Auction Rooms for sale in Salisbury

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John Peacock (Feb 2017)
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Leasehold Price: £79,950 Annual Turnover: £120,912
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Business Description
Destination AUCTION HOUSE & ANTIQUES CENTRE, situated on HAMPSHIRE/WILTSHIRE BORDER, close SALISBURY and within the attractive TEST VALLEY, easily accessible, lying just off the main A303, attracting sellers and buyers from wide catchment area. Substantial site, provides detached reception/office building, spacious main building extending over 2 levels, houses Saleroom, Antiques Centre & Vintage Retail Store, benefits from kitchen and cloakrooms, abundance of car parking, external storage yard complete with storage containers, scope to create reclamation yard. Well known business, established nearly 30 years, undertaking both general and antique auction sales, renowned for militaria, antique and jewellery items. Holding valuable mailing lists of both local and international customers, undertaking online/internet auctions, using the renowned ‘Saleroom’ internet platform. Currently operated at a level to suit vendor, averaging 2 auctions each month, numerous income streams form Lotting Fees, Insurance, Seller & Buyer Commissions plus rental income from rented space, Income £120,912 plus rental income £22,800 (covers rent for whole site), scope to increase. Leasehold £79,950 (Potential Vendor Loan Available) Ref: M33777P

Tenure: Leasehold

Listed by: Everett Masson and Furby
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