Retail premises for sale in Grimsby, England, United Kingdom DN31

£475,000
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Retail premises for sale

Property description

Business
Please quote reference B07380

Established in 1987, Alpha Circle Engineering Ltd is a well established name in the industry, evolving and expanding since their inception to operate nationally. Full Machine Shop and cnc Milling, Sheetmetal workers, Stainless Steel Specialists, Food Processing Equipment Manufactures.

Over the last three and a half decades, the business has cultivated an excellent reputation thanks to their high production standards and customer service record, along with their reliability. As a result, the company has grown to operate on a national scale with multiple large active clients, a healthy financial profile, and an increasing rate of turnover year after year.

From the perspective of a potential buyer, this Alpha Circle would provide a multitude of opportunities and advantages. In particular, they would inherit an incredibly dedicated workforce and extensive list of long-lasting lucrative repeat clients. Additionally, the business is well poised to continue growing and evolving; either from a new location or the current premises, depending on the prospective buyer’s wishes.

Highlights -


  • Precision engineering company.

  • Established in 1987.

  • Based in Yorkshire and the Humber.

  • Well established in their industry.

  • Excellent reputation with clients.

  • Strong financial profile.

  • Wide range of clients in the food industry.

  • Twenty active clients at one time.

  • Highly experienced and skilled workforce.


Opportunities -


  • Scope for growth.

  • Healthy financial profile.

  • Buoyant market conditions.



Location
Alpha Circle Engineering Ltd currently operates from premises located Kesgrave Street in Grimsby.

Premises
The premises from which the business operates are leased from the current shareholders. Should the new owners wish, they may buy the premises outright or acquire a long-term lease on the property. Should a prospective buyer wish to, there would be no considerable obstacles blocking the relocation of Alpha Circle Engineering Ltd.

Tenure
Leasehold

Hours
Due to the nature of the business, it operates all year round.

Staff
Including the current shareholders of Alpha Centre Engineering Ltd, the company has a workforce of seven staff.

Financial Profile
Alpha Circle Engineering Ltd enjoys an excellent financial profile, with the company growing from strength to strength in recentyears. In particular, annual turnover for 2022 exceeded £500k, more than twice that of the prior two years.

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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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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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