HO V TE ENU L R E: US SE LL
property auction Monday 4th November 2013
Venue:
Hotel Russell, Russell Square London WC1B 5BE
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
November auction sale Monday 4th November 2013 Comprising 75 lots of residential and commercial property for occupation, investment and development.
Please note start time 12 noon November 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 1-75 ......................................................................................................15 Common auction conditions.............................................................57 Extra conditions ........................................................................................62 Vendors solicitors list................................................................................63 Sale memorandum................................................................................65
By order of The London Borough of Hammersmith & Fulham The London Borough of Lambeth The London Borough of Wandsworth Defence Infrastructure Organisation A Major Housing Association Mountview Estates Plc LPA Receivers Trustees in Bankruptcy Executors Mortgagees Public & Private Limited Companies Others
1
Alphabetical index
A 64 65 66 74 8 15
H 1 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD 5 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD 12 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD 11 Albury Street Deptford SE8 3PT 38 Arminger Road Shepherds Bush W12 7BB 39 Aylesbury Road Walworth SE17 2EQ
57 56 1 71 54 50 14
Titan Cottage Bathford Hill Bathford Bath Somerset BA1 7SW 43 Gilby House Berger Road Hackney E9 6HU 41 Black Boy Wood Bricket Wood St. Albans Hertfordshire AL2 3LW 2 Pembury Court, 47 Bolingbroke Grove Wandsworth SW11 6HF 103 Bonchurch Road Brighton East Sussex BN2 3PJ 22 Brettenham Road Edmonton N18 2ET Land adjacent to 84c Brockley Crescent Romford Essex RM5 3JX Flat 3, Broadway House Bromley Road Bromley Kent BR1 4PA
69 3 75 4 12 34
50 Cannock Road Corby Northamptonshire NN17 1BS 72 Cannock Road Corby Northamptonshire NN17 1BS 385a Clapham Road Stockwell SW9 9BT 37 Colls Road Peckham SE15 2NU 24c Combermere Road Stockwell SW9 9RE 47 Commonside East Mitcham Surrey CR4 2QA Station Buildings Cross Road Tadworth Surrey KT20 5SR
26 38 73
31
39
45
R 37
The Fellowship Inn Randlesdown Road Catford SE6 3BT
53
26 Ropers Avenue Chingford E4 9EQ
48
Land rear of 17 - 20 Rosebery Avenue Thornton Heath Surrey CR7 8PT
S 2
24 Stockwell Park Road Stockwell SW9 0AJ
20
25-27 Sweyn Road Cliftonville Margate Kent CT9 2DG
J 47
Land to the rear of 121 Jersey Road Isleworth Middlesex TW7 4QR
113-113a Queens Road Croydon Surrey CR0 2PT
T 22
18 The Forty Cricklade Wiltshire SN6 6HW
K 40 17 35
78 King Street Whitehaven Cumbria CA28 7LE The Old Mission Hut Kings Road South Norwood SE25 4 Knights Hill West Norwood SE27 0HY
25 7 23 19 28 13
7 Lady Mary Road Norwich Norfolk NR1 2QZ Flat A, 35 Lakeside Road West Kensington W14 0DX Flat 6, Tempra, 152 Lawrence Hill Bristol Avon BS5 0DN 61 Lewisham Hill Lewisham SE13 7PL 7 Arnold Cottages London Road Milton Keynes Buckinghamshire MK19 6AE 11 St. James's Lodge 69 Lower Addiscombe Road Croydon Surrey CR0 6PR
W 36
11 Wastdale Road Forest Hill SE23 1HN
43
204 Wellingborough Road Rushden Northamptonshire NN10 9SX
62
27 Radley House Wolvercote Road London SE2 9TW
5
92b Woodside Wimbledon SW19 7BA
63
The Annexe rear of 204 Woodside Green South Norwood SE25 5EW
Z 11
1 Zion Place Thornton Heath Surrey CR7 8RR
M
D 9
30
Q 2 Harold Avenue Belvedere Kent DA17 5NW Marlborough House, 32-36 Hazelwood Road Northampton Northamptonshire NN1 1LN 116 Hebdon Road Tooting SW17 7NN Bournes High Street Brenchley Tonbridge Kent TN12 7NQ 1 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ 9 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ 11 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ 220, 222 & 224 Hornsey Road Hornsey N7 7LL
L
C 68
72 41
32
B 21
59 44
28 Lancater Court Darlan Road Fulham SW6 5TB 30 Dartmouth Gardens Milford Haven Dyfed SA73 2AP Granyte House Delamare Road Cheshunt Waltham Cross Hertfordshire EN8 9SP 39 Dundalk Road Brockley SE4 2JJ
60 61 55
The Lodge Maxwell Road Brompton Chatham Kent ME7 5SG Church Hall Maxwell Road Brompton Chatham Kent ME7 5SG 35 Chaucer Court Milton Garden Estate Stoke Newington N16 8TS
Auction Dates 2013 Monday 16th December
N 29
E 24 18 6
17 / 17a Earl Street Hastings East Sussex TN34 1SG 36 Jamieson House Edgar Road Hounslow Middlesex TW4 5QQ 8 Maton House Estcourt Road Fulham SW6 7HY
F 42 49
2
4b Fircroft Business Centre Fircroft Way Edenbridge Kent TN8 6EN Land adjacent to 37 Freta Road Bexleyheath Kent DA6 8NZ
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32 Wooton Court New Bradwell Milton Keynes Buckinghamshire MK13 0AX
O 16
63a Overhill Road East Dulwich SE22 0PQ
P 58 46 67 10
76 Palace Road Bromley Kent BR1 3JX Site rear of 89 Park Hill Clapham SW4 9NX 6 Pennycress Way Newport Pagnell Milton Keynes MK16 8TT 406 Sullivan Court Peterborough Road Fulham SW6 3DL
Auction Dates 2014 Monday 17th February Monday 7th April Monday 2nd June Monday 21st July Monday 22nd September Monday 27th October Monday 15th December
Property type
Freehold vacant houses
Stockwell Belvedere Bromley Brompton Kent Brompton Kent Chingford Cricklade Wiltshire Edmonton Mitcham Thornton Heath
24 Stockwell Park Road 2 Harold Avenue 76 Palace Road The Lodge Maxwell Road Church Hall Maxwell Road 26 Ropers Avenue 18 The Forty 22 Brettenham Road 47 Commonside East 1 Zion Place
Freehold part vacant property Hastings 17 / 17a Earl Street Freehold detached building in a sought after residential location arranged as nine self-contained flats - Full vacant possession Offered on behalf of a Major Housing Association Lewisham 61 Lewisham Hill Freehold new build block of 10 x two bedroom flats all let to professional tenants - total rent reserved £67,020 p.a. - Offered on behalf of the LPA Receivers Margate 25-27 Sweyn Road Freehold site with planning permission for the demolition of the existing garages and the erection of a four bedroom detached house Full vacant possession Bexleyheath Land adjacent to 37 Freta Road Freehold site with planning permission for the construction of two detached bungalows – Full vacant possession Romford Land adjacent to 84c Brockley Crescent
Leasehold vacant flats Bromley Flat 3, Broadway House Bromley Road Corby Northants 72 Cannock Road Corby Northants 50 Cannock Road Croydon 11 St. James's Lodge 69 Lower Addiscombe Road East Dulwich 63a Overhill Road Fulham 8 Maton House Estcourt Road Milton Keynes 32 Wooton Court New Bradwell Milton Keynes 9 Calvie Croft Hodge Lea Newport Pagnell 12 Addenbrookes Road Newport Pagnell 5 Addenbrookes Road Newport Pagnell 1 Addenbrookes Road Newport Pagnell 6 Pennycress Way Bricket Wood 41 Black Boy Wood St. Albans Stockwell 385a Clapham Road Walworth 39 Aylesbury Road Wimbledon 92b Woodside Residential investments Brighton 103 Bonchurch Road Bristol Flat 6, Tempra, 152 Lawrence Hill Brockley 39 Dundalk Road Deptford 11 Albury Street Hackney 43 Gilby House Berger Road Hounslow 36 Jamieson House Edgar Road London 27 Radley House Wolvercote Road Milford Haven Dyfed 30 Dartmouth Gardens Milton Keynes 7 Arnold Cottages London Road Milton Keynes 11 Calvie Croft Hodge Lea Milton Keynes 1 Calvie Croft Hodge Lea Norwich 7 Lady Mary Road Peckham 37 Colls Road South Norwood The Annexe rear of 204 Woodside Green Stockwell 24c Combermere Road Stoke Newington 35 Chaucer Court Milton Garden Estate Tooting 116 Hebdon Road Freehold site with planning permission for the erection of a two bedroom contemporary designed detached house Thornton Heath Land rear of 17-20 Rosebery Avenue
Leasehold vacant flat
Wandsworth
2 Pembury Court 47 Bolingbroke Grove
Commercial properties Brenchley Bournes High Street Tonbridge Kent Catford The Fellowship Inn Randlesdown Road Cheshunt Granyte House Delamare Road Croydon 113-113a Queens Road Edenbridge Kent 4b Fircroft Business Centre Fircroft Way Forest Hill 11 Wastdale Road Hornsey 220, 222 & 224 Hornsey Road Northampton Marlborough House 32-36 Hazelwood Road Rushden 204 Wellingborough Road South Norwood The Old Mission Hut Kings Road Tadworth Station Buildings Cross Road West Norwood 4 Knights Hill Whitehaven Cumbria 78 King Street Freehold vacant sites Clapham Site rear of 89 Park Hill Isleworth Land to the rear of 121 Jersey Road Freehold tenanted house and adjoining land with planning permission to build three additional houses Bathford Bath Titan Cottage Bathford Hill
By order of
Shepherds Bush
38 Arminger Road
West Kensington
Flat A, 35 Lakeside Road
Fulham
28 Lancater Court Darlan Road
Fulham
406 Sullivan Court Peterborough Road
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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: Mark Lenzan E: mlenzan@as-r.co.uk
John King E: jking@as-r.co.uk
24 High Street, Wimbledon London SW19 5DX T: 020 8971 4999 F: 020 8971 4954
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 November catalogue bringing 75 lots to the market on behalf of motivated vendors. We hope you find a property that meets your investment needs. This month we are offering: • Stock from housing associations, local authorities and executors
• Exciting refurbishment opportunities
• Ground rents
• High yielding secondary retail commercial investments
• Development sites
• Vacant properties for rental or occupation
Two recent changes, one in planning law and the other in lending for home buyers, is adding a new dimension to auctions and already we are seeing an increase in demand for property. The New Permitted Development Rights introduced in May removed the requirement for planning permission to change offices into homes in all but 17 local authorities in England and Wales, which is notably increasing interest in purchasing office stock with potential for residential conversion. The impact of the early introduction of the Government’s Help To Buy 2 scheme widening the offer of a 95% mortgage, with 15% underwritten by the Government to all residential property-types up to the value of £600,000 (not just new-builds) is already sparking huge increases in numbers registering at estate agencies. Mortgage lenders including Halifax, RBS and NatWest have signed up to Help To Buy, prompting speculation of price rises. This seems likely in our opinion, not least because when demand outstrips supply then prices rise. At present there is simply not enough stock to meet demand especially in London and the South East, so we need to see the creation of more residential property and the freeing of planning regulations on office to residential conversions may help things along a little. Meanwhile, with the economy turning a welcome corner and interest rates stay stubbornly low on bank deposits there has never been a better time to invest in property. Recent data shows rises of 10% in London in the last year fuelling demand among the equity and cash rich for a safe place in which to place their hard-earned savings and produce a yield above that being offered by banks. So we are delighted to be offering well priced stock on behalf of motivated vendors including: London Boroughs of Hammersmith & Fulham, Lambeth and Wandsworth, Defence Infrastructure Organisation, Mountview Estates Plc, a major housing association, LPA Receivers, Executors, Mortgagees, Trustees, Public and Private Limited Companies and would draw your attention to the following lots: 61 Lewisham Hill, Lewisham SE13: A large detached house in a great location, arranged as nine self-contained flats. Offered on behalf of a major housing association. Guide Price: £1.5M +
38 Arminger Road, Shepherd's Bush W12: A long leasehold first floor self-contained flat. Offered on behalf of the London Borough of Hammersmith and Fulham.
