£199,999

Retail premises for sale

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Business

£199,999

Retail premises for sale

Royal Leamington Spa, England, United Kingdom CV31

Local area information

Property location

Nearby amenities

  • Leamington Spa 0.2 miles
  • Clapham Terrace Community Primary School and Nursery 0.4 miles
  • St Peter's Catholic Primary School 0.4 miles
  • Warwick 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Leamington Spa to find out more about the local area.

Features and description

Business
Please quote reference B08584

Ready to step into a profitable, well-established estate agency with a solid client base?

Cogogo is giving you the chance to acquire a highly regarded, award-winning business operating across multiple locations, including Nottingham, Milton Keynes, and surrounding areas.

Operating successfully for 4 years, this estate agency specialises in both lettings and sales, with a 40:60 ratio. The business manages circa 95 properties, ensuring a steady stream of revenue. Over the past year (Dec 2023 – Nov 2024), it generated:


  • £84,000 from property management commission (guaranteed income)
  • £131,000 through sales, setup fees, commission on maintenance, and disbursements
  • £1,145,930.09 in rent received, with an average management fee of just 7.3%, leaving plenty of room for increasing profitability

This business is built on competitive pricing, offering fully managed services at 6% and fully managed with a rent guarantee at 10% (exc. VAT), making it an attractive choice for landlords while allowing opportunities to increase revenue through pricing adjustments.

Why Buy This Business?

  • Multi-Award Winning – Named Best Regional Estate Agency for 2023 & 2024 and earned a Gold Award from the British Property Awards for letting a property in Rugby.
  • Strong Financials—We are advised that turnover is £223,000, and adjusted net profit is £95,000.
  • Location – With a 3-month lease notice period, this business can be relocated if required (further details below).
  • Full Training Available—The current owner is happy to provide 2-3 weeks of training to ensure a smooth transition.
  • Huge Growth Potential – Increase fees, expand marketing efforts, and tap into new areas.

  • Tenure & Sale Details


    • Business Only – As it does not necessarily need to be relocated, it can remain with an annual rent of £14,000, or they can provide three months' notice and the lease agreement can cease.
    • Stock & Assets Value – £30,000
    • Priced for a Quick Sale – Fantastic opportunity for an ambitious buyer

    Whether you're an experienced agent looking to expand or an entrepreneur seeking a profitable and scalable business, this is an unmissable opportunity.

    Serious buyers only—enquire now to take the next step!

    Location
    This award-winning estate agency is currently located in Leamington Spa.

    Premises
    We are advised this business can be relocated but there is currently a three months notice on the lease which can be ceased.

    Tenure
    This opportunity is being sold on a Leasehold or Business Only basis.

    As it does not necessarily need to be relocated, it can remain with an annual rent of £14,000, or the tenant can provide three months' notice, and the lease agreement can cease.

    Hours
    The current operating hours are:

    Monday to Friday - 9:00 am to 5:00 pm

    Saturday & Sunday - Closed

    Staff
    This business is run and managed by our client.

    Financial Profile
    This business generated a turnover of £223,000. Full financials can be made available upon request.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Cogogo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cogogo for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Warwickshire
    4. Leamington Spa
    5. Church Street