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Residential Lettings/ Estate Agency Franchise Located In Tamworth For Sale

Tamworth, Staffordshire
Asking Price:
£260,000 Furniture / Fixtures included
Sales Revenue:
£217,000
Cash Flow:
£50K - £100K

Veritas Business Sales are delighted to offer for sale this respected Residential Lettings & Estate Agency Franchise which is located in Tamworth. This particular franchise was established back in 2005 and has been in the careful hands of our clients for the past 3 years. Reluctantly this is being offered for sale as they have other pressing business interests that needs their attention.

Since ownership they have continued to grow the business and have circa 215 fully managed properties and has an annual turnover of £217,000. The office is operated by 1 full time (Director) & 1 full time member of staff. Full training will be provided along with support from Belvoir Central office subject to terms and conditions.

We believe that there is further potential to increase turnover should you wish. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat client base. This is a superb opportunity to purchase an established business and as such early viewing is highly recommended as this is not to be missed.

Property information

Property:

Leasehold

Lease Terms:

Term: yearly rolling lease Rent: £12,000 pa Rates: zero

Leasehold Rent:

£12,000 per annum

Location:

This outstanding Residential Lettings & Estate Agency Franchise is located on Bolebridge Street in Tamworth. Situated within a prominent and highly visible trading position in the main estate agents row. Tamworth is a large market town in Staffordshire, according to the 2011 census has a population of 76,900 and lies 14 miles northeast of Birmingham, bordering Warwickshire to the South and East, and Lichfield to the North and West.

Premises Details:

Ground Floor
Main office & showroom
Ladies W/C with wash basin
Gents W/C with wash basin
Kitchen
Hallway/storage area

First floor
Boardroom with board table for (8)
Storeroom

Business Operation

Trading hours:

Monday – Friday – 9.00am – 5.00pm
Saturday – 9.30am – 12.30pm
Sunday – closed

Years established:
19 years

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Website:
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Relocatable:
This business can be relocated.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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