The eight most expensive cars going up for auction
- 1960 MG MGA 1600 petrol – £25,000
- 1975 Mercedes 350SL 3499CC petrol 2DR – £18,000
- 1989 BMW 635CSI 3430CC petrol 2DR – £16,000
- 1973 Porsche 911 2687cc 2DR coupe – £15,000
- 1983 Mercedes 280SL 2746CC petrol 2DR – £15,000
- 1981 Mercedes 380SL 3839CC petrol 2DR – £15,000
- VW Camper (undated) – £15,000
- 1976 Toyota (no model) – £15,000
A car enthusiast revealed today how he was selling off an extraordinary £1million collection of 174 dust-covered classic cars dating back to the 1940s in a huge auction after they were amassed by a mystery businessman at a 45,000 sq ft warehouse in North London over ten years.
The stunning collection of vehicles, which has grown gradually at the site on a business park in Tottenham have been given guide prices of up to £25,000 with the most expensive being a 1960 MG MGA red sports car.
Others with high guide prices include a 1975 Mercedes 350SL for £18,000, a 1989 BMW 635CSI for £16,000 and five cars for £15,000 each – including a 1973 Porsche 911, a 1983 Mercedes 280SL and a 1981 380SL.
Freddie Fison, 35, who lives in London, told MailOnline he was organising the sale for a family friend who decided to sell his collection after the local council, which owns the warehouse, said they needed it back.
The car enthusiast said: ‘Essentially it’s a local businessman’s private collection. Over the last ten years he decided to build his collection, I think starting off with a Mercedes SL, having seen the popularity with the Pagoda and how that raised in price, thought that would be a big investment and obviously a passion project.
‘He loves his cars, and since then has been collecting more and more. They were stored in a council-owned warehouse and the council are now redeveloping the area and said we need the warehouse back – all 45,000 sq ft. Trying to find a new home for an indoor space in London for that size is not going to happen – times have changed in ten years.’
Speaking about how the cars were bought over time, Mr Fison added: ‘Each is an individual negotiation, each an individual journey from wherever it’s from in the country to collect, drive back and park back. What it has meant is we’ve got this fantastically beautiful visual of old cars covered in dust and bird poo. It’s rather romantic really.’
Among the other vehicles being shown off by the ‘London Barn Finds’ team are a 1971 Triumph Spitfire MK4, a 1973 MG MGB, a 1989 Nissan 300ZX and a 1986 Mercedes 300SE – all of which have a guide price of £8,000.
Other vehicles available around the same price range include a 1976 VW Camper, a 1986 Mercedes 300SE and a Ponton 200 by the same manufacturer – while the cheapest is a 2000 Citroen Berlingo, up for £100.
The oldest car on the list is a 1948 MG which does not have a guide price and was last taxed in 1991, with the second oldest being a 1952 MG YB and the third a 1955 Morris Minor with a guide price of £2,000.
The extraordinary collection of 174 dust-covered classic cars have been unveiled at a warehouse in Tottenham, North London
The series of cars have been put up for auction for a total of nearly £1million by ‘London Barn Finds’
The stunning array of vehicles are being kept at a business park in Tottenham, North London, while they are being sold off
A Porsche 1973 911 2687cc 2DR Coupe Manual has a guide price of £15,000 and is among the 174 cars on display in London
A 1957 Mercedes Ponton 200 is among the cars available which have been put on show in Tottenham, North London
The cars have been given guide prices of up to £25,000 with the most expensive being a 1960 MG MGA red sports car
All of the cars on show in North London are said to run properly and were driven to the warehouse under their own power
A Mercedes 220SE is among the cars on show in Tottenham – all of which have a combined guide price of nearly £1million
Some of the cars do not have numberplates and others have no identifying documents, and a selection appear to be carrying the plates of different vehicles. Many have a thick layer of dust and are covered in bird droppings.
However all of the cars are said to run properly and were driven to the warehouse under their own power, with some taxed for road use as recently as 2016 – although others have not been taxed for three decades.
Popular car enthusiast and YouTuber Freddie Atkins, who posts under the name TheTFJJ, got to visit the site last week and described it as a ‘very special warehouse’, adding: ‘I’ve not seen anything like it before in my life.
‘It’s basically an insane colleciton of Mercedes, Porsche, Volkswagen, lots and lots of classic cars – BMW as well. They’re all barn finds, they’re all being sold here and are coming up for sale with London Barn Finds on Instagram.’
Mr Atkins added: ‘The scale of this place is just incredible.’ He also said it was ‘interesting seeing the varying states of the interior’ and the cars gave an ‘insight into what the interior looks like if you left it out for many, many years’.
