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HO
V TE ENU L R E: US SE LL
property auction Monday 23rd September 2013
Venue:
Hotel Russell, Russell Square London WC1B 5BE
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Professional Property People
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
Marcia Antiedu
Michael Atwood
Residential Sales & Lettings
marciaantiedu@as-r.co.uk
michaelatwood@as-r.co.uk
50 Wimbledon Hill Road Wimbledon SW19 7PA
Jayne Mountain jaynemountain@as-r.co.uk
Long Hoang
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
longhoang@as-r.co.uk
www.as-r.co.uk
Prelim Pages - September 05/09/2013 14:11 Page 1
September auction sale Monday 23rd September 2013 Comprising 101 lots of residential and commercial property for occupation, investment and development.
Please note start time 12 noon September 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 1-101 ...................................................................................................15 Common auction conditions.............................................................64 Extra conditions ........................................................................................69 Vendors solicitors list................................................................................70 Sale memorandum................................................................................73
By order of The London Borough of Lambeth The London Borough of Southwark GraingerRAMP Ltd Mountview Estates Plc LPA Receivers Executors Mortgagees Trustees Public & Private Limited Companies Others
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Alphabetical index
A
H
O
19
87
10/12 Harden Close Walsall West Midlands WS3 1BU 88 14/16 Harden Close Walsall West Midlands WS3 1BU 89 26/28 Harden Close Walsall West Midlands WS3 1BU 90 30,36,38 Harden Close Walsall West Midlands WS3 1BU 91 42/44 Harden Close Walsall West Midlands WS3 1BU 13 22 Harpenden Road West Norwood SE27 0AE 67 71 Harpur Street Bedford Bedfordshire MK40 2SR 44 Marlborough House, 32-36 Hazelwood Rd Northampton NN1 1LN 101 28a High Street Cardiff South Glamorgan CF10 1PU 99 54 High Street Penge SE20 7HB 24 31 Holburne Road Kidbrooke SE3 8HW
20
K
S 92 63 52 83
Flat 6 Austin House Achilles Street New Cross SE14 6BB 100 52b, 52c & 52d Aldborough Road South Seven Kings Ilford Essex IG3 8EX 1 Flat 1, 3 Alexandra Drive Upper Norwood SE19 1AJ 86 1-10 Alexandra Court Alexandra Road Burton-On-Trent Staffordshire DE15 0JF 98 38 Alie Street Aldgate E1 8DA 53 20 Avenue Road Tottenham N15 5JH
B 77 94 39 15 47 50 93
Clive Court Babington Road Streatham SW16 6AL 84 Ballater Road Brixton SW2 5QP 442 Becontree Avenue Dagenham Essex RM8 3UB 2 Bonham Road Brixton SW2 5HF The Old Harrington Bakery, 8-10 Bridge St Leatherhead Surrey KT22 8BZ Advertising Hoarding at 255 Brixton Road Brixton SW9 6LH 249-251 & 253-255 Brixton Road Brixton SW9 6LJ
95 23 66
C 48 22 61 17 37 40 18 28 8 84 62
167 Camberwell Road Camberwell SE5 0HB 32a Catford Broadway Catford SE6 4SN 2 Western Court Chandlers Way Romford Essex RM1 3JR 109 Chatham Street Walworth SE17 1PA Unit A2 The Picture House Cheapside Reading Berkshire RG1 7AJ 119 Consort Road Peckham SE15 3RU 143 Copleston Road Peckham SE15 4AQ 84 Coralline Walk London SE2 9ST 26 Cranford Avenue Stanwell Middlesex TW19 7AH 335 - 335a Croxted Road Herne Hill SE24 9DB 43 Enterprise House Curzon Crescent Barking Essex IG11 0JZ
54 78 21 35 5 4 38 82
26 45
12 Flat 4 Henley's Manor Dartford Road Bexley Kent DA5 2AS 100 Dunton Road Southwark SE1 5UN
P 14 64 7 Q 46
R 58 43 36
97 31
L
11 D
8 Kildoran Road Brixton SW2 5JX 16a Kingswood Road Penge SE20 7BN 62 Kirkwood Grove Medbourne Milton Keynes Buckinghamshire MK5 6FP
42
27 Fiske Court Lansdowne Road Tottenham N17 0NR 143 Larkhall Lane Clapham SW4 6RG 223b Lee High Road Lewisham SE13 5PQ Pleasurewood Hills Leisure Way Lowestoft Suffolk NR32 5DZ 16 Lillieshall Road Clapham SW4 0LP 19 Lillieshall Road Clapham SW4 0LN 123 London Road Knebworth Hertfordshire SG3 6EX 25 - 25a Longfield Avenue Wallington Surrey SM6 7AZ 3 Lower Coombe Street Croydon Surrey CR0 1AA 5 Lower Coombe Street Croydon Surrey CR0 1AA
70 71 72 73 74 27
T 30 69 3
M 25
E 32 56 57 16
43 Jamieson House Edgar Road Hounslow Middlesex TW4 5QH 4 Effingham Street Ramsgate Kent CT11 9AT 10 Effingham Street Ramsgate Kent CT11 9AT 1 Elswick Road Lewisham SE13 7SP
81 85 10 49
F 55
Boston House 117-119 Folkestone Road Dover Kent CT17 9SD
2
2
N 29 65
G Flat 1, 227 Gipsy Road West Norwood SE27 9QY
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15 Lions Close Marvels Lane Eltham SE9 4HG 1 - 2 Melbourne Close Wallington Surrey SM6 8SN 65 Milton Road Herne Hill SE24 0NW 29 Moffat Road Thornton Heath Surrey CR7 8PY 8 Montague Road Croydon Surrey CR0 3SS
41
6 Nile Path Plumstead SE18 4DP 24 North Street New Bradwell Milton Keynes Buckinghamshire MK13 0ED 28 Nunhead Green Nunhead SE15 3QF
Ground Floor Flat 626b Old Kent Road Peckham SE15 1JB 626b Old Kent Road Peckham SE15 1JB
9 96 80
V 59 W 33 79 68 60 6
Flat C, 50a Palace Road Tulse Hill SW2 3NJ 4a Earls Hall Parade Prince Avenue Southend on Sea Essex SS2 6NW 109 Princes Avenue Surbiton Surrey KT6 7JW
113-113a Queens Road Croydon Surrey CR0 2PT
149 Ramsgate Road Margate Kent CT9 4EY Garage Workshop rear of 45 Ranelagh Rd Harlesden NW10 4UR Dryden Court Renfrew Road Kennington SE11 4NH
16 Saltoun Road Brixton SW2 1EP 38c Selborne Road Ilford Essex IG1 3AJ 149-156 Snargate Street Dover Kent CT17 9BZ 38 - 40 St Marks Avenue Northfleet Kent DA11 9LW 29 St. Johns Park Blackheath SE3 7TD 34 St. Michaels Place Brighton East Sussex BN1 3FU Plot 1 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Plot 2 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Plot 4 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Plot 6 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Plot 7 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH 8 Grange House Sun Court Slade Green Kent DA8 2DZ
12 Charlesmere Gardens Thames Reach London SE28 0NG Flat 40 Portland House, 58-60 The Kingsway Swansea SA1 5HN Flat 1, 73 Thornlaw Road West Norwood SE27 0SH First floor maisonette 1 Thorpewood Avenue Sydenham SE26 4BU 75 Troughton Road Charlton SE7 7QF 53/55 Tynemouth Road Mitcham Surrey CR4 2BQ
3a Victoria Parade Ramsgate Kent CT11 9DE
19 Waterside Rd Southall Middlesex UB2 4RA 138/140 Weir Road Balham SW12 0ND 204 Wellingborough Road Rushden Northamptonshire NN10 9SX Flat 20 Halyards Court, 12 Western Road Romford Essex RM1 3GL 42c Westwell Road Streatham SW16 5RT
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Property type
Freehold vacant houses
Clapham Clapham Kidbrooke Lewisham Ramsgate Ramsgate Stanwell Surbiton Tottenham
19 Lillieshall Road 16 Lillieshall Road 31 Holburne Road 1 Elswick Road 10 Effingham Street 4 Effingham Street 26 Cranford Avenue 109 Princes Avenue 20 Avenue Road
Freehold part vacant property Brixton 2 Bonham Road Leasehold vacant flats Bexley Flat 4 Henley's Manor Dartford Road Brighton 34 St. Michaels Place Peckham Ground Floor Flat 626b Old Kent Road Penge 16a Kingswood Road Ramsgate 3a Victoria Parade Streatham 42c Westwell Road Sydenham 1 Thorpewood Avenue Thornton Heath 29 Moffat Road Tulse Hill Flat C, 50a Palace Road Upper Norwood Flat 1, 3 Alexandra Drive West Norwood Flat 1, 227 Gipsy Road West Norwood Flat 1, 73 Thornlaw Road Commercial Properties Bedford 71 Harpur Street Brixton Advertising Hoarding at 255 Brixton Road Camberwell 167 Camberwell Road Dagenham 442 Becontree Avenue Harlesden Garage Workshop rear of 45 Ranelagh Road Northampton Marlborough House 32-36 Hazelwood Road Nunhead 28 Nunhead Green Peckham 119 Consort Road Peckham 626b Old Kent Road Rushden 204 Wellingborough Road Northamptonshire
Freehold vacant house
Peckham
143 Copleston Road
Residential investments Aldgate 38 Alie Street Balham 138/140 Weir Road Barking 43 Enterprise House Curzon Crescent Blackheath 29 St. Johns Park Brixton 16 Saltoun Road Brixton 8 Kildoran Road Brixton 84 Ballater Road Brixton 249-251 & 253-255 Brixton Road Burton-On-Trent 1-10 Alexandra Court Staffordshire Alexandra Road Cardiff 28a High Street Catford 32a Catford Broadway Charlton 75 Troughton Road Clapham 143 Larkhall Lane Croydon 3 Lower Coombe Street Croydon 5 Lower Coombe Street Eltham 15 Lions Close Marvels Lane Herne Hill 65 Milton Road Herne Hill 335 - 335a Croxted Road Hounslow 43 Jamieson House Edgar Road Ilford 38c Selborne Road Ilford 52b, c & d Aldborough Rd South Lewisham 223b Lee High Road London 84 Coralline Walk London 12 Charlesmere Gardens Margate 149 Ramsgate Road Milton Keynes 62 Kirkwood Grove
Freehold vacant house
Freehold four floor detached building arranged as eight self contained flats - Investment producing equivalent to £36,840 per annum
Dover
Boston House 117-119 Folkestone Road
Freehold vacant sites Dover 149-156 Snargate Street Pulborough Plot 1 & 2 Station Rd & London Rd West Sussex Plot 4 Station Rd & London Rd Plot 6 Station Rd & London Rd Plot 7 Station Rd & London Rd Freehold house with adjoining commercial site. Investment/Development Potential (subject to consents) Croydon 113-113a Queens Road Virtual Freehold Mixed Use Investment - Offices, Garages and underground car park. Producing £69,280 per annum with 1 office vacant Kennington Dryden Court Renfrew Road Long leasehold Retail Investment producing £20,000 per annum - Offered on behalf of the LPA Receivers Knebworth 123 London Road Hertfordshire Long leasehold retail investment - producing £21,000 per annum - Offered on behalf of the LPA Receivers Reading Unit A2 The Picture House Cheapside Freehold three floor end of terrace building with planning permission for 2 self contained flats and 1 ground floor shop - Full vacant possession Southwark 100 Dunton Road
Walworth
109 Chatham Street
Residential investments Milton Keynes 24 North Street Mitcham 53/55 Tynemouth Road New Cross Flat 6 Austin House Achilles Street Northfleet 38/40 St Marks Avenue Penge 54 High Street Plumstead 6 Nile Path Romford Flat 20 Halyards Court Western Road Romford 2 Western Court Chandlers Way Slade Green 8 Grange House Sun Court Southall 19 Waterside Road Southend on Sea 4a Earls Hall Parade Prince Avenue Streatham Clive Court Babington Road Swansea Flat 40 Portland House 58-60 The Kingsway Tottenham 27 Fiske Court Lansdowne Road Wallington 25/25a Longfield Avenue Wallington 1/2 Melbourne Close Walsall 26/28 Harden Close Walsall 14/16 Harden Close Walsall 10/12 Harden Close Walsall 42/44 Harden Close Walsall 30,36,38 Harden Close West Norwood 22 Harpenden Road
Freehold former bakery building of approximately 583.43 sq.m (6,280 sq.ft) with planning submitted for 8 self contained flats and a commercial unit Full vacant possession Leatherhead The Old Harrington Bakery 8-10 Bridge Street Freehold former bakery building of approximately 583.43 sq.m (6,280 sq.ft) with planning submitted for 8 self contained flats and a commercial unit Full vacant possession Croydon 8 Montague Road
Freehold Theme Park Investment Opportunity producing £65,030.90 per annum
Lowestoft Suffolk
Pleasurewood Hills Leisure Way
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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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Comments from the auctioneer Welcome to andrew scott robertson’s series of Autumn auctions. Our September catalogue brings a rich blend of residential, commercial, development and investment lots to the market and we hope you find something that meets your investment needs. September’s auction promises to be an interesting one, and includes a portfolio of 25 tempting ground rents, some highly reversionary, offered for sale through andrew scott robertson for the first time in many years. Our catalogue also incorporates a number of exciting commercial investments at realistic prices. Some are vacant and present asset management opportunities, while others are tenanted and are returning yields that reflect concrete value for money. Vendors at our September auction include: The London Boroughs of Lambeth and Southwark, GraingerRAMP Ltd, Mountview Estates Plc, as well as LPA receivers, and a number of Housing Associations, Mortgagees, Executors and private and public limited companies. In recent months the residential sector has bounced back strongly helped by initiatives including the Government’s Help to Buy scheme. This, combined with improved funding as the widest range of mortgages for years filters through to prospective first time buyers, is bringing more new bidders to our auction room. Simultaneously we are witnessing a real rise in cash rich buyers looking to invest in property for rental returns and capital appreciation. So it is an exciting time for the sector and we anticipate healthy demand for stock at our 23 September auction. We would like to draw your attention to the following lots: Pleasurewood Hills Theme Park: Located in the popular seaside town of Lowestoft, Suffolk, is a truly rare property investment. It is being offered with 12 years to run on the lease, producing an annual income of £65,030 pa. Guide Price: £1,000,000 16 & 19 Lillieshall Road, Clapham, SW4: Two Grade II listed terraced houses in a sought after location in Clapham Old Town. This is one of London’s most hotly contested postcodes, and they are being offered on behalf of the London Borough of Lambeth. The vacant properties are new to the market and offer refurbishment opportunities. Guide Prices: £550,000 + and £635,000 + respectively The Old Harrington Bakery, 8-10 Bridge Street, Leatherhead,Surrey: An exciting development opportunity for commercial/residential conversion in a popular commuter town in the stockbroker belt of Surrey, with easy access to central London. This substantial freehold two floor corner building of approximately 6,280sq.ft is offered with a planning application submitted for the conversion of the existing building into eight self-contained flats and one commercial unit. Guide Price: £550,000 +
143 Copleston Road, Peckham SE15: Offered with vacant possession on behalf of the London Borough of Southwark this freehold three bedroom double fronted end of terrace house would make a fabulous family home and benefits from a six week completion. Guide Price: £500,000 + Boston House, 117-119 Folkestone Road, Dover, Kent: This residential investment property currently producing £36,840pa, offers a prime opportunity for asset management, with rents from eight self contained flats that are considered to be below current market values. Guide price: £360,000 + 123 London Road, Knebworth, Herts SG3: Offered on behalf of the Receivers this long leasehold ground floor retail investment located in a popular commuter town located approximately 40 miles north of central London. The unit benefits from a new 15 year lease to Putterills Estate Agents at a rent of £20,000 pa. Guide price: £190,000 + 25 freehold ground rents across the UK to be offered individually (some reversionary): With guide prices ranging from £2,400 to £65,000
We hope you find a property that meets your investment needs. Should you require professional guidance or support in letting your commercial or residential property or managing it to its full potential then andrew scott robertson are here to help you from start to finish. Click on our newly re-designed website outlining our full range of services: www.as-r.co.uk for a full overview of the complete service we are now offering. Our dedicated commercial and residential agency includes a professional property management team offering RICS red-book valuations, pension fund assessments, rent review advice, lease renewal negotiation and dispute resolutions. Our letting team can help to servicing your investment to produce the very best in rental returns from sourcing high calibre tenants, as well as collecting and updating rents. Legal packs for this sale are available online and can be downloaded from our website: www.as-r.co.uk should you require any further advice or support please contact us on 020 7808 8530 or 020 7703 4401. We look forward to seeing you in the room.
