Status: Completed
Tenure: Leasehold
Turnover: £280,000
Freehold Sheet Metal and Fabrication BusinessFreehold Sheet Metal and Fabrication BusinessFreehold Sheet Metal and Fabrication Business
£239,950

Freehold Sheet Metal and Fabrication Business

Completed
  • Reference: 1547-C
  • Location: Manchester, Greater Manchester
Hilton Smythe welcomes to the market M A Farnworth Limited.

This highly respected business was established in 1989, during which time our client has successfully built up an exceptional client base, benefiting from repeat orders from 'blue chip' customers.

This profitable concern offers high quality technical expertise in metal fabrication. The business undertakes, pressing, stamping and roll forming of metal.

The business has a flexible approach and offers bespoke metal fabrication services, a priority requirement of most professional businesses today.

Currently, the business has no sales or internet presence; we feel this is an ideal business venture for an existing Engineering company looking to diversify or as a bolt on acquisition to an existing business offering the potential to grow even further.

We feel the business would benefit from an injection of marketing and advertising to take the business to the next level.

TENURE

HOURS

STAFF

FINANCIAL PROFILE

OTHER

The business is located in Greater Manchester.

Greater Manchester is a metropolitan county in North West England, with a population of 2.68 million. It encompasses one of the largest metropolitan areas in the United Kingdom and comprises ten metropolitan boroughs, Bolton, Bury, Oldham, Rochdale, Stockport, Tameside, Trafford, Wigan and the cities of Manchester and Salford.

Greater Manchester was created on 1 April 1974 as a result of the Local Government Act 1972 and designated a Statutory City Region on 1st April 2011.
The premises provide industrial accommodation, on an industrial estate within a shared site.

The business premises consist of two units and a Portakabin.

Both the units are single storey and of brick construction with metal sheet cladding. The larger of the units has been rendered to the front and has a roof constructed of corrugated metal sheets. The smaller unit has metal cladding to the upper part of the unit and also the roof.

The larger unit is used as a workshop and benefits from three large double doors for stacker truck access for loading and unloading. The larger unit has been partitioned off, to create a well equipped light office, w.c., kitchen area and store room.

The smaller unit has a manual roller shutter door and a separate side entrance. Both the units have concrete flooring with internal exposed brick walls.

Currently, the smaller back unit is rented out, under a two year agreement (until May 2015) at a rent of £450 per calendar month.

The Portakabin is fully connected for electricity and has a water supply, currently used as staff quarters. The Portakabin has a small kitchen area, w.c. and a staff room.
The site is secured by fencing to the side and rear and benefits from a secure yard area which is currently used for storage and parking.

As one would expect from a business of this standing, a plethora of valuable equipment is housed within the premises briefly comprising;

2 x compressors, 2 x fly presses, lock former, arc welder.

1 x 8' folder, large drill, small drill, spot welders, rollers, bench punch, 2 x mig welders, benches and vices, block and tackle.

Guillotine, two metre folder, chop saw and fan, fly press, stock racks.

Rollers, pedestal drill, mig welder, bench and vice, plasma cutter, AC/DC tig set, DC tig set, oxygen and extension hoses, welder generator, fork truck and charger, workshop heaters, spray gun and hoses.

3 x 4 inch grinder, 3 x 4 ½ inch grinder, 2 x 9 inch grinder, 1 x jigsaw, 2 x drills, 1 x Hitachi SDS drill, 1 x angle drill, 4 x transformers, 1 x stick welder 1 x inverter stick welder.

The large selection of hand tools include; G clamps, sash clamps, sledge hammers, lump hammers, crow bars, spirit levels, and sockets sets to name but a few items.

Naturally, we would highly recommend viewing this well established, profitable concern which genuinely comes to the market as our client looks forward to retirement.