property auction Monday 15th April 2013
Venue:
Hotel Russell, Russell Square London WC1B 5BE
Providing a complete property service
Auctions Central London
Auctions South London
Commercial Property & Professional Services
21-23 Mossop Street Chelsea, London SW3 2LY
75 Camberwell Church Street Camberwell, London SE5 8TU
24 High Street Wimbledon Village SW19 5DX
T: 020 7808 8530 F: 020 7581 1973 E: auctions@as-r.co.uk
T: 020 7703 4401 F: 020 7708 1981 E: auctions@as-r.co.uk Dx: 35317 Camberwell Green
T: 020 8971 4999 F: 020 8971 4954 E: commercial@as-r.co.uk
Residential Sales & Lettings 24 High Street Wimbledon Village SW19 5DX
Robin Cripp
John Weatherall
robincripp@as-r.co.uk
johnweatherall@as-r.co.uk
Jeremy Lamb
Dominic Smith
jeremylamb@as-r.co.uk
dominicsmith@as-r.co.uk
Jimmy Gribben
Michael Atwood
Residential Sales & Lettings
jimmygribben@as-r.co.uk
michaelatwood@as-r.co.uk
Marcia Antiedu
Jayne Mountain
50 Wimbledon Hill Road Wimbledon SW19 7PA
marciaantiedu@as-r.co.uk
jaynemountain@as-r.co.uk
Deborah Tully
T: 020 8971 6780 F: 020 8946 3683 E: residential@as-r.co.uk
T: 020 8971 3800 F: 020 8944 8624 E: residential@as-r.co.uk
deborahtully@as-r.co.uk
www.as-r.co.uk
SIG A 22/03/2013 17:24 Page 1
April auction sale Monday 15th April 2013 Comprising 101 lots of residential and commercial property for occupation, investment and development.
Please note start time 12 noon April Venue Hotel Russell, Russell Square, London WC1B 5BE Hotel Russell (side entrance)
Contents Alphabetical index ....................................................................................2 Property type ................................................................................................3 Auctioneers comment ............................................................................5 Auction information ..................................................................................6 Notice to bidders.....................................................................................14 Lots 1-100 ...................................................................................................15 Common auction conditions.............................................................63 Extra conditions ........................................................................................68 Vendors solicitors list................................................................................69 Sale memorandum................................................................................73
By order of The London Borough of Lambeth The London Borough of Richmond Defence Infrastructure Organisation Affinity Sutton Mountview Estates Plc A Major Housing Association The Treasury Solicitors LPA Receivers Executors Mortgagees Trustees Public & Private Limited Companies Others
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Alphabetical index
A
E
47a 22-24 Addington Road West Wickham Kent BR4 9BS 76 Units 1 & 2, Stephenson House Albert Street Bletchley Milton Keynes MK2 2UG 62 26 Anderson Road Hackney E9 6HH
40 52
B 31 87 18 44 10 55 54 34 35 47 38 48 46 71 41 61
121 Barry Road East Dulwich SE22 0HW 41 Beatrice Avenue Streatham SW16 4UW 28 Bensham Manor Road Thornton Heath Surrey CR7 7AA 93 Blackheath Road Blackheath SE10 8PD Flat 2, 7 Blandford Street Marylebone W1U 3DD 49 Blyth Road Walthamstow E17 8HP 51 Blyth Road Walthamstow E17 8HP 8 Bramah Green Myatts Fields Brixton SW9 7RG 30 Bramah Green Myatts Fields Brixton SW9 7RG 32 Brighton Road Salfords Redhill RH1 5BX 30 Brighton Road Salfords Redhill RH1 5BX Site r/o 30-36 Brighton Road Salfords Redhill RH1 5BX 34/36 Brighton Road Salfords Redhill RH1 5BX 31 Brora Close Bletchley Milton Keynes MK2 3HD Flat 2, 326 Brownhill Road Catford SE6 1AX Flat D, 8 Burch Road Gravesend Kent DA11 9NG
7 29
53 25 26 27 21
5
121 Camberwell Road Camberwell SE5 0HB 6 123 Camberwell Road Camberwell SE5 0HB 85 8-32 (excluding 13) Canary Quay Eastbourne East Sussex BN23 5UT 56 26 Charles Avenue Chilwell Beeston Nottingham NG9 5EE 42 Seymour Court, 17/19 Church Street Twickenham TW1 3NN 93 1 to 9 Hazel Court, 54/56 Church Hill Loughton Essex IG10 1LB 43 12 Church Road Crystal Palace SE19 2ET 58 5 Cliff Terrace Margate Kent CT9 1RU 14 13 Colebrook Road Norbury SW16 5QS 96 5 & 7 Cotswold Close Aldridge West Midlands WS9 8LW 98 9 & 11 Cotswold Close Aldridge West Midlands WS9 8LW 95 2 & 4 Cotswold Close Aldridge West Midlands WS9 8LW 97 6 & 8 Cotswold Close Aldridge West Midlands WS9 8LW 99 10 & 12 Cotswold Close Aldridge West Midlands WS9 8LW 100 14 & 16 Cotswold Close Aldridge West Midlands WS9 8LW 50 Land Rear of 79 Cranston Road Forest Hill SE23 2EZ 64 43 Enterprise House Curzon Crescent Barking Essex IG11 0JZ
74 30 13 92 88
91
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55 Felixstowe Road Edmonton N9 0DX 354 Fittleton Netheravon Wiltshire SP4 9QA 355 Fittleton Netheravon Wiltshire SP4 9QA 356 Fittleton Netheravon Wiltshire SP4 9QA 18 Foxberry Road Brockley SE4 2SP
101 Gander Green Lane Sutton Surrey SM1 2EU 30 Gerridge Court Gerridge Street Southwark SE1 7QF 8 Goring Way Greenford Middlesex UB6 9NL The Mitre, 242 Grafton Road Kentish Town NW5 4AU 25 Granville Park Blackheath SE3 7DY
2 1
53 North Street Clapham SW4 0HQ 55 North Street Clapham SW4 0HQ
O 39
Flat 1 Dawes House, Rodney Estate Orb Street Walworth SE17 1RE
P 89 90 9
84/84A Plashet Grove Upton Park E6 1AD Davina Court, 23/25 Priory Avenue High Wycombe Buckinghamshire HP13 6SQ Flat 7 Conifer Court, 25 Putney Hill Putney SW15 6BE
R H 60 75
12 66 17 11 51 3 36
33 Flat 3, 28 Harmer Street Gravesend Kent DA12 2AX Marlborough House 32-36 Hazelwood Road Northampton NN1 1LN 11 Headcorn Road Thornton Heath Surrey CR7 6JR 60 Heathcote Grove Chingford E4 6SF 10 Hermitage Street Blackburn Lancashire BB1 4NL Flat B, 73 High Street South Norwood SE25 6EB 3 Highshore Road Peckham SE15 5AA Imperial Works, 29a Hindsleys Place Forest Hill SE23 2NQ 34 Hubert Grove Stockwell SW9 9PD Flat 44 Parkview House Hurst Street Herne Hill SE24 0EH
68 16 37 72 70 67 73
57
19 & 21 Kinver Crescent Aldridge West Midlands WS9 8LP 60 Kirkwood Grove Medbourne Milton Keynes MK5 6FP
69 78 24
L 65 32 59 81 82 83
49 8 28
16 Leicester Road Rotherham South Yorkshire S25 2PX 44 The Park Apartments London Road Brighton Sussex BN1 6YL 192a London Road Greenhithe Kent DA9 9JF Parking Space 29 Madison House Long Lane Borough SE1 4PF Parking Space 30 Madison House Long Lane Borough SE1 4PF Parking Space 31 Madison House Long Lane Borough SE1 4PF Parking Space 32 Madison House Long Lane Borough SE1 4PF Site adjacent to 28 Longlands Avenue Coulsdon Surrey CR5 2QJ 303d Lordship Lane East Dulwich SE22 8JH 882/883 Ludgershall Road Tidworth Wiltshire SP9 7LU
19a South Eastern Road Ramsgate Kent CT11 9TR 5 Brae Court South Norwood Hill South Norwood SE25 6DU 13 Spencer Road Caterham on the Hill Surrey CR3 5LE 776-778 Stratford Road Sparkhill Birmingham B11 4BP 5 Argyll House Suffolk Close Bletchley Milton Keynes MK3 7EW 75 Sutcliffe Street Liverpool L6 6AS 28a-28d Sutton Road Manchester M18 7PN
T 23
94
166 - 170 Rye Lane Peckham SE15 4NB
S
K
D 40 Danbrook Road Streatham SW16 5JX 52 Durham Avenue Gidea Park Romford Essex RM2 6JS 29 Dynevor Road Stoke Newington N16 0DL
4 22
207/207a & 209 Manor Road Mitcham CR4 1JH 152 Manor Way Mitcham CR4 1EL Flat 11 Hill House, 82-84 Montacute Road Catford SE6 4XP
G
84 15 63
45
N
F
19 C
M 90 Eardley Road Streatham SW16 6BL Cruisemaster Yard & Boatyard Premises Eel Pie Island Twickenham Middlesex TW1 3DY 68 Elliott's Row Kennington SE11 4SZ Parsonage Farmhouse, 40 Elm Hill Warminster Wiltshire BA12 0AY
86 20
55 Deloraine House Tanners Hill Deptford SE8 4PZ 14 Tarbert Close Bletchley Milton Keynes MK2 3EY 37-39 Tickford Street Newport Pagnell Milton Keynes MK16 9AE 81-103 Trinity Avenue/ 162-168 Stanhope Road Northampton NN2 6LD 112 Trinity Road Tooting SW17 7RL 7c Tyrwhitt Road Brockley SE4 1QD
U 80
Site at Ashby Mews rear of 127 Upper Brockley Road Brockley SE4 1TF
V 77
1 & 1a Victoria Road Bletchley Milton Keynes MK2 2NH
W 79
Land adjacent to 115 Welcomes Road Kenley Surrey CR8 5HB
SIG A 22/03/2013 17:24 Page 3
Property type
Freehold vacant houses Brockley 18 Foxberry Road Camberwell 121 Camberwell Road Camberwell 123 Camberwell Road Clapham 53 North Street Clapham 55 North Street Edmonton 55 Felixstowe Road 68 Elliott's Row Kennington 60 Kirkwood Grove Milton Keynes 152 Manor Way Mitcham 26 Charles Avenue Nottingham Stockwell 34 Hubert Grove Streatham 40 Danbrook Road Freehold part vacant house Margate 5 Cliff Terrace Leasehold vacant flats Brockley 7c Tyrwhitt Road Flat 11 Hill House Catford 82-84 Montacute Road 60 Heathcote Grove Chingford 55 Deloraine House Deptford Tanners Hill 303d Lordship Lane East Dulwich Gravesend Flat 3, 28 Harmer Street Greenford 8 Goring Way Greenhithe 192a London Road Marylebone Flat 2, 7 Blandford Street Norbury 13 Colebrook Road Peckham 3 Highshore Road Putney Flat 7 Conifer Court 25 Putney Hill South Norwood 5 Brae Court South Norwood Hill South Norwood Flat B, 73 High Street Thornton Heath 11 Headcorn Road Thornton Heath 28 Bensham Manor Road Walthamstow 51 Blyth Road Long Leasehold Vacant Parking Spaces Borough 29, 30, 31 & 32 Madison House Long Lane Freehold Vacant Sites Brockley Site at Ashby Mews rear of 127 Upper Brockley Road Kenley Land adjacent to 115 Welcomes Road Freehold Boatyard Premises - Investment Offered on behalf of the London Borough of Richmond Twickenham Cruisemaster Yard & Boatyard Premises Eel Pie Island Freehold block 16 purpose built flats - Planing Permission for a further 9 x 2 bedroom flats Investment/development opportunity Northampton 81-103 Trinity Avenue/ 162-168 Stanhope Road Freehold development site with planning permission granted for a new three floor building to comprise six live/work units Forest Hill Imperial Works 29a Hindsleys Place
Residential Investmets
Commercial Properties
Aldridge West Midlands
5 & 7 Cotswold Close
Aldridge West Midlands
9 & 11 Cotswold Close
Aldridge West Midlands
2 & 4 Cotswold Close
Aldridge West Midlands
6 & 8 Cotswold Close
Aldridge West Midlands
10 & 12 Cotswold Close
Aldridge West Midlands
14 & 16 Cotswold Close
Aldridge West Midlands
19 & 21 Kinver Crescent
Blackheath
93 Blackheath Road
Bletchley
Units 1 & 2 Stephenson House Albert Street
Bletchley
1 & 1a Victoria Road
Crystal Palace
12 Church Road
Manchester
28a-28d Sutton Road
Mitcham
207/207a & 209 Manor Road
Newport Pagnell
37-39 Tickford Street
Northampton
Marlborough House 32-36 Hazelwood Road
Redhill
32 Brighton Road
Redhill
34/36 Brighton Road
Barking
43 Enterprise House Curzon Crescent
Sparkhill Birmingham
776-778 Stratford Road
Blackburn
10 Hermitage Street
Sutton
101 Gander Green Lane
Blackheath
25 Granville Park
Twickenham
Bletchley
31 Brora Close
Seymour Court 17/19 Church Street
Bletchley
14 Tarbert Close
West Wickham
22-24 Addington Road
Bletchley
5 Argyll House Suffolk Close
Brighton
44 The Park Apartments London Road
Brixton
8 Bramah Green
Brixton
30 Bramah Green
Caterham on the Hill
13 Spencer Road
Catford
Flat 2, 326 Brownhill Road
Freehold site with planning for the erection of a one bedroom bungalow
East Dulwich
121 Barry Road
Forest Hill
Eastbourne
8-32 (excluding 13 Canary Quay
Gravesend
Flat D, 8 Burch Road
Freehold Site with Planning Permission for Four x Two Bedroom Chalet Bungalows
Hackney
26 Anderson Road
Redhill
Herne Hill
Flat 44 Parkview House Hurst Street
High Wycombe
Davina Court 23/25 Priory Avenue
Kentish Town
The Mitre 242 Grafton Road
Liverpool
75 Sutcliffe Street
Loughton Essex
1 to 9 Hazel Court 54/56 Church Hill
Netheravon Wiltshire
354 Fittleton
Netheravon Wiltshire
355 Fittleton
Netheravon Wiltshire
356 Fittleton
Peckham
166-170 Rye Lane
Ramsgate
19a South Eastern Road
Redhill
30 Brighton Road
Romford
52 Durham Avenue
Rotherham
16 Leicester Road
Southwark
30 Gerridge Court Gerridge Street
Stoke Newington
29 Dynevor Road
Streatham
41 Beatrice Avenue
Streatham
90 Eardley Road
Tidworth Wiltshire
882/883 Ludgershall Road
Tooting
112 Trinity Road
Upton Park
84/84A Plashet Grove
Walthamstow
49 Blyth Road
Walworth
Flat 1 Dawes House Rodney Estate Orb Street
Warminster Wiltshire
Parsonage Farmhouse 40 Elm Hill
Freehold site with planning permission for the erection of a two bedroom house with parking Coulsdon
Site adjacent to 28 Longlands Avenue
Land Rear of 79 Cranston Road
Site r/o 30-36 Brighton Road
Auction Dates 2013 Tuesday 4th June Tuesday 23rd July Monday 23rd September Tuesday 29th October Monday 16th December
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Private Treaty Investment & Development Department
We have recently launched Private Treaty Investment and Development Departments from our Central London and Wimbledon Village offices to provide a service for the sale and acquisition of investment and development property. We have access to substantial investors from across the UK and overseas We are currently looking for all types of residential and commercial investments We have demand also for retail and office investments which are let to good covenants Our buyers will consider individual properties or portfolios We are currently undertaking a number of property searches on behalf of retained clients, if you have a specific requirement we can assist with, we will be glad to help.
In the first instance please send details to either: Richard Wright E: richardwright@as-r.co.uk
Adam Hanline E: ahanline@as-r.co.uk
21-23 Mossop Street Chelsea, London SW3 2LY T: 020 7808 8530 F: 020 7581 1973
24 High Street, Wimbledon London SW19 5DX T: 020 8971 4999 F: 020 8971 4954
Offices in Chelsea, Wimbledon and Camberwell
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SIG A 22/03/2013 17:24 Page 5
Comments from the auctioneer Welcome to our April catalogue and our second auction under the andrew scott robertson banner. We opened our calendar with our new corporate identity and a strong result, with the February sale producing in excess of £22m and an 82% success rate. So it is with great pleasure that we bring our latest catalogue to the market, comprising over 100 residential and secondary commercial lots, with the chance to add value by active management or refurbishment and development. As ever the vast majority of our stock is located in the regions regarded as the most desirable by buyers: London and the South East of England. This month however, we are also offering a number of opportunities to purchase in other cities including Birmingham. A significant proportion of the residential lots on offer are vacant properties, new to the market after many years in the same ownership, many are sited in desirable locations for occupation or investment and are ripe for improvement or development. This April we are delighted to be offering lots on the instructions of: The London Boroughs of Richmond and Lambeth, as well as LPA receivers, The Treasury Solicitor, Affinity Sutton and a second major housing association, Mountview Estates Plc, Defence Infrastructure Organisation, Mortgagees, Executors, and private and public limited companies. Our 19th February auction was met by a packed room at the Hotel Russell, London, producing multi-bidding on properties perceived to offer potential for improvement or in desirable locations. Although investors favoured residential lots, there were real signs of uplift in demand for secondary commercial investments in southern locations offering attractive yields. At a time when cash on deposit in the bank is returning very low returns it is little wonder that growing numbers are turning to property investment to make the most of their equity. AST yields averaged at 9.2%, Regulated Tenancy investments returned an average of 5.17% and Ground Rents achieved an average of 5.48% at our February auction. As the latest Essential Information Group figures show the volume of property sold nationally at auction rose by 8% last month compared to 12 months earlier, to levels not seen since the height of the boom six years ago. So these are exciting times and a sign of renewed confidence in our method of sale which is extremely encouraging. With this in mind, may we draw your attention to a selection of lots on offer at our April auction: 53 & 55 North Street, Clapham SW4: Two freehold terrace houses to be offered separately by order of the London Borough of Lambeth. Guide Price: £535,000 + each house Flat 7 Conifer Court, 25 Putney Hill, Putney, SW15 6BE: A long leasehold second floor purpose built two bedroom flat, offered with vacant possession in a desirable location situated between St John's Avenue and Carlton Drive and a short distance from Putney railway station and East Putney underground. Held on lease for 125 years from 25 March 2002 at a ground rent of £450 pa. Flat 2, 7 Blandford Street, Marylebone, W1U 3DD: A long leasehold second floor self contained flat in a sought after location between Gloucester Place and Marylebone High Street. The one bedroom property has been in the same ownership for more than 20 years and is being offered with vacant possession. Guide Price: £485,000 +
Cruisemaster Yard & Boatyard Premises, Eel Pie Island, Twickenham TW1 3DY: A freehold boatyard and premises investment on Eel Pie Island, at the heart of the River Thames at Twickenham. River frontage 15.5m (50ft) with a site area of 707.5 sq m (7,612 sq ft). It is let on a five year lease from 22/06/2006 at a rental of £5,000 per annum. Guide Price: £135,000 + 776-778 Stratford Road, Sparkhill, Birmingham B11 4BP: A receivership investment sale. The property comprises two intercommunicating freehold buildings arranged as a double shop unit let to Ladbrokes with a first floor self contained office suite that has been sold on a long lease. Guide Price: £200,000 + 25 Granville Park, Blackheath SE3 7DY: Freehold ground rents secured upon four self contained flats including one with a valuable reversion in approximately 25 years and a second with a reversion in approximately 87 years. Guide price: £60,000 +
Legal packs for this sale are available online and can be downloaded from our website: www.as-r.co.uk . If you require any further help or advice please don’t hesitate to contact us on 0207 703 4401. We look forward to seeing you in the room.
Robin Cripp, Chairman & Senior Auctioneer www.as-r.co.uk
SIG A 22/03/2013 17:24 Page 6
Auction information
Guide Prices Guide Prices are printed on a separate sheet enclosed with the catalogue and are issued without responsibility and as a general indication of the current level of the vendors intentions as to the reserve price. Guide prices, which are subject to change, are also available on the website www.as-r.co.uk or by telephoning the Auctioneers on 020 7703 4401. The sale price either prior to or at the auction could well vary from and is expected to exceed the guide price depending upon market activity. Viewings Please see particulars at the side of each Lot for viewing arrangements. Viewing is at your own risk. The Vendors and Auctioneers do not take any responsibility for any accidents, losses or damages. Generally there are no arrangements in respect of tenanted or squatted property where any viewing is by courtesy of the occupier. Legal Information Notice to Bidders This Notice can be found both in this catalogue and on the website, www.as-r.co.uk. Bidders are deemed to have read and accepted this.
