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Jacobs Photo Stores Assets Auction

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Category: Industry News

Jacobs Photo Stores Assets Auction - The assets of Cecil Jacobs Ltd. are due to be sold at auction at the end of August 2012.

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Assets belonging to Jacobs photo stores will be up for sale at the end of August 2012.

Mike Hanson Director of Machinery & Business Assets
Mike Hanson, Director of Machinery and Business Assets at Jones Lang LaSalle

Over 2,000 lots will be offered to bidders during a five day online auction which will begin on 28 August 2012.

Approximately 400 lots of both branded and non-branded assets will be made available each day, with the auction already attracting significant international interest.

Items of note include a Leica M9 camera which retails at more than £5,000, in addition to hundreds of thousands of pounds worth of SLR and digital cameras and lenses from retailers such as Sony, Panasonic, Leica and Sigma.

More than half a million pounds of the firm’s assets will be made available to buyers by Jones Lang LaSalle on behalf of joint administrators Edward Kerr and James Stewart-Koster of PKF LLP.

Bidding will open at 10am on 28 August 2012 and close at 10:30am on 4 September 2012.

For more information, visit the Jones Lang LaSalle website.

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