Tue, 02 Mar 2010 | BUSINESS SALE
The freehold of Liberty's flagship store in London's West End has been put up for sale. Property agent Knight Frank has placed a £40m price tag on the property, which has an easily recognisable frontage with mock Tudor beams.
The 134 year-old retailer, which is 68% owned by MWB Group, shrugged off the recession and saw its sales rise by a fifth in 2009.
After a sale, Liberty would remain in situ and lease the department store, which is located just off Oxford Street.
Its majority owner MWB aims to bring in new investors and partners to assist in plans to expand the brand, giving it a global presence.
MWB's chairman, Richard Balfour-Lynn, said that several parties have made their interest in the property known, which could lead to "an acceptable offer being made".
It is thought that the sale is likely to attract the interest of London property specialists Shaftesbury and Great Portland Estates, as well as overseas investors.
UK commercial property values rose by 1% in January, following five previous monthly gains in capital values, which has led to increased confidence in the market.
Charming village freehouse with guest accommodation available in the picturesque setting of Bude, Cornwall, offering a unique opportunity for hospitality entrepreneurs.
FREEHOLD
Opportunity to acquire a prominently located Cotswolds inn in Chipping Norton, ideally positioned at the village entrance.
FREEHOLD
An exciting opportunity to acquire a well-located and popular roadside pub in the charming town of Wareham, Dorset, presenting a fantastic prospect for investors or hospitality enthusiasts
LEASEHOLD
|
24
|
|
Apr
|
Red Blaze chooses employee ownership | BUSINESS SALE
Twigworth, Gloucester-based events business Red Blaze has tr...
|
23
|
|
Apr
|
Historic Black Country manufacturer makes new acquisition | BUSINESS SALE
A Black Country manufacturer which dates back to the 19th ce...
|
23
|
|
Apr
|
Power Capacitors bought by investor Harry Townshend | BUSINESS SALE
Power Capacitors, a Birmingham-based specialist in power qua...
|
24
|
|
Apr
|
Red Blaze chooses employee ownership | BUSINESS SALE
Twigworth, Gloucester-based events business Red Blaze has tr...
|
23
|
|
Apr
|
Hawkins brings peer A Lamb Associates into its flock | BUSINESS SALE
Hawkins & Associates has bought cost consultancy A Lamb Asso...
|
23
|
|
Apr
|
Power Capacitors bought by investor Harry Townshend | BUSINESS SALE
Power Capacitors, a Birmingham-based specialist in power qua...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.