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Surveyors Practice Based In Hampshire

GBP 350,000 -

Business Description

Surveyors Practice Based In Hampshire For Sale – £350,000.00

A very profitable sole practitioner’s surveyor’s practice for sale in Hampshire.

Established in 1998 and generating a turnover of around £300,000.00.

Very low overheads including low PII Insurance.

Not on the bank lending panels and no commercial valuations.

The work split is 70-75% private commercial and residential surveys; 5% on schedules of dilapidations; 5% on shared ownership valuations; and 10% on probate and matrimonial valuations.

A lot of the work is on high value properties where fees of around £2,000.00 can be commanded.

Work comes from word of mouth, referrals (solicitors and agents) and repeat business.

The seller operates from leased premises but has previously worked from home.

The seller is happy to enter into a consultancy contract for as long as it takes to ensure the smooth transition of the business and would consider taking staged payments of the purchase price.

Property Information

Lease Terms: 
Very favourable
2 parking spaces
Leasehold Rent: 
£5,000 per annum

Premises Details: 
The leased premises are a small serviced unit near to the motorway. There are no business rates. If the buyer requires the premises the lease term is due for renewal in 1 year

Business Operation

Expansion Potential: 
Clearly there is potential to expand the business. The seller is struggling to meet demand and works most weekends

Reasons For Selling: 
Early retirement

Trading Hours: 
Determined by the workload

1 permanent part-time secretary and 2 part-time secretaries when needed (£20k p.a)
Years Established: 

Other Information

Support & Training: 
The seller is prepared to be bound by contract as a consultant for the transition period

Home Based: 
This business can be run from home.
This business can be relocated.

Contact Dave or Noel on 07866481342

Business Details

  • Price: GBP 350,000
  • Address: Hampshire
  • Country: United Kingdom

Business Features

  • no

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