June 2015 - Countrywide Property Auctions

Transcription

PROPERTY
June 2015
LONDON Wednesday 17th June at 1.00pm
Auction
Calendar
2015
Auctions
Calendar
2015
NATIONAL
Jan
Feb
Mar
18
26 Jan
London
Closing Date
Apr
May
Jun
Jul
25
12
17
2 Mar
20 Apr
May
Aug
Sept
Oct
Nov
Dec
30
15
21
16
26 May
7 Jul
24 Aug
28 Sep
24 Nov
Jun
Jul
Sept
Oct
HEAD OFFICE
Auctions Administration Centre,
Countrywide Property Auctions,
Lombard House,
2 Carrs Road,
Cheadle,
SK8 2HR
LONDON OFFICE
Tel: 0207 963 0628
LONDON AUCTION
LE MERIDIEN PICCADILLY
Piccadilly,
London W1J 0BH
REGIONAL
Jan
Feb
Mar
Apr
Aug
Nov
Sheffield
25
29
9
22
23
17
Exeter
24
30
11
23
24
19
20 Jan
23 Mar
11 May
19 Jun
20 Aug
16 Oct
Closing date
EXETER AUCTION
SHEFFIELD AUCTION
SANDY PARK CONFERENCE CENTRE
Sandy Park Way,
Exeter EX2 7NN
DOUBLETREE BY HILTON
Sheffield Park, Chesterfield Road South,
Sheffield S8 8BW
EXETER OFFICE
SHEFFIELD OFFICE
Tel: 01395 275691
Tel: 0114 254 1185
Dec
Managing Director’s Note
Hello and Welcome to the Countrywide Property Auctions June Catalogue.
ANDREW BROWN
Managing Director
Well, the votes have been counted and the electioneering is
well and truly behind us. In the end, the country decided that
Mr Cameron and the Conservatives should lead us through
the next five years, and whatever you make of that decision,
the fact that we have a government sorted in double quick
time is good news for us all and in particular the property
market.
If you’re a seller, you find yourself in a very strong position
indeed; with a shortage of genuine auction stock available,
buyers will pay a premium price over what they would’ve
done this time last year. So it may be time to thin the
portfolio or to cash in on surplus land or development sites.
Either way, my colleagues will be delighted to chat your
options through with you.
Stability is key to our market place and hopefully, we’ll be
seeing the year’s upward trends continuing between now
and Christmas.
Don’t forget, if you are unable to join us at our sale, you are
now able to follow our auctions online with our live internet
broadcast at www.eigroup.co.uk/onlineauctions/<http://
www.eigroup.co.uk/onlineauctions/> so with our usual
services of telephone and proxy bidding, you can still get the
full auction day experience from the comfort of your office
or home.
Our April and May auction series yielded some very positive
results with strong results in Sheffield and London gaining us
in excess of £12,000,000 of property sales, but our auction
sale on April 30th in Exeter was in particular an exceptional
result, capitalising on our 2014 position of market leaders in
Devon and Cornwall, we managed to achieve a 91% success
rate, with over £5,150,000 of property sold for our clients.
This was our best result for the last two years and the first
time ever that our Exeter sale has exceeded sales revenues
of over £5,000,000.
As usual, if you have any questions regarding any of the lots,
please feel free to give my team a call; they’ll be happy to
help.
Good luck and I look forward to seeing you from the rostrum
very soon
So the auction market looks to be in robust health all round!
But what does this all mean for you, the auction punter?
Well, from a buying perspective, if you have been waiting to
dip your toe in the investment market, if you’re looking for
something for your pension pot or if you’re a first time buyer
wanting to get your foot on the ladder, now is most definitely
the time to buy. Prices are now on the rise and all indications
are that if stock remains scarce, this trend could continue for
the rest of the year.
Andrew Brown
Managing Director
The Team
AIGA GUSAROVA
Administrator
MARK TANTON
Director & Head of London
Auctions
SALEEM AZIZ
Senior Auction Surveyor
MAX SACHON
JAMIE WEIR
Corporate Auction
Surveyor
JAMES O’HEARNE
RICHARD STEPHENS
Auction Surveyor
ALEX SAXON
Administrator
HUMAIRAH GAFFAR
Administrator
LUKE ANTHONY
Administrator
ROXANNE ROBINSON
Administrator
TALWINDER SINGH
Administrator
3
General Important Notes
General Important Notes
Legal Packs A Legal Pack will be prepared for each property by the Sellers’
solicitors. It will generally consist of the Memorandum of Sale, Special
Conditions of Sale, the Local Search (if and when available), the Land Registry
Search, the Epitome of Title and a copy of any lease affecting the property.
The pack is available online or may be inspected during normal office hours
at the Auctioneers’ offices from the date it is received by them. It may also be
inspected in the auction room on the day of the auction. All lots are sold subject
to all matters referred to in the legal pack and purchasers are deemed to buy
with full knowledge of all the legal pack documents whether or not they have
read them. It is important that either you or your solicitor inspects this pack prior
to auction. The auctioneers will not have inspected any of the legal documents
and cannot give any advice or opinion thereon. To download legal packs for
free please visit our website, www.countrywidepropertyauctions.co.uk. If you
have downloaded the legal pack, it is your responsibility to check back regularly
online and to check the legal pack in the auction room on the auction day as
documents can be added to or amended at any time by the sellers solicitors.
Alternatively a photocopy of the pack is available from the Auctioneers (if
received by them more than 2 days prior to the auction). The cost of this service
is £25 (including VAT), or more if the pack is particularly large. This charge is not
recoverable. To use this service telephone the Auctioneers on 0870 240 1140
with your credit card details.
Property Descriptions Some of the properties in the catalogue will not
have been inspected by Countrywide Property Auctions. The descriptions
will have been obtained from our local partner agents for and on behalf of
the seller. Prospective purchasers will need to rely on their own enquiries as
to the accuracy of the descriptions as per the terms of the Common Auction
Conditions of Sale also printed in this catalogue.
Plans and Photographs The plans and photographs published in the catalogue
are there to aid identification of the property only. The plans are not to scale.
Guide Price This is an indication of the seller’s current minimum acceptable
price either prior to or at auction. The guide price or range of guide prices is
given to assist consumers in deciding whether or not to pursue a purchase.
It is usual, but not always the case, that a provisional reserve range is agreed
between the seller and the auctioneer at the start of marketing. As the reserve
is not fixed at this stage and can be adjusted by the seller at any time up to the
day of the auction in the light of interest shown during the marketing period, a
guide price is issued. This guide price can be shown in the form of a minimum
and maximum price range within which an acceptable sale price (reserve) would
fall, or as a single price figure within 10% of which the minimum acceptable
price (reserve) would fall. It is not a valuation and, as such, should not be relied
upon by prospective purchasers who should obtain their own professional advise
on values. A guide price is different to a reserve price (see below definition).
Both the guide price and the reserve price can be subject to change up to and
including the day of the auction.
Reserve Price Each property is subject to a reserve price. This is the seller’s
minimum acceptable price at auction and the figure below which the auctioneer
cannot sell. The reserve price is not disclosed and remains confidential between
the seller and the auctioneer. Both the guide price and the reserve price can be
subject to change up to and including the day of the auction.
Bidding by Proxy or by Telephone If you are unable to attend the auction for
any reason you may care to make use of our special arrangements for bidding
by proxy or by telephone. Please see the bidding form and conditions at the end
of this catalogue.
Pre-Auction Sales Offers made on property included in this catalogue may
be accepted by the seller before the auction. It is therefore important that you
register your interest in any particular property. We are obliged by law to inform
the sellers of any offers made prior to the auction.
There are occasions when properties will be sold or withdrawn before
auction. Neither the Auctioneers nor the seller will be liable for any claim for
compensation from a prospective buyer arising out of a sale or withdrawal of a
property prior to auction.
Do ring us on the day before the auction to check whether the property
that you are interested in is still on offer. At the same time you may ask for
any modifications that there may be to the information in the catalogue.
This information will be available on the day of the auction as a Catalogue
Supplement.
Attending the Auction It is always wise to give yourself plenty of time to get
to the auctions, which start promptly. Important announcements are made at the
start of the auction which could relate to the property you are interested in. Legal
packages for all the properties are available for inspection prior to the auction
and it is important that you inspect these. We sell approximately 25–35 Lots per
hour but you should not rely on these figures for calculating the time when your
Lot is due, because many Lots may be sold prior to the auction or withdrawn. It
is best to be there at the start.
Purchaser’s Proof of Identity In order to conform to the Money Laundering
Regulations, we ask all prospective purchasers to provide proof of identity at
registration which takes place immediately prior to the auction. Please bring to
the auction your passport and either a UK driving licence, a current public utility
bill, a bank statement or a Local Authority tax bill.
Solicitors’ Details Bring with you the name, address and telephone number
of the solicitors who will be acting for you to see you through from exchange of
contracts to completion.
Deposit When you buy a property, you will be asked to come to the settling
desk to sign the Memorandum of Sale in duplicate. At that time you will be
asked to provide a deposit. This will be 10% of the purchase price or a minimum
of £2,000 (i.e. properties sold for less than £20,000 will have a minimum
deposit of £2,000). Some variations to these figures may occur to accord
with individual vendor’s requirements. Check with the Auctioneers before you
come to the auction as to the deposit required regarding the property of your
choice. Deposits can only be paid by a Bankers Draft, Building Society Cheque,
Company Cheque or Personal Cheque. Cash will not be accepted.
Administration Charge In addition to the deposit payable upon exchange
of contracts, buyers will be required to pay an administration charge of £800
(inclusive of VAT) paid by cheque. A full VAT receipt will be issued at the auction
or the day after exchange of contracts with pre or post-auction sales.
The Contract Once the Memorandum of Sale has been completed, you will
be asked to sign two copies, one will be given to you, together with a copy of
the legal pack, which you must then take to your solicitors. The second copy
and deposit are retained for the seller’s solicitors. Completion will usually take
place in 20 working days, but this date can vary depending upon the seller’s
requirements.
Auction Conditions of Sale It is important that you read the Common Auction
Conditions of Sale (or separate General Condition of Sale applicable to Scottish
Lots) printed towards the end of this catalogue. Some sellers’ solicitors may
replace these with other General Conditions of Sale instead and you should take
care which set applies to the property you are interested in by checking them in
the Legal Pack.
Addendum The particulars of any property included in the auction may require
amendment or alteration and this information is contained in an addendum
which will be available at the auction, and which will be referred to by the
Auctioneer prior to the commencement of the auction. Purchasers will buy on
the understanding that they are fully aware of the information contained in the
addendum.
Post Auction Sales If a property you are interested in is not sold at auction, you
may talk with the staff at the auction and make an offer. This will be put to the
seller for his decision and, if you are successful, you will be asked to complete
the Memorandum and pay the required deposit.
Countrywide Property Auctions will keep your personal data on file and
may pass this information on to other organisations which are part of,
or connected with, the Countrywide Group. If you wish to withdraw your
consent to this at any time, you can do so by writing to the auctioneers at
Auctions Administration Centre, Countrywide Property Auctions,
Lombard House, 2 Carrs Road, Cheadle, SK8 2HR
SCOTTISH LOTS
Legal Packs All legal packs can be viewed and downloaded free of charge by
visiting our website www.countrywidepropertyauctions.co.uk. Alternatively, a legal
package is available on any property at a minimum cost of £25 (including VAT).
This charge is not refundable. The package contains copies of the title deeds,
any leases, Articles of Roup, Minutes of Preference and Enactment, together
with any other relevant documentation. If you wish to use this valuable service
then phone 0870 240 1140 and quote your credit or charge card details. The
documents will then be photocopied and forwarded to you by first class post.
Legal packages may also be inspected in the hour before each auction.
Home Reports
The Housing Act (Scotland) 2006 requires most residential
properties being offered for sale to the public to have a HomeReport. Properties
contained within this auction catalogue may have a Home Report. These can be
Countrywide Property Auctions Limited Registered office is at: 17 Duke Street Chelmsford,
Essex CM1 1HP and is Registered in England with Company Number 01506831.
www.countrywidepropertyauctions.co.uk
Guide prices are correct at time of publication, a definition of guide prices can be found in the front of this catalogue under “general important notes” or on our website
Don’t forget your proof of identity on the day - see page 9
5
Order of Sale
Order of Sale
London 17th June
1 Pump House, Marsh Road, Upton, Norwich, Norfolk, NR13 6BS
2 46 Balmoral Road, Fairfield, Liverpool, Merseyside, L6 8NF
3 101 Church Street, Croydon, Surrey, CR0 1RN
4 226 Lea Bridge Road, Leyton, London, E10 7LD
5 Folkestone Suite, The Grand, The Leas, Folkestone, Kent, CT20 2LR
6 68 Ashenground Road, Haywards Heath, West Sussex, RH16 4QD
7 43a Neville Road, Forest Gate, London, E7 9QU
8 Flat 37, Penton House, Hartslock Drive, London, SE2 9UZ
9 42a Hillfield Park, Muswell Hill, London, N10 3QS
10 125 Dover Road, Folkestone, Kent, CT20 1NL
11 12A Deacon Road, London, NW2 5QH
12 Norton Green Barn, Norton Green, Stevenage, Hertfordshire, SG1 2DP
13 128 Mill Road, Kettering, Northamptonshire NN16 0RL
14 42 Old Wainfleet Road, Skegness, Lincolnshire, PE25 3RR
15 Flat 1a, The Old Post Office, Wangford, Beccles, Suffolk, NR34 8RA
16 Flat 3, The Old Post Office, Wangford, Beccles, Suffolk, NR34 8RA
17 Yardley Court, 1166-1168 London Road, Alvaston, Derby, Derbyshire, DE24 8QG
18 18 Forest Drive, Manor Park, London, E12 5DF
19 29 Cullesden Road, Kenley, Surrey, CR8 5LR
20 Outbuilding 201B Crow Lane, Romford, Essex, RM7 0ES
21 Four Winds, Walcott Road, Bacton, Norfolk, NR12 0LS
22 2 Beechcroft Avenue, Stafford, Staffordshire, ST16 1BJ
24 78 George Street, Ryde, Isle of Wight, PO33 2JF
25 16 Pullman Close, Heswall, Wirral, Merseyside, CH60 1YW
26 Land Opposite Mill House, Bulford Mill Lane, Cressing, Braintree, Essex, CM77 8NS
27 11 Liberty Hall Road, Addlestone, Surrey, KT15 1SS
28 The Coach House, Portsmouth Road, Fishers Pond, Hampshire, SO50 7HF
29 Flat 5, Barmouth Court, Cromer Place, Ingol, Preston, Lancashire, PR2 3XR
30 15 Beaver Road, Ashford, Kent, TN23 7SE
31 49/51a Shirley Road, Croydon, Surrey, CR0 7ER
32 7 Felbrigg Walk, Fakenham, Norfolk NR21 7JN
33 8 Felbrigg Walk, Fakenham, Norfolk, NR21 7JN
34 Bryn Berllan, Llanengan, Abersoch, Gwynedd, LL53 7LH
35 17-19 Temple Street, Burnley, Lancashire, BB10 4AD
36 Bryn Onnen, Abersoch, Pwllheli, Gwynedd, LL53 7LB
37 Flat 4, 772 Bristol Road South, Northfield, Birmingham, West Midlands, B31 2NN
38 Flat 3, 80 Warwick Road, Solihull, Birmingham, West Midlands, B92 7JJ
39 Amadeus House, Granville Road, Totland Bay, Isle of Wight, PO39 0AX
40 Hoskyns Chalet, Bwlchtocyn, Gwynedd, LL53 7EU
41 24 Manor Road, Stetchford, Birmingham, West Midlands, B33 8BS
42 Land to West Side at Hawkhirst Road, Kenley, Surrey, CR8 5DN
43 15 New Street, Folkestone, Kent, CT20 1HR
44 Apartment 5, Keepers Gate, 2 Nightingale Road, Derby, Derbyshire, DE24 8AR
45, 46 & 47 35, 37 & 39 Grafton Road, Bedford, Bedfordshire, MK40 1DH
48 28 St. Pauls Road, Northampton, Northamptonshire, NN2 6ES
£15,000 - £25,000
£55,000+
£375,000+
£240,000+
£70,000+
£695,000+
£225,000+
£110,000+
£690,000+
£150,000+
£300,000+
£450,000+
£370,000+
£50,000+
£75,000+
£89,000+
£495,000+
£650,000+
£500,000+
£15,000+
£140,000+
£145,000+
£145,000+
£129,000+
£180,000+
£29,000+
£295,000+
£575,000+
£15,000+
£125,000+
ON APPLICATION
£75,000+
£75,000+
£140,000 - £150,000
£50,000+
£550,000 - £600,000
£73,000+
£45,000+
£200,000+
£350,000 - £400,000
£155,000+
£35,000+
£70,000+
£40,000+
COLLECTIVELY £950,000+
£200,000+
6
Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in.
For further details contact the Auctioneers immediately. Telephone 0870 240 1140.
