Leasehold timber and fencing suppliers in Maidstone, Kent with no local competition
Maidstone, Kent
- Status
FOR SALE
- Advert ID
643011
- Reference
N992 / Rightbiz
- Call Agent:
- Leasehold: £95,000 (Stock at valuation)
- Rent: £38,000 (£3,167 per month)
- Turnover: £350,000 (£6,731 per week)
- Profit: Not Applicable
Business Details
LEASEHOLD TIMBER & FENCING SUPPLIERS
LOCATION
This business occupies premises adjacent to a railway yard in a village on the outskirts of Maidstone. Unopposed for some distance the business serves a wide area encompassing Maidstone, Tonbridge, Sevenoaks and the many surrounding villages.
BUSINESS
Well established family run business with no competitors for many miles in all directions. Specializing in all timber products including treated timber, sheet and internal timber plus fence panels, gates, decking and related fixtures and fittings serving both trade and public customers. The business has great potential we feel to introduce more trading lines, builders materials etc. for which there is no immediate competition.
TURNOVER
We are informed that the business takes around £350,000 per annum. @ 70% GP.
STAFF
Family run.
HOURS
7.30am - 4.00pm Mon to Fri
7.30am - 1.00pm Sat
Closed Sun
PREMISES
Secure 9,135 sq/ft concreted yard being fully steel fenced and gated (two entrances) with timber racking. Brick built store/office building comprising 1,652, ground floor with timber/product racking, sales counter with Epos sales till, shelving and product display racking. Waiting room.Â
Stairs to 1,502 sq/ft first floor: Comprising Large workshop, Lecture room, Office, 2 Sep WC's with wash basin, Kitchenette,.
The business includes a fork lift truck and a sign written 2013 Mercedes flat bed delivery truck.
TENURE
Rolling 6 year lease from 3rd march 2023. New 6 year lease available in 2029.  Rent - £38,000 VAT PA.
EPC RATING
TBA
BUSINESS RATES
TBA
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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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