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Healey & Baker Announces Biggest Ever Auction

LONDON-For its 25 February sale, property auctioneers at Healey & Baker have pulled in a record volume of lots. It expects strong interest from private buyers.

By Charlie Jacoby | Updated on February 07, 2002

LONDON-After the £202 million ($285 million) success of its auctions in 2001, Healey & Baker–the European arm of Cushman & Wakefield–is anticipating similarly high interest in its first auction of 2002, to be held at the Café Royal, London on 25 February.

With guide prices totalling £46 million ($65 million) the auction is potentially the highest in value that the firm has ever handled. Altogether, 86 freehold, feuhold and leasehold investments from across the country will be on offer–including 40 banks–with the other lots a mix of retail, office, industrial and leisure properties.

The 40 bank investments feature strong representation from the North and Scotland with Yorkshire Bank and Clydesdale Bank branches in particular, but there are also Lloyds TSB, Barclays, Woolwich and Bristol & West branches available.

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