T 020 7871 0420 | E auctions@networkauctions.co.uk

networkauctions

NA_FEB-2016-London-Birmingham

WATERY LANE

A4540 WATERY LANE

ARTHUR ROAD

HERBERT ROAD

VENETIA ROAD

TILTON ROAD

VENUE LOCATIONS

Heathrow Express

at Paddington Station

3 /4 mile

Grosvenor House hotel

86-90 Park Lane. London W1K 7TN

birmingham city football club

st andrew’s stadium, birmingham b9 4nh

E D G W A R E R O A D

To M6

N E W B O N D S T R E E T

GARRISON LANE

ST. ANDREW’S STREET

A45 TO DIGBETH HIGH STREET

G R E E N S T

BIRMINGHAM CITY

FOOTBALL CLUB

W O O D S M E W S

UPPER B R OOK S T

C ULROSS S T

UPPER GROSVENOR S T

P A R K S T R E E T

A4540 HIGHGATE MIDDLEWAY

COVENTRY ROAD

COVENTRY ROAD

CATTELL ROAD

TO NEC M42 (J6)

M1, M45 & M40

A45 SMALL HEATH HIGHWAY

Grosvenor House Hotel is located in

Central London’s elegant Mayfair district, on

world-famous Park Lane overlooking Hyde Park.

This 5-star hotel was first opened in 1929. It was meticulously

restored to the highest standard before reopening as a JW Marriott

hotel in 2008, and retains many historic touches, including the original

Lutyens wrought-iron gates that lead into our elegant forecourt.

Directions

The hotel is approximately Midway between Marble Arch

& Hyde Park Corner. The main entrance, however is on Park

Street (between upper Grosvenor Street and Mount Street)

which runs parallel to Park Lane in a one way direction

towards Oxford Street.

Nearest tube station:

Marble Arch

www.marriott.co.uk

Birmingham City Football Club is located

just outside the city centre and just off the

A4540 Inner Circle ring road.

St Andrews Stadium has been the home of Birmingham

City Football Club since 1906 and is a well-known Birmingham

landmark. The Legends Lounge is a smart and comfortable

venue and has been home to our auction saleroom since 2004.

Directions

Birmingham City Football Club is located a mile and a

half from Birmingham city centre and is easily accessible from

all major road routes and motorway networks. There is

ample free parking in the club’s car park right outside the

main entrance.

Nearest train stations:

Birmingham New Street / Birmingham Moor Street

www.bcfc.com

For more information on either auction date/venue, please contact us:

T 020 7871 0420 | E auctions@networkauctions.co.uk

www.networkauctions.co.uk


www.networkauctions.co.uk

introducing THE AUCTION TEAM

Toby Limbrick

tl@networkauctions.co.uk

Stuart Tullah

stuart.tullah@pennycuick.co.uk

Guy Charrison

gc@networkauctions.co.uk

Stuart Elliott

se@networkauctions.co.uk

Emma Brooks

emma.brooks@pennycuick.co.uk

Penny Nichol

pn@networkauctions.co.uk

Richard Worrall

rw@networkauctions.co.uk

Sam Moxon

sam.moxon@pennycuick.co.uk

Mark Limebear

ml@networkauctions.co.uk

Mike Day

pr@networkauctions.co.uk

Energy

COMMERCIAL & DOMESTIC EPCs

NATIONWIDE COVERAGE

IMMEDIATE RESPONSE

For quotes contact us:

0207 871 0420

auction@networkauctions.co.uk

Domestic EPCs

from £40 +VAT

Commercial EPCs

from £95 +VAT

1


ORDER OF SALE: day one, LONDON

THURSDAY 25 february 2016 at 2:00 pm

Grosvenor House hotel, 86-90 Park Lane, London W1K 7TN

LOT ADDRESS LOT ADDRESS LOT ADDRESS

1 14 Cherry Holt, Newark,

Nottinghamshire, NG24 4LA

2 256 Hill Street, Hilperton,

Trowbridge, Wiltshire, BA14 7RS

3 19 Souther Cross, Good Easter,

Chelmsford, Essex, CM1 4RX

4 24 Middle Way, Watford,

Hertfordshire, WD24 6HL

5 1-5 King Street, Thetford,

Norfolk, IP24 2AN

6 Oak Tree House, Pentre Road,

Halkyn, Holywell, Clwyd, CH8 8BS

7 Flat 4, 146 Fellows Road,

Belsize Park, London, NW3 3JH

8 Flat 8 Castle Chambers,

147 Union Street, Torquay,

Devon, TQ1 4BT

9 Flat 6 Castle Chambers,

147 Union Street, Torquay,

Devon, TQ1 4BT

10 Flats 1-10, 21 South Terrace,

Littlehampton, West Sussex,

BN17 5PA

11 21 A, B & C South Terrace,

Littlehampton, West Sussex,

BN17 5PA

12 1 Windsor Street, Treherbert,

Mid Glamorgan, CF42 5LH

13 17 Windsor Street, Treherbert,

Mid Glamorgan, CF42 5LH

14 25 Windsor Street, Treherbert,

Mid Glamorgan, CF42 5LH

15 6 Dane Street, Liverpool,

Merseyside, L4 4DZ

16 Fountain Court, Fore Street,

Bovey Tracey, Newton Abbot,

Devon, TQ13 9AD

17 Flat 3, 3 Queen Square, Brighton,

East Sussex, BN1 3FD

18 Basement Flat, 3 Queen Square,

Brighton, East Sussex, BN1 3FD

19 Annexe to the rear of 7 Padeswood

Road, Buckley, Clwyd, CH7 2JL

20 130 Redwood Estate, Hounslow,

Middlesex, TW5 9PP

21 9 Purley Avenue, Swindon,

Wiltshire, SN3 2DS

22 9A Purley Avenue, Swindon,

Wiltshire, SN3 2DS

23 60 Hallam Moor, Swindon,

Wiltshire, SN3 6LS

24 27 Purewell, Christchurch,

Dorset, BH23 1EH

25 133 Richmond Avenue,

Shoeburyness, Southend-on-Sea,

Essex, SS3 9LF

26 10 & 11 Usk Close and 265 &

267 Ingram Road, Walsall, West

Midlands, WS3 1LF

27 The Old Telephone Exchange,

6 School Lane, Stewkley, Leighton

Buzzard, Bedfordshire, LU7 0HL

28 53-67 Queensway, Bletchley,

Milton Keynes, Buckinghamshire,

MK2 2DR

29 Flats 1 - 8, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

30 770 Fishponds Road, Fishponds,

Bristol, Avon, BS16 3UA

31 Avon House, 6 Priory Road,

Torquay, Devon, TQ1 4NY

32 Flat 14 Heathcliffe Court,

Redhills Road, Arnside, Carnforth,

Lancashire, LA5 0AT

33 4 Bank Street, St. Columb,

Cornwall, TR9 6AU

34 Pilgrim Cottage, 17 Church Street,

Modbury, Ivybridge, Devon,

PL21 0QP

35 Plot 48, Phase 1 Rocklands Lane,

Hastings, East Sussex, TN35 5NS

36 Plot 32, Ashurst Road, Ashurst,

Tunbridge Wells, Kent, TN3 9TE

37 12 The Avenue, Welwyn,

Hertfordshire, AL6 0PW

38 32 Clare Hill, Esher, Surrey,

KT10 9NB

39 Strathmore Apartments,

Scarborough Road, Torquay,

Devon, TQ2 5UG

40 The Wolverton Arms,

141 West Street, Crewe,

Cheshire, CW1 3HH

41 Plot 98 Priory Road, Winkfield,

Ascot, Berkshire, SL5 8RP

42 Plot 45 Calcutt Farm, Calcutt,

Swindon, Wiltshire, SN6 6JR

43 Plot 46 Calcutt Farm, Calcutt,

Swindon, Wiltshire, SN6 6JR

44 Plot 124 High Road, Little Downham,

Ely, Cambridgeshire, CB6 2DU

45 Plot 125 High Road, Little Downham,

Ely, Cambridgeshire, CB6 2DU

46 3 Burford Road, Evesham,

Worcestershire, WR11 3AF

47 16 Winner Street, Paignton,

Devon, TQ3 3BJ

48 8 Gainsborough Road,

New Malden, Surrey, KT3 5NU

49 Flat 1, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

50 Flat 2, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

51 Flat 3, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

52 Flat 4, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

53 Flat 5, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

54 Flat 6, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

55 Flat 7, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

56 Flat 8, 16 St. Catherines Road,

Littlehampton, West Sussex,

BN17 5HS

57 Plot 98 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

58 Plot 99 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

59 Plot 100 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

60 Plot 101 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

61 Land to the north of Glasgow Road,

Kirkintilloch, Glasgow, Lanarkshire,

G66 1AF

62 Streamside Bungalow,

Church Road, Eardisley, Hereford,

Herefordshire, HR3 6NJ

2


www.networkauctions.co.uk

ORDER OF SALE: day one, LONDON (Cont.d.)

THURSDAY 25 february 2016 at 2:00 pm

Grosvenor House hotel, 86-90 Park Lane, London W1K 7TN

LOT ADDRESS LOT ADDRESS LOT ADDRESS

63 Midge Hole Mill, County Brook Lane,

Foulridge, Colne, Lancashire,

BB8 7LS

64 Roof Space, 82A Holloway Road,

London, N7 8JG

65 Plot 296 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

66 Plot 297 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

67 Plot 298 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

68 Plot 259 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

69 Plot 260 Paddlesworth Lane,

Hawkinge, Folkestone, Kent,

CT18 7AH

70 114 Richmond Road, South Shields,

Tyne and Wear, NE34 0QQ

71 66 Bradley Close, Ouston,

Chester Le Street, County Durham,

DH2 1TJ

72 Site Between 46 & 52 Madeira Road,

Ventnor, Isle of Wight, PO38 1QS

73 Land at The Friars, King’s Lynn,

Norfolk, PE30 5AH

74 14 Thistledown, Walmer, Deal,

Kent, CT14 7XE

75 102 Station Road,

Burnham-on-Crouch, Essex,

CM0 8HR

76 1D Queens Road,

Burnham-on-Crouch, Essex,

CM0 8DY

77 169 Wilkinson Way,

Chiswick, London, W4 5XF

78 13 Bradman Way, Stevenage,

Hertfordshire, SG1 5RE

79 7 College Road, Kensal Green,

London, NW10 5EL

80 118 Langthorne Road, Leytonstone,

London, E11 4HR

81 15 Heatherfields, Broughton Moor,

Maryport, Cumbria, CA15 7RN

82 9 Cradock Road, Sheffield,

South Yorkshire, S2 2JW

83 117 Hatfield Road, St. Albans,

Hertfordshire, AL1 4JS

84 101 Dagnam Road, Sheffield,

South Yorkshire, S2 2LB

85 66 Lyndhurst Gardens, Enfield,

Middlesex, EN1 2AP

ORDER OF SALE: day TWO, BIRMINGHAM

wednesday 2 MARCH 2016 at 11:00 am

birmingham city football club, st andrew’s stadium, birmingham b9 4nh

LOT ADDRESS LOT ADDRESS LOT ADDRESS

101 Apartment 25 Bromford Gardens,

2 Westfield Road, Edgbaston,

Birmingham B15 3XD

102 574 Kingstanding Road,

Kingstanding, Birmingham

B44 9SD

103 60 & 203 Pennine Road,

Bromsgrove, Worcestershire

B61 0TE

104 93, 107 & 115 Pennine Road,

Bromsgrove, Worcestershire

B61 0TG

105 9 Pereira Road, Harborne,

Birmingham B17 9JG

106 8 West Street, Stourbridge,

West Midlands DY8 1XN

107 3 Regan House, Charlecott Close,

Moseley, Birmingham B13 0DE

108 44 Valley Road, Lye, Stourbridge,

West Midlands DY9 8JE

109 Montana, 15 Boscobel Road,

Great Barr, Birmingham B43 6BB

110 31 Occupation Street, Dudley,

West Midlands DY1 2RF

111 Garages at Dean’s Road,

Wolverhampton WV1 2BH

112 162-166 Yardley Road,

Acocks Green, Birmingham

B27 6LR

113 105 Sheldonfield Road, Sheldon,

Birmingham B26 3RP

114 Driveway and Land adjacent to

141 Lordswood Road, Harborne,

Birmingham B17 9BL

115 49 John Street, Wordsley,

Stourbridge, West Midlands

DY8 5YS

116 60 Daisy Street, Bilston,

Wolverhampton WV14 8QQ

117 27 Woodlands Road, Sparkhill,

Birmingham B11 4EH

118 401A Warwick Road,

Tyseley, Birmingham B11 2JR

119 401B Warwick Road,

Tyseley, Birmingham B11 2JR

120 405A Warwick Road,

Tyseley, Birmingham B11 2JR

121 409A Warwick Road,

Tyseley, Birmingham B11 2JR

122 31 Attwood Street, Halesowen,

West Midlands B63 3UE

123 151 Rolfe Street, Smethwick,

West Midlands B66 2AU

3


IMPORTANT NOTES FOR AUCTION BIDDERS

These notes and the Conditions of Sale of each lot are available at the auctioneers’

office. Prospective buyers and their legal advisors should read them carefully. Both the

auctioneers and their seller clients have taken all reasonable steps to ensure that the

properties in this catalogue are fairly described and that every opportunity has been

given to enable prospective buyers to make the necessary enquiries and investigations

prior to the auction. Details of the seller’s solicitors are available upon request.

Deposit:

At auction the fall of the gavel creates a

binding contract and we, as auctioneers,

immediately require a deposit of 10% of the

purchase price (subject to a minimum of

£2,500). This deposit can be paid by cheque,

banker’s draft or debit card. Payments by

credit card or cash cannot be accepted

Telephone, Proxy and Internet Bidding:

We are pleased to be able to offer remote

bidding to anyone who is unable to attend

the saleroom. Remote bidding can be by

telephone, proxy and at our London saleroom

by internet. Please download and complete

the remote bidding form that is available on

our website. Please note this form must be

delivered to our office no later than twenty

four hours prior to the auction and must be

accompanied by identification documents,

the 10% deposit and the auctioneers’

administration fee.

Prior Sales & Withdrawn Lots:

Prospective buyers should contact us prior to

the auction to confirm whether a lot has been

sold or withdrawn. We and our clients shall not

be responsible for any losses or abortive costs

incurred by prospective buyers against lots

that are withdrawn or sold prior to the auction.

Definition of ‘Guide Price’ &

‘Reserve Price’:

A guide price is an indication of the seller’s

current minimum acceptable sale price. The

guide price, or range of guide prices, is given

to assist interested parties in deciding whether

or not to pursue their interest. It is usual, but

not always the case, that a provisional reserve

price is set by the seller prior to the catalogue

being published. As the reserve price may not

be fixed at this stage, and can be adjusted by

the seller at any time prior to auction, a guide

price is published. This guide price can be

shown as a range of prices above which the

reserve price will not be set, or as a single

figure within 10% of which the reserve price will

be set. Both the guide price and reserve price

can be subject to change at any time prior to

the auction commencing.

A reserve price is the minimum price at which

the seller allows the auctioneers to sell the lot

at. It remains confidential between the seller

and the auctioneers.

Particulars of Sale:

Bidders should check the particulars relating to

any lot for which they intend to bid and ensure

that they are satisfied with the accuracy of all

measurements, areas, details, leases and other

matters referred to in the particulars of the lot

or the conditions of sale and all other matters

subject to which the properties are sold or

have the benefit of. Bidders should check that

any contents, fixtures or fittings described as

included in the sale and are the property of the

seller. This should be done by inspecting the

property and by making the necessary enquiries

with the auctioneers, the seller or the sellers’

solicitors. Bidders should make all necessary

searches and enquiries of appropriate bodies

including local authorities and service providers.

All measurements and areas referred to in

the particulars are approximate. Bidders will

be considered to have inspected the relevant

property and have made all necessary and

appropriate enquiries and searches.

Sale of Property & Completion:

Bidders should note that a legally enforceable

contract of sale of the relevant property on the

terms set out in these notices and the general

and special conditions of sale is created

as soon as it has been ‘knocked down’ to

the bidder by the auctioneer. Completion is

required twenty working days after the auction

date, unless specified otherwise.

Administration Charge:

An administration charge of £750 + vat

applies to each lot. This is paid by the buyer

in the saleroom immediately after the lot

has been ‘knocked down’. In the event of

non-payment of the administration charge a

deduction of £750 + vat will be made from the

buyer’s deposit and this will need to be ‘made

up’ by the buyer prior to completion.

Legal Documents & Additional Costs:

It is essential that bidders check the legal

documents prior to bidding and take

professional advice. Special conditions of sale

can contain additional costs (that is costs over

and above the price that the lot is ‘knocked

down’ at) and bidders are deemed to be

aware of any additional costs prior to bidding.

Rents, Information Regarding Tenants &

Price Estimates:

Any estimates provided by the auctioneers

regarding the price at which a property may

be sold cannot be accepted by a buyer as

advice or any form of valuation. Any estimates

or suggestions given by the auctioneers

regarding current or future rental prices must

not be relied upon as a valuation, but merely

as estimates for guidance purpose only.

Addendum & Auctioneer’s

Announcements:

Amendments to the catalogue particulars

or conditions of sale (addendum) will be

displayed in the saleroom and will be read by

the Auctioneer at the commencement of the

auction. Addendum form part of the contract

of sale and the addendum sheet may have to

be signed by the buyer. Bidders are deemed

to be aware of any addendum and any other

announcements made by the Auctioneer,

and bid subject to these. It is important

therefore to arrive at the saleroom prior to the

commencement of the auction.

NA_EiG Internet Viewing_NA_EiG Internet Viewing 31/05/2011 17:09 Page 1

Internet Viewing - Additional Auction Service - Internet Viewing

Visit www.eigroup.co.uk and select ‘Online Auctions’.

Choose the auction and then ‘Viewing Gallery’.

You will then see details of the lot being offered and can

watch the bidding as it happens.

It is not possible to bid using this service.

The Essential Information Group Ltd Tel: 0870 112 30 40

4


www.networkauctions.co.uk

IDENTIFICATION DOCUMENTS

Important Notice

Money Laundering Regulations 2003 came into effect on the 1st March 2004.

As a requirement under this legislation,

any person buying or bidding at auction,

MUST produce documentation to

confirm their name and residential

address. Please find below a schedule

of acceptable documentation.

You must provide one document

from each list.

Please note that a driving licence can be

used as evidence for one or the other

BUT NOT BOTH.

Identity Documents

• Current signed Passport

• Current full UK Photo Card

Driving Licence

• Current full UK Driving Licence

(old version) (Provisional driving

licence will not be accepted)

• Resident Permit issued by the Home

Office to EU Nationals

• Inland Revenue Tax Notification

• Firearms Certificate

Evidence of Address

• Local Authority tax bill (current year)

• A utility bill issued within the last

3 months

• Current full UK Driving Licence

(old version) (Provisional driving

licence will not be accepted)

• Bank Building Society or Credit

Union Statement

• Most recent original mortgage

statement from a UK lender

pre-auction offers

Pre-auction offers must be submitted in writing to the Auctioneers’ office by letter or e.mail, including name, address, telephone number and

details of solicitors. Any pre-auction offer received is assumed to be a ‘best offer’ and no guarantee is given that there will be an opportunity

to increase or review the offer should it not be accepted or should a better offer be received. Pre-auction offers can only be considered

on the basis of an exchange of contracts prior to auction with a 10% deposit and payment of the auctioneers’ administration fee. If an offer

is accepted the lot will not be withdrawn from the catalogue or advertising programme until exchange of contracts has taken place.

catalogue mailing list

Printed Catalogues

Printed catalogues are available for each auction. We charge £15.00 plus VAT

for a 12 month subscription, catalogues are sent by first class post.

To join the mailing list please complete the attached form and return it to us

with your cheque for £18.00 made payable to Network Auctions Ltd.

Title (Mr / Mrs / Ms) ........................................................................................................

First Name..................................................................................................................

Surname......................................................................................................................

Address ......................................................................................................................

Email

Email subscribers receive every

catalogue, notification of changes to

price guides and details of properties

that may be available prior to or

outside auction. This service is free

of charge, register at

www.networkauctions.co.uk

Website

A PDF of the catalogue can be

downloaded in full from the Network

Auctions website approximately

3 weeks prior to the auction.

This service is free of charge.

.....................................................................................................................................

Tel No..........................................................................................................................

Mobile.........................................................................................................................

