The following types of land are suitable for sale at auction:
Sale price You’re looking for the best possible price in the shortest possible time, correct? Of course. Auctions offer maximum exposure for your land from a variety of sources who are looking for a quick and cash purchase.
No fall throughs or chains Have you ever experienced a fall through? If not, you’re in luck as over a third of all properties fall through, annually, at least once. Auctions eliminate this risk entirely. Not only this, but chains do not exist in the auction world. Win Win.
28 day completion Once the gavel falls, contracts are exchanged and are legally binding. Completion is then just around the corner, 28 days thereafter.
Price setting Your first question upon selling will be, how much is my land worth? Upon valuation, once you have instructed us on your sale, our auction valuer will guide you in setting a reserve and guide price for your land. Of course, this figure will depend on criteria such as the following:
The plot size Whether the plot has planning permission What’s on the land boundaries e.g. residential development, flood plains etc
Does the land have road access? Whether the land has utilities on site The valuer will talk you through your options and together we will work out the best route to take, in order to achieve a maximum sale.
Properties are marketed both locally and nationally to create the greatest amount of interest. Included in the marketing campaign is the following:
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 telephone/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.
Fill out the form below and a member of the auction team will be in contact to arrange a free, no-obligation auction valuation.
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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.