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Ledingham Chalmers Inverness commercial property café: Going, going, gone. Should you buy or sell property at auction? - Tuesday 5 December 2017

Ledingham Chalmers’ commercial property café opens in Inverness next week with buying and selling commercial property at auction the focus for discussion.

The event, held at the firm’s offices in the city’s Beechwood Business Park on 5 December, turns the spotlight on this process: the subject of popular TV shows such as Homes under the Hammer.

Partner John Smart said: “Public auction historically has been a good way to sell a number of different types of properties - whether residential or commercial - including those in need of a lot of renovation; a hard-to-value conversion, or if it’s a building in an undesirable location.

“Increasingly, though, we’re seeing more mainstream properties sold this way, including investment properties with sitting tenants.”

The event will look at the pros and cons of this system for commercial property, including exposure to a larger market and more diverse range of buyer; the complex tax rules that can apply in specific circumstances; and what actually happens when the hammer falls.

Register online on Tuesday 5 December from 12.30pm to 2pm.

Posted, 29 November 2017 Categories: Events