Business for Sale in Warwickshire I.T SERVICES & SUPPORT - WARWICKSHIRE (STRICTLY CONFIDENTIAL)

Undisclosed Tenure Offers Accepted

Key Information

Reference
M35305Q
Tenure
Freehold, Leasehold
Status
For Sale
Region
Warwickshire
Sector
It & Computing Services
Annual Sales
£630,000.00 Inc. VAT
Rent Payable
T.B.A but expected to be in the region of £600.00 per month.
Business Rates
Nil - We are advised that the business enjoys Small Business Rate Relief and so no payments are due. 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.
Accommodation
No

Business Information

  • Long Established I.T Servicing Company
  • Approximately £280k Fees Paid in Advance
  • Freehold Property Generating £20k p.a in Rent
  • Mix of Client Contract Lengths
  • Many Long Held Clients
  • Turnover c. £630k. Adjusted EBITDA c. £165k
  • Offered with Freehold Property or a New Lease
  • Good Spread of Clients
  • Service Desk & Project Management
  • Regularly Turning Away New Work

AGENTS NOTE

As this listing is a confidential sale we have used a generic postcode for the business location. Full details on the business and the location will be provided once a non-disclosure form has been completed. Please get in touch to learn more.

FURTHER INFORMATION

REFERENCE NUMBER

M35305Q.

OPENING HOURS

8:00am to 5:30pm Monday to Friday. Closed Saturday & Sunday.

TENURE

Freehold or Leasehold. The business can be offered with the mixed use freehold property which currently generates c. £20k p.a rent from the other tenants of the building. The company operates from offices within the property and should the freehold not be required then the vendor would be willing to grant a new lease on terms to be agreed.

RENT PAYABLE

T.B.A but expected to be in the region of £600.00 per month.

RATES PAYABLE

Nil - We are advised that the business enjoys Small Business Rate Relief and so no payments are due.

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.

EPC

We are advised that the property is listed and as such we understand that an EPC is not required.

PRICE

Offers Invited.

For the benefit of the goodwill, fixtures, fittings & equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING

Strictly by appointment only, please call our Warwickshire & Northamptonshire Office on (01788) 435 966 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.

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Warwickshire & Northamptonshire

Your Regional Director Chris Ruggles

Warwickshire and Northamptonshire

Valiant Office Suites, Lumonics House
Valley Drive
Rugby
Warwickshire
CV21 1TQ