Located in Shrewsbury, Shropshire, the Period Ironmonger was sold for £90,000 to private buyers Richard and Jane Elsby – just 5 months after coming to the market.Established over 12 years, the business offers quality fittings for Period properties including door furniture made from traditional materials, window hardware, plaques and post boxes, cabinet hardware and other products.
The business is truly unique with an excellent reputation within its market which resulted in a very high number of interested parties. The company, which is fully relocatable, generated a 2014 turnover of £133,000 and it is understood that the buyers will continue to run the business as it currently stands.
Gemma Moss of Knightsbridge assisted with negotiations on behalf of our clients and commented, “Our clients wished to pursue our ‘all-inclusive fees’ option which resulted in a very quick transaction. I would like to wish Richard and Jane a very happy and well deserved retirement.”