Summary of Lots by Area
Summary of Lots by Area
BEDFORDSHIRE
45, 46 & 47 35, 37 & 39 Grafton Road, Bedford, Bedfordshire, MK40
1DH
SUFFOLK
15 Flat 1a, The Old Post Office, Wangford, Beccles, Suffolk, NR34 8RA
16 Flat 3, The Old Post Office, Wangford, Beccles, Suffolk, NR34 8RA
DERBYSHIRE
17 Yardley Court, 1166-1168 London Road, Alvaston, Derby, Derbyshire,
DE24 8QG
44 Apartment 5, Keepers Gate, 2 Nightingale Road, Derby, Derbyshire,
DE24 8AR
SURREY
3 101 Church Street, Croydon, Surrey, CR0 1RN
19 29 Cullesden Road, Kenley, Surrey, CR8 5LR
27 11 Liberty Hall Road, Addlestone, Surrey, KT15 1SS
31 49/51a Shirley Road, Croydon, Surrey, CR0 7ER
42 Land to West Side at Hawkhirst Road, Kenley, Surrey, CR8 5DN
ESSEX
20 Outbuilding 201B Crow Lane, Romford, Essex, RM7 0ES
26 Land Opposite Mill House, Bulford Mill Lane, Cressing, Braintree,
Essex, CM77 8NS
HAMPSHIRE
28 The Coach House, Portsmouth Road, Fishers Pond, Hampshire, SO50
7HF
HERTFORDSHIRE
12 Norton Green Barn, Norton Green, Stevenage, Hertfordshire, SG1
2DP
WEST MIDLANDS
37 Flat 4, 772 Bristol Road South, Northfield, Birmingham, West Midlands, B31 2NN
38 Flat 3, 80 Warwick Road, Solihull, Birmingham, West Midlands, B92
7JJ
41 24 Manor Road, Stetchford, Birmingham, West Midlands, B33 8BS
WEST SUSSEX
6 68 Ashenground Road, Haywards Heath, West Sussex, RH16 4QD
ISLE OF WIGHT
24 78 George Street, Ryde, Isle of Wight, PO33 2JF
39 Amadeus House, Granville Road, Totland Bay, Isle of Wight, PO39
0AX
KENT
5 Folkestone Suite, The Grand, The Leas, Folkestone, Kent, CT20 2LR
10 125 Dover Road, Folkestone, Kent, CT20 1NL
30 15 Beaver Road, Ashford, Kent, TN23 7SE
43 15 New Street, Folkestone, Kent, CT20 1HR
LANCASHIRE
29 Flat 5, Barmouth Court, Cromer Place, Ingol, Preston, Lancashire, PR2
3XR
35 17-19 Temple Street, Burnley, Lancashire, BB10 4AD
LINCOLNSHIRE
14 42 Old Wainfleet Road, Skegness, Lincolnshire, PE25 3RR
LONDON
4 226 Lea Bridge Road, Leyton, London, E10 7LD
7 43a Neville Road, Forest Gate, London, E7 9QU
8 Flat 37, Penton House, Hartslock Drive, London, SE2 9UZ
9 42a Hillfield Park, Muswell Hill, London, N10 3QS
11 12A Deacon Road, London, NW2 5QH
18 18 Forest Drive, Manor Park, London, E12 5DF
MERSEYSIDE
2 46 Balmoral Road, Fairfield, Liverpool, Merseyside, L6 8NF
25 16 Pullman Close, Heswall, Wirral, Merseyside, CH60 1YW
NORFOLK
1 Pump House, Marsh Road, Upton, Norwich, Norfolk, NR13 6BS
21 Four Winds, Walcott Road, Bacton, Norfolk, NR12 0LS
32 7 Felbrigg Walk, Fakenham, Norfolk NR21 7JN
33 8 Felbrigg Walk, Fakenham, Norfolk, NR21 7JN
NORTH WALES
34 Bryn Berllan, Llanengan, Abersoch, Gwynedd, LL53 7LH
36 Bryn Onnen, Abersoch, Pwllheli, Gwynedd, LL53 7LB
40 Hoskyns Chalet, Bwlchtocyn, Gwynedd, LL53 7EU
NORTHAMPTONSHIRE
13 128 Mill Road, Kettering, Northamptonshire NN16 0RL
STAFFORDSHIRE
7
Legal packs for all lots are
available to view online
Simply use the Search function to find the property and then click on
the Legal Pack tab. You will need to register but this is free of charge
PROPERTY
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www.countrywide.co.uk
Purchaser’s Proof of Identity
IMPORTANT INFORMATION In order to conform with the Money Laundering Regulations, all prospective purchasers must provide
proof of identity to the Auctioneers at the time that they register to bid immediately prior to the auction. Each purchaser must bring
one document from each of the two lists below:
Personal Identification – Either
Current Signed Passport or
Current UK Driving Licence or
Inland Revenue Tax Notification or
Fire Arms Certificate
Evidence of Address – Either
Public Utility Bill issued within the last three months or
Local Authority Tax Bill or
Bank, Building Society or Credit Union Statement containing current address or
The most recent original Mortgage Statement or
Current UK Driving Licence (if not used as an identity document).
WARNING – YOUR REGISTRATION WILL NOT BE ACCEPTED AND YOU WILL BE UNABLE TO BID IN THE AUCTION UNLESS
ADEQUATE IDENTITY DETAILS AND EVIDENCE OF ADDRESS ARE PROVIDED.
NOTE – ONLY ORIGINAL DOCUMENTS ARE ACCEPTABLE UNLESS CERTIFIED COPIES ARE SUPPLIED BY YOUR SOLICITORS.
IN ADDITION
If you are acting as AGENT on behalf of another party, you will be required to provide the documents detailed above both for yourselves
(The Agent) and the Principal as well as providing a valid letter of authority from the Principal authorising you to bid on their behalf.
If a bidder is acting on behalf of a COMPANY, the above documents will still be required along with written authority from the COMPANY.
CASH WILL NOT BE ACCEPTED FOR PAYMENT OF THE DEPOSIT. DEPOSITS MAY ONLY BE PAID BY A BANKERS DRAFT,
A BUILDING SOCIETY CHEQUE, A COMPANY CHEQUE OR PERSONAL CHEQUE.
9
I would like to extend my warmest wishes and look forward to seeing you at our
London auction on Wednesday 17 June.
The June sale represents our fourth of eight auctions due to
be held in 2015 and with recent uncertainties surrounding the
General Election, now a distant memory, there is no better time
to think about purchasing a property.
MARK TANTON
Director & Head of
London Auctions
We have an excellent mix of properties to offer you in the June
catalogue. 68 Ashenground Road, Haywards Heath consists of
an attractive three bedroom house with one bedroom annexe
offering tremendous and flexible development potential. We
fully expect this property to be snapped up as it is realistically
priced at a guide of £695,000+. The Coach House, Portsmouth
Road, Fishers Pond, Eastleigh, Hampshire is another most
interesting opportunity. It is located in a rural setting just a few
miles north east of Eastleigh and is a four bedroom character
house with a fully operational MOT testing garage /workshop.
Any pressures of commuting to work are completely removed!
Again, this property has been most attractively priced at a
guide of £575,000+. There is truly something for everyone
in the June catalogue and there are many renovation projects
such as 42 Old Wainfleet Road, Skegness, a three bedroom
detached house priced at just £50,000+ or on a more grand
scale Bryn Onnen, Abersoch, in North Wales, is located in a
most pleasant setting needing a comprehensive refurbishment
but also including within its curtilage an income producing
chalet/bungalow all at guide price of £550,00 - £600,000.
Yardley Court, London Road, Alvaston, Derby represents
excellent value at a guide of £495,000+ being a fully
refurbished Class C2 Care Home which is ideal for investment
or as a new business opportunity .
Cullesden Road, Kenley represents a fine opportunity to
improve a detached four bedroom house keenly priced at a
guide of at £500,000+. These properties represent just a few
of the many diverse opportunities we have available in the
June auction.
Remember, you can download legal packs entirely free
and anytime, day or night, by visiting our website www.
countrywidepropertyauctions.co.uk just click on “London” to
see all the lots we have available and register for those that
interest you. If you can’t attend the auction, not a problem...
you can still bid by phone or proxy. You can download the
remote bidding form from our website or from the legal packs
for each property.
On behalf of the London Team I would like to wish you every
success in the June sale.
Mark Tanton B.Sc. (Hons), M.R.I.C.S
Director and Head of London Auctions
There are many interesting lots in London/M25 too. 42a
Hillfield Park, Muswell Hill, a three bedroom maisonette with
private entrance is competitively priced at £690,000+. For
you bargain hunters we have a single storey storage building
at Crow Lane, Romford guided at just £15,000+ and 29
London
Wednesday 17th June at 1.00pm
We are delighted to accept instructions from the following partner agents
IMPORTANT NOTICE The Auctioneers reserve the right to refuse bids from any
prospective purchaser who is unable to provide adequate identification in the from of a
current driving licence or passport, electricity, gas, water or rates account etc.
The Auctioneers may require confirmation of bankers draft deposits to confirm that
they are adequate in amount for the deposits required.
London Auction
LOT
1
PUMP HOUSE, MARSH ROAD, UPTON, NORWICH,
NORFOLK, NR13 6BS
GUIDE PRICE £15,000 - £25,000
A Superb Opportunity to Acquire a Plot of Land and Building with Potential for Development
LOCATION
The former pump house is located 12 miles
to the west of Great Yarmouth and to the east
of Norwcih along the A47. Set on the south
bank of the River Bure with panoramic views
over the countrywide and located within the
Norfolk Broads.
DESCRIPTION
The land has an approximate area of 3,750sq
ft with a brick built building and concrete base
with further potential for extension to covert
to a dwelling (subject to the usual consents
and change of use). The land has views to all
aspects of the countryside and would be an
ideal holiday home. There is also a vehicular
right of way along the track from Pilson Green.
The closest villages are Pilson Green and
South Walsham which have good amenities
including two pubs with restaurants, a post
office/stores, church, a nationally renowned
water garden attractive, village hall, recreation
ground, a centre for training and the arts and
an award winning primary school. There are
also two Broads, a boatyard and a nature
reserve.
TENURE
To Be Confirmed
AUCTION SURVEYOR
Richard Stephens
EPC
Energy Efficiency Rating: To Be Confirmed
VIEWING
Strictly by appointment with our joint agents
Abbotts Wroxham, Tel: 01603 605640.
11
London Auction
LOT
2
46 BALMORAL ROAD, FAIRFIELD, LIVERPOOL,
MERSEYSIDE, L6 8NF
GUIDE PRICE £55,000+
Vacant Three Bedroom Semi Detached Property Requiring a Scheme of Works
LOCATION
The property is located to the east of Liverpool City Centre, which is
approximately 2 miles away. Close by is the University of Liverpool and
Newsham Park. Within a short distance is Prescot Road which is home
to a wide variety of shops, pubs and cafes.
DESCRIPTION
A bay fronted semi detached property with accommodation traditionally
arranged over two floors which now requires a full scheme of works
and modernisation throughout. With two reception rooms and kitchen
to the ground floor and three bedrooms and bathroom to the first floor,
this property represents an excellent opportunity for a developer or
investor.
ACCOMMODATION
Ground Floor Entrance hallway, sitting room, dining room, kitchen and
rear porch.
First Floor Landing, three bedrooms and bathroom.
Outside Rear garden with patio and lawned area.
AUCTION SURVEYOR
James O’Hearne
NOTE
Plan shown is for information only and is not to scale.
EPC
Energy Efficiency Rating: E
TENURE
To Be Confirmed
VIEWING
Entwistle Green Old Swan,
Tel: 0151 220 4443.
LOT
3
101 CHURCH STREET, CROYDON,
SURREY, CR0 1RN
Three Storey Building Arranged as Ground Floor Retail Unit and Residential on Two Upper Floors
LOCATION
The property is situated on Church Street close to its junction with Old
Palace Road. Public transport links are available with West Croydon
Railway Station to the north and East Croydon Railway Station to the
east, together with a network of local bus services and a tramlink
service serving the surrounding vicinity. Road links are also accessible
with the A232 to the south and A23 to the west which provides access
into Central London.
DESCRIPTION
Large mixed residential and commercial investment. The shop has a
total area of 876.15sq ft.
ACCOMMODATION
Basement Basement room.
Ground Floor Large ground floor retail unit with front and rear access.
First Floor Two rooms.
Second Floor Two rooms.
NOTE
EPC
TENURE
Freehold
VIEWING
Thursday 4th June 11.00-11.30
Tuesday 9th June 13.30-14.00
Saturday 11th June 11.00-11.30
Monday 15th June 15.00-15.30
AUCTION SURVEYOR
Max Sachon
12
London Auction
LOT
4
226 LEA BRIDGE ROAD, LEYTON,
LONDON, E10 7LD
Two Bedroom Ground Floor Maisonette with Shared Garden
LOCATION
The property is situated on Lea Bridge Road, linking Leyton to Lea
Bridge. The property is serviced by an abundance of local bus routes
and Leyton Midland Road Rail Station, Walthamstow Queen’s Road Rail
Station, St. James Street Rail Station and Walthamstow Central Tube
Station are all within close proximity.
DESCRIPTION
Victorian ground floor warner maisonette. Set on the ground floor with
its own private entrance and benefitting from a shared garden to the
rear.
ACCOMMODATION
Ground Floor Private entrance, lounge, kitchen, two bedrooms,
bathroom with WC and entrance to communal garden.
General View
TENURE
Leasehold
AUCTION SURVEYOR
Max Sachon
EPC
Energy Efficiency Rating: B
LOT
5
VIEWING
Tuesday 2nd June 12.00-12.30
Wednesday 10th June 15.00-15.30
FOLKESTONE SUITE, THE GRAND, THE LEAS, FOLKESTONE,
KENT, CT20 2LR
Fifth Floor Apartment with Sea Views
LOCATION
Folkestone, a port located on the English Channel, is located at
the eastern end of the M20 which provides fast access to Ashford,
Maidstone, London and the M25. Folkestone is at the eastern end of
the A259 providing access to Hastings, Eastbourne and beyond, with
roads to the north connecting it with Canterbury and nearby villages.
The journey time to London is less than 1 hour by high speed train, with
some taking 52 minutes from Folkestone West. Folkestone’s original
location was in a valley in the sea cliffs and was developed through
both fishing and its proximity to the continent as a landing place and
trading port. Folkestone has the only sandy beach and coastal park
within 1 hour of London and is an elegant Edwardian seaside resort
typified by the Grand Hotel and The Metropole on The Leas.
DESCRIPTION
Period one bedroom apartment set in a listed building.
ACCOMMODATION
Fifth Floor Entrance hall, lounge, kitchen, bedroom with en-suite
bathroom/WC, separate WC and utility room.
Outside Communal gardens.
TENURE
Leasehold
General View
EPC
VIEWING
Strictly by arrangement with our joint agents Geering & Colyer
Folkestone, Tel: 01303 250757.
AUCTION SURVEYOR
Mark Tanton
13
London Auction
LOT
6
68 ASHENGROUND ROAD, HAYWARDS HEATH,
WEST SUSSEX, RH16 4QD
A Delightful Three Bedroom Family Property with Annexe, Swimming Pool and Outbuildings
LOCATION
Haywards Heath is a town in the Mid Sussex
District of West Sussex located 36 miles south
of London and 12 miles north of Brighton. The
property is located on the edge of Haywards
Heath within close proximity of the town
centre with its excellent range of shopping
facilities. The mainline railway station is about
2 miles away offering regular trains to London
in about 50 minutes. Brighton is accessible via
the A23(M) and Gatwick Airport is within a 30
minute drive some 15 miles away.
DESCRIPTION
Currently arranged as a three bedroom main
house and a one bedroom self contained
annexe. The ground floor of both properties
are linked via a door which can be shut
off to keep both the house and annexe
completely separate. The property offers some
development opportunities, subject to gaining
all planning consents, including the erection
of a new detached house on land in the front
garden or demolition of the existing dwelling
and the erection of a number of new houses.
Purchasers should rely entirely on their own
enquiries.
ACCOMMODATION
Ground Floor Entrance hallway, reception
room, dining room, kitchen, office and
cloakroom.
First Floor Three bedrooms, family bathroom
and WC.
Annexe Ground Floor Reception room and
kitchen.
Annexe First Floor Double bedroom with
shower/WC.
Outside Outbuilding with TV/games room,
sauna and conservatory. Front garden largely
lawned, landscaped rear garden centred
around the swimming pool and detached
double garage.
AUCTION SURVEYOR
Mark Tanton
EPC
Energy Efficiency Rating: D
VIEWING
Hamptons International Haywards Heath,
Tel: 01444 419140.
TENURE
Freehold
14
London Auction
LOT
7
43A NEVILLE ROAD, FOREST GATE,
LONDON, E7 9QU
Spacious One Bedroom Ground Floor Victorian Apartment
LOCATION
The property lies on a tree lined road, moments from West Ham Park. A
popular location with Forest Gare (Future Crossrail Station), Upton Park
and Plaistow stations are all within walking distance. Central Stratford is
close by with the popular Westfield Shopping Complex.
DESCRIPTION
A large ground floor one bedroom garden apartment. Comprises
lounge with front aspect bay window, large double bedroom, kitchen/
diner with dual aspect windows and a three piece bathroom suite.
ACCOMMODATION
Ground Floor Lounge, kitchen/diner, bedroom and bathroom.
Outside Rear garden.
TENURE
Leasehold
General View
AUCTION SURVEYOR
Max Sachon
EPC
LOT
8
VIEWING
Saturday 30th May 15.00-15.30
Wednesday 3rd June 15.00-15.30
FLAT 37, PENTON HOUSE, HARTSLOCK DRIVE,
LONDON, SE2 9UZ
A Purpose Built Four Bedroom Apartment
LOCATION
Penton House is situated off Harrow Manor Way (A2041). Public
transport links are provided by Abbey Wood Mainline Rail Station and
local bus routes. The property is located close to the M25 which is
accessed via the A206.
DESCRIPTION
The apartment is located within a 13 floor, purpose built block
benefitting from a lift servicing all floors and is located on the 10th floor.
Previously rented at £1,238.68 pcm.
ACCOMMODATION
Tenth Floor Four bedrooms, bathroom/WC and kitchen/reception
room.