92B Woodside, Wimbledon SW19: A spacious long leasehold two bedroom self-contained flat. Guide Price: £300,000 +
Flat A, 35 Lakeside Road, West Kensington W14: A long leasehold self-contained flat. Offered on behalf of the London Borough of Hammersmith and Fulham.
2 Pembury Court, 47 Bolingbroke Grove, Wandsworth SW11: A long leasehold purpose built ground floor flat. Offered on behalf of the London Borough of Wandsworth. Guide Price: £230,000 +
2 Harold Avenue, Belvedere, Kent DA17: A freehold semi detached bungalow with garage. Offered on behalf of the Executors. Guide Price: £170,000 +
24 Stockwell Park Road, SW9: A four floored freehold linked semi-detached house arranged as two self-contained flats. Offered on behalf of the London Borough of Lambeth. Guide Price: £685,000 +
78 King Street, Whitehaven, Cumbria CA28: A freehold three floor terraced building arranged as a ground floor retail unit and first floor ancillary office let to Phones 4U. Flats sold on a long lease. Offered with a disclosed reserve below £250,000.
Should you require professional guidance or support in letting your commercial or residential property or managing it to its full potential then as-r are here to help you from start to finish. Click on our website outlining our full range of services: www.as-r.co.uk for a full overview of our enhanced service 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 service your investment to produce the very best in rental returns by 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
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
Ei
On-Line Live
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
Ei
On-Line Live
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
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.asww .as-r.co.uk .co.uk Wimbledon imbledon Village illage T:: 020 8971 6780 E: residential@as-r.co.uk residential@as- .co.uk
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Competitive rates with no surprises 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. Commercial Acceptances Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in respect of our regulated mortgage contract activities.
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.
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
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%, typical fee 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
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
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working in association with
Private Treaty Commercial Department
GUIDE PRICE £3,250,000
GUIDE PRICE £650,000
165 The Broadway, Wimbledon
18 Riverside Road, Egham
SOLD – SIMILAR PROPERITES REQUIRED
ACQUIRED FOR CLIENTS
• High profile mixed-use building arranged over basement, ground and six upper floors • 28,729 sq.ft. (2,668.92 sq.m.) – office accommodation • 4,345 sq.ft. (403.65 sq.m.) – retail accommodation • Leasehold
• • • •
GUIDE PRICE £1,350,000
Development opportunity Site area 0.7 acres (0.28ha) Cleared site overlooking the Thames Freehold
GUIDE PRICE £300,000
Long Lodge, Wimbledon
Graham Avenue, Mitcham, CR4
UNDER OFFER – SIMILAR PROPERTIES REQUIRED
UNDER OFFER – SIMILAR PROPERTIES REQUIRED
• Former film studios • Grade II listed office building • Office accommodation arrange over ground, first and second floors • 4,025 sq.ft. (373.89 sq.m.)
BY ORDER OF MERTON COUNCIL • Freehold development opportunity for sale by tender • Site extends to approximately 0.645 acres (0.261ha) • Suitable for commercial development
Mark Lenzan E: mlenzan@as-r.co.uk
John King E: jking@as-r.co.uk
24 High Street, Wimbledon London SW19 5DX T: 020 8971 4999 F: 020 8971 4954
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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Notice to bidders
1. Conditions of Sale 1.1 Prospective purchasers are advised that all sales aresubject to: (a) Common Auction Conditions (Edition 3) reproduced by permission of Royal Institution of Chartered Surveyors in the Catalogue; (b) Extra General Conditions applicable to all andrew scott robertson auctions also printed in the Catalogue; (c) Special Conditions of Sale obtainable from andrew scott robertson auction office or from the Seller’s solicitors; (d) an Addendum or alteration made available for inspection prior to the sale; or by oral announcement at the auction; (e) this Notice to Bidders 1.2 The Common Auction Conditions (Edition 3) comprise: • The glossary; • auction conduct conditions; and • sale conditions. 2. Buyer’s Fee The successful purchaser will be required to pay to the Auctioneers a purchasers administration fee details of which are noted in the catalogue and are also available from the auctioneers. 3. Amendments to Particulars of Sale Prospective purchasers should always check the amendment sheet on the day of the sale to see if there are any alterations or amendments to the particulars or special conditions of the property that they are interested in bidding for. The catalogue has been prepared on the basis of information provided. In some cases for what ever reason verification has not been possible (eg. missing keys) prior to printing. Consequently amendments may be made and the successful purchaser is deemed to have purchased in full knowledge of them. 4. Inspection and Searches It is deemed that prospective purchasers have inspected the property and have made the usual pre-contract searches and enquiries and are relying on their own knowledge or the advice of their own professional or other adviser.
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The published information in the catalogue is not warranted and may need to be verified by inspection of the legal package generally only available after the catalogue has gone to press. Purchasers must satisfy themselves as to the correctness of the details of leases, tenancies, licences, rent payable, rent reviews, service charges, outgoings and other matters. 5. Particulars of Sale Prospective purchasers are advised to check the Particulars of Sale printed in the catalogue to ensure that they are satisfied as to their accuracy in regard to measurements, areas and all other matters to which the properties are expressed to be subject to or have the benefit of, and in respect of any contents, fixtures and fittings expressed to be included in the sale. All measurements and areas referred to in these particulars are approximate only. Services or appliances included in the property have not been tested. Any statement by the Auctioneers’ staff is without responsibility and is not a representation. 6. Photographs and Plans Any photographs and plans shown in the Particulars of Sale are to enable prospective purchasers to locate the property only. The plans are photographically reproduced and are therefore not to scale and are not intended to depict the interest to be sold but are for identification only. The boundary lines and numbers on the photographs are again only to enable prospective purchasers to locate the property and are not intended to depict the interest to be sold. Prospective purchasers must rely on inspection of the property concerned and the Special Conditions of Sale as to full descriptions and the extent of the relevant property to be sold. Such plans and photographs are expressly excluded from the contract of sale. All plans have been reproduced with the permission of the Controller of Her Majesty’s Stationary Office © Crown Copyright and Experian Copyright all rights reserved Licence number PU 100017316, Ordnance Survey on behalf of the Controller of Her Majesty’s Stationary Office © Crown Copyright Licence 10005372. A-Z reproduced by permission of Geographers A-Z Map Co Ltd Licence NO A1166.
7. Guide Prices Guide prices given by andrew scott robertson to prospective purchasers cannot be accepted by the purchaser as representing a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities. Prospective purchasers should satisfy themselves as to the possible purchase price. 8. Withdrawn Lots or Sales Prior to the Auction The Vendors have the right to withdraw or sell their property at any time prior to Auction. The Auctioneers or Vendors are not responsible for any abortive costs, losses or damages incurred by prospective purchasers in respect of lots which are either withdrawnor sold prior to the Auction. Information as to prior sale or withdrawal of a Lot can be obtained from enquiry of the Auctioneersbut is valid only up to the time ofthe enquiry. 9. Liability of bidder Each bidder will be deemed to be personally liable on making an accepted bid even though he/she purports to act as an agent for a principal purchaser or purports to sign the Memorandum of Sale in a representative capacity. 10. Binding Contract The successful bidder is under a Binding Contract as soon as the Auctioneer’s Gavel falls on his/her bid. Immediately thereafter, the Purchaser will be handed a Purchaser’s slip by the Auctioneer’s Clerk which should be completed in full. This information will be used to draw up two copies of a Memorandum of Sale. The successful bidder must sign and exchange this memorandum with the Auctioneers’ staff and provide a deposit of 10% of the purchase price or the minimum deposit of £1,000 whichever is the higher. Deposit payments are accepted by personal or company cheques, bankers drafts or debit cards. Deposit payments by cash or credit cards are not accepted. The Purchaser will be required toprove identification.
