• Lawrence Wright - Specialist Business Agent

Lawrence Wright

Specialist Business Agent

Sale and acquisition of Guest Houses and Hotels

South and South West of England

Lawrence Wright is a Specialist Business Agent dealing in the sale and acquisition of Guest Houses and Hotels in the South and South West of England.

Lawrence qualified at the West of England University in Valuation and Estate Management which allowed him to be an Associate of the Incorporated Society of Valuers and Auctioneers now known as The Royal Institute of Chartered Surveyors.

His early career was in Auctioneering, particularly Agricultural and Chattels, later moving into Residential, Boats and Boatyards on The Norfolk Boards. Looking for new a challenge Lawrence moved to the West Country with his family and joined a Specialist Business Agency and became a director of what was to become the largest company of its kind in the region with 1200 businesses for sale. He was the highest fee earner and in addition to sales, acted for private and corporate clients in the acquisition of businesses. Following a period working for a major high street bank he established the West Country Licenced Property Auction.

Since 2001 Lawrence has specialised in sales of Hotels and Guest Houses + Cafes, Tea Rooms and Restaurants. He also offers specialist Retail Opportunities. He advises on the creation of Leasehold Business Investments for Private and Corporate clients which links to his expertise in the sale of leasehold guest houses in Weymouth, Dorset where he has been the main agent since 2001 and where 90% of Hotels and Guest House on the seafront are leasehold.

In addition to his existing business Lawrence has moved into the business investment area having attracted a number of individuals and investment companies who wish to capitalise on the strong Hospitality Sector and are keen to invest in Freehold Hotels and Guest Houses in busy resorts on the South Coast of England in order to lease them, long term, to good tenants. These businesses are generally from 5 to 20 Letting Bedrooms and have good owner’s accommodation and profitable accounts. A sale and leaseback arrangement can sometimes be considered rather than an outright sale which allows existing operators to remain but release capital for say, a holiday home abroad to enjoy in the quieter winter months.