Million pound lots help property company set new sales record

Two lots selling for a million pounds were the highlights of Bond Wolfe’s live streamed December auction which saw the firm set a new annual record.

The Grade II listed self-contained offices at 54 Newhall Street in Birmingham’s Central Business District sold prior to the auction for £1m.

But this result was outdone by the prior sale of commercial investment Chapel Court on the corner of Market Street and Queen Street in Wolverhampton, which raised £1.65m.

These were two of the results that saw Bond Wolfe sell 180 of the 191 lots offered, raising £29.2m for a success rate of 95%.

Bond Wolfe chief executive Gurpreet Bassi said: “The total means that Bond Wolfe has set a new sales record in 2021 of over £175 million, and the momentum is set to carry into 2022 with lots already being booked into the first auction of the year on Wednesday 9 February.

“I am really proud of the achievements of all of our team and the dedication and hard work that has produced this outstanding result for 2021.”