Robin Cripp Chairman & Senior Auctioneer www.as-r.co.uk
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Auction information
Guide Prices
Buying
Results
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.
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.
Results for each auction as well as information on any unsold lots can be found on the website, www.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, or by emailing auctions@as-r.co.uk.
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.
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.
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. 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 in the auction room. 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. 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 or in the auction room. Energy Performance Certificates An Energy Performance Certificate (EPC) were applicable will be included within the legal pack for each Lot. The EPC and legal documentation can be downloaded from our website www.as-r.co.uk and will also be available for inspection on the day of the auction.
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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. 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. 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.
Catalogues Catalogues are provided free of charge approximately three weeks prior to the auction, email auctions@as-r.co.uk or visit the website www.as-r.co.uk. 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.
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 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
Prelim Pages - September 05/09/2013 14:11 Page 7
Professional Property People
Built with you in mind... The andrew scott robertson website is designed to make life easier for you: • ‘On the Move’ service enables you to browse for properties wherever you are • Refined search filters allow greater control in order to find just what you’re looking for • Access to upcoming auction dates and details at the touch of a button • Availability alerts ensure you’ll be the first to hear about new lots or opportunities • Information and advice on our range of investment services, available online at all times
Have a look around today, or for more information about andrew scott robertson, please get in touch.
www ww w.as.as-rr.co.uk Wimbledon Village T: 020 8971 6780 E: residential@as-r residential@as-r.co.uk
Wimbledon Town T: 020 8971 3800 E: residential@as-r residential@as-r.co.uk
Chelsea T: 020 7808 8530 E: auctions@as-r auctions@as-r.co.uk
Camberwell T: 020 7703 4401 E: auctions@as-r auctions@as-r.co.uk
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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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Residential Property Management • 99% Occupancy Rate on our Managed Portfolio • Your legislative requirements as a Landlord accommodated (e.g. Gas & Electrical Safety Certification; Tenancy Deposit Scheme; Non Resident Landlord & HMRC)
• Periodical management inspections and tenancy extensions, renewals and accounting • Corporate Members of ARLA providing professional advice helping you improve your return on investment
Contact: Wimbledon Village 24 High Street Wimbledon London SW19 5DX T: 020 8971 6780 E: lettings@as-r.co.uk
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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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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
Auction dates 2014
Tuesday 29th October Monday 16th December
Monday 17th February Monday 7th April Monday 2nd June Monday 21st July
Monday 22nd September Monday 27th October Monday 15th 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
John Weatherall johnweatherall@as-r.co.uk Dominic Smith dominicsmith@as-r.co.uk Michael Atwood michaelatwood@as-r.co.uk
Prelim Pages 05/09/2013 15:14 Page 12
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FINANCE GROUP PLC Principal Lenders since 1965
B.M. Samuels Finance Group PLC 314 Regents Park Road Finchley, London N3 2JX
Email. info@bmsamuels.com Web. www.bmsamuels.com
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CALL NOW FOR A QUICK URGENT DECISION
020 8349 9090 FAX. 020 8349 9898
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Private Treaty Commercial Department GUIDE PRICE £250,000
RENT £26,500 PA
160 Clapham Park Road, SW4
1 Windsor Park Avenue, SW19
Long lease development opportunity for sale
Industrial unit to lease
• New 125 year lease is available for the 3rd floor roofspace • Offers subject to the approval of planning permission for a single 2 bedroom flat extending to approximately 720 sq ft. • Our client may consider selling the freehold of both buildings, which benefit from rental and ground rent income totalling £17,700 per annum. • Further information on these leases and price for the freehold are available on request
• 2,104 sq ft • The unit is of a steel portal frame construction with part brick elevations overlaid with profiled metal cladding, beneath a profiled metal deck roof. • Office accommodation is provided at 1st floor level with adjoining mezzanine/storage space
GUIDE PRICE IN EXCESS OF £600,000/RENT, £40,000 PA
SUCCESSFULLY LEASED - SIMILAR REQUIRED
Charing Depot, Ashford Road, Kent, TN27
82 High Street, Wimbledon Village, SW19
Land for sale or lease
Retail unit
• 40,000 sq ft • Hard surfaced yard close to M20 • Warehouse storage with Portacabins office space included
• 1,010n sq ft • Retail unit located in heart of Wimbledon village • Asking rent £65,000
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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Prelim Pages - September 05/09/2013 14:12 Page 14
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 Tuesday 29th October 2013
Lot 1
REF: JML
Flat 1, 3 Alexandra Drive, Upper Norwood SE19 1AJ Long leasehold garden floor self-contained maisonette Full vacant possession
Location Situated between Gypsy Hill and Hawke Road. Public transport includes Gypsy Hill railway station which is within easy walking distance. Shopping amenities are at Westow Hill. Recreation facilities can be found at Crystal Palace Park. Accommodation Reception room, bedroom, kitchen (not fitted), bathroom/wc Outside: Communal garden
Lease To be sold on a new 125 year lease at a ground rent of £100 per annum (rising). Viewing See separate sheet
Lot 2
REF: JML
Flat 1, 227 Gipsy Road, West Norwood SE27 9QY Long leasehold garden floor self-contained maisonette Full vacant possession
Location Situated at the junction of Gipsy Road and Hamilton Road. Public transport includes Gipsy Hill railway station. Shopping amenities are at Gipsy Road. Recreation facilities can be found at Norwood Park. Accommodation Reception room, bedroom, kitchen, bathroom/wc Outside: Communal garden The property benefits from central heating (not tested)
Lease To be sold on a new 125 year lease at a ground rent of £100 per annum (rising). Viewing See separate sheet
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Lot 3
REF: JML
Flat 1, 73 Thornlaw Road, West Norwood SE27 0SH Long leasehold ground floor self-contained maisonette Full vacant possession
Location Situated between Lamberhurst Road and Knights Hill. Public transport includes West Norwood railway station. Shopping amenities are at Norwood Road. Recreation facilities can be found at Norwood Park. Accommodation Two bedrooms, reception room, kitchen, bathroom/wc Outside: Communal front and rear garden
Lease To be sold on a new 125 year lease at a ground rent of £100 per annum (rising). Viewing See separate sheet
Lot 4
19 Lillieshall Road, Clapham SW4 0LN Freehold two floor Grade II listed terraced house Full vacant possession
Location Situated within the sort after Clapham Old Town area between Orlando Road and North Street. Public transport includes Clapham Common underground (Northern Line) station. Shopping amenities are on Clapham High Street. Recreation facilities can be found at Clapham Common. Accommodation First Floor: Four rooms Ground Floor: Three reception rooms, kitchen, shower room/wc Outside: Rear garden and small front yard. Viewing See separate sheet
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REF: JML
Lot 5
REF: JML
16 Lillieshall Road, Clapham SW4 0LP Freehold two floor Grade II listed terraced house Full vacant possession
Location Situated within the sort after Clapham Old Town area between Orlando Road and North Street. Public transport includes Clapham Common underground (Northern Line) station. Shopping amenities are on Clapham High Street. Recreation facilities can be found at Clapham Common. Accommodation First floor: Two bedrooms, en-suite bathroom/wc Ground floor: Reception room, dining room, kitchen Outside: Rear garden Viewing See separate sheet
Lot 6
REF: DS
42c Westwell Road, Streatham SW16 5RT Long leasehold top floor self contained flat Full vacant possession BY ORDER OF GRAINGER RAMP (GRAINGER PLC) ACTING AS PORTFOLIO MANAGING AGENT - ON THE INSTRUCTIONS OF THE JOINT ADMINISTRATORS OF HAYWOODS INVESTMENT LTD, MARTIN ELLIS AND DAVID DUNCKLEY, PARTNERS OF GRANT THORNTON LLP
Location Situated between Greyhound Lane and Northanger Road. Public transport includes Streatham and Streatham Common railway stations. Shopping amenities are at Streatham High Road. Recreation facilities can be found at Streatham Common. Accommodation Reception room / kitchen, bedroom, shower room/wc The property benefits from central heating, entry phone system (neither tested) and double glazing
Lease To be sold on a new lease for a term of 120 years at a ground rent of £200 per annum. Viewing See separate sheet
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Lot 7
REF: DS
109 Princes Avenue, Surbiton, Surrey KT6 7JW Freehold two floor semi detached house Full vacant possesion
In the same ownership for over 25 years Location Situated off Ewell Road. Public transport includes Tolworth railway station. Shopping amenities are at Tolworth Broadway. Recreation facilities can be found at King George's Field. Accommodation First floor: Three bedrooms, bathroom/wc Ground floor: Reception room, kitchen, dining room Outside: Front garden, large rear garden and off street parking The property benefits from double glazing Note Six week completion on this lot
Viewing See separate sheet
Lot 8
26 Cranford Avenue, Stanwell, Middlesex TW19 7AH Freehold two floor terraced house Full vacant possession
In the same ownership for over 35 years Location Situated just off Long Lane. Public transport includes Ashford (Surrey) railway station. Shopping amenities are at the High Street. Recreation facilities can be found at Ashford Sports Club. Accommodation First floor: Two bedrooms, bathroom/wc Ground floor: Reception room, kitchen/diner Outside: Rear garden, off street parking The property benefits from central heating (not tested) and double glazing. Note Six week completion on this lot
Viewing See separate sheet
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www.as-r.co.uk
REF: DS
Lot 9
REF: DS
1 Thorpewood Avenue, Sydenham SE26 4BU Spacious long leasehold first floor self contained maisonette Full vacant possession
By order of Mountview Estates Plc In the same ownership for over 24 years Location Situated on the junction with Kirkdale. Public transport includes Forest Hill railway station. Shopping amenities are at Kirkdale. Recreation facilities can be found at Dulwich and Sydenham Hill Golf Club Accommodation Three bedrooms, reception room, kitchen, bathroom/wc Outside: Communal Gardens The property benefits from central heating (not tested) Total gross internal area approximately 93 sq.m (1,000 sq.ft)
Lease To be sold on a new lease for a term of 125 years at a ground rent of £300 per annum Viewing See separate sheet
Lot 10
REF: DS
29 Moffat Road, Thornton Heath, Surrey CR7 8PY Long leasehold ground floor self contained flat Full vacant possession
Location Situated between Beauchamp Road and Norbury Road. Public transport includes Thornton Heath railway station. Shopping amenites are at the High Street. Recreation facilities can be found at Grangewood Park. Accommodation Reception room, bedroom, kitchen, bathroom/wc Outside:Sole use of rear garden
Lease Held on a lease for a term of 189 years from 24/6/1982 at a peppercorn ground rent Viewing Telephone auctioneers 020 7703 4401
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Lot 11
REF: DS
3 Lower Coombe Street, Croydon, Surrey CR0 1AA Freehold two floor end of terrace house Investment
Location Situated at the junction with Keen's Road. Public transport includes South Croydon railway station. Shopping amenities are at the Whitgift and Centrale Shopping Centres. Recreation facilities can be found at Duppas Hill. Accommodation First floor: Three bedrooms Ground floor: Reception room, dining room, kitchen, bathroom/wc Outside: Small rear yard The property benefits from central heating (not tested) and double glazing
Tenancy Let on an assured shorthold tenancy for 12 months from 26/8/2013 at a rent of £1,150 per month. Total rent reserved £13,800 per annum Viewing Telephone Auctioneers: 020 7703 4401
Lot 12
5 Lower Coombe Street, Croydon, Surrey CR0 1AA Freehold two floor terraced house Investment
Location Situated at the junction with Keen's Road. Public transport includes South Croydon railway station. Shopping amenities are at the Whitgift and Centrale Shopping Centres. Recreation facilities can be found at Duppas Hill. Accommodation First floor: Two bedrooms, bathroom/wc Ground floor: Reception room, dining room, kitchen, utility room Outside: Small rear yard The property benefits from central heating (not tested) and double glazing
Tenancy Let on an assured shorthold tenancy for 12 months from 1/12/2012 at a rent of £1,050 per month. Total rent reserved £12,600 per annum Viewing Telephone Auctioneers: 020 7703 4401
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REF: DS
Lot 13
REF: JML
22 Harpenden Road, West Norwood SE27 0AE Freehold four floor end of terrace building arranged as six self-contained flats Investment
BY ORDER OF MR TONY HOW AND MR KEVIN USHER AS JOINT LPA RECEIVERS Location Situated within an established residential area off Norwood Road (A215). Public transport includes Tulse Hill and West Dulwich railway stations. Shopping amenities are on Norwood High Street. Recreational facilities can be found at Brockwell Park.
