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

Range of Boxed & Ex-Display Lighting & Accessories (Fast Sale)
UK Wide

Closing From 10am Monday 25 March 2019. Subscribe for more information and seller contact details.

Asking Price: Offers Invited
Turnover: £500k - £1m

Newsagents & Card Shop
Royton, Oldham, Manchester, UK Wide

Shopping precinct trading location. Spacious premises. Parking to rear. Mainly managed by staff. Offers invited.

Asking Price: £79,950
Turnover: £480,000

LEASEHOLD


Garage & MOT Station
Aughton, Sheffield, South Yorkshire, Yorkshire and the Humber, UK

Established Since 1990. Automated MOT Test Station completed with reliable and experienced staff. This is a retirement sale. Offers invited.

Asking Price: £359,950
Turnover: £358,198

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
18
 
Mar
 

Buyer sought for Leeds pub group | ADMINISTRATION

Administrators for pub group headquartered in Leeds are on t...

 
17
 
Mar
 

Tavistock places two North East pubs for sale | BUSINESS SALE

The Lambton Worm and The New Plough pubs in County Durham ha...

 
16
 
Mar
 

Construction mogul Dawnus braces itself for administration | ADMINISTRATION

Dawnus Construction, the property development giant based in...

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