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

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

Details

Updated on February 16, 2025 at 8:34 pm
  • Price: £80,500
  • Property Type: Business, Holiday Letting Businesses, Hotels
  • Property Status: For Rent, For Sale
  • 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

Contact Information

View Listings
Gordon
  • Gordon

Enquire About This Property

Schedule a Tour

Your information

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare
Gordon
  • Gordon