Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Newly Refurbished HMO In Bournemouth For Sale

Bournemouth, Dorset, UK
Asking Price:
£775,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Newly Refurbished HMO - 10% Yield

Features
Goadsby Commercial present elevated site. Conveniently located for student hub and business district. Complete refurbishment programme in current ownership. South facing rear garden. Off road forecourt parking. Flexible purchasing terms. Ideal letting investment or home and income. Rent–back scheme available offering a minimum guaranteed income of £49,000 per annum over a 5 year term.

Summary of accommodation
11 Letting Rooms (4 en-suite). Communal Dining Room/Kitchen. 2 Communal Shower Rooms with WC. 1 Communal WC.

Location
Travel Interchange approx. 0.5 miles. Boscombe Shopping thoroughfare just over 0.5 miles. Bournemouth Business District approx. 0.5 miles. East Cliff – Cliff Top approx. 0.75 miles. Lansdowne College Campus approx. 0.8 miles. Bournemouth Town Centre approx. 1.5 miles.

Trading & business
Fully let the property produces an income in excess of £80,000 per annum.

Licences/permissions
We understand that a current HMO licence is held.

Price
£775,000 or £725,000 for completion prior to 2020.
The property is also available in part by way of a share purchase, yielding a guaranteed 10% return, with any multiple of the 50 shares (the entire issue) being available.

Property Information

Property:

Freehold

Location:

Travel Interchange approx. 0.5 miles. Boscombe Shopping thoroughfare just over 0.5 miles. Bournemouth Business District approx. 0.5 miles. East Cliff – Cliff Top approx. 0.75 miles. Lansdowne College Campus approx. 0.8 miles. Bournemouth Town Centre approx. 1.5 miles.

Premises Details:

11 Letting Rooms (4 en-suite). Communal Dining Room/Kitchen. 2 Communal Shower Rooms with WC. 1 Communal WC.

Energy Performance Rating:
D

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Rangewell. They will contact you about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Goadsby. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here