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Can I Sell My Own Commercial Property?

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As a commercial property owner, you may wonder if you can sell your property without the help of a commercial agent. The answer is yes, you can sell your own commercial property, but it requires careful planning, preparation, and execution.

Here’s a comprehensive guide to help decide if selling your commercial property yourself is a good idea:

Table of Contents

Why Sell Your Own Commercial Property?

Selling your own commercial property can save you money on commission fees, which can range from 4% to 6% of the sale price. Naturally, you will have more control over the sale process and can negotiate directly with potential buyers.

Lining up your Ducks in a row

Before listing your property, ensure you have all necessary documents in order, including:

  1. Title deeds: Verify that you have clear ownership of the property.
  2. Property valuation: Determine the market value of your property to set a competitive price.
  3. Property condition report: Identify any defects or issues that need to be disclosed to potential buyers.
  4. Marketing materials: Prepare high-quality photos, floor plans, and a detailed property description.

Marketing Your Property

To attract potential buyers, you’ll need to market your property effectively. Consider the following strategies:

  • Online listings: Advertise your property on commercial property websites, such as Rightmove or Zoopla.
  • Social media: Utilize social media platforms to reach a wider audience.
  • Networking: Inform your professional network, including colleagues, friends, and family, about the sale.
Can I sell my own commercial property
Send targeted mailers to potential buyers, such as local businesses or investors.

Negotiating with Buyers

When negotiating with potential buyers, be prepared to:

  • Respond to inquiries: Answer questions and provide additional information as needed.
  • Show the property: Arrange viewings and showcase the property’s best features.
  • Negotiate the price: Be flexible and open to reasonable offers.

Contract for sale

Before finalizing the sale, ensure you understand the legal implications, including:

  • Contracts: Use a legally binding contract to protect both parties.
  • Due diligence: Conduct thorough due diligence to verify the buyer’s credentials and financing.

 

Example: Selling a Commercial Property

Let’s say you own a small office building in a prime location. You’ve valued the property at £500,000 and are willing to sell it for £475,000. After marketing the property, you receive an offer from a local business owner for £450,000. You negotiate the price and agree to sell the property for £462,500.

Can I Sell My Commercial Property to My Own Limited Company?

Yes, you can sell your commercial property to your own limited company. This can be a tax-efficient way to transfer ownership, but it’s essential to seek professional advice to ensure compliance with tax laws and regulations.

How Do I Determine the Value of My Commercial Property?

To determine the value of your commercial property, consider factors such as the property’s location, size, condition, and potential for rental income or capital appreciation.

Can I sell my commercial property quickly without using an agent?

Imagine stepping into the polished lobby of your commercial property, the echo of your footsteps mingling with the hum of fluorescent lights. You’ve built this place from the ground up, poured your heart and soul into every brick and beam. But now, as you gaze at your reflection in the spotless windows, you see more than just the building – you see unrealised potential, frozen in time.

For months, perhaps even years, you’ve been caught in the web of traditional property sales. The constant stream of viewings, the back-and-forth with your agent, the roller coaster of raised hopes and dashed expectations – it’s all become a blur. You’re not just selling a property; you’re selling a piece of your life’s work, and the process has become as draining as it is frustrating.

But what if there was another way?

Picture this: It’s a crisp autumn morning, and you’re sitting in your favourite café, sipping a latte. Your phone buzzes – it’s not another uncertain update from your agent, but a concrete offer from a professional commercial property buyer. In that moment, you feel a weight lift from your shoulders, replaced by a surge of excitement for what’s to come.

This isn’t a fantasy. It’s the reality that more and more commercial property owners are discovering.

Take Michael, for instance. A seasoned restaurant owner in Manchester, he had been trying to sell his prime city-centre location for over 18 months. “It was like being stuck in quicksand,” he recalled. “Every step forward seemed to pull me two steps back.”

Then, on a whim, Michael reached out to Property Saviour. Within three weeks, he was shaking hands on a deal that not only met his financial needs but also respected the legacy he had built. “It felt like someone had finally thrown me a lifeline,” Michael said, his eyes twinkling with renewed energy. “I’m now free to focus on my next culinary adventure.”

Or consider the story of Amelia, who owned a small office complex in Edinburgh. After a year of open houses and negotiations that led nowhere, she was at her wit’s end. “I felt like I was living in a constant state of limbo,” Amelia confessed. “I couldn’t move forward with my life until this property was sold.”

A chance conversation at a networking event led Amelia to explore selling to a professional buyer. The result? A seamless transaction that closed in just over a month. “It was like magic,” Amelia laughed. “One minute I was stuck, the next I was free. I only wish I’d known about this option sooner.”

These stories aren’t outliers – they’re becoming the new normal for savvy commercial property owners who value their time and peace of mind as much as their bottom line.

So, as you stand there in your commercial property, listening to the quiet hum of possibility, ask yourself: Are you ready to write the next chapter of your story? Are you prepared to transform that “For Sale” sign from a symbol of stagnation into a beacon of new beginnings?

The pen is in your hand. The page is blank. And we’re here, ready to help you craft a sale story that’s as swift and satisfying as it is successful.

Don’t let another day slip by in uncertainty. Reach out to us, and let’s turn your commercial property from a weight on your shoulders into wings for your future. After all, in the world of commercial property, tomorrow’s success stories are written by those who dare to act today.

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Property Saviour Price Promise

  • The price we’ll offer is the price that you will receive with no hidden deductions.
  • Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
  • These valuations or surveys result in delays and price reductions later on.
  • We are cash buyers.  There are no surveys.
  • We always provide proof of funds with every formal offer issued.
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We'll Pay £1,500 Towards Your Legal Fees

  • No long exclusivity agreement to sign because we are the buyers.
  • You are welcome to use your own solicitor. 
  • If you don’t have one, we can ask our solicitors for recommendations.
  • We share our solicitor’s details and issue a Memorandum of Sale. 
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Sell With Certainty & Speed

  • Our approach is transparent and ethical, which is why sellers trust us.
  • 100% Discretion guaranteed. 
  • If you have another buyer, you can put us in a contracts race to see who completes first.
  • Complete in 10 days or at a timescale that works for you.  You are in control.

Sell with certainty & speed

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