Description
Situated in Dorset, out client is looking for a buyer for their Lettings and Block Management company. The business currently looks after around 100 blocks of apartment and 60+ fully managed properties, resulting in a turnover of £300k. The income is generated via lettings only, there are no property sales. Therefore a buyer will be acquiring a robust source of income.
The owner is open to options as to whether the business is sold as a going concern, with a buyer taking over the staff, office, branding etc. Or whether the portfolio is sold on it’s own.
Highlights include:
£300k lettings income
100+ blocks
60+ fully managed properties
£240k recurring revenue
Strong landlord : property ratios
The business is listed for sale at £450,000.
Is this business relocatable:
Is stock included:
Listed By:
Similar Listings
Goadsby Commercial present sea glimpses from upper floors. Well established letting investment also suiting holiday letting/Airbnb. Gas fired central heating with 2 boiler system. UPVC double glazing to second floor. Cavity wall insulation. Masterkey...
Covering the Hampshire, Dorset and Wiltshire area, and beyond, is this successful marquee hire business. Providing rental clearspan marquees, pagodas and stretch tents with linings, flooring, furniture, sound & lighting equipment and more. The bu...
Goadsby Commercial present Grade II Listed thatched cob cottage. Centrally located within walking distance of all amenities. Full gas central heating with new boiler (2023). Secondary glazing. Key safe guest entry. Ideal holiday home and income oppor...
Goadsby Commercial present Church premises and Meeting Hall adjacent to Commercial Centre. Imposing character building. Well located for local shopping. Established residential area. Suitable for various uses and occupiers s.t.p.p. Potential resident...
Prominent Trading Position In Affluent Area Projected 2024 Annual Turnover £520,000 & Net Profit £149,640 Year Ending 31st March 2023 Turnover £466,957 & Net Profit £131,863 Established 2007 With Recent Refurbishment Retirement Sale PP Fo...
Goadsby Commercial present convenient location on main bus route to Bournemouth University and town centre. Character features. Gas fired central heating. Part UPVC double glazing. Off road parking. Enclosed garden. Established student let. LOCATION ...