AUCTION - Barnett Ross
AUCTION - Barnett Ross
AUCTION - Barnett Ross
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<strong>AUCTION</strong><br />
MONDAY 19TH OCTOBER 2009<br />
At The<br />
Radisson SAS Portman Hotel<br />
22 Portman Square<br />
London W1H 7BG<br />
Commencing at<br />
12.00 p.m.<br />
Light refreshments served at 11.30 a.m.<br />
Auctioneers<br />
J. <strong>Barnett</strong> FRICS<br />
J. L. G. <strong>Ross</strong> MRICS Tel: 020 8492 9449 Fax: 020 8492 7373
Notice to all Bidders<br />
1. Please note the General Conditions of Sale which are included with this catalogue and the Special<br />
Conditions of Sale which are available on request. An Addendum will be made available on the Auction<br />
Day and the bidder should check whether the lot which he/she is interested in bidding for is included.<br />
2. Prospective purchasers are assumed to have inspected the properties in which they are interested and<br />
to have made all usual pre-contract searches and enquiries.<br />
3. The successful Bidder is Bound under Contract as soon as the Auctioneer’s gavel falls on his/her<br />
final bid. Immediately thereafter the successful Bidder will be handed a Form to fill out supplying details<br />
of his/her name and address together with (if different) the name and address of the purchaser and<br />
those of his/her solicitors. He/she should also supply a cheque for the deposit, which we will hold at<br />
our office. The bidder will be given our bank account details and must arrange to transfer the<br />
deposit monies to our client bank account the following day by way of a ‘same day CHAPS<br />
payment.’ Once these funds are received we will return the bidder’s cheque by post.<br />
4. The information from the Form will be used to complete a memorandum of contract similar to the one<br />
at the back of this catalogue which the purchaser must sign and hand to the Auctioneer’s staff prior to<br />
leaving the room.<br />
5. If the Purchaser’s memorandum of contract is not signed, the Auctioneer, or any person authorised by<br />
them, will sign the memorandum of contract on behalf of the Bidder/Purchaser.<br />
6. The Auctioneers endeavour to have copies of title documents, leases, licences etc. and a local search<br />
available for inspection at their offices and in the auction room. It is recommended that anyone wishing<br />
to inspect such documents should telephone first to ensure that the required documents are available.<br />
7. If any Bidders are intending to come to the Auction for a specific lot they are advised to check<br />
with the Auctioneers on the morning of the sale to ensure that the particular lot will be offered<br />
at the Auction. The Auctioneers will endeavour to avoid last-minute sales but on rare occasions<br />
the situation may be out of their control.<br />
8. Some plans or extracts from plans in this catalogue are based upon the Ordnance Survey Map with the<br />
sanction of the Controller of H.M. Stationery Office Crown Copyright reserved.<br />
9. Where guide prices are printed they are not intended to be an indication of the reserve price. They are<br />
simply intended to be the Auctioneer’s opinion at the time of printing the catalogue of the approximate<br />
range of the likely sale price. However, auction prices are impossible to predict accurately and the<br />
eventual price will in some cases be higher or lower than the guide indicated.<br />
10. If a Bidder cannot attend the Auction and wishes to make a telephone or proxy bid, then<br />
arrangements should be made on a form available from the Auctioneers prior to the sale.<br />
11. The purchaser is usually responsible for insurance on the property as and from exchange of contracts.<br />
We are usually aware of the existing cover and can often arrange cover immediately on the day at<br />
attractive rates.<br />
12. All bidders are required to read the Special Conditions of Sale and/or addendum which may refer to<br />
additional charges payable by purchasers.<br />
13. In respect of Lots 4, 5, 25, 51, 52, 53, 54 and 55 there is a disclosure under the Estate Agents Act 1979<br />
contained in the Special Conditions of Sale.<br />
14. The Buyer or Bidder will be liable to pay <strong>Barnett</strong> <strong>Ross</strong> Ltd a non-refundable Administration Fee of £250<br />
(including VAT) unless otherwise stated on the Particulars of Sale. This Fee will be payable on exchange<br />
of contracts.<br />
15. PROOF OF IDENTIFICATION – The purchaser and/or bidder is to provide original documentation to<br />
confirm proof of name and address. Please refer to Page 1 opposite for acceptable documentation.
Proof of Identity<br />
The purchaser and the bidder is to provide one original document from each<br />
column together with a copy for us to attach to the contract:<br />
Proof of name<br />
• Passport<br />
• Photocard Driver’s Licence<br />
Mailing List<br />
Proof of address<br />
• Driver’s Licence (with or without a photo)<br />
• A utility bill issued within the last three<br />
months (excluding mobile phone bill)<br />
If you are not already on our mailing list, then please send your details by fax,<br />
post or e-mail and you will be added to the list.<br />
Telephone Bidding 020 8492 9449<br />
If you wish to bid by telephone or instruct us to bid on your behalf, this can<br />
only be done by requesting a Telephone Bidding Form from us.<br />
This must be done in good time to return to us, with your deposit cheque,<br />
three days before the Auction.<br />
Contact any member of the Auction Team on 020 8492 9449 to request a form.<br />
Follow the Auction Live on the Internet<br />
Visit www.eigroup.co.uk and select ‘Online Auctions’.<br />
Choose ‘<strong>Barnett</strong> <strong>Ross</strong>’ and then ‘Viewing Gallery’. You will then see<br />
details of the lot being offered and can watch the bidding as it happens.<br />
It is not possible to bid from the screen.<br />
Auction Live Link 09067 591 404<br />
Dial this number to listen to the auctioneer as he is selling the Lots.<br />
You cannot bid on this service.<br />
(Calls are charged at 75p per minute at all times.)<br />
Auction Results FAX LINE 09067 591 147<br />
To receive the results after the auction dial the above number from<br />
the handset of a fax machine. If you do not have a handset, set the<br />
machine to “Poll Receive” mode. (Calls are charged at<br />
75p per minute at all times.) Service provided by<br />
The Essential Information Group 0870 112 3040<br />
<strong>Barnett</strong> <strong>Ross</strong> Web Site<br />
Should you wish to access details of past auctions, or obtain information about<br />
any of the services that we can offer, please visit our website at<br />
www.barnettross.co.uk<br />
1
ORDER OF SALE<br />
COMMENCING 12 p.m.<br />
LOT<br />
1 778 Green Lanes & 49 Queens Avenue Winchmore Hill London N21<br />
2 Belvedere Court, 225 Willesden Lane Willesden London NW2<br />
3 36 Tean Road, Cheadle Stoke-on-Trent Staffordshire<br />
4 130 Earls Court Road Kensington London W8<br />
5 30 Campden Hill Gardens Notting Hill London W8<br />
6 460 Becontree Avenue Dagenham Essex<br />
7 2b Colville Road, South Acton Trading Estate, Bollo Road Acton London W3<br />
8 600 Longbridge Road Dagenham Essex<br />
9 2a Blackstock Road Finsbury Park London N4<br />
10 113 Victoria Road Ruislip Manor Middlesex<br />
11 Garages at Whittington Court, Aylmer Road Hampstead<br />
Garden Suburb<br />
London N2<br />
12 Richmond House & 44/48 (even) Durham Road Stockton-on-Tees Cleveland<br />
13 873 Holderness Road Kingston-upon-Hull North Humberside<br />
15 The Harmony, 82 Railton Road Herne Hill London SE24<br />
16 47 Old Ford Road Bethnal Green London E2<br />
17 79 St John Street Clerkenwell London EC1<br />
18 Honda Plot, Silverlink Business Park, Middle Engine Lane Newcastle-upon-Tyne Tyne & Wear<br />
19 54/64 The Broadway, Joel Street Northwood Middlesex<br />
20 121 Southbroom Road Devizes Wiltshire<br />
21 Unit 1, 344 Streatham High Road Streatham London SW16<br />
22 Unit 2, 344 Streatham High Road Streatham London SW16<br />
23 Bridgemead Business Centre, Bridgemead Close, Westmead Swindon Wiltshire<br />
24 100 Greenwich South Street Greenwich London SE10<br />
25 1-12 Colston Court, West Street Carshalton Surrey<br />
26 116/118 Robson Street Liverpool Merseyside<br />
27 104 Queensway, Bletchley Milton Keynes Buckinghamshire<br />
28 118a Uxbridge Road Shepherd’s Bush London W12<br />
2
LOT<br />
29 180/182 Shields Road, Byker Newcastle-upon-Tyne Tyne & Wear<br />
30 57/63(odd) High Street & 20/24 (even) Queen Street Dawlish Devon<br />
31 Red Lion House, Magham Down Hailsham East Sussex<br />
32 32 Woodfield Street, Morriston Swansea West Glamorgan<br />
33 12 High East Street Dorchester Dorset<br />
34 40 Greenham Road Newbury Berkshire<br />
35 77 Putney High Street & 3 Token Yard Putney London SW15<br />
36 52 Victoria Road Shirebrook Derbyshire<br />
37 49/51 Front Street Stanley County Durham<br />
38 313 High Street Berkhamsted Hertfordshire<br />
39 329 North End Road Fulham London SW6<br />
40 16a Church Street Helmdon Northamptonshire<br />
41 4 & 6 High Street Merstham Surrey<br />
42 100 Bridge Street Worksop Nottinghamshire<br />
43 1 South Street Deal Kent<br />
44 18 Holbeach Mews Balham London SW12<br />
45 8 Pinchbeck Road Spalding Lincolnshire<br />
46 Car Park r/o White Lion P.H., Back Row Denbigh Clwyd<br />
47 Unit 7 Castle Walk, Lower Street Stansted Mountfitchet Essex<br />
48 4/4A Kingsway Parade, Huyton Liverpool Merseyside<br />
49 9 The Parade, Pavenhill, Purton Swindon Wiltshire<br />
50 88/90 Amwell Street London EC1<br />
51 175 Blythe Road West Kensington London W14<br />
52 15-18 St Michaels Rise, Okehampton Crescent Welling Kent<br />
53 Flats 21-24 Tivoli Gardens, Windmill Street Gravesend Kent<br />
54 Flats 13-16 Tivoli Gardens, Windmill Street Gravesend Kent<br />
55 Flats 1-9 Foxlands Court, 543-559 (odd), Rainham Road South Dagenham Essex<br />
3
Copy Legal Documentation<br />
If you wish to obtain legal documents in respect of any lot, order on-line at www.barnettross.co.uk alternatively complete the form<br />
below, or call 0113 256 8712. Copies of those documents which are available to us will be sent to you.<br />
All documents which are received by <strong>Barnett</strong> <strong>Ross</strong> from the Vendors’ Solicitors subsequent to your initial request will be dispatched at<br />
no extra charge. Prospective purchasers are advised to check whether any such outstanding documents have been received.<br />
Where available, a Document Pack for each lot can be inspected at the Auction Sale.<br />
For further legal enquiries, please contact the relevant Vendor’s Solicitor whose details are printed on each lot page.<br />
Please refer to the Notices to all Bidders, inside this catalogue, and also the General Conditions of Sale referred to at the end of the<br />
catalogue in relation to all legal matters.<br />
The Special Conditions of Sale, when available, can be obtained from our On-line Catalogue at www.barnettross.co.uk<br />
If you would like to order a legal pack please complete and return the following form to:<br />
Legal Department, The Ark Design & Print Ltd, Pudsey Business Park, 47 Kent Road, Leeds<br />
LS28 9BB or fax 0113 256 8724.<br />
All documents will be sent by email, if of an emailable size and if not by first class post,<br />
unless otherwise requested.<br />
■ Yes, please forward me a legal pack.<br />
Please indicate the format of how you wish to receive the legal pack.<br />
■ Emailed PDF (£20 plus VAT)<br />
■ PDF format supplied on disk (£20 plus VAT)<br />
■ Paper copy (£30 plus VAT)<br />
Please complete the form below using BLOCK CAPITALS.<br />
In respect of lot(s) ...................................................................................................................................................................................................................................................................................<br />
Please despatch to: Title (Mr, Mrs, Miss, Ms*) ......................................................................................................................................................................................................<br />
*Delete as appropriate<br />
Company ..........................................................................................................................................................................................................................................................................................................<br />
Address ..............................................................................................................................................................................................................................................................................................................<br />
..................................................................................................................................................................................... Post code ..................................................................................................................<br />
Telephone ...................................................................................................................................................... Email ..............................................................................................................................<br />
■ I enclose a cheque for £ ………………………… payable to The Ark Design & Print Ltd or<br />
■ Please debit £ ………………………… from my ■ Mastercard ■ Visa<br />
Card number<br />
Card security code<br />
The final 3 digit number on the back of your card, on the signature strip.<br />
Name as it appears on the card ........................................................................................... Signature ..................................................................................................................<br />
Expiry date ………………………… / …………………………<br />
Card address (if different from above) ...........................................................................................................................................................................................................................<br />
.......................................................................................................................................................................................................................................................................................................................................<br />
..................................................................................................................................................................................... Post code .................................................................................................................<br />
Telephone .......................................................................................................................................................................................................................................................................................................<br />
4
Are you in need of a<br />
Property Valuation?<br />
✼ Loans<br />
✼ Sales<br />
✼ Probate<br />
✼ Transfers<br />
✼ 1982 Capital Gains Tax<br />
✼ Accounting & More<br />
At <strong>Barnett</strong> <strong>Ross</strong> we have Auction Results dating back to the<br />
1960’s & are able to provide Property Valuation Reports for<br />
a number of different requirements.<br />
If you would like to discuss our Valuation services further then<br />
please contact John <strong>Barnett</strong> FRICS or Greg Corin BSc (Hons)<br />
on 020 8492 9449.
S E<br />
LAW LIMITED<br />
Sue Edwards - recognised by the Legal 500 and formerly<br />
of Eversheds - is now Director of her own legal practice,<br />
specialising in commercial and residential conveyancing.<br />
Any enquiries please call: 01606 872698<br />
or email info@selawlimited.com<br />
Sue Edwards - Director<br />
Carmen Dowd - Consultant<br />
Winnington Hall, Winnington, Northwich, Cheshire CW8 4DU - Tel: 01606 872698 - Fax: 01606 782509<br />
Regulated by the Solicitors Regulation Authority - Co Registration No: 06919549
S<br />
Whether you are a commercial developer, a house builder, a<br />
Property Matters<br />
private investor, a landlord or operating facilities such as care<br />
homes or pubs, property matters to you.<br />
Property matters to us too. Our team of property legal experts<br />
includes specialists in commercial and residential conveyancing,<br />
secured lending, landlord and tenant, enfranchisement - and all<br />
aspects of property litigation.<br />
Seddons - Lawyers who know just how much property matters.<br />
If you require any assistance, please contact: <br />
who will be pleased to help you. E-mail: andrewj@seddons.co.uk<br />
or telephone: 020 7725 8074.<br />
Andrew Jacobs<br />
Property<br />
Adam Miller<br />
Property<br />
Simon <strong>Ross</strong><br />
Property<br />
Leon Golstein<br />
Disputes<br />
resolution<br />
Seddons Solicitors<br />
5 Portman Square, London W1H 6NT<br />
020 7725 8000 www.seddons.co.uk<br />
Property. Disputes.<br />
People. Enterprise.<br />
8
You deserve the<br />
right finance for<br />
your property,<br />
right in every respect!<br />
Property under<br />
the hammer...<br />
Yes, there is<br />
finance available<br />
Benefit from our unrivalled experience - we have been arranging Business Finance for 40<br />
years. Benefit from our acknowledged success - we are market leaders. Benefit from our<br />
service level guarantee - we are dedicated to offering you effective results and a truly<br />
personal service. Whatever the market condition, you will benefit from our commitment to<br />
arranging the right finance for you and your busness - right in every respect.<br />
T: 020 7616 6620 E: london@asc.co.uk W: www.asc.co.uk
Need Immediate Cover?<br />
✼ Buildings insurance<br />
✼ Competitive Premiums<br />
✼ Household Name Insurer<br />
✼ Comprehensive Cover<br />
✼ Personal, Efficient Service<br />
Speak to us at the auction<br />
or call Jonathan <strong>Ross</strong><br />
On 020 8492 9449<br />
to discuss your requirements.<br />
10
LOT<br />
1<br />
778 Green Lanes<br />
& 49 Queens Avenue<br />
Winchmore Hill, London N21<br />
Reserve Below<br />
£300,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In this popular shopping centre which includes HSBC,<br />
William Hill and Oddbins and a variety of cafes and<br />
restaurants, just north of Palmers Green and under 1 ⁄4 mile<br />
of Winchmore Hill Mainline Station.<br />
VAT is NOT payable in respect of this Lot<br />
PROPERTY<br />
A terraced building comprising a Ground Floor Shop with<br />
separate rear access from Queens Avenue to a<br />
Self Contained Maisonette on first and second floors.<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor<br />
Shop<br />
Gross Frontage 18’<br />
Net Frontage 16’<br />
Shop Depth 18’6<br />
Built Depth 30’<br />
plus Rear Room<br />
WC<br />
O Ahmet & M Yaprak<br />
(Gents hairdresser)<br />
5 years from<br />
September 2009<br />
Maisonette 3 Rooms, Kitchen, Bathroom/WC 2 Individuals Regulated<br />
£14,000<br />
£5,980<br />
FRI<br />
Rent agreed on 17th June 2009<br />
TOTAL £19,980<br />
£19,980 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Black Graf LLP, 14/15 College Crescent, London NW3 5LL<br />
Tel: 020 7586 1141. Ref: D Aarons Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
11
Photograph taken April 2009<br />
LOT<br />
2<br />
Belvedere Court,<br />
225 Willesden Lane<br />
London NW2 5RL<br />
6 WEEK COMPLETION<br />
IN SAME FAMILY OWNERSHIP SINCE 1973<br />
Reserve Below<br />
£30,000<br />
SITUATION<br />