133 The Parade, Watford,

Hertfordshire WD17 1NA

5


LOT

1

NEWARK

14 CHERRY HOLT, NOTTINGHAMSHIRE, NG24 4LA

GUIDE PRICE:

£50,000 - £60,000

A 3 bedroom freehold house requiring

complete modernisation, vacant.

Description/Location:

The property is situated in an established residential location

with gardens to the front and rear, there is potential to create a

cross over and driveway for parking utilising the front garden

subject to the usual consents.

Accommodation:

Ground Floor: Entrance hall, living room, kitchen.

First Floor: Landing, 3 bedrooms, bathroom.

Outside: Gardens front and rear.

Tenure:

Freehold with vacant possession.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Newark and Sherwood District Council

01636 650000 www.newark-sherwooddc.gov.uk

AUCTION FINANCE MADE SIMPLE

Fast Short Term Loans

Flexible Terms & Rates From 0.59% Per Month

Access to Over 75 Short Term Lenders

Funds Drawn in as Little as 3 Days

Retained, Services or Rolled up Interest

No Upfront Fees

Contact us prior to the auction

for free advise on your

borrowing options

ask@totumfinance.com

0845 519 6043

Totum Finance Limited (FRN: 717548) are Credit Brokers and are Appointed Representatives of White Rose Finance Group Ltd

(FRN: 630772) Authorised and Regulated by the Financial Conduct Authority.

PLEASE MAKE BORROWING DECISIONS CAREFULLY, PROPERTY OR OTHER ASSETS OFFERED AS SECURITY MAY BE AT RISK IF YOU CANNOT KEEP UP WITH REPAYMENTS.

6

Totum-Advert.indd 2 15/01/2016 14:52

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

2

TROWBRIDGE

256 HILL STREET, HILPERTON, WILTSHIRE, BA14 7RS

GUIDE PRICE:

£139,000+

An attractive, 1 bedroom detached cottage

requiring refurbishment, development

potential, vacant.

Description/Location:

The property is situated in a popular village location, Trowbridge

Station 1.6 miles. The property requires refurbishment and

modernisation, a structural engineers report dated 26/11/2015 is

available on request. The property provides potential for extension

subject to planning consent.

Accommodation:

Ground Floor: Entrance hall, living room, dining room, kitchen.

First Floor: Bedroom, bathroom.

Outside: Gardens front and rear.

Energy Rating: G/17

Tenure:

Freehold, vacant possession.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Wiltshire Council

01225 713000 www.wiltshire.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

7


LOT

3

CHELMSFORD

19 SOUTHER CROSS, GOOD EASTER, ESSEX, CM1 4RX

GUIDE PRICE:

£199,000+

A 2 bedroom freehold house requiring

refurbishment, vacant.

Description/Location:

The property is situated in a sought after village and provides attractive

views across farmland to the rear. The house would benefit from

refurbishment and provides potential for extension subject to the usual

consents.

Accommodation:

Ground Floor; Entrance hall and cloakroom / wc, living room, kitchen.

First Floor: Landing, 2 double bedrooms, bathroom.

Outside: Front garden and parking, rear garden 110ft.

Energy Rating: D/61

Tenure:

Freehold with vacant possession.

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Chelmsford City Council

01245 606606 www.chelmsford.gov.uk

8

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

4

WATFORD

24 MIDDLE WAY, HERTFORDSHIRE, WD24 6HL

GUIDE PRICE:

£325,000+

Current Rental Value: £12,240 pa

Estimated Rental Value: £15,600 pa

A spacious 3 bedroom, freehold terraced house

with off street parking requiring cosmetic

refurbishment.

Description/Location:

The property is ideally situated in north Watford, Watford North Station

0.5 miles, Watford Junction 1 mile. The flexible accommodation

includes 2 reception rooms and 3 good sized bedrooms with gas

heating via radiators and double glazed windows.

The house is let on an AST for 2 years from 21/06/2011 (now periodic)

producing £1020 pcm, we estimate the current rental value is £1300

pcm.

Accommodation:

Ground Floor: Entrance hall with stairs to first floor, sitting room, dining

room, kitchen.

First Floor: Landing with loft access, 3 good sized bedrooms,

bathroom.

Outside: Front garden laid to hard standing for off street parking, rear

garden approximately 50ft depth.

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Watford Borough Council

01923 226400 www.watford.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

9


LOT

5

THETFORD

1-5 KING STREET, NORFOLK, IP24 2AN

GUIDE PRICE:

£1,125,000+

Current Rental Value: £116,864 pa

Commercial investment comprising a block of

2 ground floor retail units with 4 flats above

Description/Location:

Well situated in the town centre opposite Superdrug, Subway, Halifax

and Costa Coffee. The property comprises a block of 2 ground floor

retail units with ancillary first floor accommodation and 4 residential

flats above. There is a service road running behind King Street which

provides loading to both the retail units and access to the residential

upper parts.

Floor Accommodation Current

Rent

Unit 1, 1-5

King Street

Unit 2, 1-5

King Street

Flats 1-4

Ground floor retail unit with ancillary first floor

accommodation. Total 4425 sq/ft (source RICS report).

ITZA 942 sq/ft

Ground floor retail unit with ancillary first floor

accommodation. Total 5494 sq/ft (source RICS report).

ITZA 944 sq/ft

4 x 1 bedroom flats, each comprising living room, kitchen,

double bedroom, bathroom

£46,500

p.a.

£60,000

p.a

£10,364

p.a

Start date and term of lease

Let to Genus UK Ltd (trading as Select) on a 22 year F.R.I.

lease from 24th June 2000. Rent reviews every 5th year

from 2007.

Let to Peacock Stores Ltd on a 25 year F.R.I. lease from

24th June 1997. Rent reviews every 5 years

Let to Peddars Way Housing Association on a 25 year F.R.I.

lease from 24th June 1997. Rent review yearly.

Tenure:

Freehold

To View:

Please contact Fairview International Network Auctions on 0203 011 0177

Local Authority:

Breckland Council

01362 656 870 www.breckland.gov.uk

10

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LOT

6

HOLYWELL

OAK TREE HOUSE, PENTRE ROAD, HALKYN, CLWYD,

CH8 8BS

GUIDE PRICE:

£249,000+

A spacious and well presented, 5 bedroom / 3

bathroom detached house with self contained

annexe, occupying a site of 0.32 acres, vacant.

Description/Location:

The property enjoys an elevated position with far reaching views to the

Dee Estuary and provides flexible accommodation including a self

contained annexe with shower room and kitchenette. The property also

benefits from gas heating, double glazing and solar panels.

Accommodation:

Ground Floor: Entrance hall with stairs down to annexe, living room,

conservatory, kitchen, master bedroom with en-suite, 4 further

bedrooms, family bathroom.

Lower Ground Floor: Annexe - spacious open plan living space with

patio doors to front, kitchenette, shower room.

Outside: Extensive gardens with gated drive and plenty of parking.

Energy Rating: D/67

Tenure:

Freehold, vacant.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Flintshire County Council

01352 702121 www.flintshire.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

11


LOT

7

LONDON

FLAT 4, 146 FELLOWS ROAD, BELSIZE PARK, NW3 3JH

GUIDE PRICE:

£295,000+

A split level, long leasehold apartment arranged

across the first and second floors of an

attractive period residence, vacant.

Description/Location:

Fellows Road is ideally situated close to Swiss Cottage tube (0.2 miles)

and the open spaces of Primrose Hill, the property is ideally located to

take full advantage of the excellent amenities that both Swiss Cottage

and Primrose Hill provide.

Accommodation:

First Floor: Front door to living space with window to the rear and

kitchen area, spiral staircase to second floor.

Second Floor: Living space with window to the rear, shower room.

Tenure:

Leasehold - 125 years from 20/03/2008. Ground rent £100 pa.

To View:

Please contact Elliott Network Auctions on 020 7871 0420

Local Authority:

London Borough of Camden

020 7974 4444 www.camden.gov.uk

12

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LOT

8

TORQUAY

FLAT 8 CASTLE CHAMBERS, 147 UNION STREET, DEVON,

TQ1 4BT

GUIDE PRICE:

£80,000+

Estimated rental value: £7,800 pa.

A quality apartment in a landmark building -

vacant

Description/Location:

A particularly spacious 2 bedroom car park level flat in this well run

Grade II listed building in the centre of Torquay. Ideal for first time

buyers, owner occupiers or continued use as an established rental

property. The flat has neutral décor and carpets and importantly a

private parking space in a secure car park.

Accommodation:

Ground floor: Spacious hallway/diner, lounge with snug area, modern

kitchen, 2 bedrooms, modern bathroom, gas central heating, allocated

parking space.

Tenure:

Leasehold: We understand that there is a 999 year lease from 2006.

To View:

Please contact Haarer and Motts on 01803 322557

Local Authority:

Torbay Council

01803 201201 www.torbay.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

13


LOT

9

TORQUAY

FLAT 6 CASTLE CHAMBERS, 147 UNION STREET, DEVON,

TQ1 4BT

GUIDE PRICE:

£60,000+

Estimated rental value: £5,820 pa

A quality apartment in a landmark buildingvacant

Description/Location:

A good sized 1 bedroom car park level flat in this well run Grade II

listed building in the centre of Torquay. Ideal for first time buyers,

owner occupiers or continued use as an established rental property.

The flat has neutral décor and carpets.

Accommodation:

Ground floor: Hallway, good size lounge,modern kitchen,

bathroom/wc, gas central heating.

Tenure:

Leasehold: We understand that the lease is for 999 years from 2006.

To View:

Please contact Haarer and Motts on 01803 322557

Local Authority:

Torbay Council

01803 201201 www.torbay.gov.uk

14

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LOT

10 LITTLEHAMPTON

FLATS 1-10, 21 SOUTH TERRACE, WEST SUSSEX, BN17 5PA

GUIDE PRICE:

£695,000+

Current Rental Income: £54,576 pa

A 5 storey freehold building comprising 8 x 1

bedroom and 2 x studio apartments with sea

views to the front, 9 flats are let on AST's

producing £4548 pcm, 1 flat is sold off on a

lease.

Description/Location:

The property is situated at the junction of South Terrace and Norfolk

Road with uninterrupted front facing views across East Beach Green

open space to the sea beyond. The 10 self contained apartments are

arranged across the lower ground, ground, first, second and third

floors, we are advised that apartments 3,4,5,6 and 7 were completely

refurbished in 2015. Apartment 2 has been sold on a lease for 99 years

from 01/04/1986 producing ground rent of £75 pa.

Accommodation:

Lower Ground Floor: No. 10 - 1 bed, No. 9 - studio.

Ground Floor: No.1 - studio, No. 2 - 1 bed.

First Floor: No.3 - 1 bed, No. 4 - 1 bed.

Second Floor: No. 5 - 1 bed, No. 6 - 1 bed.

Third Floor: No.7 - 1 bed, No. 8 - 1 bed.

Apartments 2, 4, 6 and 8 enjoy sea views.

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

15


LOT

11 LITTLEHAMPTON

21 A, B & C SOUTH TERRACE, WEST SUSSEX, BN17 5PA

GUIDE PRICE:

£210,000+

Current Rental Value: £12,264 pa

Potential Rental Value: £18,204 pa

A 3 storey freehold building arranged as 3 x 1

bedroom apartments

Description/Location:

The property fronts Norfolk Road close to the junction with South

Terrace close to the seafront. Flat C requires refurbishment, Flats A and

B are let on AST's.

Accommodation:

Lower Ground Floor: Flat A

Ground Floor:Flat B

First Floor: Flat C

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

16

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LOT

12 TREHERBERT

1 WINDSOR STREET, MID GLAMORGAN, CF42 5LH

GUIDE PRICE:

£20,000

Freehold Ground Rent Investment -

Extended Lease - 6.5 Years Unexpired

Description/Location:

A freehold ground rent investment secured on an end terraced

house. The original lease expired and was extended in 1969.

Situated near the centre of Treherbert around a third of a mile

from the railway station.

Tenure:

Freehold - subject to a lease for a 53 year term from 2/8/1969

(6.5 years unexpired).

The ground rent is £315 per annum.

Enquiries:

Birmingham Office at 0121 456 1700

Auctioneers Note: The original long lease term expired and the

lessee now occupies by way of a 50 year lease extension. We

are of the opinion that should the lessee qualify to obtain the

freehold interest they would do so under the Leasehold Reform

Act 1967 and the interest valued under Section 9 (1C) of the

Act, which would reflect “Marriage Value”. Bidders should

satisfy themselves of the lessees’ qualification and the

valuation aspect of the freehold interest of the lot.

LOT

13 TREHERBERT

17 WINDSOR STREET, MID GLAMORGAN, CF42 5LH

GUIDE PRICE:

£20,000

Freehold Ground Rent Investment -

Extended Lease - 6.5 Years Unexpired

Description/Location:

A freehold ground rent investment secured on a midterraced

house. The original lease expired and was extended in 1969.

Situated near the centre of Treherbert around a third of a mile

from the railway station.

Tenure:

Freehold - subject to a lease for a 50 year term from 2/8/1972.

The unexpired term is therefore approximately 6.5 years. The

ground rent is £315 per annum.

Enquiries:

Birmingham Office at 0121 456 1700

Auctioneers Note: The original long lease term expired and the

lessee now occupies by way of a 50 year lease extension. We

are of the opinion that should the lessee qualify to obtain the

freehold interest they would do so under the Leasehold Reform

Act 1967 and the interest valued under Section 9 (1C) of the

Act, which would reflect “Marriage Value”. Bidders should

satisfy themselves of the lessees’ qualification and the

valuation aspect of the freehold interest of the lot.

© Crown copyright and database rights 2015 OS 100047514

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

17


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© Crown copyright and database rights 2015 OS 100047514

LOT

14 TREHERBERT

25 WINDSOR STREET, MID GLAMORGAN, CF42 5LH

GUIDE PRICE:

£20,000

Freehold Ground Rent Investment -

Extended Lease - 6.5 Years Unexpired

Description/Location:

A freehold ground rent investment secured on a mid terrace

house. The original lease expired and was extended in 1969.

Situated near the centre of Treherbert around a third of a mile

from the railway station.

Tenure:

Freehold - subject to a lease for a 50 year term from 2/8/1972.

The unexpired term is therefore approximately 6.5 years. The

ground rent is £315 per annum.

Enquiries:

Birmingham Office at 0121 456 1700

Auctioneers Note: The original long lease term expired and the

lessee now occupies by way of a 50 year lease extension. We

are of the opinion that should the lessee qualify to obtain the

freehold interest they would do so under the Leasehold Reform

Act 1967 and the interest valued under Section 9 (1C) of the

Act, which would reflect “Marriage Value”. Bidders should

satisfy themselves of the lessees’ qualification and the

valuation aspect of the freehold interest of the lot.

LOT

15 LIVERPOOL

6 DANE STREET, MERSEYSIDE, L4 4DZ

GUIDE PRICE:

£20,000+

Estimated Rental Value: £4200 pa

By order of the executors

A traditional style 2 bedroom mid terrace

house requiring modernisation and repair,

vacant.

Description/Location:

The property is situated in a residential street, Kirkdale station

0.5 miles. The property requires modernisation and repair

following a break in.

Accommodation:

Ground Floor: Living room, kitchen, shower room.

First Floor: 2 bedrooms.

Outside: Rear yard.

Tenure:

Freehold, vacant possession.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Liverpool City Council

0151 233 3000 www.liverpool.gov.uk

18

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LOT

16

NEWTON ABBOT

FOUNTAIN COURT, FORE STREET, BOVEY TRACEY, DEVON,

TQ13 9AD

GUIDE PRICE:

£200,000+

Current rental value: £17,400 pa

A freehold commercial investment comprising

ground floor retail premises (let) and 9 flats

(held on long leases) currently producing

£17,400 pa.

Description/Location:

A modern 3 storey end of terrace property constructed circa 1990. The

property comprises approximately 1,500sq ft ground floor retail space

and 9 flats arranged over the first and second floors which are held on

199 year leases from 1990/1991, there is garaging below providing

residents parking.

The ground floor retail space is occupied by long term tenant Lloyds

Pharmacy Ltd who hold a 10-year lease from 2015, the annual rent is

£16,500. The 9 flats produce ground rent of £100.00 pa plus an annual

service charge of £840.00.

Auctioneers Note: In accordance with Section 5B of the Landlord and

Tenant Act 1987 notices have been served on the lessees and they

have not reserved their rights of first refusal. EPC commissioned.

Tenure:

Freehold

To View:

Please contact Charles Darrow on 01626 330022

Local Authority:

Teignbridge District Council

01626 361101 www.teignbridge.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

19


LOT

17 BRIGHTON

FLAT 3, 3 QUEEN SQUARE, EAST SUSSEX, BN1 3FD

GUIDE PRICE:

£259,000+

Current Rent Reserved: £8580 pa

Estimated Rental Value: £13,200 pa

A spacious and well presented 2 bedroom first

floor flat situated in the heart of the city centre,

currently let on an AST (periodic)

Description/Location:

The property is situated on the first floor of an attractive, period

building in a cul-de-sac, just north of Western Road in Brighton city

centre. The flat is let on an AST producing £715 pcm, we believe the

current rental value is £1100 pcm.

Accommodation:

Ground Floor: Communal front door and entryphone, stairs to first

floor.

First Floor: Front door to entrance hall, living room with bay window

and kitchen area, 2 bedrooms, bathroom.

Tenure:

Share of freehold.

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Brighton and Hove City Council

01273 292929 www.brighton-hove.gov.uk

20

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LOT

18 BRIGHTON

BASEMENT FLAT 3 QUEEN SQUARE, EAST SUSSEX, BN1 3FD

GUIDE PRICE:

£250,000+

Estimated Rental Value £13,200 pa

A spacious 2 bedroom lower ground floor

maisonette with a private courtyard, the

maisonette will benefit from refurbishment,

vacant.

Description/Location:

The property is situated in the heart of the city centre, just north of

Western Road, Brighton Station 0.3 miles. The property will be of

interest to both owner occupiers and buy to let investors, we estimate

the rental value is currently £1100 pcm.

Accommodation:

Lower Ground Floor: Steps down from street to entrance area, private

front door to entrance hall, living room leading to kitchen, 2 bedrooms,

bathroom.

Outside: Private courtyard.

Tenure:

Share of freehold.

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Brighton and Hove City Council

01273 292929 www.brighton-hove.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

21


LOT

19 BUCKLEY

ANNEXE TO THE REAR OF 7 PADESWOOD ROAD, CLWYD,

CH7 2JL

GUIDE PRICE:

£12,000 - £15,000

A freehold site of 0.02 acres including a

former double garage that has been

converted and used (without consent) as

a dwelling, development potential, vacant.

Description/Location:

The property is reached via an access way off Padeswood

Road. Its original use was as storage of vehicles and a double

garage, the building was subsequently converted to an annexe

style dwelling, we have no evidence that planing consent was

granted for change of use. There is an established right of way

to the site, we are advised that the services have been cut off.

There is potential for development of the site subject to

planning.

Accommodation:

Ground Floor: lounge, kitchen, bathroom.

Loft void: bed area.

Outside: Parking and storage space.

Tenure:

Freehold, vacant.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Flintshire County Council

01352 702121 www.flintshire.gov.uk

LOT

20 HOUNSLOW

130 REDWOOD ESTATE, MIDDLESEX, TW5 9PP

GUIDE PRICE:

£170,000+

Current rental value: £13,800 pa.

A residential investment opportunity.

Description/Location:

An ex local authority second floor split level maisonette,

currently let on an Assured Shorthold Tenancy from 16/09/2015

for 6 months at £1,150 pcm. The property is located within a

purpose built development and is well presented internally. On

the outskirts of Heston near Hounslow, convenient for

commuters to London and Heathrow Airport, Hounslow West

Tube 1.2 miles.

Accommodation:

First floor: Living room, kitchen.

Second floor: 2 bedrooms, bathroom

Tenure:

Leasehold, 125 Years from 19/01/1987..

To View:

Please contact Fairview International Network Auctions on 0203

011 0177

Local Authority:

London Borough of Hounslow

020 8583 5555 www.hounslow.gov.uk

22

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LOT

21 SWINDON

9 PURLEY AVENUE, WILTSHIRE, SN3 2DS

GUIDE PRICE:

£180,000+

Current Rental Value: £23,400 pa

A spacious and well presented 5 room (all ensuite)

HMO, let producing £23,400 pa.

Description/Location:

The property is situated in the Park South area close to the Great

Western Hospital with excellent road links to the town centre and Old

Town. The property is in good order and comprises 5 en-suite letting

rooms and a large communal kitchen.

