LONG ESTABLISHED PRECISION ENGINEERING BUSINESS IN FALMOUTH

Highly regarded automotive & marine precision component repairs specialist with long established reputation & trade client base currently run single-handed on 5-day week from extremely well fitted double industrial workshop & office premises in excellent commercial location. Comes with VAST inventory of tools & equipment included & HUGE scope to develop for 'hands on' operator or ideal acquisition for expanding precision engineering solutions provider. Sensibly priced for genuine retirement sale after many years successful trading in same hands with handover period available & early interest strongly advised REF 1664

The subject premises occupy an ideal and very convenient trading position with excellent access to the main A39 and A394 tourist routes on a thriving light industrial estate situated on the outskirts of the vibrant and historic harbour and estuary town of Falmouth, on the southern coast of Cornwall.

We are delighted to present this excellent opportunity to acquire a thriving commercial proposition of real quality and outstanding future possibilities, which we are confident you will agree represents genuine value.

This very long established and highly regarded precision engineering solutions provider currently specialises in the fast-turnaround repair and refurbishment of high tolerance precision tooling for all manner of engineering applications, with its former full, design-to-completion component manufacturing services having been almost completely wound down over recent years due only to the impending retirement of the current proprietor which prompts this present sale.

“TRG Engineering” provides its services for a long-standing repeat and referral client base, including major operators in the automotive and marine industry drawn from throughout a wide surrounding catchment area, and operates from premises of a size which would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, and a return to previously much higher levels of turnover, not least with regard to the possible re-introduction of full tool and component fabrication services and to possible investment in staff in order to exploit the full potential production capacity of its facilities.

The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing services, particularly with reference to the possible introduction of online advertising, in order to improve upon the already impressive levels of turnover it has achieved since being established more than forty highly successful years ago by the current sole proprietor, who we understand would be willing to offer an initial period of support to ensure a smooth and successful transition if required.

Alternatively, this versatile proposition would most certainly appeal to some similar-sized or larger allied enterprise looking to very significantly increase its existing share of the diverse professional precision engineering solutions services market by the acquisition of an extremely well located additional independent operator with a valuable name in the industry and a very long established client base, and we would strongly urge any genuine interested parties to pursue the earliest possible enquiries.

Affording easy access for deliveries and despatches by means of large, full-height steel industrial doors, the business operates from substantial and extremely well fitted double commercial premises (units 3 and 4 Tregoniggie Industrial Estate).

The premises provide outstanding and highly functional internal business accommodation to the GROUND FLOOR, which briefly comprises two separate, bright and well appointed engineering workshop areas with concrete flooring, high ceilings, diffused fluorescent lighting throughout, various workbench areas and extensive tool and materials storage racking, both of which we understand extend to approximately 1,200 square feet and include separate public/personnel entrances.

The workshops are equipped to high industry specifications with an extensive and well maintained inventory of industry standard plant including CNC lathes, horizontal boring machines, pillar drills, shot-blasting equipment, saws and tig and mig welding equipment etc., all of which we understand is to be included in the sale price, along with a VAST inventory of drills, dies, taps, gauges and fixings etc. (total estimated replacement value in excess of £250,000) and further details of which will be made available upon request to any genuine interested parties.

Further ancillary accommodation to the ground floor consists of two separate washroom/WC facilities, together with a substantial and fully-racked tool store.

The ground-floor premises also afford staircase access to a large MEZZANINE LEVEL employed as a fully furnished and equipped general administration and drawing office which we are advised extends to approximately 250 square feet with a full complement of individual workdesk stations, telephone lines and industry-specific business management systems.

The premises also enjoy the benefit of a 3-phase electricity power supply, in addition to the added security benefit of a full alarm system.

Externally:

To the exterior the premises are well signed and presented and incorporate a good-sized forecourt loading bay area providing private unrestricted off-road parking facilities for approximately eight vehicles covered by CCTV monitoring, with additional communal parking available locally.

The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price