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Large Commercial Letting Business For Sale

Cheshire, United Kingdom

Financials

Asking price: Undisclosed

Sales revenue: £200k < 500k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
Well established commercial premises in North West is seeking to sell rent roll to a management company, in order to take over the running of the business.

Business consists of 20+ commercial tenants ( in retail, leisure and telecommunications) situated in one town centre premises.

Buyer to assume rent collection and maintenance duties.


Years established: 1973

Employees: 0

Trading hours: n/a

Property: Leasehold


Lease terms
Buyer to become a head tenant to existing tenants.

Location
Town Centre, North West

Expansion potential
Although building is currently fully let, premises could potentially be altered to suit almost any business venture.

Competition / Market
Well established business of 35 years. Little competition in the surrounding areas.

Support & training
Existing landlord and owners will always be there for support.

Reasons for selling
Retirement.

Financing available
Open to negotiaion.


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