TENURE
Leasehold, 99 years remaining
AUCTION SURVEYOR
Max Sachon
General View
VIEWING
Strictly by appointment with our joint agents Bairstow Eves Woolwich,
Tel: 020 8853 4848.
EPC
15
London Auction
LOT
9
42A HILLFIELD PARK, MUSWELL HILL,
LONDON, N10 3QS
First Floor Three Bedroom Maisonette with a Private Entrance and Private Rear Garden
LOCATION
The apartment is situated in the most
historical part of central Muswell Hill and
enjoys being in close proximity to Muswell
Hill Broadway with its array of amenities and
excellent transport links to Highgate Tube
Station (Northen Line) and 24 hour bus
services into Central London. Other benefits
include being close to Alexandra Palace which
can be accessed via the parkland walk which
is only a short distance from the property.
DESCRIPTION
A first floor three bedroom maisonette with a
private entrance and private rear garden.
TENURE
Leasehold
AUCTION SURVEYOR
Max Sachon
EPC
VIEWING
Saturday 30th May 11.00-12.00
ACCOMMODATION
Ground Floor Private entrance and private
rear garden.
First Floor Three bedrooms, reception room
with open plan kitchen, balcony and stairs
leading down to private rear garden.
Exterior Private rear garden and first floor
balcony.
16
London Auction
LOT 10
125 DOVER ROAD, FOLKESTONE,
KENT, CT20 1NL
Substantial Terraced Property Arranged Over Four Storeys, For Refurbishment
LOCATION
Folkestone is a port, located at the eastern end of the M20 which
provides fast access to Ashford, Maidstone and London. The journey
time is less than 1 hour by high speed train to London from Folkestone
West. The property is located on Dover Road in a mixed commercial
and residential area, lying within 2 miles of the town centre which offers
extensive shopping as well as the train station.
DESCRIPTION
A large terraced property that offers great potential to investors and
developers. The property lends itself to being a single property or the
potential to be divided into apartments subject to gaining the necessary
planning consents. Purchasers should rely on their own enquries.
ACCOMMODATION
Ground Floor Hall, two rooms, utility room and cloakroom.
First Floor Lounge, kitchen and bedroom.
Second Floor Bedroom and bathroom.
Third Floor Bedroom.
Outside Rear garden.
General View
EPC
VIEWING
Bairstow Eves Folkestone,
Tel: 01303 259211.
TENURE
Freehold
AUCTION SURVEYOR
Mark Tanton
LOT 11
12A DEACON ROAD,
LONDON, NW2 5QH
Two Bedroom Ground Floor Maisonette with Private Garden
LOCATION
Deacon Road is only 0.1m away from Dollis Hill Tube Station 0.6m
from Wilsden Green and 0.6m from Neasden Station all on the London
Underground. Shops and amenities are provided along Willesden High
Road.
DESCRIPTION
Two bedroom ground floor maisonette with a private rear garden.
ACCOMMODATION
Ground Floor Reception room, kitchen, two bedrooms and bathroom
with WC.
Exterior The property benefits from a private rear garden.
TENURE
Leasehold
AUCTION SURVEYOR
Max Sachon
EPC
VIEWING
Tuesday 2nd June 12:00-12:30
Wednesday 10th June 14:30-15:00
Monday 15th June 13:00-13:30
17
London Auction
LOT 12
NORTON GREEN BARN, NORTON GREEN, STEVENAGE,
HERTFORDSHIRE, SG1 2DP
Proposed Floor Plan
A Part Built Barn Conversion with PP to be Converted into a Four Bedroom Dwelling
LOCATION
The property is situated at the end of the
metalled public highway in Norton Green
which is a hamlet of residential properties
together with a public house. Norton Green is
separated from Stevenage by the A1(M) with
vehicular access via an underpass. There is a
further pedestrian underpass providing easy
access to the town centre and rail station.
Stevenage has a wide range of educational,
recreational and shopping facilities with
access directly off the A1(M). Mainline rail
station with services to London Kings Cross
(23 minutes.)
DESCRIPTION
Barn conversion with planning permission
(ref is 11/00250/FP). A rare and exciting
development opportunity to acquire this part
built Grade II Listed barn conversion situated
on the outskirts of Knebworth Estate, backing
onto SSSI protected countryside, yet within 1
mile of Stevenage Mainline Railway Station/
town centre. The 3000sq ft accommodation
will provide five bedrooms, four reception
rooms, four bathrooms and a plot of 0.57
acres. The project is not yet to wind/water
tight but has full planning permission, site
insurance, local authority stage inspections
but looking to be sold onto someone else
to finish the project. Worth in the region of
£900,000 when completed.
VIEWING
Call 0870 240 1140 due to the property
being unsafe for public viewings.
ACCOMMODATION
Ground Floor Original barn area.
TENURE
To Be Confirmed
AUCTION SURVEYOR
Max Sachon
EPC
Energy Efficiency Rating: G
18
London Auction
LOT 13
128 MILL ROAD, KETTERING,
NORTHAMPTONSHIRE, NN16 0RL
A Large Residential Corner Building with Development Potential (STP)
LOCATION
Kettering is market town situated in the heart
of Northamptonshire with a range of shops,
leisure facilities and nightlife. With a mainline
rail station to London taking less than 1 hour.
There are also good road links to the A14,
A45, M1 and M6.
DESCRIPTION
The plot comprises 3000sq ft residential
dwelling over two stories and there is also
the benefit of a cellar. Outside there is a
plot of land measuring approximately 60ft
x 80ft, exact measurments will be updated
soon. The plot has previously had planning
permission for six apartments with two parking
spaces each. The site offers great potential
for conversion and really has to be viewed to
understand the scale of what is possible.
ACCOMMODATION
Lower Ground Floor Cellar with three rooms
and fire escape.
Ground Floor Entrance hallway, lounge,
kitchen, dining room, old shop area, shop
storage area with staircase leading to first
floor.
First Floor Three bedrooms and a bathroom.
Exterior Exterior with measurements in the
description.
PLANNING
The property has lapsed planning consent for
four apartments.
TENURE
Freehold
AUCTION SURVEYOR
Max Sachon
EPC
VIEWING
19
London Auction
LOT 14
42 OLD WAINFLEET ROAD, SKEGNESS,
LINCOLNSHIRE, PE25 3RR
An Ideal Renovation Project for an Investor/Builder, Suitable for Resale or Rental Investment
LOCATION
The popular seaside resort of Skegness is
located in Lincolnshire, within commutable
distance to Lincoln, Boston, Grimsby and
Cleethorpes. Skegness is accessible from
the A158 and A16 affording travel through
beautiful rural countryside with some beauitful
landmarks, including old windmills. Skegness
benefits from a train line direct across the east
of England.
DESCRIPTION
The property is situated within close proximity
to the town centre with excellent amenities.
It is a three bedroom detached house which
requires full modernisation and refurbishment.
There is potential to extend and create a
driveway with off road parking, subject to the
necessary consents.
NOTE
Plan shown is for information only and is not
to scale.
TENURE
Freehold
AUCTION SURVEYOR
Richard Stephens
EPC
VIEWING
Bairstow Eves Skegness, Tel: 01754 763337.
ACCOMMODATION
Ground Floor Entrance hall, lounge, dining
room, study, inner hall, kitchen, utility room
and cloakroom.
First Floor Landing, three bedrooms and
bathroom with WC.
Outside Front garden laid to lawn with a
paved area and brick outbuilding. Rear garden
mainly laid to lawn.
20
London Auction
LOT 15
FLAT 1A, THE OLD POST OFFICE, WANGFORD,
BECCLES, SUFFOLK, NR34 8RA
ON THE INSTRUCTIONS OF
LPA RECEIVERS
One Bedroom Apartment in a Grade II Listed Building for Investment/Occupation
LOCATION
Wangford is a village located just off the A12 trunk road on the edge of
the Henham Park estate close to Southwold. Wangford is connected to
the rest of Suffolk by two main roads, the A12 and the B1126. The A12
connects towards Lowestoft to the north and Blythburgh to the south
and the B1126 provides access to Southwold about 3 miles away with
its Heritage Coastline. At the centre of the village there is a community
centre and two pubs. The property is located centrally on the High
Street opposite a bus stop.
DESCRIPTION
One bedroom ground floor apartment set within a magnificent Grade II
Listed building that was formerly a post office.
ACCOMMODATION
Ground Floor Reception room into kitchen area, bedroom and
bathroom.
General View
TENURE
Leasehold
VIEWING
Abbotts Beccles, Tel: 01502 714250.
AUCTION SURVEYOR
Mark Tanton
EPC
LOT 16
FLAT 3, THE OLD POST OFFICE, WANGFORD,
BECCLES, SUFFOLK, NR34 8RA
LPA RECEIVERS
Two Bedroom Apartment in a Grade II Listed Building for Investment/Occupation
LOCATION
Wangford is a village located just off the A12 trunk road on the edge of
the Henham Park estate close to Southwold. Wangford is connected to
the rest of Suffolk by two main roads, the A12 and the B1126. The A12
connects towards Lowestoft to the north and Blythburgh to the south
and the B1126 provides access to Southwold about 3 miles away with
its Heritage Coastline. At the centre of the village there is a community
centre and two pubs. The property is located centrally on the High
Street opposite a bus stop.
DESCRIPTION
Two bedroom second floor apartment set within a magnificent Grade II
Listed building that was formerly a post office.
ACCOMMODATION
Second Floor Hall, reception room, two bedrooms, kitchen and
bathroom.
General View
TENURE
Leasehold
VIEWING
Abbotts Beccles, Tel: 01502 714250.
AUCTION SURVEYOR
Mark Tanton
EPC
21
London Auction
LOT 17
YARDLEY COURT, 1166-1168 LONDON ROAD, ALVASTON,
DERBY, DERBYSHIRE, DE24 8QG
Front View
A Fully Refurbished Class C2 Care Home Ideal for Investment or New Business Opportunity
LOCATION
Derby is situated in the East Midlands
approximately 15 miles to the west of
Nottingham and approximately 9 miles from
Junction 25 of the M1. There is a train service
from Derby to London, St. Pancras which takes
approximately 1.5 hours. Alvaston is located
approximately 3 miles from the centre of
Derby and benefits from good local amenities,
schools, shops and leisure facilities.
DESCRIPTION
A refurbished three storey former care
home set within a residential area boasting
seventeen bedrooms, resident lounges,
conservatory, offices, kitchen and laundry
room. The premises has been updated to
current regulations and could be reopened as
a care home with minimal expenditure.
ACCOMMODATION
Basement Stairs from the ground floor to an
inner hall and two offices. Fire door with stairs
leading to ground floor.
Ground Floor Reception area, nine
bedrooms, shower room, disabled WC, store
room, breakfast room, conservatory, office,
laundry room and lift to the first floor.
First Floor Lounge, six bedrooms, bathroom,
store room, shower room and WC.
Second Floor Two bedrooms.
PLANNING
Interested parties must satisfy themselves as
to the current use and any alternative use for
the property and should contact Derby City
Council, Website: www.derby.gov.uk,
Tel: 01332 293111.
NOTE
The Promaps shown are for approximate
identification purposes only and are not to
scale. Crown copyright reserved.
TENURE
Freehold
AUCTION SURVEYOR
Richard Stephens
EPC
VIEWING
Frank Innes Derby, Tel: 01332 331181 and
Bairstow Eves Derby, Tel: 01132 341200.
22
London Auction
LOT 18
18 FOREST DRIVE, MANOR PARK,
LONDON, E12 5DF
Victorian Semi Detached Property, Requires Restoration and Refurbishment
LOCATION
Forest Drive is one of Manor Park’s most
desirable addresses. It is the connecting road
from Wanstead/Alderbrook Conservation Area
with Romford Road for access to Stratford to
the west and Ilford to the east. The property
for sale is situated less than 5 minutes walk
to Manor Park Railway Station for travel to
Central London or Essex, which is on the
planned Crossrail 1 route.
The property overlooks Manor Park. It’s less
than 2 minutes walk from Wanstead Flats Park.
Wanstead Flats Park is probably the largest
open parkland in East London donated by
the Queen to the people of Forest Gate and
East London. it extends from Manor Park and
Alderbrook though Forest Gate, Leytonstone
into Waltham Forest.
DESCRIPTION
A spacious Victorian property which retains all
of its original features including high ceilings
of approximately 9ft on the ground and first
floors, and substantial basement and loft
space.
ACCOMMODATION
Ground Floor Entrance/hallway, four
reception rooms, doors to garden and an
outside toilet/WC.
First Floor Five bedrooms, family bathroom
and loft access.
Outside Garden, garage and driveway.
NOTE
to scale.
TENURE
Freehold
AUCTION SURVEYOR
Saleem Aziz
EPC
VIEWING
Kingsworth IPG, Tel: 020 7118 5001.
23
London Auction
LOT 19
29 CULLESDEN ROAD, KENLEY,
SURREY, CR8 5LR
A Vacant Two Floor Detached Property with Large Garden and Scope to Improve
LOCATION
The property is located on Cullesden Road which links Firs Road Kenley
to Higher Drive Purley. Transport links include Kenley Railway Station
together with local bus services. Shopping facilities are available locally
with a more comprehensive range to be found in Croydon Town Centre
to the north. Recreational pursuits include local parks and golf courses.
The property lies within the catchment area of a number of reputable
schools.
DESCRIPTION
A four bedroom house with a full width conservatory and a garden of
approximately 100ft.
ACCOMMODATION
Ground Floor Hallway, lounge/diner, kitchen, conservatory and WC.
First Floor Four bedrooms, en-suite shower room/WC and family
bathroom/WC.
Outside Garage, off road parking and front and rear gardens.
TENURE
Freehold
VIEWING
Bairstow Eves Kenley, Tel: 020 8668 1000.
AUCTION SURVEYOR
Saleem Aziz
EPC
LOT 20
OUTBUILDING 201B CROW LANE, ROMFORD,
ESSEX, RM7 0ES
A Single Storey Outbuilding
LOCATION
Romford is located on the Essex/London border. The town has a railway
station linking it to London and Harwich. The A12 and A127 run nearby
providing access to neighbouring towns and the M25 leads to the
motorway networks surronding London.
DESCRIPTION
A single storey outbuilding, the property may have development scope
subject to the necessary consents.
ACCOMMODATION
Ground Floor Storage area.
PLANNING
Purchasers should make their own enquiries with The London Borough
of Havering Council as to the permitted uses and development
possibilities.
TENURE
Leasehold
VIEWING
Strictly by appointment with our joint agents Bairstow Eves,
Tel: 01708 761862.
AUCTION SURVEYOR
Max Sachon
EPC
Energy Efficiency Rating: Not Applicable
24
London Auction
LOT 21
FOUR WINDS, WALCOTT ROAD, BACTON,
NORFOLK, NR12 0LS
A Three Bedroom Detached Bungalow with an Adjoining Plot of Land
LOCATION
Bacton is located on the Norfolk coast, 20
miles north east of Norwich and 12 miles from
the seaside resort of Cromer which has an
unspoilt sandy beach with amenities including
public houses, restaurants, local church,
shop and local school. Further amenities are
available in North Walsham located 6 miles
inland with access to a train station, shops,
leisure and recreational facilities.
AUCTION SURVEYOR
Richard Stephens
EPC
VIEWING
Abbotts Cromer, Tel: 01263 515023.
DESCRIPTION
A non traditional three bedroom detached
bungalow situated on a large plot with an
adjoining plot of land that has been used
previously as a car park with potential for one
hundred and twenty one parking spaces. This
could be an ideal investment for multiple uses
subject to gaining the necessary consents.
ACCOMMODATION
Ground Floor Entrance hall, lounge, inner
hall, kitchen, three bedrooms, bathroom with
WC and side lobby.
Outside Large garden with a timber framed
double garage.
TENURE
To Be Confirmed
25
London Auction
LOT 22
2 BEECHCROFT AVENUE, STAFFORD,
STAFFORDSHIRE, ST16 1BJ
Semi Detached Property Currently Arranged as Two Flats with a Rent Payable of £9,480 p.a.
LOCATION
The property is located on a residential cul-desac accessed from the A518 Newport Road.
Stafford Town Centre is around 1 mile away
to the east, with easy access to the railway
station. It is home to a comprehensive range
of shops, pubs and restaurantes as well as
the Guildhall Shopping Centre. The motorway
network is accessed via Junction 14 of the
M6, which is a short drive away. Further afield,
Stafford gives access to a range of local
attractions, including Cannock Chase one of
Staffordshire’s areas of outstanding natural
beauty.
DESCRIPTION
The property, formally a three bedroom house,
has been reconfigured to provide two self
contained flats. Flat 2 is located on the first
floor and is accessed from the front of the
property. Flat 2A is on the ground floor and
is accessed from the side of the property.
Both are let on assured shorthold tenancies
each with a rent payable of £395 pcm. The
property offers an excellent investment
opportunity but also could be converted back
into a single dwelling.
ACCOMMODATION
FLAT 2A - Ground Floor Kitchen, bathroom,
bedroom, dining room and sitting room.
FLAT 2 - First Floor Kitchen, WC, bathroom,
study/box room, bedroom and sitting room.
Outside Tarmac gardens to front and rear.
TENURE
To Be Confirmed
AUCTION SURVEYOR
James O’Hearne
EPC
VIEWING
Bridgfords Stafford, Tel: 01785 242426.