Accommodation/tenancies Unit
Floor
Accommodation
Tenancy
Rent per annum
6
Third
Reception room, bedroom, kitchen, bathroom/wc.
12 months assured shortland tenancy from 24/09/2012
£10,440
5
Second
Reception room, bedroom, kitchen, bathroom/wc.
12 months assured shorthold tenancy from 28/04/2012 (holding over)
£10,920
4
First
Reception room, bedroom, kitchen, bathroom/wc.
12 month assured shorthold tenancy from 01/10/2011 (holding over)
£9,811.36
3
Ground
Reception room, bedroom, kitchen, bathroom/wc.
12 month assured shorthold tenancy from 20/10/2012
£11,040
2
Ground
Reception room, bedroom, kitchen, bathroom/wc.
12 month assured shorthold tenancy from 25/01/2013
£14,400
1
Lower ground
Two bedrooms, reception room, kitchen, bathroom/wc.
12 months assured shorthold tenancy from 16/06/2012
£13,200
Total rent reserved £69,811.36 per annum Note Prospective purchasers' attention is drawn to a planning enforcement notice dated 09/02/2007 served by the London Borough of Lambeth, a subsequent appeal decision dated 16/11/2007 and recent correspondence received from the London Borough of Lambeth. Copies of each of these documents are available in the legal pack. Interested parties must rely on their own enquiries in this regard to the London Borough of Lambeth planning department, telephone 020 7926 1180.
Viewing Telephone auctioneers
Lot 14
REF: DS
Flat C, 50a Palace Road, Tulse Hill SW2 3NJ Long leasehold ground floor and lower ground floor self contained maisonette Full vacant possession BY ORDER OF GRAINGER RAMP (GRAINGER PLC) ACTING AS PORTFOLIO MANAGING AGENT - ON THE INSTRUCTIONS OF THE JOINT ADMINISTRATORS OF HAYWOODS INVESTMENT LTD, MARTIN ELLIS AND DAVID DUNCKLEY, PARTNERS OF GRANT THORNTON LLP
Location Situated between Christchurch Road and Leigham Vale. Public transport includes Tulse Hill railway station. Shopping amenities are at Norwood Road. Recreation facilities can be found locally. Accommodation Ground floor: Reception room, kitchen, bedroom, bathroom/wc Lower ground floor: Bedroom, shower room/wc The property benefits from central heating, entryphone system (neither tested) and double glazing
Lease To be sold on a new lease for a term of 120 years from 1/1/2012 at a ground rent of £200 per annum Viewing See separate sheet
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Lot 15
REF: DS
2 Bonham Road, Brixton SW2 5HF Freehold four floor end of terrace house arranged as three self contained flats (Two flats vacant, one flat sold) Part vacant possession BY ORDER OF GRAINGER RAMP (GRAINGER PLC) ACTING AS PORTFOLIO MANAGING AGENT - ON THE INSTRUCTIONS OF THE JOINT ADMINISTRATORS OF HAYWOODS INVESTMENT LTD, MARTIN ELLIS AND DAVID DUNCKLEY, PARTNERS OF GRANT THORNTON LLP
Location Situated at the junction with Sudbourne Road. Public transport includes Brixton railway and underground stations. Shopping amenities are at Brixton Road. Recreation facilities can be found at Brocklwell Park.
Unit
Accommodation
Lease
Second / Third floor self contained flat (3):
Reception room, bedroom, kitchen, bathroom/wc
Vacant
First floor self contained flat (2):
-
Sold on a lease for a term of 120 years from 1/1/2012 at a ground rent of £200 per annum (rising)
Ground floor self contained flat (1):
Two bedrooms, reception room / kitchen, bathroom/wc
Vacant
Outside: Rear garden, detached garage The property benefits from central heating and an entryphone system (neither tested) Viewing See separate sheet
Lot 16
1 Elswick Road, Lewisham SE13 7SP Freehold three floor end of terrace house arranged as two self-contained maisonettes Full vacant possession
Location Situated close to the junction with Loampit Hill. Public transport includes Lewisham railway and DLR Stations. Shopping amenities are at Lewisham High Street. Recreation facilites can be found at Hilliy Fields Park. Accommodation Raised ground and first floor maisonette: Three bedrooms, open plan kitchen/reception room, second reception room, bathroom/wc Garden floor maisonette: Two bedrooms, open plan kitchen/reception room, bathroom/wc Outside: Rear garden Both maisonettes benefit from central heating (not tested) Viewing See separate sheet
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www.as-r.co.uk
REF: DS
Lot 17
REF: JML
109 Chatham Street, Walworth SE17 1PA Freehold three floor end of terrace house Full vacant possession
Location Situated to the north side of Chatham Street, between Darwin Street and Balfour Street. Public Transport includes Elephant and Castle (Underground - Bakerloo and Northern Line) Station. Shopping amenities are on the New Kent Road. Recreation facilities can be found at Nursery Row. Accommodation Second Floor: Two bedrooms First Floor: Bedroom, bathroom/wc Ground Floor: Reception room, kitchen Outside: Patio garden. Note 1 Six week completion on this lot.
Viewing See separate sheet
Lot 18
REF: JML
143 Copleston Road, Peckham SE15 4AQ Freehold two floor double fronted end of terrace house Full vacant possession
Location Situated between Grove Vale and Oxenford Street. Public transport includes East Dulwich railway station. Shopping amenities are at Grove Vale. Recreation facilities can be found at Goose Green. Accommodation First floor: Three bedrooms, bathroom/wc. Ground floor: Two reception rooms, kitchen/dining room. Outside: Rear patio garden. The property benefits from central heating (not tested) Note Six week completion on this lot
Viewing See separate sheet
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Lot 19
REF: JML
Flat 6 Austin House, Achilles Street, New Cross SE14 6BB Long leasehold first floor purpose built flat Investment
BY ORDER OF THE TRUSTEE IN BANKRUPTCY Location Situated between Clifton Rise and Pagnell Street. Public transport includes New Cross underground (Overland line) station. Shopping amenities are local, recreation facilities can be found at Fordham Park Accommodation Three bedrooms, reception room, kitchen, bathroom, separate wc Outside: Balcony The property benefits from double glazing and central heating (not tested)
Tenancy Let on an assured shorthold tenancy for 6 months expiring on 30/04/2012 at a rent of £750 per month (holding over) Lease Held on a lease for a term of 112 years from 18/03/2002 at a ground rent of £10 per annum Total rent reserved equivalent to £9,000 per annum
Joint Agents
P&P Surveyors 0843 636 5705
Lot 20
Ground floor flat, 626b Old Kent Road, Peckham SE15 1JB Long leasehold ground floor self contained flat Full vacant possession
Location Situated opposite the junction with Sandgate Street. Public transport includes Queens Road (Peckham) railway station. Shopping amenities are at the Old Kent Road. Recreation facilities can be found at Burgess Park. Accommodation Three rooms, kitchen, shower room/wc Lease Held on a lease for a term of 99 years from 16/11/2000 at a ground rent of £50 per annum Viewing See separate sheet
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www.as-r.co.uk
REF: DS
Lot 21
REF: MA
223B Lee High Road, Lewisham SE13 5PQ Long leasehold second floor self-contained flat Investment
Location Situated on the north side of Lee High Road between Lee Church Street and Dacre Park. Public transport includes Lewisham DLR station. Shopping amenities are local. Recreation facilities can be found at Manor House Gardens. Accommodation Studio room/kitchen, bathroom/wc Tenancy Let on an 12 month assured shorthold tenancy from 14/08/2008 at a rent of £850 every four weeks (holding over). Lease Held on a long lease for a term of 99 years from 29/09/1988 at a ground rent of 100 per annum (rising). Total rent reserved equivalent to £11,050 per annum. Viewing See separate sheet
Lot 22
REF: DS
32a Catford Broadway, Catford SE6 4SN Long leasehold second floor self contained flat Investment
Disclosed reserve below £125,000 Location Situated between Catford Road and Rushey Green. Public transport includes Catford and Catford Bridge railway stations. Shopping amenities are at Rushey Green. Recreation facilities can be found at Mountsfield Park. Accommodation Three rooms, kitchen/ dining room, bathroom/wc Tenancy Let on an assured shorthold tenancy for 12 months from 11/4/2013 at a rent of £950 per month Lease Held on a lease for a term of 99 years from 25/3/1985 at a ground rent of £75 per annum. Total rent reserved £11,400 per annum Note 1 It is considered that when the tenancy is renewed the new rent will be approximately £12,600 per annum, prospective purchasers should rely on their own enquiries in this regard. Note 2 We are advised by the vendor that the tenant is up to date with their rent.
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Lot 23
REF: MA
16A Kingswood Road, Penge SE20 7BN Long leasehold raised ground floor self-contained flat Full vacant possession
Location Situated between Crampton Road and Mosslea Road. Public transport includes Penge West railway station. Shopping amenities are at High Street. Recreation facilities can be found at Crystal Palace 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 99 years from 29/11/1985 at a ground rent of £50 per annum (rising). Viewing See separate sheet
Lot 24
31 Holburne Road, Kidbrooke SE3 8HW Freehold two floor end of terrace house Full vacant possession
Location Situated off Dursley Road. Public transport includes Kidbrooke railway station. Shopping amenities are at Old Dover Road. Recreation facilities can be found at Greenwich and Sutcliffe Parks. Accommodation First floor: Three bedrooms, bathroom Ground floor: Reception room, kitchen Outside: Front off street parking and rear garden. The property benefits from a new kitchen and bathroom and central heating (not tested) Viewing See separate sheet
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www.as-r.co.uk
REF: DS
Lot 25
REF: DS
15 Lions Close Marvels Lane, Eltham SE9 4HG Long leasehold first floor purpose built flat Investment
Location Situated off Marvels Lane close to the junction with Grove Park Road. Public transport includes Grove Park railway station. Shopping amenities are at Baring Road. Recreation facilities can be found locally. Accommodation Reception room, bedroom, kitchen, bathroom/wc Tenancy Let on an assured shorthold tenancy for 6 months from 30/1/2012 at a rent of £700 per month (Holding over). Lease Held on a lease for a term of 125 years from 30/7/1990 at a ground rent of £10 per annum. Total rent reserved equivalent to £8,400 per annum
Lot 26
REF: DS
Flat 4 Henleys Manor, Dartford Road, Bexley, Kent DA5 2AS Long leasehold first floor self contained flat Full vacant possession
Location Situated close to the junction with St. Marys Road. Public transport includes Bexley railway station. Shopping amenities are at Bexley High Street. Recreation facilities can be found locally. Accommodation Reception room / fitted kitchen, bedroom, bathroom/wc Outside: Front off street parking, rear communal gardens with a communal swimming pool. The property benefits from central heating and an entryhone system (neither tested)
Lease Held on a lease for a term of 125 years from 1/8/2005 at a ground rent of £150 per annum. Viewing See separate sheet
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Lot 27
REF: DS
Flat 8 Grange House, Sun Court, Slade Green, Kent DA8 2DZ Leasehold first floor purpose built flat Investment
Location Situated off Howbury Lane. Public transport includes Slade Green railway station. Shopping and recreation facilities can be found locally. Accommodation Two bedrooms, reception room, kitchen/diner, bathroom/wc The property benefits from central heating (not tested) and double glazing
Tenancy Let on an assured shorthold tenancy for 24 months from 14/3/2011 at a rent of £800 per month (Holding over) Lease Held on a lease for a term of 99 years from 1/2/1981 at a ground rent of £40 per annum (rising) Total rent reserved equivalent to £9,600 per annum
Lot 28
84 Coralline Walk, London SE2 9ST Long leasehold third and fourth floor purpose built maisonette Investment
Disclosed reserve below £120,000 Location Situated off Harrow Manor Way. Public transport includes Abbey Wood railway station. Shopping amenities are at Abbey Wood Road. Recreation facilities can be found at Birchmere Park. Accommodation Four rooms, kitchen, bathroom/wc, roof space. The property benefits from central heating (not tested)
Tenancy Let on an assured shorthold tenancy for 7 years from 1/1/2008 at a rent of £850 per month Lease Held on a lease for a term of 126 years from 29/9/1983 at a ground rent of £10 per annum. Total rent reserved £10,200 per annum Note 1 We are advised by the vendor that the tenant is up to date with their rent. Note 2 We are advised the rent at renewal will be £1,000 per month. Prospective purchasers should rely on their own enquiries in this regard.
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www.as-r.co.uk
REF: DS
Lot 29
REF: DS
6 Nile Path, Plumstead SE18 4DP Long leasehold first floor purpose built flat Investment
Disclosed reserve below £100,000 Location Situated off Nightingale Vale via Engineer Close and Jackson Street. Public transport includes Woolwich Arsenal railway station. Shopping amenities are at Plumstead High Street. Recreation facilities can be found at Woolwich Common. Accommodation Two bedrooms, open plan reception room / kitchen, bathroom/wc Tenancy Let on an assured shorthold tenancy for 12 months from 13/5/2011 at a rent of £650 per month (holding over). Lease Held on a lease for a term of 99 years from 25/3/2011 at a ground rent of £100 per annum. Total rent reserved equivalent to £7,800 per annum Note 1 We are advised by the vendor that the rent at renewal would be approximately £840 per month (£10,080 p.a.). Prospective purchasers must rely on their own enquiries in this regard. Note 2 We are advised by the vendor that the tenant is up to date with their rent.
