary Aided Primary School 0.4 miles
  • Endike Academy 0.5 miles
  • Hull 2.4 miles
  • Cottingham 2.4 miles

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

Features and description

Business
Please quote reference B08125

CoGoGo are delighted to welcome to the market a profitable courier & haulage business for sale in Hull.

Established in 2006 by our esteemed clients, Speedway Couriers has grown into a leading name in the courier and haulage industry. This successful business, based in Hull, has been brought to the market as the owner seeks a well-deserved retirement.

With a comprehensive range of services and an impeccable reputation, Speedway Couriers presents an excellent opportunity for a new owner to step into a thriving operation with substantial growth potential.

Services Offered:


  • Same Day Couriers
  • Overnight Delivery
  • International Shipping
  • Vehicle and Driver Hire
  • Temporary Storage Solutions
  • Transit Insurance

Over the years, Speedway Couriers has cultivated a stellar reputation within the industry. Their commitment to excellent customer service, unmatched reliability, and consistent delivery on promises has earned them a loyal client base. This reputation has allowed the company to attract a diverse range of clients, both domestically and internationally. Many of these clients have been with Speedway Couriers since its inception, regularly utilising their services due to the trust and satisfaction built over the years.

Despite its current success, Speedway Couriers holds significant potential for further growth. An incoming owner could expand the business's geographical reach by opening additional depots or branches in other strategic locations. Investing in advanced logistics and tracking technology could enhance operational efficiency and attract tech-savvy clients. Additionally, expanding the fleet to include more eco-friendly vehicles could appeal to environmentally conscious customers and aligns with global sustainability trends.

Another avenue for growth lies in diversifying the service offerings. Introducing specialised courier services for niche markets, such as medical or high-value goods, could open up new revenue streams. Leveraging digital marketing strategies and enhancing the online presence can also attract a broader customer base and increase brand visibility.

Speedway Couriers represents a rare opportunity to acquire a profitable and well-established courier and haulage business with a strong foundation and vast potential for expansion. With large fleet, excellent facilities, a loyal client base, and a comprehensive range of services, the business is primed for continued success. The new owner can capitalise on the existing strengths while exploring various growth opportunities to take Speedway Couriers to new heights.

This is an ideal investment for anyone looking to enter the logistics sector or expand their current operations with a reputable thriving enterprise.

Location
The strategic location in Hull further enhances the business's logistical efficiency, enabling swift access to major transport routes.

Premises
The business operated a large fleet of articulated vehicles and trailers, ensuring they can handle a wide variety of haulage requirements. This extensive fleet is housed in two large warehouse units, proving ample space for vehicle storage and maintenance. These facilities are not only well-equipped to support current operations but also offer significant room for expansion.

Tenure
This opportunity is being sold on a Leasehold basis with a rolling lease in place.

The current rent for both industrial units is £1,750 per month.

Hours
Due to the nature of the business, they operate 24/7.

Staff
This business is run and managed by our client with the help of 12 members of staff.

Financial Profile
This business generated a turnover of £730,000 during 2023/2024. Full financials can be made available upon further request.

More information

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  1. Zoopla
  2. Commercial for sale
  3. East Riding of Yorkshire
  4. Hull
  5. Bergen Way

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Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

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