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Biella · Industrial warehouse

Industrial warehouse for auction at Via Padre Greggio 12, Biella

Via Padre Greggio 12, Biella

The lot

Industrial warehouse in Biella: base price €930,000, vacant (the notice says so).

TypeIndustrial warehouse
Surface areanot stated: it is in the appraisal report
Occupancy statusVacant · from the notice
Deadline for offers26/11/2026 at 13:00 · in 21 days
Auction date27/11/2026 at 15:00
Minimum offer€697,500
Deposit10% of the price you offer
Minimum bid increment€15,000
Type of saleCompetitive sale in insolvency proceedings (Court of Milan), published on the Public Sales Portal
Sale methodOnline asynchronous auction: offers and bids online over a number of days, without being present
ProceedingsJudicial liquidation no. 658/2025 · Lot 1 · Court of Milan
Viewings and informationCustodian: SIVAG SPA · fallimenti-immobili@sivag.com

Offers by Thursday 26/11/2026 at 13:00; auction on Friday 27/11/2026.

Read the text of the notice

From the notice: judicial liquidation Chiorino Technology Srl R.G. 658/2025: Biella Via Padre Greggio 12/A Strada Campagnè 11 - Lot “as a whole” made up of: Building A) industrial plant and open area --Building B) dwellings, storage room and external areas belonging to the property Total commercial area 7,207.00.

If this sale also gets no bids, the judge can normally reduce the minimum offer (offerta minima) base by up to a quarter: at the next attempt it could start from about €697,500, with a minimum offer of €523,125. This is the maximum allowed by law (art. 591 c.p.c.), not a forecast: the reduction is decided by the judge and in the meantime the lot may be awarded to someone else.

How to take part

Irrevocable offer as indicated in the terms of sale, online on the Public Sales Portal (Portale Vendite Pubbliche) or on the website of the sale operator. Minimum offer (offerta minima) €697,500.

  1. This is a competitive sale managed by the receiver of the proceedings: read the disciplinare (sale terms), which sets out where and how the offer must be delivered. To visit the property, contact the court-appointed custodian (custode): SIVAG SPA · fallimenti-immobili@sivag.com.
  2. The irrevocable offer is submitted as indicated in the terms of sale, online on the Public Sales Portal or on the website of the sale operator by Thursday 26/11/2026 at 13:00.
  3. If you are awarded the lot (aggiudicazione), you pay the balance within the deadlines set out in the disciplinare and sign the notarial deed (rogito) with the notary; mortgages and seizures are then cancelled by decree of the delegated judge.

The public appraisal report, with photos and the condition of the property, is free and is among the attachments to the notice: read it before making an offer.

Official documents

Costs and conditions to factor in

The items below are the general rules for this type of sale: the exact figures are in the notice linked at the bottom.

  • Deposit (cauzione): 10% of the offered price, as set out in the sale rules
  • Balance payable under the disciplinare terms
  • Notary's fee for the notarial deed, payable by the buyer
  • Registration tax as in a normal sale; if the company in the proceedings is selling business assets, the sale may be subject to VAT (IVA): check the disciplinare
  • No commission to pay to the court or the seller. If you choose our assisted service, the fee is separate and we will tell you in writing before we start

What you really need

  • Deposit: €69,750 (10% of the minimum offer, as the notice requires) or €93,000 if you offer the base price
  • Registration tax: €62,875 (9%, minimum €1,000, plus €100 of mortgage and cadastral taxes); if a company is selling, VAT may apply: the notice says so
  • Notary's fee for the notarial deed (payable by the buyer), transcription and change of ownership: approximately €1,000-€2,500, more for higher amounts
  • Indicative total budget starting from €697,500: approximately €761,375–€762,875
  • These are estimates based on the general rules, not a quote: the exact figure depends on the notice, your tax situation and the bank.

History of the lot

  1. 27 November 2026€930,000

    This sale

If this sale gets no bidders, the judge can lower the starting price by up to a quarter (art. 591 of the Code of Civil Procedure): the next attempt could start from about €697,500, with a minimum offer from €523,125. This is the maximum reduction, not a forecast.

Where it is

Position taken from the address in the notice: it may be approximate. © OpenStreetMap contributors, open the map.

The market here

Auctions in Biella ↗
  • Area value: in OMI area C1 (semi-central), for standard industrial buildings in normal condition, the Italian Revenue Agency gives between €215 and €315 per m² of gross floor area. Rents in the area: 1.5–2 €/m² a month.Italian Revenue Agency – OMI, values for the first half of 2026. These are average values for the area: they do not reflect actual condition, occupancy or unauthorised works, and at auction the price can rise above the starting price.
  • 724 homes sold in the last 4 quarters (provincial capital, BI), 27% with a mortgage. In Q2 2026: −24% on a year earlier.Italian Revenue Agency – OMI, data up to Q2 2026.
  • Average declared income in Biella: €28,275 a year.Italian Ministry of Economy and Finance, tax year 2024.

The monthly payment, as a guide

€3,765 a month

Starting point: a mortgage of 80% of the starting price, 25 years, at the average rate of new mortgages in Italy (3.6%, ECB 2026-09). French amortisation at a fixed rate, fees and insurance excluded. Your bank sets the real rate: this is not a credit offer.

We call you back for free about this property

An agent reads the notice and the appraisal with you and explains the steps to take part. No commitment: any professional services and their costs are agreed beforehand.

The official notice of sale prevails.

At least one of email and phone is required.

We call you back for free