Investment Property Portfolio
Location: United Kingdom -> Uk, Nationwide
Industry: Real Estate > Other Real Estate
Businesses for sale Summary
Investment Property Portfolio For Sale. Ref.CR124. Location UK, Nationwide. Asking Price ? 800,000. An exciting opportunity has arisen to take on a profitable and diverse property portfolio consisting of seven individual residential sites across the country. The properties have been accumulated since the business was established in 1992, and in the sixteen years since each acquisition has proved to be a reliable investment. An excellent knowledge of the housing market and an approach to business that has consistently prioritised the needs of tenants has been the building blocks of this business. An excellent reputation has resulted, while a steady rate of growth has been maintained throughout the years, by expanding the number of properties for let.
Providing a friendly and responsive service to clients has paid dividends in the form of minimal tenant turnover and reducing administration costs. When the time comes for tenants to move on the properties are often filled through word of mouth, making the letting process easier and providing peace of mind with regards to day to day upkeep of the property.
Financials
Asking Price Range: $1.0M – $2.5M
Gross Revenues: Seller Will Provide
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1992
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Management Training and Support: The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners and will pass on all relevant contacts to allow continuity of trading.
Reason For Selling: The owner has reached the age where she wishes to leave the industry and move abroad.
