Commercial Property Auctions in London: Definitive Guide
Whether you’re looking to buy or sell commercial property fast, London’s vibrant auction scene offers a plethora of options. This definitive guide introduces you to top auction houses that specialise in commercial property auctions in London. We’ve got expert advice for both sellers and buyers, ensuring you make informed decisions.
1. Acuitus
A team with over 30 years of experience in commercial asset sales, renowned for their in depth knowledge and the quality of their sales particulars.
Geography: National Commercial (London, Greater London & Home Counties)
Speciality: Commercial only
Sellers Tip: Ensure your property is high street located with a strong tenant covenant. Acuitus excels in Scottish commercial properties.
Buyers Tip: Acuitus is very proactive, responsive, and will ensure all your pre-auction queries are addressed.
2. Allsop Commercial
With over a century in the real estate auction space, Allsops stands as one of the UK’s pillars in the auction community.
Geography: National
Speciality: Commercial & Residential
Sellers Tip: Allsops is perfect for commercial mix properties or assets located on secondary or tertiary parades.
Buyers Tip: Enjoy a seamless buying process, thanks to their shared platform with Allsops Residential.
3. Auction House London
As the independent flagship franchisee of the Auction House brand, they bring an energetic approach to auctions.
Geography: National Residential & Commercial (London, Greater London & Home Counties)
Speciality: Residential & Commercial
Sellers Tip: Engage with the appropriate team (corporate, traders, or owner-occupiers) for an effective experience.
Buyers Tip: Register your interest to receive comprehensive updates about the property of interest.
4. Barnett Ross
An auction house with a solid reputation, known for securing impressive hammer prices.
Geography: National Commercial & Mixed-Use (London, Greater London & Home Counties)
Speciality: Commercial & Mixed-Use
Sellers Tip: Ideal for sellers with properties in South East London and the Kent borders.
Buyers Tip: Expect responsive and helpful communications throughout your purchase process.
5. BidX1
Hailing from Ireland, this tech-driven platform offers an innovative auction solution tailored to the modern market.
Geography: National Commercial & Residential (London, Greater London & Home Counties)
Speciality: Commercial & Residential
Sellers Tip: BidX1’s unique technology platform is tailored for specific property types, so ensure your property aligns with their strengths.
Buyers Tip: Registering can be cumbersome, but their bidding platform is intuitive and user-friendly.
6. Network Auctions
A highly competent team leveraging both local and national expertise.
Geography: National Residential & Commercial (London, Greater London & Home Counties)
Speciality: Residential & Commercial
Sellers Tip: Utilize their vast network to ensure you get the best price for your asset.
Buyers Tip: Experience a simplified registration and bidding process.
7. Philip Arnold Auctions
A reliable choice for assets located in the West London to Middlesex area.
Geography: Residential & Commercial (London, Greater London & Home Counties)
Speciality: Residential & Commercial
Sellers Tip: Rest assured, your property is in experienced hands with Philip.
Buyers Tip: Buying is straightforward and Philip ensures transparency throughout.
8. Savills
Backed by an international brand, Savills blends traditional auctioneering with modern techniques.
Geography: National Residential & Commercial (London, Greater London & Home Counties)
Speciality: Residential & Commercial
Sellers Tip: Leverage their widespread network for a successful property sale.
Buyers Tip: Experience engaging, live-auction style proceedings that keep you involved every step of the way.
9. Strettons
Based in East London, Strettons offers a mix of residential and commercial properties backed by an in-house receivership.
Geography: National Residential & Commercial (London, Greater London & Home Counties)
Speciality: Residential & Commercial
Sellers Tip: Particularly effective for properties akin to those in Allsops’ catalogue.
Buyers Tip: A straightforward process that ensures buyers have everything in place before the auction.
We hope this definitive guide to commercial property auctions in London equips you with all the knowledge you need, whether you’re looking to buy or sell. Stay updated, make informed decisions, and happy bidding!
