Status: Completed
Tenure: Leasehold
Leasehold Rent: £16,500 per annum
Turnover: £390,803
Bespoke Pre Cast Concrete ManufacturersBespoke Pre Cast Concrete ManufacturersBespoke Pre Cast Concrete Manufacturers
£177,000 + SAV

Bespoke Pre Cast Concrete Manufacturers

Completed
  • Reference: 2914 G
  • Location: Norwich, Norfolk
Hilton Smythe is delighted to welcome to the market Attlebridge Concrete Products Ltd. This business is a pre cast concrete manufacturer. Originally established in 1981 by our clients. The business is extremely popular in the local area and nationwide.

Our clients are now looking to sell the business due to the desire to take a well-deserved retirement. We are advised the current turnover is around £390,800 per annum with a gross profit of 36%.

This is a brilliant business, with a fantastic reputation amongst large well-known companies to smaller independent traders and the public. This is a huge selling point for the business as they receive much of their revenue from having built this reputation and producing bespoke and tailor made products. We are advised they are currently and have already have completed a huge number of large jobs over the years, including: balconies, bars & worktops, sink units, bridge units and much more.

This is a national business focusing their products on all types of markets.

The bespoke product ranges are created from an extensive range of in-house moulds, which are unique to this business. Some popular and top selling products are-
Paving
Fence posts/Gravel boards
Window sills/Lintels
Plaques
Bespoke items

We believe that with an advertising and marketing campaign the business can increase and boost sales, therefore the turnover will also increase. By advertising on social media such as Facebook and Twitter, the business can focus sales on custom from more further afield. Social media also offers free advertising.

The business is run from a large premise which is well equipped for the trade and has four separate workshops. All equipment, fixtures and fittings are included in the sale. Also included in the sale are a 26 ton lorry and a 1.5 ton truck.

The business does have a fantastic website. www.attlebridgeconcrete.co.uk the site advertises products on offer. On the home screen of the site, are special offers which are very eye catching. There is also a price list available to download, and customers can enquire about products they are interested in via the contact form.

Hilton Smythe highly advise early viewing for this profitable business, that already has an enviable reputation for its great quality products.

TENURE

We are advised the business is Leasehold.

Original lease length: 6 years
Remaining lease length: 4 years
Review every: 3 years
Rent: £16,500 per annum

HOURS

The business is open:

Monday - Friday: 7:30am - 5:30pm
Saturday: 7:30am - 1pm
Sunday: Closed

STAFF

The business is run and managed by our client with the help of 7 members of staff.

FINANCIAL PROFILE

The business generates a turnover in the region of £390,800 per annum
With a gross profit of around 36 %
Attlebridge Concrete Products Ltd is located in Attlebridge, Norwich, Norfolk.

Attlebridge is a village close by to Norwich town centre. The business is located on a small industrial site that has a great range of complementary businesses. This area has an abundance of countryside, and there are several large properties dotted around the area. The local parish church which attracts a lot of footfall to the area is just a 2 minute walk away.

The A1067 is a long country road which runs from Kings Lynn through to Norwich. Norwich is approximately 9 miles away, and is an easy commute from the property using the A1067. There are regular bus routes that run throughout the day into Norwich and are around a 39 minute journey.
The property is a brick built building with the following areas.

2 x offices
Restroom
Showroom with displays of product range (separate entrance door)
w/c
Stairs lead to first floor storage area.

Inside the premise are 4 workshops.

Workshop 1 (mould making)
Cross cut saw
Bench Saw
Pillar Drill
Work benches and miscellaneous hand tools.

Workshop 2 (mould making)
Cross cut saw
Bench saw
Pillar drills
Work benches and hand tools

Workshop 3 (precast)
Small pan mixer
Vibrating table
Fork Lift
Miscellaneous tools

Workshop 4 (precast)
Small electric mixer
Tilt & Turn drum mixer
Vibrating table
Fork lift
Electric Steel Cutter
Miscellaneous tools

On the first floor of the premise is a storage area.

On the site is a large yard which is used for storing stock. The yard is well secured to the front of the premise is parking for the lorry and truck, customer parking is also to the front. On site is a reverse drum mixer and a skip which is shared with the business next door.