PUBLIC AUCTION - Property Logic
Transcription
PUBLIC AUCTION - Property Logic
PUBLIC AUCTION AT THIMBLEMILL RECREATION & ENTERTAINMENT CENTRE THIMBLEMILL ROAD, SMETHWICK. B67 6NR ON MONDAY 14TH SEPTEMBER 2015 AT 6.30PM Anticipated Price Range Lot 1: 93 EDITH ROAD, SMETHWICK B66 4QY Freehold 3 bedroomed part centrally heated semi-detached in need of modernisation £ 70 - 75,000 Lot 2: 39 PRIMROSE HILL, SMETHWICK B67 6RD Freehold 3 bedroomed town house, centrally heated and double glazed and in need of cosmetic improvement £ 85 - 90,000 Lot 3: 25 TURVES GREEN, NORTHFIELD B31 4AH Centrally heated and double glazed traditional semi-detached with 3 bedrooms but in need of upgrading £ 80 - 90,000 Lot 4: 76 AROSA DRIVE, HARBORNE B17 0SE Freehold 3 bedroomed semi-detached with garage, needing refurbishment £ 160 - 170,000 Lot 5: 2 DALE STREET, SMETHWICK B66 4HY Freehold 2 bedroomed villa recently double glazed but in need of general improvement £ 75 - 85,000 Lot 6: 147 TILED HOUSE LANE, PENSNETT DY5 4LL Well modernised centrally heated and double glazed 3 bedroomed semi-detached, ideal investment £ 85 - 90,000 Lot 7: 95 WEOLEY PARK ROAD, SELLY OAK B29 6QZ 3 bedroomed semi-detached with garage, in need of total refurbishment £ 120 - 130,000 Lot 8: 59 PARKES STREET, SMETHWICK B67 6BA Freehold centrally heated and double glazed 2 bedroomed corner property with 5 garages £ 105 - 110,000 Lot 9: 60 HYDES ROAD, WEDNESBURY WS10 0DF Traditional freehold centrally heated and double glazed semi, in need of upgrading £ 115 - 120,000 Lot 10: 275 PORTLAND ROAD, EDGBASTON B17 8LU Freehold 3 bedroomed semi-detached In need of some upgrading £ 140 - 150,000 Lot 11: 5 BELMONT ROAD, BEARWOOD B66 4EL Freehold 2 bedroomed terraced in need of upgrading £ 85 - 90,000 AUCTION PROPERTIES – VIEWINGS 93 Edith Road, Smethwick (Lot 1) 27.08.15 02.09.15 10.09.15 14.09.15 1.30pm 1.30pm 1.30pm 1.30pm 39 Primrose Hill, Smethwick (Lot 2) 27.08.15 02.09.15 10.09.15 14.09.15 12.30pm 12.30pm 12.30pm 12.30pm 25 Turves Green, Northfield (Lot 3) 27.08.15 02.09.15 10.09.15 14.09.15 4.15pm 4.15pm 4.15pm 4.00pm 76 Arosa Drive, Harborne (Lot 4) 27.08.15 02.09.15 10.09.15 14.09.15 2.45pm 2.45pm 2.45pm 2.45pm 2 Dale Street, Smethwick (Lot 5) 27.08.15 02.09.15 10.09.15 14.09.15 1.00pm 1.00pm 1.00pm 1.00pm 147 Tiled House Lane, Pensnett (Lot 6) 02.09.15 08.09.15 10.09.15 14.09.15 10.00am 12.30pm 10.00am 10.00am 95 Weoley Park Road, Selly Oak (Lot 7) 27.08.15 02.09.15 10.09.15 14.09.15 5.30pm 5.30pm 5.30pm 5.00pm 59 Parkes Street, Smethwick (Lot 8) 27.08.15 02.09.15 10.09.15 14.09.15 2.00pm 2.00pm 2.00pm 2.00pm 60 Hydes Road, Wednesbury (Lot 9) 28.08.15 04.09.15 11.09.15 11.15a.m 11.15am 11.15am 275 Portland Road, Edgbaston (Lot 10) 27.08.15 02.09.15 10.09.15 14.09.15 11.30am 11.30am 11.30am 11.30am 5 Belmont Road, Bearwood (Lot 11) 27.08.15 02.09.15 10.09.15 14.09.15 12.00pm 12.00pm 12.00pm 12.00pm Purchasers are advised to check with the Auctioneers as to the availability of the Lots prior to sale Lot 1 93 Edith Road, Smethwick. B66 4QY This freehold mid-terraced property is located within easy reach of Smethwick High Street, having gas central heating to the ground floor and to include three bedrooms, two reception rooms, extended kitchen, bathroom and garden to the rear, but being in need of modernisation. ENERGY RATING : E ACCOMMODATION The property stands back from the roadside behind a mainly paved foregarden with brick boundary wall, wrought iron gateway and paved footpath approach. It comprises briefly: Part Panelled Front Door Opening to: Hall Having panelled door leading to: Front Lounge 11’5” x 11’10”. Having front window and heating radiator. Rear Sitting Room 11’6” x 11’2”. Having fluorescent light strip and under stairs storage cupboard. Extended Kitchen 6’3” x 22’0”. Having single drainer stainless steel sink unit with double base cupboard beneath. Two further single base cupboards, together with double and two single high level wall cupboards. Marble effect work surfaces set in tiled surround. Side window, heating radiator, extractor fan and Vaillant combination gas central heating boiler. Lobby Having heating radiator and panelled door leading Outside. Bathroom 7’0” x 8’3”. Having white suite comprising panelled bath with grab rail set in tiled surround, pedestal hand basin with tiled splashback and low level WC. Heating radiator. A Staircase leads from the Rear Sitting Room to the First Floor Landing and off which are the following: Bedroom 1 (front) 11’5” x 11’5”. Bedroom 2 (middle) 11’5” x 11’4”. Bedroom 3 (rear) 6’4” x 10’6”. Outside Pedestrian right of way. Garden being mainly to lawn with timber fence boundaries. 93 Edith Road … GENERAL We understand the property is Freehold, all mains services are available and the local authority is Sandwell M.B.C., although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Nicholls Brimble, 409 Bearwood Road, Smethwick, West Midlands. B66 4DJ F.A.O. Philip Davies Lot 2 39 Primrose Hill, Smethwick. B67 6RD A freehold mid-town house being gas centrally heated and PVC double glazed to include three bedrooms and bathroom to the first floor, hall, lounge, dining room and kitchen, together with gardens to front and rear but being in need of cosmetic improvement. ENERGY RATING : D ACCOMMODATION The property stands back behind a grass reservation having mainly lawned foregarden, wrought iron gateway and paved footpath approach. It comprises briefly: PVC Panelled Front Door Opening to: Hall Having burglar alarm control panel. A Staircase leads from the Hall to the First Floor Landing having PVC double glazed window, hatch access to Loft and Storage Cupboard off. Approached from the Landing are the following: Bedroom 1 (front) 15’5” x 9’4”. Having heating radiator and PVC double glazed window. Bedroom 2 (front) 9’0” x 12’8”. Having heating radiator and PVC double glazed window. Bedroom 3 (rear) 10’0” x 9’10”. Having heating radiator and PVC double glazed window. Bathroom Having white suite comprising panelled bath with grab rail set in tiled surround and incorporating Gainsborough electric shower unit, pedestal hand basin with tiled splashback and low level WC. Heating radiator and obscure PVC double glazed window. Ground Floor Lounge 11’6” x 18’2”. Having wall mounted gas fire, heating radiator and PVC double glazed windows to front and rear. Dining Room 10’0” x 11’0”. Having cast iron fireplace with mantel over and tiled hearth. Wooden laminated flooring, heating radiator and cupboard off housing Potterton combination gas central heating boiler. PVC double glazed window. 