UNIT
ACCOMMODATION
TENANCY
RENT
REMARKS
2
First Floor Apartment
AST dated 31st January 2015
£395 pcm
12 month term
2A
Ground Floor Apartment
£395 pcm
6 month term
26
London Auction
LOT 23
3 BEECHCROFT AVENUE, STAFFORD,
STAFFORDSHIRE, ST16 1BJ
Semi Detached Property Currently Arranged as Two Flats with a Rent Payable of £10,680 p.a.
LOCATION
The property is located on a residential cul-desac accessed from the A518 Newport Road.
Stafford Town Centre is around 1 mile away
to the east, with easy access to the railway
station. It is home to a comprehensive range
of shops, pubs and restaurantes as well as
the Guildhall Shopping Centre. The motorway
network is accessed via Junction 14 of the
M6, which is a short drive away. Further afield,
Stafford gives access to a range of local
attractions, including Cannock Chase one of
Staffordshire’s areas of outstanding natural
beauty.
and £495 pcm respectively. The property
offers an excellent investment opportunity but
also could be converted back into a single
dwelling.
DESCRIPTION
The property, formally a three bedroom house,
has been reconfigured to provide two self
contained flats. Flat 3 is located on the first
floor and has two bedrooms. Flat 3A is on
the ground floor, was refurbished around 18
months ago and has two bedrooms. Both flat
3 and flat 3A are let on assured shorthold
tenancies with a rent payable of £395 pcm
AUCTION SURVEYOR
James O’Hearne
ACCOMMODATION
FLAT 3A - Ground Floor Kitchen, bathroom,
two bedrooms and sitting room.
FLAT 3 - First Floor Kitchen, bathroom, two
bedrooms and sitting room.
Outside Tarmac gardens to front and rear.
TENURE
To Be Confirmed
EPC
VIEWING
Bridgfords Stafford, Tel: 01785 242426.
UNIT
ACCOMMODATION
TENANCY
RENT
REMARKS
3
First Floor Flat
AST dated 31st August 2013
£395 pcm
12 month term.
Holding over
3A
Ground Floor Flat
£495 pcm
6 month term
27
London Auction
LOT 24
78 GEORGE STREET, RYDE,
ISLE OF WIGHT, PO33 2JF
Former Guest House for Refurbishment with Potential for Conversion
LOCATION
Ryde is the most populated area on the Isle of Wight located on
the north east coast. The town is a popular seaside resort and has
expansive sandy beaches and a Grade II Listed Pier. Ryde Pier is the
fourth largest and oldest pier in the UK. Tourist attractions include a
swimming pool, bowls club, ice rink, bowling alley and boating lake.
George Street is situated in the heart of Ryde with shopping and other
amenities in the vicinity.
DESCRIPTION
Currently a guest house, this property requires modernisation and also
has potential for conversion into a single dwelling or apartments subject
to gaining the necessary planning consents. Purchasers should rely on
their own enquiries.
ACCOMMODATION
Ground Floor Hallway, lounge, kitchen and utility/breakfast room.
Lower First Floor Bedroom and WC.
Upper First Floor Bedroom/sitting room, kitchen, bathroom and
bedroom.
Second Floor Kitchen, bathroom and three bedrooms.
Outside Courtyard.
General View
EPC
VIEWING
Strictly by appointment with our joint agents Watson Bull and Porter
Ryde, Tel: 01983 616161.
TENURE
Freehold
AUCTION SURVEYOR
Mark Tanton
LOT 25
16 PULLMAN CLOSE, HESWALL, WIRRAL,
MERSEYSIDE, CH60 1YW
COUNTRYWIDE CORPORATE
PROPERTY SERVICES
Four Bedroom Detached Property in Merseyside
LOCATION
Located just off the A5137, the property is 2.5 miles from the M53
trunk road. The nearest railway station is 0.1 miles away at Heswall.
DESCRIPTION
Four bedroom detached property in Wirral, in need of minor
refurbishment throughout.
ACCOMMODATION
Ground Floor Entrance hall, cloakroom, dining area, kitchen, lounge
and conservatory.
First Floor Master bedroom with en-suite, three further bedrooms and
family bathroom.
NOTE
There is no land (Garden) to the rear of the property. Please check all
legal documents for further information.
TENURE
Freehold
VIEWING
Strictly by appointment with our joint agents Entwistle Green Preston,
Tel: 0151 676 9404
AUCTION SURVEYOR
Jamie Weir
EPC
28
London Auction
LOT 26
LAND OPPOSITE MILL HOUSE, BULFORD MILL LANE,
CRESSING, BRAINTREE, ESSEX, CM77 8NS
A Parcel of Land with Potential for Other Uses Subject to Obtaining Planning
LOCATION
Cressing is a village located in the Braintree District of Essex. It lies
south east of Braintree off the B1018 which links into the A120 trunk
road. Cressing is an attractive village with two churches, two pubs and
a business park. The plot itself is within an easy walk of Cressing Station
and has gated access via double five bar gates directly from the road.
DESCRIPTION
The plot currently has a large timber framed barn located on it, which
is presently used for storage, whilst the rest is currently sectioned off
for garden areas and a hardstanding area which provides parking for
several vehicles.
PLANNING
We recommended that purchasers rely upon their own enquiries as to
what uses the land may have potential for.
NOTE
VIEWING
Strictly by appointment through our joint agents Bairstow Eves
Braintree, Tel: 01376 320000.
TENURE
Freehold
AUCTION SURVEYOR
Mark Tanton
EPC
LOT 27
11 LIBERTY HALL ROAD, ADDLESTONE,
SURREY, KT15 1SS
An Unlawfully Occupied Property with Further Potential, Currently Arranged As Five Letting Rooms
LOCATION
Addlestone lies just within the M25 and within the Greater London
Urban Area. Liberty Hall Lane is situated off Church Lane and lies just
to the eastern side bordering the M25. All local amenities and rail links
are available in Addlestone Town Centre.
DESCRIPTION
A detached property, formerly part commercial, with living
accommodation arranged over the ground and first floors.
ACCOMMODATION
Ground Floor Three open plan rooms, bedroom, kitchen and separate
WC.
First Floor Four bedrooms, bathroom/WC, shower room/WC and
separate WC.
Outside Front garden, rear yard providing parking and store.
NOTE
The property is occupied by multiple tenants, some of whom have been
at the property for a long duration, none have any tenancies though.
Please refer to the legal pack. Approximate income is believed to be
in excess of £32,000. We are advised that all rents are up to date with
no arrears. Vacant possession cannot be guaranteed. Plan shown is for
information only and is not to scale.
TENURE
Freehold
AUCTION SURVEYOR
Saleem Aziz
EPC
Energy Efficient Rating: E
VIEWING
Gascoigne Pees Addlestone,
Tel: 01932 841216.
29
London Auction
LOT 28
THE COACH HOUSE, PORTSMOUTH ROAD, FISHERS POND,
HAMPSHIRE, SO50 7HF
Substantial Imposing Four Bedroom Detached Property with Garage/Workshop
LOCATION
Fishers Pond is a small hamlet lying to the
north east of Eastleigh on the edge of Colden
Common and situated on the main Winchester
to Portsmouth Road. Fishers Pond is in fact
an artificial lake held back by an earth dam at
one end and located adjacent to Marwell Zoo.
Eastleigh is the closest town and is situated
between Southampton and Winchester.
Southampton Airport is situated in Eastleigh
and Eastleigh Railway Station provides links
to London Waterloo in approximately 75
minutes.
DESCRIPTION
An opportunity to acquire a versatile and
substantial detached four bedroom character
house and a former MOT testing garage and
workshop.
AUCTION SURVEYOR
Mark Tanton
ACCOMMODATION
Ground Floor Entrance hall, cloakroom,
kitchen, dining area, reception room,
bathroom, shower room, WC and bedroom
four.
First Floor Three bedrooms, bathroom and
playroom.
Outside Extensive mature gardens with
driveway and garage incorporating a
fully operational MOT testing garage and
workshop.
EPC
VIEWING
Austin and Wyatt Chandlers Ford,
Tel: 02380 255966.
TENURE
Freehold
30
London Auction
LOT 29
FLAT 5, BARMOUTH COURT, CROMER PLACE, INGOL,
PRESTON, LANCASHIRE, PR2 3XR
PROPERTY SERVICES
One Bedroom First Floor Apartment in Preston
LOCATION
Located on Barry Avenue which is 1.4 miles from the A5085 and 2.1
miles from the nearest railway station at Preston.
DESCRIPTION
One bedroom first floor apartment in need of minor redecorating
throughout.
ACCOMMODATION
First Floor Entrance hall, bedroom, bathroom, kitchen and lounge.
TENURE
Leasehold
AUCTION SURVEYOR
Jamie Weir
General View
EPC
LOT 30
VIEWING
Strictly by appointment with our joint agents Entwistle Green Fulwood,
Tel: 01772 787023.
15 BEAVER ROAD, ASHFORD,
KENT, TN23 7SE
Imposing Period Two Bedroom Property Currently Tenanted Producing £575 pcm
LOCATION
Ashford is adjacent to the M20, approximately 61 miles south east of
central London and approximately 16 miles north west of Folkestone
and is famous for its international links to London and Europe via the
Eurotunnel. Beaver Road is a short distance from Ashford International
Railway Station.
DESCRIPTION
A two bedroom house, currently tenanted on an assured shorthold
tenancy, at a rent payable of £575 pcm. The property is likely to be of
interest to investors and owner occupiers.
ACCOMMODATION
Ground Floor Hall, two reception rooms and kitchen.
First Floor Two bedrooms and bathroom.
Outside Garden area.
TENURE
Freehold, subject to and with the benefit of the occupational tenancy
AUCTION SURVEYOR
Mark Tanton
General View
VIEWING
Mann Countrywide Ashford,
Tel: 01233 639934.
EPC
31
London Auction
LOT 31
49/51A SHIRLEY ROAD, CROYDON,
SURREY, CR0 7ER
GUIDE PRICE ON APPLICATION
LY
U
J
L
I
T
N
U
D
E
N
POSTPO
Mixed Use Residential/Commercial Investment Property with Development Potential
LOCATION
Croydon is a large town in South London and
located 9.5 miles (15.3 km) south of Charing
Cross. The block is situated on the eastern
side of the A215 just south of Ashburton Park
off Lower Addiscombe Road and is next to
Tesco. The immediate area is predominantly
residential with good vehicular and pedestrian
flows throughout the day.
DESCRIPTION
An unbroken freehold block comprising three
commercial premises and three residential
self contained apartments. The top vacant
studio has the opportunity to be enlarged
and refurbished significantly to create a much
larger one/two bedroom unit.
UNIT
FLOOR
49
Ground
Rear of 49/51A
TENURE
Freehold
AUCTION SURVEYOR
Saleem Aziz
EPC
Energy Efficiency Ratings:
Unit 49: To Be Confirmed
Unit to the Rear of 49/51A: To Be Confirmed
Unit 51/51A: To Be Confirmed
Flat 1: To Be Confirmed
Flat 2: To Be Confirmed
Flat 3: F
VIEWING
Call Saleem Aziz, Tel: 07803 830367.
LEASE/TENANCY
RENT
REMARKS
Shop
To Be Confirmed
£4,800 p.a.
(concessionary)
Refer to Legal Pack
Ground
Workshop/
Offices
To Be Confirmed
£6,000 p.a.
Refer to Legal Pack
51/51A
Ground
Shop
To Be Confirmed
£9,250 p.a.
Refer to Legal Pack
Flat 1
First
One Bedroom
AST from May 2013
£9,000 p.a.
Holding Over
Flat 2
Second
One Bedroom
AST from October 2012
£7,560 p.a.
Holding Over
Flat 3
Third
Studio
Vacant
32
London Auction
LOT 32
7 FELBRIGG WALK, FAKENHAM,
NORFOLK, NR21 7JN
Modern Two Storey Property Producing £5,400 p.a.
LOCATION
Fakenham is a town and civil parish in Norfolk. It is situated on the
River Wensum, around 19 miles (30 km) north east of King’s Lynn, 19
miles (30 km) south west of Cromer and 25 miles (40 km) north west of
Norwich.
DESCRIPTION
A tenanted two bedroom mid terraced house.
ACCOMMODATION
Ground Floor Entrance lobby, lounge and kitchen.
First Floor Two bedrooms and bathroom/WC.
Outside Rear garden and allocated parking.
TENURE
Freehold
VIEWING
Strictly by appointment with our joint agents Abbotts Fakenham,
Tel: 01328 779244.
AUCTION SURVEYOR
Saleem Aziz
EPC
Energy Efficiency Rating: C
UNIT
ACCOMMODATION
TENANCY
RENT PAYABLE
Number 7
Two Bedrooms
AST Expiring 31st July 2015
£450 pcm
LOT 33
8 FELBRIGG WALK, FAKENHAM,
NORFOLK, NR21 7JN
Modern Two Storey Property Producing £5,700 p.a.
LOCATION
Fakenham is a town and civil parish in Norfolk. It is situated on the
River Wensum, around 19 miles (30 km) north east of King’s Lynn, 19
miles (30 km) south west of Cromer and 25 miles (40 km) north west of
Norwich.
DESCRIPTION
Two bedroom mid terraced house.
ACCOMMODATION
Ground Floor Entrance lobby, lounge and kitchen.
First Floor Two bedrooms and bathroom/WC.
Outside Rear garden and allocated parking.
TENURE
Freehold
VIEWING
Strictly by appointment with our joint agents Abbotts Fakenham,
Tel: 01328 779244.
AUCTION SURVEYOR
Saleem Aziz
EPC
Energy Efficiency Rating: C
UNIT
ACCOMMODATION
TENANCY
RENT PAYABLE
Number 8
Two Bedrooms
AST Expiring 21st June 2015
£475 pcm
33
London Auction
LOT 34
BRYN BERLLAN, LLANENGAN,
ABERSOCH, GWYNEDD, LL53 7LH
GUIDE PRICE £140,000 - £150,000
Quaint, Detached Cottage Now Vacant Requiring Modernisation Close to Abersoch Village
LOCATION
The property lies on the outskirts of the
picturesque rural village of Llanengan
approximately 1.2 miles from the centre of
Abersoch Village and a similar distance to
the famous surfing beach of Porth Neigwl
(Hell’s Mouth Bay). The Sun Inn public
house lies in the village together with a
historic stone church and community centre.
Abersoch is situated on the Llyn Peninsula
in North Wales and is an extremely popular
seaside destination offering an impressive
range of activities with a particular focus on
watersports. Central Abersoch offers a variety
of small shops as well as bars, restaurants,
cafes and hotels.
DESCRIPTION
A quaint, detached two bedroom cottage in
an elevated position with beautiful countryside
views across to Mynydd Rhiw. The cottage
has a private balcony off the main living room
with terraced gardens to the rear. There is
off road parking and access into an integral
garage. A system of Calor gas central heating
is installed (not tested) and the property
retains many character features of a traditional
stone cottage. It requires improvements and
modernisation to enhance the existing layout.
Outside Off road parking for one/two vehicles
and integral garage. Front paved area and rear
terraced gardens with patio areas.
ACCOMMODATION
Ground Floor Lobby, bathroom, kitchen/
dining area, two bedrooms, rear hall, sitting
room and sun terrace.
VIEWING
Beresford Adams Abersoch,
Tel: 01758 712016.
TENURE
To Be Confirmed.
AUCTION SURVEYOR
James O’Hearne
EPC
34
London Auction
LOT 35
17-19 TEMPLE STREET, BURNLEY,
LANCASHIRE, BB10 4AD
Mixed Use Residential/Commercial Investment Property
LOCATION
Temple Street lies approximately 1 mile to
the east of Burnley Town Centre, close to
Burnley Football Club and has a good range
of amenities within easy reach. Temple Street
and the surrounding area is predominantly
residential with some commercial and retail
units in the wider area. Burnley Central
and Manchester Road railway stations are
approximately 1 mile away and there is good
access to Junction 10 of the M65.
DESCRIPTION
Number 17 is a vacant retail/office premises
with a shop area to the ground floor. The first
floor accommodation could be utilised as
an office or retail/storage space. Overall it
extends to approximately 80sq mts (861sq
ft) and would be of interest to a range of
occupiers, including accountants, hairdressers
or other retail operators.
Number 19 is a tenanted two bedroom
terraced property which, we have been
NUMBER
ACCOMMODATION
Number 17
Ground Floor Sales area.
First Floor Office/retail/storage area with WC.
Number 19
Ground Floor Entrance hall, sitting room,
kitchen and utility room.
First Floor Landing, two bedrooms and
bathroom.
Outside Rear yard.
AUCTION SURVEYOR
James O’Hearne
EPC
Energy Efficiency Rating:
Number 17: F
Number 19: D
VIEWING
Bridgfords Burnley, Tel: 01282 439232.
NOTE
The Promaps shown are for approximate
identification purposes only and are not to
scale. Crown copyright reserved.
TENURE
To Be Confirmed by Vendor’s Solicitor
RENT
REMARKS
£4,420 p.a.
We have been verbally informed of the rent payable and have not had sight of any agreements that may
be in place. Please refer to the legal pack for more information.
17
19
verbally informed, produces a rent payable of
£4,420 p.a. There is a gas fired central heating
system installed (not tested).
Vacant
35
London Auction
LOT 36
BRYN ONNEN, ABERSOCH, PWLLHELI,
GWYNEDD, LL53 7LB
GUIDE PRICE £550,000 - £600,000
Vacant Detached Property for Modernisation or with the Option for Conversion Subject to PP
LOCATION
Bryn Onnen lies on the outskirts of Abersoch
Village which is less than 1 mile away to the
east. The immediate surrounding area has
a number of residential properties with the
landscape merging to a more rural aspect as
the road leads away from Abersoch. Abersoch
is an immensely popular seaside destination
which benefits from a number of shops,
restaurants and pubs in the village itself in
addition to a wide range of leisure pursuits
available in the local area. Of particular
attraction is the range of watersports on offer.
