Harbourside investment star performer at London property auction

A popular investment property with stunning views over Brixham harbour has been sold to a local buyer.

Newton Abbot commercial property specialists Charles Darrow handled the sale of the property on The Quay.

There was significant interest from investors from across the UK, however a local property investor snapped up the property with a pre-auction offer, paying in excess of the £220,000 guide price.

Charles Darrow sales negotiator James Sanders said: "Number 15 The Quay is an excellent example of the results which can be achieved at auction.

"With the aid of Network Auctions, our London based Auction House partner, we gained a great response across the UK, which continues to prove the appetite to purchase is high within the south west."

The auctions are held in Mayfair, London, every two months and have proved an effective way of achieving the best price for a business.