39 Primrose Hill … Kitchen 7’5” x 13’5” maximum. Having single drainer stainless steel sink unit with base cupboard beneath. Four further base cupboards and three single high level wall cupboards. Rolltop work surfaces set in tiled surround. Wooden laminated flooring, plumbing for automatic washing machine, heating radiator, fluorescent light strip and PVC double glazed window overlooking Garden. Under stairs storage cupboard with fitted shelving. PVC double glazed Exit Door. Pantry off with fitted coat hooks and obscure PVC double glazed window. Outside Brick store with high level WC. Garden being mainly to lawn with timber fence boundaries. Pedestrian right of access to the rear via a secured gate. GENERAL We understand the property is Freehold, all mains services are available and the local authority is Sandwell M.B.C., although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Glover Priest, Springfield House, 56 Springfield Road, Kings Heath. Birmingham. B14 7DY F.A.O. Joel Allen Lot 3 25 Turves Green, Northfield. B31 4AH A freehold traditional style semi-detached residence located within easy reach of Northfield centre and the main Bristol Road, offering gas centrally heated and double glazed accommodation to include three bedrooms, shower room, hall, open plan lounge/dining room, kitchen, utility area, laundry, WC, gardens and substantial garage, but being in need of general upgrading. ENERGY RATING : D ACCOMMODATION The property stands well back from the roadside behind grass reservations with footpath approach leading to a lawned foregarden with evergreens. It comprises briefly: Hardwood Panelled Front Door Opening to: Open Plan Lounge/ Dining Room Comprising individually: Lounge Area 14’5” x 11’5”. Having heating radiator, double glazed window and corniced ceiling. Dining Area 10’0” x 7’5”. Having heating radiator, double glazed window and corniced ceiling. Kitchen 13’0” x 7’9”. Having single drainer stainless steel sink unit, recessed wall shelving and heating radiator. Full width work surface and wall mounted gas fired central heating boiler. Double glazed window overlooking Garden, adjoining under stairs storage space and access back to the Hall. Part double glazed PVC Exit Door to: Rear Lobby Having PVC panelled Exit Doors to Side Entrance and Garden, and providing through access to Brick Built WC. Laundry 10’2” x 7’10” maximum. Having double glazed rear window. A Staircase leads from the Hall to the First Floor Landing, naturally lit from double glazed side window and having storage cupboard. Approached from the Landing are the following: Bedroom 1 (front) 12’4” x 11’7” maximum. Having heating radiator and double glazed window. Bedroom 2 (rear) 13’4” x 8’1”. Having heating radiator, double glazed window and recessed storage cupboard with shelving above. Bedroom 3 (front) 8’0” x 8’8”. Having heating radiator, double glazed window and built in storage cupboard. Shower Room Having tiled shower unit with detachable showerhead, pedestal hand basin with tiled splashback and low level WC. Heating radiator and double glazed window. Outside Garden to the rear, mainly grassed. Substantial Detached Garage At rear. Approached via vehicular right of way. 25 Turves Green … GENERAL We understand the property is Freehold, all mains services are available and the local authority is Birmingham City Council, although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Baches, Lombard House, Cronehills Linkway, West Bromwich, West Midlands. B70 7PL F.A.O. Mrs. J.S. Styler Lot 4 76 Arosa Drive, Harborne. B17 0SE Located in this popular neighbourhood of Harborne this freehold semi-detached property is virtually PVC double glazed throughout and offers gas centrally heated accommodation to include three bedrooms, bathroom and separate WC to the first floor, hall, lounge and kitchen, together with garden to the rear, side garage and off-street parking to the front, but being in need of refurbishment. ENERGY RATING : D ACCOMMODATION The property stands back from the roadside behind a mainly tarmacadam driveway providing off-street parking. It comprises briefly: PVC Double Glazed Porch With wooden laminated flooring. Glazed Front Door opening to: Hall Having heating radiator, wall light point, storage cupboard and under stairs storage cupboard. A Staircase leads from the Hall to the First Floor Landing having cupboard off and hatch access to Loft. Approached from the Landing are the following: Bedroom 1 (front) 9’0” x 13’0”. Having heating radiator and PVC double glazed window. Bedroom 2 (rear) 12’0” x 12’4”. Having heating radiator and PVC double glazed window. Bedroom 3 (front) 7’4” x 9’6”. Having heating radiator and PVC double glazed window. Fully Tiled Bathroom Having coloured suite comprising panelled bath with grab rail and Triton electric shower unit, pedestal hand basin. Heating radiator and obscure PVC double glazed window. Separate Cloakroom Having low level WC and PVC double glazed window. Ground Floor Lounge 17’0” x 12’2”. Having coal effect gas fire with mantel over and raised hearth. Heating radiator and double glazed sliding patio doors leading Outside. Kitchen Not measured. Outside Garden to the rear being in need of cultivation. Side Garage Not measured. 76 Arosa Drive … GENERAL We understand the property is Freehold, all mains services are available and the local authority is Birmingham City Council, although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Margetts and Ritchie, Coleridge Chambers, 177 Corporation Street, Birmingham. B4 6RL F.A.O. Mr. G.R. Ritchie Lot 5 2 Dale Street, Smethwick. B66 4HY 76 Arosa Drive, Harborne. B17 0SE Located at the head of a quiet cul-de-sac close to the main Bearwood Road, a traditional freehold villa offering double glazed accommodation to include two double bedrooms and bathroom to the first floor, plus hall, two living rooms and kitchen downstairs, having gardens front and rear but being in need of general improvement. ENERGY RATING : G ACCOMMODATION The property stands back from the roadside being slightly elevated behind a small foregarden with brick boundary wall and stepped footpath approach. It comprises briefly: PVC Entrance Door With opaque glazed panel, opening to: Hall Off which are the following: Lounge 9’0” x 13’5” into double glazed bay window. Wall mounted electric fire and pine panelled door. Rear Living Room 12’0” x 13’0”. Having laminated flooring and double glazed PVC Exit Door to Garden. Under stairs storage cupboard with steps leading to BASEMENT STORAGE AREA. Half glazed pine panelled door opening to: Kitchen 8’10” x 6’6”. Having single drainer stainless steel sink unit, double base cupboard unit and two double high level wall cupboards to match. Tiled sill and double glazed side window. A Staircase leads from the Rear Living Room to the First Floor Landing off which are Two Bedrooms: Bedroom 1 (front) 12’8” x 11’5”. Having double glazed window and electric wall heater. Bedroom 2 (rear) 12’0” x 10’1”. Having double glazed window, electric wall heater, laminated flooring and built in storage cupboard. Bathroom Having pine panelled bath in tiled surround with Triton shower, pedestal hand basin with tiled splashback and low level W.C. Double glazed window and Airing Cupboard off. Wall mounted electric fire, corniced ceiling and laminated flooring. Outside Garden being mainly paved with blue brick yard and timber garden store. 