Lot 30
REF: DS
Flat 12 Charlesmere Gardens, Thames Reach, London SE28 0NG Long leasehold first floor purpose built flat Investment
Disclosed reserve below £140,000 Location Situated off Battery Road. Public transport includes Plumstead railway station. Shopping and recreation facailities can be found locally. Accommodation Master bedroom with en-suite showeroom/wc, second bedroom, reception room, kitchen, bathroom/wc Tenancy Let to Atlantic Housing Association at a rent of £850 per month. Renewal date 28/6/2014 Lease Held on a lease for a term of 125 years from 25/12/2002 at a ground rent of £200 per annum. Total rent reserved £10,200 per annum
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Lot 31
REF: DS
34 St. Michaels Place, Brighton, East Sussex BN1 3FU Long leasehold ground / first floor flat Full vacant possession
Location Situated between Victoria Road and Clifton Hill. Public transport includes Brighton railway station. Shopping amenities are at Queen's Road. Recreation facilities can be found at Dyke Road Park and Brighton Pier. Accommodation Ground floor: Shower room/wc First floor: Two rooms, kitchen
Lease Held on a lease for a term of 125 years from 25/3/2003 at a ground rent of £100 per annum (rising) Note Six week completion on this lot
Viewing See separate sheet
Lot 32
43 Jamieson House, 4 Edgar Road, Hounslow, Middlesex TW4 5QH Long leasehold eighth floor purpose built flat Investment
Disclosed reserve below £110,000 Location Situated off Hanworth Road via Simpson Road. Public transport includes Whitton and Hounslow railway stations. Shopping amenities are locally. Recreation facilities can be found locally and at the Hounslow Heath Golf Centre. Accommodation Entrance Hall, reception room, bedroom, kitchen, bathroom/wc The property benefits from central heating (not tested)
Tenancy Let on an assured shorthold tenancy for 6 months from 19/10/2009 at a rent of £845 per month (holding over) Lease Held on a lease for a term of 125 years from 18/10/1982 at a ground rent of £10 per annum. Total rent reserved equivalent to £10,140 per annum Note We are advised by the vendor that the tenant is up to date with their rent.
30
www.as-r.co.uk
REF: DS
Lot 33
REF: DS
19 Waterside Road, Southall, Middlesex UB2 4RA Long leasehold second floor purpose built flat Investment
Disclosed reserve below £100,000 Location Situated off Hillary Road. Public transport includes Southall railway station. Shopping amenities are at The Broadway. Recreation facilities can be found at Glade Lane Canalside Park. Accommodation Hall, two rooms, kitchen, bathroom/wc Tenancy Let on an assured shorthold tenancy for 6 months from 1/9/2012 at a rent of £750 per month (holding over) Lease Held on a lease for a term 130 years from 1/1/1981 at a ground rent of £10 per annum. Total rent reserved equivalent to £9,000 per annum Note We are advised by the vendor that the tenant is upto date with their rent.
Lot 34 - Withdrawn
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Lot 35
Pleasurewood Hills Theme Park, Leisure Way, Lowestoft, Suffolk NR32 5DZ Freehold (part leasehold) Amusement Park Investment Opportunity (Freehold reversion in 12 years) Net Rent Reserved £65,030 per annum
Location Situated within the popular seaside town of Lowestoft which lies approximately 9 miles south of Great Yarmouth and thirty miles east of Norwich. The surrounding area is a popular holiday destination and includes several holiday parks, Hotels, Golf Courses and other family friendly leisure facilities. The Norfolk Broads are approximately 10 miles to the north. Description Created in 1983 the theme park now sits on a 24 Hectare (59 acres) site. It has been significantly improved and extended over the years and has benefited from significant investment. It currently comprises thirty rides including 3 roller coasters and two water rides attracting approximately 220,000 visitors per year. Tenancy The entire site is let to Pleasurewood Hills Ltd on a 25 year lease from 12/06/2000 at a current rent of £139,670.90 per annum (£74,640 of which is payable to Waveney District Council under the 99 year lease detailed below). Rent reviews are on the 1st February every year and are linked to the retail price index. Pleasurewood Hills Ltd is part of HIG Group, a leading global private equity investment firm with more than £6bn of equity capital under management. In the 8 months to 30/09/2012 Pleasurewood Hills Ltd reported a turnover of £2,431,667 with pre-tax profit of £67,222 and net assets of £1,920,565. Total rent reserved £65,030 per annum
Lease Part of the site is held on a long lease from Waveney District Council for a term of 99 years from 02/11/1980 at a current rent of £74,640 per annum, rent reviews are every 7 years.
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REF: JML
Lot 36
REF: JML
Dryden Court, Renfrew Road, Kennington SE11 4NH Long leasehold mixed use investment opportunity arranged as three office units, 1 retail unit (vacant), 4 garages and a secure underground car park for 26 cars. Part vacant investment (potential for development and to increase the income)
Location Situated within a predominantly residential area off Kennington Lane. Public transport includes Kennington and Elephant and Castle (Northern and Bakerloo Line) stations. Shopping amenities are on Kennington Lane, Elephant and Castle is within walking distance providing numerous shops bars and restaurants. Description Formerly the ground floor retail element of a large residential block centered around a rectangular courtyard. Many of the shops have now been converted in to flats and sold on long leases, the remaining units are let as offices except unit 16 which is pending a planning appeal for conversion to residential. Four garages are rented out (two are double units) and the 26 spaces within the underground car park are let on quarterly agreements. The flats and garages which have been sold off produce a ground rent income as detailed in the schedule. Description
Accommodation
Tenancy
Rent per annum
Unit 1
Self contained corner unit used as offices/storage, approximate net internal area 73.3 sq m (788 sq ft)
Let on a monthly tenancy agreement to EP £7,200 Consult Energies Ltd
Unit 2
Self contained, open plan offices of approximately 226 sq m (2,431 sq ft)
The existing tenants (Paroxite Ltd) are in the process of agreeing a new 5 year lease refer to the legal pack for further information.
£29,200
Unit 15
Self contained unit used as offices, approximate net internal area 61.3 sq m (659 sq ft)
Let to Richard Fletcher (Accountancy practice) on a rolling monthly tenancy
£9,600
Unit 16
Self contained retail unit with the following approximate areas: Shop frontage: 6.8m, Shop depth: 9.6m, sales area: 65 sq m (700 sq ft).
Vacant - Planning permission was refused NA for conversion to residential - this decision is currently pending an appeal - refer to the auctioneers for further information
Car par
Secure underground car park with 26 spaces
Each space is let on a quartely licence agreement at a rental of £150 per quarter
£15,600
Garages 2,3,7&9
Four garages, numbers 2 and 9 are double units
Each garage is let on a quarterly licence agreement at rents ranging from £250 to £400 per quarter.
£5,400
20 Flats
All sold off on long leases, for further details refer to the legal pack
Ground rents ranging from £100 to £200 per annum
£2,150
10 garages
All sold off on long leases, for further details refer to the legal pack
Ground rents ranging from £10 to £20 per annum
£130
Lease Held on a 999 year lease from 26/10/1998 at a peppercorn ground rent. EPC available on our website
Total rent reserved £69,280 per annum with vacant possession of unit 16
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Lot 37
REF: JML
Unit A2 The Picture House, Cheapside, Reading, Berkshire RG1 7AJ Long leasehold ground floor retail unit Investment
BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS Location Reading is situated approximately 44 miles east of Central London and 18 miles north of Basingstoke. Public transport includes Reading railway station which has a direct link to London Paddington with a journey time of approximately 30 minutes. Junction 11 of the M4 Motorway is four miles to the south. The property is located close to the main pedestrianised shopping area of Oxford Road/Broad Street. Other nearby occupiers unclude Primark, Argos and TK Max. Accommodation A ground floor retail unit comprising a reception area and three consulting rooms, with the following approximate dimensions: Shop Frontage: 8.3 m. Shop Depth: 10.9 m. Rear offices, kitchen, wc. Total Area: 85.22 sq m (916 sq ft). Tenancy The shop is occupied by Amplifon Ltd by way of a sub-lease for a term of 9 years from 01/08/2006 at a rent of £21,000 per annum. There was a rent review on the 1st August 2012. Amplifon Ltd are trading from 136 stores across the country, the filed 2010 accounts show a turnover of £32.9m and a pre-tax profit of £5,97m (Sourced from Experian).
Lease The property is held on a 125 year lease commencing 01/09/2002 at a rental of £200 per annum (rising). EPC available on our website
REF: JML
123 London Road, Knebworth, Hertfordshire SG3 6EX Long leasehold ground floor retail unit Investment
Location Knebwoth is a popular commuter town located approximately 40 miles north of central London. The property is situated on the east side of London Road between St. Martins Road and Watton Road and is within a busy mixed use parade of local shops servicing a broadly residential catchment area. Other nearby occupiers include Barclays Bank, Cooperative Supermarket, Lloyds Pharmacy and William Hill. Further trade may be gained from passing vehicular traffic and pedestrian footfall going to and from nearby Knebworth railway station.
Tenancy Let to Putterills Estate Agents on a 14 year lease from 28/03/2008 at a rent of £20,000 per annum - the sellers are in the process of agreeing a 5 year extension of the occupational lease - refer to the legal pack for further information. Lease To be sold on a new lease for a term of 125 years from 25/03/2008 and expiring on 24/03/2133 at a ground rent of £400 per annum. Total rent reserved £20,000 per annum
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Telephone 0208 650 5634
Total rent reserved £21,000 per annum
Lot 38
Accommodation Approximate Dimensions Retail area 76.35 sq.m (821.76 sq.ft), office 1. 9.63 sq.m (103.64 sq. ft), office 2. 5.80 sq.m (62.4 sq.ft), kitchen, storage room.
Joint Agents
Note Vat is applicable EPC available on our website
Lot 39
REF: JML
442 Becontree Avenue, Dagenham, Essex RM8 3UB Freehold three floor terraced building arranged as a shop (Let) with two self-contained flats above (vacant) and a single storey outbuilding (let). Part vacant possession
Location Situated close to the junction with Valence Avenue within a busy mixed use parade of local shops servicing a predominantly residential catchment area. Other nearby occupiers include a convenience store, a launderette and a take away restaurant. Public transport includes Chadwell Heath railway station. Accommodation/tenancies (Approximate dimensions) Unit
Floor
Accommodation
Tenancy
Rent per annum
Shop
Ground
Gross internal area 56.45 sq.m (608 sq.ft).
Let to Dees Afro Caribbean Food Centre on a 16 year FR&I lease from 13/07/2012 with rent reviews every four years.
£8,400
Out Building
Ground
Gross internal area 85 sq.m (915 sq.ft).
Let to Paster Christian £9,000 Smith care of Mountain of Fire & Miracles Ministries on a 3 year FR&I licence from 01/04/2013.
442A
First
Open plan kitchen/reception room, bedroom, bathroom/wc.
Vacant
N/A
442B
Second
Open plan kitchen/reception room, bedroom, bathroom/wc.
Vacant
N/A
Planning Planning permission was granted on 2/02/2013 for a new shopfront to include a new entrance door (from Becontree Avenue) serving the upper floor flats. Total rent reserved £17,400 per annum (with vacant possession of two selfcontained flats) Note We are advised that each flat was previously let on an assured shorthold tenancy at a rent of £7,920 per annum which would have produced a total rental of £33,240 per annum.
Viewing See separate sheet
Lot 40
REF: JML
119 Consort Road, Peckham SE15 3RU Freehold corner property comprising a ground floor restaurant (let) with four self contained flats above (sold on long leases) Investment
Location Situated in a prominent corner position at the junction with Sturdy Road within a popular residential area next to Consort Park. Public transport includes Peckham Rye and Queens Road (Peckham) railway stations. Local shopping amenities are on Rye Lane. Unit
Accommodation
Lease
Rent
Ground floor and basement restaurant
Ground floor: 46.48 sq m (500 sq ft) Basement: 24.3 sq m (261 sq ft) Cold store: 3.7 x 2.9m Store room: 2.7 x 3.1m Kitchen: 3.9 x 3.8m
Let on a 15 year lease to John Gionleka commencing 24/04/2007 with 5 yearly rent reviews
£11,000 per annum
Flats 1,3,5 & 7 Four self contained flats All sold on long leases for a term of 125 years from 2007 at a ground rent of £200 per annum each
£1200 per annum
Total rent reserved £12,200 per annum Energy Performance Certificate Available on our website
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Lot 41
REF: DS
28 Nunhead Green, Nunhead SE15 3QF Freehold three floor terraced building arranged as a ground floor shop and two self-contained flats above (Shop and one flat let, one flat vacant) Part vacant possession
Location Situated close to the junction of Cheam Street on a busy parade of local shops servicing a high density residential catchment area. Other nearby occupiers include a conveniance store, a take away restaurant, and several other local traders. Public transport includes Nunhead railway station. Recreation facilities can be found at Peckham Rye Park.
Accommodation/tenancies (Approximate dimensions) Unit
Accommodation
Tenant
Second floor flat
Two bedrooms, reception room, kitchen, bathroom/wc
Let on an Assured Shorthold tenancy for 6 months from 17/7/2013 at a rent of £830 per month
First floor flat
Two bedrooms, reception room, kitchen, bathroom/wc, roof terrace
The property benefits from double glazing and central heating (not tested)
Tenancy
Rent Per Annum £9,960
Vacant
The property benefits from double glazing and central heating (not tested) Ground floor shop
Customer area 25 sq.m (268 sq.ft), Kitchen (1)- 11 sq.m (120 sq.ft), Kitchen (2)- 13 sq.m (143 sq.ft), Large cellar storage 35 sq.m (377 sq.ft), rear patio garden.
