One of the country’s first Belvoir branch franchises has changed hands after approaching three decades. 

The resale of Belvoir Lincoln, one of the first franchises within the brand’s network, has completed following the retirement of previous owners, Paul and Sharon Collins. 

The new purchaser is Yusuf Yegeneh, with former office manager Becci Munro also becoming a franchisee, responsible for day-to-day operations.

Belvoir Lincoln was first established in 1996 and has grown from a home-based business to a city centre office with a team of eight staff, who are all staying on.

New owner Yegenah says: “My vision is to make Belvoir Lincoln into a showcase franchise that takes the best of what we know about new technology and running efficient operations and merging this with the best of Belvoir Lincoln’s amazing property management skills. 

“Belvoir Lincoln already offers amazing customer service, and their client retention is through the roof, with superb customer reviews. It’s exciting to imagine what we can do when we apply enhanced procedures and technology.”

The new owners want the branch to become a centre of information for any landlords interested in discovering why Lincoln is a great place to invest, and give insights into the best investment areas.

They say the Lincoln rental market is strong with five to 10 applications per property and 99 per cent renting within a week.

Belvoir Group chief executive Dorian Gonsalves says: “Sad as we are to say goodbye to Paul and Sharon, we are also delighted to welcome Yusuf and Becci. 

“Their combined skill set, experience, and ambitions leave them perfectly placed to take Belvoir Lincoln into the next phase of its history. I have no doubt that they will be hugely successful in their future business plans.”