Estate agent announces acquisition of Rowland Gorringe

All three locations are in East Sussex, where Oakfield has had a presence since the mid-1990s. It runs branches across Hastings, Eastbourne and Bexhill-on-Sea, having started off with just one small site in Hastings, established by Neil Newstead and Stephen Ruxton-Cocker. The firm specialises in residential sales, lettings and block management.

Edward Gorringe has already retired from the business, all remaining staff will transfer over to Oakfield.

For its part, Rowland Gorringe Estate Agents was founded nearly a century ago in 1926. Like Oakfield, it is very much an independent, family-run business, and highly respected in the areas in which it works. Its operation encompasses sales and lettings. In recent years, it has been a Gold winner in the British Property Awards on more than one occasion.

Founder and CEO at Oakfield Neil Newstead commented: “We’re all absolutely thrilled that the Rowland Gorringe business will now benefit from our extensive expertise, as well as our greater economies of scale. We have deep roots across East Sussex, and the county will always be our home. Thanks to this acquisition, we’re now ideally placed to offer our high-quality estate agency services more widely across our region.

“And customers of Rowland Gorringe and Oakfield will benefit from our investment, growth, expertise and a great team of professionals. We’re looking forward to a busy spring and summer ahead, and to running the new offices.”

A separate office in Seaford, trading under Rowland Gorringe is unaffected by this acquisition.