Thai Restaurant/Takeaway With Top Reputation
This modern Thai Café/Bar/Takeaway is located in a very busy…
£29,950
Holt, Norfolk
Sales Enquiries
All Viewings by appointment
Norfolk, England, United Kingdom
Sold
£105,000
This very well established property managemaent company has been running for around 20 years and has a vey good reputation indeed.
The office is based in central Norfolk and they look after holiday homes in the whole county.
There are around 70 properties that are managed, roughly 25 are let on a short term holiday basis, 6 are let on long leases and the others are either fully managed, or managed when the owners find their own tenants.
In addition to managing the properties, they offer other bolt on services to such as airport transfers, car hire or arranging experiances for the tenants or arranging insurances or paying accounts for the property owners.
The property maintenance is a large side of the business, there are a number of issues that arise during the normal summer letting period that need to be dealt with quickly and in the winter a lot of the home owners choose to carry out redecoration or refurbishment works.
Also from time to time, a property gets sold and this is done in conjunction with a local estate agents with the commission being split.
Ideally suited to a couple, with one partner handling the rental and management work and the other handling the maintenance and refurbishments works. There is an office manager and four cleaners who would all wish to remain with the business.
The sale includes a website and facebook page as well as an extensive database of previous holiday tenants and a full handover will be provded.
The office has 4 desks plus a reception area, there are also two private or conference rooms which could be sublet if required. There is also a fully fitted kitchen and staff cloakroom. The monthly rent is £1500.
This really is a good business and the buyer could expect to have their investment returned in just over a year.
Important Notice.
If you are thinking about buying a business, always make sure you use a genuine and professional agency.
Linx Business Sales And Transfers is a fully Insured and fully legal (limited) Company specialising only in commercial estate agency and business transfer.
We are available before, during or after the purchase of your business, to discuss your requirements and we can also assist with any difficulties that may arise, based on over thirty five years’ experience in the business.
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