Boat launching facilities are available at the
harbour, the South Caernarvonshire Yacht
Club is located on the nearby headland and
the marina complex in Pwllheli is only 9 miles
away. Also in the village, and located close by
to Bryn Onnen, is Abersoch Golf Club which
has recently been voted the 17th best course
in Wales by Golf Monthly Magazine. It provides
a challenging test of links and parkland golf
with stunning views across the bay.
DESCRIPTION
Bryn Onnen represents an interesting
opportunity for a purchaser. Overall the
property stands in grounds which are
roughly rectangular in shape and extends to
approximately 0.77 acres (0.31 hectares).
Within the grounds is a chalet style bungalow
which is occupied under a newly created
assured shorthold tenancy for a maximum
period of 15 years and we would encourage
any potential vendors to consult the legal
pack with regard to this situation. The property
is a detached dwelling house extending to
approximately 1,596.88sq ft (148.36sq mts)
plus the conservatory. The accommodation is
traditionally arranged over two floors and is in
need of comprehensive renovation works to
bring it up to acceptable modern standards.
The ground floor accommodation comprises
shower room, two reception rooms and a
kitchen which is clear of all fittings. There is
also a sizeable conservatory to the rear of the
property accessed from both the reception
rooms leading to a patio area with views down
the rear garden.
ACCOMMODATION
Ground Floor Entrance porch, entrance
hallway, shower room, sitting room, dining
room, kitchen (no fittings) and conservatory.
36
London Auction
First Floor Landing leading to balcony
overlooking the front of the property, four
bedrooms, bathroom and separate WC.
Outside Front gardens with driveway
leading to parking area for several vehicles,
a detached double garage and WC. The rear
of the property is a predominantly lawned
garden with an annexe area for the chalet
bungalow separated from the main garden in
part enclosed by fencing.
PLANNING
In September 2014 planning permission was
applied for to demolish the existing garage
and conservatory and convert and extend
the existing dwelling to form three, two storey
dwellings together with two attached, self
contained apartments. We have been verbally
informed that this planning permission has
been granted subject to the Section 106
agreement.
All enquiries should be directed to Gwynedd
Council’s planning service.
Address: Planning Service, Council Offices,
Ffordd y Cob, Pwllheli, Gwynedd. LL53 5AA
Website: www.gwynedd.gov.uk,
Tel: 01766 771000
NOTE
Measurements have been taken using the
Promap Mapping System. The Promap shown
is for approximate identification purposes only
and is not to scale. Crown copyright reserved.
TENURE
To Be Confirmed
AUCTION SURVEYOR
James O’Hearne
EPC
VIEWING
Tel: 01758 712016
37
London Auction
LOT 37
FLAT 4, 772 BRISTOL ROAD SOUTH, NORTHFIELD,
BIRMINGHAM, WEST MIDLANDS, B31 2NN
A Modernised Three Bedroom Duplex Flat, Ideal as a Buy to Let Investment Opportunity
LOCATION
Northfield is located 6 miles to the south west of Birmingham City
Centre and has access to Junction 4 of the M5/M42. Northfield Train
Station giving access to Birmingham New Street and across the country.
Northfield benefits from a thriving centre with excellent shopping,
schooling, leisure and recreational facilities.
DESCRIPTION
This duplex flat is situated in a central location to Northfield’s High
Street and gives access to shops, cafes, restaurants and bus routes to
further afield. The property is an ideal investment as a buy to let with
three bedrooms and access to the centre of Northfield.
ACCOMMODATION
Ground Floor Access to the side through door to:
First Floor Living room, dining room, kitchen and hall with staricase.
Second Floor Landing with three bedrooms and bathroom with WC.
VIEWING
Strictly by appointment with our joint agents Dixons Northfield,
Tel: 0121 478 0900.
TENURE
To Be Confirmed
AUCTION SURVEYOR
Richard Stephens
EPC
LOT 38
FLAT 3, 80 WARWICK ROAD, SOLIHULL, BIRMINGHAM,
WEST MIDLANDS, B92 7JJ
A One Bedroom Flat Requiring Modernisation, Ideal as Buy to Let Investment
LOCATION
Situated on the A41, 6 miles south east of Birmingham City Centre
is the area of Olton near Solihull, with excellent bus routes across
Birmingham and a local train station for travel across the country.
Access to Junction 5 of the M42 is within 4 miles and Birmingham
International Airport is also within easy access.
DESCRIPTION
An upper floor one bedroom apartment comprising lounge, bedroom,
kitchen, bathroom and off road parking. The property requires
modernisation and refurbishment and could easily be a buy to let
investment being within 1 mile of local shops, cafes, takeaways and
schooling. It is also ideally placed for the commuter.
ACCOMMODATION
Ground Floor Stairs leading to the second floor.
Second Floor Entrance hall, lounge, kitchen, bedroom and bathroom
with WC.
Outside Off road parking to the rear.
TENURE
Leasehold
AUCTION SURVEYOR
Richard Stephens
General View
EPC
VIEWING
Bairstow Eves Acocks Green,
Tel: 0121 706 6203.
38
London Auction
LOT 39
AMADEUS HOUSE, GRANVILLE ROAD, TOTLAND BAY,
ISLE OF WIGHT, PO39 0AX
General View
Three Bedroom Maisonette with Attic Space Offering Potential for Conversion
LOCATION
Totland Bay is a village located to the north of
Totland at the western tip of the Isle of Wight.
It lies close to Colwell Bay which is the closest
part of the island to the British mainland.
Freshwater is located to the east and
Yarmouth to the north, both are accessible on
a frequent bus service. Granville Road links
onto The Broadway which in turn links onto
the A3055 to Freshwater.
DESCRIPTION
Three bedroom maisonette with potential to
convert the attic space subject to gaining the
relevant planning consents. Purchasers should
rely on their own enquiries.
ACCOMMODATION
Ground Floor Kitchen and hall.
First Floor Master bedroom with en-suite, two
further bedrooms, living room and bathroom.
Outside Rear car parking area.
NOTE
There is an attic space which could be
converted into further living accommodation
subject to obtaining the necessary planning
consents.
EPC
VIEWING
Watson Bull and Porter Freshwater,
Tel: 01983 752018.
TENURE
To Be Confirmed
AUCTION SURVEYOR
Mark Tanton
39
London Auction
LOT 40
HOSKYNS CHALET, BWLCHTOCYN, GWYNEDD,
LL53 7EU
GUIDE PRICE £350,000 - £400,000
Rare Opportunity, Plot of Land with Chalet Close to Abersoch Beachfront
LOCATION
Bwlchtocyn is a highly renowned residential
headland to the southerly side of Abersoch
approximately 2.5 miles from the restaurants,
pubs and shops on offer within the village.
Boat launching facilities are available below
the plot, South Caernarfonshire Yacht Club
is located on the headland at the opposite
end of the beach and the marina complex in
Pwllheli is only 9 miles away. The needs of
the golf enthusiasts are met by the courses
in Abersoch and nearby Nefyn and Pwllheli
and an unmade vehicular track across the
Abersoch Golf Course provides an alternative
route to the village.
In addition there are beautiful walks to
enjoy over the surrounding countryside and
onto the newly opened part of the coastal
footpath which leads along the coastline from
Bwlchtocyn to Porth Ceiriad. The lot comprises
a freehold parcel of land in a highly sought
after area of Abersoch, within 100 yards of
the Machroes end of Abersoch main beach
and enjoys magnificent views of the beach,
Cardigan Bay and the Snowdonia Mountain
range.
DESCRIPTION
A unique opportunity to acquire a freehold
parcel of land which also includes, beyond the
sea wall, a small stretch of beach above the
high water mark (as shown on the OS plan).
The plot extends to approximately 0.117
acres (0.047 hectares) and currently has a
modern three bedroom chalet sited upon it.
Extending to around 36ft x 20ft, the chalet
is surrounded by timber decking enjoying
the wonderful views across the beach. The
accommodation comprises entrance hallway,
kitchen, utility room, sitting room and three
bedrooms with the master having an en-suite
shower room.
There is vehicular parking to the rear of the
chalet (the adjoining property has a 12ft wide
access through the main gateway). A public
path to the side leads down to the beach.
The site forms part of a larger plot with the
adjoining Hoskyns Bungalow.
40
London Auction
ACCOMMODATION
Ground Floor Entrance hall, sitting room,
kitchen, utility room, three bedrooms,
en-suite shower room to master bedroom and
bathroom.
Outside There is a timber decked area
surrounding the chalet with further space for
vehicular parking and a path to the side of the
property gives access to the beach.
NOTE
The chalet was previously occupied as a
permanent residence and can be occupied
throughout the year with no lease charges,
other than the normal service charges i.e.
water and electricity etc.
PLANNING
All enquiries should be directed to Gwynedd
Council’s planning service.
Address: Planning Service, Council Offices,
Ffordd y Cob, Pwllheli, Gwynedd. LL53 5AA
Website: www.gwynedd.gov.uk
Tel: 01766 771000
AUCTION SURVEYOR
James O’Hearne
VIEWING
Tel: 01758 712016.
TENURE
Freehold
EPC
41
London Auction
LOT 41
24 MANOR ROAD, STETCHFORD, BIRMINGHAM,
WEST MIDLANDS, B33 8BS
A Mid Terraced Property Currently Tenanted with an Approximate Income of £18,000 p.a.
LOCATION
Located 6 miles to the east of Birmingham City Centre with access
to Setchford Train Station and good local bus routes. It is 7 miles
from Junction 6 of the M42 and benefits from a range of local shops,
schools, leisure and recreational facilities. Further excellent amenities
are available within the city centre as well.
DESCRIPTION
A mid terraced property which is currently tenanted and generating
approximately £18,000 p.a. with six letting rooms. An ideal investment
opportunity with a regular set income within a residential area, within
close proximity of amenities and the local railway station for travel to
Birmingham City Centre and beyond.
NOTE
The Promap shown is for approximate identification purposes only and
is not to scale. Crown copyright reserved.
VIEWING
Dixons Yardley, Tel: 0121 784 7744.
TENURE
To Be Confirmed
AUCTION SURVEYOR
Richard Stephens
EPC
LOT 42
LAND TO WEST SIDE AT HAWKHIRST ROAD, KENLEY,
SURREY, CR8 5DN
Vacant Woodland Plot Located in an Established and Popular Residential Area
LOCATION
Kenley is a district in the south of the London Borough of Croydon. It
borders Purley, Coulsdon, Riddlesdown, Caterham and Whyteleafe.
Kenley is situated 13 miles south of Charing Cross. Hawkhirst Road is
accessed from Valley Road and is a no through road. Situated just west
of the A22.
DESCRIPTION
A mainly triangular plot with road access.
NOTE
The Promap shown is for approximate identification purposes only and
is not to scale. Crown copyright reserved.
TENURE
Freehold
AUCTION SURVEYOR
Saleem Aziz
VIEWING
By application to the site.
EPC
42
London Auction
LOT 43
15 NEW STREET, FOLKESTONE,
KENT, CT20 1HR
PROPERTY SERVICES
A Monkey Puzzle Style Terraced Property in Need of Complete Refurbishment
LOCATION
The property is situated within close proximity to local shops, schools
and other amenities. Folkestone Town Centre and the train station are
within easy reach.
DESCRIPTION
A monkey puzzle style terraced house set over three floors. This
unusual property is in need of a complete refurbishment. The
accommodation comprises to the ground floor a hallway with an
understairs cupboard, lounge and a further room with plumbing
which could be transformed into a kitchen. To the first floor there is
a bedroom and to the second floor there is a further bedroom and a
bathroom. There is also an attic room with restricted head height to the
third floor. Outside there is a small paved courtyard, however the door
from the ground floor is currently blocked off.
ACCOMMODATION
Ground Floor Lounge and kitchen.
First Floor Bedroom.
Second Floor Bedroom and bathroom.
Third Floor Loft space.
NOTE
TENURE
Freehold
LOT 44
AUCTION SURVEYOR
Jamie Weir
EPC
Energy Efficiency Rating: F
VIEWING
Bairstow Eves Folkestone,
Tel: 01303 250757.
APARTMENT 5, KEEPERS GATE, 2 NIGHTINGALE ROAD,
DERBY, DERBYSHIRE, DE24 8AR
PROPERTY SERVICES
Ground Floor Two Bedroom Apartment in Derby
LOCATION
Located between Alvaston and Derby City Centre. Alvaston provides a
variety of amenities and easy access to intu Derby Shopping Centre.
DESCRIPTION
Well presented two bedroom apartment comprising entrance hall with
an open plan lounge/kitchen, master bedroom with en-suite, second
bedroom and bathroom. Externally, there is a private car park with an
allocated parking space. The apartment is well maintained and modern
throughout.
ACCOMMODATION
Ground Floor Open plan kitchen/lounge, two bedrooms, master ensuite and bathroom.
TENURE
Leasehold
General View
AUCTION SURVEYOR
Jamie Weir
VIEWING
Frank Innes Derby, Tel: 01332 331181.
EPC
43
London Auction
LOTS
45, 46, 47
35, 37 & 39 GRAFTON ROAD, BEDFORD,
BEDFORDSHIRE, MK40 1DH
THREE BUILDINGS TO BE OFFERED COLLECTIVELY. Part Let HMO Investment Providing 24
Letting Rooms, a One Bedroom Apartment and a Two Bedroom Apartment. Currently Producing
£102,960 p.a. with an Estimated Rental Value of £142,216 p.a. When Fully Let
LOCATION
TENURE
These properties are in Bedford Town Centre. The local shops and amenities of
Bedford Town are a short distance away. Bedford Train Station lies less than 1 mile
away and offers a fast train service into London St. Pancras. The properties are
located close to Bedford University Campus making it ideal for student rentals.
Freehold
Max Sachon
DESCRIPTION
EPC
Three freehold buildings providing 24 letting rooms, a one bedroom apartment
and a two bedroom apartment. All three properties have communal lounge/
kitchen areas and communal bathrooms on the ground and second floors.
NOTE
Number 35 has the potential for additional rooms to be created in the attic space,
subject to the necessary planning permissions. This property does not have an
HMO licence. Numbers 37 and 39 currently have full HMO licences.
Plans shown are for information only and are not to scale.
AUCTION SURVEYOR
Energy Efficiency Ratings:
Number 35: D
Number 37: D
Number 39: F
VIEWING
Friday 29th May 14.00-14.30
Wednesday 3rd June 14.00-14.30
Friday 12th June 14.00-14.30
NUMBER 35
ROOM NUMBER
ROOM TYPE
WEEKLY INCOME
Ground
1
Room
ERV £95
Ground
2
Room
ERV £95
Ground
Communal Kitchen
Ground
Communal Bathroom
First
3
Room
ERV £95
First
4
Room
ERV £95
5
Room
ERV £95
Ground
Flat 1
Two Bedrooms
£203
Current Income = £10,560 PA
ERV = £35,256
NUMBER 37
ROOM NUMBER
ROOM TYPE
RENTAL INCOME
Ground
1
Room
£130
Ground
2
Room
£100
Ground
Communal Kitchen
Ground
Communal Shower with WC
First
3
Room
£70
First
4
Room
£100
First
5
Room
£90
First
6
Room
£100
First
7
Room
£100
First
Communal Bathroom with WC
Second
8
Room
£100
Second
9
Room
£100
Total Income = £47,840 PA
NUMBER 39
ROOM NUMBER
ROOM TYPE
RENTAL INCOME
Ground
1
Room
ERV £95
Ground
2
Room
£100
Ground
Communal Kitchen
Ground
Communal Reception Room
Ground
Communal Bathroom with WC
First
3
Room
ERV £95
First
4
Room
£100
First
5
Room
£80
First
6
Room
£90
First
7
Room
£80
Second
8
Room
£95
Second
9
Room
£95
Second
10
Room
£90
Ground
Flat 1
One Bedroom
£126.92
Total Income = £44,560 PA
ERV = £59,120
44
London Auction
General View
Floorplan for Number 35
General View
General View
45
London Auction
LOT 46
LOT
48
28 ST. PAULS ROAD, NORTHAMPTON,
NORTHAMPTONSHIRE, NN2 6ES
Mid Terraced Property Generating a Net Income of £24,696 p.a.
LOCATION
Northampton is a large market town situated
in the heart of England, with excellent road
and rail links to both London and Birmingham.
The property itself is located close to the town
centre, Northampton Train Station and The
University of Northampton.
DESCRIPTION
A mid terraced property which has been
divided into two bedsits with a shared kitchen
in the basement and three self contained flats.
ACCOMMODATION
Basement Kitchen for bedsits A and C.
Ground Floor Communal hall with bike and
bin storage. Bedsit A with shower room. Flat B
comprises hall, lounge, kitchen, bedroom and
en-suite shower room.
First Floor Communal hall. Bedsit C with
shower and WC. Flat D with hall, lounge,
kitchen, WC, shower room and bedroom.
Second Floor Landing. Flat E with hall,
lounge/kitchen, WC and bedroom with
shower.
NOTE
to scale.
TENURE
Freehold
AUCTION SURVEYOR
Max Sachon
EPC
Energy Efficiency Ratings: To Be Confirmed
VIEWING
Taylors Northampton, Tel: 01604 624033.
UNIT
ACCOMMODATION
RENT PAYABLE
REMARKS
A
Room
£303 pcm
Utilities Included
B
One Bedroom Flat
£550 pcm
Utilities Included
C
Room
£355 pcm
Utilities Included.
One Person Council Tax, approximately £70 pcm
D
One Bedroom Flat
£475 pcm
Utilities Included
E
One Bedroom Flat
£375 pcm
Utilities Included
46
Legal packs for all lots are
available to view online
Simply use the Search function to find the property and then click on
the Legal Pack tab. You will need to register but this is free of charge
PROPERTY
Common Auction Conditions
Common Auction Conditions (3rd Edition August 2009 – reproduced with the consent of the RICS).
The general conditions (including any extra general conditions) apply to the contract except to the
extent that they are varied by special conditions or by an addendum.
INTRODUCTION
The Common Auction Conditions have been produced for real
estate auctions in England and Wales to set a common standard
across the industry. They are in three sections:
1.
Glossary – The glossary gives special meanings to
certain words used in both sets of conditions.
2.
Auction Conduct Conditions – The Auction Conduct
Conditions govern the relationship between the
auctioneer and anyone who has a catalogue, or who
attends or bids at the auction. They cannot be changed
without the auctioneer’s agreement.
We recommend that these conditions are set out in a
two-part notice to bidders in the auction catalogue, part
one containing advisory material – which auctioneers
can tailor to their needs – and part two the auction
conduct conditions.
3.
Sale Conditions – The Sale Conditions govern the
agreement between each seller and buyer. They include
general conditions of sale and template forms of special
conditions of sale, tenancy and arrears schedules and a
sale memorandum.
Important notice
A prudent buyer will, before bidding for a lot at an auction:
• Take professional advice from a conveyancer and,
in appropriate cases, a chartered surveyor and an
accountant;
• Read the conditions;
• Inspect the lot;
• Carry out usual searches and make usual enquiries;
• Check the content of all available leases and other
documents relating to the lot;
• Check that what is said about the lot in the catalogue is
accurate;
• Have finance available for the deposit and purchase
price;
• Check whether VAT registration and election is
advisable;
The conditions assume that the buyer has acted like a prudent
buyer. If you choose to buy a lot without taking these normal
precautions you do so at your own risk.
GLOSSARY
This glossary applies to the auction conduct conditions and the
sale conditions. Wherever it makes sense:
• singular words can be read as plurals, and plurals as
singular words;
• a “person” includes a corporate body;
• words of one gender include the other genders;
• references to legislation are to that legislation as it may
have been modified or re-enacted by the date of the
auction or the contract date (as applicable); and
• where the following words printed in bold black type
appear in bold blue type they have the specified
meanings.
Actual completion date The date when completion takes
place or is treated as taking place for the purposes of
apportionment and calculating interest.
Addendum An amendment or addition to the conditions or
to the particulars or to both whether contained in a
supplement to the catalogue, a written notice from the
auctioneers or an oral announcement at the auction.
Agreed completion date Subject to condition G9.3: (a) the
date specified in the special conditions; or (b) if no date
is specified, 20 business days after the contract date;
but if that date is not a business day the first subsequent
business day.
Approved financial institution Any bank or building society
that has signed up to the Banking Code or Business
Banking Code or is otherwise acceptable to the
auctioneers.
Arrears Arrears of rent and other sums due under the tenancies
and still outstanding on the actual completion date.
Arrears schedule The arrears schedule (if any) forming part of
the special conditions.
Auction The auction advertised in the catalogue.
Auction conduct conditions The conditions so headed,
including any extra auction conduct conditions.
Auctioneers The auctioneers at the auction.
Business day Any day except (a) a Saturday or a Sunday; (b) a
bank holiday in England and Wales; or (c) Good Friday or
Christmas Day.
Buyer The person who agrees to buy the lot or, if applicable,
that person’s personal representatives: if two or more
are jointly the buyer their obligations can be enforced
against them jointly or against each of them separately.
Catalogue The catalogue to which the conditions refer
including any supplement to it.
Completion Unless otherwise agreed between seller and buyer
(or their conveyancers) the occasion when both seller
and buyer have complied with their obligations under the
contract and the balance of the price is unconditionally
received in the seller’s conveyancer’s client account.
Condition One of the auction conduct conditions or sales
conditions.
Contract The contract by which the seller agrees to sell and the
buyer agrees to buy the lot.
Contract date The date of the auction or, if the lot is not sold
at the auction: (a) the date of the sale memorandum
signed by both the seller and buyer; or (b) if contracts
are exchanged, the date of exchange. If exchange is not
effected in person or by an irrevocable agreement to
exchange made by telephone, fax or electronic mail the
date of exchange is the date on which both parts have
been signed and posted or otherwise placed beyond
normal retrieval.
Documents Documents of title (including, if title is registered,
the entries on the register and the title plan) and other
documents listed or referred to in the special conditions
relating to the lot.
Financial charge A charge to secure a loan or other financial
indebtness (not including a rentcharge).
General conditions That part of the sale conditions so headed,
including any extra general conditions.
Interest rate If not speciﬁed in the special conditions, 4%
above the base rate from time to time of Barclays Bank
plc. (The interest rate will also apply to judgment debts,
if applicable.)
Lot Each separate property described in the catalogue or (as the
case may be) the property that the seller has agreed to
sell and the buyer to buy (including chattels, if any).
Old arrears Arrears due under any of the tenancies that are not
“new tenancies” as defined by the Landlord and Tenant
(Covenants) Act 1995.
Particulars The section of the catalogue that contains
descriptions of each lot (as varied by any addendum).
Practitioner An insolvency practitioner for the purposes of
the Insolvency Act 1986 (or, in relation to jurisdictions
outside the United Kingdom, any similar official).
Price The price that the buyer agrees to pay for the lot.
Ready to complete Ready, willing and able to complete: if
completion would enable the seller to discharge all
financial charges secured on the lot that have to be
discharged by completion, then those outstanding
financial charges do not prevent the seller from being
ready to complete.
Sale conditions The general conditions as varied by any
special conditions or addendum.
Sale memorandum The form so headed (whether or not set out
in the catalogue) in which the terms of the contract for
the sale of the lot are recorded.
Seller The person selling the lot. If two or more are jointly the
seller their obligations can be enforced against them
jointly or against each of them separately.
Special conditions Those of the sale conditions so headed that
relate to the lot.
Tenancies Tenancies, leases, licences to occupy and agreements
for lease and any documents varying or supplemental
to them.
Tenancy schedule The tenancy schedule (if any) forming part of
the special conditions.
Transfer Transfer includes a conveyance or assignment (and “to
transfer” includes “to convey” or “to assign”).
TUPE The Transfer of Undertakings (Protection of Employment)
Regulations 2006.
VAT Value Added Tax or other tax of a similar nature.
VAT option An option to tax.
We (and us and our) The auctioneers.
You (and your) Someone who has a copy of the catalogue or
who attends or bids at the auction, whether or not a
buyer.
AUCTION CONDUCT CONDITIONS
A1
Introduction
A1.1
Words in bold blue type have special meanings, which
are defined in the Glossary.
A1.2
The catalogue is issued only on the basis that you
accept these auction conduct conditions. They govern
our relationship with you and cannot be disapplied or
varied by the sale conditions (even by a condition
purporting to replace the whole of the Common Auction
Conditions). They can be varied only if we agree.
A2
Our role
A2.1
As agents for each seller we have authority to:
• (a) prepare the catalogue from information supplied by
or on behalf of each seller;
• (b) offer each lot for sale;
• (c) sell each lot;
• (d) receive and hold deposits;
• (e) sign each sale memorandum; and
• (f) treat a contract as repudiated if the buyer fails to
sign a sale memorandum or pay a deposit as required
by these auction conduct conditions.
A2.2
A2.3
A2.4
A3
A3.1
A3.2
A3.3
A3.4
A3.5
A3.6
A4
A4.1
A4.2
A4.3
A4.4
A5
A5.1
A5.2
A5.3
A5.4
A5.5
A5.6
A5.7
A5.8
Our decision on the conduct of the auction is final.
We may cancel the auction, or alter the order in which
lots are offered for sale. We may also combine or divide
lots. A lot may be sold or withdrawn from sale prior to
the auction.
You acknowledge that to the extent permitted by law we
owe you no duty of care and you have no claim against
us for any loss.
Bidding and reserve prices
All bids are to be made in pounds sterling exclusive of
any applicable VAT.
We may refuse to accept a bid. We do not have to
explain why.
If there is a dispute over bidding we are entitled to
resolve it, and our decision is final.
Unless stated otherwise each lot is subject to a reserve
price (which may be fixed just before the lot is offered for
sale). If no bid equals or exceeds that reserve price the
lot will be withdrawn from the auction.
Where there is a reserve price the seller may bid (or
ask us or another agent to bid on the seller’s behalf)
up to the reserve price but may not make a bid equal
to or exceeding the reserve price. You accept that it
is possible that all bids up to the reserve price are bids
made by or on behalf of the seller.
Where a guide price (or range of prices) is given that
guide is the minimum price at which, or range of prices
within which, the seller might be prepared to sell at the
date of the guide price. But guide prices may change.
The last published guide price will normally be at or
above any reserve price, but not always – as the seller
may fix the final reserve price just before bidding
commences.
The particulars and other information
We have taken reasonable care to prepare particulars
that correctly describe each lot. The particulars are
based on information supplied by or on behalf of the
seller. You need to check that the information in the
particulars is correct.
If the special conditions do not contain a description
of the lot, or simply refer to the relevant lot number,
you take the risk that the description contained in
the particulars is incomplete or inaccurate, as the
particulars have not been prepared by a conveyancer
and are not intended to form part of a legal contract.
The particulars and the sale conditions may change
prior to the auction and it is your responsibility to check
that you have the correct versions.
If we provide information, or a copy of a document,
provided by others we do so only on the basis that we
are not responsible for the accuracy of that information
or document.
The contract
A successful bid is one we accept as such (normally on
the fall of the hammer). This condition A5 applies to you
if you make the successful bid for a lot.
You are obliged to buy the lot on the terms of the
sale memorandum at the price you bid plus VAT (if
applicable).
You must before leaving the auction:
• (a) provide all information we reasonably need from
you to enable us to complete the sale memorandum
(including proof of your identity if required by us);
• (b) sign the completed sale memorandum; and
• (c) pay the deposit.
If you do not we may either:
• (a) as agent for the seller treat that failure as your
repudiation of the contract and offer the lot for sale
again: the seller may then have a claim against you for
breach of contract; or
• (b) sign the sale memorandum on your behalf.
The deposit:
• (a) is to be held as stakeholder where VAT would be
chargeable on the deposit were it to be held as agent
for the seller, but otherwise is to be held as stated in
the sale conditions; and
• (b) must be paid in pounds sterling by cheque or by
bankers’ draft made payable to us on an approved
financial institution. The extra auction conduct
conditions may state if we accept any other form of
payment.
We may retain the sale memorandum signed by or on
behalf of the seller until the deposit has been received in
cleared funds.
If the buyer does not comply with its obligations under
the contract then:
• (a) you are personally liable to buy the lot even if you
are acting as an agent; and
• (b) you must indemnify the seller in respect of any loss
the seller incurs as a result of the buyer’s default.
Where the buyer is a company you warrant that the
buyer is properly constituted and able to buy the lot.
48
A6
A6.1
Extra Auction Conduct Conditions
Despite any special condition to the contrary the
minimum deposit we accept is £2,000 (or the total price,
if less). A special condition may, however, require a
higher minimum deposit.
Words in bold type have special meanings, which are
defined in the Glossary.
The general conditions (including any extra general conditions)
apply to the contract except to the extent that they are varied by
special conditions or by an addendum.
G1. The lot
G1.1
The lot (including any rights to be granted or reserved,
and any exclusions from it) is described in the special
conditions, or if not so described the lot is that referred
to in the sale memorandum.
G1.2
The lot is sold subject to any tenancies disclosed by the
special conditions, but otherwise with vacant possession
on completion.
G1.3
The lot is sold subject to all matters contained or
referred to in the documents, but excluding any financial
charges: these the seller must discharge on or before
completion.
G1.4
The lot is also sold subject to such of the following as
may affect it, whether they arise before or after the
contract date and whether or not they are disclosed by
the seller or are apparent from inspection of the lot or
from the documents:
• (a) matters registered or capable of registration as local
land charges;
• (b) matters registered or capable of registration by any
competent authority or under the provisions of any
statute;
• (c) notices, orders, demands, proposals and
requirements of any competent authority;
• (d) charges, notices, orders, restrictions, agreements
and other matters relating to town and country
planning, highways or public health;
• (e) rights, easements, quasi-easements, and wayleaves;
• (f) outgoings and other liabilities;
• (g) any interest which overrides, within the meaning of
the Land Registration Act 2002;
• (h) matters that ought to be disclosed by the searches
and enquiries a prudent buyer would make, whether or
not the buyer has made them; and
• (i) anything the seller does not and could not
reasonably know about.
G1.5
Where anything subject to which the lot is sold would
expose the seller to liability the buyer is to comply with it
and indemnify the seller against that liability.
G1.6
The seller must notify the buyer of any notices, orders,
demands, proposals and requirements of any competent
authority of which it learns after the contract date but
the buyer must comply with them and keep the seller
indemnified.
G1.7
The lot does not include any tenant’s or trade fixtures or
fittings.
G1.8
Where chattels are included in the lot the buyer takes
them as they are at completion and the seller is not
liable if they are not fit for use.
G1.9
The buyer buys with full knowledge of:
• (a) the documents, whether or not the buyer has read
them; and
• (b) the physical condition of the lot and what could
reasonably be discovered on inspection of it, whether
or not the buyer has inspected it.
G1.10 The buyer is not to rely on the information contained
in the particulars but may rely on the seller’s
conveyancer’s written replies to preliminary enquiries to
the extent stated in those replies.
G2.
Deposit
G2.1
The amount of the deposit is the greater of:
• (a) any minimum deposit stated in the auction conduct
conditions (or the total price, if this is less than that
minimum); and
• (b) 10% of the price (exclusive of any VAT on the
price).
G2.2
The deposit
• (a) must be paid in pounds sterling by cheque or
banker’s draft drawn on an approved financial
institution (or by any other means of payment that the
auctioneers may accept); and
• (b) is to be held as stakeholder unless the auction
conduct conditions provide that it is to be held as
agent for the seller.
G2.3
Where the auctioneers hold the deposit as stakeholder
they are authorised to release it (and interest on it if
applicable) to the seller on completion or, if completion
does not take place, to the person entitled to it under the
sale conditions.
G2.4
If a cheque for all or part of the deposit is not cleared on
first presentation the seller may treat the contract as at
an end and bring a claim against the buyer for breach of
contract.
G2.5
Interest earned on the deposit belongs to the seller
unless the sale conditions provide otherwise.
G3.
Between contract and completion
G3.1
Unless the special conditions state otherwise, the seller
G3.2
G3.3
G3.4
G4.
G4.1
G4.2
G4.3
G4.4
G4.5
G4.6
G5.
is to insure the lot from and including the contract date
to completion and:
• (a) produce to the buyer on request all relevant
insurance details;
• (b) pay the premiums when due;
• (c) if the buyer so requests, and pays any additional
premium, use reasonable endeavours to increase the
sum insured or make other changes to the policy;
• (d) at the request of the buyer use reasonable
endeavours to have the buyer’s interest noted on the
policy if it does not cover a contracting purchaser;
• (e) unless otherwise agreed, cancel the insurance at
completion, apply for a refund of premium and (subject
to the rights of any tenant or other third party) pay that
refund to the buyer; and
• (f) (subject to the rights of any tenant or other third
party) hold on trust for the buyer any insurance
payments that the seller receives in respect of loss or
damage arising after the contract date or assign to
the buyer the benefit of any claim; and the buyer must
on completion reimburse to the seller the cost of that
insurance (to the extent not already paid by the buyer
or a tenant or other third party) for the period from and
including the contract date to completion.
No damage to or destruction of the lot nor any
deterioration in its condition, however caused, entitles
the buyer to any reduction in price, or to delay
completion, or to refuse to complete.
Section 47 of the Law of Property Act 1925 does not
apply.
Unless the buyer is already lawfully in occupation of the
lot the buyer has no right to enter into occupation prior
to completion.
Title and identity
Unless condition G4.2 applies, the buyer accepts the
title of the seller to the lot as at the contract date and
may raise no requisition or objection except in relation to
any matter that occurs after the contract date.
If any of the documents is not made available before the
auction the following provisions apply:
• (a) The buyer may raise no requisition on or objection
to any of the documents that is made available before
the auction.
• (b) If the lot is registered land the seller is to give to the
buyer within five business days of the contract date
an official copy of the entries on the register and title
plan and, where noted on the register, of all documents
subject to which the lot is being sold.
• (c) If the lot is not registered land the seller is to give
to the buyer within five business days an abstract or
epitome of title starting from the root of title mentioned
in the special conditions (or, if none is mentioned, a
good root of title more than fifteen years old) and must
produce to the buyer the original or an examined copy
of every relevant document.
• (d) If title is in the course of registration, title is to consist
of certified copies of:
• (i) the application for registration of title made to the
land registry;
• (ii) the documents accompanying that application;
• (iii) evidence that all applicable stamp duty land tax
relating to that application has been paid; and
• (iv) a letter under which the seller or its conveyancer
agrees to use all reasonable endeavours to answer any
requisitions raised by the land registry and to instruct
the land registry to send the completed registration
documents to the buyer.
• (e) The buyer has no right to object to or make
requisitions on any title information more than seven
business days after that information has been given to
the buyer.