Special Conditions of Sale These conditions are special to the particular lot indicated. They can be obtained on the website www.as-r.co.uk, by telephoning 020 7703 4401 or in the auction room. Buying Buyer’s Guide If it is the first time you have purchased at auction or need to check how the process works, it is advisable to read our Buyer’s Guide which can be obtained by telephoning 020 7703 4401, viewing on the website www.as-r.co.uk, or by emailing auctions@as-r.co.uk Advance Offers Generally vendors are prepared to consider pre-auction sales. Offers can be made by telephoning us on 020 7703 4401, faxing us on 020 7708 1981 or by emailing auctions@as-r.co.uk Telephone or Proxy Bidding If you are unable to attend the auction, you can by prior arrangement, bid by telephone or proxy. A form can be obtained on our website www.as-r.co.uk, by telephoning us on 020 7703 4401 or by emailing auctions@as-r.co.uk. The Auctioneers accept no liability or responsibility and our full terms can be found on the reverse of the form.
General and Extra Conditions of Sale Sales are subject to the General and Extra Conditions of Sale which can be found towards the end of this catalogue and on the website www.as-r.co.uk, or obtained by telephoning 020 7703 4401 or in the auction room.
Deposit The amount of deposit is 10% of the purchase price subject to a minimum of £1,000 unless otherwise stated in the Special Conditions of Sale. Payment is accepted by personal cheque, bankers’ draft, solicitors client account cheque or debit card. Deposit payments by cash or credit card are NOT accepted.
Legal documents Legal documents for most lots are available on the website www.as-r.co.uk, by telephoning 020 7703 4401 or in the auction room. If you have further legal enquiries please contact the Auctioneers on 020 7703 4401.
Buyer’s Fee The successful purchaser will be required to pay to the Auctioneers a buyer’s fee of £600 inclusive of VAT (or £150 inclusive of VAT in respect of lots with a sale price of less than £10,000) on exchange of contracts for each lot purchased.
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Identification The successful bidder will be required to provide two forms of proof of identity which includes both the name and address of the buyer: a passport or modern photo card driving licence and a utility or Council Tax bill. Further details can be found on our website www.as-r.co.uk. Results Results for each auction as well as information on any unsold lots can be found on the website, www.as-r.co.uk or by telephoning the Auctioneers on 020 7703 4401.
Additional Auction Information Further information on how to listen or view the auction live and all the results can be obtained by:
ON-LINE LIVE On-Line Live
Ei AUCTION
Visit www.eigroup.co.uk and select ‘Online Auctions’. Choose the auction and then ‘Viewing Gallery’. You will see details of the lot being offered and can watch the bidding as it happens. It is not possible to bid using this service. Service provided by The Essential Information Group Ltd Tel: 01737 226150. Calls cost 77p p/min for 09067 at all times.
AUCTION LIVELINK Catalogues Catalogues are provided free of charge approximately three weeks prior to the auction. Alternatively if you would like to go onto our mailing list to receive our catalogues on an annual basis, there is a charge of £50. Please telephone the Auctioneers on 020 7703 4401, email auctions@as-r.co.uk or visit the website www.as-r.co.uk.
On-Line Live
Ei AUCTION
09067 591 402 Dial this number to listen to the Auctioneer as he is selling the lots. You cannot bid on this service. To bid by telephone prior arrangement must be made directly with the auctioneers. Service provided by The Essential Information Group Ltd Tel: 01737 226150. Calls cost 77p p/min for 09067 at all times.
AUCTION RESULTS
09067 591 113 To use the fax retrieval system either dial from the handset of your fax machine or set to ‘POLL RECEIVE’ mode. The results will be available from noon the day after the auction. Service provided by The Essential Information Group Ltd Tel: 01737 226150. Calls cost 77p p/min for 09067 at all times.
The Essential Information Group Tel: 01737 226150 www.eigroup.co.uk
SIG A 22/03/2013 17:24 Page 7
One of the most experienced auctions teams in the uk
Robin Cripp
John Weatherall
Jayne Mountain
Jimmy Gribben
Chairman & Senior Auctioneer
Director & Auctioneer
Director
Business Development Consultant
Jeremy Lamb MRICS Associate Director & Auctioneer
robincripp@as-r.co.uk
johnweatherall@as-r.co.uk
jaynemountain@as-r.co.uk
jimmygribben@as-r.co.uk
jeremylamb@as-r.co.uk
Dominic Smith MNAVA Associate Director
Michael Atwood
Joel Ferree
Deborah Tully
Semena Williams
Negotiator
Negotiator
Senior Administrator
Finance Officer
dominicsmith@as-r.co.uk
michaelatwood@as-r.co.uk
joelferree@as-r.co.uk
deborahtully@as-r.co.uk
semenawilliams@as-r.co.uk
Long Hoang
Marcia Antiedu
Frankie Liverpool
Legal Administrator
PA
Finance Officer
longhoang@as-r.co.uk
marciaantiedu@as-r.co.uk
frankieliverpool@as-r.co.uk
Central London 21-23 Mossop Street Chelsea, London SW3 2LY
South London 75 Camberwell Church Street Camberwell, London SE5 8TU
T: 020 7808 8530 E: auctions@as-r.co.uk
T: 020 7703 4401 E: auctions@as-r.co.uk
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SIG A 22/03/2013 17:24 Page 8
Competitive rates, talk to us 0.99% per 30 days. The overall cost for comparison is 12.4% APR. No arrangement fees, no extension fees and no end fees. You speak to the people that make the decisions, a quick and personal service.
020 7655 3388 acceptances.co.uk
Your property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. A rate of 0.99% will be chargeable on the amount borrowed every 30 days. However rates are subject to change and will increase or decrease in line with movements in 3m LIBOR (The London Inter-Bank Offered Rate For Three Month Sterling Deposits). Rates will be adjusted on each 30 day anniversary of the facility. The overall cost for comparison is 12.4% APR. A ÂŁ200 admin fee will be payable on completion of the bridging loan. Authorised and regulated by the financial Services Authority in respect of regulated mortgage contracts. Second charge lending may be regulated under the consumer credit act.
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Your property finance advisers WMS is an independent mortgage broker that works extensively in the residential and buy-to-let property markets. Our advisers look at your current situation and priorities, before recommending the most suitable mortgage for your circumstances. ‡ 5HVLGHQWLDO EX\ WR OHW SXUFKDVH RU UHPRUWJDJH ‡ &RPPHUFLDO PRUWJDJHV ‡ 0DLQVWUHDP DQG VSHFLDOLVW OHQGLQJ VROXWLRQV IRU
Contact WMS either prior to auction, on auction day or after the auction for all your property finance needs: T | +44 (0)20 3668 2850 E | info@wmsfinancial.co.uk
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For insurance business we offer products from a choice of insurers Your home may be repossessed if you do not keep up repayments on your mortgage There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1%, EXW D typical fee LV 0.67% of the amount borrowed.
MAB 4616
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SIG A 22/03/2013 17:25 Page 11
Thinking of selling your property by auction? We are a dynamic independently-owned business built on secure foundations: at the hub of London’s auction market for 150 years and offering nationwide coverage. We believe in giving every instruction the time it needs to get the best outcome for our clients before, during the auction and after the gavel falls. Our experienced team combine insight into residential and commercial market trends particularly in London and the South East, with a depth of UK-wide knowledge. We believe in keeping pace with the room, being consistent and not rushing. After all our time is your money‌.
Auction dates 2013 Tuesday 4 June Tuesday 23 July
Monday 23 September Tuesday 29 October
Monday 16 December
For full details of our next auction please visit www.as-r.co.uk or contact: Central London 21-23 Mossop Street Chelsea, London SW3 2LY
South London 75 Camberwell Church Street Camberwell, London SE5 8TU
T: 020 7808 8530 E: auctions@as-r.co.uk
T: 020 7703 4401 E: auctions@as-r.co.uk
Robin Cripp robincripp@as-r.co.uk Jeremy Lamb jeremylamb@as-r.co.uk Jimmy Gribben jimmygribben@as-r.co.uk
John Weatherall johnweatherall@as-r.co.uk Dominic Smith dominicsmith@as-r.co.uk Michael Atwood michaelatwood@as-r.co.uk
SIG A 22/03/2013 17:25 Page 12
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working in association with
SIG A 22/03/2013 17:25 Page 13
Private Treaty Commercial Department PRICE ON APPLICATION
Winsford Industrial Estate, Cheshire, CW7 3NZ • Part vacant industrial investment (2 units) • 175,000 sq ft - fully let • 100,000 sq ft – recently refurbished, offered with vacant possession • Total Rent Reserved £621,500 pa
GUIDE PRICE £350,000
GUIDE PRICE £380,00
42 Church Road, Mitcham, CR4 3BU • • • •
Mixed use investment Ground floor vacant office - 344 sq ft (32 sq m) 1 bedroom ground floor flat let on AST at £850 pcm 3 bedroom flat over 1st and 2nd floors let on AST at £1,100 pcm • Total ERV = £30,600 pa exclusive
GUIDE PRICE £395,000
Crown Building, 34-36 Wellesley Road, Ashford, TN24 8EN
Iceni House, Newland Street, Witham, CM8 2AX
• • • •
Vacant office with redevelopment potential 17,574 sq ft (1,633 sq m) 35 car parking spaces In close proximity to station and short walk to all town centre amenities • A letting of the whole property will also be considered
• Vacant office with redevelopment potential • 14,174 sq ft (1,317 sq m) • Planning for 13 x two bedroom flats with associated parking. Ref (12/00739/OUT) • Situated within Witham town centre and close to all local amenities • Vendor may consider entering into a joint venture
Richard Wright E: richardwright@as-r.co.uk
Adam Hanline E: ahanline@as-r.co.uk
21-23 Mossop Street Chelsea, London SW3 2LY T: 020 7808 8530 F: 020 7581 1973
24 High Street, Wimbledon London SW19 5DX T: 020 8971 4999 F: 020 8971 4954
Offices in Chelsea, Wimbledon and Camberwell
www.as-r.co.uk
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Notice to bidders
1. Conditions of Sale 1.1 Prospective purchasers are advised that all sales aresubject to: (a) Common Auction Conditions (Edition 3) reproduced by permission of Royal Institution of Chartered Surveyors in the Catalogue; (b) Extra General Conditions applicable to all andrew scott robertson auctions also printed in the Catalogue; (c) Special Conditions of Sale obtainable from andrew scott robertson auction office or from the Seller’s solicitors; (d) an Addendum or alteration made available for inspection prior to the sale; or by oral announcement at the auction; (e) this Notice to Bidders 1.2 The Common Auction Conditions (Edition 3) comprise: • The glossary; • auction conduct conditions; and • sale conditions. 2. Buyer’s Fee The successful purchaser will be required to pay to the Auctioneers a purchasers administration fee details of which are noted in the catalogue and are also available from the auctioneers. 3. Amendments to Particulars of Sale Prospective purchasers should always check the amendment sheet on the day of the sale to see if there are any alterations or amendments to the particulars or special conditions of the property that they are interested in bidding for. The catalogue has been prepared on the basis of information provided. In some cases for what ever reason verification has not been possible (eg. missing keys) prior to printing. Consequently amendments may be made and the successful purchaser is deemed to have purchased in full knowledge of them. 4. Inspection and Searches It is deemed that prospective purchasers have inspected the property and have made the usual pre-contract searches and enquiries and are relying on their own knowledge or the advice of their own professional or other adviser.
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The published information in the catalogue is not warranted and may need to be verified by inspection of the legal package generally only available after the catalogue has gone to press. Purchasers must satisfy themselves as to the correctness of the details of leases, tenancies, licences, rent payable, rent reviews, service charges, outgoings and other matters. 5. Particulars of Sale Prospective purchasers are advised to check the Particulars of Sale printed in the catalogue to ensure that they are satisfied as to their accuracy in regard to measurements, areas and all other matters to which the properties are expressed to be subject to or have the benefit of, and in respect of any contents, fixtures and fittings expressed to be included in the sale. All measurements and areas referred to in these particulars are approximate only. Services or appliances included in the property have not been tested. Any statement by the Auctioneers’ staff is without responsibility and is not a representation. 6. Photographs and Plans Any photographs and plans shown in the Particulars of Sale are to enable prospective purchasers to locate the property only. The plans are photographically reproduced and are therefore not to scale and are not intended to depict the interest to be sold but are for identification only. The boundary lines and numbers on the photographs are again only to enable prospective purchasers to locate the property and are not intended to depict the interest to be sold. Prospective purchasers must rely on inspection of the property concerned and the Special Conditions of Sale as to full descriptions and the extent of the relevant property to be sold. Such plans and photographs are expressly excluded from the contract of sale. All plans have been reproduced with the permission of the Controller of Her Majesty’s Stationary Office © Crown Copyright and Experian Copyright all rights reserved Licence number PU 100017316, Ordnance Survey on behalf of the Controller of Her Majesty’s Stationary Office © Crown Copyright Licence 10005372. A-Z reproduced by permission of Geographers A-Z Map Co Ltd Licence NO A1166.
7. Guide Prices Guide prices given by andrew scott robertson to prospective purchasers cannot be accepted by the purchaser as representing a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities. Prospective purchasers should satisfy themselves as to the possible purchase price. 8. Withdrawn Lots or Sales Prior to the Auction The Vendors have the right to withdraw or sell their property at any time prior to Auction. The Auctioneers or Vendors are not responsible for any abortive costs, losses or damages incurred by prospective purchasers in respect of lots which are either withdrawnor sold prior to the Auction. Information as to prior sale or withdrawal of a Lot can be obtained from enquiry of the Auctioneersbut is valid only up to the time ofthe enquiry. 9. Liability of bidder Each bidder will be deemed to be personally liable on making an accepted bid even though he/she purports to act as an agent for a principal purchaser or purports to sign the Memorandum of Sale in a representative capacity. 10. Binding Contract The successful bidder is under a Binding Contract as soon as the Auctioneer’s Gavel falls on his/her bid. Immediately thereafter, the Purchaser will be handed a Purchaser’s slip by the Auctioneer’s Clerk which should be completed in full. This information will be used to draw up two copies of a Memorandum of Sale. The successful bidder must sign and exchange this memorandum with the Auctioneers’ staff and provide a deposit of 10% of the purchase price or the minimum deposit of £1,000 whichever is the higher. Deposit payments are accepted by personal or company cheques, bankers drafts or debit cards. Deposit payments by cash or credit cards are not accepted. The Purchaser will be required toprove identification.
11. Default of Purchaser If the Purchaser should fail or default in any of the above the Auctioneer as agent for the Vendor shall be entitled to treat the failure or default as a repudiation and rescind the contract. Thereafter the Auctioneer shall be entitled to re-submit the property for sale. The Vendorreserves the right to claim anyloss he/she suffers as a result. 12. Keys Purchasers should be aware that they will not be entitled to keys or access to the property (except by special arrangement) until completion of the sale. 13. Auctioneers Announcements The Auctioneers announcements at the commencement of the sale are an important part of the proceedings. Thereafter the Auction will proceed without delay and the Auctioneer will not describe the properties in detail nor read out the special conditions or amendments (see notices 1 and 3).
