Well Established Freehold Steel Product Manufacturer For Sale

Business description

Established in the 1950's and under the current ownership for more than 20 years. Located close to the Town Centre, only a short walk to the shopping area and seafront. Manufacturers of almost anything metal, including railings, gates, staircases, sheet metal extraction unit etc etc. The vast majority of the work undertaken is by way of repeat business from a database of existing Clients. The business is a 'preferred supplier' by the local council, Housing Association, and Cory. A liveried Ford Ranger pick-up truck, used for deliveries, is included in the asking price.

Turnover:
For the most recent year, this was approx £140,000.

Rates:
The 2010 Rateing valuation refers to the premises as Workshop & Premises with a value of £4,250.

Equipment:
Full complement of equipment to include: 8ft manual operating folder, 100inch direct drive power guillotine, 4ft roller, 50inch guillotine, 50inch box folder, Welder with welding equipment, Fly press, Circular power saw for metal cutting, 2 x spot welders, drills and a Circle cutter.

Reason for Sale:
The Vendors would like to retire

Legal Fees:
Vendor and purchasers to meet their own legal costs.

Property information

Property:

Freehold

Location:

Property:
A detached property, built around 1892, and originally used for stabling. Two security roller shutters each side of a central entrance. The ground floor offers approx 1,050 sq.ft. providing open plan work shop space in 4 distinct areas. Stairway leading up to a kitchenette/staff room and Office, and a door leading to a WC with hand wash basin, all in approx 428 sq.ft.

Location:
The property is situated in a predominantly residential area, only a short walk from the Town Centre and Seafront.

Other information

Trading hours:

7am until 5pm Monday to Friday