The popular items on the list include the large 'Terminal 1' sign on the front of the building along with smaller, more niche items, such as displays screens or black and white backdrops of Tower Bridge.
"There are two categories of buyer. The first is other airports - those that are not necessarily first world or Western," said Daniel Gray, from Global Partners, the company cataloguing and selling the assets.
"The other assets are memorabilia," Gray was quoted as saying by 'Londonist'.
The terminal, originally opened in 1968, was formally opened by Queen Elizabeth II in April 1969.
At the time Terminal 1 was the biggest short-haul terminal of its kind in Western Europe.
A new pier (the so-called Europier) was added in the 1990's which increased the capacity of the terminal, catering for widebody aircraft.
In 2005, a substantial redesign and redevelopment of Terminal 1 was completed, which saw the opening of the new Eastern Extension, doubling the departure lounge in size and creating additional seating and retail space.
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