Hampshire Property Management IM

Hampshire Property Management Limited | Information Memorandum

EXECUTIVE SUMMARY

OVERVIEW

1.1. Hampshire Property Management Limited is an apartment block management and maintenance specialist serving the Hampshire county and immediate surrounding area.

1.2. Henceforth, Hampshire Property Management Limited will be referred to as ‘HPML’ or ‘the Company’.

1.3. The Company employs its own dedicated maintenance team, which enables it to react as soon as possible to any emergencies and further enhances its relationship with clients.

HISTORYAND OWNERSHIP

1.4. HPML benefits from a wealth of experience dealing with residential block management and maintenance, with its reputation for providing an excellent service having been developed since its inception in 2009.

1.5. The shareholding of the Company is divided equally between Nigel Spencer, the Director, and Neville Goddard, the Partner. The Director runs the management side of HPML and the Partner manages the maintenance team.

1.6. Having built up the business over the course of 14 years, our Clients are now offering the Company for sale to facilitate plans for retirement.

SERVICES

1.7. Priding itself on the quality of its offering, HPML offers comprehensive block management services, including collecting service charges and paying relevant contractors. The Company is also responsible for undertaking annual budgets and arranging the completion of annual accounts.

1.8. HPML offers a comprehensive service, with a dedicated team in place to handle any maintenance issues, including:

• Block cleaning • Window cleaning • Bin cleaning • Gardening and landscaping

• Painting and decorating • Lift maintenance engineers • Ground work

1.9. The Company is a member of the Property Redress Scheme (PRS), which demonstrates its attention to detail and commitment to providing exceptional services.

CLIENTS AND MARKETING

1.10. HPML provides its services to circa 39 blocks, all of which contain residential tenants. The Company works closely with residential property owners to provide exceptional service standards.

1.11. Sales leads are generated organically with minimal reliance on proactive marketing, presenting a strong development opportunity.

4