Unless otherwise stated in the special conditions the
seller sells with full title guarantee except that (and the
transfer shall so provide):
• (a) the covenant set out in section 3 of the Law of
Property (Miscellaneous Provisions) Act 1994 shall not
extend to matters recorded in registers open to public
inspection; these are to be treated as within the actual
knowledge of the buyer; and
• (b) the covenant set out in section 4 of the Law of
Property (Miscellaneous Provisions) Act 1994 shall not
extend to any condition or tenant’s obligation relating
to the state or condition of the lot where the lot is
leasehold property.
The transfer is to have effect as if expressly subject to
all matters subject to which the lot is sold under the
contract.
The seller does not have to produce, nor may the buyer
object to or make a requisition in relation to, any prior or
superior title even if it is referred to in the documents.
The seller (and, if relevant, the buyer) must produce to
each other such confirmation of, or evidence of, their
identity and that of their mortgagees and attorneys (if
any) as is necessary for the other to be able to comply
with applicable Land Registry Rules when making
application for registration of the transaction to which the
conditions apply.
Transfer
G5.1
G5.2
G5.3
G6.
G6.1
G6.2
G6.3
G6.4
G6.5
G6.6
G7.
G7.1
G7.2
G7.3
G7.4
G8.
G9.
G9.1
G9.2
G9.3
G9.4
G9.5
G9.6
Unless a form of transfer is prescribed by the special
conditions:
• (a) the buyer must supply a draft transfer to the
seller at least ten business days before the agreed
completion date and the engrossment (signed as
a deed by the buyer if condition G5.2 applies) five
business days before that date or (if later) two business
days after the draft has been approved by the seller;
and
• (b) the seller must approve or revise the draft transfer
within five business days of receiving it from the buyer.
If the seller remains liable in any respect in relation to
the lot (or a tenancy) following completion the buyer is
specifically to covenant in the transfer to indemnify the
seller against that liability.
The seller cannot be required to transfer the lot to
anyone other than the buyer, or by more than one
transfer.
Completion
Completion is to take place at the offices of the seller’s
conveyancer, or where the seller may reasonably require,
on the agreed completion date. The seller can only be
required to complete on a business day and between
the hours of 0930 and 1700.
The amount payable on completion is the balance of the
price adjusted to take account of apportionments plus (if
applicable) VAT and interest.
Payment is to be made in pounds sterling and only by:
• (a) direct transfer to the seller’s conveyancer’s client
account; and
• (b) the release of any deposit held by a stakeholder.
Unless the seller and the buyer otherwise agree,
completion cannot take place until both have complied
with their obligations under the contract and the balance
of the price is unconditionally received in the seller’s
conveyancer’s client account.
If completion takes place after 1400 hours for a reason
other than the seller’s default it is to be treated, for the
purposes of apportionment and calculating interest, as if
it had taken place on the next business day.
Where applicable the contract remains in force following
completion.
Notice to complete
The seller or the buyer may on or after the agreed
completion date but before completion give the other
notice to complete within ten business days (excluding
the date on which the notice is given) making time of the
essence.
The person giving the notice must be ready to
complete.
If the buyer fails to comply with a notice to complete the
seller may, without affecting any other remedy the seller
has:
• (a) terminate the contract;
• (b) claim the deposit and any interest on it if held by a
stakeholder;
• (c) forfeit the deposit and any interest on it;
• (d) resell the lot; and
• (e) claim damages from the buyer.
If the seller fails to comply with a notice to complete the
buyer may, without affecting any other remedy the buyer
has:
• (a) terminate the contract; and
• (b) recover the deposit and any interest on it from the
seller or, if applicable, a stakeholder.
If the contract is brought to an end
If the contract is lawfully brought to an end:
• (a) the buyer must return all papers to the seller and
appoints the seller its agent to cancel any registration
of the contract; and
• (b) the seller must return the deposit and any interest
on it to the buyer (and the buyer may claim it from the
stakeholder, if applicable) unless the seller is entitled to
forfeit the deposit under condition G7.3.
Landlord’s licence
Where the lot is or includes leasehold land and licence
to assign is required this condition G9 applies.
The contract is conditional on that licence being
obtained, by way of formal licence if that is what the
landlord lawfully requires.
The agreed completion date is not to be earlier than the
date five business days after the seller has given notice
to the buyer that licence has been obtained.
The seller must:
• (a) use all reasonable endeavours to obtain the licence
at the seller’s expense; and
• (b) enter into any authorised guarantee agreement
properly required.
The buyer must:
• (a) promptly provide references and other relevant
information; and
• (b) comply with the landlord’s lawful requirements.
If within three months of the contract date (or such
longer period as the seller and buyer agree) the licence
has not been obtained the seller or the buyer may (if not
then in breach of any obligation under this condition G9)
by notice to the other terminate the contract at any time
before licence is obtained. That termination is without
Guide Prices are correct at time of publication, a definition of guide prices can be found in the front of this catalogue under “general important notes” or on our website
49
prejudice to the claims of either seller or buyer for
breach of this condition G9.
G10.
Interest and apportionments
G10.1 If the actual completion date is after the agreed
completion date for any reason other than the seller’s
default the buyer must pay interest at the interest rate
on the price (less any deposit paid) from the agreed
completion date up to and including the actual
completion date.
G10.2 Subject to condition G11 the seller is not obliged to
apportion or account for any sum at completion unless
the seller has received that sum in cleared funds.
The seller must pay to the buyer after completion
any sum to which the buyer is entitled that the seller
subsequently receives in cleared funds.
G10.3 Income and outgoings are to be apportioned at actual
completion date unless:
• (a) the buyer is liable to pay interest; and
• (b) the seller has given notice to the buyer at any time
up to completion requiring apportionment on the date
from which interest becomes payable by the buyer;
• in which event income and outgoings are to be
apportioned on the date from which interest becomes
payable by the buyer.
G10.4 Apportionments are to be calculated on the basis that:
• (a) the seller receives income and is liable for outgoings
for the whole of the day on which apportionment is to
be made;
• (b) annual income and expenditure accrues at an equal
daily rate assuming 365 days in a year, and income and
expenditure relating to some other period accrues at
an equal daily rate during the period to which it relates;
and
• (c) where the amount to be apportioned is not known at
completion apportionment is to be made by reference
to a reasonable estimate and further payment is to
be made by seller or buyer as appropriate within five
business days of the date when the amount is known.
G11.
Arrears
Part 1 Current rent
G11.1 “Current rent” means, in respect of each of the tenancies
subject to which the lot is sold, the instalment of rent
and other sums payable by the tenant in advance on the
most recent rent payment date on or within four months
preceding completion.
G11.2 If on completion there are any arrears of current rent the
buyer must pay them, whether or not details of those
arrears are given in the special conditions.
G11.3 Parts 2 and 3 of this condition G11 do not apply to
arrears of current rent.
Part 2 Buyer to pay for arrears
G11.4 Part 2 of this condition G11 applies where the special
conditions give details of arrears.
G11.5 The buyer is on completion to pay, in addition to any
other money then due, an amount equal to all arrears of
which details are set out in the special conditions.
G11.6 If those arrears are not old arrears the seller is to assign
to the buyer all rights that the seller has to recover those
arrears.
Part 3 Buyer not to pay for arrears
G11.7 Part 3 of this condition G11 applies where the special
conditions:
• (a) so state; or
• (b) give no details of any arrears.
G11.8 While any arrears due to the seller remain unpaid the
buyer must:
(a) try to collect them in the ordinary course of
management but need not take legal proceedings or
forfeit the tenancy;
(b) pay them to the seller within five business days of
receipt in cleared funds (plus interest at the interest rate
calculated on a daily basis for each subsequent day’s
delay in payment);
(c) on request, at the cost of the seller, assign to the
seller or as the seller may direct the right to demand and
sue for old arrears, such assignment to be in such form
as the seller’s conveyancer may reasonably require;
(d) if reasonably required, allow the seller’s conveyancer
to have on loan the counterpart of any tenancy against
an undertaking to hold it to the buyer’s order;
(e) not without the consent of the seller release any
tenant or surety from liability to pay arrears or accept a
surrender of or forfeit any tenancy under which arrears
are due; and
(f) if the buyer disposes of the lot prior to recovery of
all arrears obtain from the buyer’s successor in title a
covenant in favour of the seller in similar form to part 3
of this condition G11.
G11.9 Where the seller has the right to recover arrears it must
not without the buyer’s written consent bring insolvency
proceedings against a tenant or seek the removal of
goods from the lot.
G12.
Management
G12.1 This condition G12 applies where the lot is sold subject
to tenancies.
G12.2 The seller is to manage the lot in accordance with its
standard management policies pending completion.
G12.3 The seller must consult the buyer on all management
issues that would affect the buyer after completion (such
G13.
G13.1
G13.2
G13.3
G14.
G14.1
G14.2
G15.
G15.1
G15.2
G15.3
G15.4
G15.5
G15.6
G16.
G16.1
as, but not limited to, an application for licence; a rent
review; a variation, surrender, agreement to surrender or
proposed forfeiture of a tenancy; or a new tenancy or
agreement to grant a new tenancy) and:
• (a) the seller must comply with the buyer’s reasonable
requirements unless to do so would (but for the
indemnity in paragraph (c)) expose the seller to a
liability that the seller would not otherwise have, in
which case the seller may act reasonably in such a way
as to avoid that liability;
• (b) if the seller gives the buyer notice of the seller’s
intended act and the buyer does not object within five
business days giving reasons for the objection the
seller may act as the seller intends; and
• (c) the buyer is to indemnify the seller against all loss
or liability the seller incurs through acting as the buyer
requires, or by reason of delay caused by the buyer.
Rent deposits
This condition G13 applies where the seller is holding
or otherwise entitled to money by way of rent deposit in
respect of a tenancy. In this condition G13 “rent deposit
deed” means the deed or other document under which
the rent deposit is held.
If the rent deposit is not assignable the seller must on
completion hold the rent deposit on trust for the buyer
and, subject to the terms of the rent deposit deed,
comply at the cost of the buyer with the buyer’s lawful
instructions.
Otherwise the seller must on completion pay and assign
its interest in the rent deposit to the buyer under an
assignment in which the buyer covenants with the seller
to:
• (a) observe and perform the seller’s covenants and
conditions in the rent deposit deed and indemnify the
seller in respect of any breach;
• (b) give notice of assignment to the tenant; and
• (c) give such direct covenant to the tenant as may be
required by the rent deposit deed.
VAT
Where a sale condition requires money to be paid
or other consideration to be given, the payer must
also pay any VAT that is chargeable on that money or
consideration, but only if given a valid VAT invoice.
Where the special conditions state that no VAT option
has been made the seller confirms that none has been
made by it or by any company in the same VAT group
nor will be prior to completion.
Transfer as a going concern
Where the special conditions so state:
• (a) the seller and the buyer intend, and will take all
practicable steps (short of an appeal) to procure, that
the sale is treated as a transfer of a going concern; and
• (b) this condition G15 applies.
The seller confirms that the seller
• (a) is registered for VAT, either in the seller’s name or as
a member of the same VAT group; and
• b) has (unless the sale is a standard-rated supply) made
in relation to the lot a VAT option that remains valid
and will not be revoked before completion.
The buyer confirms that:
• (a) it is registered for VAT, either in the buyer’s name or
as a member of a VAT group;
• (b) it has made, or will make before completion, a VAT
option in relation to the lot and will not revoke it before
or within three months after completion;
• (c) article 5(2B) of the Value Added Tax (Special
Provisions) Order 1995 does not apply to it; and
• (d) it is not buying the lot as a nominee for another
person.
The buyer is to give to the seller as early as possible
before the agreed completion date evidence:
• (a) of the buyer’s VAT registration;
• (b) that the buyer has made a VAT option; and
• (c) that the VAT option has been notified in writing to
HM Revenue and Customs; and if it does not produce
the relevant evidence at least two business days before
the agreed completion date, condition G14.1 applies
at completion.
The buyer confirms that after completion the buyer
intends to:
• (a) retain and manage the lot for the buyer’s own
benefit as a continuing business as a going concern
subject to and with the benefit of the tenancies; and
• (b) collect the rents payable under the tenancies and
charge VAT on them
If, after completion, it is found that the sale of the lot is
not a transfer of a going concern then:
• (a) the seller’s conveyancer is to notify the buyer’s
conveyancer of that finding and provide a VAT invoice
in respect of the sale of the lot;
• (b) the buyer must within five business days of receipt
of the VAT invoice pay to the seller the VAT due; and
• (c) if VAT is payable because the buyer has not
complied with this condition G15, the buyer must
pay and indemnify the seller against all costs, interest,
penalties or surcharges that the seller incurs as a result.
Capital allowances
This condition G16 applies where the special conditions
state that there are capital allowances available in
respect of the lot.
G16.2 The seller is promptly to supply to the buyer all
information reasonably required by the buyer in
connection with the buyer’s claim for capital allowances.
G16.3 The value to be attributed to those items on which capital
allowances may be claimed is set out in the special
conditions.
G16.4 The seller and buyer agree:
• (a) to make an election on completion under Section
198 of the Capital Allowances Act 2001 to give effect
to this condition G16; and
• (b) to submit the value specified in the special
conditions to HM Revenue and Customs for the
purposes of their respective capital allowance
computations.
G17.
Maintenance agreements
G17.1 The seller agrees to use reasonable endeavours to
transfer to the buyer, at the buyer’s cost, the benefit
of the maintenance agreements specified in the special
conditions.
G17.2 The buyer must assume, and indemnify the seller in
respect of, all liability under such contracts from the
actual completion date.
G18.
Landlord and Tenant Act 1987
G18.1 This condition G18 applies where the sale is a relevant
disposal for the purposes of part I of the Landlord and
Tenant Act 1987.
G18.2 The seller warrants that the seller has complied with
sections 5B and 7 of that Act and that the requisite
majority of qualifying tenants has not accepted the offer.
G19.
Sale by practitioner
G19.1 This condition G19 applies where the sale is by a
practitioner either as seller or as agent of the seller.
G19.2 The practitioner has been duly appointed and is
empowered to sell the lot.
G19.3 Neither the practitioner nor the firm or any member
of the firm to which the practitioner belongs has any
personal liability in connection with the sale or the
performance of the seller’s obligations. The transfer is to
include a declaration excluding that personal liability.
G19.4 The lot is sold:
• (a) in its condition at completion;
• (b) for such title as the seller may have; and
• (c) with no title guarantee; and the buyer has no
right to terminate the contract or any other remedy
if information provided about the lot is inaccurate,
incomplete or missing.
G19.5 Where relevant:
• (a) the documents must include certified copies of
those under which the practitioner is appointed, the
document of appointment and the practitioner’s
acceptance of appointment; and
• (b) the seller may require the transfer to be by the
lender exercising its power of sale under the Law of
Property Act 1925.
G19.6 The buyer understands this condition G19 and
agrees that it is fair in the circumstances of a sale by a
practitioner.
G20.
TUPE
G20.1 If the special conditions state “There are no employees
to which TUPE applies”, this is a warranty by the seller to
this effect.
G20.2 If the special conditions do not state “There are no
employees to which TUPE applies” the following
paragraphs apply:
• (a) The seller must notify the buyer of those employees
whose contracts of employment will transfer to the
buyer on completion (the “Transferring Employees”).
This notification must be given to the buyer not less
than 14 days before completion.
• (b) The buyer confirms that it will comply with its
obligations under TUPE and any special conditions in
respect of the Transferring Employees.
• (c) The buyer and the seller acknowledge that pursuant
and subject to TUPE, the contracts of employment
between the Transferring Employees and the seller will
transfer to the buyer on completion.
• (d) The buyer is to keep the seller indemnified
against all liability for the Transferring Employees after
completion.
G21.
Environmental
G21.1 This condition G21 only applies where the special
conditions so provide.
G21.2 The seller has made available such reports as the
seller has as to the environmental condition of the
lot and has given the buyer the opportunity to carry
out investigations (whether or not the buyer has read
those reports or carried out any investigation) and the
buyer admits that the price takes into account the
environmental condition of the lot.
G21.3 The buyer agrees to indemnify the seller in respect of all
liability for or resulting from the environmental condition
of the lot.
G22.
Service Charge
G22.1 This condition G22 applies where the lot is sold subject
to tenancies that include service charge provisions.
G22.2 No apportionment is to be made at completion in
respect of service charges.
50
G22.3
G22.4
G22.5
G22.6
G23.
G23.1
G23.2
G23.3
G23.4
G23.5
G23.6
G23.7
G23.8
G24.
G24.1
G24.2
G24.3
G24.4
Within two months after completion the seller must
provide to the buyer a detailed service charge account
for the service charge year current on completion
showing:
• (a) service charge expenditure attributable to each
tenancy;
• (b) payments on account of service charge received
from each tenant;
• (c) any amounts due from a tenant that have not been
received;
• (d) any service charge expenditure that is not
attributable to any tenancy and is for that reason
irrecoverable.
In respect of each tenancy, if the service charge account
shows that:
• (a) payments on account (whether received or still
then due from a tenant) exceed attributable service
charge expenditure, the seller must pay to the buyer
an amount equal to the excess when it provides the
service charge account;
• (b) attributable service charge expenditure exceeds
payments on account (whether those payments have
been received or are still then due), the buyer must use
all reasonable endeavours to recover the shortfall from
the tenant at the next service charge reconciliation date
and pay the amount so recovered to the seller within
five business days of receipt in cleared funds; but in
respect of payments on account that are still due from a
tenant condition G11 (arrears) applies.
In respect of service charge expenditure that is not
attributable to any tenancy the seller must pay the
expenditure incurred in respect of the period before
actual completion date and the buyer must pay the
expenditure incurred in respect of the period after actual
completion date. Any necessary monetary adjustment
is to be made within five business days of the seller
providing the service charge account to the buyer.
