Car service centre sold at auction

A FORMER car dealership and service centre in Fareham has gone under the auctioneer's hammer for £417,000 in a bidding war.

By The Newsroom
Friday, 11th November 2016, 9:55 am
Updated Wednesday, 16th November 2016, 4:24 pm

Maylings Service Station in Maylings Farm Road was among 160 lots being sold by regional land and property auctioneers Clive Emson across southern England.

Donald Wright, senior auction valuer, said: ‘Bidders were revved up and the final offer was £67,000 more than the lower end of the guide price.

‘The interest reflected the fact that this was a rare opportunity to purchase a former car dealership which has been in continuous ownership within the same family since 1981.’

Elsewhere, 12 lock-up garages in Gazelle Close, Rowner, Gosport, fetched £82,000, more than twice the guide price. Four lock-up garages in Southsea, all freehold, also sold.