Acuitus Auction Contact

Acuitus Auction – Contact

For more than 30 years, Acuitus Auctions has held London property auctions and claims on its website to have sold more than 3,000 commercial properties, resulting in billions of pounds of property transactions. The company has always held physical auctions, but for at least 10 years it has also offered the ability to attend virtual auctions in real time. Acuitus Auctions also says it constantly reviews auction data to identify trends in property sales so it can adapt to them.

Commercial properties that Acuitus Auctions has sold, or currently lists for sale, include petrol stations, high street retail, medical practitioner offices, and many other examples.

Telephone number: 020 7034 4850
Email: info@acuitus.co.uk

Website: https://www.acuitus.co.uk

Address: 14 St. Christopher’s Place, London, W1U 1NH

What to know about selling your property via an auction

One of the great advantages of using an auction to sell your property, particularly when compared to trying to find a buyer through an estate agent, is that auction houses have expertise with selling many different types of properties. Whether it’s a freehold or residential house or flat, a commercial property, or anything else, auctions attract potential buyers who are interested in a very wide range of properties and might be interested in your property. That means you could find a buyer even if your property has a potential negative attribute, such as suffering from a structural problem such as subsidence or being located in a flood zone.

If you want to sell your property at an auction, you will have to do so based on whatever schedule your preferred auction house has established. Some auctioneers hold sales throughout the year on a very regular basis, whereas others might only hold a few auctions each year. Be sure to check so that you know how long you will be waiting between the date when you list your property for sale at an auction and when the event will actually take place.

Should your property successfully sell at the auction, this is considered to be a legally binding agreement that you can enforce against the buyer. The winning high bidder typically has 28 days after the auction to complete the purchase of a property, which can be a much speedier timeline than you might expect when trying to sell a property through an estate agent. However, if there are any complications, finalising the sale could still take more than a month.

Also note that if you sell your property through an auctioneer you will have to pay fees for the work that they do in preparing a listing for the property, advertising it, and hosting the auction. These fees will have to be deducted from the total net profit that you can expect to make by selling your property through an auction, although in certain circumstances you might be able to have the winning bidder contribute towards these fees.

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