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Business for sale in United Kingdom - Cr149-independent estate agency blakes of sale -81 school road sale, cheshire m33 7xa

Asking Price: 49,000 £ Real Estate: Lease
Sales Revenue: 50,000 £
Net Profit: 1 £
Year Established: 2002
Employees: 1FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Cheshire/81 School Road Sale, Cheshire M33 7xa

Business types:

Real estate

Business categories:

Other Real Estate Businesses ; Real Estate Brokers

Business description

turner butler are delighted to bring to market blakes estate agents in cheshire. Blakes are a truly independent estate agency based in sale, south manchester and are involved in residential property sales covering sale, ashton on mersey, northern moor, northenden, wythenshaw and surrounding areas. Their range of services also includes providing surveys and valuations. They also have a small portfolio of properties that they let and manage on behalf of owner clients. Blakes has been established in the sale area for some 8 years and is ideally located on school road, alongside the other major estate agents within the town centre. The business benefits from having excellent exposure due to its location , excellent footfall and the added benefit of parking. The offices are modern, airy and well equipped. The business is regarded as a small flexible independent agent that provides its clients with a very personal yet professional service. It has a good reputation in the market and enjoys a healthy level of referrals and recommendations. Established to the point where the business now has a position in the local market and a steady pipeline of future fees it is well positioned for future growth. With significant initial start up and development costs already met, a recognised brand and a superb location in place this business represents an excellent opportunity for an investor looking for an established and branded business with low overheads and all the necessary infrastructure in place. What it does need is a new injection of business and marketing initiatives to take it forward. Equipment: the offices are well equipped. The business operates the market leading encore software to run the business. All pc equipment is modern and fully networked with its own server on site. All equipment, fixtures and fittings are included within the sales price. Customer service: the business manages many customers in any normal week and has the relevant systems , processes and people to ensure that both productivity and customers’ requests are completely satisfied. The business is audited by the estate agency ombudsman to ensure it provides the required levels of service. Key strengths: the business benefits from over 8 years market presence within sale. It has a prime location which ensures ongoing exposure and excellent levels of footfall and a reputation for a friendly approach to business. In addition to this the business has very low overheads and a recognised brand that is ripe for a new injection of business acumen, energy and ideas. Growth and expansion/opportunities: as well as the organic growth expected from the business building on its presence and reputation within its own geographical area there remains considerable potential for further income from lettings, conveyancing, auctions, commercial property, and wider financial services, none of which are covered at present, bar lettings which is on a very small scale. It would also benefit from more widespread promotion as it currently only advertises via the internet (rightmove)and through the shop window. The business has the infrastructure and location already in place to significantly increase business levels within its existing premises.

Additional information

Additional information: Not Disclosed
Support & training: The vendor is prepared to provide a comprehensive handover package.
Reasons for selling: The vendor is looking for a lifestyle change, he lives out of the area and commutes on a daily basis.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Current rent is £1225/month. Rates are £250/month.
Location: The business operates from ideal leasehold premises situated on School Road in the town centre. It has good frontage that enables it to display current housing stock . It also enjoys excellent footfall. The current lease is for 10 years, with 7 years remaining. Current rent is £1225/month. Rates are £250/month. Premises comprise ground floor sales office with 3 large agents desks. First floor houses further office space and a kitchen and toilets. Top floor has further office space. The property also has 3 parking spaces within a car park to the rear of the building. There is also further public parking nearby. The premises have a modern feel.

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