Whether you’re trying to sell your commercial units or want to buy commercial space at the best rates possible, our property auctions attract a wide pool of buyers and sellers throughout the year.
Unsure if this avenue is right for you? If you find yourself in any of these groups, there’s a good chance that our commercial property auctions could be what you’re looking for:
Selling a challenging property: If you’ve struggled to sell your commercial space elsewhere, a property auction could be the best option to secure a buyer. We adopt a proactive marketing approach that gets your lot in front of the right kind of buyers, with an expansive national reach to maximise your opportunities.
First-time auction buyer: Unfamiliar with how the auction process works? We work with buyers and sellers to introduce them to everything you’ll need to know; from listing your commercial property with us to navigating completion once the hammer falls.
Looking for unique spaces: A wide variety of commercial lots pass through our auctions every year, and we have a 92% sale success rate across property auctions. This includes a wide range of unique and novel commercial spaces, so you’ll be sure to find what you’re looking for.
Secure the best prices at our auctions
How do I bid at a commercial property auction?
The bidding process is very straightforward, and we offer four methods of bidding to enable as wide a range of buyers as possible:
Online: You can view the auction live and bid from the comfort of your own home
Proxy bid: You instruct the auctioneer prior to the auction to bid on your behalf up to a maximum bid
Telephone: One of our auction team will call you live from the auction room and take instructions to bid on your behalf
In person: You’re welcome to join us at our auction room in Cambridge, and we ask that you register in advance of auction day
For a complete guide on pre-registration and fees for winning bids, please view our comprehensive bidding guide.
How can I sell at auction?
Selling at one of our commercial property auctions is a fast and simple way to offload commercial assets. The process begins with one of our experts providing an appraisal of your property, and recommending a guide price. If you then choose to proceed to auction, you’ll need to pay an entry fee which typically ranges from £300 to £600, including VAT.
This is then followed by a period of targeted marketing, and the agreement of a reserve price (the lowest price that you’ll accept once the auction begins). Throughout the entire commercial auction process, our experts will keep you informed of any interested buyers and documentation that we might need from you, such as a legal pack.
For a complete guide on legal requirements and commission information, please view our comprehensive selling guide.
Cheffins are also the host auctioneers for the Commercial Property Network’s national auctions. These auctions take place online throughout the year and feature properties of all types from across the UK - therefore, Cheffins can assist with your property sales, wherever they might be located!