This Sheffield garage sold for over £23k - almost five times the asking price

A garage in a sought after Sheffield suburb sold for almost five times the asking price at an online auction.

Thursday, 9th September 2021, 12:12 pm

The garage at Brincliffe Court, Nether Edge Road, Nether Edge, had a guide price of £5,000 but sold for £23,500 in the auction held by Mark Jenkinson.

It was described as a single, brick built garage, located in a sought after residential district, measuring 125 sqft, with an up and over door.

Auctioneer and senior partner Adrian Little said: “This was a really strong result, crazy really. If we had got between £10,000 and £15,000 it would have been a good result.”

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The garage in Brincliffe Court, Nether Edge Road, Nether Edge, sold for almost five times the asking price at auction.

The garage attracted 18 bidders and competition was fierce.

Mr Little added: “There is a lack of garages in that area, which has a lot of old Victorian properties where there is no garage.”

The auction was one of the firm’s biggest successes, raising a total of £5.8m lots. This was boosted by the sale of an industrial park in Hull for a company record of £1.6m.

Other notable successes included a shop on Glossop Road in the city centre selling for £97,000 above guide price and an office on North Church Street selling for £47,000 more than the asking price.

Mr Little said: “It was business as usual. We sold 31 of 36 lots offered and it was a really strong performance. The market shows no sign of slowing down.”

The firm’s next auction is on October 19 and will be at Sheffield United’s platinum suite. For details visit https://www.markjenkinson.co.uk/ email [email protected] or call 0114 276 0151.