Property Auctions
Recent years have seen a rise in the popularity of auctions as the best means of disposing of investment and surplus properties, covering commercial, residential, industrial sites along with land. And our dedicated list of investors knows it. We print several thousand catalogues for each sale.
With over £67M of property sold ‘in the room’ through our Auctions Department in 2011, this is one of our busiest teams, due to the quantity and turn-around of properties sold in a short time scale.
We have on average 16 auction sales per year, taking place in both Leeds and Manchester. A recent survey undertaken by Focus has placed Eddisons as the 8th largest auctioneer in the UK for the number of commercial lots sold and 10th largest auctioneer in the UK for the value of commercial lots sold
Our Surveyors are adept at advising on sale placement and advising on setting realistic reserves. With an auction it can seem that all the ‘action’ takes place on sale day, but our team have been undertaking a full marketing campaign weeks prior, to spread the net as wide as possible, and as soon as catalogues are available, there is a steady stream of interested parties viewing properties and legal documents.
To make an enquiry to the auction department please complete the form below.