Retirement Sale Residential Estate Agents In Cambridgeshire For Sale

Business description

Taking £500,000 per annum from sales £250,000) lettings/management (£250,000), two prime sited units both staff run as vendor visits once a week. substantial scope for increasing trade due to lucklustre staff. Current profits in region of £75,000 with £195,000 wage bill. Both shops in need of refutbishment. Buiness established for over 20 years. Proof of funds required.

Property information

Property:

Leasehold

Lease terms:

1) 9 year lease remaining
2) New lease to be granted

Leasehold rent:

£35,000 per annum

Location:

2 prime sites in very busy towns

Premises details:

2 lock units, freehold avaiable on one unit. comprising 3 storey building

Business Operation

Expansion potential:

Huge

Reasons for selling:

Overdue retirement

Employees:

Too many, list on application

Years established:

20