Commercial Property for sale

HR5

£49,995

Property Description

Full description

Tenure: Leasehold

WELL EQUIPPED CLEANING EQUIPMENT BUSINESS - HEREFORDSHIRE
Situated in the rural village of Kington
Scope for further development
Relocatable within the UK
Genuine retirement sale
Lock up unit
LEASEHOLD

Business History

Meridian Business Sales are pleased to offer to the market this easy to run business which was established by our client in 1991. Our client is reluctantly offering this rare business due to their desire to take well deserved retirement. Since the business was established our client has run the business at a pace that suits their lifestyle, meaning there is massive scope for a new hands on owner operator to further develop the business which is easily re-locatable with in the UK or run from home. Our client informs us that they currently generate a respectable annual turnover, with good gross profits, which is derived from specialising in the sale and repair of pressure industrial cleaning equipment. The business enjoys a strong reputation both within the business sector and the local community and as such has a high level of regular and repeat trade. Currently the business is not providing an real on site servicing and adding this facility together with a modernisation project to bring the business into the 21st century may well increase. The business would be complimented further by the development of a professional website and an online shop. Our client is happy to provide full training during the transition period. This is a well equipped and well maintained business which is easy to run with low overheads, and as such this is a superb opportunity to purchase a good foundation business with massive development potential and as such early viewing is highly recommended.


Location

The business is located off a country road on a local farm which is utilised as a small trading estate in the market town of Kington in the county of Herefordshire. The business is run from town units benefiting from private parking, public transport and the local airport nearby. Kington is 2 miles from the border with Wales and, despite being on the western side of Offa's Dyke, has been English for over a thousand years. The town is in the shadow of Hergest Ridge, and on the River Arrow, where it is crossed by the A44 road. It is 19 miles north-west of Hereford, the county town and Nearby towns include Presteigne, Builth Wells, Kinigton and Leominster. Kington is easily accessed via the A44 connecting to the M50 and beyond.


Financial Profile
Turnover: 108,000pa
Gross Profit: 42,000pa
Stock: (Approximately) 35,000

Tenure
We are advised leasehold
Rolling lease
Rent: 3,000pa

Accommodation

Unit 1 - Well signed lock up unit comprising:
Large workshop
Well equipped for business - tools to suit trade
Area for spare parts
Area for repairs

Unit 2
Office
Showroom

EXTERNAL

Ample car parking to the front and side of unit

Nearest station

  • Knighton (11.0 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 station

  • Knighton (11.0 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.

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