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Specialist Sub Contract Precision Engineering Company for the Aerospace, De

Price:
Leasehold - £1,500,000
Turnover:
Register to view
Seller Ref:
IX018
Location:

UK Non-Specific, South Coast

Business Type:

Corporate Businesses, Manufacturing companies

See Other:
Engineering companies for sale in UK Non-Specific
Engineering businesses for sale in UK Non-Specific
Manufacturing companies for sale in UK Non-Specific
Corporate businesses for sale in UK Non-Specific
Description:
THE BUSINESS:
Established in 1991, this business specialises in manufacturing parts and components to the industrial sector. The Company is a well established and highly regarded CNC Precision Engineering operation. Specialising in milling and turning of high quality precision machined components particularly for the aero space, defence, hydraulic, marine and medical industries. The business carries out sub-contract work for a prestigious list of regular customers and enjoys a good working relationship and regular work from a number of companies across the UK.

Primarily a batch and contract supply specialist, this business can work with any order volume - a single specialised product, volume batch manufacture or contract supply timed to meet a customer’s particular production schedule. This business is equally happy to manufacture on a complete supply basis or as processors of free-issue components or materials.
Location Details:
The business currently operates from leasehold premises on an industrial estate with easy access to the motorway serving the south and south west. The current lease at a cost of £43, 678 per annum is due to expire in 2012, and a new lease is renewable. The business operates from an industrial property affording approximately 10,000 square feet and consists of Machine shop, Inspection area & Assembly /stock room plus additional mezzanine offices above.
Lease Terms:
The current lease at a cost of £43, 678 per annum is due to expire in 2012, and a new lease is renewable.
Trading Hours:
The business hours are Monday to Friday 6.00am to 6.00pm and Saturday 6.00am to 1.00pm.
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