We’ll drink to that! New auction venue for Network Auctions sees successful first sale.

 

 

Our first auction at
the historic Cumberland Hotel, our new Central London venue, saw a well
attended room and a sales success rate of 70%

With a specially arranged catalogue featuring the inclusion
of fifteen public houses on behalf of one major client, auctioneer Guy
Charrison was delighted to see twelve of the fifteen licensed premises secure
purchasers.

In total the auction produced sales income of £3,491,000

Toby Limbrick, Managing Director of Network Auctions said:
“We were delighted with our new venue which is superbly located in the heart of
London and enables us to reach the widest possible audience with our catalogue.

With a Central London auction room, telephone, proxy and
online bidding, we make it easy for potential buyers to bid and secure lots.

Our next auction which will take place on Wednesday October
23rd will have a more balanced catalogue with land, residential and
commercial lots included.

There is still time to list instructions and we shall be
delighted to discuss auction arrangements with anyone thinking of disposing of
property.”

Network Auctions work with partner estate agents across the
UK providing a powerful combination of local expertise and national coverage
and therefore maximising the opportunities for a successful sale.

Any agent considering offering auctions is invited to
contact us to discuss working as partners.