Architectural Practice For Sale

Business description

The owner established this business in 2000, starting out as a design group. The business has grown steadily over the years and is now one of the leading architectural practices in Tyneside.

The practice is expert in both commercial and residential developments working on leisure and office projects. The company is focussing on new market sectors within the construction industry. Major clients include local authorities,the licensed trade and office developers. The company are able to handle both small and large contracts.

Having established a large portfolio of residential developers, including many national housing companies, the practice continues too service this sectot, but has generated new business from alternative sectors.Working with developers means that the practice are handling some large contracts. Because of the high standard of work that is produced the developers have gained confidence, and retain the services of the company time after time.

There is a complete service that is offered to the client, from consultancy to design, right through to project management and completion of the development. The practice has also developed a specialism in the expert witness and design support to the planning apeal process.

The practice prides themselves on having new and refreshing ideas to offer their clients. Many barriers have been broken down over the years, and they have worked closely with many clients to achieve successful conclusions to projects.

There is a small team of skilled people in place which provides high quality design support

Key Strengths

There is no doubting that this business has an enviable position, with a number of Blue Chip clients regularly retaining the services of the business. There is also an amount of work in progress, confirming a positive future for the company. This is a business that plans for success and is constantly reviewing and upgrading its performance, with new technology being introduced all the time.

Many of their clients have been impressed by the quality of the presentation that has taken place. Not content with just line drawings, the practice introduced 3D work and Photo realistic representation work to give their clients a better idea how the final project would look on conclusion. This has given the practice a distinct edge on other competing architects and has definitely helped in securing major contracts.

There is a culture within the business that everyone wants to achieve the best that they can for their clients. Good co-ordination of the different departments, within the practice, leads to a punctual delivery of presentation to clients. Each project is given a high level of attention to detail. This level of detail helps enormously when planning applications are made, and leads to a high success rate.

Growth & Opportunity

Historically the practice worked primarily in the private residential sector. It has now forged new links with social housing providers and residential care operators. A new owner contributing fresh ideas and resources, would be ideally positiones to continue the process and secure other lucrative contracts. These include, public sector, commercial, educational and cultural.

Because the practice has been so busy they have neglected to market themselves and show the companies true potential to the public.Very little advertising and promotion has taken place and an overhaul of their website is long overdue.

Equipment:

There are 10 fully equipped workstations each with cad system, monitor and software.
There is an A0 plan copier and an A0 colour plotter. All other equipment including, furniture, admin set ups, technical library, photocopier/scanner and 2 x laptops are included with the sale of the business

Property information

Property:

Leasehold

Location:

The premises are situated on an out of town business development area, but only 15 minutes away from one of the Tynesides busiest city centres.

The building is circa 6,500 sq. ft all on one level, including open plan offices, meeting room, wc, with gas central heating. There is spare capacity in the building with room for growth. There is plenty of parking space outside the front entrance for staff vehicles.

Rent is £25,000 per annum and Rates are £8,500

As the vendor also owns the freehold of the premises, flexible terms are available

Other information

Expansion potential:

At present the bulk of the companies business is with residential developers, but the practice have worked in other sectors and feel that they could, with further resources, secure other lucrative contracts. These include, public sector, commercial, educational and cultural.

Because the practice has been so busy they have neglected to market themselves and show the companies true potential to the public.Very little advertising and promotion has taken place and an overhaul of their website is long overdue.

Reasons for selling:

The owner wishes to pursue his other business interests..

Contact the seller