Pro Auction are the best in the business and we know they will always achieve the maximum possible return for our surplus assets. We wouldn’t consider using anyone else.
CEO - Luxury Branded Retailer
Pro Auction’s goal is to help you maximize the value of your redundant assets.. Through our position as one of the most trusted auctioneers, valuers, and asset consultants in the country, we can ensure that surplus or redundant assets are valued accurately and sold for as much as possible, whether by tender, private treaty, or auction.
that every client has different requirements and we provide an efficient, prompt, and proficient service to meet your needs.
Our highly qualified and experienced staff have access to one of the most comprehensive asset sales databases in the UK, which means that we can provide asset advice and market valuations that are based on accurate factual comparable information.
Pro Auction provides expert advise to both corporate and private clients throughout the country and internationally. Our firm understands that our clients require a fast, reliable, and professional service, though we also recognise
Our comprehensive range of services ensures we focus on delivering tailored solutions to our clients’ needs. Whether we are supporting the delivery of a multi-million pound disposal project, delivering a sale strategy for asset disposal or preparing product inventories to improve product life cycles, we seek to ensure the client ends up with the result they require. Our extensive client list is built upon our reputation for honesty, integrity, and professionalism. As a result, we provide our clients with a complete disposal solution that yields results that exceed their expectations.
As a complete bespoke service, we assist you with every aspect of realisation of your assets, from the initial valuation to the final sale of the asset. Regardless of the circumstances around a particular sale or auction, one of our highly experienced valuers will visit your premises before any sale or auction to value the assets and present you with a proposal within the parameters of current market value and demand, only after you are completely satisfied will we proceed.
Our proven marketing approach combines both digital and traditional methods to ensure that the sale of your assets attracts the largest possible audience. The market leading technology at the core of our business, which powers both live and timed auctions across numerous marketplaces, allows our auctioneers to manage thousands of auctions, providing a level of trust not found elsewhere in the secondary goods market.
In contrast to other options available to you for disposal, Pro Auction manages the whole process from start to finish for you. It is highly likely that an auction is the right solution if you want to dispose of your assets in a short period of time. Auctions create urgency that changes the dynamics of the purchase decision immediately and suddenly We have accumulated a wealth of knowledge in the removal, storage and disposal of assets and have successfully completed numerous projects for our long list of customers.
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Fees that we charge are always based on the successful conclusion of a sale there are no upfront costs or hidden charges, and we never act as a dealer or principal to ensure that there is no conflict of interest it’s always a win-win situation
The auction industry plays an important role in accelerating the growth of the circular economy with the evolution of online auctions facilitating the market for second-hand goods. Our services ensure that millions of items are resold for re-use or repurpose each year, extending their value within the economy and preventing waste.
Recent research shows auctions allow individuals to reduce their personal emissions by purchasing used items rather than buying new. They could save over half a tonne (560kg) of carbon emissions by buying one second-hand sofa, 460kg by buying a second-hand dining table, or 800kg by purchasing a mechanical wristwatch secondhand rather than new. The impact of these savings is particularly striking when compared with individuals’ annual carbon footprint, with the average person in the UK emitting 13 tonnes per year, and 16 tonnes per year in the US.
We have invested in the development and enhancement of robust, flexible and highly refined auction platform technology that supports everything that we do.
Our platform technology is at the core of our business; it powers live and timed auctions across multiple marketplaces, thereby empowering our auctioneers to manage thousands of online auctions, providing a level of trust not found elsewhere in the secondary goods market.
We are able to offer consistency in the user experience and delivery through multiple channels, each of which is a market leader in its respective market and geographic area, with real-time audio and video broadcasts of auctions that bring together assets from across the globe with bidders in 160 countries.
It is our aim to provide our bidders with easy and convenient ways of engaging in and bidding in our auctions across the globe from the comfort of their own homes using the latest technology.
Our clients come to us because they know we have knowledge and professional contacts across a variety of fields, which allows us to achieve the results they want.
We can offer expertise and experience across the following sectors:
Our extensive knowledge of all these sectors enables us to provide the very best service to our clients and ensures that assets are priced, marketed and sold according to the current requirements and economies of the relevant field.
CateringFood Processing & Packaging Retail & Surplus Inventories Hotel & Leisure Industrial Plant & Machinery Commercial & Industrial Facilities Public Houses & RestaurantsWe are able to understand the complex nature of each and every business within this wide-ranging field - from hotels and public houses to gyms, golf clubs, resorts & sports stadiums.
We are expert in dealing with plant, machinery and business assets and can deal with anything from individual items to the contents of an entire factory across the spectrum of industry sectors, by auction, tender or private treaty.
We work with hotel owners, operators and design firms in property upgrades, in all phases and scope of renovation projects.
The recurring qualities in all our projects are skill and care. Our work frequently takes us into busy, occupied premises where absolute safety and discretion is paramount.
Our dedicated and experienced sales and marketing team provide a first class service to our clients. Utilising leading edge technology and access to the very latest industry databases we ensure the very best return on your investment.
With a large portfolio of successful hotel projects in our resume, we are experts in realising and extracting maximum recovery value from excess hotel inventories, surplus furnishings and discontinued goods.
The retail disposition strategy we implement enables our clients to achieve the best result through an agreed, structured, and controlled approach.. We have succeeded in maximising returns and minimizing costs by implementing strategies, which will consider ongoing operations in store and online, as well as the best way to protect and maximise a brand. With a full range of robust dependable one-stop-shop auction services, Pro Auction serves manufacturers, retailers, and private companies with a secondary market gateway for overstocks, seasonal clearance, insurance write-offs, and returned merchandise. All our clients benefit from our competitive advantage in the secondary market with multiple aspects of added value.