2 Dale Street … GENERAL We understand the property is Freehold, all mains services are available and the local authority is Sandwell M.B.C., although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Midland Property Lawyers, 419 Bearwood Road, Smethwick, West Midlands. B66 4DF F.A.O. Mr. G.R. Ritchie Lot 6 147 Tiled House Lane, Pensnett. DY5 4LL This freehold traditional style semi-detached property offers attractive and well modernised centrally heated and double glazed accommodation to include three bedrooms, occasional fourth bedroom/loft conversion, hall, lounge, excellent conservatory/dining room, fitted kitchen, gardens and off-street parking for at least two cars. ENERGY RATING : D ACCOMMODATION Wide Canopy Porch Hall The property stands back from the roadside behind a lawned foregarden with brick boundary walling, paved footpath approach and adjoining parking area for two cars which is stone pebbled and approached via a double gateway entrance. It comprises briefly: With PVC Front Door having coloured leaded light insert and opening to: With ceramic tiled floor, heating radiator, decorative cornicing and smoke alarm. Under stairs storage cupboard/cloaks with shelving, fitted coat hooks and laminated flooring. A two flight Staircase leads from the Hall to the First Floor Landing, naturally lit from PVC double glazed windows and off which are Three Bedrooms: Bedroom 1 (front) 15’0” maximum x 8’0”. Having heating radiator, double glazed window and: En-Suite Fully Tiled Shower With detachable showerhead, glass shelf and extractor fan. Bedroom 2 (rear) 11’6” x 8’8” maximum. Having double glazed window with roller blind, heating radiator, three spot halogen ceiling light fitting and smoke alarm. Bedroom 3 (front) 8’0” x 8’3”. Having double glazed window and heating radiator. An additional Staircase leads from the First Floor Landing to: Loft Conversion/ Occasional Bedroom 4 14’3” x 9’5”. Having laminated flooring, heating radiator, double glazed roof light, smoke alarm and wall mirror. Built in storage cupboards. Additional eaves storage space. Ground Floor Well Proportioned Lounge Superb Conservatory & Dining Room 11’4” maximum x 22’4” into double glazed front bay window with vertical blinds and heating radiator. Traditional moulded fireplace with marble effect hearth and insert, wooden fender and fitted electric fire with ornamental coals. Additional heating radiator, display shelving, feature plaster archway with capitols, part laminated and part boarded floor. Built in storage cabinet with opaque glazed doors. Small pane doors at rear opening to: 18’8” x 11’6”. Having pitched roof, double glazed windows to three sided and double PVC Exit Doors to Garden. 147 Tiled House Lane … Kitchen Fully Tiled Bathroom 9’0” x 7’10”. Having stainless steel circular bowl sink with adjoining single drainer, mixer, work surface surround and adjacent additional marble effect work surface with two single base cupboards and single drawer unit under. Integrated Baumatic four burner electric hob with oven beneath and stainless steel extractor fan over. One double and two single high level matching wall cupboards. Ceramic tiled wall relief, boarded floor, part obscure glazed PVC Exit Door to Garden with adjoining double glazed window having roller blind. Fitted gas fired central heating boiler. With white suite comprising corner tub bath having mixer, shower attachment and seat, shower screen, vanity hand basin with cupboards and shelving under, low level W.C. Ceramic tiled floor, pine panelled ceiling with recessed ceiling lights and extractor fan. Fitted corner cupboard, toilet roll holder, soap dish, cup holder, towel ring and rack style heating radiator/towel rail. Outside Side entrance with gate. Brick paved utility area with cold water tap and security light. Easily maintained rear garden being part stone pebbled and having raised timber decked patio and timber fence boundaries. GENERAL We understand the property is Freehold, all mains services are available and the local authority is Wolverhampton City Council, although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Quality Solicitors Talbots, 30 Church Street, Kidderminster. DY10 2AX Lot 7 95 Weoley Park Road, Selly Oak. B29 6QZ Located in this sought after residential neighbourhood close to the main Bristol Road this spacious three bedroomed semi-detached residence incorporating bathroom, hall, two living rooms, kitchen, gardens and integral garage, but being in need of full renovation. ENERGY RATING : F ACCOMMODATION The property stands well back from the roadside behind grass reservations, being approached via a service road giving access to a private front garden with driveway approach. It comprise briefly: A Staircase leads to the First Floor Landing being naturally lit from double glazed front window, having heating radiator and off which are Three Bedrooms: Bedroom 1 (front) 14’0” x 11’1”. Having heating radiator, double glazed window and tiled fireplace. Bedroom 2 (rear) 12’7” x 11’1”. Having heating radiator and double glazed window. Bedroom 3 (front) 10’2” x 8’0”. Having heating radiator and double glazed walk-out door to Balcony. Bathroom 6’10” x 8’4”. Having heating radiator and double glazed window. Walk-in storage cupboard off incorporating Airing Cupboard. NO FITTINGS. Separate W.C. Having low level suite and double glazed window. Ground Floor Fully Enclosed Double Glazed Front Entrance With glazed inner door opening to: Hall Having heating radiator and Staircase off. Approached from the Hall are the following: Lounge 11’1” x 14’0”. Having heating radiator and double glazed window. Solid fuel domestic heater in tiled fireplace surround. Corniced ceiling and centre rose. Rear Living Room 11’2” x 12’6”. Having wall mounted gas fire and double glazed window. Kitchen 12’0” x 8’0”. Having double glazed window, heating radiator and part double glazed PVC Exit Door to Garden. Pantry off with fitted shelving and separate walk-in storage cupboard with shelving. NO FITTINGS. 95 Weoley Park Road … Outside Built in store. Mature gardens with a wealth of established shrubs and evergreens but being in need of cultivation. Integral Single Garage GENERAL We understand that the property is Under Leasehold having a term of approximately 15 years unexpired and subject to an annual ground rent which we understand to be £9.00. We are advised that formal notice under the Leasehold Reform Act has been served on the Freeholders and, if accepted as being valid, the benefit of this notice would be conveyed to the purchaser upon completion. All mains services are available and the local authority is Birmingham City Council, although applicants should satisfy themselves in this connection. VIEWING VENDORS SOLICITORS By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. Glover Priest, 817 Hagley Road West, Quinton, West Midlands. B32 1AD Lot 8 59 Parkes Street, Smethwick. B67 6BA Occupying a corner location with frontages to Parkes Street and Edward Road in Smethwick, comprising a freehold two bedroomed end terraced centrally heated and double glazed residence with refitted bathroom, two living rooms and kitchen, having the benefit of FIVE RECENTLY ERECTED GARAGES, and being ideal for investment purposes or private occupation. ENERGY RATING : D ACCOMMODATION Original Arched Porch The property stands back from the roadside behind a small foregarden laid mainly to blue