A BUY-TO-LET COMPANY HOLDING FOUR RESIDENTIAL PROPERTIES

  • Price: £580,000
  • Annual Turnover: £61,105
Ramsgate, Kent, England
Seller Ref:165339
For Sale

A BUY-TO-LET COMPANY HOLDING FOUR RESIDENTIAL PROPERTIES

Ramsgate, Kent, England
Seller Ref:165339
  • Price: £580,000
  • Annual Turnover: £61,105

Overview

Seller Ref: 165339

Description

Kent.
YE23 income of circa £61,000 with an EBIT of £51,000
Properties hold a combined value of between £660,000 and £730,000.
Outstanding mortgages account for less than 50% of the asset value.
Eight tenants currently in place.
Two of properties are managed by external agencies, ensuring that fewer administrative duties are required on a day-to-day basis.
An ideal bolt-on opportunity for a property investor to acquire.
A fully relocatable opportunity.
Offered for sale to enable our Clients to focus on building a commercial property portfolio.
£580,000

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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