Pembroke Hire Centre, Waterloo Roundabout, Pembroke Dock

FOR SALE AS A "GOING CONCERN"

A RARE OPPORTUNITY TO ACQUIRE A WELL KNOWN AND SUCCESSFUL BUSINESS WHICH REQUIRES MINIMAL STAFF AND IS EASY TO MANAGE



GENERAL
Pembroke Hire Centre occupies a fabulous trading position. The Waterloo Roundabout is used by many thousands of cars each day - some leaving Pembroke Dock, some entering Pembroke Dock from the east side and some arriving via the toll free Cleddau Bridge on the north side.

The Business was first established in 1983. Nowadays, Turnover is approx 60% Hire, 35% Sales and 5% Repairs. At least one local competitor closed recently.

With approximate dimensions, the accommodation briefly comprises...

Shop
26'7" x 13'9" (8.10m x 4.19m) picture window and door to front.

Office/Stores
14'4" x 8'1" (4.37m x 2.46m).

Workshop
37'9" x 18'4" (11.51m x 5.59m) average, access to Yard and...

Garage
23'0" x 9'4" (7.01m x 2.82m) roller door to front.

Kitchen/Staff Room
12'1" x 8'10" (3.68m x 2.69m) narrowing to 5'11" (1.80m).

Stores
24'4" x 17'10" (7.42m x 5.44m) and 18'9" x 7'11" (5.71m x 2.41m).

Office
11'9" x 8'11" (3.58m x 2.72m).

OUTSIDE
Concrete Forecourt suitable for Displays and providing Parking for a few cars. To the side of the Building is a very useful Secure Yard - concrete with paliside fencing. Gas Storage Compound.

SERVICES ETC (none tested)
All mains connected. Gas fired central heating from a Worcester boiler. Security alarm. Fibre optic Broadband.

TENURE
We understand that this is Freehold.

ENERGY PERFORMANCE
THE BUSINESS
As stated earlier, this is sustainable, successful and profitable. A Schedule of Adjusted Trading Accounts can be made available to the Financial Advisors of bone fide interested parties who must first have viewed the Premises etc.

THE STOCK
It is understood that this is worth around £225,000 i.e. approx £45,000 re New Tools re sales and £180,000 re Hire Equipment. A Stocktake will take place at the point of selling the Business.

ASKING PRICES
1. Freehold Sale ... Offers Around £525,000 to include the Premises, Trade Fixtures & Fittings, Goodwill and Stock.
2. Lease of Premises (say a 10 year FRI Lease with an Option to Purchase the Freehold)
(a) Ingoing Premium ... Offers Around £350,000 to include Trade Fixtures & Fittings, Goodwill and Stock.
(b) Initial Rent ... £20,000 per annum