How to Sell Assets when Downsizing

How to sell surplus assets when moving premises

When relocating your business, you may make the decision to downsize for cost savings. Whilst this can be a daunting process, it is important to consider your options when moving to a smaller business premise, and determine how to manage any surplus assets. This is where online auctions may serve as an effective solution.

Whether you may be moving to a smaller office or facility, or are upgrading your equipment and disposing of older models, the auction process may be an appropriate sales method.

What are the benefits of downsizing through asset auctions?

Selling through auction can provide significant cost savings compared to holding any assets which are no longer required in storage.
Choosing to sell instead offers the opportunity to realise your surplus assets’ potential value.
Auction houses can provide services for marketing of your assets and manage the entire sale process from beginning to end, saving your time and resources.

If you are considering selling your business assets as part of a niche industry or sector, it may seem difficult to locate potential buyers. Our auction team can provide targeted marketing to an international network of buyers across varied sectors, from woodworking machinery to commercial catering equipment as an example- we can provide more exposure for highly specific assets. Contact us to learn more about our services.

How to dispose of assets by online auction

We operate our auctions with transparency for all involved, providing a smooth sale process. One of our RICS-registered valuers can provide an accurate valuation for the assets you intend to sell before downsizing. Then we will market your assets to target buyers, and arrange the auction slot which will include your assets. Once this goes live, bidders can join the auction online and the winning bidder will be contacted in order to arrange the sales transaction.

Contact our professional auctioneers

If you may be interested in finding out more information on the sales process, contact one of our professional auctioneers today to arrange a sale of your assets and maximise returns. You can either call 0333 200 2041 or complete the form below to do this.

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Eddisons boasts a national presence, with offices located throughout the UK.