If you have a commercial property in the Greater Manchester and Lancashire area that you want to sell quickly, ending in a reliable and cash sale, then you need to get in touch with us.
For example, we recently purchased a property that had been tenanted for over 15 years with a reliable tenant. The landlord wanted to retire and sell his commercial portfolio over the course of the next few years. We’ve agreed to take over the first property and we’ll look to make offers on his other commercial properties over the coming years.
I have a commercial property that I want to sell quickly for cash. What are my options?
Option 1 – Sell it privately to a cash buyer
We buy commercial properties for cash and can usually complete within 14 to 28 days. If you are looking for a quick sale or a private sale on your commercial unit, then please give us a call at your earliest convenience.
The benefit to selling in this way is quite obvious:
- No need to leave it on the market for months
- No fee to pay
- We can pay your solicitors costs
- We buy both tenanted and empty commercial units
Option 2 – Sell via auction
This is also quite a fast way of selling your commercial property, but it does attract quite high fees. Furthermore, most people attending auctions are looking for a bargain so don’t expect your commercial property to achieve anywhere near the guide price.
You must remember, the auction sales department will entice you to list it with them as they usually have a ‘listing’ fee and then another sale fee once the gavel goes down. To entice you, they are naturally going to agree with whatever high figure you have in your mind – don’t be tricked by this.
Option 3 – List it with a commercial agent
You could consider is to sell it via a regional or local commercial estate agent, but this is probably the slowest method of selling your commercial property.
As most vendors know, the commercial property market in most towns of UK outside of London has really taken a hit during the recession and due to the continued growth of online shops and retail outlets. We are aware that things are really tough for commercial property owners, with so many empty shops and business rates hitting the pockets of the owners. Do you really want to be waiting months or years before being able to sell?