Business For Sale

Business for Sale Overview:

This business was established to take advantage of the growing demand for short term office accommodation in its area. The offices of this business particularly appeals to the SME sector, large proportions of which are start up businesses and reluctant to commit to, or unable to secure long term leasehold accommodation. Situated in a busy South London suburb close to the local train station with easy access to London and the City via London Bridge, this business offers carefully planned office accommodation specifically designed to meet these requirements.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

This business is located amidst a very busy commercial centre in South East London. Ideally located within easy reach of a train station the business offers a facility that is within fifteen minutes travelling of London Bridge and the City of London. The premises are leasehold with twenty eight years remaining on the lease though there is an opt-out clause in 2025. The rent is £72,000 per annum (due for review in March 2008) with Rates of £35,000 and Water Rates of £6,000 per annum.

Market Competition and Expansion:

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively. In the past marketing has been limited to the local press, however a high proportion of the business's revenue is due to its prominent location maintaining high levels of awareness but above all strong word of mouth recommendation, bearing testimony to the excellent reputation this business has established throughout the area. The company does not have a web presence and there is no doubt that turnover and profits could increase using this additional medium.

Reason for Selling:

Retirement

Additional Details:

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