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Superb Operated Plant Hire for Sale

Aberystwyth, Wales-Dyfed

Freehold : 200,000
Turnover : 1,154 p.w.

This superb operated plant hire concern is situated on an industrial estate off the main through road in the village of Clarach, Aberystwyth, Ceredigion, Mid Wales. It's accessed by the B4572 via A487 and is just 3 miles from the busy town of Aberystwyth which has its own university and is a major Welsh education centre. If you travel north on the A487 you are 15 miles from Machynlleth and south you are 40 miles from Cardigan.

Main through road location in the village of Clarach
Early interest and viewing is highly recommended
Business to include equipment worth 20K
Advised annual turnover of 60,000
Detached workshop with yard
Business could be relocated
Genuine retirement sale
Established since 1960

Business History

Meridian Business Sales are delighted to offer to the market this well established operated plant hire concern which has been in the careful hands of our client for the past 51 years when he set the business up back in 1960. The only reason this excellent opportunity is being offered to the market is due to our client wish for a well deserved retirement. Since our client took ownership of the business he has continually invested in high quality equipment, fixtures and fittings which are all bought and paid for and are included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The business generates its income by hiring out large plant hire machinery that needs an operator to use it. The main equipment to rent are telescopic handlers which are 25 per hour and 16 ton (6 wheel) tipping lorries which are 40 per hour to include a driver. They have an excellent level of repeat business and rent out to independent builders and to caravan parks for siting caravans. Our client informs us that they have an annual turnover of 60,000. This business is owner operated and benefits from 3 full time members of staff. The business attracts customers from within a 30 mile radius and our client is happy to lease the site out to a purchaser as he owns the freehold or it can be relocated within the trading area to limit disruption to turnover. We believe that there is further scope to increase turnover as it is run to suit and by having a salesman out on the road to bring more work in. Early viewing is highly recommended as this is a good bolt on investment that cannot be missed.

Accommodation: Detached workshop with portakabin offices and large yard, briefly comprising:

Workshop (70' x 60')
5 x bay workshop with 2 x pits, engine oil tank, hydraulic oil tank, numerous work benches, mig welder, several other welders, power hack saw, pillar drill, wash basin, and numerous hand tools. Store room and tea/rest room.

First floor
Large store room and 3x store rooms.

Portakabin comprising:
Office with 3 x desks, toilet and wash basin plus kitchen with sink drainer and tea and coffee area.

Large yard area with parking for 15 vehicles
Metal storage container

Tenure: New 5 year lease available
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532 Advert ID 33158    Sellers Ref : 2728/BSOL

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