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CR124 -Investment Property Portfolio

Asking Price: GBP 800000
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Business Location: United Kingdom » Relocatable » UK,Nationwide 
Category: Real Estate » For Sell
Description:
Investment Property Portfolio
Ref.CR124
Location UK,Nationwide
Asking Price £ 800,000
An exciting opportunity has arisen to take on a profitable and diverse property portfolio consisting of seven individual residential sites across the country. The properties have been accumulated since the business was established in 1992, and in the sixteen years since each acquisition has proved to be a reliable investment.

An excellent knowledge of the housing market and an approach to business that has consistently prioritised the needs of tenants has been the building blocks of this business. An excellent reputation has resulted, while a steady rate of growth has been maintained throughout the years, by expanding the number of properties for let.

Providing a friendly and responsive service to clients has paid dividends in the form of minimal tenant turnover and reducing administration costs. When the time comes for tenants to move on the properties are often filled through word of mouth, making the letting process easier and providing peace of mind with regards to day to day upkeep of the property.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 1992
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
The owner has reached the age where she wishes to leave the industry and move abroad. After 16 successful years the business offers huge potential to the right buyer with the experience and passion to expand on the significant growth that has already been achieved.
Market competition and expansion:
The use of advertising and marketing has thus far not been required to reach the business’s current position. It is however an avenue that may be worth exploring in the future if the new owner was to expand the number of properties, requiring further investment in the letting process. Testimonials from previous tenants would surely be forthcoming, providing an excellent source of marketing material.
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