Property Auction - Venmore Auctions | Property Auctions Liverpool

Transcription

Property
Auction
1.00pm Wednesday
13th April 2016
The Town Hall, High Street,
Liverpool, L2 3SW
www.venmores.co.uk | 0151 236 6746
Another Great A Quick Guide to Auctions
Start
Prior to Auction
What a start to 2016! Our February auction
proved to be one of our most successful to
date, with 40 sales from the lots offered,
producing a success rate of 93% - further
showcasing the benefits of our pro-active,
committed approach to securing deals for our
vendors. Venmores have repeatedly showed
our ability to deliver results for customers and
this auction has highlighted both the
encouraging improvements in the local
property market and the fact that Venmore
Auctions are the team who can consistently
capitalise on such improvements and secure
the right deals, at the right prices.
2016 shows all the signs of being another year
of improvement for the local market, with
Liverpool going from strength to strength with
more and more buyers looking to capitalise on
the great values and high yields on offer from
student properties, to residential lets and
development opportunities. The city looks set
to become a real juggernaut of industry in the
coming years, making now the perfect time to
invest in Liverpool.
This auction is littered with exciting
opportunities with an array of different
potential end uses. We have two rather
unusual lots on offer with the substantial exNHS properties on Rose Lane and Seymour
Terrace, which have generated a ton of
interest and have captured the imagination of
buyers with such huge potential to develop
either property in any number of different
ways. We have a number of flats in Mill View
Tower which are perfect for the armchair
investor – positioned in the heart of the city’s
student district, the properties can be
purchased with sitting tenants already
generating a staggering yield of around 15%
and a strong likelihood for capital appreciation
given the influx of students and professionals
to the area.
We hope to see you all at the town hall for
what should be another exciting afternoon.
Good luck!
Contact Us...
Ronan Connolly – Auction Director
Email: [email protected]
Helen Wilson – Auction Co-ordinator
Ruby Fletcher – Auction Co-ordinator
Phil Dillon – Auction Sales Manager
We would advise that the majority of auction properties can be inspected prior to the auction
date. Viewing can be made by contacting the Auction Team on 0151 236 6746.
Each lot is sold subject to the conditions of sale as printed in this catalogue and contained
within the Contract. We would recommend you seek legal advice if you are in any doubt as to
the content of these conditions.
If you are interested in bidding for a lot, we suggest that you pass a copy of this catalogue to
your Solicitor who can then start the necessary legal enquiries. As you will enter into a binding
contract with the fall of the hammer and pay a non-refundable deposit, your financial
arrangements should be made in advance.
In the event that you are unable to attend the Auction it is possible to bid by telephone or proxy
and further details can be obtained from Venmore Auctions. All bidders who cannot attend on
the date must register their telephone or proxy bid by 10am on the day of the auction.
A guide price is provided for each lot. This is intended purely as an indication of the suggested
value a reserve price is set for each property and this figure is not disclosed to the public prior
to the auction date.
Sometimes a property may be sold prior to auction, postponed or withdrawn. We advise that
you check our website or telephone the auction department on the morning of the Auction to
confirm that the lot(s) you are interested in are included in the sale.
On Auction Day
An auction addendum sheet will be made available on our website and on the day of auction.
We would advice all interested parties check the addendum for any variations to the property
they are bidding on.
Legal packs for each property will be available on our website prior to the auction and are also
available in the auction room for inspection. There will also be solicitors in attendance at the
auction if you have any queries on the legal packs.
You do not need to pre-register to attend the auction, however if you are intending on bidding
on a lot(s), you will need to bring with you 2 forms of identification, details of your solicitors and
your 10% Deposit and Buyers fee which can be paid by card, cheque, bankers draft or cash.
Price Information
*Guide prices are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any
time prior to the auction. Each property will be offered subject to a Reserve price (a
figure below which the Auctioneer cannot sell the property during the auction) which
we expect will be set within the Guide Range or no more than 10% above a single
figure Guide.
Reserve price 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.
We are now accepting
instructions for our
2nd June 2016
Auction
Closing date 6th May 2016
Contact our team on 0151 236 6746
Order of Lots
Lots 1-50
Lot
Address
Guide Price*
1
2 Pope Street, Bootle, L20 4PH
SOLD PRIOR
2
13 Townsend Lane, Anfield, Liverpool, L6 0AX
£15,000 Plus
3
143 Highfield Road, Birkenhead, CH42 2BX
SOLD PRIOR
4
12 Mayfair Close, Anfield, Liverpool, L6 5JS
£20,000 - £25,000
5
Fleet Street Barn, Southport Road, Scarisbrick, Ormskirk, L40 9RF
£250,000 Plus
6
10 Mill View Tower, Liverpool, L8 6TL
£25,000 - £30,000
7
£25,000 - £30,000
8
42 Withens Lane, Wallasey, CH45 7NN
SOLD PRIOR
9
74 Russell Road, Mossley Hill, Liverpool, L18 1EB
£120,000 Plus
10
1 Rose Lane, Liverpool, L18 8AD
£275,000 Plus
11
15 Diana Street, Liverpool, L4 5RX
£35,000 Plus
12
33 Saker Street, Liverpool, L4 0RA
£25,000 - £30,000
13
£25,000 - £30,000
14
£25,000 - £30,000
15
53 Radway Road, Liverpool, L36 8HD
£45,000 - £50,000
16
18 Mason Street, Waterloo, Liverpool, L22 8QX
£35,000 Plus
17
513 A West Derby Road, Liverpool, L13 8AA
£20,000 Plus
18
575 West Derby Road, Liverpool, L13 8AE
£60,000 - £70,000
19
Garages at 112-114 Gray Street, Bootle, L20 4PR
£20,000 - £25,000
20
47 East Street, Liverpool, L22 8QR
£65,000 Plus
21
13 Church Road West, Liverpool, L4 5UE
£45,000 Plus
22
235 B Finch Lane, Knotty Ash, Liverpool, L14 4AE
£30,000 Plus
23
SFF 87 Anfield Road, Liverpool, L4 0TJ
£25,000 Plus
24
65 East Lancashire Road, Liverpool, L11 7AY
£45,000 Plus
25
£25,000 - £30,000
26
£25,000 - £30,000
27
Land to rear of 30 Parkfield Road, Aigburth, Liverpool, L17 8UJ
£185,000 Plus
28
Land at Great Mersey Street, Liverpool, L5 7TR
£45,000 Plus
29
Land at 24 Freehold Street, Liverpool, L7 0JJ
£50,000 Plus
30
Ground rents , 47 & 49 East Street, 16 & 18 Mason Street, L22 8QR
£5,000 Plus
31
5 Albany Road, Old Swan, Liverpool, L13 3BJ
£90,000 Plus
32
104 Lodge Lane, Liverpool, L8 0QN
£325,000 Plus
33
6 Ennerdale Court, North Drive, Wallasey, CH45 0LZ
£70,000 Plus
34
84 Beaumont Street, Liverpool, L8 0XA
£60,000 - £65,000
35
£25,000 - £30,000
36
£25,000 - £30,000
37
7 Ash Grove, Prescot, L35 5BD
£75,000 Plus
38
6 Littlewood Close, Whiston, Prescot, L35 3XQ
£150,000 Plus
39
£25,000 - £30,000
40
£25,000 - £30,000
41
4 Homebank House, 1 Bidston Road, Prenton, CH43 2GB
£20,000 Plus
42
10 Kingscourt, Kings Mount, Prenton, CH43 5RG
£40,000 - £45,000
43
59 Caldy Road, Liverpool, L9 4RZ
£65,000 Plus
44
115 Adelaide Road, Kensington, Liverpool, L7 8SH
£75,000 Plus
45
155 Kensington, Liverpool, L7 2RE
£100,000 Plus
46
41 - 43 Seymour Terrace, Seymour Street, Liverpool, L3 5PE
£250,000 Plus
47
Flat 7b, 3-7 Buckingham Road, Liverpool, L13 8AY
£25,000 Plus
48
£25,000 Plus
49
144 Parr Stocks Road, St Helens, WA9 1PB
£30,000 - £35,000
50
75 Sutcliffe Street, Liverpool, L6 6AS
£30,000 Plus
* Please refer to inside front cover.
Notice to
prospective buyers
1. PARTICULARS OF SALE
1.1 It is your responsibility to check the following matters
in respect of each Lot you are interested in before the
Auction:
• All measurements & Areas
• Description & Location
• Lease & Occupiers Details
• Fixtures & Fittings
• Contamination & Structure
4.4 Neither the Auctioneers nor the Seller will have any
responsibility towards you in relation to any loss or
wasted costs that you may incur in respect of lots sold
prior or withdrawn.
7.2 Cheques for the deposit are acceptable unless
otherwise stated. Bankers Drafts, Building Society
Cheques and Solicitors Client accounts cheques are also
acceptable.
5. GUIDE PRICES AND RESERVES
7.3 We can accept payment for the deposit and buyers
fees by Credit or Debit Card, however there is a 3%
administration charge if this is paid by credit card.
5.1 The guide prices are listed in the catalogue, this is
purely an estimate of the price that the auctioneers
considers the lot might be sold for. It is your responsibility
to decide how much you should bid for any lot.
5.2 The Auctioneers have not carried out valuations for
any of the lots to be offered for sale at the auction.
