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Accountants Lay Foundations for Success for Property Business

ByEmily

Oct 27, 2016

A BLYTH ENTREPRENUR has taken the property market by storm with his estate agent business that has made more than 180 transactions within only 11 months of trading.

Martin Trinder 37 from Blyth, launched Lennon Properties in 2015 and has already sold 40 homes, let out 120 and has a fully managed strong portfolio of more than 230 residential and commercial properties throughout Northumberland.

The business, based in Seaforth Street in Blyth, is well on its way it reaching its first year turnover target of £250,000 after receiving significant advice from Jesmond-based Robson Laidler Accountants and Business Advisors.

Lennon Properties managing director Martin Trinder said: “I have always had a keen interest in the property sector. Having purchased and sold my first property in 1997 at the young age of 18, I decided to put the skills I developed over the years to better use and set up my own unique business.”

“I like to think I’ve remained true to my roots by investing in Blyth, and contributing to the local community, which I see as a thriving town. Thanks to the invaluable accounting advice from Robson Laidler the business is certainly going from strength or strength.”

In 2015 Martin partnered with Annmarie Clark, who has 20 years’ estate agent experience as a manager and valuer, this combined with Martin’s experience as a landlord and property developer, saw the launch of Lennon Properties, which is named after Martin’s 10 year-old son Lennon.

Lennon Properties offers residential and commercial sales, lettings and property management and independent financial advice. They are a hybrid estate agency using cutting edge technology such as a live online portal for 24/7 updates on property performance, professional photography and competitive rates.

Lennon Properties has already expanded into commercial development by launching a separate build and property maintenance business named Imagine Build & Maintenance, which has a number of on-going projects such as Regent Snooker Hall and the conversation of the former Blyth HSBC Bank branch into luxury town centre apartments. They also have secured a maintenance contract for 150 residential properties.

Lennon Properties was given business support from Robson Laidler Accountants and Business Advisors, which put the legal structures in place to formalise both businesses as well as setting up accounts, tax submissions and asset protection.

Robson Laidler director Martin Wardle said: “It is always satisfying to work with driven business owners to help them achieve their goals.

“Blyth is an area of extensive growth and business investment; a hub for entrepreneurs and small businesses looking to develop their brand. We love supporting local businesses and relish the opportunity to help a small business get off the ground.”

By Emily