Sutton Kersh hits £6.5m for April sale
Merseyside auctioneer Sutton Kersh has sold 103 of the 119 lots offered at its April property auction with 30 lots selling prior to the auction, generating proceeds in excess of £6.5m.
The sale on 9 April at the Marriott Hotel in Liverpool city centre attracted a large attendance, the auctioneer said. The first lot, pictured, a vacant two-storey semi-detached house in York Avenue, Sefton Park sold for £196,000 from a guide price of £140,000.
Lot two, a three-storey property in Beech Street, Liverpool, sold for £121,000 off a guide of £80,000, while a vacant Victorian detached property on Croxteth Grove sold for £219,000.
A vacant industrial building on Kempston Street sold for £62,500, significantly higher than its £25,000 guide price. City Church Preston on North Road in Preston achieved £249,000.
Cathy Holt, auction manager at Sutton Kersh said: "The amount of pre-sale activity suggested it would be a successful auction, and we were not disappointed. Our regular investors were out in force, as were a number of new faces, which is a very positive sign.
"There was an appetite for stock in all categories with many lots attracting multiple bids, driving prices well beyond the advertised guides."
Sutton Kersh is now inviting instructions for its next sale which takes place on 4 June. The catalogue closes on 9 May.
