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Precision Engineering Business For Sale

Wantage, Oxfordshire, UK
Asking Price:
£100K - £200K Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Under £50K

Well equipped machine shop in Oxfordshire located close by to major scientific and research organisations.

Property Information

Property:

Leasehold

Lease Terms:

1 year into a 10 year lease with a break at 5 years.

Leasehold Rent:

£8,000 per annum

Location:

Prime location as a few miles from the Harwell and Culham Science centres which specialise in Atomic, Nuclear and Space technologies.

Premises Details:

Premises are 62M2 with a 30FT modified container next to the property which is an office along with raw material stores.

Business Operation

Reasons for selling:

Business is non core and have tried to run it alongside another job. It needs someone who can fully focus on this business and who really has the ability to machine.

Trading hours:

Currently operate 7 days per week with mixed shift.

Employees:
4
Years established:
4

Other Information

Support & training:

Current management team are willing to stay on for a period to hand over the business.

Current technical members of staff are willing to stay on.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

I am open to a staged sale so that the new owner can realise the business potential

Furniture / Fixtures value:
£5,000 - included in the asking price
Website:
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