Freehold Investment Opportunity For Sale

Business description

Purchased as a derelict building in 1991, this business is now a fantastic investment opportunity which is a mix of light industrial units and serviced offices, owned and let by the company, achieving 80% occupancy on average.

These are high quality office and industrial units with all maintenance included, let at very competitive rates, usually on yearly licences. Some lets are fully self-contained, while others take advantage of the serviced element on offer, with central telephone answering and reception personnel and parking, (some of which is secure parking).

The ground floor lets are used for the light industrial or warehousing units, such as printing, electronics and IT companies, while the first and second floors comprise of office units, many of which are rented by professionals such as accountants, architects and insurance companies, etc. Each unit has their own key lock entry, air conditioning, heating and in many cases own alarm systems. The building itself is also fully secured with full access control including locks, alarms and reception personnel.

Located in a densely populated area, on a busy main thoroughfare, within easy access of the M25 and all the main access routes and ring roads of London, means the business is never short of tenants and could easily benefit from higher rents, should new owners wish to increase the reasonable rates currently offered.

The asking price for this business makes it an exceptional investment opportunity and reflects the owner’s real desire to sell this business in the near future, so early viewing is strongly recommended.

Customer Service:

The business prides itself on offering licensed short term lets at fully serviced premises, which are all very well looked after and at very competitive rates.

Key Strengths:

A primary strength of this business is in providing lots of local requirements for smaller individual premises, making this is a highly profitable business with huge potential to expand further.

Property information

Property:

Freehold

Location:

The premises are approximately half a mile from a main line station, in an industrial area near to the main arterial roads of London. Surrey within easy access of M25 Area

Their premises consist of light industrial units, warehousing units and office units let on short term yearly license or on longer lease, as required by the tenants. All the offices are individually alarmed and have full air conditioning and gas central heating.

There is plenty of parking available, some on the side roads and alongside units, with additional secure parking on the roof with 80-90 spaces, with full gates and access control. There are also some storage units on the roof available for let.

Other information

Expansion potential:

With significant demand in the marketplace this business operates frequently with 100% capacity, (rarely lower than 80%) and is a steady business that will provide amazing potential for any enthusiastic new owner to build this excellent business into one providing even greater returns on investment.

Competition / Market:

There is currently no advertising or marketing, however strong word of mouth recommendation is key to the success of this longstanding business. With a more focused approach to sales and marketing there is little doubt that significant growth could easily be established.

Support & training:

The current owner will provide all necessary training to ensure a smooth transfer of the business to the new owners.

Reasons for selling:

This is a genuine retirement sale offering substantial scope to build on the existing business.

Trading hours:

Reception is manned throughout the business hours of the day, during the working week, with maintenance as required.