What is an auction business that conducts auctions at a single location where consignments are brought in called?

An auction business that conducts auctions at a single location where consignments are brought in is referred to as an auction house. This term typically denotes a physical establishment that specializes in the selling of goods through a bidding process. Auction houses are often associated with the auctioning of art, antiques, and other valuable items and provide a controlled environment in which bidders can inspect items and participate in the auction.

The auction house is distinct from other auction-related terms. An auction warehouse, for example, might imply a location focused primarily on storage and logistics rather than the actual auction process. An auction platform generally refers to online services that facilitate remote bidding rather than a physical location, while an auction center may suggest a broader range of activities or a venue that hosts multiple auction events but does not specifically capture the intimate and specialized nature of an auction house.