Updated October 2026 · Fraser Bond
Commercial · Auctions
Buying at a commercial auction
Legal packread it
Lease& tenant
10%on the day
Max bidcalculator
In short: Commercial auctions offer shops, offices, mixed-use buildings and ground rents, often with tenants in place. When the hammer falls, you've exchanged contracts: you usually pay a 10% deposit and buyer's fees on the day and complete within about 20 to 28 working days. So all due diligence must be done before you bid: legal pack, leases, rent arrears, repairing obligations, VAT and planning. Set a firm maximum. Fraser Bond can help you assess lots and let or manage what you buy.
Maximum bid calculator
Value at target yield–
Maximum bid (before SDLT)–
Then deduct non-residential SDLT and check VAT.
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Frequently asked questions
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Is an auction purchase binding?
Yes, exchange happens when the hammer falls.
How fast must I complete?
Usually within about 20 to 28 working days.
Can Fraser Bond help?
Yes, with assessing lots and letting or managing after purchase.
