Scarborough building plot up for auction at Beverley

By The Newsroom
Tuesday, 14th November 2017, 3:00 pm
Updated Tuesday, 14th November 2017, 3:04 pm

A Scarborough building plot will go under the hammer next week at an auction at Beverley Racecourse.The plot has a low guide price of £30,000-£40,000 and is up for auction along with 15 other lots including a lock-up garage in Beverly, office space in Driffield, three commercial investment properties in Hull with separate living quarters.The auction run by Auction House takes place on Wednesday 22 November at 6.30pm in The Attractions Restaurant at Beverley Racecourse.Simon Dee MRICS, partner and auctioneer at Auction House, Hull & East Yorkshire, said: “Here in Hull & East Yorkshire we have seen some great successes at our property auctions this year, they have been well attended and attracted competitive bidding. The range of properties on our books is growing ever wider and the categories of buyers and sellers are diversifying too.”As challenging winter weather sets in Simon warns: “All too frequently we see properties that have suffered from the damaging effects of wind, rain, flood, snow and ice - and have lost value as a result. Sadly, it is too late to rely on the private treaty route, which has in many cases now become a four or five month process. What’s more, latest figures suggest that nearly a third of private treaty sales are falling through. By contrast, auction is the quick, easy and certain alternative.”The estate agents and auctioneers are part of a multi-award winning national network of property auctioneers, Auction House, which sees regional agents selling properties on their doorsteps while using the strong brand for national coverage.Auction House has just announced a rise in year-on-year sales for 2017, despite a more challenging selling environment. The group has sold 2,420 lots so far this year, compared to 2,409 at this point in 2016, at a combined total value of over £300m (£300,104,374).Commenting on the figures, Simon added: “In the current climate, even to have matched last year’s number of sales would have been impressive. But to have exceeded it -despite the uncertainties of Brexit, political turmoil and future trading fears - is nothing short of remarkable."

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