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Private Treaty
This is the most common form of buying/selling a property and essentially
involves a binding private contract for sale to be drawn up
between the parties.
A sale of a property or investment opportunity by "private
treaty" allows the vendor a much greater degree of control
over the actual sale process and any specific conditions that
should apply.
However, unlike a sale by auction, the actual completion
of the sale can take considerably longer to achieve.
A commercial property agent is usually appointed to manage
the disposal process and a marketing strategy and marketing
budget should be agreed with the vendor, to meet the client's
particular requirements.
The agent's fee is usually based on a percentage of the sale
proceeds achieved and tends to be in the region of between
1% to 2.5%.
This will usually be exclusive of VAT and disbursements,
and legal costs.
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Before you go office
hunting, make sure you have defined your space needs and service
priorities. Global Office Search can help you determine your
exact space requirements, locate the commercial properties that
best fit and help you negotiate favourable terms. |
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Global Office Search
Global Office Search
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| Global Office Search can provide
in-depth knowledge. |
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| Insight on the potential
for buying, selling or leasing offices and commercial
property and land in London and throughout the UK. |
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| We specialise in offices, with or without
warehouse, distribution or industrial space, and we represent
many owners, occupiers, developers and investors across the
country. |
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| As part of your office relocation
process, we offer an informal meeting to assess the realistic
options of selling or letting existing commercial property
or finding more suitable alternatives. |
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| We make our recommendations
but you decide what happens next. |
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