PRACTICES FOR SALE

About this Practice

Location: South Wales

This well run practice with two offices is situated in South Wales.  The practice undertakes a variety of work – all privately paid and to include:

  • Residential Conveyancing
  • Commercial Conveyancing
  • Wills, Trust, Probate, Estate Planning and LPA’s
  • Matrimonial

The following has been extracted from the firm’s Year End Accounts, prepared by the firm’s external accountants:

Year End 30th June 2021 2020 2019 2018
£ £ £ £
Fees 788,347 645,518 665,459 699,634
Bank deposit interest 337 6,126 4,997 1,802
Government Grant 2,437 13,600 0 0
Coronavirus Grant 0 10,000 0 0
Gross Income 791,121 675,244 670,456 701,436
Less Expenses 454,654 486,282 457,554 448,256
Net Profit 336,467 188,962 212,902 253,180

Estimated Work-In-Progress, £150,000.
There are no current Professional Negligence Claims against the practice, nor are there any Notifications made by the practice to its Indemnity Insurers.
Consultancy available.
Excellent opportunity!

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