Auctioneers to combine forces following merger

Two of the north’s largest property auction houses, North-West-based Pugh and South Yorkshire-based Mark Jenkinson are combining their online property auction listings from this month following an acquisition by Eddisons.

Related topics:  Auctions,  Business,  Property
Property | Reporter
8th June 2023
handshake 77
"This is an exciting development for our business and reinforces our strength and leading position in the northern property auction market"

Mark Jenkinson, which has been based in Sheffield for over 125 years, was acquired by Eddisons earlier this year, joining Pugh which was bought by Eddisons in 2016. Between them the two firms have sold a wide range of commercial, residential and land assets worth £94m in the last year.

Combining the lots of both auction houses, under the Pugh brand and as part of Eddisons, aims to provide a more extensive list of investment opportunities across the regions.

Pugh managing director Paul Thompson said: “This is an exciting development for our business and reinforces our strength and leading position in the northern property auction market. Combining the two very capable teams ensures we continue to deliver a high-performing service to our selling and buying customers.”

Mark Jenkinson senior partner, Adrian Little, added: “Working with Pugh, as part of Eddisons, gives us a superb geographic reach, unrivalled market insight and a vast network of buyers and sellers.

“The personalised customer service our clients have always enjoyed will be backed by cutting-edge technology and strategic marketing support.”

The first combined online auction, featuring over 75 properties and with new lots being added daily includes a former chapel in Poulton Le Fylde and city centre properties in Sheffield.

More like this
Latest from Financial Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.