Island Carriers
Porthmellon
St. Mary's
Isles of Scilly
TR21 0JY
Well established business opportunity with excellent trading figures and profits.
Planning consent for self contained Owners' residential accommodation on site.
St. Mary's, the largest island of the Isles of Scilly has an internal commercial transport system provided by only two operators.
An opportunity has arisen to acquire Island Carriers, the oldest established and larger of the two.
Established in the late 1960's Island Carriers have served locals and visitors alike for many years specialising in all forms of light and heavy transport and with ongoing freight contracts with major couriers plus crane hire and boat launching.
The present owners have, over the past ten years made substantial investments into the business including the erection of a new freight storage / workshop / office building and the purchase of replacement vehicles including, more recently an electric van, together with other equipment.
The business is situated in a prominent and easily accessible location fronting the main road on the edge of Hugh Town.
A forecourt having a frontage to the main road of some 80 feet and a depth for vehicle parking to the building of approximately 40 feet. The forecourt leads to a substantial building of timber construction with a pitched roof with an eaves height of approximately 18 feet. As can be seen from the plan attached planning consent has been granted for owners accommodation at first floor level. Should owners wish to have temporary accommodation when initially taking over the business the Vendors are able to offer a house close by for rental at terms to be agreed.
Divided into workshop / storage 33 feet X 30 feet
Office 15 feet X 12 feet
Kitchen / Toilet accommodation 15 feet X 12 feet.
Residential Accommodation
Planning consent has been granted to provide self contained residential accommodation on the first floor to include:
Lounge / Dining area and Kitchen
Double Bedroom
En-Suite Shower Room
The asking price includes the well established goodwill of the business (audited accounts can be made available to an intending purchaser after viewing) together with all lorries, vans and equipment ( an inventory of these can be made available to interested parties).
TENURE Leasehold for a term of fifty years commencing on 25th December 2002 at an initial rental of £6,000 per annum.
Current rental is £7,000 per annum.
Rent reviews every three years. Such rent review will disregard any improvements or alterations to the premises carried out by the lessee or any predecessor.
Next review 25th December 2014
ASSESSMENTS: Rateable value £7,700
Rates payable per annum £840.40 for 2012/2013 A miscellaneous charge for water of £94.35 was made for 2012/2013
SERVICES: Mains water, three phase electricity drainage are connected
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