This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Trade Counter for sale

Chainbridge Road, Newcastle Upon Tyne, NE21

£120,000

Property Description

Commercial information

  • Business for sale

Key features

  • REF: 2959
  • LEASEHOLD
  • BUILDING SUPPLIES
  • RECLAMATION SUPPLIERS

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well established and busy builders merchant and reclamation supplies business, which is ideally located within the town of Blaydon, Tyne & Wear.

The business was established by our client in 2010 and is only now being offered to the market due to our client's desire for a well-deserved retirement. The business currently operates 5 days per week and generates a turnover in the region of 182,000 per annum, with a gross profit of approximately 29%.

Our client offers a wide variety of building supplies including new bricks, reclaimed bricks, building stone, flooring, granite setts/kirbs, paving stones and roofing slates, to name a few. The business is set within a large open air plot, covering approximately one acre, to the rear of an industrial estate.

The business has built up an excellent reputation within the area for the high quality of the goods and service offered, which has resulted in a loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering weekend trading. A new owner could also embark on a modest marketing campaign to highlight the goods and services offered. The business already has a very informative website in place at www.reclaimed.uk.net, which we feel would benefit from online ordering facilities.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.


LOCATION
N. E. Reclamation Supplies Ltd occupies a substantial plot of land, approximately one acre at the rear of an industrial estate within the town of Blaydon, Tyne & Wear. The business is surrounded by complimentary businesses and benefits a good amount of footfall and passing trade. The business further benefits from good car parking facilities within the immediate vicinity.

Blaydon is a town in the North East of England in the Metropolitan Borough of Gateshead. According to the 2011 census, the town had a residential population of 13,896. The town underwent a significant programme of housing regeneration between 2009 and 2014. Blaydon is a popular place in which to live and work, due to its close proximity to Newcastle upon Tyne and Sunderland.

The area is served by the public transport system, with bus stops within easy walking distance. Blaydon railway station is approximately 1 mile away. The area is also well served by the A-roads, with the business very close to the A1, which links to the national A-road and motorway networks. Newcastle is approximately 6 miles away and Sunderland is 17 miles away.

PREMISES
Substantial builders merchant yard, briefly comprising:

Large amount of space for storage of products.
Office unit.
2 x storage containers.
Garage.
Some products are sheltered by an overhead bypass road.

Equipment:

Pick-up truck.
Fork lift.
Stone cutter.
Generators.
General tools and equipment.
Office equipment and furniture.

The yard has good security as it is accessed through other businesses secure yards with perimeter fencing throughout the site.

TENURE
We are advised Leasehold:

Rolling lease
Rent: 724 per month, which includes VAT and public liability insurance.

HOURS
The business is open:

Monday - Friday: 7.30am - 3.00pm
Saturday - Sunday: Closed

STAFF
The business is owner run and managed with part-time casual staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 182,000 per annum, with a gross profit of approximately 29%.



Map & Street View

Disclaimer - Property reference 2959. 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 Hilton Smythe, 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.