Storage Overview

Some of our clients have asset or stock holdings they need to move promptly, awaiting subsequent authorisation for auction disposal.

These clients can include Retail PLCs, Government Authorities and Insolvency Practitioners. John Pye Auctions UK network of over 20 secure sites encompassing over 600,000 sq. ft. affords our clients with the option of relocating subject assets or stock to gain multiple operational benefits.

For Retail PLCs, the option to move large surplus stock holdings from fulfilment or distribution centres, particularly at peak periods, is a significant added value benefit, to regain prime warehousing space for higher margin, front line sales fulfilment and this is where John Pye Auctions regularly provide client support.

For Government Authorities, we offer the option of securely storing assets, sometime of a contentious or sensitive case nature, to ensure the integrity and value of assets before authorisation for disposal.

Moreover, for Turnaround, Restructuring and Insolvency clients John Pye Auctions storage facilities provide a safe haven for assets not only at risk of third party distraint but also away from a potential ‘fire-sale’ situation.

Keeping assets in-situ within encumbered rented commercial premises, subject to an insolvency, presents a very limited time window for resale, compared to relocation to unencumbered third party premises to provide greater lead time for marketing and auction sale to the secondary market; this is particularly important for niche industry assets.

John Pye Auctions asset and stock storage provisions have been vetted to UK Central Government procurement and international Retail industry standards, offering storage facility options across Scotland, England and Wales.

On most occasions our storage provisions are offered free to clients where subsequent authorisation for asset disposal is guaranteed within the following three months of inbound receipt. Should disposal be considered later fees are negotiated on a case-by-case basis.

Storage Departments and Contacts

Business Assets

John Pye Business Assets department is the company's longest established department, having provided client services to Turnaround, Restructuring, Insolvency and Industry sectors for over 25 years. The Bu...

Luxury Assets

Launched in 2014 John Pye Luxury Assets is the fifth trading division of John Pye Auctions, specialising in the sale of: Luxury Watches Modern and Antique Jewellery Precious and Semi-Precious Gems...

Property

John Pye Property was established to service a growing market need for owners and agents to reach end user property purchasers through a wider and more transparent gateway to market. John Pye Property is ...

Retail Goods

John Pye Auctions clients are big names in big industries; requiring robust dependable and wide ranging one-stop-shop auction services to support heavy reverse logistics supply chains. John Pye Auction Re...

Vehicles

John Pye Auctions Vehicles department has grown substantially since 2011 to now sell over 16,000 vehicles per annum across more than 20 UK sites. These vehicles range from seized vehicles - cars, motorbik...

Storage Case Studies

Phones4U Administration

John Pye Auctions Business Assets department were appointed agents for the Phones4U Administration after initially supplying the Administrators, PWC, with a solid barometer of appraisal data from our unique ...

Gibbs Technology Automotive

Developers of amphibious vehicle technology, Gibbs Technologies appointed John Pye & Sons to manage a disposal of surplus Land Rover engines & automotive parts at their West Midlands factory. Gibb...

David Jerome Collection

John Pye Luxury Assets department was exclusively instructed to sell the UK's largest private collection of precious coloured natural gemstones in a multi-million pound international online auction offering ...

DVLA Untaxed Seized Vehicles

In 2011, after an 18-month long tender bid process, we were appointed by the UK Government Department of Transport Driver Vehicle Licensing Agency (DVLA) as the UK's lead Auctioneers for valuation, storage, ...

The Bullion Room

Jewellery, gold bullion, scrap precious metals and an armoured vehicle were the range of assets and stock holdings of this West Midlands gold bullion business -  JEEG Global Ltd t/a The Bullion Room - of w...
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