Hampshire agents Rob Forsyth and Jacob Felix (main picture) from Belvoir Tadley have snapped up another territory in Reading just four months after their last with the acquisition of Patrick Williams Estate Agents.

Jacob Felix says: “Patrick Williams has been established since 1945 and I believe is the second oldest independent agency in Reading.

“The previous owner, who is retiring, started his career there at the age of 16 and purchased the business in 1991, so he has run it for a long time and has done a fantastic job.”

TWO OFFICES

Patrick Williams has two offices – one in Tilehurst and a second in Pangbourne, a smaller village with high value properties up to the £3 million price mark.

Tilehurst, meanwhile, covers a broader spectrum of properties from £1 million down to the lower end of the market at around £150,000.

All the team at Patrick Williams will be remaining.

We can give the business and the team all the support that is required.”

Felix adds: “Because we operate under the Belvoir franchise model, we can give the business and the team all the support that is required.

“This is our sixth year and we now operate across two franchised territories with three franchised offices. We have taken on about 154-160 additional rental properties, but the sales side of the business is exciting.

DELIGHTED

“Rob and I are delighted that the acquisition has completed and our ambition now is to become the first Belvoir territory to achieve £1 million per annum of turnover purely from sales.”

Belvoir Chief Executive Dorian Gonsalves adds: “Rob and Jacob have done extremely well, winning many industry awards.

“I am delighted that they not only recently secured the Belvoir Reading territory but have also completed on this substantial acquisition which will open a whole world of new business opportunities.”