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Commercial Property Auctions: Pubs, Public Houses Licensed Properties for Sale at Auction



An auction is a sale which takes place, usually in public, when a property is sold to the highest bidder, provided the amount of money offered exceeds the reserve price. The sale process by auction is immediate, with exchange of contracts being achieved on the "fall of the hammer". A reserve price is the lowest price the vendor is prepared to accept and the property will not be sold unless a higher bid is received.

In most cases, a guide price is also available from the auctioneer.In the case of disposing of a property, auctioneers usually require a catalogue entry fee for each property that is included in an auction which can vary between £1,000 to £1,500 (exclusive) and is payable regardless of whether a sale is achieved. In addition, on completion, a further fee is payable to the auctioneer which usually ranges from between 1.25% to 1.5%, (exclusive) of the sale price. This also excludes legal fees, which the vendor is required to pay.

Not all properties are suitable for a sale by auction because there are different types of purchasers operating in the auction market compared to normal private treaty sales. Each property therefore needs to be considered individually to ascertain whether this method of sale is the most appropriate.

The Royal Institution of Chartered Surveyors is currently preparing a document known as "Common Conditions of Sale" in order to simplify the auction process, and also make auction contracts easier to understand.

UK Pubs for Sale: Freehold Pubs & Hotels for Sale Suitable for Redevelopment



Save time on property viewings, local research, due dilligence and conveyancing. Commercial property details include full sales documentation, schedule of accommodation, title plan, lease, tenancy agreements, contracts of sale, schedules of tenancy, projections, appraisals, floor plans, local authority searches, soil surveys, structural reports, title deeds, planning documentation, as well as professional aerial photographs and detailed maps.showing the exact location of the hotel or pub for sale.


Pubs For Sale: Licensed Properties, Hotels & Pubs For Sale

We offer a range of freehold pubs, public houses and licensed properties for sale

Paramount Properties commercial property investment team can provide a full suite of commercial property advice and services to you in your search or disposal of your pub, hotel, restaurant or other licenced property. Search freehold and leasehold pubs and licensed properties for sale in UK

Paramount Properties are specialsists in sourcing UK Pubs for Sale, Freehold Pubs for Sale, Leasehold Pubs for Sale and other Pub Company or Brewery pub disposals in England, Scotland and Wales for potential property investors and developers.

Pubs For Sale: Licensed Properties, Hotels & Pubs For Sale

The licensed property management team at Paramount Properties is experienced in all aspects of freehold pub sales and leasehold pub sales licensed and leisure property investments ensuring a stress free and profitable solution