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Four Residential Properties in Ramsgate, Kent with Eight Tenants for Sale

Ramsgate, Kent
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PROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIES Photo 1
PROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIES Photo 2
PROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIES Photo 3
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PROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIES Photo 5
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PROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIESPROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIESPROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIESPROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIESPROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIES
  • Status

    FOR SALE

  • Date Submitted:

    10/07/24

  • Advert ID

    614143

  • Reference

    165339 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £580,000
  • Turnover: £61,105 (£1,175 Per week)
  • Net Profit: Not Applicable

Business Details

PROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIES

Kent. YE23 income of circa £61,000 with an EBIT of £51,000 Properties hold a combined value of between £660,000 and £730,000. Outstanding mortgages account for less than 50% of the asset value. Eight tenants currently in place. Two of properties are managed by external agencies, ensuring that fewer administrative duties are required on a day-to-day basis. An ideal bolt-on opportunity for a property investor to acquire. A fully relocatable opportunity. Our client has advised he will sell piecemeal. Offered for sale to enable our Clients to focus on building a commercial property portfolio. £580,000
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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 'PROPERTY PORTFOLIO OF FOUR RESIDENTIAL PROPERTIES - 165339 / 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.