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High Street Solicitors' Practice for Sale - "TN" Postcode AreaWe are delighted to have been retained by a High Street Solicitors' Practice in the "TN" postcode area of Kent. This is an opportunity to acquire a small High Street Practice based in a busy Kent dormitory town with close proximity to Tunbridge Wells with no other Solicitor in the immediate vicinity.Turnover is in the region of £225,000 and was made up of Residential Conveyancing [65%], Wills/Trust/Probate [3%], Matrimonial [20%], Commercial Property [2%] plus 10% miscellaneous. The business does not hold any legal aid franchises although the Principal also owns the freehold of the property. The Principal is looking to sell the business as a going concern but would be prepared to remain in a consultancy capacity for a short while to ensure a smooth transition. The Firm's offices are in the centre of the town with close proximity to Tunbridge Wells, the M25, M26 and M20 as well as main road connections to the Sussex coast and South East London. This is a busy residential town with a high turnover of residential property sales. There is a little light industry, some commercial and industrial estates but generally this is an affluent area of Kent. The Principal believes the Practice could be developed considerably into additional private client areas as well as commercial and legally aided work presently referred to other Solicitors. If you are an individual looking to acquire a small High
Street Practice, this would be ideal for you. Likewise, we are anticipating
interest from local and provincial Practices interested in gaining a foothold
in the area to target the lucrative Commercial and Private Clients in
Kent and South East London. In addition, there is significant potential
to bolt on a Private Client Practice to an existing general Commercial
Practice. |
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