Leasehold Plumbers Business For Sale

Business description

Bag a Business is delighted to offer to the market this well established and successful plumbing business. Frank Webb Plumbers has been established for over 90 years and was purchased by the present directors in 1962. It is only now being offered to the market due to our client's wish to retire. Frank Webb Plumbing has an enviable reputation within the area of Nottingham for its reliability and quality, offering its customers a full and comprehensive service. The business benefits from an established website at www.frankwebb.co.uk and a vast list of clients with many Blue Chip companies, including the borough council, county council, Nottingham University and hospital to name a few. The company employs 8 plumbers plus administration and management staff, all of whom contribute to the company's excellent turnover of £820,000 per annum with a gross profit of 37%. Frank Webb Plumbers currently enjoys a high degree of repeat installation and repair contracts, with a typical value of up to £80,000, making this an ideal acquisition for a new owner or company looking to move into the City of Nottingham, benefiting from an established reputation and turnover. There are currently seven vans on the road used by the plumbing staff. There is immense scope for continued growth in the company as the name of Frank Webb Plumbers Ltd is well known throughout the Midlands and has an enviable reputation for good quality and promptness in the work undertaken. The two directors are prepared to give time and attention to a new owner, to enable a smooth takeover, perhaps one or two days a week if required.

Property information

Property:

Leasehold

Lease terms:

Leasehold
New 10 year lease available
Review every: 5 years
Rent: To be agreed:

Living accommodation:

PROPERTY DETAILS Two storey, brick-built industrial and office building, briefly comprising: GROUND FLOOR Front entrance leading to - Reception area and office Ladies and gents W/Cs Further office space Open plan workshop and storage area Doors leading to rear and side yards FIRST FLOOR Landing 3 offices W/C Kitchen EXTERNAL Car parking to the front for approximately 10 cars Steel, lockable gates leading to rear and side yards

Location:

Frank Webb Plumbers is ideally located, in a prime trading position, in the heart of the busy and thriving City of Nottingham. The City of Nottingham is currently enjoying large amounts of investment and is fast growing into one of the most sought after cities in the Midlands. The area boasts good schools, universities and hospitals, as well as excellent leisure facilities and evening entertainment for all ages to enjoy, including bars, restaurants and the theatre. Nottingham has strong road links via the M1 motorway and the A60 trunk road.

Other information

Trading hours:

To suit the needs of the business