Independent Financial Advisers Business In Kent For Sale

Business description

The company is a well established and highly regarded firm of independent financial advisers. The Company has enjoyed a successful trading history since its inception in 1996. The Company offers a wide range of services as a general practice whilst specialising in planning for retirement, savings and investments, tax planning and investment trusts. They have a consistent commission income stream of around £400,000 per annum on average. In 2008 the commission income was made up of 67.32% initial income and 32.68% renewal commission.

Property information

Property:

Leasehold

Lease terms:

The premises are owned by independently by the Shareholders and our clients are happy to offer a lease on negotiable terms to the purchaser. The proposed rent will be £13,000 per annum.

Location:

The offices are located in Kent, it offers the best of all worlds; fascinating history, a wealth of architecture and excellent shopping - all within everyone’s idea of a typical country town and surrounded by Kent’s tranquil countryside. The town itself is surrounded by dozens of smaller villages and is a commutable distance from London. Our clients estimate that approximately 90% of their clients are located within a 30 mile radius of Kent.

Premises details:

The Company’s offices are housed within a detached, converted granary barn with ground and first floor accommodation including 2 offices, a meeting room, 2 w/c and a kitchen

Other information

Expansion potential:

Our clients have advised us that the Company holds a database of 2,500 dormant clients which with additional personnel and time resources could be canvassed to generate new income streams. They also believe the Company would benefit from employing a further financial adviser.

Reasons for selling:

other business interests