The first Acuitus commercial property auction of 2023 raised £13.3m with a success rate of 88%.
Highlights from the auction include a City of London retail & office ground rent investment which sold substantially over the guide price; as well as a landmark development opportunity near Salford Quays, Manchester.
Acuitus Chairman, Richard Auterac, commented: “A number of lots attracted considerable attention from the very outset of our marketing, especially in much sought-after sectors such as development and ground rent investments. However, we have also seen sustained transactions across
Eddisons has strengthened its presence in South Yorkshire with the acquisition of long-established Sheffield-based surveyors and auctioneers, Mark Jenkinson & Son. Read more.....
How to bleed a radiator: bleeding a radiator in 7 simple steps
Be honest - how often do you bleed your radiator...if at all? Yep, we thought so, and you’re not the only one. Unless the pipes are making a real racket, few of us think to do it. However, bleeding your radiators is one of the easiest ways to cut your energy bills, all whilst keeping your home toasty and warm during the winter. A win-win.
Why it’s important to bleed your radiator
Over time, air gets trapped inside a radiator and forms a pocket or bubbles at the top, which block the water from circulating around. As a result, the
Auction House London auctioneers are celebrating a record-breaking sale this week (Wednesday 8 February 2023) with the highest number of lots ever to be listed and the greatest number to sell in a single day.
The 12 hour long marathon livestream auction saw 178 lots sold, out of 208 offered, raising more than £30m (£30,191,000).
Auctioneer and Director of Auction House London, Andrew Binstock said, "Despite an extremely challenging market there was little let up from bidders with 86% of Lots selling. It was an epic first auction of the year and our success has to be down to an
Despite a backdrop of continued economic uncertainty and hesitancy amongst buyers, SDL Property Auctions has reported its best ever January.
Selling more than 110 residential, commercial and development land lots via its live streamed and online Timed Auctions, SDL Property Auctions raised £13m for its sellers – including the sale of a portfolio of 33 properties for £2m.
Auctioneer and Managing Director, Andrew Parker, said: “We were expecting, like many were, that January would be a quiet month and that sellers would be concerned about disposing of property amidst unsettled market
Leading property auctioneers, Clive Emson, provides their insights into what happens to properties that fail to sell under the hammer....
While putting your property up for auction is an excellent idea with many benefits, it doesn’t always guarantee a sale. In the UK, about 78% of properties sell successfully at an auction. But what happens to that other 22%?
Here at Clive Emson, we are dedicated to selling property and land as a high-profile auctioneering facility. But, with so much on offer during our auctions, it isn’t uncommon that a handful of lots go unsold each month.
Leading auctioneers, Clive Emson share their auction property viewing insights....
When the gavel falls at auction, the highest bidder has entered into a legally binding contract where they must buy the lot being sold. This can feel like a huge commitment, particularly if it’s your first time buying a property at auction.
Viewings are a great way for bidders to find out more about a property, its structure, and its condition before they make a commitment.
But if you’ve never had the pleasure of attending an auction viewing before, it can seem daunting. Use the questions below as a guide to
Urban Jungle have listed 3 steps which will help you optimise your storage at home
Lack of storage space is a common frustration for most people living in the city and if you’re a renter you can be limited in the options you have to change this.
Step 1: Get the most out of the storage space you have. It sounds pretty obvious but try to really think through it.
Make it match
When looking at your cupboards make sure you’re storing the right item in the right cupboard, size wise. It’s a bit like playing Tetris but you’d be surprised how much more you can fit in any cupboard when maximising
Auction House reports record sales in 2022 - but predicts challenging months ahead
The UK’s largest property auctioneer Auction House is reporting a record number of sales in 2022 (4,132 compared to 3,606 in 2021) – and the first time the network has broken through the 4,000-lot threshold in the group’s 16-year history.
The total money raised by the auctions last year has also risen accordingly – up 4% (some £24.5m), to£630,683,784.
Managing Director Jeremy Prior put the increased figures down to the unique structure of the Auction House network of branches and their regional
Leading property auctioneers, Clive Emson report on their final auction of 2022....
------
We’ve made it through the last auction of the year! And what an auction it was. From churches to schools and a plethora of idyllic rural cottages, December really gave our auction house a treat.
But don’t be sad because it’s over for the year. There are still a few unsold lots for you to browse through on our website or our newsletter to keep you busy. In the meantime, let’s take a look at some of the properties that did sell this month.