Selling a Nursery
Nurseries can be housed in many different types of properties which you may be looking to sell.
Frequently asked questions when selling a nursery
✅ How are nurseries defined in the UK?
✅ Are nurseries freehold or leasehold properties?
Your nursery can be either a freehold or leasehold property, depending on the type of building in which it’s housed. Freehold properties are those where you are the outright owner of the building and the land on which it is located. Leasehold properties are those where you own just the building for a set number of years in exchange for paying the freeholder a ground rent.
✅ Can I sell my nursery if it has structural problems?
✅ Will I have to pay Capital Gains Tax on the sale of my nursery?
✅ What factors might affect the sale of my nursery?
There are a number of factors that could potentially make the sale of your nursey harder or easier, and not all of them are within your control. If the economy is suffering, it can make it more difficult to sell any kind of property. Alternatively, if your nursery is in a popular location and routinely makes a profit, this will be much more attractive to any potential buyers.
✅ What are the swiftest methods for selling a nursery?
The speediest way to sell a nursery will usually be with a quick buyer, as these companies are able to complete all the steps required in purchasing a property within a handful of weeks. Selling through an estate agent or on your own might take more than a full year, whilst using an auctioneer will take at least many months in order to complete all the required steps.
✅ Will I have to pay commission when selling my nursery?
If you sell your nursery through an estate agent or auctioneer then you will have to pay commission that will be subtracted immediately from any sale proceeds, which will add to your selling costs. However, if you sell on your own or sell your nursery to a legitimate no-fee quick buyer such as LDN Properties then you will not have to pay any commission on the sale.
We’re rated as Excellent
Reviews.co.uk provide independent reviews from other people just like you!
"Successfully sold two properties direct to LDN Properties in the last two years. Genuine and trustworthy people and the dealings were straightforward." – Thomas from London
LDN Properties Limited, Linen Hall, 162 Regent St. London W1B 5TD
Company No. 04636129. ICO No. Z7733416. Ombudsman No. D12463.
Copyright 2003 to 2024