ASR property auction 21 July 14

Page 1

CH PL A EA HO NG SE TE E O NO L R F TE US VEN SE U LL E

property auction Monday 21st July 2014

Venue:

Hotel Russell, Russell Square London WC1B 5BE


Professional Property People

Auctions Central London

Auctions South London

Commercial Property & Professional Services

45 Pont Street Knightsbridge London SW1X 0BD

75 Camberwell Church Street Camberwell, London SE5 8TU

24 High Street Wimbledon Village SW19 5DX

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

T: 020 7808 8530 F: 020 7708 1981 E: auctions@as-r.co.uk

Residential Sales & Lettings 75 Camberwell Church Street Camberwell, London SE5 8TU

Robin Cripp

Jeremy Lamb

robincripp@as-r.co.uk

jeremylamb@as-r.co.uk

John Weatherall

Dominic Smith

johnweatherall@as-r.co.uk

dominicsmith@as-r.co.uk

Marcia Antiedu

Michael Atwood

marciaantiedu@as-r.co.uk

michaelatwood@as-r.co.uk

24 High Street Wimbledon Village SW19 5DX

Jayne Mountain

T: 020 8971 6780 F: 020 8946 3683 E: residential@as-r.co.uk

jaynemountain@as-r.co.uk

Long Hoang longhoang@as-r.co.uk

T: 020 7703 4401 F: 020 7708 1981 E: camberwell@as-r.co.uk Dx: 35317 Camberwell Green

50 Wimbledon Hill Road Wimbledon SW19 7PA T: 020 8971 3800 F: 020 8944 8624 E: residential@as-r.co.uk

www.as-r.co.uk


Prelim Pages July 2014 03/07/2014 16:56 Page 1

July auction sale Monday 21st July 2014 Comprising 115 lots of residential and commercial property for occupation, investment and development.

Please note start time 12 noon July 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.....................................................................................16 Lots 1-115 ...................................................................................................17 Common auction conditions.............................................................72 Extra conditions ........................................................................................77 Vendors solicitors list................................................................................78 Sale memorandum................................................................................81

By order of The London Borough of Enfield The London Borough of Lambeth Affinity Sutton Grainger Plc Mountview Estates Plc The Treasury Solicitors LPA Receivers Executors Mortgagees Trustees Public & Private Limited Companies Others

1


Prelim Pages July 2014 03/07/2014 16:56 Page 2

Alphabetical index

A

G

P

60

41 Adamsrill Road Sydenham SE26 4AJ

6

39 Gateway Walworth SE17 3UE

100

4-10 (even) Patricia Road Norwich Norfolk NR1 2PF

59

Flat 13 Foxcote 150 Albany Road Camberwell SE5 0AL

63

86 Gavestone Road Lee SE12 9BW

101

113

Flats 1-9, 16 Gipsy Hill Upper Norwood SE19 1NL

12-22 (even) Patricia Road Norwich Norfolk NR1 2PE

102

24-34 (even) Patricia Road Norwich Norfolk NR1 2PE

103

36-42 (even) Patricia Road Norwich Norfolk NR1 2PE

104

1-7 (odd) Patricia Road Norwich Norfolk NR1 2PF

105

19-25 (odd) Patricia Road Norwich Norfolk NR1 2PE

106

27-37 (odd) Patricia Road Norwich Norfolk NR1 2PE

107

39-45 (odd) Patricia Road Norwich Norfolk NR1 2PE

68

Garages 8-19 Patricia Road Norwich Norfolk NR1 2PF

26

116-118 Anerley Park Penge SE20 8NU

1

46a Astonville Street Southfields SW18 5AL

5

5 Aylesbury Road Walworth SE17 2EQ

B

H 25

Shepherds Cottage Harts Lane Biddestone Chippenham Wiltshire SN14 7DQ

28

131 High Street Barnet Hertfordshire EN5 5UZ

49

Land to Rear of 29 Honor Oak Park Forest Hill SE23 1DZ

47

Land and Tennis Court at Ulverscroft Bakeham Lane Englefield Green Egham Surrey TW20 9TT

9

Flat 1 Raie Maisonettes, 383 Barry Road East Dulwich SE22 0JZ

52

15 Bata Avenue East Tilbury Essex RM18 8SD

J

74

3/3a Beechwood Avenue Greenford Middlesex UB6 9UA

70

Garages 9 & 10 Josephine Close Norwich Norfolk NR1 2PG

10

38a Bensham Lane Croydon Surrey CR0 2RQ

86

1-4 Josephine Close Norwich Norfolk NR1 2PG

17

3 Blackhorse Road Sidcup Kent DA14 6ET

87

5-8 Josephine Close Norwich Norfolk NR1 2PG

34

76 Peckham High Street Peckham SE15 5ED

88

9-12 Josephine Close Norwich Norfolk NR1 2PG

35

114 Peckham High Street Peckham SE15 5ED

89

13-24 Josephine Close Norwich Norfolk NR1 2PG

11

20 Pelham Road Wimbledon SW19 1SX

90

25-28 Josephine Close Norwich Norfolk NR1 2PG

32

57 Penge Road South Norwood SE25 4EJ

91

29-32 Josephine Close Norwich Norfolk NR1 2PG

92

33-36 Josephine Close Norwich Norfolk NR1 2PG

42 56 57

7 - 9 Brockley Cross Brockley SE4 2AB Flat B, 48 Bromar Road Camberwell SE5 8DL Flat 1, 32 Brookhill Road Plumstead SE18 6TU

