Leasehold Industrial Fasteners Distributors Business For Sale

Business description

We have been instructed to offer for sale this well established business.

Established over 13 years ago and in the current vendor’s ownership since 2004, it is now reluctantly offered for sale due to the vendors other increasing business commitments.

The business supplies industrial fasteners and fixings to predominantly quarry and quarry machine manufacturing, with a high percentage of repeat orders on a regular basis.

The business operates from an approximate 2,500 sq ft unit with office and storage areas.

The equipment includes:
• Forklift truck
• Industrial racking throughout the storage area
• Computers, fax and telephones

Stock is currently in the region of £40,000.

The vendor will assist in a hand over period of one month or longer if required.

ref:8632NG

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 3 years
Remaining lease: 2.5 years
Review every: 3 years
Rent: £9,958 PA

We are advised that the annual business rates are currently: £2100

Living accommodation:

BUSINESS PREMISES An approximate 2,500sq ft industrial unit benefiting from the added security of an alarm system and consisting of: Ground Floor - Single door entrance leading to reception and trade counter - 2 offices leading from reception area, fully equipped with computers and office furniture - Main warehouse storage area to the rear of the trade counter, industrial racking throughout - Kitchen area - W/c - Fire exit to rear - Roller shutter to front - Mezzanine floor for storage of boxes External - Parking for 4 vehicles to the front of premises

Location:

Our client is ideally located on an industrial unit with the surrounding area a mixture of commercial and residential properties.

There are good parking facilities for four vehicles to the front of the unit with further parking facilities available in the area.

There are excellent transport links.

Other information

Expansion potential:

EXPANSION POTENTIAL
There is plenty of potential to expand at present.

With no advertising or sales consultants the business has relied on repeat orders, but the demand for the product remains buoyant.

Investment in advertising and sales representatives will reap further rewards.

In addition, the trade counter can be further developed to attract local companies requiring these products.

Trading hours:

Mon – Fri: 8.30am – 5pm

Financing available:

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

Related documents:

• 
• Sales paticulars