Marketed on behalf of administrators with a suggested price of £7.5 million. The transaction was finalized through a Clicktopurchase® “Best Offers,” showcasing speed, certainty and transparency.
Appointed by Administrators in 2023, a network partner was tasked with marketing a complex property located in Reading town centre.
The property faced various challenges, including non-compliance with planning obligations, issues related to fire protection, and several vacancies.
To facilitate a swift and certain sales process, the property was presented with Clicktopurchase® functionality. This allowed interested parties to submit legally-binding offers online, ensuring efficiency and reliability for the selling bank. A comprehensive data room was established, providing thorough information for complete transparency.
The property garnered significant interest, prompting the decision to conclude the sale using the Clicktopurchase® “Best Offers” method just two weeks into the marketing period.
Sykes Capital, the successful buyer, adhered to the Clicktopurchase® deadline, and their offer was accepted. Subsequently, a digitally-signed, legally-binding contract was automatically generated by the platform.
The blockchain audit trail can be found here.
View the full journey of the sale here.
A unique transactional concept where purchasers, owners and agents conclude the property sale process online. It provides the facility for a legally binding exchange of digitally signed contracts to be conducted.
*note: variations may occur depending upon territory.
Our unique and modern approach, available to all members of our network, delivers significant and proven advantages over the traditional methods.
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Before you can submit a legally binding offer through clicktopurchase®, verification is required in order to meet money laundering regulations. Please complete the form accurately; the selling agent will be in touch to complete the verification process.
Please arrange for the Buyer’s Solicitor to return the Money Laundering Certificate to the selling agent.
A unique transactional platform where purchasers, owners and agents conclude the property sale process online. It provides the facility for a legally binding exchange of digitally signed contracts to be conducted.
*note: variations may occur depending upon territory.
clicktopurchase® uses hash and encryption technology as part of the creation of the transactional audit trail; this is then recorded in the clicktopurchase® Blockchain.
A unique transactional platform where purchasers, owners and agents conclude the property sale process online. It provides the facility for a legally binding exchange of digitally signed contracts to be conducted.
*note: variations may occur depending upon territory.
clicktopurchase® uses hash and encryption technology as part of the creation of the transactional audit trail; this is then recorded in the clicktopurchase® Blockchain.
Our unique and modern approach, available to all members of our network, delivers significant and proven advantages over the traditional methods.
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