In today’s commercial property market, off-market deals are becoming increasingly popular for both buyers and sellers.
These transactions where properties are not listed publicly can offer a range of benefits which include less competition, greater speed, and confidentiality for both the buyer and seller.
Off-market deals offer significant advantages. For buyers, these transactions eliminate the pressure of a public bidding process, creating a quieter, more focused negotiation environment. Sellers also benefit by avoiding the hassle of public listings, engaging only with serious pre-qualified buyers, and often achieve a faster more discreet sale.
Recently BB&J Commercial’s Cameron Godfrey negotiated an off-market acquisition deal for unit 45-46 Parker Centre on behalf of a retained client back in June. The property, measuring 3,891 sq ft and leased for £26,000 annually was acquired for £350,000, delivering a gross yield of 7.43%.
Cameron approached the agent acting for the registered owner and negotiated an agreement that matched his clients’ expectations along with the sellers, all with discretion in mind for both parties.
Cameron noted, “Securing this off-market deal highlights the strength of acting quickly and strategically. It’s a great example of how an acquisition agent can facilitate these opportunities while ensuring a smooth and confidential process. I welcome further opportunities to assist investors in finding high-yielding properties or help owners explore discreet sales.”
The role of an acquisition agent is crucial in these types of deals. A skilled agent will be able to provide exclusive access to off-market opportunities and use their network to identify properties that meet specific investment goals. They handle purchase negotiations to ensure the best possible terms for the buyer and streamline the entire process, saving time and reducing stress.
Whether you are an investor or a property owner, working with an acquisition agent can be a powerful tool to secure the right property or achieve a successful sale.
Speak to BB&J Commercial
Want to find out more about our property acquisition services? Get in touch with the team today:
Call: 01332 292825
Email: commercial@bbandj.co.uk
