We are selling two companies owned by our client that manufacture precision tooling for the Investment casting sector.
Both companies operate out of the same premises in Herefordshire.
Smaller of the two companies established in 1989
Principal company manufactures tooling to Tier 1 suppliers to the Aerospace industry and was established in 2015.
- Asking Price:
- Undisclosed
- Turnover:
- £500K - £1M
- Net Profit:
- £100K - £250K
Property Information
- Property:
-
Leasehold
- Leasehold Rent:
-
£40,000 per annum
- Location:
-
Modern Industrial Estate - Herefordshire
- Premises Details:
-
9,000 sq ft plus mezzanine.
Current 10 year lease renewable in 2035. Tenant only break clauses every two years. Current rent £40,000 per annum
- Size in square feet:
- 9,000
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement sale
- Employees:
- 4
Other Information
- Relocatable:
- This business can be relocated
