Engineering businesses for sale in Coventry

View the "ESTABLISHED ENGINEERING COMPANY" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £299,995 Price Reduced Annual Turnover: £182,781
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Business Description
ESTABLISHED ENGINEERING COMPANY
Repeat custom built on an outstanding reputation
Well established and highly regarded business
Situated on a busy trading estate in Coventry
Early viewing essential to fully appreciate
Advised annual turnover of £182,781
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this superb engineering company which was established by our clients in 2004. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £182,781 which is derived from the sale and repair of a range of Ball Screws and Linear Guides offering a fast and efficient service to a vast array of customers. The business enjoys a strong reputation within the local community as well as further a field and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Tenure: Leasehold

Accommodation Details:

Secure well signed lock up unit, briefly comprising: GROUND FLOOR Secure entrance leading to: Open plan unit Ample work and production space Fully fitted with equipment and machinery Racking & shelving space Toilet facilities FIRST FLOOR Mezzanine floor Office seating 3-4 Desks, chairs & computer systems EXTERNAL Front parking for approximately 3 vehicles Based on a secure trading estate

Location Details:

The business is situated just outside the city centre of Coventry which is in West Midlands. The business is located on a busy trading estate in a densely populated residential area. It is situated within a parade of commercial style businesses and has a huge selection of neighbouring retailers. There is communal free of charge parking which is a huge plus and an easy convenience for all. Coventry has become a hugely popular business and residential area due to its excellent shopping facilities, good schools, NHS services, fine housing and friendly local community and benefits from having many attractions and facilities close by including Birmingham International Airport (approximately 10 miles) The National Exhibition Centre (approximately 9 miles) and the Belfry Golf Club (approximately 19 miles) Coventry is ideally situated on the UK motorway network with the M6 being less than 4 miles away making travelling and commuting is very easy.

Leasehold Term:

Leasehold Original length: Rolling Rent: £1,200pm

Listed by: Meridian Business Sales Limited
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