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Rampton Baseley, market-leading estate agents in South West London has acquired Palace Gate Lettings, a four-office operation that has been at the forefront of the lettings market in the same area since 1993.
Patrick Rampton, Rampton Baseley co-founder commented: “To date, we have largely grown organically to ensure that we can be consistent with the quality of the people we are recruiting. This is what makes us different. It’s what makes us better. From the time of our launch in 2008 we have worked closely with Charlie Weller (MD of Palace Gate Lettings) and his team. We consider him to be a friend and we have known his fantastic team for years. We know he shares our values and we believe that – most importantly – there is a true cultural fit.”
Joel Baseley, Rampton Baseley co-founder added: “Beyond the cultural fit there is of course fantastic business synergy. Given that our two businesses are already among the main players in the lettings market locally, it goes without saying that our strength in numbers will consolidate our market position and improve the offering to our respective clients. This will be the fourth lettings acquisition we have made, but it will easily be the largest, increasing our portfolio to over 1200 tenancies, and our network to seven offices. Rampton Baseley will also be adding our significant sales experience to the mix, expanding on the geographical locations as well as the company headcount.”
Charlie Weller (MD and founder of Palace Gate Lettings said: “There comes a time for every business leader to move on to the next challenge . I can honestly say that my clients and my team will be left in the very best hands. Indeed, when it came to selling, there was only ever one business I looked to – Rampton Baseley.”
The combined business will see a network of seven offices which will provide a strong platform for further growth and a recruitment drive at every level to help fuel this expansion.
Rampton Baseley directors from left to right; Rupert Nicholson (MRICS), Patrick Rampton, Joel Baseley (MBE).
Rampton Baseley opened on Northcote Rd, Battersea in 2008 led by Patrick Rampton and Joel Baseley on Northcote Road, with offices on Wandsworth Common and Tooting Bec soon following. Rampton Baseley’s head count will increase from 35 to 50 as a result of the acquisition.
Palace Gate Lettings was set up in 1993. Led by Charlie Weller, they opened offices in Clapham Old Town, Balham, Earlsfield and Battersea.