South Kensington Parade Leads Allsop’s March Commercial Auction Line-Up

• The March catalogue comprises 118 lots ranging from £3.25m to £25,000
• A mixed-use parade of 6 shops with residential uppers in South Kensington are the standout Lots, with guide prices totalling £12m+
• 30 lots are guided at or above £1m
• The auction will be live-streamed on Tuesday 24th March 2026

Allsop, the leading property consultancy and the UK’s largest property auction house, has released its March commercial auction catalogue which features 118 lots and comprises retail, mixed‑use, office, industrial and alternative investment opportunities across the UK. 

The highlight of the March catalogue is a well‑located mixed‑use parade on Bute Street, South Kensington, SW7, to be offered as six individual lots. Positioned just 180 metres from South Kensington Underground Station and moments from Old Brompton Road, each lot comprises a ground‑floor shop with a three‑bed maisonette above and each is guided between £2m and £2.2m.

Lot 22 in Sleaford is one of 3 sale & leasebacks on behalf of AF Blakemore & Son. The property occupies a site of 1.213 acres and comprises a petrol filling station, convenience store (t/a Spar), Greggs (sub-let) and workshop. It is to be let on a new 15-year lease from Completion (without break) with RPI linked reviews and has a guide price of £1.3m - £1.4m (7.27% GIY) 

Geographically, the catalogue spans the length of the UK, from Penryn in Cornwall to Peterhead in Scotland, with 36% of lots located in London and the South East. Retail continues to be the most represented sector, with 60% of lots including an element of retail .

Vendors represented in this catalogue include AF Blakemore & Son, Funeral Partners, Knight Frank IM, Mid Counties Co‑operative, Pearl & Coutts, Runnymede Borough Council, USS IM and Wesleyan Assurance Society, alongside Administrators, Councils, Liquidators, Pension Funds, Receivers, Trustees, property companies and private investors.

Alex Neil, Commercial Auction Partner at Allsop, said: “We are thrilled to have released our largest catalogue in six months, following the encouraging auction we held in February.  Our 24^th March auction provides buyers with direct access to a very wide range of competitively priced commercial and mixed-use opportunities, located throughout the UK and suited to all price points.”

Commercial auction highlights include:

• Lots 7, 9, 12, 15, 19 & 28 : South Kensington, SW7 - a parade of six shops, each with a three‑bed maisonette above, to be offered as separate lots. They have a combined guide price of £12m+
• Lot 21 : Lymington, SO41- Town‑centre supermarket let to Tesco Stores until 2032, guide price of £2.75m–£3m (7.6% GIY)
• Lot 74 : Andover, SP10 - a vacant warehouse and offices totalling approx. 95,000 sq ft on a 3.95‑acre site. Guide Price £2.5m+ (£26 psf)
• Lot 8 : Pershore, WR10 - a children’s nursery let to Busy Bees until 2039 is guided at £1m+ (9% GIY)
• Lot 16 : Guildford, GU1 -  a town‑centre shop let to Neville Johnson with a two‑bed maisonette above. Guide Price £1m+ (8.3% GIY)
• Lot 60 : Uckfield, TN22 - an unbroken town‑centre parade comprising five shops and seven flats. Guide Price £1.9m–£2m (10.5% GIY)
• Lot 22 : Sleaford, NG34 - a petrol station let to AF Blakemore & Son on a new 15‑year lease with RPI‑linked reviews. Guide Price £1.3m–£1.4m (7.27% GIY)

The commercial auction will be live streamed on Tuesday, 24^th March.