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Freehold investment property with tenant in Stoke-on-Trent

Stoke on Trent, Staffordshire
Freehold Investment Property With Tenant In Place, Stoke-on-Trent Photo 1
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Freehold Investment Property With Tenant In Place, Stoke-on-Trent
  • Freehold: £89,950
  • Turnover: £10,000 (£192 per week)
  • Profit: Not Applicable

Business Details

Freehold Investment Property With Tenant In Place, Stoke on Trent

Overview

Presented for sale is a freehold property investment in Stoke-on-Trent, Staffordshire, offered with a tenant already in place. The property is currently let at £195 per week, producing an established gross rental income of just over £10,000 per year, which means a buyer benefits from income from the very first day of ownership.

This is a property-led opportunity rather than a conventional trading business, and its appeal lies in its simplicity. The freehold interest provides outright ownership and long-term security, while the existing tenancy delivers a steady, established income stream with minimal day-to-day involvement required from the owner.

Held by a sole trader owner and in place since 2015, the opportunity now comes to market as a genuine retirement sale, giving investors and portfolio buyers a clean, straightforward acquisition with income in place from completion.

Business Highlights

- Freehold property investment with long-term security of ownership
- Tenant in place paying £195 per week
- Established gross income of just over £10,000 per year (approximate)
- Income from day one of ownership
- Simple, hands-off arrangement requiring minimal involvement
- Genuine retirement sale
- Suits investors, portfolio buyers and first-time landlords alike

The Business

The opportunity operates as a straightforward freehold investment. The owner holds the freehold interest in the property and receives rental income from the tenant in occupation, currently at £195 per week, equating to a gross income of just over £10,000 per year.

The arrangement is deliberately simple, with no staff team, no marketing requirement and no customer-facing trade to manage. A buyer takes on the ordinary responsibilities of a landlord and property owner, making the opportunity well suited to a hands-off investor seeking yield, a buyer adding to an existing property portfolio, or a first-time investor looking for a manageable entry point into property ownership.

Location

The property is situated in Stoke-on-Trent, Staffordshire. The precise address is withheld from marketing materials and is disclosed to serious buyers later in the sale process, with viewings and inspections available by arrangement.

Premises & Tenure

The subject of the sale is the freehold property itself, offered with the benefit of the existing tenancy. The property is held on a freehold basis, giving the buyer outright ownership. Full details of the premises, the tenancy and the supporting documentation are set out in the Information Memorandum and confirmed during the sale process.

Financial Overview

The headline figures, as described by the owner, are as follows:

- Rental income of £195 per week (approximate)
- Gross rental income of just over £10,000 per year (approximate)
- Turnover, net profit and adjusted profit figures have not been provided; the value of this opportunity is property and income led

Buyers are encouraged to seek documentary evidence of the tenancy and rent received, together with an independent property valuation, as part of their due diligence.

Growth Potential

While this is first and foremost a stable, income-led investment, a buyer can take confidence from the following:

- Freehold ownership gives full control of the asset for the long term
- The established tenancy provides income of approximately £10,000 per year from completion
- The simplicity of the arrangement leaves a buyer free to pursue their own longer-term plans for the property, subject to the existing tenancy and their own professional advice

Reason for Sale

The sale is offered due to the owner's retirement.

Next Steps

Opportunities offering freehold ownership with income in place from day one attract strong interest, and early enquiry is recommended. Interested parties should contact Goodwins to register their interest and arrange the next steps. Full details are available in the Information Memorandum.
  • Freehold Available
  • Retirement Sale
  • Unique Opportunity
  • Well Established
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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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