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.
The selection of commercial property lots listed below represents just a few of the excellent auction properties available across the UK in May 2023.
Investors looking for new development or buy-to-let opportunities – along with business owners seeking new premises – will find plenty of superb opportunities for strong ROIs at auction.
See below for our top picks this month…
A good-sized office building with an elegant façade, this property enjoys a central position in Perth (central Scotland) – just over five minutes’ walk from the city’s High Street.
Comprised of office space arranged over three floors – measuring 1,399 square feet on the ground floor, 1,356 square feet on the first floor and 276 square feet on the second floor, this is a highly desirable VAT-free opportunity.
The lovely Norie-Miller Walk, Rodney Gardens and Bellwood Riverside Park are quickly accessible just across the South Street bridge, while Perth train station is less than fifteen-minutes’ walk away.
The lot will be brought to auction by Acuitus Auctions on 18th May 2023 with a Guide Price of £35,000.
Comprised of two units, with the first currently let and in use as a café, this single-storey lot is in a superb location and offers further opportunities for use and income – with the second space (formerly a workshop and store) now vacant.
Now receiving rent to the tune of £600 per month (£7,200 per annum), there is plenty of potential for a greater ROI.
The front unit (the café), measures approximately 1,200 square feet and is made up of a kitchen, two WCs and storage space. The rear unit (the former workshop) measures around 210 square feet.
The lot sits just ten minutes’ walk or two minutes’ drive from the Teesside Autodrome and commands a good level of footfall. Cleveland Retail Park is accessible within five minutes’ drive, and the centre of Middlesbrough and the town’s train station are both less than ten minutes away.
The lot will be brought to auction by Auction House North East on 23rd May 2023 with a Guide Price of £100,000 – £120,000.
A characterful former public house just over 15 minutes’ walk or three minutes’ drive from Roose train station, this lot has huge potential – whether its new owner decides to convert to residential or mixed-use (upon receiving all relevant consents) or modernise it as a hospitality venue.
To the ground floor, the property features a lounge bar, a games room and WCs. There is accommodation to the first floor, which is comprised of three bedrooms, a kitchen, a living room, a bathroom and storage space.
The whole property requires renovation, but offers a significant return on investment.
Located in a popular neighbourhood featuring a combination of businesses, residential properties and a school, the lot enjoys a highly beneficial proximity to Portland Walk Shopping Centre, Barrow Park and Barrow Park Leisure Centre and the Forum events venue.
The lot will be brought to auction by Pugh Auctions on 23rd May 2023 with a Guide Price of £32,000.
The top three floors of this characterful landmark building in Scarborough will be sold as one lot. The first floor of the building is mainly open-plan office space, with some storage, while the second storey features further offices and further storage and the third floor is currently chiefly storage.
The total footprint of the available space measures approximately 2,582 square feet.
There is potential for this property to be converted to residential use, and initial drawings have been made for this purpose – however, consent has not yet been sought.
The lot sits just over five minutes’ walk from the Scarborough seafront and the South Bay Beach, less than ten minutes from the town’s train station. It enjoys an excellent position in a busy shopping district.
It will be brought to auction by Auction House Hull & East Yorkshire on 24th May 2023 with a Guide Price of £100,000 – £125,000.
An attractive local pub with self-contained accommodation, this lot sits just ten minutes’ drive from the centre of Halifax in the beautiful Calder Valley.
Available vacant and in good condition, though with plenty of potential for redevelopment or refurbishment, the property is made up of two storeys, with the hospitality venue to the ground floor and a 2-bed apartment to the first.
The green spaces of Savile Park and Manor Heath Park lie nearby, as does the historical Wainhouse Tower, a landmark of the town and the tallest folly in the world. There is good public transport in the area, with a number of bus stops within a short walk of the lot.
The property will be brought to auction by Auction House Manchester on 16th May 2023 with a Guide Price of £100,000 – £120,000.
This is a terraced two-storey commercial unit set within a popular parade of shops only five minutes’ drive from the heart of the up-and-coming town of Stockport.
With Central Manchester less than forty minutes away via public transport (Stockport train station can be reached in just over five minutes from the property on foot), the unit sits on a pedestrianised street a short distance from Hollywood Park.
made up of two separate “retail zones”, as well as a WC and office space, the property has a gross internal space of around 615 square feet and also features a rear yard. It is currently leased on a contract that will end in September 2023, commanding rent of £6,600 per annum.
The lot will be brought to auction by SDL Property Auctions on 25th May 2023 with a Guide Price of £75,000.
With the centre of Leek only ten minutes’ walk away, this lot is in a superb position, surrounded by popular retail outlets, leisure complexes, eateries and other amenities. It enjoys an excellent level of footfall and, as a result, offers a very good return on investment.
A terraced property arranged over two floors, with a retail unit to the ground floor and two good-sized rooms to the first floor, it offers a blank slate that can be furnished for a wide range of purposes, dependent on consents. To this end, the property will require some modernisation.
The lot will be brought to auction by McHugh & Co Auctions on 23rd May 2023 with a Guide Price of £20,000.
This lot enjoys a central position within the lovely market town of Leominster in Herefordshire, and sits a very short distance from the popular thoroughfare of Baron’s Cross Road. Surrounded by the main shopping district of the area, and with Leominster Museum situated less than five minutes’ walk away, the two-storey property is comprised of a ground floor shop space and first floor office.
There are, in fact, three similar neighbouring lots available for auction separately – numbers 1, 3 and 5 of Black Swan Walk.
With rear access and plenty of kerb appeal, situated as it is on an attractive parade, this property offers a great deal of potential.
The lot will be brought to auction by Barnett Ross Auctions on 25th May with a Guide Price of £65,000.
This is an exciting opportunity to take ownership of a lovely period building with a range of attractive features.
A former Methodist Chapel, the property sits in a picturesque rural area between the Wiltshire hamlets, towns and villages of Cleverton, Lea, Brinkworth and Little Somerford, just over 20 minutes’ drive from Chippenham and under half an hour’ from Swindon.
The property is comprised of a main hall, with three external lean-to stores and a garden, with a total internal footprint of around 460 square feet.
Dating back to 1874, the detached lot is in a beautiful location and offers a range of potential future uses, subject to planning consent.
The lot will be brought to auction by Strakers Auctions on 25th May 2023 with a Guide Price of £95,000.
Located just off the bustling High Road of London‘s desirable borough of Finchley, this lot enjoys a superb position. Woodside Park and West Finchley underground stations offer easy access to public transport within approximately fifteen minutes, and, as a result, Central London can be reached in just over 45 minutes.
The lot has gas central heating and is comprised of an office space, kitchen and WC. It is arranged across a single storey and measures around 254 square feet. Ideal for any new owner seeking an office or studio in prime location, this vacant freehold property represents a superb investment.
The lot will be brought to auction by Barnett Ross Auctions on 25th May 2023 for a Guide Price of £90,000.
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