Reputable Residential Letting Agency in Cheshire

Congleton, Cheshire
REF: S07568

Asking Price:
£59,950
Annual Turnover:
£40,500
Annual Net Profit:
£26,000
Under Offer
REF: S07568

Overview

Tenure:
Leasehold
Established:
1998
  • Excellent reputation
  • Loyal customer base
  • High quality properties
  • Secure contracts in place
  • Strong online visibility

This is a fantastic opportunity to take on a residential letting agency which is very well-known in the local area.

 

Operating successfully since 1998, the agency has been providing high quality homes available to rent, ensuring an attentive service for both tenants and landlords. Its own website and visibility on Zoopla affords the business immense credibility in the area and attracts tenants from both near and far.

 

Trading from an office in a bustling residential location, managed by the two partners, a new owner could easily take on the business and continue running operations effectively.

Positioned on the end of a busy local high street, the agency is visible from street level and attracts passing footfall inside. The office is approximately 25 square metres, with kitchen and toilet facilities to the rear. All fixtures and fittings are included in the sale.

The business currently manages 50 lettings which generate regular monthly income on long term tenancies and has 4 rental opportunities advertised on their website.

Its website details the agency’s processes and emphasises its strong client focus, taking the time to find out what each tenant is after. In addition, the agency is supported by advertising on Zoopla and On the Market, two of the UK’s leading property portals.

The agency would be ideal for an existing agency wishing to grow their property portfolio or an agent looking to take on a manageable business and go it alone.

The new owner could grow the business through further advertising, perhaps by creating social media platforms and regularly posting new properties for sale/to let. Being present at relevant exhibitions would also help to get the business’s name out there.

As the current owner would be happy to stay on for a transitional period, a new owner will be provided with complete handover of business operations.

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  • Congleton, Cheshire
  • Office-based
  • Nearby car park
  • High street location
  • Residential area
Rent
£4,800
Rates
TBC
Lease Term
TBC
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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