Business Summary

Established leading supplier of Marine paints & coating solutions

Rural location close to M5 motorway

Growing Turnover and Profits with huge potential to increase

Re-locatable business

Sales via established e store with 3000+ regular/ repeat customers

Falcon Commercial are delighted to offer for sale this leading well known & trusted established brand supplier of Marine paints & coating solutions which has been under the proud ownership of our clients since 2008 and is now reluctantly being offered to the market as the owner wishes to retire.

Premier Marine Paints supplies boat paint maintenance solutions which help protect, beautify and improve boat’s performance. Their boat paint solutions include antifouling, boat primers, yacht varnish hull & top side coating, anti-slip deck paint as well as interior paints, bilge/locker paints.

The business is based near Collumpton which is in Devon and enjoys a rapidly increasing trade, which is predominately directly to the customer via an E-shop. It has a turnover in the region of £120,000 per year with healthy gross profit margins.

Having been seen at boat shows around the UK and been featured in Motor Boats Monthly Premier Marine Paints has become a well-known brand. The company has built up an excellent reputation for its high levels of customer service, as well as quality products which sold direct represent fantastic value.

We feel that this opportunity represents an ideal base on which to build upon particularly as it would be easy to relocate to any suitable premises. There is enormous potential to distribute their products via wholesale or indeed retail channels. Early negotiations with Falcon Commercial are highly recommended.

Premises Details

Premier Marine Paints currently occupies an industrial unit with offices above on an industrial estate in Butterleigh which is a short drive from Collumpton, Devon, just off junction 28 of the M5 motorway. There is ample staff and visitor parking. The well-presented premises briefly comprise:

Ground Floor

Warehouse which benefits from a 3 phase electricity supply and is open plan with shelving to the walls and packing tables. Full height sliding doors.

First Floor

Open plan office area which could accommodate several work stations.

External

Ample car parking
Communal toilets
Space for additional storage

Tenure

The business is offered with the benefit of a rolling lease, and qualifies for 100% rural business rates relief. The current rent payable is £300 per calendar month.

Staff

Premier Marine Paints is run by the proprietors.

Stock

We are advised that the stock held by this business is: £10,000.

EPC Rating

The EPC rating on these premises is: TBA

Trading Hours

Depends on time of year (e store 24 hours 365 days per annum)

Location

Cullompton is a town and civil parish in the district of Mid Devon and the county of Devon, England, locally known as Cully. It is 13 miles (21 km) miles north-north-east of Exeter and lies on the River Culm. In 2010 it had a population of 8,639 and is growing rapidly. The earliest evidence of occupation is from the Roman period – there was a fort on the hill above the town and occupation in the current town Center. Columtune was mentioned in Alfred the Great’s will. In the past the town’s economy had a large component of wool and cloth manufacture, then later leather working and paper manufacture. A large proportion of town’s inhabitants are commuters but there is still some local manufacturing, including flour and paper mills. It has a monthly farmers’ market held on the second Saturday of every month which is the oldest event of its kind in the South West. It is home to two grade I listed buildings: the fifteenth century St Andrew’s parish church and the seventeenth century house known as The Walronds. There are seven grade II* listed buildings and ninety grade II listed buildings in the parish.

Property Details