ExxonMobil Leatherhead campus up for sale for £51m

Fri, 25 Nov 2016 | COMMERCIAL PROPERTY

Global oil and gas firm ExxonMobil is to put its headquarters campus building in south-east England up for sale for £51 million.

According to CoStar, the commercial property information company, ExxonMobil has appointed CBRE to market the 185,000 square foot Ermyn House campus in Leatherhead, Surrey.

It is reported that ExxonMobil, the world’s largest publicly traded oil and gas company, wants to do a sale-and-leaseback on the site.

The campus covers 21.4 acres and its asking price represents a net initial yield of 6.81 per cent. There are also potential development opportunities at the site, including residential potential.

ExxonMobil is not the only south-east occupier eyeing property sales. Earlier this month it was reported that pharmaceutical firm GlaxoSmithKline had appointed Cushman & Wakefield for a £95 million sale-and-leaseback of its three-building, 300,000 square foot site at Stockley Park West in Uxbridge.

The campus is understood to be drawing strong interest from private equity as well as local authority buyers, CoStar said.

Take a look at our 'Other' category page for commercial properties for sale.


Share this article



Latest Businesses for Sale

Bills of Quantities & Other Costing Documents to Construction Sector
UK Wide

Strong second-tier management team. Operates from two freehold premises. Offered for sale to facilitate continued growth under the impetus of a new owner. Offers invited.

Asking Price: Offers Invited
Turnover: £561,000

FREEHOLD


Licensed Restaurant
Kent, South East, UK

The spacious property is a Grade II listed building and was built in approximately 1470's. Excellent trading position, in a sought after location.Business has been in the same hands for the past 18 years with genuine reasons for sale. Substantial loa...

Asking Price: £195,000
Turnover: £480,000

LEASEHOLD


Historic Brewery & Pub
Suffolk, UK Wide

A rare opportunity to purchase a micro-brewery and public house with a loyal local, regional and national following. Established more than 200 years ago to supply quality ales to the community of this market town, the brewery and pub continues the tr...

Asking Price: £749,950
Turnover: £816,510

FREEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
Feb
 

Street food catering firm seeks buyer after entering administration | ADMINISTRATION

Shrewsbury-based catering company MPM Catering has entered a...

 
20
 
Feb
 

Heycar acquires HonestJohn.co.uk following administration | BUSINESS SALE

Online used car service Heycar has purchased the independent...

 
19
 
Feb
 

On-demand laundry app snapped up after administration | BUSINESS SALE

Laundrapp, an on-demand laundry service which was touted as ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
29
 
Jan
 

Glasgow's former Dunnes Store building up for sale | COMMERCIAL PROPERTY

The former home of the Dunnes Store in Glasgow city centre i...

 
13
 
May
 

London's St Katharine Docks on the slate | COMMERCIAL PROPERTY

Central London’s only marina, St Katharine Docks, is u...

 
17
 
Jan
 

Iconic London shopping arcade Burlington on sale for £400m | COMMERCIAL PROPERTY

An iconic London shopping promenade that’s home to lux...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources