A bumper year for SW auctions marks the rise in online auctions

Published on: 5th September 2018

It is a common occurrence for businesses to have unwanted or unused plant and equipment. Whether it is as they enter administration, voluntarily close the business or perhaps introduce new methods of operation that result in surplus equipment.

Over the past 12 months our specialist plant and machinery team have completed approximately 40 online auctions via Bidspotter, the web’s number one online auction site which deals with over 10,000 lots every day.

The sales completed by our auctions team last year grossed over £11million with approximately 75% of lots sold and an average of just under 200 registered bidders for each sale (this figure is up 49% on previous year).

Stephen Jepson, associate partner in our machinery and business assets team commented, “Online sales have now firmly established themselves as the most popular auction selling method, as a team we carried out our last traditional live and webcast auction over three years ago, in April 2015. Whilst not ruling out this method in the future it is unlikely that there will be a proliferation of live auctions.

“Online auctions remove the need for proximity to the sale and whilst we still receive a lot of interest in viewing the lots before bidding, we are also noticing an increasing number of overseas buyers, particularly those in mainland Europe that are encouraged by the recent more favourable rate of exchange. Other lots have been purchased by bidders in Canada, USA, Australia & Malaysia.

“Along with a full range of industrial equipment we also held some really interesting sales last year, including ex-military vehicles & tanks, narrow boats and even a factory full of Christmas decorations. With a number of large auctions coming up before the end of the year we’re sure that we’re looking forward to what the next year will bring.”

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Auctions & Disposals

We offer a comprehensive range of services relating to machinery and business assets valuation and disposal requirements. Whether you require a detailed valuation of machinery or a desk appraisal we can advise you. As part of our disposal services we offer assets for sale by online auction, tender or private treaty/ negotiated sale, through local to worldwide traditional and digital marketing to targeted individual sectors and general buyers. We place great emphasis on technical expertise, professional integrity & client care and we’re the first firm in our sector to obtain international quality standard ISO 9001 for our plant and equipment valuation and sale services. We are also ISO 140001, OHSAS 18001 (occupational health and safety accreditation), CHAS and Achilles UVDB approved contractor. Our business services are RICS regulated. Monies realised following sales of assets on your behalf are held in our dedicated client accounts. We operate throughout the United Kingdom from our offices in Leeds, London, Manchester, Newcastle upon Tyne, Birmingham, Teesside and Bristol. We also operate overseas and have associate offices in Ireland. Contact Us

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We offer a comprehensive range of services relating to machinery and business assets valuation and disposal requirements. Whether you require a detailed valuation of machinery or a desk appraisal we can advise you. As part of our disposal services we offer assets for sale by online auction, tender or private treaty/ negotiated sale, through local to worldwide traditional and digital marketing to targeted individual sectors and general buyers.

We place great emphasis on technical expertise, professional integrity & client care and we’re the first firm in our sector to obtain international quality standard ISO 9001 for our plant and equipment valuation and sale services. We are also ISO 140001, OHSAS 18001 (occupational health and safety accreditation), CHAS and Achilles UVDB approved contractor. Our business services are RICS regulated. Monies realised following sales of assets on your behalf are held in our dedicated client accounts.

We operate throughout the United Kingdom from our offices in Leeds, London, Manchester, Newcastle upon Tyne, Birmingham, Teesside and Bristol. We also operate overseas and have associate offices in Ireland.

Contact Us

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) [initialized:protected] => 1 [separator] => . ) ) URL: It's been a busy few weeks for our South West team with a number of deals and new instructions. We've compiled a few of our highlights below!

Packaging production equipment sells for record £6.5million at online auction

Modern flexible packaging production equipment and other assets have been sold, fetching a record £6.5million in total in an online auction. Our machinery and business assets team was instructed by KPMG following the announcement that joint administrators from KPMG had been appointed to Pulse Flexible Packaging Ltd earlier this year.

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Modern flexible packaging production equipment and other assets have been sold, fetching a record £6.5million in total in an online auction.

Our machinery and business assets team was instructed by KPMG following the announcement that joint administrators from KPMG had been appointed to Pulse Flexible Packaging Ltd earlier this year.

[fulltext] =>

The auction was hosted on Bidspotter.co.uk, the online auction site. Latest statistics from the site show that with the exception of auctions of classic cars and property, this particular auction is the highest grossing auction ever seen on the site.

One of the more popular lots, a Bobst F&K 20 Six CI press, achieved a sale price in excess of £1.5million, making it not only the highest value lot in this auction but also the highest value lot to be sold through the site.

