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the UK marketplace for company sales

Freehold investment property (9 flats)

Reference
S7626
Turnover
Less than £0.5m
Sector(s)
Real estate activities
Region(s)
London
Added
07 April 2021

Business description

The property is made up of affordable, high quality accommodation. Tenants are mostly from the private sector. 

Made up of 9 privately let flats, it brings in a minimum turnover of £105,000 per annum.

Each flat is responsible for its own council tax payments and electricity usage.

The flats have been fully let for a number of years and to re-let a flat takes just a few days. There is a huge demand  due to the desirable location with beautiful surroundings.

The current owners pride themselves on maintaining the properties to an exceptionally high standard. They possess an established and reputable track record.

The seller is looking for offers in the region of £2m

Highlights

  • Nine Flats
  • Located in London
  • High occupancy rates
  • Parking
  • Good Transport links

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2010 (Actual) 0 0

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