1.2 You are advised to check the above matters by:
• Inspection
• Survey
• Enquiry
• Searches
5.3 You are strongly advised to consult your own
professional advisors regarding the value of any lot.
5.4 The reserve price for any lot might exceed or be lower
than the guide price quoted at any time for that lot.
2. CONDITIONS OF SALE
2.1 If you are the successful Bidder of any Lot you will,
from the moment that the Auctioneers gavel falls,
become legally bound by the conditions of sale in relation
to that lot.
5.5 The majority of lots will be offered for sale subject to
a reserve price. Any exceptions will be announced on the
day of the auction
2.2 It is assumed that you have read and considered the
conditions of sale and any other relevant documents and
that you have taken professional advise before bidding.
6.1 When a lot is knocked down to you by the auctioneer,
a legally binding contract is immediately created. The
terms of the contract will be those set out in the
conditions of sale referred to above.
2.3 The conditions of sale consist of the following:
• This Notice to Prospective Buyers
• The Common Auction Conditions as printed at
the back of the catalogue
• The Special Conditions of Sale for each lot
(available at the Auctioneers offices or online)
• Any Addendum relating to the Lot
3. LIABILITY OF BIDDER
3.1 If you bid at Auction, you will be personally liable in
respect of any accepted bid. This will be the case if you
bid as agent or other representative for another party
3.2 If you bid as agent or representative then you and the
person or organisation on whose behalf you have bid will
be jointly and severally liable under the contract of sale.
4. ORDER OF SALE, SALES PRIOR TO AUCTION
AND WITHDRAWN LOTS
4.1 Lots will be offered for sale at the auction in
accordance with the order of sale, printed hereafter. An
announcement will be made regarding all lots that have
been sold prior or withdrawn from sale.
4.2 The Auctioneers have the right to sell or to withdrawn
lots without giving reasons at any time before the sale
begins
4.3 You should contact the Auctioneers before the auction
to check whether lots have been sold prior or withdrawn.
L31
L23
L22
L30
L21
L9
WA
L34
L11
L4
L5
L3
L12
L6
L2
L13
L14
L36
L7
L1
L16
L15
L8
CH
L35
L27
L17
6.3 If you do not give your details when requested or pay
the deposit, the auctioneers have the right to re-offer the
lot for sale and to treat you as being in breach of contract.
Even if the lot is re-offered for sale, the Seller might have
a legal right or action against you for the breach of
contract.
6.4 The lot will be at your risk from the moment it is
knocked down to you by the auctioneers which means
that you should immediately arrange for it to be insured.
If this is not the case, it should be made clear in the
special conditions of sale for that lot.
7. DEPOSIT
7.1 If a lot is knocked down to you must pay the deposit,
which is usually 10% of the sale price subject to a
minimum of £2,000. The amount of the deposit might be
altered by the special conditions of sale for the lot so you
should check them carefully before the auction. You will
also be required to pay the Buyers Fee of £400.00+Vat
unless specified differently in sales particulars. This may
vary and will be noted within the Sales Particulars or on
the addendum issued on day of auction.
8. PROXY & TELEPHONE BIDDING
8.1 If you are unable to attend the auction you may be
able to bid by proxy or telephone.
8.2 If this is the case, you will need to complete the
registration form printed towards the back of the
catalogue and send it to the auctioneers with your
deposit before the auction.
8.3 If you bid by proxy or telephone, you will be legally
bound by the terms and conditions printed at the back
of the catalogue.
9. LEGAL PACKS
9.1 Legal packs are available Online and at the
auctioneers offices prior to auction, however please make
contact to check whether they are available.
9.2 The legal packs will be available for inspection by
prospective buyers or their legally representatives
approximately 2 hours before the commencement of the
sale in the auction room.
9.3 If you require copies of the legal pack for a particular
lot please contact the Auction team on 0151 236 6746
or go online to www.venmoreauctions.co.uk
10. KEYS
10.1 Potential buyers wishing to inspect the property
prior to auction must do so by arrangement with the
auctioneer’s offices.
10.1 The successful purchaser will not be entitled to keys
or access to vacant properties until the completion of the
sale. If access is required it may be arranged through our
offices with the permission of the seller or the sellers
solicitor.
If you are thinking of buying, call the sales team on 0151 236 6746 and they will
answer any questions you may have.
L33
L32
L10
L20
6.2 After the lot is knocked down to you, you must give
your details, including your name, address, and solicitors
name and address and produce identification such as a
driver’s license or passport.
7.5 All deposit cheques should be made payable to
Venmore Auctions, unless the special conditions of sale
state otherwise
What happens next?
L38
L29
6. PROCEDURES
7.4 Deposit cheques are accepted on the basis that there
are adequate cleared funds in the account upon which
the cheque is drawn. The Seller may take action against
you if your cheque is not honoured on first presentation.
You are therefore strongly advised to ensure there are
adequate funds available in the account to meet any
deposit cheque(s) that are drawn as a result of the
auction.
L18
L25
As with the nature of auctions there is no exact selling price but the valuer will be able to provide you with a guide
of its selling price in the current market. But don’t be surprised if properties sell for more than double the guide
price, thats just the nature of auctions!
L26
L19
L24
If you like the property, arrange a viewing, one of the team will show your around the property. You can make a bid
before the auction day, and if a good enough bid the seller might decide not to go to auction. If you want to buy
on auction day, don’t be shy, make sure the auctioneer sees your bid, don’t leave the auction house wishing you
had bid further on a good investment. If you win your bid, then you will need to pay 10% deposit (min £1500) and
pay a £400 + Vat buyers fee and then complete the transaction in 28 days.
WA
A large scale map is available on
the inside back cover.
If you are thinking of Selling, call the sales team on: 0151 236 6746 and they will
arrange a free auction valuation at a time to suit you.
Previous Auction Results
17th February 2016
Lot
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
Address
Sold for
151 Hornby Road, Bootle, L20 5BZ
10 Elephant Lane, Thatto Heath, St. Helens, WA9 5QG
25 Claude Road, Liverpool, L6 0BT
53 Rector Road, Liverpool, L6 0BY
11a Birchfield Road, Walton, Liverpool, L4 5US
309 Warbreck Moor, Liverpool, L9 0HX
51 - 53 Breck Road, Anfield, Liverpool, L4 2QS
Land at 2 Dorset Road, Anfield, Liverpool, L6 4DX
24 New Road Court, Liverpool, L13 8EF
Bootle Irish National Club, 254 - 260 Derby Road, Bootle, L20 8LJ
45 Waltham Road, Liverpool, L6 0BL
19 Esmond Street, Liverpool, L6 5AY
146 Gloucester Road North, Liverpool, L6 4DT
Flat 9, Drummoyne Court, The Serpentine North, Liverpool, L23 6UT
130 Prescot Road, St. Helens, WA10 3TY
55 Hillfoot Road, Liverpool, L25 0ND
40 Heathfield Road, Wavertree, Liverpool, L15 9EZ
166 Roby Road, Huyton, Liverpool, L36 4HQ
28 New Lane, Southport, PR9 8LQ
299 Utting Avenue, Liverpool, L4 9RB
38 Green Lane, Stoneycroft, Liverpool, L13 7EA
17 Sandown Lane, Liverpool, L15 8HY
3 Lesseps Road, Liverpool, L8 0RD
80 C Smithdown Road, Liverpool, L7 4JQ
Apartment 1, 150 Upper Parliament Street, Liverpool, L8 7LL
134 Queens Drive, Walton, Liverpool, L4 6XD
423 Walton Breck Road, Liverpool, L4 2RW
5 Gwydir Street, Liverpool, L8 3TJ
20 Hadfield Street, Northwich, CW9 5LU
144 Parr Stocks Road, St. Helens, WA9 1PB
76 Graham Street, St. Helens, WA9 1LY
7 Cotswold Grove, St. Helens, WA9 2JD
80 Seaview Road, Liscard, CH45 4LB
137 Brighton Street, Wallasey, CH44 8DT
1 Armley Road, Liverpool, L4 2UN
45 Trafalgar Road, Wallasey, CH44 0DZ
7 Fountains Road, Liverpool, L4 1QH
97 Breeze Hill, Liverpool, L9 1DZ
72-74 Lower Breck Road, Liverpool, L6 4BZ
81 Queens Drive, Wavertree, Liverpool, L15 7ND
8 Heron Road, Meols, Wirral, CH47 9RU
37 Valley Road, Liverpool, L4 0UD
85/86 Melrose Road, Kirkdale, Liverpool, L4 1RP
67 Mount Road, Birkenhead, CH42 6PW
SOLD
SOLD
SOLD
SOLD LATER
POSTPONED
SOLD LATER
SOLD PRIOR
SOLD LATER
WITHDRAWN
SOLD
SOLD
POSTPONED
SOLD LATER
SOLD
SOLD PRIOR
SOLD
SOLD
SOLD PRIOR
SOLD PRIOR
SOLD PRIOR
SOLD
SOLD
POSTPONED
SOLD LATER
SOLD LATER
SOLD LATER
SOLD LATER
SOLD PRIOR
SOLD PRIOR
SOLD LATER
SOLD LATER
AVAILABLE
WITHDRAWN
WITHDRAWN
SOLD PRIOR
SOLD
SOLD
SOLD PRIOR
SOLD
AVAILABLE
SOLD
SOLD LATER
SOLD PRIOR
SOLD
SOLD
SOLD PRIOR
POSTPONED
SOLD
SOLD LATER
Best Sells
from previous auction
Guide Price £35,000 Plus
10 Elephant Lane, WA9
Guide Price £90,000
Flat 9 Drummoyne Court, L23
or
sold f
0
0
0
,
6
£4
Guide Price £15,000 - £20,000
299 Utting Avenue, L4
o
sold f
or
sold f
0
0
5
,
6
£10
1 Armley Road, L4
or
sold f
r
0
0
0
,
£88
0
0
5
,
£37
81 Queens Drive, L15
8 Heron Road, CH47
r
o
sold f
0
0
0
,
9
£19
or
sold f
0
0
0
,
8
£19
Future Auctions
Auction Dates 2016
2nd June 2016
20th July 2016
14th September 2016
26th October 2016
14th December 2016
All dates are subject to change
Now taking instructions for
our June auction,
Demand is highest it’s been
for years book early for your
100% free appraisal
To arrange a free no obligation appraisal
please contact the auction team
on 0151 236 6746 or [email protected]
Venue
The Town Hall
High Street
Liverpool
L2 3SW
Tel 0151 236 6746
LOT
1
Guide Price* SOLD PRIOR
INVESTMENT
Description
Accommodation
This is a two bedroom end terraced house currently let by way of an
Assured Shorthold Tenancy producing £4,800 per annum. The property
has recently undergone a scheme of refurbishment and benefits from
double glazing and central heating.
