Impey launches commercial property auction service

Stockport based independent property company, Impey & Co has launched a commercial property auction service for its clients.

The new service will give the firm’s selling clients an alternative option as part of a more flexible service offering. Clients can choose between either live-streamed auction events, or through a timed auction with internet bidding.

Norman Benton, Executive Director at Impey, said:

We can now offer complete flexibility as to how and when clients would like to sell their property. By expanding into auctions, we are utilising all methods of sale and can give our sellers the best advice to suit their requirements and timescales.”

Auction sale can be suitable for all types of commercial property, including retail units, offices, industrial units and warehouses or development opportunities and land. Completion on a sale of a property tyipcally takes between 20 and 40 business days. Norman continued:

Adding auctions to our sales offering is great news for our sellers as it offers them more choice when it comes to selling their property. In an uncertain commercial property market, sellers seeking speed and certainty of sale should consider taking the auction route and we encourage anyone considering selling to call us now to see how we can achieve a quick and efficient sale for the best possible price.”

Two adjoining properties in Stockport town centre will be among Impey’s first auction sales:

• 17 Lower Hillgate, a 542 sq ft ground floor retail unit with basement
• 17a Lower Hillgate, a 509 sq ft retail unit, with rear yard

Impey has partnered with SDL Property Auctions on the new service. Andy Thompson, head of auctions North West at SDL Property Auctions said:

We’re delighted to be working with Impey to help them launch their auction department. By combining their own marketing methods with our national coverage, Impey’s auction properties will reach more potential buyers to drive the best possible price.”

Image: The Impey & Company team, photo taken prior to Covid-19 social distancing guidance.