CR147 -Leasehold Investment Opportunity of Two Separate Serviced Office Complexes
Business for sale
Asking Price:
£1,900,000
Turnover:
£1,370,000
Annual profit:
£670,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This is a business that is well run and delivering excellent returns. Two separate office blocks are offered on a leasehold basis. One of the properties currently contains eighteen commercial tenants many of them secured on twelve month contracts. The second property has four tenants. Each property is delivering annual turnover of close to £700,000.The business has succeeded through its highly flexible approach to signing up new tenants. New clients can start their agreement more or less immediately, depending on availability.
The concept of the business is to make life as easy as possible for its tenants. Simple, straightforward contracts are a big attraction as is the fact that the business does not charge a set up fee.
Aside from all of the other measures that the owners have taken to fill the properties, the business also benefits from having no competition to speak of in the vicinity of each property.
The business employs a receptionist at each property which makes security less of an issue.
Meeting rooms are available to tenants. Vending machines are also installed. Car parking is also provided.
Employee details
Fulltime staff:
2
Parttime staff:
0
