Allsop’s December sale brings hammer down on over £350m of Commercial Auction sales in 2025

• Allsop raised £33.6m from the sale of 47 lots at its December commercial auction, achieving an 87% success rate
• The highest-value lot sold prior to auction was a mixed-use office and retail property in Ilford, Essex, with approval for permitted development which sold in excess of £5.85m
• 7 lots sold for £1m or more

Allsop, the leading property consultancy and UK’s largest property auction house, concluded its final auction of the year, raising £33.6m from the sale of 47 lots at its December sale. This brings the total raised by the Commercial Auction team in 2025 to £352m through the sale of 517 lots, with an overall success rate of 85%. 

The highest-value transaction was two adjoining freehold buildings in Ilford, Essex, comprising six shops, offices, telecoms income and car parking (lot 27). Located in the town centre, the building generates £237,333 p.a gross rent and has approval for the development of 56 residential units. The property sold prior to auction for more than £5.85m. 

A total of seven lots sold for £1 million or more, while 10 lots achieved prices at least 10% above their reserve. The average lot size was approximately £675,000. Of the lots sold, 27 were located outside of London and the South East, contributing to £13.9m to the total sales value. The retail sector remained dominant, accounting for 76% of lots sold (81% by value).

Allsop’s latest buyer survey indicated strong demand going forward with 85% of respondents expressing an intention to buy again. Moreover, 85% were repeat buyers, and 77% had previously used cash to finance their acquisitions.

Alex Neil, Commercial Auction Partner at Allsop, said: "The results of our December auction indicate that well-priced assets continue to attract buyers focused on strong fundamentals and long-term value. An above-average number of lots sold prior to auction, which further demonstrated the strength of investor appetite. With the Budget now concluded, we expect more decisive action from sellers. Our February catalogue looks promising and will be released on 23 January.”

Auction highlights include:

• Lot 15: Stamford, Lincolnshire - a freehold Grade II listed shop investment, let to the Card Factory and The Cotswold company, generating £140,00 p.a, sold for c.£1.5m
• Lot 18: Aldershot, Hampshire - a freehold roadside drive-thru restaurant and car wash investment, let to Caspian Food Services (trading as Burger King) and Anduff Car Wash Ltd (trading as IMO), generating £148,863 p.a., sold for £2.2m (6.4% NIY)
• Lot 24: Bristol, Avon - a freehold retail parade and residential investment consisting of 11 shops and 11 flats, generating £207,650 p.a., sold prior for c.£2.45m
• Lot 26: Barry, South Glamorgan – 28-bed hotel let to Travelodge Hotels Ltd until 2038 at £88,816 p.a, sold for £990,000 (8.5% NIY)

Allsop’s next commercial auction will be live-streamed on Wednesday 11th February.