Next Auction Sale Monday 4th June 2013
SIG A 22/03/2013 17:25 Page 15
Lot 1
REF: JML
55 North Street, Clapham SW4 0HQ Freehold three floor terraced house within the Clapham Conservation Area Full vacant possession BY ORDER OF THE LONDON BOROUGH OF
Location Situated within the sought after Clapham Old Town area, close to the junction with Lillieshall Road. Public transport includes Clapham Common and Clapham North underground (Northern Line) and Wandsworth Road railway station. Shopping amenities are on Clapham High Street, recreational facilities can be found at Clapham Common. Accommodation First floor: Two rooms. Raised ground floor: Two rooms. Garden floor: Two rooms. Outside: Rear garden, external wc. Viewing See separate sheet
Lot 2
REF: JML
53 North Street, Clapham SW4 0HQ Freehold three floor terraced house within the Clapham Conservation Area Full vacant possession BY ORDER OF THE LONDON BOROUGH OF
Location Situated within the sought after Clapham Old Town area, close to the junction with Lillieshall Road. Public transport includes Clapham Common and Clapham North underground (Northern Line) and Wandsworth Road railway station. Shopping amenities are on Clapham High Street, recreational facilities can be found at Clapham Common. Accommodation First floor: Two rooms. Raised ground floor: Two rooms. Garden floor: Two rooms. Outside: Rear garden. Viewing See separate sheet
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Lot 3
REF: JML
34 Hubert Grove, Stockwell SW9 9PD Freehold two floor terraced house arranged as two flats Full vacant possession BY ORDER OF THE LONDON BOROUGH OF
Location Situated within a popular residential area off Landor Road. Public transport includes Clapham North and Brixton (underground, Northern and Victoria Line) Stations. Shopping amenities are on Clapham high Street. Recreational facilites can be found at Clapham Common. Accommodation Flat 1 Ground floor flat: Reception room, bedroom, kitchen, bathroom/wc. Flat 2 First floor flat: Two bedrooms, reception room, kitchen, bathroom/wc. Outside: Rear garden. Viewing See separate sheet
Lot 4
152 Manor Way, Mitcham CR4 1EL Freehold two floor terraced house Full vacant possession BY ORDER OF THE LONDON BOROUGH OF
Location Situated off Rowan Road within an established residential area. Public transport includes Mitcham Eastfields railway station. Shopping amenities are on Manor Road. Recreational facilites can be found at Rowan Road recreation ground. Accommodation First floor: Three bedrooms, bathroom/wc. Ground floor: Through reception room, kitchen. Outside: Front and rear garden. Viewing See separate sheet
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www.as-r.co.uk
REF: JML
Lot 5
REF: MA
121 Camberwell Road, Camberwell SE5 0HD Freehold Grade II listed four floor terrace building with planning permission granted for a single dwelling Full vacant possession In the same ownership for over 12 years Location Situated on the east side of Camberwell Road between Addington Square and New Church Road. Public Transport includes Kennington Underground (Northern Line) Station. Shopping amenities are on Camberwell Road. Recreational facilities can be found at Burgess Park. Accommodation Second floor: Two bedrooms. First floor: Two bedrooms. Half landing: Separate wc. Raised ground floor: Through reception room. Half landing: Separate shower room. Garden floor: Dining room, kitchen, separate wc. Outside: Rear patio garden, off street parking. Planning Planning permission was granted by The London Borough of Southwark on the 28/06/2012 (Ref: 12/AP/1807) for change of use from office (B1) to a single dwelling house. Copies of the plans and planning permission are available for inspection from the auctioneers. Viewing See separate sheet
Lot 6
REF: MA
123 Camberwell Road, Camberwell SE5 0HD Freehold Grade II listed four floor terrace building with planning permission granted for a single dwelling Full vacant possession In the same ownership for over 12 years Location Situated on the eastside of Camberwell Road between Addington Square and New Church Road. Public Transport includes Kennington Underground (Northern Line) Station. Shopping amenities are on Camberwell Road. Recreational facilities can be found at Burgess Park. Accommodation Second floor: Two bedrooms. First floor: Two bedrooms. Half landing: Separate wc. Ground floor: Three rooms. Garden floor: Double reception room, kitchen, two store rooms. Outside: Off street parking. Planning Planning permission was granted by The London Borough of Southwark on the 28/06/2012 ( Ref: 12/AP/1807) for change of use from office (B1) to a single dwelling house. Copies of the plans and planning permission are available for inspection from the auctioneers. Viewing See separate sheet
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Lot 7
REF: JML
68 Elliott's Row, Kennington SE11 4SZ Freehold four floor terraced house Full vacant possession BY ORDER OF A HOUSING ASSOCIATION
Location Situated within a sought after residential area off St George's Road (A201). Public transport includes Elephant and Castle (Northern and Bakerloo Line) Station. Shopping amenities are at the Elephant and Castle. Recreational facilites can be found at Newington Gardens. Accommodation Second floor: Two rooms, kitchen, bathroom/wc. First floor: Three rooms, bathroom/wc. Ground floor: Two rooms, kitchen, bathroom/wc. Lower ground floor: Utility room. Outside: Rear patio garden. The property benefits from central heating (not tested). Viewing See separate sheet
Lot 8
303d Lordship Lane, East Dulwich SE22 8JH Long leasehold second floor self-contained flat Full vacant possession Location Situated close to the junction with Godrich Road. Public transport includes East Dulwich railway station. Shopping amenities are at Lordship Lane. Recreation facilities can be found at Dulwich Park. Accommodation Reception room, bedroom, kitchen, bathroom/wc. The property benefits from central heating (not tested). Lease Held on a lease for a term of 125 years from 01/01/2001 at a ground rent of ÂŁ250 per annum. Viewing See separate sheet
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REF: DS
Lot 9
REF: JNW
Flat 7 Conifer Court, 25 Putney Hill, Putney SW15 6BE Long leasehold second floor purpose built flat Full vacant possession Location Situated between St John's Avenue and Carlton Drive. Public transport includes Putney railway station and East Putney underground station. Shopping amenities are at Putney High Street. Recreational facilities can be found at Putney Heath. Accommodation Entrance hall, two bedrooms, reception room, kitchen, bathroom, separate wc, balcony, fitted cupboards. The property benefits from a lift, central heating and an entryphone system (none tested). Lease Held on a lease for a term of 125 years from 25th March 2002 at a ground rent of ÂŁ450 per annum. Note Six week completion may be available on this lot. Viewing See separate sheet
Lot 10
REF: DS
Flat 2, 7 Blandford Street, Marylebone W1U 3DD Long leasehold second floor self contained flat in a sought after location Full vacant possession In the same ownership for over 20 years Location Situated between Gloucester Place and Marylebone High Street. Public transport includes Bond Street and Baker Street underground stations. Shopping amenities are nearby at Marylebone High Street, Baker Street and Oxford Street. Recreation facilities can be found at Regents Park adjacent with Madame Tussaud's and the Planetarium with also The Wallace Collection Museum all within a short distance. Accommodation Entrance hall, bedroom, open reception room/fitted kitchen, bathroom/wc. Lease Held on a lease for a term of 99 years from 29/09/1987 at a ground rent of ÂŁ25 per annum (rising). Viewing See separate sheet
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Lot 11
REF: DS
3 Highshore Road, Peckham SE15 5AA Spacious long leasehold ground floor self-contained maisonette Full vacant possession Location Situated off Bellenden Road. Public transport includes Peckham Rye railway station. Shopping amenities are at Rye Lane. Recreation facilities can be found at Peckham Rye Common. Accommodation Own entrance, three bedrooms, reception room, kitchen, bathroom/wc. Outside: Front garden. GIA 73.9 sq.m (796 sq.ft). The property benefits from central heating (not tested). Lease Held on a lease for a term of 124 years from 13/2/1987 at a ground rent of ÂŁ300 per annum (rising). Viewing See separate sheet
Lot 12
60 Heathcote Grove, Chingford E4 6SF Long leasehold ground floor self-contained flat Full vacant possession In the same ownership for over 25 years BY ORDER OF MOUNTVIEW ESTATES PLC
Location Situated off Endlebury Road. Public transport includes Chingford railway station. Shopping amenities are at Station Road. Recreation facilities can be found at Ridgeway Park. Accommodation Entrance hall, reception room, dining room, bedroom, kitchen, bathroom/wc. Outside: Garden. Lease To be sold on a new lease for a term of 125 years at a ground rent of ÂŁ200 per annum. Viewing See separate sheet
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www.as-r.co.uk
REF: JNW
Lot 13
REF: JNW
8 Goring Way, Greenford, Middlesex UB6 9NL Long leasehold ground floor purpose built maisonette Full vacant possession In the same ownership for over 15 years BY ORDER OF MOUNTVIEW ESTATES PLC
Location Situated off Ferrymead Gardens. Public transport includes South Greenford railway station. Shopping amenities are at Greenford Road. Recreation facilities can be found at Ravenor Park. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc. Outisde: Own section of rear garden. The property benefits from central heating (not tested) and double glazing. Lease Held on a lease for a term of 125 years from 03/04/1998 at a ground rent of ÂŁ29.50 per annum (rising). Viewing See separate sheet
Lot 14
REF: JNW
13 Colebrook Road, Norbury SW16 5QS Long leasehold ground floor self contained flat Full vacant possession Location Situated between Bishops Park Road and Abington Road. Public transport includes Norbury railway station. Shopping amenities are at London Road. Recreation facilities can be found at Norbury Park. Accommodation Reception room, bedroom, kitchen, showroom, separate WC, enclosed lean to with separate wc. Outside: Rear garden. Lease Held on a lease for a term of 99 years from 25/06/2012 at a ground rent of ÂŁ300 per annum (rising). Note Six week completion may be available on this lot. Viewing See separate sheet
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Lot 15
REF: MA
40 Danbrook Road, Streatham SW16 5JX Freehold two floor terraced house Full vacant possession In the same ownership for over 15 years Location Situated between Hepworth Road and Comer Road. Public transport includes Norbury railway station. Shopping amenities are on Streatham High Road. Recreational facilities can be found at Norbury Park. Accommodation First floor: Three bedrooms, en-suite shower room/wc. Ground floor: Through reception room, kitchen, bathroom/wc. Outside: Front and rear garden. Viewing See separate sheet
Lot 16
REF: DS
5 Brae Court, South Norwood Hill, South Norwood SE25 6DU Long leasehold second floor purpose built flat with garage Full vacant possession Location Situated at the junction with Grange Hill. Public transport includes Norwood Junction railway station. Shopping amenities are at the High Street. Recreation facilities can be found at Grangewood Park. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc. Outside: Garage. Lease Held on a lease for a term of 1000 years from 29/09/1972 at a ground rent of ÂŁ180 per annum. Viewing See separate sheet
Lot 17
Flat B, 73 High Street, South Norwood SE25 6EB Long leasehold second floor self contained flat Full vacant possession Location Situated close to the junction with Grosvenor Road. Public transport includes Norwood Junction railway station. Shopping amenities are at the High Street. Recreation facilities can be found at South Norwood Country Park. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc. Lease Held on a lease for a term of 125 years from 21/12/2005 at a ground rent of ÂŁ50 per annum. Viewing See separate sheet
22
www.as-r.co.uk
REF: DS
Lot 18
REF: DS
28 Bensham Manor Road, Thornton Heath, Surrey CR7 7AA Long leasehold first floor self-contaied flat Full vacant possession Location Situated between Brigstock Road and Whitehorse Road. Public transport includes Thornton Heath railway. Shopping amenities are at the High Street. Recreation facilities can be found at Grangewood Park. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc. Outside: Own section of rear garden. Lease Held on a lease for a term of 99 years from 25/03/2002 at a ground rent to be advised. Note The property benefits from a share of the freehold. Viewing See separate sheet
Lot 19
REF: DS
11 Headcorn Road, Thornton Heath, Surrey CR7 6JR Long leasehold ground floor self-contained flat Unlawfully occupied (*see note 1) PRE REGISTRATION REQUIRED (*see note 2) Location Situated off London Road. Public transport includes Thornton Heath and Norbury railway stations. Shopping amenities are at London Road. Recreation facilities can be found at Pollards Hill and Thornton Heath recreation ground. Accommodation Reception room, bedroom, kitchen, bathroom/wc. Outside: Rear garden. Lease Held on a lease for a term of 125 years from 1996 at a ground rent of ÂŁ50 per annum. Note 1 Purchasers must make their own enquiries as to the details of the property, must carefully note the special conditions applying and must accept the property "as is" on completion. Note 2 Purchasers are required to pre register for this lot and the deposit must be paid by cleared funds; refer to the legal pack for more information.
23
Lot 20
REF: JNW
7c Tyrwhitt Road, Brockley SE4 1QD Long leasehold first floor self-contained flat Full vacant possession Location Situated between Hilly Fields Crescent and Lewisham Way. Public transport includes St. Johns railway station. Shopping amenities are at Lewisham Way. Recreation facilities can be found at Hilly Fields Park. Accommodation Reception room, bedroom, kitchen, bathroom/wc. Outside: Communal gardens The property benefits from central heating (not tested) and double glazing. Lease Held on a lease for a term of 125 years from 06/07/1998 at a ground rent of ÂŁ10 per annum. Viewing See separate sheet
Lot 21
18 Foxberry Road, Brockley SE4 2SP Freehold two floor end of terraced house Full vacant possession In the same ownership for over 30 years Location Situated off Brockley Road. Public transport includes Brockley railway station. Shopping amenities are at Brockley Road. Recreation facilities can be found at Hilly Fields Park. Accommodation First floor: Four rooms. Ground floor: Three rooms, kitchen, external wc. Outside: Rear garden. Note Six week completion may be available on this lot. Viewing See separate sheet
24
www.as-r.co.uk
REF: JNW
Lot 22
REF: JNW
11 Hill House, 82-84 Montacute Road, Catford SE6 4XP Long leasehold top floor self contained flat Full vacant possession Location Situated between Blythe Hill and Bankhurst Road. Public transport includes Catford and Catford Bridge railway stations. Shopping amenities are at Rushey Green. Recreation facilities can be found at Blythe Hill Fields. Accommodation Open plan reception room/kitchen, bedroom, bathroom/wc. The property benefits from central heating (not tested). Lease Held on a lease for a term of 999 years from 01/01/2004 at a ground rent to be advised. Viewing See separate sheet
Lot 23
REF: MA
55 Deloraine House, Tanners Hill, Deptford SE8 4PZ Long leashold first floor purpose built flat Full vacant possession Location Situated on the south side of Tanners Hill opposite to the junction with Heston Street. Public transport includes Deptford Bridge (DLR) and New Cross railway stations. Shopping amenities are at Deptford High Street. Recreational facilities can be found at Friendly Gardens. Accommodation Reception room, bedroom, kitchen, bathroom, separate wc. Outside Communal gardens. The property benefits from central heating (not tested). Lease Held on a lease for a term of 125 years from 27/11/1989 at a ground rent of ÂŁ10 per annum. Viewing See separate sheet
25
Private Treaty Commercial Department PRICE ON APPLICATION
Winsford Industrial Estate, Cheshire, CW7 3NZ • Part vacant industrial investment (2 units) • 175,000 sq ft - fully let • 100,000 sq ft – recently refurbished, offered with vacant possession • Total Rent Reserved £621,500 pa
GUIDE PRICE £350,000
42 Church Road, Mitcham, CR4 3BU • • • •
Mixed use investment Ground floor vacant office - 344 sq ft (32 sq m) 1 bedroom ground floor flat let on AST at £850 pcm 3 bedroom flat over 1st and 2nd floors let on AST at £1,100 pcm • Total ERV = £30,600 pa exclusive
GUIDE PRICE £395,000
Crown Building, 34-36 Wellesley Road, Ashford, TN24 8EN
Iceni House, Newland Street, Witham, CM8 2AX
• • • •
Vacant office with redevelopment potential 17,574 sq ft (1,633 sq m) 35 car parking spaces In close proximity to station and short walk to all town centre amenities • A letting of the whole property will also be considered
• Vacant office with redevelopment potential • 14,174 sq ft (1,317 sq m) • Planning for 13 x two bedroom flats with associated parking. Ref (12/00739/OUT) • Situated within Witham town centre and close to all local amenities • Vendor may consider entering into a joint venture
Richard Wright E: richardwright@as-r.co.uk
Adam Hanline E: ahanline@as-r.co.uk
21-23 Mossop Street Chelsea, London SW3 2LY T: 020 7808 8530 F: 020 7581 1973
24 High Street, Wimbledon London SW19 5DX T: 020 8971 4999 F: 020 8971 4954
Offices in Chelsea, Wimbledon and Camberwell
26
GUIDE PRICE £380,00
www.as-r.co.uk
www.as-r.co.uk
Residential sales Premium service for • Complimentary market appraisals
• Expert local knowledge
• Experienced team
• Range of professional services
• Comprehensive marketing Contact: Wimbledon Village 24 High Street, Wimbledon London SW19 5DX Residential T: 020 8971 6780 F: 020 8946 3683 E: residential@as-r.co.uk
Wimbledon Town 50 Wimbledon Hill Road Wimbledon, London SW19 7PA Residential T: 020 8971 3800 F: 020 8944 8624 E: residential@as-r.co.uk
Commercial T: 020 8971 4999 F: 020 8971 4954 E: commercial@as-r.co.uk
Commercial T: 020 8971 4999 F: 020 8971 4954 E: commercial@as-r.co.uk
www.as-r.co.uk
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27
Lot 24
REF: MA
81-103 Trinity Avenue, & 162-168 Stanhope Road, Northampton NN2 6LD Two freehold blocks comprising 16 purpose built flats Planning permission for a further nine x two bedroom flats Investment/development opportunity Location Northampton is a popular market town approximately 65 mile north west of London and benefits from easy access via the M1 motorway and direct train links to London Euston railway station. The buildings are situated on a prominent corner site at the junction with Trinity Avenue and Stanhope Road. Public transport includes Northampton railway station. Shopping amenities are on Kingsthope Road. Recreational facilities include Kingsthorpe Golf Club, Kingsthorpe Park and The Racecourse.
162-168 Stanhope Road
Accommodation/tenancies Unit
Accommodation
Tenancy
Effective Date
Rent pa
81 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of 12 months at a rent of £550 per month
19/07/2012
£6,600
83 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £525 per month
13/12/2012
£6,300
85 Trinity Ave
Three bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £550 per month
26/09/2012
£6,600
87 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £510 per month
27/12/2012
£6,120
89 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £525 per month
21/02/2013
£6,300
91 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £515 per month
24/10/2012
£6,180
93 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £525 per month
21/11/2012
£6,300
95 Trinity Ave
Three bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £550 per month
30/11/2012
£6,600
97 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £525 per month
08/10/2012
£6,300
99 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £525 per month
08/10/2012
£6,300
101 Trinity Ave
Three bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £550 per month
08/11/2012
£6,600
103 Trinity Ave
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £525 per month
01/12/2012
£6,300
162 Stanhope Rd
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of six months at a rent of £525 per month
05/03/2012 (holding over)
£6,300
164 Stanhope Rd
Two bedrooms, reception room, kitchen, bathroom/wc
Vacant
166 Stanhope Rd
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of 6 months at a rent of £525 per month
05/11/2012
£6,300
168 Stanhope Rd
Three bedrooms, reception room, kitchen, bathroom/wc
Let on an AST for a term of 6 months at a rent of £550 per month
01/03/2013
£6,600
Total rent reserved £95,700 per annum Planning Planning permission was granted by Northampton Borough Council on 23/08/2012 (ref: N/2012/0642) to provide 9 x 2 bedroom additional units. Copies of the plans and planning permission are available for inspection from the auctioneers. Enquiries and viewing Telephone Richard Wright 020 7808 8530
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Lots 25-27
REF: JML
354, 355 & 356 Fittleton, Netheravon, Wiltshire SP4 9QA Three freehold two floor terraced houses with rural views Investment The vendor reserves the right to offer as one lot or individually BY ORDER OF DEFENCE INFRASTRUCTURE ORGANISATION
Location Situated at the bottom of a cul de sac to the north side of Fittleton, close to River Cottage. The road is indicated with a Coombe Public Walk sign on the corner. Public transport includes local bus routes. Shopping amenities are in the village of Netheravon. Recreational facilities can be found locally.
Lot 25
REF: JML
354 Fittleton, Netheravon, Wiltshire SP4 9QA Freehold two floor end of terrace house with rural views Investment BY ORDER OF DEFENCE INFRASTRUCTURE ORGANISATION
Accommodation First floor: Two rooms. Ground floor: Two reception rooms, kitchen, bathroom/wc. Outside: Large gardens. The property benefits from oil fired central heating (not tested). Tenancy Refer to the tenancy agreement in the legal pack. Note Further photos are available from the auctioneers.
Lot 26
REF: JML
355 Fittleton, Netheravon, Wiltshire SP4 9QA Freehold two floor terraced house with rural views Investment BY ORDER OF DEFENCE INFRASTRUCTURE ORGANISATION
Accommodation First floor: Two rooms. Ground floor: Two reception rooms, kitchen, bathroom/wc. Outside: Large gardens. The property benefits from solid fuel central heating (not tested). Tenancy Refer to the tenancy agreement in the legal pack. Note Further photos are available from the auctioneers.
Lot 27
REF: JML
356 Fittleton, Netheravon, Wiltshire SP4 9QA Freehold two floor terraced house with rural views Investment BY ORDER OF DEFENCE INFRASTRUCTURE ORGANISATION
Accommodation First floor: Two rooms. Ground floor: Two reception rooms, kitchen, bathroom/wc. Outside: Large gardens. The property benefits from oil fired central heating (not tested). Tenancy Refer to the tenancy agreement in the legal pack. Note Further photos are available from the auctioneers.
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Lot 28
REF: JML
882/883 Ludgershall Road, Tidworth, Wiltshire SP9 7LU A pair of freehold two floor semi-detached houses Investment BY ORDER OF DEFENCE INFRASTRUCTURE ORGANISATION
Location Situated off Ludgershall Road opposite the junction with Kennet Road. Public transport includes Tidworth railway station. Shopping amenities are within the town centre. Recreational facilities can be found locally. Accommodation 882 Ludgershall Road First floor: Three bedrooms, bathroom/wc. Ground floor: Reception room, kitchen. Outside: Front and rear gardens. 883 Ludgershall Road First floor: Three bedrooms, bathroom/wc. Ground floor: Reception room, kitchen. Outside: Front and rear gardens. Tenancy Both properties are let on a 23 year lease from 01/08/2003 at a rental of £2,200 per annum. Rent reviews are every three years the rent has not been reviewed. Total rent reserved £2,200 per annum
Lot 29
Parsonage Farm, 40 Elm Hill, Warminster, Wiltshire BA12 0AY Freehold three floor detached farmhouse with rural views Investment Location Situated within a picturesque rural location just to the north of Wiltshire with views of Salisbury Plain. Accessed off Copheap Lane, public transport includes Warminster railway station. Shopping amenities are within the town centre. Recreational facilites can be found at Warminster Golf Club. Accommodation Second floor: Two bedrooms. First floor: Three bedrooms, bathroom/wc. Ground floor: Two reception rooms, kitchen/breakfast room, utility room, cloakroom/wc. Outside: Front gardens. Tenancy Let on a 16 year lease from 25/07/2003 at a rental of £3,840 per annum. Rent reviews are every three years. Total rent reserved £3,840 per annum
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REF: JML
Lot 30
REF: DS
30 Gerridge Court, Gerridge Street, Southwark SE1 7QF Long leasehold second floor purpose built flat Regulated investment In the same ownership for over 15 years Location Situated at the junction with Morley Street. Public transport includes Lambeth North Underground and Waterloo Railway and Underground stations. Shopping amenities are at Waterloo Road. Recreation facilities can be found at Lambeth Palace Gardens. Accommodation Three rooms, kitchen, bathroom/wc. Tenancy Let on a Regulated Tenanacy at a registered rent of £112.50 per week effective from 26/10/2011. Total rent reserved £5,850 per annum Lease Held on a lease for a term of 125 years from 24/06/1998 at a ground rent to be advised.
Lot 31
REF: DS
121 Barry Road, East Dulwich SE22 0HW Long leasehold first floor self-contained flat Regulated investment In the same ownership for over 14 years Location Situated between Lordship Lane and Peckham Rye, close to the junction with Underhill Road. Public transport includes Peckham Rye railway station. Shopping amenities are at Lordship Lane. Recreation facilities can be found at Peckham Rye Common. Accommodation Reception room, bedroom, kitchen, bathroom. Outside: Front garden. Tenancy Let on a Regulated Tenancy at a registered rent of £637 per month effective from 01/10/2012. Total rent reserved £7,644 per annum Lease Held on a lease for a term of 120 years from 29/09/2012 at a ground rent of £250 per annum (rising).
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Lot 32
REF: DS
44 The Park Apartments, London Road, Brighton, Sussex BN1 6YL Long leasehold third floor flat in a modern block Regulated investment Location Situated within a gated complex, close to the junction with Tongdean Lane. Public transport includes Preston Park railway station. Recreation facilities can be found at Withdean Park. Shopping amenities are situated locally. Accommodation Four rooms, kitchen, bathroom/wc. Tenancy Let on a regulated tenancy at a registered rent of £2,101.98 per quarter effective from 27/11/2012. Total rent reserved £8,407.92 per annum Lease Held on a lease for a term of 125 years from 25/03/2001 at a ground rent to be advised. Note The property benefits from a lift and communal use by The Park Apartments residents of the well equipped gym and sauna.
