Savills raised more than £49m at its February auctions – an uptick of 40% on total value raised year to day, compared with 2025.
The two-day auction, which took place on 10 –11 February, saw 186 commercial, residential and mixed-use lots sold, reflecting a 78% success rate.
Commercial lots generated £13.4m with a leasehold industrial estate in Rotherham (pictured), comprising a detached industrial and distribution unit of more than 128,082 sq ft, selling prior to auction for in excess of its £2.5m guide price.
The standout sale in the room on the day was a development opportunity in Dorst. The 14 one-bedroom self-contained flats and two five-bedroom houses attracted strong interest and achieved a hammer price of £1.75m.
Nicholson Boyd, head of Savills commercial auctions, said: “The first of our February auctions delivered strong results, with notable demand for well‑priced flats and houses across London and key regional markets. Mixed‑use properties and assets offering diversification through value‑add potential also continued to perform well, attracting investors drawn to dual income streams and a range of asset management opportunities. We also saw sustained appetite for yield‑producing commercial assets, with buyers prioritising reliable income and long‑term security.
“Looking ahead, we expect demand for our online auctions to remain strong in the coming weeks, as sellers look to transact before the end of the financial year. Our next auction catalogue has already launched, featuring more than 290 lots.”
