Strong demand for commercial property as Bond Wolfe Auctions sets new UK auction record

Strong demand for commercial property as Bond Wolfe Auctions sets new UK auction record

Commercial property was much in demand as Bond Wolfe Auctions set a new record for the UK’s most successful livestreamed auction, raising over £30.23 million in its latest sale on 31 March. The tone for the day was set when Lot 1, the former Sedgley Police Station in the Black Country sold for an impressive £820,000 from a *guide price of £260,000+. Ian Tudor, managing director of Bond Wolfe...

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Five sales at impressively converted Georgian-style building in Great Malvern that’s up for award

Five sales at impressively converted Georgian-style building in Great Malvern that’s up for award

Keen interest in a high-quality conversion of a Georgian-style building in Great Malvern has already resulted in the sale of five luxury new apartments by estate agency Nicol & Co. The progress comes as The Portland development on Church Street, where City & Suburban Properties are about to complete internal finishing, has been nominated for an award from the Malvern Civic Society. The...

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REI delivers strong underlying performance despite pandemic economic turbulence

REI delivers strong underlying performance despite pandemic economic turbulence

Despite the most challenging year in living memory for business, Real Estate Investors plc (REI) delivered underlying profits of £8.1 million for the year to 31 December 2020 with revenue stable at £16.4 million. Paul Bassi, chief executive of REI, said: “In spite of everything the economy and Brexit could throw at us, we have delivered a solid performance, reflecting the strength of the...

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Bright as a button future for former factory up for sale with Bond Wolfe Auctions

Bright as a button future for former factory up for sale with Bond Wolfe Auctions

A dilapidated former button factory in Birmingham could soon be done up for a fresh future after it appears in Bond Wolfe Auction’s next online sale later this month. Repair and refurbishment could soon bring the eponymous Button Factory, based at the Maypole Works in Maypole Lane, south Birmingham, back into service as industrial premises. Alternatively, the building could be demolished and...

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£3m flying start provides a perfect ‘moving in’ present for BE Worcestershire’s new offices

£3m flying start provides a perfect ‘moving in’ present for BE Worcestershire’s new offices

Berriman Eaton (BE) Worcestershire has capped an impressive first three months of trading by officially moving into its new base in the county. The company, which is run by property experts Debbie Fellows and Julia Simonds, has put the finishing touches to its prestigious offices at Churchill & Blakedown Golf Club near Kidderminster. Over £150,000 has been spent on setting up the new...

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