Welcome to National SchoolTransfer
Thinking of buying or selling a school, nursery or other educational establishment? Then welcome to National SchoolTransfer (NST), offering a service that is…
National SchoolTransfer has operated on these three principles since it was founded in 1989 when one of the co-founders, having just purchased his own school, saw an obvious gap in the school transfer market.
We have a constant flow of potential new buyers, due to our extensive advertising in the education market and an increasing number by word of mouth. To ensure the list of our buyers is still active, we regularly contact them to update our information about their requirements. We see no need to tie sellers to a sole agency agreement of any extended period - it could diminish their chance of a successful sale. We offer a high quality service but only charge commission rates of 2% or 2½% (see ‘Rates of Commission’ for further detail).
The Marketplace
Since the early 1990s NST has sold over 100 schools and there are usually up to 6 schools in current negotiations for completion at any one time.
The market for schools has recently been boosted by the entry of a number of large national and international companies who have calculated that investing their resources in education in the United Kingdom will prove to be a shrewd move. This upsurge in investment has made a considerable impact – NST historically has brokered roughly one sale every two months but from early 2004 the rate of sales has doubled to approximately one every month. The national media has given great prominence to the activities of the major groups in this field, but little notice has been taken of the many other groups that are also looking for schools to purchase, albeit out of the glare of publicity.
The confidentiality that NST provides means that the value of the school can be tested against a range of offers – effectively an ‘open market’. This is in contrast to the way in which some major companies have approached schools directly with exclusive offers. At first glance these companies appear to offer attractive terms but, because of the exclusivity they demand, it means that their price cannot be tested against competitive offers.
All dealings with National SchoolTransfer shall be governed by and construed in accordance with English Law. Disputes arising from this shall be subject to the exclusive jurisdiction of the English courts.
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