Packaging Materials Equipment Suppliers For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established supplier of packaging materials and equipment.

Established some 13 years ago by the vendor, the business is now reluctantly offered to the market due to the vendor’s retirement plans.

Our client supplies many blue chip companies including Glaxo Smith Kline and offers niche products into that expanding market.

The business is highly profitable and to obtain the maximum benefit would ideally be purchased by someone with knowledge of the packaging industry or integrated within an existing supplier to the market.

If the latter was the case, the saving on duplicated overheads would produce considerable savings.

Our client supplies:
• Pallet covers
• Polythene bags and film
• Cardboard boxes
• Tape banding machines
• Production polyprop film (cut to size)

The business also offers to carry out contract packaging.

ref:8436MK

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 6 years
Remaining lease: new lease to be offered
Review every: 3 years
Rent: £6000 per annum

We are advised that the annual business rates are currently: £3400

Living accommodation:

The premises, which are purely for storage are in total approximately 2050 sq ft with 1250 sq ft on the ground floor and 800 sq ft on a first floor mezzanine. There is a ground floor office and w/c.

Location:

Our Client is located in the middle of a large industrial estate situated just outside Bedford.

The area has excellent road links via the A421 to the M1 and M25 motorways to London and to Luton, Gatwick and Heathrow airports.

Nearby towns include Bedford, Milton Keynes, Luton and Dunstable.

Other information

Trading hours:

Mon – Fri: 9.00am – 5.00pm

Financing available:

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

Related documents:

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