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Insight

What Information Is Needed to Introduce a Commercial Property?

If you own or represent a commercial property and are considering a confidential introduction, a short set of facts allows its fit with a buyer's criteria to be assessed. This checklist explains what helps at the first stage and what should wait.

Prepared by Estate Partners

01

Ownership or authority

Start by confirming your position: are you the owner, a director of the owning company, or an agent or adviser with written authority to discuss a sale? If several parties own the property, say whether all of them support an approach.

Without confirmed authority, nothing about the property can responsibly be passed on.

02

Location and use

Give the town or district and the type of building: office, retail, logistics, mixed use or other. A precise address is not needed at first and can be shared later under agreed confidentiality. Describe the current use and its approximate size.

03

Occupancy

Say whether the building is fully let, partly let or vacant, and roughly how much space is empty and for how long. Note whether one tenant occupies most of the space, as concentration affects how buyers view the income.

04

Available lease information

A summary of each lease is ideal: the tenant, the space, the rent, the expiry date and any break date when the lease can be ended early. If only some of this is available, say so; a clear statement of gaps is more useful than incomplete figures presented as complete.

Lease length to expiry and lease length to break are different measures, so it helps to list both dates where they exist.

05

Asking terms

Indicate the kind of transaction you have in mind: a sale of the whole property, part of it, or the owning company, and whether there is a price expectation or a process already underway with other agents. This is used to judge fit, not published.

06

Confidentiality and documents

Do not post leases, accounts, tenant details or title documents in a public form or email them unprompted. At the first stage, a summary is enough. Sensitive documents should be shared only once a buyer's interest is established and confidentiality and introduction terms are agreed in writing.

Tell us which details may be shared, with whom and on what conditions.

General information about preparing for a sourcing discussion. It is not legal, tax, valuation or investment advice, and it does not replace professional due diligence.