CONFIDENTIAL SALE
FOR SALE
24/09/21
125
BB5097 / Rightbiz
Business Sale Overview:
For sale is an excellent opportunity to acquire a freehold site that holds 10 properties. The properties are approximately 10 years old and are all fully tenanted. This is an ideal investment opportunity in Northumberland which is a prime part of the UK.
Business Sale Description:
BuyerBiz are delighted to offer this amazing 10 property investment opportunity that is massively benefiting from having loyal and long established tenants in all of the properties.
TENURE: FREEHOLD
RENTAL INCOME: £63,660 per annum
RATES: N/A
STAFF: JUST THE OWNER
ANNUAL TURNOVER: £64,020
NET PROFIT: £TBC
It is set up as a Ltd company under the name of Maple leaf Property Developments Ltd. All the premises currently have Assured short hold tenancy agreements, as well as also having B or C Energy Performance certificates. They all have current CP12 Gas safety certificates and Electric Certification.
The current annual rent that I receive is £64,020 per annum. This opportunity has 10 properties, in which they are freehold properties with 6 of them south backing overlooking open countryside.
The major benefit to taking on this opportunity is that any new owner could also manage the development if required, therefore this opportunity is ideal for investors not wishing to run the business or any sleeping partner wishing to invest.
Also, there is further opportunity to increase profit by selling the properties to the tenants as there have been enquiries as to selling the properties individually.
The properties range from 2 and 3 bed mews style, semi detached and detached houses all with private parking. 2 of the properties have Juliette balconies and en-suites as well as downstairs toilets.
The 10 premium properties all have integrated appliances, contemporary decor and high attention to detail. They are in excellent condition throughout. The properties are sought after with high calibre tenants. Voids are rare as there is a high demand to be on the private development which are in a cul-de-sac with no through road.
This is a genuine reason for sale and the owner will be happy to do a transitional period, should any new owner need it.
With this opportunity, we believe that actually seeing it will give you a much better understanding of what the benefits of what this freehold offering gives.
KEY FEATURES:
Prime location
Well known area
Assured long term tenants
EPC certificates in place
For anyone who is looking to take their interest further, then please enquire and the seller will be able to provide you with a video and photographs.
Business Location Overview:
This freehold, Limited Company opportunity is located in Guidepost, Northumberland, 15 miles to Newcastle upon Tyne.
Here is a list of the Nearest train stations. Morpeth 3 miles. Cramlington 5 miles
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