понедельник, 12 марта 2012 г.

Auctions can help spark up a slow property market

Clifton-based estate agents and auctioneers, Hollis Morgan ismaking an impact on the West Country property scene with their firstauction due to take place at All Saints Church, one of Bristol'sfamous iconic churches in Pembroke Road, in Clifton, on WednesdaySeptember 22.

From its new boutique-style office, situated in the heart ofpicturesque village, Andrew Morgan and Oliver Hollis, together witha team of experienced property people, intend to ignite the somewhatdormant world of residential auctions in West Country cities andtowns.

They are already working with famous names such as Hydes ofBristol and Knight Frank, the prestigious international firm, inselling three properties in their next auction and they are seekingto work closely with other well-respected firms to offer theirunique auctioneering services.

"We live in an area where there is an exceptional amount ofproperty suitable for selling by public auction," says auctioneerAndrew Morgan, who added: "Both sellers and buyers are becomingincreasingly attracted to this very positive way of carrying outbusiness.

"An auction also satisfies the seller that he has achieved thebest possible price, while the buyer is seen to be happily payingthe market value, uniquely leading to two satisfied parties.

"After the last few years of uncertainty, the market is nowslowly gaining momentum and an auction will stimulate action andprove to be the catalyst enabling all parties to move on quickly.

2-4 Wellsway, in Bear Flat, Bath, represents a high yieldinginvestment with potential for further development and improvement inincome, he said. It is in a vibrant commercial spot with many peopleliving nearby and, said Andrew, "this property presents a goodopportunity for a discerning investor seeking a secure returndifficult to achieve in present-day money markets". Staff at HollisMorgan will be happy to discuss how an auction opportunity can be ofbenefit.

Contact Andrew or Oliver Hollis 0117 973 6565 or long on towww.hollismorgan.co.uk.

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