Established Letting Agency in Cornwall

Wadebridge, Cornwall
REF: 04551

Asking Price:
£150,000
Annual Turnover:
£117,611
Annual Net Profit:
£72,866
REF: 04551

Overview

Tenure:
Leasehold
Established:
2012
  • Lettings and Property Management
  • Relocatable opportunity
  • Superb reputation
  • Growth potential

A superb opportunity has arisen for a new buyer to take ownership of a well-established Letting Agency which operates throughout Northern Cornwall.

Trading with an impressive level of profitability, the business has built an enviable reputation within the industry for providing a range of Property Management and Lettings services, working with both tenants and landlords.

With high annual turnover and large customer base, this is an ideal opportunity for an entrepreneur to acquire a turnkey business with growth potential.

ASKING PRICE £230,000

The business trades as a well-established Property Management and Lettings business operating across Northern and Mid Cornwall.

Trading with an impressive level of profitability since opening in 2012, the business has established a superb reputation serving a large customer base that comprises of tenants and landlords who reside locally, as well as London and national based clients.

The businesses services include property inspections, marketing accompanied viewings, maintenance, tenant references, insurances, second party finance and landlord protection services.

The business is well known for providing a popular hands-on approach to business, with access to a range of qualified maintenance professionals.

The business currently has offices in a large town in Northern Cornwall. However, this is a fully relocatable opportunity and therefore a new buyer may look to operate the business from a home office or acquire other suitable premises.

Intelligent are pleased to offer a superb opportunity for a new buyer to acquire a well-established Lettings and Property Management business which operates across Northern and Mid Cornwall.

Serving a large customer base of tenants and landlords, the business has built a solid reputation throughout the area for maintaining high standards.

With a high level of profitability this is an ideal opportunity for an entrepreneur to acquire a turnkey operation with growth potential.

An enthusiastic new buyer may look to develop the business further by franchising the popular concept and services to other counties. The current owner has already secured the domain names for other areas of the country. At present there is limited marketing, this represents a significant area for further growth.

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  • Situated in Northern Cornwall
  • In the heart of the town centre
Rent
£10,000
Rates
£0
Lease Term
TBC
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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