Business for Sale in West Suffolk Window & Conservatory Company (Confidential Sale)

Key Information

Reference

M34889E

Tenure

Leasehold

Status

For Sale

Region

Suffolk

Sector

Windows And Conservatories Businesses

Annual Sales

£500,000.00 Exc. VAT

Rent Payable

£20,190 + VAT per annum.

Business Rates

£7,859 per annum.

Accommodation

No

Business Information

CONFIDENTIAL SALE: Window & Conservatory Company located in West Suffolk. Established for over 40 years with a turnover in excess of £500,000, the business enjoys limited competition locally. The sale includes the business assets and the lease of the premises will be assigned to the new owner. This is an excellent opportunity for an existing business looking for an add-on or expansion and its strong profit levels indicate a healthy financial standing. The fully fitted showroom highlights the business's readiness for immediate operation and is ideally located for Norwich, Ipswich, and Bedford. Contact EMF for further information.

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ADDITIONAL INFORMATION

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL SALE: This listing is confidential at the vendor's request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used Ipswich Train Station's postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.

REFERENCE NUMBER: M34889E.

OPENING HOURS: Usual office opening hours of 9:00am to 5:00pm Monday to Friday. Closed Saturday and Sunday.

TENURE: Leasehold. 10 year lease running from 07/11/2019.

The purchaser will be responsible for any landlords costs and fees in connection with the lease although none are expected as the lease is held in the name of the company to be sold.

RENT PAYABLE: £20,190 + VAT per annum. We understand that the next rent review is due in November 2024.

RATES PAYABLE: £7,859 per annum.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: Three staff at the time of instruction (Manager, Assistant and Administrator).

EPC: The EPC shows an ‘E’/’102' rating. Full energy performance certificate available on request - subject to a non-disclosure form being completed.

PRICE: £295,000.

For the benefit of the leasehold, goodwill of the business, fixtures, fittings, equipment and business assets. Sale to be by the way of a company share sale on a cash free/debt free basis, with the price being net of any working capital provision. The lease on the business premises to be assigned to the buyer. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

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DISCLAIMER

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.