We are available to banks and other financial institutions to supply valuations for asset based lending requirements. This accurate and comprehensive collateral review service covers all asset classes and updates are available throughout the lifespan of the asset.
Our receivership specialists are available to turn a difficult situation into a solution. We act on behalf of lender and insolvency practitioners to quickly secure and recover debts and maximise proceeds, as well as advising on debt recovery strategy.
Our highly experienced valuation team works with a diverse range of clients and is available to supply professional, independent valuations across real estate, machinery, stock and business assets. Our clients rely on us to provide accurate calculations
We have the range of skills to support the requirements of Asset Based Lenders in the UK and across Europe, for collateral reviews, due to diligence and valuation for all secured lending requirements; whether new business, managing existing lending portfolios or advising on risk and recovery profiles.
Providing a bespoke solution to each instruction we offer a fast, reliable and professional service enabling the Insolvency Practitioner to concentrate on the core issues of an Administration or Liquidation.
that are based on experience and in depth sector knowledge.
Working to tight timescales we take pride in the level of service our clients experience, ensuring that whatever the need for valuation, the report depicts accurate well researched facts.
Our experience and sophisticated systems recognise the best strategies for connecting your assets, brand and inventory with a global panel of buyers and sellers: Private Clients, SMEs, PLCs, government agencies, and administrations are all part of our client list. Our comprehensive knowledge of asset management allows us to develop solutions that consistently outperform our competitors and provide clients with higher margin returns.
Our philosophy is that, no matter what you're trying to buy or sell, everything has value - you just have to find it, recognize it, and exploit it. As one of Europe’s biggest specialist auction houses Pro Auction accomplishes exactly that. We bring buyers and sellers from all over the world together.
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Successful auctions are the result of experience, diligent planning and implementation, as well as allegiance to our clients. You cannot ignore the fact that auctions become serious events when your property and your money are at stake we understand and respect the fact that auctions often represent a transitional stage for both he seller and buyer, and our auction planning and implementation is sensitive to their goals.
When planned and executed appropriately, auctions and other competitive market mechanisms can achieve important objectives in selling or acquiring products, assets and resources, the success of these mechanisms depends on experience expertise and repute.
Pro auction was formed by two leading experts in the industry to design, manage, and develop highly successful auctions and other competitive mechanisms across many different industries and countries. Our clients have benefited from the assistance we have provided with these programs.
With Pro Auction, you get knowledge, experience, reputation and support that you need in order to maximise the value of your assets, minimise your costs and achieve your objectives in an efficient and cost-effective manner.
Auctions create a sense of urgency that changes the dynamics of the purchase decision immediately, It is vital to understand this shift, It reverses the buyer’s perspective in favour of the seller.
The purchaser’s primary concern now has shifted from “what is the least I can pay” to “what is the most I can pay and still have value.” This is incredibly significant in achieving a market price.
A successful auction process can effectively consolidate a year’s worth of marketing into four weeks of highly profitable advertising targeted at prospective buyers.. As a result, the risk versus reward concept is more relevant to today’s business environment than the time vs. money equation.
The auction process makes for a smooth and uncomplicated closing by eliminating endless negotiations and contingencies.
Auctioneers solve problems, not just talk fast; they’re proud of helping their clients find solutions; they’re experts at dispersing assets in a strategic manner. At the mere mention of auction, people hear the rhythmic cadence of an auctioneer’s trademark bid call.
Contrary to public perception, talking fast isn’t our specialty. Professional auctioneers are marketing specialists who use product knowledge, technology and advanced advertising to promote the assets they are charged with selling.
Auctioneers have the tools and knowledge needed to create a portal that connects buyers and sellers through their expertise in the psychology of selling. The public perception of auctioneers is that they “all talk fast”, but the truth is that they spend one percent of their time captivating their audience with their famous chants, and 99 percent of their time marketing, building, and managing the auction successfully for their clients.
▪ The auction process allows you to establish the true and fair market value of your assets.
▪ Auctions facilitate fast cash conversion of any asset, thus facilitating liquidity.
▪ Auctions allow for advertising, marketing, auction day operations and clearance to be coordinated with deadlines .
▪ Auctions are fast and efficient since there are no lengthy negotiations once the hammer falls, an asset is sold.
▪ In addition to cutting costs and maximising value , the auction method reduces interest, legal, and maintenance costs.
▪ In the event that assets must be separated between parties, there is no more equitable distribution method than auction.
▪ The auction process stimulates action, resulting in a high sell-through rate for redundant assets.
▪ Utilising the auction process, an asset will receive the most exposure and awareness in the shortest amount of time, driving interest and awareness quickly and efficiently.
▪ Auctions offer an alternative sales channel with solutions established for protecting the creative foundation of your brand and existing sales channel.
▪ Auctions requires potential buyers to prequalify, eliminating the need for the seller to waste time and money dealing with those who are not true potential buyers.
▪ Auctions play an important role in sustainability providing the client with notable green credentials .
▪ The sale of assets by auction will give you access to funds not otherwise available. The proceeds of the sale are sent to you within days of a successful auction.
The commercial definition of an auction is a public sale of goods or property, especially one in which prospective purchasers bid against each other until the highest price is reached. Auctions have a long history, having been recorded as early as 500 BC.
There are many circumstances that assets may come to auction, retirement, a change or closure of a business, excess or discontinued inventories, restructuring, insolvency, probate or simply as an alternate sales channel.
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• Inventory
• Marketing
Online
Webcast
• Site clearance
• Tender and Private Treaty Sales
As leaders in the industry, we offer a comprehensive range of services for business asset valuations and disposals.
• Valuation
• Warehousing and Logistics
• Advice in administrations, liquidations,
• Financial Valuations, Allowances
Compensation