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Established Short Lets Company In Westminster For Sale

Westminster, London, UK
Asking Price:
£900,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£1,600,000
Net Profit:
On request

Profitable short let portfolio of leases, providing high-quality accommodation in premium, central London locations (Soho & Bayswater).

The company has a strong portfolio of studios and 2-bed apartments, across 3 buildings, all on long-term leases, managed by a small, autonomous, and experienced team.

Remote-based owners that spend less than 2 hours per week on business.
Bootstrapped with no debt.

For more information, please contact us by using the form below.

Property Information

Location:

Our office is in Bayswater, within one of our 3 buildings.

Premises Details:

We have 3 buildings (2 in Soho and 1 in Bayswater). They are in prime locations, therefore our occupancy is extremely high and hard to replicate.

Business Operation

Expansion Potential:

Adding new leases (properties) to the portfolio. We have a strong operational infrastructure, with an experienced team, that can be easily scaled.

Competition / Market:

Our competitors are other companies offering short term accommodation in London. We have unique properties in hard to come by areas, which provides a moat to our business from competitors.

Reasons for selling:

Owners are looking for capital to invest in a Real Estate project offshore.

Trading hours:

Mon-Sun 9am-8pm

Employees:
6
Years established:
4

Other Information

Support & training:

The owners are willing to offer support for up to 6 months during the handover period

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£2,000 - included in the asking price
Home based:
This business can be run from home.