Let to A. Francis t/a Bajan Spice
Let on a 12 year lease from 2/8/2004 with rent reviews every 4 years
£15,000
Gross approximate internal area 84 sq.m (904 sq.ft)
Total rent reserved £24,960 per annum together with vacant possession of the first floor self contained flat Viewing See separate sheet Energy Performance Certificate Available on our website
Lot 42
626b Old Kent Road, Peckham SE15 1JB Long leasehold ground floor lock up shop Investment
Disclosed reserve below £85,000 Location Situated opposite the junction with Sandgate Street. Public transport includes Queens Road (Peckham) railway station. Shopping amenities are at the Old Kent Road. Recreation facilities can be found at Burgess Park. Accommodation Approximate Dimensions Shop Width 3.11m (10.17') Shop Depth 7.09m max (23.18') Shop area 21.24 sq.m (228.67 sq.ft)
Tenancy Let to Mr Hakeem t/a an Internet Cafe on a lease for a term of 25 years from 17/6/2011 at a rent of £700 per month. Rent reviews every 3 years. Lease Held on a lease for a term of 99 years from 16/11/2000 at a ground rent of £100 per annum. Total rent reserved £8,400 per annum Energy Performance Certificate Available on our website
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REF: DS
Lot 43
REF: DS
Garage Workshop r/o 45 Ranelagh Road, Harlesden NW10 4UR Freehold single storey garage workshop Investment
Location Situated between Station Road and Avenue Road. Public transport includes Harlesden railway and underground and Willesden underground stations. Shopping amenities are at the High Street. Recreation facilities can be found at Wormwood Scrubs Park. Description A single storey garage workshop with frontage onto a yard which has access adjacent to number 45 Ranelagh Road. Tenancy Let to Mr J. Henry on a lease for 6 months from 25/2/2009 at a rent of £500 per month (holding over). Total rent reserved equivalent to £6,000 per annum Note It is claimed that the garage workshop has the benefit of pedestrian and vehicular right of way over the adjoining yard leading to Ranelagh Road. A statutory declaration was made on the 22/4/2008, to support this claim, copies of which are available for inspection from the auctioneers.
Lot 44
REF: JML
Marlborough House, 32-36 Hazelwood Road, Northampton, Northamptonshire 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 ) Unoccupied
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 and between St. Giles' Street and Derngate. Other nearby occupiers includes a firm of solicitors and a recruitment agency. Public transport includes Northampton railway station. Accommodation Approximate Dimensions
Total rent reserved £21,755 per annum with unoccupied basement office.
Unit
Accommodation
Tenant
Tenancy
Flat 1-12
Sold on 12 long leases each for a term of 999 years from 2006 at a ground rent of £180 per annum
£2,160
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)
Unoccupied
Let on a 25 year lease from 08/08/1989
Rent Per Annum
Energy Performance Certificate Available on our website Note 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
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Lot 45
REF: MA
100 Dunton Road, Southwark SE1 5UN Freehold three floor end of terrace building with planning permission for the development/change of use to two selfcontained flats and one shop Full vacant possession
Location Situated at the junction with Marcia Road. Public transport includes Elephant & Castle underground (bakerloo line and Northern Line) station. Shopping amenities are local. Recreation facilities can be found at Burgess Park. Accommodation Second floor: Two rooms First floor: Two rooms, kitchen, bathroom/wc Ground Floor: One room Outside: Rear patio garden Lock up shop: Gross approximate internal area 37.48 sq.m (403.43 sq.ft)
Planning Planning permssion was granted by The London Borough of Souhwark on the 20/02/2012 (ref: 12/AP/1145) for the conversion and extension of the building for the creation of 1 x 1 bedroom flat and 1 x 2 bedroom flat together with ground floor shop to comprise the following Flat A Two bedrooms, reception room, kitchen, bathroom/wc Flat B Reception room, kitchen, bathroom/wc Ground floor Retail area, store room, separate wc Note Copies of the plans and planning permission are available for inspection from the auctioneers.
Viewing See separate sheet Energy Performance Certificate Available on our website
Lot 46
113-113a Queens Road, Croydon, Surrey CR0 2PT Freehold detached three floor house (let) together with a substantial single storey office/storage building and yard (vacant). Development potential (subject to consent) Full vacant possession
Location Situated between Saint Saviour's Road and Englefield Close within an established residential area. Public transport includes West Croydon railway station. Shopping amenities are at Windmill Road. Recreational facilities can be found at Wilford Road Recreation Ground. Accommodation 113 - Detached house First floor: Three rooms, kitchen, bathroom/WC Ground floor: Two rooms, kitchen, bathroom/WC Basement: Two rooms, kitchen, bathroom/WC 113a Comprising a single storey commercial building with a rear garage / workshop. Previously used as a trade counter / showroom. Approximate site area 464.5 sq m (5,000 sq ft).
Planning It is considered that there may be potential for a change of use or redevelopment of the site, subject to the necessary consents. Interested parties must rely on their own enquiries in this regards to the London Borough of Croydon planning department telephone 020 8726 6800. Viewing See separate sheet Energy Performance Certificate Rating D
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www.as-r.co.uk
REF: JML
Lot 47
REF: DS
The Old Harrington Bakery, 8-10 Bridge Street, Leatherhead, Surrey KT22 8BZ Substantial freehold two floor corner building of approximately 583.43 sq.m (6,280sq.ft) with a planning application submitted for the conversion of the existing building into eight self contained flat and one commercial unit. Development opportunity (subject to consents) Full vacant possession
Location Leatherhead is a popular commuter town with easy access to central London via the M25 and London Victoria Station. The property is situated between Guildford Road and North Street and is set within a busy parade of local shops servicing a broadly residential catchment area. Public transport includes nearby Leatherhead railway station. Shopping amenities are local. Recreation facilities are found at Fortyfoot Recreation Ground. Planning A planning application has been submitted to Mole Valley District Council for the redevelopment of the existing building to comprise the following: 7 x 1 Bedroom, reception room, kitchen, bathroom/wc self contained flats 1 x 2 Bedrooms, reception room, kitchen, bathroom/wc self contained flat Ground floor retail unit to the front. Total current floor area is approximately 583.43 sq.m (6,280 sq.ft) Note Copies of the plans and planning application are available for inspection from the auctioneers.
Viewing Telephone Auctioneers: 020 7703 4401 Energy Performance Certificate Available on our website
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Lot 48
167 Camberwell Road, Camberwell SE5 0HB Freehold five floor terraced building arranged as ground floor single storey shop and residential upper parts with planning permission for the development of three selfcontained flats and a single storey office (class A2) Development opportunity Full vacant possession
In the same ownership for over 24 years Location Situated between Addington Square and New Church Road on a busy parade of local shops servicing a high density residential catchment area. Public transport includes Oval underground (Northern Line) station. Shopping amenities are local, Recreation facilities can be found at Burgess Park. Accommodation Third floor: Two rooms Second floor: One room, two bathrooms/wc's First floor: Two rooms Raised ground floor: One room, kitchen Garden floor: Cafe customer area, kitchen, office, storage room Outside: Rear garden Planning Planning permission was granted by The London Borough of Southwark on the 29/08/2013 (ref: 12/AP/1390) for the development/change of use of the ground floor shop to business use (Class A2) and the re configuration of the building to comprise the following: Thrid/second floor: Flat 3- Reception room, kitchen, bedroom, bathroom/wc First/ground floor: Flat 2- Two bedrooms, kitchen/reception room, bathroom/wc, roof terrece Garden floor: Flat 1- Two bedrooms, kitchen/reception room, bathroom/wc, utility room, rear garden Ground floor: Single storey office (class A2) gross approximate internal area 21.6 sq.m (232 sq.ft) Copies of the plans and planning permission are avaliable for inspection from the auctioneers Viewing See separate sheet Energy Performance Certificate Available on our website
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www.as-r.co.uk
REF: MA
Lot 49
REF: DS
8 Montague Road, Croydon, Surrey CR0 3SS Freehold detached building with planning permission for the demolition of the existing building and the erection of a four floor building to comprise seven self-contained flats Development Opportunity Full vacant possession
Location Situated between Handcroft Road and London Road. Public transport includes West Croydon Railway and Tramlink Stations. Shopping amenities are at The Whitgift and Centrale Shopping Centres. Recreation facilities can be found at Wandle Park. Planning Planning permission has been granted by the London Borough of Croydon on the 24/9/2012 (Ref: 12/01649/P) for the demolition of the existing building; erection of a four floor building tocomprise seven self-contained flats as follows: Lower ground floor self-contained flat (7): Two bedrooms. Open plan reception room/kitchen, bathroom/wc. Ground floor self-contained flat (1): Three bedrooms, one with en-suite bathroom/wc, open plan reception room / kitchen, bathroom/wc. First floor self-contained Flat (2): Open plan reception room/kitchen, bedroom, bathroom/wc, roof terrace. First floor self-contained flat (3): Open plan reception room/kitchen, bedroom, bathroom/wc, roof terrace. Second floor self-contained flat (4): Open plan reception room /kitchen, bedroom, bathroom/wc. Second floor self-contained flat (5): Open plan reception room/kitchen, bedroom, bathroom/wc. Second floor self-contained flat (6): Two bedrooms, one with en-suite bathroom/wc, open plan reception room/kitchen, bathroom/wc, roof terrace. Outside: Rear garden. Bicycle storage. 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 50
REF: DS
Advertising Hoarding, 253-255 Brixton Road, Brixton SW9 6LH Freehold advertising hoarding Investment
Location Situated to the east side of the road in a prominent position at the junction with Burton Place. Brixton Road (A23) is a busy A road running from the Kennington Oval to the north and Brixton town centre to the south and will benefit from a significant flow of passing traffic. Tenancy The hoarding is currently let to Clear Channel UK Limited on a licence for a term of 5 years from 21/2/2013 at a rent of £3,000 per annum. Total rent reserved £3,000 per annum
Lot 51 - Withdrawn
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Offices in Chelsea, Wimbledon and Camberwell
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Professional Property People
Lot 52
REF: JML
149-156 Snargate Street, Dover, Kent CT17 9BZ Freehold site with planning permission for the erection of a terrace of 9 x 3 bedroom three floor houses Development opportunity Full vacant possession
BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS Location The historic port town of Dover is located approximately 77 mile south east of central London and benefits from easy access via the M25 and M20. The site is located on the north side of Snargate Street between Archcliffe Road and Townwall Street. Public transport includes Dover Priory railway station. Shopping amenities are in the nearby town centre. Recreation facilities can be found along the marina and sea front. Description Formerly a hotel the site has now been cleared for development. Approximate site area: 0.11 hectares (0.28 acres) Planning Planning permission was granted by Dover District Council on the 13/08/2013 (ref: 13/00478) for the construction of 9 x 3 bedroom houses each to comprise the following: Second floor: Bedroom, study, bathroom/wc First floor: Bedroom, reception room Ground floor: Kitchen/breakfast room, bedroom Outside: Rear garden Note Copies of the plans and planning permission are available for inspection from the auctioneers.
Viewing Open site
Joint Agents
Telephone 0208 650 5634
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Lot 53
REF: JML
20 Avenue Road, Tottenham N15 5JH Freehold three floor linked semi-detached house arranged as 9 letting units. Full vacant possession
Location Situated between St. Ann's Road and West Green Road. Public transport includes Seven Sisters underground (Victoria Line) and railway station. Local shopping amenities are at The High Road and Wood Green Shopping Centre. Recreation facilities can be found at Downhills Park. Accommodation Second floor: Flat 9 comprises a Studio room, shower room/wc. Communal kitchen First floor: Flats 3-8- Each comprise a studio room, shower room/wc. Ground floor: Flats 1 and 2 -Each comprise a studio room/wc. Communal kitchen. Outside: Flats 3, 4 and 5 have direct access to rear garden Note The property has been issued with an HMO License by the local authority subject to the completion of some outstanding works to comply with a previous enforcement notice - interested parties should refer to the legal pack for further information.
Viewing See separate sheet
Lot 54
27 Fiske Court, Lansdowne Road, Tottenham N17 0NR Long leasehold second floor purpose built flat Investment
Disclosed reserve below £140,000 Location Situated at the junction with St. Paul's Road. Public transport includes Northumberland Park railway station. Shopping amenities are at the High Road. Recreation facailities can be found at Hartington Park and also within close proximity to Tottenham Hotspur Football ground. Accommodation Three rooms, kitchen, bathroom/wc Tenancy Let to Genesis Housing Association from 2004 at a rent of £797.33 per month. Renewal date 8/3/2014 and at renewal the rent will be £1,020 per month. Lease Held on a lease for a term of 125 years from September 1989 at a ground rent of £10 per annum. Total rent reserved £9,568 per annum
44
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REF: DS
Lot 55
REF: DS
Boston House, 117-119 Folkestone Road, Dover, Kent CT17 9SD Freehold four floor detached building arranged as eight self contained flats Investment
Location Situated at the junction with Malvern Road. Public transport includes Dover Priory railway station. Shopping amenities are at Castle and King Streets. Recreation facilities can be found at Pencester Gardens.
Accommodation/tenancies Flat
Floor
Accommodation
Tenancy
Effective Date
Rent
1
Lower ground
Reception room, bedroom, kitchenette, bathroom/wc
Six month AST
16/7/2012 (Holding over)
£400 per month
2
Lower ground
Two bedrooms, reception room, kitchen, bathroom/wc
Six month AST
15/3/2010 (Holding over)
£400 per month
3
Raised ground
Reception room, bedroom, kitchen, bathroom/wc
Six month AST
16/9/2012 (Holding over)
£400 per month
4
Raised ground
Reception room, bedroom, kitchenette, bathroom/wc
Six month AST
14/9/2012 (Holding over)
£350 per month
5
First
Reception room, bedroom, kitchen, bathroom/wc
Six month AST
13/11/2012 (Holding over)
£400 per month
6
First
Reception room, bedroom, kitchenette, bathroom/wc
Six month AST
13/11/2012 (Holding over)
£400 per month
7
Second
Reception room, bedroom, kitchenette, bathroom/wc
Six month AST
14/12/2012 (Holding over)
£370 per month
8
Second
Reception room, bedroom, kitchenette, bathroom/wc
Six month AST
9/9/2012 (Holding over)
£350 per month
Outside: Front and rear gardens, rear off street parking for two to three cars. Total rent reserved equivalent to £36,840 per annum Note 1 It is considered that the rents are below the current market rate, and that there is potential to increase the rents. Prospective purchasers must rely on their own enquiries in this regard. Note 2 Copies of the gas, electricity and building regulations certificates are available for inspection in the legal pack from the auctioneers.
