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
Long established community pharmacy. First time on the market in 30 years. Now occupying exemplary new purpose built accommodation. Standard hours. Offers invited.
LEASEHOLD
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...
RELOCATABLE
Unopposed health centre pharmacy. Semi-rural location. In receipt of Pharmacy Access Scheme payments. Offers invited.
LEASEHOLD
|
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...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources