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Acquisition adds 200+ to portfolio in Leeds

Leeds-based property company, Adair Paxton, has expanded its managed rental portfolio after acquiring longstanding Rothwell estate agent.

William Denton and Son was c founded more than 140 years ago with the current owners, Paul and Julie Simpson retiring after joining the business 45 years ago.

The deal will add more than 200 managed properties, located throughout Leeds and West Yorkshire, to Adair Paxton’s rental portfolio, which will now be managed by the firm’s Horsforth and Leeds city centre offices.

Guy Roberts, Director at Adair Paxton, commented, “William Denton and Son has an excellent reputation, built up over many years, and managed a significant number of properties, which made this a strategic and sought-after acquisition. “The portfolio includes a large number of regulated tenancies, which are long-term agreements between tenants and private landlords; the portfolio was a good fit that complements our lettings division.”

Paul Simpson added, “Although there was a lot of interest, Adair Paxton has a long history in Leeds and an expert team operating across all areas of the lettings spectrum, which gave us the confidence that they would maintain the high standards of service and professionalism that our landlords and tenants have come to expect.”

February 3, 2022

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