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Allsop’s new auction catalogue features ‘a wide range of investment opportunities’

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.

George Walker, partner and auctioneer at Allsop, said: “Our May commercial auction has a wide range of investment opportunities with highlights ranging from a store let to Whole Foods in Stoke Newington to a Waitrose in Melksham, both providing investors with exposure to strong sectors in good locations, and long-term income.

“Investors continue to seek income from their cash reserves and we anticipate a busy auction room on 23rd May.”

The catalogue can be viewed online by clicking here.  

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