If buyers stick by their guns and target businesses in these regions their value will remain robust
London, Devon and the West Midlands are the top three regions in which business buyers are seeking to invest according to the latest poll by BusinessesForSale.com.
The website, which listed 17,262 businesses for sale in June, has recorded an unchanged top three regions since January 2015. A total of 5,744 enquiries were made in June 2015 collectively for the top three.
Supply falls behind demand over the same period with the concentration of businesses advertised for sale coming from the North of England, suggesting vendors in the three most searched locations are very much in a sellers’ market.
In June 2015 the ratio of buyer to vendor in London was 5:1, in Devon it was 5:3 and in the West Midlands it was 2:1.
The regional influence of property prices is always a factor in commercial property valuation, and this element - particularly in the Capital and Devon – is likely to strengthen the buyer position in the top three regions.
Rufus Bazley, Marketing Director at BusinessesForSale.com comments, “London and Devon have always been powerful draws for business buyers willing to pay a premium price. However there is not always such a big gap between supply and demand. If buyers stick by their guns and target businesses in these regions their value will remain robust, but as the North of England continues to feature heavily in our survey on the supply side, there may be a trend for those with longer range goals to invest elsewhere.”
Notes to Editors
Figures to which this release refers to are listed below, for a full copy of the report email email@example.com
County Total enquiries June 2015
West Midlands 1144
West Yorkshire 1084
Greater Manchester 794
East Sussex 545
South Yorkshire 511
County Total Listings June 2015
West Yorkshire 735
West Midlands 586
Greater Manchester 547
North Yorkshire 433
County Total Enquiries January 2015
West Midlands 856
West Yorkshire 743
Greater Manchester 511
North Yorkshire 432
East Sussex 421
For more information contact Ruth Stone, Orchid PR on 01483 358710 / 07788 417109 or email firstname.lastname@example.org
BusinessesForSale.com is a global business exchange website and a market leader in the UK listing thousands of commercial premises, businesses with assets and franchise opportunities every day. In addition BusinessesForSale.com supports the broker and business communities with market insight, online tools and germane content