C

Q 33

20

Flat 2, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ

21

Flat 4, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ

22

Flat 6, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ

27

151 Camberwell New Road Camberwell SE5 0SU

9 Queensway Redhill Surrey RH1 1QT

K 3

97a Klea Avenue Clapham SW4 9HZ

L 93

2-8 Lady Betty Road Norwich Norfolk NR1 2QU

94

5-8 Lady Mary Road Norwich Norfolk NR1 2QZ

R 65

149 Ramsgate Road Margate Kent CT9 4EY

110

42 Renfrew Road Kennington SE11 4BF

4

96 Riggindale Road Streatham SW16 1QJ

37

Units 4 & 5, 42-54 Camden Road Tunbridge Wells Kent TN1 2QD

95

9-14 Lady Mary Road Norwich Norfolk NR1 2RA

S

36

161 Castle Road Bedford MK40 3RT

96

15-18 Lady Mary Road Norwich Norfolk NR1 2RA

61

62

Flat 4, 41 Catford Hill Catford SE6 4NU

97

19-22 Lady Mary Road Norwich Norfolk NR1 2RA

7

2b Shenley Road Camberwell SE5 8NN

115

121 Cherry Tree Lane Rainham Essex RM13 8TT

98

23-26 Lady Mary Road Norwich Norfolk NR1 2RA

38

71 Sidcup High Street Sidcup Kent DA14 6DW

79

1-4 Christopher Close Norwich Norfolk NR1 2PQ

99

29-32 Lady Mary Road Norwich Norfolk NR1 2RB

64

102 Southwood Road New Eltham SE9 3QS

80

5-8 Christopher Close Norwich Norfolk NR1 2PQ

69

108

81

9-12 Christopher Close Norwich Norfolk NR1 2PQ

Garages 3-16 Lady Mary Road Norwich Norfolk NR1 2QZ

1-5 (odd) St. Albans Road & 28 Lady Mary Road Norwich Norfolk NR1 2QX

82

13-24 Christopher Close Norwich Norfolk NR1 2PQ

71

109

83

25-28 Christopher Close Norwich Norfolk NR1 2PQ

Garages 17-19 Lady Mary Road Norwich Norfolk NR1 2QZ

2-6 (even) St. Albans Road & 27 Lady Mary Road Norwich Norfolk NR1 2QY

84

29-32 Christopher Close Norwich Norfolk NR1 2PQ

72

Garage 30 Lady Mary Road Norwich Norfolk NR1 2QZ

19

534 Streatham High Road Streatham SW16 3QF

85

33-36 Christopher Close Norwich Norfolk NR1 2PQ

46

50

Former Site Office 14 Sutton Approach Killingbeck Leeds LS14 6AH

67

Garages 7-8 Christopher Close & Land at Josephine Close Norwich Norfolk NR1

Garages 9 & 10 Lances Close Meopham Kent DA13 0EU

29

305 Sydenham Road Sydenham SE26 5EW

66

Flat 5 The Old Flour Mill 113 London Road Dover Kent CT17 0TQ

Flat 2, 43 Selhurst Road South Norwood SE25 5QA

41

192 & 192a Court Road Mottingham SE9 4EW

55

66c Cricklewood Broadway Cricklewood NW2 3EP

31

47 London Road Forest Hill SE23 3TY

T

Garages opposite 38-40 Croyland Road Edmonton N9 7AY

8

553c Lordship Lane East Dulwich SE22 8LB

44

12

102 Lower Richmond Road Putney SW15 1LN

Garages adjacent to 28 Turin Road Edmonton N9 8BT

75

44/45 Tyeshurst Close Abbey Wood SE2 0DZ

45

M

D 58

169b Deptford High Street Deptford SE8 3NU

112

3 Dumbarton Road Brixton SW2 5LT

E 76

51 Earls Court Square Earls Court SW5 9DG

77

53 - 55 Earls Court Square Earls Court SW5 9DG

53

114 Earls Hall Avenue Southend-on-Sea Essex SS2 6NS

73

21/21a Epsom Road Morden Surrey SM4 5PN

V

40

124a & 124b Main Road Biggin Hill Westerham Kent TN16 3BA

15

54

12 Willington Court 8 Mandeville Street Clapton E5 0DQ

W

48

Site at Maya Close and Gordon Road Peckham SE15 2AQ

23

Lower Ground Floor Flat 87 Warwick Road Earls Court SW5 9EZ

51

82 Mayfair Avenue Ilford Essex IG1 3DQ

24

18

122 McLeod Road Abbey Wood SE2 0BS

Flat 1, 3-7 & 9-10, 66 Warwick Road Earls Court SW5 9EJ

39

2 Welling Way & 211-213 Bellegrove Road Welling Kent DA16 3RQ

N 114

194 New Cross Road New Cross SE14 5AD

F 14

5 Tanyard Cottages Farnham Road Petersfield Hampshire GU32 2AW

2

17 Finborough Road Tooting SW17 9HY

2

www.as-r.co.uk

30

23-25 Whitley Street Reading Berkshire RG2 0EG

78

1 Wickham Road Brockley SE4 1PF

43

Broseley House Widnes Road Widnes Cheshire WA8 6AH

16

1 Woodlands Grove Isleworth Middlesex TW7 6NS

13

1 Gardeners Cottages Woodlands Walk Blackwater Camberley Surrey GU17 9HT

O 111

Flats 1-6, 9c Ockley Road Streatham SW16 1UG

4a Vaughan Road Harrow Middlesex HA1 4EE


Prelim Pages July 2014 03/07/2014 16:56 Page 3

Property type

Freehold three floor linked semi-detached house arranged as 6 self-contained residential units. Development potential subject to consents - Full vacant possession – Offered on behalf of the London Borough of Lambeth

Streatham Freehold Vacant Houses Abbey Wood Biddestone Wiltshire East Tilbury Ilford Petersfield Hampshire Sidcup Southend-on-Sea Tooting Walworth

96 Riggindale Road

122 McLeod Road Shepherds Cottage Harts Lane 15 Bata Avenue 82 Mayfair Avenue 5 Tanyard Cottages Farnham Road 3 Blackhorse Road 114 Earls Hall Avenue 17 Finborough Road 5 Aylesbury Road

Freehold Part Vacant Property Isleworth 1 Woodlands Grove

Leasehold Vacant Flats Camberwell Flat 6, 5 -58 Camberwell Church Street Camberwell 2b Shenley Road Catford Flat 4, 41 Catford Hill Clapham 97a Klea Avenue Cricklewood 66c Cricklewood Broadway Croydon 38a Bensham Lane Deptford 169b Deptford High Street East Dulwich Flat 1 Raie Maisonettes, 383 Barry Road East Dulwich 553c Lordship Lane Harrow 4a Vaughan Road New Eltham 102 Southwood Road Walworth 39 Gateway Freehold Garage Investments Meopham Kent Garages 9 & 10 Lances Close Norwich Garages 3-16 Lady Mary Road Norwich Garages 17-19 Lady Mary Road Norwich Garage 30 Lady Mary Road Norwich Garages 9 & 10 Josephine Close Norwich Garages 8-19 Patricia Road Leasehold Vacant Flat

Residential Investments Camberwell Flat 2, 56-58 Camberwell Church Street Camberwell Flat 4, 56-58 Camberwell Church Street Camberwell Flat 13 Foxcote 150 Albany Rd Camberwell Flat B, 48 Bromar Road Clapton 12 Willington Court 8 Mandeville Street Dover Flat 5 The Old Flour Mill 113 London Road Earls Court Lower Ground Floor Flat 87 Warwick Road Earls Court Flat 1, 3-7 & 9-10 66 Warwick Road Lee 86 Gavestone Road Plumstead Flat 1, 32 Brookhill Road South Norwood Flat 2, 43 Selhurst Road Streatham 534 Streatham High Road Sydenham 41 Adamsrill Road

Freehold Ground Rents Abbey Wood Brixton Brockley Earls Court Earls Court Greenford Kennington Morden New Cross Rainham Essex Streatham Upper Norwood

A portfolio of 31 Freehold ground rent investments in Norwich, Norfolk Freehold Vacant Sites Edmonton Edmonton Englefield Green Egham Surrey Forest Hill Killingbeck Leeds

Commercial Properties Bedford Biggin Hill Brockley Camberwell Forest Hill Mottingham Peckham Peckham Putney Redhill Sidcup South Norwood Tunbridge Wells Welling Widnes

Southfields

46a Astonville Street

44/45 Tyeshurst Close 3 Dumbarton Road 1 Wickham Road 51 Earls Court Square 53 - 55 Earls Court Square 3/3a Beechwood Avenue 42 Renfrew Road 21/21a Epsom Road 194 New Cross Road 121 Cherry Tree Lane Flats 1-6, 9c Ockley Road Flats 1-9, 16 Gipsy Hill

Garages opposite 38-40 Croyland Road Garages adjacent to 28 Turin Road Land and Tennis Court at Ulverscroft Bakeham Lane Land to Rear of 29 Honor Oak Park Former Site Office 14 Sutton Approach

161 Castle Road 124a & 124b Main Road 7-9 Brockley Cross 151 Camberwell New Road 47 London Road 192 & 192a Court Road 114 Peckham High Street 76 Peckham High Street 102 Lower Richmond Road 9 Queensway 71 Sidcup High Street 57 Penge Road Units 4 & 5 42-54 Camden Rd 2 Welling Way & 211-213 Bellegrove Road Broseley House Widnes Road

Freehold two floor end of terrace house Planning permission for the erection of an additional three bedroom house to the side – Part vacant possession Margate 149 Ramsgate Road

Freehold three floor double fronted detached house arranged as six self-contained flats – Investment producing approximately £93,900 per annum offered on behalf of the Executors

Wimbledon

20 Pelham Road

Freehold three floor terraced building arranged as a shop with three self-contained flats above with a rear double length garage and garden – Part vacant investment (development potential subject to consents) Sydenham 305 Sydenham Road

Freehold development site with planning permission for the erection of a three floor building to comprise three self contained flats – Full vacant possession Peckham Site at Maya Close and Gordon Road

Freehold mixed use development opportunity in a prime high street location. Planning permission granted for the demolition and rebuild to provide 6 self-contained flats whilst retaining the ground floor shop and parking to the rear Investment/development opportunity Barnet 131 High Street

Freehold double fronted terraced building arranged as a ground floor retail investment with planning permission for the conversion of the upper floors into a 10 bedroom HMO - Part vacant investment Reading 23-25 Whitley Street

Pair of freehold lock up garages and land of approximately 1,983.63 sq.m (21,351.6 sq.ft) – Development potential (subject to consents) – Part Vacant Possession Norwich Garages 7-8 Christopher Close and Land at Josephine Close A pair of freehold semi-detached houses with planning permission for the conversion and extension to provide six self contained flats – Full vacant possession Penge 116-118 Anerley Park

Freehold two floor semi-detached cottage with 1.23 acres of land and outbuildings- Full vacant possession – Offered on behalf of Mountview Estates Plc

Blackwater Surrey

1 Gardeners Cottages

3


Prelim Pages July 2014 03/07/2014 16:56 Page 4

One of the most experienced auctions teams in the uk

Robin Cripp FRICS Chairman & Senior Auctioneer

John Weatherall

Jayne Mountain

Director & Auctioneer

Director

Jeremy Lamb MRICS Associate Director & Auctioneer

Dominic Smith MNAVA Senior Auction Surveyor & Associate Director

robincripp@as-r.co.uk

johnweatherall@as-r.co.uk

jaynemountain@as-r.co.uk

jeremylamb@as-r.co.uk

dominicsmith@as-r.co.uk

Michael Atwood MNAVA

Joel Ferree

Long Hoang

Ahoa Tran

Curtis Wright

Auction Surveyor & Auctioneer

Negotiator

Legal Administrator

Finance Officer

Finance Officer

michaelatwood@as-r.co.uk

joelferree@as-r.co.uk

longhoang@as-r.co.uk

ahoatran@as-r.co.uk

curtiswright@as-r.co.uk

Marcia Antiedu

Tania Norris

PA

Auction Sales Administrator

marciaantiedu@as-r.co.uk

tanianorris@as-r.co.uk

www.as-r.co.uk

Central London 45 Pont Street, Knightsbridge, London SW1X 0BD

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


Comments from the auctioneer Welcome to andrew scott robertson’s residential and commercial auction catalogue bringing 115 vacant and investment properties to the market. We hope you find a property that meets your investment requirements. andrew scott robertson have been instructed to offer a number of very interesting properties including more than 50 separate lots of freehold ground rents and garage investments in South West London, South East London, West London, Essex, Surrey, Norfolk. We are also offering a number of properties new to the market, on behalf of private individuals and local authorities which lend themselves to redevelopment or refurbishment, presenting interesting opportunities to unlock value. Vendors at the event to be held at the Hotel Russell, London WC1 on July 21st, include: The London Boroughs of Enfield & Lambeth, Affinity Sutton, Grainger Plc, Mountview Estates Plc, The Treasury Solicitors, LPA Receivers, Executors, Trustees, Private Property Companies and individuals. Lot 1: 46A Astonville Street, Southfields SW18: A long leasehold first floor purpose built maisonette is offered with vacant possession, after being in the same ownership for over 22 years. Public transport includes Southfields underground and Earlsfield railway stations. Guide Price: £390,000 +

Lot 12: 102 Lower Richmond Road, Putney SW15: Freehold three floor terraced building arranged as a lock up shop and two self contained split level flats. Offered with part vacant possession it is situated within a busy retail parade serving a residential catchment area. Guide Price: £850,000 +

Lot 4: 96 Riggindale Road, Streatham SW16: Offered on behalf of The London Borough of Lambeth this freehold three floor linked semidetached house within a sought after location South of Tooting Bec Common is currently arranged as six self-contained residential units. The property has considerable development potential subject to consents and is offered with vacant possession. Guide Price: £800,000 +

Lot 13: 1 Gardeners Cottages, Woodlands Walk, Blackwater, Camberley, Surrey GU17: This freehold two floor semi-detached cottage has 1.23 acres of land and is being offered with vacant possession by order of Mountview Estates Plc. Sited in an attractive residential area it has outbuildings and a gatehouse. The property was used as a garden nursery and has three commercial greenhouses, a polytunnel, open land, single storey store/ outbuildings and workshops. Guide Price: £260,000 +

Lot 11: 20 Pelham Road, Wimbledon SW19: This investment lot comprises a freehold three floor double fronted detached house arranged as six self-contained flats in the perennially popular area of Wimbledon and is being offered by order of the Executors. Guide Price: £2M +

Lot 28: Investment/ Development opportunity: 131 High Street, Barnet, Hertfordshire EN5: A freehold mixed use development opportunity in a prime high street location with planning permission granted for the demolition and rebuild to provide 6 self-contained flats whilst retaining the ground floor shop and parking to the rear. In the same family ownership for 40 years. Guide Price: £585,000 +

We hope you find a property that meets your investment needs. Every lot has been allocated to the care of an individual auction team member. Legal packs and EPC’s may be downloaded from our website - www.as-r.co.uk Please contact us for further information on these or any other matters. Our auction begins at 12noon on 21st July. We look forward to seeing you in the room.