If the seller holds any reserve or sinking fund on account
of future service charge expenditure or a depreciation
fund:
• (a) the seller must pay it (including any interest earned
on it) to the buyer on completion; and
• (b) the buyer must covenant with the seller to hold it
in accordance with the terms of the tenancies and to
indemnify the seller if it does not do so.
Rent reviews
This condition G23 applies where the lot is sold subject
to a tenancy under which a rent review due on or before
the actual completion date has not been agreed or
determined.
The seller may continue negotiations or rent review
proceedings up to the actual completion date but may
not agree the level of the revised rent or commence rent
review proceedings without the written consent of the
buyer, such consent not to be unreasonably withheld or
delayed.
Following completion the buyer must complete
rent review negotiations or proceedings as soon as
reasonably practicable but may not agree the level
of the revised rent without the written consent of the
seller, such consent not to be unreasonably withheld or
delayed.
The seller must promptly:
• (a) give to the buyer full details of all rent review
negotiations and proceedings, including copies of all
correspondence and other papers; and
• (b) use all reasonable endeavours to substitute the
buyer for the seller in any rent review proceedings.
The seller and the buyer are to keep each other
informed of the progress of the rent review and have
regard to any proposals the other makes in relation to it.
When the rent review has been agreed or determined
the buyer must account to the seller for any increased
rent and interest recovered from the tenant that relates
to the seller’s period of ownership within five business
days of receipt of cleared funds.
If a rent review is agreed or determined before
completion but the increased rent and any interest
recoverable from the tenant has not been received
by completion the increased rent and any interest
recoverable is to be treated as arrears.
The seller and the buyer are to bear their own costs in
relation to rent review negotiations and proceedings.
Tenancy renewals
This condition G24 applies where the tenant under a
tenancy has the right to remain in occupation under part
II of the Landlord and Tenant Act 1954 (as amended) and
references to notices and proceedings are to notices and
proceedings under that Act.
Where practicable, without exposing the seller to
liability or penalty, the seller must not without the
written consent of the buyer (which the buyer must not
unreasonably withhold or delay) serve or respond to any
notice or begin or continue any proceedings.
If the seller receives a notice the seller must send a
copy to the buyer within five business days and act as
the buyer reasonably directs in relation to it.
Following completion the buyer must:
G24.5
G25.
G25.1
G25.2
G25.3
G26.
G27.
G27.1
G27.2
G28.
G28.1
G28.2
G28.3
G28.4
G29.
G30.1
• (a) with the co-operation of the seller take immediate
steps to substitute itself as a party to any proceedings;
• (b) use all reasonable endeavours to conclude any
proceedings or negotiations for the renewal of the
tenancy and the determination of any interim rent as
soon as reasonably practicable at the best rent or rents
reasonably obtainable; and
• (c) if any increased rent is recovered from the tenant
(whether as interim rent or under the renewed tenancy)
account to the seller for the part of that increase that
relates to the seller’s period of ownership of the lot
within five business days of receipt of cleared funds.
The seller and the buyer are to bear their own costs
in relation to the renewal of the tenancy and any
proceedings relating to this.
Warranties
Available warranties are listed in the special conditions.
Where a warranty is assignable the seller must:
• (a) on completion assign it to the buyer and give notice
of assignment to the person who gave the warranty;
and
• (b) apply for (and the seller and the buyer must use all
reasonable endeavours to obtain) any consent to assign
that is required. If consent has not been obtained by
completion the warranty must be assigned within five
business days after the consent has been obtained.
If a warranty is not assignable the seller must after
completion:
• (a) hold the warranty on trust for the buyer; and
• (b) at the buyer’s cost comply with such of the lawful
instructions of the buyer in relation to the warranty as
do not place the seller in breach of its terms or expose
the seller to any liability or penalty.
No assignment
The buyer must not assign, mortgage or otherwise
transfer or part with the whole or any part of the buyer’s
interest under this contract.
Registration at the Land Registry
This condition G27.1 applies where the lot is leasehold
and its sale either triggers first registration or is a
registrable disposition. The buyer must at its own
expense and as soon as practicable:
• (a) procure that it becomes registered at Land Registry
as proprietor of the lot;
• (b) procure that all rights granted and reserved by the
lease under which the lot is held are properly noted
against the affected titles; and
• (c) provide the seller with an official copy of the register
relating to such lease showing itself registered as
proprietor.
This condition G27.2 applies where the lot comprises
part of a registered title. The buyer must at its own
expense and as soon as practicable:
• (a) apply for registration of the transfer;
• (b) provide the seller with an official copy and title plan
for the buyer’s new title; and
• (c) join in any representations the seller may properly
make to Land Registry relating to the application.
Notices and other communications
All communications, including notices, must be in writing.
Communication to or by the seller or the buyer may be
given to or by their conveyancers.
A communication may be relied on if:
• (a) delivered by hand; or
• (b) made electronically and personally acknowledged
(automatic acknowledgement does not count); or
• (c) there is proof that it was sent to the address of the
person to whom it is to be given (as specified in the
sale memorandum) by a postal service that offers
normally to deliver mail the next following business
day.
A communication is to be treated as received:
• (a) when delivered, if delivered by hand; or
• (b) when personally acknowledged, if made
electronically; but if delivered or made after 1700 hours
on a business day a communication is to be treated as
received on the next business day.
A communication sent by a postal service that offers
normally to deliver mail the next following business day
will be treated as received on the second business day
after it has been posted.
Contracts (Rights of Third Parties) Act 1999
No one is intended to have any benefit under the
contract pursuant to the Contract (Rights of Third Parties)
Act 1999.
Generally Each Property is sold in accordance with Royal
Institute of Chartered Surveyors (RICS) Common Auctions
Conditions, Edition 3, (“the Common Auction Conditions”)
subject to the following, each taking precedence over the
other in descending order:
(i) The Special Conditions of Sale for each Property if
applicable (“the Special Conditions”), plus The Law
Society’s conditions known as the Standard Conditions
of Sale (Fifth Edition) if applicable, as set out in the Legal
Pack;
(ii) These Extra Conditions of Sale (otherwise known as
the Extra Conditions of Sale);
(iii) The Auction Addendum.
The Buyer is deemed to buy the Property knowing and
G30.2
G30.3
G30.4
G30.5
G30.6
G30.7
G30.8
G30.9
fully accepting all the above conditions and should take
independent legal advice if in doubt.
Auction Procedure All prospective purchasers
must register their attendance in the auction room by
completing a registration form. They must provide such
confirmation of their identity and evidence of their home
address as the Auctioneer in his absolute discretion
considers acceptable. Persons not registering, or who
are unable to provide adequate evidence of identity or
address, will not be permitted to bid in the auction. On
the Property being knocked down by the Auctioneer, the
successful bidder must immediately attend the Settling
Table and sign two copies of the Auction Memorandum
for the Property. The successful bidder must also pay
the necessary deposit (see clause G30.3) and the
Auctioneer’s Administration Charge (see clause G30.4).
Deposit The Buyer will pay a deposit of 10% of the
purchase price or £2,000, or such other figure stipulated
by the Seller’s solicitor, whichever shall be the greater,
to the Auctioneer on or before signing the Auction
Memorandum. Unless the Special Conditions for the
lot in question state to the contrary, the Auctioneer
shall hold as agent of the Seller, save for that part
representing the Auctioneers’ charges to the Seller. The
deposit shall be paid by way of Banker’s Draft or other
such method the Auctioneer in his absolute discretion
may accept. Cash will not be accepted. Any interest
accruing on monies held by the Auctioneers will be
retained by them to offset administration.
Auctioneers Administrative Charge The Buyer
will pay to the Auctioneer an administrative charge as
outlined on the Addendum, including VAT on or before
the earliest of signing the Auction Memorandum or
exchange of contract.
Sale Particulars The Property is believed to be and
shall be taken to be correctly described in the Auction
Catalogue (“the Catalogue”). The Auctioneer has
prepared the Catalogue from information provided by
or on behalf of the Seller and the Auctioneer shall not
be responsible for any errors in the Catalogue. The
Buyer must satisfy himself, before making a bid, as to
the accuracy of the particulars given in the Catalogue
and shall not be entitled to cancel the sale or rescind
the Agreement for Sale of the Property as a result of any
incorrect statement, error or omission in the Catalogue.
The Buyer acknowledges that he has not relied on the
Catalogue in deciding whether to buy the Property and
that the Buyer is not relying on the information in the
particulars as proof that the current or any future use or
nature of any lot is legitimate, consented or approved.
The Buyer acknowledges that the onus for verification
lies solely with the Buyer. If any information is not correct
any liability of the Seller and any remedy of the Buyer
are excluded to the extent permitted by statute.
Misrepresentations The Buyer acknowledges that:
(a) He has not been persuaded to purchase the Property
by any statement or representation whether verbal or in
writing which may have been made to him or any person
on his behalf, by the Auctioneer, the Seller or anyone on
behalf of the Seller;
(b) Any such statement or representation as referred
to in paragraph (a) above does not form part of this
Agreement; and
(c) Any liability of the Auctioneer, the Seller or anyone
on behalf of the Seller at law or in equity in respect
of any statement made to the Buyer or anyone on
his behalf is excluded to the extent permitted by the
Misrepresentation Act 1967.
Service and Other Fittings The Seller makes no claim
as to the ownership of any electric wiring and fittings, gas
fittings and installations, central heating installations, TV
aerials, satellite dishes or other reception devices, any
of which may belong to the supply companies. In such
cases the Seller accepts no liability for any payments that
may be outstanding.
Bidding Reservations For the purpose of the Estate
Agents Act 1979, the right is reserved to the Auctioneer
or any related company, and the shareholders, and
employees of the foregoing or their associates or
members of their respective families, to bid at the
auction or to offer a property for sale at the auction.
Inspection of Plans, Leases, etc Copies of
restrictions, plans, leases and any other documents
referred to in the Special Conditions of Sale or the
Auction Catalogue may be inspected on-line at www.
countrywidepropertyauctions.co.uk or at the offices
of the Seller’s Solicitors or the Auctioneer’s offices at
any time during normal working hours, up to the date
prior to the sale or in the auction room prior to the
commencement of the auction sale. The Buyer shall
be treated as buying with full knowledge of all matters,
whether or not he has inspected any of the documents.
Guide Prices are correct at time of publication, a definition of guide prices can be found in the front of this catalogue under “general important notes” or on our website
51
Authorisation for Bidding by Proxy or by Telephone
I
..........................................................................................................................................................................................................................................................................................................................................
of Address:
..........................................................................................................................................................................................................................................................................................................................................
.........................................................................................................................................................................................................................................................
Postcode:
...........................................
Home Tel:
...........................................................................................................................................
Business Tel: ...............................................................................................................................................
Mobile Tel:
..........................................................................................................................................................................................................................................................................................................................................
Hereby authorise Countrywide Property Auctions to bid on my behalf whether by proxy or by telephone for the property detailed
below. I confirm that I have carefully read and understand the Conditions of Sale and the Conditions for bidding by Proxy or
Telephone, both contained in this catalogue, and the Special Conditions of Sale (Articles of Roup for Scottish property) for the property
concerned. THIS IS A PROXY BID
TELEPHONE BID
PROPERTY AND BID DETAILS
Lot No:
.................................................
Address:
......................................................................................................................................................................................................................................................
..........................................................................................................................................................................................................................................................................................................................................
MAXIMUM BID (PROXY BIDS ONLY) £
.............................................................................................................................................................................................................................................................................
(NOTE: The bid must be a definite figure ending either in £000, £250, £500 or £750)
(Words
........................................................................................................................................................................................................................................................................................................................................ )
I attach my cheque for 10% of my proxy bid or, in the case of a telephone bid, 10% of the guide price or the highest of the guide
prices, where there is a range, or £2,000, whichever is the greater, plus £800 (inclusive of VAT) administration charge. I also enclose
copies of documents confirming my identity and giving evidence of my address.
My cheque of £ ............................................................. is made payable to Countrywide Property Auctions
My Solicitors are:
..........................................................................................................................................................................................................................................................................................................................................
of (Address):
..........................................................................................................................................................................................................................................................................................................................................
.........................................................................................................................................................................................................................................................
Tel:
...........................................................................................................................................
Postcode:
...........................................
Person Acting: ..........................................................................................................................................
If my bid is successful I FURTHER AUTHORISE the Auctioneer to sign the Memorandum of Sale (Minutes of Preference and Enactment
for Scottish property) on my behalf and, as such, I recognise that I will then be the fully bound purchaser of the property referred to
above and must complete the purchase of the property within the time specified in the Conditions of Sale
Signed:
....................................................................................................................................................................................... Date:
...............................
DATA PROTECTION ACT: We will keep your personal data on file and may pass these onto other organisations which are part of or connected with the Countrywide Group
.
who may wish to offer you financial or property related services. If you do not want this service please tick here
TERMS & CONDITIONS FOR BIDDING BY PROXY OR BY TELEPHONE
1.
2.
3.
THE FORM. The adjacent form must be fully completed,
signed and dated by the prospective purchaser (referred
to below as “The Bidder”) and delivered to Countrywide
Property Auctions (referred to below as “The Auctioneers”)
to be received not less than 24 hours prior to the start of the
auction together with the appropriate payment. A separate
form should be completed for each lot for which a Bidder
requires the Auctioneers to bid. For telephone bids there are
a limited number of phone lines available at the auction so
acceptance of telephone bids is managed strictly on a first
come first served basis.
PROOF OF IDENTITY. To adhere to the requirements of the
current Money Laundering Regulations, either the originals
or copies certified by a Solicitor or a member of Countrywide
plc staff, of the following documents must be provided and
sent to the Auctioneers with this form, as follows:; Personal
Identification – Either Current Signed Passport or Current UK
Driving Licence or Inland Revenue Tax Notification or Fire
Arms Certificate Evidence of Address – Either Public Utility
Bill issued within the last three months or Local Authority
Tax Bill or Bank, Building Society or Credit Union Statement
containing current address or The most recent original
Mortgage Statement or Current UK Driving Licence (if not
used as an identity document). If you are buying on behalf of
a third party, Company or anyone other than yourself please
contact the Auctioneers now prior to completing the form.
THE DEPOSIT. Each form must be accompanied by a
deposit payment which represents either
(a) For proxy bids – 10% of the bid or £2,000, whichever is
the higher.
(b) For telephone bids – 10% of the maximum guide price for
4.
5.
6.
that property or £2,000. whichever is the higher. Plus £800
inclusive of VAT (being the administration charge). Payment
shall be by Building Society Cheque, Solicitors Client Account
Cheque, Bankers Draft or a Personal Cheque. With proxy bids,
if the property is purchased at a figure less than the amount
of the bid, the payment will be used in full as a deposit. If,
with a telephone bid, the purchase price is higher than the
guide price, then a balancing amount will be required from
the purchaser to make the deposit to the required figure.
If the purchase price is less than the guide price, then the
payment will be used in full as a deposit. In the event that the
bidder is unsuccessful, the full amount of the deposit will be
promptly refunded.
PROXY BID. The Auctioneer or his staff will compete in
the bidding up to the maximum of the authorised Proxy bid.
If successful, the purchaser will be informed as soon as is
practicable.This bid is binding on the bidder up to 6pm on
the day of the Auction to allow for the possibility on unsold
lots that the Vendor agrees to sell post auction at a figure
below the reserve price. Where two equal bids are made
by two separate bidders, the first bid received will take
preference.
TELEPHONE BID. A member of the Auctioneer’s staff will
attempt to contact the Bidder by telephone prior to the lot
concerned being offered for sale. If contact is made then the
Bidder may compete in the bidding through the Auctioneer’s
staff or the Bidder’s agent. The bidder accepts that they are
unable to participate in the auction if it is impossible to obtain
telephone contact or the line breaks down.
THE CONTRACT. At auction, a contract is created at the fall
of the Auctioneer’s hammer. If a bid is successful therefore,
the Auctioneer is authorised to sign the Memorandum of
Agreement (Minutes of Preference and Enactment for Scottish
property)
7. DISCLOSURE OF BID. The amount of any proxy or
telephone bid will not be disclosed to the Vendor or any
other party except senior members of the Auctioneer’s staff.
8. CHANGE OF MIND. If the Bidder wishes to withdraw the
bid or wishes to attend the auction to bid himself, then it is
the Bidder’s responsibility that the Auctioneer for the day is
informed personally before the lot in question is offered for
sale.
9. AUCTIONEER’S LIABILITY. The Auctioneers will do their
utmost to conform with the instructions of the Bidder, but will
accept no liability whatsoever for any bid not being made
on behalf of the Bidder, whether through lack of clarity of
instruction or any other reason.
10. PLEASE RETURN FORM TO: AUCTIONS ADMINISTRATION
CENTRE, COUNTRYWIDE PROPERTY AUCTIONS, LOMBARD
HOUSE, 2 CARRS ROAD, CHEADLE SK8 2HR
11. PERSONAL RECORD
Lot No
....................................................................
Proxy Bid
£ ..................................................................
Maximum Telephone Bid £ ..................................................................
Date Sent
....................................................................
Amount of deposit
£ ..................................................................
52
Notes
53
Notes
54
Notes
55
National… Regional… Local
HEAD OFFICE
Auctions Administration Centre
Countrywide Property Auctions
Lombard House
2 Carrs Road
Cheadle SK8 2HR
Tel: 0870 240 1140
Email: [email protected]
LONDON OFFICE
Tel: 0207 963 0628
EXETER OFFICE
Tel: 01395 275691
SHEFFIELD OFFICE
Tel: 0114 254 1185
MANCHESTER OFFICE
Tel: 0161 956 8999

June 2015 - Countrywide Property Auctions

Transcription

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