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Block And Estate Management Company. Located In Essex For Sale

Essex, UK
Asking Price:
£265,000
Turnover:
£170,000
Net Profit:
Available on request

Current Annual income is in the region of £170,000 from 50 blocks and 90% of the blocks are within 5 miles of their office. Professional company has been established for over 25+ years with an excellent local reputation and brand. If required one of the partners would be happy to stay on, as one of the partners is retiring. Expired lease on rollover.

Property Information

Property:

Leasehold

Lease Terms:

Expired Leasehold on Monthly rollover.

Leasehold Rent:

£6,400 per annum

Business Operation

Employees:
Team of experienced part time personnel. Current annual wage bill of £30,000 - Excludes owners.
Years established:
25+ Years