Accommodation:

Ground Floor: Entrance hall, Bedrooms 1 & 2, kitchen / breakfast room.

First Floor: 3 en-suite bedrooms.

Outside: Parking for 2 cars to the front, low maintenance rear garden

and bike shelter, shared with No.9A.

Tenure:

Freehold

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Swindon Borough Council

01793 463000 www.swindon.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

23


LOT

22 SWINDON

9A PURLEY AVENUE, WILTSHIRE, SN3 2DS

GUIDE PRICE:

£180,000+

Current Rental Value: £23,200 pa

A spacious and well presented 5 room (all ensuite)

freehold HMO, let producing £23,200 pa.

Description/Location:

The property is ideally situated close to the Great Western Hospital in a

popular residential location. The house is presented in good order and

comprises 5 en-suite letting rooms and a large communal kitchen.

Accommodation:

Ground Floor: Entrance hall, Bedrooms 1 & 2, kitchen / breakfast room.

First Floor: 3 en-suite bedrooms.

Outside: Off street parking for 2 cars to the front, low maintenance

garden and bike shelter to the rear, shared with No. 9.

Tenure:

Freehold

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Swindon Borough Council

01793 463000 www.swindon.gov.uk

24

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LOT

23 SWINDON

60 HALLAM MOOR, WILTSHIRE, SN3 6LS

GUIDE PRICE:

£140,000+

Current Rental Value: £16,250 pa

A 3 storey house arranged as an HMO, let

producing £16,250 pa.

Description/Location:

The house is situated east of the town centre in a popular residential

location, ideally located for renting close to the Great Western Hospital.

The property is presented in good order and is let producing £16,250

pa.

Accommodation:

Ground Floor: Front door to entrance hall with stairs to the first floor.

First Floor: Landing with stairs to second floor, bedroom 1 with

kitchenette and en-suite shower room, kitchen / breakfast room.

Second Floor: Bedroom 2 en-suite shower room, bedroom 3 with

kitchenette and en-suite shower room.

Tenure:

Leasehold for 125 years from 14/06/1993, ground rent £10 pa.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Swindon Borough Council

01793 463000 www.swindon.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

25


LOT

24 CHRISTCHURCH

27 PUREWELL, DORSET, BH23 1EH

GUIDE PRICE:

£265,000+

Detached double fronted 4 bedroom period

dwelling - 144 sq. m. (source EPC) with large

garden - vacant

Description/Location:

The house offers plentiful and characterful accommodation which would

now benefit from a fair degree of renovation. The property offers ample

off road parking with an approximate 135' 'Botanical' rear garden. EPC

rating G1

Accommodation:

Ground floor: 4 reception, kitchenette and cloakroom.

First floor: 4 bedrooms, bathroom and cloakroom.

Outside: Detached garage, off road parking, external wc, and approx.

135' south facing rear garden.

Tenure:

Freehold

To View:

Please contact Richard Godsell Network Auctions on 01202 499466

Local Authority:

Christchurch Borough Council

01305 251000 www.dorsetforyou.gov.uk

26

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LOT

25 SOUTHEND-ON-SEA

133 RICHMOND AVENUE, SHOEBURYNESS, ESSEX, SS3 9LF

GUIDE PRICE:

£90,000 - £95,000

Estimated rental value: £8,100 pa

Two bedroom ground floor flat- vacant

Description/Location:

Attractive two double bedroom ground floor flat situated in pleasant

residential area. The accommodation is extremely well presented with

the advantage of a modern kitchen and bathroom, double glazing, gas

central heating and direct access to garden. The property is being sold

with the Freehold. Rental potential £8,100 per annum.

Accommodation:

Ground floor: Lounge, kitchen, 2 bedrooms, bathroom, separate wc.

Outside: Rear garden

Tenure:

Freehold

To View:

Please contact Tudor Network Auctions on 01702 346818

Local Authority:

Southend on Sea Borough Council

01702 215000 www.southend.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

27


LOT

26 WALSALL

10 & 11 USK CLOSE AND 265 & 267 INGRAM ROAD, WEST

MIDLANDS, WS3 1LF

GUIDE PRICE:

£200,000 - £225,000

Current rental value: £4,500 pa

Estimated rental value: £18,360 pa

Excellent investment opportunity. Freehold

block of 4 maisonettes previously achieving

circa 18k per annum. 1 flat currently let - 3

vacant

Description/Location:

Four one bedroom maisonettes with parking spaces located in the

Bloxwich area of Walsall within easy access to local shops and bus

routes to local towns. 10 Usk Close currently rented on an Assured

Shorthold Tenancy for 6 months from 30/01/2016 at £375 pcm . The

other 3 flats are currently vacant. Being sold with the Freehold Title.

Accommodation:

Two ground floor and two first floor 1 bedroom properties consisting of

lounge, fitted kitchen, bathroom, bedroom, electric heating, double

glazing and 1 parking space each.

Tenure:

Freehold

To View:

Please contact Goodchilds Network Auctions on 01922 711444.

Local Authority:

Walsall Council

01922 650000 www.walsall.gov.uk

28

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LOT

27

LEIGHTON BUZZARD

THE OLD TELEPHONE EXCHANGE, 6 SCHOOL LANE, STEWKLEY,

BEDFORDSHIRE, LU7 0HL

GUIDE PRICE:

£90,000 - £100,000

Estimated rental value: £8,500 pa

One bedroom bungalow conversion - vacant

Description/Location:

The property is situated just off the High Street North in the heart of the

village in a small lane opposite St Michaels Church. The

accommodation is all on the ground floor having been converted from

a former Telephone Exchange. The property does not have access

rights over School Lane, only the prescribed rights limited to infrequent

visits adopted through its use when it was a Telephone Exchange. Also

no rights for access to the services in School Lane, except for

electricity which was connected when it was a Telephone Exchange.

Accommodation:

Ground floor: Open plan living room with double glazed bay window

and skylights, fitted kitchenette, cloakroom, bedroom with en suite

shower room and wc.

Tenure:

Freehold

To View:

Please contact Hartwell Network Auctions on 01296 688889

Local Authority:

Aylesbury Vale District Council

01296 585858 www.aylesburyvaledc.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

29


LOT

28

MILTON KEYNES

53-67 QUEENSWAY, BLETCHLEY, BUCKINGHAMSHIRE, MK2 2DR

GUIDE PRICE:

£2,300,000+

Current rent £201,810 p.a

Commercial investment comprising a block of 5 retail units with 5 flats above

Description/Location:

Bletchley is located approximately 2.5 miles to the south west of Milton Keynes. Junction 14 of the M1 is approximately 4 miles. Rail services to

London Euston are available.

The property comprises a terrace of 5 retail units with 5 flats above. The property also benefits from a rear car park/loading area accessed via a

service road.

30

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MILTON KEYNES

53-67 QUEENSWAY, BUCKINGHAMSHIRE, MK2 2DR

Floor Accommodation Current

Rent

53-55 Queensway Ground floor retail unit 7499 sq/ft (ITZA 1568 sq/ft) &

first floor offices 2957 sq/ft (source RICS report)

57-59 Queensway Ground floor retail unit 1954 sq/ft (ITZA 1189 sq/ft) &

first floor accommodation 1276 sq/ft (source RICS

report)

61 Queensway Ground floor retail unit 976 sq/ft (ITZA 591 sq/ft).

Source RICS report)

63 Queensway Ground Image floornot retailfound.

unit 1010 sq/ft (ITZA 608 sq/ft).

Source RICS report

65 Quensway Ground floor retail unit 1053 sq/ft (ITZA 614 sq/ft).

Source RICS report)

Flat 2, 67

Queensway

Flat 3, 67

Queensway

Flat 6, 67

Queensway

Flat 7, 67

Queensway

First Floor Flat, 65

Queensway

A 2 bedroom flat with lounge, kitchen and bathroom

(700 sq/ft. Source EPC)

A 2 bedroom flat with lounge, kitchen, and bathroom

(678 sq/ft. Source EPC)

A 2 bedroom flat with lounge, kitchen and bathroom

(613 sq/ft. Source EPC)

A 2 bedroom flat with lounge, kitchen, bathroom

(603 sq/ft. Source EPC)

£73,500

p.a.

£40,000

p.a.

£17,500

p.a

£20,000

p.a.

£23,750

p.a

£6000

p.a.

£5940

p.a.

Rent Terms

Let on a 63 year effective F.R.I. lease from 25th December

1963 to 24th December 2026. Rent review every 21 years.

Let to 'Cash Converters (UK) Ltd' on a 10 year F.R.I. lease

from 12th December 2012. Rent review on 5th year.

Let to 'Card Shop' on a 12 year F.R.I. lease from 23rd May

2015. Rent reviews every 3 years.

Let to D.W. Roberts Image (Optometrists) not found. on a 5 year I.R.I lease

from 3rd July 2012.

Let to Don Brothers (Cash Betting Ltd), trading as 'Betfred'

on a 10 year F.R.I lease from 11th February 2015. Rent

review on 5th year.

Let on an Assured Shorthold Tenancy for 12 months from

25th August 2014. £500 p.c.m

Let on an Assured Shorthold Tenancy for 6 months from

30th May 2014. £495 p.c.m.

£4800 Let on an Assured Shorthold Tenancy for 6 months from 1st

November 2002. £400 p.c.m.

£5940 Let on an Assured Shorthold Tenancy for 6 months from

28th August 2005. £495 p.c.m

A 2 bedroom flat with lounge, kitchen and bathroom £4380 Let on an Assured Shorthold Tenancy for 6 months from 1st

January 2004. Rent £365 p.c.m

Tenure:

Freehold

To view:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Milton Keynes Council 01908 691691www.milton-keynes.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

31


LOT

29 LITTLEHAMPTON

FLATS 1 - 8, 16 ST. CATHERINES ROAD, WEST SUSSEX,

BN17 5HS

GUIDE PRICE:

£750,000+

Current Rental Value: £50,220 pa

An attractive freehold building comprising 6 x 1

bedroom and 2 x studio apartments, let

producing £50,220 pa.

Description/Location:

Situated just off the seafront in a sought after road overlooking Caffyns

Field open space. The 8 apartments are individually let on assured

shorthold tenancies and are all presented in good order, we believe

there is an opportunity to increase rents in line with market rates. The

property has been re-roofed, is double glazed provides parking to the

front and rear.

Accommodation:

Ground Floor: Flat 1- large studio with separate kitchen area and

bathroom, let producing £525 pcm. Flat 2 - private entrance, living

room, bedroom, kitchen, wet room, let producing £540 pcm. Flat 7 -

private entrance, living room, kitchen, bedroom, bathroom, let

producing £525 pcm.

First Floor: Flat 3 - large studio with separate kitchen and bathroom, let

producing £495 pcm. Flat 4 - split level with living room, kitchen area,

bedroom and bathroom, let producing £525 pcm. Flat 8 - living room,

kitchen area, bedroom, bathroom, let producing £525 pcm.

Second Floor: Flat 5 - living room, separate kitchen area, bedroom,

newly installed shower room. Flat 6 - living room, separate kitchen,

bedroom, bathroom, let producing £525 pcm.

Tenure:

Freehold. Auctioneers Note: If the lot is sold we will not offer Flats 1 - 8

as individual lots.

Joint Auctioneers:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

32

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

30 BRISTOL

770 FISHPONDS ROAD, FISHPONDS, AVON, BS16 3UA

GUIDE PRICE:

£295,000+

For development - substantial first and second

floor office space with consent for conversion

to flats, vacant.

Description/Location:

The property is situated at the junction of Fishponds Road and New

Station Road, planning was granted by Bristol City Council Ref:

15/05377/COU on 24/11/2015. The current scheme provides 2 x 2

bedroom flats, we believe there is an opportunity for a planning gain

creating 4 x 1 bedroom flats subject to planning.

Energy Rating: G/157

Tenure:

Leasehold, new 125 year lease from completion

To View:

Please contact Fairview International Network Auctions on 0203 011

0177

Local Authority:

Bristol City Council

0117 922 2000 www.bristol.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

33


In a property auction,

getting the finance

together is the key.

Whatever your situation, speak to

the Together team to unlock the right

funding solution.

Call us on 0161 933 7155.

“We’re right

behind you

and so is our

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togethermoney.com

For professional use only.

Together is a trading style of Auction Finance Limited. Auction Finance Limited is registered in England and Wales - Company Registration Number 04949929.

Registered office address: Lake View, Lakeside, Cheadle, Cheshire SK8 3GW.


LOT

31 TORQUAY

AVON HOUSE, 6 PRIORY ROAD, DEVON, TQ1 4NY

GUIDE PRICE:

£325,000+

Current rental value: £33,539.76 pa

Investment - A freehold building arranged as 7

self contained one bedroom flats.

Description/Location:

A former hotel which is now converted into 7 self contained 1 bedroom

flats arranged over ground, first and second floors. The building is

located in a most sought after position just off the shopping precinct at

St Marychurch, and as such, is very popular with tenants. All the flats are

currently let on assured shorthold tenancies producing over £33,000,

along with a revenue earning laundry.

Accommodation:

Ground floor: 2 x 1 bedroom flats

First floor: 4 x 1 bedroom flats

Second floor: 1 x 1 bedroom flat

Tenure:

Freehold

To View:

Please contact Haarer and Motts on 01803 322557

Local Authority:

Torbay Council

01803 201201 www.torbay.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

35


LOT

32 CARNFORTH

FLAT 14 HEATHCLIFFE COURT, REDHILLS ROAD, ARNSIDE,

LANCASHIRE, LA5 0AT

GUIDE PRICE:

£195,000+

Estimated Rental Value: £12,000pa

A spacious and well presented 3 bedroom / 2

bathroom luxury apartment (1098 sq ft, source

EPC) with estuary views, vacant.

Description/Location:

The property is situated within an attractive period detached building in

one of the finest locations in Arnside with commanding views of the

estuary & beyond. Arnside is a coastal village with an abundance of

walks and leisure activities including a sailing club. There are many

local facilities and services including the railway station (direct service

to Manchester Airport) with Leighton Moss Nature Reserve and

Silverdale golf course nearby. An opportunity to acquire a permanent

residence or an ideal holiday retreat.

Accommodation:

Second Floor: Stairs to second floor, front door to entrance hall, living

room, kitchen / breakfast room, master bedroom with en-suite

bathroom, 2 further double bedrooms, guest shower room.

Outside: Beautifully presented communal grounds with unreserved

parking to the front and a driveway leading to a secure undercroft

parking space.

Energy Rating: C/69

Tenure:

Leasehold - 999 years from 24/06/1989, ground rent £25 pa.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Cumbria County Council

01228 606060 www.cumbria.gov.uk

36

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

33

ST. COLUMB

4 BANK STREET, CORNWALL, TR9 6AU

GUIDE PRICE:

£85,000+

Estimated rental: £7,200 per annum

A 2/3 bedroom three storey Grade II listed town

house with original features in the town centre

- vacant.

Description/Location:

The property is a spacious three storey two/three bedroom town house

with accommodation over three floors which enjoys views of the church

and surrounding area to the rear.

Accommodation:

Ground floor: Sitting room with hatch leading to cellar, kitchen/dining

room, bathroom.

First floor: 2 bedrooms, bedroom 3/study, shower room.

EPC rating E/52

Tenure:

Freehold

To View:

To view contact Clarkes Sales and Lettings on 01637 881470

Local Authority:

Cornwall Council

0300 1234 100 www.cornwall.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

37


LOT

34 IVYBRIDGE

PILGRIM COTTAGE, 17 CHURCH STREET, MODBURY, DEVON,

PL21 0QP

GUIDE PRICE:

£215,000+

An attractive 5 bedroom, Grade II listed house

with accommodation across 3 floors requiring

modernisation, vacant.

Description/Location:

The house is situated in the heart of Modbury and benefits from a rear

garden that extends approximately 140 ft. The property requires

modernisation but retains a wealth of original character features and

provides extensive, flexible accommodation.

Accommodation:

Ground Floor: Front door to entrance hall, sitting room, dining room,

kitchen.

First Floor: Landing with stairs to second floor, 3 bedrooms.

Second Floor: Landing, bedroom 5, door to bathroom and bedroom 4.

Outside: Cottage style rear garden.

Tenure:

Freehold, vacant possession.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

South Hams District Council

01803 81234 www.southhams.gov.uk

38

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

35 HASTINGS

PLOT 48, PHASE 1 ROCKLANDS LANE, EAST SUSSEX,

TN35 5NS

NO GUIDE RESERVE PRICE:

No Reserve

A freehold plot of 0.03 acres with

speculative development potential,

vacant.

Description/Location:

The plot is situated between Rocklands Lane and Barley Lane

with extensive residential development to the north and

Rocklands Holiday Park to the south.

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Hastings Borough Council

01424 781066 www.hastings.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

LOT

36

TUNBRIDGE WELLS

PLOT 32, ASHURST ROAD, ASHURST, KENT, TN3 9TE

NO GUIDE RESERVE PRICE:

No Reserve

A freehold plot of 0.03 acres with

speculative potential for future

development, vacant.

Description/Location:

Situated to the north of Ashurst Road in a village setting

between Tunbridge Wells and East Grinstead with residential

dwellings to the east and west of the site.

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Tunbridge Wells Borough Council

01892 526 121 www.tunbridgewells.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

39


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Our rates start from 0.65% per month, with terms from 1 to

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Call us on 020 7118 1133

or visit us at lendinvest.com/borrow

*T & Cs apply. LendInvest is authorised and regulated by the FCA. Your property

may be repossessed if you do not keep up repayments on your mortgage.


LOT

37 WELWYN

12 THE AVENUE, HERTFORDSHIRE, AL6 0PW

GUIDE PRICE:

£475,000+

A freehold site with planning consent for the

erection of 2 x semi detached houses within the

sought after Oaklands area, vacant.

Description/Location:

A rare opportunity to acquire a consented development site in this

most sought after residential location with full planning granted by

Welwyn and Hatfield Council on 14/04/2014 Ref: N6/2014/0318/FP.

The new dwellings will provide spacious and flexible accommodation

across 4 floors with gardens and parking.

Accommodation:

Proposed Accommodation:

Lower Ground Floor: Hall, store, study, shower room.

Ground Floor: Hall, living room, kitchen / dining room, utility room,

cloakroom / wc.

First Floor: Landing, master bedroom and en - suite bathroom,

bedroom 3, family bathroom.

Second Floor: Landing, bedroom 2, bathroom.

Outside: Gardens front and rear, parking.

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Welwyn & Hatfield Brough Council

01707 357000 www.welhat.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

41


LOT

38 ESHER

32 CLARE HILL, SURREY, KT10 9NB

GUIDE PRICE:

£1,950,000+

A freehold site of 0.83 acres with planning

consent for demolition of the existing dwelling

and the erection of a new 9400 sq ft house,

vacant.

Description/Location:

An opportunity to create a bespoke residence in one of the areas most

prestigious locations. Clare Hill is a highly sought after address, a

private estate with gated pedestrian access directly on to Esher High

Street. Train links into Central London at Esher station and Claygate

station with mainline services to Waterloo (23 minutes and 29 minutes

respectively). Residents of Clare Hill benefit from shared ownership of

Claremont Park Golf Course giving them unrestricted access.

Planning granted by Elmbridge Borough Council on 09/10/2013 Ref:

2013/3015.

Accommodation:

The new dwelling will provide 9400 sq ft of floor space across two

floors with additional rooms in the roof space, a rear facing balcony

and garaging.

Tenure:

Freehold

To View:

Please contact Fairview International Network Auctions on 0203 011

0177

Local Authority:

Elmbridge Borough Council

01372 474474 www.elmbridge.gov.uk

42

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


ESHER

32 CLARE HILL, SURREY, KT10 9NB

Continued...

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

43


LOT

39 TORQUAY

STRATHMORE APARTMENTS, SCARBOROUGH ROAD, DEVON,

TQ2 5UG

GUIDE PRICE:

£850,000 - £875,000

Current rental: (year end April

2014) £155,139 pa

An opportunity to acquire a high yielding

freehold investment property.

Description/Location:

A grand detached, period property, formerly a hotel and presented in

the ‘Art Deco’ style.

Comprises 27 self-contained apartments, the majority of which are 1-

bedroom studio apartments, along with a 3-bedroom annexe arranged

over 5 floors.

The property has been owned and managed by our client for 20 years

and ongoing investment saw 4 garden apartments added to the

building in 2010.

The property also benefits from a resident’s laundry room, large

basement area, pleasant rear gardens and a large resident’s car park.