Viewing Telephone auctioneers 020 7703 4401
Joint Agents Homes in Kent Lovelace House, Wissenden Lane, Bethersden, Ashford, Kent TN26 3AJ Tel: 01233 820 273
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Lot 56
REF: JML
4 Effingham Street, Ramsgate, Kent CT11 9AT Freehold two floor terraced building arranged as three selfcontained flats (see note*) Part vacant possession (development potential subject to consents)
THE VENDOR RESERVES THE RIGHT TO OFFER LOTS 56 & 57 SEPARATELY OR TOGETHER AS ONE LOT BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS Location Situated in a central location just to the north of the Marina. Public transport includes Ramsgate railway station. There are numerous shopping amenities within walking distance including the high street. Recreation facilities can be found along the sea front. Unit Floor
Accommodation
Tenancy
Rent per annum
Flat 3
First floor
Open plan kitchen/reception room, bedroom, bathroom/wc
Let on an assured shorthold tenancy terms to be confirmed
£3,360
Flat 2
First floor
Two bedrooms, reception Vacant room, kitchen, bathroom/wc
NA
Flat 1
Ground
Unlawfully converted into two 1 x 1 bed flat and 1 x studio flat
NA
Vacant
Joint Agents
There is a rear yard which extends behind the adjoining property plus a large concrete store which extends to the rear of number 10 Effingham Street - Lot 57. Viewing See separate sheet
Lot 57
10 Effingham Street, Ramsgate, Kent CT11 9AT Freehold four floor Grade II listed, terraced house Full vacant possession
THE VENDOR RESERVES THE RIGHT TO OFFER LOTS 56 & 57 SEPARATELY OR TOGETHER AS ONE LOT BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS Location Situated in a central location just to the north of the Marina. Public transport includes Ramsgate railway station which has a journey time to London's Cannon Street of approximately two hours. There are numerous shopping amenities within walking distance including the high street. Recreation facilities can be found along the sea front. Accommodation Second floor: Bedroom, en-suite bathroom/wc First floor: Bedroom Ground floor: Reception room Half landing: wc Lower ground floor: Kitchen, shower room/wc, separate wc. Viewing See separate sheet (take particular care)
Joint Agents
Telephone 0208 650 5634
46
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Telephone 0208 650 5634
Note * The ground floor flat has been converted unlawfully into two self contained flats. Refer to the legal pack for further information.
REF: JML
Lot 58
REF: JML
149 Ramsgate Road, Margate CT9 4EY Freehold two floor end of terrace house Development potential Investment
BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS Location Margate is located approximately 75 miles south east of London and benefits from excellent commuter routes via London St Pancras railway station and the A2. The property is situated close to the junction with Nash Court Road. Public transport includes Margate railway station. Shopping amenities are local. Recreation facilities can be found at Tivoli Park and Margate beach front. Accommodation First floor: Four bedrooms, bathroom/wc Ground floor: Reception room, dinning room, kitchen, shower room/wc Outside: Large garden Planning It is considered that the garden may be suitable for development subject to the necessary consents. Interested parties must rely on their own enquires to the Thanet District Council planning department in this regard. Telephone 01843 577 000
Joint Agents
Telephone 0208 650 5634
Tenancy Let on an assured shorthold tenancy for 12 months from 21/09/2012 at a rent of £1,625 per month which reduces to £100 per month for July and August. Total rent reserved £17,250 per annum. Viewing See separate sheet
Lot 59
REF: JML
3a Victoria Parade, Ramsgate, Kent CT11 8DE Long leasehold lower ground floor self-contained flat. Full vacant possession
BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS Location Situated on the sea front to the east of the town close to the junction with Augusta Road. Public transport includes Ramsgate railway station. Shopping amenities are in the town centre. Recreation facilities can be found along the sea front. Accommodation Two bedrooms, reception room, kitchen (fittings removed) dining room, bathroom/wc, shower room/wc. Lease Held on a lease for a term of 99 years from 04/08/1978 at a ground rent of £20 per annum Viewing See separate sheet
Joint Agents
Telephone 0208 650 5634
47
Lot 60
REF: JML
Flat 20 Halyards Court, 12 Western Road, Romford, Essex RM1 3GL Long leasehold fifth floor purpose built flat Investment
BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS Location Situated between Mercury Gardens and Chandlers Way. Public transport includes Romford railway station. Shopping amenities are at Mercury Gardens. Recreation facilities can be found at Coronation Gardens. Accommodation Two bedrooms, reception room/kitchen, bathroom/wc The property benefits from an allocated secure underground parking space.
Tenancy Let on an assured shorthold tenancy for 12 months from 19/06/2010 (holding over) at a rent of £900 per month (holding over). Lease Held on a lease for a term of 125 years from 01/01/2006 at a ground rent to be advised Total rent reserved equivalent to £10,800 per annum Viewing See separate sheet
Joint Agents
Telephone 0208 650 5634
Lot 61
REF: DS
Flat 2 Western Court, Chandlers Way, Romford, Essex RM1 3JR Long leasehold ground floor purpose built flat Investment
Disclosed reserve below £120,000 Location Situated between Eastern Road and Western Road. Public transport includes Romford railway station which is approximately 2 minutes away. Shopping amenities are at South Street. Recreation facilities can be found at Lodge Farm Park. Accommodation Entrance hall, three rooms, kitchen, bathroom/wc Outside: Allocated parking space The property benefits from central heating (not tested) and new double glazing
Tenancy Let on a renewed Assured Shorthold tenancy for 12 months from 24/5/2013 at a rent of £825 per month Lease Held on a lease for a term of 99 years from 1/7/2002 at a ground rent of £200 per annum. Total rent reserved £9,900 per annum
48
www.as-r.co.uk
Note 1 The property has been recently renovated throughout, and we are advised by the vendor that the tenant is upto date with their rent.
Lot 62
REF: DS
43 Enterprise House, Curzon Crescent, Barking, Essex IG11 0JZ Long leasehold sixth floor purpose built flat Investment
Disclosed Reserve below £100,000 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 2 years from 6/3/2013 at a rent of £183 per week Lease Held on a lease for a term of 125 years from 20/11/2006 at a ground rent of £10 per annum Total rent reserved £9,620 per annum Note 1 We are advised by the vendor that the tenant is upto date with their rent. Note 2 We are advised by the vendor the that the rent at renewal would be approximately £215 per week (£11,180 p.a.) Prospective purchasers must rely on their own enquiries in this regard.
Lot 63
REF: DS
38c Selborne Road, Ilford, Essex IG1 3AJ Leasehold first floor self contained flat Investment
Location Situated between York Road and Northbrook Road. Public transport includes Ilford railway station. Shopping amenities are at High Road. Recreation facilities can be found at Valentines Park. Accommodation Two bedrooms, one with en-suite bathroom/wc, reception room, kitchen/diner, family bathroom/wc The property benefits from central heating (not tested) and double glazing
Tenancy Let on an Assured Shorthold tenancy for 12 months from 15/10/2010 at a rent of £750 per month (holding over) Lease Held on a lease for a term of 99 years from 1981 at a ground rent of £40 per annum Total rent reserved equivalent to £9,000 per annum
49
Lot 64
REF: DS
4a Earls Hall Parade, Prince Avenue, Southend-on-Sea, Essex SS2 6NW Long leasehold first floor purpose built flat Investment
Disclosed reserve below £75,000 Location Situated at the junction with Victoria Avenue. Public transport includes Prittlewell and Southend Airport railway stations. Shopping amenities are locally. Recreation facilities can be found at Priory Park. Accommodation Two rooms, kitchen, bathroom Tenancy Let on an Assured Shorthold tenancy from 2001 at a rent of £525 per month (holding over) Lease Held on a lease for a term of 99 years from 25/3/2013 at a ground rent of £50 per annum. Total rent reserved equivalent to £6,300 per annum Note Service charges including buildings insurance are £180 per annum. Note 1 We are advised by the vendor that the tenant is upto date with their rent and there are no service charge arrears. Note 2 We are advised that there are no foreseeable major works. Prospective purchasers must rely on their own enquiries in this regard.
Lot 65
24 North Street, New Bradwell, Milton Keynes, Buckinghamshire MK13 0ED Freehold two floor terraced house Unoccupied
Location Milton Keynes is a popular commuter town giving easy access to London via the M1 as well as direct train links to London Euston railway station with a journey time of approximately 35 minutes. The property is located between Thompson Street and Bradwell Road. Public transport includes Wolverton railway station. Shopping amenities are local with larger department stores located in nearby Midsummer Place shopping centre. Recreation facilities can be found at Ouse Valley Park and the surrounding countryside. Accommodation First floor: Three bedrooms, bathroom/wc Ground floor: Reception room, dining room, kitchen, cellar Outside: Front and rear garden Viewing Telephone auctioneers 020 7703 4401
50
www.as-r.co.uk
REF: JML
Lot 66
REF: JML
62 Kirkwood Grove, Medbourne, Milton Keynes, Buckinghamshire MK5 6FP Long leasehold first and second floor purpose built masionette Investment
Location Milton Keynes is a popular commuter town giving easy access to London via the M1 as well as direct train links to London Euston railway station with a journey time of approximately 35 minutes. The property is located between Flamstead Gate and Tattenhoe Street with access off Vernier Crescent. Shopping amenities are local with larger department stores located in nearby Midsummer Place shopping centre. Recreation facilities can be found at Shenley Wood and the surrounding countryside. Accommodation Second floor: Two bedrooms, en-suite shower room/wc, bathroom/wc First floor: Reception room, kitchen/dining room
Tenancy Let on an assured shorthold tenancy for 12 months from 19/10/2009 (holding over) at a rent of £695 per month Lease Held on a lease for a term of 125 years from 01/01/2003 at a ground rent of £125 per annum Total rent reserved equivalent to £8,340 per annum
Lot 67
REF: JML
71 Harpur Street, Bedford, Bedfordshire MK40 2SR Freehold three floor terraced building arranged as a ground floor shop (let) with three self-contained flats above (unoccupied) Part occupied
Location Bedord is a a popular commuter town located approximately 55 miles north of central London with easy access via the M1. The property is located with in a busy parade of local shops servicing a broadly residential catchment area. Other nearby occupiers include a firm of solicitors, a restaurant and several other local traders. Public transport includes Bedford railway station. Recreation facilities can be found at Bedford Park. Accommodation/tenancies Unit Floor
Accommodation
Tenancy
71c
Second / Attic floor
Open plan kitchen / reception room, two bedrooms, bathroom/wc
Unoccupied
71b
First
Studio room / kitchen, bathroom/wc
Unoccupied
71a
First
Studio room / kitchen, bathroom/wc
Unoccupied
71
Ground
Retail area 19.70 sq.m (212 sq.ft), kitchen/staff room, 30.30 sq.m (326 sq.ft), separate wc. Outside: Parking for two cars.
Let to G.C.R.L Limited (trading as Giles Cardwell Estate Agents) on a 10 year lease from 01/08/2005 with rent reviews every 3 years (next review due in July 2014)
Rent per annum
£11,500
The ground floor retail unit has not been inspected by the auctioneers. Areas provided are from the Valuation Office Agency (www.voa.gov.uk) interested parties must rely on their own enquiries in this regard. Total rent reserved £11,500 per annum (with three flats unoccupied) Viewing Telephone aucitoneers 020 7703 4401 Energy Performance Certificate Available on our website
51
Lot 68
REF: JML
204 Wellingborough Road, Rushden, Northamptonshire NN10 9SX Freehold three floor terraced building arranged as a ground floor shop with a self-contained maisonette above, planning permission was granted in 2003 for conversion to residential. Unoccupied
Location Rushden is a busy market town located between Bedford and Kettering approximately 80 miles north of central London with access via the A6. The property is situated within a mixed use parade of local shops servicing a broadly residential catchment area. Other nearby occupiers include a mini market, a book makers and several other local traders. Public transport includes Wellingborough railway station. Shopping amenities are local, recreation facilities are found at Spencer Park. Accommodation Attic floor:Bedroom (restricted height) First floor:Two bedrooms, reception room, kitchen/breakfast room,bathroom/wc Ground floor:Shop sales area 50.52 sq m (544 sq ft) Outside:Rear garden with rear vehicular access Planning Planning permission was granted on 12/12/2003 by East Northamptonshire Council for conversion from A1 (retail) to C3 (dwelling), this consent may have now lapsed
Note The ground floor has not been inspected by the auctioneers, we are advised that the rear has been partially converted to residential, interested parties must rely on their own enquiries in this regard.
