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Entries invited for NEW Lincoln special investor auction

Article by Giles Inman on Aug 10, 2015 View in browser

Entries invited for NEW Lincoln special investor auction

Graham Penny Auctions dominates the region’s property auction market in terms of lots offered, lots sold and revenue raised. In the first half of 2015 Graham Penny Auctions sold more lots in the East Midlands than any of its competitors and secured total sales across the Midlands of more than £32m.

 

Graham Penny Auctions, the most successful property auction house in the Midlands, is inviting entries for its first Lincoln auction at the Bentley Hotel.

The auction, on Tuesday 6th October at the Bentley Hotel in Lincoln, will be a special investor auction held in conjunction with the East Midlands Property Owners (EMPO) at its new Lincolnshire Landlord & Letting Agent Expo.

Auctioneer Graham Penny commented: “Entries are open for our Lincoln auction and we’d encourage anyone thinking of selling to get in touch with us now. Auctions can be a great place to sell all kinds of properties including those in a state of disrepair, properties which have been inherited and need a quick sale or even properties that have been on the private treaty market for a while and are struggling to sell.

“Quite often people perceive an auction sale as being the last resort but it shouldn’t be, it ought to be the first method of sale. On the fall of the hammer the buyer has certainly bought the property; there is no opportunity for them to renegotiate or change their mind and it offers the security and comfort that the matter will be dealt with swiftly and securely.”

Graham Penny Auctions dominates the region’s property auction market in terms of lots offered, lots sold and revenue raised. In the first half of 2015 Graham Penny Auctions sold more lots in the East Midlands than any of its competitors and secured total sales across the Midlands of more than £32m.

Graham added: “Selling at auction widens the potential market; not only will there be buyers who want to make it their home, there will also be investors, developers and property dealers interested in buying. All our properties are extensively marketed and advertised online, via social media, in the local press and to our database of thousands of active buyers across the UK.”

To request a free no obligation property appraisal for the Tuesday 6th October Lincoln auction call Graham Penny Auctions on 0115 958 8702 or visit the website at www.grahampenny.com.