News | Commercial Auction
Allsop releases commercial auction catalogue featuring 140 lots
- Allsop’s May commercial auction catalogue comprise 140 assets across the UK, including high-quality industrial and retail investment opportunities
- 39 lots are marketed with a guide price of £1m+
- The highest-value property is a mixed-use medical and residential investment in London, guided at £10.5m
Allsop has released its May commercial auction catalogue, featuring 140 lots and an average guide price of more than £850,000.
The catalogue includes a wide range of potential investments across the country, 39 of which are guided at £1m or more (at an average of over £2m). Properties on offer range from retail and industrial assets to mixed medical and residential investments.
George Walker, Partner and Auctioneer at Allsop, said: “Private investors have had a busy first quarter, which has seen us sell £112m worth of property so far in 2022, as they pin their faith in our high yielding sector. The latest catalogue has a higher average lot size than usual, with 39 lots guided at over £1m, as the auction team continues to work alongside other specialist teams within Allsop on the sale of a wide range of mixed use, retail, industrial and other assets”
Key highlights:
- Lot 27: a grade II-listed freehold medical and residential investment situated in Marylebone, London, comprising medical accommodation on lower ground to second floor with large maisonette and roof terrace on upper floors, guided at £10.5m+
- Lot 33: a freehold mixed-use investment and development opportunity located in Hampshire, consisting of three retail units, ten newly completed flats and a large car park on a site of approximately 0.97 acres, guided at £3m+
- Lot 18: a freehold parade comprising shops, a nightclub and a former gym located in Epsom, Surrey, providing total accommodation of approximately 26,655 sq ft, guided at £2m+
The commercial auction will take place virtually on 25 May, and the full catalogue is available here.
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