Launch of CPN Auctions
November 2024
Newcastle-based Naylors Gavin Black is calling for entries to the very first national commercial property auction run by The Commercial Property Network (The CPN).
The CPN – which Naylors Gavin Black is part of – has launched CPN Auctions to allow property owners to take advantage of its sizeable client database which comprises the contacts of its 33 privately-owned commercial property advisory firms, which span the UK.
CPN Auctions is an independent service for the many commercial real estate opportunities that are suited to the auction format.
Entries are now open for the first online CPN auction which will take place on Wednesday 19 March 2025. The timed online sale will feature commercial properties from all over the country.
CPN Auctions is the brainchild of president of The CPN, and partner at Naylors Gavin Black, Fergus Laird, who said:
“The UK-wide coverage of our 33 member firms and the network’s granular local knowledge and valuation expertise will bring together an unrivalled spread of commercial property opportunities.
“Our network, coupled with the online auction format, provides access to a significant pool of buyers, nationally and internationally. The binding nature of the auction contract commits buyers and sellers on the fall of the hammer, keeping timescales compressed. We welcome entries from commercial property owners who are considering selling at auction.”
Formed 60 years ago, The Commercial Property Network offers expertise to organisations looking to maximise the management of their commercial property assets, whether that is through commercial investment, building consultancy, property management or any of the 14 services offered. It covers all aspects of commercial property, advising on the whole property lifecycle, from investment strategy and acquisition to planning, development and construction, asset/property management, property management, sales and lettings and disposals.
To submit a property for the March auction, please contact Fergus Laird at flaird@naylorsgavinblack.co.uk or via cpnauctions@cheffins.co.uk.
The closing date for entries is Wednesday, 19th February.