Lot 33
REF: JNW
166-170 Rye Lane, Peckham SE15 4NB Headleasehold residential upper parts arranged as six self-contained flats (Four flats let, two flats sold) Investment Total rent reserved £40,400 per annum Location Situated close to the junction with Choumert Road. Public transport includes Peckham Rye railway station. Shopping amenities are at Rye Lane. Recreation facilities can be found at Peckham Rye Common.
Accommodation/tenancy schedule Flat 6 5
Floor Accommodation Tenancy Second/third sold on a lease for a term of 125 years from 09/05/2003 at a ground rent of £100 per annum Second/third Two bedrooms, reception room, kitchen, 12 month Assured Shorthold Tenancy bathroom/wc
Effective Date
Rent per month
03/05/2012
£950
4 3
Second/third sold on a lease for a term of 125 years from 09/05/2003 at a ground rent of £100 per annum First Two bedrooms, reception room, kitchen, 12 month Assured Shorthold Tenancy bathroom/wc
29/07/2011 (holding over)
£850
2
First
Reception room, bedroom, kitchen, bathroom/wc
12 month Assured Shorthold Tenancy
14/01/2013
£750
1
First
Two bedrooms, reception room, kitchen, bathroom/wc
12 month Assured Shorthold Tenancy
2000 (holding over)
£800
Total rent reserved £40,400 per annum Lease Held on a headlease for a term of 999 years from 01/01/1989 at a ground rent of £100 per annum.
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SIG C 22/03/2013 13:55 Page 33
Lot 34
REF: JNW
8 Bramah Green, Myatts Fields, Brixton SW9 7RG Long leasehold ground/first floor purpose built maisonette Investment Location Situated off Faribairn Green. Public transport includes Stockwell and Oval underground stations. Shopping amenities are at Brixton Road. Recreation facilities can be found at Mostyn Gardens. Accommodation Three bedrooms, reception room, kitchen, bathroom/wc. Tenancy Let on a three year lease from 18/12/2012 at a rent of £1,040 per month. Total rent reserved £12,480 per annum Lease Held on a lease for a term of 125 years from 18/05/1992 at a ground rent of £10 per annum.
Lot 35
REF: JNW
30 Bramah Green, Myatts Fields, Brixton SW9 7RG Long leasehold ground/first floor purpose built maisonette Investment Location Situated off Faribairn Green. Public transport includes Stockwell and Oval underground stations. Shopping amenities are at Brixton Road. Recreation facilities can be found at Mostyn Gardens. Accommodation Three bedrooms, reception room, kitchen, bathroom/wc. Tenancy Let on a three year lease from 20/03/2013 at a rent of £1,040 per month. Total rent reserved £12,480 per annum Lease Held on a lease for a term of 125 years from 13/04/1992 at a ground rent of £10 per annum.
Lot 36
REF: JNW
44 Park View House, Hurst Street, Herne Hill SE24 0EH Long leasehold tenth floor purpose built flat Investment Location Situated between Dulwich Road and Herne Hill Road. Public transport includes Herne Hill railway station. Shopping amenities are at Half Moon Lane and Norwood Road. Recreation facilites can be found at Brockwell Park. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc. Tenancy Let on an agreed three year lease from 19/04/2013 at a rent of £960 per month. Total rent reserved £11,520 per annum Lease Held on a lease for a term of 125 years from 10/11/1986 at a ground rent to be advised.
33
SIG C 22/03/2013 13:55 Page 34
Lot 37
REF: DS
13 Spencer Road, Caterham on the Hill, Surrey CR3 5LE Leasehold ground floor self-contained maisonette with garage Investment Location Situated off Foxon Lane. Public transport includes Caterham railway station. Shopping amenities are at the High Street. Recreation facilities can be found at Coulsdon Common and Surrey National Golf Course. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc. Outside: Own front garden and garage en-bloc. Tenancy Let on an Assured Shorthold Tenancy for 12 months from 01/04/2013 at a rent of £790 per month. Total rent reserved £9,480 per annum Lease Held on a lease for a term of 75 years from 23/12/1976 at a ground rent of £30 per annum (rising). Note We are advised that the tenant has been in occupation since 2007.
Lot 38
REF: JNW
30 Brighton Road, Salfords, Redhill RH1 5BX Freehold lock up shop with three self-contained flats (two flats let, one flat sold and shop sold) Investment Location Situated off the Brighton Road, between the junctions with Honeycrock Lane and Westmead Drive, within a retail parade serving a mixed residential and commercial catchement area. Local traders includes Ladbrokes, Pharmacy, Tanning Salon, Launderettes, Hairdressers, Supermarket and three various restaurants. Further trade maybe gained from pedestrians and vehicular traffic going to and from Salfords (Surrey) railway station. Recreation facilites can be found at Perrywood Sports and Social Club Sports Ground.
Accommodation/tenancies (Approximate dimensions) Unit
Accommodation
Tenant
30a
Three bedrooms, reception room, kitchen, bathroom/wc
Sold on a lease for a term of 125 years from 24/6/2003 at a ground rent of £150 per annum
30b
Studio room, kitchen, bathroom/wc
12month Assured Shorthold Tenancy
12/04/2013
£6,600 p.a.
30c
Studio room, kitchen, bathroom/wc
12month Assured Shorthold Tenancy
09/07/2007
£6,000 p.a.
Shop
Sales area 6m x 8m
Total rent reserved £12,800 per annum Energy Performance Certificate Available on our website
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Tenancy
Effective Date
Rent
Sold on a lease for a term of 125 years from 24/6/2003 at a ground rent of £50 per annum
SIG C 22/03/2013 13:55 Page 35
Lot 39
REF: DS
Flat 1 Dawes House, Orb Street, Walworth SE17 1RE Long leasehold ground floor purpose built flat Investment In the same ownership for over 15 years Location Situated between East Street and Stead Street. Public transport includes Elephant & Castle railway and underground stations. Shopping amenities are at Walworth Road. Recreation facilities can be found at Burgess Park. Accommodation Three bedrooms, reception room, kitchen, bathroom/wc. Tenancy Let on an Assured Shorthold Tenancy from 1999 at a rent of £866.66 per month (holding over). Total rent reserved £10,399.92 per annum Lease Held on a lease for a term of 125 years from 05/12/1988 at a ground rent of £10 per annum.
Lot 40
REF: JNW
90 Eardley Road, Streatham SW16 6BL Long leasehold first floor self-contained flat Investment BY ORDER OF THE MORTGAGEES
Location Situated close to the junction with Westcote Road. Public transport includes Streatham Common railway station. Shopping amenities are at Streatham High Road. Recreation facilities can be found at Streatham Common. Accommodation Reception room, bedroom, kitchen, bathroom/wc. The property benefits from central heating (not tested). Tenancy Let on an Assured Shorthold Tenancy for 12 months from 19/02/2011 at a rent of £650 per month (holding over). Total rent reserved £7,800 per annum Lease Held on a lease for a term of 125 years from 24/06/2005 at a ground rent of £150 per annum.
Lot 41
REF: DS
Flat 2, 326 Brownhill Road, Catford SE6 1AX Leasehold ground floor self-contained flat Investment Disclosed Reserve below £100,000 Location Situated at the junction with Minard Road. Public transport includes Hither Green railway station. Shopping amenities are at Rushey Green. Recreation facilities can be found at Mountsfield Park. Accommodation Own entrance, two rooms, kitchen, bathroom/wc. Outside: Front and rear gardens, allocated parking space. Tenancy Let on an Assured Shorthold Tenancy for 24 months from 17/11/2007 at a rent of £801.67 per month (holding over). Total Rent Reserved £9,620.04 per annum Lease Held on a lease for a term of 99 years from 24/06/1989 at a ground rent of £125 per annum (rising). Note The property benefits from a share of the freehold.
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SIG C 22/03/2013 13:55 Page 36
Lot 42
REF: JML
Seymour Court, 17/19 Church Street, Twickenham TW1 3NN Two freehold three floor terraced buildings arranged as two shops (one shop let, one shop sold on a long lease) with 10 self-contained flats above (all sold on long leases) Investment BY ORDER OF THE TRUSTEES
Location Situated in central Twickenham, Church Street is an attractive cobbled retail thoroughfare accessed from King Street (A305) and running parallel to the River Thames which is within easy walking distance. Other nearby occupiers include Barclays Bank, William Hill, plus several independent clothes shops, a restaurant, a book shop and a cafe.
Accommodation/tenancy schedule Floor
Accommodation
Tenancy
Rent per annum
Shop 1
N/A
Sold on a long lease for a term of 999 years from 29/09/1994
£100
Shop 2
Shop frontage: 4.8m (15') Shop depth: 10.4m (34') Sales area: 44.1 sq m (474 sq ft) Rear stock room: 12.9 sq m (139 sq ft) kitchen, wc
Let on a 10 year effective FR&I Lease from 29/09/2006 with an outstanding rent review at the fifth anniversary
£14,000
Flats 1-10
N/A
Each flat is sold on a long lease for a term of 125 years commencing 25/03/1982 at a ground rent of £80 per annum
£800
Total rent reserved £14,900 per annum Energy Performance Certificate Available on our website
Lot 43
REF: JML
12 Church Road, Crystal Palace SE19 2ET Freehold four floor terraced building arranged as a shop with three self-contained flats (shop and first floor flat let, lower ground floor flat vacant, second floor flat sold on a long lease) Part vacant possession BY ORDER OF THE LPA RECEIVERS
Location Situated to the north side of Church Road opposite the junction with Milestone Road. The property is within an established parade of shops on a busy road and serving a densely populated residential catchment area. Public transport includes Crystal Palace railway station. Shopping amenities are at Westow Hill. Recreational facilites can be found at Crystal Palace Park.
Accommodation/tenancy schedule Floor
Accommodation
Tenancy
Rent per annum
Second floor flat First floor flat Ground floor shop
Sold on a long lease for a term of 99 years from 29/09/1988 Reception room, bedroom, kitchen, bathroom/wc Sales area: 27 sq m (290 sq ft) Kitchen, wc’s
N/A
£100
Let on an assured shorthold tenancy for 24 months from 01/08/2012
£7,800 £7,800
Lower ground floor flat
Two bedrooms, reception room, kitchen, bathroom/wc
Note: Currently occupied under a tenancy at will from 11/12/2012 at a rent of £650 per calendar month pending completion of agreed lease for a term of 10 years (FR&I) with a rent review at the fifth year. Vacant
Total rent reserved £15,700 per annum with vacant possession of the lower flat Viewing See separate sheet Energy Performance Certificate Available on our website
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N/A
SIG C 22/03/2013 13:55 Page 37
Lot 44
REF: JML
93 Blackheath Road, Blackheath SE10 8PD Long leasehold ground floor shop Full vacant possession
Location Situated within an established retail parade to the north side of Blackheath Road close to the junction with Greenwich South Street. The shop is on a busy main road and serves a large residential catchment area. There is a Wickes and Pets at Home opposite the property, other nearby local occupiers include a Chemist, Hair Salon, E Coombes betting office and several fast food takeaway restaurants. Accommodation (approximate dimensions) Shop frontage: 5.2m (17ft). Return frontage: 2.3m (7'5"). Shop depth: 7m (22"9"). Rear kitchen and wc. Lease Held on a lease for a term of 99 years from 25/12/1988 at a ground rent of ÂŁ50 per annum (rising). Note The property benefits from an electric roller shutter and central heating (not tested). Viewing See separate sheet Energy Performance Certificate Available on our website
Lot 45
REF: JML
207/207a & 209 Manor Road, Mitcham CR4 1JH Two freehold two floor terraced buildings arranged as two shops (one shop vacant one shop sold) a first floor flat (sold) and four garages to the rear (vacant) Part vacant possession Location Situated on Streatham and Norbury borders within a secondary retail parade servicing a large residential area. Other nearby occupiers include a convenience store, a takeaway restaurant and a hairdressers. Adjacent to three bus routes serving Streatham Common railway station. Accommodation/tenancies (Approximate dimensions) Address
Floor
Accommodation
Shop 207
Ground
Shop 209
Ground
Upper flat207a
First floor
Shop Frontage: Vacant 5.7m (18'6''). Sales area: 50.32 sq m (541 sq ft). Kitchen, separate WC. Outside rear office building 19,31 sq m (207 sq ft). Sold on a lease for a term of 999 years from 16/12/1985 Sold on a lease for a term of 999 years from 19/10/1987 Garage numbers Vacant 1, 2, 3, & 6
Rear Garages
Tenancy
Rent per annum na
Peppercorn
ÂŁ50
na
Note 1 As far as the sellers are aware the garages are not currently occupied - buyers must rely on their own enquiries in relation to the ownership of any possessions which may be stored in the garages. Note 2 VAT is not applicable to this lot. Viewing See separate sheet Energy Performance Certificate Available on our website
37
SIG C 22/03/2013 13:55 Page 38
Lot 46
REF: JNW
34/36 Brighton Road, Salfords, Redhill RH1 5BX A Pair of freehold lock up shops with two self-contained flats above (one shop let, one shop and two flats sold) Investment Location Situated off the Brighton Road, between the junctions with Honeycrock Lane and Westmead Drive, within a retail parade serving a mixed residential and commercial catchement area. Local traders includes Ladbrokes, Pharmacy, Tanning Salon, Launderettes, Hairdressers, supermarket and three various restaurants. Further trade maybe gained from pedestrians and vehicular traffic going to and from Salfords (Surrey) railway station. Recreation facilites can be found at Perrywood Sports and Social Club Sports Ground.
Accommodation/tenancies (Approximate dimensions) Unit
Accommodation
Tenant
34
Sales Area 3.7m x 13.2m
Sold on a lease for a term of 99 years from 23/06/2005 at a ground rent of £50 per annum
Tenancy
36
Sales Area 5.1m x 13.2m
Ladbrokes Gaming & Betting Ltd
36a
Two bedrooms, reception room, kitchen, bathroom/WC
Sold on a lease for a term of 99 years from 28/10/2005 at a ground rent of £150 per annum
36b
Reception room, bedroom, kitchen, bathroom/WC
Sold on a lease for a term of 99 years from 12/03/2004 at a ground rent of £150 per annum
10 year FR&I lease
Effective Date 11/10/2011
Rent £8,000 p.a.
Total rent reserved £8,350 per annum Note Ladbrokes Betting and Gaming Ltd reported a turnover for year ending 31/12/2012 of £683.6m, pre-tax profit of £67.27m and a net worth of £774.9m. Energy Performance Certificate Available on our website
Lot 47
REF: JNW
32 Brighton Road, Salfords, Redhill RH1 5BX Freehold lock-up shop with two self-contained flats (shop let and two flats sold) Investment Location Situated off the Brighton Road, between the junctions with Honeycrock Lane and Westmead Drive, within a retail parade serving a mixed residential and commercial catchement area. Local traders includes Ladbrokes, Pharmacy, Tanning Salon, Launderettes, Hairdressers, supermarket and three various restaurants. Further trade maybe gained from pedestrians and vehicular traffic going to and from Salfords (Surrey) railway station. Recreation facilites can be found at Perrywood Sports and Social Club Sports Ground.
Accommodation/tenancies (Approximate dimensions) Unit
Accommodation
Tenant
32a
Three bedrooms, reception room, kitchen, bathroom/WC
Sold on a lease for a term of 99 years from 22/08/2003 at a ground rent of £150 per annum
32b
Reception room, bedroom, kitchen, bathroom/WC
Sold on a lease for a term of 99 years from 15/08/2003 at a ground rent of £150 per annum
Shop
Sales area 6m x 8m
Pharmhealth Ltd t/a Mediwise Pharmacy
Total rent reserved £7,300 per annum Energy Performance Certificate Available on our website
38
www.as-r.co.uk
Tenancy
10 year lease 23/02/2012
Effective Date
Next review due 02/2015
Rent
£7,000 p.a.
SIG C 22/03/2013 13:55 Page 39
Lot 47A
REF: JML
22-24 Addington Road, West Wickham, Kent BR4 9BS Two freehold three floor mixed use buildings arranged as a double retail unit together with three flats above Full vacant possession Development potential subject to consents BY ORDER OF THE TRUSTEE IN BANKRUPTCY
Location Situated at the junction of Summer Road and Addington Road within a busy secondary parade of shops servicing a large residential catchment area. Other nearby occupiers include a newsagents, a restaurant and a hairdressers. Further trade may be gained from the high level of passing vehicular traffic as well as pedestrian footfall. Public transport includes Hayes (Kent) railway station. Accommodation Unit
Floor
Accommodation
Flat
Second
Two bedrooms, reception room, kitchen, bathroom/wc.
Flat
First/second
Three bedrooms, reception room, kitchen, bathroom/wc.
Flat
First
Two bedrooms, reception room, kitchen, bathroom/wc.
Shop
Ground
Retail area: 103 sq m (1108 sq ft) Rear storage room: 19.2 sq m (206 sq ft) Ancillary: 9 sq m ( 96 sq ft)
Note There is a secure store to the rear and off-street parking. Viewing See separate sheet Energy Performance Certificate Available on our website Joint Agents
James Couse. Telephone: 020 7955 8416.
Lot 48
REF: JNW
Site Rear of 30-36 Brighton Road, Salfords, Redhill RH1 5BX Freehold site with planning permission for four x two bedroom chalet bungalows Full vacant possession (*see note 1) Location Situated off the Brighton Road, between the junctions with Honeycrock Lane and Westmead Drive. Public transport includes Salfords (Surrey) railway station. Shopping amenities are at Brighton Road. Recreation facilites can be found at Perrywood Sports and Social Club Sports Ground. Planning Planning permission has been granted by Reigate & Banstead Borough Council on the 25/10/2012 (Ref: P/12/01473/F) for the erection of four x two bedroom chalet bungalows each to comprise as follows: First Floor: Bedroom, bathroom/wc. Ground Floor: Bedroom, open plan reception room/kitchen, separate wc. Outside: Front and rear gardens. Note 1 We are advised that there are two parking licences on the site which have been agreed verbally. Perspective purchasers must rely on their own enquiries in this regard. Note 2 Copies of the plans and planning permission are available for inspection from the auctioneers. Viewing Telephone auctioneers 020 7703 4401
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Lot 49
REF: DS
Site adjacent to 28 Longlands Avenue, Coulsdon, Surrey CR5 2QJ Freehold site with planning permission for the erection of a two bedroom house with parking Full vacant possession Location Situated between Richland Avenue and The Mount. Public transport includes Coulsdon Town ad Woodmansterne railway stations. Shopping amenities are at Chipstead Valley Road. Recreation facilities can be found at Clockhouse Recreation Ground and Woodcote Park Golf Course. Planning Planning permission has been granted by the London Borough of Sutton on the 21/12/2012 (Ref: C2012/66720/FUL) for the erection of a two bedroom house with parking to comprise as follows: First floor: Two bedrooms, shower room/wc. Ground floor: Reception room/dining room, kitchen, bathroom/wc. Outside: Front off street parking and rear garden. Copies of the plans and planning permission are available for inspection from the auctioneers. Viewing Open site
Lot 50
REF: MA
Land to the rear of 79 Cranston Road, Forest Hill SE23 2EZ Freehold site with planning for the erection of a one bedroom bungalow Full vacant possession Location Situated between Kilmorie road and Como Road with access via Vancouver Road. Public transport includes Forest Hill railway station. Shopping amenities are at Dartmouth Road. Recreational facilities can be found at Mayow Park. Planning Planning permission was granted by The London Borough of Lewisham on the 21/04/2011 (Ref:DC/11/76643) for the construction of one bedroom bungalow to comprise: Reception room/kitchen, bedroom, bathroom/wc. Outside: Rear garden. Copies of the plans and planning permission are available from the auctioneers for inspection. Viewing Open site
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Side Elevation
SIG C 22/03/2013 13:56 Page 41
Lot 51
REF: JML
Artists Impression
Imperial Works, 29a Hindsley's Place, Forest Hill SE23 2NQ Freehold development site with planning permission granted for a new three floor building to comprise six live/work units Full vacant possession Location Situated within an established residential area accessed from both Hindsley's Place and Westbourne Drive. Public transport includes Forest Hill railway station which has a direct link to London Bridge with a journey time of 15 minutes. Local shopping amenities are on Dartmouth Road. Recreational facilities can be found at Horniman Gardens. Planning Planning permission has been granted by the London Borough of Lewisham on the 09/07/2012 (ref: DC/12/80538/X) for the demolition of the existing two floor warehouse building and the construction of a contemporary three floor building to provide six live work units as follows: Accommodation Unit
Beds
Floor
GIA Live
GIA Work
GIA Total
External
1
1
Ground and first
43 sq m (463 sq ft)
30 sq m (323 sq ft)
73 sq m (786 sq ft)
–
2
1
Ground and first
48.9 sq m (527 sq ft)
45.9 sq m (495 sq ft)
95 sq m (1023 sq ft)
–
3
2
Ground, first and second
81.2 sq m (883 sq ft)
43 sq m (463 sq ft)
124.9 sq m (1345 sq ft)
13 sq m (140 sq ft)
4
2
Ground, first and second
83.9 sq m (904 sq ft)
44 sq m (474 sq ft)
128 sq m (1387 sq ft)
13 sq m (140 sq ft)
5
3
Ground, and mezzanine
137 sq m (1475 sq ft)
26 sq m (280 sq ft)
163 sq m (1755 sq ft)
31 sq m (334 sq ft)
6
2
First and second
133.9 sq m (1442 sq ft)
28.9 sq m (312 sq ft)
163 sq m (1755 sq ft)
14 sq m (151 sq ft)
Circulation
units
Fifth and sixth
–
–
18 sq m (194 sq ft)
–
Total
Edit
Edit
528.9 sq m (5694 sq ft)
218 sq m (2347 sq ft)
764 sq m (8234 sq ft)
70.9 sq m (764 sq ft)
Artists Impression
Note It is considered that the site may be suitable for a revised scheme of traditional residential accommodation. Interested parties should rely on their own enquirers with the London Borough of Lewisham planning department, telephone: 020 8314 7400. Viewing Telephone auctioneers 020 7703 4401
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Lot 52
Cruisemaster Yard & Boatyard Premises, Eel Pie Island, Twickenham TW1 3DY Freehold boatyard and premises Investment BY ORDER OF
Location Eel Pie Island is situated on the River Thames at Twickenham, accessed via a footbridge. Public transport includes Twickenham Railway Station. The numerous shops bars and restaurants found in central Twickenham are within walking distance. Recreational facilites can be found along the Thames and at Richmond Park. Description The island comprises approximatley 50 houses, a range of artists studio's and small businesses and several commercial boat yards. The island has strong links with the music industry and was well known as a major jazz and blues venue in the 1960's. The subject property comprises a yard area, boat store and slipway. There is a river frontage of approximatley 15.5m (50ft) and a site area of approximately 707.5 sq m (7,612 sq ft). Tenancy The property is let on a five year lease from 22/06/2006 (holding over) at a rental of ÂŁ5,000 per annum. Note The property is to be sold with a restrictive covenant limiting the use to a boat yard. Further information is available in the legal pack.
