Station Road, Colchester, CO6

Location

The premises is situated within a small industrial site along Station Road, Earls Colne in close proximity to Colchester (8 miles) Halstead (3 miles) and Sudbury (6 miles). The surrounding location benefits from being highly built up residentially.

Tenure

The vendor is on a rolling yearly contract at a rental of £9,540 per annum exclusive. A purchaser can either take on the premises along with the business or alternatively relocate the business elsewhere if the unit is not required.

Industrial Unit

A detached industrial unit with roller shutter to the front, leading into the premises which measures approximately 48' 2" x 34' 6" = 1,664 Sq. ft. with a maximum eves height of 15' 11" down to a minimum eves of 12' 4". There is a small partitioned spray room to the back left of the unit which measures approximately 7' 11" x 15' 10" = 126 Sq. ft.



The premises is equipped with the following item which are all included within the sale price; Felder K700s Panel saw (3 phase), Sedgwick Chisel morticer (3 phase), Sedgwick Spindle moulder with power feed (3 phase), SMS 750mm Drum sander (3 phase), Cooksley 12” Planer/thicknesser (3 phase), Multico Tennoner TM3 (3 phase), Clarke XEV16/150 Compressor (3 phase), Dewalt DW738 Bandsaw (single phase), Wadkin Bursgreen Spindle moulder (single phase), Holzmann VD1100N lathe (single phase), Draper 370W Bobbin sander (single phase), Various dust extractors, benches and office furniture (including display kitchen).

Small Office

There is a separate small office that our client occupies which they use for the design side of the business along with all admin work.

Trading Hours

Monday - Friday 9am - 5 pm. Workshop is available for use between 6am-7pm, Monday to Saturday, with access 24/7.

Staff

The business is run by the vendors (husband and wife) with the assistance of various contractors.

Turnover

Most recent Year End Accounts confirm a Net Turnover £128,840 with a Net prof £65,562. Full financial information can be disclosed to seriously interested applicants. Following a meeting with the vendor.

Business Rates

We are advised there are zero business rates payable, should small business rate relief apply to a purchaser.

Legal Costs

Each party to be responsible for their own, with the landlords legal costs to be split 50/50 (If applicable).

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.