Trade Counter for sale

County Durham

Offers in Region of £1,000,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: B1 Business and B2 General Industrial

Key features

  • Established business
  • 350K of plant included
  • Ideal bolt on for an existing National Plant & Tool Hire operator
  • Freehold available
  • Profitable

Full description

Tenure: Leasehold

Veritas Business Sales are delighted to offer for sale this respected Plant & Tool Hire business that has been established since 1983 by it's current owners and is only now being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in new plant and machinery along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is family operated and requires the help of 6 highly experienced full time members of staff. They serve a wide range of customers from the DIY enthusiast to blue chip companies, National contractors and SME's. They are well established in the engineering sector and other sectors include, petrochemical, offshore oil & gas, mechanical engineering, heating & ventilation and the shipping industry, industrial, construction and home equipment. The team are fully trained to manufacturers specifications and hold the CCNSG Safety Passport which is a nationally recognised industrial safety standard and quality is further assured through ISO 9001. The 2016 accounts show an annual turnover of 655,438 with a GP of 365,992 and returns a very healthy adjusted net profit of 290K. We believe that there is further potential to expand upon what is already a thriving business by investing in larger access, pressure testing and lifting equipment. Some of their existing clients require plant hire on a National level which they currently cannot accommodate so this would be an ideal acquisition for a National plant hire company to service their needs. It would also be fair to say that the website could also be adapted to have an online shop to bolster income. The business enjoys a really strong reputation within the local community and beyond for service, reliability and value for money and as such has a high level of regular and repeat trade going back many years. This is a superb opportunity to purchase an established and highly profitable business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday - Friday - 7.30am - 5.00pm
Saturday - 8.00am - Midday

Ground Floor
Office/showroom
Mess room
Store room
W/C
W/C

Top workshop/stores
Stores container
Gas compound

Bottom Equipment stores
Workshop
First floor mezzanine

External

Grass area
Outside storage area
Customer parking for (7)
Staff parking for (5)


Nearest stations

  • Thornaby (1.0 mi)
  • Stockton (1.6 mi)
  • Eaglescliffe (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Thornaby (1.0 mi)
  • Stockton (1.6 mi)
  • Eaglescliffe (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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