bricks and having stone block front boundary wall and footpath approach. It comprises briefly: With PVC Front Door opening to: Front Living Room 12’2” x 15’0” into double glazed bay window. Fitted ornamental fireplace, corniced ceiling and heating radiator. Inner Hall With Staircase off (described below) and providing through access to: Rear Sitting Room 11’4” x 12’3”. Having reconstituted stone fireplace extending at low height to form TV stand. Heating radiator, corniced ceiling, double glazed window and under stairs storage cupboard. Kitchen 13’6” x 6’7”. Having single drainer stainless steel sink with mixer set in work surface surround with triple base cupboard beneath and plumbing for automatic washing machine. Additional base cupboard and drawer unit and two high level double wall cupboards. Double glazed window and part double glazed PVC Exit Door to Garden. Heating radiator and wall mounted gas fired central heating boiler. A Staircase leads from the Inner Hall to the First Floor Landing having heating radiator and where traditional style panelled doors give access to the following, Two Double Bedrooms: Bedroom 1 (front) 12’3” x 11’6”. Having heating radiator and two double glazed windows. Bedroom 2 (middle) 11’4” x 9’3”. Having heating radiator and double glazed window. Built in storage cupboard with hanging rail. Refitted Bathroom 13’6” x 6’7”. Having part tiled walls and white suite comprising panelled bath with mixer and shower attachment, shower curtain, pedestal hand basin and low level W.C. Double glazed windows to both side and rear elevations. Heating radiator. 59 Parkes Street … Outside Enclosed rear yard. FIVE CONCRETE SECTIONAL SINGLE GARAGES each having pebble dash exterior walls and up-and-over doors. GENERAL We understand the property is Freehold, all mains services are available and the local authority is Sandwell M.B.C., although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Hall Reynolds, 18 High Street, Bidford-on-Avon, Alcester. B50 4BU F.A.O. Mr. R.J. Gregory Lot 9 60 Hydes Road, Wednesbury. WS10 0DF Occupying a pleasant corner location in this established neighbourhood within easy reach of both Wednesbury and West Bromwich town centres, offering gas centrally heated and double glazed accommodation to include three bedrooms, spacious wellappointed bathroom, porch, hall, fully tiled cloaks/WC, intercommunicating lounge and separate dining room, kitchen, conservatory, side garage and established gardens with ample space for extensions, but being in need of some general upgrading. ENERGY RATING : E ACCOMMODATION The property stands back from the roadside behind a wide frontage having brick front boundary wall with ornamental wrought iron double gateway entrance opening to an established front garden with lawns, paved approach driveway and profusely stocked flower beds and border. It comprises briefly: Canopy Porch With: Enclosed Porch Entrance Hall Having part coloured leaded light inner door with matching transoms and side panels, opening to: With original minton tiled floor and: Under Stairs Fully Tiled Cloaks/WC Having low level suite, hand basin, air extractor fan, ceramic tiled floor and burglar alarm control panel. A Staircase with panelled balustrade leads off to the First Floor Landing having natural lighting from double glazed side window with roller blind, ceiling rose, and giving access to the following: Bedroom 1 (front) 11’0” x 14’10” into leaded light double glazed bay window. Heating radiator, bed light switch and corniced ceiling. Two built in double wardrobes and storage cupboards. Bedroom 2 (rear) 11’0” x 13’1”. Having heating radiator, double glazed window and corniced ceiling. Bedroom 3 (front) 8’6” x 7’0”. Having leaded light double glazed window and heating radiator. Fully Tiled Bathroom 9’4” x 7’0”. Having panelled bath with grab rail, side taps and mixer, plus overhead shower and glass shower screen, vanity hand basin with cupboards beneath and low level W.C. Heating radiator, double glazed window with roller blind, heated towel rail, wall mirror with striplight/shaver point over and Airing Cupboard with lagged hot water cylinder. Electric wall fire. Ground Floor Inter-Communicating Lounge & Separate Dining Room Comprising: 60 Hydes Road … Front Lounge 11’0” x 14’3” into leaded light bay window. Period style electric fire with log effect set in ornamental fireplace surround with raised hearth and overmantel. Arched recess with four tiered glass display shelving. Centre rose, corniced ceiling and heating radiator. Small pane double doors opening to: Dining Room 11’0” x 13’6”. Leaded finish gas fire with brass trim and ornamental coals set in traditional fireplace surround with marble insert, raised hearth and overmantel. Heating radiator, corniced ceiling and centre rose. Double glazed french doors opening to Garden. Kitchen 9’4” x 7’8”. Having one-and-a-half bowl stainless single drainer stainless steel sink with mixer in work surface surround with base cupboard beneath. Further base cupboard and drawer units to two walls, plus four glazed high level display cabinets. Tiled wall relief, quarry tiled floor, double glazed side window with roller blind, fluorescent strip light and additional high level cupboard. Double glazed Exit Door to: Having double glazed window and heating radiator. Conservatory 9’3” x 6’8”. Of PVC and double glazed construction, incorporating roller blinds and Exit Door to Garden. Internal access to: Brick Built On Side Garage With double glazed side window and double glazed front windows incorporating entrance door. The garage is currently used as a Utility Room. Outside Garden to the rear with Brick Built Boiler House housing central heating unit. Extensive garden to the side incorporating greenhouse and providing ample space for further extensions to the main building. GENERAL We understand the property is Freehold, all mains services are available and the local authority is Wolverhampton City Council, although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Baches, Lombard House, Cronehills Linkway, West Bromwich, West Midlands. B70 7PL F.A.O. Mrs. J.S. Styler Lot 10 275 Portland Road, Edgbaston. B17 8LU Occupying an exceptionally convenient location in an established residential neighbourhood just of City Road in Edgbaston offering PVC double glazed accommodation to include three bedrooms, bathroom, hall, lounge, dining room, kitchen, downstairs cloakroom and gardens to front and rear, being in need of cosmetic improvement. ENERGY RATING : F ACCOMMODATION The property stands back from the roadside behind a mainly lawned foregarden with brick boundary wall and footpath approach. It comprises briefly: Canopy Porch PVC double glazed Front Door opening to Hallway. A Staircase leads from the Hallway to the First Floor Landing, being naturally lit by PVC double glazed side window, having hatch access to Loft and Storage Cupboard off with slatted shelving. Approached from the Landing are the following: Bedroom 1 (front) 12’2” x 13’0”. Having two PVC double glazed windows. Bedroom 2 (rear) 12’4” x 9’9”. Having two PVC double glazed windows. Bedroom 