- Report: #820071
Complaint Review: Phoenix business sales - Oxford Select State/Province
Reported By:
Steve the chef -
Weston super Mare, , United Kingdom
Submitted:
Updated:
-
Author Not Confirmed
Why?
Phoenix business sales
7200 The Quorum Oxford, Select State/Province, United Kingdom
Phone:
0844 5675016
Web:
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Phoenix business sales Misleading, dishonest, deceitful chancers Oxford, United Kingdom
I was phoned by their people telling me they had cash buyers for restaurants like mine, i met with one of Phoenixs sales team and he assured me He could sell my business without it costing me a penny until contracts were exchanged. I wasn't really interested in selling but after a little thought I confirmed with the office it wouldn't cost me a penny until the business was sold I agreed to see the sales rep again to get the business valued. He came out and suggested I ask 66000 for it as this would then include the 6000 they charge for the selling fee,
he assured me they would have no trouble selling it and the price was more than I expected. He then asked for a deposit off 600 as a marketing fee. I didnt think I needed any money (as it was ment to be free until sold) so said I would forward it, I was also told this was refundable after 26 weeks if the business hadn't sold. I was given the contract which I signed even though I told the rep I was unable to read as I had no glasses,
I signed that contract on trust of the details he explained, it wouldn't cost me anything untill sold, they had cash buyers, and even the deposit was refundable after 26 weeks if the property had not been sold. I thought about it overnight and rang him the next day to cancell it as I was not happy about paying the deposit . The upshot of this is now they want 3000 cancellation fee and are taking me to court. To anybody thinking of using them, DON'T. Read all the bad press they have on this and other sites I wish I had.
he assured me they would have no trouble selling it and the price was more than I expected. He then asked for a deposit off 600 as a marketing fee. I didnt think I needed any money (as it was ment to be free until sold) so said I would forward it, I was also told this was refundable after 26 weeks if the business hadn't sold. I was given the contract which I signed even though I told the rep I was unable to read as I had no glasses,
I signed that contract on trust of the details he explained, it wouldn't cost me anything untill sold, they had cash buyers, and even the deposit was refundable after 26 weeks if the property had not been sold. I thought about it overnight and rang him the next day to cancell it as I was not happy about paying the deposit . The upshot of this is now they want 3000 cancellation fee and are taking me to court. To anybody thinking of using them, DON'T. Read all the bad press they have on this and other sites I wish I had.
