Clients experienced a highly successful property auction at the Shrubbery Hotel, Ilminster, yesterday with up to 16 lots for grabs on the day. The auction and post-auction negotiations achieved an 82% success rate, leaving those not sold in the room with genuine buyers looking to proceed thereafter. Total sales of property in the auction room amounted to over £2,550,000 and attracted a range of purchasers, from overseas buyers to local developers, builders, farmers and investors.
Selling at a GTH auction continues to attract a diverse range of property, vendors and buyers, often with some fierce bidding for genuinely sought after gems from renovation/refurbishment projects to farms and bare agricultural land.
The extraordinary atmosphere created within the auction room can really showcase merits of properties as well as the advantages of this transparent sale process which then exchanges on the fall of the gavel.
Find out about the benefits of selling at one of our property auctions here