Plastics Supplier In Devon For Sale

Business description

Preferred Commercial is delighted to offer for sale this desirable and well established business, which was founded by our client in 1981 and has built up an enviable reputation and client base throughout North Devon, generating much regular repeat business. The business is being placed on the market due to our client's wish to retire and has been run at a pace to suit. A new owner could greatly build upon this already profitable business with the introduction of a web site and proactively looking for new custom, as the current owner does not actively market the business. The current split on turnover is 85% trade to only 15% retail, offering huge scope to develop. Currently the business has an average weekly turnover of £5,700 with a gross profit of 32.4%. There remains infinite scope to develop turnover further if so wished. The business's main products are fascia boards, soffits, polycarbonate roofing systems, guttering, decorative shutters, hygienic wall cladding and also a small amount of uPVC windows and doors. This, in our opinion, is a great business that offers a husband and wife team or partnership the opportunity to build upon what our client has achieved over the last 18 years. Preferred Commercial recommend viewing at your earliest convenience to fully appreciate.

Property information

Property:

Leasehold

Lease terms:

Original length: 24 years
Remaining: 5.5 years
Review: every 4 years

Price plus stock at valuation

Leasehold rent:

£12,500 per annum

Location:

PJC Plastics (Barnstaple) Ltd is located in Barnstaple, Devon, on a small industrial estate with two other businesses, just off the main road into Barnstaple from Braunton. The business is well sign posted and is located in an area containing other industrial estates. The business draws its trade from all parts of North Devon, with customers coming from locations such as Lynton, Lynmouth, Bideford, Bude and Okehampton to name but a few.

Premises details:

Single fronted industrial unit, briefly comprising:

Ground Floor
• Single storey industrial unit with 2,400 sqft of warehouse space
• Office space and reception area to front
• Wooden and metal racking to suit trade
• Kitchen area
• Roller shutters to front
• Concrete floor throughout
• 2 double fire doors to rear
• Mezzanine storage area

External
• Ample parking
• 2 x 20ft storage containers
• 1 x skip container

Other information

Trading hours:

Mon - Fri: 7.30am - 5.00pm
Sat: 8.00am - 12.00pm
Sun: Closed