VAT on Sale of Property During Wind up

Hi

I've been asked the question of whether VAT is applicable to the sale of a property during a business wind up?

It is relation to a VAT registered partnership that has ceased trading and are in the process of realising assets to pay as much of the shortfall to creditors as possible.

The partnership owned a property that was utilised for the staff offices and the factory to produce their goods (i.e. the company did not trade in commercial property)the property has a charge over it from the bank for its entire value.

It is currently on the market for sale but they are unsure if when a sale occurs it will be subject to VAT?

Please could someone advise, or point me to where I could find further information?

Thanks in advance