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BUSINESS REFERENCE : 8590 / RightBiz RESIDENTIAL LETTINGS AND PROPERTY MANAGEMENT IN SHROPSHIRE | | | | | | Residential Lettings and Property Management Wellington, Shropshire T/O: £350,000 GP: 80% Rent: £12,000 pa. Excellent long standing trading historoy with a strong customer base trading from very well presented premises. | | | BUSINESS LOCATION: | Undisclosed Shropshire UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Estate Agents | | SALE: | Agent Sale | LEASEHOLD: | £375000 | ANNUAL RENT: | £12000 | | | | | | | | | | | BUSINESS DETAILS: | This successful lettings and property management business is located in Shropshire. The property sits in a row of businesses on a main access road to the town centre. It benefits from having many neighbouring good quality retailers and businesses including most of the leading estate agencies. The town is a highly desirable one due to its proximity to countryside, good schools, major hospital, excellent housing and historic attractions. It still retains its character as an historic market town; its local market is one of the oldest in the country and has recently enjoyed its 750th anniversary. The area also benefits from being easily accessible from the M54 with links to the M6 making UK travelling very easy. There are also direct train links to London, Birmingham and Chester.
Bag a business is delighted to offer for sale this very successful established residential letting and property management business which was first established by our clients in 1999. It is only now being placed on the market due to their strong desire to relocate. The business which is run and managed by our clients, with the assistance of staff, achieves a turnover of £350,000 derived from offering residential letting solutions and fully integrated property management services to a wide range of landlords and tenants, mostly within a 20 mile radius of Telford and encompasses the local towns of Market Drayton, Wem, Newport, Albrighton and Wolverhampton into which there are opportunities for further expansion. The business enjoys excellent levels of repeat custom and garners much new business from word of mouth referrals from happy customers. We feel that this opportunity offers an excellent base for a new owner to build upon and urge early viewing of this excellent business.
FINANCIAL DETAIL
T/O: £350,000 (approximately)
GP: 80%
OPENING HOURS
Mon to Fri: 9:00am - 5:00pm
Sat: 10.00am - 3.00pm
Sun: closed
PROPERTY DETAILS
Single storey commercial property, with well presented open-plan customer area and private rear offices. The property briefly comprises:
Full glass fronted building (excellent advertising space)
Secure front entrance
Five well presented and well equipped work stations
Front customer seating spaces
Wall advertising
Rear private management office, glass fronted
Rear private office
Side photocopier and storage room
Rear kitchen
WC with wash basin
Fully alarmed
Air conditioned
TENURE
Leasehold
Original lease: 18 years
Remaining: 17 years
Review every: 3 years
Rent: £12,000 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8590 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
