Well-known Residential Estate & Letting Agency Franchise in Lincolnshire

Lincoln, Lincolnshire
REF: S07566

Asking Price:
£49,500
Annual Turnover:
£56,243
Annual Net Profit:
£8,993
REF: S07566

Overview

Tenure:
Leasehold
Established:
1990
  • Excellent reputation
  • Members of the Property Ombudsman Scheme
  • Secure contracts in place
  • Well-equipped premises
  • Huge growth opportunity

This is a fantastic opportunity to take on one of the UK’s leading Estate and Letting Agencies situated in Lincolnshire.

 

With over 20 years’ experience in the industry, the agency is well-versed in assisting first time and experienced tenants and landlords, tailoring its service to provide the right property solution for each client.

 

As one of 5 property franchises that have achieved the full membership of the BFA, and the only property franchise which specialises in student lettings, the business has a phenomenal reputation and is miles ahead of the competition, its approach seen as reliable, honest and pro-active. Thanks to its strong industry standing, a dedicated new owner would easily be able to take this business to the next level.

Located conveniently in a prominent position on the High Street, the 25-sq Metre office is situated on the second floor above a property maintenance business. The premises is completely equipped and presents a turnkey opportunity for the new owner.

The agency currently manages 24 properties which generate regular income on long term contracts.  45 rental opportunities are advertised on their website at present.  It also benefits from advertising on Rightmove; the UK's leading property portal as well as Onthemarket.com and StuRents specialist student accommodation website.  The business is ARLA Propertymark accredited, which supports its already fantastic reputation.

The business is a perfect acquisition for an existing agency wishing to grow their property portfolio or an agent looking to go it alone.

With 28 established branches across England in University towns and cities, the franchise business model will enable further expansion in other towns and cities throughout the UK.

The new owner would receive a complete handover of business operations on sale, as well as full ongoing support from the franchiser.

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  • Residential area in Lincoln
  • Office-based
  • High street location
Rent
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Premises Licence
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Property Value
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Planning
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EPC
C 51-75

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