Auction Sale: An auction was held at the Golden Lion Inn, on Tuesday, by Mr. Lambshead, for the sale of the freehold property in which the sale was held, viz., a freehold full-licensed public house, with a large yard and good stabling accommodation, known as the “Golden Lion Inn”, occupied at present by Mr. J. Mugford. Mr. Baker (Francis and Baker) was the solicitor for the owner (Mr. L. Beanie), and having read the conditions of the sale, the bidding was commenced by Mr. Mortimore of St Mary Church, who offered £800. Mr. Scawen followed with £900 and was quickly followed by Pinsent with £1,000. The bidding was resumed by Mr. Foss with £1,100: Mr. Mortimore then offered £1,150. The property was bought in at the reserve price of £1,500. A few weeks ago, the same property was offered for sale by the same auctioneer, and bought by Mr. Butcher, of Newton, for £1,760. He, however, was unable to “conclude the purchase” and was let off by paying the vendor something like £30. This will be a great loss to Mr. Bearne, for on that occasion a genuine bid of £1,600 was recorded.
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.
Referenced
GRO0518 Devonport: John Ball Pinsent: 1819 – 1901