Edward Symmons completes successful online auctions of fast food chain assets, woodworking machinery and print finishing plant, realising nearly £200,000

Date of Press Release: 23|5|2011

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Edward Symmons’ Solent team is pleased to announce that it has concluded the successful sale of approximately 60 lots of fast food equipment held on behalf of RSM Tenon, liquidator of Super Subs - a franchise of Subway.

The sale, which was conducted via online auction site Bidspotter, realised more than £17,000, significantly in excess of the valuation figure. More than 130 bidders from as far afield as the USA registered for the auction, with lots ranging from toasting ovens to coffee machines.  

In the same week, the Solent team concluded sales for the Directors of Autex Graphic Machinery Ltd and for the proprietor of Winchester Windows and Doors. The first saw more than £160,000 realised from the sale of print finishing plant and machinery and items shipped to successful bidders across Europe, Asia and South America and the second comprised various items of woodworking plant and machinery, realising more than £30,000.

Richard Kelly, Partner at Edward Symmons commented on the sale: “By using our extensive database of more than 20,000 asset purchasers across the world, we achieved three great results on these auctions, far exceeding our clients’ expectations.”

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For further press information please contact Sophie Elliott at Redwood Consulting on 020 7828 5553. [email protected]