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James Lee Print ServicesDurban Road,Kettering,NN16

179 sq. m. | £179,950

Property Description

Commercial information

  • Business for sale
  • 1,926 sq ft (179 sq m)

Key features

  • REF: 2903
  • FREEHOLD/LEASEHOLD
  • LEASEHOLD OPTION 87,000 +SAV
  • PRINTERS

Full description

Tenure: Freehold

LOCATION
James Lee Print Services is located in Kettering, Northamptonshire.

The business is situated in a highly populated residential area. There are several independent businesses dotted around such as convenience stores and an electrical appliance store. The town is well known for its boot and shoe manufacturing and just up the road from the business is a leather manufacturer. Surrounding the area is a great range of business each within walking distance.

The business is located just a short drive away for Kettering town centre which is approximately a 5 minute drive. There are many regular bus routes on the main roads that surround the business, these run into Kettering town and also Corby. The town has a growing commuter population due to the fantastic railway lines. In the centre of town is Kettering North Railway which has fast Intercity trains that head directly into London.

There is a high amount of passing trade in the area due to the business being set close to a main cut through. The A4300, runs from the A43 through Weekley and Kettering to the A14.

BUSINESS
Hilton Smythe is delighted to welcome to the market James Lee Print Services. The business was originally established in 1987 by our client, who is now looking to sell the business due to the desire to take a well-deserved retirement.

Over the years the business has been able to increase services on offer. The business runs as a general printers but also offers other services such as-
Binding
Call off and storage
Collating
Contract printing
Cutting
Design
Digital colour copying
Folding
Multi-colour printing
Numbering
Perforating
Plate making
Stich/Trimming
Thermography
Laminating
Free delivery service

The current turnover for the business is an advised 57,800 with a gross profit of 63%. We believe this could be increased massively with some advertising. The business currently has no advertising but does have a website www.jameslee.co.uk. With a small marketing campaign to businesses in and around Kettering, there could be a large increase in sales.

This business is available as a freehold or leasehold. The leasehold price would be an advised 87,000.

The business is currently run at a steady pace by our client and we feel the printers would highly benefit from a new owner with some experience. Our client would be willing to offer a hand over period to make sure the transition is smooth.

The website promotes products and services they offer. One of the promotions available is a business starter pack for 250 + VAT, this includes 200 business cards, 1000 letter heads, 500 compliment slips and 100 invoices. This is a fantastic popular promotion, which could be advertised more on social media sites such as Facebook and Twitter.

This is a brilliant long established business that has a great reputation for its quality of product and service provided. Our client has received 2 offers from local builders, however our client feels the business is worth a lot more and would love to see the business flourish further with a new owner. Hilton Smythe highly advise early viewing to avoid disappointment.
PREMISES
The premise is well signed and based across one floor. The property is approximately 1900 square foot, and has a drive to the side.

Inside there is a reception area with a seating area for customers. There is an accounts office with a desk, seating and shelving.

To the rear of the premise is the digital print room which has 3 digital printing machines.

The main office has desks, seating, a digital printer and pc.

There is a kitchen area and toilet for staff near to the office. The workshop is fully equipped, there is an equipment list available on request.

The premise is secured with a monitored alarm system.


TENURE
We are advised the business is freehold.
There is also a leasehold option available for 87,000.
HOURS
The business is open:

Monday - Friday: 7:30am - 5:30pm
Saturday: 9am - 12pm
Sunday: Closed

STAFF
The business is run and managed by our client.

FINANCIAL PROFILE
The business generates a turnover in the region of 57,800 per annum
With a gross profit of around 63%

Map & Street View

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