WT £865 GP Approx 80%
Long Established Business
Option To Develop Premises
This is a rare opportunity to purchase a well-established welding company which includes steel fabrication and general blacksmith work. The business enjoys an excellent reputation and receives work from within the region and beyond. This sale also provides the opportunity to purchase a very substantial freehold warehouse and workshop building where the business is based. The stone built building provides excellent space for tools, stock and equipment and, in addition, the owner stores vehicles at ground and first floor levels of the building which are raised by a car lift. The extensive property is located in Barmouth on the stunning north west Wales coast in a mostly residential area of the town, just a short distance from the beautiful sandy beaches for which the town is known and is hugely popular with holidaymakers, tourists and residents.The property represents a valuable, alternative development opportunity to provide four apartments and a top floor penthouse apartment with sea views.
The business has been in the owner's hands since 1989 and enjoys an excellent reputation throughout north and west Wales. The business provides a life style change opportunity for a buyer to purchase a well-established business and commercial premises in an idyllic and beautiful area of the country. It also provides a great investment/development opportunity for a buyer simply interested in capitalising on the conversion potential of the property and for which plans have been drawn, with possible apartment sale or letting options. We are told that formal planning permission has not yet been pursued but favourable indications have been given.
The owner is flexible with regard to the options presented by the sale of his business and this valuable property. Blacks Brokers consider that there are great potential opportunities here and our helpful staff will be pleased to arrange viewings and to provide any additional information required.Fixtures:
We will be pleased to provide a full schedule of all the fixtures and fittings to be included in the sale. These are expected to include a four post high lift ramp, various welding sets and other equipment.
Substantial property comprising two ground floor workshops and storage. First Floor: Spray bay, office, large workshop and stores. Second Floor: Large stores and toilet.
Location Details: Barmouth
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