Allsop’s third commercial auction of the year on 23 May at The Berkeley in Knightsbridge, SW1, will see 179 lots offered, including a Waitrose supermarket in Melksham, Wiltshire, and a rare Grade II listed centrifuge facility in Farnborough, Hampshire.
The sale will see a range of properties located throughout the UK go under the hammer, including a number of substantial commercial investments, with around a quarter of the lots offered at guide prices above £1m.
Assets offering high yields are expected to remain popular. This includes investments such as lot 125, a shopping centre in South Shields providing a yield of 12.04%. It comes complete with a bingo hall and is part of the South Shield’s centre which is currently undergoing a £100m regeneration programme.