Selling by auction is quick, secure and hassle-free

As one of Scotland’s largest firms of Chartered Surveyors and commercial property experts, we are well placed to advise you through the process from start to finish and to help you understand the different options available to you.

There are many advantages of selling your property by auction, it’s flexible, quick and secure. You can choose the type of auction that best suits your circumstances, set your own timescale and with the purchaser either exchanging contracts or paying a reservation fee to secure the property, you know they are committed to their purchase.

The benefits of selling by auction include:

Investment Property

Commercial Investments are increasingly sold at auction and appeal to a wide range of investors to include, local private investors to established national investment.

Security of sale

With the buyer exchanging contracts immediately on the fall of the gavel they are legally bound to purchase the property.

Fixed timescales

You can start and end a timed auction at any time to suit you with fixed exchange and complete dates, giving you total control.

Alternatively, you can include your property to be added to one of our forthcoming ‘live streamed’ commercial auction events.

Minimum reserve price

With the reserve price agreed in advance, your property will never sell for less than you’re prepared to accept.

We can sell your property via a timed auction or in one of our ‘live streamed’ commercial auction events:

Timed Auctions

Our timed auctions give you total flexibility over the sale of your property, allowing you to set a timescale to suit your circumstances. Interested parties can place bids from wherever is convenient for them, and competitive bidding against each other will achieve the best price possible at the end of the sale.

Live-Streamed Auction Events

Partnering with the UK’s most successful live-streamed auctioneer, SDL Auctions will be hosting our live-broadcast commercial property auctions, putting a familiar face to the screens of thousands.

We would be delighted to provide a no obligation appraisal of your property or discuss the benefits of selling by auction. Please complete your details in our appraisal form  and we'll be in touch to discuss the process further. Alternatively, please call us direct on 03330 164 000.

Selling by auction FAQs

What type of properties are suitable for auction?

All commercial property types are suitable for auction, including offices, industrial premises, retail units and hospitality investments such as hotels, public houses and restaurants, together with land and buildings with development potential.

Can I set a minimum price for my property?

Yes a property cannot be offered without a reserve price, this is the minimum price your property can sell for, this is confidential between you and the auctioneer.

What is a guide price?

Properties are advertised with a guide price, which is based on your likely reserve price. The guide price has to be within 10% above or below the reserve price when a single figure is stated. If the guide price is a bracket figure the reserve price cannot exceed the top end of the bracket price.

Can I accept an offer before the end of the auction?

You can consider an offer at any time. We will advise you if we think it is best to wait until the end of the auction but it's your decision if you wish to accept it. We will still ensure that the buyer agrees to the usual auction terms.

What areas do you cover?

We cover all types of commercial properties throughout the length and breadth of Scotland. We have 11 commercial offices with around 50 fully qualified commercial chartered surveyors.

What types of commercial property are suitable for auction?

All commercial property types are suitable for auction, including offices, industrial premises, retail units and hospitality investments such as hotels, public houses and restaurants, together with land and buildings with development potential.

Does my property have to be sold to a cash buyer?

Generally yes. Bidders need to have immediate funds available in order to exchange contracts on the fall of the hammer.

How do I get further advice?

Our auction team is available to offer you all the help and guidance you need, to ensure you're comfortable with selling by auction. Please give them a call if you have any questions and they'll happily guide you through the process to ensure selling by auction is the best route for you.

A Selection of our Recently Sold Properties