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Queen Victoria Square, Hull, HU1

POA
Nationwide Business Sales LTD, Castleford
SIZE AVAILABLE

10,764 sq ft

1,000 sq m

SECTOR

Heavy industrial facility for sale

Key features

  • Turnover £7.5m
  • Net profit £1,125,000
  • Converting at 15%
  • 2023-24 t/o £12m
  • Fully managed
  • Relocatable
  • Nationwide business

Description

Opportunity

Sensational business opportunity, incredibly robust business model and sector

Engineering, Construction and Contracting services provider to the Oil, Gas and Petrochemical industries



Location

The North of England




Details

Head office and 15,000 square foot Fabrication unit

Fleet of vehicles



Development Opportunity

Turnover forecast to achieve £20m in 2025 generating an annual net profit of £3m




Tenure

Nationwide Business Sales are delighted to offer ‘Project Loidis’ to the market, please email or call for further information regarding the purchase price and options for the remarkable opportunity




Staff

All staff are subject to TUPE



Financial
Accounts for 2021 show a turnover of £6.8m achieving a net profit of over £1m

Turnover in 2022 is £7.5m with a net profit of £1.125m

Contracted sales for 2023 worth £10m forecasting £1.5m net profit



Other information, websites, links etc….
ISO accredited along with industry qualifications and approvals.

Brochures

Queen Victoria Square, Hull, HU1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station0.2 miles
  • New Holland Station3.0 miles
  • Cottingham Station3.7 miles

About Nationwide Business Sales LTD, Castleford

5 Flemming Court, Castleford, WF10 5HW

Notes

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Disclaimer - Property reference RX250556. 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 Nationwide Business Sales LTD, Castleford. 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.

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