Liverpool property auction house Sutton Kersh generates £8.2m at latest event including £141,000 for a former public toilet block. Tony McDonough reports
A former public toilet block was one of the more unusual lots to sell at the latest Sutton Kersh property auction.
Liverpool-based Sutton Kersh raised £8.2m at its September sale with mostly Merseyside lots. However, a former public toilet block in Devon, close to the River Dart, went under the hammer with a guide price of £25,000 and sold for £141,000.
Cathy Holt, associate director at Sutton Kersh, said: “We can’t wait to see what the buyer will turn this into. I’m also delighted with how our auction went this month, given the uncertainties around the up and coming budget.”
A mixed-use investment property on Kemble Street in Prescot received a significant amount of interest. After an intense bidding war, it sold for £230,000 which was £95,000 over its guide price of £135,000.
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Residential investment properties ready for immediate occupation or in need of modernisation/ redevelopment were popular with the first five lots offered all selling for in and around £20,000 over their guide prices.
Properties across the city region sold well and a noticeable demand was seen for those commutable to the city, hospitals and universities.