A
thawes & Son achieved one of its best results in recent years at its latest sale.
The firm raised £4.1m, selling 15 lots out of a possible 22, giving a 69% success rate.
It was only the fourth time in the past two years that Athawes has raised more than £4m. It holds sales every two to three months and its previous sale, on 26 July, generated a much smaller £441,000.
The highest price at the October auction was for a £665,000 vacant gym with a car park and potential for residential development in Isleworth, Middlesex. It generates £3,600 pa.
A vacant house in Perivale, Middlesex, with permission for a double-storey side extension and potential for conversion into five self-contained flats, sold for £632,000.
A vacant doctor’s surgery in Welwyn Garden City, Hertfordshire – a single storey, 345 sq ft building with a separate toilet – sold for £48,000. The virtual freehold property had previously been rented out at £6,000 pa.
The sale also featured a vacant four-bedroom house in Boulogne-Sur-Mer, northern France, which sold for £31,500.
The auction took place on 13 October at the Grand Connaught Rooms, W1.
