Status: For Sale
Tenure: Leasehold
Leasehold Rent: £12,000 per annum
Turnover: £276,162
Engineering and Welding Business in Turweston For SaleEngineering and Welding Business in Turweston For SaleEngineering and Welding Business in Turweston For Sale
£167,000 + SAV

Engineering and Welding Business in Turweston For Sale

For Sale
  • Reference: 3078 G
  • Location: Brackley, Northamptonshire
Hilton Smythe is delighted to welcome to the market this well-established and busy engineering and welding business in Turweston, near Brackley, Northamptonshire.

The business was established by our client in 1977 and is only now being offered to the market due to our client's desire for a well-deserved retirement. The business currently operates 5 days per week and generates a turnover in the region of £276,200 per annum, with a gross profit of approximately 41%.

Our client offers a variety of welding services including sheet metal work, with expertise in aluminium, mild steel, stainless steel and cast iron, using methods such as MIG welding, TIG welding and Brazing. The business is CAA registered licence holders and provide sheet metal work. Our client has a team of dedicated and highly experienced and adaptable welders that offer numerous skilled services.

The business has built up an enviable reputation within the area and further afield, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to promote the excellent services offered. There is already an excellent website in place to promote the business at www.allweldengineering.com.

This is an excellent opportunity for a new owner to take this already thriving business to the next level, or it would be a prime bolt-on to an existing business; therefore early viewing must come highly recommended to avoid disappointment.

TENURE

We are advised Leasehold:

Original lease length: 6 years
Remaining lease length: 3 years
Review every: 3 years
Rent: 12,000 per annum

HOURS

The business is open:

Monday: Thursday: 7.30am - 5.00pm
Friday: 7.30am - 2.00pm
Saturday - Sunday: Closed

STAFF

The business is owner run and managed with 4 x full time and 2 x part time staff members.

FINANCIAL PROFILE

The business generates a turnover in the region of £276,200 per annum, with a gross profit of approximately 41%.
Allweld Engineering Ltd occupies substantial ground floor lock-up premises, ideally located within an industrial unit in Turweston, near Brackley, Northamptonshire. The business is situated on a small industrial estate and is surrounded by complimentary businesses and benefits from a good volume of passing trade. The business further benefits from good parking facilities to the front of the premises.

Turweston is a small village on the outskirts of Brackley, which is the nearest town and the centre is approximately one mile away. Brackley has a population of over 14,500 residents and serves an additional catchment of 10,000. The town is near the Silverstone motor racing circuit, and has some industry related to Formula One racing.

The area of the business is served by the public transport system, with bus stops within walking distance of the property. The nearest railway station is Kings Sutton, which is approximately 7 miles away. The area is also well served by the A-roads, with the both the A43 and A22 being within easy driving distance, which links to the national A-road and motorway networks.
Substantial ground floor industrial unit in a prime trading location, briefly comprising:

2,500 sq. foot well-equipped workshop with a fully ducted extraction system, which is leased.
Racking and shelving for storage.
WC with wash hand basin.
Office with desks and seating.
Staff room with seating and lockers.
Mezzanine floor, currently used for storage.

Equipment included:

7.5 tonne curtain sided lorry.

A full list of equipment is to be supplied.

External:

Direct parking for up to 7 vehicles and an overspill car park.
Storage container.
Fully secured site with new CCTV system.

Contact us today for more information

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