3 (front) 8’0” x 8’0” maximum. Having PVC double glazed window and built in wardrobe. Fully Tiled Bathroom Having coloured suite comprising panelled bath with grab rails and incorporating electric shower unit, pedestal hand basin and low level W.C. Obscure PVC double glazed window. Ground Floor Lounge/Dining Room Comprising: Lounge Area 14’1” x 11’4”. Having two PVC double glazed windows, telephone point and gas fire in traditional surround. Dining Area 8’3” x 7’6”. PVC double glazed window overlooking Garden. Kitchen 13’3” x 8’7”. Having single drainer stainless steel sink unit with base cupboards beneath. Two further base cupboards and three single high level wall cupboards having end display shelving. Natural wood work surfaces set in tiled surround and integrated Indesit four burner gas hob with extractor hood over and integrated Indesit oven. Two storage cupboards, vinyl flooring and PVC double glazed window overlooking Garden. Wall mounted gas fire on raised hearth. Part panelled door leads to Lobby and: Cloakroom Having low level W.C. Additional storage cupboard. PVC double glazed panelled door leading to front of the property, and additional panelled door to rear garden. 275 Portland Road … Outside Paved patio area. Substantial garden being mainly to lawn with flowers, shrubs, greenhouse, apple tree and timber fence boundaries. GENERAL We understand the property is Freehold, all mains services are available and the local authority is Birmingham City Council, although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Rollits, Wilberforce Court, High Street, Hull. HU1 1YJ Lot 11 5 Belmont Road, Bearwood. B66 4EL A traditional freehold terraced villa offering mostly double glazed and centrally heated accommodation to include two double bedrooms, refitted and spacious shower room, hall, inter-communicating lounge/dining room, kitchen and established gardens, but being in need of general upgrading. ENERGY RATING : E ACCOMODATION Arched Recessed Porch The property stands back from the roadside behind a brick front boundary wall having paved foregarden with footpath approach. It comprises briefly: With quarry tiled floor. Hardwood panelled Front Door opening to Hall which leads to: Inter-Communicating Lounge/ Dining Room Measuring 24’9” overall into double glazed bay window with archway and vertical blinds x 13’2” (narrowing to 10’0” in Dining Room). Having glazed inter-communicating doors and comprising individually: Dining Room With electric fire in ormantel fireplace surround, corniced ceiling and heating radiator. Lounge Fitted gas fire in traditional fireplace surround with decals and fluted side pillars. Part glazed French doors opening to Garden, corniced ceiling and heating radiator. Rear Hall With coat hooks. Sunken Pantry having shelving. providing through access to: Kitchen 10’5” x 7’6”. Having single drainer stainless steel sink unit with adjoining worktop, double base cupboard and drawer unit and adjacent tall storage cupboards housing Belling electric oven. Tiled wall relief, double glazed side window, heating radiator and wall mounted Main gas fired central heating boiler. Exit Door to Garden. Staircase off (described below) and A two flight Staircase, naturally lit at Half Landing from an original sliding sash window, provides access to First Floor Landing having heating radiator and off which are Two Double Bedrooms: Bedroom 1 (front) 15’3” x 11’5”. Fitted gas fire in original fireplace surround with tiled hearth. Double glazed window with vertical blinds and built in storage cupboards to full height. Bedroom 2 (rear) 11’4” x 11’1”. Having double glazed window, two built in storage cupboards and bed light switch. 5 Belmont Road … Refitted Shower Room 10’3” x 7’5”. Having oversize shower unit with glazed sliding door, temperature control, grab rails, seat and detachable shower head, pedestal hand basin with mirrored splashback over and low level W.C. Double glazed window and heating radiator. Outside Covered party side entrance. Paved yard with stone pebbled border, cold water tap, outside light and giving access to brick built store, WC and lean-to shed. Well stocked laid out garden to the rear, part paved and part stone pebbled and having a variety of established shrubs, evergreens and flowers, plus aluminium framed greenhouse, garden store and enclosed with timber boundary fencing. GENERAL We understand the property is Freehold, all mains services are available and the local authority is Sandwell M.B.C., although applicants should satisfy themselves in this connection. VIEWING By appointment with the Auctioneers, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood. Tel: 0121 420 4646. VENDORS SOLICITORS Nicholls Brimble, 409 Bearwood Road, Smethwick, West Midlands. B66 4DJ F.A.O. Mr. P. Davies General Conditions of Sale The general conditions (including any extra general conditions) apply to the contract except to the extent that they are varied by the special conditions or by an addendum. 1. The Lot 1.1 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. 1.2 The lot is sold subject to any tenancies disclosed by the special conditions, but otherwise with vacant possession on completion. 1.3 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. 1.4 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 then, and (i) anything the seller does not and could not reasonably know about 1.5 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 1.6 The seller must notify the buyer of any notices, orders, demands, proposals and requirements of any competent authority of which it learns after the contract date but the buyer must comply with them and keep the seller indemnified 1.7 The lot does not include any tenant’s or trade fixtures or fittings 1.8 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 1.9 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 1.10The 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 2. Deposit 2.1 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) 2.2 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 2.3 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 2.4 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 2.5 Interest earned on the deposit belongs to the seller unless the sale conditions provide otherwise 3. Between Contract And Completion 3.1 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 3.2 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 3.3 Section 47 of the Law of Property Act 1925 does not apply 3.4 Unless the buyer is already lawfully in occupation of the lot the buyer has no right to enter into occupation prior to completion 4. Title And Identity 4.1 Unless condition 4.2 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 4.2 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 plan and, where noted on the register, of all documents subject to which the lot is being sold (c) if the lot is not registered land the seller is to give to the buyer within five business days an abstract or epitome of title starting from the root of title mentioned in the special conditions (or, if none is mentioned, a good root of title more than fifteen