Retail premises for sale in Cowen Road, Blaydon-On-Tyne NE21

£149,995
Retail premises for sale
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Property description

Business
Hilton Smythe welcomes to the market Sign Design Services ne Ltd. The business was originally founded by our client in 1992 and has seen year on year growth to the highly profitable concern it is today.

Sign Design Services ne ltd have won and will start soon the first of up to 30 sites supplying internal and external signs to Penny Petroleum around the UK including internal subway stores to half of the sites, this is a great boost to go with our already fantastic relationships we have built over the many years with subway in the north of England and borders.

The business specialise in sign writing and the manufacture and installation of large format prints for the commercial market, offering bespoke packages to client’s individual requirements. The business reports a turnover of £133,000 per annum with a good gross profit. Our client has worked hard on building the reputation of the business and is very well known and respected in this niche market.

Our client has secured contract work, worth in the region of £150,000 and £500,000 with a well-known nationally recognized take away franchise company, supplying internal and external signage to over 50 new stores. The business also refits these stores every 7 years guaranteeing continued work.

All equipment included in the sale is of the highest quality and included in the sale is a liveried van and a well-designed and user friendly website showing more information about the services offered. Our client is prepared to offer a hand over period to the new owner to assist with the smooth transition of ownership if required.

The business genuinely comes to the market as our client looks towards retirement and early viewing of this unique business venture is highly recommended.

Location
The business is located within a busy industrial area of Blaydon, Tyne and Wear

Sign Design Services ne Ltd operates from a purpose fit unit within the large and well known Blaydon Business Centre, surrounded by a plethora of complementary businesses, with ample free parking.

The business is easily accessible from the A695 and is a short distance away from the A1 motorway providing an easy commute to both the North and South of the country.

Premises
Single fronted industrial unit briefly comprising:-

Shuttered unit in business centre, main workshop is 1200 sq feet. Two offices to right side of unit, one for admin and the other for meetings.
Toilet and kitchen facilities are located inside the business centre

Equipment includes:-
8’ x 4’ cnc Router
Large format printer
Computer equipment including software,
Long wheel based van,
General tools,
Fixtures and fittings

Shuttered and alarmed unit

Tenure
We are advised leasehold
The lease is a rolling lease arrangement
Rent is £700 per month.

Hours
The business opens:-
Monday to Friday 8.00am – 5.00pm
Saturday and Sunday as required

The hours are flexible depending on workload, with some evening work undertaken.

Staff
The business is owner run and managed with the assistance of 1 full time and 1 part time member of staff.

Financial Profile
The business reports a turnover of £133,000 per annum with a good gross profit.

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For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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