Eddisons launches auction centre

PROPERTY consultant Eddisons has launched a national auction centre in Bradford as the headquarters of its machinery and business assets team.

The 15,000 sq ft building on Ounsworth Street is currently filled with several thousand items, from classic cars to fabrication equipment, that are awaiting disposal via auction.

Twenty vans, cars and trucks are all due to go under the hammer in an online auction ending on Wednesday this week, while a parallel online sale will dispose of more than 600 lots of engineering and pipework machinery as well as forklift trucks and a large number of hand tools.

Viewings for both auctions will be held today.

Jason Pinder, Eddisons machinery and business assets director who heads up the auction centre team, said: “We have really stepped up the asset disposal side of the business and the new UK auction centre enables us to provide an even more responsive service to our clients.”

With a team of five machinery and business assets staff currently on board, Eddisons expects to make further hires later in the year to meet the growing demand for the sale of assets by auction.

“We are making big strides in gaining new business from private organisations that have assets they want to sell, alongside the work we do holding auctions as part of the insolvency process,” said Mr Pinder.

“Auctioning assets is increasingly becoming the go-to method of disposing of outdated or surplus machinery that is taking up space, reducing efficiency and tying up funds, providing swift and profitable returns.”

“The new auction centre gives us ample room to store and display items that are due to go under the hammer and as Bradford is well connected to the motorway network, we are able to dispose of assets for clients from right across the country,” he added.