Freehold Shotblasting and Painting Business For Sale

Business description

Bag a Business Ltd is pleased to offer to the market this shotblasting and painting business, which was founded by our client some 25 years ago and is now being offered for sale due to his wish to retire. G & N Shotblasting undertakes work for a variety of other companies, including steel stockholders, fabricators and manufacturers. The work involves the preparation, shotblasting and painting of steel products. The business is currently run by 2 managers and 3 members of staff. There are a number of ongoing contracts with some 331 customers on the books. There is scope to develop this highly profitable business further. In addition, there would be potential to relocate the business and develop the yard. Planning permission for 5 factory units has been applied for. This represents an excellent opportunity to acquire a highly profitable business, with capable staff, established contracts, and within freehold premises with potential for development.

Property information

Property:

Freehold

Lease terms:

Advised Freehold

Living accommodation:

Property Details Large freehold factory unit of approximately 6,000 sq ft within a large yard totalling approximately 1 acre, briefly comprising: Ground Floor • Lobby • Canteen • 2 W/Cs First Floor • 2 offices Equipment • 2 large industrial shotblasters • 3 fork lift trucks • 1 dumper • 1 Hymac extractor • 1 compressor • 1 overhead crane • 1 portable shotblaster • 1 spray booth • Large quantity of sundry equipment External • Large yard offering storage for plant and equipment

Location:

G & N Shotblasting is located in Drayton Fields Industrial Estate in Daventry, Northamptonshire. It occupies a large site of approximately 1 acre, to the rear of the estate, and there is a factory unit of some 6,000 square foot, plus office accommodation and large yard. There is a mix of medium and light industrial use. Daventry district is a large area totalling some 256 square miles, in the south west of Northamptonshire. It is located centrally in England with Rugby to the west, Market Harborough to the north and Northampton to the south east. Daventry is a market, shopping and administrative town and is the area's main employment centre. The area is rich in history and is associated with the gunpowder plot and the civil war. The district boasts a central location and excellent road links to London and the South East, the Midlands, the North West, Yorkshire and the North East. The M1 motorway is accessed via Hayford and junction 18, while the M40 and the M6/M1 junction are within easy reach. The Euston/Glasgow electrified
railway passes through the town providing access via Long Buckley station to Northampton, Milton Keynes, London, Rugby, Coventry and Birmingham and connecting services to the South Coast. Daventry International Freight Terminal (DRIFT) is the largest and most successful UK operation of its kind and is located near Crich at junction 18, providing freight access to Europe and beyond.