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Sheffield Property News

Former chapel and office sell for more than twice guide price at £4m auction

16th July 2021

A former chapel in Doncaster, an ex-office/retail unit in Sheffield and land in Barnsley all sold for more than twice their guide prices at Mark Jenkinson and son’s latest ‘fiercely competitive’ online auction.

In the fifth online auction of the year for the auctioneers – which saw sales total £3.8m – the former Methodist chapel in Nethergate, Doncaster, sold for more than three times the guide price of £40,000 at £134,000.

The ex-Citizens Advice Bureau on Spital Hill – a substantial double-fronted inner terrace office/retail unit over five levels – was listed at £175,000 but sold for £323,000.

And a freehold site of land, with planning consent already granted for six dwellings in Darfield, Barnsley, also more than doubled its guide price of £100,000, going for £244,000.

Several other lots also sold well above their estimate, including 7 Fitzalan Square, (also known as Jew Lane), a Sheffield City Centre development opportunity with lapsed planning, which had a reserve of £30,000 but went for four times that at £120,000.

Meanwhile the former Old Harrow Pub on Broad Street, Sheffield, with adjoining land and offering potential for development subject to consents, had a guide price of £225,000-£250,000 but resulted in a sale of £301,000.

Adrian Little, Head of the Auction Department at Mark Jenkinson and son, said: “Our online auctions have been so successful for us – we have seen sales of more than £23m this year alone.

“This is evidently because the online events present an approach that brings increased fairness, accessibility, and accountability – our July auction was fiercely competitive.”

The next online auction will be held on Tuesday 7 September 2021. 

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