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Established Precision And General Light Engineering Company For Sale

Taunton Somerset
Established in 1981 and offering an engineering service in Somerset and Devon. There has been one previous owner, who on retirement in 2002 was succeeded by the present vendor, who is now also retiring. The average turnover is in the order of £120, 000. Lease to let or rent Established Precision And General Light Engineering Company For Sale is located in Somerset.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 49226
ADVERT IMPRESSIONS : 10,435 TIME(S)

 
BUSINESS SECTOR: Manufacturing / Engineering
TRADE TYPE: Toolmakers & Precision
SALE: Private Sale

ANNUAL RENT:

£2751.00
 

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BUSINESS DETAILS:

The company is situated on a small industrial estate with private parking and within walking distance of Taunton railway station. The company offers a service in tool making, repairs and the manufacture of spare parts and new parts to the drawing requirements of the customer. Customers range from large companies to individuals, the company customer base being extensive and including many very well known local industries. The company offers a service which is unique in the Taunton area and prides itself on being able to offer a short turn around repair service. The vendor, who is a fully qualified time served precision engineer, is in overall control of the business; and is assisted by a family member, who working part time, undertakes all the clerical work. There are also 2 full-time fully qualified time served precision engineers who joined the company in 1984 and 1992. There are 3 Series 1 Bridgeport Milling Machines, each with digital readouts, dividing heads and rotary table and 2 Colchester 2000 Lathes. All other associated tooling and equipment is included. The premises are leasehold and held on a 3 year lease. The present lease expires on 31 March, 2012. The rent is reviewed every 3 years, the current rent being £2751. 00 per annum. The rateable value of the premises is £3000 and the rates payable to Taunton Deane Borough Council are £516. 65 for 2010/11. The premises consist of an entrance lobby and customer counter, work shop measuring 45. 80 square meters, store/staff area measuring 21. 50 square meters, an inner office and washroom and toilet. This business is ideally suited to a couple and offers opportunities for office work to be undertaken on site or from home and would thus fit in well with family life.

For further details please contact -
Knightsbridge Business Sales PLC
Oceanic House
Navigation Park
Waters Meeting Road
Bolton
Lancashire
BL1 8SW

Tel: 01204 555050.
   
  FOR SALE
   

REFERENCE:

49226 / RightBiz
   
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