This independent residential lettings agency serves a property base mostly within a 5 mile radius of their local office. The business first became a part of this community 20 years ago and has become a leader for the services it provides.
Clients are private landlords each with a small number of properties to look after. Tenants are private individuals. Currently there are no direct DSS tenants or students.
Services range from fully managed through to a tenant finding service.
Opportunity:
With staff remaining after the current owner retires, this business does offer a continuity to clients, even under new ownership.
It will be an ideal purchase for an existing agency that wants a presence in this location. It would also make a great starter business for an experienced letting agent looking to step into company ownership.
Asking:
Our client is open to serious offers for 100% of the shares of this company, after surplus cash has been extracted on sale, which includes the freehold premises.
NB This business is now under offer. You can still register your interest with us and we will keep you updated with any similar businesses that come to market.
Key features:
- Properties mostly within 5 mile radius of the office
- Fully managed service to landlords
- Managing approx. 250 properties for approx. 150 landlords
- Offers invited for 100% shares of the Ltd Co
- Includes freehold premises
