CR124-Investment Property Portfolio
Business for sale
Asking Price:
£800,000
Turnover:
£0
Annual profit:
150k to 199k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
10
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
An exciting opportunity has arisen to take on a profitable and diverse property portfolio consisting of seven individual residential sites across the country. The properties have been accumulated since the business was established in 1992, and in the sixteen years since each acquisition has proved to be a reliable investment.An excellent knowledge of the housing market and an approach to business that has consistently prioritised the needs of tenants has been the building blocks of this business. An excellent reputation has resulted, while a steady rate of growth has been maintained throughout the years, by expanding the number of properties for let.
Providing a friendly and responsive service to clients has paid dividends in the form of minimal tenant turnover and reducing administration costs. When the time comes for tenants to move on the properties are often filled through word of mouth, making the letting process easier and providing peace of mind with regards to day to day upkeep of the property.
The current owner is now looking to move abroad, creating an opportunity for a new owner to take advantage of the excellent relationships that have been cultivated over the years. An approach that continues to prioritise high levels of customer service will ensure the ongoing success of this reliable business and allow the new owner to concentrate on future expansion.
