Sold Exeter Freehold Commercial Vehicle Recovery / Repair Business

Hudson & Co sell businesses, and report the recent sale of a freehold property and a long established commercial vehicle repair and recovery business in Exeter. FK Commercials, who are located near Pocombe Bridge, have operated for many years, and occupy a very useful freehold site comprising a large area of yard, two substantial workshops with adjoining stores and offices.   Acting for clients who were advised by David Pugh Accountants, Hudson & Co provided initial advice on the value of both the business and the property, and prior to marketing submitted a planning application for an established use certificate as the site had been used since the 1970’s without a formal consent.

Marketing was conducted on the usual low key confidential basis, and it didn’t take long before an appropriate interested party came forward to buy the both the business and property assets.

Hudson & Co comment that it is always difficult to maintain 100% confidentiality when marketing a business, particularly in a challenging market environment.  In the case of FK, viewings and negotiations were pursued confidentially without causing any anxiety to the client-base or staff, and a seamless sale was achieved.  Opportunities to acquire freehold commercial property in and around Exeter, particularly where they offer a yard and the land that is available at FK, are in very short supply. The purchasers  are delighted with their purchase.

FK can be contacted on 01392 811479

and

David Pugh Accountants on 07979241029 www.davidpughaccountant.co.uk