years old) and must produce to the buyer the original or an examined copy of every relevant document (d) If the 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 4.3 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 4.4 The transfer is to have effect as if expressly subject to all matters subject to which the lot is sold under the contract 4.5 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 4.6 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 5. Transfer 5.1 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 5.2 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 5.2 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 5.3 The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one transfer 6. Completion 6.1 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 09.30 and 17.00 6.2 The amount payable on completion is the balance of the price adjusted to take account of apportionments plus (if applicable) VAT and interest 6.3 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 6.4 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 6.5 If completion takes place after 14.00 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 6.6 Where applicable the contract remains in force following completion 7. Notice To Complete 7.1 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 7.2 The person giving the notice must be ready to complete 7.3 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 7.4 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 8. 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 7.3 9. Landlord’s Licence 9.1 Where the lot is or includes leasehold land and licence to assign is required this condition 9 applies 9.2 The contract is conditional on that licence being obtained, by way of formal licence if that is what the landlord lawfully requires 9.3 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 9.4 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 9.5 the buyer must: (a) promptly provide references and other relevant information, and (b) comply with the landlord’s lawful requirements 9.6 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 9) 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 9 10. Interest And Apportionments 10.1If 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 10.2Subject to condition 11 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 10.3Income 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 10.4Apportionments 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 11. Arrears Part 1 Current Rent 11.1“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 11.2If 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 11.3 Parts 2 and 3 of this condition 11 do not apply to arrears of current rent Part 2 Buyer To Pay For Arrears 11.4Part 2 of this condition 11 applies where the special conditions give details of arrears 11.5The 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 11.6If 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 11.7Part 3 of this condition 11 applies where the special conditions: (a) so state, or (b) give no details of any arrears 11.8While 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 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 11 11.9Where 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 12. Management 12.1This condition 12 applies where the lot is sold subject to tenancies 12.2The seller is to manage the lot in accordance with its standard management policies pending completion 12.3The seller must consult the buyer on all management issues that would affect the buyer after completion (such as, but not limited to, a 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 13. Rent Deposits 13.1This condition 13 applies where the seller is holding or otherwise entitled to money by way of rent deposit in respect of a tenancy. In this condition 13 “rent deposit deed” means the deed or other document under which the rent deposit is held 13.2If 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 13.3Otherwise 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 14. VAT 14.1Where 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 14.2Where 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 15. Transfer As A Going Concern 15.1Where 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 15 applies 15.2The 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 15.3The 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 15.4The 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 14.l1 applies at completion 15.5The 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 15.6If, 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 15, the buyer must pay and indemnify the seller against all costs, interest, penalties or surcharges that the seller incurs as a result 16. Capital Allowances 16.1This condition 16 applies where the special conditions state that there are capital allowances available in respect of the lot 16.2The 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 16.3The value to be attributed to those items on which capital allowances may be claimed is set out in the special conditions 16.4The 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 16, 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 17. Maintenance Agreements 17.1The 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 17.2The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the actual completion date 18. Landlord And Tenant Act 1987 18.1This condition 18 applies where the sale is a relevant disposal for the purposes of part 1 of the Landlord and Tenant Act 1987 19. Sale By Practitioner 19.1This condition 19 applies where the sale is by a practitioner either as seller or as agent of the seller 19.2The practitioner has been duly appointed and is empowered to sell the lot 19.3Neither 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 19.4The 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 19.5Where 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 19.6The buyer understand this condition 19 and agrees that it is fair in the circumstances of a sale by a practitioner 20. TUPE 20.1If the special conditions state “there are no employees to which TUPE applies” this is a warranty by the seller to this effect 20.2If 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 21. Environmental 21.1This condition 21 only applies where the special conditions so provide 21.2The 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 21.3The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental condition of the lot 22. Service Charge 22.1This condition 22 applies where the lot is sold subject to tenancies that include service charge provisions 22.2No apportionment is to be made at completion in respect of service charges 22.3Within 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 22.4In 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 11 (arrears) applies 22.5In 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 22.6If 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 23. Rent Reviews 23.1This condition 23 applies where the lot is sold subject to a tenancy under which a rent