Report a Fault The latest Allsop action produced the lowest success rate for some time, with only 66% being sold in the room.
Apparently the room was quieter than usual with buyers being more selective and prices coming under ‘renewed pressure’, all of which Allsop have attributed to less finance being available to purchasers.
As usual, Banks and well let London Pubs were very popular, with the former averaging 5.54% compared to 5.06% in May, although the average lot size was £786,400 compared to £370,375.
Interestingly, Cushman & Wakefield and Acuitus only achieved 55% and 53% in their July Auctions.
