Legal & General is selling the ground rent on one of its oldest residential holdings, 53-57 Portland Place, W1. It will be offered at Lambert Smith Hampton’s auction on 8 December at the Millennium Hotel, W1. Bought in 1936, the building neighbours the Chinese Embassy. The ground rent is being guided at £25,000.
82% for Auction House London
Auction House London enjoyed an 82% success rate at its 29 October auction. Of the 69 lots offered, 56 sold, including 46 in the room, raising a total of £12.2m. The auction took place at the Everyman cinema in Hampstead, NW3.
RAFA Club House for sale
Bagshaws Residential is offering a freehold former Royal Air Forces Association club house in Kidderminster, Worcestershire, arranged as a bar and office, at its 26 November sale. The building is being sold by a private individual at a guide price of £75,000. The auction will take place at Derbyshire Country Cricket Club in Derby.
Freehold opportunity in Slough
A plot of freehold land in Slough, Berkshire, containing a 2,000 sq ft bungalow with planning permission to expand to 7,000 sq ft will go under the hammer at the Brendons Auctioneers’ auction on 20 November. The one-acre site has a guide price of £1m. The auction will take place at Doubletree By Hilton hotel inEaling, W5.
Fox & Sons raises £4.8m
Fox & Sons raised £4.8m at its 30 October auction at The Botley Park Golf & Country Club in Southampton, Hampshire. Of the 41 lots offered, 34 sold, reflecting an 83% success rate. The total was Fox & Sons’ second-best result of the year, following its £5m total in August.