first_imgHome » News » Agencies & People » Belvoir franchisee buys Belvoir corporate branch previous nextAgencies & PeopleBelvoir franchisee buys Belvoir corporate branchThe Negotiator11th May 20170774 Views Belvoir Lettings plc has sold its Burton corporate owned office to an adjacent Belvoir franchisee which operates in Hinkley, Nuneaton and Tamworth.This sale is in line with Belvoir’s strategy of implementing a franchise solution for most of its remaining six corporate-owned offices, to enable the Group to further focus its resources on its franchise business.Belvoir now has only five corporate offices, it intends to retain the two corporate Belvoir and Newton Fallowell offices in Grantham for system development purposes and aims to complete a further disposal next month.Mike Goddard, Chairman and CEO of Belvoir said, “We are delighted that we are making progress on both our strategy to support franchisee-led acquisitions and to divest the Group of its corporately owned offices. Our franchisees have fantastic local knowledge and the drive to succeed, and we are pleased to be transferring ownership of the Belvoir Burton office to one of our ambitious franchisees.“We are constantly looking for ways to progress the business and continue to grow our franchised network.”Belvoir Belvoir corporate branch Belvoir franchisee May 11, 2017The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img