"With quality stock still in short supply across the wider market, we’re seeing buyers increasingly turn to auction for speed, certainty and access to a broad range of opportunities"
- Alex Neil - Allsop
Allsop has published its July commercial auction catalogue, featuring 102 lots with guide prices ranging from £1,000+ to £3.75 million. The catalogue includes 20 lots with guide prices at or above £1 million, reflecting continued buyer appetite for well-located, income-generating assets.
One of the highest value listings is a freehold office and residential ground rent investment in Marylebone, W1. The property is let to London Business School until 2033 and is guided at £3.5 million+. In total, the properties offered generate a combined rental income of £5.6 million.
The auction, scheduled for Thursday 17 July, includes a range of mixed-use and single-use assets, with particular concentration in the South East. According to Allsop, these properties remain popular with a broad spectrum of investors.
Among the key lots is a building in Southall comprising two shops and four flats, offering potential for redevelopment. Another is a mixed-use parade in Aintree, Liverpool, let to tenants including William Hill, Morrisons Local, and Alliance Pharmacy. A long leasehold warehouse investment in Hoddesdon, Hertfordshire, currently let to Hygiene Systems Ltd, is also featured.
The catalogue includes properties from alternative sectors such as nurseries, funeral homes, veterinary practices and motor-trade premises. Several freehold investments in London are also available, located in areas including Wimbledon, Battersea, Eastcote and Hendon.
“July’s catalogue reflects the continued strength of demand for well-located, income-producing assets, particularly in the South East,” said Alex Neil, commercial auction partner at Allsop. “With quality stock still in short supply across the wider market, we’re seeing buyers increasingly turn to auction for speed, certainty and access to a broad range of opportunities. We expect strong competition across a wide range of competitively priced lots.”
The upcoming auction will take place online.
