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Civil Engineering / Water Services Company

Hereford, Herefordshire, England

  • Leasehold Price: £350,000  Price Reduced arrow_drop_down
  • Annual Turnover: £375,000
  • Annual Gross Profit: £210,000
Seller Reference: GF040
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Business Description
 
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Seller Reference: GF040
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Business Description
This company was founded by its managing director over twenty years ago. It specialises in providing trench less technology and “no dig” techniques where it would be costly, unsightly or technically challenging to carry out normal trench installations. It provides its services for the provision of conduits for water, gas, electrical, sewage and computer cabling ducts. It also provides a wide range of services to private water companies, local utilities, Local authorities, Local Councils, Housing associations, Building Companies and of course private individuals. These services include new pipes, lead pipe replacement and cable installations, moles, thrust boring, soil displacement hammers, directional drilling, pipe bursting and pipe ramming, mains water pipe replacements, sewage pipe replacements and relays, trench less technology. Water and sewage replacements for pitch fibre pipes. Septic tank emptying, CCTV reports and gulley work.

It uses a range of specialist equipment including mole boring and directional drilling equipment that allows it to operate in the most challenging of terrains.
Number of employees:
• Two director / shareholders• One general manager• One HGV driver and labourer• Two general operatives• One yardman• One part time secretary
Tenure:
Leasehold
Location Details:
The business is located on a small rural site adjacent to the private residence of the director. The site covers approximately half an acre and includes a large workshop, office area and yard for equipment storage. The vendor will consider leasing site for an annual rent of circa £25,000. Alternatively the buyer may wish to relocate the operation to a venue of their choice.
Leasehold Term:
The vendor will consider leasing site for an annual rent of circa £25,000.
Is this business relocatable:
Yes
Listed by:
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