Southland Express Property Press Liftout

ESTABLISHED ENGINEERING BUSINESS

22 Clapham Road, Kennington, Southland

Price On Application Listing#: 453528 Land: 3036.00 m2

We are privileged to be offering to the market the impressive business of D N BROWN LTD- KENNINGTON trading since 1882- 135 year history to date! What is being offered is a total package: • Land and Buildings at 22 Clapham Road, Kennington • Vehicles and Plant • Goodwill and Stock at valuation An extensive workshop of circa 880 sqm on a corner site of 3036 sqm, the vendors have not undertaken a structural survey of the buildings to assess the current NBS% , this will need to be part of a due diligence process. The extensive workshops have attached administration offices and staff amenities. There is an extensive yard area for manufactured product and display purposes with dual street access. This going concern business has an extensive client base and contracts providing strong cashflows. The current owners are calling time after 24 years at the helm, they are willing to stay on and support the purchaser throughout a handover. The business has 10 staff employed and any new owner will need to take over the existing staff contracts. To obtain further information you will need to contact the listing agent and complete a Confidentiality & Non Disclosure Agreement (only qualified buyers will be given the confidential information). FOR SALE AS A GOING CONCERN - PRICE ON APPLICATION Agency Reference : MAC9485

Property type: other
Listed on: 14 November 2017 11:30 a.m.
View all listings in Southland
Agency details
Professionals Invercargill

Professionals MacPherson Realty Ltd Licensed REAA 2008

Professionals Invercargill
283 Dee Street, Invercargill, New Zealand

Agents
Trevor Thayer

Trevor Thayer
trevor@prored.co.nz
027 227 3876

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