Online auctions have captured 35% of the commercial property sales, up from just 13% in 2024, according to research from auctioneer Fisher German.<\/p>\n
Tom Dennes, head of auctions at Fisher German, reckons this growth reflects a fundamental change in how vendors are approaching the sales process.<\/p>\n
He said: \u201cTraditionally, auctions were often reserved for challenging properties, odd parcels of land, renovation projects, or compromised stock. But the landscape has changed.<\/p>\n
\u201cToday, we\u2019re seeing corporate clients, private sellers, and even liquidators using online auctions to achieve certainty, transparency, and speed in a challenging marketplace.<\/p>\n
\u201cOnline auctions deliver legally binding exchanges the moment the timer ends, removing the long, drawn-out negotiations of private treaty sales.<\/p>\n
\u201cWith cash-funded buyers, sales can complete quickly, giving vendors confidence in the outcome.\u201d<\/p>\n<\/p>\n
Auctions are also being seen as a way for landlords to quickly sell assets that may be too costly for them to upgrade to meet new government requirements on energy efficiency.<\/p>\n
Rachel Bridge, ESG partner at Fisher German, added: \u201cWith MEES regulations requiring landlords to ensure commercial buildings meet stricter EPC standards, many owners either need to invest in their assets or consider releasing the asset. Online auctions provide a transparent and efficient option, while ensuring best value through competitive bidding.<\/p>\n
\u201cWe are seeing a more diverse range of clients than ever before deciding to go to auction, from private individuals to corporates and even public bodies. They are all drawn by the combination of speed, certainty, and an open, competitive sales process.\u201d<\/p>\n
In terms of recent Fisher German sales, a building society premises in Gloucester was sold for \u00a3139,000 at auction, well above the guide price of \u00a394,000, a small business centre in north Wales sold for \u00a3185,000, and an old phone shop in Bromsgrove fetched \u00a3151,000, surpassing its guide of \u00a3140,000.<\/p>\n
Fisher German is also marketing around a dozen commercial properties on behalf of funeral provider Dignity.<\/p>\n","protected":false},"excerpt":{"rendered":"
Online auctions have captured 35% of the commercial property sales, up from just 13% in 2024, according to research from auctioneer Fisher German. Tom Dennes, head of auctions at Fisher German, reckons this growth reflects a fundamental change in how vendors are approaching the sales process. He said: \u201cTraditionally, auctions were often reserved for challenging […]<\/p>\n","protected":false},"author":1,"featured_media":2800,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"\n