We had offered advice to various committees at the Crystal Palace Bowls Club over the space of several years before finally concluding a sale during the third quarter of 2022.
As a committee, selling your Club's premises is a thankless task. In this case the bowls club had merged with another locally, and therefore had an alternative site to operate from. The pressure remained, though, to extract best value from the sale of their long-held freehold. The wrong agent over-valued the building initially, and their tenure yielded little or no serious interest. Several 'direct' offers followed but all aborted, resulting in nothing but a horrendous legal bill. We had remained in touch with the Club throughout and were ultimately appointed when the need for a sale became more pressing.
The subject property comprises a single storey, largely open plan building extending to approx. 18,900sqft and occupying a site of 0.8 acres. By adopting a tried and tested marketing strategy that has been honed over more than 20 years selling similar assets, we were able to generate considerable early interest. Several block viewings were held, and offers received from developers, faith groups, educational and commercial operators.
The Club favoured a prompt unconditional deal, and we concluded the sale of the freehold for £2.95M to an enterprise that runs artist's studios and creative spaces. We have a long and successful track record in acting for clubs, committees and charities selling all manner of property-related assets from churches and schools, to Scout huts and sports clubs. If your organisation has a property to sell or let, please get in touch.
PROJECT ADDRESS: Former Crystal Palace Bowls Club, 183A Anerley Road, Anerley, London SE20 8EF