11. Default of Purchaser If the Purchaser should fail or default in any of the above the Auctioneer as agent for the Vendor shall be entitled to treat the failure or default as a repudiation and rescind the contract. Thereafter the Auctioneer shall be entitled to re-submit the property for sale. The Vendorreserves the right to claim anyloss he/she suffers as a result. 12. Keys Purchasers should be aware that they will not be entitled to keys or access to the property (except by special arrangement) until completion of the sale. 13. Auctioneers Announcements The Auctioneers announcements at the commencement of the sale are an important part of the proceedings. Thereafter the Auction will proceed without delay and the Auctioneer will not describe the properties in detail nor read out the special conditions or amendments (see notices 1 and 3).
Next Auction Sale Monday 16th December 2013
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Residential lettings Premium service for â&#x20AC;¢ In house property management department
â&#x20AC;¢ Experienced ARLA trained staff
â&#x20AC;¢ No upfront fees
â&#x20AC;¢ Discounted rental protection policies available
â&#x20AC;¢ Links to major corporate companies Contact: Wimbledon Village 24 High Street Wimbledon London SW19 5DX T: 020 8971 6780 F: 020 8946 3683 E: residential@as-r.co.uk
Wimbledon Town 50 Wimbledon Hill Road Wimbledon London SW19 7PA T: 020 8971 3800 F: 020 8944 8624 E: residential@as-r.co.uk
www.as-r.co.uk
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â&#x20AC;¢ Comprehensive marketing Contact: Wimbledon Village 24 High Street, Wimbledon London SW19 5DX Residential T: 020 8971 6780 F: 020 8946 3683 E: residential@as-r.co.uk
Wimbledon Town 50 Wimbledon Hill Road Wimbledon, London SW19 7PA Residential T: 020 8971 3800 F: 020 8944 8624 E: residential@as-r.co.uk
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Residential investments Lots 4, 18, 20, 21, 23, 24, 25, 26, 28, 30, 32, 55, 57, 62, 63, 71, 72, 73, 74 & 75 are all Residential investments and provide the opportunity to acquire: Regulated Tenancies • Assured shorthold tenancies • Ground rents In the following areas: London Brockley Deptford Hackney London Peckham
Others Bathford, Bath Brighton Bristol Hastings Hounslow
South Norwood Stockwell Stoke Newington Tooting
Margate Milford Haven Milton Keynes Norwich
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 71
REF: DS
103 Bonchurch Road, Brighton, East Sussex BN2 3PJ Freehold ground rents secured upon two self contained flats Ground rent investment
Valuable reversions in approximately 67 years Flat
Lease Term
Date
Rent Per Annum
First Floor
99 years
25/12/1981
£40 (rising)
Ground floor
99 years
25/12/1981
£40 (rising)
Valuable reversions in approximately 67 years Total ground rent reserved £80 per annum (rising)
Lot 72
REF: DS
116 Hebdon Road, Tooting SW17 7NN Freehold ground rents secured upon two self contained flats Ground rent investment Flat
Lease Term
Date
Rent Per Annum
116b
125 years
1/1/2013
£250
116a
125 years
1/1/2013
£250
Total ground rent reserved £500 per annum
55
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End of sale Next auction:
16th December 2013 For further information contact: E: auctions@as-r.co.uk
www.as-r.co.uk
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Common auction conditions
Reminder 1. Bidders are reminded that a pre-auction or postauction sale or when the auctioneers gavel falls on their bid the sale would be subject to: (a) General Conditions of Sale. (b) Special Conditions of Sale. (c) Any published addendums or alterations. (d)Any late amendments distributed in the room or made by the Auctioneer from the Rostrum.
2. Bidders are reminded also that they are deemed to have accepted the Notice to Bidders printed in this Catalogue. 3. Bidders should be ready to pay the necessary deposit as set out on the inside back cover and should have identification. 4. If acting for others, the bidders should have letters of authority but nevertheless are also liable personally.
General conditions of sale Important notice A prudent buyer will, before bidding for a lot at an auction: • Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant • Read the conditions; • Inspect the lot; • Carry out usual searches and make usual enquiries; • Check the content of all available leases and other documents relating to the lot; • Check that what is said about the lot in the catalogue is accurate; • Have finance available for the deposit and purchase price; • Check whether VAT registration and election is advisable; The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a lot without taking these normal precautions you do so at your own risk. Glossary This glossary applies to the auction conduct conditions and the sale conditions. Wherever it makes sense: • singular words can be read as plurals, and plurals as singular words; • a “person” includes a corporate body; • words of one gender include the other genders; • references to legislation are to that legislation as it may have been modified or re-enacted by the date of the auction or the contract date (as applicable); and • where the following words printed in bold black type appear in bold blue type they have the specified meanings. Actual completion date The date when completion takes place or is treated as taking place for the purposes of apportionment and calculating interest. Addendum An amendment or addition to the conditions or to the particulars or to both whether contained in a supplement to the catalogue, a written notice from the auctioneers or an oral announcement at the auction.
Business day Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and Wales; or (c) Good Friday or Christmas Day. Buyer The person who agrees to buy the lot or, if applicable, that person’s personal representatives: if two or more are jointly the buyer their obligations can be enforced against them jointly or against each of them separately. Catalogue The catalogue to which the conditions refer including any supplement to it. Completion Unless otherwise agreed between seller and buyer (or their conveyancers) the occasion when both seller and buyer have complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. Condition One of the auction conduct conditions or sales conditions. Contract The contract by which the seller agrees to sell and the buyer agrees to buy the lot. Contract date The date of the auction or, if the lot is not sold at the auction: (a) the date of the sale memorandum signed by both the seller and buyer; or (b) if contracts are exchanged, the date of exchange. If exchange is not effected in person or by an irrevocable agreement to exchange made by telephone, fax or electronic mail the date of exchange is the date on which both parts have been signed and posted or otherwise placed beyond normal retrieval. Documents Documents of title (including, if title is registered, the entries on the register and the title plan) and other documents listed or referred to in the special conditions relating to the lot.
Agreed completion date Subject to condition G9.3: (a) the date specified in the special conditions; or (b) if no date is specified, 20 business days after the contract date; but if that date is not a business day the first subsequent business day.
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
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).
57
General conditions of sale
Price The price that the buyer agrees to pay for the lot. Ready to complete Ready, willing and able to complete: if completion would enable the seller to discharge all financial charges secured on the lot that have to be discharged by completion, then those outstanding financial charges do not prevent the seller from being ready to complete. Sale conditions The general conditions as varied by any special conditions or addendum.
AUCTION CONDUCT CONDITIONS A1. A1.1 A1.2
Introduction Words in bold blue type have special meanings, which are defined in the Glossary. The catalogue is issued only on the basis that you accept these auction conduct conditions. They govern our relationship with you and cannot be disapplied or varied by the sale conditions (even by a condition purporting to replace the whole of the Common Auction Conditions). They can be varied only if we agree.
A2. A2.1
Our role As agents for each seller we have authority to: (a) prepare the catalogue from information supplied by or on behalf of each seller; (b) offer each lot for sale; (c) sell each lot; (d) receive and hold deposits; (e) sign each sale memorandum; and (f) treat a contract as repudiated if the buyer fails to sign a sale memorandum or pay a deposit as required by these auction conduct conditions. Our decision on the conduct of the auction is final. We may cancel the auction, or alter the order in which lots are offered for sale. We may also combine or divide lots. A lot may be sold or withdrawn from sale prior to the auction. You acknowledge that to the extent permitted by law we owe you no duty of care and you have no claim against us for any loss.
Sale memorandum The form so headed (whether or not set out in the catalogue) in which the terms of the contract for the sale of the lot are recorded. Seller The person selling the lot. If two or more are jointly the seller their obligations can be enforced against them jointly or against each of them separately.
A2.2 A2.3
Special conditions Those of the sale conditions so headed that relate to the lot. A2.4 Tenancies Tenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them. Tenancy schedule The tenancy schedule (if any) forming part of the special conditions. Transfer Transfer includes a conveyance or assignment (and “to transfer” includes “to convey” or “to assign”).
A3. A3.1 A3.2 A3.3 A3.4 A3.5
TUPE The Transfer of Undertakings (Protection of Employment) Regulations 2006. VAT Value Added Tax or other tax of a similar nature.
A3.6
VAT option An option to tax. We (and us and our) The auctioneers.
A4. A4.1
You (and your) Someone who has a copy of the catalogue or who attends or bids at the auction, whether or not a buyer.
A4.2
A4.3 A4.4
A5. A5.1 A5.2 A5.3
A5.4
A5.5
A5.6 A5.7
A5.8 A6. A6.1
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Bidding and reserve prices All bids are to be made in pounds sterling exclusive of any applicable VAT. We may refuse to accept a bid. We do not have to explain why. If there is a dispute over bidding we are entitled to resolve it, and our decision is final. Unless stated otherwise each lot is subject to a reserve price (which may be fixed just before the lot is offered for sale). If no bid equals or exceeds that reserve price the lot will be withdrawn from the auction. Where there is a reserve price the seller may bid (or ask us or another agent to bid on the seller’s behalf) up to the reserve price but may not make a bid equal to or exceeding the reserve price. You accept that it is possible that all bids up to the reserve price are bids made by or on behalf of the seller. Where a guide price (or range of prices) is given that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell at the date of the guide price. But guide prices may change. The last published guide price will normally be at or above any reserve price, but not always – as the seller may fix the final reserve price just before bidding commences. The particulars and other information We have taken reasonable care to prepare particulars that correctly describe each lot. The particulars are based on information supplied by or on behalf of the seller. You need to check that the information in the particulars is correct. If the special conditions do not contain a description of the lot, or simply refer to the relevant lot number, you take the risk that the description contained in the particulars is incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract. The particulars and the sale conditions may change prior to the auction and it is your responsibility to check that you have the correct versions. If we provide information, or a copy of a document, provided by others we do so only on the basis that we are not responsible for the accuracy of that information or document. The contract A successful bid is one we accept as such (normally on the fall of the hammer). This condition A5 applies to you if you make the successful bid for a lot. You are obliged to buy the lot on the terms of the sale memorandum at the price you bid plus VAT (if applicable). You must before leaving the auction: (a) provide all information we reasonably need from you to enable us to complete the sale memorandum (including proof of your identity if required by us); (b) sign the completed sale memorandum; and (c) pay the deposit. If you do not we may either: (a) as agent for the seller treat that failure as your repudiation of the contract and offer the lot for sale again: the seller may then have a claim against you for breach of contract; or (b) sign the sale memorandum on your behalf. The deposit: (a) is to be held as stakeholder where VAT would be chargeable on the deposit were it to be held as agent for the seller, but otherwise is to be held as stated in the sale conditions; and (b) must be paid in pounds sterling by cheque or by bankers’ draft made payable to us on an approved financial institution. The extra auction conduct conditions may state if we accept any other form of payment. We may retain the sale memorandum signed by or on behalf of the seller until the deposit has been received in cleared funds. If the buyer does not comply with its obligations under the contract then: (a) you are personally liable to buy the lot even if you are acting as an agent; and (b) you must indemnify the seller in respect of any loss the seller incurs as a result of the buyer’s default. Where the buyer is a company you warrant that the buyer is properly constituted and able to buy the lot. Extra Auction Conduct Conditions Despite any special condition to the contrary the minimum deposit we accept is £1,000 (or the total price, if less). A special condition may, however, require a higher minimum deposit.
