Heavy Industrial for sale

Horndale Avenue, Newton Aycliffe, County Durham, DL5

£425,000

Property Description

Full description

FULLY EQUIPPED STEEL FABRICATION COMPANY - COUNTY DURHAM
Fixtures and fittings included in the sale price
Early viewing essential to fully appreciate
High amount of regular and repeat trade
Advised annual turnover of 1,200,000
Genuine reason for sale
Outstanding reputation
Walk in condition
LEASEHOLD


Business History
Meridian Business Sales are delighted to offer to the market this superb steel fabrication company which was established by our clients in 2010. The only reason this excellent business is being offered to the market is due to our clients desire to take a well deserved retirement.

Since the business was established our clients have built up a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade.

Our clients inform us that annual turnover currently runs at 1,200,000 which is derived from specialising in the fabricating and painting of structural steelwork. Our clients fabricate column and beam structures, portal frames, trusses, platforms, stairways, ladders and secondary steelwork.

Our clients have undertaken projects from all over the country, from West Lothian in the North, to East Sussex in the South. Some of the projects that our clients have undertaken include:

Battle of Britain Memorial Visitor Centre
Northern Design Centre
Tesco stores
Scrap Storage Building, Rotherham
Ventilation Stacks, The Gables

The business is very well presented throughout and is being sold with all fixtures and fittings included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent on modernising for many years.

Our clients have continually developed and improved the business introducing new lines and income streams which have enhanced the business massively and in particular shows in the year on year increase in turnover and profitability.

This is a fantastic opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this tremendous business is not to be missed.

Financial Profile
Turnover: 1,200,000pa

Tenure
We are advised Leasehold
Rent: 80,000pa

Opening Hours
7 days per week (depending on work load)

Accommodation
Well presented commercial property briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Large workshop area

Office

Store room

Business Equipment
Cranes with capacity to lift 12.5 tonnes

MIG welding equipment

Stud welding equipment

85 tonne steel worker

Horizontal bandsaw (The bandsaw can cut up to 60 degrees left and right and an cut 90 degrees up to 610 wide and 406 deep)

CNC drilling line which can drill up to 40mm diameter holes

Nearest stations

  • Newton Aycliffe (0.8 mi)
  • Heighington (1.1 mi)
  • Shildon (2.9 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 & Street View

Nearest stations

  • Newton Aycliffe (0.8 mi)
  • Heighington (1.1 mi)
  • Shildon (2.9 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 4340. 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.

Map data OpenStreetMap contributors.