Nationwide, Businesses welcomes to the market this WELL ESTABLISHED GLASS SUPPLIERS & FITTING (All aspects of glass). FELIXTOWE AREA, SUFFOLK.
This business has been in the present hands for the past 14 years & indeed in the same family since 1985.
* CONTRACT WITH PORT OF FELIXTOWE for all type of glass supply & Fit
The company is actively involved in glass supply & fittings in respect of all aspect of glass, however they are not involved in the sale & installation of UPVC windows & doors & in our opinion there is terrific potential for this to be added to the current business.
The premises are situated on a small industrial estate comprising 2 units combined in the region of 1,550 sq. ft. in total.
Ground floor concrete floor, glass cutting equipment, 2 glass polishers, 2 glass grinders & various other tools.Turnover :
WE ARE INFORMED the turnover is in the region of £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st March, 2018 showed £110,500 with a gross profit of £85,000.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £400,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £75,000 Freehold : £400,000 (M4873)
Is accommodation included?:
Parking space for 6 cars