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Business for Sale Overview:

This long established company was originally formed in 1979 and traded successfully in the general engineering market. The present director bought the business in 2004 and has subsequently developed the operation to cater for the needs of the niche sector that demands medium to low production runs of technical top quality high accuracy CNC machined items. Its abilities to perform to the highest standards have resulted in the business building a superb blue chip client bank of around forty customers of which twenty provide consistent levels business much of which is pre-scheduled work. These clients include the Formula 1 Motor Racing Industry, the Marine and Aviation Market and companies producing items for the Ministry of Defense.

Property Features and Assets:

The extensive premises cover a total of around 30,000 square feet. The main engineering area is circa 10,000 square feet plus a mezzanine and offices. There is parking for about thirty vehicles or the ability to expand the building. This freehold is valued at £425,000. There is an additional factory area of about 4,500 square feet which is currently used for storage purposes and commands a rental of £20,000 per annum. This could be bought from the landlord if required.