Commercial auctions
Bid on commercial lots with your eyes open
Shops, offices, industrial units and mixed-use buildings often sell with tenants in place. Upload the legal pack and we review the title, the leases and the special conditions before you bid.
Price
One fee, taken off if you win
Paid when you upload the pack. If you win and instruct us for the purchase, it comes off our legal fee.
How it works
From pack to bid
- 01
Upload the pack
Upload the auctioneer’s legal pack through our secure Home Sale Pack page, and pay the review fee.
- 02
We review it
A solicitor reviews the pack before the auction and sends you a plain-English report.
- 03
Bid with confidence
You know the risks and the true cost before you bid, and you can ask us anything.
- 04
Win? We take it off
If you win and instruct us for the purchase, the review fee comes off our legal fee.
What we check
What we check on commercial lots
- The title, including rights, restrictions and any rent charges
- Each lease or tenancy: rent, term, break clauses, repairs and service charge
- Whether tenants have a right to renew under the Landlord and Tenant Act 1954
- The tenancy schedule and any rent arrears or disputes
- VAT: whether the property is opted to tax, and whether the sale can be a transfer of a going concern
- Special conditions, buyer’s costs and the completion deadline
Questions
Auction pack reviews
If the seller has opted to tax, VAT may be added to the price unless the sale qualifies as a transfer of a going concern. That can change your costs and your cash flow, so we check it before you bid.
Yes. Shops with flats above, and other mixed-use buildings, are common at auction. We review the commercial lease and the residential tenancies.
A plain-English report on the title, the leases and the special conditions, with the risks, the income you’re buying and any extra costs.
If you instruct us for the purchase, we take the review fee off our legal fee for the purchase.
Talk to us
Auction coming up?
Tell us the lot and the auction date and we’ll get back to you.
Bidding on a residential lot instead? Residential auction pack reviews.
Send us a message
Selling at auction instead?
We prepare the legal pack, so bidders have everything they need.
