During the 1995 season, the car was driven by Jean Alesi. The Frenchman took a fifth and second place with the car at the Brazilian and San Marino Grands Prix.
The car was returned to Maranello in 2018 where work was undertaken to restore and service it.
A full chassis service, repainting, brake and gearbox service was completed, and the car has been certified by Ferrari Classiche confirming the original chassis, engine and gearbox.
Car sales company Girardo & Co said the car is available to buy now and will be on show in its London showroom after returning from Rétromobile in Paris. However, the company refused to disclose the asking price.
Included in the sale are the lap time sheets from both tests Schumacher conducted with the team.
“It goes without saying that it is an honour to be handling the sale of this exceptional and significant F1 car, and to not only have the chance to spend time with such a machine but also find it a new owner is true joy,” company founder Max Girardo said.