FOR SALE
19/07/23
516903
1441 / Rightbiz
• Established RIBA Chartered Architects Practice
• Currently Kent Based
• Quality business with an excellent reputation
• Generates a healthy turnover and profits
• Sale includes a valuable client database
• Digital office, BIM enabled
• Well-presented offices
• Turnkey opportunity
• Potential to increase sales & profits
• Ideal bolt-on for a like-minded business owner
• Fantastic change of lifestyle opportunity
• Genuine reason for sale
Falcon Commercial is delighted to offer for sale this highly regarded Chartered Architects Practice. The business was established in the 1950’s and has been successfully run by our clients since 2009. It is now only being made available due to retirement.
This RIBA Chartered Practice currently specialises in education, civic, residential and ecclesiastical projects across the south-east of England and in London. They are a design-focused practice offering a high level of service to their clients, many of which are long-standing.
With years of experience in architectural design, they work as a full one-stop shop for clients. Their work includes new build up to £7/8million, extensions, refurbishment, remodelling and conservation, as well as mass timber off-site fabrication and construction. The Practice has worked with the majority of the Local Planning Authorities in the area, so can also offer valuable planning advice.
This fantastic business opportunity would naturally furnish any enthusiastic purchaser with ample scope for growth, along with the opportunity for relocation, if required.
The business could also benefit by adopting a more vigorous marketing policy of its existing excellent services, both through its informative website and further development of its social media presence, to improve upon the already very respectable levels of turnover it has achieved.
A client-focussed approach, supported by technical and managerial efficiency has been the foundation of the many successful projects that the practice has undertaken. The business operates virtually paperless, is cloud-based, uses Archicad BIM software on all projects to add value and to aid visualisation, and has adopted hybrid working. The practice is a member of The Passivhaus Trust and has CHAS certification.
Business Details
Business Rates
• Current Business Rates payable: £Nil per year (due to 100% small business rate relief)
If you qualify for small business relief, up to 100% relief may be available. Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk
Turnover
• £185,400
Staff
• The proprietors run the business with help from one member of staff
EPC Rating
• EPC Rating: B
Tenure
• We are advised that a new 9-year lease will be available to suitable applicants
• Rent: £16,832
• Service charge: £4,675 per year
• Rent reviews: Every 3 years
Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website: www.leasingbusinesspremises.co.uk
Accounts
• Accounts will be provided to genuine purchasers after a formal viewing
Legal Costs
• Each party to bear their own legal costs incurred in the transaction. This may not
include the Landlords
Fixtures, and fittings effects
If appropriate normal fixtures and fittings associated with this type of property/business are included in the sale. A detailed inventory of trade fixtures and fittings will be supplied before exchange of contracts.
Viewing
Strictly by appointment with the vendor's agents, Falcon Commercial
Agents Note
At the request of the business owner, we would ask that you do not attempt to contact them directly and that all communications go through Falcon Commercial. Thank you
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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