BASED IN TYNE AND WEAR YE25 turnover of £322,000, with an adjusted EBITDA of circa £153,000.Turnover is projected to increase to £352,000 in 2026 and £363,000 in 2027.One freehold property and its going concern are for sale.43 bedrooms comprising self-contained studios and studio-style rooms.Shared facilities and amenities include a reception, lounge, dining hall, study area, and a gym with state-of-the-art equipment.Recently refurbished and modern aesthetic.Ideally located in the citys centre adjacent to attractions, entertainment and local ---------.-.-/5 rating on University Living.Scope for growth through utilising digital marketing tools and techniques, including SEO and social media advertising.Offered for sale to facilitate growth under the impetus of new ownership.Offers invited.
- Asking Price:
- Undisclosed
- Turnover:
- £322,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Freehold
