Other Service Businesses for sale in North London

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 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £150,000 Price Reduced Annual Turnover: £60,000 Annual Net Profit: £40,000
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Business Description

Intelligent Business Transfer are extremely pleased to offer this leasehold business services opportunity for sale. This would be a unique and highly profitable venture, with further potential growth and much scope.

Always well patronised and with great occupancy levels, there is not usually a shortage of would be professional occupants for the 8 available business units. From 70 to 140 square feet, all fully furnished with an unfurnished option also, rental incomes are around £450 per month to £600 per month all inclusive of rates and utilities.

Projected turnover from our client who currently occupies one of the units and is an accountant, is in the region of £60,000 per annum with net profits of £40,000 and £47,000 when adjusted. There is large scope in the growth of all the virtual services, such as postal, telephony, and virtual receptionist, none of which are included within projected figures and accounting information.

The premises are held on a 15 year renewable lease with 14 remaining, subject to an annual rent of £12,000. The business centre let's and charges its client base by way of a simple licence to occupy agreement.

For Sale due only to our client needing to concentrate on his other business interests, they are willing to offer a transition period to the buyer and as an existing paying tenant would wish to remain in situ in their unit. Suitable as a small investment or to occupy a unit and run in-house as per our current operator, this is a great opportunity worthy of further investigation.
Number of Employees: 1

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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