Hilton Smythe is delighted to welcome to the market this well-established and busy metal fabrication business in the town of Rainham, Greater London. The business has been in our clients' careful ownership for over 20 years. Only now is the business being offered to the market due to our clients' personal reasons. The business generates a very healthy turnover in the region of £1,217,500, with a good gross profit.
Our clients' specialise in all types of steel fabrication including structural steelwork, fire escape staircases and cladding. Our clients' have built up have built up an excellent reputation within the industry for the high quality of the goods and services offered, which has resulted in a very loyal client base with a vast amount of repeat trade and word of mouth referrals.
The business is located within a large industrial unit of approximately 4,500 sq. ft. which is very well equipped to suit the trade and boasts office and drawing facilities, set within portable cabins. The business has a huge client base, as well as pre and existing order book. We are advised one of the owners is willing to stay on with a new owner as an employee. The business is also CE marked, which is the manufacturers declaration the products meet the requirements of the applicable directives.
This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level, either as a stand-alone or bolt-on business; therefore early viewing must come highly recommended to avoid disappointment.
TENUREWe are advised Freehold.
HOURSTo be advised.
STAFFThe business is owner run and managed with staff members.
FINANCIAL PROFILEThe business generates a very healthy turnover in the region of £1,217,500, with a good gross profit.
A C Structures occupies substantial industrial premises, ideally located within the town of Rainham, Greater London. The business is situated on a large and busy industrial estate and is surrounded by a wealth of complementary businesses. The business benefits from staff and visitor parking facilities to the front of the premises. Rainham is a suburban town in east London and part of the London Borough of Havering. The ward of Rainham and Wennington had a population of 12,114 residents, according to the 2001 census.
The area of the business is served by the public transport system, with bus stops in walking distance of the property. The nearest railway station is approximately ½ mile away. The area is also well-served by the A-roads, with the A13 being within easy driving distance, which links to the vast A-road and motorway networks. Gillingham is 27 miles away and the City of London is 15½ miles away.
Large industrial unit approximately 4,500 sq. ft. briefly comprising:
Main workshop, which is well-equipped to suit the trade.
Three quarter height concertina shutter door to front right hand side.
Half height concertina door to left hand side.
Storeroom to left of workshop with several desks, racking, aluminium cupboards, ground affixed duel wheel grinder, sink and drainer and double door storage cupboard.
Office area with desks, PCs and file storage cabinets.
2 x drawing rooms located to rear of office.
Equipment included in sale:
1 x 5 ton overhead crane.
Multiple steel cutting machines.
1 x GEKA Hydracrop 110 ironworker.
1 x MOSA TS 200 DES/CF generator welder.
Multiple aluminium ladders of various lengths.
Various tools and work at height devices.
Storage area to left of property with stock steel, cladding spares, trucks and other vehicles.
Steel purpose built secure gas bottle storage are to front of premises (right hand side).
Tarmacked area to front for vehicle parking.
Single piece Armco security barrier.
Business sign above main shuttered entrance.
Multiple high power security lights.
All vehicles are included in the sale.