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Stepping into 2025, Stags Auctions Department has seen an exceptionally successful start to sales across the South West. With a packed calendar of auctions, increased bidder participation, and a range of high-quality lots passing under the hammer, this year is shaping up to be one of our strongest yet.
January and February set the tone with a series of machinery and equipment auctions including the South West January Online Timed Auction, our fast-growing Livestock and Fodder Online Timed Auctions, The West Country Farming and Machinery Show Sale and standalone dispersals and reduction auctions. Stags Auctions has facilitated sales within the South West and beyond, an example being our recently completed Cotswold Organic Online Timed Auction of Machinery and Livestock Equipment situated between Cirencester and Oxford. The enthusiasm seen in these sales highlights the ever-growing interest in Stags' offerings and the trust placed in the team’s expertise.
One of the standout moments of the year so far has been the record-breaking sales figures achieved in our recent South West January Online Timed Auction. The auction saw in excess of £1,800,000 bids placed on auction day (although not all successful) with aftersales further increasing this figure as our team continued to negotiate the best deals possible for both buyers and vendors after the sales completion. Over 250 vendors saw benefit from the 589 successful buyers both nationally and internationally all helping to create our most successful online timed auction to date.
As farmers face increasing financial pressures, due to the current government introducing changes to inheritance tax for farms, the additional levy has raised concerns within the farming community. These changes have prompted many farmers and land owners to reassess their assets and equipment. In response, our auctions provide a crucial platform for farmers and landowners looking to manage their assets effectively, offering competitive prices and liquidity in a more challenging economic climate.
For those considering buying or selling at auction, now is an opportune time to get involved. Whether you have machinery or equipment to sell, our team is here to provide guidance and maximize your returns. Stags offers a diverse service, whilst our regular online machinery and fodder and livestock auctions continue to grow, we also offer the option for dispersal sales of non-agricultural items. This past year Stags has facilitated sales for: Woodworking Equipment; Engineering Equipment, Garden Nursery Plants and Bistro Restaurant Equipment with further sales including Cornish Hydrangea Plants scheduled for this year.
Stags Auctions Department is proud to be leading the way in delivering successful sales and exceptional results. We thank our clients and bidders for their continued support and look forward to another exciting year of auctions ahead.
