Shop Fitting Company with Large Manufacturing Facilities and Established On
Price:
Leasehold - £1,500,000
Business Type:
Corporate Businesses, Manufacturing companies
This highly profitable and busy Shop Fitting company was established by the vendor in 1989. Since that time the business has grown to the now sizeable operation to be one of the leading manufactures of cabinets and shop fixtures and fittings in the country. With a streamlined factory unit, and the latest ‘State of the Art’ machinery at disposal, the business takes orders from design, through estimation, manufacturing to supply and fit. The company has built an exceptional reputation, and is not only a member of the National Association of Shop-fitters, but also has the unique status of being the approved installer for an association in a very buoyant retail sector, whose membership includes thousands of independent shops nationwide.
This preferred status brings in a constant stream of enquiries and orders for complete re-fits and new build retail outlets from the industry. Along with many repeat clients nationally and the on-going high levels of recommendation and referral from the extensive list of satisfied clients over the past 20 years, the business is assured of a healthy future project book, and stable earnings with high profit levels.
The premises occupies approximately 11,000 sq ft, with a large main factory area, which has storage yard and loading doors to the rear. There are 2 mezzanine floors, with the product finishing is conducted. At the front of the building is the main reception area and management offices.
Currently the company is renting the property for around £48,000 per annum, with business rates payable of approximately £12,000. The vendor owns the Freehold, and will consider selling property along with the business at current market value of approximately £750,000. As there is proposed development around the location, this would be dependent on an up-lift clause.
Currently the company is renting the property for around £48,000 per annum, with business rates payable of approximately £12,000.
Monday – Friday: 7:30 am – 4:00 pm + overtime (Factory)
9:00 am – 5:00 pm (Office and Design Dep
North Yorkshire
£ 750,000
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