SOLD – Profitable West End Letting Agency, Glasgow (2682)
Leasehold £49,000
SOLD
This is a superb opportunity to acquire a well established quality letting business managing a portfolio of properties across the West End of Glasgow and surrounding areas.
The business has been running for over 15 years and has an excellent reputation which results in most of its landlords coming from word of mouth referrals.
Email us to sell a similar business
Type of business |
This is a superb opportunity to acquire a well established quality letting business managing a portfolio of properties across the West End of Glasgow and surrounding areas. The business has been running for over 15 years and has an excellent reputation which results in most of its landlords coming from word of mouth referrals. Its portfolio is 39 properties owned by 35 landlords. The properties are mainly West End flats in desirable areas and which achieve monthly rents of £800 - 850. The business operates on a 10% management fee plus related finders fees, maintenance charges, etc. Annual management fee income alone is £40,000 plus additional service income. Due to the quality of both the properties and the landlords this is an easily managed and profitable business. All the current management agreements are fully assignable so could be easily be sold as a standalone business or added to an existing letting operation. The business is only offered for sale due to the current owners wish to retire. This business with a suitable handover is offered for sale at offers over £49,000. |
Featured Businesses

Fully Equipped Sandwich Bar, Charing Cross, Glasgow Ref 2719
Location: Glasgow
Sector: Food & Drink
Leasehold : £29,000
Sector: Food & Drink
Leasehold : £29,000

Highly Profitable Drainage Business, South West Scotland Ref. 2715
Location: South West Scotland
Sector: Construction
Leasehold : £545,000
Sector: Construction
Leasehold : £545,000

Well Established Profitable Card & Gift Shop, Troon Ref 2720
Location: Troon
Sector: Retail
Leasehold : £89,000
Sector: Retail
Leasehold : £89,000

Spacious Freehold Hair Salon, Glasgow Ref 2718
Location: Glasgow
Sector: Health & Beauty
Freehold : £69,000
Sector: Health & Beauty
Freehold : £69,000