Awards, Engraving & Promotional Gifts

Norwich, Norfolk
Price: £ 110,000
Seller Reference: MKB
Asking Price: £110,000
Net Profit: £38,000
Sales Revenue: £231,000
Number of Staff: 4
Established For: 33  Years  0  Months
Ownership: Leasehold

Business Summary

Established 33 years ago this business has a great reputation and plenty of scope for expansion. Situated close to City of Norwich, with its own parking facilities, corner site of a busy road, the leasehold premises comprise of custom fitted Showroom, workshops, storage and substantial offices totalling 3000 sq. ft. Due to owner reluctantly retiring the business is ready for a new owner to move in and immediately trade and grow sales with both new and existing client base. The business has a small team of loyal and dedicated staff but owner also willing to give consultancy support if required.

One of the longest etablished, reputable and professional businesses of its kind in the UK. Owner regrettably selling due to retirement. Huge potential for new blood of management to take the business to the next level. Excellent purpose fitted premises. Secure lease....

Property Infomation

  Property: Leasehold
 
  Lease Terms: 9 year lease with 3 year breaks - 15 months elapsed to date
 
  Current Rent: £10500
 
  Living Accommodation: No
 
  Location: On a retail trading estate just off the INNER ring road of Norwich, 15 minutes walk from the City Centre of Norwich. 3 minutes walk to Go Outdoors, Halfords and 3 major Car Franchisees. Busy road position. Own Car Parking facilities.

Other Details

  Property: Leasehold
 
  Lease Terms: 9 year lease with 3 year breaks - 15 months elapsed to date
 
  Current Rent: £10500
 
  Living Accommodation: No
 
  Location: On a retail trading estate just off the INNER ring road of Norwich, 15 minutes walk from the City Centre of Norwich. 3 minutes walk to Go Outdoors, Halfords and 3 major Car Franchisees. Busy road position. Own Car Parking facilities.