BidX1 to sell 15-acre Dewsbury resi development site

BidX1’s next online auction, on 30 October, comprises 42 residential and commercial lots, around a third of which are located in London and the South East. The largest lot on offer is a 15.04-acre site in Dewsbury, West Yorkshire, on the Dewsbury Canal. It has a guide price of £1.7m and has a lapsed planning consent to develop 169 homes. [caption id="attachment_1002451" align="aligncenter" width="847"] Development site at Forge Lane, Dewsbury[/caption] The catalogue also includes a 1.1-acre plot of land in Maidstone, Kent, with a guide price of £1.25m and planning consent for 22 homes. Cannock Cricket Club in Staffordshire, which the online auctioneer sold in its July auction for £1.453m, is also again listed, with a guide price of £600,000, after the previous sale fell through. “Whilst the BidX1 digital platform was successful in closing the bidding process and securing a qualified buyer, unfortunately, due to reasons outside its control, the buyer was unable to complete the sale,” a BidX1 spokesman said. “However, the seller understands the benefits of BidX1 and has relisted the site for the next sale.” Established in Ireland in 2011, BidX1 launched its UK online auctions business in October 2018, after receiving a large cash injection from private equity house Pollen Street Capital.