Robin Cripp FRICS 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.

Deposit The amount of deposit is 10% of the purchase price subject to a minimum of £1,000 unless otherwise stated in the Special Conditions of Sale. Payment is accepted by personal cheque, bankers’ draft, solicitors client account cheque or debit card. Deposit payments by cash or credit card are NOT accepted. Buyer’s Fee The successful purchaser will be required to pay to the Auctioneers a buyer’s fee of £600 inclusive of VAT (or £150 inclusive of VAT in respect of lots with a sale price of less than £10,000) on exchange of contracts for each lot purchased. Identification The successful bidder will be required to provide two forms of proof of identity which includes both the name and address of the buyer: a passport or modern photo card driving licence and a utility or Council Tax bill. Further details can be found on our website www.as-r.co.uk.

Catalogues Catalogues are provided free of charge approximately three weeks prior to the auction, email auctions@as-r.co.uk or visit the website www.as-r.co.uk. Alternatively if you would like to go onto our mailing list to receive our catalogues on an annual basis, there is a charge of £50.

Additional Auction Information Further information on how to listen or view the auction live and all the results can be obtained by:

ON-LINE LIVE On-Line Live

Ei AUCTION

Visit www.eigroup.co.uk and select ‘Online Auctions’. Choose the auction and then ‘Viewing Gallery’. You will see details of the lot being offered and can watch the bidding as it happens. It is not possible to bid using this service. Service provided by The Essential Information Group Ltd Tel: 01737 226150. Calls cost 77p p/min for 09067 at all times.

AUCTION LIVELINK On-Line Live

Ei AUCTION

09067 591 402 Dial this number to listen to the Auctioneer as he is selling the lots. You cannot bid on this service. To bid by telephone prior arrangement must be made directly with the auctioneers. Service provided by The Essential Information Group Ltd Tel: 01737 226150. Calls cost 77p p/min for 09067 at all times.

The Essential Information Group Tel: 01737 226150 www.eigroup.co.uk


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 2014 Monday 22nd September

Monday 15th December

Monday 27th October

For full details of our next auction please visit www.as-r.co.uk or contact: Central London 45 Pont Street, Knightsbridge, London SW1X 0BD

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 John Weatherall johnweatherall@as-r.co.uk

Jeremy Lamb jeremylamb@as-r.co.uk Dominic Smith dominicsmith@as-r.co.uk Michael Atwood michaelatwood@as-r.co.uk


Residential Sales NE W

SA

LE

AG RE ED

IN ST RU CT IO N

Vineyard Hill Road, SW19 Guide Price ÂŁ3,150,000

Prospect Place, SW20

Situated on an elevated position and offering far reaching views towards Central London from the upper floors, a substantial and imposing double fronted period house, located in a highly regarded residential road.

A substantial detached luxury house offering accommodation extending to over 4,000 sq ft, constructed by Octagon Developments and situated in a small select gated development on the borders of Wimbledon Village and West Wimbledon.

Guide Price ÂŁ3,750,000

24 High Street, Wimbledon, London SW19 5DX. T: 020 8971 6780. F: 020 8971 4954. 50 Wimbledon Hill, Wimbledon London SW19 7PA. T: 020 8971 3800. F: 020 8944 8624

Offices in Knightsbridge, Wimbledon and Camberwell

www.as-r.co.uk

Forthcoming auction dates Monday 22nd September Monday 27th October Monday 15th December

For further information contact: E: auctions@as-r.co.uk

www.as-r.co.uk

8

www.as-r.co.uk


Prelim Pages July 2014 03/07/2014 16:56 Page 9

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

Wimbledon imbledon Town T:: 020 8971 3800 E: residential@as-r.co.uk residential@as- .co.uk

Knightsbridge T:: 020 7808 8530 E: auctions@asauctions@as-r.co.uk .co.uk

Camberwell T:: 020 7703 4401 E: auctions@asauctions@as-r.co.uk .co.uk


Prelim Pages July 2014 03/07/2014 16:56 Page 10

market m arket leading le ading capital c apital a allowances allowa ances service serv vice

Own commercial property? We can help you claim tax back from HMRC

Capital allowance claims are relatively straightforward for most trading businesses. Many businesses will not spend more than the AIA on qualifying items and such claims are not complex. UK tax laws do not account directly for depreciation of assets within a property. Instead, the tax system allows some relief on investment in capital assets via Capital Allowances.

We W e ar are e pr proud oud to of offer ffer f you a bespoke bespoke, bespoke bespoke, personal personal service based on our experience, expertise and commitment to adding value. W We e have a particularly outstanding track rrecord providing oviding ecord in pr tax-efficient tax-ef fficient ffic solutions and advice to any business commercial property. or individual owning commer cial pr roperty o y. To today. T o see how h we can help you, contact ct us today y.

