Commercial property for sale in New Road, Kidderminster DY10

£35,000
Commercial property for sale
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Property description

Ref 6704 – Leasehold Swimming Pool Engineers
Blacks Brokers are pleased to bring to the market this leasehold swimming pool engineers business based in Kidderminster, Worcestershire.


Introduction


Murtec icd has been trading since 1987. Our client established the business due to the lack of competition in this area of Worcester. The business is well known within this sector and has a good reputation in the area with a large base of regular customers – some of which are contract customers both corporate and residential. Our client has established a comprehensive website and strong online presence.


Location


The business is positioned in the centre of Kidderminster close to a range of local businesses and large multiples. The area is well linked by the M5 with good links to the M42 and M40. Public transport links are good and free parking is available in the immediate vicinity.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale.


Lease


The current lease runs at a cost of £131 per week.


Building layout and design


Murtec icd operates from a large shared property where office space is let as required. Murtec icd occupies a large space comprising of two offices, storage areas and a kitchen/utility area. The sale also includes two commercial vehicles – both Vauxhall Vivaros.


Staff


The business is currently operating with six members of staff in employment supporting our client working on a full time basis. This includes two full time engineers and one sales manager.


Financial details


Murtec icd has traded well during its long and impressive trading history. Accounts for year ending 31st March 2019 show annual turnover of £260,163 and gross profit of £96,414. Full financial details are available upon viewing.


Business rates


The business has a rateable value of £10,200. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This leasehold business has a long trading history and a superb reputation with many repeat customers. There is plenty of scope to develop the business further with more marketing in the building sector and holiday camp maintenance contracts. This proposition would ideally suit an owner operator or team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £35,000.

Please quote ref: 6704

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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