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.
Located in a densely populated residential area of this major city.
New Lease Terms TBA
The premises do not have to be included in the sale