Superb Fabrication & Welding Engineers In Northamptonshire For Sale

Business description

SUPERB FABRICATION & WELDING ENGINEERS - NORTHAMPTONSHIRE
Early interest and viewing is highly recommended
Equipment worth £50K included in the sale price
Set back just off the high street in Brackley
Advised annual turnover of £220,584
Well established business
Ideal bolt on opportunity
Confirmed future orders
LEASEHOLD


Business History

Meridian Business Sales are privileged to offer to the market this well respected and established fabrication and welding engineers which was set up by our client in 1977. The only reason that this superb concern is being offered to the market is due to our client wish for semi-retirement. During our clients ownership he has continually invested in new machinery along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Our client informs us that the annual turnover for the business is £220,584.The welding equates to 80% of its turnover and the remaining 20% is from the fabrication work. The business benefits from lots of repeat business with future orders already confirmed. The business is owner operated and employs 4 full time and 1 part time members of staff. We believe that there is still potential to increase turnover by pushing the fabrication work more. Our client is prepared to stay on to hand over the business or even work for the new purchaser. Early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 15 years
Remaining: 2 ½ years
Rent: £17,100pa

Location:

This superb and well established fabrication and welding engineers is situated just off the high street in Brackley, Northamptonshire. The market town of Brackley is set in attractive South Northamptonshire countryside, just off the A43 dual carriageway linking the M40 at Junction 10 Ardley with the M1 at Junction 15a Northampton. Ideally located for access to Banbury 7 miles, Bicester 9 miles, both with main line stations to London Marylebone and Birmingham; Oxford 20 miles, Milton Keynes 18 miles and Northampton 19 miles. Brackley has most everyday facilities including Waitrose, Tesco and Boots Stores; primary and secondary schools; Winchester House Private School; Doctor & Dental Surgeries; several public houses and Costa Coffee to name a few.

Premises details:

Leased lock up workshop situated just off the high street in Brackley, briefly comprising;

GROUND FLOOR

Workshop with racking for steel storage and fully equipped shop floor with equipment inventory to the sum of £50k

Toilet and wash basin

Office

Staffroom with seating and lockers

First floor mezzanine

Store room with racking

EXTERNAL

Secure car park with locking gates and space for 7 vehicles

Business Operation

Trading hours:

Monday: 7:30am - 5:00pm
Tuesday: 7:30am - 5:00pm
Wednesday: 7:30am - 5:00pm
Thursday: 7:30am - 5:00pm
Friday: 7:30am - 2:00pm
Saturday: Closed
Sunday: Closed