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The UK’s newest and fastest growing auction business is celebrating a sensational first four months.

Bond Wolfe Auctions, which is based in Birmingham and the Black Country, has held its first two auctions since its launch in January 2019, offering 230 lots with an average success rate of 87% and raising just under £30 million – which makes it the Midlands’ leading auctioneer in 2019.

Chief executive Gurpreet Bassi, who established the business with managing director Ian Tudor and marketing director Suzanne Randell, said that by any measure it had been a remarkable success story.

“Our average success rate of 87%, which is way above the national average, and our results so far makes us already the most successful auctioneer in the Midlands.

“And to top it off, we have been appointed as the auctioneer for Birmingham City Council.”

He said they put down their rapid success to having built an experienced team, many of whom had worked together at CPBigwood, and who are experts in both the residential and commercial auction sectors throughout the Greater Midlands and beyond, having acted on behalf of private, corporate and public sector clients.

Ian Tudor said: “It helps when you are able to assemble a team of 16 specialist auction valuers and administrative staff, together with two leading property auctioneers.

“A record-breaking and award-winning team with over 250 years’ of combined property experience.”

He added that the reputation of the Bond Wolfe Auctions team in the marketplace and Birmingham’s central UK location had undoubtedly contributed to the new firm’s success.

“We have offered properties across the East and West Midlands and as far and wide as London, Wales, the South West and North East, proving that we are already established as a national auction business.”

Gurpreet Bassi said: “Despite all the political uncertainty in the country, and confusion over Brexit and European elections permeating the news on a daily basis, there is clearly still an appetite for investing in residential and commercial property in the UK and our auctions are concrete proof of the strong demand that exists.”

Bond Wolfe Auctions’ next sale is at its regular venue, The Holte Suite at Aston Villa FC, just off the M6 with its links into the national motorway network.

It will kick off at 10.30am on Wednesday 3 July, if you are considering selling property by auction or would like more information about property auctions Birmingham, click here or contact the team on 0121 312 1212 or by emailing [email protected]

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