Allsop raised £32m at its May commercial auction, representing a success rate of 76%.
The highest-value lot to sell on the day of the auction was a shop investment in North Finchley (pictured) with lapsed planning for eight residential units, which sold for £1.77m.
Prior to auction, Allsop facilitated the sale of a mixed-use portfolio in Kingston upon Thames comprising three separate shop and office investments, which sold for a combined price of more than £3.5m.
Allsop said the auction saw sustained investor appetite for well-located and well-let assets with mixed-use lots continuing to attract strong interest – particularly those let at sustainable rents or offering the potential to add value.
Alex Neil, commercial auction partner at Allsop, said: “In today’s challenging market, accurate pricing is more important than ever. When properties are priced in line with market expectations, they generate strong and consistent demand, and our deep market insight and precise marketing advice enable us to deliver the best possible outcomes for our clients. As we look ahead, success in 2025 will continue to depend on realistic pricing and a strong grasp of market dynamics, which is something our experienced team continues to demonstrate.”
