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10 years of selling commercial property at auction

Commercial property auctions offer a transparent and efficient way to sell a wide range of assets, from retail units and offices to industrial buildings and mixed-use investments. Auctions provide clear timelines, competitive bidding and legally binding sales, making them well suited to commercial transactions.

For sellers, auctions offer speed and certainty, with committed buyers and fixed completion timescales. With experienced auctioneers and a national audience of verified bidders, First for Auctions creates a trusted environment for commercial property transactions of all sizes.

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4.9/5

Customer Satisfaction on Google

82%

Sold success rate

100,000+

Buyers registered in 2024

Commercial land and property auctions

Commercial auctions are ideal for investors, developers, and business owners seeking clarity and speed. Once the hammer falls, the sale is legally binding – reducing fall-through risk and delays.

Suitable for: 

  • Hotels and guest houses
  • Retail units and shops
  • Offices and mixed-use buildings
  • Industrial units & warehouses
  • Development and investment opportunities 
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Our commercial auction process

Sell or buy commercial property with a clear, structured process designed to keep everything transparent, compliant and on track from start to finish.

1

Initial Consultation:
Speak with our commercial auction experts to confirm suitability, discuss your goals and agree the right strategy. We’ll advise on pricing guidance and recommend next steps, including preparing your legal pack.

2

Property Marketing:
Your property is marketed to a targeted national audience of investors, developers and business owners. We create a professional listing with key information, imagery and access to legal documentation, helping buyers make informed decisions before auction day.

3

Auction Day:
Your solicitor prepares the legal pack, and bidders register and complete verification. This ensures compliance and provides buyers with the documents they need to carry out due diligence ahead of bidding.

4

Competitive bidding takes place in a transparent environment, helping the market determine the best achievable price. You’ll receive updates as bidding progresses. We’ll manage the process through to the final bid.

Looking to sell a commercial property?

Our team will guide you through the auction process, from initial valuation to completion, ensuring clarity, confidence and strong results. Whether you’re selling a single asset or part of a wider portfolio, auction offers speed, transparency and certainty.

  • Expert advice on pricing, timing and strategy
  • National exposure to active commercial buyers and investors
  • Legally binding sale once the hammer falls
  • Fixed timescales for exchange and completion
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Buying commercial property at auction?

Auctions provide access to a wide range of commercial opportunities with clear legal packs, set timelines and transparent pricing. From retail and office space to industrial units and investment stock, auction is an efficient route to purchase.

  • View full property details and legal documentation upfront
  • Bid in a transparent, competitive environment
  • Exchange contracts immediately on a successful bid
  • Complete within a fixed, agreed timeframe 
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Commercial property FAQs

A wide range of commercial properties can be sold at auction, including retail units, offices, industrial buildings, warehouses, hotels, guest houses, mixed-use properties and development or investment opportunities. Auction is particularly well suited to properties that benefit from transparent pricing and a defined timescale.

Selling at auction offers speed, certainty and transparency. Once the hammer falls, the sale is legally binding, reducing the risk of delays or fall-throughs. Auctions also expose your property to a national audience of motivated buyers and investors. 

From listing to completion, a commercial auction sale can often be completed within a matter of weeks. Contracts are exchanged on auction day, with completion taking place within the timeframe set out in the legal pack, typically around 20 working days.

The guide price is agreed following a professional assessment of the property, market conditions and comparable sales. It is designed to attract interest and encourage competitive bidding, while reflecting realistic market expectations.

Yes. When the hammer falls or an online auction closes with a winning bid, contracts are exchanged immediately and the sale becomes legally binding for both buyer and seller.

Yes. Viewings are usually arranged prior to the auction, either through scheduled open days or by appointment. Buyers are strongly encouraged to view the property and review the legal pack before bidding. 

4.8/5

rating from 144 reviews

Google Reviews
A very happy seller (2 bed freehold house). We used First For Auctions as the property was not suitable for an estate agents due to needing to be renovated. They are part of the same group as Leaders, (the Romans Group) who asked them to get in contact with me. I found them to be very knowledgeable, affable and they kept us updated on the process every step of the way. Gareth Bell was my point of contact, and he was very good at explaining everything in a transparent way, so that I was kept completely up to date with the weekly email updates and explanations of the markets reaction to the house, and he was always available by phone for any question, no matter how small. I thought we may get less for the house at auction, especially as the reserve was set under what we hoped for, but in reality, the house went for slightly more than its value, and the completion was hassle free in only 6 weeks! As an unconditional auction, it gives the seller total peace of mind, as there can be no last minute buyer shenanigans. I would absolutely use them again, both to sell, and to buy.
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Niaomi
21 days ago

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