The business has been trading for nearly 12 years and was launched by the existing owners as a ‘cold’ start in 2011 and it is now on the market due to retirement.
This business will be sold and the shares of the Limited Company will be acquired therefore all the contacts and staff in the business will be taken over.
The business is primarily lettings focused, with the emphasis on a fully managed service. The business could be improved by increasing the managed portfolio, which in turn would generate repeat income on a monthly basis and over time this will increase the asset value. The business also provides a sales service however, it has not yet reached its full potential and the business would benefit from more focus on developing this along with financial services.
93% income generated from lettings activity
71% income generated from the managed portfolio
Growth in income could be achieved through the sale of properties and financial services
Low level of multiple Landlords and no student properties
Further information is available upon request; please contact the seller below for more details.