Substantial Established Letting Investment Minutes From Clifftop
Bournemouth, DorsetAsking Price: £1,495,000
Status:
FOR SALE
Date Submitted:
16/05/24
Advert ID:
2015
Reference:
H208115 / Rightbiz
Call Agent:
Business Details
Goadsby Commercial present sea glimpses from upper floors. Well established letting investment also suiting holiday letting/Airbnb. Gas fired central heating with 2 boiler system. UPVC double glazing to second floor. Cavity wall insulation. Masterkey system. Forecourt parking. Lucrative income. 14 year current ownership.
LOCATION
West Cliff – Cliff Top approx. 150 yards. Bournemouth International Centre approx. 650 yards. Bournemouth Square approx. ½ mile. Travel Interchange within 2 miles.
SUMMARY OF ACCOMMODATION
1 x 1 Bedroom Flat. 12 x Studio Flats. 2 x Flatlets (each with private facilities). Office/Store.
TRADING & BUSINESS
It is felt the income could be increased with the reintroduction of holiday letting, however, letting on assured shorthold agreements, the income per calendar month from 1st August 2024 is:
Unit 1 £935.00 Unit 6 £780.00 Unit 11 £615.00
Unit 2 £840.00 Unit 7 £695.00 Unit 12 £615.00
Unit 3 £795.00 Unit 8 £705.00 Unit 14 £800.00
Unit 4 £823.00 Unit 9 £780.00 Unit 15 £495.00
Unit 5 £750.00 Unit 10 £725.00 Unit 16 £755.00
TOTAL £11,108.00
LICENCES/PERMISSIONS
An HMO Licence for 26 persons in 15 households is currently held.
Key Features
Contact Agent
Telephone:
Registered Buyers only »Agent Name:
Registered Buyers only »Advert Reference:
H208115 / RightbizEmail:
Registered Buyers only »Listing Statistics
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
Do not 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 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.