Property Information
Address:
HORTICULTURAL & GARDEN MACHINERY SALES, SERVICE & REPAIRS, Green Ridge Farm, Romsey, Hampshire
, Romsey S
, Hampshire
, United Kingdom
Price: Buy: POA
Size: SOA
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH638615
Property Ref/Agent: 11632
*Please use the agent ref when calling the agent directly.
Property description
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 up 12.5% to £533,991 to 31 July 2020 split 60% retail, 40% commercial customers. Adj. net profits c.£83,784. 5 year lease rent £18,000.
FAMILY-RUN BUSINESS EST. 1990
REVENUE SPLIT 60:40 RETAIL/COMMERCIAL
FULLY-EQUIPPED WORKSHOP
WELL-STOCKED SHOWROOM
ANNUAL SALES £533,991
ADJ. NET PROFITS c.£83,784
LEASEHOLD RENT £18K PER YEAR
RETIREMENT SALE
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