Second acquisition of the year for regional agency

Regional estate agency group Sheldon Bosley Knight has snapped up its second business in recent weeks.

It’s acquired Charles Kimbell Lettings in Market Harborough, and brings its 250 fully managed properties to SBK’s books.

Charles Kimbell was founded and established in 1991 and has two offices – Market Harborough and Lutterworth – covering south Leicestershire.

SBK lettings director Rebecca Dean comments: “This acquisition is a perfect fit for our business and further strengthens our Andrew Granger office in Market Harborough taking the portfolio size to almost 800 fully managed properties. We are very happy the staff who are also very well established within the business will be joining us and will continue to support the landlords and tenants within this portfolio.”

Charles Kimbell owner Stephen Kimbell adds: “The owners have decided it is time to retire and sell the business. A buyer has been carefully chosen, primarily for the benefit of landlords and tenants, who are locally based and an independent agency with the resources to deal with the changing times facing the private rental sector.”

SBK, which celebrated its 180th birthday last year, has more than 160 in-house staff in offices across Coventry and Warwickshire, Leicestershire, Worcestershire and the Cotswolds. The firm acquired the local Charles Saville agency and lettings book in February.