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Scrap Metal Merchant In Lancashire

Rochdale Lancashire
Scrap Metal Merchants Rochdale, Lancashire T/O: £800,000 GP: 30% Scope to improve turnover Well equipped Established business
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 55173
ADVERT IMPRESSIONS : 23,260 TIME(S)

 
BUSINESS SECTOR: Commercial Property
TRADE TYPE: Industrial Sites & Units
SALE: Agent Sale

FREEHOLD:

£950000
 

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BUSINESS DETAILS:

Location
Britannia Metals occupies substantial detached premises ideally located on the outskirts of Rochdale, Lancashire. The premises are situated close to the local bus route and there are a number of complementary businesses in the area. The business has good access to Rochdale town centre and the A58. Rochdale is a large market town and is well known for its manufacturing. Rochdale is also the setting for the popular television series Waterloo Road, with many of the out-of-school scenes being shot around the town. The premises are close to junction 20 of the M62 motorway, which is approximately 3 miles away and Manchester city centre, which is 13 miles to the south.

Business History
Preferred Commercial is delighted to offer for sale this busy scrap metal merchants, which was established in 1940 and has been in our client's careful hands since 1997, when the business traded from premises based in Heywood. Due to a compulsory purchase order in 2002, our client moved to the current site in Rochdale. The business is only now offered for sale due to our client's wish to retire. Britannia Metals current activities include buying scrap metals, both ferrous and non-ferrous, such as brass, zinc, lead, copper etc., which is then sold on to a smelting company. The business also purchases scrap cars and are able to offer factory clearances using the 2 x 7.5 tonne wagons. This generates a turnover in the region of £800,000 per annum, with a gross profit of 30%. Our client is confident that this will grow to over £1,000,000 per annum, as trade has been increasing substantially year on year. The business has a web site in place containing information on available services, location and contact details. The premises may be of interest to housing developers, subject to necessary planning consent. We feel this is an ideal prospect to acquire a profitable and growing business, which offers the new owner a walk in and trade opportunity. Early negotiations with Preferred Commercial come strongly recommended.

Financial Details
T/O: £800,000 approx.
GP: 30%

Opening Hours
Mon - Fri: 7.45am to 5.45pm
Sat: 9.00am to 2.45pm
Sun: 10.00am to 1.45pm

Accommodation Details
Predominately single storey, with partial first floor, brick built detached property with large compound and parking area. Briefly comprising:

Ground Floor
• Storage room with various metal bins and skips
• Trade counter with staff canteen to rear
• Office
• Main workshop purpose fitted to suit trade including 2 x metal croppers, metal bailer, 2 x wire strippers, gas forklift truck, electric forklift truck, 3 x pallet trucks, steam cleaner, compressor, tyre machine, electric welder, grinder and various hand tools

Lower Ground Floor
• Storage room

First Floor
• 2 x storerooms
• 2 x offices
• WC with wash basin

External
• Large compound to side with weigh bridge and platform scales
• Large bailer
• 14 skips
• Parking area

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2045 / RightBiz
   
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