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REF: JML
SIG C 22/03/2013 13:56 Page 43
Lot 53
REF: JNW
55 Felixstowe Road, Edmonton N9 0DX Freehold two floor terraced house Full vacant possession In the same ownership for over 25 years Location Situated between Plevna Road and Brettenham Road. Public transport includes Edmonton Green and Silver Street railway stations. Shopping amenities are at Fore Street. Recreation facilaities can be found at Pymmes Park. Accommodation First floor: Three bedrooms. Ground floor: Through reception room, kitchen, showeroom/wc. Outside: Rear garden. Viewing See separate sheet
Lot 54
REF: JNW
51 Blyth Road, Walthamstow E17 8HP Leasehold first floor self-contained maisonette Full vacant possession Location Situated between Hitcham Road and Markhouse Road. Public transport includes Leyton Midlands Road railway station. Shopping amenities are at Lee Bridge Road. Recreational facilities can be found at Lee Valley Park. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc. Outside: Shared rear garden. The property benefits from central heating (not tested). Lease Held on a lease for a term of 99 years from 26/06/1973 at a ground rent of ÂŁ20 per annum. Viewing See separate sheet
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Lot 55
REF: JNW
49 Blyth Road, Walthamstow E17 8HP Leasehold ground floor self-contained maisonette Investment Location Situated between Hitcham Road and Markhouse Road. Public transport includes Leyton Midland Road railway station. Shopping amenities are at Lee Bridge Road. Recreational facilities can be found at Lee Valley Park. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc. Outside: Shared rear garden. The property benefits from central heating (not tested). Tenancy Let on an Assured Shorthold Tenancy for 12 months from 03/12/2011 at a rent of £925 per month (holding over). Total rent reserved £11,100 per annum Lease Held on a lease for a term of 99 years from 21/04/1986 at a ground rent of £45 per annum. Note 1 The monthly rent is due to increase to £950 per month from June 2013 bringing the annual income to £11,400 per annum. Viewing Telephone auctioneers
Lot 56
26 Charles Avenue, Chilwell, Beeston, Nottingham NG9 5EE Freehold two floor detached house Full vacant possession BY ORDER OF THE TREASURY SOLICITOR (BV)
Location Situated between Attenborough Road and Bye-Pass Road approximately six miles south west of Nottingham city centre. Public transport includes local bus services and Attenborough railway station. Shopping amenities are local with further larger department stores found in the nearby city centre. Recreational facilities can be found at Chilwell Manor Golf Course and within the surrounding countryside. Accommodation First floor: Three rooms, bathroom/wc. Ground floor: Two rooms, kitchen. Outside: Front and rear garden. Viewing See separate sheet Note It is possible that there are bats roosting at the property. Interested parties must rely on their own enquiries in this regard.
44
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REF: JML
SIG C 22/03/2013 13:56 Page 45
Lot 57
REF: JML
60 Kirkwood Grove, Medbourne, Milton Keynes MK5 6FP Freehold three floor semi-detached house Full vacant possession
Location Milton Keynes is a popular commuter town giving easy excess to London via the M1 motorway as well as direct train links to London's Euston railway station with a journey time of approximately 35 minutes. The property is located between Flamstead Gate and Tattenhoe Street with access off Vemier Crescent. Shopping amenities are local with larger department stores located close by in the Midsummer Place shopping centre. Recreational facilities can be found at Shenley Wood and the surrounding countryside. Accommodation The property has not been internally inspected by the auctioneers. Iinterested parties must rely on their own enquires and verify the accommodation for themselves. Second floor: Two bedrooms, en-suite bathroom/wc. First floor: Reception room, bathroom. Ground floor: Kitchen. Viewing See separate sheet
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45
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Lot 58
REF: DS
5 Cliff Terrace, Margate, Kent CT9 1RU Freehold five floor building arranged as a shop with basement and three self-contained flats above, with direct sea views from all units Planning permission granted for conversion of the shop and basement into a two bedroom maisonette (work has commenced) Part vacant possession Location Situated between Elthelbert Terrace and Fort Crescent. Public transport includes Margate railway station. Shopping amenities are at The Parade. Recreation facilities can be found at Dane Park. Accommodation/tenancies Floor
Accommodation
Tenant
Tenancy
Effective date
Rent per annum
Third floor
Reception room, bedroom, kitchen, bathroom/wc
Amicus Horizon Housing Association
Five year lease
27/02/2012
£4,320
Second floor
Reception room, bedroom, kitchen, bathroom/wc
Amicus Horizon Housing Association
Five year lease
12/03/2012
£4,320
First floor
Reception room, bedroom, kitchen, bathroom/wc
Amicus Horizon Housing Association
Five year lease
27/02/2012
£4,320
Ground/lower Ground floor
Shop area with basement (*see planning note below)
Vacant
Total Rent Reserved £12,960 per annum together with vacant possession of the ground and lower ground floor Planning Planning permission was granted by Thanet District Council on the 26/2/2009 (Ref: F/TH/09/0024) for the change of use of the ground and lower ground floor to a two bedroom maisonette with associated building works. (work has commenced). Copies of the planning permission are available for inspection from the auctioneers. Note We have been advised by the vendor that a two bedroom maisonette over the ground and lower ground floor has been rent assessed at £460 per month giving a potential income for the whole property of £18,480 per annum. Alternatively the buyer may have potential to apply for the change of use to return the unit to A3 use. Prospective purchasers must rely on thier own enquiries in this regard.
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SIG C 22/03/2013 13:56 Page 47
Lot 59
REF: DS
192a London Road, Greenhithe, Kent DA9 9JF Long leasehold lower ground floor self-contained flat Full vacant possession Location Situated off the west side of London Road (A226) opposite the junction with Sanderling Way. Public transport includes Greenhithe railway station and local bus services. Shopping amenities are at Bluewater shopping centre and Dartford. Recreation facilities can be found at Swanscombe Park and nearby golf courses. Accommodation Reception room, bedroom, kitchen, shower room/wc. Outside: Rear garden. Lease Held on a lease for a term of 999 years from 17/05/1990 at a ground rent of £50 per annum. Viewing See separate sheet
Lot 60
REF: DS
Flat 3, 28 Harmer Street, Gravesend, Kent DA12 2AX Long leasehold first floor self-contained flat Full vacant possession Location Situated between the The Terrace and Milton Road. Public transport includes Gravesend railway station. Shopping amenities are at the High Street. Recreation facilities can be found at the Riverside Leisure Area. Accommodation Open plan reception/diner, bedroom, kitchen, bathroom/wc. Lease Held on a lease for a term of 125 years from 03/08/2007 at a ground rent of £200 per annum (rising). Viewing See separate sheet
Lot 61
REF: DS
Flat D, 8 Burch Road, Gravesend, Kent DA11 9NG Long leasehold second floor self-contained flat Investment Location Situated between London Road and The Shore. Public transport includes Gravesend railway station. Shopping amenities are at the High Street. Recreation facilities can be found locally. Accommodation Reception room, bedroom, kitchen, bathroom/wc, storage cupboard. Tenancy Let on Assured Shorthold Tenancy for 12 months from 13/11/2012 at a rent of £550 per month. Total rent reserved £6,600 per annum Note We are advised that the tenant has been in occupation since November 2010.
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Lot 62
REF: JNW
26 Anderson Road, Hackney E9 6HH Long leasehold first floor self-contained flat Investment Location Situated off Barnabas Road via Daley Street. Public transport includes Homerton railway station. Shopping amenities are at Homerton High Street. Recreation facilities can be found at Well Street Common and Victoria Park. Accommodation Three bedrooms, reception room, kitchen, bathroom/wc. Tenancy Let on a three year lease from 21/11/2012 at a rent of £1,343 per month. Total rent reserved £16,116 per annum Lease Held on a lease for a term expiring 18/11/2126 at a ground rent to be advised.
Lot 63
REF: JNW
52 Durham Avenue, Gidea Park, Romford, Essex RM2 6JS Long leasehold second/third floor purpose built masionette Investment Location Situated between Upper Brentwood Road and Elvet Avenue. Public transport includes Gidea Park railway station. Shopping amenities are at Romford Shopping Hall. Recreation facilities can be found at Haynes Park. Accommodation Three bedrooms, reception room, kitchen, bathroom/wc. Tenancy Let on a three year lease from 16/01/2013 at a rent of £866 per month. Total rent reserved £10,392 per annum Lease Held on a lease for a term of 125 years from 22/10/2001 at a ground rent of £10 per annum.
Lot 64
43 Enterprise House, Curzon Crescent, Barking, Essex IG11 0JZ Long leasehold sixth floor purpose built flat Investment Disclosed reserve below £90,000 Location Situated off River Road via Bastable Avenue. Public transport includes Barking Underground station. Shopping amenities are at Ripple Road. Recreation facilities can be found at Mayesbrook Park. Accommodation Three rooms, kitchen, bathroom/wc, balcony. Tenancy Let on an Assured Shorthold Tenancy for two ears from 05/11/2012 at a rent of £801.66 per month. Total rent reserved £9,620 per annum Lease Held on a lease for a term of 125 years from 20/11/2006 at a ground rent of £10 per annum. Note The property has been recently renovated throughout.
48
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REF: DS
SIG D 22/03/2013 11:50 Page 49
Lot 65
REF: DS
16 Leicester Road, Rotherham, South Yorkshire S25 2PX Freehold two floor terrace house Investment Disclosed reserve below £36,000 Location Situated off Lordens Hill. Public transport includes Kiverton Park railway station. Shopping amenities are at Lordens Hill. Recreation facilities can be found locally. Accommodation First floor: Two bedrooms, bathroom/wc. Ground floor: Reception room, dining room, kitchen. Outside: Front and rear gardens. The property benefits from central heating (not tested). Tenancy Let on an Assured Shorthold Tenancy at a rent of £425 per month. Total rent reserved £5,100 per annum
Lot 66
REF: DS
10 Hermitage Street, Blackburn, Lancashire BB1 4NL Long leasehold two floor terraced house Investment Disclosed reserve below £30,000 Location Situated close to the junction with Wharf Street. Public transport includes Rishton railway station. Shopping amenities are at the High Street. Recreation facilities can be found at Cut Wood Park. Accommodation First Floor: Two bedrooms, bathroom/wc. Ground Floor: Reception room, dining room, kitchen. Outside: Front and rear gardens. Tenancy Let on an Assured Shorthold Tenancy for six months from 12/02/2010 at a rent of £390 per week (holding over). Total rent reserved £4,680 per annum Lease Held on a lease for a term of 999 years from 29/09/1897 at a ground rent of £1.25 per annum.
Lot 67
REF: DS
75 Sutcliffe Street, Liverpool, L6 6AS Freehold two floor terraced house Investment Disclosed reserve below £46,000 Location Situated between Boaler Street and Molyneaux Road. Public transport includes Liverpool (Lime Street) railway station. Shopping amenities are locally and in the City Centre. Recreation facilities can be found at Newsham Park. Accommodation First Floor: Two bedrooms. Ground Floor: Two reception rooms, kitchen, bathroom/wc. Outside: Rear yard. Tenancy Let on an Assured Shorthold Tenancy for six months from 12/05/2011 at a rent of £450 per month (holding over). Total rent reserved £5,400 per annum
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Lot 68
REF: JML
19a South Eastern Road, Ramsgate, Kent CT11 9TR Freehold two floor detached house with a large garden Investment/development potential (subject to consents) BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS
Location Conveniently located off the High Street in a sought after road, less than one mile from the sea front. Public transport includes Ramsgate railway station which has a journey time to London Cannon Street of approximately two hours. There are numerous shopping and leisure opportunities in the area with the beach and marina in easy walking distance. local shopping amenities are on the High Street. Accommodation First floor: Two bedrooms, bathroom/wc. Ground floor: Three reception rooms, kitchen, cloakroom/wc. Outside: Large rear garden – approximate site area 839.3 sq m (9,034 sq ft). Planning It is considered that the property may be suitable for redevelopment subject to the necessary consents. Interested parties must rely on their own enquiries to Thanet District Council planning department, telephone: 01843 577150. Tenancy Let on an Assured Shorthold Tenancy for six months from 09/01/2012 at a rent of £1,100 per month. £13,200 per annum Viewing See separate sheet Joint Agents
Telephone: 020 8650 5634.
Lot 69
14 Tarbet Close, Bletchley, Milton Keynes MK2 3EY Freehold two floor terraced house Investment
Location Bletchley is a popular commuter town located just south of Milton Keynes and approximately 55 miles north of central London. The property is situated between Tummell Way and Bala Way. Public Transport includes Bletchley railway station. Shopping amenities are local with larger department stores found at the Brunel Shopping Centre. Recreational facilities are at Blue Lagoon Lake. Accommodation The property has not been internally inspected by the auctioneers. Interested parties must rely on their own enquires and verify the accommodation for themselves First floor: Two bedrooms, bathroom/wc. Ground floor: Reception room, kitchen. Outside: Rear garden Tenancy Let on an assured shorthold tenancy for six months from 14/03/2008 (holding over) at a rent of £795 per month. Total rent reserved £9,540 per annum
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REF: JML
SIG D 22/03/2013 11:50 Page 51
Lot 70
REF: JML
5 Argyll House, Suffolk Close, Bletchley, Milton Keynes MK3 7EW Long leasehold purpose built flat Investment
Location Bletchley is a popular commuter town located just to the south of Milton Keynes and approximately 55 miles north of Central London. The property is situated between Essex Close and Cumbria Close. Public Transport includes Bletchley railway station. Shopping amenities can be found at the Brunel Shopping Centre. Recreational facilities are at Rickley Park. Accommodation The property has not been internally inspected by the auctioneers. Interested parties must rely on their own enquiries and verify the accommodation for themselves Three bedrooms, reception room, kitchen, bathroom/wc. Tenancy Let on an assured shorthold tenancy for 12 months from 23/02/2009 (holding over) at a rent of £323 every two weeks. Total rent reserved £8,398 per annum Lease Held on a lease for a term to be advised.
Lot 71
REF: JML
31 Brora Close, Bletchley, Milton Keynes MK2 3HD Freehold two floor terraced house Investment
Location Bletchley is a popular commuter town located just south of Milton Keynes and approximately 55 miles north of central London. The property is situated between Doon Way. Public transport includes Bletchley railway station. Shopping amenities are local with larger department stores found at the Brunel Shopping Centre. Recreational facilities are at Blue Lagoon Lake. Accommodation The property has not been internally inspected by the auctioneers. Interested parties must rely on their own enquiries and verify the accommodation for themselves. First floor: Two bedrooms, bathroom/wc. Ground floor: Reception room, kitchen. Outside: Rear garden. Tenancy Let on an assured shorthold tenancy for six months from 14/03/2008 (holding over) at a rent of £750 per month. Total rent reserved £9,000 per annum
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Lot 72
REF: JML
776-778 Stratford Road, Sparkhill, Birmingham B11 4BP Two intercommunicating freehold buildings arranged as a double shop unit let to Ladbrokes with a first floor self-contained office suite which has been sold on a long lease Investment BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS
Location Situated within a busy and vibrant retail throughfare approximatley 3.5 miles to the south west of central Birmingham. Other nearby multiple occupiers include a Lloyds Bank, Co-op Supermarket and Europcar, in addition there is a broad range of busy local occupiers including a clothes shop, supermarket and several restaurants.
Accommodation/tenancy schedule Floor First floor offices Ground floor shop
Accommodation N/A Shop frontage: 6.6m (21ft), Shop depth: 13.9m (45ft) Built depth: 17.1m (56ft), Shop area: 103 sq m (1,109 sq ft) Rear office: 7.3 sq m (79 sq ft) Kitchen, W/C
Tenancy Sold on a long lease for a term of 999 years from 31/10/1989
Rent per annum Peppercorn
Let to Ladbrokes Ltd on a 25 year effective FR&I lease from 31/10/1989.
£14,750
Note 1: Ladbrokes have confirmed in writing that they would be prepared to sign a new 10 year lease at a rental of £19,000 per annum (subject to consents) - interested parties should refer to the legal pack for further details.
Total rent reserved £14,750 per annum with potential to increase with lease renewal negotiations see note 1 Note 2 Ladbrokes Betting and Gaming Limited reported a turnover for year ending 31/12/2012 of £683.6m, pre-tax profit of £67.27m and a net worth of £774.9m. Energy Performance Certificate Available on our website Joint Agents
Telephone: 020 8650 5634.
