Commercial, investment and residential properties and a number of agricultural and paddock land parcels will be on offer at the next Cheffins auction on the 15th March.
Key opportunities include the Keith Leonard Estate which is made up of seven lots to include two houses, a large agricultural barn and over 90 acres of both garden and arable land.
Investment properties are also on offer, including a freehold, mixed-use building with over £50,000 pa in rental income from high street stores Subway and SpecSavers with planning consent to convert the upper floors to residential flats in
The first Acuitus commercial property auction of the year saw £35m of assets sold, with the keenest interest being shown in properties producing long-term income or those located in London.
Acuitus auctioneer, Richard Auterac, commented: "The outlook is positive for our second sale of the year on March 30th and it is evident that owners have been encouraged to submit lots by the mounting evidence that the property market thrives, despite the external uncertainties. Real estate remains one of the best stores of value and buying and selling in the auction room is an excellent and immediate
The 2nd February’s Auction proved to be a fantastic event for Auction House North West with over 400 bidders in attendance, attracted by a hugely varied range of Commercial and Residential Lots with Guides ranging from NIL reserve to £425,000.
A delighted Stuart Cooper, Director of Auction House North West commented:
“The February auction was much busier than expected and a packed room produced some outstanding results for our clients, the commercial property highlight being a former council depot in Poynton which achieved nearly £100,000 above guide. The focus now turns to our auction on 23rd
After SDL Bigwood’s record breaking first auction in Coventry in November last year, the region’s leading auction house is looking to follow up with another cracker in March.
The event at the Village Hotel, Dolomite Avenue, Coventry, is on Wednesday, 29 March, and would-be sellers only have until the closing date of Wednesday 8 March to enter their property to sell under the hammer.
The November auction was Coventry’s largest-ever auction and a packed salesroom resulted in a hugely successful auction which raised £1,893,500 with 88 per cent of lots selling on the night.
Award-winning property auctioneer Auction House is declaring a new UK auction record, after entering 703 lots into its February auctions.
The number instructed beats the figure listed in December 2016, which was the company’s previous highest ever total.
Commenting on the achievement, Founding Director Roger Lake said “Never before has an auctioneer entered over 700 lots into its auctions in a single month. It’s a remarkably buoyant start to the year, which signals a noticeable resurgence in auction activity. It means that more sellers are choosing the auction route to market, their confidence
SDL Graham Penny, part of one of the UK’s largest auction networks – SDL Auctions, has hit the ground running in 2017 with a highly successful first Nottingham auction raising over £2m.
The auction, on Thursday 2nd February at Nottingham Racecourse, saw 35 residential property, commercial property, land and others offered under the hammer with 86 per cent selling and raising £2.4m for vendor clients.
Andrew Parker, auctioneer and managing director, commented: “We had a great auction in Nottingham this month. The auction room was the busiest we’ve seen it for several months leading to some
A Merseyside property auction house is set to appear on TV later this year.
BBC One’s Homes Under the Hammer came to Liverpool this month to film Sutton Kersh’s February property auction.
Sutton Kersh Associate Director Cathy Holt said: “We are delighted that Homes Under the Hammer filmed at one of our auctions. We had a great lot catalogue on the day they were shooting and the auction attendance was one of the largest we’ve seen!
“As well as a full auction house there were 40 proxy bids made over the telephone. The auction raised £4.3 million and over 80 properties were sold!”
Confidence returned to the auction market at Savills first auction of 2017 with 80% of properties sold and a combined value of over £60m.
After a turbulent end to 2016 this represents a comforting return to form and will hopefully continue throughout this year.
The demand for larger unbroken freeholds was apparent with a number of these selling in excess of £1m, particularly of note being Cintra House, SE19, which sold for £4.3m.
Vacant houses within London continue to be popular while the more stable long term investments of Regulated/Life Tenancies and Ground Rent Investments move from
A new partnership deal means that Auction House London will now sell all future auction properties listed by Countrywide in the capital.
The collaboration means that lots due to have been sold at Countrywide’s next auction in the capital (originally scheduled for 14 February but since cancelled) will now be offered by Auction House London at its sale at the London Marriott Regents Park on 22 February.
Director and auctioneer Andrew Binstock said: “We’re delighted to announce that Auction House London is now the official auction room for Countrywide stock in the capital. Not only does
Leading land agents Aston Mead have responded positively to this week’s government’s White Paper on housing – the biggest shake-up of housing policy in two generations.
In particular, the company approves of the requirement for councils to set aside land for thousands of homes, under new Government targets to allow large scale construction to take place.
Aston Mead Land & Planning Director Charles Hesse said: “For years we have been calling for a ‘standardised’ way of calculating the number of homes each local authority needs to build, to prevent councils ‘fudging’ figures on housing demand
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