SUTTON Kersh Auctions is reporting a “strong” first half of the year, with sale receipts for the period totalling more than £12m.
The Liverpool firm has offered 22.1% more lots when compared to the same period last year, and has sold 25.84% more, leading to a 4% rise in its total revenue.
So far this year, Sutton Kersh has offered 284 properties across its four auctions held in Liverpool city centre.
Of these properties offered, 208 have sold, giving them a selling average of 74.25% – above the national average.
Its total revenue is £12.195m, with three auctions remaining this year.
Kersh will hold its next sale on Thursday, September, 8, at the Marriott Hotel, in Queen Square.
There are 70 properties up for grabs at the event, which will start at noon.
Guide prices start at just £2,500, for a vacant commercial unit in Horsfall Street, near Brunswick railway station. The single-storey, brick-built, detached building is located in the alleyway behind 2 Horsfall Street.
It was previously used for storage and is believed to have mains services; however, potential purchasers can make their own enquiries.
Sutton Kersh director, James Kersh, said: “We are very pleased with how this year has progressed so far.
“While we are still some distance away from a full recovery, the market is moving in the right direction.
“Price and yield are key to securing a sale in the present market.
“Low-priced properties generating a minimum of a 10% yield are being snapped up.”





