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At Pattinson Commercial North East, we have substantial experience in both commercial and residential sales. And thus with decades of experience in the North East region property market, our expert commercial property team delivers the utmost tailored solutions that help local authorities maximise their assets while driving economic growth and community benefit. Managing public sector property portfolios can come with challenges, from ensuring best value on asset disposals to attracting investors for regeneration projects.
We therefore understand the complexities councils face in managing surplus properties, regeneration projects, and investment opportunities. By supporting local authorities with the disposal of surplus council owned assets, we help them achieve optimal returns on underutilised properties through our sales and marketing efforts.
Our commercial team can identify opportunities that align with urban planning goals, economic development strategies, and housing needs, by sourcing land for regeneration and development. We deal with lease negotiations for public sector properties, ensuring competitive, fair, and efficient leasing arrangements that maximise asset performance. Our real strength lies in connecting councils with reputable investors and developers, as this is a sound way to reach the potential of public sector property.
We work closely with council estates managers, procurement leads, and urban planners to deliver bespoke solutions that meet the needs of each project. Whether it’s disposing of excess assets, securing funding for development, or negotiating lease terms, our expertise ensures a smooth and successful outcome.
A recent success to note was a piece of land we had listed with our auction facility, Pattinson Auction, which was ideal for a variety of uses, such as residential development, commercial projects, or a combination of both (subject to necessary planning permission). With its location, the site offered huge potential for growth and investment in a great community. With a Starting Bid of just £10,000, this land went on to sell for an amazing £51,500.
Another notable sale, also offered to auction, was a former taxi office, currently set up as a popular car wash/garage/workshop, with a guide price of £99,000, it sold for £125,000, and with an unconditional offer! These examples are just two of many everyday successful commercial property sales we make at Pattinson Commercial, as we seek to not only offer sellers a quick and transparent sale, but also to reach and surpass starting bids.
If you are looking to buy or sell commercial property, we would love to discuss how our Pattinson commercial team can help to support your strategy.