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Palace Auctions: The Non-Stop World of Property Auctions in London and Beyond

 

The 24/7 Auctioneer’s Diary: From Greenwich to Nottingham

At Palace Auctions, we live and breathe the fast-paced world of property auctions. Our commitment to our clients means we’re available 7 days a week, often working 14-16 hour days. This dedication is exemplified by our recent whirlwind weekend and the exciting week ahead. Join us as we take you through the bustling life of one of London’s premier auction houses.

 

A Weekend of High-Stakes Property Deals

 

Saturday: Greenwich Restaurants and Porchester Gate Luxury

Our Saturday began in Greenwich, where we met with a family of clients to address tenancy issues for two of their restaurant properties. This hands-on approach showcases our expertise in commercial property management and auction services.

 

Property for sale by Auction A busy urban street lined with various buildings, including a red storefront on the left and a large classical-style building on the right. Several vehicles are parked along the street, and a few pedestrians are walking. The sky is partly cloudy. Presented by World of Auctions
Close to stockwell Street. A busy urban street lined with various buildings, including a red storefront on the left and a large classical-style building on the right. Several vehicles are parked along the street, and a few pedestrians are walking. The sky is partly cloudy. Presented by World of Auctions

 

The day’s highlight was securing an instruction from joint agents for a spectacular 3-bedroom long leasehold apartment in Porchester Gate, W2. Priced at £2.7 million – a remarkable 25% below market value – this property epitomizes the exceptional deals available through auction.

 

 

Key Points:
– Resolved tenancy issues for Greenwich restaurants
– Listed a Porchester Gate apartment at 25% below market value
– Demonstrated our versatility in handling both commercial and residential properties

 

Sunday: From Battersea to Grosvenor Square

Sunday saw us at The Churchill Hotel on Portman Square, our “Hotel meeting palace,” engaging with Sunderland-based property sourcing agents. Our focus: securing a true valuation for a former MOT garage in Battersea, showcasing our nationwide reach.

Property for sale by Auction A luxurious hotel lobby with a grand piano in the center. The floor is marble-tiled, and the space is adorned with tall columns and elegant chandeliers. Blue upholstered chairs and a large decorative vase with dry branches are also visible. Presented by World of Auctions
A luxurious hotel lobby “The Churchill hotel – Portman Square London, with a grand piano in the center. The floor is marble-tiled, and the space is adorned with tall columns and elegant chandeliers. Blue upholstered chairs and a large decorative vase with dry branches are also visible. Presented by World of Auctions

 

We concluded the day with a family dinner at 34 Restaurant on Grosvenor Square, combining networking with market research. While waiting for our taxi, we studied local agents’ window displays, keeping our finger on the pulse of Grosvenor Square’s current open market values.

Property for sale by Auction An entrance to a stylish brick building with large windows, adorned with purple "34" signage above the main door. Blue flowers and cacti in planters embellish the entrance. A person in a beige suit and hat stands on the steps leading to the doorway. Presented by World of Auctions

Key Points:
– Negotiated valuations for a Battersea property
– Networked at a prestigious Mayfair restaurant
– Conducted impromptu market research in Grosvenor Square

 

The Week Ahead: A Nationwide Property Tour

 

Monday: London,  Exchanges, and Grantham Valuations

Our week kicks off with a flurry of activity:
– Finalizing exchange dates with London agents
– Conducting valuations for three sites in Grantham

This diverse range of activities underscores our comprehensive approach to property auctions and valuations.

 

Tuesday to Friday: From Spalding to Swansea

Our nationwide tour continues:
– Tuesday: Spalding property assessments
– Wednesday: Swansea market analysis
– Thursday: Nottingham auction preparations
– Friday: Back to our London office for strategy and planning

This itinerary highlights our extensive reach across the UK property market and our commitment to providing localized expertise.

 

Why Choose Palace Auctions and World of Auctions Joint agency?

1. **24/7 Availability**: Our round-the-clock service ensures we’re always there for our clients.
2. **Nationwide Expertise**: From London to Swansea, we offer in-depth local knowledge.
3. **Diverse Property Portfolio**: We handle everything from restaurants to luxury apartments.
4. **Below Market Deals**: Our auctions often feature properties at significant discounts.
5. **Networking Prowess**: We leverage our connections to benefit our clients.

 

Conclusion: Your Partner in Property Auctions

At Palace Auctions, we’re more than just an auction house. We’re your dedicated partner in navigating the complex world of property sales and acquisitions. Our non-stop approach ensures that whether you’re selling a restaurant in Greenwich or buying a garage in Battersea, you’re getting the best possible service and value.

Stay tuned to our blog for more insights into the exciting world of property auctions. Whether you’re a seasoned investor or a first-time buyer, Palace Auctions is here to guide you through every step of your property journey.


Property for sale by Auction Four people are seated at a restaurant table, enjoying a meal and drinks together. They are engaged in conversation and smiling. Several plates with food and glasses of wine are on the table. The atmosphere appears to be friendly and festive. Presented by World of Auctions
Four people are seated at 34 Resturant in Gosvenor square at a  restaurant table, enjoying a meal and drinks together. They are engaged in conversation and smiling. Several plates with food and glasses of wine are on the table. The atmosphere appears to be friendly and festive. Presented by World of Auctions

 

worldofauctions.co.uk/about-world-of-auctions-uk/
Valuations and market apprasials

1. rightmove.co.uk/property-for-sale/London/auction.html
2. property/london-house-prices-property-market