Ground Floor: Hall, 2 reception rooms, kitchen
First Floor: 2 Bedrooms, bathroom/WC
Outside: Garden to side
Location
Off Gray Street in a popular residential location within close proximity to
the shops and services on Knowsley Road
Why Buy?
•
•
•
•
LOT
2
2 Bedroom end terrace
Central heating & double
Producing £4,800 per annum
Recently refurbished
13 Townsend Lane, Anfield, Liverpool, L6 0AX
Guide Price* £15,000 Plus
DEVELOPMENT
Description
Accommodation
This is a three storey mixed use end terrace property formerly configured as
a ground floor commercial unit with two flats to the upper floors. The
property offers potential for redevelopment subject to the relevant
permissions. Please note external viewings only.
Ground Floor: Former shop unit
First & Second Floors: Former residential accommodation
Location
Fronting Townsend Lane on the corner of Abbey Road in a busy main
road position, just a short walk from Anfield football stadium which is
currently undergoing a major regeneration to include the surrounding
area.
Why Buy?
• Potential Redevelopment opportunity
• Former Shop unit
• Close to Anfield Football Stadium
DEVELOPMENT OPPORTUNITY
LOT
3
Description
Location
This is a substantial three storey property that has been granted
planning permission for demolition of the coach house followed by
conversion and extension of the existing building to provide 17
apartments with car parking and amenity space. Full planning
permission was granted in August 2015 under APP/15/00401. Plans
showing the existing layout and the proposed development can be
viewed online through the Wirral Council website or are available for
inspection at the offices of the auctioneers. The property is set in large
grounds and provides a wealth of original features including plastered
mouldings, flagged floors and feature fireplaces.
Situated on Highfield Road close to its junction with Rock Lane West in
an established residential position just a short walk from Rock Ferry train
station being within ten minutes drive of Birkenhead town centre and the
Mersey Tunnel leading to Liverpool city centre.
Why Buy?
•
•
•
•
Development opportunity
Full planning for 17 apartments
Large grounds
Established residential location
12 Mayfair Close, Anfield, Liverpool, L6 5JS
Guide Price* £20,000 - £25,000
LOT
RESIDENTIAL
4
Description
Accommodation
A first floor studio apartment that has been refurbished recently
throughout to include a new high gloss kitchen including fridge and
cooker, modern shower room/WC, double glazing, storage heating and
new floor coverings. The property is ready for immediate occupation/let
and offers an excellent investment opportunity.
Ground Floor: Communal entrance
Studio Flat: Living room/bedroom, dressing room, kitchen, shower
room/WC
Outside: Communal gardens and parking
Location
Situated off West Derby Road close to local amenities and providing
good access to Liverpool city centre which is approximately 2.5 miles
away.
Why Buy?
•
•
•
•
First floor studio apartment
Recently refurbished
High gloss kitchen
Modern shower room
LOT
5
Fleet Street Barn, Southport Road, Scarisbrick, Ormskirk, L40 9RF
DEVELOPMENT OPPORTUNITY
Description
An exciting development opportunity consisting of three barns and
various outbuildings set on a site of approximately 1.7 acres. We have
been informed by the vendor that planning permission has been granted
for three dwellings, one detached with open rural aspect to the rear and
two semi detached dwellings fronting Southport Road. The plot could
suite a different scheme subject to the relevant permissions.
Potential purchasers should make their own enquiries to West
Lancashire Planning Department.
Why Buy?
•
•
•
•
•
Development opportunity
Planning permission for 3 dwellings
Large plot approx. 1.7 acres
Rural aspect to rear
Well located
Location
Situated on one of the main routes into Southport (A570) close to the
junction with Bescar Brow Lane.
Accommodation
The site currently comprises of three barns and various outbuildings set
on a site of approximately 1.7 acres
Guide Price* £25,000 - £30,000
LOT
INVESTMENT
Description
Accommodation
This is a third floor, high rise apartment in good condition throughout
and currently let by way of an Assured Shorthold Tenancy producing
£5,400 per annum. The property benefits from views across the city and
Liverpool bay, secure intercom system, lift service to all floors, modern
kitchen and bathroom, double glazing and electric storage heating.
Hall, lounge, kitchen, 2 bedrooms, separate WC, bathroom
Location
Fronting Mill Street which in turn is off Park Road within easy reach of
local amenities and approximately 1 mile from Liverpool city centre.
NB: Please note Venmore Auctions have not carried out an
internal inspection of the apartment and all details have been
provided by the Managing Agents. We are informed that all the
apartments follow the same layout and photos provided are of
Flat 16 which has recently become vacant.
Why Buy?
• 2 Bedroom apartment
• Modern kitchen and
bathroom
Guide Price* £25,000 - £30,000
• Secure intercom access
• Lift to all floors
• Car park to rear
LOT
INVESTMENT
Description
Accommodation
This is a third floor, high rise apartment in good condition throughout
Location
6
7
Why Buy?
bathroom
LOT
8
RESIDENTIAL
Description
Accommodation
This is a deceptively large 6/7 bedroom semi-detached property in need
of refurbishment throughout. The property is well laid out with most
rooms benefitting from large ceilings. Ideal as either a professional HMO,
subject to obtaining the necessary consents, or to be refurbished as a
large family home. If rented as a 7 bedroom HMO at £90pppw the
property has the potential for an annual gross income of £32,760pa fully
let. Lots of scope to increase capital value once refurbished.
Ground floor: Entrance porch, front reception, rear reception, kitchen
diner, under stairs storage
First floor: Bedroom 1, bathroom, bedroom 2, bedroom 3, store
room/office/bedroom 7
Second floor: Bedroom 4, Bedroom 5, bedroom 6
Outside: Yard to rear, drive and garden to front
Location
The property is located near to New Brighton Cricket Club in Wallasey.
There are numerous amenities in close proximity with an Asda
Superstore within 5 minutes walking distance. Liverpool City Centre is
only 5.5miles away through the Kingsway tunnel.
LOT
9
Why Buy?
• 6/7 bedrooms
• Sought after location
• Potential HMO property
• In need of refurbishment
74 Russell Road, Mossley Hill, Liverpool, L18 1EB
RESIDENTIAL
Description
Accommodation
This is a spacious 4 bedroom mid terraced house situated in a highly
sought after area close to Allerton Road. The property does benefit from
central heating and double glazing and following a scheme of
refurbishment would be suitable for investment purposes or resale on
the open market. The area is popular with young professionals, students
and families and could generate a gross income of over £23,000 if
converted for HMO use subject to permissions.
Ground Floor: Entrance hall, 2 reception rooms, dining kitchen
First Floor: 4 Bedrooms, shower room/WC
Outside: Yard to rear
Why Buy?
Location
Just off Penny Lane in a well established and sought after residential
location close to local schooling and all the shops, bars and restaurants
on Allerton Road.
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Spacious 4 bedroom mid terrace
Requires refurbishment
Double glazing and central heating
Good potential to add value
Joint Agents
1 Rose Lane, Liverpool, L18 8AD
Description
This is a substantial semi-detached Grade II listed property arranged
over three floors plus basement situated on a large plot with wide
driveway access. Used up until recently as clinic/offices for Alder Hey
NHS Foundation Trust the property could suit various uses or
conversion back to residential subject to the relevant planning
permissions.
LOT
COMMERCIAL
Why Buy?
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Grade II listed semi-detached property
Potential for residential conversion STPP
Parking for approximately 16 vehicles
Large plot
Sought after location
Location
Situated in a sought after location in Mossley Hill close to all the local
shops bars and restaurants on Rose Lane and Allerton Road with
Mossley Hill train station just a minutes walk away. Sefton Park and
Calderstones Park are both less than 1 mile away.
Accommodation
Access to the property is gained via a side lobby and from check
measurements taken on site and the layout plans provided we estimate
that the property provides the following accommodation on a Net
Internal Basis (i.e. excluding non-structural internal partitions, circulation
areas, stairs and WCs)
Basement 553²ft (51.38²m) 4 Store rooms
Ground Floor 1,312²ft (121.89²m) Entrance lobby, 6 offices, 2 WCs,
store room
First Floor 1,243²ft (115.48²m) 7 Offices, kitchen, store room, WC
Second Floor/Attic 425²ft (39.48²m) 2 Offices
Outside: The property occupies a broadly rectangular South East facing
plot with a front garden well screened from Rose Lane by a number of
mature trees and a walled side and rear garden currently providing
parking for approximately 16 vehicles
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LOT
11
15 Diana Street, Liverpool, L4 5RX
RESIDENTIAL
Description
Accommodation
This is a good size mid terrace 2 bedroom house in good condition
throughout. The property is currently tenanted to a professional on an
AST at £450pcm until July 2016, but the tenant has actually been in the
property for a number of years. Benefitting from a good size modern
kitchen, large upstairs bathroom and central heating. Ideal as a long
term investment.
Ground floor: Entrance hall, front reception room, rear dining room with
French doors to the yard, modern kitchen
First floor: Large bathroom, 2 x double bedrooms
Outside: Yard to rear, on-street parking to the front
Why Buy?
Location
The property is next to Goodison Park and benefits from numerous
amenities, shops, bars, etc within short walking distance. Liverpool City
Centre is only 3 miles away.
LOT
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Long standing tenant
Currently producing £5,400pa
Good size bathroom
Ideal investment property
33 Saker Street, Liverpool, L4 0RA
Guide Price* £25,000 - £30,000
RESIDENTIAL
Description
Accommodation
This is a mid terrace 2 bedroom property located in the middle of the
Anfield regeneration zone. Ideal as a long term investment, recently let by
way of assured shorthold tenancy producing £400pcm. The property
benefits from double glazing and central heating.
Ground floor: Living room, kitchen/dining, bathroom
First floor: 2 x bedrooms
Outside: Small yard to rear, on-street parking to front
Joint Agents
Location
Accessed from Sleepers Hill within walking distance to Anfield Stadium
and shops, bars and restaurants on Oakfield Road. Liverpool City
Centre is only 2.5 miles away.
Why Buy?
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2 Bedrooms
Potential to add value
Anfield regeneration area
Good rental location
Guide Price* £25,000 - £30,000
LOT
INVESTMENT
Description
Accommodation
This is a forth floor, high rise apartment in good condition throughout
Location
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Why Buy?
bathroom
Guide Price* £25,000 - £30,000
LOT
RESIDENTIAL
Description
Accommodation
This is a forth floor, high rise apartment in good condition throughout
and currently vacant. The property benefits from views across the city
and Liverpool bay, secure intercom system, lift service to all floors,
modern kitchen and bathroom, double glazing and electric storage
heating.
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Location
Why Buy?
bathroom
LOT
15
53 Radway Road, Liverpool, L36 8HD
Guide Price* £45,000 - £50,000
RESIDENTIAL
Description
Accommodation
This is a good size 2 bedroom semi-detached house on a good size
corner plot. The property benefits from double glazing, central heating
and recent modern kitchen. The property is in need of some minor
refurbishment but once a scheme of works (mainly decorative) have
been completed the property would be prime for resale on the open
market or ideal as a long term rental investment.
Ground floor: Entrance hall, front reception, rear kitchen diner, under stair
storage
First floor: 2 x double bedrooms, bathroom
Outside: Front drive and garden, rear yard/garden
Why Buy?
Location
Accessed from Liverpool Road close to the junction with the M57. The
property is only 1 mile from Prescot Town Centre and 8 miles from
Liverpool City Centre. There are numerous amenities and schools
close by.
LOT
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Semi-detached
Good rental area
Ideal investment
18 Mason Street, Waterloo, Liverpool, L22 8QX
RESIDENTIAL
Description
Accommodation
This is a spacious 1 bedroom ground floor flat situated in a highly regarded
location close to the promenade in Waterloo. The property benefits from a
private entrance both front and back, double glazing, central heating and an
off road parking space. Following a small scheme of mainly cosmetic works
the property would be ideal for investment purposes or owner occupation.
Ground Floor: Front and rear porch, open plan living room/kitchen,
storage cupboard, wet room/WC, double bedroom with fitted
wardrobes
Outside: Secure private entrance, off road parking space
Location
Just off Mount Pleasant and Wellington Street the flat is located on a
quiet residential street in Waterloo. The train station, Marine Lake and
numerous shops, bars and restaurants are all within walking distance.
Why Buy?
• 1 Bedroom ground floor apartment
• Great location
• Off road parking space
Description
A vacant cleared plot of land occupying a busy main road location
currently benefiting from an annual income of £850 from an advertising
hoarding. Planning permission was formerly granted for a mixed use
building comprising of an A3 takeaway to the ground floor with
residential accommodation above.
LOT
LAND
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Why Buy?
• Cleared plot of land
• Former PP for A3 takeaway and residential
• Currently producing £850pa from advertising hoarding
Location
Fronting West Derby Road which is a busy main road route into and out
of the city centre close to its junction with Windsor Road.
575 West Derby Road, Liverpool, L13 8AE
Guide Price* £60,000 - £70,000
LOT
MIXED USE
Description
Accommodation
This is a three storey middle terrace mixed use property comprising of a
ground floor retail unit with electric roller shutters plus a spacious three
bedroom flat to the upper floors accessed via a separate front entrance.
The property is fully let producing £11,700 per annum with the shop unit
leased until 5th December 2016 at a rent of £6,600pa and the flat
producing £5,100 currently being paid direct from housing benefit.
Ground Floor: Main sales, rear store, kitchen, WC
First Floor: Kitchen, lounge, bedroom, Bathroom/WC
Second Floor: Two further bedrooms
Outside: Rear yard
Location
Fronting West Derby Road in a busy parade of shops approximately 4
miles from Liverpool city centre.
Why Buy?
• Commercial & Residential Property
• Producing £11,700 per annum
• Busy retail location
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LOT
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Garages at 112-114 Gray Street, Bootle, L20 4PR
Guide Price* £20,000 - £25,000
GARAGES
Description
Location
6 x vacant brick built lock up garages and 1 x lock up work shop. The
garages are in fair condition but the workshop does require
refurbishment and a new roof. Historically was the site of 2 x terrace
houses. Ideal for rental or could be redeveloped.
At the corner of Gray and Smollett Streets. Accessed direct from
Knowsley Road in Bootle. There are a number of new build properties
facing the garages on Gray Street.
Why Buy?
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LOT
20
6 x lock up garages
1 x workshop
Site was originally 2 houses
47 East Street, Liverpool, L22 8QR
RESIDENTIAL
Description
Accommodation
This is a spacious first floor 2 bedroom duplex flat situated in a highly
regarded location close to the promenade in Waterloo. The property
benefits from a private entrance, double glazing, central heating and an
off road parking space. Following a small scheme of mainly cosmetic
works the property would be ideal for investment purposes or owner
occupation.
First Floor: Double bedroom, bathroom/WC, open plan kitchen/living room
Second Floor: Large double bedroom, shower room/WC
Outside: Secure private entrance, off road parking space
Location
Just off Mount Pleasant and Wellington Street the flat is located on a
quiet residential street in Waterloo. The train station, Marine Lake and
numerous shops, bars and restaurants are all within walking distance.
Why Buy?
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2 Bedroom duplex apartment
2 Bathrooms
Great location
Off road parking space
Central heating & double glazing
13 Church Road West, Liverpool, L4 5UE
LOT
RESIDENTIAL
21
Description
Accommodation
This is a deceptively large mid terrace 4 bedroom property located just
off County Road. The property is in average condition throughout but
does require some updating and redecoration. The property benefits
from double glazing and central heating. The property is ideal as an
investment and would require only a small scheme of works prior to
renting.
Ground floor: Hall, front reception room, rear reception/dining room,
kitchen, utility room
First floor: 4 x bedrooms, bathroom
Outside: Yard to the rear, on-street parking to the front
Why Buy?
Location
Church Road West is located at the top end of County Road close to
the junction with Queens Drive. There are numerous amenities and
shops within walking distance on County Road. Liverpool City Centre is
just 3 miles away with good public transport links.
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4 Bedrooms
Double glazing
Central heating
Ideal investment
235 B Finch Lane, Knotty Ash, Liverpool, L14 4AE
LOT
MIXED USE
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Description
Location
This is a mid terrace mixed use property providing a ground floor retail
unit and a 2 bedroom flat to the upper floors. The retail unit has been
used as a private gym and would require a full refurbishment if turned
back into retail use. The property is on a busy parade of shops including
a pharmacist, hair dresser, book maker and takeaway, and benefits from
good footfall.
On the terrace situated at the corner of Finch Lane and Max Road in a
mainly residential area of Stoneycroft. Only 5.5 miles from Liverpool City
Centre.
Venmores have not inspected the flat but have been informed that it is
currently tenanted at £60pw and consists of 2 x bedrooms, living room,
kitchen and bathroom over first floor and attic.
Why Buy?
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Retail unit
2 bedroom Flat
Ideal investment
LOT
23
SFF 87 Anfield Road, Liverpool, L4 0TJ
RESIDENTIAL
Description
Accommodation
This is a second floor 2/3 bedroom self contained flat with entrance to
Anfield Road. The property is reasonably sized with a modern kitchen
diner and bathroom with electric shower. In need of some updating and
decoration but ideal as a rental investment once works have been
carried out. The property is right in the heart of Anfield which is currently
undergoing major regeneration.
Kitchen diner, bathroom, bedroom 1, bedroom 2,
living room/bedroom 3
Location
Why Buy?
Situated on the corner of Anfield Road and Sunbury Road in the Anfield
district approximately 3 miles from the city centre and just a short walk
from Liverpool Anfield Stadium.
LOT
24
NB: The buyers fee for this property will be £750.00 + Vat
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2/3 Bedroom
Top floor flat
Regeneration area
65 East Lancashire Road, Liverpool, L11 7AY
RESIDENTIAL
Description
Accommodation
This is a really good size 3 bedroom end terrace property in need of
modernisation. The property is well laid out and would be ideal as a
family home once a scheme of refurbishment has been completed. The
property benefits from partial double glazing, rear garden, front driveway
and attached garage. Plenty of potential to add value and would make a
good rental investment.
Ground floor: Hall, 2 Living rooms, Kitchen, Dining room, Lean-to
First floor: 2 x Double bedrooms, Single bedroom, bathroom
Outside: Garden to rear, paved front garden, garage
Why Buy?
Location
The property is situated fronting East Lancashire Road close to its
junction with Stopgate Lane in the L11 district of Liverpool. The East
Lancashire Road itself is a main arterial route into Liverpool with regular
public transport services into Liverpool City Centre.
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3 Bedrooms
End terrace
Drive & garage
Partial double glazing
Guide Price* £25,000 - £30,000
Description
This is a fifth floor, high rise apartment in good condition throughout and
currently let by way of an Assured Shorthold Tenancy producing £5,400
per annum. The property benefits from views across the city and
LOT
INVESTMENT
Location
Why Buy?
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Accommodation
2 Bedroom apartment
Modern kitchen and bathroom
Secure intercom access
Lift to all floors
Car park to rear
Guide Price* £25,000 - £30,000
LOT
INVESTMENT
Description
Accommodation
This is a fifth floor, high rise apartment in good condition throughout and
currently let by way of an Assured Shorthold Tenancy producing £5,400
per annum. The property benefits from views across the city and
Location
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Why Buy?
bathroom
LOT
27
Land to rear of 30 Parkfield Road, Aigburth, Liverpool, L17 8UJ
Description
A rare development opportunity sited to the rear of 30 Parkfield Road.
The site benefits from Planning for 2 X 2 bed semi-detached and 1 X 2
bed detached with each property providing a drive for two cars and
private south west facing gardens to rear. The plans offer exciting
architecture to include full height glazed features and roof lights and the
proposed layouts include an open plan kitchen diner, living rooms with
height glazing to rear, porch, ground floor WC, large double bedrooms
and first floor WC/ bathroom
Why Buy?
• Development opportunity
• Planning for 2 X 2 bed semi-detached and 1 X 2 bed
detached.
• Popular Location
Location
The land is situated to the rear of No: 30 Parkfield Road which runs off
Aigburth Road near the popular Lark Lane and Sefton Park Area in
South Liverpool.
LAND
Land at Great Mersey Street, Liverpool, L5 7TR
Description
A plot of land extending to approximately 785sq.m with potential for
development subject to the relevant consents. The land is in a
predominately residential area and we are informed in the past the land has
benefited from planning permission for two blocks of three terraced houses.
LOT
LAND
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Why Buy?
• Potential for Development
• Site approx 785sq.m
• Previously had planning for 6 Houses
Location
The property is situated adjacent to Stanley Road at its junction with
Lancaster Street approximately 1.5 miles north of Liverpool City Centre
Land at 24 Freehold Street, Liverpool, L7 0JJ
Description
This is a large cleared plot of land. The vendor has informed Venmores
that on the plot there was once a detached property configured to
provide 5 x flats, therefore it should be possible to reinstate 'like for like'
at the site. There is also the potential to submit alternative plans for a
larger scheme, which, if the relevant consents were granted, could
increase the number of units able to be built and thus increase the value
of the land and eventual development.
LOT
LAND
Why Buy?
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Previously 5 x flats
Large cleared plot
Potential for large scheme
NB - All historical property data and any planning enquiries
should be made directly through The Liverpool City Councils
relevant departments
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LOT
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Ground rents, 47 & 49 East Street, 16 & 18 Mason Street, L22 8QR
GROUND RENTS
Description
The freehold interest includes only residential accommodation within a
purpose build block of 4 x flats, each with annual ground rents of
£100pa.
Location
The properties included in this freehold are located 47 & 49 East Street
and 16 & 18 Mason Street in the Waterloo area of North Liverpool.
There are numerous amenities, shops and restaurants within walking
distance with schools and Waterloo rail station close by. Liverpool City
Centre is approximately 6 miles away.
Why Buy?
NB: For full details of all leases and tenancies relating to this lot
please refer to the legal pack which can be downloaded directly
from our website www.venmoreauctions.co.uk
LOT
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• £400 annual rent
• Freehold reversion
5 Albany Road, Old Swan, Liverpool, L13 3BJ
• 4 x properties
RESIDENTIAL
Description
Accommodation
This is a large 3 bedroom mid terrace property in need of
modernisation. The property is very well proportioned and benefits from
2 receptions, dining room, galley kitchen, pantry, 3 large bedrooms,
generous bathroom, additional WC, double glazing, large rear yard and
brick built shed. Once a scheme of refurbishment has been done the
property would be ideal as a family home or for re-sale on the open
market.
Ground floor: Entrance hall, front reception, open plan living room, dining
kitchen, pantry
First floor: Family bathroom, 3 x bedrooms
Outside: Yard to rear with large brick shed, on-street parking to front
Why Buy?
Location
Accessed directly from Derby Lane the property is ideally located for
nearby amenities like the Tesco & Asda as well as direct access to
Queens Drive.
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3 bedroom
Generous sized bedrooms
Sought after location
104 Lodge Lane, Liverpool, L8 0QN
Description
This is a large 3 storey corner property currently configured as a
restaurant to the ground floor and 8 x self contained flats to the upper
floors, as a mix of studio and one bedrooms. Planning permission has
recently been granted to reconfigure the upper floors to provide 1 x
studio flat and 2 x 7 bedroom HMO houses, providing 15 x en-suite
bedrooms in total. The restaurant is currently producing £23,400pa, and
if each of the letting rooms were rented at £90pw inclusive of bills, then
the total potential gross income would be circa £93,600pa.
LOT
INVESTMENT
Why Buy?
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Restaurant producing £23,400pa
Planning permission for 15 bedrooms
Potential to achieve in excess of £90,000pa
Close to Sefton Park
Planning permission and all related documents can be found at
Liverpool City Councils Planning Portal: REF - 15F/2573
Location
On the corner of Lodge Lane and Ritson Street in South Liverpool. Just
a few minutes walk from Princes & Sefton Parks. There are numerous
amenities on Lodge Lane and public transport links close by on
Croxteth Drive and Smithdown Road.
Copies of the current floor plans and proposed floor plans available on
request.
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6 Ennerdale Court, North Drive, Wallasey, CH45 0LZ
RESIDENTIAL
Description
Accommodation
This is a good size purpose built 2 bedroom first floor flat in a highly
sought after location. The property is in good condition throughout and
benefits from double glazing, central heating and communal parking.
Ideal as a long term investment or for a first time buyer.
Communal front entrance with secure intercom system
First floor flat: Entrance hall, bedroom 1 with fitted robes, bedroom 2,
kitchen, bathroom, large lounge
Outside: Communal garden, communal car park
Location
On a large plot at the corner of North Drive and Ennerdale Road, close
to New Brighton Pier. There are numerous shops, bars and restaurants
within walking distance. Ideally located for access to New Brighton,
Wallasey and is only 6 miles from Liverpool City Centre.
LOT
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Why Buy?
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2 Bedrooms
Vacant possession
Highly sought after area
Perfect rental investment
84 Beaumont Street, Liverpool, L8 0XA
Guide Price* £60,000 - £65,000
Description
A three bedroom mid terraced property in good condition. The property
comprises of an entrance hall, Large open plan lounge/dining room,
kitchen, three double bedrooms and family bathroom. This property is
ideal for investors looking for buy to let properties and first time buyers,
especially student landlords. The property could be reconfigured to
provide 4 letting rooms and if rented at £75pppw the total potential
income would be in excess of £15,000pa.
access to Liverpool City Centre being positioned approximately only 1.5
miles away.
Accommodation
Ground Floor: Hall, through living/dining room, kitchen
First Floor: 3 Bedrooms, bathroom
Why Buy?
Location
The property is situated off the Lodge Lane ideal for easy access into
Liverpool city centre and all of vast array of local amenities such as
shops, restaurants and supermarkets. Well placed with public transport
links such as local bus routes and Brunswick train station for easy
RESIDENTIAL
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Mid Terrace
Popular Location
3 Bedrooms
Ideal student investment
Guide Price* £25,000 - £30,000
LOT
INVESTMENT
Description
Accommodation
This is a sixth floor, high rise apartment in good condition throughout and
currently let by way of an Assured Shorthold Tenancy producing £5,400 per
annum. The property benefits from views across the city and Liverpool bay,
secure intercom system, lift service to all floors, modern kitchen and
bathroom, double glazing and electric storage heating.
Location
Why Buy?
bathroom
Guide Price* £25,000 - £30,000
LOT
INVESTMENT
Description
Accommodation
This is a sixth floor, high rise apartment in good condition throughout and
currently let by way of an Assured Shorthold Tenancy producing £5,400 per
annum. The property benefits from views across the city and Liverpool bay,
secure intercom system, lift service to all floors, modern kitchen and
bathroom, double glazing and electric storage heating.
Location
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Why Buy?
bathroom
LOT
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7 Ash Grove, Prescot, L35 5BD
RESIDENTIAL
Description
Accommodation
This is a good size 3 bedroom semi-detached house in Prescot. The
property is in decent order but could do with decoration throughout. Once
a small scheme of works have been completed the property would be ideal
as a long term investment or resold as a family home on the open market.
The property had cavity wall insulation fitted last year and also benefits from
a new boiler and double glazing.
Ground floor: Entrance hall, front reception, rear reception, under stair
storage, kitchen, utility room
First floor: 2 x double bedrooms, 1 x single bedroom, bathroom
Outside: Garden, garage and drive to the front, garden and brick built
shed to the rear
Location
Accessed directly from Warrington Road. Only a few minutes walk to
Cables Retail Park which has a large Tesco, McDonalds, Argos amongst
others. Only a few minutes drive to Prescot Town Centre.
Why Buy?
• Semi-detached
• 3 bedrooms
LOT
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6 Littlewood Close, Whiston, Prescot, L35 3XQ
• Potential to add value
• Ideal family home
RESIDENTIAL
Description
Accommodation
This is a modern four bedroom detached house situated in a popular
residential area of Whiston occupying a quiet cul-de-sac position. The
property benefits from double glazing, central heating, downstairs
cloaks, ensuite to the master bedroom, detached garage with gardens
to the front and rear. Following some minor upgrading the property
would be ideal for owner occupation, resale on the open market or
investment purposes.
Ground Floor: Entrance hall, cloakroom/WC, lounge, dining room, kitchen
First Floor: 4 Bedrooms with master ensuite, family bathroom
Outside: Gardens to front and rear, driveway providing off road parking
leading to detached garage
Why Buy?
Location
Situated off Copperwood Drive ideally situated close to local amenities
and useful travel links being only a short walk away from Whiston
station, with Whiston Hospital being less than one mile away.
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4 Bed detached
Popular location
Detached garage
Gardens front and rear
Guide Price* £25,000 - £30,000
LOT
INVESTMENT
Description
Accommodation
This is a tenth floor, high rise apartment in good condition throughout
Location
Why Buy?
bathroom
Guide Price* £25,000 - £30,000
LOT
INVESTMENT
Description
Accommodation
This is a thirteenth floor, high rise apartment in good condition
throughout and currently let by way of an Assured Shorthold Tenancy
producing £5,400 per annum. The property benefits from views across
the city and Liverpool bay, secure intercom system, lift service to all
floors, modern kitchen and bathroom, double glazing and electric
storage heating.
Location
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Why Buy?
bathroom
LOT
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4 Homebank House, 1 Bidston Road, Prenton, CH43 2GB
Description
RESIDENTIAL
The property has fantastic views over the Wirral peninsular to the Welsh hills.
This is a 1 bedroom retirement apartment located on the ground floor of a
dedicated retirement development. The development is strictly for residents over
the age of 60, however please note that although you must be over 60 to occupy
the apartment, anyone has the right to purchase the property and can rent out
for investment purposes! There are 60 apartments arranged over 5 floors with lift
access to all floors, the development benefits from an on-site house manager,
communal laundry and residents lounge. The apartment has a TV aerial point,
emergency pull cord, electric storage heaters, emergency intercom and a nice
view over the gardens.
Accommodation
Located on the ground floor level the property comprises entrance hall, Living
room, Kitchen, Bedroom, and bathroom
Outside: There are communal gardens and parking on the grounds
Why Buy?
Location
On Bidston Road in the Oxton/Prenton area of the Wirral. The property is within
walking distance from numerous shops and public transport. Birkenhead Town
Centre is only 1.5 miles away and Liverpool City Centre is only 4.5 miles away.
LOT
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• House manager
• Residents lounge
10 Kingscourt, Kings Mount, Prenton, CH43 5RG
Guide Price* £40,000 - £45,000
Description
• Communal laundry
• Tenants strictly 60yrs
RESIDENTIAL
restaurants within walking distance in nearby Oxton Village.
This is a good size second floor 2 bedroom leasehold flat in a purpose
build development of 16 flats in total, sold with vacant possession. The
property benefits from a modern kitchen, double glazing and electric
storage heaters. The flat is well laid out with ample sized rooms and
would make a great rental investment.
Accommodation
Flat: Entrance hall, living room, bedroom 1, bedroom 2, bathroom, kitchen
Outside: Communal gardens to the front, off-street parking to the side and
rear
NB - we have been informed that the service charge is circa
£750.00pa paid in 10 instalments and ground rent is £8.00pa. At
present there are 52 years remaining on the lease.
Why Buy?
Location
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The property is at the top end of Kings Mount close to the junction with
Beesborough Road. There are numerous amenities, shops, bars and
2 bedrooms
Good condition
Ideal rental property
Off-street parking
59 Caldy Road, Liverpool, L9 4RZ
LOT
RESIDENTIAL
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Description
Accommodation
This is substantial semi-detached house currently configured as two
self-contained flats situated in a sought after residential area of Aintree.
The property requires a full scheme of repair and refurbishment and
could easily be reverted back to a spacious family home.
Ground Floor: Entrance hall, 3 reception rooms, kitchen, bathroom
First Floor: 4 Bedrooms, bathroom
Second Floor: 3 Attic rooms
Outside: Garden to rear
Location
Accessed of Warbreck Moor close to the many local amenities and just
a short walk from Aintree railway station and the famous Aintree race
course.
Why Buy?
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Substantial semi-detached property
Currently 2 x self-contained flats
Requires refurbishment
Excellent location
115 Adelaide Road, Kensington, Liverpool, L7 8SH
LOT
RESIDENTIAL
Description
Accommodation
This is a good size 3 bedroom mid terrace property in need of some
modernisation prior to occupation. Currently configured as a 3 bedroom
property, but has the potential to use the front reception as a fourth
bedroom and also some possibilities to go into the loft, subject to
gaining the relevant consents. The property would be ideal as a young
professional HMO with the new Royal hospital a few minutes walk away
and Liverpool universities all close by.
Ground floor: Entrance hall, through living/dining room, kitchen
First floor: 3 x bedrooms, bathroom
Outside: Yard to rear, on-street parking to front
Why Buy?
Location
Accessed from the Edge Lane end of Kensington. The Royal Liverpool
Hospital and all universities within walking distance. Liverpool City
Centre is only 1.5 miles away. There are numerous amenities, shops,
bars and restaurants in close proximity.
•
•
•
•
3 Bedrooms
Ideal investment
Close to Royal hospital
Good rental area
44
LOT
45
155 Kensington, Liverpool, L7 2RE
Description
This is a 5 bedroom mid terrace property let as a HMO by way of a 5
year tenancy. The property is rented at £650pcm and runs until the 1st
of April 2017 giving a guaranteed income for 12 months and potential
to negotiate a new 5yr lease. Each bedroom/bedsit is fully furnished
with a bed, wardrobe, chest of drawers, armchair, table & dining chair.
The communal kitchen is furnished with white goods and all cutlery,
crockery and utensils are provided. The property also benefits from
partial double glazing and central heating. The property also benefits
from an advertising hoarding to the gable end which is on a long lease
of £1000pa. Therefore the current annual income is £8,800pa.
INVESTMENT
Why Buy?
• Guaranteed rent until 2017
• 5 bedrooms
• Income of £650pcm/£7800pa • Fully furnished
• Advertising board £1000pa
Location
The property is ideally located on Kensington in a popular student area
within walking distance to numerous shops and the Royal Liverpool
Hospital. Liverpool City Centre is about 1.5 miles away with both
universities within walking distance from the property.
Accommodation
ground floor: Communal lounge, communal kitchen, WC
First floor: 3 x bedrooms
Second floor: 2 x bedrooms, communal bathroom
Outside: Yard to the rear, advertising board to side elevation
41 - 43 Seymour Terrace, Seymour Street, Liverpool, L3 5PE
COMMERCIAL
Description
This is a pair of Freehold interconnected Grade II listed terraced
buildings arranged over four storeys with 4 car parking spaces within
the secure rear car park included in the title. The property is owned
and has been operated by Alder Hey NHS Foundation Trust being
used for offices and clinical services and as such has been well
maintained throughout and benefits from a modern gas central heating
system.
The property could suit various commercial uses or conversion back
to residential subject to the relevant permissions. A number of the
existing buildings in Seymour Terrace have been converted to provide
high quality student accommodation with rents in excess of £120 per
week per room achievable due the excellent location.
Why Buy?
•
•
•
•
•
Grade II listed terrace property
Excellent city centre location
Potential for residential conversion STPP
4 Car secure parking spaces
Well maintained throughout
Location
Situated in a highly regarded and convenient city centre location,
opposite Lime Street station just a few minutes walk from the majority
of the University buildings and the new teaching hospital.