In this popular and well-sought after residential area<br />
handily placed for Willesden Green Underground Station<br />
(Jubilee Line) and Brondesbury Park Mainline Station and<br />
3 miles from Marble Arch.<br />
PROPERTY<br />
A prominent detached 6-storey block of<br />
18 Self-Contained Flats (12 x 3 Bed and 6 x 2 Bed)<br />
erected in the late 1960s on a rectangular site with front<br />
car parking area and vehicular access to 18 Garages at<br />
the rear.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
Note 1: The Freeholder has the right to insure and<br />
currently this is with Royal and Sun Alliance for a sum<br />
insured of £6,765,146 at a current premium of £9,724.50<br />
Note 2: According to the Freeholder’s solicitor, the<br />
roof is not demised to the lessees and sketch<br />
proposals have been drawn up to build thereon an<br />
additional 3 flats (2 x 1 bed & 1 x 2 bed), but no<br />
application has yet been submitted although initial<br />
enquiries have been submitted to the London Borough<br />
of Brent Planning Department (Tel: 020 8937 5210).<br />
Note 3: The Managing Agent’s fees are currently<br />
£3,780 pa plus VAT.<br />
Note 4: In accordance with S.5B of the Landlord &<br />
Tenant Act 1987, Notices were served on the lessees<br />
and they have reserved their rights of first refusal.<br />
This lot cannot be sold prior to auction.<br />
Note 5: The last flat to be sold in this block was in<br />
January 2008 for £450,000 (source<br />
www.houseprices.co.uk).<br />
12<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation* Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Flat 9 and<br />
Garage 9<br />
Flats and<br />
Garages 1–8,<br />
10–12 and<br />
14–19<br />
1 Flat and 1 Garage 2 Individuals 125 years from<br />
25th December 1967<br />
17 Flats and 17 Garages Various Each 150 years from<br />
25th December 1967<br />
£378 per annum<br />
plus Valuable Reversion<br />
in approx 83 years on<br />
one flat<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and GREG CORIN<br />
£21<br />
£357<br />
TOTAL £378<br />
FRI by the way of service charge.<br />
Valuable Reversion in approx 83 years<br />
Each FRI by way of service charge<br />
*Not inspected by <strong>Barnett</strong> <strong>Ross</strong><br />
VENDOR’S SOLICITORS<br />
Macrory Ward, 27 Station Road, New Barnet, Hertfordshire EN5 1PW<br />
Tel: 020 8440 3258. Ref: Ms Martina Ward<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photograph taken September 2009<br />
LOT<br />
3<br />
36 Tean Road<br />
Cheadle, Stoke-on-Trent<br />
Staffordshire ST10 1LY<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£500,000<br />
SITUATION<br />
Occupying a prominent position at the corner with Station<br />
Road, serving the surrounding residential area, facing a<br />
sports ground and close by to three senior schools.<br />
Cheadle lies on the A521 which links with the A50 some 7<br />
miles south east of Stoke-on-Trent.<br />
PROPERTY<br />
A detached purpose built property constructed in 2008<br />
comprising a Ground Floor Supermarket with Front Car<br />
Parking Area and side Loading Bays.<br />
ACCOMMODATION<br />
Site Area Approx<br />
10,450 sq ft<br />
Ground Floor Supermarket<br />
Gross Frontage 45'<br />
Net Frontage 42'9<br />
Built Depth 71'3<br />
GIA<br />
Approx 3,480 sq ft<br />
WC<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to United Co-operatives Foodstores Ltd t/a The<br />
Co-operative Food (having over 2,500 branches) (part<br />
of the Co-Operative Group – see Tenant Profile) for a<br />
term of 15 years from 11th September 2008 at a current<br />
rent of £39,000 per annum exclusive.<br />
Rent Reviews 2013 and 2018<br />
TENANT PROFILE<br />
In 2007 the Co-operative Group had an annual<br />
turnover of £9.4 billion with 87,000 employees<br />
serving around 10 million customers a week in over<br />
4,000 high street branches and through on-line<br />
shopping. (source www.co-operative.coop)<br />
VAT is payable in respect of this Lot<br />
FREEHOLD<br />
£39,000 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and MATTHEW BERGER<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
VENDOR’S SOLICITORS<br />
Howard Kennedy, 19 Cavendish Square, London, W1A 2AW<br />
Tel: 020 7663 8673. Ref: S. Shah Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
13
LOT<br />
4<br />
130 Earls Court Road<br />
Kensington, London, W8 6QL<br />
Reserve Below<br />
£25,000<br />
Photograph taken August 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In a main road location close to the junction with Cromwell<br />
Road and approx 1 ⁄3 mile from Earl’s Court Underground<br />
Station (District and Piccadilly Lines).<br />
PROPERTY<br />
At the end of a period terrace of similar properties and<br />
adjoining a modern block of flats comprising<br />
8 Self Contained Flats arranged over 5 floors.<br />
Note 1: In accordance with S.5B of the Landlord &<br />
Tenant Act 1987, Notices were served on the lessees<br />
and they have reserved their rights of first refusal.<br />
This lot cannot be sold prior to auction.<br />
Note 2: Freeholder manages and insures. Current<br />
management fee £1,400 pa. Current sum insured<br />
£1,611,277. Current premium £3,552.87.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Lessee Term Ann. Excl. Rental Remarks<br />
No. 130 Earls<br />
Court Road<br />
(8 Flats)<br />
Various<br />
Each 125 years from<br />
29th September 1986<br />
£870<br />
Each FRI by way of service charge.<br />
14<br />
£870 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and GREG CORIN<br />
VENDOR’S SOLICITORS<br />
Macrory Ward, 27 Station Road, New Barnet, Herts EN5 1PW<br />
Tel: 020 8440 3258. Ref: Ms Martina Ward<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
5<br />
30 Campden Hill Gardens<br />
Notting Hill, London, W8 7AZ<br />
Reserve Below<br />
£30,000<br />
Photograph taken August 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In this affluent residential area under 1 ⁄4 mile from Notting<br />
Hill Gate Underground Station (District, Circle and Central<br />
Lines) and under 1 ⁄2 mile from Holland Park and Kensington<br />
Gardens.<br />
PROPERTY<br />
An imposing stucco fronted corner building on 5 floors<br />
arranged as 6 Self Contained Luxury Flats.<br />
Note 1: In accordance with S.5B of the Landlord &<br />
Tenant Act 1987, Notices were served on the lessees<br />
and they have not reserved their rights of first refusal.<br />
This lot cannot be sold prior to auction.<br />
Note 2: Freeholder manages and insures. Current<br />
management fee £1,140 pa. Current sum insured<br />
£1,365,489. Current premium £3,990.52.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Lessee Term Ann. Excl. Rental Remarks<br />
No. 30 Campden<br />
Hill Gardens<br />
(6 Flats)<br />
Various<br />
Each 125 years from<br />
24th June 1989 £800<br />
Rising to £1,300 pa<br />
in 2014 and<br />
£1,600 pa in 2029<br />
Each FRI by way of service charge.<br />
Rents on Flats 1, 2, 3, 5 & 6 each rise by<br />
£100 every 25 years.<br />
Rent on Flat 4 rises to £600 in 2029 and<br />
£1,200 in 2049.<br />
£800 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and STEVEN GROSSMAN<br />
VENDOR’S SOLICITORS<br />
Macrory Ward, 27 Station Road, New Barnet, Herts EN5 1PW<br />
Tel: 020 8440 3258. Ref: Ms Martina Ward<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
15
LOT<br />
6<br />
460 Becontree Avenue<br />
Dagenham, Essex RM8 3UA<br />
Reserve Below<br />
£60,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
16<br />
SITUATION<br />
Occupying a good trading position within an established<br />
parade opposite a Coral and Blockbuster, near to a<br />
Texaco Petrol Station and close to the junction with<br />
Valence Avenue serving the surrounding residential area.<br />
Dagenham enjoys excellent road access via the A13 being<br />
approx. 12 miles east of Central London and 5 miles east<br />
of the 2012 Olympic Village.<br />
PROPERTY<br />
A mid terraced building comprising a Ground Floor Shop<br />
with separate rear access to a Self-Contained Maisonette<br />
on the upper floors. In addition, the property benefits<br />
from use of a rear service road for unloading.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage<br />
Net Frontage<br />
Shop Depth<br />
Built Depth<br />
18'10"<br />
17'6"<br />
15'8"<br />
76'10"<br />
WC<br />
First & Second Floor Maisonette<br />
3 Rooms, Kitchen, Bathroom/WC, & separate WC<br />
Valuable Reversion<br />
in approx 16 Years<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and NICHOLAS BORD<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to C C Pestell for a term of 99 years from 25th<br />
December 1926 at a current rent of £14 per annum<br />
exclusive.<br />
Valuable Reversion in approx 16 years<br />
Note: We believe the entire property has been sub-let<br />
to Mr Ly as a takeaway at a rental of £15,750 pa.<br />
View Opposite the Property<br />
VENDOR’S SOLICITORS<br />
Curry Popeck, 380 Kenton Road, Kenton, Harrow,<br />
Middlesex HA3 8DP. Tel: 020 8907 2000. Ref: J Lemon Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photographs taken September 2009<br />
LOT<br />
7<br />
© CROWN COPYRIGHT. All rights reserved.<br />
LICENCE NUMBER 100040809 – Plan not to scale<br />
2b Colville Road<br />
South Acton Trading Estate<br />
Bollo Road, Acton, London W3 8DH<br />
REVERSIONARY GROUND<br />
RENT INVESTMENT<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£400,000<br />
Internal View<br />
SITUATION<br />
Occupying a prominent position in this well-established<br />
estate, housing the Royal Mail Acton Delivery Office,<br />
only a short distance from Chiswick Park Station (District<br />
Line) and Acton Town Station (Piccadilly & District Line),<br />
benefiting from excellent road links being 1 mile from the<br />
M4 Motorway and approximately 6 miles from Central<br />
London.<br />
PROPERTY<br />
Comprising a brick built Factory/Warehouse (eaves<br />
height approx 19') with First Floor Offices to the front.<br />
In addition, the property benefits from roller shutter doors,<br />
gas central heating, a Yard and Parking for up to 8 cars.<br />
ACCOMMODATION<br />
Site Depth Approx 100'<br />
Site Width Approx 115'<br />
Site Area<br />
Approx 11,200 sq ft<br />
Ground Floor<br />
Factory/Warehouse & WCs GIA Approx 7,000 sq ft<br />
First Floor<br />
Offices/Boardroom & WCs GIA Approx 2,000 sq ft<br />
Total GIA Approx 9,000 sq ft<br />
£24,500 per annum<br />
with Valuable<br />
Reversion in approx<br />
26 1 ⁄4 years<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and GREG CORIN<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Fernedge Printers Ltd for a term of 60 years from<br />
4th January 1976 at a current ground rent of £24,500 per<br />
annum exclusive (Fixed in 2006).<br />
Note1: Valuable reversion in 26 1 ⁄4 years<br />
Note 2: There was a covenant from 2003 stating that<br />
in the event that if, within 20 years, the Freeholder<br />
wishes to develop or change the use to residential<br />
then after that grant of residential planning<br />
permission there will be a payment to the London<br />
Borough of Ealing at a rate of 50% of any additional<br />
value being the difference between the sum of<br />
£285,000 and the value of the property at the time or<br />
a proportionate part of it with the benefit of planning<br />
permission.<br />
Note 3: The lessee sublets to Brookprice Ltd as<br />
printers at a rental of £72,932 pa exclusive.<br />
VENDOR’S SOLICITORS<br />
Solomon Taylor Shaw, 3 Coach House Yard, Hampstead High Street,<br />
London NW3 1QD Tel: 020 7431 1912. Ref: B Shaw Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
17
LOT<br />
8<br />
600 Longbridge Road<br />
Dagenham, Essex RM8 2AJ<br />
Reserve Below<br />
£85,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Occupying a prominent trading position on the main A124<br />
adjoining Coral and a host of local traders and near to the<br />
busy roundabout with Lodge Avenue and Becontree<br />
Avenue. The property is also within close proximity of<br />
Academy Central, a large new housing development.<br />
Dagenham enjoys excellent road access via the A13 being<br />
approx. 12 miles east of Central London and 5 miles east<br />
of the 2012 Olympic Village.<br />
PROPERTY<br />
A mid terraced building comprising a Ground Floor Shop<br />
with separate rear access, via a shared communal yard<br />
with No. 598, to a Self-Contained Maisonette on two<br />
upper floors. In addition, the property benefits from a<br />
Front Forecourt for parking 2 cars.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor<br />
Shop<br />
First & Second<br />
Floor<br />
Maisonette<br />
Gross Frontage<br />
Net Frontage<br />
Shop & Built Depth<br />
WC<br />
17'8"<br />
16'8"<br />
39'9"<br />
V Bantu<br />
(Internet Café)<br />
5 years from<br />
1st July 2009<br />
Not Inspected Individual 125 years from<br />
25th December 2006<br />
£7,500<br />
£125<br />
TOTAL £7,625<br />
FRI<br />
£2,500 rent deposit held<br />
FRI<br />
18<br />
£7,625 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Wedlake Bell, PO Box 251, Farmley House, La Charroterie, St Peter<br />
Port, Guernsey GY1 4LG. Tel: 01481 710 315. Ref: D Harry Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
9<br />
2a Blackstock Road<br />
Finsbury Park, London N4 2DL<br />
Reserve Below<br />
£475,000<br />
BY ORDER OF AN LPA RECEIVER<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
© CROWN COPYRIGHT. All rights reserved.<br />
LICENCE NUMBER 100040809 – Plan not to scale<br />
SITUATION<br />
In this well known main road shopping location within a<br />
few yards from the junction with Seven Sisters Road and a<br />
short walk to Finsbury Park Rail (Mainline, Victoria &<br />
Piccadilly Lines) and Bus Stations.<br />
VAT – HMRC have no record of an option to tax<br />
being made in respect of this property<br />
(See Special Conditions of Sale)<br />
PROPERTY<br />
A mid terrace building comprising a Ground Floor Shop<br />
with separate front access to 2 Self-Contained Flats on<br />
the two upper floors.<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor Gross Frontage<br />
27'4" Z. Iqbal<br />
16 years from<br />
Effectively FRI by way of<br />
Shop<br />
Net Frontage<br />
22'6" (Convenience Store with 25th March 2002<br />
service charge<br />
Widening to<br />
27'0" Telephone Card Outlet)<br />
Rent Reviews 2010 and 2014<br />
Shop Depth<br />
33'10"<br />
Note: The lessee has made<br />
Built Depth<br />
50'10"<br />
an application to assign the<br />
Rear Store Area Approx 225 sq ft<br />
lease.<br />
Cold Room Area Approx 50 sq ft<br />
WC<br />
£18,000<br />
First Floor Flat 2 Rooms, Lounge/Kitchen,<br />
Individual<br />
1 year from<br />
AST<br />
Bathroom/WC<br />
13th March 2009 £12,480<br />
Second Floor<br />
Flat<br />
2 Rooms (one with ensuite shower<br />
room), Lounge/Kitchen Bathroom/WC<br />
Individual<br />
1 year from<br />
9th February 2009<br />
£12,960<br />
TOTAL £43,440<br />
AST<br />
£43,440 per annum<br />
The Surveyors dealing with this property are<br />
STEVEN GROSSMAN and JOHN BARNETT<br />
JOINT <strong>AUCTION</strong>EERS<br />
Jarvis Keller Stephens, One St John Street, London<br />
EC1M 4AA. Tel: 020 7251 9226 Ref: Ms Lucy Stephens<br />
VENDOR’S SOLICITORS<br />
Matthew Arnold & Baldwin, 21 Station Road, Watford, Hertfordshire<br />
WD17 1HT. Tel: 01923 202 020. Ref: B Ramsey, Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
19
LOT<br />
10<br />
113 Victoria Road, Ruislip Manor<br />
Middlesex HA4 9BN<br />
Reserve Below<br />
£300,000<br />
Photographs taken September 2009<br />
View from Property<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located close to the junction with Chalston Approach<br />
within this well established parade, adjacent to Wine Rack<br />
and amongst such multiple traders as The Post Office,<br />
RSPCA, Superdrug, William Hill and a number of local<br />
traders, only 1 ⁄2 a mile from Ruislip Manor Underground<br />
Station (Metropolitan Line).<br />
Ruislip Manor is a popular commuter suburb lying<br />
approximately 12 miles west of London’s West End with<br />
good access via the A40 (M) Western Avenue.<br />
VAT is NOT payable in respect of this Lot<br />
PROPERTY<br />
A mid terraced building comprising a Ground Floor Shop<br />
with separate rear access to a Self-Contained Maisonette<br />
at first and second floor levels which includes UPVC<br />
double glazing. In addition, the property benefits from use<br />
of a rear service road with vehicular access for unloading.<br />
PLANNING<br />
Planning Permission was granted by the London<br />
Borough of Hillingdon on 27th November 2007 for<br />
‘Conversion of existing first and second floor 3<br />
bedroom flat to 2 x one-bedroom flats’.<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor<br />
Shop<br />
First & Second<br />
Floor<br />
Maisonette<br />
Gross Frontage 20'10"<br />
Net Frontage 17'11"<br />
narrowing to 11’5 at rear<br />
Shop & Built Depth 41'<br />
External WC<br />
4 Rooms, Kitchen, Bathroom,<br />
separate WC<br />
A. S. Grewal 10 years from<br />
16th October 2006<br />
VACANT<br />
£11,000<br />
FRI<br />
Rent Review 2011<br />
Note 1: £5,500 deposit held.<br />
Note 2: The property has been sublet<br />
as a convenience store.<br />
Refer to Planning Note<br />
20<br />
£11,000 per annum<br />
Plus Vacant Maisonette<br />
with Planning<br />
The Surveyors dealing with this property are<br />
MATTHEW BERGER and STEVEN GROSSMAN<br />
TOTAL<br />
£11,000 plus<br />
Vacant Maisonette<br />
with Planning<br />
VENDOR’S SOLICITORS<br />
Bude Nathan Iwanier, 1-2 Temple Fortune Parade, Bridge Lane,<br />
London NW11 0QN Tel: 020 8458 5656. Ref: V Vernick Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photographs taken September 2009<br />
LOT<br />
11<br />
Garages at Whittington Court Reserve Below<br />
Aylmer Road,<br />
£160,000<br />
Hampstead Garden Suburb, London N2 0BT<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In this well known main road close to the junction with<br />
Sheldon Avenue on the edge of Hampstead Garden<br />
Suburb being handily placed for Kenwood and Highgate.<br />
PROPERTY<br />
Approached via two service roads to the rear of<br />
Whittington Court comprising a total of 34 Lock-Up<br />
Garages in three blocks.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee Term Ann. Excl. Rental Remarks<br />
Block A Garage Nos. 1, 2, 3, 5, 7, 8 &<br />
10<br />
(7 Garages)<br />
Garage Nos. 4, 6, 9 & 11<br />
(4 Garages)<br />
Block B Garage Nos. 1-5, 7, 8, 11, 13,<br />
14 & 16-21<br />
(16 Garages)<br />
Garage Nos. 6, 9 & 10<br />
Various<br />
Various<br />
Various<br />
Periodic Tenancies<br />
Each 125 years from<br />
between 1989 & 2000<br />
Periodic Tenancies<br />
£3,400<br />
Nil<br />
£8,000<br />
Note 1: Each let at £500 pa except<br />
No. 10 which is let at £400 pa.<br />
Each FRI<br />
(3 Garages) VACANT<br />
Garage Nos. 12 & 15 Various<br />
Each 125 years from<br />
Each FRI<br />
(2 Garage)<br />
between 1989 & 1990<br />
Garage Nos. 22 & 23<br />
(2 Garages)<br />
Various<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
Nil<br />
Each 125 years from<br />
25th March 1977 £10<br />
Note 2: Each let at £500 pa.<br />
Each FRI<br />
£11,410 per annum<br />
plus 3 Vacant Garages<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and JOHN BARNETT<br />
TOTAL<br />
£11,410 plus<br />
3 Vacant Garages<br />
VENDOR’S SOLICITORS<br />
Ms Alison Sandler, Lawrence House, Goodwyn Avenue,<br />
London NW7 3RH. Tel: 020 8906 4411.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
21
Photograph taken September 2009<br />
LOT<br />
12<br />
Richmond House & 44–48 (Even)<br />
Durham Road, Stockton-on-Tees<br />
Cleveland TS19 0BP<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£740,000<br />
SITUATION<br />
Occupying a prominent trading position close to the<br />
