BPI’s Bankruptcy Auctions
When searching for specific, specialist equipment online, it can often be difficult to find what you are looking for at a price that is affordable to you. This is where bankruptcy auctions can help. With any liquidation auction, the opportunity can arise for an item you require to become available at a fraction of the brand new price, in many cases, these can be brand new also.
Sadly, many businesses in the UK go out of business every day and when filing for bankruptcy, selling off assets at auction for the company such as any remaining stock, items in inventory, office furniture and more can help with making the money needed to clear debt.
If the item is used and also depending on the age, whilst we don’t conduct testing on the equipment or items to validate the condition, the item descriptions should reflect the current condition helping with your decision to commit to purchasing at auction. All our auctions allow viewings on-site. Please call to arrange a visit and view the lots we have available today.
Benefits of Buying from Bankruptcy and Stock Liquidation Auctions
Liquidations are very common and can occur due to a number of reasons which the business may have been impacted by, this is often something like the business being declared bankrupt, a business closing or redundant or unwanted stock. The chances of the equipment being fully operational is higher due to recent usage by the company that suddenly went under.
For a quick and impactive sale, many businesses choose to take their assets to auction. Not only is a bankruptcy auction an effective way for a business to recoup costs, but it’s also a great marketplace for people requiring new stock and furthermore, stock that can be acquired by others at a good price.
BPI Auctions has many businesses, sellers and other outlets who sell items and equipment regularly, sometimes following an update of their inventory or sometimes as a result of moving unwanted stock too, so be sure to check all of our auctions on our website today.
