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Businesses For Sale > Business For Sale in London, UNITED KINGDOM - UK (UK)

WEST LONDON, RESIDENTIAL PROPERTY PORTFOLIO AND ESTATE AGENCY. 85 X RESIDENTIAL PROPERTIES for sale in London, UK

London, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 80,000,000 Undisclosed Undisclosed

Business Summary:
Turner Butler has been appointed to invite offers of purchase for 100% of the share capital of the company that owns these property assets. There are 85x properties in the portfolio and include a mix of houses and flats, many of the properties have development potential and represent the opportunity for further income. We are advised that the gross yield on the properties is c£2.7m. These properties are managed by an Estate Agency also in the client’s ownership which can be included in the sale. The Estate Agency employs 20x people excluding the Vendor, whose daughter is a consultant and son who is responsible to Marketing and Compliance for the Estate Agency’s Sales and Lettings.Asking price: £80 million Location: Ealing, Acton and Maida ValeThe business provides an acquirer with:• An ideal opportunity to take a significant property holding position in West London • Ready-made property management for the portfolio via the Estate AgencyFinancial performance:Offers are invited in the region of £80 million for all the issued capital of the company that owns all 85 properties. The sale will be on a debt free cash free basis.Details of the properties are available to suitable prospective buyers. Next steps: If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position

 
   
Seller Reference Number: CR200
BusinessMart.com Listing Number: 267093