Priority development : United Kingdom
Countries/Regions already covered : United Kingdom

The first CASTLE ESTATES® office opened in Milton Keynes in late 1979 at a time when lettings and property management were very much the poor relation in what was to become the property owning boom of the Thatcher years.

Competition was relatively light and this specialist branch, which was destined to become the Head Office focal point of the CASTLE ESTATES® network, grew quickly to become regarded as the premier lettings agent in the area. This reputation has been jealously guarded and built upon ever since and the growth of our Head Office means that CASTLE ESTATES® is one of the largest managing agents in the area. The Basingstoke office, originally used as a franchising pilot, opened in 1989, followed by acquisitions of existing businesses in Maidstone during 1995, Bristol in late 1996, Liverpool and South Hampshire in 1998 plus Bath and a second Milton Keynes office in 1999.

Cost & Fees for : United Kingdom
Franchise Fee : 30000€
Personnal investment : -
Total investment : -
Royalty fee : -

To satisfy its expansion plans franchising began in 1990 with a second pilot scheme and the rest, as they say, is history. CASTLE ESTATES® has always believed in being very selective in the number of franchisees accepted into its network and, unlike some property management franchisors, has no plans or desire to take on unrealistic numbers of new franchisees each year who, in simple truth, cannot subsequently be adequately supported.

Instead CASTLE ESTATES® only considers serious applications from around 8 - 10 prospective franchisees each year and our Full Research Manual is only issued to these enquirers. This means that during any rolling 12 month period 3 or 4 franchisees will be in the final stages of completing the most detailed research pack available within the industry while others will be progressing through the early stages of their two year training programme. The balance of those recruited during the previous year will be in their first year of trading and progressing through the second year of their two year programme. It is of course these early months which are the most crucial in any new business, and property management is no different.

This controlled expansion programme allows maximum concentration on and support of new franchisees and providing them with a comprehensive two year training programme guarantees them the best possible chance of success. Further support is also given by Head Office providing instructions on properties owned by Corporate Client Landlords ( subject to location ) for tenant find or full management and so providing a valuable income stream, often during the early months following initial launch, which is of course when the business most needs such support.

We are seeking entrepreneurial individuals who are attracted by the concept of being self-employed, yet at the same time retaining the support and 'safety-net' of having someone from our experienced management team available to give immediate help and support.

United Kingdom

Castle Estates
Samantha Knight - Franchising
Dawson Road - MK1 1QY - Milton Keynes - United Kingdom