GENERAL & PRECISION ENGINEERING COMPANY in busy commercial location COVENTRY

Coventry, Warwickshire

Ref: 120123

Leasehold £125,000
Status For Sale

Key Features

  • Generating turnover £180,000pa on 5-day week
  • An ideal commercial location near major transport links
  • Spacious industrial workshop premises
  • Fitted and equipped to high specs
  • Long standing reputation and regular client base
  • Lots of further potential for 'hands on' operator
  • Excellent acquisition for expanding engineering solutions provider
  • Long secure new lease available
  • Very competitively priced for genuine retirement sale after many years
  • Viewing highly recommended
  • AdvertText

    Currently achieving T/o £180,000pa on 5-day week * An excellent commercial location * Spacious industrial workshop premises fitted to high specs * Enviable reputation & long-standing client base * Lots of further potential for 'hands on' operator * Ideal acquisition for expanding engineering solutions provider * Extensive inventory of trade equipment & fittings included * Long secure new lease available * Sensibly priced for genuine retirement sale after many years * Early interest strongly advised REF MOB1188

    Location

    The subject premises occupy an ideal and very convenient trading position among other independent operators in a thriving commercial area situated with excellent access to major road and motorway links on the outskirts of the vibrant and historic city of Coventry in the Warwickshire quarter of the West Midlands.

    Business Description

    This very long established and highly regarded, family-run business is currently primarily equipped to high CNC industry specifications for the provision of of wide range of bespoke general and precision engineering services for a broad range of applications.

    The business is particularly renowned for the production of precision tools and machine components in steel, stainless-steel, cast iron and all non-ferrous metals, currently on a "one off" (prototype) small and medium batch basis, with metal casting services also available.

    The company provides its services for a long-standing and still-expanding, repeat and referral client base in a broad spectrum of industry sectors drawn largely from throughout the local surrounding area, and operates from premises of a size which would would naturally furnish any ambitious and enthusiastic 'hands on' purchaser with considerable scope for continued growth, and a return to previously much higher levels of turnover, not least with regard to possible investment in additional staff in order to exploit the full potential capacity of its facilities.

    The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing services, not least with regard to the possible introduction of online advertising, and to the development of a social media presence, in order to improve upon the already impressive levels of turnover it has achieved since being established in its present form more than forty highly successful years ago by the current family proprietors.

    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 engineering solutions services market by he acquisition of a dynamic and extremely well located additional independent operator with a valuable name in the industry, an already impressive regular client base and a very healthy volume of ongoing and future projects.

    The business is run on a day-to-day basis by the current founding proprietors, with the aid only of a small, experienced and motivated team of one full-time and one part-time staff, and we would strongly urge any genuine interested parties to purse the earliest possible enquiries to avoid disappointment.

    Property Description

    Affording easy vehicle access for deliveries and despatches by means of large and electrically-operated steel industrial roller shutter doors, with separate personnel entrance, these substantial and well maintained leasehold commercial premises provide excellent and highly functional internal business accommodation to the GROUND FLOOR, which briefly comprises the main, open-plan and well-lit engineering workshop.

    Extending to approximately 3,000 square feet in total, the workshop enjoys the benefit of a 3-phase electric power supply and boasts concrete flooring, high apex ceiling, various workbench areas and a full range of well maintained, industry standard manual and CNC milling, grinding, turning and metal casting systems, all of which we understand is to be included in the sale price and further details of which will be made available upon request to any genuine interested parties.

    The ground-floor workshop premises also afford staircase access to a substantial MEZZANINE LEVEL, which we are advised extends to some 2,000 additional square feet and is currently employed for storage purposes.

    The premises also feature a small, fully furnished and equipped private and general administration office with telephone and full complement of industry-specific business management systems, with further ancillary accommodation consisting of a staff kitchen/restroom area together with separate male and female washroom/WC facilities.

    The premises also enjoy the benefit of a 3-phase electric power supply, in addition to the added safety and security benefit of a CCTV monitoring system.

    EXTERNALLY

    Occupying an ideal and very convenient trading position among other independent operators in a strategically-located commercial area situated with excellent access to major road and motorway links on the outskirts of Coventry in the West Midlands, to the exterior the premises enjoy the use of a substantial forecourt parking and loading bay area with perimeter fencing and secure gated access.

    Fixtures & Fittings

    The business is fitted to high industry specifications throughout and an extensive and valuable inventory of all the well maintained trade and ancillary equipment and fittings necessary for the successful operating of the business is to be included in the sale price, further details of which will be made available upon request to any genuine interested parties.

    Enquire about this business

    Kelly Hill
    HeadOffice

    Ref: 120123

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