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Leasehold Of 5 Fully-furnished Apartments, Centrally Located In St Albans. For Sale

UK
Asking Price:
£80,500
Turnover:
£150,786
Net Profit:
£24,205

An exciting investment Opportunity to Acquire 5 Premium Apartments in St Albans

Unlock a lucrative investment with the acquisition of leases on five high-end apartments, all currently operating as versatile short-term rentals within a concierge-serviced building in the desirable St Albans area. Initially leased in 2020 under a three-year agreement, these properties are now in the first year of their second three-year lease term.

Key Highlights:
• 5 Leased Short-Term Rental Apartments: All units are under secure leases, generating reliable income through a variety of rental channels, including AirBnB, day rates for tourists and area visitors, and accommodations for tradespeople.

• Prime Location: Situated in a prestigious building with concierge services in St Albans, offering top-tier amenities that appeal to a wide range of guests, ensuring high occupancy and diverse revenue streams.

• Versatile Investment: Ideal for expanding your property portfolio or entering the profitable short-term rental market, with multiple income sources beyond just AirBnB.

The current owner has maximized these properties’ potential by leveraging multiple rental markets, making this a rare opportunity to step into a well-established and income-generating operation. With the owner now focusing on other business ventures, this is your chance to capitalize on the growing demand for premium short-term rentals in a prime location.