Established Printing Company In Ashington Northumberland | | Ashington Northumberland | | Printing business. Ashington, Northumberland T/O: £154,000 GP: 63% Huge scope Loyal customer base Densely populated residential area Consistent turnover and profit 2-bedroom accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 73077
ADVERT IMPRESSIONS : 5,307 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Printers & Print Shops | | SALE: | Agent Sale | FREEHOLD: | £280,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Park Printing occupies substantial 2-storey mid-parade premises, ideally located in a densely populated residential area in the town of Ashington, Northumberland. The premises benefit from ample on-street parking and are just a short distance from the town centre, which possesses a wealth of complementary shops and businesses. The town's amenities and attractions are in the vicinity, including schools and shopping centres. The area is well-served by public transport links with numerous bus stops close-by and the railway station is 4 miles away. The premises are easily accessed via the A-road network, including the A189 and the A1. The town is popular with commuters and is a desirable place in which to live and work. Blyth is approximately 7 miles away, while Newcastle lies 15 miles to the south.
Business History
Preferred Commercial is delighted to offer for sale this busy printers which has been in our clients' careful hands since 1976. The shop is only now offered to the market due to our clients' wish to retire. The business trades 6 days a week and generates a turnover in the region of £154,000 per annum with a gross profit of 63%. As well as providing copying and print finishing services, such as folding, drilling, stitching and stapling, the business offers general and wedding stationery. We feel the turnover could be further increased by embarking on a modest marketing campaign and perhaps by employing sales reps. There is also scope for full in house colour printing, as this is currently outsourced, and would increase the turnover. The business has an enviable reputation and enjoys a loyal customer base with much repeat trade. There is a website in place advertising the business and services provided. The premises are well-equipped to suit the trade and boast 2-bedroom accommodation to the first floor, which is currently used for storage. This is an ideal opportunity to acquire an already popular printers with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £154,000 approx.
GP: 63%
Opening Hours
Mon - Fri: 9:00am to 5:00pm
Sat: 9:15am to 12:45pm
Sun: Closed
Accommodation Details
Substantial 2-storey mid-parade premises with 2-bedroom accommodation. Briefly comprising:
Ground Floor
• Reception and office with counter, electronic cash register, desks, 2 x card machines, 2 x electric stapling machines and shelving
• Workshop with racking and shelving, storage area, 4 x cabinets for type cases, 2 x digital colour printers, 2 x platen letter press printers, hot metal linotype 79, crimping machine, guillotine (single phase), Riso RP3700 mono printer, stitcher, Xante platemaker, and Heidelberg 2-colour plate printer
• Ladies and gents WCs with wash hand basins
First Floor
• Double bedroom, currently with A3 folding machine, drilling machine (paper), paper and leaflets storage area
• Lounge, currently with preparation tables, collating machine, booklet machine (folds and staples)
• Kitchen with electric oven, gas combi boiler and sink unit, currently used for storage
• Single bedroom, currently with 7 cabinets
• Bathroom with bath, WC and wash hand basin
External
• Rear yard
• On-street parking
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2999 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
