Serviced Office Opportunity With Payback In Less Than Three Years |
| Undisclosed Leicestershire |
| LEICESTER SERVICED OFFICE OPPORTUNITY WITH LESS THAN 2.5 YEAR PAYBACK Superb investment opportunity providing serviced office accommodation in central Leicester Income £40k pa Vendor currently occupying one office which can be let providing additional revenue NP: £25K pa with only part time involvement F/H: £250,000 L/H: £49,950 REF: 1283LE |
| BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 73083
ADVERT IMPRESSIONS : 9,812 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Office Space | | SALE: | Agent Sale | FREEHOLD: | £250,000 | LEASEHOLD: | £49950 | | | | | | | | | | Add this business advert to your: | | | | | | | |
| | | | | | | BUSINESS DETAILS: | LOCATION
Centrally positioned in affluent area of Leicester
Close to the city centre with a range of professional and service businesses close by
Prime commuter territory
HISTORY
Offices successfully marketed to ensure full occupancy
Extremely low rates of tenant turnover maintained with most staying long term
REASON FOR SALE
Vendor wishes to concentrate on alternative business priorities
SERVICES
Office space rented on short term license agreements
Offices provided on an all inclusive basis
CUSTOMERS
Small business owners seeking flexible office accommodation close to the city centre
Mainly professional e.g. Independent Financial Advisors, Solicitors
STAFF
Run by vendor on a purely part time basis
TRADING HOURS
Office is open weekdays 9am to 5pm
FINANCIALS
Income currently £40,000 per annum from rentals
All offices currently let
Offices let on short term tenancy basis
Current level of net profit circa £25,000 per annum
Tenants found through local agency taking 10% of the first years rental
PREMISES
A substantial and traditional former residential dwelling now utilised as office accommodation
STRENGTHS
Excellent location
Very well spread portfolio of tenants
Management systems in place
Short term tenancy agreements
Favourable rental and rates
Part time input only required to run this business
SCOPE
Cost savings possible running business from home or existing office
TENURE
Freehold available
Long lease in place
VIEWINGS
A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises | | | | | | FOR SALE | | | | | REFERENCE: | 1283LE / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | |
