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Established in 2012
Annual Turnover £100,000
Gross Profits of £64,000
Well Established Customer Relationships
EPC - E
REF 5624 – Leasehold Bespoke Joinery and Furniture Manufacturer
Blacks Brokers are proud to bring to the market this leasehold, bespoke joinery and furniture manufacturer located in the much sought after area of York, North Yorkshire.
Baumer Joinery has been trading from Osbaldwick Lane since 2012 and over that time it has firmly established itself within the community and within this business sector. The business has a sensational reputation and a large and loyal customer base in place. Our client has long standing relationships with customers that have been built up relationships with other the years.
York is an affluent city in North Yorkshire, the area is very popular with tourists and is densely populated. It is well linked with the A64, A65 and A1. The business is positioned on the outskirts of York on a small industrial estate with 8 other units which is close to many other complementary businesses and is easily accessible with parking available for two cars.
REASON FOR SALE
The business is only being offered for sale as our client is relocating abroad.
The building is available on a competitive rent on a Full Repair and insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 6 years with rent reviews every 3. The current lease began in 2012 at a cost of £6,000 per annum.
BUILDING LAYOUT AND DESIGN
The business is housed within a good sized industrial unit within a small industrial park. The business is well branded and has parking available outside for two cars and additional parking is available close by. Inside, the main workshop area is open plan with displays and examples of work. To the rear is a good equipped spray facility, a private office used for administration, a staff kitchenette and toilet facilities.
The business is currently operating with one member of staff in addition to our client on a full time basis.
Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £100,000 with strong 64% gross profits consistently year-round. Many customers are from the local area as one would expect with additional trade from word of mouth and recommendations.
This leasehold business offers an exciting and rare opportunity for a new owner to acquire a large customer base and excellent reputation for quality, bespoke work in a superb trading location. There is plenty of scope to develop the business further with a strong marketing drive and potentially additional workload with more staff introduced. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. It could also be of great interest to another similar business looking to expand into this highly sought after area. Early viewings are strongly advised.
MON - FRI: 09:00 - 17:00
SAT & SUN: CLOSED
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