Master Locksmiths And Security Engineers For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established business with excellent further potential.

Established over 10 years and under its current ownership for 4 years, the business is now reluctantly offered for sale due to the vendor’s other business commitments.

Currently fully staffed and managed by two full time employees, the business offers a range of services and products including safes, locks, key cutting, door security furniture, window & door security bars and signage.

The product range offered is from such well known and respected brand names such as Squire, Chubb, Yale, Legge, Centurion and installation services are also offered with one of the employees a fully experienced locksmith.

The business occupies an attractive double frontage premises with no direct local competition and we are advised by the vendor that current stock at valuation is approximately £25,000. The premises were fully refurbished 3 years ago.
ref:8429WS

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original Term: 5 years
Term Remaining: 3 years
Rent reviews every; 5 years

Rent: £70 per week


We are advised that the annual business rates are currently: £800 per annum

Living accommodation:

BUSINESS PREMISES An attractive ground floor double frontage lock up premises with the added security of roller shutters, alarm and CCTV system and consisting of the following; Ground Floor - Glass display window frontage with central entrance door leading into; - Main sales area with counter servery and retail display wall racking throughout, carpeted with suspended ceiling. - Doorway leading to Store/workshop, Kitchen, W/C with doorway exiting to rear yard. - Door to rear of counter giving access to 2 offices. External - Paved to front. - Enclosed rear yard with gated access.

Location:

The business occupies a prime location on a main road in the central shopping area of Wednesbury. The surrounding area is densely populated and the business benefits from high levels of passing traffic and footfall. There are excellent parking facilities with free on street parking facilities adjacent to the premises.

Other information

Expansion potential:

The business has excellent potential for further growth including offering cutting & coding for vehicle immobiliser keys, engraving services and marketing and advertising to increase trade further.

Trading hours:

Mon-Sat: 9.00am – 5.00pm

Financing available:

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

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