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Our innovative and strategic approach enables us to help a wide variety of clients successfully sell and let their commercial property or development land. Here are some examples:
Despite the rare opportunity presented by this valuable freehold building in the centre of Alton, the property languished on the local property market for 18 months.
Despite the rare opportunity presented by this valuable freehold building in the centre of Alton, the property languished on the local property market for eighteen months.
During that time, the building was sold ‘subject to contract’ twice, however both sales fell through before the exchange of contracts. Frustrated by the wasted time and lack of success, the family who inherited the property turned to Romans Auctions and Romans Commercial for help.
Romans’ comprehensive marketing created a buzz of interest, and four weeks later at the auction, the mixed-use building was successfully sold at its guide price.
Very satisfied with the speedy result, the family were able to wind up the estate and distribute the proceeds of the sale to the beneficiaries.
Marketed unsuccessfully by another commercial agent, this prominently positioned building remained vacant for nearly 12 months. During this time, the owner was paying business rates and mortgage repayments on the empty property, creating a significant drain on their finances.
Keen to generate more interest, the owner’s surveyor recommended offering the freehold for sale, and advised contacting Romans Commercial for expert advice on selling this vacant asset.
By now, the owner’s circumstances had changed and achieving a fast sale had become more urgent. Following an inspection of the property, Romans Commercial recommended that the owner considered an unconditional sale by public auction to attract private buyers and investors from a wider area, therefore maximizing its value.
Just five weeks later, after a period of intense high profile marketing, the property was sold at Romans’ next public auction for a figure above the reserve price – enabling the owner to reinvest the proceeds of the sale and avoid incurring further costs.
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