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Estate Agents With An Enviable Reputation

Bolton, Lancashire

  • Asking Price: £324,995 +SAV
  • Turnover: Eric Clarke generates a turnover in the region of £134,182 per annum
  • Tenure: Freehold/Leasehold

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Hilton Smythe is delighted to welcome to the market Eric Clarke Estate Agents, Farnworth. The business was established by our client’s father in 1950, our client joined the company in 1976 after leaving school, he then took over when his father retired, and is now looking to retire himself. The business has built up an inevitable reputation with lots of repeat custom and a high volume of word of mouth recommendations. The company offers property sales and letting service advertising on their own company website, Rightmove, Zoopla, Findaproperty.com, Primelocation.com, Globrix.com. At present the company has 172 registered landlords and 198 registered tenancies covering areas of bolton such as Farnworth, Kearsley, Stoneclough, Great Lever, Little Lever etc. There is plenty of scope to broaden the area to increase the already thriving turnover. The 1st floor of the premises is currently used as storage but has plenty of room to rent out as offices to bring in additional income. This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level. The current owner is looking for a quick sale and open to offers therefore, early viewing must come highly recommended to avoid disappointment.

Owner ran with 3 full time staff members

Monday - Friday: 9.20 am - 5.00 pm

The business is located on Brackley Street, Farnworth, surrounded by schools, parks and complimentary shops, therefore benefits from a high volume of footfall and passing trade. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.The area is also well served by the A-roads, with the A666 being within easy driving distance of the business, which links to the M60/61motorway network

The shop has excellent signage and boasts a double unit premises (25-27), Situated in a busy shopping precinct, and facing Farnworth market entrance. Ground Floor:• Large shop floor with fitted counter• Ample display space and seating area for customers• Reception area• 2 Separate offices• Kitchen• Toilet Facilities• Store room. 1st Floor:• 2 x large rooms currently used as storage • Large officeExternal:• Rear yard with parking The shop has CCTV Installed

Tenure
We are advised the premises is freehold with an option to Lease, the price is £119,995 lease term negotiable.Rent £17,500 per annum.

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