Tuesday, 19 July 2011

Buying a Pub at Auction

Buying a pub at auction used to be only for property developers & wealthy individuals, however times have changed and so have auctions. Anyone can now buy a pub at auction, but beware it doesn't always mean you'll be getting a bargain!

Property auctions usually set guide prices low to encourage bids however most pubs will have a reserve price which isn't revealed unless not reached.

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