Lot 73
28a-28d Sutton Road, Manchester M18 7PN Freehold two floor detached community building, formely four self-contained flats Development potential (subject to consents) Full vacant possession BY ORDER OF
Location Situated off Wembley Road approximately 4.5 miles to the south east of central Manchester within an established residential area. Public transport includes Ryder Brow railway station, together with several bus routes providing access to the city centre. Shopping amenities are on Mount Road. Recreational facilites can be found at Crowcroft Park. Accommodation (approximate gross internal areas) First floor: Four office rooms, kitchen, store room, bathroom/WC, M&F WC's, baby changing room. 115 sq m (1,248 sq ft). Ground floor: Three office rooms, two kitchens, M&F WC, disabled WC, cloakroom WC. 115 sq m (1,248 sq ft). Total gross internal area: 230 sq m (2,474 sq ft). Planning It is considered that the property may be suitable for conversion/development subject to the necessary consents. Interested parties should rely on their own enquiries to Manchester City Council planning department, telephone 0161 234 5000. Note The property benefits from a disabled lift, entry phone system and central heating - none tested. Viewing See separate sheet Energy Performance Certificate Available on our website
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Lot 74
REF: MA
101 Gander Green Lane, Suton, Surrey SM1 2EU Freehold two floor detached building (B1 use) Development opportunity Full vacant possession Location Situated within an established residential area between Fredrick Road and Shearwater Road. Public transport includes West Sutton railway station. Shopping amenities are local. Recreational facilities can be found of Perrets Field and Collingwood Recreational Ground. Accommodation (Approximate dimensions) First floor: Office 4- 9.08 sq m (97 sq ft), Office 3- 29.9 sq m (321 sq ft), kitchenette, separate wc. Ground floor: Office 1- 30.2 sq m (325 sq ft), Office 2- 9.13 sq m (98.2 sq ft), separate wc. Outside: Private parking to the front and rear of the building. Note 1 It is believed that the property may be suitable for redevelopment into a single dwelling residential house (subject to the necessary planning consents). We have been advised by the vendor that the property has been vacant for over 12 months. Interested parties must rely on their own enquires in this regard to The London Borough of Sutton planning department telephone 020 8770 5000. Viewing See separate sheet Energy Performance Certificate Rating G
Lot 75
REF: JML
Marlborough House, 32-36 Hazelwood Road, Northampton NN1 1LN Two freehold four floor terraced buildings arranged as a ground floor office let to Yorkshire Bank, a self-contained lower ground floor office (vacant) and 12 self-contained flats over first and second floors (all sold on long leases) Part vacant investment
Location Northampton is a large market town and administrative centre located approximately 68 miles north west of central London and is easily accessed via the M1 motorway. The property is situated close to the town centre between St Giles' Street and Dergate. Other nearby occupiers includes a firm of solicitors and a recruitment agency. Public transport includes Northampton railway station. Accommodation/tenancies (Approximate dimensions) Unit
Accommodation
Flats 1-12
Sold on 12 long leases each for a term of 99 years at a ground rent of 150 per annum
Tenant
Tenancy
£1,800
Ground
Total area 92.45 sq m (995 sq ft)
Yorkshire Bank
£19,955
Basement office
Total area 83.74 sq m (901 sq ft)
Vacant
Let on a 25 year lease from 08/08/1989
Rent per annum
Total rent reserved £21,755 per annum with vacant possession of the basement offices Note 1 The building has not been internally inspected by the auctioneers, the areas printed have been obtained from the Valuation Office Agency (voa.gov.uk) interested parties must rely on their own enquires to this respect. Viewing Telephone auctioneers 020 7703 4401 Energy Performance Certificate Available on our website
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Lot 76
REF: JML
Units 1 & 2 Stephenson House, Albert Street, Bletchley, Milton Keynes MK2 2UG Two long leasehold ground floor retail units Part vacant possession
Location Bletchley is a popular commuter town located approximately 45 miles north west of London giving easy access to both Milton Keynes and London via the M1 motorway. The retail units are situated between Saxton Street and Albert Street and are located next to the busy Brunel Shopping Centre and the Queensway shopping precinct. Other nearby occupiers includes WH Smiths. Boots, Poundland and Wilkinson Supermarket. Further trade may be gained from the high level of pedestrian footfall going to and from nearby Bletchley Railway and Bus Stations.. Accommodation/tenancies (Approximate dimensions) Unit
Accommodation
Tenant
Tenancy
Rent per annum
1
Total area 417.20 m sq (4490 sq ft) Kitchen, Two separate WCs, Store room
Part of the unit has been let to an individual trading as Wildstyle Tattoo
Five years from 01/01/2011
£10,000
2
Total area 203.21 m sq (2187 sq ft) Separate WC. Three store rooms
Vacant
Lease The units are both held by way of 999 year long leases (commenced in 2006) at an annual ground rent of £1 per annum. Service charge contributions are based on 2% and 1% of the total maintenance budget for the wider block for units 1 and 2 respectively. Note The auctioneers were unable to obtain full access to measure the units. A survey of the property is therefore recommended. Viewing Telephone auctioneers 0207 703 4401 Energy Performance Certificate Available on our website
Lot 77
REF: JML
1 & 1A Victoria Road, Bletchley, Milton Keynes MK2 2NG Freehold two floor end of terrace building arranged as a ground floor shop with a first floor flat Investment
Location Bletchley is located approximately 45 miles north west of London and is a popular commuter town providing easy access to nearby Milton Keynes and London via the M1 motorway. The building is situated between Queensway and Bull Lane within a secondary mixed use parade servicing a large residential catchment area. Other nearby occupiers include a newsagents, an antiques store and a public house. Public transport includes Bletchley railway station.
Accommodation/tenancies (Approximate dimensions) Floor
Accommodation
First
To be advised
To be advised
Ground
Shop frontage: 6.96 m (74.9 sq ft) Retail area: 23.11 sq m (248.7 sq ft). Office: 11.20 sq m (120 sq ft). Ancillary: 3.76 sq m (40.5 sq ft).
Let to Mr Tony Palman trading as Obsessionz Tattoo Art on a FRI 10 year lease from 09/11/2006
Total rent reserved £21,600 per annum Energy Performance Certificate Available on our website
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Tenancy
Rent per annum £21,600
SIG D 22/03/2013 11:50 Page 55
Lot 78
REF: JML
37-39 Tickford Street, Newport Pagnell, Milton Keynes MK16 9AE Freehold two floor corner building arranged as a shop (let) with two self-contained flats above (sold on long leases) Investment
Location Newport Pagnell is located just north of Milton Keynes and benefits from easy access to London via the M1 motorway. Public transport includes Milton Keynes railway station which has direct links to London Euston Station with a journey time of approximately 35 minutes. The building is located on a prominent corner position at the junction with Priory Street and services a broadly residential catchment area.
Accommodation/tenancies (Approximate dimensions) Floor
Accommodation
First Floor Flat
1a sold on a lease for a term of 125 years from 18/11/2005 at a ground rent to be advised
Tenancy
First Floor Flat
1b sold on a lease for a term of 125 years from 18/11/2005 at a ground rent to be advised
Ground
Shop frontage: 8.1 m (26'5"") Retail area: 40.27 sq m (433. sq ft). Treatment room 1: 14.9 sq m (160 sq ft). Treatment room 2: 29.7 sq m (319 sq ft). Treatment room 3: 9.7 sq m (104 sq ft). Kitchen, separate wc, Outside: Rear patio garden.
Let to Super Tan on a six year lease from 21/02/2005 (holding over) with rent reviews every three years.
Rent per annum
ÂŁ15,500
Total rent reserved ÂŁ15,500 per annum Energy Performance Certificate Available on our website
GO ONLINE FOR Guide price updates Legal documents download
www.as-r.co.uk
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Lot 79
REF: DS
Land adjacent to 115 Welcomes Road, Kenley, Surrey CR8 5HB Freehold site Development potential (subject to consents) Full vacant possession Location Situated close to the junctin with Uplands Road. Public transport includes Kenley railway station. Shopping amenities are at Godstone Road. Recreation facilities can be found at Kenley Gardens. Description A rectangular shaped site with direct road frontage onto Welcomes Road. Note There may be development potential subject to consents. Prospective purchasers should rely on their own enquiries in this regard. Viewing Open site
Lot 80
REF: DS
Site at Ashby Mews rear of 127 Upper Brockley Road, Brockley SE4 1TF Freehold site of approximately 167.22 sq m (1,800 sq ft) Development potential (subject to consents) Full vacant possession Location Situated within an established commercial/residential mews located off Godfrey Road. Public transport includes Brockley railway station. Shopping amenities are at Brockley Road. Recreation facilities can be found at Hilly Fields Park. Description A rectangular shaped site with direct vehicular access onto Ashby Mews which runs down to Godfrey Road. Site area: 167.22 sq m (1,800 sq ft) Note 1 Plans have been drawn up but not submitted for the erection of a detached three bedroom house. Copies of the plans are available for inspection from the auctioneers. Note 2 All dimensions given are approximate and propsective purchasers must rely on their own enquiries and inspection to the site. Viewing Open site
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Lots 81-84
REF: MA
Parking Space Numbers 29-32 Madison Apartments, 5-27 Long Lane, Borough SE1 4PF Four long leasehold secure mechanical parking spaces Full vacant possession Location Madison Apartments is located on the north side of Long Lane, close to the junction with Tennis Street. The spaces are accessed via a secure electronic roller shutter door directly off Long Lane. The building is conveniently located close to Borough (Northern Line) station. Description Four secure gated parking space located on the ground floor of Madison Apartments. Each space forms part of a mechanical double stacker car lift. Viewing Telephone auctioneers 020 7703 4401
Lot 81
REF: MA
Parking Space Number 29 (lower level) Madison Apartments, 5-27 Long Lane, Borough SE1 4PF Long leasehold secure mechanical parking space Full vacant possession Lease Held on a lease for a term of 999 years from 01/01/1999 at a ground rent of £10 per annum.
Lot 82
REF: MA
Parking Space Number 30 (lower level), Madison Apartments, 5-27 Long Lane, Borough SE1 4PF Long leasehold secure mechanical parking space Full vacant possession Lease Held on a lease for a term of 999 years from 01/01/1999 at a ground rent of £10 per annum.
Lot 83
REF: MA
Parking Space Number 31 (upper level), Madison Apartments, 5-27 Long Lane, Borough SE1 4PF Long leasehold secure mechanical parking space Full vacant possession Lease Held on a lease for a term of 999 years from 01/01/1999 at a ground rent of £10 per annum.
Lot 84
REF: MA
Parking Space Number 32 (upper level), Madison Apartments, 5-27 Long Lane, Borough SE1 4PF Long leasehold secure mechanical parking space Full vacant possession Lease Held on a lease for a term of 999 years from 01/01/1999 at a ground rent of £10 per annum.
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Residential investments The following lots are all residential investments and provide the opportunity to acquire: • Regulated tenancies • Assured tenancies • Assured shorthold tenancies • Ground rents In the following areas: Aldridge, West Midlands Barking Blackburn Blackheath Bletchley Brighton Brixton Caterham on the Hill Catford
Nerthavon, Wiltshire Northampton Peckham Ramsgate Redhill Romford Rotherham Southwark Stoke Newington
East Dulwich Eastbourne Gravesend Hackney Herne Hill High Wycombe Kentish Town Liverpool Loughton
Streatham Tidworth Tooting Twickeham Upton Park Walthamstow Walworth Warminster
For further residential investments see also lots 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 52, 55, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70 & 71 The investment properties have not been internally inspected by andrew scott robertson. The information printed in the catalogue has been supplied by the vendors or their agents.
Regulated investments Please email your details to dominicsmith@as-r.co.uk if you specialise in buying regulated tenancy investments.
Lot 85
REF: DS
8-32 (excluding 13) Canary Quay, Eastbourne, East Sussex BN23 5UT Freehold ground rents secured upon 24 self-contained flats Ground rent investment Flat
Lease term
Date
Rent per annum
8-32 (excluding 13)
125 years
29/09/1998
£125 each (rising)
Total ground rent reserved £3,000 per annum (rising)
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Lot 86
REF: DS
112 Trinity Road, Tooting SW17 7RL Freehold ground rents secured upon three self-contained flats Ground rent investment Flat
Lease term
Date
Rent per annum
Second Floor
125 years
26/04/2012
£250 (rising
First Floor
125 years
09/07/2010
£250 (rising
Ground Floor
125 years
30/04/2009
£250 (rising
Total ground rent reserved £750 per annum (rising)
Lot 87
REF: DS
41 Beatrice Avenue, Streatham SW16 4UW Freehold ground rents secured upon two self-contained flats Ground Rent Investment Flat
Lease term
Date
Rent per annum
First Floor
125 years
01/01/2012
£250 (rising)
Ground Floor
125 years
01/01/2012
£150 (rising)
Total rent reserved £400 per annum (rising)
Lot 88
REF: DS
25 Granville Park, Blackheath SE13 7DY Freehold ground rents secured upon four self-contained flats Ground rent investment Valuable reversion of Flat A in approximately 25 years Valuable reversion of Flat B in approximately 87 years Flat A B C&D
Lease term 80 years 99 years 125 years
Date 1958 2001 2012
Rent per annum £150 £100 (rising) Peppercorn
Total Ground Reserved £250 per annum (rising) Valuable reversion of Flat A in approximately 25 years Valuable reversion of Flat B in approximately 87 years
Lot 89
REF: JNW
84/84a Plashet Grove, Upton Park E6 1AD Freehold ground rents secured upon two self contained flats Ground rent investment Valuable reversions in approximately 60 & 61 years Flat
Lease term
Date
Rent per annum
84
99 years
25/3/1975
£40 (rising)
84a
99 years
25/12/1974
£40 (rising)
Total ground rent reserved £80 per annum (rising) Valuable reversions in approximately 60 & 61 years
Lot 90
REF: JML
Davina Court, 23/25 Priory Avenue, High Wycombe, Buckinghamshire HP13 6SN Freehold ground rent secured upon eight self-contained flats Ground rent investment BY ORDER OF THE JOINT ADMINISTRATORS Flat
Lease term
Date
Rent per annum
1-8
99 years
23/05/2006
£150 each
Total ground rent reserved £1,200 per annum
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Lot 91
REF: DS
29 Dynevor Road, Stoke Newington, London N16 0DL Freehold ground rents secured upon two self-contained flats Ground rent investment Valuable reversions in approximately 79 years Flat
Lease term
Date
Rent per annum
29a
99 years
24/06/1993
£50 (rising)
29
99 years
24/06/1993
£50 (rising)
Total ground rent reserved £100 per annum (rising) Valuable reversions in approximately 79 years
Lot 92
REF: DS
The Mitre, 242 Grafton Road, Kentish Town NW5 4AU Freehold ground rents secured upon nine self-contained flats Ground rent investment Flat
Lease term
Date
Rent per annum
1-9
125 years
29/09/2003
£2,250 (rising)
Total ground rent reserved £2,250 per annum (rising)
Lot 93
REF: JNW
Hazel Court, 54-56 Church Hill, Loughton, Essex IG10 1LB Freehold ground rents secured upon nine self-contained flats and garages Ground rent investment Valuable reversion of Flats 1 & 9 in approximately 57 years Flat
Lease term
Date
Rent per annum
1
99 years
29/09/1971
£45 (rising)
2
160 years
01/01/2002
£100 (rising)
3
151 years
01/01/1999
£100 (rising)
4
151 years
01/01/1999
£100 (rising)
5
158 years
01/01/2002
£100 (rising)
6
160 years
01/01/1999
£100 (rising)
7
150 years
01/01/1998
£100 (rising)
8
189 years
29/09/1971
Peppercorn
9
99 years
29/09/1971
£45 (rising
Total ground rent reserved £690 per annum (rising) Valuable reversion of Flats 1 & 9 in approximately 57 years
Lot 94
REF: JNW
19 & 21 Kinver Crescent, Aldridge, West Midlands WS9 8LP Freehold ground rents secured upon two self-contained flats Ground rent investment Valuable reversions in approximately 48 years Flat
Lease term
Date
Rent per annum
19
99 years
25/03/1962
£12.60
21
99 years
25/03/1962
£12.60
Total ground rent reserved £25.20 per annum Valuable reversions in approximately 48 years
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Lot 95
REF: JNW
2 & 4 Cotswold Close, Aldridge, West Midlands WS9 8LW Freehold ground rents secured upon two self contained maisonettes Ground rent investment Flat
Lease term
Date
Rent per annum
2
148 years
01/01/2003
£100 (rising)
4
189 years
25/03/1962
Peppercorn
Total ground rent reserved £100 per annum (rising)
Lot 96
REF: JNW
5 & 7 Cotswold Close, Aldridge, West Midlands WS9 8LW Freehold ground rents secured upon two self-contained maisonettes Ground rent investment Valuable reversion of Flat 7 in approximately 48 years Flat
Lease term
Date
Rent per annum
5
189 years
25/03/1962
£110 (rising)
7
99 years
25/03/1962
£12.60
Total ground rent reserved £122.60 per annum (rising) Valuable reversion of Flat 7 in approximately 48 years
Lot 97
REF: JNW
6 & 8 Cotswold Close, Aldridge, West Midlands WS9 8LW Freehold ground rents secured upon two self-contained maisonettes Ground rent investment Valuable reversion of Flat 6 in approximately 48 years Flat
Lease term
Date
Rent per annum
6
99 years
25/03/1962
£12.60
8
189 years
25/03/1962
£110 (rising)
Total ground rent reserved £122.60 per annum (rising) Valuable reversion of Flat 6 in approximately 48 years
Lot 98
REF: JNW
9 & 11 Cotswold Close, Aldridge, West Midlands WS9 8LW Freehold ground rents secured upon two self-contained maisonettes Ground rent investment Valuable reversion of Flat 9 in approximately 48 years Flat
Lease term
Date
Rent per annum
9
99 years
25/03/1962
£12.60
11
146 years
01/01/2003
£12.60
Total ground rent reserved £25.20 per annum Valuable reversion of Flat 9 in approximately 48 years
Lot 99
REF: JNW
10 & 12 Cotswold Close, Aldridge, West Midlands WS9 8LW Freehold ground rents secured upon two self-contained maisonettes Ground rent investment Valuable reversion of Flat 10 in approximately 73 years Flat
Lease term
Date
Rent per annum
10
124 years
25/3/1962
£110 (rising)
12
145 years
01/01/2004
£100 (rising)
Total ground rent reserved £210 per annum (rising) Valuable reversion of Flat 10 in approximately 73 years
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Lot 100
REF: JNW
14 & 16 Cotswold Close, Aldridge, West Midlands WS9 8LW Freehold ground rents secured upon two self-contained maisonettes Ground rent investment Valuable reversions in approximately 48 years Flat
Lease term
Date
Rent per annum
14
99 years
25/03/1962
£12.60
16
99 years
25/03/1962
£12.60
Total ground rent reserved £25.20 per annum Valuable reversions in approximately 48 years
End of sale
Next auction:
4th June 2013 For further information contact: E: auctions@as-r.co.uk
www.as-r.co.uk
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Common auction conditions
Reminder 1. Bidders are reminded that a pre-auction or postauction sale or when the auctioneers gavel falls on their bid the sale would be subject to: (a) General Conditions of Sale. (b) Special Conditions of Sale. (c) Any published addendums or alterations. (d)Any late amendments distributed in the room or made by the Auctioneer from the Rostrum.
2. Bidders are reminded also that they are deemed to have accepted the Notice to Bidders printed in this Catalogue. 3. Bidders should be ready to pay the necessary deposit as set out on the inside back cover and should have identification. 4. If acting for others, the bidders should have letters of authority but nevertheless are also liable personally.
General conditions of sale Important notice A prudent buyer will, before bidding for a lot at an auction: • Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant • Read the conditions; • Inspect the lot; • Carry out usual searches and make usual enquiries; • Check the content of all available leases and other documents relating to the lot; • Check that what is said about the lot in the catalogue is accurate; • Have finance available for the deposit and purchase price; • Check whether VAT registration and election is advisable; The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a lot without taking these normal precautions you do so at your own risk. Glossary This glossary applies to the auction conduct conditions and the sale conditions. Wherever it makes sense: • singular words can be read as plurals, and plurals as singular words; • a “person” includes a corporate body; • words of one gender include the other genders; • references to legislation are to that legislation as it may have been modified or re-enacted by the date of the auction or the contract date (as applicable); and • where the following words printed in bold black type appear in bold blue type they have the specified meanings. Actual completion date The date when completion takes place or is treated as taking place for the purposes of apportionment and calculating interest. Addendum An amendment or addition to the conditions or to the particulars or to both whether contained in a supplement to the catalogue, a written notice from the auctioneers or an oral announcement at the auction.
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.
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.
General conditions That part of the sale conditions so headed, including any extra general conditions.
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.
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.)
Arrears Arrears of rent and other sums due under the tenancies and still outstanding on the actual completion date.
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).
Arrears schedule The arrears schedule (if any) forming part of the special conditions.
Old arrears Arrears due under any of the tenancies that are not “new tenancies” as defined by the Landlord and Tenant (Covenants) Act 1995.
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
Financial charge A charge to secure a loan or other financial indebtness(not including a rentcharge).
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).
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General conditions of sale
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.
AUCTION CONDUCT CONDITIONS A1. A1.1 A1.2
Introduction Words in bold blue type have special meanings, which are defined in the Glossary. 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. A2.1
Our role 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. Our decision on the conduct of the auction is final. We may cancel the auction, or alter the order in which lots are offered for sale. We may also combine or divide lots. A lot may be sold or withdrawn from sale prior to the auction. You acknowledge that to the extent permitted by law we owe you no duty of care and you have no claim against us for any loss.
