Light Industrial for sale

Turweston,NN13

£165,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

SUPERB FABRICATION & WELDING ENGINEERS - NORTHAMPTONSHIRE
Early interest and viewing is highly recommended
Equipment worth 50K included in the sale price
Advised annual turnover of 220,584
Well established business
Ideal bolt on opportunity
Confirmed future orders
LEASEHOLD


Location

This superb and well established fabrication and welding engineers is situated on a small industrial estate in Terweston which is a quarter of a mile outside of Brackley, Northhamptonshire. Northamptonshire. The market town of Brackley is set in attractive South Northamptonshire countryside, just off the A43 dual carriageway linking the M40 at Junction 10 Ardley with the M1 at Junction 15a Northampton. Ideally located for access to Banbury 7 miles, Bicester 9 miles, both with main line stations to London Marylebone and Birmingham; Oxford 20 miles, Milton Keynes 18 miles and Northampton 19 miles. Brackley has most everyday facilities including Waitrose, Tesco and Boots Stores; primary and secondary schools; Winchester House Private School; Doctor & Dental Surgeries; several public houses and Costa Coffee to name a few.

Business History

Meridian Business Sales are privileged to offer to the market this well respected and established fabrication and welding engineers which was set up by our client in 1977. The only reason that this superb concern is being offered to the market is due to our client wish for semi-retirement. During our clients ownership he has continually invested in new machinery along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Our client informs us that the annual turnover for the business is 220,584.The welding equates to 80% of its turnover and the remaining 20% is from the fabrication work. The business benefits from lots of repeat business with future orders already confirmed. The business is owner operated and employs 3 full time and 2 part time members of staff. We believe that there is still potential to increase turnover by pushing the fabrication work more. Our client is prepared to stay on to hand over the business or even work for the new purchaser. Early viewing is highly recommended as this business cannot be missed.


Financial Profile

Turnover: 220,584pa
Stock approximately: 8,000


Tenure

Leasehold
Six year lease
Review: Every 3 years
Rent: 1,178.66pm


Opening Hours

Monday: 7:30am - 5:00pm
Tuesday: 7:30am - 5:00pm
Wednesday: 7:30am - 5:00pm
Thursday: 7:30am - 5:00pm
Friday: 7:30am - 2:00pm
Saturday: Closed
Sunday: Closed


Accommodation

Leased lock up workshop situated on outskirts of Brackley, briefly comprising;

GROUND FLOOR

Workshop with racking for steel storage and fully equipped shop floor with equipment inventory to the sum of 50k

Toilet and wash basin

Office

Staffroom with seating and lockers

First floor mezzanine

Store room with racking

EXTERNAL

Secure car park with locking gates and space for 7 vehicles
CCTV monitoring 24/7

Nearest station

  • Kings Sutton (6.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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

Nearest station

  • Kings Sutton (6.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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.

Disclaimer - Property reference 2838. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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