North Lincolnshire properties sold at auction which raised £4MILLION
By Scunthorpe Telegraph | Posted: 8 Mar 2017
A range of properties in North Lincolnshire have been sold at an auction which had sales of £4million.
The lots on offer included Grade II listed chalk barns, a farm house and a Porters Lodge.
The Mark Jenkinson and Co was held at The Platinum Suite, Sheffield United Football Club, and included several local authorities looking to raise money through the sale of assets.
Adrian Little, Head of the Auction Department at Mark Jenkinson and Son, said: "The Grade II listed Elsham Chalk Barns is a former threshing barn in North Lincolnshire.
"With the potential for conversion and its location on the edge of an industrial estate, it sold for just over its guide price of £100,000 at £102,000 while Newland Farmhouse, a dilapidated former smallholding to the north of Owston Ferry, far exceeded its guide price of £90,000 going for £120,000.
Elsham Chalk Barns, North Lincolnshire, which were sold for £102,000
"Meanwhile, a Porters Lodge in Scunthorpe, with the potential for residential use, was listed at £75,000 but sold for £80,000."
At the auction, Mark Jenkinson represented North Lincolnshire Council, as well as Barnsley Metropolitan Borough Council, Bassetlaw District Council, Derbyshire County Council, Doncaster Metropolitan Borough Council, Rotherham Metropolitan Borough Council, Sheffield City Council and St Leger Homes.
"This was a phenomenally busy auction – one of our busiest ever with a packed hall – thanks to the variety of properties on offer throughout the region, from the usual array of houses for modernisation, to landmark buildings and larger development and investment opportunities," said Mr Little.
"We represented seven regional local authorities looking to cash in on assets and complete sales within the current tax year and, consequently, many of the lots were coming to the market for the first time and therefore proved very popular."