Rented Commercial Property for Sale in Southampton, UK

Commercial retail spaces, offices, warehousing, institutional occupants in Honiara. These assets are used by premium tenants. Options to purchase SI vehicle or UK parent co exist. Serious buyer attracts significant discounts for quick completion. Seller willing to provide continuity up to 6 months. Tangible assets include the commercial building valued at USD 5 million, a mix houses including a warehouse, a commercial fitness facility, a large compound car park, a 9 units residential apartment block altogether valued at USD 2.3 million. Company assets values other than land and building valued by independent business valuers: USD 2.5m.
The market value of the assets is USD 10.25 million. But are being offered at a reduced valuation of USD 9 million.

Note the purchaser will benefit from the growing revenue and potential payback period of as short as 8years if no further developments - and further investment can and will likely create additional capacity with minimum investment (eg option for a premium restaurant, accommodation, and conference facilities- subject to further capex may double the revenue within a 12-to 16 months with the right marketing mix. All the properties are owned and are located in Honiara:
* Property 1:
- Commercial building with shops, offices, conference rooms, a hotel, and parking.
- Hotel located on the 3rd floor; office on the ground floor.
- Built‑up area: 1,560 sq meters.
- Rental income: ~USD 55,000 per month may increase if a management team the right expertise is put in place.
* Property 2:
- Residential apartments (Newly Constructed)
- 9 units: 2 × 2‑bedroom flats, 5 × 1‑bedroom flats, 2 studio apartments.
- Built‑up area: 720 sq m across 4 floors.
- Ready for sale or lease.
- Potential rental income: ~USD 22,000-USD30,000 per month.
Note that one of the assets here (The third warehouse) was recently disposed off and purchased by the client at the price much higher than the one we had used to list here.

The holding company is registered in Southampton, UK, and the vehicle company is headquartered in Honiara, Solomon Islands. All physical assets are located in Honiara. Consultancy business operates out of the UK but significant revenues come from the South Pacific. The company has an outstanding bank loan of USD 1.6 million, which can be cleared. Ownership is structured between two directors holding 90:10 equity. All properties are consolidated under the same company entity which is a UK company. Purchaser has option to purchase this Solomon Islands based vehicle or to purchase the UK parent company which has no debts to clear and then retain the entire facility as is, as long as both the SI and UK company remain compliant.