Serviced Offices And Light Commercial Premises Business For Sale

Business description

This is the proposed sale of a business centre, fully tenanted and yielding around £80,000+ of gross income from 7 tenants, all commercial businesses on short-term licences.

The property sits in around 0.35acre and the building is circa. 8,500 sq. ft. in total.

The company shares are offered for disposal at offers on £450,000.

Net Asset Value £250,000. Profits £66,000

The property is valued at £700k. There is further potential to develop and extend the property for greater yield. It is also quite possible that the property would be granted planning permission for residential development.

Please enquire for further details, plans and figures.

Property information

Property:

Freehold

Location:

About 15 mins from either the M3 or M4 motorways.

Premises details:

8,500 sq. ft building on 2 floors sub-divided into offices and light industrial.

Size in square feet:

8,500 sq.ft

Business Operation

Expansion potential:

Possibly some scope for development, extension or alteration.

Reasons for selling:

Retirement sale

Other information

Support & training:

No employees. Property owned within a ltd co. and shareholders/directors will resign upon sale.

Inventory / Stock value:

£700,000 (included in the asking price)