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
Deposit The amount of the deposit is the greater of: (a) any minimum deposit stated in the auction conduct conditions (or the total price, if this is less than that minimum); and (b) 10% of the price (exclusive of any VAT on the price). The deposit (a) must be paid in pounds sterling by cheque or banker’s draft drawn on an approved financial institution (or by any other means of payment that the auctioneers may accept); and (b) is to be held as stakeholder unless the auction conduct conditions provide that it is to be held as agent for the seller. Where the auctioneers hold the deposit as stakeholder they are authorised to release it (and interest on it if applicable) to the seller on completion or, if completion does not take place, to the person entitled to it under the sale conditions. If a cheque for all or part of the deposit is not cleared on first presentation the seller may treat the contract as at an end and bring a claim against the buyer for breach of contract. Interest earned on the deposit belongs to the seller unless the sale conditions provide otherwise. Between contract and completion Unless the special conditions state otherwise, the seller is to insure the lot from and including the contract date to completion and: (a) produce to the buyer on request all relevant insurance details; (b) pay the premiums when due; (c) if the buyer so requests, and pays any additional premium, use reasonable endeavours to increase the sum insured or make other changes to the policy; (d) at the request of the buyer use reasonable endeavours to have the buyer’s interest noted on the policy if it does not cover a contracting purchaser; (e) unless otherwise agreed, cancel the insurance at completion, apply for a refund of premium and (subject to the rights of any tenant or other third party) pay that refund to the buyer; and (f) (subject to the rights of any tenant or other third party) hold on trust for the buyer any insurance payments that the seller receives in respect of loss or damage arising after the contract date or assign to the buyer the benefit of any claim; and the buyer must on completion reimburse to the seller the cost of that insurance (to the extent not already paid by the buyer or a tenant or other third party) for the period from and including the contract date to completion. No damage to or destruction of the lot nor any deterioration in its condition, however caused, entitles the buyer to any reduction in price, or to delay completion, or to refuse to complete. Section 47 of the Law of Property Act 1925 does not apply.
G5. G5.1
G5.2
G5.3
G6. G6.1
G6.2 G6.3
G6.4
G6.5
G6.6 G7. G7.1
G7.2
Transfer Unless a form of transfer is prescribed by the special conditions: (a) the buyer must supply a draft transfer to the seller at least ten business days before the agreed completion date and the engrossment (signed as a deed by the buyer if condition G5.2 applies) five business days before that date or (if later) two business days after the draft has been approved by the seller; and (b) the seller must approve or revise the draft transfer within five business days of receiving it from the buyer. If the seller remains liable in any respect in relation to the lot (or a tenancy) following completion the buyer is specifically to covenant in the transfer to indemnify the seller against that liability. The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one transfer. Completion Completion is to take place at the offices of the seller’s conveyancer, or where the seller may reasonably require, on the agreed completion date. The seller can only be required to complete on a business day and between the hours of 0930 and 1700. The amount payable on completion is the balance of the price adjusted to take account of apportionments plus (if applicable) VAT and interest. Payment is to be made in pounds sterling and only by: (a) direct transfer to the seller’s conveyancer’s client account; and (b) the release of any deposit held by a stakeholder. Unless the seller and the buyer otherwise agree, completion cannot take place until both have complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. If completion takes place after 1400 hours for a reason other than the seller’s default it is to be treated, for the purposes of apportionment and calculating interest, as if it had taken place on the next business day. Where applicable the contract remains in force following completion. Notice to complete The seller or the buyer may on or after the agreed completion date but before completion give the other notice to complete within ten business days (excluding the date on which the notice is given) making time of the essence. The person giving the notice must be ready to complete.
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General conditions of sale
G7.3
G7.4
If the buyer fails to comply with a notice to complete the seller may, without affecting any other remedy the seller has: (a) terminate the contract; (b) claim the deposit and any interest on it if held by a stakeholder; (c) forfeit the deposit and any interest on it; (d) resell the lot; and (e) claim damages from the buyer. If the seller fails to comply with a notice to complete the buyer may, without affecting any other remedy the buyer has: (a) terminate the contract; and (b) recover the deposit and any interest on it from the seller or, if applicable, a stakeholder.
G8.
If the contract is brought to an end If the contract is lawfully brought to an end: (a) the buyer must return all papers to the seller and appoints the seller its agent to cancel any registration of the contract; and (b) the seller must return the deposit and any interest on it to the buyer (and the buyer may claim it from the stakeholder, if applicable) unless the seller is entitled to forfeit the deposit under condition G7.3.
G9. G9.1
Landlord’s licence Where the lot is or includes leasehold land and licence to assign is required this condition G9 applies. The contract is conditional on that licence being obtained, by way of formal licence if that is what the landlord lawfully requires. The agreed completion date is not to be earlier than the date five business days after the seller has given notice to the buyer that licence has been obtained. The seller must: (a) use all reasonable endeavours to obtain the licence at the seller’s expense; and (b) enter into any authorised guarantee agreement properly required. The buyer must: (a) promptly provide references and other relevant information; and (b) comply with the landlord’s lawful requirements. If within three months of the contract date (or such longer period as the seller and buyer agree) the licence has not been obtained the seller or the buyer may (if not then in breach of any obligation under this condition G9) by notice to the other terminate the contract at any time before licence is obtained. That termination is without prejudice to the claims of either seller or buyer for breach of this condition G9.
G9.2 G9.3 G9.4
G9.5 G9.6
G10. Interest and apportionments G10.1 If the actual completion date is after the agreed completion date for any reason other than the seller’s default the buyer must pay interest at the interest rate on the price (less any deposit paid) from the agreed completion date up to and including the actual completion date. G10.2 Subject to condition G11 the seller is not obliged to apportion or account for any sum at completion unless the seller has received that sum in cleared funds. The seller must pay to the buyer after completion any sum to which the buyer is entitled that the seller subsequently receives in cleared funds. G10.3 Income and outgoings are to be apportioned at actual completion date unless: (a) the buyer is liable to pay interest; and (b) the seller has given notice to the buyer at any time up to completion requiring apportionment on the date from which interest becomes payable by the buyer; in which event income and outgoings are to be apportioned on the date from which interest becomes payable by the buyer. G10.4 Apportionments are to be calculated on the basis that: (a) the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to be made; (b) annual income and expenditure accrues at an equal daily rate assuming 365 days in a year, and income and expenditure relating to some other period accrues at an equal daily rate during the period to which it relates; and (c) where the amount to be apportioned is not known at completion apportionment is to be made by reference to a reasonable estimate and further payment is to be made by seller or buyer as appropriate within five business days of the date when the amount is known. G11. Arrears Part 1 Current rent G11.1 “Current rent” means, in respect of each of the tenancies subject to which the lot is sold, the instalment of rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four months preceding completion. G11.2 If on completion there are any arrears of current rent the buyer must pay them, whether or not details of those arrears are given in the special conditions. G11.3 Parts 2 and 3 of this condition G11 do not apply to arrears of current rent. Part 2 Buyer to pay for arrears G11.4 Part 2 of this condition G11 applies where the special conditions give details of arrears. G11.5 The buyer is on completion to pay, in addition to any other money then due, an amount equal to all arrears of which details are set out in the special conditions. G11.6 If those arrears are not old arrears the seller is to assign to the buyer all rights that the seller h recover those arrears. Part 3 Buyer not to pay for arrears G11.7 Part 3 of this condition G11 applies where the special conditions: (a) so state; or (b) give no details of any arrears.