Our market leading team deliver a best in class Capital Allowances service to all our clients who own, want to invest in, or sell commercial property. We use our quantitative surveyors, building designers & tax lawyers as well accountants to help our clients reclaim, on average, 20-30% of their properties purchase price directly back from HM Revenue & Customs.

CPASignature CP PASignatur ASig A eT Tax ax a 60 Gr Gresham esham Str Street eet London, EC2V 7BB Tel: T e +44 (0) 203 el: 20 440 9820 Fax: +44 (0) 203 440 9602 Email: info@cpatax.co.uk

www.cpatax.co.uk www .cpatax.co.uk


Prelim Pages July 2014 03/07/2014 16:56 Page 11

Professional Property People

Have you heard the news? We are opening a sales and lettings office in South East London. As a result of unprecedented growth and customer demand, we are pleased to announce the launch of our dedicated Residential Lettings, Property Management and Sales office for South East London Contact us to discuss how the team at andrew scott robertson can be of service to you.

T: 020 7703 4401 Wimbledon imbledon Village illage T:: 020 8971 6780 E: residential@as-r.co.uk residential@as- .co.uk

Wimbledon imbledon Town T:: 020 8971 3800 E: residential@asresidential@as-r.co.uk .co.uk

www.asww .as-r.co.uk .co.uk Knightsbridge T:: 020 7808 8530 E: auctions@asauctions@as-r.co.uk .co.uk

Camberwell T:: 020 7703 4401 E: auctions@asauctions@as-r.co.uk .co.uk


Prelim Pages July 2014 03/07/2014 16:56 Page 12

,iÈ `i Ó > Ñ iÓÓ È Ñ *Åi Þ ÑÈiÅä ViÑw ÅÑ * Åi Þ ÑÈiÅä ViÑw ÅÑ UUÑÑ Ñ ÞÈiÑ°Å °iÅÓçÑ > > i i ÓÑ`i°>ÅÓ i Ó ÑÑ Ñ ÞÈiÑ°Å °iÅÓçÑ > > i i ÓÑ`i°>ÅÓ i Ó

UÑÑ æ°iÅ i Vi`Ñ , ÑÓÅ> i`ÑÈÓ>ww UÑÑ æ°iÅ i Vi`Ñ , ÑÓÅ> i`ÑÈÓ>ww

ÑÑ ÑÞ°wÅ ÓÑwiiÈ UUÑÑ ÑÞ°wÅ ÓÑwiiÈ

UÑÑ ÈV Þ Ói`ÑÅi Ó> Ñ°Å ÓiVÓ Ñ° V iÈÑ>ä> >L i UÑÑ ÈV Þ Ói`ÑÅi Ó> Ñ°Å ÓiVÓ Ñ° V iÈÑ>ä> >L i

ÑÑ ÈÑÓ Ñ > ÅÑV Å° Å>ÓiÑV °> iÈ UUÑÑ ÈÑÓ Ñ > ÅÑV Å° Å>ÓiÑV °> iÈ

Ó>VÓ\

Ó>VÓ\ 7 L i` Ñ6 > i 7 L i` Ñ6 > i ÛÛ}Ñ Ñ-ÓÅiiÓ }Ñ Ñ-ÓÅiiÓ 7 L i` 7 L i` ` Ñ-7§ Ñy 8 ` Ñ-7§ Ñy 8 / \ÑíÛíÑn ̧ÑÎÌní /\ÑíÛíÑn ̧ÑÎÌní \ÑíÛíÑn }ÎÑÕÎnÕ \ÑíÛíÑn }ÎÑÕÎnÕ \ÑÅiÈ `i Ó > J>È ÅµV µÞ \ÑÅiÈ `i Ó > J>È ÅµV µÞ

å åååµ>È ÅµV µÞ ååµ>È ÅµV µÞ

12

www.as-r.co.uk

7 L i` Ñ/ å 7 L i` Ñ/ å yyíÑ7 L i` Ñ Ñ, >` íÑ7 L i` Ñ Ñ, >` 7 L i` 7 L i` ` Ñ-7§ ÑÌ* ` Ñ-7§ ÑÌ* / \ÑíÛíÑn ̧ÑÕníí /\ÑíÛíÑn ̧ÑÕníí \ÑíÛíÑn }}ÑnÎÛ} \ÑíÛíÑn }}ÑnÎÛ} \ÑÅiÈ `i Ó > J>È ÅµV µÞ \ÑÅiÈ `i Ó > J>È ÅµV µÞ


Prelim Pages July 2014 03/07/2014 16:56 Page 13

Have you got a

property to let? Let it to Lewisham Council and guarantee your income. Lewisham Council will offer guaranteed rental payments over 3, 5, 7, and 9 years for your studio, at, house, HMO or hostel. We will: Pay rent in advance Pay for any void periods Begin rental payments within one week of the property being ready Provide a fully managed service Work with individual or portfolio landlords. We will not charge commission or fees. All offers subject to demand. Terms and conditions apply.

Contact us now Call 020 8314 6733 Email psl@lewisham.gov.uk or go to www.lewisham.gov.uk/landlords for more information.

