Harman Healy sells £3.8m
Harman Healy has registered ?a success rate of 68% at ?its most recent auction in London, raising £3.8m. Some 44 lots were sold from a 65-lot catalogue at the sale, which took place at Kensington Town Hall, W8. The highest price?was fetched by a leasehold ?three-bedroom maisonette ?at 27 Little Ealing Lane, W5, which sold for £205,000.
?Auction House sales soar?
The number of lots sold by Auction House in the first three quarters of 2013 jumped by 19% compared with the same period last year. Boosted by strong demand in September, the group has sold 1,754 lots out of 2,219 offered so far in 2013 – a success rate of 79%. ?A total of £189.5m was raised from the sales. Founding director Roger Lake said the group’s 33 sales rooms were “continuing to outperform their achievements year on year”. He said private sellers were being attracted to auctions, and that there were more buyers with cash or finance. Lake added that investors ?were keen to make purchases now “the market has turned” and that interest from housebuilders and refurbishment specialists was also notable, as the proportion of commercial properties on sale rose.
?LSH banks on Natwest
?Lambert Smith Hampton is marketing a long leasehold on around 15,000 sq ft of space in Bristol on behalf of Natwest.The property, located above a branch of the bank, is expected to attract interest from developers seeking alternative uses, although it may also be used as office space. It is on Whiteladies Road in the Clifton area of the city, and is available for a 125-year term at a ground rent of £125 annually. The auction will take place at the Millennium Hotel on Grosvenor Square, W1, on 14 October. A guide price of between £150,000 and £160,000 is being sought.
