First Equipment Limited sold by Kings Corporate

A well-respected garage based in Gloucestershire with first-class premises has been sold by Kings Corporate.

First Equipment Limited situated on Lower Tuffley Lane, close to Gloucester city centre, are specialists in sourcing, providing, installing and servicing all aspects of commercial garage equipment.

The company was started by the vendor over 20 years ago and has cemented an excellent reputation for quality and enjoys a loyal client base, with several referrals and recommendations.

The business operates from a modern, highly desirable industrial unit within easy reach of the motorway networks. The unit capacity covers a total of 2,000 sq ft and includes the mezzanine for storage and upstairs offices, ideal for an existing business owner to acquire.

Having built up the business since its inception, our client wished to sell the premises to facilitate retirement plans and instructed Kings Corporate in the sale of the company.

Using our bespoke marketing and research strategies, the property generated substantial levels of interest and was sold to an existing business owner with over 30 years’ experience.

The buyer was attracted to the property due to plans to expand their operations and additional storage space is required.

Upon completion of the sale, the vendor said: “I decided to make plans for my retirement after a successful career and I signed up with Kings Corporate.

“Adam Dell’Armi kept in touch on a regular basis for the time we were on the market and he pushed hard with our buyer.

“I am delighted with the result and I am looking forward to making the most of my free time. I highly recommend Kings to a seller or buyer.”

Senior Sales Negotiator Adam Dell’Armi said: “I was delighted to complete on this transaction which was guided well by a motivated buyer and a vendor who was keen to get a deal done. Best wishes to all parties for the future.”