Bridgend Builders Merchants Business with Flat For Sale, Retirement Forces Sale
Undisclosed
- Status
FOR SALE
- Date Submitted:
23/02/24
- Advert ID
607273
- Reference
D35649J / Rightbiz
- Call Agent:
- Freehold: £800,000 (Stock at valuation)
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: Not Applicable
Key Features
- Potential for Alternative Use
- Prime Location
- Fully Fitted
- Retirement Sale
- Trade Gardens Available
- Offers Invited
- Established Business
- Unique Business
- Close to Local Amenities
- Accounts Available
- Ideal for Full Refurbishment
- Open Plan Trading Area
Business Details
LONG ESTABLISHED BUILDERS MERCHANTS WITH FLAT, NR BRIDGEND
Key Features:
- 40 YEAR ESTABLISHED BUSINESS
- RETIREMENT SALE OPPORTUNITY
- WELL- KNOWN & LOCALLY WELL RESPECTED
- GOOD SIZED PREMISES, YARDS ETC
- NO STAFF TO HANDOVER
- SPACIOUS, SELF-CONTAINED 3 BED FLAT INCLUDED
- STRONG POTENTIAL TO RE-DEVELOP SALES
- GREAT SECTOR, HIGHLY RECOMMENDED PROPOSITION!
Retirement sale of a respected, long established (40 yrs appx) Builders Merchants business with large, versatile yards, spacious showroom, good warehouse/storage facility, plus the added bonus of a fully self contained 3 bed flat (currently let out at £825p/m).
Easily accessible, in a prominent and vibrant area for trade, less than 5 mins from the M4 motorway, just 15 mins or so from Bridgend and 25 mins appx from Cardiff.
Run by our vendors, a husband & wife team only, (so no staff to handover) sales currently are circa £150,000 p.a. with good profits advised. The business however has enjoyed substantially higher sales levels in previous years (ie £367k in 2020) and it's felt that, for any capable and ambitious new owner/s there is the probability to swiftly return to these levels or above.
Business name, Website, Facebook page, vehicles/plant (Cabster Tipper, Bobcat 343 Loader & Halla Fork lift) are to be included in the sale, plus our vendors are happy to offer some handover help/training if required.
Coming to market for the first time in almost 40 years, this is a rare opportunity in a lucrative trading sector and one which we highly recommend for earliest consideration.
EPC Rating Business: tbc
EPC Rating Flat: C
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01633 868609.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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