Gross Rental Income for year ending 5 April 2014 was £155,139 pa.

Current Gross Rental Income we understand to be £154,217 pa.

Strathmore apartments are conveniently located in the central area of

Torquay just off Belgrave Road, being close to the seafront and

promenade and the harbour.

Tenure:

Freehold

To View:

Please contact Charles Darrow on 01626 330022

Local Authority:

Torbay Council

01803 201201 www.torbay.gov.uk

44

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

40 CREWE

THE WOLVERTON ARMS, 141 WEST STREET, CHESHIRE,

CW1 3HH

GUIDE PRICE:

£75,000 - £85,000

Corner sited former public house with

development potential (subject to planning)

vacant.

Description/Location:

The Wolverton Arms occupies a prominent corner position located in the

town centre and close proximity to the A532 and Junction 16 of the M6

motorway. The public house is arranged over ground and first floor

together with a cellar and also includes an enclosed rear garden. The

property may be suitable for a variety of uses, including development,

subject to obtaining necessary planning consent. Prospective

purchasers should make their own enquires in this regard.

Tenure:

Freehold - Vacant Possession

To View:

Please contact Fairview International Network Auctions on 0203 011

0177

Local Authority:

Cheshire East Council

0300 123 5500 www.cheshireeast.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

45


LOT

41 ASCOT

PLOT 98 PRIORY ROAD, WINKFIELD, BERKSHIRE, SL5 8RP

NO RESERVE

A freehold parcel of land (0.027 acres,

1184 sq ft, source title plan), vacant.

Description/Location:

The plot is situated between Long Hill Road and Priory Road in

North Ascot to the west of Ascot Racecourse. Potential for

storage / agricultural use and a speculative opportunity for

future development subject to planning.

Tenure:

Freehold

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Royal Borough of Windsor and Maidenhead

01628 683 800 www.rbwm.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

LOT

42 SWINDON

PLOT 45 CALCUTT FARM, CALCUTT, WILTSHIRE, SN6 6JR

NO RESERVE

A freehold parcel of land (0.047

acres/2067 sq ft, source title plan),

vacant.

Description/Location:

The land is situated just to the north of the A419 in Calcutt,

approximately 10 miles north of Swindon, potential for storage /

agricultural use and a speculative opportunity for future

development subject to planning.

Tenure:

Freehold

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Swindon Borough Council

01793 463000 www.swindon.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

46

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

43 SWINDON

PLOT 46 CALCUTT FARM, CALCUTT, WILTSHIRE, SN6 6JR

NO RESERVE

A freehold parcel of land (0.05 acres,2379

sq ft source title plan), vacant.

Description/Location:

The land is situated just to the north of the A419 in Calcutt,

approximately 10 miles north of Swindon, potential for storage /

agricultural use and a speculative opportunity for future

development subject to planning.

Tenure:

Freehold

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Swindon Borough Council

01793 463000 www.swindon.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

LOT

44 ELY

PLOT 124 HIGH ROAD, LITTLE DOWNHAM,

CAMBRIDGESHIRE, CB6 2DU

A freehold parcel of land (0.024 acres,

1066 sq ft, source title plan), vacant.

Description/Location:

The property is situated between High Road and Mill Hill

(B1411) to the west of Little Downham, potential for agricultural

and storage use and speculative future development subject to

planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

East Cambridgeshire District Council

01353 66555 www.eastcambs.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

47


LOT

45 ELY

PLOT 125 HIGH ROAD, LITTLE DOWNHAM,

CAMBRIDGESHIRE, CB6 2DU

A freehold parcel of land (0.024 acres,

1066 sq ft, source title plan), vacant.

Description/Location:

The property is situated between High Road and Mill Hill

(B1411) to the west of Little Downham, potential for agricultural

and storage use and speculative future development subject to

planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

East Cambridgeshire District Council

01353 66555 www.eastcambs.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

LOT

46 EVESHAM

3 BURFORD ROAD, WORCESTERSHIRE, WR11 3AF

GUIDE PRICE:

£110,000+

Estimated Rental Value: £7800 pa

An attractive 2 bedroom freehold house

that will benefit from refurbishment,

vacant.

Description/Location:

The property is situated in the sought after Bengeworth district

and provides double glazed windows and a private rear

garden. We estimate the current rental value is £650 pcm.

Accommodation:

Ground Floor: Entrance hall, sitting room, kitchen.

First Floor: Landing 2 bedrooms, bathroom.

Outside: Rear garden, approximately 30 ft depth.

Tenure:

Freehold with vacant possession.

To View:

Please contact Elliott Network Auctions on 020 7871 0420

Local Authority:

Wychavon District Council

01386 565000 www.wychavon.gov.uk

48

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

47 PAIGNTON

16 WINNER STREET, DEVON, TQ3 3BJ

GUIDE PRICE:

£195,000+

Current rental value: £18,599.98 pa

Mixed freehold investment with development

potential.

Description/Location:

A mixed freehold investment comprising ground floor shop, 3 one

bedroom flats over the first and second floors and a rear ground floor

flat ( previously occupied) that is now derelict but could be reinstated

to add further rental income. Winner Street is a popular trading location

in Paignton and is in demand by both residential and commercial

tenants.

Accommodation:

Ground floor: Shop and rear derelict flat

First floor: 2 x 1 bedroom flats

Second floor: 1 x 1 bedroom flat

Tenure:

Freehold

To View:

Please contact Haarer and Motts on 01803 322557

Local Authority:

Torbay Council

01803 201201 www.torbay.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

49


LOT

48

NEW MALDEN

8 GAINSBOROUGH ROAD, SURREY, KT3 5NU

GUIDE PRICE:

£750,000+

A spacious 6 bedroom detached house (1669

sq ft, source EPC) recently refurbished and

available with vacant possession.

Description/Location:

The property is located in the sought after KT3 post code area and

within easy reach of the amenities of New Malden and Worcester Park.

The restaurants, shops and bars of Kingston town centre are within

easy reach, Malden Manor station 0.3 miles.

Accommodation:

Ground floor: : Hallway, 2 reception rooms, conservatory, kitchen and

breakfast room, shower room, downstairs cloakroom.

First floor: : Bedrooms 1 - 4, bathroom, cloakroom and wc.

Second floor: Bedrooms 5 and 6, bathroom.

Outside: Rear garden, front garden with driveway and garage.

Energy Rating: F/36

Tenure:

Freehold

To View:

Please contact Fairview International Network Auctions on 0203 011

0177

Local Authority:

Royal Borough of Kingston Upon Thames

020 8547 5007 www.kingston.gov.uk

50

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

49 LITTLEHAMPTON

FLAT 1, 16 ST. CATHERINES ROAD, WEST SUSSEX, BN17 5HS

GUIDE PRICE:

£80,000+

Current Rental Value: £6,300 pa

A spacious ground floor studio apartment,

let producing £6,300 pa.

Description/Location:

Situated just off the seafront in a sought after road overlooking

Caffyns Field open space. The building has been re-roofed, the

apartment is double glazed, there is parking to the front and

rear.The apartment is front facing and is let on an AST

producing £525 PCM.

Accommodation:

Ground Floor: Large studio room, separate kitchen and

bathroom.

Tenure:

New 99 year lease from completion.

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

LOT

50 LITTLEHAMPTON

FLAT 2, 16 ST. CATHERINES ROAD, WEST SUSSEX, BN17 5HS

GUIDE PRICE:

£100,000+

Current Rental Value: £6480 pa

A spacious 1 bedroom ground floor flat,

let producing £6,480 pa.

Description/Location:

Situated just off the seafront in a sought after road overlooking

Caffyns Field open space. The building has been re-roofed, the

apartment is double glazed, there is parking to the front and

rear. The apartment is front facing and is let on an AST

producing £540 PCM.

Accommodation:

Ground Floor: Private front entrance door, living room, kitchen,

bedroom, wet room.

Tenure:

New 99 year lease from completion

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

51


LOT

51 LITTLEHAMPTON

FLAT 3 16 ST. CATHERINES ROAD, WEST SUSSEX, BN17 5HS

GUIDE PRICE:

£80,000+

A well presented, first floor studio

apartment, let producing £5,940 pa

Description/Location:

Situated just off the seafront in a sought after road overlooking

Caffyns Field open space. The building has been re-roofed, the

apartment is double glazed, there is parking to the front and

rear.The apartment is front facing and is let on an AST

producing £495 PCM.

Accommodation:

First Floor: Good size studio room with views across Caffyns

Field open space, kitchen area, bathroom.

Tenure:

New 99 year lease from completion

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

LOT

52 LITTLEHAMPTON

FLAT 4, 16 ST. CATHERINES ROAD, WEST SUSSEX, BN17 5HS

GUIDE PRICE:

£100,000+

Current Rental Value: £6300 pa

A 1 bedroom first floor apartment, let

producing £6,300 pa

Description/Location:

Situated just off the seafront in a sought after road overlooking

Caffyns Field open space. The building has been re-roofed, the

apartment is double glazed, there is parking to the front and

rear.The apartment is let on an AST producing £525 PCM.

Accommodation:

First Floor: Living room, bedroom, kitchen area, bathroom.

Tenure:

New 99 year lease from completion.

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

52

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

53 LITTLEHAMPTON

FLAT 5 16 ST. CATHERINES ROAD, WEST SUSSEX, BN17 5HS

GUIDE PRICE:

£99,000+

Current Rent Reserved: £6300 pa

A top floor 1 bedroom apartment, let

producing £6,300 pa.

Description/Location:

Situated just off the seafront in a sought after road overlooking

Caffyns Field open space. The building has been re-roofed, the

apartment is double glazed, there is parking to the front and

rear. The apartment is front facing and is let on an AST

producing £525 PCM.

Accommodation:

Second Floor: Living room, bedroom, kitchen area, recently

installed shower room.

Tenure:

New lease for 99 years from completion

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

LOT

54 LITTLEHAMPTON

FLAT 6 16 ST. CATHERINES ROAD, WEST SUSSEX, BN17 5HS

GUIDE PRICE:

£99,000+

Current Rent Reserved: £6300 pa

A top floor 1 bedroom apartment, let

producing £6,300 pa

Description/Location:

Situated just off the seafront in a sought after road overlooking

Caffyns Field open space. The building has been re-roofed, the

apartment is double glazed, there is parking to the front and

rear. The apartment is let on an AST producing £525 PCM.

Accommodation:

Second Floor: Living room, bedroom, separate kitchen,

bathroom.

Tenure:

New lease for 99 years from completion

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

53


LOT

55 LITTLEHAMPTON

FLAT 7, 16 ST. CATHERINES ROAD, WEST SUSSEX, BN17 5HS

GUIDE PRICE:

£99,000+

Current Rent Reserved: £6300 pa

A ground floor 1 bedroom apartment, let

producing £6,300 pa

Description/Location:

Situated just off the seafront in a sought after road overlooking

Caffyns Field open space. The building has been re-roofed, the

apartment is double glazed, there is parking to the front and

rear. The apartment is let on an AST producing £525 PCM.

Accommodation:

Ground Floor: Private entrance, living room, separate kitchen

area, bedroom, bathroom.

Tenure:

New lease for 99 years from completion

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

LOT

56 LITTLEHAMPTON

FLAT 8 16 ST. CATHERINES ROAD, WEST SUSSEX, BN17 5HS

GUIDE PRICE:

£99,000+

Current Rent Reserved: £6,300 pa

A 1 bedroom first floor apartment, let

producing £6,300 pa

Description/Location:

Situated just off the seafront in a sought after road overlooking

Caffyns Field open space. The building has been re-roofed, the

apartment is double glazed, there is parking to the front and

rear.The apartment is let on an AST producing £525 PCM.

Accommodation:

First Floor: Living room, kitchen area, bedroom, bathroom.

Tenure:

New lease for 99 years from completion

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Arun District Council

01903 737500 www.arun.gov.uk

54

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


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LOT

57 FOLKESTONE

PLOT 98 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold parcel of land (0.031 acres,

1356 sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

LOT

58 FOLKESTONE

PLOT 99 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold parcel of land (0.031 acres,

1356 sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

56

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

59 FOLKESTONE

PLOT 100 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold parcel of land (0.031 acres,

1356 sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

LOT

60 FOLKESTONE

PLOT 101 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold parcel of land (0.031 acres,

1356 sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

57


LOT

61 GLASGOW

LAND TO THE NORTH OF GLASGOW ROAD, KIRKINTILLOCH,

LANARKSHIRE, G66 1AF

GUIDE PRICE:

£300,000+

Three parcels of land to be sold as one lot and

equivalent to approximately 37.5 acres, vacant.

Description/Location:

The land is situated to the north of Glasgow Road in the town of

Kirkintilloch about 8 miles north east of central Glasgow. The site is

adjacent to residential dwellings to the south and west and the Campsie

Road industrial estate to the east.

Tenure:

Heritable title, vacant.

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

East Dunbartonshire Council

0300 123 4510 www.eastdunbarton.gov.uk

58

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

62 HEREFORD

STREAMSIDE BUNGALOW, CHURCH ROAD, EARDISLEY,

HEREFORDSHIRE, HR3 6NJ

GUIDE PRICE:

£145,000+

A spacious, detached bungalow (1076 sq

ft, source EPC) available with vacant

possession.

Description/Location:

The property is situated in a sought after Herefordshire village

and provides flexible accommodation, double glazed windows

and oil fired heating.

Accommodation:

Ground Floor: Entrance porch, living room, dining room,

kitchen, 2 bedrooms, bathroom and shower room.

Outside: Gardens to the front and rear, off street parking.

Tenure:

Freehold

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Herefordshire Council

01432 260000 www.herefordshire.gov.uk

LOT

63 COLNE

MIDGE HOLE MILL, COUNTY BROOK LANE, FOULRIDGE,

LANCASHIRE, BB8 7LS

GUIDE PRICE:

£6,000 - £8,000

The freehold site of a former water mill,

approximately 0.23 acres, development

potential, vacant.

Description/Location:

The site extends to approximately 932 sq m and has potential

for further development subject to planning consent. Situated

in the village of Foulridge approximately 2 miles north of Colne.

Nearby, Mount Pleasant Methodist Church on County Brook

Lane is now a private dwelling.

Tenure:

Freehold, vacant possession.

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Pendle Borough Council

01282 661661 www.pendle.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

59


LOT

64 LONDON

ROOF SPACE, 82A HOLLOWAY ROAD, N7 8JG

GUIDE PRICE:

£25,000+

Long leasehold roof space investment

with potential to create a new 2 bedroom

flat subject to planning, vacant.

Description/Location:

The roof space is situated at second floor level to the rear of

the building above the existing ground and first floor flats, an

indicative drawing shows the potential to create a 2 bedroom

self contained flat utilising the roof space. The freeholder is

selling a 125 year lease granting rights to develop the space

subject to planning consent and building regulation approval.

Tenure:

New 125 year lease from completion

To View:

Please contact Fairview International Network Auctions on 0203

011 0177

Local Authority:

Islington council

020 7527 2000 www.islington.gov.uk

LOT

65 FOLKESTONE

PLOT 296 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold plot of land (0.054 acres, 2379

sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

60

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

66 FOLKESTONE

PLOT 297 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold parcel of land (0.054 acres,

2379 sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

LOT

67 FOLKESTONE

PLOT 298 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold parcel of land (0.057 acres,

2519 sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

61


LOT

68 FOLKESTONE

PLOT 259 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold parcel of land (0.038 acres,

1679 sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

LOT

69 FOLKESTONE

PLOT 260 PADDLESWORTH LANE, HAWKINGE, KENT,

CT18 7AH

A freehold parcel of land (0.038 acres,

1679 sq ft, source title plan), vacant.

Description/Location:

The plot is situated on the outskirts of Hawkinge and to the

north of the Eurotunnel Terminal at Folkestone. Potential for

storage or agricultural use and speculative future development

subject to planning.

Tenure:

Freehold

NO RESERVE

Enquiries:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Shepway District Council

01303 853700 www.shepway.gov.uk

On the fall of the gavel and in addition to the deposit and

buyers administration fee the buyer will pay the auctioneer

£600 including VAT as a contribution towards the sellers

auction costs.

62

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

70

SOUTH SHIELDS

114 RICHMOND ROAD, TYNE AND WEAR, NE34 0QQ

GUIDE PRICE:

£39,000+

Current Rental Value: £5,940 pa

A recently refurbished 2 bedroom ground

floor flat (613 sq ft, source EPC) with

private garden, let on an AST producing

£495 pcm.

Description/Location:

Ideally situated close to South Tyneside Hospital as well as

Stanhope Road with a range of local amenities, shops and

transport links leading into South Shields Town Centre, Tyne

Dock Metro Stop 0.3 miles. The property provides modern

fixtures, double glazed windows and gas heating via radiators.

The flat is let on a 12 month AST at a current rent of £495 pcm.

Accommodation:

Ground Floor: Entrance hall, sitting room, kitchen, bathroom, 2

bedrooms.

Outside: Private garden to the rear.

Energy Rating: E/55

Tenure:

Leasehold.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

North Tyneside Council

0345 200 0101 www.northtyneside.gov.uk

LOT

71

CHESTER LE STREET

66 BRADLEY CLOSE, OUSTON, COUNTY DURHAM, DH2 1TJ

GUIDE PRICE:

£30,000 - £35,000

Estimated Rental Value £4,200 pa

A purpose built first floor studio flat

presented in good order and ideal for

rental investment, vacant.

Description/Location:

The property is situated in Upreth Grange, an established

residential area and provides modern fixtures and wood

laminate flooring throughout. An ideal buy to let opportunity, we

estimate the current rental value is £350 pcm.

Accommodation:

First Floor: studio room, kitchen, dressing area, shower room.

Tenure:

Leasehold, vacant possession.

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Durham County Council

0191 383 3253 www.durham.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

63


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LOT

72 VENTNOR

SITE BETWEEN 46 & 52 MADEIRA ROAD, ISLE OF WIGHT,

PO38 1QS

GUIDE PRICE:

£150,000+

A cleared, freehold site of approximately 0.21

acres with planning consent for the erection of

2 x 4 bedroom semi detached houses with

garages and gardens.

Description/Location:

The site is situated in an elevated position and is sea facing,

approximately 1 mile from Ventnor's Esplanade. Planning was granted

by Isle of Wight Council Ref: P/01123/14 - TCP/15634/F on 03/09/2015.

Accommodation:

Proposed Accommodation

Ground Floor: Entrance hall with cloakroom / wc, 2 double bedrooms

with en-suite shower rooms and doors to terrace, study.

First Floor: Front door to lobby with cloakroom /wc, spacious open

plan living room with kitchen and balcony.

Lower Ground Floor: Hallway, 2 double bedrooms with en-suite shower

rooms, study 2.

Outside: Private terraces, garage.

Tenure:

Freehold with vacant possession.

To View:

Please contact Lane & Holmes on 01234 327744

Local Authority:

Isle of Wight Council

01903 821000 www.iwight.com

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

65


LOT

73

KING'S LYNN

LAND AT THE FRIARS, NORFOLK, PE30 5AH

GUIDE PRICE:

£70,000+

A freehold site of a comprising a number

of plots

Description/Location:

Situated to the south of the town centre and south west of

Whitefriars Road. The site as a whole was granted planning

permission for 20 houses by Kings Lynn & West Norfolk

Council on 2nd January 2007 (planning ref no. 06/02684/FM).

A compulsory purchase order (CPO) was placed on the site as

part of the proposed Marina development in Kings Lynn. The

CPO was subsequently withdrawn in 2009 as the council

decided to put the marina development on hold.

The site was sub divided into numerous plots of which

approximately two thirds have been sold and it is the remainder

of the site which is being offered.

Tenure:

Freehold

Enquiries:

Please contact Elliott Network Auctions on 020 7871 0420

Local Authority:

Borough Council of Kings Lynn and West Norfolk

01553 616200 www.west-norfolk.gov.uk

LOT

74 DEAL

14 THISTLEDOWN, WALMER, KENT, CT14 7XE

GUIDE PRICE:

£130,000+

A modern, 3 bedroom / 2 bathroom

freehold semi detached house with

garage subject to a life tenancy.

Description/Location:

The property is situated in a cul-de-sac and is valued by local

estate agents with vacant possession around £280,000. It is

sold subject to a life tenancy in favour of a male aged 82 and

female 68 although the one page agreement has not been

registered.

Accommodation:

Ground Floor: Entrance hall with cloakroom / wc, living room,

kitchen, conservatory. First Floor: Landing, master bedroom

with en-suite, 2 further bedrooms, bathroom. Outside: Gardens

to the front and rear, garage and driveway.

