Acuitus raised £48.68m at their fourth auction of the year, with a success rate of 90% of the 60 lots offered in the catalogue.

Five lots sold for more than £2m, four of which being offices, with the sector accounting for more than half the money invested at the sale. The 43,468 sq ft United House in York has permitted development rights for residential conversion and sold for £6.02m.

Auctioneer Richard Auterac commented: "There is now serious interest in the regional office sector and it is the subject of concerted buying."

"Several of the assets in the sale were complex and required considerable hands-on involvement by us working with our prospective investor and developer buyers in the days leading up to the auction. This led to our selling clients achieving some good results, and demonstrated our ability to buy and sell complex and high quality multi-million pound assets."

An Odeon cinema investment in Banbury Cross sold for £2.2m at a yield of 5.5%, while a prime shop in Romsey let to Superdrug sold for £1.35m at a yield of 5.1%.

Their next auction will take place on 22nd October 2015 at the Radisson Blu Portman Hotel, London W1.