Selling tenant assets - any companies do this?

Selling tenant assets - any companies do this?

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xerawh

Original Poster:

325 posts

128 months

Thursday 25th February 2021
quotequote all
Apologies if wrong thread.

We've got a building where the tenants have gone bust and left a lot of furniture and fittings that may be transferred to us (lawyers checking).

Is there any type of business that will pick everything up and sell them for us? Preference is they pay us a discounted value and take the risk of selling for profit, but also happy to consider them getting % of any sales.

Any reputable firms or auction houses out there doing this?

xerawh

Original Poster:

325 posts

128 months

Thursday 25th February 2021
quotequote all
Thanks all. Any recommendations of auction houses as no experience in this area and only know of the international ones (Sotheby's etc).

To put in context, building is a med/large hotel in central London and we've got to get rid of all the room and common area furniture, so FB/Gumtree will not be ideal and too cumbersome to deal with multiple people.

We just want it gone and recover anything we can (had previously written it off as going in the dump)

xerawh

Original Poster:

325 posts

128 months

Thursday 25th February 2021
quotequote all
dudleybloke said:
What's your timescale for having it emptied?
as soon as possible as new tenants want to start work in anticipation of lock down easing...

xerawh

Original Poster:

325 posts

128 months

Monday 1st March 2021
quotequote all
sociopath said:
Auctioneer is the easiest, theyll take it, store it and sell it.
Slightly different but we did that with my late mum's house contents, took itball snd then proceeded to sell it over the next 8 months at various sales.

You don't get as much as doing it yourself, but so much easier
Thanks - would you be OK To share details of which auction house did this?

I've contacted a lot of the others and they don't store/take assets - just sell in situ and tell you when people are coming to pick up what, which doesn't work for us.

Thanks everyone else for the suggestions - have followed up with a few.