BidX1 unveils its largest catalogue to date

Digital property auctions platform BidX1 has revealed its largest catalogue to date ahead of its July sale. The online auction, due to take place on 24 July, will comprise 103 lots, with guide prices totalling more than £26m. BidX1 said its catalogue includes £15.5m of commercial property, £9.8m of residential stock and £1.1m of mixed-use assets. One of the most unusual lots to be going under the virtual hammer at the digital auction will be the 25-acre Cannock Cricket and Hockey Club (pictured) in Cannock, Staffordshire. The 139-year-old cricket club is being sold with a guide price in excess of £295,000. The grounds include two cricket pitches, three floodlit artificial hockey pitches, a crown green bowling green, two tennis courts and a pavilion with capacity for 270 people, as well as changing rooms, gym, three squash courts, a restaurant and a banqueting suite. The lot with the highest guide price is the Cornwall Place Shopping Centre in Buckingham, which currently receives an annual rent of more than £268,000 and is listed with a guide price of £2.65m. The highest-priced residential property due to go under the hammer is a three-bedroom penthouse apartment in New Caledonian Wharf, Surrey Quays, SE16, which has a guide price of £1m. Founded in the wake of the property crash in Ireland, BidX1 now operates in the UK, South Africa and Cyprus. The company boasts a database of more than 100,000 registered users and says that last year it received over 1.6m web visits from people in 185 countries. Oliver Childs, head of commercial auctions at BidX1, said: “The latest BidX1 catalogue is our largest to date, both in terms of quantity of lots and capital value. “Vendors are tapping into the added benefits that our digital platform provides, from greater transparency and dedicated bidders to the insight of data analysis in order to best market and transact their properties.”