100320

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Ref: 100320

Type of Firm: Solicitors

Location: Teesside

Teesside solicitors’ firm (SRA regulated partnership) with two offices looking for a merger or sale. Very well established in the area, turnover c£325k. Small team of staff for TUPE, limited local competition and clients mainly from recommendation and repeat business. Mix of work is residential & commercial conveyancing (61%), wills & probate (25%), immigration (10%), landlord & tenant & family (4%). Owners looking to retire, but will stay on for 12 months as consultants if required. PII £44k, offices mix of freehold and leasehold.

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