Asking price: £270,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Situated on a local industrial estate, this comprises a very long established sheet metal/manufacturing business which is being offered for sale only as part of our Clients retirement plans. Established in 1929, the business has a long history in the supply of industrial lighting to the maritime industry. The business also manufactures a variety of other products. The unit could be used for a number of alternative light industrial uses.

The Property:
The property comprises Light Industrial premises as follows: Ground floor approx 2,500 sq.ft.. Mezzanine approx 1,000 sq.ft.

The Location:
On a large industrial estate, surrounded by other industrial units at Southend On Sea Essex.

The Business:
The business was established in 1929, and as such, one of the oldest of its kind! The core business is the supply of lighting to the maritime industry, although a variety of other products are manufactured within the metalwork industry. The business specialises in bar and pub equipment, bolts, clips, and brackets for the building trade, lights for ships, fabrication in stainless steel, aluminium, brass, copper and plastics.

Turnover:
The turvover of the business for 2010 was some £75/80,000.

Business Rates:
The property is listed in the 2010 Rateing List as Workshop and Premises with a Rateable Value of £6,800.

Agents Notes:
The existing owner would be willing to offer his services on a consultancy basis to any purchaser.

Property: Freehold