Engineering Design and Manufacturing Company
Price:
Leasehold - £310,000
Business Type:
Manufacturing companies
HISTORY
• Engineering, design and manufacturing company providing a high quality service with a firm policy of using British components whenever practical • Established for 36 years by current vendor • Strong UK wide and local reputation and recognised trading name • Reliable & mature customer base built upon word of mouth recommendations over many years
REASON FOR SALE
• Retirement • The vendor will be happy to assist with a handover if required
PRODUCTS
• A range of commercial and industrial fume and dust extraction equipment • Mechanical, hydraulic, pneumatic, electrical and electronic components and bespoke product design/manufacturing facility Machine Shop • Fully equipped with CNC milling and turning, wire eroding, spark eroding, cylindrical and surface grinding, drilling, polishing and welding bay for fabrication, including inspection and assembly for jigs and fixtures, and complete assembly of special purpose machine tools incorporating hydraulics and pneumatics Design Office • Design engineers running Auto CAD & Solid Works 3D modelling offering full design services from simple jigs and fixtures to complete special purpose machine tools, including hydraulic and pneumatic control systems designed for specific applications to suit clients requirements Control Systems • Fully equipped electrical department with engineers available for the design and manufacture of specialised control systems (including electric / hydraulic servo) to suit customers requirements incorporating PLC and computer control
SERVICES
• Complete engineering facility from initial machine concept and design through to manufacture, assembly, testing, finishing and delivery to commissioning at the customers’ works • Delivery service nationwide • Hire of dust and fume extraction machinery • Industrial health and safety assessments • A team of design engineers covering mechanical, hydraulic, pneumatic, electrical and electronic disciplines provides a wealth of engineering expertise and experience. • Highly skilled engineers with modern production machines and equipment, enable a wide range of industrial product requirements to be considered
CUSTOMERS
• A client base ranging from small manufacturing companies to worldwide and European based blue-chip and SME clients
SUPPLIERS
• Stock sourced from various mature wholesalers
STRENGTHS
• Very well established • Bespoke design service for niche market • Recognised trading name internationally within engineering community • Limited competition locally • Fully fitted and high quality workshop and machinery
SCOPE
• Introduction of further manufacturing types would be advantageous • Sales and marketing strategy introduction • Business development activity has been extremely limited so far
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
• Large industrial estate location in central UK
• Good links to A1, A14 and M1
• Substantial fully equipped engineering workshop and design area
• Leasehold:
• Original Lease: 10 years
• Remaining: 5 years
• Rent Review: 5 years
• Rent: £28,000 pa
• Rates: £14,000 pa
• Monday to Friday 8am to 5pm
• Industrial unit comprising of:
• Design and management office
• Workshop area circa 6,000 ft2
• Parking area for up to 8 cars
North Yorkshire
£ 750,000
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