A public house/hotel investment in an affluent area of Dorset featured among the lots sold at the Acuitus commercial property auction which raised £19.05m on May 18th.
The Anchorage on Haven Road near Poole sold for £2.2m at a yield of 5.13%. The gastro pub and six-bedroom hotel is on the main route to the prime residential area of Sandbanks and its cluster of multi-million pound homes. It is currently let to Greene King on a new 20-year lease running from September 2022 without break at a rent of £120,000 pa.
Jon Skerry of Acuitus comments: “The quality of this asset and its close proximity
GEORGIAN GEM: Let at £50,112 per annum, a pair of freehold buildings, comprising five flats and two shops in the Georgian gem town of Blandford Forum, Dorset, is guided at £600,000-plus (lot 39). The property is among 134 lots listed for auction across southern England by Clive Emson Auctioneers.
A former primary school, ransom strip, chapel, offices building, a tin mine engine room and a house built around the time of Tudor king Henry VII – just some of the diverse lots listed by Clive Emson Auctioneers in its June auction.
The firm’s land and property auction, covering southern
A commercial property in a prime position in St Austell town centre is heading to auction in June.
The end-terrace premises are located at 16 Fore Street in the town’s main pedestrianised street close to nearby national retail chains and amenities.
Most recently occupied by a charity, the two-storey property includes sales space on the ground floor and ancillary accommodation on the first floor including staff room, WC, office and storage.
It has a freehold guide of £80,000 to £100,000 in the fourth sale of 2023 by the regional land and property
Auction House has seen the highest amount of money raised in its April auctions since 2018.
Compared to 2022, money raised on behalf of Auction House clients soared by 11% despite holding slightly fewer auctions than last year. Total money raised in April 2023 stands at £44,709,450, whilst last year it was £40,311,811.
Auction House Managing Director Jeremy Prior said: “These figures prove that Auction House sales continue to squeeze the last penny of profit out of every lot, despite unrelenting downward market pressure on prices.
Thousands of people flock to Auction House London at its recent sale as the former home of Lady Chatterley’s Lover writer goes under the hammer.
More than £31m (£31,067,000) was raised during Auction House London’s recent auction (Wed 19 April 2023) where one of the magnet Lots was a three bedroom Victorian terraced house, once lived in by the celebrated author, D H Lawrence who wrote the romantic novel Lady Chatterley’s Lover. The
A double-fronted shop in a prime position in Camelford town centre has sold at auction.
The ground floor property fetched £27,000 in the third sale of 2023 by the regional land and property auctioneers Clive Emson.
Senior auction appraiser Katie Semmens said: “The new owner has acquired an attractive property with plenty of potential in a prime position in Camelford.
“It offers a multitude of options going forward, subject to the
Homes and land in the West Country proved popular with bidders at Clive Emson Auctioneers’ May sale.
Leading the investment cavalry charge was a 0.85-acre plot of land with approval for agricultural barns to be converted into five houses at Modbury, Ivybridge, Devon – the site was sold for £474,000 (lot 12).
Seven other lots in the region also went under the hammer, including a field for £99,000 by a disused quarry near St Austell, Cornwall (lot 81).
A four-storey vacant building arranged as three flats in Weston-super-Mare, Somerset, at the attractive stone-fronted Oriel Terrace
A character cottage in a popular village near Exeter has been bought at Clive Emson's 4th May property auction for £115,000.
The house at 4 Church Steps in Church Stile Lane, Woodbury, was among the lots in the third sale of 2023 by the regional land and property auctioneers Clive Emson. It sold exactly at its freehold guide price of £115,000.
Senior auction appraiser Audrey Smith said: “Charming and well-located properties of this kind remain in demand among buyers.
“It would benefit from refurbishment for occupation by the