ESTABLISHED SIGN MAKING BUSINESS BRIGHTON, EAST SUSSEX

Brighton, East Sussex

Status

FOR SALE

Date Submitted:

22/04/21

Advert ID

275535

Reference

6564M / Rightbiz
Leasehold: £60,000
Annual Rent: £8,500
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

Rocket Signs and Designs Limited was founded by the current vendors over 21 years ago and during this time have created a strong, loyal commercial base, as well as individual footfall  intake due to its ideal location on a busy main road in a densely populated area. They provide a variety of signage and design which include shop front vinyls and fascias, vehicle signage, builders’ site boards, safety boards, banners and printed & embroidered t-shirts and workwear. The business is rated 5* on Google Reviews and clearly has an excellent reputation in the city. The business now only comes to the market, due to the vendors wish to retire.

THE PREMISES: The business is located on a bustling main road adjacent to many multiples and other retail outlets. The store benefits from a high footfall and is located close to a number of main bus stops and there is street parking readily available for customers. The premises consist of a large retail space, which includes a work bench and office space, with the service counter at the very front of the shop. To the rear of the premises is a mezzanine floor which is used to stock the vinyls. At the rear of the premises is access to a large basement. The front room in the basement is used as a workroom for  larger pieces of work and is fully equipped. Our clients have confirmed that all fixtures and fittings are owned by themselves and will be included in the sale. To the rear of the basement is additional storage, kitchenette and bathroom. There is also access to a small garden.

TURNOVER: Trading accounts are available upon request for bona fide purchasers. The business currently trades Monday to Friday 9am-5pm The vendors work full time in the business and could offer a handover period if necessary.  

TENURE: The entire ground floor and basement are held on a full repairing and insuring lease which has 2 years currently remaining at a current rental of £8,500 per annum. The landlord has confirmed that they will grant a new lease should this be required.

RATES: The business receives the benefit of the Small Business Rate Relief and the amount payable at the present time is zero.  Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: This business was personally inspected by the vendor’s sole agents who can thoroughly recommend this as being an extremely well run professional business, which will produce sound profits.  Long standing business, with an excellent reputation. Ideally located on a busy main road and with on street parking available.

PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings a £60,000 SAV (Stock estimated at £15,000)

 LEGAL FEES:  Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the staff without a prior appointment through the vendor’s sole agents, Watkins Commercial, Telephone: 01273 709090. 

 ENERGY PERFORMANCE CERTIFICATE:  The property is rated a Band E, the full report is available on request. A PAT certificate is also available, current one viable until October 2022.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

 

Key Features
  • Accounts Available
  • Small Business
  • Retirement Sale
  • Prime Location
  • Established Business
  • Town Centre location
  • Attractive Business
Contact Agent
Advert Reference:
6564M / Rightbiz
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