Tenure:

Freehold

Enquiries:

Please contact Elliott Network Auctions on 020 7871 0420

Local Authority:

Dover District Council

01304 821199 www.dover.gov.uk

Auctioneers Note: External viewing only

66

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

75 BURNHAM-ON-CROUCH

102 STATION ROAD, ESSEX, CM0 8HR

GUIDE PRICE:

£125,000 - £135,000

Current rental value: £8,400 pa

Estimated rental value: £9,000 pa

Leasehold Investment Opportunity

Description/Location:

A well presented and maintained, 2 bed ground floor apartment with

long lease, currently let on an Assured Shorthold Tenancy, in a popular

location. There is a modern electric heating/hot water system and Upvc

windows and also a garage. EPC rating D/69

Accommodation:

Ground floor: Living room, Kitchen area, bathroom, two double

bedrooms.

Outside: Communal decked terrace and a garage.

Auctioneers note: We understand that the current tenant has been

living in the property for 8 years and has indicated that they wish to

continue renting the property.

Tenure:

Leasehold: Lease125 Years from 14th February 2008

To View:

Please contact Balgores Network Auctions on 01245 323729.

Local Authority:

Maldon District Council

01621 854477 maldon district council

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

67


LOT

76 BURNHAM-ON-CROUCH

1D QUEENS ROAD, ESSEX, CM0 8DY

GUIDE PRICE:

£95,000 - £105,000

Current Rental Value: £6,600 pa

Estimated Rental Value: £6,960 pa

Leasehold investment opportunity.

Description/Location:

A well presented and maintained, 1 bed, first floor apartment with a

long lease, currently let on Assured Shorthold Tenancy in a popular

location. There is modern electric heating/hot water system, Upvc

windows and an off street parking space. EPC rating D/70

Accommodation:

First floor: Spacious living room/ kitchen, bathroom, double bedroom.

Outside: Communal decking area and off street parking space.

Auctioneers note: We understand that the current tenant has been

renting the property for 8 years and has indicated that they wish to

continue renting the property.

Tenure:

Leasehold: Lease 125 Years from 14th February 2008

To View:

Please contact Balgores Network Auctions on 01245 323729.

Local Authority:

Maldon District Council

01621 854477 maldon district council

68

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

77 LONDON

169 WILKINSON WAY, CHISWICK, W4 5XF

GUIDE PRICE:

£295,000+

Estimated rental income £13,200 pa

Investment opportunity close to Turnham Green

tube station and Acton Central station - Vacant

Description/Location:

A modern purpose built apartment with outlooks over communal

gardens to the front and rear. The property has gas fired radiator

central heating and is a short walk from both Acton High Street and

Chiswick High Road,Turnham Green Tube Station (District and

Piccadilly Line) and Acton Central Station (Overground). EPC rating

D/66

Accommodation:

First floor: Living room, kitchen, bedroom, bathroom.

Outside: Communal gardens, off street parking and residents parking.

Tenure:

Leasehold

To View:

Please contact Rolfe East Network Auction on 020 8579 1111.

Local Authority:

London Borough of Hounslow

020 8583 5555 www.hounslow.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

69


LOT

78 STEVENAGE

13 BRADMAN WAY, HERTFORDSHIRE, SG1 5RE

GUIDE PRICE:

£225,000+

Current Rent Reserved: £17,400 pa

A modern freehold property comprising a 2

bedroom house and self contained annexe, let

producing £17,400 pa

Description/Location:

The property is situated in a private development in the upper Pin Green

area and is presented in good order. 13 Bradman Way (house) is let on

an AST for 12 months from 01/09/2015 at a rent of £800 pcm, 13a (self

contained annexe) is let on an AST for 12 months from 01/09/2015 at a

rent of £650 pcm.

Accommodation:

House

Ground Floor: Front door to entrance hall, living room, kitchen.

First Floor: Landing, 2 double bedrooms, bathroom.

Annexe: Front door, living room and kitchen area, bedroom, shower

room.

Outside: Gardens to the front and rear.

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Stevenage Borough Council

01438 242242 www.stevenage.gov.uk

70

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

79 LONDON

7 COLLEGE ROAD, KENSAL GREEN, NW10 5EL

GUIDE PRICE:

£975,000+

Development opportunity - A 4 bedroom house

with consent to convert into 2 apartments.

Further development potential subject to

planning.

Description/Location:

Brent Council planning reference: 15/0503 Demolition of existing

outbuilding, conversion of the dwelling house into 2 self-contained flats

(1 x 3bed & 1 x 2bed) to include a rear dormer window, part single

storey side to rear extension and 3 front roof lights. The property is

situated within a moment’s walk away from Kensal Green tube station,

shops, bars and restaurants are also within close proximity.

Accommodation:

Ground floor: 2 reception rooms, kitchen, side extension is currently

being used as a bedroom, wet room.

First floor: Bathroom, 3 bedrooms.

Outside: Driveway with off street parking, garage, rear garden.

Tenure:

Freehold

To View:

Please contact Grey & Co Network Auctions on 020 8903 3909.

Local Authority:

Brent Council

020 8937 1234 www.brent.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

71


LOT

80 LONDON

118 LANGTHORNE ROAD, LEYTONSTONE, E11 4HR

GUIDE PRICE:

£295,000+

Estimated rental value: £14,400 pa

A 2 bedroom ground floor flat in need of

modernisation - Vacant.

Description/Location:

The property is in an excellent location, and a short walk away from

Leyton underground station ( 0.4 miles), as well as local amenities on

the High Road.

Accommodation:

Ground floor: Living room, kitchen, bathroom, 2 bedrooms.

Tenure:

Leasehold

To View:

Please contact Balgores Network Auctions 01474 369955

Local Authority:

Waltham Forest Council

020 8496 3000 www.walthamforest.gov.uk

72

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

81 MARYPORT

15 HEATHERFIELDS, BROUGHTON MOOR, CUMBRIA,

CA15 7RN

GUIDE PRICE:

£59,000+

A freehold, 3 bedroom semi detached

house requiring refurbishment, vacant.

Description/Location:

The house provides double glazed windows, a driveway and

garage, it will benefit from internal refurbishment. Situated in a

popular village location with good access to the neighbouring

towns of Maryport, Cockermouth and Workington and close to

the picturesque Lake District and Solway coast. We refer

bidders to the Coal Authority Report dated 20 August 2015

within the legal pack.

Accommodation:

Ground Floor: Entrance hall, living room, dining room, kitchen.

First Floor: Landing, 3 bedrooms, bathroom.

Outside: Front garden and driveway to garage, rear garden.

Tenure:

Freehold

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

Cumbria County Council

01228 606060 www.cumbria.gov.uk

LOT

82 SHEFFIELD

9 CRADOCK ROAD, SOUTH YORKSHIRE, S2 2JW

GUIDE PRICE:

£70,000 - £75,000

Current Rent: £5580 pa

Estimated Rental Value: £6600 pa

A 3 bedroom, freehold semi detached

house, let producing £5580 pcm

Description/Location:

The property is situated in a popular residential location and

provides double glazed windows and off street parking. It is let

on an AST producing £465 pcm, we believe there is an

opportunity to increase the rent in line with market rates.

Accommodation:

Ground Floor: Entrance hall, cloakroom / wc, living room,

kitchen.

First Floor: Landing, 3 bedrooms, bathroom.

Outside: Gardens front and rear, driveway providing off street

parking.

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Sheffield City Council

0114 273 4567 www.sheffield.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

73


LOT

83

ST. ALBANS

117 HATFIELD ROAD, HERTFORDSHIRE, AL1 4JS

GUIDE PRICE:

£1,200,000+

Current Rent Reserved: £73,740 pa

By Order of the Receiver

Commercial investment comprising retail shops, offices and 4 x 2 bedroom flats

Description/Location:

The property comprises 3 retail units and 5 office rooms with 4 x 2 bedroom flats above totalling 4575 sq/ft (source EPC). We believe the rental

income is higher than £73,740, for confirmation please refer to the legal pack for a schedule of leases.

Tenure:

Freehold

To View:

Duncan Perry 01707 664549

No. Accommodation Lease

Term

Umar Barbers Ground floor retail unit with kitchenette and w.c. Appoximately 411 sq/ft £11,700 p.a

S Café & The Sitting

Room

Two ground floor retail units totalling approximately 828 sq/ft plus additional room of approximately 469

sq/ft

£2400 p.a.

The Studio Ground floor unit with kitchenette and w.c. Approximately 643 sq/ft £11,700 p.a

First Floor Office 1 Office of approximately 100 sq/ft £3540 p.a.

First Floor Office 2 Office of approximately 97 sq/ft VACANT

First Floor Office 3 Office of approximately 151 sq/ft £1560 p.a.

First Floor Office 4 Office of approximately 94 sq/ft VACANT

First Floor Office 5 Office of approximately 82 sq/ft £2640 p.a.

Flat C

First floor flat. Entrance hall, L shaped living room/kitchen, 2 bedrooms one with en-suite shower room,

separate bathroom

£10,500 p.a.

Flat D First floor flat. Entrance hall, kitchen, living room, utility room, 2 bedrooms, bathroom £9900 p.a.

Flat E Second floor flat. Entrance hall, living room/kitchen, 2 bedrooms, bathroom £10,200 p.a

Flat F Second floor flat. Entrance hall, living room/kitchen, 2 bedrooms, bathroom £9600

74

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

84 SHEFFIELD

101 DAGNAM ROAD, SOUTH YORKSHIRE, S2 2LB

GUIDE PRICE:

£59,000+

Current Rent: £5580 pa

A 2 bedroom, freehold mid terrace house,

let producing £5580 pa

Description/Location:

The property is situated in a popular residential area close to

Sheffield city centre, Spring Line tram link 0.2 miles. The

property is currently let on an AST producing £465 pcm.

Accommodation:

Ground Floor: Entrance hall, living room, kitchen.

First Floor: Landing, 2 bedrooms, bathroom.

Outside: Gardens to the front and rear.

Tenure:

Freehold

To View:

Please contact Elliott Network Auctions on 01923 240420

Local Authority:

Sheffield City Council

0114 273 4567 www.sheffield.gov.uk

LOT

85 ENFIELD

66 LYNDHURST GARDENS, MIDDLESEX, EN1 2AP

GUIDE PRICE:

£249,000+

A 2 bedroom ground floor maisonette with

a private garden, vacant.

Description/Location:

The property is situated in a cul-de-sac close to the town

centre, Enfield Town station 0.2 miles. The property will benefit

from modernisation.

Accommodation:

Ground Floor: Front door to entrance hall, living room, kitchen,

2 double bedrooms, bathroom.

Outside: Private rear garden.

Tenure:

Leasehold 189 years from 14/01/1955

To View:

Please contact Network Auctions on 020 7871 0420

Local Authority:

London Borough of Enfield

020 8379 1000 www.enfield.gov.uk

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

75


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DAY TWO: BIRMINGHAM

WEDNESDAY 2 MARCH 2016 at 11:00 am

the legends lounge, birmingham city football club,

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LOT

101 EDGBASTON

APARTMENT 25 BROMFORD GARDENS, 2 WESTFIELD ROAD,

BIRMINGHAM, B15 3XD

GUIDE PRICE:

£95/99,000

A Three Bedroom First Floor Apartment

Status:

Vacant Possession.

Location:

Westfield Road runs from Hagley Road (A456) to Augustus

Road/Woodbourne Road. The Five Ways business and entertainment

district is around 1.3 miles away and The Botanical Gardens are a

similar distance.

Description:

Bromford Gardens is a development off Westfield Road, close to Five

Ways, and the property is a very spacious apartment set in attractive

well tended mainly lawned grounds.

Accommodation:

The accommodation is gas centrally heated and includes an entrance

hall, spacious lounge, kitchen, bathroom, separate wc and three

bedrooms.

A particular feature of the apartment is the balcony which can be

approached from the lounge or kitchen and which overlooks the

gardens.

Bromford Gardens has a gated entry and secure parking areas for

residents.

EPC rating: C 80.

Tenure:

The property is leasehold for a 99 year term from 25/3/1975. There are

therefore around 58 years unexpired. The current ground rent is £45 per

annum.

Completion:

Completion is required twenty working days after exchange of

contracts.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

79


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LOT

102 KINGSTANDING

574 KINGSTANDING ROAD, BIRMINGHAM, B44 9SD

GUIDE PRICE:

£80/90,000

Freehold Commercial Investment - Retail

Premises with first floor accommodation over

Status:

The property is let on a full FR&I lease that commenced on 24/3/2011 at

a rent of £8,000 per annum. The tenant is 'holding over' and the rent

account is currently fully up to date.

Location:

The property is prominently situated fronting the busy Kingstanding

Road (B4138) at the corner with Tresham Road. This position is roughly

half way between Hawthorn Road and Kingstanding Circle.

Description:

The property is a retail unit which to the ground floor includes a

reception/retail area, rear room, store room, kitchen area and wc. To

the first floor there is a landing, three rooms and bathroom.

The property is double glazed and the 'Total Useful Floor Area' is 134

sq.m/1,442 sq.ft (source - EPC).

To the front of the property there is a forecourt and to the rear there is a

garden/yard which offers parking space and provides space for the

erection of a garage. The rear is approached by a gated driveway off

Tresham Road.

The tenant trades as Rattlesnake Canyon and a description of its

operation can be found at www.rattlesnakecanyon.org.uk.

The current Rateable Value is £4,000.

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

80

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


LOT

103 BROMSGROVE

60 & 203 PENNINE ROAD, WORCESTERSHIRE, B61 0TE

GUIDE PRICE:

£6,000

Freehold Ground Rent Investment - Parcel of 2

Location:

Pennine Road is around a mile north of Bromsgrove town centre and

lies off Stourbridge Road (B4091).

Description:

Two freehold ground rent investments secured on mid town houses.

The upper photograph is house number 203 and the lower is house

number 60.

The buyer's administration fee for this lot is reduced to £250 plus vat.

Tenure:

Freehold - subject to leases for a term of 99 years from 25th March

1973.

The unexpired terms are approximately 56 years.

The current ground rents are £52.50 per annum, rising to £70 per

annum in 2039.

The ground rent management of these properties is currently

undertaken by Pennycuick Collins and the rent accounts are all up to

date.

Completion:

Completion is required twenty working days after exchange of

contracts.

LOT

104 BROMSGROVE

93, 107 & 115 PENNINE ROAD, WORCESTERSHIRE, B61 0TG

GUIDE PRICE:

£10,500

Freehold Ground Rent Investment - Parcel of 3

Location:

Pennine Road is around a mile north of Bromsgrove town centre and

lies off Stourbridge Road (B4091).

Description:

Three freehold ground rent investments secured on semi detached

houses.

The upper photograph is house number 93 and the lower is house

number 115.

The buyer's administration fee for this lot is reduced to £375 plus vat.

Tenure:

Freehold - subject to leases for a term of 99 years from 25th March

1973.

The unexpired terms are approximately 56 years.

The current ground rents are £52.50 per annum, rising to £70 per

annum in 2039.

The ground rent management of these properties is currently

undertaken by Pennycuick Collins and the rent accounts are all up to

date.

Completion:

Completion is required twenty working days after exchange of

contracts.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

81


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LOT

105 HARBORNE

9 PEREIRA ROAD, BIRMINGHAM, B17 9JG

GUIDE PRICE:

£200,000+

Assured Tenancy Investment - Freehold

Status:

The property is being offered for sale subject to an Assured Tenancy

which was created on 1/8/2004.

The current rent of £575 per month was set on 1/6/2014 and can next

be reviewed on 1/6/2016.

This type of tenancy gives the tenant 'security of tenure', but no right of

succession, and is subject to a 'market rent'.

Location:

Pereira Road links Margaret Grove with Gillhurst Road and runs parallel

with Ravenhurst Road.

This is a very highly regarded and well established area and is around

half a mile from Harborne High Street.

Description:

The property is a traditional semi detached house that falls within a

premier residential area and offers accommodation to include a canopy

porch, entrance hall, two reception rooms, kitchen, three bedrooms and

bathroom.

There is a front garden with driveway to a side garage and a very good

size rear garden which backs onto Pereira Road Allotments and Chad

Brook.

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

83


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LOT

106 STOURBRIDGE

8 WEST STREET, WEST MIDLANDS, DY8 1XN

GUIDE PRICE:

£95,000+

Freehold AST Investment

Status:

The property is offered for sale subject to an Assured Shorthold

Tenancy.

The property was let to the current tenants on 1/11/2003 and the current

rent is £450 per month.

The tenancy is very well conducted and a rent statement will be

included in the legal pack.

Location:

Falling within a very pleasant locality known as Stourbridge's Old

Quarter the property is situated on West Street which links Green Street

and Bridgnorth Road.

Stourbridge town centre is within around 0.4 of a mile and Stourbridge

Town railway station is within around 0.6 of a mile.

Description:

The property is a traditional terraced house with gas central heating and

double glazing.

Accommodation:

Ground Floor: Lounge/dining room, kitchen, utility area

First Floor: Landing, 2 bedrooms, bathroom

Outside: There is a garden to the rear

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

84

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE


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LOT

107 MOSELEY

3 REGAN HOUSE, CHARLECOTT CLOSE, BIRMINGHAM, B13 0DE

GUIDE PRICE:

£80,000+

Spacious unmodernised two bedroom first floor

flat in quiet cul-de-sac position - 98 year lease

Status:

Vacant Possession.

Location:

Charlecott Close is a very pleasant cul-de-sac off The Hurst which lies

off Brook Lane (A4040) between its junctions with Sarehole Road and

Yardley Wood Road. This locale is in the fringe of Moseley, between

Kings Heath and Hall Green.

Description:

3 Regan House is a first floor flat in a low rise purpose built block and is

surrounded by well tended mainly lawned grounds. There is a residents'

parking area. The accommodation requires modernisation and has

double glazing throughout and storage heaters.

Accommodation:

Approach: There is a ground floor entrance lobby with security door

entry system and staircase off.

Accommodation: The flat is a good size and includes an entrance hall

(with stores off), spacious lounge, kitchen, two good size bedrooms

and bathroom.

Balcony: A particular feature of the accommodation are the balconies

off the lounge and kitchen which look over the well tended gardens and

grounds.

Tenure:

The flat is leasehold for a term of 125 years from 25/10/1988 subject to

a current ground rent of £100 per annum.

The unexpired term is therefore approximately 98 years.

Completion:

Completion is required twenty working days after exchange of

contracts.

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

85


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LOT

108 STOURBRIDGE

44 VALLEY ROAD, LYE, WEST MIDLANDS, DY9 8JE

GUIDE PRICE:

£50,000+

A Freehold Terraced House in need of Full

Refurbishment

Status:

Vacant Possession.

Location:

Valley Road can be approached from either Vicarage Road or

Providence Street. The property is a short walk from Lye High Street

and just under two miles east of Stourbridge town centre.

Description:

The property is a traditionally styled terraced house that is in need of

modernisation and improvement. The Auctioneers estimate that

following refurbishment the property will have a letting value of around

£550 per month (£6,600 per annum).

Accommodation:

Ground Floor: Entrance hall, 2 reception rooms, kitchen.

First Floor: Landing, 2 bedrooms, bathroom.

Outside: Front garden, rear garden (approx 65 ft depth).

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

Viewing/Enquiries

Surelock Network Auctions 0121 400 7980

GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE

87


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LOT

109

GREAT BARR

MONTANA, 15 BOSCOBEL ROAD, BIRMINGHAM, B43 6BB

GUIDE PRICE:

£230/240,000

A Quite Remarkable Individual Family House

overlooking Red House Park & Lake

Status:

Vacant Possession - FREEHOLD.

Location:

Boscobel Road forms part of the highly popular Grove Vale area of

Great Barr and adjoins Red House Park. It can be approached from

Packwood Drive which lies off Longleat and Monksfield Avenue.

Description:

The property is known as Montana and was designed in 1966. The

property is unique and architecturally fascinating and in 1967 had the

distinction of being named Daily Mail House of the Year (the Ideal

Homes publication that contained this award has been lost although

the seller is attempting to locate a copy).

Montana offers four bedroom accommodation and occupies a quite

superb south west facing position adjoining Red House Park & Lake

with stunning views over both. There are numerous interesting features,

including a Parana Pine cantilever staircase and interior doors.

Accommodation:

Montana has carefully planned accommodation over two floors with the

upper floor at roadway level and the lower floor at park level.

