Former Harborough auction house goes up for sale




Former Harborough auction house goes up for sale

A former auction house in Market Harborough is up for sale following the company’s relocation to new premises in the town. The property, which is located on Roman Way near the town centre, had previously housed Gildings Auctioneers for 25 years.

Marketed by Harborough based estate agents and chartered surveyors Andrew Granger & Co, the freehold property has onsite parking as well as grounds of a quarter of an acre. Chartered surveyor Andrew Granger of Andrew Granger & Co feels that with its potential for development, interest in the property is likely to be significant.

“We are delighted to be acting as the agents for this property: it’s often difficult to find commercial premises of this size so close to the town centre – and with the added benefit of  ample parking,” he comments. “Unlike some other towns in the UK, Market Harborough has maintained a healthy economy and housing market as well as a vibrant high street so we expect demand for such a well-positioned property to be high.”

Currently vacant, the auction house comprises a reception area, four private offices, a kitchen, auction room as well as a safe room. There is a storage room in the main building, in addition to a separate two storey storage area. Offers in excess of £250,000 are expected.

“With its size and location, this property offers great scope for either commercial refurbishment or residential redevelopment,” adds Andrew.  A planning application for residential redevelopment submitted by Andrew Granger & Co has been approved subject to the completion of the Section 106 agreement relating to the supply of affordable housing.

A family run company established over 30 years ago, Gildings Auctioneers have relocated to the north east outskirts of Harborough. The firm also has a salesroom in Leicester.

Also acting as agents for the Symington Building redevelopment of the council offices in Market Harborough, Andrew Granger & Co is one of the largest independent estate agencies and chartered surveyors in Leicestershire. Employing over 40 people, they have offices in Leicester, Market Harborough and Loughborough. The company also has a lettings and rural department as well as dealing in residential and commercial property sales.

For more information on the former auction house, visit www.andrewgranger.co.uk.

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