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Serviced Office Centre On An Industrial Estate In Plymouth

Plymouth, Devon, South WestIdentity protected

Available

Serviced office centre on an industrial estate in Plymouth

About this business

Serviced office business on a Plymouth industrial estate, letting furnished offices and meeting rooms to small firms on flexible terms from a building it holds on a lease. It started in 2023 and is run by 3 staff. Turnover has grown each year to £430k, up 19%, while EBITDA has risen slightly to £52k, a margin of about 12%. The head lease is the key document for a buyer, along with how full the offices are and how long tenants stay.

Key investment highlights

  • Turnover up 19% since 2023
  • Furnished offices on flexible terms
  • Team of 3
  • Leased building on an industrial estate

Reason for sale

The owner is selling to fund a residential property project.

Nothing flagged on the two questions buyers ask first

No flag

Revenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.

  • Revenue directionNo flag

    Turnover rose +5.9% in 2026.

    • 2023: baseline
    • 2024 (+5.3%)
    • 2025 (+6.8%)
    • 2026 (+5.9%)

    4 years of turnover, 2023 to 2026, as supplied by the seller.

  • Client concentrationNot stated

    The seller has not declared what share of revenue the largest clients represent.

    No declaration supplied. Client concentration cannot be derived from accounts.

EBITDA margin narrowed from 13.9% in 2023 to 12.1% in 2026.

These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.

Computing valuation...

What happens next

Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.