To the upper level there is a covered entrance with glass porch, hall

(with guests' cloaks), kitchen, dining room, lounge with conservatory

and principal bedroom with dressing room and en-suite bathroom.

To the lower floor there are three further bedrooms, bathroom and

laundry room.

To the front of the house there is a driveway leading to the garage and

to the rear there is a garden bordering the park with a spiral staircase to

the upper floor, terracing and barbecue.

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109

GREAT BARR

MONTANA, 15 BOSCOBEL ROAD, BIRMINGHAM, B43 6BB

GUIDE PRICE:

£230/240,000

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110 DUDLEY

31 OCCUPATION STREET, WEST MIDLANDS, DY1 2RF

GUIDE PRICE:

£65,000+

Freehold AST Investment

Status:

The property is offered for sale subject to an Assured Shorthold

Tenancy.

The property was let to the current tenants on 22/9/2011 and the current

rent is £500 per month.

The current tenants have been in occupation since 2011 and the

tenancy is well conducted.

Location:

The property is situated on Occupation Street close to its junction with

Whitehall Drive.

The property is close to Grange Park and within easy walking distance

of Castle High School and Dudley College.

Description:

The property is a traditional terraced house with gas central heating and

double glazing.

Accommodation:

Ground Floor: Lounge, re-fitted kitchen incorporating dining area

First Floor: Landing, 2 bedrooms, bathroom

Outside: There are gardens to both front and rear

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

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LOT

111 WOLVERHAMPTON

GARAGES AT DEAN'S ROAD, WEST MIDLANDS, WV1 2BH

GUIDE PRICE:

£150,000

A Freehold Site with 37 recently built garages

Location:

Dean's Road lies off Willenhall Road (A454) around two miles east of

Wolverhampton city centre.

The driveway to the site is between house numbers 72 & 72A Dean's

Road close to Deansfield Community School.

Description:

A substantial freehold site offering thirty seven high quality garages of

which currently thirty six are let. The title includes the driveway and

forecourt.

Twenty four of the garages are let at £39.00 per month and twelve are

let at £34.66 per month.

The total current rent is therefore £1,351.92 per month which is

£16,223.04 per annum.

This figure will rise to £17,316 per annum when the void garage is let

and the rents are uniformed at £39 per month.

Deposits are held for all the lettings and a rent schedule is included in

the legal pack.

The site can be viewed by arrangement with the auctioneers at 0121-

456-1700.

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

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91


LOT

112 BIRMINGHAM

162-166 YARDLEY ROAD, ACOCKS GREEN, B27 6LR

GUIDE PRICE:

£425/450,000

Freehold Mixed Investment Property comprising

a Car Repair Garage & Six Self Contained Flats

- Currently Producing £46,320 per annum

Location:

The property is prominently situated at the corner of Yardley Road and

Francis Road around half a mile from The Swan and around a third of a

mile from Acocks Green railway station.

Description:

The property occupies a very prominent position fronting Yardley Road

and comprises a car repair garage that is let on a lease dated 1/9/2014

for a five year term at a rent of £15,000 per annum.

The residential element of the property is an attractive building which

has been converted to form six self contained flats. Flats 1 to 4 are all

let on ASTs at £415 per month under a scheme funded by Birmingham

City Council. Flat 1 is a one bedroom ground floor flat and flats 2 to 4

are one bedroom first floor flats.

Flat 5 is a second floor one bedroom flat that is let on an AST at £475

per month and Flat 6 is a second floor one bedroom flat that is let on an

AST at £475 per month.

The rent for the six flats equates to £2,610 per month which is £31,320

per annum.

There may be potential for the creation of additional residential

accommodation at first floor level above the garage.

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

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113 SHELDON

105 SHELDONFIELD ROAD, BIRMINGHAM, B26 3RP

GUIDE PRICE:

£12/14,000

Freehold Ground Rent Investment

Location:

The property is situated on Sheldonfield Road near its junction with

Olorenshaw Road.

Description:

A freehold ground rent investment secured on a traditional semi

detached house.

The buyer's administration fee for this lot is £500 plus vat.

Tenure:

Freehold - subject to a lease for a term of 99 years from 25th December

1946.

The unexpired term is therefore just less than 30 years.

The ground rent is £10 per annum.

The ground rent management of this property is currently undertaken

by Pennycuick Collins.

Completion:

Completion is required twenty working days after exchange of

contracts.

LOT

114 HARBORNE

DRIVEWAY AND LAND ADJACENT TO 141 LORDSWOOD ROAD,

BIRMINGHAM, B17 9BL

GUIDE PRICE:

£1,000+

Freehold Driveway, Forecourt and Land

Location:

The driveway is to the right hand side of 141 Lordswood Road which is

close to the junction with Carless Avenue in what is a very popular and

highly regarded suburb of Birmingham.

Description:

The lot comprises land to include a driveway and garage forecourt.

The driveway fronts Lordswood Road, between numbers 141 & 139,

and runs approximately 177 feet (54 metres) along the north east

boundary of house number 139.

The driveway serves the garages that lie off it, but may have access

potential leading to development subject to planning consent.

The lot includes amenity land off Lordswood Road and Carless Avenue.

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

All enquiries should be directed to the auctioneers' Birmingham office at

0121-456-1700.

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115 WORDSLEY

49 JOHN STREET, STOURBRIDGE, WEST MIDLANDS, DY8 5YS

GUIDE PRICE:

£90,000+

Freehold AST Investment

Status:

The property is offered for sale subject to an Assured Shorthold

Tenancy.

The property was let to the current tenants on 24/7/1996 and the current

rent is £460 per month.

The current tenants have been in occupation since 1996 and the

tenancy is well conducted.

Location:

The property is situated on John Street which links Bridge Street with

Brook Street, both of which lead off Camp Hill.

Wordsley is a highly regarded 'village' around 1.4 miles north of

Stourbridge.

Description:

The property is a traditional terraced house with gas central heating and

double glazing.

Accommodation:

Ground Floor: Lounge/dining room, kitchen, utility area

First Floor: Landing, 2 bedrooms, bathroom

Outside: There is a garden to the rear

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

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116 BILSTON

60 DAISY STREET, WOLVERHAMPTON, WV14 8QQ

GUIDE PRICE:

£50,000+

Freehold Three Bedroom Semi Detached House

Status:

Vacant Possession.

Location:

The property is situated on Daisy Street opposite its junction with

Fieldview Close.

The property is around 0.6 of a mile from Coseley Railway Station and

around 1.4 miles south of Bilston town centre and the Black Country

Route.

Description:

The property falls within a well established residential area and

comprises a traditionally styled semi detached house that has been

extended and that has a side garage.

The property benefits from gas radiator central heating and double

glazing and is in need of some repair.

There is a driveway to the front offering additional off-road parking

space.

Accommodation:

Ground Floor: Fully enclosed porch, entrance hall, front reception

room, rear reception room, extended kitchen.

First Floor: Landing, three bedrooms, bathroom.

Outside: The front garden provides parking space and there is a very

good size rear garden with patio and garden store.

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

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117 SPARKHILL

27 WOODLANDS ROAD, BIRMINGHAM, B11 4EH

GUIDE PRICE:

£275/285,000

A very spacious detached house with significant

extension potential in sought after area

Status:

Vacant Possession - FREEHOLD.

Location:

Woodlands Road falls within a highly sought after area and lies off

Yardley Wood Road close to its junctions with Showell Green Lane and

Belle Walk. Sparkhill Park and the wide array of retail and other services

on Stratford Road are close at hand.

Description:

The property is a traditionally styled detached family house that offers

exceptionally spacious accommodation and potential to extend

(subject to planning consent).

There are three reception rooms and three large bedrooms and a

feature of the accommodation is the size of the lounge that overlooks

the garden.

In addition to the internal accommodation there is a driveway providing

plenty of off-road parking space.

Accommodation:

Ground Floor: Canopy porch, impressive entrance hallway, three

reception rooms, kitchen, pantry, wc

First Floor: Landing, 3 double bedrooms, bathroom with corner bath,

separate wc

Outside: To the front of the property there is a driveway offering ample

parking space and leading to a side garage. To the rear there is a

paved patio and lawned garden

Completion:

Completion is required twenty working days after exchange of

contracts.

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118 BIRMINGHAM

401A WARWICK ROAD, TYSELEY, WEST MIDLANDS, B11 2JR

GUIDE PRICE:

£46/50,000

First Floor Flat let on an AST - 113 year lease

Location:

The flat forms part of a purpose built block facing Warwick Road from

the front and facing Weston Lane to the rear.

Description:

A first floor flat let on an Assured Shorthold Tenancy at £375 per month

(£4,500 per annum).

The letting commenced on 14/6/2013 and the rent account is well

conducted. The letting is managed by Nicholas George Letting Agents

based in Moseley.

In addition there is a garage that is let separately at £30 per month

(£360 per annum).

Total rental income is £4,860 per annum.

Accommodation:

The block has a gated approach off Weston Lane leading to a mainly

lawned communal garden with drying area.

The flat offers an entrance hall, lounge, kitchen, one double bedroom

and bathroom with shower.

Tenure:

The property is leasehold for a term of 125 years from 25/3/2004 at a

ground rent of £50 per half year.

The unexpired term is approximately 113 years.

Completion:

Completion is required twenty working days after exchange of

contracts.

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119 BIRMINGHAM

401B WARWICK ROAD, TYSELEY, WEST MIDLANDS, B11 2JR

GUIDE PRICE:

£46/50,000

Second Floor Flat let on an AST: 113 year lease

Location:

The flat forms part of a purpose built block facing Warwick Road from

the front and facing Weston Lane to the rear.

Description:

A second floor flat let on an Assured Shorthold Tenancy at £375 per

month (£4,500 per annum).

The letting commenced on 24/8/2015 and the rent account is well

conducted. The letting is managed by Nicholas George Letting Agents

based in Moseley.

There is a garage, fronting Weston Lane, that is included in the lease

but that is not included in the AST letting. This garage could be let

separately to generate additional rental income and the Auctioneers'

estimate that the rental value is around £10 per week (£520 per

annum). Alternatively the garage could be sold individually to generate

a capital sum.

Accommodation:

The block has a gated approach off Weston Lane leading to a mainly

lawned communal garden with drying area.

The flat offers an entrance hall, lounge, kitchen, one double bedroom

and bathroom with shower.

Tenure:

The property is leasehold for a term of 125 years from 25/3/2004 at a

ground rent of £50 per half year.

The unexpired term is approximately 113 years.

Completion:

Completion is required twenty working days after exchange of

contracts.

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120 BIRMINGHAM

405A WARWICK ROAD, TYSELEY, WEST MIDLANDS, B11 2JR

GUIDE PRICE:

£46/50,000

First Floor Flat let on an AST - 113 year lease

Location:

The flat forms part of a purpose built block facing Warwick Road from

the front and facing Weston Lane to the rear.

Description:

A first floor flat let on an Assured Shorthold Tenancy at £365 per month

(£4,380 per annum).

The letting commenced on 22/6/2012 and the rent account is well

conducted. The letting is managed by Nicholas George Letting Agents

based in Moseley.

There is a garage, fronting Weston Lane, that is included in the lease

but that is not included in the AST letting. This garage could be let

separately to generate additional rental income and the Auctioneers'

estimate that the rental value is around £10 per week (£520 per

annum). Alternatively the garage could be sold individually to generate

a capital sum.

Accommodation:

The block has a gated approach off Weston Lane leading to a mainly

lawned communal garden with drying area.

The flat offers an entrance hall, lounge, kitchen, one double bedroom

and bathroom with shower.

Tenure:

The property is leasehold for a term of 125 years from 25/3/2004 at a

ground rent of £50 per half year.

The unexpired term is approximately 113 years.

Completion:

Completion is required twenty working days after exchange of

contracts.

100

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121 BIRMINGHAM

409A WARWICK ROAD, TYSELEY, WEST MIDLANDS, B11 2JR

GUIDE PRICE:

£56/60,000

First Floor Flat let on an AST - 113 year lease

Location:

The flat forms part of a purpose built block facing Warwick Road from

the front and facing Weston Lane to the rear.

Description:

A first floor flat let on an Assured Shorthold Tenancy at £395 per month

(£4,740 per annum).

The letting commenced on 30/8/2013 and the rent account is well

conducted. The letting is managed by Nicholas George Letting Agents

based in Moseley.

There is a garage, fronting Weston Lane, that is included in the lease

but that is not included in the AST letting. This garage could be let

separately to generate additional rental income and the Auctioneers'

estimate that the rental value is around £10 per week (£520 per

annum). Alternatively the garage could be sold individually to generate

a capital sum.

Accommodation:

The block has a gated approach off Weston Lane leading to a mainly

lawned communal garden with drying area.

The flat offers an entrance hall, lounge, kitchen, two bedrooms and

bathroom with shower.

Tenure:

The property is leasehold for a term of 125 years from 25/3/2004 at a

ground rent of £50 per half year.

The unexpired term is approximately 113 years.

Completion:

Completion is required twenty working days after exchange of

contracts.

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122 HALESOWEN

31 ATTWOOD STREET, WEST MIDLANDS, B63 3UE

GUIDE PRICE:

£90,000+

Freehold AST Investment

Status:

The property is offered for sale subject to an Assured Shorthold

Tenancy.

The property was let to the current tenants on 3/10/2003 and the current

rent is £480 per month.

The tenancy is very well conducted and a rent statement will be

included in the legal pack.

Location:

The property is situated close to the junction of Attwood Street and

Short Street.

Halesowen town centre is around a ten minute walk away and Windsor

High School is around a five minute walk away.

Description:

The property is a traditional terraced house with gas central heating and

double glazing.

Accommodation:

Ground Floor: Lounge, kitchen

First Floor: Landing, 2 bedrooms, bathroom

Outside: There is a patio area to the rear

Tenure:

Freehold.

Completion:

Completion is required twenty working days after exchange of

contracts.

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LOT

123 SMETHWICK

151 ROLFE STREET, WEST MIDLANDS, B66 2AU

GUIDE PRICE:

Refer to Auctioneers

Freehold restaurant/dining hall and bar, set over 4 floors. Possible development potential (STPP)

Vacant Possession.

Description:

A prominently positioned freehold building with extensive accommodation over three floors as shown

beneath. There is a separate entrance for the first and second floor accommodation offering flexibility

of use.

The property has been used as a restaurant and banqueting hall and has two bars, party hall, dance

stage and basement bar.

Accommodation:

Basement: Bar and hall (capacity 50).

Ground Floor: Bar and restaurant (capacity 100).

First Floor: Party hall with bar and dance stage (capacity 80).

First Floor Acc: Living room, kitchen, bathroom, 3 bedrooms.

Second Floor: Lounge, kitchen, 2 bathrooms, 3 bedrooms.

Tenure: Freehold.

Location:

The property occupies a prominent position

at the corner of Rolfe Street and Bridge

Street South. Smethwick Rolfe Street

railway station is a short walk away and is

on the Birmingham New Street (6 minutes)

to Wolverhampton (19 minutes) line.

Completion:

Completion is required twenty working days

after exchange of contracts.

Viewing/Enquiries:

Please contact Fairview Network

Auctions on 0203 011 0177

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103


COMMON AUCTION CONDITIONS

INTRODUCTION

The Common Auction Conditions have been produced for

real estate auctions in England and Wales to set a common

standard across the industry. They are in three sections:

Glossary

The glossary gives special meanings to certain words used in

both sets of conditions.

Auction Conduct Conditions

The Auction Conduct Conditions govern the relationship

between the auctioneer and anyone who has a catalogue, or

who attends or bids at the auction. They cannot be changed

without the auctioneer’s agreement.

We recommend that these conditions are set out in a two-part

notice to bidders in the auction catalogue, part one containing

advisory material – which auctioneers can tailor to their needs

– and part two the auction conduct conditions.

Sale Conditions

The Sale Conditions govern the agreement between each

seller and buyer. They include general conditions of sale and

template forms of special conditions of sale, tenancy and

arrears schedules and a sale memorandum.

Important Notice

A prudent buyer will, before bidding for a lot at an auction:

• Take professional advice from a conveyancer and, in

appropriate cases, a chartered surveyor and an accountant;

• Read the conditions;

• Inspect the lot;

• Carry out usual searches and make usual enquiries;

• Check the content of all available leases and other

documents relating to the lot;

• Check that what is said about the lot in the catalogue is

accurate;

• Have finance available for the deposit and purchase price;

• Check whether VAT registration and election is advisable;

The conditions assume that the buyer has acted like a

prudent buyer.

If you choose to buy a lot without taking these normal

precautions you do so at your own risk.

GLOSSARY

This glossary applies to the auction conduct conditions and

the sale conditions.

Wherever it makes sense:

• singular words can be read as plurals, and plurals as

singular words;

• a “person” includes a corporate body;

• words of one gender include the other genders;

• references to legislation are to that legislation as it may

have been modified or re-enacted by the date of the auction

or the contract date (as applicable); and

• where the following words printed in bold black type appear

in bold green type they have the specified meanings.

Actual Completion Date

The date when completion takes place or is treated as taking

place for the purposes of apportionment and calculating interest.

Addendum

An amendment or addition to the conditions or to the

particulars or to both whether contained in a supplement to

the catalogue, a written notice from the auctioneers or an

oral announcement at the auction.

Agreed Completion Date

Subject to condition G9.3:

(a) the date specified in the special conditions; or

(b) if no date is specified, 20 business days after the

contract date; but if that date is not a business day the

first subsequent business day.

Approved Financial Institution

Any bank or building society that has signed up to the Banking

Code or Business Banking Code or is otherwise acceptable to

the auctioneers.

Arrears

Arrears of rent and other sums due under the tenancies and

still outstanding on the actual completion date.

Arrears Schedule

The arrears schedule (if any) forming part of the special

conditions.

Auction

The auction advertised in the catalogue.

Auction Conduct Conditions

The conditions so headed, including any extra auction

conduct conditions.

Auctioneers

The auctioneers at the auction.

Business Day

Any day except (a) a Saturday or a Sunday; (b) a bank holiday

in England and Wales; or (c) Good Friday or Christmas Day.

Buyer

The person who agrees to buy the lot or, if applicable, that

person’s personal representatives: if two or more are jointly the

buyer their obligations can be enforced against them jointly or

against each of them separately.

Catalogue

The catalogue to which the conditions refer including any

supplement to it.

Completion

Unless otherwise agreed between seller and buyer (or their

conveyancers) the occasion when both seller and buyer have

complied with their obligations under the contract and the

balance of the price is unconditionally received in the seller’s

conveyancer’s client account.

Condition

One of the auction conduct conditions or sales conditions.

Contract

The contract by which the seller agrees to sell and the buyer

agrees to buy the lot.

Contract Date

The date of the auction or, if the lot is not sold at the auction:

(a) the date of the sale memorandum signed by both the

seller and buyer; or

(b) if contracts are exchanged, the date of exchange. If

exchange is not effected in person or by an irrevocable

agreement to exchange made by telephone, fax or

electronic mail the date of exchange is the date on which

both parts have been signed and posted or otherwise

placed beyond normal retrieval.

Documents

Documents of title (including, if title is registered, the entries on

the register and the title plan) and other documents listed or

referred to in the special conditions relating to the lot.

Financial Charge

A charge to secure a loan or other financial indebtedness (not

including a rent charge).

General Conditions

That part of the sale conditions so headed, including any

extra general conditions.

Interest Rate

If not specified in the special conditions, 4% above the base

rate from time to time of Barclays Bank plc. (The interest rate

will also apply to judgment debts, if applicable.)

Lot

Each separate property described in the catalogue or (as the

case may be) the property that the seller has agreed to sell

and the buyer to buy (including chattels, if any).

Old Arrears

Arrears due under any of the tenancies that are not “new

tenancies” as defined by the Landlord and Tenant (Covenants)

Act 1995.

Particulars

The section of the catalogue that contains descriptions of

each lot (as varied by any addendum).

Practitioner

An insolvency practitioner for the purposes of the Insolvency

Act 1986 (or, in relation to jurisdictions outside the United

Kingdom, any similar official).

Price

The price that the buyer agrees to pay for the lot.

Ready to Complete

Ready, willing and able to complete: if completion would

enable the seller to discharge all financial charges secured

on the lot that have to be discharged by completion, then

those outstanding financial charges do not prevent the seller

from being ready to complete.

Sale Conditions

The general conditions as varied by any special conditions

or addendum.

Sale Memorandum

The form so headed (whether or not set out in the catalogue)

in which the terms of the contract for the sale of the lot are

recorded.

Seller

The person selling the lot. If two or more are jointly the seller

their obligations can be enforced against them jointly or

against each of them separately.