Accommodation
The following area measurements are on a net internal basis excluding
stairs, WCs and non-structural internal partitions
Lower Ground Floor 757²ft (70.33²m): 2 Offices, 4 store rooms
Ground Floor 813²ft (75.53²m): Reception area, 3 offices, WCs
First Floor 842²ft (78.22²m): Kitchen/staff room, 5 offices, store room,
WC
Second Floor 811² (75.34²m): 8 Offices, store room, WC
Outside: Rear access to secure car park with 4 allocated parking
spaces included on title
LOT
46
LOT
47
RESIDENTIAL
Description
Location
This is a well presented and good size one bedroom lower ground floor
apartment. Venmores have not carried out an internal inspection but
have been informed by the vendor that the apartment briefly comprises
stairs down to apartment, separate kitchen, living room, bedroom and
shower room. There is a communal entrance with secure intercom
system, while the apartment also benefits from Double glazing and
central heating. This apartment would be ideal rental investment.
The vendors are interested in listening to any reasonable cash offers
prior to auction, but parties must be in a cash position and be able to
exchange under auction terms & conditions prior to the auction on the
13th April.
There will be no viewings with the apartment prior to the auction but
there are recent photographs available via our website
Accessed directly from West Derby Road. Plenty of shops, bars and
restaurants within walking distance with regular buses to and from
Liverpool City Centre, which is approximately 3 miles away.
LOT
48
NB - The buyers fee for this lot will be £750 + VAT
Why Buy?
• Lower Ground floor flat
• 1 bedroom
• Double glazed
• Central heated
RESIDENTIAL
Description
Location
This is a well presented and good size one bedroom lower ground floor
apartment. Venmores have not carried out an internal inspection but
have been informed by the vendor that the apartment briefly comprises
stairs down to apartment, separate kitchen, living room, bedroom and
bathroom. There is a communal entrance with secure intercom system,
while the apartment also benefits from Double glazing and central
heating. This apartment would be ideal rental investment.
The vendors are interested in listening to any reasonable cash offers
prior to auction, but parties must be in a cash position and be able to
exchange under auction terms & conditions prior to the auction on the
13th April.
There will be no viewings with the apartment prior to the auction but
there are recent photographs available via our website
Accessed directly from West Derby Road. Plenty of shops, bars and
restaurants within walking distance with regular buses to and from
Liverpool City Centre, which is approximately 3 miles away.
NB - The buyers fee for this lot will be £750 + VAT
Why Buy?
•
•
•
•
Lower Ground floor flat
1 bedroom
Double glazed
Central heated
144 Parr Stocks Road, St Helens, WA9 1PB
Guide Price* £30,000 - £35,000
LOT
INVESTMENT
49
Description
Accommodation
This is a two bedroom end terrace house let by way of an Assured
Shorthold Tenancy to a long term tenant currently producing £4,740 per
annum. The property is in good condition throughout and benefits from
gas central heating and double glazing. The property produces an
excellent yield and would be ideal for both the professional or first time
investor.
Ground Floor: Through living/dining room, kitchen, bathroom/WC
First Floor: 2 Double bedrooms
Outside: Yard to rear
Location
Why Buy?
Ideally located close to local shops and schooling and just a mile from
the town centre.
•
•
•
•
2 Bed end terrace
Producing £4,740 per annum
Long term tenant
Central heating and double glazing
75 Sutcliffe Street, Liverpool, L6 6AS
LOT
RESIDENTIAL
Description
Accommodation
A 2 bedroom middle terrace property situated in a popular residential
location, currently vacant and in need of modernising. The property
benefits from double glazing and central heating. Once a scheme of
refurbishment has been completed the property would be ideal as a
rental investment.
Ground Floor: Lounge, kitchen, bathroom
First Floor: Two bedrooms
Outside: Yard to the rear
Location
Situated between Molyneux Road and Boaler Street in a popular
location conveniently placed for shops and public transport
approximately 2 miles from Liverpool City Centre.
Why Buy?
•
•
•
•
2 Bedrooms
Double glazing and central heating
50
Your property could be sold at our
next auction on the
2nd of June 2016
Closing date for instructions, 6th May 2016
With a data base of thousands of cash
buyers why not try Venmore Auctions
as an alternative method of selling.
ON
I
T
E
AUC JUN
2ND
Buying or Selling at
auction and need
immediate advice?
Call Paul Crowley & Co.’s Specialist Property
Auction Lawyer Mike Carter on 0151 264 7363
For an award winning service call the ONLY law firm in Merseyside with the
Law Society Conveyancing Quality Scheme and Lexcel accreditations,
Investors in People and Your Move’s Best Property Law Firm award
www.paulcrowley.co.uk
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Tel: 0151 236 1166 Email: [email protected]
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Telephone / Proxy
bidder form
Date of Auction
Lot Number
Type of Bid: PROXY / TELEPHONE (please circle as required)
I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions attached
hereto and I understand that should my bid be successful the offer will be binding upon me.
Address of Lot
Maximum Bid Price £
Words
Deposit £
(To be 10% of maximum bid, minimum £2,000)
Buyers fee £400.00 + Vat (£480.00) Unless specified differently in Sales Particulars
TOTAL £
(Cheque enclosed / Card details enclosed)
Purchasers Details
Full Name(s)
Company
Address
Postcode
Mobile Phone number
Home/ Business Phone
Solicitors Details
Company Name & Address
Postcode
Phone Number
Reference
I authorise the auctioneer to sign the Memorandum of Sale/Contract on my behalf and I recognise that I will
then be the fully bound purchaser of the property referred to above and must complete this transaction within
the specified time in the Conditions of Sale
Signature of the Prospective Purchaser
Date
Telephone Bidders Note
1) A member of staff will attempt to contact the bidder by telephone prior to the lot concerned being offered for sale. If it
is impossible to obtain telephone contact, or the line breaks down, the auctioneer is authorised to continue to bid on
behalf of the telephone bidder up to the maximum bid stated on this form.
2) Should the telephone bidder exceed the bidding price stated on this form, the balance of the deposit must be
forwarded to the auctioneers promptly
Terms & Conditions for
Telephone and Proxy Bidders
All prospective bidders wishing to bid by telephone or proxy
should complete and sign the Telephone/Proxy Bidding Form
attached. The bidder shall have had sight of and accept the terms
of the Sale Memorandum which will form part of the contract
should their bid be successful.
The Auctioneer reserves the right to refuse a bid on behalf of the
Telephone/proxy bidder should there by any confusion as to the
Maximum Bid Price or with any error in the accompanying
cheque.
A separate form must be completed for each Lot the bidder
wishes to bid on.
The completed form(s) must be delivered to Venmore Auctions,
Imperial Buildings, 9 Dale Street, Liverpool, L2 2SH by hand or
post no later than 24 hours prior to the auction commencing.
Any agreed alteration to any telephone/proxy bidding form at any
time, prior to, or on the day of the auction, must be done so in
writing and prior to the commencement of the auction.
The telephone/proxy bidder must provide a banker’s draft,
solicitor’s client account cheque, person or company cheque,
which must be drawn upon a UK clearing bank account of the
buyer and be for 10% of the maximum bid or £2,000, which ever
is the greater, to be made payable to Venmore Auctions.
Alternatively the bidder can supply credit or debit card details to
the auction department who will deduct the deposit from the card
upon exchange of contracts.
The telephone/proxy bidder appoints the Auctioneer as agent and
authorises the Auctioneer to bid for the relevant Lot on behalf of
the telephone/proxy bidder in such manner as the Auctioneer
thinks fit up to the Maximum Bid Price.
The telephone/proxy bidder shall be considered to have inspected
the Auction particulars for the relevant Lot, the general terms and
conditions of sale, the Special Conditions of sale and any
amendments or addendums to any of these and to have full
knowledge thereof.
The telephone/proxy bidder authorises the Auctioneer or any duly
authorised employee of Venmore Auctions as the proxy bidder’s
agent to sign the Sale Memorandum incorporating all such
matters at or after the auction.
The telephone/proxy bidder shall be deemed to have taken all
necessary professional and legal advice and to have made the
appropriate enquiries, searches, surveys and inspections in
respect of any relevant Lot and has knowledge of any
announcements made from the rostrum of any amendment or
addendum relating to the relevant Lot.
Venmore Auctions reserve the right not to bid on behalf of the
telephone/proxy bidder in the event of any error, doubt or
omission, uncertainty as to any bid, or for whatever reason, and
give no warranty or agreement that any bid will be made on behalf
of the bidder and accept no liability if no bid is made on behalf of
the bidder for any Lot.
In the event that the telephone/proxy bidder is successful the
Auctioneer will sign the Sale Memorandum on behalf of the seller
(a binding contract between the seller and buyer is formed on the
fall of the hammer) and forward the seller’s signed part of the
contract to the bidder’s solicitor.
In the event that the lot is knocked down to the proxy bidder,
details of the amount of the deposit monies shall be inserted into
the Sale Memorandum. Where any cheque presented by a bidder
in payment of the deposit exceeds the required 10% any excess
will not be returned and will form an increased deposit and will be
held in accordance with the general terms and conditions of sale
or any variations on them contained in the special conditions.
The telephone/proxy bidder will be advised if the relevant Lot has
been successfully purchased on his behalf as soon as possible
after the auction. In the event that the proxy bidder is
unsuccessful at the auction, the deposit cheque or bankers draft
shall be returned promptly by the Auctioneer to the proxy bidder.
