Our commercial property auctions provide investors or companies the opportunity to purchase a number of commercial, industrial, mixed use and investment properties through our network of auction rooms across the UK.
One of the benefits of attending an auction is that our auctioneers will be on hand to dispense advice on the commercial properties available and can give you guide price recommendations whilst talking you through the entire buying process.
Commercial premises and investment opportunities
If you are looking for an investment or a renovation project then you may benefit from attending our commercial property auctions. Regardless of whether it’s a retail, office or industrial space you are looking for, SDL Auctions is likely to have something to suit you. Search for commercial property to buy today.
Why sell your commercial property at auction?
Our team are extremely experienced at selling commercial lots with properties consistently selling for more than 40% over their guide prices. SDL Auctions work with a range of sellers from private individuals, solicitors, trustees, executors and local authorities on a regular basis.
Selling at auction has many advantages – for one, it’s quick! The process takes around six weeks, there’s no chain and your property is sold on the fall of the hammer.
The potential market is also much greater than you might expect, as there will be investors, developers and property dealers all interested in buying on the day. Selling by auction could prove to be the best method for selling your property – it doesn’t have to be a last resort!
Our commercial valuers have a wealth of experience with Ian Tudor, our Head of Commercial Auctions, having over 25 years experience working in the Midlands property market he’s advised on everything from former churches to cinemas!
We always have investment property and renovation properties for sale, see which commercial properties are available in our online auction today.
How to sell your commercial property at auction
The process of selling itself is really straightforward. Firstly, you need to arrange a free auction appraisal – this will help you find out what price you can expect to achieve, the timescales and any and all costs involved. Make sure to choose an auctioneer carefully, as this can have a massive impact on whether or not you achieve the best price for your commercial property. It can be tempting to go with an auctioneer who quotes you the best price, but if it doesn’t sell you may be left with extra costs.
You will work with your auctioneer to set a reserve price, which is the minimum price you’d be happy for the property to sell at. This is completely your decision, and is used so that a guide price can be set. The reserve is kept confidential and is only made public if your property doesn’t sell on auction day.
It’s important to register your property for sale at least four weeks before the auction. This makes sure it is included in the catalogue, and allows time for the auctioneer to market it. To do this, you’ll need to pay an entry fee which covers the marketing costs. We will market your property on Rightmove, on our own website, in local press, our auction catalogue and through our national email database.
If you are looking to sell at auction then get a free valuation today.
Our commercial property auctions are held in Derby, Leicester, Nottingham, Birmingham, Manchester, Stoke and Chester, so you can be sure that there will be something, somewhere for you! In the past, we have sold a variety of commercial lots at auction, including everything from police stations and churches, to former pubs and public toilets.