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HomeProperty Auction Houses

About Allsop Commercial Property Auctions

Allsop Commercial are a large, national auction house based in London. They were established on Aug 28, 1987.

Where do Allsop Commercial Property Auctions cover?

Allsop Commercial are a national auction house focused on the South East.

Greater London is their biggest county. They've auctioned 171 properties here in the last 12 months, accounting for 16% of their business.

Allsop Commercial Property Auctions are a national auction house. South East is the biggest region for them.

They've auctioned 147 properties here in the last 12 months, accounting for 14% of their business.

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Tip: If you’re selling your house at auction it’s a good idea to look for an auction house with a strong focus on your area.

What types of properties do Allsop Commercial auction?

Allsop Commercial mainly focus on selling commercial properties, which account for 99% of their listings.

Allsop Commercial Property Auctions mainly focus on selling land, which accounts for 99% of their listings.

They also have a strong presence in selling land property, which accounts for 1% of their listings.

They also have a strong presence in selling land, which accounts for 1% of their listings.

What price range do Allsop Commercial specialise in?

For commercial sales, their average selling price is £623692.

This is higher than the national average of £374086, which means they generally cater to the lower end of the market, or focus on regions where property prices are generally cheaper.

This is higher than the national average of £374086, which means they generally cater to the upper end of the market, or focus on regions where property prices are more expensive.

This is higher than the national average of £374086. This either means they don't have a particularly strong focus on the upper or lower end of the market, or means that they focus on regions where property prices are in line with the national average.

£1 – £100k
7%
£100k – £250k
25%
£250k – £500k
29%
£500k – £1m
22%
£1m +
17%

Allsop Commercial Auction Performance

We break performance into 3 key parts: Market Share, Succes Rate, and Customer Satisfaction.

Market Share

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Market share is the percentage of total auction sales that are made by a single company.
31.2%
7

Allsop Commercial are the #1 largest auction house in England & Wales.

Allsop Commercial are the 7 largest auction house in England & Wales.

They sold 667 properties over the last 12 months, giving them a market share of 31.2%. (Nationally, a total of 2140 properties were sold by auction over the last 12 months).

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Tip: When you’re deciding which auction house to sell with, a larger market share can mean a safer bet.

Don't rule out smaller auction houses though. Your experience with a company ultimately comes down to the person you deal with there, rather than the size of the company. Read more here.

Success Rate

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Auction houses don't sell every property they take on. The success rate is the percentage of their properties they successfully manage to sell.
61%
12

Allsop Commercial have the #1 highest success rate among auction houses in England & Wales.

Allsop Commercial have the 12 highest success rate among auction houses in England & Wales.

They successfully sell 61% of the properties they list, which is higher than the national average of 48%.

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Tip: A higher success rate usually means an auction house is more realistic with their valuations, are less likely to take on customers with unrealistic expectations, and may be more efficient at generating interest and bids from buyers.

Reviews

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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
6 Reviews
6 Review

Allsop Commercial Property Auctions have been reviewed 6 times in the last 12 months, with an average score of 1.7/5. Read more about their reviews here.

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Tip: Review scores are important to consider, but it’s important know what customers are actually saying as well. We outline the overall themes of their reviews further down this page.

Allsop Commercial Auction Fees

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+ vat

Allsop Commercial charge a standard auction commission fee of % + vat.

%
+ vat

The auction fee Allsop Commercial charge depends on the selling price. They charge:

  • % + vat on properties up to £.
  • % + vat on properties up to £.
  • % + vat on properties above £.
  • % + vat on properties up to £.
  • % + vat on properties above that.

Commission Fee

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This is the main fee for the service. It's either paid by the buyer, or directly from the sale proceeds, so sellers never have to pay this fee out-of-pocket.
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Who pays the commission fee?

The commission fee is paid by the .

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Is there a minimum fee?

The commission fee is subject to a minimum of £ + vat.

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Tip: Although the buyer pays the fee with Allsop Commercial, sellers shouldn't think of it as a "free service" for them. Whatever additional fees the buyer has to account for will ultimately reduce what they'll be willing to bid for a property, reducing the amount the seller ends up with.

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Tip: Although the buyer pays the fee with some other auction houses, you shouldn't necessarily think of those as "cheaper than" Allsop Commercial, who charge the sellers the fee. This is because whatever additional fees the buyer has to account for will ultimately reduce what they'll be willing to bid for a property.

Buyer's Premium

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Auction houses often charge the successful bidder an additional fee, called a "Buyer's Premium".
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Are buyers also charged a fee?

Buyers pay an admin fee of % + vat, subject to a minimum of £ + vat.

Buyers pay an admin fee of £ + vat.

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Are buyers charged an additional fee on top of the commission?

Buyers pay an additional "buyer's premium" of % + vat, subject to a minimum of £ + vat.

Buyers pay an additional "buyer's premium" of £ + vat.

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Tip: Buying at auction? More than 25% of buyers get caught out by unexpected fees. Don't be one of them. Download our free checklist and learn where to spot hidden auction fees.

Other Fees For Sellers

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We've done our best to uncover additional fees charged by Allsop Commercial. These can change over time though, so always be careful to check the paperwork closely.
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Are there auction entry fees?

Sellers pay an up-front auction entry fee of £ + vat. This is non-refundable, even if the property fails to sell at auction.

Allsop Commercial Property Auctions do not charge auction entry fees. Most auction houses charge around £300.

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Do they charge withdrawal fees if you change your mind?

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Are there any hidden costs or other fees?

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What about legal costs?

Remember that you’ll always have legal fees to pay too. These are separate to the auction fees, and Allsop Commercial Property Auctions don’t have any control over these.

Auction legal fees come in two parts: An up-front element for the legal pack, and the final legal fee, which is paid on completion of your sale.

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Tip: No auction entry fees with the auction houses we recommend. Many auction houses willing to negotiate on this.

Allsop Commercial Reviews

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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
0/5 out of 0 reviews
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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
2.3/5 out of 3 reviews
Trustpilot reviews logo
Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
1/5 out of 3 reviews
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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
0/5 out of 0 reviews

Good things people say (Pros) 

What can be improved (Cons) 

How Allsop Commercial work

Allsop Commercial auction process

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What types of auction do they run?

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What happens on auction day?

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What happens if your property doesn't sell at auction?

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We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.

How Allsop Commercial market your property

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How will Allsop Commercial advertise your property?

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How do they get property photos?

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Will your listings include a floor plan and video walkthrough?

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How do Allsop Commercial conduct viewings?

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More info coming soon!

We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.

Other questions

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How do Allsop Commercial value your property?

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How long is the contract with Allsop Commercial?

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More info coming soon!

We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.

Allsop Commercial Auction Events & Results

Showing last 12 months of auction results. Use the tabs above to see Upcoming Auctions.

05
Jul
2023
Commercial - July - 2023
Online Only
 • 
10:00 am
Awaiting Results
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124 Lots Offered
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59 Sold
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£43026250 in Value*
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48% Success Rate

* = Estimated based on sold prices available

Showing upcoming auction events.

No items found.