• Listing ID: 1164324
  • (Seller ref: OT1967)

Rainham Essex Diesel Engine Rebuilders For Sale


Location:
Category:
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Asking price:
£125,000
Sales revenue:
£500,000
Cash flow:
Available on request

1/1


Established by our Client in 2009, and comprising an engineering business of some repute, specialising in the rebuilding of Diesel engines. The business boasts quality and efficiency, generated by a team of highly skilled engineers, mechanics and machinists. Quality exchange remanufactured engines are offered with a 12,000 mile/6 month warranty, on a exchange basis.


Property:
Leasehold
Lease terms:
Our Client advises us that the landlords are willing to grant 2 year leases of each unit at a combined rent of £21,600 per annum.
Leasehold rent:
£21,600 per annum
Living accommodation:
There are a number of rooms aboce both units providing staff accommodation.
Location:
Ideally located close to the A13 linking Essex to London.
Premises details:
Unit 1: In a total of approx 6,000 sq.ft. Light industrial premises with high apex roof and concreted floor. To the right hand flank is a modular Office suite with rear kitchen and access to WC’s. Above this are 2 rooms used for staff accommodation. The majority of the ground floor is given over to the core business of re-fitting rebuilt diesel engines to mostly commercial vehicles. There are 5 (4 ton) hydraulic lifts, and to the rear, an area set aside for the mechanics with a variety of equipment and tools. Above this, and accessed via a metal staircase, is a mezzanine floor, which is racked for the holding of numerous components and spare parts. Trap floor with hoist for the lifting and dropping of heavy units.

Unit 2: In a total of approx 3,000 sq.ft. Front hallway with Office and WC block to right and left hand elevations respectively. Access from the hallway to the main workshop, which is dedicated to the rebuilding of engines, and represents ‘the heartbeat of the business’. Fitted with an extensive inventory of equipment and “tools of the trade”. To the rear are roller shutters, which provide access to the rear yard and hardstanding. This area stores the completed engine units, and also provides access to:

A secondary workshop in some 250 sq.ft. fitted with lathes and other equipment, tools and stock.

The 1st floor above the principal unit comprises staff living quarters with 5 rooms, toilet, bathroom and domestic kitchen.

Between the 2 units, there are a total of 18 spaces for parked vehicles.
Size in square feet:
9,000

Furniture / Fixtures value:
£80,000

For more information about this business for sale, click the Contact Seller button.


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