Clive Emson unveils largest auction this year

Clive Emson Auctioneers has unveiled 162 lots which will be auctioned in September.

There are 57 vacant residential, 52 investments, 24 commercial, 17 land and 12 development/conversions.

Lot 156

HMOs include a property in Bognor Regis, West Sussex, has a guide price of £1m-plus, producing nearly £127,000 per annum (lot 156).

The auction will take place on 21st September, while bidding will open 48 hours beforehand.

James Emson, managing director, said: “We have an appealing range of lots listed in the September catalogue, from former fire stations and HMOs to churches and riverside locations.

“With our auctions averaging a healthy 80% sales success rate, it is apparent that buyers are looking to bricks and mortar, and land, to help deliver decent returns to try and offset the pernicious effects of record-high inflation on cash savings.

“Our latest auction features 162 lots, the highest number to date for the year, and we anticipate keen bidding.”

Emson added: “Our July auction received traffic from more than 40 countries, with bids coming in day and night, and so, from a ‘reach’ perspective, online is hard to beat – including the convenience of bidding from home or the office.

“However, we are developing a hybrid system which, when the time is right, will combine both the ballroom and online auction worlds together so that everyone is catered for. An overwhelming 80% of clients expressed a preference for remote bidding to continue.”

The auction ends on Wednesday, 21st September; bidding opens 48 hours beforehand.

Lot 153

Guided at £1.2m – £1.25m, Kent Fire Rescue & Rescue Service has instructed the sale of four vacant houses with 1.17 acres and development potential in Faversham (lot 153).

At a guide price of £800-810,000, the same authority is disposing of a former fire station on 1.69 acres at Broadstairs, within the modern Westwood Cross retail and commercial area (Iot 17).

Lot 100

On 1.6 acres, and a short distance from the Hampshire coastline at Gosport, near Portsmouth, a fire-damaged former care facility is guided at £1m-plus (lot 100).

Producing nearly £21,000 pa are 17 garages in South Croydon with a guide price of £200-225,000 (lot 88) and nine vacant garages in West Byfleet, Surrey, at £125-135,000 (lot 157).

Lot 41

With frontage on the River Medway, a parcel of land in Maidstone, Kent, is guided at £40-42,000 and is described as a “rare opportunity” (lot 41).

Currently let at £22,200 pa, a two-storey property with two flats in Stratford, London, is guided at £350,000-plus (lot 7).

Chalked as having “re-development potential”, a former 13,550 sq ft community centre in Devonport, Devon, called Welcome Hall and owned by Plymouth City Council, is guided at £60-80,000 (lot 131).

Chosley Baptist Church, near Wallingford in Oxfordshire, has residential planning consent and is guided at £350,000-plus (lot 19). It is among four churches in the auction.

Executors have instructed the sale of a first-floor flat and garage in Milton Keynes, Buckingham; the guide price is £140,000-plus (lot 160).

For Downton Abbey fans, there’s an opportunity to purchase 1.4 acres of land 3.5 miles from Highclere Castle, where the hit TV series was filmed. The land is adjacent Pembroke House, Earlstone Common, Burghclere, near Newbury in Berkshire, and is guided at £70-75,000 (lot 73).

On the market for the first time in 58 years is just under 4.5 acres of land at a farm in Staplefield, Haywards Heath, West Sussex; guide price £75-80,000 (lot 101).

A residential access road in Colchester, Essex, is guided at £8-10,000 (lot 30).

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