Pub & Club Refits & Design Business For Sale

Business description

Merseyside

Established Business

Extensive Premises (19,712sq Ft)

Upholsterers, Joiners + Electricians

Design, Manufacturing, Installation

Order Book/Repeat Business

Freehold

Business History:
The business was established in 1987 and enjoys a good reputation within the licensed premises industry. Work has been undertaken both within the northwest and throughout the country. The business benefits from a well established client base with repeat business as well as new business clients. The owners are now seeking to retire.

Business Profile:
The business specialises in the design and refurbishment of licensed premises, i.e. pubs, clubs and hotels. The business offers a full turnkey operation which includes design, manufacturing, installation and project management. Trades employed in the business, and centred on the Bootle factory, include joiners, upholsterers, French polishers, plumbers, electricians, floor layers and a plasterering/building team. Current work involves the refitting of a number of public houses for major names within the industry. The business benefits from its own web site, ---.---------------------.--.-- where more information can be obtained.

Accommodation::
The premises comprise a substantial two storey brick built workshop and warehouse building together with eight parking spaces. The structure of the building is versatile to multifaceted internal adaptions. Plans of the building can be examined at the offices of Jolley & Co. The accommodation comprises approximately 1,831.2 sqm (19,712 sqft). Please note that these measurements have not been checked by Jolley & Co. and that a buyer should arrange for this information to be verified. More information is as follows:-

Ground Floor:
This comprises a goods entrance which can accommodate HGV size vehicles. The ground floor also has a substantial joinery shop with sawdust extraction facilities and offices together with a second joinery shop, window blinds shop, flooring shop (which includes a carpet seaming machine), toilets and a lift. The joinery shop benefits from equipment which includes a DeWalt cross cut saw, two sanders, router head sander and cutter, band saw, planer, SCM model SI 320 and a TYP.690-B cross cut saws.

First Floor:
This comprises an upholstery shop, furniture store, two furniture spray booths with extraction, several offices, a sewing room with machines, ladies and gents toilets.

Outside:
There are eight parking spaces in a courtyard at the rear of the site.

Staffing:
Twenty three full time staff, one part time staff and two full time directors.

Fixtures & Fittings:
A schedule of fixtures and fittings will be made available for prospective buyers.

Property information

Property:

Freehold

Lease terms:

Financial Profile:
The vendors have annual accounts and management accounting information. They are projecting annual sales for 2009 at £1.6 million and will be pleased to discuss all the financial aspects of the business with prospective buyers.

Tenure:
Freehold. Although the premises are offered for sale freehold with vacant possession, there are existing three short term tenancies to complimentary trades totalling approximately 1,600 sq. feet and producing an annual income of £6,000 inclusive of proportionate rates. Jolley & Co. have not examined any title or lease documentation and a buyer must arrange for their solicitor to verify that this information is correct.

Uniform Business Rates.:
Sefton Council have verbally provided the following information: Rateable Value £20,250. Rates Payable 2009/10£9,821.25.

Price:
£750,000 for the freehold property, goodwill, fixtures and fittings plus SAV.

Living accommodation:

Accommodation Included.

Location:

Location:
The premises are located in a mixed area of commercial and residential use in Bootle and a short distance from the A565 which is a main road linking Liverpool with Southport. The premises are well placed to service Merseyside and the north west area. There is roadside parking in addition to private parking.

Other information

Trading hours:

Opening Hours:
8:00am - 5:00pm Monday to Friday. Closed Saturday and Sunday.