Variety is key for achieving high sales, says auctioneer

Variety is key for achieving high sales, says auctioneer


Todays other news
Investors can save up to 12% on typical asking prices...
Clive Emson Auctioneers have unveiled 178 lots across southern England...
House prices increased by 0.3% in August, following a rise...
Five more projects have been awarded over £57m from the...
Spain has numerous issues right now, many connected with restrictions...


Almost £20 million was raised at a sale by Clive Emson Auctioneers, revealing that variety remains the key during uncertain market conditions.

The auctioneer catalogued 171 lots for the summer sale, which took place across five days in five venues from July 23.

James Emson, managing director, said: “No two lots are ever the same with Clive Emson, and that uniqueness is a key factor when the market is experiencing challenging conditions. We strive to offer as diverse a list of lots as possible – from the biggest buildings to the quirkiest properties – which continues to attract huge numbers of customers to our sales.”

Highlights of the sale included a former NatWest bank located in Saltash, Cornwall, with a working cash machine to be let at £1,000 per annum for return on investment, which saw a buyer making a sizeable deposit of £85,000.

A former trout farm with potential on 12 acres in Hyth on the Kent coast sold for £270,000 – £120,000 more than the initial guide price, while a second-hand car sales and repair garage with consent for demolition and five new houses in Fareham, Hampshire, went under the hammer for £615,000 in a bidding war.

In Chigwell, Essex, a cottage left unoccupied after extension work two years ago was sold for £364,000. Meanwhile, Roebuck House, a commercial building in Hastings Old Town currently housing a doctors’ surgery and a pharmacy, generates £78,000 per annum in rent, has conversion potential, and eventually sold for £700,000.

Clive Emson holds a regional auction at five locations every six weeks. The sixth sale of 2018 starts at 11am at the following venues:

·         Kent & South East London: Monday, September 10 at the Clive Emson Conference Centre, Detling, Maidstone, Kent.

·         Essex & North and East London: Tuesday, September 11 at the Chelmsford City Racecourse, Chelmsford.

·         Sussex & Surrey: Wednesday, September 12 at the Hilton Brighton Metropole, Brighton.

·         West Country: Thursday, September 13 at the new venue of the Solent Hotel at Whiteley, near Fareham.

Emson added: “We hope everyone has an excellent August break while we prepare for our September sale where we hope to see confidence returning to the market.”

Share this article ...

Join the conversation: Login and have your say

Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The UK’s largest property auction house, Allsop, raised £34m from...
Brent Cross Town is a 180-acre new park town development...
A high profile agency has set out the investor advantages...
New figures show the scale of the rental supply slump...
The financial success of your buy-to-let depends on the investment...
The new Labour government has finished the job started by...
Manchester is the highest-ranking English city for residential investment, according...
Recommended for you
Latest Features
Investors can save up to 12% on typical asking prices...
Clive Emson Auctioneers have unveiled 178 lots across southern England...
House prices increased by 0.3% in August, following a rise...
Sponsored Content
In the ever-evolving landscape of property investment, staying ahead of...
Property investors, This one's for you. Lendlord's latest Deal Analyser...
The savvy property investor knows the importance of adapting their...
0
Would love your thoughts, please comment.x
()
x

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