This is a thriving, well-established Sole Practitioner High Street Solicitor’s Practice, located in a small town in Oxfordshire, with a significant client base developed over more than 20 years.  There is a close relationship between the practice and local families, as well as with local estate agents, financial advisers and other businesses.

The principal wants to retire but would be happy to remain with the firm to assist with transition, on terms to be discussed.

Turnover is £200,000 – £225,000 a year. There is scope for the conveyancing work to be built up, and the probate work is increasing year by year. Apart from a substantial local client base, many clients who have moved away come back for repeat work over the years. There are over 1,000 wills held, as well as powers of attorney and deeds.

The firm’s revenue is generated from Conveyancing (including some commercial work) – 40% Wills, Trusts and Probate – 25% and Family Law – 35%. No litigation is undertaken and no legal aid work.

Apart from the Principal, there is one full time secretary and a part time self-employed consultant solicitor, who provides cover. Bookkeeping is outsourced.

The firm continued to operate at a profitable level during the coronavirus shutdown, with a substantial number of client enquiries currently being received. No staff were furloughed.

The firm operates from a ground floor office, which would be available for purchase or lease.

The practice has a good PI record and has had no difficulty in renewing its insurance cover.

The Practice would be ideal for one or two individuals who want to run a practice in an affluent area, where the clients strongly appreciate a personal relationship with their solicitor. The Practice would also be of interest to a larger firm looking to expand its area of operations. It is close to the M40 and two larger towns.

The Practice is valued in the local community, in a growing town with diverse business and individual activities.

For further information on this Practice please email blc.reception.fox@gmail.com 

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