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G11.8 While any arrears due to the seller remain unpaid the buyer must: (a) try to collect them in the ordinary course of management but need not take legal proceedings or forfeit the tenancy; (b) pay them to the seller within five business days of receipt in cleared funds (plus interest at the interest rate calculated on a daily basis for each subsequent day’s delay in payment); (c) on request, at the cost of the seller, assign to the seller or as the seller may direct the right to demand and sue for old arrears, such assignment to be in such form as the seller’s conveyancer may reasonably require; (d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart of any tenancy against an undertaking to hold it to the buyer’s order; (e) not without the consent of the seller release any tenant or surety from liability to pay arrears or accept a surrender of or forfeit any tenancy under which arrears are due; and (f) if the buyer disposes of the lot prior to recovery of all arrears obtain from the buyer’s successor in title a covenant in favour of the seller in similar form to part 3 of this condition G11. G11.9 Where the seller has the right to recover arrears it must not without the buyer’s written consent bring insolvency proceedings against a tenant or seek the removal of goods from the lot. G12. Management G12.1 This condition G12 applies where the lot is sold subject to tenancies. G12.2 The seller is to manage the lot in accordance with its standard management policies pending completion. G12.3 The seller must consult the buyer on all management issues that would affect the buyer after completion (such as, but not limited to, an application for licence; a rent review; a variation, surrender, agreement to surrender or proposed forfeiture of a tenancy; or a new tenancy or agreement to grant a new tenancy) and: (a) the seller must comply with the buyer’s reasonable requirements unless to do so would (but for the indemnity in paragraph (c)) expose the seller to a liability that the seller would not otherwise have, in which case the seller may act reasonably in such a way avoid that liability; (b) if the seller gives the buyer notice of the seller’s intended act and the buyer does not object within five business days giving reasons for the objection the seller may act as the seller intends; and (c) the buyer is to indemnify the seller against all loss or liability the seller incurs through acting as the buyer requires, or by reason of delay caused by the buyer. G13. Rent deposits G13.1 This condition G13 applies where the seller is holding or otherwise entitled to money by way of rent deposit in respect of a tenancy. In this condition G13 “rent deposit deed” means the deed or other document under which the rent deposit is held. G13.2 If the rent deposit is not assignable the seller must on completion hold the rent deposit on trust for the buyer and, subject to the terms of the rent deposit deed, comply at the cost of the buyer with the buyer’s lawful instructions. G13.3 Otherwise the seller must on completion pay and assign its interest in the rent deposit to the buyer under an assignment in which the buyer covenants with the seller to: (a) observe and perform the seller’s covenants and conditions in the rent deposit deed and indemnify the seller in respect of any breach; (b) give notice of assignment to the tenant; and (c) give such direct covenant to the tenant as may be required by the rent deposit deed. G14. VAT G14.1 Where a sale condition requires money to be paid or other consideration to be given, the payer must also pay any VAT that is chargeable on that money or consideration, but only if given a valid VAT invoice. G14.2 Where the special conditions state that no VAT option has been made the seller confirms that none has been made by it or by any company in the same VAT group nor will be prior to completion. G15. Transfer as a going concern G15.1 Where the special conditions so state: (a) the seller and the buyer intend, and will take all practicable steps (short of an appeal) to procure, that the sale is treated as a transfer of a going concern; and (b) this condition G15 applies. G15.2 The seller confirms that the seller (a) is registered for VAT, either in the seller’s name or as a member of the same VAT group; and (b) has (unless the sale is a standard-rated supply) made in relation to the lot a VAT option that remains valid and will not be revoked before completion. G15.3 The buyer confirms that: (a) it is registered for VAT, either in the buyer’s name or as a member of a VAT group; (b) it has made, or will make before completion, a VAT option in relation to the lot and will not revoke it before or within three months after completion; (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it; and (d) it is not buying the lot as a nominee for another person. G15.4 The buyer is to give to the seller as early as possible before the agreed completion date evidence: (a) of the buyer’s VAT registration; (b) that the buyer has made a VAT option; and (c) that the VAT option has been notified in writing to HM Revenue and Customs; and if it does not produce the relevant evidence at least two business days before the agreed completion date, condition G14.1 applies at completion.
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.
G22. Service Charge G22.1 This condition G22 applies where the lot is sold subject to tenancies that include service charge provisions. G22.2 No apportionment is to be made at completion in respect of service charges. G22.3 Within two months after completion the seller must provide to the buyer a detailed service charge account for the service charge year current on completion showing: (a) service charge expenditure attributable to each tenancy; (b) payments on account of service charge received from each tenant; (c) any amounts due from a tenant that have not been received; (d) any service charge expenditure that is not attributable to any tenancy and is for that reason irrecoverable. G22.4 In respect of each tenancy, if the service charge account shows that: (a) payments on account (whether received or still then due from a tenant) exceed attributable service charge expenditure, the seller must pay to the buyer an amount equal to the excess when it provides the service charge account; (b) attributable service charge expenditure exceeds payments on account (whether those payments have been received or are still then due), the buyer must use all reasonable endeavours to recover the shortfall from the tenant at the next service charge reconciliation date and pay the amount so recovered to the seller within five business days of receipt in cleared funds; but in respect of payments on account that are still due from a tenant condition G11 (arrears) applies. G22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller must pay the expenditure incurred in respect of the period before actual completion date and the buyer must pay the expenditure incurred in respect of the period after actual completion date. Any necessary monetary adjustment is to be made within five business days of the seller providing the service charge account to the buyer. G22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure or a depreciation fund: (a) the seller must pay it (including any interest earned on it) to the buyer on completion; and (b) the buyer must covenant with the seller to hold it in accordance with the terms of the tenancies and to indemnify the seller if it does not do so. G23. Rent reviews G23.1 This condition G23 applies where the lot is sold subject to a tenancy under which a rent review due on or before the actual completion date has not been agreed or determined. G23.2 The seller may continue negotiations or rent review proceedings up to the actual completion date but may not agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer, such consent not to be unreasonably withheld or delayed. G23.3 Following completion the buyer must complete rent review negotiations or proceedings as soon as reasonably practicable but may not agree the level of the revised rent without the written consent of the seller, such consent not to be unreasonably withheld or delayed. G23.4 The seller must promptly: (a) give to the buyer full details of all rent review negotiations and proceedings, including copies of all correspondence and other papers; and (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings. G23.5 The seller and the buyer are to keep each other informed of the progress of the rent review and have regard to any proposals the other makes in relation to it. G23.6 When the rent review has been agreed or determined the buyer must account to the seller for any increased rent and interest recovered from the tenant that relates to the seller’s period of ownership within five business days of receipt of cleared funds. G23.7 If a rent review is agreed or determined before completion but the increased rent and any interest recoverable from the tenant has not been received by completion the increased rent and any interest recoverable is to be treated as arrears. G23.8 The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings. G24. Tenancy renewals G24.1 This condition G24 applies where the tenant under a tenancy has the right to remain in occupation under part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to notices and proceedings under that Act. G24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not without the written consent of the buyer (which the buyer must not unreasonably withhold or delay) serve or respond to any notice or begin or continue any proceedings. G24.3 If the seller receives a notice the seller must send a copy to the buyer within five business days and act as the buyer reasonably directs in relation to it. G24.4 Following completion the buyer must: (a) with the co-operation of the seller take immediate steps to substitute itself as a party to any proceedings; (b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewal of the tenancy and the determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable; and (c) if any increased rent is recovered from the tenant (whether as interim rent or under the renewed tenancy) account to the seller for the part of that increase that relates to the seller’s period of ownership of the lot within five business days of receipt of cleared funds. G24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any proceedings relating to this.
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General conditions of sale
G25. Warranties G25.1 Available warranties are listed in the special conditions. G25.2 Where a warranty is assignable the seller must: (a) on completion assign it to the buyer and give notice of assignment to the person who gave the warranty; and (b) apply for (and the seller and the buyer must use all reasonable endeavours to obtain) any consent to assign that is required. If consent has not been obtained by completion the warranty must be assigned within five business days after the consent has been obtained. G25.3 If a warranty is not assignable the seller must after completion: (a) hold the warranty on trust for the buyer; and (b) at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to the warranty as do not place the seller in breach of its terms or expose the seller to any liability or penalty. G26. No assignment The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part of the buyer’s interest under this contract. G27. Registration at the Land Registry G27.1 This condition G27.1 applies where the lot is leasehold and its sale either triggers first registration or is a registrable disposition. The buyer must at its own expense and as soon as practicable: (a) procure that it becomes registered at Land Registry as proprietor of the lot; (b) procure that all rights granted and reserved by the lease under which the lot is held are properly noted against the affected titles; and (c) provide the seller with an official copy of the register relating to such lease showing itself registered as proprietor. G27.2 This condition G27.2 applies where the lot comprises part of a registered title. The buyer must at its own expense and as soon as practicable: (a) apply for registration of the transfer; (b) provide the seller with an official copy and title plan for the buyer’s new title; and (c) join in any representations the seller may properly make to Land Registry relating to the application. G28. Notices and other communications G28.1 All communications, including notices, must be in writing. Communication to or by the seller or the buyer may be given to or by their conveyancers. G28.2 A communication may be relied on if: (a) delivered by hand; or (b) made electronically and personally acknowledged (automatic acknowledgement does not count); or (c) there is proof that it was sent to the address of the person to whom it is to be given (as specified in the sale memorandum) by a postal service that offers normally to deliver mail the next following business day. G28.3 A communication is to be treated as received: (a) when delivered, if delivered by hand; or (b) when personally acknowledged, if made electronically; but if delivered or made after 1700 hours on a business day a communication is to be treated as received on the next business day. G28.4 A communication sent by a postal service that offers normally to deliver mail the next following business day will be treated as received on the second business day after it has been posted. G29. Contracts (Rights of Third Parties) Act 1999 No one is intended to have any benefit under the contract pursuant to the Contract (Rights of Third Parties) Act 1999.
Extra conditions of sale 1.
Sale by private treaty The Seller reserves the right (and the Auctioneers shall be entitled to exercise that right on behalf of the Seller) to sell the whole or any part of the Lot by private treaty before the auction.
