Asking price: £50,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales are delighted to offer for sale this extremely well established business with excellent further potential.

Established over 50 years ago and under its current ownership for the last 36 years, the business has reluctantly been offered for sale due to the vendor’s imminent retirement plans.

Our client specialises in recycling scrap metal and industrial wiring.

To operate the business, a full environmental licence to accommodate 5,000 tonnes per annum is renewed each year.

All necessary equipment is in place to recycle industrial wires of all types and its waste in return is sold on to equestrian centres and horse arenas up and down the country.

The demand is such that enquiries for all types of recycling or waste transfer is regularly asked but due to the vendor’s personal circumstances, it would be difficult to take the burden of the additional waste.

The vast amount of yard space lends itself to accommodate a full scale recycling plant as well as skip hire.

The business is staffed solely by the vendor.

The environmental licence is renewed annually at a cost of £1062.00.
REF: 8945HD

Trading hours: Part time hours to suit requirement

Property: Leasehold

Lease terms
TENURE: Leasehold - Rented Original lease: 6 months Remaining lease: 6 months Review every: Rent: £2341 per annum, including car park We are advised that the annual business rates are currently: £336

Location
The business currently occupies a sizeable plot of land, which was formerly a quarry in Slaithwaite, near Huddersfield in West Yorkshire.

Expansion potential
EXPANSION POTENTIAL The potential to acquire such an amount of space lends itself and could attract and entice a number of businesses within the industry, this could include: • Recycling • Pallet distribution • Skip hire

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

Related documents

		sales particulars