13


Prelim Pages July 2014 03/07/2014 16:56 Page 14

WHEN TIME IS OF THE ESSENCE FAST SHORT TERM FINANCE FROM £30,000 - £3,000,000

B.M. SAMUELS

1

Simply phone or fax with details of your requirement.

2

We immediately respond with an in-principle offer subject to the survey/valuation.

3

We arrange an independent survey with speedy report-back.

4

Our solicitors will, at once, contact your solicitors to begin the legal process.

5

As Non-Status lenders finance can be made available within days.

FINANCE GROUP PLC Principal Lenders since 1965

B.M. Samuels Finance Group PLC

CALL NOW FOR A QUICK URGENT DECISION

314 Regents Park Road Finchley, London N3 2JX

Email. info@bmsamuels.com Web. www.bmsamuels.com

020 8349 9090 FAX. 020 8349 9898 Contact us

Take T a ake your yo pick From Fr om our selection of flexible funding options With 24 hour funding available we can With provide pr ovide finance e befor before, re e, during or even after an auction

Hendryy Scott Hendr

Charissa Chang

07778 150 845

07540 203 922

Phil Mabb

Laura Morgan

07808 642 547

07714 316 568

0161 333 1970

@AuctionFinance auctionfinance.co.uk working in association with

subject to status and standard fees

14

www.as-r.co.uk


Prelim Pages July 2014 03/07/2014 16:56 Page 15

With 32 years of short term lending experience - we know the market. Interest charged from 0.99% per 30 days. Typically, no arrangement fees*, no extension fees and no end fees, subject to status. Overall cost for comparison of 12.4%. You speak to the people who make the decisions, a quick and personal service.

Your property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. A rate from 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 and regulated by the Financial Conduct Authority in respect of our regulated mortgage contracts.


Notice to bidders

1. Conditions of Sale 1.1 Prospective purchasers are advised that all sales are subject 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.

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 22nd September 2014


/RW

5() '6

$ $VWRQYLOOH 6WUHHW 6RXWKILHOGVb6: b $/ /RQJ OHDVHJKROG ILUVW IORRU SXUSRVH EXLOW PDLVRQHWWH )XOO YDFDQW SRVVHVVLRQ

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV /RFDWLRQ 6LWXDWHG EHWZHHQ 5HSOLQJKDP 5RDG DQG 5HYHOVWRNH 5RDG 3XEOLF WUDQVSRUW LQFOXGHV 6RXWKILHOGV XQGHUJURXQG DQG (DUOVILHOG UDLOZD\ VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW 5HSOLQJKDP 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW .LQJ *HRUJH V 3DUN $FFRPPRGDWLRQ 7KUHH URRPV NLWFKHQ EDWKURRP ZF 2XWVLGH ,QWHUQDO VWDLUV GRZQ WR RZQ VHFWLRQ RI UHDU JDUGHQ 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG

/HDVH 7R EH VROG RQ D QHZ OHDVH IRU D WHUP RI \HDUV DW D JURXQG UHQW RI Â… SHU DQQXP ULVLQJ

1RWH :H DUH DGYLVHG WKDW WKH ORIW VSDFH LV LQFOXGHG ZLWKLQ WKH GHPLVH RI WKLV IODW

9LHZLQJ 6HH VHSDUDWH VKHHW -RLQW $JHQWV +DUYH\ +DUYH\ /LPLWHG )LUVW )ORRU +LJKILHOG 5RDG /RQGRQ 1: /6 7HO

2ZQ VHFWLRQ RI JDUGHQ

/RW

5() '6

)LQERURXJK 5RDG 7RRWLQJb6: b +< )UHHKROG WZR IORRU WHUUDFHG KRXVH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG EHWZHHQ )ODQGHUV &UHVFHQW DQG /RQGRQ 5RDG 3XEOLF WUDQVSRUW LQFOXGHV 7RRWLQJ UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW 0LWFKDP 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW )LJJH V 0DUVK $FFRPPRGDWLRQ )LUVW IORRU 7KUHH EHGURRPV EDWKURRP ZF *URXQG IORRU 7ZR UHFHSWLRQ URRPV NLWFKHQ GLQHU 2XWVLGH 5HDU JDUGHQ 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG

9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

$ .OHD $YHQXH &ODSKDPb6: b += /RQJ OHDVHKROG ILUVW IORRU SXUSRVH EXLOW PDLVRQHWWH )XOO YDFDQW SRVVHVVLRQ

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV /RFDWLRQ 6LWXDWHG EHWZHHQ &DYHQGLVK 5RDG DQG +DPEDOW 5RDG 3XEOLF WUDQVSRUW LQFOXGHV &ODSKDP 6RXWK XQGHUJURXQG 1RUWKHUQ /LQH VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW &ODSKDP +LJK 6WUHHW 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW &ODSKDP &RPPRQ $FFRPPRGDWLRQ 7KUHH EHGURRPV UHFHSWLRQ URRP NLWFKHQ GLQHU EDWKURRP ZF 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ DQG DQ HQWU\SKRQH V\VWHP QHLWKHU WHVWHG

