A lettings agency in Bradford has re-launched itself after moving into sales and, as well as opening a new £1.2 million headquarters in Leeds, says it now has nationwide aspirations.
Priestley Lettings, which was established in 2010 and until recently was based on Great Horton Road in Bradford and focussed on student lettings, has become Priestley’s Estate Agents with offices within the group’s large new HQ on Elland Road in Leeds, close to the famous Leeds FC stadium.
The expansion has been initiated by the agency’s parent company The Priestley Group, which was founded by former semi-pro rugby player Nathan Priestley. Its other arm, a house builder, currently generates the largest slice of the profits and turnover within the group.
Priestley’s Estate Agents now offers properties for sale and to rent and, Nathan hopes, is expected to double its £250,000 turnover by 2021.
The Priestley Group also says its new sales and lettings operation has national aspirations and plans to open branches in Manchester and York soon.
Over the past eight years Priestley’s lettings team has amassed a management portfolio of 500 residential properties across Leeds and Bradford, and extra staff have now been hired to run the enlarged business.
This includes a new branch manager at its Leeds office, a new sales and lettings negotiator and two apprentice administrators.
“Following eight years of Priestley Lettings success in the ever-buoyant Yorkshire market, it was only a matter of time before we expanded into sales to continue our growth,” says James Priestley (picture, left), who is Nathan’s brother and runs the residential agency side of the group’s business.
The Priestley brothers endured a fraught family episode in 2011 when their father, a Falklands war veteran and lorry driver, disappeared with over £1 million of cash belonging to business associates, sparking a European-wide police hunt and a later court case.