A booming Midlands auctioneers business which is jointly headed by a celebrity TV valuer has seen turnover treble in four years.

The company has now ploughed " upwards of £100,000" into new premises at an industrial estate in Stourbridge as well as expanding its number of staff.

Fieldings Auctioneers is run by Nicholas Davies and William Farmer, who has also worked on the BBC's Flog It, 20th Century Road Show and is now a regular on the prime Sunday night Antiques Roadshow.

Mr Farmer, aged 31, said: "We started up in classic style after a pint in the pub when we just decided to do it. It's the best move I've made."

He said the growth of TV antiques programmes had raised the profile of auctioneering - and his role on TV had also provided a major boost.

Mr Farmer said: "We're very much a partnership and we're delighted with the way things are going.

"We tell it as it is and try to say what we do, and do what we say.

"We do benefit from the BBC connection - it's like having a rubber stamp of approval on your forehead."

Mr Farmer, from Derbyshire, trained as a jeweller in Birmingham's Jewellery Quarter before moving into auctioneering and valuing.

The business has recently staged its first auction at its new revamped home at Mill Race Lane, Stourbridge - which was formally an industrial unit, block K bay 1, used by a garment maker on the Stourbridge Estate.

Mr Farmer said: "Obviously in our business we do not stress the 'estate' in our address. Historically, a light industrial unit wouldn't be the immediate choice for auctioneers but any stigmas are rapidly being shed and the benefits this site offers our business are tremendous."

The company rents the site from London & Cambridge Properties (LCP).

Fieldings is soon to celebrate its first birthday and was in need of a new space.

Mr Farmer would not specify turnover but said it had tripled when his best hopes had been that it would double.

Having previously been run out of a small Stourbridge high street office, using gallery space for displays and hiring village halls on sale days, the business had good visibility but limited access.

When talking of moving into the new 9,056 sq ft unit, Mr Farmer said: "We were keen to provide our customers, small and large, with a single location for every aspect of auctioneering. "This is unit has state of the art security, a high quality of finish, with excellent access and parking facilities, and we've been able to tailor the space to perfectly meet our needs."

The company has created a reception area, evaluation suite, cafe serving fresh home made food on sale days, accounts office and a 6,000 sq ft sales room.

The outlay was "upwards of £100,000" said Mr Farmer.

As part of the move Fieldings has recruited two new auctioneers, taking the total including the partners to four, and on sale days will be employing up to 15 members of staff.

LCP's marketing director Margaret Hopkins said: "We're witnessing a real shift in the use of our estates, the benefits of which are appealing to an extraordinarily diverse range of businesses. "We have a policy of investing in our properties and help individual tenants to create a working environment which will encourage business development and grow."