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Established Engineering Company - Carmarthenshire for Sale

Llanelli, Wales-Dyfed

Leasehold : 195,000
Turnover : 3,191 p.w.

This superb engineering company is located on an industrial/business park just outside the village of Cross Hands, Carmarthenshire. The business benefits from private parking and is surrounded by a variety of complementary businesses.

The premises are within close proximity to local amenities and there are regular buses running through the area. The business boasts easy access to the A-road network and the M4 motorway is approximately 4 miles away. Cross Hands is a rural village set in picturesque countryside and is a popular tourist destination. Ammanford lies approximately 6 miles away and Llanelli is 9 miles to the south.

Situated on a secure industrial estate in Cross Hands
Long established and highly reputed business
Early viewing essential to fully appreciate
Advised annual turnover of 165,925
Genuine reason for sale
Huge growth potential
2 lock up units

Business History

Meridian Business Sales are delighted to offer for sale this highly regarded engineering company which was established by our clients in 1997.

Our clients are reluctantly offering the business to the market due to their desire to take well deserved retirement. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business.

Our clients inform us that annual turnover currently ruins at 165,925 which is derived from providing quality control and component rectification services such as ultra sonic degreasing, shot blasting, inspections, co-ordinate measuring to name just a few.

Our clients advise us that they currently turn down work as they run the business to suit themselves, but due to their great reputation it would take very little effort to increase the business and turnover. The business enjoys many secure contracts.

Many of these reliable customers using the services for 10 or more years. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Trading Hours: Monday: 6:30am - 5:00pm
Tuesday: 6:30am - 5:00pm
Wednesday: 6:30am - 5:00pm
Thursday: 6:30am - 5:00pm
Friday: 6:30am - 5:00pm
Weekends as required
Accommodation: Located on a small industrial estate on a huge retail/business park

The site has 27 small units of which Product Engineering rent 2x units numbers 7&10.

No 7 is used for storage

No 10 is registered address for the Limited company.

Both units are block built with steel fabricated structure with steel sheets on the roof.

No 10 is accessible through sliding steel door (1,200sqft) with main workshop area, WC with wash basin and an office area with 3 work stations.

No 7 is an office and assembly with toilet facilities used for the assembly of components and storage (700sqft) accessible through 2 steel doors.

2 parking spaces

Tenure: Leasehold
Original length: Rolling lease
Rent: 2 units: 1x 420pm, 1x 240pm

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425 Advert ID 34930    Sellers Ref : 2927/BSOL

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