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Residential Lettings and Property Management Portfolio in Cheltenham, Gloucestershire for sale

Cheltenham, Gloucestershire
Established Residential Lettings & Property Management Portfolio — Gloucestershire Photo 1
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Established Residential Lettings & Property Management Portfolio — Gloucestershire
  • Asking Price: £85,000
  • Turnover: On request
  • Profit: On request

Key Features

  • Expansion into key locations
  • Genuine reason for sale
  • Growth potential through acquisition
  • Ideal for portfolio expansion

Business Details

Established Residential Lettings & Property Management Portfolio — Gloucestershire

An opportunity to acquire an established residential lettings and property management portfolio operating in Gloucestershire, one of the South West’s most consistently active rental markets.

The business has traded for well over a decade and has built its portfolio steadily through local reputation and long-standing landlord relationships rather than through acquisition. The portfolio is fully managed, with a clear and well-documented fee structure in place, and is supported by a modern cloud-based property management system. Alongside the managed properties sit a number of established Let Only landlord relationships who return to the business regularly for re-letting, providing a further layer of recurring activity.

The opportunity is offered as an asset sale of the lettings portfolio, which makes for a straightforward and quick transaction. There is no company history to acquire, no onward premises commitment and no staffing obligation, so an incoming buyer can integrate the portfolio into an existing operation with minimal disruption. The business currently operates on a fully remote basis.

The owner is exiting the UK lettings market in order to concentrate on other business interests and is open to providing a sensible handover to support a smooth transfer of landlord and tenant relationships.

This would suit an established lettings or estate agency business in Gloucestershire or the surrounding counties looking to add scale efficiently, or an operator seeking a well-run route into the local market.

Full financial information, portfolio detail and management figures are available to qualified parties on request, following completion of a non-disclosure agreement and confirmation of funding.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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