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.
Operating in excess of 30 years print and embroidery specialists. This is a retirement sale. Offers invited.
LEASEHOLD
Large property portfolio. All properties are residential. All properties are in good order. Situated in a compact geographical area. Offers invited.
Established 1981. Enviable reputation. Fantastic trading location. Semi-retirement sale. Offers invited.
LEASEHOLD
|
17
|
|
Jul
|
Preston caravan manufacturer seeks buyer following administration | ADMINISTRATION
A caravan manufacturing business in Preston is on the lookou...
|
16
|
|
Jul
|
Farsound Aviation sold to AGIC for £115 million | BUSINESS SALE
A supply chain management company operating in the aviation ...
|
15
|
|
Jul
|
Specialist engineering firm forced to appoint administrators | ADMINISTRATION
Rail contracting company Aspin Group Limited has been forced...
Sign up to receive our acquisition alert emails to get your FREE guide
|
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...
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