Articles

Selling Assets at Insolvency Property Auction in the UK

Paul
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Pugh Auctions have over 25-years of experience in dealing with all insolvent assets nationwide. From London to Glasgow, we sell assets following rent debt and commercial arrears via our online auctions. Our work in the insolvency sector involves assisting corporate insolvency liquidation proceedings in selling distressed commercial property assets. We are well equipped to help insolvency practitioners accelerate the sale of property and land. Our monthly online insolvency auctions assist with property sale regardless of scale or sector. Our auctions are notorious for high sale success and quick sales, making us the go-to choice for property sale after commercial tenant insolvency. 

Commercial Property Insolvency Auctions Across the UK

Our national office network across the country provides the infrastructure to offer an insolvency auction service without geographical restrictions. Whilst still delivering the certainty and accountability that attracts both auction buyers and sellers.

Trusted by a Range of Insolvency Sector Clients

Here at Pugh Auctions, we have successfully acted on behalf of a number of Insolvency Practitioners, LPA Receivers, Trustees in Bankruptcy and Administrators and banks.

As a high-profile leading auction house, our reach into the national property investor market ensures that any realisation is maximised. And we assure proceedings are accompanied by an appropriate audit trail and reporting system to deliver both compliance and comfort to your clients. We understand the need for highly bespoke requirements of insolvency instructions. And our solid history in the sector means we are well placed and fully experienced to both meet those demands and advise on those disposals.

Effective Marketing of Auction Insolvency Assets

At Pugh we have one of the highest sales success rates in the UK. This is because we regularly run highly successful advertising, PR and email campaigns. Our monthly online auctions allow us to give clients the highest exposure to the market due to them being available to everyone in any location. We also provide access to an extensive national database of over 40,000 active buyers and property professionals. What's more, we work with the country's biggest property websites, like Rightmove, to list our auction properties.

Wondering How to Sell Commercial Insolvency Assets at Auction?

If you are an Insolvency Practitioner, LPA Receiver, Landlord or Trustee looking to work with us to sell insolvency assets, get in touch today by calling 0345 505 1200 or emailing [email protected] and our team will be happy to help.

Paul Paul Thompson

Managing Director

About the Author

Paul has over 34 years’ experience of the property industry including 14 years experience of running one of the countries most successful commercial and residential property auction houses as a Director, Auctioneer and formerly 100% shareholder.

Paul is a Chartered Surveyor and member of the National Association of Valuers and Auctioneers (NAVA).