Leasehold Opportunity: 5 Stylish Apartments in the Heart of St Albans

  • £80,500
St Albans, Hertfordshire, England
Leasehold Opportunity: 5 Stylish Apartments in the Heart of St Albans
St Albans, Hertfordshire, England
  • £80,500

Overview

  • Business, Holiday Letting Businesses, Hotels
  • Property Type

Description

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 a new lease for five years.

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.

  • Area England, Hertfordshire, St Albans

Details

Updated on February 2, 2025 at 11:53 am
  • Price:

    £80,500

  • Property Type:

    Business, Holiday Letting Businesses, Hotels

  • Tagline:

    Holiday Letting Businesses

  • Annual Net Profit:

    £24,205

  • Annual Turnover:

    £150,786

  • Website:

    https://www.intelligent.co.uk/businesses-for-sale/leasehold-opportunity-5-stylish-apartments-in-the-heart-of-st-albans-int3210

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