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Popular Outdoor Furniture Business In Rural Lancashire

Undisclosed Lancashire
Outdoor Furniture Manufacturer. Lancashire. T/O: £ 500,000 Established business. Well-equipped . Loyal customer base. Spacious workshops. Substantial detached unit. Prime location.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 65739
ADVERT IMPRESSIONS : 13,189 TIME(S)

 
BUSINESS SECTOR: Manufacturing / Engineering
TRADE TYPE: Furniture Manufacturers
SALE: Agent Sale

LEASEHOLD:

£300,000
 

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BUSINESS DETAILS:

Location
This popular outdoor furniture business occupies substantial detached premises, ideally located in a charming village in rural Lancashire. The business boasts views over open countryside and benefits from extensive on-site parking. There are several shops, businesses and amenities in the vicinity, while the neighbouring town lies approximately 3 miles away. Lancashire is a thriving area in which to live and work and is famous for its former mining and cotton industry. There is easy access to the A-road network and the M6 motorway lies a short distance away.

Business History
Preferred Commercial is pleased to offer for sale this busy outdoor furniture business, which was established by our clients in 1997 and which is only now being placed on the market due to our client's other business interests. The business trades 5-days per week and generates a turnover in the region of £500,000 per annum, derived from manufacturing and supplying high-quality outdoor furniture, in and around the UK. We feel that turnover could be increased by extending the opening times. The business is renowned for offering bespoke products, which include garden furniture, flooring and decking. The majority of custom comes from breweries, hotels, restaurants, sporting venues, private homes and the public sector. The business benefits from FSC accreditation and a high quality website. The substantial detached premises benefits from numerous workshops and assembly areas, along with ample storage. Our clients have developed an excellent reputation and a loyal customer, which ensures much repeat trade. We are advised by our client that with the right investment, this business could corner the whole market, as no other manufacturer offers bespoke items and a market leading brand. We feel this represents an ideal opportunity to acquire a thriving and individual outdoor furniture business, which is well-equipped and in a walk-in-and-trade condition. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £500,000 approx.

Opening Hours
Mon - Fri: 8.30am - 5.00pm
Sat - Sun: Closed

Accommodation Details
Substantial single storey detached premises, set in its own grounds with extensive parking. Briefly comprising:

Ground Floor
• Main office with desks and chairs, 2 x computers, filing cabinets, telephone and fax machine
• Office with desk, computer and shelving
• Main store with workshop, 2 fork lift trucks, storage area, various tools and equipment
• Workshop and assembly room 1: 2 x work stations with various tools and equipment
• Workshop and assembly room 2: 2 x work stations with various tools and equipment
• WC with wash basin
• Kitchen/canteen with tables and chairs

External
• Extensive parking
• Large delivery van included in sale

Tenure
Leasehold
Original length: 10 years
Remaining lease length: 8 years
Rent review: every 5 years
Rent: £18,378 per annum
   
  FOR SALE
   

REFERENCE:

2577 / RightBiz
   
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