Highly Regarded Crane Hire Company for Sale
Norfolk
Leasehold : £ 1,600,000
Turnover : £ 11,538 p.w.
This superb crane hire company is situated in the beautiful village of Lenwade, in Norfolk. Lenwade is a well regarded riverside village served by a village pub, general store, family butcher and post office. Norwich is approximately 11 miles away, with the market towns of Fakenham and Reepham nearby. The business benefits from being situated close to the A47 and A140 giving easy access for commuting to and from the area.
HIGHLY REGARDED CRANE HIRE COMPANY - NORFOLK
Freehold option also available for an additional £250,000
Repeat custom built on an outstanding reputation
Situated in the quaint village of Lenwade, Norfolk
Genuine reason for sale due to retirement
Early viewing essential to fully appreciate
Advised annual turnover of £600,000
17 vehicles included in the sale
Scope for further development
Local & national trade
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this fantastic crane hire company which was established by our clients around 40 years ago. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have invested time and money in the business and premises to the point where it is in full walk in condition. Our clients inform us that annual turnover currently runs at £600,000 which is derived offering the hire of a modern fleet of well maintained hydraulically controlled crawler cranes and mobile all terrain cranes, with competent and experienced operators which are trained with all types of lifting operations including demolition work, grab, piling and drag line operations. This business operates throughout London and surrounding area as well as some local work and national. Our clients are offering a wide range of vehicles within the sale which is a huge plus for a new owner as additional funds will not need to be spent on vehicles. The business enjoys a strong reputation within the local community and throughout the UK and as such has a high level of regular and repeat trade. 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.
Accommodation:
Large fenced site with approximately one acre of land, briefly comprising:
Gated entrance leading to
Single storey office building with 2x offices, rear kitchen area and toilet facilities.
Purpose built workshop with roller shutter door, disabled toilet facilities and shower, various work benches and oil fired heating system. (Used for maintaining vehicles)
Porta cabin style staff room with kitchen
Hard standing concrete areas for vehicle storage
Vehicles included in the sale:
Chevrolet Captiva - March 2011
Renualt Clio - November 2004
Renault Kangoo - January 2009
Fiat Doblo - March 2004
Renault Kangoo - December 2003
Peugeot Partner - September 2003
Transit Van - October 2010
Fork lift truck
Crawler Cranes:
IHI 26 - 65 tonne - 1991
IHI 26 - 50 tonne - 1997
Hitachi - 40 tonne - 1988
Sumitomo - 50 tonne - 1991
Sumitomo - 40 tonne - 1990
Mobile Cranes:
Grove Coles - 55 tonne - 2005
Terex PPM - 35 tonne - 2005
Terex PPM - 35 tonne - 2002
Terex Demag - 35 tonne- 2006
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Tenure:
Leasehold
Terms to be discussed
Freehold option also available
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