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Confidential Sale (Address Information Withheld) - Shropshire - West Midlands

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Property Details
Agent Ref No: C1100
Category: Business for Sale
Business Type: Lawyers/Legal
Offer Type: Offers in the region of
Price: £100,000.00
Rent: £25,000.00 per sq. ft per annum
Yield: £160000
Further Property Details
Date Listed: 2008-12-24
Size: 2400 sq. ft
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading
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Description

SOLICITORS, North Shropshire. A general practice est 100yrs. Limited local competition. Retirement of one partner. N/P £59k. Price £100k for goodwill & work in progress. L/H. Ref C1100

The Business Partnership is pleased to offer for sale, this firm of solicitors.

Run for over 100 years, one partner now wishes to retire, whilst the other wishes to remain for the medium term. They have a stable and loyal base of clients.

They undertake general work including family, probate, personal injury, conveyancing and litigation. Typically, each partner handles 50/60 case loads.

The premises offer 2,400 sq ft over 3 floors with a large private car park. Rent is £25,000 p.a. Terms are to be agreed.

Bills of cost £169k
Adj net profit £66k

This is an ideal opportunity for another firm to widen their local coverage.

Please ask for full details.

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