Properties go under auctioneer’s hammer

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A TWO-STOREY builder’s store and yard at North End has sold under the auctioneer’s hammer for £70,000.

The freehold site at the back of 342 London Road was among 19 lots being sold by Clive Emson, the regional land and property auctioneers.

A lock-up shop and two-bedroom flat at 311 and 311A Arundel Street, Portsmouth, sold prior for an undisclosed figure. The freehold property had a reserve of £140,000.

Rob Marchant, auctioneer, said: ‘An outstanding offer was made, which the seller felt obliged to accept.’

Clive Emson’s next auction takes place at the Ageas Bowl, at 11am on Wednesday, November 5.

Employing 50 staff and one of the four largest land and property auction companies in the UK, Clive Emson celebrates its 25th anniversary next month.

Auctioneers from the independent are regulars on BBC’s Homes Under the Hammer series, with more than £75m of land and property sold to date this year on the back of an 85 per cent success rate.

Its regional office is based at Victory Park, next to Solent Business Park, Whiteley.