Allsop’s largest residential catalogue for almost a year will be offered as a remote-bidding event due to the escalating Covid-19 situation.
The sale on 31 March will take place as a live video stream on the firm’s website, with all bidders required to bid remotely.
The March catalogue will offer a total of 288 lots, including 18 lots with guide prices of £1m or more and 18 ground rents. Richard Adamson, auctioneer and partner at Allsop, said this was the firm’s largest residential catalogue since May 2019.
He added: “Events surrounding Covid-19 have changed quickly over the past week or so and it is very hard to predict how this will evolve or escalate over the next two weeks. With the welfare of our staff, clients and buyers in mind, we have decided to implement our contingency plan so we can prepare accordingly.
“This means our 31 March auction will be streamed live on our website by video stream and all bidders will be required to bid remotely – by phone, online or by proxy, as many already do. We have already increased our resources to facilitate this function.”
Highlights from the catalogue include:
- Lot 17, Cedar House, Mill Road, Cobham, Surrey – a vacant detached Grade II listed former hotel with planning consent from hotel to residential use. Guide £2m-plus
- Lot 35, Parade Mansions, Vivian Avenue, Hendon, NW4 – seven leasehold self-contained flats with each property subject to a assured shorthold tenancy. Guide £1.5m-plus
- Lot 43, Indigo House, Mulberry Business Park, Wokingham, Berkshire – a freehold former office building with planning for conversion to 54 self-contained flats. Guide £4m-plus
- Lot 51, 5 The Green, Wimbledon, SW19 (pictured) – a freehold detached five-bedroom house with gym, cinema and views overlooking Wimbledon Common. Guide £5.15m
Prospective buyers will need to register to bid remotely by Thursday 26 March.
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