The Auctioneer reserves the right to bid himself or through an
agent up to the reserve price for the Lot.
Unless the relevant Lot is sold to the telephone/proxy bidder, the
amount of the telephone/proxy bidders bid will not be disclosed
to the Seller or any other person either during or after the sale
without the telephone/proxy bidders consent.
Telephone/Proxy bidders are advised to contact Venmore
Auctions immediately prior to the Auction to ensure that there are
no amendments to the particulars of sale or conditions relating to
the relevant Lot or other matters relating to it.
The
telephone/proxy bidder will be deemed to have knowledge of
such amendments and will buy subject to them in any event.
If the telephone/proxy bidder wished to attend the Auction and
bid in person they must notify the Auctioneer in writing and the
Auctioneer will not make any bids on their behalf.
Two forms of identification in accordance with Money Laundering
Regulations must be submitted with all Proxy Bidding Forms. For
details of identification accepted please visit the website
www.venmoreauctions.co.uk. Details are also available within the
auction catalogue.
Successful bidders will also be required to pay a Buyer’s
administration fee in the sum of £400.00 Plus VAT (unless
specified differently in sales particulars) for each Lot purchased.
Please note all cheques are to be made payable to
Venmore Auctions.
Common Auction Conditions
(Third Edition)
INTRODUCTION
The common auction conditions have three main
sections
1. Glossary
This gives special meanings to some words used in
the rest of the 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.
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 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 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. The contract by which the seller agrees
to sell and the buyer agrees to buy the lot
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 Our decision on the conduct of the auction is
final.
A2.3 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.
A2.4 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.
A3 Bidding and reserve prices
A3.1 All bids are to be made in pounds sterling
exclusive of any applicable VAT.
A3.2 We may refuse to accept a bid. We do not have
to explain why.
A3.3 If there is a dispute over bidding we are entitled
to resolve it, and our decision is final.
A3.4 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.
A3.5 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.
A3.6 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.
A4 The particulars and other information
A4.1 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.
A4.2 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.
A4.3 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.
A4.4 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.
A5 The contract
A5.1 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.
A5.2 You are obliged to buy the lot on the terms of
the sale memorandum at the price you bid plus VAT
(if applicable).
A5.3 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.
A5.4 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.
A5.5 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.
A5.6 We may retain the sale memorandum signed
by or on behalf of the seller until the deposit has been
received in cleared funds.
A5.7 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.
A5.8 Where the buyer is a company you warrant that
the buyer is properly constituted and able to buy the
lot.
A6 Extra Auction Conduct Conditions
A6.1 Despite any special condition to the contrary
the minimum deposit we accept is £1,500.00 or the
total price, if less). A special condition may, however,
require a higher minimum deposit.
GENERAL CONDITIONS OF SALE
Words in bold blue 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,
(Third Edition)
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 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.
G3.2 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.
G3.3 Section 47 of the Law of Property Act 1925
does not apply.
G3.4 Unless the buyer is already lawfully in
occupation of the lot the buyer has no right to enter
into occupation prior to completion.
G4. Title and identity
G4.1 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.
G4.2 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
(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.
G4.3 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.
G4.4 The transfer is to have effect as if expressly
subject to all matters subject to which the lot is sold
under the contract.
G4.5 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.
G4.6 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.
G5. Transfer
G5.1 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.
G5.2 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.
G5.3 The seller cannot be required to transfer the lot
to anyone other than the buyer, or by more than one
transfer.
G6. Completion
G6.1 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.
G6.2 The amount payable on completion is the
balance of the price adjusted to take account of
apportionments plus (if applicable) VAT and interest.
G6.3 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.
G6.4 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.
G6.5 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.
G6.6 Where applicable the contract remains in force
following completion.
G7. Notice to complete
G7.1 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.
G7.2 The person giving the notice must be ready to
complete.
G7.3 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.
G7.4 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.
G8. 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.
G9. Landlord’s licence
G9.1 Where the lot is or includes leasehold land and
licence to assign is required this condition G9
applies.
G9.2 The contract is conditional on that licence being
obtained, by way of formal licence if that is what the
landlord lawfully requires.
G9.3 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.
G9.4 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.
G9.5 The buyer must:
(a) promptly provide references and other relevant
information; and
(b) comply with the landlord’s lawful requirements.
G9.6 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 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 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.
G13. Rent deposits
G13.1 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.
G13.2 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.
(Third Edition)
G13.3 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.
G14. VAT
G14.1 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.
G14.2 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.
G15. Transfer as a going concern
G15.1 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.
G15.2 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.
G15.3 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.
G15.4 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.
G15.5 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
G15.6 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.
G16. Capital allowances
G16.1 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
sold subject to tenancies that include service charge
provisions.
G22.2 No apportionment is to be made at
completion in respect of service charges.
G22.3 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.
G22.4 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.
G22.5 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.
G22.6 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.
G23. Rent reviews
sold subject to a tenancy under which a rent review
due on or before the actual completion date has not
been agreed or determined.
G23.2 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.
G23.3 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.
G23.4 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.
G23.5 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.
G23.6 When the rent review has been agreed or
determined the buyer must account to the seller for
any increased rent seller’s period of ownership within
five business days of receipt of cleared funds.
G23.7 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.
G23.8 The seller and the buyer are to bear their own
costs in relation to rent review negotiations and
proceedings.
G24. Tenancy renewals
G24.10 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.
G24.20 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.
G24.30 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.
G24.4 Following completion the buyer must:
(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.
G24.5 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.
G25. Warranties
G25.1 Available warranties are listed in the special
conditions.
G25.2 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.
G25.3 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.
G26. 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.
G27. Registration at the Land Registry
G27.1 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.
G27.2 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.
G28. Notices and other communications
G28.1 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.
G28.2 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.
G28.3 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.
G28.4 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.
G29. 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.
Notes
Notes
a
A GUIDE TO FIND THE LOCATION
O
Merseyside area map
You can use the map below as a guide
to find the location of our properties
L38
L38
L31
L
31
L29
L29
L23
L
23
L22
L22
M58
M
58
L
30
L30
L33
L33
L32
L
32
L21
L21
L10
L10
L9
L9
WA
W
A
L11
L
11
L20
L
20
L4
L4
L6
L
6
L5
L5
L3
L3
L
2
L2
L77
L
L
L11
L17
L
17
MEET THE
CH
CH
TEAM
M
M53
53
L12
L
12
M57
M57
L13
L
13
L14
L14
L36
L36
L16
L
16
L15
L
15
L8
L
8
L
34
L34
L18
L
18
L
27
L27
M62
M
62
L
35
L35
L25
L
25
L
26
L26
L19
L
19
L24
L
24
2
4
WA
W
A
E
Early Bird Updates
Want to be the first to know about new instructions?
If you want to be the first to find out about new instructions then all you need to do is register online at
w
www.venmoreauctions.co.uk call one of our auction team on 0151 236 6746 or speak to someone on the day of the
auction. All we need is your name, email address, telephone number, the type of property you are currently looking for
and we will send you regular updates of any opportunities that suit your personal requirements.
It’s completely free to join and will keep you one step ahead of the competition!
Our Branches
Our offices cover Liverpool, Southport & Wirral
Trading as Venmore in Liverpool, Ball & Percival in Southport
and Bradshaw Farnham & Lea in Wirral, we believe this offers
our clients a much broader service and the ability to deal with
the same agent even if moving slightly further afield
Auction Department
Imperial Buildings, 9 Dale Street,
Liverpool, L2 2SH
Telephone 0151 236 6746
[email protected]
Moreton
256 Hoylake Road, Moreton
Wirral, CH46 6AF
Telephone 0151 678 9760
[email protected]
Survey & Valuation
Liverpool, L2 2SH
Telephone 0151 236 0301
[email protected]
Bebington
6 Church Road, Bebington
Wirral, CH63 7PH
Telephone 0151 645 7155
[email protected]
Property Management
Liverpool, L2 2SH
Telephone 0151 236 1166
[email protected]
Bromborough
10 Allport Lane, Bromborough
Wirral, CH62 7HP
Telephone 0151 334 5156
[email protected]
Allerton Office
8-10 Allerton Road,
Allerton, L18 1LN
Telephone 0151 733 9000
[email protected]
West Kirby
18 The Crescent, West Kirby
Wirral, CH48 4HN
Telephone 0151 625 8844
[email protected]
City Office
Liverpool, L2 2SH
Telephone 0151 236 4400
[email protected]
Heswall
7 Pensby Road, Heswall
Wirral, CH60 7RA
Telephone 0151 348 4488
[email protected]
Commercial Department
Liverpool, L2 2SH
Telephone 0151 243 5325
Prenton
357 Woodchurch Road
Prenton, Wirral, CH42 8PE
Telephone 0151 608 9595
[email protected]
Ven
Venmores
provided
rovided us with a
first class service
and dealt with the
viewings on our
property in an
expert manner.
We completed
within 4 weeks!
Thank you for
making our move
so painless!
Southport Office
132 Lord Street,
Southport, PR9 0AE
Telephone 01704 536 900
[email protected]
Ainsdale Office
36/38 Station Road,
Ainsdale, PR8 3HS
Telephone 01704 574 224
Mr & Mrs Wallis, Allerton

Property Auction - Venmore Auctions | Property Auctions Liverpool

Transcription

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