Precision Engineering for sale in Deal

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (March 2017)
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Leasehold Price: £34,995 Turnover: £60,000 Gross Profit: £50,000
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Business Description
BUSINESS
Hilton Smythe are delighted to offer to the market Deals Metal Fabrications.

The business type was established over 15 years ago and purchased by our client in 2016. The business is only being sold 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.

The 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.

Our client will hand over current jobs and help establish any new buyer in this thriving area.

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

The size of the premises would easily allow additional staff to be added.

LOCATION
Deals Metal Fabrications is located in Deal, Kent.

The business is 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 business 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 business 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
The premise is a reasonable size and comes fully fitted. 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.

New 5 year lease with Dover council as of 2017.

Rent just £3,000 per year.

Zero business rates.

HOURS
Monday to Saturday: 8am – 4pm

STAFF
The business is just owner run and managed.

FINANCIAL PROFILE
The turnover is around £60,000 per annum, with a gross of circa 83%.


Tenure: Leasehold

Listed by: Hilton Smythe
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