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shem56
shem56
Posts: 10 Forumite
We own a business (holiday flats) and are looking to put this up for sale. Any advice on what to ask the Estate Agent and what to watch for, as have never done this before. Thanks.
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Comments
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You need to find an estate agent with experience in businesses, not a residential one. Also a national presence as I guess people outside your area could be interested.
Remember you want the agent with the best chance of selling the business, not the one that values it at the highest price or the one with the lowest commisssion.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
It is some time since I sold a business, but at the time I employed a specialist Business Agent, who was one of many who advertised in the Daltons Weekly. If it is still available, it might be worth getting a copy to see who deals with properties in your area, and then contact them for rates.Be warned, their charges are likely to be higher than a domestic estate agent, but this reflects their experience in this field, and they can also advise potential purchasers of commercial mortgages etc.0
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