Bond Wolfe Auctions ends year with new record
Bond Wolfe Auctions has smashed the record for the most lots ever sold in a Midlands auction.
The December auction held at Aston Villa FC saw 151 lots sold from the 159 offered – a 95% success rate and the highest sale rate for a Midlands auction for 15 years.
There were more than 2,000 in attendance throughout the day, which saw over £15.2m raised.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “This was truly a national auction, held in Birmingham, with lots across the UK selling well.
“A packed auction room with over 2,000 through the doors during the day, saw not only our regular Midland lots selling well, but also properties across the north of England and in Wales drawing buyers from far and wide.
“We also had large numbers of buyers online and on the telephone, which all added up to a highly competitive atmosphere.”
Managing director Ian Tudor said: “Once again we saw strong interest in commercial lots and we hope that more certainty in the property market after the election will lead to many more business properties becoming available at our auctions in 2020.”
Bond Wolfe Auctions has announced six auctions for 2020, with the first of the year at Aston Villa FC on Thursday 27 February starting at 10.30am.
