CR129 -Four Freehold Apartments Providing Substantial Letting Income
Business for sale
Asking Price:
£1,500,000
Turnover:
£0
Annual profit:
400k+
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
10
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
Four freehold apartments in a prime sought after riverside area of Manchester city centre, currently let, one on a long term basis and the other three on lucrative nightly/weekly lets, primarily to corporate clients and offering superb income, are now offered for sale.Each of these prime apartments are in delightful and sought after areas and come fully furnished and equipped and all have concierge facilities and parking. The short term let’s provide an income of £120-£200 nightly, depending on apartment and whether parking space is required, or not. The long term let, whilst not providing the same level of income, is a steady and continual source of income.
The management of these apartments is completely professional and is administered from Surrey, with little regular travelling to Manchester involved. With 24 hour concierge and local cleaning facilities, there is minimal involvement from the owners, other than booking and organising.
There is also a registered trading name and trading slogan in use with the company.
