Hilton Smythe is delighted to introduce to the market AMJ Precision Engineering. Our client founded the business back in 1970 and has a wealth of experience in this niche market.
The business are specialists in Engineering with a comprehensive range of CNC and manual machinery designed to meet client’s specific requirements. The business has a team of highly skilled Engineers providing a host of services such as conventional milling, turning and grinding, pressing and forming and full refurbishment services.
AMJ Precision Engineering has an enviable reputation within the sector and has many long standing customer relationships. The business offers a full technical support service and tailor made solutions for a variety of projects throughout the UK. The business reports this year’s turnover at circa £100,000 per annum, due to our clients impending retirement but has been highly in previous years.
The freehold unit is 5000 sq ft. The business has a comprehensive list of equipment to suit the trade which is included in the sale. The size of the premise lends towards either expansion of the current business or could be divided into smaller units and sub-let to other complementary businesses to increase turnover.
The business has an informative website in situ www.amjengineering.co.uk giving further detail about the services offered.
We are advised there are three options within the sale:
Business and premises: £550,000 + SAV
Premises only: £450,000
Business only: £100,000
Early viewing of this outstanding business is highly recommended.
The business occupies a substantial freehold unit on a very well-known and large industrial estate in Southend-on-Sea, Essex.
The business is easily accessible from the A13 and A127 connecting to the M25 and national motorway network beyond.
Southend on Sea is aa seaside resort and a popular place to live and work, with a high majority of residents commuting into the City of London.
Industrial unit briefly comprising:-
Over 4,000 sq ft
Large office – currently rented out on short term agreement
Toilet / staff area
Main workshop with precision machinery
Rear workshop – houses button making machinery and currently rented out to new owner of that business.
Over 1,000 sq ft
Second office – currently rented out on short term agreement
Kitchen and staff toilets.
Over 2,000 sq ft
3 x large containers used as additional workshops with storage yard
To the front is a car park for 6-7 cars.
A full inventory can be provided.
We are advised freehold.
The business opens:-
Monday to Friday 9.00am – 5.00pm
The business is owner run and managed with the assistance of a skilled workforce of 3.
The business reports this year’s turnover at circa £100,000 per annum, due to our clients impending retirement but has been highly in previous years.
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