Precision Engineering for sale in Deal

View the "Precision Engineering Asset and Lease Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Leasehold Price: £34,995
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Business Description
BUSINESS
Hilton Smythe are delighted to offer to the market this rare opportunity to purchase a quality range of assets. industrial unit with excellent lease arrangements and our client will also hand over current jobs and help establish any new buyer in this thriving area.

Currently the premise is occupied by a long-standing Metal Fabrication business, established over 15 years ago and purchased by our client in 2016.  The premise would be ideal for a purchaser working in a similar field to take advantage of the assets included in the sale valued in the region of £30,000.

This opportunity comes to the market as our client lives in London, the owner feels this business and workshop would be best suited to someone wanting to work and live in the Kent area.

This current respected local business is known for making bespoke railings, gates, steel beams, bespoke garden furniture, indoor designed furniture and tables, balustrades and general pieces requiring precision engineering of metal.

A new website, some local advertising, links with deal business groups would help confirm local trade.

The size of the premise circa 542sq m would easily allow additional staff to be added.

The business is currently trading as a Limited Company, however the name and limited company are not included in the sale.

LOCATION
This fantastic opportunity is located in Deal, Kent.

Located on an industrial estate behind a residential area. There are several businesses such as Jewson's and a timber merchants.  This sea side resort attracts a lot of tourists, with its beautiful pebbled beach and great tourist attractions. The industrial unit is just a short drive from the town centre which is very busy and attracts a high amount of daily footfall and passing trade.

The premise is located just off Western Road which runs to the A258 which links to central Dover. There are several bus stops on the main road, within easy walking distance. The closest train station is also just a short walk from the business.

There are over 500 new homes being built in the area, the nearest development on the same road as the industrial site.

PREMISES
Industrial unit circa 542sq m. The property is well secured with a steel door. Above the door at the front is a large sign.

There is a great amount of equipment worth around £30,000 new.

Equipment included in the sale is as follows-

1 x DC welding plant (276 amps output)

1 x high frequency welding plants (240 volts)

1x MIG welding plant (240 volt)

1 x cut off machine (240 ml)

1 x large pedestal grinder (3 phase)

1 x pipe threading machine (110 volt)

1 x small pedestal grinder (3 phase)

1 x plasma cutting machine (3 phase)

1 x Colchester lathe (1600 mm long)

1 x 2 tonne lifting frame

1 x fume extractor

1 x drill press

1 x magnetic drill (110 volt)

1 x hand operated bearing press

1 large work bench (3 m x 8 m)

1 x smaller work bench (4 m x 900 mm)

1 x Hydraulic pipe bender

2 x pallet trucks

Row of bar shelving

Lighting equipment

 

 

TENURE
The business is being sold as a leasehold opportunity.

5 year lease with Dover council as of February 2017.

Rent just £3,000 per year.

HOURS
N/A

STAFF
N/A

FINANCIAL PROFILE
N/A


Tenure: Leasehold

Listed by: Hilton Smythe
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