Property auctioneer reports booming year

James Emson of Clive Emson Auctioneers

Clive Emson Auctioneers is reporting a record-breaking 2017.

Britain’s largest independent regional land and property auctioneer catalogued 1,168 lots and achieved sales of £160 million at a success rate of 80 per cent.

Managing Director James Emson said: “It has been a tremendous year for the business – certainly our biggest in nearly 30 years of trading.

“To achieve record sales figures during a time of such uncertainty in the property industry shows just how highly auctions continue to be regarded.

“It is also testament to the skill, dedication and hard work of our team of property specialists who provide a second-to-none service.

“The auction sector’s growth shows no sign of slowing as both vendors and purchasers continue to see excellent value in the transparency of the system and have embraced our traditional and our new online auctions.

“We look forward to 2018 with renewed optimism, determined to maintain our position in the top five of national auction houses.”

Mr Emson reported growth area trends this year as commercial properties as investments, ground rents, garages and land with potential – as the government seeks more house building across the country.

The company also paid a record £750,000 to joint auctioneers during 2017 – the money going straight back into the industry through the link with estate agents needing auction facilities.

Clive Emson catalogued a bumper 164 lots for the December sale, with sales of £23 million at a success rate of 80 per cent.

Auction highlights from the independent firm, which works with 850 high street estate agents across southern England, include:

  •  Fifty-three private lock-up garages in residential areas in Aldershot and Farnborough sold as investment properties for a total of £582,000 in bidding wars in six separate lots, with each far exceeding guide price.
  • lThirty-six garages across Eastbourne were sold in four separate lots under instructions from Eastbourne Borough Council for a total of £372,000.
  • The 19th century iconic Martello Tower, situated in a car park in Dymchurch, Kent, sold for £145,000 – twice the guide price. There is residential potential.
  • Two substantial plots of woodland, open space and wetland at Pinxton and Ironville, Nottinghamshire, were sold for £186,000. They are restored quarry and industrial land and covered by tracks and paths.
  • A bidding war broke out for solicitors’ offices in Plymouth before the hammer came down at £200,000 – beating the lower end of its freehold guide by £55,000.

Clive Emson holds a regional auction at five locations every six weeks. The first sale of 2018 is in February, starting at 11am, at the following venues:

  • Kent & SE London – Tuesday, February 6 at the Clive Emson Conference Centre, Detling, Maidstone, Kent.
  • Hampshire & Isle of Wight – Friday, February 9, at the Ageas Bowl, Southampton.
  • Essex & North and East London – Monday, February 5 at the Chelmsford City Racecourse, Chelmsford.
  • Sussex & Surrey – Wednesday, February 7 at the Hilton Brighton Metropole, Brighton.
  • West Country – Thursday, February 8, at the St Mellion International Resort, Saltash.

 

Ends

CAPTION

RECORD-BREAKING YEAR: James Emson, Managing Director of Clive Emson Auctioneers

 

 

Notes to reporters:

Clive Emson Auctioneers has 50 staff and is a property and land auctioneer to estate agents, commercial property agents, statutory bodies and private clients. It was established by namesake founder and Chairman Clive Emson in 1989, with eight sets of five auctions throughout 2015.

The firm’s reach is across southern England, from Kent to Cornwall and now Essex and North and East London too with a new office in Chelmsford and it is one of the top four auctioneers in the UK by way of value and volume of residential sales.

Lots regularly generate newsworthy stories, from nuclear bunkers and sea forts to churches, clubs, pubs, former public toilets and historic properties, as well as the more usual homes under the hammer and which are often of keen interest to local residents. A number of newspapers utilise the news releases to run as ‘What’s Happening Here?’ columns.

Website: www.cliveemson.co.uk Tel: 0345 8500333.

 

 

News release issued by:
Cliff Moore, Account Director
Deep South Media

Mobile: 07469 158458 Office: 01202 534487
E-mail: cliff.moore@deepsouthmedia.co.uk