Posted: 3rd August 2022 | Back to news feed

 

 

Episode summary introduction: In this episode we chat to Anthony Meadowcroft, a Director at Charles Louis Commercial agents about why he specialised in commercial estate agency, NAEA Propertymark, his current Chairmanship of the Commercial Advisory Committee, selling equestrian commercial property and businesses, the things to consider when doing so and the state of play in the market…  

 

Topics discussed in this episode:

  • NAEA Propertymark – what is this?  [01:35]
  • What led Anthony to specialise in commercial estate agency  [04:37]
  • Why Charles Louis looking to have a focus on and offer services to the sector [05:56]
  • Common misconceptions and pitfalls when considering the sale of a business [08:19]
  • Top tips for those considering selling their business [16:00]
  • Predictions for the commercial market over next 12-18 months [24:20]
  • Insurance for larger commercial establishments [33:13]

Resources for this episode:

 

  • Top Tips:
  1. Sell when the time is right for you and plan ahead
  2. Understand your opposites position whether you are buyer or seller
  3. Transparency
  4. Buyers consider ‘emotional investment’ made by current owner
  5. Understand how and where the agent will be looking to market your business sale

 

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