Allsop’s Commercial Auction Team launches almost 100 lots for its May auction

• Allsop’s commercial auction catalogue for May features 94 lots, ranging from £50,000 to £3.25 million
• The largest lot is a supermarket in Worcester Park let to Iceland with flats above, guided at £3 million to £3.25 million
• 45% of the lots are located in London and the South East
• The auction is taking place online on Thursday 1st May 

Allsop, the leading property consultancy and the UK’s largest property auction house, 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 £1 million, 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.

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.

Alex Neil, Commercial Auction Partner at Allsop, said: “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. 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.”

Commercial auction highlights 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 29: Worcester Park, Surrey – A supermarket let to Iceland with three flats and consent for a further four, guided at £3m – £3.25m (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)
• 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+

Allsop’s next commercial auction will take place online on Thursday 1st May, and the full catalogue can be viewed here.