Light Industrial for sale

NN13

262 sq. m. | £167,000

Property Description

Commercial information

  • Business for sale
  • 2,820 sq ft (262 sq m)

Key features

  • REF: 3078
  • LEASEHOLD
  • WELDING BUSINESS

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy engineering and welding business in Turweston, near Brackley, Northamptonshire.

The business was established by our client in 1977 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 276,200 per annum, with a gross profit of approximately 41%.

Our client offers a variety of welding services including sheet metal work, with expertise in aluminium, mild steel, stainless steel and cast iron, using methods such as MIG welding, TIG welding and Brazing. The business is CAA registered licence holders and provide sheet metal work. Our client has a team of dedicated and highly experienced and adaptable welders that offer numerous skilled services.

The business has built up an enviable reputation within the area and further afield, which has resulted in a very 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. A new owner could also embark on a modest marketing campaign to promote the excellent services offered. There is already an excellent website in place to promote the business at www.allweldengineering.com.

This is an excellent opportunity for a new owner to take this already thriving business to the next level, or it would be a prime bolt-on to an existing business; therefore early viewing must come highly recommended to avoid disappointment.


LOCATION
Allweld Engineering Ltd occupies substantial ground floor lock-up premises, ideally located within an industrial unit in Turweston, near Brackley, Northamptonshire. The business is situated on a small industrial estate and is surrounded by complimentary businesses and benefits from a good volume of passing trade. The business further benefits from good parking facilities to the front of the premises.

Turweston is a small village on the outskirts of Brackley. According to the 2011 census, the village had a residential population of approximately 211. Brackley is the nearest town and the centre is approximately one mile away. The town is near the Silverstone motor racing circuit, and has some industry related to Formula One racing.

The area of the business is served by the public transport system, with bus stops within walking distance of the property. The nearest railway station is Kings Sutton, which is approximately 7 miles away. The area is also well served by the A-roads, with the both the A43 and A22 being within easy driving distance, which links to the national A-road and motorway networks.

PREMISES
Substantial ground floor industrial unit in a prime trading location, briefly comprising:

2,500 sq. foot well-equipped workshop with a fully ducted extraction system, which is leased.
Racking and shelving for storage.
WC with wash hand basin.
Office with desks and seating.
Staff room with seating and lockers.
Mezzanine floor, currently used for storage.

Equipment included:

7.5 tonne curtain sided lorry.

A full list of equipment is to be supplied.

External:

Direct parking for up to 7 vehicles and an overspill car park.
Storage container.
Fully secured site with new CCTV system.

TENURE
We are advised Leasehold:

Original lease length: 6 years
Remaining lease length: 3 years
Review every: 3 years
Rent: 12,000 per annum

HOURS
The business is open:

Monday: Thursday: 7.30am - 5.00pm
Friday: 7.30am - 2.00pm
Saturday - Sunday: Closed

STAFF
The business is owner run and managed with 4 x full time and 2 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 276,200 per annum, with a gross profit of approximately 41%.

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:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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 station

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

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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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