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Auctions

Auction sale demonstrates benefits of partner agent network

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26th August 2014

Network Auctions’ September auction catalogue is the largest so far in 2014 and a clear indication that their blend of local expertise, via their fifty office partner agent network, is recognised by those looking to sell as a winning combination.

Network Auctions are selling lots across all parts of the UK.

The September auction will also contain the highest ever number of lots contributed directly by the partner agent network who are successfully offering a full national auction service to their local and regional clients.

Network Auctions now hold eleven auctions a year with six in Central London and five in Birmingham. This is providing both sellers and buyers with increased opportunities and exposure to make a successful sale or purchase.

With bidding now possible live in the room, by telephone, by proxy and via the internet, Network Auctions are ensuring that every opportunity to secure a sale is available to their seller clients. For buyers, these bidding options help make buying fast and straightforward.

The September auction, which will be held at the Cumberland Hotel at Marble Arch at 2pm on September 10th, has an interesting and broad selection of lots with guide prices ranging from just £8,500 to £625,000. Seller clients include lenders in possession, local authorities, executors, private sellers, PLC’s and asset managers.

Lots include:

- Pinner: A prime town centre freehold commercial investment producing £50,104 per annum. Guide £625,000 – £650,000.

- A number of vacant freehold public houses:
Egremont in Cumbria with a guide price of £55,000 - £60,000, Hatherleigh in Devon with a guide price of £250,000+ and two on the Isle of Wight including The Marine with over 6000 square feet of accommodation on The Esplanade at Ryde with a guide price of £350,000+

- There are a number of interesting alternative investment opportunities including lifetime reversions and freehold ground rents.
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