Commercial Joinery Manufacturer- Fixtures, Fittings and Equipment (F,F & E)
Price:
Leasehold - £950,000
Location:
Wales, North Wales
Business Type:
Corporate Businesses, Service Businesses
This dynamic and progressive company set up over 6 years ago manufacturers and installs quality fitted furniture & interior solutions for health, education and industry, predominantly within the public sector.
The company has enjoyed very impressive levels of growth to date by providing high quality turnkey solutions to its clients, both on a direct and indirect level, and this trend is expected to continue such is the demand for its products and services. The market is fuelled by the public sectors need to continually invest in its two most important markets, the heath and education sectors ,as well as the private sectors growing requirements.
Services include bespoke items such as staff bases & counters together with products such as storage units/cupboards (including mobile & modular), bedrooms, kitchens, internal screens, IPS panels, toilet cubicles, lockers, trolleys, racking and shelving.
The main production facility is situated on a high profile industrial park. The unit is leasehold. Current lease is for 10 years. Current rent is circa £41,000 p.a. Rates are circa £13,000p.a. The unit is circa 12,000 square feet. The majority of this is production space. There are ground floor offices, canteen and staff toilets. There are further offices on the mezzanine first floor. There is ample parking and a substantial rear yard that could easily be utilised if a new owner wished to extend the facility.
In addition the company also owns a smaller freehold satellite site in the Midlands. This is circa 3000 square feet comprising reception, warehouse, kitchen , toilets and offices . Market value is circa £180,000. One of the directors works from this office several days a week for convenience. It is understood that this site is not essential to the day to day running of the business. The vendors are happy to omit this building from the sale should a new owner not require it.
Current rent is circa £41,000 p.a. Rates are circa £13,000p.a.
Monday – Thursday: 0800-1630
Friday: 0730-1600
UK Non-Specific
£ 800,000
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