Commercial property with four income streams located in Northampton, Northamptonshire.
Northampton, Northamptonshire
- Status
FOR SALE
- Advert ID
658756
- Reference
INT3802 / Rightbiz
- Call Agent:
- Freehold: £1,600,000
- Turnover: £800,000 (£15,385 per week)
- Profit: £330,000
Business Details
Diversified Freehold Commercial Property Opportunity with Four Complementary Income Streams
A diversified freehold commercial property and trading opportunity combining flexible office accommodation, destination retail, hospitality and events within a single site. Income is generated from 24 private offices, trader-space rentals, a tea room and a growing function/events operation. Customers include sole traders, start-ups, SMEs, charities, shoppers, local visitors and private and corporate event customers.
Business Highlights
• Operation has consistently been profitable
• Freehold property forms part of the proposed transaction
• 24 private offices generating recurring rental income
• Flexible office licences, typically moving onto rolling arrangements
• Destination retail operation with 100 independent traders across approximately 5,000 sq ft
• Events operation hosting around 90 functions annually
• 50 cover tea room supporting the wider destination offering
• Established Facebook, Instagram and email marketing channels
• Mailchimp database of approximately 2,000 contacts
• Free on-site parking and strong public-transport accessibility
• Multiple complementary revenue streams create significant cross-selling potential
• Vendor-estimated freehold value of approximately £500,000
This represents an attractive opportunity for a property investor or entrepreneurial operator seeking a freehold-backed acquisition with diversified recurring and trading income, established customer footfall and several clear avenues for further development.
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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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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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
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
Get Solicitor