Viewing Telephone auctioneers 020 7703 4401 Energy Performance Certificate Available on our website
Lot 69
40 Portland House, 58-60 The Kingsway, Swansea SA1 5HN Long leasehold third floor purpose built student apartment Investment
BY ORDER OF MR N P LONDON AND MR D MASON AS JOINT LPA RECEIVERS Location Situated in the heart of Swansea town centre between Portland Street and Union Street. Public transport includes Swansea railway station. Shopping amenities are local and recreation facilities can be found at Rosehill Quarry Community Park. Accommodation Studio room/kichen, shower room/wc Tenancy Let on a 12 month assured shorthold tenancy from 01/10/2012 at a rent of £500 per month (inclusive). Lease Held on a lease for a term of 999 years from 18/09/2006 at a ground rent of £25 per annum. Total rent reserved £6,000 per annum. Viewing See separate sheet
Joint Agents
Telephone 0208 650 5634
52
www.as-r.co.uk
REF: JML
Lot 70-74
REF: DS
Plots 1, 2, 4, 6 & 7 Station Road, The Willows, Pulborough, West Sussex RH20 1RH Five freehold plots of land Full vacant possession
To be offered as individual lots Disclosed reserve below £3,000 each Location Situated south west of Horsham town centre, off London Road close to the junction Station Road. Public trnasport includes Pulborough railway station. Shopping and recreation amenities can be found locally. Lot
Address
Approx Area
70
Plot 1, Station Road & London Road, Pulborough, West Sussex RH20 1RH
418.06 sq.m (4,500 sq.ft)
71
Plot 2, Station Road & London Road, Pulborough, West Sussex RH20 1RH
418.06 sq.m (4,500 sq.ft)
72
Plot 4, Station Road & London Road, Pulborough, West Sussex RH20 1RH
418.06 sq.m (4,500 sq.ft)
73
Plot 6, Station Road & London Road, Pulborough, West Sussex RH20 1RH
418.06 sq.m (4,500 sq.ft)
74
Plot 7, Station Road & London Road, Pulborough, West Sussex RH20 1RH
418.06 sq.m (4,500 sq.ft)
Description Five rectangular individual plots of land each approximately 418.06 sq.m (4,500 sq.ft) with access off London Road and frontage onto the River Arun. Viewing Open sites
lots 75 & 76 - Withdrawn
53
Residential investments Lots 11, 12, 13, 19, 21, 22, 25, 27, 28, 29, 30, 32, 33, 54, 55, 56, 60, 61, 62, 63, 64, 65, 66, 69, 77-101 are all Residential Investments and provide the opportunity to acquire: Assured shorthold tenancies • Ground rents In the following areas: London Abbey Wood Aldgate Balham Blackheath Brixton Catford Charlton Clapham Croydon Eltham
Herne Hill Lewisham Mitcham New Cross Penge Plumstead Streatham Thamesmead Tottenham West Norwood
Others Barking Burton on Trent Cardiff Dover Hackbridge Hounslow Ilford Margate Milton Keynes Northfleet
Romford Slade Green Southall Southend on Sea Swansea Walsall Wallington
For further Residential Investments see also Lots 11, 12, 13, 19, 21, 22, 25, 27, 28, 29, 30, 32, 33, 54, 55, 56, 60, 61, 62, 63, 64, 65, 66 & 69. 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 77
REF: DS
Clive Court, Babington Road, Streatham SW16 6AL Freehold ground rents secured upon twelve self contained flats Ground rent investment
Valuable reversions of Flats 2,3,10 & 11 in approximately 62 years & Flats 4,9 & 12 in approximately 55 years Flat
Lease Term
Date
Rent Per Annum
1
125 years
29/9/2007
£100
2
99 years
29/9/1976
£60
3
99 years
29/9/1976
£100
4
99 years
25/3/1969
£25
5
99 years
25/12/1991
£50
6
125 years
28/1/2011
£200
7
125 years
24/6/1997
£100
8
125 years
20/8/2013
Peppercorn
9
99 years
25/3/1969
£46.58
10
99 years
29/9/1976
£60
11
99 years
29/9/1976
£60
12
99 years
25/3/1969
£25
Valuable reversions of Flats 2,3,10 & 11 in approximately 62 years & Flats 4,9 & 12 in approximately 55 years Total ground rent payable £826.58 per annum
56
www.as-r.co.uk
Lot 78
REF: DS
143 Larkhall Lane, Clapham SW4 6RG Freehold ground rents secured upon six self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
Flats 1 - 6
125 years
25/3/2012
£300 (rising) each
Total ground rent payable £1,800 per annum (rising)
Lot 79
REF: DS
138 - 140 Weir Road, Balham SW12 0ND Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversion of Flat 140 in approximately 69 years Flat
Lease Term
Date
Rent Per Annum
138
165 years
24/6/1995
£100 (rising)
140
99 years
26/6/1983
£30 (rising)
Valuable reversion of Flat 140 in approximately 69 years Total ground rent payable £130 per annum (rising)
Lot 80
REF: DS
53 - 55 Tynemouth Road, Mitcham, Surrey CR4 2BQ Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversion of flat 53 in approximately 52 years and flat 55 in approximately 73 years Flat
Lease Term
Date
Rent Per Annum
53
99 years
24/6/1961
£10
55
90 years
29/11/1996
£100 (rising)
Valuable reversion of flat 53 in approximately 52 years and flat 55 in approximately 73 years Total ground rent payable £110 per annum (rising)
Lot 81
REF: DS
1 - 2 Melbourne Close, Wallington, Surrey SM6 8SN Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversion of Flat 1 in approximately 76 years and Flat 2 in approximately 74 years Flat
Lease Term
Date
Rent Per Annum
1
99 years
25/12/1990
£100 (rising)
2
99 years
25/12/1988
£100 (rising)
Valuable reversion of Flat 1 in approximately 76 years and Flat 2 in approximately 74 years Total ground rent payable £200 per annum (rising)
57
Lot 82
REF: DS
25 - 25a Longfield Avenue, Wallington, Surrey SM6 7AZ Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversion of Flat 25a in approximately 52 years Flat
Lease Term
Date
Rent Per Annum
25
150 years
1/1/1999
£100 (rising)
25a
99 years
25/12/1966
£12.60
Valuable reversion of Flat 25a in approximately 52 years Total ground rent payable £112.60 per annum (rising)
Lot 83
REF: DS
38 - 40 St. Marks Avenue, Northfleet, Kent DA11 9LW Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversions in approximately 70 years Flat
Lease Term
Date
Rent Per Annum
38
99 years
25/12/1984
£30 (rising)
40
99 years
25/12/1984
£30 (rising)
Valuable reversions in approximately 70 years Total ground rent payable £60 per annum (rising)
Lot 84
REF: DS
335 - 335a Croxted Road, Herne Hill SE24 9DB Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversion of Flat 335a in approximately 63 years Flat
Lease Term
Date
Rent Per Annum
335
159 years
1/1/2006
£100 (rising)
335a
99 years
25/12/1977
£50 (rising)
Valuable reversion of Flat 335a in approximately 63 years Total ground rent payable £150 per annum (rising)
Lot 85
REF: DS
65 Milton Road, Herne Hill SE24 0NW Freehold ground rents secured upon four self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
A
125 years
28/3/2002
£100 (rising)
B
125 years
20/3/2002
£100 (rising)
C
125 years
3/4/2002
£100 (rising)
D
125 years
3/4/2002
£100 (rising)
Total ground rent payable £400 per annum (rising)
58
www.as-r.co.uk
Lot 86
REF: DS
1 - 10 Alexandra Court, Alexandra Road, Burton-on-Trent, Staffordshire DE15 0JF Freehold ground rents secured upon ten self contained flats Ground rent investment
Valuable reversions of Flats 2, 4 - 7, 9 & 10 in approximately 50 years and Flat 1 in approximately 44 years Flat
Lease Term
Date
Rent Per Annum
1
87 years
15/6/1970
£20
2
99 years
15/6/1964
£20
3
189 years
6/4/1964
Peppercorn
4
99 years
16/5/1964
£20
5
99 years
22/6/1964
£20
6
99 years
26/3/1964
£20
7
99 years
24/7/1964
£20
8
189 years
10/6/1984
£110 (rising)
9
99 years
7/4/1964
£20
10
99 years
10/2/1964
£20
Valuable reversions of Flats 2, 4 - 7, 9 & 10 in approximately 50 years and Flat 1 in approximately 44 years Total ground rent payable £270 per annum (rising)
Lot 87
REF: DS
10 - 12 Harden Close, Walsall, West Midlands WS3 1BU Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversion of Flat 12 in approximately 52 years Flat
Lease Term
Date
Rent Per Annum
10
150 years
1/1/2005
£100 (rising)
12
99 years
31/12/1966
£20
Valuable reversion of Flat 12 in approximately 52 years Total ground rent payable £120 per annum (rising)
Lot 88
REF: DS
14 - 16 Harden Close, Walsall, West Midlands WS3 1BU Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversions in approximately 52 years Flat
Lease Term
Date
Rent Per Annum
14
99 years
31/12/1966
£20
16
99 years
31/12/1966
£20
Valuable reversions in approximately 52 years Total ground rent payable £40 per annum
59
Lot 89
REF: DS
26 - 28 Harden Close, Walsall, West Midlands WS3 1BU Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversions in approximately 52 years Flat
Lease Term
Date
Rent Per Annum
26
99 years
31/12/1966
£20
28
99 years
31/12/1966
£20
Valuable reversions in approximately 52 years Total ground rent payable £40 per annum
Lot 90
REF: DS
30, 36 & 38 Harden Close, Walsall, West Midlands WS3 1BU Freehold ground rents secured upon three self contained flats Ground rent investment
Valuable reversions in approximately 52 years Flat
Lease Term
Date
Rent Per Annum
30
99 years
31/12/1966
£20
36
99 years
31/12/1966
£20
38
99 years
31/12/1966
£20
Valuable reversions in approximately 52 years Total ground rent payable £60 per annum
Lot 91
REF: DS
42 - 44 Harden Close, Walsall, West Midlands WS3 1BU Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversion of Flat 44 in approximately 52 years Flat
Lease Term
Date
Rent Per Annum
42
149 years
1/12/2004
£100 (rising)
44
99 years
31/12/1966
£20
Valuable reversion of Flat 44 in approximately 52 years Total ground rent payable £120 per annum (rising)
Lot 92
REF: DS
16 Saltoun Road, Brixton SW2 1EP Freehold ground rents secured upon three self contained flats Ground rent investment
Valuable reversion of 16b & 16c in approximately 71 years Flat
Lease Term
Date
Rent Per Annum
16a
189 years
24/6/1985
Peppercorn
16b
99 years
24/6/1985
£50 (rising)
16c
99 years
24/6/1985
£50 (rising)
Valuable reversion of 16b & 16c in approximately 71 years Total ground rent payable £100 per annum (rising)
60
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Lot 93
REF: DS
249 - 251 & 253 - 255 Brixton Road, Brixton SW9 6LJ Freehold ground rents secured upon twenty self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
Flats 1 - 5, 249
125 years
25/3/2012
£250 each
Flats 1 - 5, 251
125 years
25/3/2012
£250 each
Flats 1 - 5. 253
125 years
25/3/2012
£250 each
Flats 1 - 5, 255
125 years
25/3/2012
£250 each
Total ground rent payable £5,000 per annum
No.'s 249-251
No.'s 253-255
Lot 94
REF: DS
84 Ballater Road, Brixton SW2 5QP Freehold ground rents secured upon three self contained flats Ground rent investment
Valuable reversion of the ground floor flat in approximately 79 years Flat
Lease Term
Date
Rent Per Annum
Ground Floor
99 years
30/6/1993
£100
First Floor
125 years
29/9/2009
£300
Second Floor
125 years
1/1/2013
£300
Total ground rent payable £700 per annum
Lot 95
REF: DS
8 Kildoran Road, Brixton SW2 5JX Freehold ground rents secured upon two self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
Flat 1
125 years
1/1/2013
£350
Flat 2
125 years
1/1/2013
£350
Total ground rent payable £700 per annum
Lot 96
REF: DS
75 Troughton Road, Charlton SE7 7QF Freehold ground rents secured upon two self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
75a
125 years
1/1/2003
£100 (rising)
75b
125 years
1/1/2003
£100 (rising)
Total ground rent payable £200 per annum (rising)
61
Lot 97
REF: DS
29 St. Johns Park, Blackheath SE3 7TD Freehold ground rents secured upon four self contained flats
In the same ownership for over 45 years Valuable reversions of Flats 29a, 29b & 29c in approximately 66 years Flat
Lease Term
Date
Rent Per Annum
29a
99 years
25/12/1980
£25 (doubling in December 2013)
29b
99 years
25/12/1980
£25 (doubling in December 2013)
29c
99 years
25/12/1980
£25 (doubling in December 2013)
29d
160 years
4/1/2010
Peppercorn
Valuable reversions of Flats 29a, 29b & 29c in approximately 66 years Total ground rent payable £75 per annum (rising in December 2013)
Lot 98
REF: DS
38 Alie Street, Aldgate E1 8DA Freehold ground rents secured upon five self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
1
125 years
16/3/2012
£250
2
125 years
16/1/2012
£100
3
125 years
11/11/2011
£100
4
125 years
24/10/2011
£100
5
125 years
25/11/2011
£100
Total ground rent payable £650 per annum
Lot 99
REF: DS
54 High Street, Penge SE20 7HB Freehold ground rents secured upon seven self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
Flats 1 - 7
125 years
1/1/2009
£250 each
Total ground rent payable £1,750 per annum
Lot 100
REF: DS
52b, 52c & 52d Aldborough Road South, Ilford, Essex IG3 8EX Freehold ground rents secured upon three self contained flats Ground rent investment
Valuable reversion of flats C & D in approximately 61 years Flat
Lease Term
Date
Rent Per Annum
B
189 years
25/3/1975
Peppercorn
C
99 years
25/3/1975
£50 (rising)
D
99 years
25/3/1975
£50 (rising)
Valuable reversion of flats C & D in approximately 61 years Total ground rent payable £100 per annum (rising) Note The freeholder insures
62
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Lot 101
REF: DS
28a High Street, Cardiff, South Glamorgan CF10 1PU Head leasehold ground rents secured upon eight self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
1
125 years
22/9/2004
£25 (rising)
2
125 years
22/9/2004
£25 (rising)
3
125 years
22/9/2004
£25 (rising)
4
125 years
22/9/2004
£25 (rising)
5
125 years
22/9/2004
£25 (rising)
6
125 years
22/9/2004
£25 (rising)
7
125 years
22/9/2004
£25 (rising)
8
125 years
22/9/2004
£25 (rising)
Total ground rent payable £200 per annum (rising)
Lease Held on a head lease for a term of 125 years from 22/9/2004 at a peppercorn ground rent
End of sale
Next auction:
29th October 2013 For further information contact: E: auctions@as-r.co.uk
www.as-r.co.uk
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Solicitors List September 05/09/2013 10:20 Page 64
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.
Financial charge A charge to secure a loan or other financial indebtness(not including a rentcharge).
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
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General conditions That part of the sale conditions so headed, including any extra general conditions.
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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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
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 of sale
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
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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.
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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.
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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General conditions of sale
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.
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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.
