Estate Letting Agents In Mid Essex For Sale

Business description

DESCRIPTION & LOCATION:
Situated in a prominent position of the High Street, in this pretty mid Essex Town, we are delighted to offer for sale this very well established Estate Agents / Letting Agents. The business currently deals in sales of properties within the town and the many surrounding villages. The letting side of the business is currently operated by another Agent who pays our client a percentage of commission earned. However, it would seem very feasible for any interested party to trade in sales and lettings.

ACCOMMODATION:
Part glazed door leading to ‘olde worlde’ style office with display units to front windows and display units to walls. All furniture and equipment to run this business to remain, including printers/fax, computer with data bases etc., desks chairs and visitor’s chairs, telephone system number to be retained. Door leading to small kitchen and wc., further door leading to courtyard garden. Stairs from ground floor leading to first floor offices which are currently occupied by Mortgage Consultants.

TENURE:
The premises are currently held on a 12 year lease with a 6 year break clause at a current rental of £14,000 per annum. However, this rental figure is split between the three separate businesses using the offices. Full details available upon request.

OPENING HOURS:
The business currently trades between 9am until 6pm Monday to Friday and 9am until 5pm Saturday.

TURNOVER:
We understand the Vendor will discuss turnover figures and make accounts available to any genuinely interested party.

AGENT’S NOTE:
This attractive proposition is situated in Mid Essex, equal distance from Romford and Chelmsford and needs experienced and enterprising Vendors to take it over.

The business is situated in one of the most salubrious areas of the County with prices in the town and surrounding villages being much higher than the County average.

In addition, if any prospective purchaser were to operate their own lettings section rather than rent the desk out, this would increase turnover quite considerably.

PRICE:
We are instructed by our Vendor clients to offer this business for sale at a price of £26,995 to include the abundance of fixtures and fittings, goodwill and the remainder of the current lease.

Property information

Property:

Leasehold