Leasehold Furniture Manufacturer For Sale

Business description

Advent Business Sales have been instructed to offer for sale this established and profitable business.

Established 9 years ago, it is now reluctantly offered fro sale due to the vendors; own personal commitments.

The business buys in the raw materials and manufactures and assembles fitted bedroom furniture on site.

The success of the operation has enabled a good growth in both profit and business.

The manufacturing operation benefits from a high retention of skilled staff and has further capacity to expand with the current workforce and space.

The manufacturing is set up fully equipped for its purpose and all the necessary machinery is included in the sale, as well as 2 delivery vehicles.

ref:8585B

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 5 years
Remaining lease: 1 year
Review every: 5 years
Rent: £17,000

We are advised that the annual business rates are currently: £4,530

Living accommodation:

BUSINESS PREMISES A large commercial premises approximately 10,000 sq ft briefly consisting of the following: Ground Floor - Large workshop with roller shutters at both ends - Office - W/C & staff area - Storage area. - Fully equipped manufacturing premises with an extensive range of tools and machinery External - Driveway from road leading to car park - Loading area - Outbuilding for further

Location:

The business currently operates from spacious commercial premises approximately 2 miles from Birmingham city centre.

There are excellent transport links with easy access into the city centre as well as the M6 motorway being in close proximity.

Other information

Expansion potential:

Whilst already a successful and profitable business, there is still potential for further growth by producing office furniture which would provide an ideal bolt on business.

The business could also advertise a wider geographical region to further increase sales.

Trading hours:

Mon – Sat: 9.00am – 5.00pm

Financing available:

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

Related documents:

• Sales paticulars

Contact the seller