The latest Acuitus commercial property auction raised £27m with a sale rate of 84%.
A freehold retail and residential parade on Mare Street in London’s Hackney sold under the hammer for £3.45m at a yield of 6.0%. The 10,630 sq ft property at 239-249 Mare Street comprises a mixed used investment of three restaurants with office and residential accommodation on the upper floors.
Charlie Powter of Acuitus comments: “We had described this property as a ‘Hackney Diamond’, a sentiment which our bidders certainly agreed with. Assets of this size having asset management potential, and location
November auction results by Clive Emson Auctioneers
A freehold building in the heart of London’s exclusive Kensington has sold in auction for £1.1 million.
The four-storey terraced property, let at £52,000 per annum (lot 26), was among 137 lots listed across southern England by Clive Emson Auctioneers, regional land and property auctioneers, in the firm’s November catalogue.
James Emson, Managing Director, said: “Arranged as a retail unit on the ground and lower ground floors, with residential upper parts and a rear workshop, accessed via a private road, the new buyer has got a lot of
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A three-bedroom bungalow set in the heart of Wandlebury Country Park, Cambridgeshire, far exceeded expectations when it sold for £1,010,000 at the Cheffins property auction on Wednesday 27th September.
With a pre-sale estimate of £650,000 - £700,000, the bungalow was in need of full refurbishment but included a separate self-contained annexe and a detached outbuilding, as well as extensive gardens and grounds, set within the Wandlebury Ring Walk. Multiple bidders fought for their chance to own the property which sits in a rarely available location, showing that there remains significant
Charming Devon cottage set for auction
A charming cottage in a village setting near Yelverton, Devon, is set to go under the auctioneer’s gavel next month.
Two-bedroom 3 Coles Cottages in Horrabridge is among 134 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
Offered jointly with View Property, it is listed with a freehold guide price of £140,000-plus and vacant possession at the firm’s auction which ends on Wednesday 1 November.
Regional Director & Auctioneer David Henwood said: “This charming cottage
Clive Emson Auction stations across Essex
A detached two-bedroom cottage in popular residential location in Chelmsford is set to go under the auctioneer’s gavel next month. (wed 1 nov).
Rose Cottage, 1 Seven Ash Green in Springfield, is among 135 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
Offered jointly with Bartlett Hammond, it has a freehold guide price of £325,000-plus at the firm’s auction which ends on Wednesday 1 November.
Regional Director & Auctioneer Paul Bridgeman said: “This
A three-bedroom riverside house, guided at £370,000 - £380,000 (lot 52), is part of the ancient tower fortifications and walls in the cathedral city of Canterbury, Kent. The property is among 135 lots listed across the southern England in Clive Emson Auctioneers’ latest auction.
Canterbury City Council instructed the sale of Sudbury Tower, named after the city’s archbishop Simon of Sudbury, who is believed to have financed the upgrading of this section of the city's fortification; he met a grisly end during the Peasants Revolt of 1381.
Three former hotels, a medieval
A three-bedroom bungalow (pictured) set in the heart of Wandlebury Country Park, Cambridgeshire, far exceeded expectations when it sold for £1,010,000 at the Cheffins property auction on Wednesday 27th September.
With a pre-sale estimate of £650,000 - £700,000, the bungalow was in need of full refurbishment but included a separate self-contained annexe and a detached outbuilding, as well as extensive gardens and grounds, set within the Wandlebury Ring Walk. Multiple bidders fought for their chance to own the property which sits in a rarely available location, showing that there remains
Five trade counter investments let to Travis Perkins sold with sale prices ranging from £1.22m-£1.95m as the September Acuitus auction raised £31.39m from the sale of 85% of the lots offered.
The trade counter assets achieved yields ranging from 5.6%-6.8%. Charlie Powter of Acuitus commented: “Investments like these are very popular with investors. In this instance, all the lots benefitted from a strong covenant which has a consumer-resilient business, good unexpired lease terms and low site coverage”.
Elsewhere, a top of the range motor trade investment, operating as a Kwik Fit, with an
More than £18 million was raised for sellers in the sixth auction of eight this year by Clive Emson Auctioneers.
There were 180 lots listed across southern England and South Wales in the September auction by the regional land and property auctioneers.
James Emson, Managing Director, said: “Diverse lots bought included two houses on an acre of Kent countryside, for just under £1m, to £10 for a strip of roadway in Wokingham, Berkshire. Many buy-to-let and owner-occupier homes were also sold during the auction.”
In the same family ownership since the 1960s, two adjacent houses at Sellindge