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Established Residential Letting Investment/HMO in Bournemouth Dorset with 8 En-Suite Letting Units

Bournemouth, Dorset
Established Residential Letting Investment/HMO Photo 1
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Established Residential Letting Investment/HMO
  • Status

    FOR SALE

  • Date Submitted:

    20/09/18

  • Advert ID

    229266

  • Reference

    H21583 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £395,000
  • Turnover: Not Applicable
  • Net Profit: On request

Key Features

  • Town Centre location

Business Details

Established Residential Letting Investment HMO

Goadsby Commercial present established investment property.  Centrally located convenient for all amenities and facilities.  UPVC double glazing throughout.  Full gas fired central heating.  Fridges and microwaves to letting units.  Tenant use Wi-Fi.  Untapped potential. Rare opportunity.

SUMMARY OF ACCOMMODATION
8 Letting Units (all en-suite).  Large Store Room.  Communal Kitchen.  Public Cloakroom.  NB  Units 6 & 7 can only be let in conjunction with another unit.

LOCATION
The Triangle approx. 175 yards.  West Cliff Clifftop approx. 600 yards.  Bournemouth Square approx. 650 yards.  Bournemouth International Centre within 750 yards.  Travel Interchange approx. 1½ miles.

TRADING & BUSINESS
As at August 2018, we are informed the rent roll was as follows:

 Unit 1 £90 p.w.  Unit 4 £85 p.w.   Unit 7 £70 p.w.
 Unit 2 £85 p.w.  Unit 5 £100 p.w. (double) Unit 8 £90 p.w.
 Unit 3 £90 p.w.  Unit 6 £70 p.w.   TOTAL £680 P.W.

LICENCES/PERMISSIONS
We are informed that an HMO licence is currently held.

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Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Established Residential Letting Investment HMO - H21583 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.