Haulage company to sell site following restructure

Thu, 24 Aug 2017 | COMMERCIAL PROPERTY

A Suffolk haulage company has released its former premises, including a yard and several other buildings, for sale following a large-scale restructuring of its business last year.

Derek Cooper Transport, which was founded in 1950, is set to sell the parcel of land as it considers how to change the focus of the business for years to come.

The site covers more than 2.65 acres and is located in Risby, approximately five miles west of Bury St Edmunds and next to the A14. Included on the land are two modern warehouses covering 12,000 square feet, a fitted vehicle workshop, a two-storey office building and a large yard with packing area.

Auctioneering firm Cheffins is marketing the plot and handling its sale.

Philip Woolner, Cheffins’ managing partner, said he expected the sale to attract a lot of attention from local businesses, particularly “logistics specialists and warehouse operators”.

He added: “East Anglia is becoming an increasingly important logistical hub and we are seeing increased enquiries for warehousing and industrial units and with average prices at the site around £5.80 per square foot, this represents good value within this fluid market."

The Cheffins Machinery team will also be holding an auction on the property on 30 September in order to find new homes for founder Derek Cooper’s vintage machinery collection.

Cooper passed away in 2010 at the age of 80.

He founded Derek Cooper Transport in 1950 and together with his wife Vera built up the business at Red Lodge, a location chosen to capitalise on work from new airbases built at Mildenhall, Lakenheath and Stradishall.

At its peak, Derek Cooper Transport employed more than 300 staff and had a fleet of 168 lorries across seven depots as far afield as Nottinghamshire and Oxfordshire.

Search the Other category for properties for sale
Subscribe to Business Sale Report here


Share this article



Latest Businesses for Sale

Pharmacy
Cambridgeshire, UK Wide

Long established community pharmacy. First time on the market in 30 years. Now occupying exemplary new purpose built accommodation. Standard hours. Offers invited.

Asking Price: Offers Invited
Turnover: £885,000

LEASEHOLD


Creative Consultancy & Interior Design Solutions
UK Wide

Works closely with clients to produce interior design solutions for educational institutions, which could be marketed to more sectors.Additionally offers an array of creative media, including videos,presentations, websites, branding and full direct m...

Asking Price: Offers Invited
Turnover: £873,000

RELOCATABLE


Health Centre Pharmacy
Devon, UK Wide

Unopposed health centre pharmacy. Semi-rural location. In receipt of Pharmacy Access Scheme payments. Offers invited.

Asking Price: Offers Invited
Turnover: £845,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
23
 
Jan
 

MBO at Bristol-based media training firm | MBO/MBI

Mentor Media Training has been acquired by lead consultant D...

 
22
 
Jan
 

Chelmsford warehouse management firm bought by software provider | BUSINESS SALE

Chelmsford-based warehouse management solutions provider Min...

 
21
 
Jan
 

MBO at Newcastle market research company | MBO/MBI

Newcastle-based market research company Explain Market Resea...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources