Auctions
Benefits of Birmingham Property Group Auctions
- The moment the hammer falls, if the price bid is over reserve then a sale becomes legally binding and exchange of contracts takes place.
- Quick Completions, once contracts are exchanged, completion usually takes place within 28 to 42 days.
- Exposure to investor market, Investment properties are exposed to a room of investors looking for suitable properties, giving the opportunity to achieve the best price.
- Reserve Price, protection not to sell a property lower than a set price.
- Minimal extra fees- Fees generally the same as typical agency fees, with an entry fee paid up front.
Properties that are ideal for Auction
- Land
- Properties requiring modernisation
- Properties with structural issues
- Un-mortgageable properties, due to construction type, location eg pylons
- Properties with short leases
- Freehold Titles
- Garages
- Commercial Units
- “Niche” and rare properties with extremely high demand
At Birmingham Property Group we deal with all types of commercial property. Either at valuation stage or disposal, we can discuss rent reviews, lease extensions, Freehold acquisitions, whether the property be a shop or a factory unit, call or email us today.
In the first instance to discuss your requirement contact Corporate Business Manager Neil Tucker by email neilt@birminghampropertygroup.co.uk or click here to contact us.
