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Business for Sale Overview:

Established five years ago by the current owner this business has achieved superb turnover of circa £1 Million, with net profits of circa £250,000 in a very short space of time and have excellent growth and future potential, yet to be maximized. This is an ideally located solicitors practice situated on a busy main road in a densely populated area of Middlesex, opposite a busy tube station, providing them with a constant stream of passing foot and vehicular traffic. They operate from modern air conditioned premises with secure parking and specialize in residential and commercial property and wills etc. There are a total of two solicitors including the owner, very ably assisted by a team of very knowledgeable and experienced staff. This enables them to provide an exceptional level of service to all their clients and this, combined with speedy response to all inquiries and augmented with good client communication, truly sets them apart from other practices and has been the basis for their tremendous growth pattern to date.

Property Features and Assets:

Ideally located on a busy main road opposite a busy tube station in modern air conditioned premises this practice benefits from a large volume of passing traffic, both foot and vehicular and further benefits from the affluence of this densely populated superb of Greater London. The offices are on the ground floor of this office block and offer disabled access to the reception, where you become immediately aware of the significant presence and prestige of this practice. Further into the premises are three well presented client meeting rooms, and eleven offices, with kitchen, staff, client and disabled toilet facilities, covering approximately 1,900 square feet of office staff in total. To the rear are five secure parking spaces included in the lease. The lease is a fully renewable 5 year lease, expiring August 2009 at a rent of £30,000 per annum with £13,000 rates being payable currently.

Market Competition and Expansion:

The business has used little advertising in the past, so there are excellent opportunities to increase this activity, develop the name perhaps through marketing the business more aggressively and to significantly increase turnover. There is currently a website but more work in this area would also undoubtedly increase turnover and subsequent profits.