Allsop releases ‘bumper’ December Commercial Auction catalogue

Allsop releases ‘bumper’ December Commercial Auction catalogue

Todays other news
The current controls come to an end on March 31...
The agency is also seeking other partnerships in Portugal...
The investment was supposed to be for a city centre...
The first one is in Manchester - but will the...
Grainger is selling its low-yield stock and pinning its hope...


Allsop’s final commercial auction of the year will see 237 properties located throughout the UK go under the hammer, with guide prices up to and including £4m.

The two-day sale, which will be held on 5th and 6th December at The Berkeley in Knightsbridge SW1, will include a Pizza Express restaurant in Soho and a 0.89-acre site near Heathrow.

Notably, 75 lots are located within London and the South East and 50 lots have guide prices at or in excess of £1m.

The total income from all the lots on offer is in excess of £12.5m per annum. The vendors are dominated by funds, including Olim, Aviva and Columbia Threadneedle, and eight different asset managers, who are responding to the strength of demand that we saw in the last sale in October – the biggest for a decade.

Property operators, including Sports Direct and Integrated Dental Holdings, are also offering assets along with a wide range of private propcos and investors.

George Walker, partner and auctioneer, said: “The £117m October auction was pivotal in moving the market on, beyond Brexit, with buyers responding to the opportunities that commercial investments can offer in terms of yield and income security, at a time when the options for cash returns are minimal.

“Buyers regularly tell us that they are seeking larger lots in London and the South East. With 50 lots guided at more than £1m and 75 lots in London and the South East, we anticipate a busy two day sale.”

The catalogue can be viewed online by clicking here

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Unusual commercial lots under the hammer next week...
A stone-built former retail showroom, together with 22 apartments and...
The UK’s largest property auction house, Allsop, raised £34m from...
A Nottingham care home which closed in June is to...
Spain’s draconian new tax is already spooking British investors...
The Budget has forced a revision of forecasts for the...
Prices and sales volumes will grow in 2025 despite the...
Recommended for you
Latest Features
The current controls come to an end on March 31...
The agency is also seeking other partnerships in Portugal...
The investment was supposed to be for a city centre...
Sponsored Content
As the property industry shifts towards sustainable practices, Inspired Property...
Are you concerned about rising interest rates and their potential...
In the ever-evolving landscape of property investment, staying ahead of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here