Manufacturer Of Fishing Creels For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this highly regarded manufacturing business based in Wales. Our client has an enviable reputation in the industry for its quality of design and manufacture of lobster pots and creels. All creels are manufactured in full MIG welded steel and are available finished with a heavy-duty galvanised and plastic coating for long life in tough conditions. The business has a wide range of pots with models to suit almost every type of fishing methos including lobster, crabs, velvet and spider crabs, prawn, eel, langoustine, Dublin Bay prawn and shrimp. Currently, turnover is in excess of £200,000 annually and steadily increasing due to the huge demand in this sector. In addition, the business also has a smaller operation manufacturing steel sack trucks, predominantly for the DIY trade. Due to the nature of the product, theoretically the business could be relocated anywhere in the UK or Europe. Demand is particularly high in this industry and potential turnover is anticipated to be in excess of £300,000. This is a thriving, well-established business with low overheads in a unique market. Early discussions must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold.
Original length: 3 years.
Remaining length: 2½ years.
Review every: 3 years.
Rent: £7,000 per annum.

Living accommodation:

Property Details Spacious, well equipped factory premises of approximately 3,000 square feet. Briefly comprising: Ground Floor • Manufacturing department. • Rigging department. • Quality control. • Stores and dispatch. Mezzanine Level • Office. • Additional storage area. External • Car parking.

Location:

Manufacturer of fishing creels located within spacious factory premises in Wales. Its highly accessible location allows the business to manufacture and distribute readily throught the UK, Eire and Europe.

Other information

Trading hours:

Mon - Fri: 9.00am - 5.00pm.

Contact the seller