Medical Workspace 152k EBITDA 212k Potential For Sale

Description

Serviced Medical Workspace in Central London

Location: St James’s, Central London

Business type: serviced medical and aesthetics workspace

Clinical treatments provided by the business: none

Business model

Independent medical and aesthetics practitioners rent private treatment rooms.

Licence term: 12 months

Licence renewal: available

Income type: recurring room licence payments

Owner involvement: described as semi-passive by the seller

Financial figures

Guide price: £950,000

Current annual EBITDA at contracted occupancy: approximately £176,000

Forecast annual EBITDA at full occupancy: approximately £212,000

Current ROI stated by seller: approximately 18.5%

Forecast ROI at full occupancy: approximately 22.3%

Estimated payback period stated by seller: 4.5–5.5 years

Premises and lease

Commercial lease term stated by seller: 10 years

Fit-out type: medical workspace

Estimated fit-out value: more than £150,000

Fit-out ownership: owned outright

Sale structure

Sale type: share sale

Medical fit-out: included

Occupancy

Current rooms: occupied under renewable licence agreements

Waiting list: yes

Licence renewals: regular

Annual increases

Annual rent escalations: stated to be built in