Written by Caroline Lamb
Caroline Lamb
Caroline has been working as a freelance copywriter since 2013. In that time, she has created articles, blog posts, landing pages, white papers and other types of content for a huge variety of clients.
Find the perfect retail property this February by taking a look below at our diverse selection of auction lots – all of which come with a Guide Price of £100,000 or under.
Investing in commercial property – whether you have your own business with which to occupy it or you wish to let the premises out to tenants – is a great way to boost your income and see excellent returns.
Read on to find our selection of budget-friendly commercial buildings available for auction this month.
This is an exciting opportunity to take ownership of a large workshop with store room and loft storage, less than an hour’s travel from Central London by train. Swanley Station is just over 10 minutes’ walk from the property, and access to the A20 and M25 is achievable within 1 mile.
The workshop space measures 391 square feet, with total storage of 345 square feet. The lot is detached and has its own electricity supply.
The property will be brought to auction on 10th February 2023 by Pattinson Auctions with a Guide Price of £90,000.
A tenanted freehold retail unit – currently in use as a Chinese takeaway – makes up the ground floor of this lot. The first floor comprises of a self-contained flat. A garage is also included. The unit is part of a parade, which provides customer parking, and there is a service/unloading area available for the use of the row of shops.
Located near to a range of attractive parks and green spaces, and less than five minutes’ drive from the centre of Banbury, the lot benefits from its proximity to a range of amenities, including supermarkets and schools, resulting in a high level of footfall.
This property lot will be brought to auction by Barnett Ross on 21st February 2023 with a Guide Price of £70,000.
Located in the heart of the Cambridgeshire town of Wisbech, this is a two-storey property offering just under 1338 square metres of space in total. The the ground floor, there is a generously-sized retail unit, which is split into two main areas and includes a kitchenette and WC.
The first floor serves as storage space, but also has a kitchen and WC.
As a corner unit, this property benefits from footfall from two separate popular streets. It sits just two minutes from a major A-road and just under a 25-minute drive from King’s Lynn.
The property will be brought to auction by Maxey Grounds Auctions on 23rd February 2023 with a Guide Price of £100,000.
A very attractive historical building with bags of charm, the White Horse Hotel began its life as a coaching inn. However, it has not been in use for some years and requires renovation as a result, which should be undertaken in accordance with its listed status.
The property is suited to a wide range of uses, including hospitality. It benefits from a prime high street location and sits just over five minutes’ walk from the local train station.
The surrounding town of Wem is very attractive, featuring large swathes of green space, and the larger town of Shrewsbury is reachable within 25 minutes by car.
The lot will be brought to auction by Butters John Bee with a Guide Price of £75,000. There is currently no closing date for bids displayed.
A superb multi-use building, including a good-sized “shop floor” area, a ground floor flat and a first floor flat, this currently-tenanted lot offers significant potential for its new owner to make an excellent return on investment.
Every element of this property (the retail unit and the two separate flats) have their own individual entrances, and the building sits in an area of high footfall, just metres away from a major crossroads near the Meir tunnel. The area is less than ten minutes’ drive from the centre of Stoke-on-Trent.
The property will be brought to auction by Butters John Bee on 27th February 2023 with a Guide Price of £62,000.
Available in excellent, move-in ready condition, this mixed-use property is comes with vacant possession and made up of a large commercial area to ground floor, complete with kitchen and WC, and a flat above that features a spacious living room, two bedrooms, a family bathroom and a kitchenette. The lot also has a good-sized paved rear yard with a sheltered area.
The property sits in a very attractive neighbourhood, just over 15 minutes’ drive from the centre of Doncaster and a little more than ten minutes’ walk from Hatfield & Stainforth railway station.
It will be brought to auction by Pattinson Auctions on 13th February 2023 with a Guide Price of £80,000.
This is a very large commercial property with a great deal of history behind it. Located right in the centre of the lovely Yorkshire town of Dewsbury, just two minutes’ from the train station, the lot is in an area of very high footfall – set just slightly back from one of the area’s main thoroughfares.
Comprised of four entire floors, including a basement floor, the building benefits from rear access and sits close to a range of amenities, including the Princess of Wales Shopping Centre.
While the lot remains suitable for use as offices, there is also the potential for conversion into a residential complex – in accordance with its listed status and dependent on permissions.
The property will be brought to auction by SDL Property Auctions on 23rd February 2023 with a Guide Price of £100,000.
Previously serving as a boutique hotel with capacity for up to 20 guests, this leasehold lot sits just 10 minutes’ walk from the famous Blackpool seafront and promenade – with attractions like Madame Tussauds and the Sea Life Centre within easy reach. Blackpool Pleasure Beach theme park is only ten minutes’ drive away.
The three-storey property is in shell condition following fire damage, and requires extensive renovations. However, it holds a great deal of promise and has potential to provide a significant return on investment to its new owners.
The property will be brought to auction by Auction House North West on 23rd February with a Guide Price of £25,000.
This property comprises of a ground floor leasehold retail unit and first floor freehold flat.
Located in an area of high footfall, near to the corner of the local cricket club and the wide open green spaces of Nuns Moor, Hunters Moor and The Town Moor, the lot is just over five minutes’ drive from the centre of Newcastle.
The ground floor shop is currently tenanted, although it is not known whether the same tenants are in occupation of the first floor flat. The whole building is in need of repair and refurbishment – with the roof in particular need of attention.
The lot will be brought to auction by Auction House North West on 13th February 2023 with a minimum starting bid of just £1.
The buyers of this lot will benefit from a lucrative existing tenancy, allowing them to receive immediate income.
The property is comprised of a very generous (1,025 square foot) ground floor commercial unit, currently attracting rent to the value of £9,600 per annum.
Sitting right in the heart of the town – next to Ayr New Bridge – the lot benefits from the proximity of a range of amenities within the seaside resort town, from Ayr Harbour to local shops and supermarkets, eateries, pubs and the railway station, which sits just over ten minutes’ walk away.
The lot will be brought to auction by Future Property Auctions on 23rd February 2023 for a Guide Price of £98,000.
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