Industrial for sale in Norwich, Norfolk NR1, £550,000

550,000.00

Offer Nr.:
58510476
Type of ad:
for Sale
Property type:
Industrial
Contact name:
Everett Masson & Furby
Phone(s):
01603 963504

* Leasehold
* Many Prestigious Clients
* Highly Well Regarded
* Maintenance & Replacement
* Expanding into East Anglia?
* Confidential Sale
* Very Profitable
* Much Repeat Business
* Busy 2020
* Ideal Acquisition
* Enquire for Full Details
_Particulars_
This is an ideal opportunity to acquire a highly regarded Commercial Heating
and Mechanical & Electrical company based in Norfolk and operating across East
Anglia. It may be particularly suited to an existing business who are looking
to expand into this busy region and who wish to acquire an extensive and
prestigious client base that includes councils, churches, solicitors, schools,
restaurants, theatres, halls, motor groups and charities to name just a few.
_The business itself_
Established over 15 years and having quickly grown into one of the most
respected commercial heating companies in the area, the business is known for
its high quality service and professional advice with many accreditation's to
reflect this such as Safe Contractor, Chas Premium Plus, and Trust Mark as
well as the usual industry standards.
Offering a range of services within this particular sector including control
systems, installations, replacements and works on behalf of domestic
landlords. This is in addition to the core maintenance service provided to
their long standing clients. There is little tendering of work with much
repeat business although there are term contracts held with local authorities.
The business enjoys a turnover close to the £1m mark with a high profit margin
which could be further enhanced if acquired by an existing business who is
able to provide efficiency savings by pooling resources.
_Accommodation_
_all measurements are approximate and for guidance only. _
The company has recently moved into new premises in an ideal location in
Norfolk which provides offices, meeting room, staff facilities, storage and
parking.
The 5 year lease which runs from Jul 20 provides for a 3 year tenant break
clause giving flexibility to any new owner should they wish to relocate the
business to suit their own requirements.
Given that this is strictly a confidential sale only limited information has
been provided in these particulars. Any interested party will be required to
complete a non - disclosure agreement and upon receipt of which full details
will be made available.
Call em&F East Anglia now to register your interest.
_Further information_
_our reference_
M34886E.
_Opening hours_
General office hours Monday to Friday and Saturday mornings.
_Tenure_
Leasehold. 5 year lease from Jul 20 with a 3 year break clause.
The purchaser will be responsible for the landlords costs and fees in
connection with the assignment of the existing lease or for the grant of a new
one.
_Rent payable_
£18, 500 per annum inclusive of service charge.
_Rates payable_
£6, 860 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.
_Viewing_
Strictly by appointment only, please call our Norwich Office on to make an
appointment.
_Finance_
Finance may be available to suitable purchasers.
_Business to sell?_
Let us know as soon as possible! Just ask for a free no obligation valuation
and one of our valuers will carry out a detailed marketing appraisal of your
business at a time of your choice.
_Premier marketing_
We take care to present our businesses to a standard like no other. Offering
quality property particulars as well as detailed information on all of the
online portals and our own website, make your business stand out from the
crowd - call us today!
_Unhappy?_
Do you feel you are receiving the level of service promised by your agents? If
not, we would be happy to carry out a free no obligation marketing appraisal
of your business.
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 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.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: