Build: 1.0.6314.27071 from 15/04/2017 15:02:22
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HORTICULTURAL & GARDEN MACHINERY SALES, SERVICE & REPAIRS
£120,000 plus sav (Leasehold) - Ref. HW1505
Established in 1990 this profitable, family-run business operates from substantial two-storey premises in a pleasant, rural location. Conveniently close to the M27/M3 motorway network as well as the main urban centres of Southampton, Winchester, Romsey and Salisbury. In addition to retail customers delivering their machines for repair or service, the business maintains accounts with numerous commercial clients who enjoy on-site repairs. On average customers are quoted a 7-day turn-around peaking at 21 days during the high season for machines delivered to the premises. Annual sales £430,442 split 60% from retail & 40% commercial customers. Adj. net profits £72,710. 5 year lease rent £16,000.
FAMILY-RUN BUSINESS EST. 1990
REVENUE SPLIT 60:40 RETAIL/COMMERCIAL
ADJ,. NET PROFITS £72,710
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The information contained herein relating to property matters was checked by Adams & Co, and was accurate at the time these particulars were originally produced. The particulars have been approved by the vendor, who has undertaken to advise us of any material changes which may occur. Such amendments have been incorporated as and where appropriate. However, since it is possible that further changes have occurred, of which we are unaware, we would recommend that prospective buyers take appropriate precautions to check anything, which is critical to their interest in this property. Every effort has been made to ensure that the information, which does not relate to the property, (and is therefore not covered by the Property Misdescriptions Act 1991) is accurate. The vendor, who has approved the information detailed, has provided the data. However, as all businesses are constantly changing, the information contained in the sales particulars may not be as up to date as we might wish. Prospective purchasers are therefore advised to check the current trading situation at the time of inspection or, if necessary we can arrange for potential buyers to speak to the vendors by telephone, prior to making a commitment to view the business. Adams & Co have not tested any apparatus, equipment, fixtures and fittings, or services and so cannot verify they are in working order or fit for the purpose. Buyers are advised to obtain verification from their Solicitor or Surveyor. Purchasers must satisfy themselves as to their actual condition prior to purchase. References to the Tenure of a Property are based on information supplied to Adams & Co by the vendor. Adams & Co have not had sight of the title documents. Buyers are advised to obtain verification from their solicitor.