Shepherd’s first dedicated commercial property auction of the year features 26 lots with combined value of £3.35 million

After forging a new partnership with SDL Property Auctions late last year, the first live-streamed Shepherd Commercial Property Auction of 2021 will be held next week on Tuesday 30th March and conducted by auctioneer Andrew Parker from SDL Property selling commercial properties via a live-streamed Auction Event.

Barry Dunlop, head of Shepherd Commercial Auctions, said: “As restrictions begin to relax in the months ahead, we remain committed to providing a safe, secure and transparent way to buy and sell commercial property in Scotland on our national site.

“Our latest catalogue features 26 hand-picked mixed stock from investment, retail, office, and development sites across the country. All lots are open to remote bidding online, over the phone and by proxy.”

Steve Barnett, managing partner at Shepherd, added: “By adding timed and live-streamed auctions to our range of services, we now offer our commercial vendors complete flexibility as to how and when they would like to sell their property.

“Our partnership with SDL Property Auctions allows us to reach more potential buyers and drive the best possible prices, while providing speed and certainty within a fixed timeframe.”

SDL Property Auctions’ managing director and auctioneer Andrew Parker added: “We are delighted to have partnered with Shepherd, taking our successful live-streamed auctions north of the border for our first uniquely Scottish auctions.

“Despite the challenges of the pandemic and Brexit, now is a great time for us to be expanding our reach into Scotland, and for Shepherd to diversify into auction sales. Commercial property can be a sound long-term investment and the market remains strong in Scotland, with good returns for investors based both in England and Scotland, especially while interest rates remain low.”

ENDS

For further information please contact Steve Barnett on tel 0141 331 2807