Established Freehold Engineering & Metalwork Company For Sale

Business description

Summary:
Located on a local industrial estate based in South East Essex this well established freehold sheet metal/manufacturing company has come to the market for the most genuine reasons, retirement. Established in 1929 this business has a long history in this industry. They supply industrial lighting to the maritime industry. they also manufacture other diverse products. The business has undoubted potential and this business would suit an entrepreneur in this industry or a company that wishes to either relocate or expand.

Turnover:
The business turned over £54,904 in 2005, however the turnover has been as high as 103,000 in recent years. The potential to expand both the range of lighting offered and other diverse products exists.

Agents Notes:
The existing owner would be willing to offer his services on a consultancy basis to any prospective buyer. The business does require some investment in both time and money to modernise the company. We would therefore recommend an early viewing for potential purchasers who wish to either expand their existing operation or but into an industry that they are already involved in.

Property information

Property:

Freehold

Lease terms:

Freehold factory of 2,500 sq ft (unmeasured) with a 1,000 sq ft mezzanine. The unit is in a terraced position with pitched roof.

Contact the seller