Well Equipped Light Engineering Company For Sale

Business description

The Business Partnership is pleased to offer for sale this Light Engineering Company located in Gloucestershire.Operating since 1989 and recently awarded ISO 9001, this well-equipped company machines components for a wide range of end-users. The company works in ferrous, non ferrous and plastics, producing high specification components.
There is considerable scope to expand the business, particularly into aerospace applications. Increased production will flow through to the bottom line as the equipment is currently under-utilised. The production area occupies around 3,600 square feet, including an office/reception area. The business could be relocated if required in the Gloucester/Cheltenham area.

Description:
Light engineering machine shop.

Training Provided:
A hand-over period will be agreed.

Property information

Property:

Leasehold

Lease terms:

Previous lease for 7 years now expired. No problem is anticipated in renewing the lease on similar terms. Rent £13,500 p.a. rates £5,500 p.a.

Location:

Small trading estate

Business Operation

Expansion potential:

Following award of ISO 9001, there are a number of potential opportunities identified in the aerospace industry.

Reasons for selling:

Retirement

Employees:

1 including working owner

Years established:

17 years