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Osborne King - Commercial Property Consultants

Commercial Property Consultants

Auction

Properties Going Under The Hammer

Friday, November 28, 2014

11am at The Olympic Suite, Holiday Inn, Ormeau Avenue, Belfast

A SALE OF COMMERCIAL, RESIDENTIAL PROPERTIES, INVESTMENTS, LAND AND DEVELOPMENT OPPORTUNITIES (UNLESS PREVIOUSLY SOLD OR WITHDRAWN)

Closingdatefor entries10 Oct '14
Osborne King is the largest Northern-Irish based, independent, established firm of commercial property consultants. Osborne King's second auction of 2014 resulted in a total sales receipt of just over £6 million raised from the sale of 66 lots out of 70 offered, equating to a 94% success rate.

Mark Carron who heads up Osborne King’s auction team commented: “Our policy of pricing properties properly and as competitively as possible is attracting purchasers along with the price certainty by publishing a maximum reserve figure. In this current market, prices are at a five-year low, which is great for cash-rich buyers and those investors who have finance in place especially since there are extremely attractive opportunities for capable purchasers. We envisage our final auction of 2014 will continue this encouraging momentum as we are already appraising properties.

With ten auctions in just over three years and an overall success rate of 92% raising approximately £25 million we have demonstrated that our auctions are meeting clients' requirements even in the most challenging market in living memory”. Our next auction will take place on Friday 28th November 2014 at 11.00 am in the Holiday Inn, Ormeau Avenue, Belfast (closing date for entries Friday 10th October 2014) .

ON THE AUCTION DAY PURCHASERS MUST PROVIDE THE FOLLOWING:

- Proof of Identity: Driving licence with photograph or valid passport
- Proof of Address: Valid driving licence or current utility bill or current bank / building society statement

- 10% deposit as per Terms & Conditions, subject to a minimum deposit of £5,000

Photocopies will be taken of these documents and will be retained to comply with Money Laundering Regulations.
 

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