Clive Emson Auctioneers sold land and property worth £16.5 million at its September sale, with a catalogue of 138 lots achieving a 75 per cent sale rate.
Managing Director James Emson said, “Our excellent results emphasise just how important it is to offer lots right across the range. With demand remaining strong, particularly among investors, and the market buoyant due in part to record low interest rates we are now offering clients even more ways to buy and sell.”
Highlights included £1.25 million worth of Isle of Wight property; a former music venue, the Beacon Court Tavern in Gillingham, Kent, which sold for £370,000 and a fire-devastated terraced house in Rye, Sussex, went for £122,000.
The Old Brewery in Dawlish, Devon, with residential conversion consent, smashed sold for £146,000, and in East Cornwall a cottage needing improvement, but in a four-acre riverside setting, attracted a buyer at £340,000.
Clive Emson also launched a new digital service to complement the firm’s live auctions. Lots are sold upon the ‘fall’ of the electronic gavel, with bids placed online. Sellers pick a reserve price, a finishing date and time which suits them.
James said, “There can be no doubt that the wind is strengthening with online property, so it makes sound sense to increase our share of the digital market while continuing to grow our popular live auctions.”