Anuual T/O £393,000
Option for Freehold or Leasehold
5,400 sq ft Premises
Ample Room for Expansion
EPC - E
This long established and very successful business is a manufacturer and supplier of high quality industrial valve, piping, flanges and other equipment insulation products which include metal cladding in stucco, plain aluminium, plastisol, aluzinc (plain, stucco and petrochem) and stainless steel in various grades and valve covers (removable and reusable). The business also offers a full installation service.
The business employs a highly experienced team of 8 full time staff who are experts in the insulation industry. As well as the manufacture and insulation, energy saving advice is also provided to customers based on sound calculations using high-tech equipment.
There is a strong nationwide customer base which generates a healthy and regular year-on-year turnover with this years expected to be in the region of £393,000 with a gross profit of around 45%.
This excellent opportunity is offered both as a freehold or leasehold with a new 15 year lease which is negotiable. The fully equipped and very well presented premises occupy an area in the region of 5,400 sq. ft. with plenty of space at the rear and side of the building to extend and increase the production area by another 2,000 sq. ft.
The owner is selling due to retirement and this offers an ideal opportunity for a similar business or one working in an allied trade to expand its operation with the acquisition of a sound and well established enterprise with a highly experienced team already in place.Fixtures:
Cut to length line
3 metre hydraulic guillotine
Electric swaging machine
6 sewing machines
Rollers and folders
Fully equipped office
General administration area
MON: 07:30 - 17:00
TUE: 07:30 - 17:00
WED: 07:30 - 17:00
THU: 07:30 - 17:00
FRI: 07:30 - 15:00
Tenure: Freehold, Leasehold
Located in an ideal trading position on a small light industrial estate approximately 8 miles from Oxford with excellent links to the A34, A40, M40 and M4, the premises is a steel framed building with a reception area and offices on 2 floors with ample off road parking. To the left of the offices/reception area is the main entrance to the production area which is accessed by high metal concertina door.
The production area consists of a ground floor area of approximately 4,000 sq. ft. with a mezzanine floor above which is accessed by a set of stairs which consists of 3 sewing and finishing workshops and occupies an area in the region of 900 sq. ft.
The office block contains a reception area on the ground floor with staff W/C facilities to the side. On the second floor there is a main administration office, smaller IT office and a kitchen. The offices occupy an area approximately 500 sq. ft.
To the exterior there is ample parking directly in front of the office block and a large paved area in front of the main doors which accommodates easy access for heavy goods vehicles delivering and loading. To the left is a gated driveway leading to the rear of the premises which is currently used for outside storage which the premises can be extended in to add an additional 2,000 sq. ft. to its capacity.
Location Details: Eynsham
Leasehold Term: Rent: £577 Per Week on leasehold option
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