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.
A2.2 A2.3
Special conditions Those of the sale conditions so headed that relate to the lot. A2.4 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”).
A3. A3.1 A3.2 A3.3 A3.4
A3.5 TUPE The Transfer of Undertakings (Protection of Employment) Regulations 2006. VAT Value Added Tax or other tax of a similar nature.
A3.6
VAT option An option to tax. We (and us and our) The auctioneers.
A4. A4.1
You (and your) Someone who has a copy of the catalogue or who attends or bids at the auction, whether or not a buyer.
A4.2
A4.3 A4.4
A5. A5.1 A5.2 A5.3
A5.4
A5.5
A5.6 A5.7
A5.8
A6. A6.1
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Bidding and reserve prices All bids are to be made in pounds sterling exclusive of any applicable VAT. We may refuse to accept a bid. We do not have to explain why. If there is a dispute over bidding we are entitled to resolve it, and our decision is final. Unless stated otherwise each lot is subject to a reserve price (which may be fixed just before the lot is offered for sale). If no bid equals or exceeds that reserve price the lot will be withdrawn from the auction. Where there is a reserve price the seller may bid (or ask us or another agent to bid on the seller’s behalf) up to the reserve price but may not make a bid equal to or exceeding the reserve price. You accept that it is possible that all bids up to the reserve price are bids made by or on behalf of the seller. Where a guide price (or range of prices) is given that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell at the date of the guide price. But guide prices may change. The last published guide price will normally be at or above any reserve price, but not always – as the seller may fix the final reserve price just before bidding commences. The particulars and other information We have taken reasonable care to prepare particulars that correctly describe each lot. The particulars are based on information supplied by or on behalf of the seller. You need to check that the information in the particulars is correct. If the special conditions do not contain a description of the lot, or simply refer to the relevant lot number, you take the risk that the description contained in the particulars is incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract. The particulars and the sale conditions may change prior to the auction and it is your responsibility to check that you have the correct versions. If we provide information, or a copy of a document, provided by others we do so only on the basis that we are not responsible for the accuracy of that information or document. The contract A successful bid is one we accept as such (normally on the fall of the hammer). This condition A5 applies to you if you make the successful bid for a lot. You are obliged to buy the lot on the terms of the sale memorandum at the price you bid plus VAT (if applicable). You must before leaving the auction: (a) provide all information we reasonably need from you to enable us to complete the sale memorandum (including proof of your identity if required by us); (b) sign the completed sale memorandum; and (c) pay the deposit. If you do not we may either: (a) as agent for the seller treat that failure as your repudiation of the contract and offer the lot for sale again: the seller may then have a claim against you for breach of contract; or (b) sign the sale memorandum on your behalf. The deposit: (a) is to be held as stakeholder where VAT would be chargeable on the deposit were it to be held as agent for the seller, but otherwise is to be held as stated in the sale conditions; and (b) must be paid in pounds sterling by cheque or by bankers’ draft made payable to us on an approved financial institution. The extra auction conduct conditions may state if we accept any other form of payment. We may retain the sale memorandum signed by or on behalf of the seller until the deposit has been received in cleared funds. If the buyer does not comply with its obligations under the contract then: (a) you are personally liable to buy the lot even if you are acting as an agent; and (b) you must indemnify the seller in respect of any loss the seller incurs as a result of the buyer’s default. Where the buyer is a company you warrant that the buyer is properly constituted and able to buy the lot. Extra Auction Conduct Conditions Despite any special condition to the contrary the minimum deposit we accept is £1,000 (or the total price, if less). A special condition may, however, require a higher minimum deposit.
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GENERAL CONDITIONS Words in bold blue type have special meanings, which are defined in the Glossary. The general conditions (including any extra general conditions) apply to the contract except to the extent that they are varied by special conditions or by an addendum. The lot 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.
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. G4.1
Title and identity Unless condition G4.2 applies, the buyer accepts the title of the seller to the lot as at the contract date and may raise no requisition or objection except in relation to any matter that occurs after the contract date. If any of the documents is not made available before the auction the following provisions apply: (a) The buyer may raise no requisition on or objection to any of the documents that is made available before the auction. (b) If the lot is registered land the seller is to give to the buyer within five business days of the contract date an official copy of the entries on the register and title plan and, where noted on the register, of all documents subject to which the lot is being sold. (c) If the lot is not registered land the seller is to give to the buyer within five business days an abstract or epitome of title starting from the root of title mentioned in the special conditions (or, if none is mentioned, a good root of title more than fifteen years old) and must produce to the buyer the original or an examined copy of every relevant document. (d) If title is in the course of registration, title is to consist of certified copies of: (i) the application for registration of title made to the land registry; (ii) the documents accompanying that application; (iii) evidence that all applicable stamp duty land tax relating to that application has been paid; and (iv) a letter under which the seller or its conveyancer agrees to use all reasonable endeavours to answer any requisitions raised by the land registry and to instruct the land registry to send the completed registration documents to the buyer. (e) The buyer has no right to object to or make requisitions on any title information more than seven business days after that information has been given to the buyer. Unless otherwise stated in the special conditions the seller sells with full title guarantee except that (and the transfer shall so provide): (a) the covenant set out in section 3 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to matters recorded in registers open to public inspection; these are to be treated as within the actual knowledge of the buyer; and (b) the covenant set out in section 4 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to any condition or tenant’s obligation relating to the state or condition of the lot where the lot is leasehold property. The transfer is to have effect as if expressly subject to all matters subject to which the lot is sold under the contract. The seller does not have to produce, nor may the buyer object to or make a requisition in relation to, any prior or superior title even if it is referred to in the documents. The seller (and, if relevant, the buyer) must produce to each other such confirmation of, or evidence of, their identity and that of their mortgagees and attorneys (if any) as is necessary for the other to be able to comply with applicable Land Registry Rules when making application for registration of the transaction to which the conditions apply.
G1. G1.1
G4.2
G4.3
G4.4 G4.5
G4.6 G2. G2.1
G2.2
G2.3
G2.4
G2.5
G3. G3.1
G3.2
G3.3
Deposit 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). 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. 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. 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. Interest earned on the deposit belongs to the seller unless the sale conditions provide otherwise. Between contract and completion 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. No damage to or destruction of the lot nor any deterioration in its condition, however caused, entitles the buyer to any reduction in price, or to delay completion, or to refuse to complete. Section 47 of the Law of Property Act 1925 does not apply.
G5. G5.1
G5.2
G5.3
G6. G6.1
G6.2 G6.3
G6.4
G6.5
G6.6 G7. G7.1
G7.2
Transfer Unless a form of transfer is prescribed by the special conditions: (a) the buyer must supply a draft transfer to the seller at least ten business days before the agreed completion date and the engrossment (signed as a deed by the buyer if condition G5.2 applies) five business days before that date or (if later) two business days after the draft has been approved by the seller; and (b) the seller must approve or revise the draft transfer within five business days of receiving it from the buyer. If the seller remains liable in any respect in relation to the lot (or a tenancy) following completion the buyer is specifically to covenant in the transfer to indemnify the seller against that liability. The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one transfer. Completion Completion is to take place at the offices of the seller’s conveyancer, or where the seller may reasonably require, on the agreed completion date. The seller can only be required to complete on a business day and between the hours of 0930 and 1700. The amount payable on completion is the balance of the price adjusted to take account of apportionments plus (if applicable) VAT and interest. Payment is to be made in pounds sterling and only by: (a) direct transfer to the seller’s conveyancer’s client account; and (b) the release of any deposit held by a stakeholder. Unless the seller and the buyer otherwise agree, completion cannot take place until both have complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. If completion takes place after 1400 hours for a reason other than the seller’s default it is to be treated, for the purposes of apportionment and calculating interest, as if it had taken place on the next business day. Where applicable the contract remains in force following completion. Notice to complete The seller or the buyer may on or after the agreed completion date but before completion give the other notice to complete within ten business days (excluding the date on which the notice is given) making time of the essence. The person giving the notice must be ready to complete.
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G7.3
G7.4
If the buyer fails to comply with a notice to complete the seller may, without affecting any other remedy the seller has: (a) terminate the contract; (b) claim the deposit and any interest on it if held by a stakeholder; (c) forfeit the deposit and any interest on it; (d) resell the lot; and (e) claim damages from the buyer. If the seller fails to comply with a notice to complete the buyer may, without affecting any other remedy the buyer has: (a) terminate the contract; and (b) recover the deposit and any interest on it from the seller or, if applicable, a stakeholder.
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. G9.1
Landlord’s licence Where the lot is or includes leasehold land and licence to assign is required this condition G9 applies. The contract is conditional on that licence being obtained, by way of formal licence if that is what the landlord lawfully requires. The agreed completion date is not to be earlier than the date five business days after the seller has given notice to the buyer that licence has been obtained. The seller must: (a) use all reasonable endeavours to obtain the licence at the seller’s expense; and (b) enter into any authorised guarantee agreement properly required. The buyer must: (a) promptly provide references and other relevant information; and (b) comply with the landlord’s lawful requirements. If within three months of the contract date (or such longer period as the seller and buyer agree) the licence has not been obtained the seller or the buyer may (if not then in breach of any obligation under this condition G9) by notice to the other terminate the contract at any time before licence is obtained. That termination is without prejudice to the claims of either seller or buyer for breach of this condition G9.
G9.2 G9.3 G9.4
G9.5
G9.6
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 h 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.
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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 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 consideration, but only if given a valid VAT invoice. G14.2 Where the special conditions state that no VAT option has been made the seller confirms that none has been made by it or by any company in the same VAT group nor will be prior to completion. G15. Transfer as a going concern G15.1 Where the special conditions so state: (a) the seller and the buyer intend, and will take all practicable steps (short of an appeal) to procure, that the sale is treated as a transfer of a going concern; and (b) this condition G15 applies. G15.2 The seller confirms that the seller (a) is registered for VAT, either in the seller’s name or as a member of the same VAT group; and (b) has (unless the sale is a standard-rated supply) made in relation to the lot a VAT option that remains valid and will not be revoked before completion. G15.3 The buyer confirms that: (a) it is registered for VAT, either in the buyer’s name or as a member of a VAT group; (b) it has made, or will make before completion, a VAT option in relation to the lot and will not revoke it before or within three months after completion; (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it; and (d) it is not buying the lot as a nominee for another person. G15.4 The buyer is to give to the seller as early as possible before the agreed completion date evidence: (a) of the buyer’s VAT registration; (b) that the buyer has made a VAT option; and (c) that the VAT option has been notified in writing to HM Revenue and Customs; and if it does not produce the relevant evidence at least two business days before the agreed completion date, condition G14.1 applies at completion.
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G15.5 The buyer confirms that after completion the buyer intends to: (a) retain and manage the lot for the buyer’s own benefit as a continuing business as a going concern subject to and with the benefit of the tenancies; and (b) collect the rents payable under the tenancies and charge VAT on them G15.6 If, after completion, it is found that the sale of the lot is not a transfer of a going concern then: (a) the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide a VAT invoice in respect of the sale of the lot; (b) the buyer must within five business days of receipt of the VAT invoice pay to the seller the VAT due; and (c) if VAT is payable because the buyer has not complied with this condition G15, the buyer must pay and indemnify the seller against all costs, interest, penalties or surcharges that the seller incurs as a result. G16. Capital allowances G16.1 This condition G16 applies where the special conditions state that there are capital allowances available in respect of the lot. G16.2 The seller is promptly to supply to the buyer all information reasonably required by the buyer in connection with the buyer’s claim for capital allowances. G16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the special conditions. G16.4 The seller and buyer agree: (a) to make an election on completion under Section 198 of the Capital Allowances Act 2001 to give effect to this condition G16; and (b) to submit the value specified in the special conditions to HM Revenue and Customs for the purposes of their respective capital allowance computations. G17. Maintenance agreements G17.1 The seller agrees to use reasonable endeavours to transfer to the buyer, at the buyer’s cost, the benefit of the maintenance agreements specified in the special conditions. G17.2 The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the actual completion date. G18. Landlord and Tenant Act 1987 G18.1 This condition G18 applies where the sale is a relevant disposal for the purposes of part I of the Landlord and Tenant Act 1987. G18.2 The seller warrants that the seller has complied with sections 5B and 7 of that Act and that the requisite majority of qualifying tenants has not accepted the offer. G19. Sale by practitioner G19.1 This condition G19 applies where the sale is by a practitioner either as seller or as agent of the seller. G19.2 The practitioner has been duly appointed and is empowered to sell the lot. G19.3 Neither the practitioner nor the firm or any member of the firm to which the practitioner belongs has any personal liability in connection with the sale or the performance of the seller’s obligations. The transfer is to include a declaration excluding that personal liability. G19.4 The lot is sold: (a) in its condition at completion; (b) for such title as the seller may have; and (c) with no title guarantee; and the buyer has no right to terminate the contract or any other remedy if information provided about the lot is inaccurate, incomplete or missing. G19.5 Where relevant: (a) the documents must include certified copies of those under which the practitioner is appointed, the document of appointment and the practitioner’s acceptance of appointment; and (b) the seller may require the transfer to be by the lender exercising its power of sale under the Law of Property Act 1925. G19.6 The buyer understands this condition G19 and agrees that it is fair in the circumstances of a sale by a practitioner. G20. TUPE G20.1 If the special conditions state “There are no employees to which TUPE applies”, this is a warranty by the seller to this effect. G20.2 If the special conditions do not state “There are no employees to which TUPE applies” the following paragraphs apply: (a) The seller must notify the buyer of those employees whose contracts of employment will transfer to the buyer on completion (the “Transferring Employees”). This notification must be given to the buyer not less than 14 days before completion. (b) The buyer confirms that it will comply with its obligations under TUPE and any special conditions in respect of the Transferring Employees. (c) The buyer and the seller acknowledge that pursuant and subject to TUPE, the contracts of employment between the Transferring Employees and the seller will transfer to the buyer on completion. (d) The buyer is to keep the seller indemnified against all liability for the Transferring Employees after completion. G21. Environmental G21.1 This condition G21 only applies where the special conditions so provide. G21.2 The seller has made available such reports as the seller has 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.
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General conditions of sale
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.
Extra conditions of sale 1.
Sale by private treaty The Seller reserves the right (and the Auctioneers shall be entitled to exercise that right on behalf of the Seller) to sell the whole or any part of the Lot by private treaty before the auction.
2. Fixtures fittings service media and installations 2.1 The Seller makes no representations the ownership of fixtures fittings electrical wiring and fittings gas fittings and installations or central heating installation or any pipes or any sanitary or other fittings or any fixtures of a type normally described as landlord's fixtures. The Buyer shall satisfy himself the ownership of them and whether or not they or any of them are subject to any conditional or deferred sale or any hire or hire purchase agreements and the sale is subject to the rights of any person in or to them. 2.2 Neither the Seller nor the Auctioneer accepts any liability in respect of payment which may be outstanding in respect of those fixtures fittings and installations or any of them or any other responsibility whatsoever regarding them. 2.3 Where the Seller is a party to any conditional or deferred sale or hire or hire purchase agreement as referred to in Extra Condition 2.1 above the Buyer shall keep the Seller fully and effectively indemnified from and against all costs claims demands and damages and losses and any other expenses arising from any breach non-observance or non-performance of the contract (whether or not resulting from the sale to the Buyer). 3. Parties' Capacity 3.1 If the individual who signed the memorandum in respect of any Lot on behalf of the Buyer is not the same individual who made the successful bid their liability shall be joint and several between them and if neither of them is the principal then the liability will also be joint and several with that of the principal and such individual or individuals are in these Extra Conditions referred to as "the Guarantor". 3.2 If the Buyer shall be a body corporate or a body of trustees then the contract shall be deemed to be entered into at the request of the Guarantor and: 3.2.1 the Guarantor warrants that the Buyer is a properly constituted body corporate or body of trustees of good standing and empowered to purchase any estate or interest in and (or an estate or interest in land of the nature of the Lot) and has or will at the agreed completion date have the funds available to complete the purchase; 3.2.2 the Guarantor warrants that he has been duly authorised by the Buyer to bind the Buyer (and if more than one then each of them) to purchase the Lot. 3.3 The Guarantor (as witnessed by his signing the sale memorandum which he shall be deemed to have done both as agent for the Buyer and himself as Guarantor) guarantees to the Seller that : 3.3.1 he will within five (5) Working Days of any written request from the Seller's solicitors supply reasonable evidence to support the foregoing warranties; 3.3.2 the Buyer will observe and perform his obligations under the contract to purchase the Lot; 3.3.3 he will pay make good and keep the Seller indemnified against all losses actions costs damages and expenses arising by virtue of any neglect or forbearance on the part of the Seller in enforcing or giving time to the Buyer for the performance of the Buyer's contract; and 3.3.4 if the Buyer is a company and enters into liquidation and the liquidator disclaims the contract and if after that the Seller gives not less than 14 days' notice requiring the guarantor to complete the purchase and pay any sums due under the contract then the Guarantor will comply with the requisition. 4. Deposit 4.1 For the purposes of General Condition G2.1(a) the minimum deposit shall be £1,000.00 exclusive of any VAT on the price. 4.2 General Condition G2.2(b) shall be deemed to be deleted and shall be replaced by the following :"The deposit shall be paid to and held by the Auctioneer as agent for the Seller unless the auction conduct conditions provide that it is to be held as stakeholder." 5.
Payment on completion In General Condition G6.3(a) the words "of cleared funds" are to be inserted after the words "direct transfer"
6.
Interest and apportionments The following shall be deemed to be added to General Condition G10.1: "In addition, the Seller shall be entitled to receive income in respect of the Lot during any period of delay in completion up to the actual completion date."
7. Covenants in leases 7.1 The Seller may from the Contract Date and prior to Completion serve notice on any tenant of a Lot in accordance with the Landlord & Tenant (Covenants) Act 1995 seeking a release on the part of the Seller from future liability under the landlord's covenants in any relevant Tenancy. 7.2 if the Seller serves such a notice the Seller shall endeavour to obtain a release but the Seller shall not be required to apply to the Court for a declaration to that effect. The Buyer agrees to supply at the Buyer's cost such information as the Seller may require to satisfy the tenant or the Court that it is reasonable to grant the release. 7.3 if the Seller either fails to obtain a release by Completion or does not serve a notice then the Buyer shall covenant with the Seller in the Transfer: 7.3.1 to serve notice in writing on the Seller on Completion or within five Business Days after Completion of the transfer of the Lot or any part of it by the Buyer to any transferee of the Buyer; and 7.3.2 until the Seller is released from the landlord's covenants, to obtain a covenant from its transferee in favour of the Seller in identical form to this clause 7. Furthermore the parties will apply to the Land Registry to enter in the proprietorship register of the title to the property a restriction preventing the registration of any further transfer unless accompanied by a certificate from the solicitors of the registered proprietor stating either that the provisions of clause 7 have been performed or that the Seller has been released from future liability under the covenants contained in the Tenancy. 8.
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Buyer's fee The Buyer will be required to pay to the Auctioneers an administration fee as detailed in the catalogue (including VAT) in respect of each Lot on completion of the sale memorandum.