2. Fixtures fittings service media and installations 2.1 The Seller makes no representations the ownership of fixtures fittings electrical wiring and fittings gas fittings and installations or central heating installation or any pipes or any sanitary or other fittings or any fixtures of a type normally described as landlord's fixtures. The Buyer shall satisfy himself the ownership of them and whether or not they or any of them are subject to any conditional or deferred sale or any hire or hire purchase agreements and the sale is subject to the rights of any person in or to them. 2.2 Neither the Seller nor the Auctioneer accepts any liability in respect of payment which may be outstanding in respect of those fixtures fittings and installations or any of them or any other responsibility whatsoever regarding them. 2.3 Where the Seller is a party to any conditional or deferred sale or hire or hire purchase agreement as referred to in Extra Condition 2.1 above the Buyer shall keep the Seller fully and effectively indemnified from and against all costs claims demands and damages and losses and any other expenses arising from any breach non-observance or non-performance of the contract (whether or not resulting from the sale to the Buyer). 3. Parties' Capacity 3.1 If the individual who signed the memorandum in respect of any Lot on behalf of the Buyer is not the same individual who made the successful bid their liability shall be joint and several between them and if neither of them is the principal then the liability will also be joint and several with that of the principal and such individual or individuals are in these Extra Conditions referred to as "the Guarantor". 3.2 If the Buyer shall be a body corporate or a body of trustees then the contract shall be deemed to be entered into at the request of the Guarantor and: 3.2.1 the Guarantor warrants that the Buyer is a properly constituted body corporate or body of trustees of good standing and empowered to purchase any estate or interest in and (or an estate or interest in land of the nature of the Lot) and has or will at the agreed completion date have the funds available to complete the purchase; 3.2.2 the Guarantor warrants that he has been duly authorised by the Buyer to bind the Buyer (and if more than one then each of them) to purchase the Lot. 3.3 The Guarantor (as witnessed by his signing the sale memorandum which he shall be deemed to have done both as agent for the Buyer and himself as Guarantor) guarantees to the Seller that : 3.3.1 he will within five (5) Working Days of any written request from the Seller's solicitors supply reasonable evidence to support the foregoing warranties; 3.3.2 the Buyer will observe and perform his obligations under the contract to purchase the Lot; 3.3.3 he will pay make good and keep the Seller indemnified against all losses actions costs damages and expenses arising by virtue of any neglect or forbearance on the part of the Seller in enforcing or giving time to the Buyer for the performance of the Buyer's contract; and 3.3.4 if the Buyer is a company and enters into liquidation and the liquidator disclaims the contract and if after that the Seller gives not less than 14 days' notice requiring the guarantor to complete the purchase and pay any sums due under the contract then the Guarantor will comply with the requisition. 4. Deposit 4.1 For the purposes of General Condition G2.1(a) the minimum deposit shall be £1,000.00 exclusive of any VAT on the price. 4.2 General Condition G2.2(b) shall be deemed to be deleted and shall be replaced by the following :"The deposit shall be paid to and held by the Auctioneer as agent for the Seller unless the auction conduct conditions provide that it is to be held as stakeholder." 5.
Payment on completion In General Condition G6.3(a) the words "of cleared funds" are to be inserted after the words "direct transfer"
6.
Interest and apportionments The following shall be deemed to be added to General Condition G10.1: "In addition, the Seller shall be entitled to receive income in respect of the Lot during any period of delay in completion up to the actual completion date."
7. Covenants in leases 7.1 The Seller may from the Contract Date and prior to Completion serve notice on any tenant of a Lot in accordance with the Landlord & Tenant (Covenants) Act 1995 seeking a release on the part of the Seller from future liability under the landlord's covenants in any relevant Tenancy. 7.2 if the Seller serves such a notice the Seller shall endeavour to obtain a release but the Seller shall not be required to apply to the Court for a declaration to that effect. The Buyer agrees to supply at the Buyer's cost such information as the Seller may require to satisfy the tenant or the Court that it is reasonable to grant the release. 7.3 if the Seller either fails to obtain a release by Completion or does not serve a notice then the Buyer shall covenant with the Seller in the Transfer: 7.3.1 to serve notice in writing on the Seller on Completion or within five Business Days after Completion of the transfer of the Lot or any part of it by the Buyer to any transferee of the Buyer; and 7.3.2 until the Seller is released from the landlord's covenants, to obtain a covenant from its transferee in favour of the Seller in identical form to this clause 7. Furthermore the parties will apply to the Land Registry to enter in the proprietorship register of the title to the property a restriction preventing the registration of any further transfer unless accompanied by a certificate from the solicitors of the registered proprietor stating either that the provisions of clause 7 have been performed or that the Seller has been released from future liability under the covenants contained in the Tenancy. 8.
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Buyer's fee The Buyer will be required to pay to the Auctioneers an administration fee as detailed in the catalogue (including VAT) in respect of each Lot on completion of the sale memorandum.
Vendors solicitors list
Lot 1
2 Pembury Court, 47 Bolingbroke Grove Wandsworth SW11 6HF London Borough of Wandsworth Legal Department Town Hall Wandsworth High Street Wandsworth London SW18 2PU Tel. 020 8871 7715 Ref: Ms I Munir
Lot 20
25-27 Sweyn Road Cliftonville Margate Kent CT9 2DG CKFT 25-26 Hampstead High Street London NW3 1QA Tel. 020 7317 8705 Ref: Ms M. Brown
Lot 2
24 Stockwell Park Road Stockwell SW9 0AJ Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Ms R Dale
Lot 21
Titan Cottage Bathford Hill Bathford Bath Somerset BA1 7SW Horsey Lightly 20 West Mills Newbury Berkshire RG14 5HG Tel. 01635 580 858 Ref: Mr J Trehern
Lot 4
24c Combermere Road Stockwell SW9 9RE Walker Morris Kings Court 12 King Street Leeds LS1 2HL Tel. 0113 283 2500 Ref: Mr O Ormond
Lot 22
18 The Forty Cricklade Wiltshire SN6 6HW Hamlins LLP Roxburghe House 273/287 Regent Street London W1B 2AD Tel. 020 7355 6000 Ref: A Gordon Esq
Lot 5
92b Woodside Wimbledon SW19 7BA Peacock & Co 94 High Street Wimbledon Village SW19 5 BG Tel. 020 8944 5290 Ref: Mr J. Peacock
Lot 23
Flat 6, Tempra, 152 Lawrence Hill Bristol Avon BS5 0DN Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 6
8 Maton House Estcourt Road Fulham SW6 7HY Broadbridge Grimes 110 Morden Road South Wimbledon London SW19 3BP Tel. 0208 545 1480 Ref: Mr J Dixon
Lot 24
17/17a Earl Street Hastings East Sussex TN34 1SG Wedlake Bell LLP 52 Bedford Row London WC1R 4LR Tel. 020 7406 1609 Ref: Ms S. Lewis
Lot 7
Flat A, 35 Lakeside Road West Kensington W14 0DX Royal Borough of Kensington & Chelsea Town Hall Hornton Street London W8 7NX Ref: Ms J. Muller
Lot 25
7 Lady Mary Road Norwich Norfolk NR1 2QZ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley
Lot 8
38 Arminger Road Shepherds Bush W12 7BB Royal Borough of Kensington & Chelsea Town Hall Hornton Street London W8 7NX Ref: Ms J. Muller
Lot 26
30 Dartmouth Gardens Milford Haven Dyfed SA73 2AP Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 9
28 Lancater Court Darlan Road Fulham SW6 5TB Royal Borough of Kensington & Chelsea Town Hall Hornton Street London W8 7NX Ref: Ms J. Muller
Lot 28
7 Arnold Cottages London Road Milton Keynes Buckinghamshire MK19 6AE Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 29
32 Wooton Court New Bradwell Milton Keynes Buckinghamshire MK13 0AX Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 30
1 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 31
9 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 32
11 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms S Nethaway
Lot 34
Station Buildings Cross Road Tadworth Surrey KT20 5SR Attwells Solicitors LLP Beacon House White House Road Ipswich IP1 5PB Tel. 01473 746 000 Ref: Mr N Attwell
Lot 35
4 Knights Hill West Norwood SE27 0HY Pitmans LLP 1 Crown Court 66 Cheapside London EC2V 6LR Tel. 0207 634 4620 Ref: Mr D. Cross
Lot 10
406 Sullivan Court Peterborough Road Fulham SW6 3DL Royal Borough of Kensington & Chelsea Town Hall Hornton Street London W8 7NX Ref: Ms J. Muller
Lot 11
1 Zion Place Thornton Heath Surrey CR7 8RR TWM Solicitors LLP Kings Shade Walk 123 High Street Epsom Surrey KT19 8AU Tel. 01372 729 555 Ref: Mrs A. Fowler
Lot 12
47 Commonside East Mitcham Surrey CR4 2QA Segens Blount Petre Solicitors 52-54 Carter Lane London EC4V 5EF Tel. 020 7332 2222 Ref: Mr M. Segen
Lot 13
11 St. James's Lodge, 69 Lower Addiscombe Road Croydon Surrey CR0 6PR TWM Solicitors LLP Kings Shade Walk 123 High Street Epsom Surrey KT19 8AU Tel. 01372 729 555 Ref: Mrs A. Fowler
Lot 14
Flat 3, Broadway House Bromley Road Bromley Kent BR1 4PA Michael Simkins LLP Lynton House 7-12 Tavistock Square London WC1H 9LT Tel. 020 7874 5600 Ref: Mr S Mamujee
Lot 15
39 Aylesbury Road Walworth SE17 2EQ Seddons Solicitors 5 Portman Square London W1H 6NT Tel. 020 7725 8000 Ref: Mr P. Pierides
Lot 16
63a Overhill Road East Dulwich SE22 0PQ Thackray Williams 73 Station Road West Wicham Kent BR4 0QG Tel. 0208 777 6698 Ref: Mr K. Gauntlet
Lot 17
The Old Mission Hut, Kings Road, South Norwood SE25 Winckworth Sherwood Minerva House 5 Montague Close London SE1 9BB Tel. 020 7593 5000 Ref: Mr P Morris
Lot 36
11 Wastdale Road Forest Hill SE23 1HN Pitmans LLP 1 Crown Court 66 Cheapside London EC2V 6LR Tel. 0207 634 4620 Ref: Mr D. Cross
Lot 18
36 Jamieson House Edgar Road Hounslow Middlesex TW4 5QQ Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 37
The Fellowship Inn Randlesdown Road Catford SE6 3BT Kimbells Freeth Solicitors Power House Harrison Close Knowhill Milton Keynes MK5 8PA Tel. 01908 668 555 Ref: Mr C. Ainsworth
Lot 38 Lot 19