review due on or before the actual completion date has not been agreed or determined 23.2The 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 23.3Following 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 23.4The 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 23.5The 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 23.6When the rent review has been agreed or determined the buyer must account to the seller for any increased rent and interest recovered from the tenant that relates to the seller’s period of ownership within five business days of receipt of cleared funds 23.7If 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 23.8The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings 24. Tenancy Renewals 24.1This condition 24 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 24.2Where 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 24.3If 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 24.4Following 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 24.5The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any proceedings relating to this 25. Warranties 25.1Available warranties are listed in the special conditions 25.2Where 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 25.3If 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 26. 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 27. Registration At The Land Registry 27.1This condition 27 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 lost 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 27.2This condition 27.2 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 28. Notices And Other Communications 28.1All communications, including notices, must be in writing. Communication to or by the seller or the buyer may be given to or by their conveyancers 28.2A communication may be relied on if: (a) delivered by hand, and (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 28.3A communication is to be treated as received: (a) when delivered, if delivered by hand, and (b) when personally acknowledged, if made electronically, but if delivered or made after 17.00 hours on a business day a communication is to be treated as received on the next business day 28.4A 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 29. 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 We acknowledge that these General Conditions have been reproduced with the consent of the RICS and we confirm that we have used the Common Auction Conditions (3rd Edition). Derek Spires Estate Agents 602 Bearwood Road, Bearwood. B66 4BN Tel: 0121 420 4646 Auctioneer’s Pre-Sale Announcement 1. All Lots will be offered in accordance with the Order of Sale in the catalogue. Lots will be sold on the basis of the Common Auction Conditions and the Special Conditions of Sale. 2. An Addendum to Particulars of Sale and Conditions of Sale (if applicable) will be distributed on the day of the Auction. This is an important document providing details of all corrections to the catalogue and in some cases the Conditions of Sale. Prospective Buyers are deemed to have read the Addendum whether they have actively done so or not. 3. Where possible Special Conditions of Sale, which are specific to individual Lots, and Title Documentation have been available for inspection prior to the Auction. Any Special Conditions will be attached to the Memorandum of Sale. 4. During the Auction, the Auctioneer will not deal with any questions. We are selling on the basis that prospective buyers have made all their inspections, surveys and legal enquiries. This is particularly important in respect of Lots which we have not inspected, or if we have not had sight of any tenancy agreements. Prospective buyers must have read the Notices within the catalogue and Common Auction Conditions and fully understand their contents. 5. Should you have any questions in relation to any of the Lots please ask a representative who will attempt to answer your question. 6. The Anticipated Price Ranges indicated within the catalogue are approximate only and should not be interpreted as an asking price, reserve price or value. Each Anticipated Price Range is subject to contract. 7. Once the Auction commences please bid clearly and without delay. Please remember, it is your responsibility to attract the Auctioneer’s attention. 8. The successful bidder, at the fall of the hammer, will enter into a legally binding contract and will be asked by an Auctioneer’s representative to attend the Auction contract table. 9. At the Auction table you will be asked for your name, address, details of your solicitor and a form of identification. You will then be asked to provide a deposit for 10% of the purchase price subject to a minimum of £3,000.00 whichever is the greater. 10. All purchasers whether buying prior, during or post-auction are required to pay an administration fee of £300.00 plus VAT per lot. This fee is to be added to the deposit irrespective of what costs may be included in the contract or Special Conditions. 11. Cheques are only accepted on the basis that there are adequate funds in the account upon which the cheque is drawn. Our clients reserve the right to take any action they feel appropriate against a buyer whose cheque is not honoured on first presentation. 12. All cheques should be made payable to Derek Spires Estate Agents or the retained solicitor for an individual lot. 13. As soon as the Auctioneer’s gavel falls on a bid the successful bidder is under a binding contract to purchase and the purchaser is immediately at risk in relation to the property and should therefore have confirmed bank or building society finance arranged (if required). It should also be noted that the purchaser will be responsible for the insurance of the property he has bought and will be deemed to have made prior arrangements for the insurance cover as required. 14. Completion of the sale and payment of the balance of the purchase money is due 28 days after the Auction unless the conditions of sale state otherwise. 15. The Auctioneer will not describe each Lot in detail, he will simply state the address, Lot number and a very brief description. 16. All lots offered for sale are offered subject to a Reserve Price. Any exceptions to this will be announced on the day of the Auction. 