junction with Dundas Street serving the surrounding<br />
residential area.<br />
Stockton-on-Tees lies some 3 miles west of<br />
Middlesbrough, 30 miles south of Newcastle upon Tyne<br />
and enjoys excellent road access with A66 and A19.<br />
PROPERTY<br />
A detached building constructed in approx 2007<br />
comprising 3 Ground Floor Shops with separate rear<br />
access to 6 Self-Contained Flats on the first floor. In<br />
addition, the property benefits from front forecourt<br />
customer parking, 1 parking space for each flat and 4<br />
parking spaces for Shop No.44. Floor plans available<br />
from Auctioneers upon request.<br />
VAT is payable in respect of this Lot<br />
FREEHOLD<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
22<br />
£51,400 per annum<br />
Plus 5 Vacant Flats<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Howard Kennedy, 19 Cavendish Square, London W1A 2AW<br />
Tel: 020 7663 8673. Ref: S. Shah Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Richmond House & 44–48 (Even)<br />
Durham Road, Stockton-on-Tees<br />
Cleveland TS19 0BP<br />
6 WEEK COMPLETION<br />
LOT<br />
12<br />
Photograph taken September 2009<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
No. 44<br />
(Shop)<br />
No.46<br />
(Shop)<br />
No.48<br />
(Shop)<br />
Flats 1, 2, 4<br />
&6<br />
(4 Flats)<br />
Flat 5<br />
Net Frontage 22'7"<br />
Shop Depth 24'6"<br />
Built Depth 73'6"<br />
Operating/Treatment/Store/<br />
Office/Staff Rooms/WC<br />
Ground Floor Area Approx 2,150 sq ft**<br />
Plus 4 parking spaces<br />
Net Frontage 17’10”<br />
Built Depth 60’4”<br />
WC<br />
Ground Floor Area Approx<br />
Net Frontage 17’11”<br />
Shop Depth 44’1”<br />
Built Depth 60’4”<br />
WC<br />
Ground Floor Area Approx<br />
Each 2 Rooms, Kitchen/Diner,<br />
Bathroom/WC*<br />
1,055 sq ft**<br />
1,035 sq ft**<br />
1 Room, Kitchen/Diner, Bathroom/WC*<br />
Stockton<br />
Vets4Pets Ltd<br />
(Guaranteed by<br />
Vets4Pets<br />
Veterinary Group<br />
Ltd – a franchise<br />
operation with<br />
over 40 veterinary<br />
surgeries)<br />
Christine M<br />
Ferguson<br />
(Physiotherapy<br />
Centre)<br />
First Quench<br />
Retailing Ltd<br />
(t/a Local)<br />
(Having approx<br />
2,000 branches)<br />
15 years from<br />
21st May 2007<br />
15 years from<br />
10th January<br />
2008<br />
15 years from<br />
4th November<br />
2008<br />
VACANT<br />
VACANT<br />
£26,000<br />
£13,200<br />
£12,000<br />
Flat 3 2 Rooms, Kitchen/Diner, Bathroom/WC* Individual 125 years from<br />
1st January<br />
2007 £200<br />
TOTAL<br />
£51,400 plus<br />
5 Vacant Flats<br />
Effectively FRI<br />
Rent Reviews 2012 & 2017<br />
Effectively FRI<br />
Rent Reviews 2013 & 2018<br />
Tenant’s Break 2018<br />
Note 1: £14,500 deposit held<br />
Effectively FRI<br />
Rent Reviews & Tenant’s Breaks<br />
2013 & 2018<br />
Note 2: Flat 3 sold in Nov 2007 for<br />
£90,100 and is now on the market<br />
at £99,950<br />
Note 3: Currently let on an AST at<br />
£4,800 pa and the tenant intends to<br />
vacate on expiration on 15/10/09<br />
FRI<br />
Rent rises to £400 pa in 2032 and<br />
£600 pa in 2057<br />
* Not inspected by <strong>Barnett</strong> <strong>Ross</strong><br />
** Areas supplied by Vendor<br />
23
LOT<br />
13<br />
873 Holderness Road, Hull<br />
North Humberside HU8 9DA<br />
Reserve Below<br />
£90,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Occupying a busy trading position within this established<br />
parade, on this main road (A165) which leads to the city<br />
centre close to the junction with Ellesmere Avenue serving<br />
the surrounding residential area.<br />
Hull is an important port and commercial centre situated<br />
approximately 60 miles to the east of Leeds and 38 miles<br />
to the south-east of York with easy access via the M62 and<br />
A63.<br />
PROPERTY<br />
An end of terrace building comprising a Ground Floor<br />
Shop with separate rear access to a Self-Contained Flat<br />
on part ground and first floor. In addition, the property<br />
benefits from a shared driveway to the side and Rear<br />
Garden.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage<br />
18'2"<br />
Net Frontage<br />
16'9"<br />
Shop Depth<br />
37'7"<br />
Built Depth<br />
60'5"<br />
WC<br />
Part Ground & First Floor Flat<br />
3 Rooms, Kitchen, Bathroom/WC*<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Moses Uzor Anene as a convenience store for a<br />
term of 15 years from 15th May 2009 at a current rent of<br />
£9,000 per annum exclusive.<br />
Rent Reviews 2015 & 3 yearly<br />
Tenant’s Break 2019<br />
Note: The property was previously trading as a<br />
newsagent prior to the current use.<br />
*Not inspected by <strong>Barnett</strong> <strong>Ross</strong><br />
24<br />
£9,000 per annum<br />
The Surveyors dealing with this property are<br />
NICHOLAS BORD and GREG CORIN<br />
VENDOR’S SOLICITORS<br />
Metcalfe Copeman & Pettefar, 18 Priestgate, Peterborough<br />
PE1 1JN Tel: 01733 865 891. Ref: J Burton Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
15<br />
The Harmony, 82 Railton Road<br />
Herne Hill, London SE24 0LD<br />
Reserve Below<br />
£300,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
Internal view<br />
© CROWN COPYRIGHT. All rights reserved.<br />
LICENCE NUMBER 100040809 – Plan not to scale<br />
SITUATION<br />
In a predominantly residential area which is benefiting<br />
from considerable development approximately 1 ⁄2 mile<br />
from Brixton Town Centre and mid way between Brixton<br />
Station (Victoria & Mainline) and Herne Hill Station<br />
(Mainline).<br />
PROPERTY<br />
A corner Public House rebuilt in the 1980’s planned on<br />
Ground and Two Upper Floors with Basement and Side<br />
Yard.<br />
The First Floor comprises an attractive Restaurant (48<br />
covers) and Bar with balcony overflow and on the Second<br />
Floor there is a Self-Contained Flat with Additional<br />
Residential Accommodation. In addition, the property<br />
benefits from double glazed Velux windows and gas<br />
central heating.<br />
VAT is payable in respect of this Lot<br />
FREEHOLD<br />
ACCOMMODATION<br />
Ground Floor<br />
Saloon Bar Area<br />
Approx 1,030 sq ft<br />
Ladies & Gents WCs<br />
Basement<br />
Storage, Kitchen,<br />
Cooler Room Area<br />
Approx 1,330 sq ft<br />
First Floor<br />
Restaurant Area<br />
Approx 1,100 sq ft<br />
Kitchen Area Approx 100 sq ft<br />
Ladies & Gents WCs<br />
Second Floor<br />
Self-Contained Flat:<br />
2 Rooms, Kitchen,<br />
Bathroom/WC<br />
Additional Residential Space: Dressing Room, Sauna<br />
plus 3 Rooms, Shower/WC<br />
TENANCY<br />
The entire property is let on a full repairing and insuring lease<br />
to Brusher Ltd as a Public House and Restaurant for a term of<br />
20 years from 15th June 1998 at a current rent of £25,740<br />
per annum exclusive with annual RPI Rent Reviews.<br />
Open Market Rent Review 2013<br />
£25,740 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and STEVEN GROSSMAN<br />
JOINT <strong>AUCTION</strong>EER<br />
Hooper Naylor Friend, 2 Waterstone House, 13 Central Hill,<br />
London SE19 1BG. Tel: 020 8766 0123. Ref: P. Friend Esq.<br />
VENDOR’S SOLICITORS<br />
Solomon Taylor Shaw, 3 Coach House Yard, Hampstead High Street,<br />
London NW3 1QD Tel: 020 7431 1912. Ref: B Shaw Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
25
LOT<br />
16<br />
47 Old Ford Road<br />
Bethnal Green, London E2 9PJ<br />
Guide Price<br />
£60,000 – £65,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In a densely populated residential area close to<br />
Cambridge Heath Road and within 1 ⁄4 mile from Bethnal<br />
Green Underground Station (Central Line).<br />
PROPERTY<br />
Part of a development of shops and flats comprising a<br />
Ground Floor Shop with communal central heating.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage 19'<br />
Internal Width<br />
17'9"<br />
Shop Depth<br />
20'3"<br />
Built Depth<br />
26'3"<br />
WC<br />
TENANCY<br />
The property is let on a full repairing and insuring lease to<br />
J. Uddin as an Estate Agent for a term of 10 years from<br />
29th September 2004 at a current rent of £5,250 per<br />
annum exclusive.<br />
Rent Review September 2009 (Outstanding – No<br />
action taken)<br />
Note: £1,312.50 deposit held<br />
VAT is NOT payable in respect of this Lot<br />
TENURE<br />
Leasehold for a term of 125 years from 25th<br />
December 1988 at a peppercorn ground rent.<br />
26<br />
£5,250 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and JONATHAN ROSS<br />
VENDOR’S SOLICITORS<br />
Eversleys, 363 Liverpool Road, London N1 1NL<br />
Tel: 020 7607 0001. Ref: S. Appleman Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
17<br />
79 St John Street<br />
London EC1M 4NR<br />
Guide Price<br />
£325,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In this well-known location just a short distance from<br />
Smithfield Market and very close to the City of London.<br />
VAT is payable in respect of this Lot<br />
FREEHOLD<br />
PROPERTY<br />
An attractive impressive building comprising a Ground<br />
Floor Showroom and Lower Ground Floor (to include a<br />
drinks/coffee bar) which have been refurbished to a very<br />
high standard together with a separate front entrance to<br />
4 Self-Contained Flats on the four Upper Floors.<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor<br />
Showroom<br />
and Lower<br />
Ground<br />
Ground Floor Showroom<br />
Internal Width 11'8"<br />
(maximum width 16'9")<br />
Shop Depth 43'3"<br />
Lower Ground<br />
15'6" x 28'4"<br />
plus 2 WCs<br />
Forbo Flooring UK Ltd<br />
(T/O for Y/E 30/11/07<br />
£71.2m, Pre Tax Profit<br />
£7.6m and Net Worth<br />
£15.8m)<br />
(See Tenant Profile below)<br />
10 years from<br />
16th February<br />
2007<br />
4 Flats Not inspected 79 St John Street LLP 999 years from<br />
9th January 2006<br />
TENANT PROFILE<br />
Forbo Flooring Systems is a global market player in<br />
project vinyl and linoleum floor coverings where it has<br />
a market share of over 60%. Forbo Floor Systems is<br />
part of the Swiss Forbo Group and owns 14<br />
manufacturing plants in 32 countries worldwide<br />
(source www.forbo-flooring.co.uk).<br />
£26,000<br />
Peppercorn<br />
TOTAL £26,000<br />
FRI<br />
Rent Review and Tenant’s Break<br />
2012<br />
FRI<br />
£26,000 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and STEVEN GROSSMAN<br />
VENDOR’S SOLICITORS<br />
Philip <strong>Ross</strong> & Co, 4 Chandos Street, London W1A 3BQ<br />
Tel: 020 7636 6969. Ref: Ms Lottie Wadsworth<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
27
Photograph taken 2009<br />
LOT<br />
18<br />
6 WEEK COMPLETION<br />
Honda Plot, Silverlink Reserve Below £500,000<br />
Business Park, Middle Engine Lane<br />
Newcastle-upon-Tyne, NE28 9NZ<br />
SITUATION<br />
23 1 ⁄2 YEARS UNEXPIRED TO<br />
HONDA MOTOR EUROPE LTD<br />
SITUATION<br />
Located adjacent to a new state of the art Honda<br />
Showroom and Workshop facility within the Silverlink<br />
Business Park which is renowned for its extensive out of<br />
town retail and leisure offerings and houses such multiples<br />
as Marks and Spencer, McDonalds, Currys, Boots, Next<br />
and many more as well as premium brand motor dealers<br />
including Audi, Porsche, Bentley and BMW. In addition,<br />
the Silverlink Business Park adjoins the Cobalt Business<br />
Park which is the largest office park in the UK and home<br />
to a number of regional and national office occupiers<br />
including GE Money, Procter and Gamble, Orange,<br />
DWP, North Tyneside Council, Formica, EDS and<br />
Newcastle Building Society.<br />
The Silverlink Business Park is in a prominent position<br />
adjacent to the busy A19 and close to its junction with the<br />
A1058 Coast Road approx 6 miles north east of<br />
Newcastle-upon-Tyne city centre.<br />
PROPERTY & ACCOMMODATION<br />
A mainly rectangular shaped plot currently used as<br />
Parking Facilities for the adjoining Showroom.<br />
Site Frontage Approx 100 ft<br />
Site Depth Approx (Max) 190 ft<br />
Site Area Approx<br />
0.45 acres<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
28<br />
£32,000 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and NICHOLAS BORD
Honda Plot, Silverlink Business Park<br />
Middle Engine Lane<br />
Newcastle-upon-Tyne, NE28 9NZ<br />
6 WEEK COMPLETION<br />
HONDA<br />
SHOWROOM<br />
NOT INCLUDED<br />
LOT<br />
18<br />
View of Honda Plot<br />
LOT 18 –<br />
HONDA PLOT<br />
Photographs taken September 2009<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Honda Motor Europe Limited (T/O for Y/E<br />
31/3/08 £6.49 billion, Pre-Tax Profit £166.99m and<br />
Net Worth £730.35m) for a term of 25 years from 24th<br />
June 2008 at a current rent of £32,000 per annum<br />
exclusive.<br />
Rent Reviews 5 Yearly as follows:<br />
2013 rent review to the greater of:<br />
a) the rent previously reserved immediately prior to the<br />
relevant Review Date;<br />
b) RPI increase;<br />
c) Open Market Rent.<br />
2018, 2023 & 2028 rent reviews to the greater of:<br />
a) the rent previously reserved immediately prior to the<br />
relevant Review Date;<br />
b) the rent payable from the immediately preceding<br />
Review Date increased at 2% pa since the immediately<br />
preceding Review Date compounded annually;<br />
c) Open Market Rent<br />
VAT is payable in respect of this Lot<br />
TENURE<br />
Leasehold for a term of 125 years (less 3 days) from<br />
29th March 1996 at a peppercorn ground rent.<br />
Note: There is an option to purchase the freehold in<br />
2016 for £1.<br />
VENDOR’S SOLICITORS<br />
Wallace LLP, One Portland Place, London W1B 1PN<br />
Tel: 020 7636 4422. Ref: B Shaw, Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
29
LOT<br />
19<br />
54–64 The Broadway, Joel Street<br />
Northwood, Middlesex HA6 1PA<br />
Reserve Below<br />
£2,000,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
© CROWN COPYRIGHT. All rights reserved.<br />
LICENCE NUMBER 100040809 – Plan not to scale<br />
SITUATION<br />
Occupying a prominent position opposite Northwood<br />
Underground Station (Metropolitan Line) and amongst<br />
such occupiers as Domino’s, Coral, William Hill and Papa<br />
John’s in this established shopping centre located within<br />
this affluent suburb of North London.<br />
PROPERTY<br />
An established parade comprising 6 Ground Floor Shops<br />
each with separate rear access to a Self-Contained<br />
Maisonette on the first and second floors. In addition, the<br />
property benefits from a Rear Car Park and an<br />
Advertising Hoarding on the flank wall.<br />
PLANNING<br />
Planning permission was granted on 27th November<br />
2008 for “Alterations to the layout of the existing 6,<br />
Three-Bedroom Flats on the first and second floors to<br />
create 4, Two-Bedroom Flats at first and part second<br />
floor level and alterations and extensions to the<br />
existing pitched roof to incorporate dormer windows<br />
to facilitate an additional 8 One-Bedroom Flats at part<br />
first and second floor and part second and third floor<br />
level incorporating roof accommodation and creation<br />
of refuse storage within shop no. 54A.”<br />
VAT is payable in respect of this Lot<br />
FREEHOLD<br />
30<br />
£72,800 per annum<br />
plus 1 Vacant Shop and<br />
5 Vacant Maisonettes<br />
plus Planning<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and MATTHEW BERGER<br />
Rear Car Park<br />
VENDOR’S SOLICITORS<br />
S E Law Limited, Winnington Hall, Winnington, Northwich, Cheshire<br />
CW8 4DU. Tel: 01606 872 698. Ref: Ms Susan Edwards<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
54–64 The Broadway, Joel Street<br />
Northwood, Middlesex HA6 1PA<br />
LOT<br />
19<br />
6 WEEK COMPLETION<br />
Photographs taken September 2009<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
No. 54<br />
(Shop)<br />
No 54a<br />
(Maisonette)<br />
Gross Frontage<br />
17'10"<br />
Net Frontage 17'<br />
Built Depth<br />
49'3"<br />
VACANT<br />
WC, 1 Parking Space<br />
4 Rooms, Kitchen, Bathroom/WC<br />
1 Parking Space VACANT<br />
No. 56<br />
(Shop)<br />
No 56a<br />
(Maisonette)<br />
No. 58<br />
(Shop)<br />
No 58a<br />
(Maisonette)<br />
Gross Frontage<br />
17'10" Angela Margaret Fry 5 years from<br />
Net Frontage 17' (Ladieswear)<br />
11th February<br />
Built Depth<br />
49'3"<br />
2005<br />
Kitchenette, WC, 1 Parking Space<br />
£12,000<br />
4 Rooms, Kitchen, Bathroom/WC<br />
1 Parking Space VACANT<br />
Gross Frontage<br />
17'10" T. Culmer &<br />
10 years from<br />
Net Frontage 17' L. Culmer<br />
24th June 2002<br />
Built Depth<br />
49'3" (Furnishings)<br />
WC, 1 Parking Space<br />
£11,000<br />
4 Rooms, Kitchen, Bathroom/WC<br />
1 Parking Space VACANT<br />
Effectively FRI<br />
Rent Review August 2007<br />
(Freeholder quoted £16,500 p.a<br />
and Tenant offered £13,250 p.a.)<br />
Effectively FRI<br />
Rent Review June 2007<br />
(Freeholder quoted £15,500<br />
p.a)<br />
No. 60<br />
(Shop &<br />
Maisonette)<br />
No. 62<br />
(Shop)<br />
No 62a<br />
(Maisonette)<br />
No. 64<br />
(Shop)<br />
No 64a<br />
(Maisonette)<br />
Ground Floor Shop<br />
Gross Frontage<br />
17'2"<br />
A Gul<br />
(Wimpy Restaurant)<br />
15 years from<br />
25th June 2007<br />
Net Frontage 17'<br />
Built Depth<br />
49'3"<br />
Prep Area, 2 WCs, 1 Parking Space<br />
First & Second Floor Maisonette<br />
4 Rooms, Kitchen, Bathroom/WC<br />
1 Parking Space<br />
£21,000<br />
Gross Frontage<br />
17'5" S. Sivakumaran 10 years from<br />
Net Frontage<br />
16'10" (Convenience store) 18th October<br />
Built Depth<br />
49'3"<br />
2006<br />
WC, 1 Parking Space<br />
£13,500<br />
4 Rooms, Kitchen, Bathroom/WC<br />
1 Parking Space VACANT<br />
Gross Frontage<br />
21'2" B. Parmar (Cartridge 15 years from<br />
Net Frontage<br />
19'9" (max) World)<br />
26th July 2002<br />
Shop Depth<br />
32'1"<br />
Built Depth 43"<br />
WC, 1 Parking Space<br />
£13,000<br />
4 Rooms, Kitchen, Bathroom/WC<br />
1 Parking Space VACANT<br />
Effectively FRI<br />
Rent Reviews 2012 and 2017<br />
Effectively FRI<br />
Rent Reviews 2010 and 2014<br />
Effectively FRI<br />
Rent Review 2012<br />
Advertising<br />
Hoarding<br />
Poster Sites<br />
(Southern)<br />
6 years from<br />
1st July 2004<br />
£2,300<br />
TOTAL<br />
£72,800 plus<br />
1 Vacant Shop and<br />
5 Vacant Maisonettes<br />
31
LOT<br />
20<br />
121 Southbroom Road<br />
Devizes, Wiltshire, SN10 1LY<br />
Reserve Below<br />
£325,000<br />
Photograph taken ??? 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Well situated on this town centre ring road (A360) at its<br />
busy junction with Sidmouth Street, opposite Kwik Fit<br />
and less than half a mile from the main town centre<br />
shopping.<br />
Devizes is an attractive market town located on the A361<br />
some 20 miles east of Bath and 20 miles south of Swindon<br />
and the M4 (Junction 15).<br />
PROPERTY<br />
A mid terrace property comprising 2 Ground Floor Shops<br />
with rear access via a communal passageway to<br />
Residential Accommodation at first floor level. The<br />
property has been substantially renovated in the last 6<br />
months and includes 7 Car Parking Spaces accessed<br />
from a rear service road.<br />
VAT is payable in respect of this Lot<br />
32<br />
TENANCIES & ACCOMMODATION<br />
The Surveyors dealing with this property are<br />
GREG CORIN and STEVEN GROSSMAN<br />
FREEHOLD<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Unit 1<br />
(Shop)<br />
Unit 2<br />
(Shop)<br />
First Floor<br />
(Residential<br />
Accomm)<br />
Ground Floor Shop<br />
Gross Frontage 28'10"<br />
Net Frontage<br />
27'3"<br />
Shop Depth 37'<br />
Built Depth<br />
52'5"<br />
WC<br />
Plus 2 Car Parking Spaces<br />
Ground Floor Shop<br />
Gross Frontage 25'11"<br />
Net Frontage<br />
22'3"<br />
Shop Depth 36'<br />
Built Depth<br />
74'11"<br />
WC<br />
