Business for Sale in Prominent position in popular location/area. LONG ESTABLISHED BUILDERS MERCHANTS WITH FLAT, NR BRIDGEND

Freehold Price £800,000

Key Information

Reference
D35649J
Tenure
Freehold
Status
For Sale
Region
South Wales
Sector
Builders Merchants
Annual Sales
£150,000.00 Exc. VAT
Rent Payable
N/A
Business Rates
Advised £54 p.a.
Accommodation
3 Bed, Self Contained Flat, currently let £825p/m.
  • 40 YEAR ESTABLISHED BUSINESS
  • RETIREMENT SALE OPPORTUNITY
  • WELL- KNOWN & LOCALLY WELL RESPECTED
  • GOOD SIZED PREMISES, YARDS ETC
  • NO STAFF TO HANDOVER
  • SPACIOUS, SELF-CONTAINED 3 BED FLAT INCLUDED
  • STRONG POTENTIAL TO RE-DEVELOP SALES
  • GREAT SECTOR, HIGHLY RECOMMENDED PROPOSITION!

Business Information

Retirement sale of a respected, long established (40 yrs appx) Builders Merchants business with large, versatile yards, spacious showroom, good warehouse/storage facility, plus the added bonus of a fully self contained 3 bed flat (currently let out at £825p/m).

Easily accessible, in a prominent and vibrant area for trade, less than 5 mins from the M4 motorway, just 15 mins or so from Bridgend and 25 mins appx from Cardiff.

Run by our vendors, a husband & wife team only, (so no staff to handover) sales currently are circa £150,000 p.a. with good profits advised.  The business however has enjoyed substantially higher sales levels in previous years (ie £367k in 2020) and it's felt that, for any capable and ambitious new owner/s there is the probability to swiftly return to these levels or above.

Business name, Website, Facebook page, vehicles/plant (Cabster Tipper, Bobcat 343 Loader & Halla Fork lift) are to be included in the sale, plus our vendors are happy to offer some handover help/training if required.

Coming to market for the first time in almost 40 years, this is a rare opportunity in a lucrative trading sector and one which we highly recommend for earliest consideration.

EPC Rating Business: tbc

EPC Rating Flat:  C 

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South, Mid & West Wales

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