Freehold Security Supplier & Manufacturer For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established and extremely reputable business.

Established since 1956 and in the hands of the current vendor since 1980, it is now reluctantly offered for sale due to the vendor’s retirement plans.

The business is staffed by the vendor’s with two full time employees, one administration and one on general duty.

Our clients are suppliers of retail security products, such as Exit door alarms, Loop alarm equipment and a range of detectors.

In addition a range of products such as security mirrors, key cabinets, drug safes and till security is also supplied.

The business has built up healthy relationships with numerous corporate and blue chips clients, whom are supplied on a regular basis.

The business has a healthy forward order book, normally consisting of about £20,000 for the following month.

All work is generated by repeat work orders, no advertising is done currently.

The premises itself occupies a large corner position, over two floors, with a range of storage area and office space.

A Leasehold option is available, which would only include part of the building, whereas the freehold option would provide sufficient space and parts of the business could be rented out to generate more income.

ref:8603NG

Property information

Property:

Leasehold

Lease terms:

Leasehold option with new lease and rent to be negotiated.

Living accommodation:

BUSINESS PREMISES: Two story premises fully double glazed with added security of CCTV and fully alarmed with security grills consisting of: Ground floor - Entrance - Offices - Storeroom and warehouses - Two WC & two WC - Kitchen - Further storage areas - Rear access to small yard - Further storage area in basement - Stairs to first floor First floor - Further office and storage area Currently unused

Location:

The business is ideally located and is approximately one and a half miles from Nottingham city centre.
The surrounding area is predominantly a densely populated residential area, with some commercial units.
There are excellent parking facilities, with ample parks to the front and side of the premises.

Other information

Expansion potential:

There is plenty of space and potential to increase turnover by advertising more, creating a web site and possibly employ a sales consultant to seek new businesses.

Trading hours:

Mon – Fri: 8.00am – 4.00pm.

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars