Sutton Kersh enjoys bumper auction year

Sutton Kersh is celebrating after finishing 2013 as Merseyside’s number one property auctioneer.

It is the 8th consecutive year that the firm has outperformed the competition, selling nearly 30% more lots than its three nearest rivals combined.

At the seven auctions held during 2013 Sutton Kersh sold 604 (84%) of the 718 lots offered, generating proceeds of over £39,300,000. This compares favourably to 2012 in which 521 (89%) of the 584 lots sold, producing proceeds of just under £29,000,000.

Cathy Holt, Auction Manageress at Sutton Kersh said: ‘It was an exceptional year, highlighted by the fact that we attracted 23% more lots than in 2012 and increased the income generated by over £10,000,000.

‘The growth in the number of lots year on year shows that more and more vendors are choosing us as the auction firm they can rely on to dispose of property quickly, whilst achieving favourable prices.’

There was healthy interest in all types of stock, including vacant and tenanted residential, commercial, land and development opportunities. Large attendances at all the auctions along with competitive bidding ensured that many lots exceeded their advertised guide prices.

Mrs Holt said: ‘It was a case of standing room only at the majority of our sales. Not only had investors turned out in large numbers, they came with the intention to buy which shows that property remains the investment vehicle of choice.

‘With the economy showing further signs of recovery we are looking forward to our 2014 auction schedule with real confidence.’

Sutton Kersh has seven auctions planned for 2014 which will take place at the Liverpool City Centre Marriott Hotel on February 12, April 9, June 4, July 17, September 11, October 30 and December 11.

Full details and closing dates for entries are available at www.suttonkersh.co.uk/auctions-property