Glasgow property for sale / flats for sale / houses for sale

Established Letting Agency For Sale In Glasgow (£1)

Date posted: Monday 21st July
Location: Glasgow

Due to other interests I wish to pursue I am selling my letting agency in Glasgow.

The company manages 360 residential properties through out Glasgow, provides let only service and also markets properties for sale.

This letting agency is well known in Glasgow and new properties are added to the books frequently by new landlords and existing landlords who buy property regularly to let out. Majority of the properties are let out to long term tenants and at the moment there are currently only 19 properties empty which are getting marketed and will be let out within 2 weeks.

There are 5 office staff, 2 maintenance staff and myself working in the agency. The company is located in a busy street with heavy footfall. The company was established over 7 years ago.

The agency will be sold as a whole lot including the following;
The company name.
The rights to operate under the company name.
All the database of landlords & 360 properties the agency manages.
All the software & databases.
All computers & furnishing etc
3 company cars & 2 vans. (Market value of £36, 000 & all within 2 years old)
The office premises.

The turnover is over £2, 000, 000 (two million) a year and is increasing every year. Accounts will be available to see to interested parties. There is a guaranteed monthly income.

The management fees set out for the properties range from 10% to 14% of the rental received of each property every month. The maintenance fees vary depending on each repair & the minimum charge is set at £35.

I believe this company can even more increase it books by advertising.

For further information email me. Only serious people get in touch if interested and proof of funding may be needed for further information.

Contact details

Anti spam: Do NOT contact me offering services or anything of a commercial nature.

 

 

Additional