Auction house set to break another record
Bond Wolfe Auctions will this month set a record for the largest-ever remote bidding and livestreamed auction to be held in the UK.
A total of 214 lots are in the newly-published catalogue for the auction that will be held on Wednesday 16 September.
Properties on offer range from a former neighbourhood police base in the Bilston to a library in Walsall, and to a Grade II-listed cottage in Herefordshire.
Other lots include various other properties being sold on behalf of Birmingham City Council, Walsall Council, the Ministry of Justice and the Law of Property Act receivers.
And there will be scores of residential dwellings and commercial properties covering a wide geography across the whole of the West and East Midlands, and stretching as far away as London, Manchester, Bath, Cardiff, Durham and The Isle of Wight.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “We really will be setting new levels of achievement in the UK auctions sector with our sale on 16 September, as never before have so many different lots been available for a remote bidding sale.
“While many of the properties are based in the Midlands, we’ve attracted scores of other sellers from all corners of the country and the sheer choice will make this a must-auction for thousands of serious bidders.”
Bond Wolfe Auctions’ switch to online sales events in the wake of the coronavirus pandemic has already proved highly successful, with its July auction achieving a 95% success rate that saw 161 out of 170 lots sold, raising over £16.3 million.
Bassi said: “We had a very busy three-week marketing period resulting in over 2,500 people registering to bid by internet, telephone and proxy.”
Over 33,044 watched the auction live which started at 9am and continued for ten hours. In the wake of that success, the September event is fielding an even larger field of 214 auction lots.
Bassi added: “This will set a new record for the largest remote bidding and livestreamed auction in the UK, and strong levels of interest are already coming in for many lots on offer. We are expecting unprecedented participation on the day.
“Put simply, our latest auction has surpassed all expectations, and I want to pay tribute to everyone in the team at Bond Wolfe Auctions who have pulled together to make this happen.”
