Page 19 - The Negotiator Mag 52pp

LOT NUMBER 10 FOR NUMBER 10 LEAVERS
HITTING THE RIGHT NOTES
A Swansea city centre recording studio has been put up for sale with Paul Fosh Auctions with a guide price of £266,000-plus.
Located in a prime position, the property is approximately 485sqm and includes the two- storey former studio at 184sqm as well as a large yard to the rear.
Debra Bisley, of Paul Fosh Auctions, commented: “Subject to the relevant consents, this property may make an ideal investment for residential housing, AirBnB or student accommodation.
“The property currently has outline planning permission for one pair of semi-detached dwellings. Furthermore, outline planning permission has been
Clive Emson’s July auction saw
a possible mobile property come up for auction, perfect for the mass exodus of Ministers leaving Downing Street. With a guide price of £30,000+, the fully fitted and insulated two-bedroom house near Ashford in Kent, is made from two shipping containers and can be placed anywhere, subject to consents.
James Emson, Managing Director, said: “Indeed, given the mass resignation of government ministers, the highest in 90 years, lot 10 might be of particular interest to politicians because you can conveniently take the whole house with you each time if job security is a constant issue.”
Another unusual lot up for grabs was Fort Gilkicker, a Victorian
fort overlooking The Solent, with planning permission granted for 26 residential units with “outstanding views” and guided at £1.5m+.
James said, “Construction work started in 1863 and took eight years to complete, with
the finished fort providing a semi- circular firing arc from 22 gun
St Pauls Church, Penzance
placements, over the eastern end of Stokes Bay, Gosport. “This was to augment the other forts and defences constructed in the area by order of the then Prime Minister, Lord Palmerston, and known as the Palmerston Forts amid sabre-
Mobile property, Ashford, Kent
Fort Gilkicker, The Solent
rattling threats of a French invasion which never materialised.”
Staying in the 19th Century, former St Pauls Church in Penzance, Cornwall, was built in 1843, and has consent for three dwellings. It was guided at £180,000+.
MILLIONAIRES WANT A PIECE OF THE AUCTION
granted for two residential flats.” Possibly also home to tuneful
tones in the past of a different nature, a historic church with full planning permission
for conversion to a luxury development also went up for auction.
The former All Saints Church in St Thomas dates back to 1845 and contains a memorial with names of some thirty soldiers from the area who were killed in the First World War, plus details of the recipient of a Victoria Cross.
Full planning has been granted for conversion of the church to
a five-bedroom, six-bathroom executive home with further planning for a detached dwelling in the adjoining and extensive grounds.
AUGUST2022 19 28/07/2022
Data released by Iamproperty shows the continued rise in the volume of high-value properties being sold via the Modern Method of Auction (MMoA), and millionaires are amongst the growing list of savvy sellers seeking out auction to maximise their home’s value.
From June 2021 to June 2022, the total capital value raised has more than doubled, increasing by 64 per cent (£108m), with a 20 per cent increase in average sale price during the same period. Alongside the high-rollers, Iamproperty’s auction service, Iamsold, is seeing a more varied range of properties sold through estate agents..
Jamie Cooke, Managing Director at Iamsold, commented, “For more than 10 years, we’ve consistently spread the message that auction
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TN0822_Auction News glfin.indd 2
isn’t just for investors looking for fixer-uppers to flip. Agents, more than 4,000 in our Partner Network, are fully embracing that too. Whilst big sales figures are always exciting the real shift comes in the variety of
properties from right across the UK, being listed and sold via auction.”
The firm has also reached a landmark milestone, selling over £1bn worth of property via MMoA in a 12-month period for the first time.
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AUCTION NEWS