Special Conditions

Those of the sale conditions so headed that relate to the lot.

Tenancies

Tenancies, leases, licences to occupy and agreements for

lease and any documents varying or supplemental to them.

Tenancy Schedule

The tenancy schedule (if any) forming part of the special

conditions.

Transfer

Transfer includes a conveyance or assignment (and “to

transfer” includes “to convey” or “to assign”).

TUPE

The Transfer of Undertakings (Protection of Employment)

Regulations 2006.

VAT

Value Added Tax or other tax of a similar nature.

VAT Option

An option to tax.

We (and us and our)

The auctioneers.

You (and your)

Someone who has a copy of the catalogue or who attends or

bids at the auction, whether or not a buyer.

AUCTION CONDUCT CONDITIONS

A1 Introduction

A1.1 Words in bold green type have special meanings,

which are defined in the Glossary.

A1.2 The catalogue is issued only on the basis that you

accept these auction conduct conditions. They

govern our relationship with you and cannot be

disapplied or varied by the sale conditions (even by

a condition purporting to replace the whole of the

Common Auction Conditions). They can be varied only

if we agree.

A2 Our role

A2.1 As agents for each seller we have authority to:

(a) prepare the catalogue from information supplied

by or on behalf of each seller;

(b) offer each lot for sale;

(c) sell each lot;

(d) receive and hold deposits;

(e) sign each sale memorandum; and

(f) treat a contract as repudiated if the buyer fails

to sign a sale memorandum or pay a deposit as

required by these auction conduct conditions.

A2.2 Our decision on the conduct of the auction is final.

A2.3 We may cancel the auction, or alter the order in which

lots are offered for sale. We may also combine or

divide lots. A lot may be sold or withdrawn from sale

prior to the auction.

A2.4 You acknowledge that to the extent permitted by law

we owe you no duty of care and you have no claim

against us for any loss.

A3 Bidding and reserve prices

A3.1 All bids are to be made in pounds sterling exclusive of

any applicable VAT.

A3.2 We may refuse to accept a bid. We do not have to

explain why.

A3.3 If there is a dispute over bidding we are entitled to

resolve it, and our decision is final.

A3.4 Unless stated otherwise each lot is subject to a reserve

price (which may be fixed just before the lot is offered

for sale). If no bid equals or exceeds that reserve price

the lot will be withdrawn from the auction.

A3.5 Where there is a reserve price the seller may bid (or

ask us or another agent to bid on the seller’s behalf)

up to the reserve price but may not make a bid equal

to or exceeding the reserve price. You accept that it is

possible that all bids up to the reserve price are bids

made by or on behalf of the seller.

A3.6 Where a guide price (or range of prices) is given that

guide is the minimum price at which, or range of prices

within which, the seller might be prepared to sell at the

date of the guide price. But guide prices may change.

The last published guide price will normally be at or above

any reserve price, but not always – as the seller may fix

the final reserve price just before bidding commences.

A4 The particulars and other information

A4.1 We have taken reasonable care to prepare particulars

that correctly describe each lot. The particulars are

based on information supplied by or on behalf of the

seller. You need to check that the information in the

particulars is correct.

A4.2 If the special conditions do not contain a description

of the lot, or simply refer to the relevant lot number,

you take the risk that the description contained in

the particulars is incomplete or inaccurate, as the

particulars have not been prepared by a conveyancer

and are not intended to form part of a legal contract.

A4.3 The particulars and the sale conditions may change

prior to the auction and it is your responsibility to

check that you have the correct versions.

A4.4 If we provide information, or a copy of a document,

provided by others we do so only on the basis that we

are not responsible for the accuracy of that information

or document.

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A5 The contract

A5.1 A successful bid is one we accept as such (normally

on the fall of the hammer). This condition A5 applies

to you if you make the successful bid for a lot.

A5.2 You are obliged to buy the lot on the terms of the

sale memorandum at the price you bid plus VAT (if

applicable).

A5.3 You must before leaving the auction:

(a) provide all information we reasonably need

from you to enable us to complete the sale

memorandum (including proof of your identity if

required by us);

(b) sign the completed sale memorandum; and

(c) pay the deposit.

A5.4 If you do not we may either:

(a) as agent for the seller treat that failure as your

repudiation of the contract and offer the lot for

sale again: the seller may then have a claim

against you for breach of contract; or

(b) sign the sale memorandum on your behalf.

A5.5 The deposit:

(a) is to be held as stakeholder where VAT would be

chargeable on the deposit were it to be held as

agent for the seller, but otherwise is to be held as

stated in the sale conditions; and

(b) must be paid in pounds sterling by cheque or

by bankers’ draft made payable to us on an

approved financial institution. The extra auction

conduct conditions may state if we accept any

other form of payment.

A5.6 We may retain the sale memorandum signed by

or on behalf of the seller until the deposit has been

received in cleared funds.

A5.7 If the buyer does not comply with its obligations under

the contract then:

(a) you are personally liable to buy the lot even if you

are acting as an agent; and

(b) you must indemnify the seller in respect of any

loss the seller incurs as a result of the buyer’s

default.

A5.8 Where the buyer is a company you warrant that the

buyer is properly constituted and able to buy the lot.

A6 Extra auction conduct conditions

A6.1 Despite any special condition to the contrary the

minimum deposit we accept is £2000 (or the total

price, if less). A special condition may, however,

require a higher minimum deposit.

GENERAL CONDITIONS OF SALE

Words in bold green type have special meanings,

which are defined in the Glossary.

The general conditions (including any extra general

conditions) apply to the contract except to the extent that they

are varied by special conditions or by an addendum.

G1. The lot

G1.1 The lot (including any rights to be granted or reserved,

and any exclusions from it) is described in the special

conditions, or if not so described the lot is that

referred to in the sale memorandum.

G1.2 The lot is sold subject to any tenancies disclosed

by the special conditions, but otherwise with vacant

possession on completion.

G1.3 The lot is sold subject to all matters contained or

referred to in the documents, but excluding any

financial charges: these the seller must discharge on

or before completion.

G1.4 The lot is also sold subject to such of the following

as may affect it, whether they arise before or after the

contract date and whether or not they are disclosed

by the seller or are apparent from inspection of the lot

or from the documents:

(a) matters registered or capable of registration as

local land charges;

(b) matters registered or capable of registration by

any competent authority or under the provisions

of any statute;

(c) notices, orders, demands, proposals and

requirements of any competent authority;

(d) charges, notices, orders, restrictions, agreements

and other matters relating to town and country

planning, highways or public health;

(e) rights, easements, quasi-easements, and

wayleaves;

(f) outgoings and other liabilities;

(g) any interest which overrides, within the meaning of

the Land Registration Act 2002;

(h) matters that ought to be disclosed by the

searches and enquiries a prudent buyer would

make, whether or not the buyer has made them;

and

(i) anything the seller does not and could not

reasonably know about.

G1.5 Where anything subject to which the lot is sold would

expose the seller to liability the buyer is to comply

with it and indemnify the seller against that liability.

G1.6 The seller must notify the buyer of any notices,

orders, demands, proposals and requirements of

any competent authority of which it learns after the

contract date but the buyer must comply with them

and keep the seller indemnified.

G1.7 The lot does not include any tenant’s or trade fixtures

or fittings.

G1.8 Where chattels are included in the lot the buyer takes

them as they are at completion and the seller is not

liable if they are not fit for use.

G1.9 The buyer buys with full knowledge of:

(a) the documents, whether or not the buyer has

read them; and

(b) the physical condition of the lot and what could

reasonably be discovered on inspection of it,

whether or not the buyer has inspected it.

G1.10 The buyer is not to rely on the information contained

in the particulars but may rely on the seller’s

conveyancer’s written replies to preliminary enquiries to

the extent stated in those replies.

G2. Deposit

G2.1 The amount of the deposit is the greater of:

(a) any minimum deposit stated in the auction

conduct conditions (or the total price, if this is

less than that minimum); and

(b) 10% of the price (exclusive of any VAT on the

price).

G2.2 The deposit

(a) must be paid in pounds sterling by cheque or

banker’s draft drawn on an approved financial

institution (or by any other means of payment

that the auctioneers may accept); and

(b) is to be held as stakeholder unless the auction

conduct conditions provide that it is to be held

as agent for the seller.

G2.3 Where the auctioneers hold the deposit as

stakeholder they are authorised to release it (and

interest on it if applicable) to the seller on completion

or, if completion does not take place, to the person

entitled to it under the sale conditions.

G2.4 If a cheque for all or part of the deposit is not cleared

on first presentation the seller may treat the contract

as at an end and bring a claim against the buyer for

breach of contract.

G2.5 Interest earned on the deposit belongs to the seller

unless the sale conditions provide otherwise.

G3. Between contract and completion

G3.1 Unless the special conditions state otherwise, the

seller is to insure the lot from and including the

contract date to completion and:

(a) produce to the buyer on request all relevant

insurance details;

(b) pay the premiums when due;

(c) if the buyer so requests, and pays any additional

premium, use reasonable endeavours to increase

the sum insured or make other changes to the

policy;

(d) at the request of the buyer use reasonable

endeavours to have the buyer’s interest noted

on the policy if it does not cover a contracting

purchaser;

(e) unless otherwise agreed, cancel the insurance at

completion, apply for a refund of premium and

(subject to the rights of any tenant or other third

party) pay that refund to the buyer; and

(f) (subject to the rights of any tenant or other third

party) hold on trust for the buyer any insurance

payments that the seller receives in respect of

loss or damage arising after the contract date

or assign to the buyer the benefit of any claim;

and the buyer must on completion reimburse to

the seller the cost of that insurance (to the extent

not already paid by the buyer or a tenant or other

third party) for the period from and including the

contract date to completion.

G3.2 No damage to or destruction of the lot nor any

deterioration in its condition, however caused, entitles

the buyer to any reduction in price, or to delay

completion, or to refuse to complete.

G3.3 Section 47 of the Law of Property Act 1925 does not

apply.

G3.4 Unless the buyer is already lawfully in occupation of

the lot the buyer has no right to enter into occupation

prior to completion.

G4. Title and identity

G4.1 Unless condition G4.2 applies, the buyer accepts the

title of the seller to the lot as at the contract date and

may raise no requisition or objection except in relation

to any matter that occurs after the contract date.

G4.2 If any of the documents is not made available before

the auction the following provisions apply:

(a) The buyer may raise no requisition on or objection

to any of the documents that is made available

before the auction.

(b) If the lot is registered land the seller is to give

to the buyer within five business days of the

contract date an official copy of the entries on

the register and title plan and, where noted on the

register, of all documents subject to which the lot

is being sold.

(c) If the lot is not registered land the seller is to

give to the buyer within five business days an

abstract or epitome of title starting from the root

of title mentioned in the special conditions (or, if

none is mentioned, a good root of title more than

fifteen years old) and must produce to the buyer

the original or an examined copy of every relevant

document.

(d) If title is in the course of registration, title is to

consist of certified copies of:

(i) the application for registration of title made to

the land registry;

(ii) the documents accompanying that

application;

(iii) evidence that all applicable stamp duty land

tax relating to that application has been paid;

and

(iv) a letter under which the seller or its

conveyancer agrees to use all reasonable

endeavours to answer any requisitions raised

by the land registry and to instruct the land

registry to send the completed registration

documents to the buyer.

(e) The buyer has no right to object to or make

requisitions on any title information more than

seven business days after that information has

been given to the buyer.

G4.3 Unless otherwise stated in the special conditions the

seller sells with full title guarantee except that (and the

transfer shall so provide):

(a) the covenant set out in section 3 of the Law of

Property (Miscellaneous Provisions) Act 1994 shall

not extend to matters recorded in registers open

to public inspection; these are to be treated as

within the actual knowledge of the buyer; and

(b) the covenant set out in section 4 of the Law of

Property (Miscellaneous Provisions) Act 1994 shall

not extend to any condition or tenant’s obligation

relating to the state or condition of the lot where

the lot is leasehold property.

G4.4 The transfer is to have effect as if expressly subject

to all matters subject to which the lot is sold under the

contract.

G4.5 The seller does not have to produce, nor may the

buyer object to or make a requisition in relation to,

any prior or superior title even if it is referred to in the

documents.

G4.6 The seller (and, if relevant, the buyer) must produce

to each other such confirmation of, or evidence of, their

identity and that of their mortgagees and attorneys (if

any) as is necessary for the other to be able to comply

with applicable Land Registry Rules when making

application for registration of the transaction to which

the conditions apply.

G5. Transfer

G5.1 Unless a form of transfer is prescribed by the special

conditions:

(a) the buyer must supply a draft transfer to the

seller at least ten business days before the

agreed completion date and the engrossment

(signed as a deed by the buyer if condition G5.2

applies) five business days before that date or (if

later) two business days after the draft has been

approved by the seller; and

(b) the seller must approve or revise the draft

transfer within five business days of receiving it

from the buyer.

G5.2 If the seller remains liable in any respect in relation to

the lot (or a tenancy) following completion the buyer

is specifically to covenant in the transfer to indemnify

the seller against that liability.

G5.3 The seller cannot be required to transfer the lot to

anyone other than the buyer, or by more than one

transfer.

G6. Completion

G6.1 Completion is to take place at the offices of the

seller’s conveyancer, or where the seller may

reasonably require, on the agreed completion date.

The seller can only be required to complete on a

business day and between the hours of 0930 and

1700.

G6.2 The amount payable on completion is the balance of

the price adjusted to take account of apportionments

plus (if applicable) VAT and interest.

G6.3 Payment is to be made in pounds sterling and only by:

(a) direct transfer to the seller’s conveyancer’s client

account; and

(b) the release of any deposit held by a stakeholder.

G6.4 Unless the seller and the buyer otherwise agree,

completion cannot take place until both have

complied with their obligations under the contract and

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the balance of the price is unconditionally received in

the seller’s conveyancer’s client account.

G6.5 If completion takes place after 1400 hours for a

reason other than the seller’s default it is to be treated,

for the purposes of apportionment and calculating

interest, as if it had taken place on the next business

day.

G6.6 Where applicable the contract remains in force

following completion.

G7. Notice to complete

G7.1 The seller or the buyer may on or after the agreed

completion date but before completion give the

other notice to complete within ten business days

(excluding the date on which the notice is given)

making time of the essence.

G7.2 The person giving the notice must be ready to

complete.

G7.3 If the buyer fails to comply with a notice to complete

the seller may, without affecting any other remedy the

seller has:

(a) terminate the contract;

(b) claim the deposit and any interest on it if held by a

stakeholder;

(c) forfeit the deposit and any interest on it;

(d) resell the lot; and

(e) claim damages from the buyer.

G7.4 If the seller fails to comply with a notice to complete

the buyer may, without affecting any other remedy the

buyer has:

(a) terminate the contract; and

(b) recover the deposit and any interest on it from the

seller or, if applicable, a stakeholder.

G8. If the contract is brought to an end

If the contract is lawfully brought to an end:

(a) the buyer must return all papers to the seller

and appoints the seller its agent to cancel any

registration of the contract; and

(b) the seller must return the deposit and any

interest on it to the buyer (and the buyer may

claim it from the stakeholder, if applicable) unless

the seller is entitled to forfeit the deposit under

condition G7.3.

G9. Landlord’s licence

G9.1 Where the lot is or includes leasehold land and licence

to assign is required this condition G9 applies.

G9.2 The contract is conditional on that licence being

obtained, by way of formal licence if that is what the

landlord lawfully requires.

G9.3 The agreed completion date is not to be earlier than

the date five business days after the seller has given

notice to the buyer that licence has been obtained.

G9.4 The seller must:

(a) use all reasonable endeavours to obtain the

licence at the seller’s expense; and

(b) enter into any authorised guarantee agreement

properly required.

G9.5 The buyer must:

(a) promptly provide references and other relevant

information; and

(b) comply with the landlord’s lawful requirements.

G9.6 If within three months of the contract date (or such

longer period as the seller and buyer agree) the

licence has not been obtained the seller or the buyer

may (if not then in breach of any obligation under this

condition G9) by notice to the other terminate the

contract at any time before licence is obtained. That

termination is without prejudice to the claims of either

seller or buyer for breach of this condition G9.

G10. Interest and apportionments

G10.1 If the actual completion date is after the agreed

completion date for any reason other than the

seller’s default the buyer must pay interest at the

interest rate on the price (less any deposit paid) from

the agreed completion date up to and including the

actual completion date.

G10.2 Subject to condition G11 the seller is not obliged

to apportion or account for any sum at completion

unless the seller has received that sum in cleared

funds. The seller must pay to the buyer after

completion any sum to which the buyer is entitled

that the seller subsequently receives in cleared funds.

G10.3 Income and outgoings are to be apportioned at actual

completion date unless:

(a) the buyer is liable to pay interest; and

(b) the seller has given notice to the buyer at any

time up to completion requiring apportionment

on the date from which interest becomes payable

by the buyer; in which event income and

outgoings are to be apportioned on the date from

which interest becomes payable by the buyer.

G10.4 Apportionments are to be calculated on the basis that:

(a) the seller receives income and is liable for

outgoings for the whole of the day on which

apportionment is to be made;

(b) annual income and expenditure accrues at an

equal daily rate assuming 365 days in a year, and

income and expenditure relating to some other

period accrues at an equal daily rate during the

period to which it relates; and

(c) where the amount to be apportioned is not known

at completion apportionment is to be made by

reference to a reasonable estimate and further

payment is to be made by seller or buyer as

appropriate within five business days of the date

when the amount is known.

G11. Arrears

Part 1 Current rent

G11.1 “Current rent” means, in respect of each of the

tenancies subject to which the lot is sold, the

instalment of rent and other sums payable by the

tenant in advance on the most recent rent payment

date on or within four months preceding completion.

G11.2 If on completion there are any arrears of current rent

the buyer must pay them, whether or not details of

those arrears are given in the special conditions.

G11.3 Parts 2 and 3 of this condition G11 do not apply to

arrears of current rent.

Part 2 Buyer to pay for arrears

G11.4 Part 2 of this condition G11 applies where the special

conditions give details of arrears.

G11.5 The buyer is on completion to pay, in addition to any

other money then due, an amount equal to all arrears

of which details are set out in the special conditions.

G11.6 If those arrears are not old arrears the seller is to

assign to the buyer all rights that the seller has to

recover those arrears.

Part 3 Buyer not to pay for arrears

G11.7 Part 3 of this condition G11 applies where the

special conditions:

(a) so state; or

(b) give no details of any arrears.

G11.8 While any arrears due to the seller remain unpaid the

buyer must:

(a) try to collect them in the ordinary course of

management but need not take legal proceedings

or forfeit the tenancy;

(b) pay them to the seller within five business days

of receipt in cleared funds (plus interest at the

interest rate calculated on a daily basis for each

subsequent day’s delay in payment);

(c) on request, at the cost of the seller, assign to

the seller or as the seller may direct the right to

demand and sue for old arrears, such assignment

to be in such form as the seller’s conveyancer may

reasonably require;

(d) if reasonably required, allow the seller’s

conveyancer to have on loan the counterpart of any

tenancy against an undertaking to hold it to the

buyer’s order;

(e) not without the consent of the seller release any

tenant or surety from liability to pay arrears or

accept a surrender of or forfeit any tenancy under

which arrears are due; and

(f) if the buyer disposes of the lot prior to recovery of

all arrears obtain from the buyer’s successor in title

a covenant in favour of the seller in similar form to

part 3 of this condition G11.

G11.9 Where the seller has the right to recover arrears it

must not without the buyer’s written consent bring

insolvency proceedings against a tenant or seek the

removal of goods from the lot.

G12. Management

G12.1 This condition G12 applies where the lot is sold

subject to tenancies.

G12.2 The seller is to manage the lot in accordance with its

standard management policies pending completion.

G12.3 The seller must consult the buyer on all management

issues that would affect the buyer after completion

(such as, but not limited to, an application for licence;

a rent review; a variation, surrender, agreement to

surrender or proposed forfeiture of a tenancy; or a new

tenancy or agreement to grant a new tenancy) and:

(a) the seller must comply with the buyer’s

reasonable requirements unless to do so would

(but for the indemnity in paragraph (c)) expose

the seller to a liability that the seller would not

otherwise have, in which case the seller may act

reasonably in such a way as to avoid that liability;

(b) if the seller gives the buyer notice of the seller’s

intended act and the buyer does not object within

five business days giving reasons for the objection

the seller may act as the seller intends; and

(c) the buyer is to indemnify the seller against all loss or

liability the seller incurs through acting as the buyer

requires, or by reason of delay caused by the buyer.

