Acuitus has launched its latest catalogue for its final live-streamed commercial property auction of 2020 which will take place on December 10th.
Lots for the December auction include a substantial freehold shopping centre in Otley comprising 16 shops, three kiosks, an office and a bus station. The investment currently produces annual rental income of £286,085. It has been offered with a guide price of £1.4m.
Other lots in the sale include:
Acuitus Chairman, Richard Auterac, commented: “After the initial shockwave of the first Lockdown – the auction sector has continued to function and has become an essential route to market for committed sellers of property assets. We’ve been pleased to play a role in this process and – in addition to our multi-lot auctions – have introduced special bespoke online sales for specific assets”.
The next Acuitus Bespoke Online Sale on December 15th comprises three Grade I Listed oﬃce/residential buildings in Bath City Centre. The properties totalling 16,877 sq ft produce a current annual income of £226,773 with two vacant flats and two vacant office suites, and offer alternative use conversion potential, subject to consents. It is offered with a guide price of £4m+.
Richard Auterac, commented: “These bespoke sales are set to become an important part of our service to sellers and we are delighted to be offering assets of this quality”.
The December 10th multi-asset auction will take place at 2pm and will be broadcast via livestream on the Acuitus website with bidding by telephone, online and proxy.