"With the ongoing challenges in the global financial markets, real estate stands out as a resilient asset class with the potential to deliver more solid returns and long-term income, which many will seek"
- Alex Neil - Allsop
Property consultancy and auction house, Allsop, has announced that it has released the catalogue for its upcoming May commercial auction, featuring 94 lots ranging in size from £50,000 to £3.25 million.
The catalogue features 11 lots guided at or over £1m, with the largest lot being a supermarket in Worcester Park, let to Iceland with three flats above and consent to build four more, presenting an attractive income-generating opportunity with the potential to add future value.
The catalogue features a wide range of commercial property investments across the UK, with a particular focus on the South East, including a restaurant in Maidstone let to Zizzi, guided at between £1.05 million and £1.15 million.
Allsop’s commercial auction team has received instructions on behalf of Columbia Threadneedle, Frasers Group, Funeral Partners, and F Hinds and Mackays, among others, with a number of instructions originating from retailers selling both lease backs and non-operational assets, offering investors the chance to diversify across sectors and locations in the UK.
Highlights of May's auction include Lot 10: North Finchley, London – A large shop let to Robert Dyas until 2032 with lapsed planning for eight residential units, guided at £1.5m+ (6.7% GIY), Lot 21: Canterbury, Kent – A trade counter let to Magnet Ltd on a 10-year lease renewal from August 2024, guided at £1.3m+ (8.5% GIY), and Lots 1, 9, 20, and 33: Four funeral parlours (three include flats) let to Funeral Partners Ltd on new 15-year leases, with three located in South East and one in Dorset, guided at £350,000 - £1.85m+.
The release of the May catalogue follows Allsop Commercial’s first two auctions of 2025, which have so far raised approximately £89 million through the sale of 126 lots, of which 26 were sold for over £1 million.
“With the ongoing challenges in the global financial markets, real estate stands out as a resilient asset class with the potential to deliver more solid returns and long-term income, which many will seek," comments Commercial Auction Partner at Allsop, Alex Neil.
"Our new catalogue spans a broad range of lot sizes and sectors, providing buyers with plenty of choice. We look forward to an insightful start to May, with our auction once again acting as a barometer for investor sentiment in times of volatility.”
