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STEPHEN SWAINSON

STEPHEN SWAINSON. Director of Pughs Auctions. Pugh & Company Profile. Pugh & Company are one of the country's leading Commercial and Residential property auction houses.

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STEPHEN SWAINSON

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  1. STEPHEN SWAINSON Director of Pughs Auctions

  2. Pugh & Company Profile Pugh & Company are one of the country's leading Commercial and Residential property auction houses. Established in 1991, our success is built around a firm commitment and ability to deliver a high quality service to an extensive range of corporate and private sector clients. We act on behalf of over 35 Local Authorities and other corporate clients include NHS, Telereal Trillium, United Utilities, Defense Estates, British Waterways, andnumerous Banks and Insolvency Practitioners. Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  3. Local Authority Surplus Assets Auction can release the burden of owning surplus and empty property, quickly, effectively, cheaply Continued Security, Repair and Maintenance costs versus Realisation of Capital Receipt Rising Property Insurance premiums 2010 Rating List liabilities Proactive and Consolidated approach to Disposal Strategy required to counter these current issues Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  4. What can Pugh & Companyoffer Comprehensive experience of property markets Professional advice on issues such as property appraisal/valuation Procurement of appropriate marketing strategies An extensive database of clients and contacts ensuring high profile exposure both regionally and nationally Detailed awareness of Local Authority procedures specific to property disposal Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  5. How can Auctions improve my disposal operations Transparency Property Sales Particulars and Sales Prices are published Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  6. How can Auctions improve my disposal operations Transparency Accountability Auctions ensure that the true market price is achieved Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  7. How can Auctions improve my disposal operations Transparency Accountability Maximise property values Through exposure to the national markets intensive competition is generated ensuring sales figures are maximised Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  8. How can Auctions improve my disposal operations Transparency Accountability Maximise property values Efficient Administrative Process Pugh & Company manage the sales process from instruction to completion Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  9. How can Auctions improve my disposal operations Transparency Accountability Maximise property values Efficient Administrative Process Certainty for Vendor & Purchaser Contracts are exchanged on the day of the auction Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  10. Auction Venues Our Auctions are held at Manchester United Football, Club, Aintree Racecourse, Leeds United Football Club and Metro Centre Newcastle providing excellent coverage regionally and nationally. We hold 28 Auctions per year and last year offered in excess of 1300 lots Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  11. Auction Venue The Auction Venue is a critical factor in the success of any Auction Each venue provides the following key advantages:- • Centrally located regionally and nationally • Within close proximity to the national motorway and rail networks • High quality venues with free Parking Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  12. Pugh & Company Corporate Clients We currently receive property disposal instructions from a broad range of public and private property portfolio holders as well as operating on a joint agency basis with property agents Who have we worked with? Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  13. Local Authority Clients Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  14. Pugh & Company Corporate Clients Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  15. Examples of Local Authority Instructions St Albans House, Drake Street, Rochdale Vacant three storey office building with car parking Sold September 2012 £288,500 Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  16. Examples of Local Authority Instructions Former Children's Home 1-5 Carr Street, Preston Nine bedroom detached former children's home with development potential Sold May 2012 £221,000 Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  17. Examples of Local Authority Instructions Land at Platt Lane, Oldham Parcel of land subject to approximately 0.27 Hectares (0.66 Acres) Sold February 2012 £12,000 Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  18. Examples of Local Authority Instructions The Gate House, Hayfield Road, Chinley Vacant three bed detached house in need of renovation Sold July 2012 £125,000 Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  19. Examples of Local Authority Instructions 2-2A Chapel Lane, Bingley Centrally located retail unit with former hairdressing salon above Sold July 2012 £121,000 Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  20. Examples of Local Authority Instructions Port Road Workshops, Carlisle Workshop/trade counter investment currently Producing £33,450 pa Sold July 2012 £275,000 Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  21. Examples of Local Authority Instructions The Rookery, Brogden Street, Ulverston Town centre former council offices with development potential Sold February 2012 £180,000 Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  22. Examples of Local Authority Instructions Residual Land, Burgh Road Industrial Estate, Carlisle Three plots of residual land approximately 0.74 Hectares (1.83 Acres) Sold February 2012 £500

  23. Local Authority Instructions We have offered in excess of 1,000 properties on behalf of Local Authorities in the last 7 years Total Sales Revenue in excess of £100 million Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  24. It is our view that a successful auction is based upon trust, honesty, integrity and professionalism Pugh & Company have a proven track record in delivering a highly professional auction operation for a wide range of property clients Over ONE HUNDRED YEARS of managingPUBLIC PROPERTY for thePUBLIC GOOD

  25. Questions / Debate

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