We have a rare opportunity to present a superb lettings business situated on the South Coast. The vendor states a portfolio comprising some 705 lettings properties producing a handsome £550K net profit. Returns are consistent year-on-year and the portfolio comprises some excellent quality stock. Available with the option of very reasonable leased office premises, or unencumbered, the portfolio will be a super addition to an established estate or lettings agent looking to bolt serious income onto their business. 4-5 staff are expected to move alongside the portfolio, otherwise there is little additional overhead to transfer.
The owner reports that around 50 new properties are being added in the next three months as a result of recent growth.
The reason for sale is genuine. Serious enquirers only please and we will request proof of ability to proceed before sharing details.