Business for Sale Overview:
This represents a superb investment opportunity to acquire a 4-story freehold building plus basement currently comprising 5 very well appointed self contained one bedroomed flats with the added bonus of a ground floor family run café that is highly profitable.
Benefits of the property include gas central heating and double glazing. There is parking space for two cars. Viewing is highly recommended. The building was refitted some 6 years ago. Scope of works included a new facade with new brickwork giving the flats a modern fresh appearance as well as complete re-wiring, new roof, re-plumbing and re-decoration. Each flat has electric card meter, all necessary smoke and fire alarms and comes fully furnished. All furniture, fixtures and fittings are included within the sale price.
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:
The building is freehold. Rental income for the flats is circa £22,000 per annum. The current vendor runs the café as a family business but this could be leased out if a new owner does not wish to run this side of the business. Anticipated rental is circa £12,000 per annum. The premises are in excellent condition. The café is fully equipped. A full inventory can be supplied upon request. The infrastructure of the building is very good.
Reason for Selling:
The vendors wish to relocate.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: