9 Harris Road, Porte Marsh Industrial Estate, Calne, Wiltshire, SN11 9PT
A London commercial investment agency was instructed to market this multi-let industrial investment in Calne, producing an income of £29,600 per annum.
The property was offered with the flexibility afforded by the clicktopurchase® platform. In response to market interest, an online clicktopurchase® real time auction was announced, to be operated by the Artificial Intelligence auctioneer “gAbI”.
Having guided £400,000, competitive online bidding resulted in the property selling for £475,000.
The auction, which commenced at 11:00 on 6th December 2018, ended as the electronic hammer fell at 11:08. The transaction was recorded in the clicktopurchase® Blockchain at 11:11. The entry can be seen here
An example of how the clicktopurchase® Artificial Intelligence Auction, operated live by “gAbI”, provides the ultimate in transparency and trust, with a full electronic audit trail and transaction recorded in the clicktopurchase® Blockchain ledger
54/55 Gainsborough Street & 1 Burkitts Lane, Sudbury
A London agency was instructed to market a prime restaurant investment let to Prezzo for a further 27.5 years.
The property was offered with the flexibility afforded by the clicktopurchase® platform in response to the interest generated, the agent and vendor decided to switch the method of sale to an online real-time live auction, shortly into marketing.
The property was sold following competitive bidding at the clicktopurchase® auction at £1,040,000.
Prior to Bidding:
Bids being made:
UK House, 11-20 Sentinel Square, London, UK
Following a short period of marketing on behalf of Receivers, the selling agent decided to conclude the marketing by a clicktopurchase® real time auction. The live auctioneer opened the auction at the scheduled time and interacted with the bidders resulting in a winning final bid being submitted at £955,000, compared to the Guide Price of £500,000.
82 bids were submitted in real time during the auction.
31-33 Junction Road, Archway, London, UK
A London agency was instructed on behalf on Receivers, to sell this fire-damaged property in Archway. Due to the interest generated, it was decided to conclude the sale by a real time clicktopurchase® auction just three days into marketing. Nine parties participated in the live auction bidding resulting in a binding online sale at £880,000.
All auction bids create digital signatures which provides a transparent and accountable bidding history.