Business description

The business was established by our client in 1992 and specialises in the design, manufacture and installation of aluminium windows, doors and shop fronts. Mainly commercial and local authority customers are accommodated, with the business boasting an impressive client base and portfolio of work. The business has been gently traded by choice offering considerable scope to increase trade; the business is almost unopposed in the region. The aluminium market is mainly commercial with occasional private work, especially for listed and historic properties, of which there are a number in the trading area. The sale presents an opportunity to acquire a highly regarded and successful business; an ideal ‘bolt-on’ for an existing window fitter or property maintenance company looking to diversify. Our client is offering generous hand over terms and on-going support to a new owner. Viewing is strongly recommended

Property information

Property:

Leasehold

Lease terms:

Our client advises us that the property is held on a 10 year renewable Lease.
5 years remaining from 2009.
Reviews every 5 years
Rent £10,800
Rates £5,772

Leasehold rent:

£10,800 per annum

Location:

The business is operated from a small industrial estate on the eastern fringes of Bristol, with excellent access to the M5 and M4 motorways and other major routes throughout the Bristol, Somerset, Wiltshhire, Gloucestershire and South Wales regions. Occasional work is undertaken further a field.

Premises details:

The business occupies a well presented light industrial unit of approximately 2,000sqft which comprises a workshop and storage areas. There is a ground floor office and staff room, W.C and first floor/mezzanine office suite. To the front of the property there is an enclosed forecourt with parking for 5-6 cars.

Other information

Expansion potential:

Our client feels that there is excellent scope to increase turnover and profits through additional marketing and advertising. Our client has deliberately avoided tendering for contracts with a value in excess of £150,000 and also feels that there is clear scope to accept work from NHS hospitals and more schools.

Reasons for selling:

Retirement