- Listing ID: 802514
- (Seller ref: 9582C)
Residential Property Letting Agency In Lancashire For Sale
- Location:
-
- UK
- > England
- > North West
- > Lancashire
- > Undisclosed
- Category:
- Type:
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Summary
- Asking price:
- £200k < 500k
- Sales revenue:
- £200k < 500k
- Cash flow:
- Available on request
Business description
A well established independent letting agency managing a portfolio of over 400 residential properties which are owned by a large number of individual property owners.
The properties are mostly suburban houses and flats in the £450 to £750 per month rental band. The agency is an "ARLA" & "RLA" member and employs five full time plus one part-time staff who have extensive property letting experience and training. The agency enjoys a good local profile and is continually expanding its property portfolio. It occupies recently refurbished leasehold lock up premises in a suburban location where it has invested in advanced IT and web-based systems.
Business is on target to achieve £275,000 turnover run rate which should generate around £100,000 earnings for new owner. Present owner wishes to develop other business interests and is seeking offers over £300,000.
Property information
- Property:
- Leasehold
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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- UK
- > England
- > North West
- > Lancashire
- > Undisclosed
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