Reeds Rains Limited

  • Membership: Full
  • Sector: Estate Agencies & Property Management
  • Contact: Mr Simon Oldfield
  • Email:
  • Tel: 07720723344
  • Location: 1st Floor, 2 High Street, Garstang, Preston, Lancashire, PR3 1FA, UK

Company Overview

Reeds Rains was created in 1868 and since that time has established itself as one of the UK's largest and most respected estate and letting agency networks with more than 170 branches across England, Wales and Northern Ireland.

Its core principles reflect those of its founder, Samuel Rains: building great relationships, as well as being genuinely interested in customers and getting the job done, are the ways to achieve success. Reeds Rains was recently recognised at the Estate Agency of the Year Awards 2015 and the Lettings Agency of the Year Awards 2014.

It also attributes its success to never losing sight of the need for local expertise but, at the same time, thrives on the fact that it has the backing of parent company, LSL Property Services plc (LSL).

Franchise Overview

The Reeds Rains estate agency franchise is an exciting business opportunity for existing estate agents - whether managers, listers or experienced negotiators - who have several years’ experience but who are now looking to make their next career move into running their own business.

As well as the advice and guidance of a dedicated and highly experienced franchise operations director and help in finding and adapting premises, marketing, IT, recruitment, training and ongoing business advice - including support in complying with regulatory requirements.

In addition to residential sales and lettings, franchisees can benefit from the widespread expertise of LSL to generate additional income opportunities from mortgage and conveyancing referrals to private survey and new homes sales.

Key Information

  • Network Size: 26-50 franchise units
  • Franchise Type: Management
  • Typical Start-up Cost: £150,000
  • Minimum Personal Investment: £150,000
  • Franchise Location: Office-based
  • Market: B2C

To understand exactly what is, and what is not, included in this financial information, click here (opens in a new window).


With a dedicated training and development team we can provide comprehensive training packages to place you in a great position to launch your business - with ‘boot camp’-style training to get you started - as well as more’ role specific’ training as your business progresses.

There is also ongoing support available in ensuring that your business complies with statutory requirements, with complementary training provided when it matters most.

Daily Life of a Franchisee

From attending valuation appointment to winning sales or lettings instructions, conducting viewings for those looking to buy or rent or simply greeting or helping customers in branch, the role of an estate agent franchisee is wide and varied but - with the right mindset - a great chance for motivated and experienced individuals to independently manage their own estate agency business and, as a result, independently reap the benefits of their efforts and those of their team.

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