High Occupancy Serviced Office Investment in York Town Centre with Strong EBITDA For Sale
York, North Yorkshire
- Status
FOR SALE
- Advert ID
622143
- Reference
Premium Business Center / Rightbiz
- Call Agent:
- Freehold: £4,500,000
- Turnover: £371,000 (£7,135 per week)
- Profit: £256,000 (70% Profit margin)
Key Features
- Established Business
- With Car Park
- Close to Local Amenities
- Planning Consent Available
Business Details
Prime Town Centre Serviced Office Investment with High Occupancy and Strong EBITDA in York
Prime Serviced Office Investment Opportunity in York
Independence House offers a rare opportunity to acquire a thriving serviced office business and freehold property in York's bustling town centre. This modern, energy-efficient property is designed to meet the needs of small to medium-sized businesses, offering high-quality office spaces in a prime location.
Property Highlights:
- Prime Location: Located in the heart of York, with excellent access to local amenities and transport links.
- Fully Occupied: Consistently achieving a 95% occupancy rate, ensuring reliable income streams.
- Energy Efficient: EPC A-rated property with low operating costs, supporting ESG objectives for buyers.
- Ample Parking: On-site car park provides convenience for tenants and visitors.
- Flexible Layouts: Modern office spaces catering to a variety of tenant needs.
Business Performance:
- Annual Revenue: Over £365,000.
- High Profit Margins: EBITDA of £262,800 in 2023 (72% margin).
- Turnkey Operation: Minimal staffing requirements, with streamlined operations supported by contractors.
Why Buy This Property?
This property represents a low-risk, high-yield investment with stable cash flow and the potential for capital appreciation. The location, operational efficiency, and strong financials make it an ideal acquisition for investors seeking a hands-off, income-generating asset.
Offers are invited for this exceptional opportunity. For further details or to arrange a viewing, please get in touch.
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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