A Bradford auction centre has created two jobs and is attracting buyers from around the globe for its regular online sales.

Chartered surveyors Eddisons has opened the centre in Lower Lane, East Bowling, as a new venue where West Yorkshire companies can dispose of surplus assets and stock.

Auctioneer Jason Pinder said that while part of the business was disposing of lots from insolvent companies, the 15,000 sq ft centre was aimed at enabling local trading companies dispose of stock to free up space and generate cash.

The new centre provides a base for storing and preparing items from bailiffs, insolvency practitioners and private clients, for sale through online auctions.

Jason, head of machinery and business assets, said: “We have seen a major increase in the amount of plant, equipment and stock we are being asked to dispose of, and the centre allows us to store and market this efficiently on a clients’ behalf.

“Initially we will hold a sale every two weeks. Viewing will always take place on a Tuesday with bids being accepted on the internet during Wednesday when the auction closes.”