Hosting a traditional auction on February 15th Connect UK Auctions live-streamed the auction for their ‘in room’ experience. Bringing a multitude of bidders to the table the auction exposed numerous bidding wars on multiple lots and what a watch it was!
The Albion Pub, Grimsby, North East Lincolnshire DN31 3HW
A former public house on a corner plot sold for a mighty 47% above guide. Guided at £70,000 the lot sold for £103,000. The site was bought by a local resident who is finishing another development project before looking into applying for planning on this one.
Freehold Land, School Lane, Wales, CH7 4UB
20 acres of raw land sold under the hammer. Guided at £65,000 the land sold for a mighty £97,000, 49% above guide. The site was originally part of the Gem Brick & Tile Works, until it was wound up in 1901, it then became Alyn Brick & Terracotta Company. More recently used by Clywd Alloys as a foundry for the reclamation of scrap metals until its closure in 2002.
2 Fredericks Road, Hastings, East Sussex TN35 5AA
A freehold detached house, in an elevated position. Requiring updating and also tenanted this lot saw 5 viewing days and more than 30 viewers step through its doors. With potential to either update the property and increase the current rent or to wait until vacant, refurb and sell on, the auction lot offers numerous options to its new owner to add value to.