Freehold Investment Opportunity
Location United Kingdom
Asking Price Range $5.0M - $10.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training The current owner will provide all necessary training to ensure a smooth transfer of the business to the new owners.
Reason for Sale This is a genuine retirement sale offering substantial scope to build on the existing business.
Description Freehold Investment Opportunity Comprising Serviced Offices and Light Industrial Units to Let.
Ref. CR117.
Location Surrey M25 Area.
Asking Price œ 3,250,000.
Purchased as a derelict building in 1991, this business is now a fantastic investment opportunity which is a mix of light industrial units and serviced offices, owned and let by the company, achieving 80% occupancy on average.
These are high quality office and industrial units with all maintenance included, let at very competitive rates, usually on yearly licences. Some lets are fully self-contained, while others take advantage of the serviced element on offer, with central telephone answering and reception personnel and parking, (some of which is secure parking).
The ground floor lets are used for the light industrial or warehousing units, such as printing, electronics and IT companies, while the first and second floors comprise of office units, many of which are rented by professionals such as accountants, architects and insurance companies, etc. Each unit has their own key lock entry, air conditioning, heating and in many cases own alarm systems. The building itself is also fully secured with full access control including locks, alarms and reception personnel.
Located in a densely populated area, on a busy main thoroughfare, within easy access of the M25 and all the main access routes and ring roads of London, means the business is never short of tenants and could easily benefit from higher rents, should new owners wish to increase the reasonable rates currently offered.
The asking price for this business makes it an exceptional investment opportunity and reflects the owner's real desire to sell this business in the near future, so early viewing is strongly recommended.
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