commercial property lambert smith hampton

News - 29/07/2013

Summer auction: market-leading auction with 87% of catalogue sold

At our final auction before the summer break we sold 87% of our catalogue, with more deals completing post sale. This success rate is some 15% above the national average.

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At our final auction before the summer break we sold 87% of our catalogue, with more deals completing post sale. This success rate is some 15% above the national average.

Top sale success rate
Commenting, Oliver Childs, Head of Auctions said: “The Estates Gazette recently reported that LSH auctions were the second most successful commercial auction house in terms of sales success rate (Jan 2013 to June 2013). Our latest July result should put us on the top spot.”

Mixture of public and private sector clients
Recent clients have included Lloyds Banking Group, HSBC, West Bromwich Building Society, Royal Bank of Scotland, Scarborough Group, Homes & Communities Agency, Newcastle City Council, Herefordshire County Council and North Somerset Council amongst others.

Next auction: 14 October
After the summer break we have two sales planned. The first auction will take place on 14 October in London and a week later on 21 October we plan to hold a regional sale in Cardiff.