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Aircraft Hangar And Engineering Business For Sale
(Ref: LEYTOT000187)
East London, London, United Kingdom
Financials
Asking price: £1,200,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
This is a chance to acquire a leasehold interest in a 16,433 sq feet aircraft hangar in a South-East of England airport, within easy reach of London. The offer also includes a very well established aviation engineering business, which occupies part of the hangar. The rest of the hangar is let out to a number of businesses. There is an income stream from both the engineering business and from rent receivable.
There are over 30 years left on the lease, which is extendable at the end of the period. The ground rent is less than £1 per square foot, which makes renting out the spare space in the hangar an extremely profitable proposition.
This offer will suit someone who wishes to take advantage of a future stream of income, and in particular anyone who has an interest in aviation.
Contact us NOW for further information.
Sunbelt Agent:
Years established: 1963
Employees: FT: 1, PT: 0
Reasons for selling
Retirement


