Leasehold Glass Engraving Business For Sale

Business description

We are delighted to offer for sale Grattan Partners, this highly regarded business was re-established, on the Isle of Wight, by our clients in 1977. The business operates at the top end of the market and supplies quality glassware and pewter commissioned for any event or company or organisation. They have a very diverse and wide spread database of long standing clients, who have been repeat customers for over 25 years. These include yacht clubs, golf clubs, rotary clubs, societies and associations, as well as blue chip and highly prestigious companies throughout the UK and overseas. Grattan Partners also have a vast collection of artwork available. The business has been run at a pace to suit our clients, who now wish to retire, offering new owners a tremendous opportunity as this business has rapid expansion possibilities through internet sales (a website is currently under construction), and from proactive marketing. Turnover is projected to be £40,000 for 07/08 returning a 63% gross profit margin, working a 4-5 days a week on office hours. This is an exceptional opportunity to acquire a business which is ripe for major expansion and therefore early viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Ongoing lease
Rent: £3,120 per annum

Living accommodation:

PROPERTY DETAILS A single storey, light industrial unit set within a small business park with ample parking. GROUND FLOOR Front reception and showroom area through to office with Dell computer, HP printer and scanner Main workshop with: Blasting cabinet, compressor, film exposure box, film washing unit,film drier unit and storage racks for stock Mezzanine floor - half depth of the unit, used for presentation box storage and packaging materials etc. EXTERNAL Ample parking facilities

Location:

Grattan Partners occupies an ideal trading position within the Northwood Business Park in Cowes, on the Isle of Wight. The business park is just off the A3020 main link road between Cowes and Newport, giving easy access to all parts of the Island and to the ferry ports of Cowes, Yarmouth, Fishbourne and Ryde. The Isle of Wight is very sought after with its own micro climate, thriving commerce and tourism and is a mecca for watersports enthusiasts. The business is also completely relocatable anywhere on the south coast.

Other information

Trading hours:

Mon - Fri: 9.00am - 5.00pm