Let’s face it, putting a commercial property on the market isn’t a walk in the park. But don’t worry, we’ve got your back. Here‘s a straight-talking guide on how to put a commercial property for sale, without the fluff.
How To Put A Commercial Property For Sale?
First things first, let’s get your property ship-shape. Give it a good scrub, fix those niggling issues, and maybe throw on a lick of paint. A tidy property catches the eye and opens wallets.
Before listing your property, consider these steps:
- Clean and declutter the space
- Address any maintenance issues
- Update outdated features
- Ensure all systems are in working order
- Gather relevant documents (e.g., title deeds, planning permissions)
A well-maintained property is more likely to attract serious buyers and command a higher price.
Paperwork: The Necessary Evil
Gather your docs. You’ll need title deeds, planning permissions, EPCs, the works. It’s boring, but it’ll save you headaches later. Trust us.
Price It Right or Kiss Goodbye to Buyers
Don’t pull a number out of thin air. Do your homework. Check what similar properties are going for. Better yet, get a pro valuer in. Price it right, and you’re halfway there.
Find a Commercial Estate Agent Who Knows Their Stuff
Pick an agent who knows commercial property like the back of their hand. They’ll market your property where it counts and bring serious buyers to your door.
Show Off Your Property’s Best Side
Work with your agent on top-notch marketing materials. Sharp photos, detailed descriptions, maybe even a virtual tour. Make your property stand out from the crowd.
The Selling Process
Here’s a simplified overview of the selling process:
Step | Description |
---|---|
1 | Prepare property for sale |
2 | Value the property |
3 | Market the property |
4 | Receive and negotiate offers |
5 | Accept an offer |
6 | Instruct solicitors |
7 | Exchange contracts |
8 | Complete the sale |
Get Your Property Out There
Your agent will list your property far and wide. They’ll field calls, arrange viewings, and keep the tyre-kickers at bay.
Dealing with Offers: Keep Your Cool
When offers roll in, don’t jump at the first one. Consider the whole package – price, buyer’s position, timelines. Your agent will help you weigh it all up.
The Legal Bit: Don’t Skimp on a Good Solicitor
Once you’ve accepted an offer, get a solid commercial property solicitor on board. They’ll handle the legal mumbo-jumbo and keep things moving.
Seal the Deal: Exchange & Completion
You’re on the home stretch now. Exchange those contracts, then pop the champagne when completion day arrives and the money’s in the bank.
Top Tips from the Trenches
- Be flexible with viewings. The right buyer might not keep office hours.
- Keep records of everything. You never know when you might need them.
- Be ready to haggle. It’s part of the game.
- Consider offering seller financing. It might just clinch the deal.
Remember, selling commercial property can be a long game. Keep your chin up and stay focused on the end goal.
What documents do I need to sell a commercial property?
When selling a commercial property, you’ll typically need:
- Property title deeds
- Energy Performance Certificate (EPC)
- Asbestos survey (for properties built before 2000)
- Planning permissions and building regulation approvals
- Commercial Property Standard Enquiries (CPSEs) responses
- Lease agreements (if applicable)
- Financial records and tax information
Having these documents ready can speed up the sale process and instil confidence in potential buyers.
Ready to Sell? Your Next Steps with Property Saviour
Selling your commercial property to Property Saviour can offer several benefits. We buy any problematic property quickly for cash within 10 days or at a timescale that suits you. Our process is straightforward, with no estate agents, surveys, or last-minute price reductions.
We’re real cash buyers, meaning there’s no borrowing from banks or bridging loan companies. This allows for a faster, more certain sale process.If you’re looking for a hassle-free way to sell your commercial property, get in touch with Property Saviour today. We’re here to help you achieve a quick and fair sale of your commercial property.
Sell with certainty & speed
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.
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.
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.