Property Management for sale

View the "Residential Property Management Lettings Company, SW  England" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Residential Property Management Lettings Company, SW  England

  • Leasehold Price: £475,000
  • Annual Turnover: £255,000
  • Annual Net Profit: £145,000
Seller Reference: 1261 SW England
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Business Description
Residential Property Management Lettings Company, SW  England
Seller Reference: 1261 SW England
Request Details
Business Description
Current annual management income is in the region of £255,000, the entire income is from Property Management and Lettings of approximately 175 properties. The premises have ended their Leasehold tenancy, so the premises do not have to be taken if not required. Management accounts for 2020 show an income of approximately £250,000 and net operating profit of £145,000. The shop is located in a major city and does not undertake residential or commercial sales which in this densely populated area offers huge opportunity.
Tenure:
Leasehold
Location Details:
Located in a densely populated residential area of this major city.
Leasehold Term:
New Lease Terms TBA The premises do not have to be included in the sale
Listed by:
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