Rear Store Area Approx 245 sq.ft<br />
Plus 1 Car Parking Space<br />
Not Inspected<br />
Plus 2 Car Parking Spaces<br />
DP Realty Ltd t/a Domino’s<br />
(Domino’s is recognised as the<br />
world’s leading pizza delivery<br />
company and currently trades<br />
from over 570 stores in the UK –<br />
source www.dominos.uk.com)<br />
(T/O for Y/E 28th December 2008<br />
£10.93m, Pre-Tax Profit £596,000<br />
and Net Worth £862,000)<br />
Brian Roberts-Phare<br />
(Bicycle Sales & Repairs)<br />
(The tenant has relocated from a<br />
smaller unit and has traded in the<br />
area as a bicycle shop for over 20<br />
years. The tenant is currently<br />
fitting out the shop and the fascia<br />
shown in the photograph is from<br />
the tenant’s previous shop nearby)<br />
Individual<br />
Note 3: There are 2 vacant parking spaces but<br />
Domino’s use one of them, however, it is not<br />
included in their demise.<br />
20 years from<br />
27th March<br />
2009<br />
10 years from<br />
19th August<br />
2009<br />
199 years from<br />
29th May 2009<br />
TOTAL<br />
£16,000<br />
£13,000<br />
£100<br />
£29,100<br />
(See Notes<br />
1, 2 & 3)<br />
FRI by way of service charge but the<br />
tenant is not obliged to contribute<br />
to any costs in maintaining the rear<br />
flat roof.<br />
Rent Reviews 2014 & 5 yearly<br />
Tenant’s Break 2020<br />
Note 1: There is a rent free period<br />
until 13th August 2010 and the<br />
Vendor will pay any shortfall in<br />
rent on completion.<br />
FRI by way of service charge<br />
Rent Review 2014<br />
Note 2: There is a rent free period<br />
until 5th March 2010 and the<br />
Vendor will pay any shortfall in<br />
rent on completion.<br />
FRI by way of service charge<br />
Rent Doubles every 25 years<br />
VENDOR’S SOLICITORS<br />
Wilkin Chapman Solicitors, P.O. Box 16, Town Hall Square, Grimsby<br />
DN31 1HE Tel: 01472 262626. Ref: M Chilvers Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photograph taken September 2009<br />
LOTS<br />
21 & 22<br />
Units 1 & 2,<br />
344 Streatham High Road<br />
London SW16 6HH<br />
To Be Offered As<br />
2 Separate Lots<br />
6 WEEK COMPLETION<br />
Lot 21<br />
Lot 22<br />
SITUATION<br />
Occupying a busy trading position close to the junction<br />
with Station Approach, amongst a variety of local<br />
businesses being approximately 200 yards from Streatham<br />
Mainline Station.<br />
VAT is NOT payable in respect of these Lots<br />
TENURE<br />
Each leasehold for a term of 125 years from 1st<br />
January 2001 at a peppercorn ground rent.<br />
PROPERTIES<br />
Forming part of a terraced parade comprising 2 Ground<br />
Floor Shops (currently Intercommunicating).<br />
TENANCIES & ACCOMMODATION<br />
Lot Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Lot 21<br />
Reserve<br />
Below<br />
£160,000<br />
Unit 1 Gross Frontage 36'4"<br />
Area Approx. 740 sq.ft *<br />
London Borough of<br />
Lambeth<br />
From<br />
26th January 2004 to<br />
6th April 2011<br />
FRI<br />
Lot 22<br />
Reserve<br />
Below<br />
£160,000<br />
Unit 2 Gross Frontage 30'6"<br />
Area Approx. 740 sq.ft *<br />
London Borough of<br />
Lambeth<br />
5 years from<br />
7th April 2006<br />
£24,000<br />
FRI<br />
£24,000<br />
* Not Inspected by <strong>Barnett</strong> <strong>Ross</strong><br />
The Surveyors dealing with these properties are<br />
MATTHEW BERGER and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Bude Nathan Iwanier, 1-2 Temple Fortune Parade, Bridge Lane,<br />
London NW11 0QN Tel: 020 8458 5656. Ref: B Dubiner Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
33
LOT<br />
23<br />
Bridgemead Business Centre<br />
Bridgemead Close, Westmead<br />
Swindon, Wiltshire SN5 7YZ<br />
Reserve Below<br />
£1,250,000<br />
(Under £18 p.s.f.)<br />
BY ORDER OF VICEROY CAPITAL PLC<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located on an established Estate in West Swindon just off<br />
the B40 Great Western Way approx 3 miles north-east of<br />
Junction 16 of the M4.<br />
Westmead is a popular and modern employment area<br />
with other occupiers close by including Metric Group,<br />
Brake Bros, UK Leisurewear and Royal Mail.<br />
PROPERTY<br />
Occupying a Rectangular Site of Approx 2.25 Acres<br />
upon which stands a Modern Warehouse Building<br />
erected in the 1980’s comprising:<br />
4 x Single Storey Bay with an eaves height of 30 ft<br />
1 x Three Storey Bay which includes Offices and<br />
Ancillary Accommodation on the First and Second<br />
Floors.<br />
There is ample communal parking, a secure yard area and<br />
a Security Gatehouse.<br />
VAT is payable in respect of this Lot<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
FREEHOLD<br />
34<br />
£87,000 per annum<br />
plus 3 Vacant Units<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and JONATHAN ROSS<br />
JOINT <strong>AUCTION</strong>EERS<br />
Whitmarsh Lockhart, 1 Lancaster House, Edison Park, Dorcan<br />
Way, Swindon SN3 3RT Tel: 01793 541 000 Ref: M King, Esq<br />
VENDOR’S SOLICITORS<br />
Portner, 63/65 Marylebone Lane, London W1U 2RA<br />
Tel: 020 7616 5300. Ref: B Portner, Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Bridgemead Business Centre<br />
Bridgemead Close, Westmead<br />
Swindon, Wiltshire SN5 7YZ<br />
6 WEEK COMPLETION<br />
Bay 5<br />
LOT<br />
23<br />
Photographs taken September 2009<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Bay 1 GIA Approx 10,270 sq ft Office Clearance<br />
Supplies Ltd<br />
Bay 2 GIA Approx 10,090 sq ft Office Clearance<br />
Supplies Ltd<br />
Bay 3 GIA Approx 10,090 sq ft<br />
Bay 4 GIA Approx 10,090 sq ft<br />
Bay 5<br />
Ground Floor<br />
GIA Approx<br />
First Floor<br />
GIA Approx<br />
Second Floor<br />
GIA Approx<br />
10,090 sq ft<br />
10,550 sq ft<br />
10,630 sq ft<br />
Total GIA Approx 31,270 sq ft<br />
From<br />
21st December 2007<br />
to<br />
24th December 2012 £45,000<br />
From<br />
22nd August 2008<br />
to<br />
24th December 2012 £42,000<br />
FRI<br />
£13,218.75 Rent Deposit held<br />
FRI<br />
VACANT<br />
VACANT<br />
VACANT<br />
TOTAL GIA<br />
APPROX 71,810 SQ FT<br />
TOTAL<br />
£87,000 plus<br />
3 Vacant Units<br />
Note 1: This Lot will have Registered Bidding – Please<br />
contact the Auctioneers to Pre-register.<br />
Note 2: There is some additional land available at the<br />
rear (1.2 acres) if required by separate negotiation.<br />
Please refer to Auctioneers.<br />
35
LOT<br />
24<br />
100 Greenwich South Street<br />
Greenwich, London SE10 8UN<br />
Reserve Below<br />
£100,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In a predominantly residential area close to Blackheath Hill<br />
and within 3 ⁄4 mile of Greenwich Town Centre. Both<br />
Greenwich DLR and Mainline Stations are within approx 1 ⁄4<br />
mile.<br />
PROPERTY<br />
Part of an attractive period building comprising a Ground<br />
Floor Shop (partly fitted as A3 with Bar) together with<br />
a Large Basement with additional Bar and Kitchen.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Internal Width<br />
11'2" (rear width 14')<br />
Shop Depth<br />
47'9"<br />
2 WCs<br />
Basement<br />
Second Bar, Kitchen,<br />
Storage & 2 WCs 14' x 56'3<br />
VAT is NOT payable in respect of this Lot<br />
TENURE<br />
Leasehold for a term of 999 years from completion at<br />
a peppercorn ground rent.<br />
Offered with Full Vacant Possession.<br />
Note 1: The 4 Room/Kitchen, Bathroom/WC<br />
Maisonette above is vacant and available by separate<br />
negotiations.<br />
Note 2: There may be potential to convert the<br />
property to residential use as has been done in several<br />
nearby units, subject to obtaining the necessary<br />
consents.<br />
36<br />
Vacant A3 Unit<br />
The Surveyors dealing with this property are<br />
MATTHEW BERGER and JOHN BARNETT<br />
VENDOR’S SOLICITORS<br />
Bude Nathan Iwanier, 1-2 Temple Fortune Parade, Bridge Lane,<br />
London NW11 0QN Tel: 020 8458 5656. Ref: D Zysblat Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
25<br />
Flats 1–12 Colston Court<br />
West Street, Carshalton<br />
Surrey SM5 2QB<br />
Reserve Below<br />
£80,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located opposite West Street Lane near to St Mary’s<br />
Infants School within this pretty residential area near to<br />
Carshalton Railway Station.<br />
PROPERTY<br />
A purpose built block comprising 12 Self Contained Flats<br />
arranged over Ground, First and Second floors.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
Note 1: In accordance with S.5B of the Landlord &<br />
Tenant Act 1987, Notices were served on the lessees<br />
and they have not reserved their rights of first refusal.<br />
This lot cannot be sold prior to auction.<br />
Note 2: Freeholder manages and insures. Current<br />
management Fee £1,440 pa. Current sum insured<br />
£1,304,494. Current premium £2,056.63.<br />
TENANCIES & ACCOMMODATION<br />
Property Lessee Term Ann. Excl. Rental Remarks<br />
Flats 4, 5, 6, 7, 9,<br />
11 & 12<br />
(7 Flats)<br />
Various<br />
Each 99 years from<br />
25th March 1978<br />
£490<br />
Each FRI by way of service charge.<br />
Rents rise to £980 pa in 2028 and £1,960 in 2063<br />
Valuable Reversions in approx 67 1 ⁄2 years.<br />
Flats 1, 3, 8 & 10<br />
(4 Flats)<br />
Various<br />
Each 99 years from<br />
25th March 2002<br />
£550<br />
FRI by way of service charge.<br />
Rents rise to £750 pa in 2025, £1,000 pa in 2027 with<br />
further reviews thereafter<br />
Flat 2<br />
(1 Flat)<br />
Individual<br />
99 years from<br />
25th March 2007 £250<br />
FRI by way of service charge.<br />
Rent doubles every 20 years<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and NICHOLAS BORD<br />
TOTAL<br />
£1,290 per annum with<br />
7 Valuable Reversions<br />
in Approx 67 1 ⁄2 Years.<br />
£1,290<br />
rising to £2,480<br />
in 2028<br />
VENDOR’S SOLICITORS<br />
Macrory Ward, 27 Station Road, New Barnet, Herts EN5 1PW,<br />
Tel: 020 8440 3258. Ref: Ms Martina Ward<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
37
LOT<br />
26<br />
116/118 Robson Street, Anfield<br />
Liverpool, Merseyside L5 1TH<br />
Reserve Below<br />
£85,000<br />
Photograph taken November 2008<br />
6 WEEK COMPLETION<br />
© CROWN COPYRIGHT. All rights reserved.<br />
LICENCE NUMBER 100040809 – Plan not to scale<br />
SITUATION<br />
Located close to the junction with Walton Breck Road<br />
(A5089) serving the nearby Robson Street Medical<br />
Centre and the surrounding residential area<br />
approximately 700 yards away from Anfield Stadium.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
PROPERTY<br />
A corner building comprising a Ground Floor Shop with<br />
Basement plus separate front access to Self-Contained<br />
Ancillary Accommodation on first and second floors. In<br />
addition there are 2 Advertising Hoardings and a small<br />
Yard.<br />
Potential exists for the conversion of the upper parts<br />
into 2 flats subject to obtaining the necessary<br />
consents.<br />
38<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
No 116/118<br />
(Ground Floor<br />
Shop,<br />
Basement and<br />
2 Advertising<br />
Hoardings –<br />
See note 2)<br />
No 118<br />
(First Floor)<br />
No 118<br />
(Second Floor)<br />
Yard<br />
Ground Floor Shop<br />
Gross Frontage 52'<br />
Built Depth (max) 21'6<br />
GIA Approx<br />
WC<br />
Basement<br />
Not inspected<br />
930 sq ft.<br />
£8,500 per annum plus<br />
Vacant Upper Parts<br />
and Vacant Yard<br />
The Surveyors dealing with this property are<br />
MATTHEW BERGER and NICHOLAS BORD<br />
Leansave Ltd<br />
(Chemist having 2<br />
branches)<br />
(a wholly owned<br />
subsidiary of North<br />
Meols Pharmacy Ltd –<br />
having 9 branches and<br />
an online pharmacy)<br />
10 years from<br />
2nd December 2008<br />
2 Rooms, Kitchen, WC<br />
GIA Approx 750 sq ft VACANT<br />
4 Rooms<br />
GIA Approx 550 sq ft VACANT<br />
Note 2: The ground floor tenant sub-lets the<br />
advertising hoardings to Primesight Ltd at a<br />
combined rental of £600 per annum.<br />
VACANT<br />
TOTAL<br />
£8,500<br />
£8,500 plus<br />
Vacant Upper<br />
Parts and<br />
Vacant Yard<br />
Effectively full repairing (by way of<br />
service charge – subject to a schedule<br />
of condition) plus 40% contribution<br />
towards building insurance capped at<br />
£110 pa for first 5 years<br />
Note 1: We are informed that the<br />
property has traded as a pharmacy<br />
for over 60 years<br />
Previously let as a Dental laboratory<br />
at £2,600 pa<br />
VENDOR’S SOLICITORS<br />
Bude Nathan Iwanier, 1-2 Temple Fortune Parade, Bridge Lane,<br />
London NW11 0QN, Tel: 020 8458 5656. Ref: Z Melinek Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photograph taken September 2009<br />
LOT<br />
27<br />
104 Queensway, Bletchley<br />
Milton Keynes<br />
Buckinghamshire MK2 2RU<br />
6 WEEK COMPLETION<br />
Guide Price<br />
£350,000 – £375,000<br />
SITUATION<br />
Occupying a prime trading position in the heart of the Town Centre amongst such<br />
multiples Greggs, Specsavers, Peacocks, Dorothy Perkins, New Look, Barclays,<br />
Lloyds TSB and many others.<br />
Bletchley is located on the main A5 under 2 miles south of Milton Keynes,<br />
approximately 35 miles from Central London and 5 miles from junction 14 of the M1.<br />
PROPERTY<br />
Forming part of a terraced three storey building comprising a Deep Ground Floor<br />
Betting Shop with customer entrances from both Queensway and Findlay Way at the<br />
rear.<br />
ACCOMMODATION<br />
Ground Floor Betting Shop<br />
Gross Frontage 18'<br />
Net Frontage<br />
17'3"<br />
Shop Depth<br />
113'6"<br />
Sales/Kitchen/3 Wc’s Approx 1,950 sq ft<br />
VAT is payable in respect of this Lot<br />
TENURE<br />
Leasehold for a term of 125 years from 28th March 2007 at a peppercorn ground<br />
rent.<br />
TENANCY<br />
The property is let on a full repairing and insuring lease to Ladbrokes Betting and<br />
Gaming Ltd (formerly Ladbrokes Ltd) (T/O for Y/E ended 31st December 2007<br />
was £1bn, Pre-Tax Profits of £354.7m and Net Worth of £483.7m) for a term of 15<br />
years from 8th November 2006 at a current rent of £25,000 per annum exclusive.<br />
Rent Reviews 2011 & 5 yearly<br />
Tenant’s Break 2016<br />
£25,000 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and NICHOLAS BORD<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 –<br />
Plan not to scale<br />
VENDOR’S SOLICITORS<br />
Eversleys, 363 Liverpool Road, London N1 1NL<br />
Tel: 020 7607 0001. Ref: S Appleman Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
39
Photograph taken September 2009<br />
LOT<br />
28<br />
118a Uxbridge Road,<br />
Shepherd’s Bush<br />
London W12 8AA<br />
Reserve Below<br />
£400,000<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located close to the junction with Caxton Road, directly<br />
opposite Shepherd’s Bush Common and well served by<br />
the local shopping facilities. The area benefits from<br />
excellent public transport from various bus routes and<br />
being within close proximity to Shepherd’s Bush<br />
Underground Stations (Central and Hammersmith & City<br />
Lines) and Mainline Station. In addition, the property is<br />
just a short distance to the new Westfield Shopping<br />
Centre and approx 3 1 ⁄2 miles west of the West End.<br />
PROPERTY<br />
Forming part of a mid terraced property comprising<br />
6 Self-Contained Flats planned on the First, Second and<br />
Third Floors.<br />
VAT is NOT payable in respect of this Lot<br />
TENURE<br />
Leasehold for a term of 999 years from 2005 at a<br />
peppercorn.<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee Term Ann. Excl. Rental* Remarks<br />
Flat No. 1<br />
(First Floor Flat)<br />
1 Room, Kitchen,<br />
Shower Room/WC<br />
Individual<br />
1 year from<br />
25th September 2009 £6,756<br />
AST<br />
£563 deposit held<br />
Flat No. 2<br />
(First Floor Flat)<br />
1 Room, Kitchen,<br />
Shower Room/WC<br />
Individual<br />
1 year from<br />
5th October 2005 £7,020<br />
AST. Holding over<br />
£585 deposit held<br />
Flat No. 3<br />
(Second Floor Flat)<br />
1 Room, Kitchen,<br />
Shower Room/WC<br />
Individual<br />
1 year from<br />
29th September 2009 £6,756<br />
AST<br />
£563 deposit held<br />
Flat No. 4<br />
(Second Floor Flat)<br />
1 Room, Kitchen,<br />
Shower Room/WC<br />
Individual<br />
1 year from<br />
27th April 2007 £7,800<br />
AST. Holding over<br />
£650 deposit held<br />
Flat No. 5<br />
(Third Floor Flat)<br />
1 Room, Kitchen,<br />
Shower Room/WC<br />
Individual<br />
1 year from<br />
9th May 2009 £6,492<br />
AST<br />
£541 deposit held<br />
Flat No. 6<br />
(Third Floor Flat)<br />
1 Room, Kitchen,<br />
Shower Room/WC<br />
2 Individuals 1 year from<br />
1st December 2008 £7,800<br />
AST<br />
£650 deposit held<br />
*Rents are inclusive of gas TOTAL £42,624<br />
40<br />
£42,624 per annum<br />
The Surveyors dealing with this property are<br />
STEVEN GROSSMAN and MATTHEW BERGER<br />
VENDOR’S SOLICITORS<br />
Shranks, Ruskin House, 40-41 Museum Street, London WC1A 1LT<br />
Tel: 020 7831 6677. Ref: B Milburn, Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photographs taken September 2009<br />
LOT<br />
29<br />
180/182 Shields Road, Byker<br />
Newcastle-Upon-Tyne<br />
Tyne & Wear NE6 1EJ<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£200,000<br />
SITUATION<br />
Occupying a busy trading position in the heart of the town<br />
centre opposite a Betfred amongst such multiples as<br />
Boots, PDSA, Superdrug, William Hill, Lloyds TSB and<br />
many others.<br />
Byker lies on the main A193 under 2 miles east of<br />
Newcastle-upon-Tyne and enjoying easy access to the A1.<br />
PROPERTY<br />
Forming part of a terraced parade comprising a Ground<br />
Floor Shop with internal access to Ancillary Storage at<br />
first and second floor level.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Barnardo’s (having approx. 340 branches) for a<br />
term of 10 years from 19th June 2007 at a current rent of<br />
£17,500 per annum exclusive.<br />
Rent Review and Tenant’s Break 2012<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage<br />
Net Frontage<br />
Shop Depth<br />
Built Depth<br />
Sales Area<br />
First Floor Storage<br />
WC<br />
Second Floor Storage<br />
22'1"<br />
20'2"<br />
48'0"<br />
53'9"<br />
Approx 900 sq.ft.<br />
Area Approx 740 sq.ft.<br />
Area Approx 430 sq.ft.<br />
Total Area Approx 2,070 sq.ft.<br />
View from the property<br />
£17,500 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Mishcon de Reya, Summit House, 12 Red Lion Square,<br />
London WC1R 4QD Tel: 020 7440 7000. Ref: P. Freedman Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
41
Photograph taken September 2009<br />
LOT<br />
30<br />
57/63(odd) High Street and<br />
20/24 (even) Queen Street<br />
Dawlish, Devon EX7 9HF<br />
27 YEARS UNEXPIRED TO<br />
COSTCUTTER SUPERMARKETS GROUP LTD<br />
Reserve Below<br />
£675,000<br />
SITUATION<br />
Forming part of the main town centre serving the<br />
surrounding residential and tourist area.<br />
Dawlish is an attractive resort town located approximately<br />
12 miles south of Exeter benefiting from good transport<br />
links via the M5 Motorway and Dawlish Railway Station.<br />
PROPERTY<br />
A corner property arranged as a Ground Floor<br />
Supermarket with internal access (currently blocked) to<br />
Storage at rear first floor level. In addition, the property<br />
includes a Large Rear Car Park and Loading Bay and<br />
there is a National Lottery Terminal and ATM Machine.<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
42<br />
£50,000 per annum (see Note 1)<br />
The Surveyors dealing with this property are<br />
MATTHEW BERGER and GREG CORIN<br />
VENDOR’S SOLICITORS<br />
Brodies LLP, 15 Atholl Crescent, Edinburgh, EH3 8HA<br />
Tel: 0131 656 0234. Ref: Miss A. Collins<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
57/63(odd) High Street and<br />
20/24 (even) Queen Street<br />
Dawlish, Devon EX7 9HF<br />
LOT<br />
30<br />
Photographs taken September 2009<br />
ACCOMMODATION<br />
Ground Floor Supermarket<br />
Gross Frontage<br />
Net Frontage<br />
Shop Depth<br />
Built Depth<br />
Sales Area<br />
Store Area plus Kitchen / Office<br />
2 WC’s<br />
Ground Floor G.I.A<br />
First Floor Storage<br />
Car Park Area<br />
Site Area Approx 0.3 Acre<br />
*Area supplied by Vendor<br />
50'3"<br />
50'6"<br />
101'10"<br />
133'6"<br />
Approx 3,950 sq ft<br />
Approx 1,870 sq ft<br />
Approx 6,100 sq.ft*<br />
Not Inspected<br />
Approx 9,100 sq.ft<br />
Note 1: The 2011 Rent Review is based upon the<br />
change in RPI since the commencement of the lease<br />
plus an additional £6,000 per annum. At current levels<br />
this would equate to circa £53,500 per annum. The<br />
vendor will top up the rent so that the purchaser shall<br />
effectively receive £50,000 p.a from completion.<br />
Note 2: There is a 4 week completion period in<br />
respect of this lot.<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Costcutter Supermarkets Group Ltd (T/O for<br />
Y/E 26th April 2008 £538.1m, Pre-Tax Profit £9.57m<br />
and Net Worth £6.28m) for a term of 30 years from 20th<br />
October 2006 at a current rent of £50,000 per annum<br />
exclusive (see Note 1)<br />
Rent Review 2011 (see Note 1)<br />
Rent Reviews 2016 and 5 yearly in line with RPI.<br />
43
LOT<br />
31<br />
Red Lion House<br />
Magham Down, Hailsham<br />
East Sussex BN27 1PN<br />
Reserve Below<br />
£300,000<br />
BY ORDER OF FIXED CHARGE RECEIVERS<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER<br />
100040809 – Plan not to scale<br />
SITUATION<br />
Occupying a prominent main road position on the busy<br />
A271 thoroughfare within the pretty Hamlet of Magham<br />
Down, some 2 miles from Hailsham.<br />
Hailsham is located 8 miles north of Eastbourne and 23<br />
miles east of Brighton, with good transport links via the<br />
A22 and the nearby trains from Polegate to London<br />
(Victoria) with a journey time of 1 hour 22 minutes.<br />
PROPERTY<br />
A 0.53 acre site comprising a detached former Public<br />
House which has been converted to an Office Building<br />
arranged on ground and first floors. The property has a<br />
Site Frontage of 185 ft and benefits from gas central<br />
heating throughout and Parking for aprox 17 cars.<br />
There is also a large side and rear lawned garden.<br />
There may be future development potential subject to<br />
obtaining the necessary consents – See Note 2.<br />
VAT is payable in respect of this Lot<br />
FREEHOLD<br />
Note 1: Demelza are a registered charity set up to<br />
provide Hospice Care for Children. The charity own 2<br />
modern Hospice facilities and operate 13 shops. The<br />
premises at Magham Down are fully utilised as an<br />
office base for their large team of Community Nurses.<br />
Note 2: There is a restrictive covenant in the title<br />
restricting the property’s use to that of a Public<br />
House, Restaurant or Offices.<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
44<br />
Part Ground &<br />
First Floor<br />
Offices<br />
Part Ground<br />
Floor Offices<br />
Part Ground Floor Offices<br />
Area Approx 825 sq.ft<br />
WC<br />
First Floor Offices<br />
Area Approx 1,020 sq.ft<br />
WC<br />
Part Ground Floor Office Suite<br />
Area Approx 905 sq.ft<br />
2 WC’s<br />
TOTAL OFFICE AREA<br />
APPROX 2,750 sq.ft<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and STEVEN GROSSMAN<br />
Demelza House<br />
Childrens Hospice –<br />
See Note 1<br />
(Offices)<br />
M-Tech Systems Ltd<br />
with Surety<br />
(I.T. Consultants)<br />
5 years from<br />
30th October 2007<br />
5 years from<br />
14th March 2008<br />
£26,000<br />
£12,500<br />
TOTAL £38,500<br />
FRI by way of service charge<br />
(subject to a schedule of<br />
condition)<br />
FRI by way of service charge<br />
VENDOR’S SOLICITORS<br />
Eversheds LLP, One Wood Street, London EC2V 7WS<br />
Tel: 0845 497 3851. Ref: Ms Helen Rowley<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photograph taken September 2009<br />
LOT<br />
32<br />
32 Woodfield Street, Morriston<br />
Swansea,<br />
West Glamorgan SA6 8AB<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£235,000<br />
SITUATION<br />
Located in the best position on this busy retail thoroughfare adjacent to Boots and<br />
amongst a host of multiple traders such as Greggs, New Look, Peacocks, Iceland<br />
(ex–Woolworths), HSBC, Halifax, Specsavers, Lloyds TSB and Wilkinsons.<br />
Morriston is a popular suburb located 4 miles north of Swansea city centre and 1 mile<br />
south of the M4 (Junction 45).<br />
PROPERTY<br />
A mid terrace property comprising a Ground Floor Shop with Lower Ground Storage<br />
benefiting from a rear service yard for unloading at Lower Ground level from Glantawe<br />
Street.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage<br />
Net Frontage<br />
Shop Depth<br />
Sales Area<br />
Lower Ground Floor<br />
Storage Area<br />
WC<br />
22'1"<br />
21'4"<br />
48'8"<br />
Approx 980 sq ft<br />
Approx 320 sq.ft<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 –<br />
Plan not to scale<br />
TENANCY<br />
The entire property is let on a full repairing and insuring lease to Barnardo’s (having<br />
340 branches) for a term of 25 years from 24th June 1989 at a current rent of £21,900<br />
per annum exclusive.<br />
Rent Review June 2009 (Outstanding – not yet operated by Landlord)<br />
£21,900 per annum<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and JONATHAN ROSS<br />
VENDOR’S SOLICITORS<br />
Janet Auckland Solicitor, Queensgate House, 48 Queen Street,<br />
Exeter, Devon EX4 3SR Tel: 01392 210 152. Ref: Ms Janet Auckland<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
45
LOT<br />
33<br />
12 High East Street<br />
Dorchester, Dorset DH1 1HS<br />
Reserve Below<br />
£125,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Occupying a busy trading position amongst a variety of<br />
local traders approximately 1 ⁄4 mile from the town’s main<br />
shopping pitch and Dorchester South Mainline Station.<br />
Dorchester is an attractive historic town located just off<br />
the A35 approximately 25 miles west of Bournemouth with<br />
direct access to Bristol via the A27.<br />
PROPERTY<br />
An attractive Grade II Listed corner building comprising a<br />
Ground Floor Shop (A5 Use) and Basement with internal<br />
access to a Self Contained Maisonette above.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage 17'2<br />
Net Frontage<br />
14'1"<br />
Shop Depth<br />
16'4"<br />
Built Depth<br />
61'7"<br />
Basement Area Approx 220 sq.ft<br />
First & Second Floor Maisonette<br />
4 Rooms, Kitchen (no fittings), Bathroom/WC<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to S Uddin as an Indian Take-Away for a term of 20<br />
years from 25th March 1993 at a current rent of £10,750<br />
per annum exclusive.<br />
46<br />
£10,750 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and GREG CORIN<br />
VENDOR’S SOLICITORS<br />
Eversleys, 363 Liverpool Road, London, N1 1NL<br />
Tel: 020 7607 0001. Ref: S Appleman Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
34<br />
40 Greenham Road, Newbury<br />
Berkshire RG14 7HX<br />
Guide Price<br />
£450,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located close to the junction with Queens Road just off<br />
the main A339 at its intersection with the A343, within a<br />
mixed commercial and residential area close to Burger<br />
King, Halfords, Staples and Sainsbury’s.<br />
Newbury is an attractive and affluent Market Town situated<br />
some 18 miles west of Reading, 26 miles east of Swindon and<br />
is less than 3 miles from the M4 (Junction 13) via the A34.<br />
PROPERTY<br />
A detached single storey property comprising a Ground<br />
Floor Veterinary Surgery (fully fitted to a high<br />
standard) together with 9 car spaces (including 2 within a<br />
small plot of land opposite the building)<br />
ACCOMMODATION<br />
Ground Floor Surgery<br />
Waiting room, 3 Consulting rooms, X-ray room, Treatment<br />
room, Operating Theatre, Pharmacy, Store Rooms &<br />
Animal Holding Wards, 3 WC’s<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
Note 1: Vets4Pets Ltd is a joint venture partnership<br />
between local practice partners and Vets4Pets Ltd.<br />
Newbury Vets4Pets Ltd is a legally separate business<br />
run by one local partner but with the added support,<br />
services and buying power of the Vets4Pets Group.<br />
(Visit www.vets4pets.com)<br />
Note 2: The property also benefits from a Planning<br />
Consent granted on 23 March 2004 (now lapsed) for<br />
the construction of 6 flats with associated parking and<br />
amenity space, subject to a Section 106 Agreement.<br />
Copy Consent and side agreement available from the<br />
Auctioneers.<br />
GIA Approx. 3,900 sq.ft.<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Newbury Vets4Pets Ltd (a franchise operation<br />
with over 40 Veterinary Surgeries – see Note 1) for a<br />
term of 15 years from 21st May 2003 at a current rent of<br />
£42,000 per annum exclusive.<br />
Rent Review 2013 based on 90% of rents on Denvale<br />
Trade Park on Henbridge Road, Newbury.<br />
£42,000 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and STEVEN GROSSMAN<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
VENDOR’S SOLICITORS<br />
Eversleys, 363 Liverpool Road, London N1 1NL<br />
Tel: 020 7607 0001. Ref: S Appleman Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
47
LOT<br />
35<br />
77 Putney High Street & 3 Token Yard<br />
Putney, London SW15 1SR<br />
Reserve Below<br />
£1,350,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Occupying a prime trading position adjacent to Coral,<br />
opposite McDonalds and amongst a host of multiples<br />
including Marks & Spencer, Costa Coffee, Millets,<br />
Vodafone, Top Shop, Abbey, Clarks, BHS and HMV,<br />
being a short distance from Putney Exchange Shopping<br />
Centre and Putney Mainline Station.<br />
Putney is an affluent London suburb located<br />
approximately 5 miles south-west of central London and<br />
enjoying excellent road access via the A205 (South<br />
Circular) and the A3.<br />
PROPERTY<br />
A mid terraced building comprising a Ground Floor Shop<br />
with Basement Storage and separate side access to<br />
3 Self-Contained Flats on the upper floors.<br />
In addition, there is a Two Storey Mews Building to the<br />
rear, known as 3 Token Yard, which is accessed via an<br />
arched entrance from the High Street.<br />
VAT is payable in respect of this Lot<br />
FREEHOLD<br />
ACCOMMODATION<br />
77 Putney High Street:<br />
Ground Floor Shop<br />
Gross Frontage 16'7<br />
Net Frontage 14'8<br />
Shop Depth 48'4<br />
Sales Area<br />
Approx 630 sq ft<br />
Store Area<br />
Approx 250 sq ft<br />
Basement*<br />
Area<br />
Approx. 500 sq.ft<br />
First Floor Flat<br />
3 Rooms, Kitchen, Bathroom/WC*<br />
Second Floor Flat<br />
3 Rooms, Kitchen, Bathroom/WC*<br />
Third Floor Flat<br />
3 Rooms, Kitchen, Bathroom/WC*<br />
3 Token Yard:<br />
Ground Floor Area<br />
First Floor Area<br />
* Not inspected by <strong>Barnett</strong> <strong>Ross</strong><br />
Approx. 330 sq. ft.<br />
Approx. 265 sq ft.<br />
48<br />
£75,000 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Bains & Co, 14 Station Road, Watford, Hertfordshire WD17 1EN.<br />
Tel: 01923 288 488. Ref: R Bains Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
77 Putney High Street & 3 Token Yard<br />
Putney, London SW15 1SR<br />
LOT<br />
35<br />
3 Token Yard<br />
6 WEEK COMPLETION<br />
Photographs taken September 2009<br />
View opposite property<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Leasetime Limited with a guarantee from The<br />
Body Shop International plc, (having 2400 branches<br />
worldwide) (T/O for Y/E 27th December 2008<br />
£290.1m, Pre-Tax Profit £25.5m and Net Worth<br />
£227.4m) for a term of 25 years from 5th October 1987 at<br />
a current rent of £75,000 per annum exclusive.<br />
Note 1: No. 3 Token Yard has been sub-let as a Beauty<br />
Salon for a term of 20 years and 6 months (less 13<br />
days) from 13th April 1992 at a rental of £9,000 p.a.<br />
Note 2: We understand from the lessees that 2 Flats<br />
have been sub-let on AST’s and 1 Flat has been sub-let<br />
on a protected tenancy, at rents totalling £34,752 p.a.<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
49
LOT<br />
36<br />
52 Victoria Road, Shirebrook<br />
Derbyshire NG20 8AQ<br />
Reserve Below<br />
£225,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Occupying a prominent trading position facing Market<br />
Place in the heart of the town centre amongst such<br />
multiples as NatWest, Aldi, Ladbrokes, William Hill,<br />
Numark Pharmacy and Co-Op.<br />
Shirebrook lies just off the main A617 midway between<br />
Mansfield and Chesterfield enjoying easy access to the M1<br />
(J29).<br />
PROPERTY<br />
An attractive double fronted building comprising a<br />
Ground Floor Double Shop with separate rear access to<br />
2 Self-Contained Maisonettes at first and second floor<br />
level.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor<br />
Double Shop<br />
No. 52a<br />
(Maisonette)<br />
No. 52b<br />
(Maisonette)<br />
Gross Frontage 29'6<br />
Net Frontage 29'3<br />
Shop Depth 50'9<br />
Built Depth 66'8<br />
WC<br />
Oakham Clothing Ltd<br />
T/a Jonathan James<br />
(Having 50 branches)<br />
10 years from<br />
25th July 2008<br />
£12,000<br />
3 Rooms, Kitchen, Bathroom/WC Individual 1 year from<br />
30th November 2008 £4,380<br />
3 Rooms, Kitchen, Bathroom/WC Individual 1 year from<br />
12th January 2009 £4,380<br />
TOTAL £20,760<br />
FRI<br />
Rent Review 2013<br />
AST<br />
AST<br />
50<br />
£20,760 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and MATTHEW BERGER<br />
VENDOR’S SOLICITORS<br />
Mishcon de Reya, Summit House, 12 Red Lion Square,<br />
London WC1R 4QD Tel: 020 7440 7000. Ref: P. Freedman Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
37<br />
49/51 Front Street, Stanley<br />
County Durham DH9 0ST<br />
Reserve Below<br />
£725,000<br />
Photographs taken September 2009<br />
55 YEARS UNEXPIRED TO ARGYLL STORES (HOLDINGS) LTD –<br />
A PART OF W M MORRISON SUPERMARKETS PLC<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In the town’s principal retail thoroughfare close to Boots,<br />
ASDA, Homebase, Savers, Heron Frozen Foods, Coral,<br />
Greggs, William Hill and many more.<br />
Stanley is located approximately 8 miles south-west of<br />
Newcastle upon Tyne and 10 miles north-west of Durham<br />
benefiting from good road links via the A693 and A1(M).<br />
PROPERTY<br />
A large detached building comprising a Ground Floor<br />
Shop with Basement Storage and internal access to<br />
Sales/Storage on the first floor.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage<br />
57'11"<br />
Net Frontage<br />
56'10"<br />
Shop & Built Depth<br />
114'2"<br />
Sales Area Approx 5,115 sq. ft<br />
Store Area Approx 150 sq. ft<br />
Basement Storage Approx 1,070 sq. ft<br />
First Floor Sales/Storage Approx 4,240 sq. ft<br />
2 WC’s<br />
Total Area Approx.10,575 sq.ft<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Argyll Stores (Holdings) Limited (See Tenant<br />
Profile) for a term of 99 years from 30th December 1965 at<br />
a current rent of £50,000 per annum exclusive.<br />
Rent Reviews 2028 & 2049<br />
Tenant Profile<br />
Argyll Stores (Holdings) Limited for the Y/E January<br />
2008 reported net assets of £60.4m – a part of<br />
Safeway Limited who are in turn part of W M<br />
Morrison Supermarkets plc who for the Y/E January<br />
2008 reported a turnover of £12.9 billion, pre-tax<br />
profits of £612 million and net assets of £5.7 billion.<br />
Note: We are informed the property has been sub-let to<br />
Factory Shop Limited (t/a The Original Factory Shop).<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
£50,000 per annum<br />
The Surveyors dealing with this property are<br />
MATTHEW BERGER and NICHOLAS BORD<br />
View from the Property<br />
VENDOR’S SOLICITORS<br />
Darlingtons, 48 High Street, Edgware, Middlesex HA8 7EQ<br />
Tel: 020 8951 6666. Ref: V Parikh Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
51
LOT<br />
38<br />
313 High Street, Berkhamsted<br />
Hertfordshire HP4 1AL<br />
Reserve Below<br />
£140,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In a parade of shops opposite Dominos at the Western<br />
end of the High Street.<br />
Berkhamsted is an attractive market town located 20 miles<br />
north west of London and 5 miles west of Hemel<br />
Hempstead with good road access via the A41 which links<br />
to the M25 (Junction 20) and the national motorway<br />
network.<br />
PROPERTY<br />
A mid terrace property comprising a Ground Floor Shop<br />
with separate rear access to a Self Contained Maisonette<br />
on the upper floors. The property benefits from a rear<br />
service road and Private Parking for 2 cars.<br />
FREEHOLD<br />
VAT is NOT payable in respect of this Lot<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor<br />
Shop<br />
Gross Frontage 18'3<br />
Net Frontage 17'9<br />
Shop Depth 35'<br />
Built Depth 45'<br />
WC<br />
Castle Insurance<br />
Group Ltd<br />
(Insurance<br />
Services)<br />
6 years from<br />
1st January 2006<br />
Maisonette Not inspected Individual 125 years from completion<br />
£18,000<br />
FRI<br />
Rent Review January 2009<br />
(Outstanding)<br />
FRI<br />
£100<br />
TOTAL £18,100<br />
52<br />
£18,100 per annum<br />
The Surveyors dealing with this property are<br />
MATTHEW BERGER and JOHN BARNETT<br />
VENDOR’S SOLICITORS<br />
Keith Harvey & Co., 43 High Street, Market Harborough,<br />
Leicestershire LE16 7AQ Tel: 01858 464 327. Ref: K Harvey Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
39<br />
329 North End Road<br />
Fulham, London SW6 1NN<br />
Reserve Below<br />
£550,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located in a busy market position close to the junction<br />
with Lillie Road, near to Earl’s Court and Olympia and a<br />
short walk from West Brompton Station (District and<br />
Mainline).<br />
Fulham is a prosperous and fashionable area only 2 miles<br />
from Hyde Park Corner and under a mile from Kings Road,<br />
Chelsea.<br />
VAT is NOT payable in respect of this Lot<br />
TENANCIES & ACCOMMODATION<br />
£30,000 per annum<br />
plus 2 Flats<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and MATTHEW BERGER<br />
FREEHOLD<br />
PROPERTY<br />
A mid terrace building comprising a Ground Floor Shop<br />
and Basement with separate rear access to 2 Self<br />
Contained Flats arranged on first and second floors.<br />
Note 1: The Freeholders have misplaced the AST<br />
Agreements and have not been collecting rent on<br />
either Flat. They are trying to locate further copies<br />
and hopefully these will be available at the Auction.<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor<br />
Shop &<br />
Basement<br />
Ground Floor Shop<br />
Gross Frontage 17’6’’<br />
Net Frontage 15’6’’<br />
Shop Depth 45’<br />
Built Depth 55’<br />
WC<br />
Basement<br />
Not inspected<br />
Caesars World Ltd<br />
(Amusements)<br />
(Having 14 branches)<br />
10 years from<br />
completion<br />
(In occupation<br />
since 1989)<br />
First Floor Flat 2 Rooms, Kitchen, Bathroom/WC Individual AST<br />
Second Floor<br />
Flat<br />
2 Rooms, Kitchen, Bathroom/WC Individual AST<br />
TOTAL<br />
£30,000<br />
see Note 1<br />
see Note 1<br />
£30,000<br />
plus 2 Flats<br />
FRI<br />
Rent Review 2014 with minimum<br />
RPI increase.<br />
Vendor’s ERV £10,000 p.a.<br />
Vendor’s ERV £10,000 p.a.<br />
VENDOR’S SOLICITORS<br />
Bains & Co., 14 Station Road, Watford, Herts WD17 1EN<br />
Tel: 01923 288 488. Ref: R Bains Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
53
LOT<br />
40<br />
16A Church Street, Helmdon<br />
Northamptonshire NN13 5QJ<br />
Reserve Below<br />
£100,000<br />
BY ORDER OF MORTGAGEES<br />
Photographs taken August 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located close to the junction with Bell Close in this<br />
attractive Northamptonshire village, and opposite The Bell<br />
Inn, only yards from Helmdon Reading Room (Village Hall)<br />
and near to Helmdon Primary School.<br />
Helmdon lies 8 miles north east of Banbury and benefits<br />
from good road links via the A43 which connects the M1<br />
and M40.<br />
PROPERTY<br />
An attractive semi-detached 2 Bedroom Bungalow<br />
approached via a stone arched entrance, leading to a<br />
front patio garden and shed.<br />
ACCOMMODATION<br />
Ground Floor<br />
2 Bedrooms, Living-room, Kitchen, Bathroom/WC,<br />
separate WC<br />
Note: Room sizes and Areas available on request.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD offered with FULL VACANT POSSESSION<br />
54<br />
Vacant 2 Bed Bungalow<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and NICHOLAS BORD<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
VENDOR’S SOLICITORS<br />
Berwin Leighton Paisner LLP, Adelaide House, London Bridge,<br />
London EC4R 9HA. Tel: 020 7760 1000. Ref: J. Halstead Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
41<br />
4 & 6 High Street, Merstham<br />
Surrey RH1 3EA<br />
Reserve Below<br />
£80,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located within an established parade on this main<br />
thoroughfare (A23 London to Brighton Road) adjacent to<br />
Wine Cellars and close to a Bairstow Eves, benefiting<br />
from excellent transport links being 100 yards from<br />
Merstham Mainline Station.<br />
Merstham is located approximately 18 miles south of<br />
London and 3 miles north of Reigate with good road<br />
communications being 1 1 ⁄2 miles west of the intersection of<br />
the M25 and M23 Motorways.<br />
PROPERTY<br />
A mid terrace property comprising a Ground Floor Shop<br />
benefiting from vehicular access via a rear service road,<br />
together with separate front access to a Self Contained Flat<br />
above. In addition the property includes a Rear Yard/Garden.<br />
VAT is NOT payable in respect of this Lot<br />
TENANCIES & ACCOMMODATION<br />
Vacant Shop<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and NICHOLAS BORD<br />
View along the parade<br />
TENURE<br />
Leasehold for a term of 125 years from 25th<br />
December 1986 at a ground rent of £50 pa<br />
doubling every 25 years<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
No. 6<br />
(Ground Floor<br />
Shop)<br />
No. 4<br />
(First Floor<br />
Flat)<br />
Gross Frontage 18'5"<br />
Net Frontage 17'7"<br />
Shop Depth 18'<br />
Built Depth<br />
25'8"<br />
WC<br />
Rear Yard/Garden<br />
Not Inspected 2 Individuals 125 years (less 3 days)<br />
from 25th December<br />
1986 £50<br />
VACANT<br />
Effectively FRI<br />
Rent rising to £100pa in 2011 &<br />
25 yearly<br />
VENDOR’S SOLICITORS<br />
Trethowans, The Director General’s House, 15 Rockstone Place,<br />
Southampton, Hampshire SO15 2EP Tel: 023 8032 1000.<br />
Ref: Ms Emily Stocker<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
55
LOT<br />
42<br />
100 Bridge Street, Worksop<br />
Nottingham S80 1HZ<br />
Reserve Below<br />
£50,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Occupying a prominent trading position in the main<br />
pedestrianised section of the town, adjacent to<br />
Barnardo’s and close to branches of Lloyds TSB,<br />
Natwest, Nationwide, Lloyds Pharmacy and Phones 4 U.<br />
Worksop is located at the junction of the A57 and A619<br />
approximately 17 miles south-east of Sheffield and 12<br />
miles north of Mansfield enjoying easy access to the M1<br />
(Junction 31).<br />
PROPERTY<br />
Forming part of a terraced building comprising a<br />
Ground Floor Shop.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage 19'<br />
Net Frontage 17'2<br />
Shop and Built Depth 32'9<br />
VAT is payable in respect of this Lot<br />
TENURE<br />
Leasehold for a term of 999 years from completion<br />
at a peppercorn ground rent<br />
TENANCY<br />
The property is let on a full repairing and insuring lease to<br />
Karen Frankie Dale as a Childrens Supplies Shop for a<br />
term of 6 years from 20th September 2007 at a current rent<br />
of £6,000 per annum exclusive.<br />
Rent Review & Tenant’s Break September 2010<br />
Note 1: £3,000 Rent Deposit is held<br />
Note 2: The occupational lease is outside Section 24-<br />
28 of the L&T Act 1954.<br />
56<br />
£6,000 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Nelson & Co., 28-32 Potter Street, Bishop’s Stortford, Hertfordshire,<br />
CM23 3UL Tel: 01279 653 157. Ref: Ms Claire Nelson<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
43<br />
1 South Street, Deal<br />
Kent CT14 7AW<br />
Guide Price<br />
£130,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Situated at the junction with High Street, the main<br />
pedestrianised shopping pitch, adjacent to Lloyds TSB,<br />
opposite Subway and close to Tote Sport, Vision<br />
Express, Superdrug, Oxfam and others. The property<br />
benefits from excellent local transport links being located<br />
at the main town centre bus station and taxi rank.<br />
Deal is an attractive coastal town situated 8 miles north<br />
east of Dover, with road access provided by the A258 and<br />
A2 which in turn links to the M2 Motorway (Junction 7).<br />
PROPERTY<br />
An end of terrace property comprising a Ground Floor<br />
Shop (A5 Use) and Basement with separate front access<br />
to a Self Contained Maisonette at first, second and third<br />
floors. There is a side service road providing rear access<br />
for unloading.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage<br />
20'9"<br />
Net Frontage<br />
13'7"<br />
Shop Depth<br />
26'5"<br />
Built Depth<br />
37'7"<br />
WC<br />
Basement<br />
Area Approx 425 sq.ft<br />
First, Second & Third Floor Maisonette<br />
6 Rooms, Kitchen, Bathroom<br />
& Sep WC<br />
Area Approx 1,250 sq.ft<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to M. Yildirim as a Take Away for a term of 20 years<br />
from 29th September 2000 at a current rent of £12,000<br />
per annum exclusive.<br />
VAT is NOT payable in respect of this Lot<br />
Rent Reviews 2010, 2015 and 2020<br />
FREEHOLD<br />
£12,000 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and GREG CORIN<br />
VENDOR’S SOLICITORS<br />
Eversleys, 363 Liverpool Road, London N1 1NL<br />
Tel: 020 7607 0001 Ref: S Appleman Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
57
LOT<br />
44<br />
18 Holbeach Mews<br />
Balham, London SW12 9QX<br />
Reserve Below<br />
£100,000<br />
BY ORDER OF FIXED CHARGE RECEIVERS<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located to the rear of Balham High Road, off Harberson<br />
Road in this mixed commercial/residential area within<br />
close proximity of Balham Underground Station (Northern<br />
Line) and Balham Mainline Station.<br />
Balham lies approximately 5 miles south of Central<br />
London benefiting from good road links<br />
via the A24.<br />
Holbeach Mews<br />
PROPERTY<br />
A single storey semi-detached Office Building.<br />
ACCOMMODATION<br />
4 Rooms Area Approx. 735 sq.ft<br />
Plus Kitchen & WC<br />
View from Bedford Hill<br />
VAT – See Special Conditions of Sale<br />
FREEHOLD – The property is believed to be vacant<br />
but no warranty will be offered in this respect<br />
58<br />
Vacant Office Building<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and NICHOLAS BORD<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
VENDOR’S SOLICITORS<br />
DLA Piper UK LLP, 101 Barbirolli Square, Bridgewater, Manchester<br />
M2 3DL Tel: 08700 111 111. Ref: T Johnson Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photographs taken September 2009<br />
LOT<br />
45<br />
8 Pinchbeck Road, Spalding<br />
Lincolnshire PE11 1PZ<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£150,000<br />
(UNDER £20 PER SQ FT)<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER<br />
100040809 – Plan not to scale<br />
SITUATION<br />
Occupying a prominent position close to the junction with<br />
New Road and Westlode Street in the heart of this<br />
attractive town which lies just off the A16 some 15 miles<br />
West of Kings Lynn.<br />
PROPERTY<br />
An impressive Grade II Listed Office Building planned<br />
on Ground, First and Second Floors together with<br />
Basement Storage. The property includes a Large Rear<br />
Car Park and benefits from gas central heating (not<br />
tested).<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD offered with FULL VACANT<br />
POSSESSION<br />
ACCOMMODATION<br />
Site Area<br />
Approx 11,100 sq ft<br />
Ground Floor<br />
11 Rooms, Conservatory, Reception,<br />
Kitchen, Ladies & Gents WCs<br />
and Hallways<br />
GIA Approx 3,795 sq ft<br />
First Floor<br />
11 Rooms, Conservatory,<br />
Ladies & Gents WCs and Hallways GIA Approx 2,865 sq ft<br />
Second Floor<br />
1 Room GIA Approx 190 sq ft<br />
Basement<br />
Boiler Room and Store Areas GIA Approx 810 sq ft<br />
Total GIA Approx 7,660 sq ft<br />
Note: There may be potential to convert the property<br />
to residential use subject to obtaining the necessary<br />
consents.<br />
Vacant 7,660 sq ft (GIA)<br />
Offices with<br />
Development Potential<br />
The Surveyors dealing with this property are<br />
MATTHEW BERGER and STEVEN GROSSMAN<br />
Rear of Property<br />
VENDOR’S SOLICITORS<br />
Keith Harvey & Co., 43 High Street, Market Harborough,<br />
Leicestershire LE16 7AQ Tel: 01858 464 327. Ref: K Harvey Esq.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
59
Photograph taken September 2009<br />
LOT<br />
46<br />
Car Park R/O White Lion Public House Guide Price<br />
Back Row, Denbigh,<br />
£50,000 – £60,000<br />
Clwyd, LL16 3TE<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located in the heart of the Town centre fronting Factory<br />
Ward.<br />
Denbigh lies on the A543 some 20 miles West of Chester<br />
with good road access via the A525 which links with the<br />
A494<br />
PROPERTY<br />
Comprising a pay and display Car Park which forms part of<br />
the main town centre car park, the remainder of which is<br />
owned by the Local Council.<br />
ACCOMMODATION<br />
Max Site Depth 150'<br />
Max Site Width 65'<br />
Site Area approx 9,460 sq ft<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Denbighshire County Council for a term of 12<br />
years from 1st August 1998 at a current rent of £3,700 per<br />
annum exclusive.<br />
Rent Review 2007 (Outstanding)<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
60<br />
£3,700 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and MATTHEW BERGER<br />
VENDOR’S SOLICITORS<br />
Rodney Evans, Third Floor, 9 White Lion Street, London, N1 9PD<br />
Tel: 020 7843 3788.<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
Photographs taken September 2009<br />
LOT<br />
47<br />
Unit 7 Castle Walk, Lower Street<br />
Stansted Mountfitchet<br />
Essex CM24 8LY<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£150,000<br />
Lower Walk entrance<br />
SITUATION<br />
Located close to the junction of Lower Street and Chapel<br />
Hill, in the heart of this attractive Village, adjacent to the<br />
entrance and car park of Mountfitchet Castle and only a<br />
minutes walk from the Railway Station.<br />
Stansted Mountfitchet lies on the B1051 just north of<br />
Bishop’s Stortford and enjoying easy access via the A120<br />
to the M11 (Junction 8) whilst being only 3 miles from<br />
Stansted Airport.<br />
PROPERTY<br />
Forming part of a modern three storey retail and<br />
residential development, comprising a Ground Floor<br />
Restaurant with parking for 1 car.<br />
ACCOMMODATION<br />
Ground Floor Restaurant (47 Covers)<br />
Gross Frontage 35'<br />
Net Frontage<br />
34'6"<br />
Restaurant Depth<br />
29'4"<br />
Built Depth<br />
44'8"<br />
Restaurant/Kitchen Area Approx 1,540 sq ft<br />
2 WC’s<br />
VAT is payable in respect of this Lot<br />
£15,000 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and MATTHEW BERGER<br />
TENURE<br />
Leasehold for a term of 999 years from completion at<br />
a peppercorn ground rent.<br />
TENANCY<br />
The property is let on an effectively full repairing and<br />
insuring lease by way of service charge to Y. Hung & O.<br />
Hung trading as Crimson 8 (Chinese Restaurant) for a term<br />
of 25 years from 15th January 1999 at a current rent of<br />
£15,000 per annum exclusive.<br />
Rent Reviews 2014 & 5 yearly<br />
Note: £3,750 plus VAT Rent Deposit held.<br />
VENDOR’S SOLICITORS<br />
Greenwoods, Monkestone House, City Road, Peterborough<br />
PE1 1JE Tel: 01733 887648. Ref: Ms Cheryl McCready<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
61
Photograph taken September 2009<br />
LOT<br />
48<br />
4/4A Kingsway Parade<br />
Huyton, Liverpool<br />
Merseyside L36 2QA<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£100,000<br />
SITUATION<br />
Occupying a prominent trading position within this<br />
established local parade, which also houses William Hill,<br />
and amongst a variety of local traders serving the<br />
surrounding residential area.<br />
Huyton lies approximately 6 miles east of Liverpool and 5<br />
miles south west of St Helens and is easily accessible via<br />
the M62 (Junction 6) and the M57 (Junction 1).<br />
PROPERTY<br />
A mid terrace building comprising a Ground Floor Shop<br />
with separate front access to an additional Retail Unit on<br />
the first and second floors. There is a rear service road for<br />
unloading.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
No. 4<br />
No. 4A<br />
Ground Floor Shop<br />
Gross Frontage 17'10<br />
Net Frontage 17'6<br />
Built Depth 36'7<br />
WC<br />
First Floor Retail Unit<br />
Area Approx 382 sq.ft<br />
Second Floor Ancillary<br />
Area Approx 382 sq.ft<br />
M. Palmer<br />
(Hair Design)<br />
Angela Kelly &<br />
Angela Dorning<br />
(Beauty Salon)<br />
10 years from<br />
3rd July 2009<br />
10 years from<br />
19th June 2009<br />
£7,000<br />
£6,760<br />
TOTAL £13,760<br />
FRI<br />
Rent Review 2014<br />
In occupation since 2003<br />
FRI<br />
Rent Review 2014<br />
In occupation since 2003<br />
62<br />
£13,760 per annum<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and MATTHEW BERGER<br />
VENDOR’S SOLICITORS<br />
Metcalfe Copeman & Pettefar, 25 Priestgate, Peterborough PE1 1JL<br />
Tel: 01733 865 880. Ref: Ms Jacqui Hesketh<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
49<br />
9 The Parade, Pavenhill<br />
Purton, Near Swindon<br />
Wiltshire SN5 4BX<br />
Reserve Below<br />
£80,000<br />
Photographs taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located within this established parade, close to the<br />
junction with Restrop Road, opposite a One-Stop and<br />
close to a Lloyds Pharmacy serving the surrounding<br />
residential area.<br />
Purton lies approximately 4 miles north-west of Swindon<br />
with easy access to the M4 (Junction 16).<br />
TENANCY<br />
The entire property is let on a full repairing and insuring<br />
lease to Lawrence Kwok Kwong Lee as a Takeaway for a<br />
term of 15 years from 29th September 2001 at a current<br />
rent of £7,500 per annum exclusive.<br />
Rent Review 2011<br />
PROPERTY<br />
A single storey end of terrace building comprising a<br />
Ground Floor Shop which benefits from use of a<br />
communal rear service area.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage<br />
Net Frontage<br />
Shop Depth<br />
Built Depth<br />
WC<br />
18'10"<br />
17'10"<br />
30'9"<br />
45'5"<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
£7,500 per annum<br />
The Surveyors dealing with this property are<br />
NICHOLAS BORD and GREG CORIN<br />
VENDOR’S SOLICITORS<br />
Metcalfe Copeman & Pettefar, 18 Priestgate, Peterborough<br />
PE1 1JN. Tel: 01733 865 891. Ref: J Burton Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
63
LOT<br />
50<br />
88/90 Amwell Street<br />
London EC1R 1UU<br />
Reserve Below £1,250,000<br />
ON BEHALF OF<br />
THE LONDON BOROUGH OF<br />
Photograph taken July 2009<br />
6 WEEK COMPLETION<br />
No 90 No 88<br />
SITUATION<br />
Located close to the junction with Claremont Square<br />
within this attractive mixed residential/commercial area<br />
and amongst a number of local and speciality traders.<br />
Both King’s Cross and Angel Stations together with the<br />
multiple shopping facilities of Islington’s Upper Street and<br />
High Street are within close proximity and the area is well<br />
positioned for both the City and West End.<br />
PROPERTY<br />
Two adjoining terraced Grade II Listed buildings within the<br />
New River Conservation Area comprising<br />
8 Unmodernised Self-Contained Flats (some with<br />
original period features) planned on Lower Ground,<br />
Ground, First and Second Floors. In addition, one flat<br />
benefits from a separate front private entrance and the<br />
property includes a Rear Garden.<br />
© CROWN COPYRIGHT. All rights reserved. LICENCE NUMBER 100040809 – Plan not to scale<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD offered with FULL VACANT POSSESSION<br />
64<br />
8 Unmodernised<br />
Vacant Flats<br />
The Surveyors dealing with this property are<br />
STEVEN GROSSMAN and JONATHAN ROSS<br />
VENDOR’S SOLICITORS<br />
Islington Council Legal Department, Town Hall, Upper Street,<br />
London N1 2UD. Tel: 020 7527 3410. Ref: E Soetan Esq<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO <strong>AUCTION</strong>EERS<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
88/90 Amwell Street<br />
London EC1R 1UU<br />
LOT<br />
50<br />
Photograph taken July 2009<br />
ACCOMMODATION<br />
NO. 90:<br />
Lower Ground Floor<br />
2 Rooms, Kitchen, Bath/WC,<br />
Store Room plus access to<br />
pavement well and Vault<br />
GIA Approx 475 sq ft<br />
Ground Floor<br />
2 Rooms, Kitchen, Bath/WC,<br />
plus private entrance and gas<br />
c/h (not tested)<br />
GIA Approx 495 sq ft<br />
First Floor<br />
1 Room, Lounge/Kitchen, Bath/WC GIA Approx 385 sq ft<br />
Second Floor<br />
1 Room, Lounge/Kitchen, Bath/WC GIA Approx 415 sq ft<br />
Total GIA Approx 1,770 sq ft<br />
NO. 88:<br />
Lower Ground Floor<br />
1 Room, Lounge/Kitchen, Bath/WC,<br />
plus access to pavement well<br />
and Vault<br />
GIA Approx 295 sq ft<br />
Ground Floor<br />
1 Room, Lounge/Kitchen, Bath/WC GIA Approx 260 sq ft<br />
First Floor<br />
1 Room, Lounge/Kitchen, Bath/WC GIA Approx 310 sq ft<br />
Second Floor<br />
1 Room, Lounge/Kitchen, Bath/WC GIA Approx 325 sq ft<br />
Total GIA Approx 1,190 sq ft<br />
Grand Total GIA of Nos. 88 & 90 = 2,960 sq ft<br />
Note 1: It may be possible to create a separate front<br />
access to the lower ground floor flats with the<br />
addition of external staircases from pavement level,<br />
subject to obtaining the necessary consents.<br />
Note 3: The Special Conditions of Sale provide that<br />
the Purchaser is to pay an additional sum of 3.75% of<br />
the purchase price in respect of the Vendor’s costs.<br />
Note 2: There may be potential to convert the<br />
property into 2 separate houses and/or extend part of<br />
the property at the side and/or create extra living<br />
space in the roof, all subject to obtaining the<br />
necessary consents.<br />
65
LOT<br />
51<br />
175 Blythe Road, West Kensington<br />
London, W14 0HL<br />
Reserve Below<br />
£50,000<br />
Photograph taken August 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
In a popular residential area midway between<br />
Hammersmith & Shepherds Bush.<br />
PROPERTY<br />
A mid terrace property comprising 4 Self Contained Flats<br />
arranged over Lower Ground, Ground, First and Second<br />
floors.<br />
Note 1: In accordance with S.5B of the Landlord &<br />
Tenant Act 1987, Notices were served on the lessees<br />
and they have not reserved their rights of first refusal.<br />
This lot cannot be sold prior to auction.<br />
Note 2: Freeholder manages and insures. Current<br />
management fee £700 pa. Current sum insured<br />
£515,685. Current premium £1,245.87.<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCIES & ACCOMMODATION<br />
Property Lessee Term Ann. Excl. Rental Remarks<br />
No. 175 Blythe<br />
Road<br />
(4 Flats)<br />
Various<br />
Each 99 years from<br />
4th March 1983<br />
Each FRI by way of service charge.<br />
Rents rise to £350 pa in 2016 and £450 pa in 2049<br />
Valuable Reversion in approx 72 1 ⁄2 years.<br />
£250<br />
66<br />
£250 per annum with<br />
4 Valuable Reversions<br />
in Approx 72 1 ⁄2 Years<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and STEVEN GROSSMAN<br />
VENDOR’S SOLICITORS<br />
Macrory Ward, 27 Station Road, New Barnet, Herts EN5 1PW<br />
Tel: 020 8440 3258. Ref: Ms Martina Ward<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
52<br />
15 to 18 St Michaels Rise,<br />
Okehampton Crescent,<br />
Welling, Kent, DA16 1DF<br />
Reserve Below<br />
£25,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located close to the junction with Lyme Road within this<br />
residential area, only 1 mile from Welling town centre.<br />
Welling is a popular residential suburb lying some 11 miles<br />
south-east of Central London with good access via the<br />
A207.<br />
PROPERTY<br />
Forming part of a large purpose built block of flats<br />
comprising 4 Self Contained Flats and 4 Garages.<br />
TENANCIES & ACCOMMODATION<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
Note 1: In accordance with S.5B of the Landlord &<br />
Tenant Act 1987, Notices were served on the lessees<br />
and they have not reserved their rights of first refusal.<br />
This lot cannot be sold prior to auction.<br />
Note 2: Freeholder manages and insures. Current<br />
management Fee equivalent to 10% of gross<br />
expenditure. Current sum insured £328,111. Current<br />
premium £711.64.<br />
Property Lessee Term Ann. Excl. Rental Remarks<br />
Nos. 15 & 17<br />
Various<br />
Each 99 years from<br />
Each FRI by way of service charge.<br />
(2 Flats and 2 Garages)<br />
29th September 1965<br />
£31.50<br />
Valuable Reversions in approx 55 years.<br />
No. 16<br />
(1 Flat and 1 Garage)<br />
Individual<br />
99 years from<br />
29th September 2003<br />
£200<br />
FRI by way of service charge.<br />
Rent rises to £300 pa in 2028, £400 pa in<br />
2053 & £500 pa in 2078<br />
No. 18<br />
(1 Flat & 1 Garage)<br />
Individual<br />
125 years from<br />
29th September 2003<br />
£200<br />
£431.50<br />
rising to<br />
£631.50 pa<br />
in 2028<br />
FRI by way of service charge.<br />
Rent rises to £300 pa in 2028, £400 pa in<br />
2053 & £500 pa in 2078<br />
TOTAL<br />
£431.50 per annum<br />
with 2 Valuable<br />
Reversions in Approx<br />
55 Years<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Macrory Ward, 27 Station Road, New Barnet, Herts EN5 1PW<br />
Tel: 020 8440 3258. Ref: Ms Martina Ward<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
67
Photograph taken September 2009<br />
LOTS<br />
53 & 54<br />
Flats 21–24 & 13–16 Tivoli Gardens<br />
Windmill Street, Gravesend<br />
Kent, DA12 1LF<br />
6 WEEK COMPLETION<br />
To Be Offered As<br />
2 Separate Lots<br />
Lot 54 – Flats 13 to 16<br />
SITUATION<br />
Located close to the junction with Portland Road, Tivoli<br />
Gardens is accessed via stairs from Windmill Street and<br />
lies less than 1 mile from the town centre.<br />
Note 2: Freeholder manages and insures. Current<br />
management Fee £400 pa for each Lot. Current sum<br />
insured for Lots 53 and 54 combined is £704,497 and<br />
current combined premium £1,638.85.<br />
PROPERTIES<br />
Two blocks each comprising 4 Self Contained Flats<br />
arranged over Ground and First Floors. In addition, each<br />
block benefits from a Rear Garden.<br />
VAT is NOT payable in respect of these Lots.<br />
FREEHOLD<br />
Note 1: In accordance with S.5B of the Landlord & Tenant<br />
Act 1987, Notices were served on the lessees. In respect<br />
of Lot 53 (Flats 21–24) the lessees have reserved their<br />
rights of first refusal. In respect of Lot 54 (Flats 13–16)<br />
the lessees have not reserved their rights of first<br />
refusal. These lots cannot be sold prior to auction.<br />
Lot 53 – Flats 21 to 24<br />
TENANCIES & ACCOMMODATION<br />
Lot Property Lessee Term Ann. Excl. Rental Remarks<br />
Lot 53<br />
Reserve Below<br />
£30,000<br />
Lot 54<br />
Reserve Below<br />
£25,000<br />
Nos 21–24<br />
(4 Flats)<br />
Various<br />
Each 99 years from<br />
25th March 1976 £160<br />
Each FRI by way of service charge.<br />
Rents rise to £240 pa in 2042<br />
Valuable Reversions in approx 65 1 ⁄2 years<br />
Each FRI by way of service charge.<br />
Rents rise to £180 pa in 2042<br />
Valuable Reversions in approx 65 1 ⁄2 years<br />
FRI by way of service charge.<br />
Rent rises to £40 pa in 2032 and £60 pa in 2065<br />
Nos 13, 14 & 15<br />
(3 Flats)<br />
Various<br />
Each 99 years from<br />
25th March 1976<br />
£120<br />
No. 16<br />
(1 Flat)<br />
Individual<br />
99 years from<br />
30th June 1999 £20<br />
TOTAL £140<br />
68<br />
The Surveyors dealing with these properties are<br />
JOHN BARNETT and NICHOLAS BORD<br />
VENDOR’S SOLICITORS<br />
Macrory Ward, 27 Station Road, New Barnet, Herts EN5 1PW<br />
Tel: 020 8440 3258. Ref: Ms Martina Ward<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts
LOT<br />
55<br />
Foxlands Court, 543-559 (odd)<br />
Rainham Road South<br />
Dagenham, Essex, RM10 7TA<br />
Reserve Below<br />
£75,000<br />
Photograph taken September 2009<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located close to the junction with Foxlands Road and near<br />
to Dagenham East Underground Station (District Line).<br />
Dagenham enjoys excellent road access via the A13 being<br />
approx 12 miles east of Central London and 5 miles east of<br />
the 2012 Olympic Village.<br />
PROPERTY<br />
Forming part of a large purpose built block of flats<br />
comprising 9 Self Contained Flats and 1 Garage.<br />
TENANCIES & ACCOMMODATION<br />
£606.50 per annum with<br />
6 Valuable Reversions in<br />
Approx 50 1 ⁄2 Years<br />
The Surveyors dealing with this property are<br />
JOHN BARNETT and NICHOLAS BORD<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
Note 1: In accordance with S.5B of the Landlord &<br />
Tenant Act 1987, Notices were served on the lessees<br />
and they have not reserved their rights of first refusal.<br />
This lot cannot be sold prior to auction.<br />
Note 2: Freeholder manages and insures. Current<br />
management fee £945 pa. Current sum insured<br />
£498,465. Current premium £1,217.55.<br />
Property Lessee Term Ann. Excl. Rental Remarks<br />
Flats 543, 551,<br />
553, 555 & 557<br />
(5 Flats)<br />
Various<br />
Each 99 years from<br />
25th December 1960<br />
Each FRI by way of service charge.<br />
Valuable Reversions in approx 50 1 ⁄4 years.<br />
£51.50<br />
1 Garage London City Mission Trust 99 years from<br />
25th December 1960 £5<br />
Flats 547, 549 &<br />
559 (3 Flats)<br />
Flat 545<br />
(1 Flat)<br />
Various<br />
Each 99 years from<br />
25th March 1997 £300<br />
2 Individuals 99 years from<br />
25th December 2005<br />
TOTAL<br />
£250<br />
£606.50 rising<br />
to £1,006.50 pa<br />
in 2030<br />
FRI by way of service charge.<br />
Valuable Reversion in approx 50 1 ⁄4 years<br />
Each FRI by way of service charge.<br />
Rents rise to £600 pa in 2030 and £900 pa in 2063<br />
FRI by way of service charge.<br />
Rent rises to £350 pa in 2030, £450 pa in 2055 and<br />
£550 pa in 2080<br />
VENDOR’S SOLICITORS<br />
Macrory Ward, 27 Station Road, New Barnet, Herts EN5 1PW<br />
Tel: 020 8440 3258. Ref: Ms Martina Ward<br />
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £250 (including VAT) upon exchange of contracts<br />
69
1. INTERPRETATION<br />
The following expressions shall have the meanings assigned to them:<br />
1.1.1 ‘the Auctioneers’ means <strong>Barnett</strong> <strong>Ross</strong> of Northway House,<br />
1379 High Road, Whetstone, London, N20 9LP.<br />
1.1.2 ‘the Property’ means the property offered for sale by the<br />
Auctioneers as specified in this auction catalogue and/or the<br />
Special Conditions.<br />
1.1.3 ‘Particulars of the Property’ means those details of the Property<br />
contained in this auction catalogue whether under reference to<br />
its lot number at the auction or in the Special Conditions.<br />
1.1.4 ‘General Conditions’ means the General Conditions of Sale<br />
hereafter set out.<br />
1.1.5 ‘Special Conditions’ means the Special Conditions of Sale<br />
relating to the Property appearing in this auction catalogue<br />
and/or in any supplement, rider or addendum thereto.<br />
1.1.6 ‘Standard Conditions’ means the Standard Commercial Property<br />
Conditions (Second Edition).<br />
1.2 The Property is sold subject to both the General Conditions and the<br />
Special Conditions.<br />
1.3 The General Conditions incorporate the Standard Conditions so far as<br />
they are not varied hereby or inconsistent herewith. A copy of the<br />
Standard Conditions is available at the Auctioneers’ offices and at the<br />
Auction.<br />
1.4 Where there is a conflict between the General and Special Conditions<br />
the Special Conditions prevail except for all arrears per condition<br />
11.1.9.<br />
1.5 Each Buyer shall be deemed to purchase with full knowledge of the<br />
General Conditions and the Special Conditions and the matters set out<br />
in the Notice To All Bidders printed on the inside front cover of this<br />
auction catalogue.<br />
1.6 References to the singular include the plural jointly and severally,<br />
references to masculine include the feminine and vice versa and<br />
references to persons include companies, unincorporated associations,<br />
firms or partnerships and vice versa.<br />
1.7 References to a statute (statutory instrument) or statutory provision<br />
includes reference to that statute (statutory instrument) or statutory<br />
provision as from time to time amended, extended or re-enacted.<br />
2. STANDARD CONDITIONS<br />
2.1 The following Conditions shall not have effect:<br />
Conditions 1.5.1 and 1.5.2<br />
2.2 The following Standard Conditions shall be amended as follows:<br />
2.2.1 The deposit must be paid before exchange of the memorandum<br />
of contract.<br />
2.2.2 The words ‘or offer for sale as if bidding had not yet commenced<br />
for the sale of the said Lot’ are to be added to Condition 2.3.5<br />
after ‘undisputed bid’.<br />
2.2.3 Add to condition 2.3.6 The Deposit is to be held as Stakeholder if<br />
the Lot or any part of the Lot is registered for VAT, unless the<br />
Special Conditions of Sale and/or the Addendum state<br />
otherwise.<br />
2.2.4 Condition 2.3.6 is also to apply to a sale pre auction or post<br />
auction.<br />
2.2.5 Condition 2.3.7 after ‘breach’ add the words ‘and the buyer will<br />
be responsible for any loss, fees and expenses incurred by the<br />
seller’.<br />
2.2.6 Condition 8.1.1 Completion shall be 42 days from the date of the<br />
contract.<br />
3. THE <strong>AUCTION</strong><br />
3.1 Condition 2.3 of the Standard Conditions will apply as follows:<br />
3.1.1 The Property is offered for sale subject to a reserve price (unless<br />
otherwise stated)<br />
3.1.2 The Seller or a person on its behalf may bid up to but not<br />
including the reserve price.<br />
3.1.3 In the event of a Dispute, see Standard Condition 2.3.5 as<br />
amended in General Condition 2.2.2.<br />
3.2.1A Bidder shall be deemed to be personally liable on making an<br />
accepted bid even though he shall purport to act as agent for a<br />
principal or a limited company so that their liability under the<br />
agreement shall be joint and several. This is also to relate to sales prior<br />
and post Auction.<br />
3.2.2Any Agent or individual bidder/offeror wishing to be released from the<br />
liability under clause 3.2.1 may apply to the Auctioneers in advance of<br />
the sale. If the Vendor agrees, the Agent or individual bidder/offeror<br />
will be issued with a letter from the Auctioneers stating that his<br />
personal liability under clause 3.2.1 shall be waived in the event that his<br />
is the successful bid and such waiver will be evidenced by a copy of that<br />
letter being attached to the Memorandum of Contract.<br />
GENERAL CONDITIONS OF SALE<br />
APPLICABLE TO ALL LOTS<br />
3.3 On the Property being knocked down the successful bidder must upon<br />
being requested by the Auctioneers or the Auctioneers’ clerk give his<br />
name and address and the name and address of the person or<br />
company on whose behalf he has been bidding and any other<br />
particulars which the Auctioneers may reasonably request and in default<br />
the Auctioneers shall be entitled to re-submit the property for sale and<br />
to hold the Bidder liable for any loss whatsoever suffered by the Seller.<br />
3.4 The Auctioneers reserve the right to hold the Memorandum of<br />
Agreement signed by them on behalf of the Seller until the Buyer’s<br />
cheque for the deposit has been cleared.<br />
3.5 The Auctioneers reserve the right to regulate the bidding and the right<br />
(without assigning any reason therefor) in their sole absolute discretion<br />
to refuse to accept a bid.<br />
4. DEPOSIT<br />
4.1 A deposit of ten per cent (or whatever figure is provided for in the Special<br />
Conditions or Addendum) of the purchase price shall be paid to the<br />
Auctioneer as agent for the Seller but where the property is VAT registered<br />
this deposit and any VAT on it will be held as stakeholder, unless the<br />
Special Conditions of Sale and/or the Addendum state otherwise.<br />
4.2 The Bidder/Purchaser shall supply a cheque for the deposit which the<br />
Auctioneers will hold at their office. The Bidder will be given the<br />
Auctioneer’s bank account details and must arrange to transfer the<br />
deposit monies to the Auctioneer’s client bank account the following<br />
day by way of a same day CHAPS payment. Once these funds are<br />
received the Auctioneers will return the Bidder’s cheque by post.<br />
4.3.1In the event that any cheque given as the deposit (or part thereof) shall<br />
be dishonoured upon presentation or the Buyer fails to pay the deposit<br />
immediately on request then without notice the Seller shall if it so<br />
chooses have the right to deem the conduct of such Buyer as a<br />
repudiation of the agreement between the Buyer and the Seller and the<br />
Seller may resell without notice and/or take steps which may be<br />
available to it as a consequence of the Buyer’s breach but without<br />
prejudice to any claims it may have against the Buyer for breach of the<br />
agreement between the parties or otherwise.<br />
4.3.2In the event of the Auctioneers exchanging contracts over the<br />
telephone with a Purchaser’s solicitor whereby the deposit is to be paid<br />
by way of a CHAPS payment then in the event of the cleared funds not<br />
being received by <strong>Barnett</strong> <strong>Ross</strong> within 24 hours from the time of<br />
exchange the Vendors will similarly have the right to treat this as a<br />
repudiation of the agreement and can take such steps as in 4.3.1.<br />
4.4 Without prejudice to the generality of the Seller’s rights as aforesaid the Seller<br />
will additionally be entitled to recover from the Buyer the sum of £100.00 plus<br />
VAT to cover the costs incurred by the Auctioneers in representing each and<br />
every dishonoured cheque or presenting any replacement.<br />
4.5 The Buyer agrees that the interest earned on the deposit (if any) shall<br />
be applied for the benefit of the Auctioneers who shall be entitled to<br />
retain all such interest whether or not the purchase is completed.<br />
5. TITLE<br />
5.1 In the case of registered land title to the Property shall be deduced in<br />
accordance with Schedule 3 of the Land Registration Act 2002.<br />
5.2 In the case of unregistered land title to the Property shall be deduced<br />
in accordance with the Special Conditions.<br />
6. CAPACITY OF SELLER<br />
6.1 The Seller sells with Full Title Guarantee.<br />
7. INCUMBRANCES AFFECTING THE PROPERTY<br />
7.1 If the Property is registered at HM Land Registry the Property is sold<br />
subject to and with the benefit of all (if any) entries on the Land Register<br />
of the Title Number specified in the Special Conditions.<br />
7.2 If the Property is not registered at HM Land Registry the property is sold<br />
subject to and with the benefit of all those matters contained<br />
mentioned or referred to in the documents specified in the Special<br />
Conditions.<br />
7.3 A copy of either the Land Register and Filed Plan of the Title Number<br />
of the Property or the documents specified in the Special Conditions<br />
having been made available for inspection at the offices of the Seller’s<br />
Solicitors and/or the Auctioneers (or which may be supplied at the<br />
discretion of the Seller’s Solicitors or Auctioneers subject to payment of<br />
the proper copying charges) the Buyer shall be deemed to purchase<br />
with full knowledge of the contents thereof whether he has inspected<br />
the same or not and notwithstanding any incomplete or inaccurate<br />
statement thereof in the Special Conditions and shall raise no<br />
requisitions or objections with regard thereto.<br />
7.4 The Buyer shall raise no objection requisition or enquiry in respect of<br />
any rights covenants obligations easement quasi-easements privileges<br />
licences subsisting acquired or being acquired over under or in respect<br />
of the Property whether or not the same are disclosed to the Buyer. The<br />
Seller and the Auctioneers shall be under no liability to disclose the<br />
same whether or not the same are known to them.<br />
70
8. LOCAL LAND CHARGES AND PUBLIC RIGHTS<br />
8.1 The Property is sold subject to all matters registered or capable of<br />
being registered (whether registered or not) in any Local Land Charges<br />
Register and the requirements orders notices proposals demands and<br />
requests of any public or local authority which affect or relate to the<br />
Property whether arising before or after the date hereof and all financial<br />
and other restrictions liabilities and obligations arising therefrom.<br />
8.2 For the purposes of Section 6(2)(a) of the Law of Property<br />
(Miscellaneous Provisions) Act 1994 all matters recorded in registers<br />
open to public inspection are to be considered within the knowledge of<br />
the Buyer.<br />
8.3 The buyer acknowledges that notwithstanding any statement in the<br />
Special Conditions no representation warranty or condition is made or<br />
implied whether directly indirectly or collaterally as to:<br />
8.3.1 the permitted user of the Property under the Town and Country<br />
Planning Acts.<br />
8.3.2 the state or condition of the property or any part thereof.<br />
8.3.3 whether the Property is subject to road widening proposals and<br />
schemes.<br />
8.3.4 whether the Property is in an area designated for redevelopment.<br />
9. COMPLETION<br />
9.1 The completion date will be 42 days from the date hereof unless varied<br />
by the Special Conditions or Addendum.<br />
9.2 Completion will take place in accordance with Standard Condition 8.<br />
10. LEASEHOLD PROPERTY<br />
10.1 Condition 10 of the Standard Conditions shall apply.<br />
11. TENANCIES<br />
11.1 If the Special Conditions state that the Property is sold subject to and<br />
with the benefit of any tenancies leases or other occupancies:<br />