The two-day online auction took place on Wednesday 20th and Thursday 21st September with over 1,300 lots up for sale. There was a significant level of interest from potential purchasers throughout the world with more than 550 registered buyers from more than 20 countries including Canada, USA, Thailand, Singapore, India, Pakistan and various countries throughout Europe.

Commenting on the record breaking sale, Jonny Marston, partner at KPMG and joint administrator of Pulse Flexible Packaging, commented: “While we hoped that the auction would receive high levels of interest, we are delighted that Sanderson Weatherall was able to reach such a large number of potential buyers, helping to make the sale a real success and realising significant value for creditors of the administration.”

Mark Weston, partner in our machinery and business assets team commented: “We are very pleased to have managed such a successful sale. It is incredibly rare for such high specification equipment to come to market in the packaging sector and the amount raised at the auction reinforced the high quality of equipment on offer.”

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One of the UK's largest private collections of military vehicles to be sold by online auction

One of the largest private collections of wheeled and tracked military vehicles, along with spares and memorabilia of over 500 lots is due to be sold by online auction, with bidding closing from 10am on Wednesday 6th December. Our machinery and business assets team has been instructed by private collector Melvin Cordwell to offer for sale the extensive collection, due to his retirement and following the sale of the Collop Gate Farm premises.

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One of the largest private collections of wheeled and tracked military vehicles, along with spares and memorabilia of over 500 lots is due to be sold by online auction, with bidding closing from 10am on Wednesday 6th December.

Our machinery and business assets team has been instructed by private collector Melvin Cordwell to offer for sale the extensive collection, due to his retirement and following the sale of the Collop Gate Farm premises.

[fulltext] =>

The stand out lots include Centurion, Chieftain & Abbot Tanks, Military Vehicles and a vast array of spares & memorabilia with a substantial collective value.

Stephen Jepson, associate partner in our Manchester office commented, “We’re used to advising clients on a variety of auctions, sales and negotiations and this is another very exciting instruction for the firm, but more importantly a unique opportunity for anyone interested in these fantastic lots. We have received an excellent response from the initial advertising with over 200 requests for catalogues to date from potential purchasers all over the globe.”

Melvin, formerly a gunner and instructor on Centurion tanks circa 1961-1968 has been acquiring military collectables since the early 70’s and has been lucky enough to live his “boyhood dream”.

The lots will be available to view between 10am-4pm on Saturday 2nd, Sunday 3rd (11am-4pm) and Tuesday 5th December at Collop Gate Farm, Lancashire UK or by appointment. Anyone interested should contact Stephen on 0161 259 7056 or email stephen.jepson@sw.co.uk.

View the Auction

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Making noise with the auction of over 500 high-quality musical instruments

We’re used to advising our clients on the sale and valuation of a wide variety of assets but this month we are doing something totally different – advising on the sale of a large range of musical instruments. The instruments are available following Omega Music entering administration. Previously Omega Music had sold a number of items online, utilising sites such as Amazon and supplied a number of schools across the UK and overseas with instruments.

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stdClass Object ( [state] => 1 [modified] => 2018-05-21 14:33:31 [id] => 1513 [asset_id] => 1877 [title] => Making noise with the auction of over 500 high-quality musical instruments [alias] => making-noise-with-the-auction-of-over-500-high-quality-musical-instruments [introtext] =>

We’re used to advising our clients on the sale and valuation of a wide variety of assets but this month we are doing something totally different – advising on the sale of a large range of musical instruments.

The instruments are available following Omega Music entering administration. Previously Omega Music had sold a number of items online, utilising sites such as Amazon and supplied a number of schools across the UK and overseas with instruments.

[fulltext] =>

The online auction of the instruments will conclude from 11am on Thursday 31st May and viewing is open until 4pm the day before at the site in Brampton, Cumbria.

Robert Wilkinson, partner in our auctions team commented, “This is the first time we’ve worked on a sale of instruments that offers bidders with such variety. The lots really do come in all shapes and sizes and include grand pianos, cellos and guitars as well ukuleles, violins and harmonicas, to name just a few.

“The first time that we went to view the instruments we were really impressed with the quality of the individual lots and expect to receive significant interest from those in the music industry bidding on multiple lots as well as bids from those looking for a great value instrument for personal use.”

A second sale will follow this first auction that will include a number of brass & woodwind instruments, drums and percussion, amplifiers and studio equipment.

