On the Instructions of Philip Reynolds & Sarah Cook of FRP Advisory Trading Limited, Joint Administrators of Midwest Polychem Limited, we are pleased to offer for sale the business assets of a plastic recycling business based in South Lincs. The company have traded from their freehold site for approximately 4-5 years.
Business Background
The company has traded for approximately 4 years as a plastic recycling business
The company has traded from their Holbeach site with the benefit of a EA Waste Permit and Carriers & Brokers Licence
Significant investment has been made on site, to include the installation of process plant and equipment which remains in situ, Town Planning, infrastructure and the over cladding of the main buildings, since the site was bought in 2021
Operations have ceased and there is an opportunity to acquire the business assets
Freehold Property For Sale
5 acre site with A17 frontage
Secure & self – contained site
Site infrastructure to include weighbridge
Main building circa 29,900 sf
Office block of circa 1,040 sf
Workshop of circa 1,600 sf
Rateable Value of £57,000 (£73,000 from May 2026)
5 acres of expansion land within the site
Site including expansion land suitable for alternative use – Subject to Planning
Potential land title benefit with freehold title
Further details available on request
Additional Assets For Sale
PET processing plant and equipment including, sorting, granulation, washing, bagging (Installed in 2020)
Mobile plant to include a quantity of forklift trucks and other commercial vehicles, JCB telehandler, CAT excavator, trailer units
Other assets to include support plant and machinery, steam generator, package electrical generators, water treatment plant, power tools, air compressors, welding equipment, quantity of spare parts
Inventory holding, including circa 3,000 tonnes of processed and unprocessed various plastics
Terms and Conditions
No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.
