Whether you are selling a single industrial unit on a purpose-built industrial estate or a single workshop, we’d love to buy it.
We like industrial units, whether it is a small factory, a warehouse, an MOT car repair garage, or a workshop.
If you are looking to sell a commercial property, Property Saviour are recognised as genuine cash buyers, ready, willing, and able to make you an offer.
We are very interested in buying any of the following types of industrial units so if you are thinking of selling an industrial unit then get in touch:
- Industrial premises
- Manufacturing facilities
- Production plants
- Workshops
- Warehouses
- Factories
- Distribution centers
- Business parks
Table of Contents
Selling Light Industrial Units or Workshop Space: A Comprehensive Guide
Are you looking to sell your light industrial unit or workshop space? Property Saviour is here to help you navigate the process smoothly and efficiently. In this guide, we’ll cover everything you need to know about selling your commercial property, from preparing it for sale to closing the deal.
Understanding Light Industrial Units and Workshop Spaces
Light industrial units and workshop spaces are versatile properties that cater to a wide range of businesses. These spaces are typically used for manufacturing, assembly, storage, and distribution of goods. They offer flexibility and functionality, making them attractive to various industries.
Preparing Your Property for Sale
Before listing your light industrial unit or workshop space, it’s essential to make it as appealing as possible to potential buyers. Here are some tips to help you prepare:
- Clean and declutter: Remove any unnecessary items and ensure the space is tidy.
- Carry out repairs: Fix any visible issues, such as leaks or damaged flooring.
- Update documentation: Gather all relevant paperwork, including planning permissions and energy performance certificates.
- Enhance curb appeal: Improve the exterior appearance of your property to make a great first impression.
Valuing Your Property
Determining the right price for your light industrial unit or workshop space is crucial. Consider factors such as:
- Location and accessibility
- Size and layout
- Condition of the property
- Local market trends
- Comparable properties in the area
If you’re unsure about the value of your property, Property Saviour can provide a free, no-obligation valuation. Why not get in touch with us today?
Marketing Your Light Industrial Unit or Workshop Space
To attract potential buyers, you’ll need to market your property effectively. This may include:
- Professional photography and videography
- Detailed property descriptions
- Listings on commercial property websites
- Targeted advertising to relevant industries
Dealing with Potential Buyers
When potential buyers express interest in your light industrial unit or workshop space, be prepared to:
- Arrange viewings at convenient times
- Answer questions about the property and its history
- Provide additional information or documentation as requested
Negotiating Offers
Once you receive offers, it’s time to negotiate. Consider factors such as:
- The buyer’s financial position
- Any conditions attached to the offer
- Your own timeline and requirements
Legal Considerations
Selling a light industrial unit or workshop space involves various legal aspects. You’ll need to:
- Instruct a solicitor experienced in commercial property transactions
- Provide all necessary documentation, including title deeds and lease agreements
- Comply with relevant regulations and planning permissions
Closing the Deal
Once you’ve accepted an offer and all legal requirements are met, it’s time to exchange contracts and complete the sale. This process typically involves:
- Agreeing on a completion date
- Transferring funds
- Handing over keys and access to the property
How long does it typically take to sell a light industrial unit?
The time it takes to sell can vary depending on market conditions and the property itself. However, with Property Saviour, you can complete the sale within weeks.
Do I need to make repairs before selling my workshop space?
While making repairs can increase your property’s value, Property Saviour buys properties in any condition, saving you time and money on renovations.
What documents do I need to sell my light industrial unit?
You’ll need documents such as title deeds, lease agreements, planning permissions, and energy performance certificates. Property Saviour can guide you through the process and help you gather the necessary paperwork.
How do I determine the right price for my workshop space?
Factors such as location, size, condition, and market trends influence the price. Property Saviour offers free, no-obligation valuations to help you determine the right price for your property.
Can I sell my light industrial unit if it’s currently leased to a tenant?
Yes, you can sell a property with sitting tenants. We will be delighted to buy tenanted light industrial units.
Sell Your Industrial Units to Us
Whether you own a small workshop space or a light industrial unit, regardless of size, age, or condition, we are very interested in buying it.
Property Saviour offers you a real alternative to selling your commercial property. We remove the problems sellers face when selling any commercial property. We’ve seen everything from uncommitted buyers to phantom offers made by agents to keep your property listed on their books. Strict lending rules mean banks are looking for 9-10% interest rates from any commercial investor. Naturally, this makes it impossible for a property transaction to be financially viable, given that rental income won’t satisfy the lender’s stress test. *Correct at the time of writing 7th October 2024.
We offer you a real alternative to selling an industrial unit. With councils keen to start charging business rates and buyers requiring a 40% deposit for a mortgage, there is no certainty. Even if a buyer is approved by their lender, the fault-finding surveyor is likely to collapse the sale.
We make the process as seamless as possible. Our cash offer means you can move on quickly with your plans. We’ll aim to buy your light industrial unit or a workshop space within 2-3 weeks or quicker. Whether you are retiring, have problematic tenants, have property that has been sublet without your permission, or are you paying business rates on an empty building? We are here to help.
If you are an owner-occupier of an industrial unit, we can buy the property from you and give you the option to rent it back. This can be an ideal way of growing your business or releasing equity tied up in your property.
If you have an empty commercial building, the criminals can break in and convert it into a cannabis factory. Likely, your insurance won’t cover criminal activity if a property has been unoccupied for more than 28 days. Unfortunately, we are seeing more cases of workshop spaces and light industrial units catching fire following a short circuit of electrics. Often, these tend to be inherited commercial properties awaiting beneficiaries to decide what to do.
Whatever your reason for selling, we are here to support you. Our commercial property buying team has over 45 years of combined experience in buying any commercial property. Is it better to sell your industrial unit now?
What are the benefits of selling your industrial unit?
There are several benefits to selling your industrial unit or a workshop space:
- There is no waiting around for investors or endless viewings.
- No abortive sales, abortive solicitor fees or commercial agent fees.
- Quick and decisive cash offer is made usually within 48 hours.
- If you accept, we’ll complete the purchase within your timeframe.
- We’ll pay up to £1,500 towards your legal fees too.
- We’ll buy all industrial properties – warehouses, factories, workshop spaces or light industrial units.
- Sale and leaseback option available to release equity.
- We’ll keep you updated throughout the process because we want your five-star review. Our genuine reviews speak for themselves.
In essence, we’ll buy all types of commercial property, so get in touch if you want to sell an industrial unit quickly.
If you’re looking to sell your light industrial unit or workshop space quickly and hassle-free, Property Saviour is here to help. Get in touch with us today to discuss your property and receive a competitive offer.
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.
