There was an interesting property auction today at the Salcombe Yacht Club in Devon's South Hams. Up for bidding was a boatstore with slipway to Shadycombe Creek which in turn leads out to Salcombe Harbour. Said building is 80 feet by 13 feet with a corrugated iron roof. The creek is tidal and I doubt that you could get a boat in or out of the building for more than half the day. The guide price (bear in mind that this is Salcombe!) was £250,000.

So what was the eventual selling price? Evidently there were a number of bidders and the hammer dropped at £402,000! Nice commission for estate agents Charles Head & Son and I imagine a very contented vendor.