For further information on either of the sales please contact Robert on 0113 221 6210 or click here to view the auction and lots available.

Contact Us

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Assets of Poundworld head office up for auction

Following Poundworld Retail Ltd entering administration on the 11 June 2018 Sanderson Weatherall have been instructed by the administrators Daniel Francis Butters & Clare Boardman to stage an Online Auction of the assets located at their head office site in Normanton, West Yorkshire.

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stdClass Object ( [state] => 1 [modified] => 2018-08-16 13:51:39 [id] => 1576 [asset_id] => 1944 [title] => Assets of Poundworld head office up for auction [alias] => assets-of-poundworld-head-office-up-for-auction [introtext] =>

Following Poundworld Retail Ltd entering administration on the 11 June 2018 Sanderson Weatherall have been instructed by the administrators Daniel Francis Butters & Clare Boardman to stage an Online Auction of the assets located at their head office site in Normanton, West Yorkshire.

[fulltext] =>

Our specialist machinery and business assets team have managed the process and the major sale will feature in excess of 1,500 lots, including modern distribution warehouse equipment, office furniture, IT equipment and point of sale stock.

Andrew Cromack, Surveyor & RICS Registered Valuer in our Leeds machinery and business assets team commented, “With over 1,200 lots we feel that this sale will provide individuals and organisations with a rare opportunity to acquire first class, office, warehouse, retail and IT equipment. We’ve dealt with several similar auctions recently but have been impressed at the quality and variety of lots on offer at this particular sale and expect to receive significant interest.”

Of particular interest is the Cummins 12 cylinder diesel standby generator, Tammer Matic drive-through vehicle wash, 12 Siat automated pallet wrappers, ride on floor sweepers and high quality IT and office furniture.

The auction takes place next week with bidding closing from 10am on Wednesday 22nd August.

Click here to view the auction online, for further information, interested parties should contact Andrew on 0113 221 6074.

Contact Us

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Assets of North Eastern Plant to go to auction in major two day sale

We have been appointed to hold a major online auction of contractors and civil & mechanical engineering, plant & equipment due to the restructuring of North Eastern Plant. The major two day sale will feature in excess of 1500 lots and include agricultural equipment, contractors & earthmovers plant, residual fencing & building stocks, fabrication machinery and general tools & equipment.

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stdClass Object ( [state] => 1 [modified] => 2018-03-12 14:53:14 [id] => 1443 [asset_id] => 1796 [title] => Assets of North Eastern Plant to go to auction in major two day sale [alias] => assets-of-north-eastern-plant-to-go-to-auction-in-major-two-day-sale [introtext] =>

We have been appointed to hold a major online auction of contractors and civil & mechanical engineering, plant & equipment due to the restructuring of North Eastern Plant.

The major two day sale will feature in excess of 1500 lots and include agricultural equipment, contractors & earthmovers plant, residual fencing & building stocks, fabrication machinery and general tools & equipment.

[fulltext] =>

Mark Weston, partner in our machinery and business assets team commented on the sale, “In recent years we’ve dealt with a number of similar auctions but it’s rare we get to offer such high quality assets for sale and we expect to receive significant interest. The auction provides a fantastic opportunity for individuals and organisations within the industrial sector to get access to high quality equipment and we’d ask any potential buyers to get in touch to avoid disappointment.”

North Eastern Plant company director Jim turner states "The current directors and staff remain unchanged and the business continues to move forward providing water supply and control solutions. The Blaxton workshop where the plant & equipment has been stored and maintained is now being redeveloped for residential housing. The remaining business is being relocated to existing family premises in Sidings Court Doncaster where the business will continue to serve customers old and new."

The two day sale takes place on Tuesday 27th March and Wednesday 28th March with viewing available on Monday 26th March at the site in Doncaster.

Please click here for further information, interested parties should contact Mark on 0113 221 6210 or auctions@sw.co.uk

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=> 1 [layout_type] => blog [menu_text] => 1 [page_title] => Latest News and Insight on the UK Commercial Property Market | Sanderson Weatherall [page_heading] => Latest News [menu-meta_description] => News, industry insight and features on the UK Commercial Property Market from Award Winning Property Consultancy Sanderson Weatherall [secure] => 0 [page_description] => [page_rights] => [robots] => [access-view] => 1 ) [initialized:protected] => 1 [separator] => . ) ) URL: /news/8-latest-news/1443-assets-of-north-eastern-plant-to-go-to-auction-in-major-two-day-sale?layout=default&breadcrumb=noimage

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