Thu, 21 Oct 2010 | COMMERCIAL PROPERTY
A recent report from property consultants Lambert Smith Hampton has revealed that the UK commercial property market is inundated with properties that were previously owned by councils across the country.
Public sector properties made up the vast majority of the property firm's autumn auction lots, with 100 of the 125 properties for sale being linked to councils in the past.
Amongst these buildings were offices, industrial units and care homes, which had been put up for sale prior to yesterday's government spending review, as councils attempted to claw back some much-needed money.
Fourteen industrial lots in Barnsley and a selection of office blocks in Leicester and Liverpool were on the chopping block.
Commercial investment buyers are showing most interest, as these council linked buildings can offer better value than other commercial property assets currently on the market.
Head of auctions Simon Riggall said, “Many of the investments up for auction have not been available in the market before. This creates a great buying opportunity - assets which have been tied up and unavailable are now appearing in the market,” he added.
The company provides internal fit-out services, including suspended ceilings, partitions, and raised-access floors, serving a wide range of clients with a strong recurring core client base, with a focus on careful risk assessment.
This dentistry is located in an affluent and prime location with a strong level of footfall, this practice currently offers the full range of private treatments including Implants, however has not pushed Invisalign or Hygiene work, leaving ample oppo...
LEASEHOLD
The company is a prominent supplier of high-quality, nutrient-rich feed for cows, calves, and sheep, with full technical support, dairy costings, yield predictions, and silage analysis. To complement its core product, the business also supplies molas...
06
|
Sep
|
Surrey Victorian country manor hotel on the market for £8m | COMMERCIAL PROPERTY
Stanhill Court Hotel, a Victorian Country Manor House hotel ...
06
|
Sep
|
Livingstone-based civil engineering firm falls into administration | ADMINISTRATION
Glenevin Limited, a Livingstone-based civil engineering firm...
06
|
Sep
|
Worcestershire accountancy acquires Cannock-based counterpart | BUSINESS SALE
A full-service accountancy and advisory firm based in Worces...
06
|
Sep
|
Worcestershire accountancy acquires Cannock-based counterpart | BUSINESS SALE
A full-service accountancy and advisory firm based in Worces...
06
|
Sep
|
Livingstone-based civil engineering firm falls into administration | ADMINISTRATION
Glenevin Limited, a Livingstone-based civil engineering firm...
06
|
Sep
|
Surrey Victorian country manor hotel on the market for £8m | COMMERCIAL PROPERTY
Stanhill Court Hotel, a Victorian Country Manor House hotel ...
Business Sale Report is your complete solution to finding great 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.