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Vendors solicitors list
Lot 1
55 North Street Clapham SW4 0HQ Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Ms R. Dale
Lot
253 North Street Clapham SW4 0HQ Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Ms R. Dale
Lot 3
Lot 4
34 Hubert Grove Stockwell SW9 9PD Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Ms R. Dale 152 Manor Way Mitcham CR4 1EL Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Ms R. Dale
Lot 17
Flat B, 73 High Street South Norwood SE25 6EB Sabeers Stone Greene LLP 130a Uxbridge Road Shepherds Bush W12 8AA Tel. 020 8740 7007 Ref: Ms L. Alkhoee
Lot 18
28 Bensham Manor Road Thornton Heath Surrey CR7 7AA Michael Simkins LLP Lynton House 7-12 Tavistock Square London WC1H 9LT Tel. 020 7874 5600 Ref: Mr S. Mamujee
Lot 19
11 Headcorn Road Thornton Heath Surrey CR7 6JR Volks Hedleys 26 Old Brompton Road London SW7 3DL Tel. 020 7584 6733 Ref: Mr C. Horsnell
Lot 20
7c Tyrwhitt Road Brockley SE4 1QD Cartwright Cunningham Haselgrove & Co 282/284 Hoe Street London E17 9PL Tel. 020 8520 1021 Ref: Mr B. Klingher
Lot 21
18 Foxberry Road Brockley SE4 2SP TWM Solicitors LLP Kings Shade Walk 123 High Street Epsom Surrey KT19 8AU Tel. 01372 729 555 Ref: Miss A. Fowler
Lot 5
121 Camberwell Road Camberwell SE5 0HB Eversleys Percy House 363 Liverpool Road London N1 1NL Tel. 020 7607 0001 Ref: S. H. Appleman Esq
Lot 22
Flat 11 Hill House, 82-84 Montacute Road Catford SE6 4XP Macrory Ward 27 Station Road New Barnet Herts EN5 1PH Tel. 020 8440 3258 Ref: Ms M. Ward
Lot 6
123 Camberwell Road Camberwell SE5 0HB Eversleys Percy House 363 Liverpool Road London N1 1NL Tel. 020 7607 0001 Ref: S. H. Appleman Esq
Lot 23
55 Deloraine House Tanners Hill Deptford SE8 4PZ Grant Saw Norman House 110-114 Norman Road Greenwich London SE10 9EN Tel. 020 8858 6971 Ref: Mr R. Mapp
Lot 7
68 Elliott's Row Kennington SE11 4SZ Batchelors Charles House 35 Widmore Road Bromley Kent BR1 1 RW Tel. 020 8768 7000 Ref: Ms C. Bayfield
Lot 24
81 - 103 Trinity Avenue/162-168 Stanhope Road Northampton NN2 6LD Malcolm Dear Whitfield Evans 297- 299 Kenton Lane Kenton Middlesex HA3 8RR Tel. 020 8907 4366 Ref: Mr N. Evans
Lot 8
303d Lordship Lane East Dulwich SE22 8JH Stepien Lake Solicitors 57 Queen Anne Street London W1G 9JR Tel. 020 7467 3030 Ref: Ms C. Smith
Lot 25
354 Fittleton Netheravon Wiltshire SP4 9QA Ministry of Defence DIO Legal Team MOD Abbey Wood Poplar 2b, #2216 Bristol BS34 8JH Tel. 03067 983811 Ref: Ms C. Storey
Lot 26
355 Fittleton Netheravon Wiltshire SP4 9QA Ministry of Defence DIO Legal Team MOD Abbey Wood Poplar 2b, #2216 Bristol BS34 8JH Tel. 03067 983811 Ref: Ms C. Storey
Lot 27
356 Fittleton Netheravon Wiltshire SP4 9QA Ministry of Defence DIO Legal Team MOD Abbey Wood Poplar 2b, #2216 Bristol BS34 8JH Tel. 03067 983811 Ref: Ms C. Storey
Lot 28
882/883 Ludgershall Road Tidworth Wiltshire SP9 7LU Ministry of Defence DIO Legal Team MOD Abbey Wood Poplar 2b, #2216 Bristol BS34 8JH Tel. 03067 983811 Ref: Ms C. Storey
Lot 29
Parsonage Farmhouse, 40 Elm Hill Warminster Wiltshire BA12 0AY Ministry of Defence DIO Legal Team MOD Abbey Wood Poplar 2b, #2216 Bristol BS34 8JH Tel. 03067 983811 Ref: Ms C. Storey
Lot 30
30 Gerridge Court Gerridge Street Southwark SE1 7QF Dickinson Dees 1 Trinity Gardens Broad Chare Newcastle upon Tyne NE1 2HF Tel. 0191 279 9000 Ref: Mr C. Ledgerwood
Lot 9
Flat 7 Conifer Court, 25 Putney Hill Putney SW15 6BE TWM Solicitors LLP Kings Shade Walk 123 High Street Epsom Surrey KT19 8AU Tel. 01372 729 555 Ref: Ms P. Gentile-Lustria
Lot 10
Flat 2, 7 Blandford Street Marylebone W1U 3DD Hodders Law Solicitors 50 Station Road London NW10 4UA Tel. 020 8965 9862 Ref: Ms S. Silva
Lot 11
3 Highshore Road Peckham SE15 5AA Raw & Co 1 Dura Den Close Beckenham Place Park Beckenham Kent BR3 5BU Tel. 020 8658 2965 Ref: N. Raw Esq
Lot 13
8 Goring Way Greenford Middlesex UB6 9NL Ross & Craig Swift House 12a Upper Berkeley Street London W1H 7PE Tel. 020 7262 3077 Ref: Mr P. Bardsley
Lot 14
13 Colebrook Road Norbury SW16 5QS TWM Solicitors LLP Kings Shade Walk 123 High Street Epsom Surrey KT19 8AU Tel. 01372 729 555 Ref: Ms P. Gentile-Lustria
Lot 15
40 Danbrook Road Streatham SW16 5JX Haslam & Payne 14-15 Lower Grosvenor Place London SW1W 0EX Tel. 020 7828 8725 Ref: Mr M. Lewis
Lot 16
5 Brae Court South Norwood Hill South Norwood SE25 6DU Dzimitrowicz York The White House 6 Laud Street Croydon Surrey CR0 1ST Tel. 020 8667 0340 Ref: Mr T. Dzimitrowicz
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Lot 31
121 Barry Road East Dulwich SE22 0HW DWF Solicitors Bridgewater Place Water Lane Leeds LS11 5DY Tel. 0113 261 6000 Ref: Mr M. Whitworth
Lot 46
34/36 Brighton Road Salfords Redhill Surrey RH1 5BX Thackray Williams Kings House 32-40 Widmore Road Bromley Kent BR1 1RY Tel. 020 8290 0440 Ref: Ms Y. Betez
Lot 32
44 The Park Apartments London Road Brighton Sussex BN1 6YL Dickinson Dees 1 Trinity Gardens Broad Chare Newcastle upon Tyne NE1 2HF Tel. 0191 279 9000 Ref: Mr C. Ledgerwood
Lot 47
32 Brighton Road Salfords Redhill Surrey RH1 5BX Thackray Williams Kings House 32-40 Widmore Road Bromley Kent BR1 1RY Tel. 020 8290 0440 Ref: Ms Y. Betez
Lot 33
166 - 170 Rye Lane Peckham SE15 4NB Brett Holt Solicitors 308a Ewell Road Surbiton Surrey KT6 7AL Tel. 020 8399 1195 Ref: Mr R. Sudweek
Lot 34
Lot 47a 22-24 Addington Road West Wickham Kent BR4 9BS Judge Sykes Frixou 23 Kingsway London WC2B 6YF Tel. (0)20 7379 5114 Ref: Mr M. Ansell Lot 48
Site r/o 30-36 Brighton Road Salfords Redhill Surrey RH1 5BX Thackray Williams Kings House 32-40 Widmore Road Bromley Kent BR1 1RY Tel. 020 8290 0440 Ref: Ms Y. Betez
Lot 49
Site adjacent to 28 Longlands Avenue Coulsdon Surrey CR5 2QJ Hepburns Solicitors Unit 1 Blackwater Court 17-21 Blackwater Street Dulwich London SE22 8SD Tel. 020 8299 3376 Ref: M. Harrison Esq
8 Bramah Green Myatts Fields Brixton SW9 7RG Howard Kennedy 19 Cavendish Square London W1A 2AW Tel. (0)20 7636 1616 Ref: Mr B. Gurluk
Lot 35
30 Bramah Green Myatts Fields Brixton SW9 7RG Howard Kennedy 19 Cavendish Square London W1A 2AW Tel. (0)20 7636 1616 Ref: Mr B. Gurluk
Lot 36
Flat 44 Parkview House Hurst Street Herne Hill SE24 0EH Howard Kennedy 19 Cavendish Square London W1A 2AW Tel. (0)20 7636 1616 Ref: Mr B. Gurluk
Lot 50
Land Rear of 79 Cranston Road Forest Hill SE23 2EZ Colemans Ctts 25-29 High Street Kingston-Upon-Thames KT1 1LL Tel. 0208 296 9966 Ref: Mr P. Fanning
Lot 37
13 Spencer Road Caterham on the Hill Surrey CR3 5LE Kirk & Partners 25-27 Passey Place Eltham SE9 5DF Tel. 020 8850 2484 Ref: Mr H. Lewis
Lot 51
Imperial Works, 29a Hindsleys Place Forest Hill SE23 2NQ Armstrong & Co 2 Dartmouth Road London SE23 3XU Tel. 020 8699 3477 Ref: Ms M. Bailey
Lot 38
30 Brighton Road Salfords Redhill Surrey RH1 5BX Thackray Williams Kings House 32-40 Widmore Road Bromley Kent BR1 1RY Tel. 020 8290 0440 Ref: Ms Y. Betez
Lot 52
Lot 39
Flat 1 Dawes House, Rodney Estate Orb Street Walworth SE17 1RE TWM Solicitors 65 Woodbridge Road Guildford Surrey GU1 4RD Tel. 01483 752700 Ref: Mr M. Dawson
Cruisemaster Yard & Boatyard Premises Eel Pie Island Twickenham Middlesex TW1 3DY Merton and Richmond Legal Services London Borough of Merton Gifford House MORDEN SURREY SM4 6HY Tel. 020 8545 3442 Ref: Ms S. Sime
Lot 53
55 Felixstowe Road Edmonton N9 0DX Bude Nathan Iwanier 1-2 Temple Fortune Parade Bridge Lane London NW11 OQN Tel. 020 8458 5656 Ref: Mr S. Pariente
Lot 54
51 Blyth Road Walthamstow E17 8HP McGlennons Solicitors 158/160 Arthur Road Wimbledon London SW19 8AQ Tel. 0208 946 6015 Ref: Mr V. M. Tyson
Lot 55
49 Blyth Road Walthamstow E17 8HP McGlennons Solicitors 158/160 Arthur Road Wimbledon London SW19 8AQ Tel. 0208 946 6015 Ref: Mr V. M. Tyson
Lot 56
26 Charles Avenue Chilwell Beeston Nottingham NG9 5EE The Treasury Solicitor (BV) One Kemble Street London WC2B 4TS Tel. 020 7210 3116/3117 Ref: M. Brumant Esq
Lot 57
60 Kirkwood Grove Medbourne Milton Keynes MK5 6FP Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms E. Worthington
Lot 58
5 Cliff Terrace Margate Kent CT9 1RU F S Law 27 Milton Road Gravesend Kent DA12 2RF Tel. 01474 533338 Ref: Mr F.N. Sherwani
Lot 59
192a London Road Greenhithe Kent DA9 9JF Hepburns Solicitors Unit 1 Blackwater Court 17-21 Blackwater Street Dulwich London SE22 8SD Tel. 020 8299 3376 Ref: M. Harrison Esq
Lot 40
90 Eardley Road Streatham SW16 6BL Michael Simkins LLP Lynton House 7-12 Tavistock Square London WC1H 9LT Tel. 020 7874 5600 Ref: Mr C. Evans
Lot 41
Flat 2, 326 Brownhill Road Catford SE6 1AX Jefferies Essex LLP Courtway House 129 Hamlet Court Road Westcliff on Sea Essex SS0 7EW Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 42
Seymour Court, 17/19 Church Street Twickenham TW1 3NN Russell Cooke LLP 2 Putney Hill London SW15 6AB Tel. 020 8789 9111 Ref: Mr P. Reed
Lot 43
12 Church Road Crystal Palace SE19 2ET Cantor Law Limited Lake View Lakeside Cheadle SK8 3GW Tel. 0844 776 7600 Ref: Ms C. McKinney
Lot 44
93 Blackheath Road Blackheath SE10 8PD Irwin Mitchell LLP 2 Wellington Place Leeds LS1 4BZ Tel. 0870 1500 100 Ref: Ms J. Murphy
Lot 45
207/207a & 209 Manor Road Mitcham Surrey CR4 1JH Attwells Solicitors LLP 88 St. John’s Wood High Street London NW8 7SH Tel. 020 7722 9898 Ref: Mr N. Attwell
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Vendors solicitors list
Lot 60
Flat 3, 28 Harmer Street Gravesend Kent DA12 2AX F S Law 27 Milton Road Gravesend Kent DA12 2RF Tel. 01474 533338 Ref: Mr F.N. Sherwani
Lot 61
Flat D, 8 Burch Road Gravesend Kent DA11 9NG F S Law 27 Milton Road Gravesend Kent DA12 2RF Tel. 01474 533338 Ref: Mr F.N. Sherwani
Lot 62
Lot 63
Lot 64
Lot 65
Lot 75
Marlborough House 32-36 Hazelwood Road Northampton NN1 1LN Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms R. Wardle
Lot 76
26 Anderson Road Hackney E9 6HH Howard Kennedy 19 Cavendish Square London W1A 2AW Tel. (0)20 7636 1616 Ref: Mr B. Gurluk
Units 1 & 2, Stephenson House Albert Street Bletchley Milton Keynes MK2 2UG Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S. Nethaway
Lot 77
52 Durham Avenue Gidea Park Romford Essex RM2 6JS Howard Kennedy 19 Cavendish Square London W1A 2AW Tel. (0)20 7636 1616 Ref: Mr B. Gurluk
1 & 1a Victoria Road Bletchley Milton Keynes MK2 2NH Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms R. Wardle
Lot 78
43 Enterprise House Curzon Crescent Barking Essex IG11 0JZ Jefferies Essex LLP Courtway House 129 Hamlet Court Road Westcliff on Sea Essex SS0 7EW Tel. 01702 332 311 Ref: Mr M. Hidveghy
37-39 Tickford Street Newport Pagnell Milton Keynes MK16 9AE Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms A. Potter
Lot 79
Land adjacent to 115 Welcomes Road Kenley Surrey CR8 5HB Gowen & Stevens 5 Mulgrave Chambers 26-28 Mulgrave Road Sutton Surrey SM2 6LE Tel. 020 8661 8611 Ref: Ms C. Ward
Lot 80
Site at Ashby Mews rear of 127 Upper Brockley Road Brockley SE4 1TF Ashley Wilson Solicitors 19-21 Grosvenor Gardens Belgravia SW1W 0BD Tel. 020 7802 4802 Ref: Mr M. Hassan Parking Space 29 Madison House Long Lane Borough SE1 4PF Compton Group Legal Department PO Box 425 Swansea SA6 8YH Tel. 01792 315459 Ref: Ms N. Davies
16 Leicester Road Rotherham South Yorkshire S25 2PX Jefferies Essex LLP Courtway House 129 Hamlet Court Road Westcliff on Sea Essex SS0 7EW Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 66
10 Hermitage Street Blackburn Lancashire BB1 4NL Jefferies Essex LLP Courtway House 129 Hamlet Court Road Westcliff on Sea Essex SS0 7EW Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 67
75 Sutcliffe Street Liverpool L6 6AS Jefferies Essex LLP Courtway House 129 Hamlet Court Road Westcliff on Sea Essex SS0 7EW Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 68
Lot 69
19a South Eastern Road Ramsgate Kent CT11 9TR CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown 14 Tarbert Close Bletchley Milton Keynes MK2 3EY Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms A. Potter
Lot 70
5 Argyll House Suffolk Close Bletchley Milton Keynes MK3 7EW Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Mr A. Ragukaran
Lot 71
31 Brora Close Bletchley Milton Keynes MK2 3HD Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms J. Eakins
Lot 72
776-778 Stratford Road Sparkhill Birmingham B11 4BP Kuit Steinart Levy LLP 3 St Marys Parsonage Manchester M3 2RD Tel. 0161 832 3434 Ref: Mr D. Marlor
Lot 73
28a-28d Sutton Road Manchester M18 7PN Sharratts 1 The Old Yard Rectory Lane Brasted Kent TN16 1JP Tel. 01959 568 000 Ref: Ms N. Main
Lot 74
101 Gander Green Lane Sutton Surrey SM1 2EU Keeble Hawson LLP 14 Prince’s Street Doncaster DN1 3NJ Tel. 01302 366 831 Ref: Ms H. Ames
Lot 81
Lot 82
Parking Space 30 Madison House Long Lane Borough SE1 4PF Compton Group Legal Department PO Box 425 Swansea SA6 8YH Tel. 01792 315459 Ref: Ms N. Davies
Lot 83
Parking Space 31 Madison House Long Lane Borough SE1 4PF Compton Group Legal Department PO Box 425 Swansea SA6 8YH Tel. 01792 315459 Ref: Ms N. Davies
Lot 84
Parking Space 32 Madison House Long Lane Borough SE1 4PF Compton Group Legal Department PO Box 425 Swansea SA6 8YH Tel. 01792 315459 Ref: Ms N. Davies
Lot 85
8 - 32 (excluding 13) Canary Quay Eastbourne East Sussex BN23 5UT GWCA Solicitors 60 High Street Steyning West Sussex BN44 3RD Tel. 01903 814 190 Ref: Mr G. Collins
Lot 86
112 Trinity Road Tooting SW17 7RL T G Baynes Broadway House 208 Broadway Bexleyheath Kent DA6 7BG Tel. 020 8301 7777 Ref: Mr R. Thomas
Lot 87
41 Beatrice Avenue Streatham SW16 4UW Ingram Winter Green Bedford House 21a John Street London WC1N 2BL Tel. 020 7845 7400 Ref: Mr P. Boodt
Lot 88
25 Granville Park Blackheath SE3 7DY T G Baynes Broadway House 208 Broadway Bexleyheath Kent DA6 7BG Tel. 020 8301 7777 Ref: Mr R. Thomas
Lot 89
84/84A Plashet Grove Upton Park E6 1AD Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
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Lot 90
Davina Court, 23/25 Priory Avenue High Wycombe Buckinghamshire HP13 6SQ Gateley LLP 1 Paternoster Square London EC4M 7DX Tel. 020 7653 1600 Ref: Ms C. Pierce
Lot 91
29 Dynevor Road Stoke Newington London N16 0DL Southern Land Securities Ltd Legal Department First Floor Offices Hale Place 229 Ashley Road Hale WA15 9SX Tel. 0844 472 0280 Ref: Mr P. Jolly
Lot 92
Lot 93
Lot 94
Lot 95
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Lot 96
5 & 7 Cotswold Close Aldridge West Midlands WS9 8LW Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 97
6 & 8 Cotswold Close Aldridge West Midlands WS9 8LW Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
The Mitre, 242 Grafton Road Kentish Town NW5 4AU Southern Land Securities Ltd Legal Department First Floor Offices Hale Place 229 Ashley Road Hale WA15 9SX Tel. 0844 472 0280 Ref: Mr P. Jolly
Lot 98
1 to 9 Hazel Court, 54/56 Church Hill Loughton Essex IG10 1LB Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
9 & 11 Cotswold Close Aldridge West Midlands WS9 8LW Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 99
10 & 12 Cotswold Close Aldridge West Midlands WS9 8LW Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
19 & 21 Kinver Crescent Aldridge West Midlands WS9 8LP Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies 2 & 4 Cotswold Close Aldridge West Midlands WS9 8LW Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
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Lot 100 14 & 16 Cotswold Close Aldridge West Midlands WS9 8LW Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Sale memorandum Date
Name of Seller
Name and address of Buyer
The Lot
The Price (excluding any VAT)
Deposit paid
The Seller agrees to sell and the Buyer agrees to buy the Lot for the Price. This agreement is subject to the Conditions so far as they apply to the Lot. We acknowledge receipt of your deposit.
Signed by, or on behalf of the Buyer
Signed by andrew scott robertson as agent for the Seller The Buyers solicitors are:
Address
Contact
andrew scott robertson is a trading name of AR & QS Holdings Limited Registered Office: 75 Camberwell Church Street, Camberwell, London SE5 8TU. Registered No: 7956401 England
Hotel Russell
(side entrance)
Venue
Central London
Hotel Russell 1-8 Russell Square London WC1B 5BE T: 020 7837 6470 F: 020 7837 2857
21-23 Mossop Street Chelsea, London SW3 2LY T: 020 7808 8530 F: 020 7581 1973
Nearest tube Russell Square (Piccadilly line) Holborn (Central & Piccadilly lines)
Parking
South London 75 Camberwell Church Street Camberwell, London SE5 8TU T: 020 7703 4401 F: 020 7708 1981 Dx: 35317 Camberwell Green E: auctions@as-r.co.uk
www.as-r.co.uk
On street meter parking from 8.30am - 8.30pm Off-street parking indicated on map
Auction dates 2013 Tuesday 4th June Tuesday 23rd July Monday 23rd September Tuesday 29th October Monday 16th December