Construction Fixings Unit 7 Bracewell Avenue, Poulton, Lancashire, FY6 8JF

Property description

The business supplies and distributes a large range of professional grade fixing and fasteners products to the local and national market with BSEN1S09001 accreditation The product range includes heavy duty anchor bolt anchors, bolting products, general fixings, screws, nails, power tool accessories and a licensed branded chemical anchoring system The products are sold worldwide and are specified by architects and structural engineers with approximately 50% of the trade to this specialist market and the remaining 50% to the general construction industry. Operating from modern industrial unit at Poulton the business could be 'bolted on' to any existing operation from any location The business has been established since 2000 with a professional designed web site with full catalogue information and production specification. Tuition available. LOCATION High profile location on Bracewell Avenue which is to the East of Poulton Industrial Estate off Garstang Road ACCOMMODATION Modern warehouse units with sales showroom/trade counter, warehouse and offices approximately 5500 sq ft Exterior: Large customer parking BUSINESS The business is owner operated plus 1 full time operations manager and 1 full time warehouse/driver together with the owners wife on the accounts department. Fully computerised sales invoice and ordering system. Extracts from the accounts for 2007 confirm a turnover of £337,500 with gross margins of 55%. The vendor confirms the turnover for year ending 2008 is in the region of £400,000. A full inventory will be prepared prior to exchange of contracts. TENURE: Leasehold, existing lease expires November 2009, rent £20,000 per annum. STOCK: Stock at valuation approximately £80,000 @ cost