If gin is your tonic then there's a whole lot of interest in this latest liquid-ation
Paul Cooper among the lots.
By Scunthorpe Telegraph | Posted: 9 Aug 2018
Thousands of bottles of gin and tonic are to be sold off by liquidators at a rare auction in Scunthorpe next week.
Fans of the on-trend juniper berry spirit are expected to snap up cut-price cases as more than 1,200 branded bottles including Tinker, Kuro, Aduro, Slingsby, Dingle, Santamania, Black Tomato Gin and PJ fall under the hammer in the unusual lot.
The sale also includes outdoor festival bar equipment including strobe lights, speakers, a mixing console and optics. 7,000 litres of tonic are also included.
Begbies Traynor, the administrators of Yorkshire-based Gin Festival Ltd, instructed the Scunthorpe office of Eddisons CJM to auction off the stock after the events firm fell into administration last month.
A total of 20 planned festivals across the UK were cancelled and 27 members of staff of Gin Festival Limited were made redundant leaving the huge volume of gin behind.
Quarterly combined sales of gin in UK supermarkets, shops, pubs, bars and restaurant have increased by over 40 per cent according to a recent report by the Wine and Spirit Trade Association.
The last financial year saw UK gin sales rise by 28 per cent in volume and by 33 per cent in value to reach £1.5 billion, meaning that sales have more than doubled in value in five years.
Paul Cooper, director in the Scunthorpe office of Eddisons CJM, said: "It is rare to find this level of volume and wide range of gin brands on sale at auction anywhere in the UK and we are pleased to have been selected to put it to auction in Scunthorpe. Gin has become somewhat of a trendy drink during the past couple of years so I expect bidders to be a mix of consumers and those in the trade.”
Physical viewing takes place tomorrow (Friday), between 1pm and 4:30pm at Eddisons CJM on Dunlop Way. The auction takes place online and will be concluded at 6pm on August 13. The entire lot can be viewed here.
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