The owner of an auctioneers in Banbury is retiring after 14 years in the hot seat.
Nick Williams, owner of Holloway’s of Banbury, has reluctantly decided to leave for health reasons after he nearly died from an aortic dissection three years ago.
Holloway’s, which was founded in the early 1970s by the late Tim Holloway will now join Charles Ross Auctioneers. The changeover will take place on May 1.
Mr Williams, 60, took over the business in 2001 after working for nearly 30 years as a lawyer in London.
He said: “I have collected pictures for a long time and coming here was a natural extension. I wanted a change from working in London and when I heard about Holloway’s I thought it would be a perfect move.”
He added after nearly dying three years ago, his family and his cardiologist wanted him to take things easier.
“I’m not supposed to get stressed,” he said. “I thought the time had come to let someone else take over.”
He plans to spend more time in the garden and go travelling but he will also keep in touch with Holloway’s with a view to taking up a consultancy role.
“It has been great,” he said. “It has been an interesting experience and I have had a lot of fun, but running a small business is quite stressful.
It has been a successful business with a lot of support locally.” His wife, Alexandra is a former employee of Christie’s. He also has two children, Molly, 17, and Augusta, 15.
The existing team will stay at the current premises on Parsons Street and the name will be kept.
Holloway’s will hold its final sale under Mr Williams’ ownership on March 17.
The sale will have a strong picture section including a late oil by William Sickert.