17. Keys will not be released until completion of the sale. If access if required it may be arranged through our office with the permission of the vendor. Derek Spires Estate Agents 602 Bearwood Road, Bearwood. B66 4BN Tel: 0121 420 4646 Non-Attending Bid or Telephone Bid AUTHORISATION FOR BIDDING BY PROXY OR TELEPHONE Name _____________________________________________________________ Name of Company (if applicable)________________________________________ Of (address) ________________________________________________________ __________________________________________________________________ ________________________________________ Postcode __________________ Tel: ___________________________ Mobile: _____________________________ Hereby authorise Derek Spires Estate Agents to bid on my behalf by proxy / telephone (delete as applicable) bid for the property detailed below. I confirm that I have read and understood the General Conditions of Sale and signed the Conditions of Bidding by proxy or telephone set out overleaf. PROPERTY AND BID DETAILS Lot No.: __________________ Address: _______________________________ ___________________________________________________________________ My maximum bid (proxy bids only) will be £ ________________________________ (amount in words) ____________________________________________________ DEPOSIT (tick as applicable) I attach a cheque for 10% of my proxy bid or £3,000, whichever is greater, plus £360.00 (£300.00 plus VAT administration charge) OR I attach a blank cheque to be completed by the Auctioneer if my bid is successful, within which he will include £360.00 (£300.00 plus VAT administration charge) My cheque of £ _____________________________________ is made payable to “Derek Spires Estate Agents” My solicitors are: _____________________________________________________ Of (address) _________________________________________________________ ________________________________________ Postcode ___________________ Tel: _______________________ Person Acting: ____________________________ Signed _____________________________ Date ___________________________ PLEASE MARK THE ENVELOPE EITHER PROXY OR TELEPHONE BID TERMS AND CONDITIONS FOR TELEPHONE BIDS AND BIDDING BY LETTER Anyone not able to attend the auction and wish to make a bid for any property, do so on the following terms and conditions. 1. The bidder must complete a separate authority form for each Lot involved, and provide a banker’s draft, solicitor’s clients account cheque or personal cheque for 10% of the maximum amount of the bid for each Lot. Please note the minimum deposit for any bid is £3,000 PER LOT. We will require proof of identity in the form of a driving licence or passport and a utility bill. 2. The form must be sent to, or delivered to: Written & Telephone Bids, Derek Spires Estate Agents, 602 Bearwood Road, Bearwood, B66 4BW, to arrive before 6.00pm two working days prior to the start of the auction. It is the bidders responsibility to check that the form is received by Derek Spires Estate Agents and this can be done by telephone the office on 0121 420 4646. 3. In the case of a telephone bid the prospective purchaser should provide a blank cheque which the Auctioneer will complete on behalf of the prospective purchaser is the prospective purchaser is successful in purchasing the relevant property for 10% of the purchase price, plus the administration charge, or in accordance with the General or Special Conditions of Sale relating to the lot. 4. The bidder shall be deemed to have read the “Important Notice to be read by all bidders”; the particulars of the relevant Lot in the catalogue the general and special conditions of sale. The bidder shall be deemed to have taken all necessary professional and legal advice and to have made enquiries and have knowledge of any announcements to be made from the rostrum of any amendments relating to the relevant Lot. Announcements can and should be checked by bidders on the day before the auction. However, the Auctioneers will advise the bidders of any announcements as soon as possible prior to the Auction. 5. In the case of a written bid, Derek Spires Estate Agents staff will compete in the bidding up to the maximum of the authorisation. If no maximum is inserted Derek Spires Estate Agents reserve the right not to bid. 6. Derek Spires Estate Agents reserve the right not to bid on behalf of the written bidders, in the event of any error, doubt, omission, uncertainty as to the bid, or for any reason whatsoever and give no warranty, or guarantee, that a bid would be made on behalf of the bidder and accept no liability. 7. In the event that the written or telephone bid is successful, the Auctioneer will sign the Memorandum of the Contract on behalf of the bidder (a Contract would have been formed on the fall of the hammer). 8. In the event of a Contract, the deposit monies will be applied so far as necessary to meet the requirement for a 10% deposit (minimum £3,000) and the balance of the deposit (if any) will be held by the vendor’s solicitor pending completion. An administration charge of £360.00 (£300.00 plus VAT) should be added to the deposit cheque or a separate cheque should be made payable to “Derek Spires Estate Agents”. 9. In the event that the bidder is unsuccessful in gaining the Contract, the deposit monies shall be returned to the bidder promptly. 10. The Auctioneer will make no charge to a prospective purchaser for this service and will accept no liability whatsoever for any bid not being made on behalf of the prospective purchaser whether through lack of clarity of instructions or for any other reason whatsoever. Prospective telephone purchasers will not hold Derek Spires Estate Agents liable for any loss or claims relating to the telephone bidding system. The prospective telephone purchasers will not hold Derek Spires Estate Agents liable for any loss or claims relating to the telephone bidding system. The prospective purchaser will be advised if the relevant lot has been successfully purchased on his behalf as soon as possible after the auction. Where the lot has not been purchased the prospective purchaser will be notified by post and the deposit returned as soon as reasonably possible. 11. Once delivered to the Auctioneers, the authority to bid is binding on the bidder on the day on which the particular Lot is auctioned. This is to allow for the possibility of a vendor agreeing to sell post-auction where the bidding has not reached the reserve. 12. The authority can only be withdrawn by notification in writing delivered to Derek Spires Estate Agents at their office two hours before the start of the auction on the day the relevant Lot is scheduled to be auctioned, or by delivery into the hands of the Auctioneer in the auction room half-an-hour before the start of that day’s auction. It is the bidders responsibility to obtain a receipt on a copy of the withdrawal notification signed by the Auctioneer and without such a receipt the authority stands, any successful Contract is binding on the bidder. 13. If the bidder, or agent, actually bids at the auction without having previously withdrawn the authority, the Auctioneer is at liberty to accept such bid in addition to any bid from Derek Spires Estate Agents staff as empowered under the written authority. Derek Spires Estate Agents will have no liability whatsoever if the price achieved is the result only of this competition in bidding without intervention from other bidders. 14. Prospective purchasers are advised in respect of telephone bids should they become disconnected during bidding or are unobtainable, Derek Spires Estate Agents will not be held responsible or liable for any loss suffered in respect thereof. I hereby confirm that I have read and understood the above Terms and Conditions to bid by letter. Signed ____________________________________________ Date _______________________________ Please sign this page and ensure the form overleaf is completed