61 Lewisham Hill Lewisham SE13 7PL Batchelors Charles House 35 Widmore Road Bromley Kent BR1 1 RW Tel. 020 8768 7000 Ref: Ms C Bayfield
Granyte House Delamare Road Cheshunt Waltham Cross Hertfordshire EN8 9SP Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms C Brignall
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Vendors solicitors list
Lot 39
220, 222 & 224 Hornsey Road Hornsey N7 7LL Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms C Brignall
Lot 58
76 Palace Road Bromley Kent BR1 3JX Ross & Craig Swift House 12a Upper Berkeley Street London W1H 7PE Tel. 020 7262 3077 Ref: Mr P. Bardsley
Lot 40
78 King Street Whitehaven Cumbria CA28 7LE Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 59
2 Harold Avenue Belvedere Kent DA17 5NW Apex Law LLP 1 Thirlmere Road Bexleyheath Kent DA7 6PU Tel. 01322 333 201 Ref: Ms M. Compton
Lot 41
Bournes High Street Brenchley Tonbridge Kent TN12 7NQ Kuit Steinart Levy LLP 3 St Marys Parsonage Manchester M3 2RD Tel. 0161 832 3434 Ref: Mr D. Marlor
Lot 60
The Lodge Maxwell Road Brompton Chatham Kent ME7 5SG DIO Legal Team Ministry of Defence Poplar 2b, #2216 Abbey Wood Bristol BS34 8JH Tel. 030 679 83820 Ref: Mrs H Nunn
Lot 42
4b Fircroft Business Centre Fircroft Way Edenbridge Kent TN8 6EN Morrisons Clarendon House Clarendon Road Redhill RH1 1FB Tel. 01737 854 500 Ref: Ms M. Waller
Lot 61
Church Hall Maxwell Road Brompton Chatham Kent ME7 5SG DIO Legal Team Ministry of Defence Poplar 2b, #2216 Abbey Wood Bristol BS34 8JH Tel. 030 679 83820 Ref: Mrs H Nunn
Lot 43
204 Wellingborough Road Rushden Northamptonshire NN10 9SX Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms H Rickard
Lot 62
27 Radley House Wolvercote Road London SE2 9TW Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 44
Marlborough House, 32-36 Hazelwood Road Northampton Northamptonshire NN1 1LN Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms H Batter
Lot 63
The Annexe rear of 204 Woodside Green South Norwood SE25 5EW Pococks Solicitors 63 Oxford Street Whitstable Kent CT5 1DA Tel. 01227 770 222 Ref: Mr A. Lawrie
Lot 45
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 64
1 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms K Lord
Lot 46
Site rear of 89 Park Hill Clapham SW4 9NX Ashley Wilson Solicitors 19-21 Grosvenor Gardens Belgravia SW1W 0BD Tel. 020 7802 4802 Ref: Mr M. Hassan
Lot 65
5 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Mr B Sutton
Lot 47
Land to the rear of 121 Jersey Road Isleworth Middlesex TW7 4QR DWF Solicitors Bridgewater Place Water Lane Leeds LS11 5DY Tel. 0113 261 6000 Ref: Ms E Daley
Lot 66
12 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Mr B Sutton
Lot 48
Land rear of 17 - 20 Rosebery Avenue Thornton Heath Surrey CR7 8PT Waran & Co 5A Clapham Common Southside London SW4 7AA Tel. 020 7498 3328 Ref: Mrs Waran
Lot 67
6 Pennycress Way Newport Pagnell Milton Keynes MK16 8TT Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms A Potter
Lot 49
Land adjacent to 37 Freta Road Bexleyheath Kent DA6 8NZ Baynards Solicitors 308 The Broadway Bexleyheath Kent DA6 8AA Tel. 020 8304 5113 Ref: Ms V. Baynard
Lot 68
50 Cannock Road Corby Northamptonshire NN17 1BS Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Mr B Sutton
Lot 50
Land adjacent to 84c Brockley Crescent Romford Essex RM5 3JX Walter Saunders & Co 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A. Currie
Lot 69
72 Cannock Road Corby Northamptonshire NN17 1BS Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms K Lord
Lot 53
26 Ropers Avenue Chingford E4 9EQ Manches LLP Aldwych House 81 Aldwych London WC2B 4RP Tel. 020 7404 4433 Ref: Mr J. Harrison
Lot 71
103 Bonchurch Road Brighton East Sussex BN2 3PJ Leeds Day Solicitors 1a South Street St. Neots Cambridgeshire PE19 2BW Tel. 01480 474661 Ref: Ms S. Lawson
Lot 54
22 Brettenham Road Edmonton N18 2ET Bude Nathan Iwanier 1-2 Temple Fortune Parade Bridge Lane London NW11 OQN Tel. 020 8458 5656 Ref: Mr S. Pariente
Lot 72
116 Hebdon Road Tooting SW17 7NN Douglas Wignall & Co 44 Essex Street Strand London WC2R 3IF Tel. 020 7583 1362 Ref: Mr D. Wignall
Lot 55
35 Chaucer Court Milton Garden Estate Stoke Newington N16 8TS 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
39 Dundalk Road Brockley SE4 2JJ Charles Russell LLP Compass House Lypiatt Road Cheltenham Gloucestershire GL50 2QJ Tel. 01242 221122 Ref: Ms S Pascoe
Lot 56
41 Black Boy Wood Bricket Wood St. Albans Hertfordshire AL2 3LW Ross & Craig Swift House 12a Upper Berkeley Street London W1H 7PE Tel. 020 7262 3077 Ref: Mr P. Bardsley
Lot 74
11 Albury Street Deptford SE8 3PT Charles Russell LLP Compass House Lypiatt Road Cheltenham Gloucestershire GL50 2QJ Tel. 01242 221122 Ref: Ms S Pascoe
Lot 57
43 Gilby House Berger Road Hackney E9 6HU Jefferies Essex LLP 3rd Floor Dencora Court Tylers Avenue Southend on Sea Essex SS1 2BB Tel. 01702 332 311 Ref: Mr M. Hidveghy
Lot 75
37 Colls Road Peckham SE15 2NU Charles Russell LLP Compass House Lypiatt Road Cheltenham Gloucestershire GL50 2QJ Tel. 01242 221122 Ref: Ms S Pascoe
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November auction Guide prices
auctioneers • estate agents • surveyors
Auction sale Monday 4th November 2013 Guide/floor prices are issue with responsibility and as a general indication of the current level of the vendor’s intentions as to the reserve price. The sale price is expected to exceed the Guide/floor price and in some cases significantly, depending on market activity. Vendors reserve the right to set such reserve prices as they see fit. *Guide price note: Guide/floor prices can vary and updates are available on Tuesdays and Fridays and the day before the auction on line at www.as-r.co.uk: (Auctions: Catalogues: View Catalogue on line) or telephone 020 7703 4401. Lot
Address
Guide/floor price
Lot
Address
Guide/floor price
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38
2 Pembury Court, 47 Bolingbroke Grove Wandsworth SW11 6HF 24 Stockwell Park Road Stockwell SW9 0AJ 385a Clapham Road Stockwell SW9 9BT 24c Combermere Road Stockwell SW9 9RE 92b Woodside Wimbledon SW19 7BA 8 Maton House Estcourt Road Fulham SW6 7HY Flat A, 35 Lakeside Road West Kensington W14 0DX 38 Arminger Road Shepherds Bush W12 7BB 28 Lancater Court Darlan Road Fulham SW6 5TB 406 Sullivan Court Peterborough Road Fulham SW6 3DL 1 Zion Place Thornton Heath Surrey CR7 8RR 47 Commonside East Mitcham Surrey CR4 2QA 11 St. James's Lodge, 69 Lower Addiscombe Road Croydon Surrey CR0 6PR Flat 3, Broadway House Bromley Road Bromley Kent BR1 4PA 39 Aylesbury Road Walworth SE17 2EQ 63a Overhill Road East Dulwich SE22 0PQ The Old Mission Hut Kings Road South Norwood SE25 36 Jamieson House Edgar Road Hounslow Middlesex TW4 5QQ 61 Lewisham Hill Lewisham SE13 7PL 25-27 Sweyn Road Cliftonville Margate Kent CT9 2DG Titan Cottage Bathford Hill Bathford Bath Somerset BA1 7SW 18 The Forty Cricklade Wiltshire SN6 6HW Flat 6, Tempra, 152 Lawrence Hill Bristol Avon BS5 0DN 17 / 17a Earl Street Hastings East Sussex TN34 1SG 7 Lady Mary Road Norwich Norfolk NR1 2QZ 30 Dartmouth Gardens Milford Haven Dyfed SA73 2AP Withdrawn 7 Arnold Cottages London Road Milton Keynes Buckinghamshire MK19 6AE 32 Wooton Court New Bradwell Milton Keynes Buckinghamshire MK13 0AX 1 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ 9 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ 11 Calvie Croft Hodge Lea Milton Keynes Buckinghamshire MK12 6JZ Withdrawn Station Buildings Cross Road Tadworth Surrey KT20 5SR 4 Knights Hill West Norwood SE27 0HY 11 Wastdale Road Forest Hill SE23 1HN The Fellowship Inn Randlesdown Road Catford SE6 3BT Granyte House Delamare Road Cheshunt Waltham Cross Hertfordshire EN8 9SP
£230,000 + £685,000 + Withdrawn £300,000 + £300,000 + £200,000 + £300,000 + £300,000 + £290,000 + £170,000 + £150,000 + £180,000 + £115,000 + £105,000 + £195,000 + £290,000 + £30,000 + £80,000 + £1,500,000 + £790,000 + £800,000 + £200,000 + £80,000 + £100,000 + £85,000 + £55,000 +
39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75
220, 222 & 224 Hornsey Road Hornsey N7 7LL 78 King Street Whitehaven Cumbria CA28 7LE Bournes High Street Brenchley Tonbridge Kent TN12 7NQ 4b Fircroft Business Centre Fircroft Way Edenbridge Kent TN8 6EN 204 Wellingborough Road Rushden Northamptonshire NN10 9SX Marlborough House, 32-36 Hazelwood Road Northampton Northamptonshire NN1 1LN 113-113a Queens Road Croydon Surrey CR0 2PT Site rear of 89 Park Hill Clapham SW4 9NX Land to the rear of 121 Jersey Road Isleworth Middlesex TW7 4QR Land rear of 17 - 20 Rosebery Avenue Thornton Heath Surrey CR7 8PT Land adjacent to 37 Freta Road Bexleyheath Kent DA6 8NZ Land adjacent to 84c Brockley Crescent Romford Essex RM5 3JX Withdrawn Withdrawn 26 Ropers Avenue Chingford E4 9EQ 22 Brettenham Road Edmonton N18 2ET 35 Chaucer Court Milton Garden Estate Stoke Newington N16 8TS 41 Black Boy Wood Bricket Wood St. Albans Hertfordshire AL2 3LW 43 Gilby House Berger Road Hackney E9 6HU 76 Palace Road Bromley Kent BR1 3JX 2 Harold Avenue Belvedere Kent DA17 5NW The Lodge Maxwell Road Brompton Chatham Kent ME7 5SG Church Hall Maxwell Road Brompton Chatham Kent ME7 5SG 27 Radley House Wolvercote Road London SE2 9TW The Annexe rear of 204 Woodside Green South Norwood SE25 5EW 1 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD 5 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD 12 Addenbrookes Road Newport Pagnell Milton Keynes MK16 9FD 6 Pennycress Way Newport Pagnell Milton Keynes MK16 8TT 50 Cannock Road Corby Northamptonshire NN17 1BS 72 Cannock Road Corby Northamptonshire NN17 1BS Withdrawn 103 Bonchurch Road Brighton East Sussex BN2 3PJ 116 Hebdon Road Tooting SW17 7NN 39 Dundalk Road Brockley SE4 2JJ 11 Albury Street Deptford SE8 3PT 37 Colls Road Peckham SE15 2NU
£750,000 + £225,000 + £290,000 + £70,000 + £75,000 + £140,000 + Sold £230,000 + £140,000 + £50,000 + £170,000 + £170,000 +
£30,000 £80,000 £95,000 £95,000 £95,000
+ + + + +
£285,000 + £90,000 + £90,000 + £50,000 + £450,000 +
Central London 21-23 Mossop Street, Chelsea, London SW3 2LY T: 020 7808 8530 F: 020 7581 1973 South London 75 Camberwell Church Street, Camberwell, London SE5 8TU T: 020 7703 4401 F: 020 7708 1981 Dx: 35317 Camberwell Green
£210,000 + £140,000 + £135,000 + £135,000 + £150,000 + £185,000 + £170,000 + £50,000 + £75,000 + £85,000 + £40,000 + £90,000 + £70,000 + £90,000 + £60,000 + £85,000 + £85,000 + £12,000 + £6,000 + £6,000 + £7,200 + £6,000 +
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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 call us on 020 7808 8530 or email auctions@as-r.co.uk.