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
Flat 1, 3 Alexandra Drive Upper Norwood SE19 1AJ Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Mr B. Akodo
Lot 2
Flat 1, 227 Gipsy Road West Norwood SE27 9QY Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Mr B. Akodo
Lot 3
Lot 4
Lot 5
Lot 19
Flat 6 Austin House Achilles Street New Cross SE14 6BB Pitmans LLP 1 Crown Court 66 Cheapside London EC2V 6LR Tel. 0207 634 4620 Ref: Mr D. Cross
Lot 20
Ground Floor Flat 626b Old Kent Road Peckham SE15 1JB Aravindans Solicitors 216A High Street North East Ham E6 2JA Tel. 020 8503 5034 Ref: Mr S. Aravindan
Lot 21
Flat 1, 73 Thornlaw Road West Norwood SE27 0SH Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Mr B. Akodo
223b Lee High Road Lewisham SE13 5PQ Alan Barfields and Co Gainsford House 115 Station Road West Wickham BR4 0PX Ref: Peter Colman
Lot 22
19 Lillieshall Road Clapham SW4 0LN Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Ms R Dale
32a Catford Broadway Catford SE6 4SN Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 23
16 Lillieshall Road Clapham SW4 0LP Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Ms E. Nicolaou
16a Kingswood Road Penge SE20 7BN Quality Soliciotors-Amphlett Lissimore 80- 86 Westow Street Crystal Palace London SE19 3AF Tel. 020 8771 5254 Ref: Mr N Matthews
Lot 24
31 Holburne Road Kidbrooke SE3 8HW Druces LLP Salisbury House London Wall London EC2 5PS Tel. 020 7216 5581 Ref: Mr D. Collinson
Lot 6
42c Westwell Road Streatham SW16 5RT Bond Dickinson LLP One Trinity Broad Chare Newcastle upon Tyne NE1 2HF Tel. 0191 279 9000 Ref: Ms S Mantle
Lot 25
15 Lions Close Marvels Lane Eltham SE9 4HG Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie
Lot 7
109 Princes Avenue Surbiton Surrey KT6 7JW TWM Solicitors LLP Kings Shade Walk 123 High Street Epsom Surrey KT19 8AU Tel. 01372 729 555 Ref: Mrs A. Fowler
Lot 26
Flat 4 Henley's Manor Dartford Road Bexley Kent DA5 2AS Hedleys 6 Bishopsmead Parade East Horsley Leatherhead KT24 6SR Tel. 01483 284 567 Ref: Mr L. Hulatt
Lot 8
26 Cranford Avenue Stanwell Middlesex TW19 7AH TWM Solicitors LLP Kings Shade Walk 123 High Street Epsom Surrey KT19 8AU Tel. 01372 729 555 Ref: Mrs A. Fowler
Lot 27
8 Grange House Sun Court Slade Green Kent DA8 2DZ Hepburns Solicitors Unit 1 Blackwater Court 17-21 Blackwater Street Dulwich London SE22 8SD Tel. 020 8299 3376 Ref: M Harrison Esq
Lot 9
First floor maisonette, 1 Thorpewood Avenue Sydenham SE26 4BU Ross & Craig Swift House 12a Upper Berkeley Street London W1H 7PE Tel. 020 7262 3077 Ref: Mr P. Bardsley
Lot 28
84 Coralline Walk London SE2 9ST Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 10
29 Moffat Road Thornton Heath Surrey CR7 8PY Ingram Winter Green LLP Bedford House 21a John Street London WC1N 2BL Tel. 020 7845 7400 Ref: Mr N. Edwards
Lot 29
6 Nile Path Plumstead SE18 4DP Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 30
12 Charlesmere Gardens Thames Reach London SE28 0NG Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 31
34 St. Michaels Place Brighton East Sussex BN1 3FU Soloman Taylor & Shaw 3 Coach House Yard Hampstead High Street London NW3 1QD Tel. 020 7431 1912 Ref: Mr B. Shaw
Lot 32
43 Jamieson House Edgar Road Hounslow Middlesex TW4 5QH Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 33
19 Waterside Road Southall Middlesex UB2 4RA Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 11
Lot 12
3 Lower Coombe Street Croydon Surrey CR0 1AA Dzimitrowicz York Solicitors 6 Laud Street Croydon CR0 1ST Tel. 020 8667 0340 Ref: Mr A.P. Dzimitrowicz 5 Lower Coombe Street Croydon Surrey CR0 1AA Dzimitrowicz York Solicitors 6 Laud Street Croydon CR0 1ST Tel. 020 8667 0340 Ref: Mr A.P. Dzimitrowicz
Lot 13
22 Harpenden Road West Norwood SE27 0AE Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 14
Flat C, 50a Palace Road Tulse Hill SW2 3NJ Bond Dickinson LLP One Trinity Broad Chare Newcastle upon Tyne NE1 2HF Tel. 0191 279 9000 Ref: Ms S Mantle
Lot 15
2 Bonham Road Brixton SW2 5HF Bond Dickinson LLP One Trinity Broad Chare Newcastle upon Tyne NE1 2HF Tel. 0191 279 9000 Ref: Ms S Mantle
Lot 16
1 Elswick Road Lewisham SE13 7SP Charles Russell LLP Compass House Lypiatt Road Cheltenham Gloucestershire GL50 2QJ Tel. 01242 221122 Ref: Ms S Pascoe
Lot 35
Pleasurewood Hills Leisure Way Lowestoft Suffolk NR32 5DZ DWF Solicitors Great North House Sandyford Road Newcastle NE1 8ND Tel. 0191 233 9712 Ref: Mr B. Done
Lot 17
109 Chatham Street Walworth SE17 1PA Southwark Legal Services PO Box 64529 London SE1P 5LX Tel. 020 7525 5000 Ref: A Moony Esq
Lot 36
Dryden Court Renfrew Road Kennington SE11 4NH Francis & Co 17 Welsh Street Chepstow Monmouthshire NP16 5YH Tel. 01291 622 237 Ref: Ms J Burke
Lot 18
143 Copleston Road Peckham SE15 4AQ Southwark Legal Services PO Box 64529 London SE1P 5LX Tel. 020 7525 5000 Ref: Ms P Edgar
Lot 37
Unit A2 The Picture House Cheapside Reading Berkshire RG1 7AJ CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
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Vendors solicitors list
Lot 38
123 London Road Knebworth Hertfordshire SG3 6EX Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms E Withrington
Lot 58
149 Ramsgate Road Margate Kent CT9 4EY CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
Lot 39
442 Becontree Avenue Dagenham Essex RM8 3UB Bowling & Co 62 The Broadway Stratford London E15 1NG Tel. 020 8221 8036 Ref: Mr H. Youssouf
Lot 59
3a Victoria Parade Ramsgate Kent CT11 9DE CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
Lot 40
119 Consort Road Peckham SE15 3RU Pemberton Greenish LLP 45 Cadogan Gardens London SW3 2AG Tel. 020 7591 3333 Ref: Ms H Abel
Lot 60
Flat 20 Halyards Court, 12 Western Road Romford Essex RM1 3GL CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
Lot 41
28 Nunhead Green Nunhead SE15 3QF Charles Russell LLP Compass House Lypiatt Road Cheltenham Gloucestershire GL50 2QJ Tel. 01242 221122 Ref: Ms S Pascoe
Lot 61
Lot 42
626b Old Kent Road Peckham SE15 1JB Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
2 Western Court Chandlers Way Romford Essex RM1 3JR Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 62
43 Enterprise House Curzon Crescent Barking Essex IG11 0JZ Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 63
38c Selborne Road Ilford Essex IG1 3AJ Hepburns Solicitors Unit 1 Blackwater Court 17-21 Blackwater Street Dulwich London SE22 8SD Tel. 020 8299 3376 Ref: M Harrison Esq
Lot 64
4a Earls Hall Parade Prince Avenue Southend on Sea Essex SS2 6NW Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 65
24 North Street New Bradwell Milton Keynes Buckinghamshire MK13 0ED Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 43
Lot 44
Garage Workshop rear of 45 Ranelagh Road Harlesden NW10 4UR Bracher Rawlins LLP 77 Kingsway London WC2B 6SR Tel. 020 7404 9400 Ref: Ms E. Holden-Shah 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 45
100 Dunton Road Southwark SE1 5UN KPM Solicitors LLP 116-118 Chancery Lane London WC2A 1PP Tel. 020 7404 1995/0888 Ref: Mr P Green
Lot 46
113-113a Queens Road Croydon Surrey CR0 2PT Pearl & Co 166 Station Road London NW4 3SP Tel. 020 8202 6202 Ref: Mr D Pearl
Lot 47
The Old Harrington Bakery, 8-10 Bridge Street Leatherhead Surrey KT22 8BZ Ashley Wilson Solicitors 19-21 Grosvenor Gardens Belgravia SW1W 0BD Tel. 020 7802 4802 Ref: Mr M. Hassan
Lot 66
62 Kirkwood Grove Medbourne Milton Keynes Buckinghamshire MK5 6FP Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 48
167 Camberwell Road Camberwell SE5 0HB Grant Saw Norman House 110-114 Norman Road Greenwich London SE10 9EN Tel. 020 8858 6971 Ref: Mr S Bansal
Lot 67
71 Harpur Street Bedford Bedfordshire MK40 2SR Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 49
8 Montague Road Croydon Surrey CR0 3SS Streeter Marshall 74 High Street Croydon Surrey CR9 2UU Tel. 020 8680 2638 Ref: Mr G Huxley
Lot 68
204 Wellingborough Road Rushden Northamptonshire NN10 9SX Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 50
Advertising Hoarding at 255 Brixton Road Brixton SW9 6LH Ingram Winter Green LLP Bedford House 21a John Street London WC1N 2BL Tel. 020 7845 7400 Ref: Ms E. Edwards
Lot 69
Flat 40 Portland House, 58-60 The Kingsway Swansea SA1 5HN CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
Lot 52
149-156 Snargate Street Dover Kent CT17 9BZ CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
Lot 70
Lot 53
20 Avenue Road Tottenham N15 5JH Summers Solicitors 22 Welbeck Street London W1G 8EF Tel. 020 7224 2024 Ref: Mr S. Koehne
Plot 1 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 71
Lot 54
27 Fiske Court Lansdowne Road Tottenham N17 0NR Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Plot 2 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 55
Boston House 117-119 Folkestone Road Dover Kent CT17 9SD Howlett Clarke Solicitors 8-9 Ship Street Brighton East Sussex BN1 1AZ Tel. 01273 327 272 Ref: Mr C. Edmonds
Lot 72
Lot 56
4 Effingham Street Ramsgate Kent CT11 9AT CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
Plot 4 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 73
Plot 6 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 57
10 Effingham Street Ramsgate Kent CT11 9AT CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
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Solicitors List September 05/09/2013 10:21 Page 72
Vendors solicitors list
Lot 74
Plot 7 Station Road & London Road The Willows Pulborough West Sussex RH20 1RH Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 89
26/28 Harden Close Walsall West Midlands WS3 1BU Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 77
Clive Court Babington Road Streatham SW16 6AL Comptons 90-92 Parkway Regents Park London NW1 7AN Tel. 0207 485 0888 Ref: Mr J Comptons
Lot 90
30,36,38 Harden Close Walsall West Midlands WS3 1BU Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 78
143 Larkhall Lane Clapham SW4 6RG Mohabirs 11 Clapham Park Road Clapham SW4 7EE Tel. 0207 622 5495 Ref: Mr A. Mohabir
Lot 91
42/44 Harden Close Walsall West Midlands WS3 1BU Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 92
16 Saltoun Road Brixton SW2 1EP Lattey & Dawe Solicitors 21 Liverpool Street London EC2M 7RD Tel. 020 7623 2345 Ref: Mr M Stewart
Lot 93
249-251 & 253-255 Brixton Road Brixton SW9 6LJ Ingram Winter Green LLP Bedford House 21a John Street London WC1N 2BL Tel. 020 7845 7400 Ref: Ms E. Edwards
Lot 94
84 Ballater Road Brixton SW2 5QP Lattey & Dawe Solicitors 21 Liverpool Street London EC2M 7RD Tel. 020 7623 2345 Ref: Mr M Stewart
Lot 95
8 Kildoran Road Brixton SW2 5JX Lattey & Dawe Solicitors 21 Liverpool Street London EC2M 7RD Tel. 020 7623 2345 Ref: Mr M Stewart
Lot 96
75 Troughton Road Charlton SE7 7QF 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 97
29 St. Johns Park Blackheath SE3 7TD TG Baynes Solicitors Broadway House 208 Broadway Bexleyheath Kent DA6 7BG Tel. 020 8301 7777 Ref: Mr R. Thomas
Lot 98
38 Alie Street Aldgate E1 8DA 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 99
54 High Street Penge SE20 7HB Carpenter & Co 46 Woodcote Road Wallington SM6 8HA Tel. 020 8669 5145 Ref: Ms V Thornton
Lot 79
Lot 80
Lot 81
Lot 82
138/140 Weir Road Balham SW12 0ND Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies 53/55 Tynemouth Road Mitcham Surrey CR4 2BQ Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies 1 - 2 Melbourne Close Wallington Surrey SM6 8SN Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies 25 - 25a Longfield Avenue Wallington Surrey SM6 7AZ Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 83
38 - 40 St Marks Avenue Northfleet Kent DA11 9LW Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 84
335 - 335a Croxted Road Herne Hill SE24 9DB Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 85
65 Milton Road Herne Hill SE24 0NW 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 86
1-10 Alexandra Court Alexandra Road Burton-On-Trent Staffordshire DE15 0JF Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 87
10/12 Harden Close Walsall West Midlands WS3 1BU Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies
Lot 88
14/16 Harden Close Walsall West Midlands WS3 1BU 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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www.as-r.co.uk
Lot 100 52b, 52c & 52d Aldborough Road South Seven Kings Ilford Essex IG3 8EX Stevensons Solicitors Gorgate Chambers Gorgate Drive Hoe Dereham Norfolk NR20 4HB Tel. 01362 860 300 Ref: Mr G. Stevenson Lot 101 28a High Street Cardiff South Glamorgan CF10 1PU 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
Cover Single Pages_Layout 1 05/09/2013 16:28 Page 3
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
Cover Single Pages_Layout 1 05/09/2013 16:28 Page 4
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)
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
Parking
www.as-r.co.uk
On street meter parking from 8.30am - 8.30pm Off-street parking indicated on map
Auction dates 2013 Tuesday 29th October Monday 16th December
Auction dates 2014 Monday 17th February Monday 7th April Monday 2nd June Monday 21st July Monday 22nd September Monday 27th October Monday 15th December