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Bespoke Residential Estate Agency In Affluent Dorset For Sale

Dorset, UK
Asking Price:
£275,000
Turnover:
£375,000
Net Profit:
£104,000

Current Annual Income of £375,000 from Residential Sales only.

This independent business has been established for many years and has built up a superb name and trusted local reputation.

The company does not undertake property management or lettings by choice and offers outstanding opportunities as lettings are continually turned away.

Management accounts for September 2023 show an income of £328,000 and a trading profit including directors wages of £104,000, therefore based on this year's income of £375,000 profit should be in the region of £140,000.

The owner, if required, will continue on a consultancy basis.

Property Information

Property:

Leasehold

Lease Terms:

New Lease to be granted, terms to be agreed

Leasehold Rent:

£18,000 per annum

Location:

The office has a very visual shopfront and is situated on a very busy centrally located position.

Premises Details:

Ground Floor double fronted lock up fully fitted office.

Business Operation

Expansion Potential:

Substantial for property management and lettings

Employees:
Team of experienced staff
Years established:
20+ Years