www.as-r.co.uk Offices in Chelsea, Wimbledon and Camberwell
E: auctions@as-r.co.uk
Professional Property People
November auction Viewing times and dates
auctioneers • estate agents • surveyors
Notes: 1. Where times are specified our staff will attend to open up the premises at these times. There is no need to register, just turn up for the viewing. Keys will not be released to individuals. 2. SPECIAL NOTICE: Some of these properties are generally in poor condition, some with missing floorboards, falling ceilings, and other defects. Fittings and fixtures might be broken or missing and there might be an accumulation of furniture, personal effects and rubbish in the premises. Purchasers take the properties “as is” at the time of completion. Viewing is at your own risk and you are advised to bring a torch and be very careful. The auctioneers take no responsibility for any accidents, losses or damages. 3. Whilst our viewing agents make every effort to keep to the scheduled times, circumstances may lead to a delay and accordingly we ask prospective buyers to be tolerant in such situations. Code
Lot
Address
Tues 22nd October
Wed 23rd October
Thurs 24th October
PD
1
2 Pembury Court, 47 Bolingbroke Grove Wandsworth SW11 6HF
PD
2
24 Stockwell Park Road Stockwell SW9 0AJ
-
3
385a Clapham Road Stockwell SW9 9BT
O
5
92b Woodside Wimbledon SW19 7BA
PD
6
8 Maton House Estcourt Road Fulham SW6 6HY
1.45pm
1.45pm
1.45pm
1.45pm
1.45pm
PD
7
First Floor Flat A, 35 Lakeside Road West Kensington W14 0DX
2.45pm
2.45pm
2.45pm
2.45pm
2.45pm
PD
8
First Floor Flat, 38 Arminger Road Shepherds Bush W12 7BB
3.30pm
3.30pm
3.30pm
3.30pm
3.30pm
PD
9
28 Lancater Court Darlan Road Fulham SW6 5TB
1.00pm
1.00pm
1.00pm
1.00pm
1.00pm
PD
10
406 Sullivan Court Peterborough Road Fulham SW6 3DL
12.15pm
12.15pm
12.15pm
12.15pm
12.15pm
MG
11
1 Zion Place Thornton Heath Surrey CR7 8RR
1.45pm
1.45pm
1.45pm
1.45pm
1.45pm
MG
12
47 Commonside East Mitcham Surrey CR4 2QA
3.30pm
3.30pm
3.30pm
3.30pm
3.30pm
MG
13
11 St. James's Lodge, 69 Lower Addiscombe Road Croydon Surrey CR0 6PR
2.30pm
2.30pm
2.30pm
2.30pm
2.30pm
MG
14
Flat 3, Broadway House Bromley Road Bromley Kent BR1 4PA
11.30am
11.30am
11.30am
11.30am
11.30am
PD
15
39 Aylesbury Road Walworth SE17 2EQ
9.30am
9.30am
9.30am
9.30am
9.30am
MG
16
63a Overhill Road East Dulwich SE22 0PQ
10.45am
10.45am
10.45am
10.45am
10.45am
MG
17
The Old Mission Hut Kings Road South Norwood SE25
1.00pm
1.00pm
1.00pm
1.00pm
1.00pm
MG
19
61 Lewisham Hill Lewisham SE13 7PL
10.00am
10.00am
10.00am
10.00am
10.00am
PH
20
25-27 Sweyn Road Cliftonville Margate Kent CT9 2TG
NEIGH
22
18 The Forty Cricklade Wiltshire SN6 6HW
10.30am
10.30am
10.30am
10.30am
10.30am
SN
24
17 / 17a Earl Street Hastings East Sussex TN34 1SG
1.15pm
1.15pm
1.15pm
1.15pm
1.15pm
MA
29
32 Wooton Court New Bradwell Milton Keynes MK13 0AX
Phone Auctioneers Tel: 020 7703 4401
MA
31
9 Calvie Croft Hodge Lea Milton Keynes MK12 6JZ
Phone Auctioneers Tel: 020 7703 4401
MG
34
Station Buildings Cross Road Tadworth Surrey KT20 5SP
4.30pm
4.30pm
MA
43
204 Wellingborough Road Rushden Northamptonshire NN10 9SX
Phone Auctioneers Tel: 020 7703 4401
MA
44
Marlborough House, 32-36 Hazelwood Road Northampton, Northamptonshire NN1 1LN
Phone Auctioneers Tel: 020 7703 4401
11.15am 10.15am Withdrawn
Fri 25th October
Mon 28th October
11.15am
11.15am
10.15am
10.15am
10.15am
10.15am
Withdrawn
Withdrawn
Withdrawn
Withdrawn
Tues 29th October
Wed 30th October 11.15am
Thurs 31st October
Fri 1st November 11.15am
Phone Auctioneers Tel: 020 7703 4401
3.00pm
3.00pm
4.30pm
4.30pm
3.00pm
4.30pm
3.00pm
www.as-r.co.uk
Viewing times and dates (cont)
auctioneers • estate agents • surveyors
Code
Lot
Address
Tues 22nd October
Wed 23rd October
MA
53
26 Ropers Avenue Chingford E4 9EQ
MA
54
22 Brettenham Road Edmonton N18 2ET
10.30am
10.30am
10.30am
10.30am
10.30am
MA
56
41 Black Boy Wood Bricket Wood St. Albans AL2 3LW
12noon
12noon
12noon
12noon
12noon
MG
58
76 Palace Road Bromley Kent BR1 3JX
12.15pm
12.15pm
12.15pm
12.15pm
12.15pm
MG
59
2 Harold Avenue Belvedere Kent DA17 5NW
9.00am
9.00am
9.00am
9.00am
9.00am
PH
60
The Lodge Maxwell Road Brompton Kent ME7 5SG
10.00am
10.00am
10.00am
10.00am
10.00am
PH
61
Church Hall Maxwell Road Brompton Kent ME7 5SG
10.30am
10.30am
10.30am
10.30am
10.30am
MA
68
50 Cannock Road Corby Nothamptonshire NN17 1BS
Phone Auctioneers Tel: 020 7703 4401
MA
69
72 Cannock Road Corby Northamptonshire NN17 1BS
Phone Auctioneers Tel: 020 7703 4401
9.30am
Thurs 24th October
Fri 25th October
Mon 28th October
9.30am
9.30am
Tues 29th October
Wed 30th October
Thurs 31st October
9.30am
Fri 1st November 9.30am
Professional Property People
Auctions Central London
Auctions South London
Residential Sales & Lettings
Residential Sales & Lettings
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
50 Wimbledon Hill Road Wimbledon SW19 7PA
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 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
T: 020 8971 4999 F: 020 8971 4954 E: commercial@as-r.co.uk
www.as-r.co.uk E: auctions@as-r.co.uk
Central London 21-23 Mossop Street, Chelsea, London SW3 2LY T: 020 7808 8530 F: 020 7581 1973 South London 75 Camberwell Church Street, Camberwell, London SE5 8TU T: 020 7703 4401 F: 020 7708 1981 Dx: 35317 Camberwell Green
Sale memorandum Date
Name of Seller
Name and address of Buyer
The Lot
The Price (excluding any VAT)
Deposit paid
The Seller agrees to sell and the Buyer agrees to buy the Lot for the Price. This agreement is subject to the Conditions so far as they apply to the Lot. We acknowledge receipt of your deposit.
Signed by, or on behalf of the Buyer
Signed by andrew scott robertson as agent for the Seller The Buyers solicitors are:
Address
Contact
andrew scott robertson is a trading name of AR & QS Holdings Limited Registered Office: 75 Camberwell Church Street, Camberwell, London SE5 8TU. Registered No: 7956401 England
Hotel Russell
(side entrance)
Venue
Central London
Hotel Russell 1-8 Russell Square London WC1B 5BE T: 020 7837 6470 F: 020 7837 2857
21-23 Mossop Street Chelsea, London SW3 2LY T: 020 7808 8530 F: 020 7581 1973
Nearest tube Russell Square (Piccadilly line) Holborn (Central & Piccadilly lines)
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 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