Commercial property features strongly in Bond Wolfe Auctions’ next online live-streamed sale on Wednesday 19 May.
The record breaking catalogue of 236 lots means that the auction will once again start at 8.30am to accommodate the fast growing interest in Bond Wolfe Auctions’ properties across the UK.
Ian Tudor, managing director of Bond Wolfe Auctions, said: “We are seeing growing interest in commercial lots from across the UK and further afield. Indeed, we recently sold a commercial property for £1 million to a Hong Kong investor.
“With Step 3 out of the national lockdown due a couple of
A whole parade of shops with development potential in the heart of a Staffordshire market town is going under the hammer at the next Bond Wolfe Auctions live-streamed auction on Wednesday 19 May.
The block of five retail shops at 4-16 Brook Square, Rugeley, which comes with plenty of extra accommodation on the first and second floors, has a guide price* of £475,000+.
The property currently has a gross income of £24,700 per annum, and this could rise to an annual total of £90,000 once fully let, which would represent a healthy yield of nearly 19% based on the guide price.
One of the Midlands’ most popular corporate events is to be revived in the early Autumn of 2021.
The Bond Wolfe group, which includes Bond Wolfe Auctions, Bond Wolfe Commercial, Bond Wolfe Finance and BW Media, is to hold its annual golf day at Edgbaston Golf Club on Tuesday 14 September.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “The event has been on hold for a couple of years, with the launch of Bond Wolfe Auctions in January 2019 and the lockdowns in 2020 and into 2021, making it impossible to stage as we would have wished.
SDL Property Auctions is experiencing an influx of enquiries from sellers of houses in the £250,000-£500,000 price bracket, as they realise auction is the most realistic way of beating the stamp duty holiday deadline.
The National Property Auction on Thursday 29th April will see buyers benefiting from the saving, as their transactions will complete well ahead of the stamp duty holiday deadline on 30th June.
Managing director and auctioneer Andrew Parker says sellers benefit, too: “As purchases in this auction will complete by the end of May, sellers can bid confidently and stretch
Bond Wolfe, the multi-disciplinary property consultancy headquartered in Birmingham, has invested in a digital marketing business as the company looks set to expand its national and global influence.
The firm has taken a 50% stake in See You Social, which provides digital marketing strategy, implementation and guidance for businesses in the UK and across the world.
The company, which has been rebranded BW Media, has clients not only in the West Midlands and UK but also as far afield as restaurants and aesthetic brands in California, USA.
The business was founded in 2018 by Craig Upton and
This is a common question we are asked, not only from prospective bidders but also some sellers. And, as they say, wisdom is only knowledge once its shared. The auction team at Clive Emson have provided an overview below that should help shed light on some of those grey areas surrounding the legal pack.
All lots are sold subject to the Common Auction Conditions, essentially a set of standard terms and conditions relating to all land and property being offered. These are enhanced by the Special Conditions of Sale which are unique to each lot being offered and may contain additional non
The appetite from buyers for auction property shows no sign of dimming with sales totalling more than £30m (£30,062,300) for Auction House London in March 2021.
Demand has been so high that auctioneers held two auctions during the month, on 3 and 30 March. Many properties are continuing to sell above the reserve prices agreed by sellers and Auction House London is achieving higher prices than competitors as in the example of this property in New Southgate, London, N11. Last week, this sold for £221,500, just a matter of weeks after it sold with another auctioneer for £180,000 in February 2021
Commercial property was much in demand as Bond Wolfe Auctions set a new record for the UK’s most successful livestreamed auction, raising over £30.23 million in its latest sale on 31 March.
The tone for the day was set when Lot 1, the former Sedgley Police Station (pictured) in the Black Country sold for an impressive £820,000 from a *guide price of £260,000+.
Ian Tudor, managing director of Bond Wolfe Auctions, said: “This auction was also the largest ever held outside of London, with a total of 205 lots sold from 218 offered, representing a success rate of 95%.
Auction House is announcing that the first three months of 2021 have been the best-ever annual first quarter in the 14-year history of the group.
A total of 826 properties were sold between January and March this year, from 1041 offered – a success rate of 79.35%, raising a total of over £128m (£128,427,102). The amount of money raised is almost 40% (38.9%) above the figure raised in the first three months of 2020(£92,451,493).
It was also the best-ever March for the group, with 371 lots sold from 459 offered – a success rate of 80.83% and a total raised of £63,667,201.
SDL Property Auctions has just completed its most successful March ever, raising more than £28.8 million for sellers – an 184% increase on March 2020.
This impressive figure was raised through a combination of live-streamed Auction Events, Timed Auctions and Buy It Now sales.
By maintaining a continuous service throughout the pandemic and during every level of lockdown, SDL Property Auctions has experienced growth in every area of its business, increasing the number of lots sold by 94% compared to last March and trebling the income for estate agents within its 1,300-strong partner
