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Prime Located, High Turnover Lettings & Estate Agency in Birmingham with 350+ Properties

Birmingham, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    30/04/24

  • Advert ID

    610598

  • Leasehold: £650,000
  • Rent: £22,500
  • Turnover: £500,000 (£9,615 Per week)
  • Net Profit: On request

Key Features

  • High Turnover
  • Split Level Trading Area
  • Company for Sale
  • Adjacent to Multiple Retailers
  • Attractive Business
  • Town Centre location
  • Fully Fitted
  • Prime Location
  • Large Business for Sale
  • Established Business
  • Close to Local Amenities
  • Retirement Sale

Business Details

Busy Lettings and estate agency

Prestige Lettings and Estate agency has come on the market, it is part of UK’s leading property franchise —a renowned entity with over a decade of history and a successful portfolio in the property sector is currently up for sale. This is an outstanding opportunity for those interested in advancing their foothold in the property business.

The agency is strategically situated at a busy town centre location in Birmingham, West Midlands. The agency has earned its reputation and strong customer base with its dedicated service in this bustling city centre over many years. Given its prime location and established history, it promises to be an attractive business venture for potential buyers. Over 350 managed properties, with many loyal clients who have been with the firm for over a decade.

The agency currently boasts an impressive turnover of £500,000. An asking price of £650,000 for a quick sale has been set for the leasehold, although the owners are willing to consider the nearest offer. Notably, the price includes all stocks, making it a complete and ready business package for prospective owners. Therefore, if you're in the market for a high-turnover, well-established company, this could be the ideal opportunity for you. Don’t miss out on a great opportunity to gain access to a high quality portfolio. 

This is an excellent way to get started in the property sector and get so much support from the franchise team. 

Read more

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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