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Long-established company, a market leader in the design, supply and installation of HVAC (Heating, Ventilation and Air Conditioning) systems, specialising in hospitality venues.
Established for over 30 years, this company is renowned for its comprehensive and highly valued air conditioning and ventilation solutions.
Key features:
- Established for over 30 Years
- Recognised industry leader
- Loyal client base
- Profitable and well managed
- Sales circa £3.3m
Leasehold
The premises are held on lease for a period of five years from 4th November 2019 with rent fixed at £21,750 per annum for the duration of the lease, plus a service charge for the maintenance of the common areas.
We are informed that the lease is held on internal repairing and insuring terms. Whilst the lease is excluded from the renewal provisions of the Landlord and Tenant Act 1954, the company has occupied the premises for a number of years and we assume that the company will continue to trade from the current premises for the foreseeable future. The owner confirms that the current premises provide ample space for any future expansion of the company.
The business trades from leasehold premises with good access to the M40.
After years of dedicated work building and growing the business, the owner ready to step back and enjoy more personal time. However, they remain passionate about the industry and are happy to stay on as a consultant post-sale, offering valuable expertise and ensuring a smooth transition for the new owner.
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