11.1.1 the only representation made or intended to be implied by or<br />
from the Special Conditions is that the amounts of rent stated are<br />
the rents actually payable or being paid by the tenants to the<br />
Seller.<br />
11.1.2 no representation is made that those rents are properly payable.<br />
11.1.3 no representation is made that any notices served were valid in<br />
proper form or properly served.<br />
11.1.4 the Seller shall not be required to furnish copies of any notices<br />
served by him or his predecessors in title.<br />
11.1.5 the Buyer shall be satisfied with such evidence or information of<br />
the terms of the tenancies as the Seller can supply whether such<br />
have been produced in writing or not.<br />
11.1.6 the Buyer will satisfy himself before bidding as to the correctness<br />
of all rents and other details of the tenancies leases or<br />
occupancies and no objection requisition or enquiry shall be<br />
made by the Buyer whether or not he has made such enquiries as<br />
to the correctness or otherwise of such rentals or that the same<br />
are not lawfully recoverable either in whole or in part and the<br />
Buyer shall not be entitled to refuse to complete or to demand<br />
compensation or damages or in any way make any claim or<br />
counterclaim or claim compensation on account of any of these<br />
matters.<br />
11.1.7 nothing shall be incorporated in any sale either directly indirectly<br />
or collaterally whether by way of condition warranty or<br />
representation as to whether in the case of a Property sold<br />
subject to any tenancy that there are subsisting any sub-tenancies<br />
or similar such occupations and whether or not any shall be<br />
disclosed at or before the Auction the Buyer shall be deemed to<br />
purchase with full knowledge of any such tenancies that there<br />
may be whether or not he shall have enquired of the Auctioneers<br />
or have inspected and no objection shall be taken or requisition<br />
made on account thereof.<br />
11.1.8 if at the date of completion there shall be due to the Seller any<br />
sums in respect of rent insurance premium or any other sums due<br />
from the tenants such sums shall be paid in full to the Seller by<br />
the Buyer and the Seller if required by the Buyer will assign to the<br />
Buyer the benefit of such sum or sums.<br />
11.1.9 the liability of the Buyer for arrears of rent shall extend only to the<br />
period of time commencing one clear quarter immediately prior<br />
to completion and in regards to insurance and/or service charge<br />
to one clear year prior to completion unless The Special<br />
Conditions and/or the Auctioneer’s Addendum contain<br />
particulars of the arrears and the periods to which they relate.<br />
12. FIXTURES AND FITTINGS<br />
12.1 Any fixtures and fittings subject to any lien or hire purchase loan or<br />
credit agreement are expressly excluded from the sale.<br />
12.2 The Seller makes no representation as to the ownership of any electric<br />
wiring, fittings, gas installation and fittings, and central heating<br />
installations which may be on hire or hire purchase from the supply<br />
companies. In such case the Seller accepts no liability for any payments<br />
that may be outstanding in respect thereof and the Property is sold<br />
subject thereto.<br />
13. MISREPRESENTATION<br />
13.1 The Buyer acknowledges that:<br />
13.1.1 no statement or representation which may previously have been<br />
made to him or any person concerned on his behalf by or on<br />
behalf of the Seller whether orally or in writing induced him to<br />
enter into this agreement.<br />
13.1.2 any such statement or representation as aforesaid does not form<br />
part of this agreement and<br />
13.1.3 any liability of the Seller in respect of any statement made to the<br />
Buyer at law or in equity is hereby excluded to the extent<br />
authorised by the Misrepresentation Act 1967.<br />
13.2 Any measurements given in the particulars of the Property or Special<br />
Conditions are approximate for guidance only and photographs or<br />
plans are for convenience only and each is excluded from the basis of<br />
this agreement.<br />
13.3 It is the Buyer’s responsibility to satisfy himself before making a bid as<br />
to the accuracy of the Particulars of the Property and the Special<br />
Conditions.<br />
14. VALUE ADDED TAX ‘VAT’<br />
14.1 Except where stated in the Special Conditions and/or in the Particulars<br />
and/or in the Addendum of the Lot:<br />
14.1.1 VAT will not be chargeable on the sale of the Property.<br />
14.1.2 the Seller warrants and undertakes to the Buyer that the Seller<br />
has not elected to waive VAT exemption in respect of the<br />
property nor has he notified HM Customs and Excise of any such<br />
election and will not do so prior to completion.<br />
14.2 Any obligation to pay any other sums of money pursuant to the<br />
provisions of the General Conditions or the Special Conditions includes<br />
an obligation to pay any VAT chargeable in respect of that payment.<br />
15. <strong>AUCTION</strong>EERS’ RIGHTS<br />
15.1 The Auctioneers act only as agents for the Seller and are not<br />
responsible for any default by the Seller or Buyer.<br />
15.2 The Auctioneers shall not be under liability financial or otherwise in<br />
respect of any of the matters arising out of the Particulars of the<br />
Property and the Special Conditions and any matters arising out of the<br />
auction.<br />
15.3 No claim shall be made by the Buyer against the Auctioneers in respect<br />
of any loss damage claims or demands suffered or received by the<br />
Buyer as a consequence of the Buyer acquiring or agreeing to acquire<br />
the Property.<br />
16. SALE BY PRIVATE TREATY<br />
16.1 The Seller reserves the right to sell the Property by private treaty before<br />
the auction.<br />
16.2 The Seller reserves the right to withdraw the Property from sale at any<br />
time prior to exchange of contracts.<br />
16.3 The Seller reserves the right to amend or add to the Particulars of the<br />
Property and the Special Conditions at any time prior to the auction.<br />
17. INSURANCE<br />
Please refer to Clause 7 of the Standard Commercial Property Conditions<br />
(Second Edition) as well as the Special Conditions of Sale relating thereto<br />
and/or the Addendum.<br />
18. GENERAL<br />
18.1 The provisions of this agreement – except insofar as they are fully<br />
satisfied on completion – shall not merge on completion but shall<br />
continue to subsist for so long as may be necessary to give effect<br />
thereto.<br />
18.2 Where the property sold forms part of a larger title the Assurance to the<br />
Buyer shall contain:<br />
18.2.1 an easement providing for the free flow of water soil gas<br />
electricity and other services from and to any adjoining land and<br />
premises belonging to the Seller through any sewers, drains,<br />
watercourses, pipes, wires, cables and conduits now existing in or<br />
under the said property or substituted therefore by the purchaser<br />
or its successors.<br />
18.2.2 a covenant by the Buyer with the Seller to contribute and pay a<br />
due proportion as apportioned by the Seller to the said property<br />
of the costs, charges and expenses of cleaning and lighting<br />
repairing and maintaining pavements yards and ways adjoining<br />
the said property, staircases, sewers, drains, pipes, wires, conduits<br />
and watercourses of the said property or any part thereof which<br />
may be used or enjoyed by the Purchaser and all other persons<br />
lawfully entitled thereto.<br />
18.2.3 The following exceptions and reservations ‘Except and reserving<br />
unto the Seller and its successors the right in common with the<br />
Buyer and all other persons lawfully entitled thereto to use all<br />
sewers, drains, pipes, wires, conduits and watercourses now in or<br />
upon the said property or any part thereof and freely to run and<br />
pass water, soil and electricity through and along the same or any<br />
of them AND excepting and reserving the right in common with<br />
the Buyer and all other persons lawfully entitled thereto to use<br />
the pavements, yards and ways adjoining the said property’.<br />
January 2009<br />
71
Brook Point, 1412 High Road, Whetstone, London N20 9BH<br />
Telephone: 020 8492 9449 Fax: 020 8492 7373<br />
RESULTS OF <strong>AUCTION</strong> HELD ON 14TH JULY 2009<br />
Lot Property Sale Available<br />
Price<br />
Price<br />
1 61 Church Lane, East Finchley, London N2 £205,000<br />
2 63 Church Lane, East Finchley, London N2 £111,000<br />
3 67 Church Lane, East Finchley, London N2 £193,000<br />
4 63 Chamberlayne Road, Kensal Rise, London NW10 £395,000<br />
5 Units B5 & B6, West 12 Studios, Askew Crescent,<br />
Shepherds Bush, London W12 £194,000<br />
6 6/8 Broadway, New Moston, Manchester Sold After<br />
7 Unit 3, Tyne Road, M1 Estate, Sandy, Bedfordshire Sold After<br />
8 Offices at 20 The Parade, Pagham, Bognor Regis,<br />
West Sussex<br />
Sold Prior<br />
Lot Property Sale Available<br />
Price<br />
Price<br />
30 16/18 Shenley Road, Borehamwood, Hertfordshire Sold Prior<br />
31 14 High Street, St Albans, Hertfordshire £283,000<br />
32 191 Tarring Road, Worthing, West Sussex £95,500<br />
33 61 Windmill Road, Croydon, Surrey Withdrawn Prior<br />
34 Superdrug Store, Forest Road , New Ollerton,<br />
Nottinghamshire £350,000<br />
35 81B Belsize Park Gardens & 24 Lambolle Place,<br />
Hampstead, London NW3 £600,000<br />
36 74 North Street, Romford, Essex £144,000<br />
37 139/141 Crow Lane, Henbury, Bristol £475,000<br />
9 Montague House, 17B High Street, Wealdstone,<br />
Middlesex £290,000<br />
10 Unit 1, Eleanor Cross Road, Waltham Cross,<br />
Hertfordshire £398,000<br />
11 Unit 2, Eleanor Cross Road, Waltham Cross,<br />
Hertfordshire £363,000<br />
12 Unit 3, Eleanor Cross Road, Waltham Cross,<br />
Hertfordshire<br />
88%<br />
Sale<br />
Sold Prior<br />
13 Unit 4, Eleanor Cross Road, Waltham Cross,<br />
Hertfordshire £392,000<br />
14 Unit 5, Eleanor Cross Road, Waltham Cross,<br />
Hertfordshire<br />
Sold Prior<br />
15 2/24 (Excl. 12 & 14) Calthorpe Street, Holborn,<br />
London WC1 £172,000<br />
16 245 Kentish Town Road, Kentish Town, London NW5 £560,000<br />
17 Plot 4, Maritime Industrial Estate, Pontypridd,<br />
Mid Glamorgan £54,000<br />
18 Plot 7, Maritime Industrial Estate, Pontypridd,<br />
Mid Glamorgan £27,000<br />
19 Unit 6, Eleanor Cross Road, Waltham Cross,<br />
Hertfordshire £780,000<br />
20 Units 3, 4 & 5, Cambrian Industrial Estate, Clydach Vale,<br />
Rhondda, Mid Glamorgan £899,000<br />
21 Odyssey House, 8/12 Whitton Road, Twickenham,<br />
Middlesex £591,000<br />
22 12 Colville Road, Acton, London W3 Sold Prior<br />
38 6 The Broadway, Forty Avenue, Wembley, Middlesex £281,000<br />
39 673/675/677 Kingstanding Road, Kingstanding,<br />
Birmingham, West Midlands £99,500<br />
40 361/361a Holloway Road, Holloway, London N7 £149,000<br />
41 15/17 Lansdowne Road, Bournemouth, Dorset £183,000<br />
42 205 Old Christchurch Road, Bournemouth, Dorset Sold After<br />
43 125 Hadlow Road, Willaston, Neston, Cheshire Refer<br />
44 1/1a Cliffe Crescent, Loftus, Saltburn, Cleveland Sold Prior<br />
45 Units 1, 2 & 3, 864 Garratt Lane, Tooting, London SW17 £104,000<br />
46 1219 Christchurch Road, Bournemouth, Dorset £75,000<br />
47 Ground Rents in Perry Barr & Great Barr, Birmingham,<br />
West Midlands £60,000<br />
48 Ground Rents in Hodge Hill, Erdington, Wednesfield &<br />
Longbridge, Birmingham £65,000<br />
49 200/202 Main Street, Billinge, Wigan, Lancashire £133,000<br />
50 18 High Street, Market Drayton, Shropshire £156,000<br />
51 12/14 The Green, Idle, Bradford, West Yorkshire Sold After<br />
52 10 The Green, Idle, Bradford, West Yorkshire £64,000<br />
53 80 Standish Street, St. Helens, Merseyside £9,000<br />
54 212/214 Oakleigh Road North, Whetstone, London N20 £159,000<br />
55 The Camden Public House, 55 Camden Street,<br />
Camden Town, London NW1<br />
Sold Prior<br />
23 36 Gowthorpe, Selby, North Yorkshire £725,000<br />
24 Ore Business Park, Farley Bank, Hastings, East Sussex Sold Prior<br />
25 680 Great Cambridge Road, Enfield, Middlesex £2,100,000<br />
26 419 Nottingham Road, Basford, Nottinghamshire Sold After<br />
27 51 Bridge Street, Pinner, Middlesex Sold Prior<br />
28 488-500 Knutsford Road, Warrington, Cheshire £274,500<br />
56 112 Woodbury Avenue, Winchmore Hill, London N21 Sold Prior<br />
57 26 Arlington Way, Finsbury, London EC1 £419,000<br />
58 1 to 45 Harkness Close, Romford, Essex £226,000<br />
59 17/45 Wordsworth Close & 23/51 Thackeray Close,<br />
Royston, Hertfordshire £162,000<br />
60 230-300 (even) Coronation Court, Coronation Avenue,<br />
East Tilbury, Essex £206,000<br />
29 19 Corringham Road, Stanford-le-Hope, Essex Withdrawn Prior<br />
72<br />
58 Lots Offered – 51 Lots Sold – Total Raised £14,548,000
MEMORANDUM<br />
<strong>AUCTION</strong> 19TH OCTOBER 2009<br />
LOT<br />
Date ..........................................................................<br />
Property ...................................................................................................................................................................................................................................................................................................................<br />
................................................................................................................................................................................................................................................................................................................................................<br />
Vendor ........................................................................................................................................................................................................................................................................................................................<br />
Purchaser .................................................................................................................................................................................................................................................................................................................<br />
Address .....................................................................................................................................................................................................................................................................................................................<br />
................................................................................................................................................................................................................................................................................................................................................<br />
Post Code .................................................................................................................................. Telephone ..........................................................................................................................................<br />
Purchase Price (excluding any VAT) £<br />
Deposit (subject to bank clearance) £<br />
Balance due on Completion £<br />
The Vendor agrees to sell and the Purchaser agrees to buy the Lot for the Price.<br />
This Agreement is subject to the Conditions of Sale so far as they apply to the Lot.<br />
We confirm this sale and receipt of the Deposit.<br />
Signed by or on behalf of the Purchaser ............................................................................................................................................................................................................................<br />
Signed by the Auctioneers on behalf of the Vendor ............................................................................................................................................................................................<br />
The Purchaser’s Solicitors are ...................................................................................................................................................................................................................................<br />
...................................................................................................................................................................................................................................<br />
...................................................................................................................................................................................................................................<br />
Telephone ......................................................................... Reference .........................................................................................<br />
If signing on behalf of the Purchaser, please complete the following:<br />
Name of Bidder .................................................................................................................................................................................................................................................................................................<br />
Address .......................................................................................................................................................................................................................................................................................................................<br />
................................................................................................................................................................................................................................................................................................................................................<br />
Telephone ................................................................................................................................... Capacity ................................................................................................................................................
Wyndham Street<br />
Upper Montague Street<br />
Following Auction – Thursday 10th December 2009<br />
To enter your lots, please contact:<br />
John <strong>Barnett</strong> FRICS<br />
Jonathan <strong>Ross</strong> MRICS<br />
Steven Grossman MRICS<br />
Matthew Berger BA (Hons)<br />
Nicholas Bord BSc (Hons)<br />
Greg Corin BSc (Hons)<br />
MARYLEBONE ROAD<br />
Baker<br />
Street<br />
Edgware<br />
Road<br />
Chapel St<br />
Old Maryle<br />
bone Road<br />
SEYMOUR PLACE<br />
Enford Street<br />
York Street<br />
Crawford Street<br />
Bryanston<br />
Place<br />
Montague Place<br />
GLOUCESTER PLACE<br />
Bickenhall Street<br />
YORK STREET<br />
Rodma. St<br />
Paddington<br />
Dorset<br />
BAKER<br />
Street<br />
Street<br />
Radisson<br />
SAS Portman<br />
Ho tel<br />
EDGWARE ROAD<br />
Square<br />
Bryanston<br />
Square<br />
Montague<br />
STREET<br />
Street<br />
Gt Cumberland<br />
George Street<br />
Montague Street<br />
Upper Berkeley Street<br />
Street<br />
Seymour Street<br />
Bryanston Street<br />
MARBLE ARCH<br />
Marble<br />
Arch<br />
Portman Close<br />
PORTMAN<br />
SQUARE WIGMORE STREET<br />
Portman Mansions<br />
Manchester<br />
Square<br />
OXFORD STREET<br />
Duke St<br />
Bond<br />
Street<br />
VENUE<br />
The Radisson SAS Portman Hotel<br />
22 Portman Square<br />
London W1H 7BG<br />
Brook Point, 1412 High Road, Whetstone, London N20 9BH<br />
Telephone: 020 8492 9449 Fax: 020 8492 7373<br />
Email: info@barnettross.co.uk Website: www.barnettross.co.uk