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CG031 -Specialist Mortgage and Financial Advisors

Asking Price: GBP 975000   |  Posted by : Andrew Hudson
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Business Location: United Kingdom » Relocatable » North East 
Category: Services » Finance, Banking, Loans, etc.
Description:
Specialist Mortgage and Financial Advisors

Ref.CG031
Location North East (Relocatable)
Asking Price £ 975,000
This is an excellent opportunity to aquire a market leading company with a highly desirable client base. This independent, directly authorised mortgage and financial advisors have been in business since 2002. During this time they have established a sterling reputation for providing niche products and advice which are difficult to obtain elsewhere.

The business offers two main services, wealth management and mortgage advice.

The wealth management side of the business provides financial advice to indviduals and companies. It also offers specialist tax advice,bespoke investment products, an inheritance tax avoidance scheme and general tax ,pension and insurance advice.

Mortgage advice is the other side to the business,offering clients the best advice and mortgages possible. With the advantage of mortgage packaging, the company is able to speed up the mortgage process.

The company is fully conversant with all current legislation and guidelines relating to the Financial Services Authority and has its own strict internal standards that it adheres to at all times.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: North East
Year Established: 2002
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
The modern company office is located in a business park a short distance from a busy North East city centre. The offices are open plan and circa 3,500 sq.ft., with a boardroom and directors offices. There are four meeting rooms, a staffroom, kitchen and wc. The offices are centrally heated and have the benefit of air conditioning. The lease has until 2010 to run with an option to extend to 2015 after a rent review.The offices have space to house more people if required. Rent is circa £28,000 p/a with rates of circa £13,000 p/a.
Market competition and expansion:
The company boasts an affluent base of satisfied clients.There is a genuine need for tax, and investment advice, within this sector of the market. Property investment is also an area of huge growth, this is why the company moved into mortgage services.
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