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Leasehold Fabrication General Engineering Located In St Austell For Sale

St Austell, Cornwall, UK
Asking Price:
£105,000 Furniture / Fixtures included
Turnover:
£373,003
Net Profit:
Under £50K

Veritas Business Sales are delighted to offer for sale this well established steel fabricators & general engineers business which is located in Tregrehan, St Austell in Cornwall. The business was established in 1986 by it’s current owners and is now being offered for sale so that our client can enjoy a well deserved retirement. Since ownership they have continually invested in new plant and machinery along with vehicles, fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and employs the help of 5 highly experienced full time members of staff and for year ending March 2018 their annual turnover was £373,033 with a gross profit of £185,085. What’s being offered is a fully equipped steel fabricators and engineering company with a vast amount of experience. We believe that there is huge potential for any existing engineering company looking to expand through acquisition to increase what is already a thriving business. The business already enjoys a really strong reputation within the local community and beyond and is considered by many to be the first place to visit for all engineering needs and requirements and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Term: Rolling 3 year lease
Rent: £6,960 plus VAT pa
Rates: Zero

Leasehold Rent:

£6,960 per annum

Location:

This respected steel fabricators, construction and general engineers business is located in Tregrehan, St Austell Cornwall. The business is situated on a well presented enterprise estate with shared occupancy just off the main A390 trunk road from St Austell to Liskeard. Local attractions include Charlestown famous for the filming of many TV programmes such as Poldark and Carlyon Bay Hotel & Golf Course.

Premises Details:

Ground Floor
Office (3.7m x 5.9m) comprising: 2 desks, telephone system, printer (Epson), various shelves, filing cabinet and 2 chairs.
Workshop (7.0m x 18.0m) comprising: 10 free standing industry machines (cutting to finishing), steel work bench, various hand tools, fork lift truck, hand roller, work benches and metal stands.

First Floor
Canteen (3.0m x 4.0m) comprising: various tables and chairs.

External
Car parking for (8).
Yard with racking and shelving for stock.
Substantial premises with secure 2 metre fence around the entire area and gated entrance.
EPC rating C

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Friday – 7.00am – 3.00pm
Saturday & Sunday – Closed

Years established:
32 years

Other Information

Inventory / Stock value:
£10,000
Website:
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Relocatable:
This business can be relocated.

Contact Veritas Business Sales

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