Wednesday, December 23, 2020

HOW MUCH PRIME BRIGG SITE MADE AT AUCTION


The amount a prime site in Brigg town centre realised when it went under the hammer has been disclosed by the successful selling agents.
Savills say the former Anglian Water Services Depot at 5a Grammar School Road South achieved a 'hammer price' of £190,000.
When the 0.2 acre site, comprising buildings and car parking, was put on the market it was given a £150,000 guide price.
Surplus to Anglian Water's requirements, it formed Lot 90 in a national auction of 131 properties by Savills on December 20.

The Brigg site was marketed as having "development potential" - subject to planning permission being obtained for other uses.

The L-shaped site includes workshops, stores, offices, kitchens/communal areas, four lock-up garages and a large parking area.
Now vacant, it was described as being "of interest to owner occupiers and developers."

At the recent auction, Savills sold properties worth more than £28 million,  achieving a 74% success rate - it's biggest December auction for five years.