High Standard HMO Properties with Tenants for Sale in Greater Manchester
Wigan, Manchester
- Status
FOR SALE
- Date Submitted:
21/11/23
- Advert ID
602917
- Freehold: £1,200,000
- Turnover: £105,900 (£2,037 Per week)
- Net Profit: £72,000 (68% Profit margin)
Key Features
- Established Business
- Small Business
- Offers Invited
- Planning Consent Available
- Owner Financed
- Central Position in Affluent Village
- Retirement Sale
- Prime Location
- Potential for Alternative Use
- Close to Local Amenities
- Company for Sale
- Accounts Available
- Fully Fitted
- Home Based
- Price Reduced
- Attractive Business
Business Details
Business and HMO Properties with Sitting Tenants in Greater Manchester
Four HMO properties consisting of a block of 4 terraced houses. Each house is of three storey construction.
Constructed and managed to a very high standard, each house can accommodate up to 5 tenants each although most have 4 tenants in them.
Each house has 3 single occupant rooms and 1 couple-occupiable studio apartment. Three of the houses also have a fifth box room that can be used for a number of purposes including staff accommodation.
Shared facilities are maintained to a high standard and the properties enjoy high occupancy rate. Currently 94% but usually 100%.
The very spacious ground floor apartment enjoys an additional Class B1 business approval as a possible alternative use. This opens it up to a number of possible professional business uses. Isolation from the main house and a separate business access is provided for.
The properties are located on the edge of the up and coming Pemberton centre in Wigan, This means it is very close to many amenities but is removed from the typical hustle and bustle of a town centre.
The properties are ideally positioned within a short travelling distance of major roads across the region, including the M6, M58, M60, M61 and M62 with major cities such as Manchester, Liverpool, Warrington and Preston, as well as the Lake District, also within a short distance.
Based just off the A577, the premises are ideally located within a short distance of Pemberton’s main shopping area, also benefitting from convenient access to public transportation and local car parking facilities.
Map
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Listing Statistics
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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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