G13. Rent deposits

G13.1 This condition G13 applies where the seller is holding

or otherwise entitled to money by way of rent deposit

in respect of a tenancy. In this condition G13 “rent

deposit deed” means the deed or other document

under which the rent deposit is held.

G13.2 If the rent deposit is not assignable the seller must

on completion hold the rent deposit on trust for the

buyer and, subject to the terms of the rent deposit

deed, comply at the cost of the buyer with the buyer’s

lawful instructions.

G13.3 Otherwise the seller must on completion pay and

assign its interest in the rent deposit to the buyer

under an assignment in which the buyer covenants

with the seller to:

(a) observe and perform the seller’s covenants and

conditions in the rent deposit deed and indemnify

the seller in respect of any breach;

(b) give notice of assignment to the tenant; and

(c) give such direct covenant to the tenant as may be

required by the rent deposit deed.

G14. VAT

G14.1 Where a sale condition requires money to be paid or

other consideration to be given, the payer must also

pay any VAT that is chargeable on that money or

(a) of the buyer’s VAT registration; consideration, but

only if given a valid VAT invoice.

G14.2 Where the special conditions state that no VAT

option has been made the seller confirms that none

has been made by it or by any company in the same

VAT group nor will be prior to completion.

G15. Transfer as a going concern

Where the special conditions so state:

(a) the seller and the buyer intend, and will take all

practicable steps (short of an appeal) to procure,

that the sale is treated as a transfer of a going

concern; and

(b) this condition G15 applies. The seller confirms

that the seller

(a) is registered for VAT, either in the seller’s name

or as a member of the same VAT group; and

(b) has (unless the sale is a standard-rated supply)

made in relation to the lot a VAT option that

remains valid and will not be revoked before

completion.

G15.3 The buyer confirms that:

(a) it is registered for VAT, either in the buyer’s name

or as a member of a VAT group;

(b) it has made, or will make before completion,

a VAT option in relation to the lot and will not

revoke it before or within three months after

completion;

(c) article 5(2B) of the Value Added Tax (Special

Provisions) Order 1995 does not apply to it; and

(d) it is not buying the lot as a nominee for another

person.

G15.4 The buyer is to give to the seller as early as possible

before the agreed completion date evidence:

(a) of the buyer’s VAT registration;

(b) that the buyer has made a VAT option; and

(c) that the VAT option has been notified in writing to

HM Revenue and Customs;

and if it does not produce the relevant evidence at least

two business days before the agreed completion

date, condition G14.1 applies at completion.

G15.5 The buyer confirms that after completion the buyer

intends to:

(a) retain and manage the lot for the buyer’s own

benefit as a continuing business as a going

concern subject to and with the benefit of the

tenancies; and

(b) collect the rents payable under the tenancies and

charge VAT on them

G15.6 If, after completion, it is found that the sale of the lot is

not a transfer of a going concern then:

(a) the seller’s conveyancer is to notify the buyer’s

conveyancer of that finding and provide a VAT

invoice in respect of the sale of the lot;

(b) the buyer must within five business days of

receipt of the VAT invoice pay to the seller the

VAT due; and

(c) if VAT is payable because the buyer has not

complied with this condition G15, the buyer must

pay and indemnify the seller against all costs,

interest, penalties or surcharges that the seller

incurs as a result.

G16. Capital allowances

G16.1 This condition G16 applies where the special

conditions state that there are capital allowances

available in respect of the lot.

G16.2 The seller is promptly to supply to the buyer all

information reasonably required by the buyer

in connection with the buyer’s claim for capital

allowances.

G16.3 The value to be attributed to those items on which

capital allowances may be claimed is set out in the

special conditions.

G16.4 The seller and buyer agree:

(a) to make an election on completion under Section

198 of the Capital Allowances Act 2001 to give

effect to this condition G16; and

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(b) to submit the value specified in the special

conditions to HM Revenue and Customs for the

purposes of their respective capital allowance

computations.

G17. Maintenance agreements

G17.1 The seller agrees to use reasonable endeavours to

transfer to the buyer, at the buyer’s cost, the benefit

of the maintenance agreements specified in the

special conditions.

G17.2 The buyer must assume, and indemnify the seller in

respect of, all liability under such contracts from the

actual completion date.

G18. Landlord and Tenant Act 1987

G18.1 This condition G18 applies where the sale is a relevant

disposal for the purposes of part I of the Landlord and

Tenant Act 1987.

G18.2 The seller warrants that the seller has complied with

sections 5B and 7 of that Act and that the requisite

majority of qualifying tenants has not accepted the offer.

G19. Sale by practitioner

G19. This condition G19 applies where the sale is by a

practitioner either as seller or as agent of the seller.

G19.2 The practitioner has been duly appointed and is

empowered to sell the lot.

G19.3 Neither the practitioner nor the firm or any member

of the firm to which the practitioner belongs has any

personal liability in connection with the sale or the

performance of the seller’s obligations. The transfer

is to include a declaration excluding that personal

liability.

G19.4 The lot is sold:

(a) in its condition at completion;

(b) for such title as the seller may have; and

(c) with no title guarantee;

and the buyer has no right to terminate the contract or

any other remedy if information provided about the lot

is inaccurate, incomplete or missing.

G19.5 Where relevant:

(a) the documents must include certified copies

of those under which the practitioner is

appointed, the document of appointment and the

practitioner’s acceptance of appointment; and

(b) the seller may require the transfer to be by the

lender exercising its power of sale under the Law

of Property Act 1925.

G19.6 The buyer understands this condition G19 and

agrees that it is fair in the circumstances of a sale by a

practitioner.

G20. TUPE

G20.1 If the special conditions state “There are no

employees to which TUPE applies”, this is a warranty

by the seller to this effect.

G20.2 If the special conditions do not state “There are no

employees to which TUPE applies” the following

paragraphs apply:

(a) The seller must notify the buyer of those

employees whose contracts of employment

will transfer to the buyer on completion (the

“Transferring Employees”). This notification must

be given to the buyer not less than 14 days before

completion.

(b) The buyer confirms that it will comply with

its obligations under TUPE and any special

conditions in respect of the Transferring Employees.

(c) The buyer and the seller acknowledge that

pursuant and subject to TUPE, the contracts of

employment between the Transferring Employees

and the seller will transfer to the buyer on

completion.

(d) The buyer is to keep the seller indemnified

against all liability for the Transferring Employees

after completion.

G21. Environmental

G21.1 This condition G21 only applies where the special

conditions so provide.

G21.2 The seller has made available such reports as the

seller has as to the environmental condition of the

lot and has given the buyer the opportunity to carry

out investigations (whether or not the buyer has read

those reports or carried out any investigation) and the

buyer admits that the price takes into account the

environmental condition of the lot.

G21.3 The buyer agrees to indemnify the seller in respect

of all liability for or resulting from the environmental

condition of the lot.

G22. Service Charge

G22.1 This condition G22 applies where the lot is sold subject

to tenancies that include service charge provisions.

G22.2 No apportionment is to be made at completion in

respect of service charges.

G22.3 Within two months after completion the seller must

provide to the buyer a detailed service charge account for

the service charge year current on completion showing:

(a) service charge expenditure attributable to each

tenancy;

(b) payments on account of service charge received

from each tenant;

(c) any amounts due from a tenant that have not been

received;

(d) any service charge expenditure that is not

attributable to any tenancy and is for that reason

irrecoverable.

G22.4 In respect of each tenancy, if the service charge

account shows that:

(a) payments on account (whether received or still

then due from a tenant) exceed attributable

service charge expenditure, the seller must pay to

the buyer an amount equal to the excess when it

provides the service charge account;

(b) attributable service charge expenditure exceeds

payments on account (whether those payments

have been received or are still then due), the

buyer must use all reasonable endeavours to

recover the shortfall from the tenant at the next

service charge reconciliation date and pay the

amount so recovered to the seller within five

business days of receipt in cleared funds;

but in respect of payments on account that are still due

from a tenant condition G11 (arrears) applies.

G22.5 In respect of service charge expenditure that is not

attributable to any tenancy the seller must pay the

expenditure incurred in respect of the period before

actual completion date and the buyer must pay

the expenditure incurred in respect of the period after

actual completion date. Any necessary monetary

adjustment is to be made within five business days of

the seller providing the service charge account to the

buyer.

G22.6 If the seller holds any reserve or sinking fund on

account of future service charge expenditure or a

depreciation fund:

(a) the seller must pay it (including any interest

earned on it) to the buyer on completion; and

(b) the buyer must covenant with the seller to hold

it in accordance with the terms of the tenancies

and to indemnify the seller if it does not do so.

G23. Rent reviews

G23.1 This condition G23 applies where the lot is sold

subject to a tenancy under which a rent review due on

or before the actual completion date has not been

agreed or determined.

G23.2 The seller may continue negotiations or rent review

proceedings up to the actual completion date

but may not agree the level of the revised rent or

commence rent review proceedings without the

written consent of the buyer, such consent not to be

unreasonably withheld or delayed.

G23.3 Following completion the buyer must complete

rent review negotiations or proceedings as soon as

reasonably practicable but may not agree the level

of the revised rent without the written consent of the

seller, such consent not to be unreasonably withheld

or delayed.

G23.4 The seller must promptly:

(a) give to the buyer full details of all rent review

negotiations and proceedings, including copies of

all correspondence and other papers; and

(b) use all reasonable endeavours to substitute

the buyer for the seller in any rent review

proceedings.

G23.5 The seller and the buyer are to keep each other

informed of the progress of the rent review and have

regard to any proposals the other makes in relation to it.

G23.6 When the rent review has been agreed or determined

the buyer must account to the seller for any increased

rent and interest recovered from the tenant that

relates to the seller’s period of ownership within five

business days of receipt of cleared funds.

G23.7 If a rent review is agreed or determined before

completion but the increased rent and any interest

recoverable from the tenant has not been received

by completion the increased rent and any interest

recoverable is to be treated as arrears.

G23.8 The seller and the buyer are to bear their own costs in

relation to rent review negotiations and proceedings.

G24. Tenancy renewals

G24.1 This condition G24 applies where the tenant under

a tenancy has the right to remain in occupation

under part II of the Landlord and Tenant Act 1954 (as

amended) and references to notices and proceedings

are to notices and proceedings under that Act.

G24.2 Where practicable, without exposing the seller to

liability or penalty, the seller must not without the

written consent of the buyer (which the buyer must

not unreasonably withhold or delay) serve or respond

to any notice or begin or continue any proceedings.

G24.3 If the seller receives a notice the seller must send a

copy to the buyer within five business days and act

as the buyer reasonably directs in relation to it.

G24.4 Following completion the buyer must:

(a) with the co-operation of the seller take immediate

steps to substitute itself as a party to any

proceedings;

(b) use all reasonable endeavours to conclude any

proceedings or negotiations for the renewal of the

tenancy and the determination of any interim rent

as soon as reasonably practicable at the best rent

or rents reasonably obtainable; and

(c) if any increased rent is recovered from the tenant

(whether as interim rent or under the renewed

tenancy) account to the seller for the part of

that increase that relates to the seller’s period of

ownership of the lot within five business days of

receipt of cleared funds.

G24.5 The seller and the buyer are to bear their own costs

in relation to the renewal of the tenancy and any

proceedings relating to this.

G25. Warranties

G25.1 Available warranties are listed in the special conditions.

G25.2 Where a warranty is assignable the seller must:

(a) on completion assign it to the buyer and give

notice of assignment to the person who gave the

warranty; and

(b) apply for (and the seller and the buyer must use

all reasonable endeavours to obtain) any consent

to assign that is required. If consent has not been

obtained by completion the warranty must be

assigned within five business days after the

consent has been obtained.

G25.3 If a warranty is not assignable the seller must after

completion:

(a) hold the warranty on trust for the buyer; and

(b) at the buyer’s cost comply with such of the lawful

instructions of the buyer in relation to the warranty

as do not place the seller in breach of its terms or

expose the seller to any liability or penalty.

G26. No assignment

The buyer must not assign, mortgage or otherwise

transfer or part with the whole or any part of the

buyer’s interest under this contract.

G27. Registration at the Land Registry

G27.1 This condition G27.1 applies where the lot is leasehold

and its sale either triggers first registration or is a

registrable disposition. The buyer must at its own

expense and as soon as practicable:

(a) procure that it becomes registered at Land

Registry as proprietor of the lot;

(b) procure that all rights granted and reserved by

the lease under which the lot is held are properly

noted against the affected titles; and

(c) provide the seller with an official copy of the

register relating to such lease showing itself

registered as proprietor.

G27.2 This condition G27.2 applies where the lot comprises

part of a registered title. The buyer must at its own

expense and as soon as practicable:

(a) apply for registration of the transfer;

(b) provide the seller with an official copy and title plan

for the buyer’s new title; and

(c) join in any representations the seller may properly

make to Land Registry relating to the application.

G28. Notices and other communications

G28.1 All communications, including notices, must be in

writing. Communication to or by the seller or the

buyer may be given to or by their conveyancers.

G28.2 A communication may be relied on if:

(a) delivered by hand; or

(b) made electronically and personally acknowledged

(automatic acknowledgement does not count); or

(c) there is proof that it was sent to the address of the

person to whom it is to be given (as specified in

the sale memorandum) by a postal service that

offers normally to deliver mail the next following

business day.

G28.3 A communication is to be treated as received:

(a) when delivered, if delivered by hand; or

(b) when personally acknowledged, if made

electronically;

but if delivered or made after 1700 hours on a

business day a communication is to be treated as

received on the next business day.

G28.4 A communication sent by a postal service that offers

normally to deliver mail the next following business

day will be treated as received on the second

business day after it has been posted.

G29. Contracts (Rights of Third Parties) Act 1999

No one is intended to have any benefit under the

contract pursuant to the Contract (Rights of Third

Parties) Act 1999.

G30. Extra General Conditions

107


AUTHORISATION FORM FOR BIDDING BY TELEPHONE, internet OR PROXY

I hereby instruct Network Auctions (the ‘Auctioneers’) to bid on my behalf in accordance with the terms and conditions shown in this agreement.

I acknowledge that if my bid is successful I will have entered into a binding contract to purchase the lot and authorise the Auctioneers herewith

to sign the auction contract on my behalf.

Name........................................................................................ Telephone (tick) Internet (tick) Proxy (tick)

Address ............................................................................................................................. Postcode.......................................................

TELEPHONE NUMBERS

Business.................................................... Home............................................................. Mobile...........................................................

Email address ...........................................................................................................................................................................................

Address of Lot ................................................................................................................. Postcode.......................................................

Lot No. ........................................................................................................................................................................................................

Amount of deposit ....................................................................................................................................................................................

Maximum bid (Figures)............................................................................... (Words)................................................................................

Solicitors .................................................................................................................... Solicitors Tel No..................................................

Contact Name .................................................................................................................. Email..............................................................

Solicitors Address ........................................................................................................... Postcode.......................................................

Signed ............................................................................................................................... Date...............................................................

TERMS & CONDITIONS FOR BIDDING BY TELEPHONE, INTERNET OR PROXY

1. The completed form must be delivered to Network

Auctions (133 The Parade, Watford, Hertfordshire,

WD17 1NA) no later than twenty four hours prior

to the auction with the appropriate payment. If you

intend to bid for more than one lot then a separate

form for each lot must be completed.

2. The completed form must be delivered with

a payment to include the deposit of 10% of the

maximum bid (subject to a minimum of £2,500) and

the auctioneers’ administration fee of £750 plus

vat (£900). This payment can be made by cheque

or banker’s draft (payable to Network Auctions).

Payments by credit card or cash cannot be accepted.

Cheques supplied by unsuccessful bidders will be

destroyed.

3. If the bidder purchases the lot at less than ten

times the sum of the deposit provided, the whole

of the deposit provided will be used as the deposit

payment and an adjustment will be made at

completion by the seller’s solicitors who will provide a

completion statement showing the adjustment.

4. The bidder is deemed to have inspected the legal

pack and to have taken all necessary legal and other

professional advice prior to bidding. The bidder is

also deemed to have viewed the property (where

viewings are made available by the Auctioneers).

5. The bidder is deemed to have full knowledge

of the General and Special Conditions of Sale and

the Notice to All Prospective Buyers therein. The

bidder is also deemed to have full knowledge of any

addendum produced by the Auctioneers at or prior

to the auction. Bidders are advised to check whether

any relevant addendum has or will be produced, but

the Auctioneers will not be liable to the bidder if he/

she fails to check.

6. The bidder is deemed to have read the auction

catalogue, the Auctioneers’ ‘Important Notes For

Auction Bidders’ and to be aware of the guide price

that the Auctioneers are quoting.

7. If the bidder attends the saleroom without having

cancelled this agreement and bids for the lot in

person, the Auctioneers are free to accept such bids in

addition to any bids made under this agreement.

8. The Auctioneers assume that the bidder is bidding

for himself/herself. If the bidder intends to purchase

the lot in a name other than his/her personal name

(and other than as shown on page 1 of thisagreement),

arrangements must be made with the Auctioneers

in advance.

Proof of Identity

The completed form must be delivered with proofs of

identity as detailed in the auction catalogue. Without

these the Auctioneers will be unable to action this bid.

In addition to the above terms and conditions the

following applies to internet bidders only:

1. Internet bidders accept that access to Essential

information Group’s (EIG) services (via EIG’s or

Network Auctions’ website or services) could be

interrupted or withdrawn at any time. If you intend

to bid by internet you should also consider making

an alternative provision for making bids prior to the

auction. Neither the Auctioneers nor EIG have any

liability if a bid fails to be received by us or if the bid is

delayed or made in error for any reason.

In addition to the above terms and conditions the

following four apply to telephone bidders only:

1. The Auctioneers will attempt to make contact with the

bidder on the telephone number/s provided but take no

responsibility for the availability, quality or sustainability

of ‘the line’. When contact is made a member of the

Auctioneers’ staff will take bids from the bidder and

relay them to the Auctioneer.

2. If telephone contact is ‘lost’ or a connection cannot

be made the bidder hereby authorises the Auctioneers

to bid on his/her behalf up to the maximum bid amount

shown on page 1 of this agreement.

3. A bidder bidding by telephone may exceed the

maximum bid amount shown on page 1 and undertakes

to provide the additional deposit funds (the difference

between the deposit provided and 10% of the purchase

price) to the Auctioneers immediately post auction.

4. The Auctioneers reserve the right not to bid on behalf

of the bidder in the event of any uncertainty, error or

disagreement and give no guarantee that any bid can

be communicated to the Auctioneer prior to any other

bids made in the saleroom.

In addition to the above terms and conditions the

following two apply to proxy bidders only:

1. The Auctioneers will make bids for the bidder up

to the maximum amount shown on page 1 of this

agreement, but not higher under any circumstances.

2. The Auctioneers undertake with the bidder to make

an initial bid on the bidder’s behalf at a figure no higher

than the reserve price and further undertake to bid

incrementally on the bidder’s behalf as per other bids

made in the saleroom.

108


www.networkauctions.co.uk

MEMORANDUM

Date:...................................................................................................................................................................................................

Name of Seller:..................................................................................................................................................................................

Address of Seller:.............................................................................................................................................................................

Name of Buyer:..................................................................................................................................................................................

Address of Buyer:.............................................................................................................................................................................

Phone Number:..................................................................... Email:.................................................................................................

Lot Number:.......................................................................................................................................................................................

Address:.............................................................................................................................................................................................

‘The Price’:.........................................................................................................................................................................................

‘Administration Charge’: £750 +VAT payable by the buyer to The Auctioneers in addition to ‘The Price’

‘The Completion Date’:.....................................................................................................................................................................

Deposit Paid to Auctioneers:...........................................................................................................................................................

Balance due at Completion:.............................................................................................................................................................

The seller agrees to sell and the buyer agrees to buy ‘The Lot’ for ‘The Price’ and to complete the purchase on

‘The Completion Date’.

This agreement is subject to the Auctioneers’ Conditions of Sale, Common Auction Conditions (Edition 3) and General Conditions

of Sale (as published in the auction catalogue) and the Special Conditions of Sale (as provided in the Legal Pack and as settled by

the seller’s solicitors).

Signed on behalf of the Seller:........................................................................................................................................................

By Network Auctions for and on behalf of the seller

Signed by the Buyer:........................................................................................................................................................................

Buyer’s Solicitors:.............................................................................................................................................................................

Phone Number:..................................................................... Email:.................................................................................................

Name of Solicitor:.............................................................................................................................................................................

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