The cars, which have a combined guide list total price of £942,700, could be seen in a viewing session on Bank Holiday Monday – with no money changing hands on the day and all sales made by sealed bids after the event.
This 1989 black BMW 635CSI is a 3430CC petrol 2DR coupe automatic with a guide price of £15,000
Organisers of the auction have been sifting through 15 boxes of old receipts, old tax disks and service history records
A BMW 530 is among the cars on sale – with this one given a guide price of £5,000 by ‘London Barn Finds’
A 1978 red Mercedes SL350 3499cc petrol car is also available at the site in North London, with a guide price of £12,000
Some of the cars do not have numberplates and others have no documents, with many carrying a thick layer of dust
Many have a thick layer of dust and are covered in bird droppings – something of concern in terms of repairing the paintwork
A number of Land Rover cars are among the vehicles on display at the site which could be viewed on Bank Holiday Monday
The organisers said they would be contacting people who made bids following this open day and were still going through the offers as of today. They added that they would be putting any unsold cars up on eBay.
Asked about the huge response from people interested in the cars, Mr Fison said: ‘It’s been overwhelming, there’s such a broad range of cars and within each category there were collectors and enthusiasts, and say for every car there’s 50 people who are fascinated in its history and therefore it’s a huge amount of admin.
‘Having collected and driven cars his whole life, I don’t think he had much of a collection before this. It’s just a matter of space. The owner has bought these individually and paid prices for them individually.
‘However, the fundamentals are all the same, they’re running cars, he drove them all in there. Anybody who understands classic cars understands there is that risk to take.’
He continued: ‘We’re going through to see the bids that are reasonable and then moving forward from there, I think we’ll be listing them on eBay to allow from international and interest from people who weren’t able to make the open day.
‘There’s a lot of people who were critical of the format of the sale but it was born out of a requirement to get things done quickly, and also the owners desire to do it that way, so I’ve been juggling a number of factors to put it together.’
A range of MG cars are involved in the auction, including a 1960 MG MGA sports car which has a guide price of £25,000
Some of the vehicles were taxed for road use as recently as 2016 – although others have not been taxed for three decades
A number of Volkswagen camper vans are available as part of the collection which have been put on show in Tottenham
Some of the cars on show are in bad condition and in need of serious improvement, but still hold value for some traders
All of the cars are said to run properly and were driven to the warehouse in North London under their own power
One of nine Mini vehicles available in the collection of cars which could be viewed in Tottenham on Bank Holiday Monday
Another of the Land Rover vehicles available in the collection which were posted on Instagram by ‘London Barn Finds’
A spokesman for London Barn Finds said on Instagram: ‘Thanks to everyone who came to the open day, we appreciate it was last minute but we had to manage it that way for reasons relating to the owner.
‘We are currently looking at the bids received from Monday’s viewing and will be contacting people who offered in due course. The next step will be eBay for the cars that haven’t sold.’
They added: ‘You’ll be able to find more information about each car there. Please keep your eyes peeled for UK listings with ‘barn find’ in the title if you’re looking to bid on any of the items seen in this collection.’
The spokesman said that they were ‘sifting through 15 boxes of old receipts, old tax disks, photos of better years, service history, MOTs, V5s and more’ and were aiming to ‘share as much as possible’ with those interested.
In other motoring news this week, a cleaner form of petrol called E10 – which is made with up to 10 per cent bioethanol, a type of renewable fuel – was introduced at filling stations from Wednesday.
A number of Mercedes vehicles form part of the array of cars although many of them are in need of serious improvements
A selection of the cars revealed by ‘London Barn Finds’ appear to be carrying the numberplates of different vehicles
A Volkswagen Westfalia Camper van is among the vehicles which have been photographed at the location in North London
The interior of the Volkswagen Westfalia Camper van which was a conversion model which was modified by Westfalia-Werke
Another view of the Volkswagen Westfalia Camper – a conversion model which was sold for 50 years from the 1950s
The organisers said they would be contacting people who made bids following the open day on Bank Holiday Monday
The cars are being stored in a warehouse on an industrial estate in Tottenham, North London – pictured above
It will be the standard offering at forecourts as part of Government plans to cut carbon emissions, and is replacing E5 petrol, blended with up to 5 per cent bioethanol.
The Department for Transport said more than 95 per cent of petrol cars licensed for use on Britain’s roads are compatible with E10, which is not expected to cost more than E5.
An impact assessment published in January 2020 estimated that around 600,000 cars – such as classic cars or those built in the early 2000s – would be incompatible with the new fuel this year.
Owners of those vehicles can continue to access E5 by purchasing super unleaded which costs an average of 8.7p a litre more than standard petrol, according to AA figures.
You can follow London Barn Finds on Instagram by clicking here for updates on what will happen next