A POPULAR auction house in Lymington which closed down in March has been saved by a father and son and will relaunch with a first sale next week.

The premises in Emsworth Road were formerly run by George Kidner and had been an auction house for more than 50 years.

The new owners are vintage toy specialist Nick Powner, 56, and his son James, 23. Nick will continue to run his toy-dealing business Abbey Models, which is based in Christchurch.

The first sale is scheduled to take place on Thursday, July 11.

“We knew many local people were concerned the building would end up converted into luxury flats,” said Nick.

“We’re very happy to have taken over the building and business lock, stock and barrel, and have refurbished the premises inside and out. This included constructing a new wooden rostrum where the auctioneer can wield his gavel."

In addition, part of the building is being converted into an antiques centre.

“That will open this summer, with room for up to 30 dealers,” said Nick.

James said he and his father would like to focus on general sales but also hope to develop car and automobilia auctions next year.

“The July auction includes three cars, one of which is a scarce 1993 Daimler Double-Six V12 saloon, estimated at between £3,500 and £4,000,” said James.

Other highlights include three rare water colours by Nico Jungmann, painted between 1917 and 1920, with one expected to sell for more than £3,500, and an art-deco bronze female figurine from the 1920s, valued at between £400 and £600.

Nick added: “Our valuations are free. They are held every Monday at the saleroom, or at the client’s home. We’re happy to travel anywhere throughout Hampshire and Dorset.

“After our July auction, we’ll be holding two sales in September – a general auction on the fifth and a specialist toy and TV memorabilia sale at the end of the month.”

Sales will be taken by senior valuer and auctioneer Steve Ozier, who is looking forward to this month’s first auction.

For more information, visit lymingtonauctions.com.