FOR SALE
611397
GO3106 / Rightbiz
Link-WorkSpace
Turnover circa: £150k
Net Profit: £Undisclosed
BUSINESS SUMMARY
• Business Name: Link-WorkSpace
• Location: 116 High Street, Epping, Essex, CM16 4AF
• Type of Business: Serviced Office Accommodation
Link-WorkSpace is a high-end serviced office offering exceptional flexible office accommodation for local businesses, which includes individual office suites, meeting spaces and more. The business has been operated by the vendor since inception and is now made available with extensive professional equipment and a loyal customer base.
THE OPPORTUNITY
Proven Success: Walk into a business with a solid foundation, with a proven track record of success since inception, and in this time, has built up a loyal, repeat customer base. The business generates circa £150k per annum providing consistent and reliable income with minimal input required from the vendors.
Prime Location: The accommodation is retail frontage property on the main high street in Epping over three floors with mainly commercial office space and the added benefit of a residential apartment on the second floor.
Excellent Growth Potential: The business operates in an affluent suburban town and being located on the main high street in Epping offering an excellent local reputation and brand presence.
Accommodation: The offices benefit from being fully equipped and furnished for incoming tenants, which can be adjusted for tenant’s requirements with a suite of full amenities including high speed WiFi via dedicated lease line internet, printing facilities, complimentary drink refreshments and meeting spaces available.
All office spaces and meeting spaces are available to hire by the hour, day, week or on a longer-term license basis.
The business will come fully furnished and equipped for an incoming operator to continue operating as a turnkey business, with fixtures, fittings and furnishings included. The vendor has invested a significant amount to date to establish this ultra-high-end facility.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients, along with passing trade. There is a well-designed custom website in place, which allows online bookings with information on products, services, and video tours of the premises.
Marketing is conducted through listings on the company website and social media; however, the property is fully occupied at present.
MANAGEMENT AND EMPLOYEES
The business is managed by the vendor only and requires minimal input on a day-to-day basis, allowing the vendor to focus on other business interests.
GROWTH OPPORTUNITIES
There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base with this well-established business:
• Expansion into new locations.
• Product diversification into the retail units.
• Enhanced digital marketing.
• Organise events and partner with local businesses.
The premises can be used for alternative use, including the ground floor retails space such as a coffee shop, bar, restaurant etc…
PREMISES
The premises is secured on a favourable leasehold basis for £50,000 per annum.
FINANCIAL INFORMATION
Detailed financial statements will be made available to interested parties.
FURTHER INFORMATION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us and for more information please contact us.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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