Commercial Property

Selling your commercial premises

Whether you’re looking to sell your commercial building to the highest bidder or have a unique unit that is struggling to sell, the specialist auctioneers can help.

Selling via auction has never been easier. This method of sale is becoming increasingly popular as the benefits outweigh that of a traditional commercial agents’ sale. The auction route is very different from a private treaty sale in that the time frame between instruction and completion is a lot shorter, thus saving you time by shortening the whole sale process.

Types of commercial property that sell at auction

  • Care Homes
  • Hotels
  • Offices
  • Warehouses
  • Retail Spaces
  • Shops
  • Multi-Use

Price setting

Reserve price This price will be agreed and set between the seller and the auctioneer at the point of instruction. This reserve price will mean that no bid will be accepted below this figure. Guide price This is the price the commercial premises will be marketed at, a starting figure. This figure will be displayed on all advertising portals, as well as our website and the auction catalogue. An attractive guide price will instil engagement of potential bidders and buyers. Our valuer will guide you as to setting a realistic guide price.

Preparing for the sale

In order to achieve the maximum price for your commercial premises, it is best you include all appropriate and necessary, additional information, that will form part of the legal pack. Some of the checklist will be documents you already have and some maybe reports you would need to acquire. These types of documents may include the following:
  • Planning number
  • Detailed Plans
  • Business rates and reliefs
  • Commercial EPC
  • Asbestos Survey
  • Searches
By providing detailed information the potential interest of your commercial premises will naturally increase.

High profile marketing

Properties are marketed both locally and nationally to create the greatest amount of interest. Included in the marketing campaign is the following:
  • Regional newspaper advertising
  • National internet and website portal advertising inc Rightmove and EIG
  • An erected ‘Auction For Sale Board’
  • Personal property listing within the Connect UK Auctions brochure and website
  • Postings to Company social media accounts including Facebook, Twitter, LinkedIn and Instagram
  • Individual property mailouts to thousands of active and ready-made buyers
  • Maximised exposure, with thousands of potential buyers logging in to watch the auction

Viewings

A number of open days will be held for your commercial property. These open days are accompanied by a member of our auction team who will be able to promote and answer any questions the attendees may have about your commercial property.

Auction day

A day of excitement for all (Judgement day). By this time all bidders have been fully vetted and registered, whether bidding in the room, on the phone, proxy or Connect Realtime©. All marketing avenues have been exhausted and legal packs downloaded. Your commercial premises will be featured in all of our auction catalogues and any final changes will be added to the addendum for the bidder’s perusal. When the gavel falls to the highest bidder, a legally binding contract is formed and exchange will take place. The buyer will pay his/her deposit and any fees necessary and completion will take place 28 days thereafter, unless specified.

Why do people sell via auction?

Price

You are in full control at all times. From the reserve price to the guide price, we are here only to advise. Setting an attractive guide price instils the engagement of potential buyers. The competitive atmosphere and the variety of bidders from different sources will push up the price organically. If a property is suitable for auction - expect the sale price to reflect that.

Speed

Property Auctions are best known for selling with speed. On the fall of the gavel contracts are exchanged and completion usually 28 days after. By following our advice and pricing the property at an attractive level, you can be sure of a quick sale and sometimes even a pre-auction sale. This timescale is legal and binding. Clients are attracted to the promptness of a swift completion of a sale.

Security

Imagine a sale with no possible fall-throughs, gazumping or gazundering. Once the gavel falls the buyer and seller are legally bound to the sale and contracts are exchanged. Neither party can pull out. Not only this, this method of sale eliminates any long negotiation processes and seller chains. This gives you, as a seller, total security, full control and peace of mind that your sale is guaranteed.

What our clients say about us

...I would thoroughly recommend Connect UK Auctions as the best most effective alternative to the conventional estate agents.
by Valery Stimpson
...My property achieved a very good price and completed in a matter of week. I would, most certainly recommend their services to anyone potentially looking to sell their property.
by Mr Richardson
...If I had known how much better it would be, I would have chosen Connect UK Auctions above an estate agent months ago.
by Jenny Turner
My wife and I were delighted with the service provided by Connect UK Auctions. Our house sold prior to the auction for an excellent price. Rob Jenkins was very professional and communicated well with all parties involved. A very smooth transaction.
by Rob Sellick
I have bought land and a residential property through Connect UK Auctions and even used their building team for renovation works. I must say I was always impressed with the help and support I received throughout my journey. Would definitely use them again and will be attending more of their auctions.
by Ross Slaughter
Easy to deal with and 100% professional easy and stress free.
by Sammy Vine
Exceptional service beginning to end. Would buy through you again! Thank you.
by Lisa Edwards
Excellent service outstanding staff.
by Kelly Simpson
Recently put in my property with Connect UK Auctions and they managed to sell it before the auction day!! Well above reserve. What a great guy. Happy client. Would use again. Thanks guys!
by Alex Brinklow
We have no hesitation in recommending Connect UK Auctions - their level of service and attentive service is second-to-none.
by Christian Budd
5/5

Subscribe To Our Investors Mailing List


By submitting this for you declare that you have acknowledged and agreed with our Privacy Policy

Compare listings

Compare

Book your free auction valuation

Fill out the form below and a member of the auction team will be in contact to arrange a free, no-obligation auction valuation.




    When would you like us to call you?

    By submitting this for you declare that you have acknowledged and agreed with our Privacy Policy

    Please add me to the mailing list

    You have a property vision.
    We have the journey to take you there.

    Get the auction catalogues delivered to your inbox the moment they are released. By joining our mailing list you will also receive property news, advice and upcoming lots before anyone else!

    By submitting this form you are agreeing to our privacy policy. To prevent further email communication from us you can unsubscribe at any time by clicking the link in the footer of our emails.

    We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp’s privacy practices here.

    Finance Enquiry



      Our in house finance team will be in touch shortly. Please click here if you wish to opt out.

      Surround yourself with those on the same mission as you.





        We would love to hear from you!

        If you have questions regarding buying or selling at auction or even have a general unanswered question, please fill out the form below and we’ll get back to you shortly, and remember, no question is too small.




          By submitting this for you declare that you have acknowledged and agreed with our Privacy Policy

          Add me to the Investors mailing list
          Add me to the Auction Academy mailing list