Well established Property Maintenance business for sale

Business
Please quote reference B06678

CoGoGo is delighted to present to the market, Landlord Property Services (UK) Ltd a highly regarded and well established property maintenance company.

Landlord Property Services has been around for many years and our client has been in the industry since 2007. The business has been a real labour of love for him accruing many happy customers and a burgeoning reputation along with impressive year on year growth

The business is now being sold, albeit reluctantly and with a heavy heart only due to our clients wish to concentrate on his other business interests, he is keen for his beloved maintenance company to pass to an ambitious and entrepreneurial new owner who shares his vision and who can take this already thriving business to the next level.

Landlord Property Services is currently based in South Yorkshire and provides maintenance services for corporate, private and commercial landlords throughout South Yorkshire and the East Midlands. Collectively the business has over 20 years’ experience within the property maintenance industry and provides a one-stop solution to its clients for all their property maintenance needs. Our client has advised that the business could easily be relocated should the new buyer be interested. 

The business offers a wide range of services including;

• Building Works
• Windows, Glazing, Facias, Soffits and Gutter Repairs
• Gardening
• Roof Repairs
• Joinery
• Locksmith Services
• Gas/Plumbing Works
• Gas Certification
• Appliance Repairs
• Boiler Installation
• Electrical Installation Certificates and PAT Testing
• Painting & Decorating
• FRA Remedial Works
• Smoke Alarms and Fire Safety
• Fire Door Installation
• Fire and Floor Restoration

The business deals with a wide range of sectors including:

• Landlords
• Letting Agents
• Block Maintenance
• Commercial
• Domestic.

The sale will include the company website (lpsltd.net) and the business enjoys great visibility on the internet with impressive reviews such as;

“Fantastic service from LPS every time. They are honest, responsive, very reasonably priced and offer a range of thorough services. Would highly recommend!”

Reasons to Buy 

• A well established with an enviable reputation and many existing customers
• Current owner happy to offer a handover to ensure the continued success
• Ideal Bolt on to an existing maintenance or building business
• All fixtures, fittings and equipment included making this a real Turn-key business opportunity
• Scope for development by pursuing/expanding into other areas of the trade.
• Lucrative contracts and a customer database will be passed to a new owner.

Very rarely do businesses of this calibre come to the open market so early enquiry is highly recommended.

Location
Landlord Property Services is located in Sheffield, but could easily be relocated should the new buyer be interested.

Sheffield is a city and metropolitan borough in South Yorkshire. It lies directly beside Rotherham, from which it is separated largely by the M1 motorway. After many years of decline, the Sheffield economy is going through a strong revival. A survey by Knight Frank revealed that Sheffield was the fastest growing city outside London for office and residential space and rents during the second half of 2004. The UK Cities Monitor 2008 place Sheffield among the 10 best cities to locate a business today.

Sheffield is linked into the national motorway network via the M1 and M18 motorways. The M1 skirts the north east of the city linking Sheffield with London to the south and Leeds to the north. The M18 branches from the M1 close to Sheffield, linking the city with Doncaster, Doncaster Sheffield Airport and the Humber ports. Sheffield Parkway connects the city centre with the motorways.

Premises
The business occupies generous premises comprising two floors with a good sized workshop / store on the ground floor along with ample storage for all equiptment used on a day to day basis. There is also a secure parking space used for their vans.

On the first floor there is a generous main office that has space for at least 8 desks. There is a smaller office that is still generously proportioned and could offer sub-letting possibilities if not required. There is a kitchen and staff room. A customer waiting area completes the first floor accommodation.

The whole building has been renovated and is offered in top class condition with recently installed heating and air conditioning

Additionally the business rents a secure yard (600sqm) for the safe storage of skips and sand and gravel etc. This is rented on a monthly rolling basis at £260 per month.

Tenure
We are advised that the business is being sold on a Leasehold basis, with the current lease on a rolling lease. The rent is £7,200 per annum. 

Hours
The business hours are –

Monday – 08:00 – 17:00
Tuesday – 08:00 – 17:00
Wednesday – 08:00 – 17:00
Thursday – 08:00 – 17:00
Friday – 08:00 – 17:00
Saturday – Closed
Sunday – Closed

Staff
We are advised that the business is owner run and managed, with the help of 4 full-time members of staff and 2 part-time admin staff members. 

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £380,000, with a net profit in the region of £50,000. Full financials can be made available upon further request. 

Please quote reference B06678