Commercial property for sale in Cornubia Road, Widnes WA8

£995,000
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Commercial property for sale

Property description

Ref 7554 Freehold Scrap Metal Business

Blacks Brokers are pleased to bring to the market this freehold scrap metal business located in Widnes, Cheshire.


Introduction


Introductiona M Jones Scrap Metal Ltd was established in this busy industrial area of Widnes in 1959 with three generations of the family in management over the years. The business offers full scrap metal services, vehicle recycling and skip hire and operates with the following licences:

•Waste Management Site Licence
•End Of Life Vehicle Recycling Site
•Environment Licence
•Council Licence
•Carriers Licence

The site has a maximum tonnage of 24,999 tonnes of waste per year. The business is very well known in this sector and area with a strong base of regular customers in place. The business also benefits from many word of mouth recommendations. There has been little marketing done previously. A M Jones Scrap Metal Ltd has a comprehensive website in place and also has an active car parts website and eBay shop.


Location


A M Jones Scrap Metal Ltd occupies an excellent trading position within a sought after area of Widnes. The area is densely populated and close to main commuter lines. There are a number of other businesses nearby including independents as well as large multiples such as Screwfix and McDonalds. The area is well linked by the M62, M6 and M56 and free parking is available immediately outside the building.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due toil health retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Staff


The business operates with five members of full time staff in employment supporting our client working on a full time basis.


Financial details


A M Jones Scrap Metal Ltd has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 30thApril 2020 show annual turnover of £496,358 and gross profit of £145,144.Full financial information is available upon request.


Business rates


The business has a rateable value of £15,720. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This long established business occupies an enviable trading position in a highly sought after area of Widnes. Our client has secured a strong customer base and an excellent reputation. There is plenty of scope to develop the business further with the introduction of a marketing drive and focus on securing contracts with other businesses that require waste management services. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. It could also be of great interest to another similar business looking for instant expansion in this area. Early viewings are strongly advised. Business & Property: £995,000.

Please quote ref: 7554

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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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