Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Lettings And Estate Agency In Northern England For Sale

UK
Asking Price:
£300,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

An excellent opportunity has arisen to acquire a long-standing and reputable lettings and estate agency business, prominently positioned within an historic and highly desirable town. Established in 2005, the business has built a strong local presence and a loyal client base over two decades of successful trading. It is now being brought to market as the current owner looks to retire, presenting a rare chance for a new owner to take over a stable and well-regarded operation.

The business is primarily focused on lettings and benefits from a well-maintained portfolio of fully managed properties. This provides reliable, recurring income streams and a solid financial foundation, making it especially appealing to prospective buyers seeking stability. In addition to lettings, the agency offers residential property sales; however, this aspect of the business is currently underutilised. With increased focus there is clear scope to expand the sales division significantly, unlocking further revenue potential.

Overall, this well-established agency offers an opportunity within a buoyant and resilient property market. With its strong reputation, recurring income base, and clear avenues for growth—particularly through the expansion of its sales services—it offers an incoming owner the chance to build upon an already successful platform and drive the business to the next level.

83% of income is generated from lettings activity
48% of income is generated from the managed portfolio
Long standing and reputable business with reliable recurring income streams
Scope to expand the sales division significantly, unlocking further revenue potential
The business is being sold on a share sale basis

Further information is available upon request.

Property Information

Property:

Leasehold

Location:

The office is in a prime high street location, amongst all local amenities and very close to the train station.

Business Operation

Reasons for selling:

Retirement

Employees:
2
Years established:
21

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The Property Franchise Group PLC is one of the UK's largest and most experienced franchise operators encompassing several brands. The monthly Managed Services Fee (MSF) is 9% +VAT (plus a National Marketing Fund set contribution dependent on brand) of your gross monthly income and includes unlimited ongoing Head Office support. The initial Franchise Fee is £22,500 +VAT and the Franchise Agreement is for 5 years. The Franchise Agreement is renewable for a fee of £500 +VAT, there is no upper limit to the number of franchise renewals.

Other Information

Support & training:

The Property Franchise Group will ensure that you are fully trained before you take over the running of this business, including an in-depth induction course, market trends/analysis review, mentor training, plus on-site support days with an experienced property professional, known as an Operations Manager. We also offer various courses throughout the year for you and your staff alongside access to a market leading online training academy. No previous property experience is required to make a success of this venture!

Financing available:

The Property Franchise Group can assist you with funding and the business model is seen very positively by our panel of high-street banks. You can secure up to 70% of the total costs of acquiring this business and any working capital required, and the business could be purchased with as little as 30% personal investment. Some sellers may consider staged payments and we can assist you in the negotiation of a suitable funding solution to meet your personal circumstances.

Website:
Login or register to view link