Glasgow property auction firm doubles up on growth with new city HQ

Prime Property Auctions was previously based at West Regent Street in the city centre, but having outgrown its home of two years the firm has now relocated to a modern facility at Academy Park Business Park on the city’s south side.

A flurry of hires over the past few months saw company founders John Morris and Luis Guarin begin the search for a new base.

At 4,500 square feet, the firm’s new HQ is double the size of the West Regent Street office and can accommodate further recruitment when required. Current staffing is sitting at 23.

Morris said: “We needed more space due to the growing numbers of staff. Since February, five new members of the team have come in and during that process it became clear we had outgrown our city centre office.

“As great as that location was, this allows us scope to grow even further. Moving out of the city centre gives us a lot more for our money, plus the office comes with parking. We have saved a lot on office rental and that has allowed us to invest in the staff.”

The new base provides a boardroom, kitchen and a lounge area where clients can come in to discuss their affairs.

“While a lot of our deals are done online and over the phone, having that face-to-face contact with clients is important,” added Morris. “Our new office is a very welcoming space.”

Prime, which has been dealing in land as well as residential and commercial units across the UK since launching in 2022, has been selling an average of 35 properties per month this year.

“It’s great to see the continued growth and we want to keep that going,” said Morris. “We are very ambitious and want to become the go-to property auction house in Britain.

“We trust the team to do a lot of things, and that in turn is allowing Luis and I more time to work on the business and develop it further.”

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