LOCATION
The subjects are situated within the heart of Cadzow Industrial Estate, which is located on the south-east periphery of the town of Hamilton, in South Lanarkshire, Scotland. The estate is positioned just off Low Waters Road (A723) which is the principal route from Hamilton to Strathaven. Surrounding operators are predominantly of industrial and commercial use and include UPS, Hamilton TOA Taxis, Play Planet, Cadzow Tyre Centre and Phoenix Distribution.
Hamilton is located approximately 13 miles south-east of Glasgow, 5 miles east of East Kilbride and 3 miles south-west of Motherwell within the local authority area of South Lanarkshire. The town benefits from excellent transport links with easy access to the M74 and M8 motorways, providing the subjects with easy access to the Central Belt and beyond. The town is also well served by public transport services including two railway stations linking to Glasgow and beyond.
Hamilton is the administrative centre for South Lanarkshire council and the town is a popular residential location, with a resident population of approximately 40,000. As a commercial centre, the town offers a wide variety of facilities including the Regent Shopping Centre and Palace Grounds Retail Park.
THE PROPERTY
The subjects comprise ground floor and mezzanine levels within this large single storey workshop/warehouse of steel frame construction, under a pitched roof. The subjects have been extended to the side with a steel frame construction under a mono pitched roof. Both buildings benefit from profile metal sheeting roof coverings. Both properties benefit from large, steel roller shutter vehicle entrance doors.
The subjects benefit from a car park and yard area to the front, which is currently home to 3 shipping containers, as well as the large, secure main yard to the rear which is used for vehicle storage as well as a further 7 shipping containers. There is also a diesel tank which can hold 10,000 litres of fuel.
DESCRIPTION
The main warehouse building is home to a reception/office area, with a larger office to the rear, male and female toilets, staff room and ancillary storage areas. The warehouse is open plan providing vast storage space over ground floor and mezzanine levels. There is also office accommodation and storerooms at mezzanine level. The side building provides further storage space and also benefits from a HGV inspection pit.
SIZE
We understand that the premises have a gross internal area of approximately 807 SqM (8,687 SqFt), excluding the yard areas.
VEHICLES
The sale also includes all vehicles associated with the business which comprise 2 x 18 tonne lorries, 2 x 7.5 tonne lorries, 3 x 3.5 tonne vans, and a forklift truck.
THE BUSINESS
Hugh McClelland & Son was established in 1886 in Stevenston, Ayrshire, moving to Burnbank at the start of the 20th century, and then to Hamilton a few years later, where it has traded successfully ever since.
The business offers a variety or removal and storage services, focusing primarily on house moves throughout Scotland and the United Kingdom, however also offer additional services for domestic, commercial and local authority customers. These include shipping container hire, office relocation, furniture and document storage, furniture distribution, palletised distribution, warehousing, porter hire, trade assistance, van & man moves and house clearances. They also offer a full or part packing service as required.
The business has a strong reputation throughout Lanarkshire and beyond and receives lots of repeat customers and referrals from satisfied customers. As a sign of their commitment to providing a professional service, they are members of the British Association of Removers (BAR).
The business is operated by the current owner along with 2 part time office staff, and 5 full time removal staff. The business trades Monday-Friday 8am-5pm.
The business was started with a horse and cart by the current owner’s great grandfather, and now in its 4th generation the current owner has decided the time is right to sell the business in order to retire. The sale represents a tremendous opportunity for a new owner to take over this long established and extremely reputable and trusted business, which trades exceptionally well, however still offers further growth potential.
TRADING INFORMATION
Accounting information for the year ending 31st March 2024 show a turnover of £348,238 net of vat producing an adjusted net profit of circa £85,000.
Full trading information can be made available to interested parties, only after formally viewing the business.
FIXTURES & FITTINGS
We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or lease agreements.
RATES
The subjects are entered into the current valuation roll as having a rateable value of £21,500.
TENURE
Freehold/Heritable
Leasehold offers may be considered.