/HDVH 7R EH VROG RQ D QHZ OHDVH IRU D WHUP RI \HDUV DW D JURXQG UHQW RI Â… SHU DQQXP ULVLQJ

1RWH :H DUH DGYLVHG WKDW WKH ORIW VSDFH LV LQFOXGHG ZLWKLQ WKH GHPLVH RI WKLV IODW

9LHZLQJ 6HH VHSDUDWH VKHHW

-RLQW $JHQWV

6WUHDWKDP $FFRPPRGDWLRQ %XUHDX 6WUHDWKDP +LJK 5RDG 6WUHDWKDP 6: (* 7HO

ZZZ DV U FR XN

5() '6


/RW

5() -0/

5LJJLQGDOH 5RDG 6WUHDWKDPb6: b 4)UHHKROG WKUHH IORRU OLQNHG VHPL GHWDFKHG KRXVH DUUDQJHG DV VHOI FRQWDLQHG UHVLGHQWLDO XQLWV 'HYHORSPHQW SRWHQWLDO VXEMHFW WR FRQVHQWV )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG RII 7RRWLQJ %HF 5RDG ZLWKLQ D VRXJKW DIWHU UHVLGHQWLDO DUHD MXVW WR WKH VRXWK RI 7RRWLQJ %HF &RPPRQ 3XEOLF WUDQVSRUW LQFOXGHV 6WUHDWKDP UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DYDLODEOH RQ 6WUHDWKDP +LJK 6WUHHW ZKLFK LV ZLWKLQ ZDONLQJ GLVWDQFH 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 7RRWLQJ %HF &RPPRQ $FFRPPRGDWLRQ 8QLW

)ORRU

$FFRPPRGDWLRQ

*URXQG

6WXGLR URRP ZLWK NLWFKHQHWWH EDWKURRP ZF

*URXQG

6WXGLR URRP ZLWK NLWFKHQHWWH EDWKURRP ZF

)LUVW

6WXGLR URRP ZLWK NLWFKHQHWWH EDWKURRP ZF

)LUVW

%HGURRP UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF

6HFRQG

6WXGLR URRP ZLWK NLWFKHQHWWH EDWKURRP ZF

6HFRQG

6WXGLR URRP ZLWK NLWFKHQHWWH EDWKURRP ZF

,Q DGGLWLRQ WR WKH DERYH WKHUH LV D FRPPXQDO OLYLQJ URRP RQ WKH JURXQG IORRU DQG D ODXQGU\ URRP RQ WKH ILUVW IORRU 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ DQG HQWU\ SKRQHV QRW WHVWHG 2XWVLGH IURQW DQG UHDU JDUGHQV

3ODQQLQJ ,W LV FRQVLGHUHG WKDW WKH SURSHUW\ PD\ EH VXLWDEOH IRU GHYHORSPHQW VXEMHFW WR FRQVHQWV ,QWHUHVWHG SDUWLHV PXVW UHO\ RQ WKHLU RZQ HQTXLULHV LQ WKLV UHJDUG WR /DPEHWK &RXQFLO SODQQLQJ GHSDUWPHQW WHOHSKRQH 9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

5() '6

$\OHVEXU\ 5RDG :DOZRUWKb6( b (4 )UHHKROG WZR IORRU WHUUDFHG KRXVH )XOO YDFDQW SRVVHVVLRQ

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

9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

*DWHZD\ :DOZRUWKb6( b 8( /RQJ OHDVHKROG WKLUG IRXUWK IORRU SXUSRVH EXLOW PDLVRQHWWH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG RII WKH :DOZRUWK 5RDG YLD -RKQ 5XVNLQ 6WUHHW 3XEOLF WUDQVSRUW LQFOXGHV (OHSKDQW &DVWOH UDLOZD\ DQG XQGHUJURXQG VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW WKH :DOZRUWK 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW %XUJHVV 3DUN $FFRPPRGDWLRQ )RXUWK IORRU )RXU EHGURRPV EDWKURRP VHSDUDWH ZF 7KLUG IORRU 5HFHSWLRQ URRP GLQLQJ URRP NLWFKHQ 7KH SURSHUW\ EHQHILWV IURP GRXEOH JOD]LQJ FHQWUDO KHDWLQJ DQG DQ HQWU\SKRQH V\VWHP QHLWKHU WHVWHG

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

9LHZLQJ 6HH VHSDUDWH VKHHW

-RLQW $JHQWV :RRVWHU 6WRFN 1XQKHDG *UHHQ /RQGRQ 6( 44 7HO

ZZZ DV U FR XN

5() '6


/RW

5() 0$

)ODW % 6KHQOH\ 5RDG &DPEHUZHOOb6( b 11 /RQJ OHDVHKROG JURXQG IORRU SXUSRVH EXLOW IODW )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG EHWZHHQ 3HFNKDP 5RDG DQG /\QGKXUVW *DUGHQV 3XEOLF WUDQVSRUW LQFOXGHV 'HQPDUN +LOO DQG 3HFNKDP 5\H 2YHUODQG VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH RQ 3HFNKDP 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW /XFDV *DUGHQV $FFRPPRGDWLRQ 7KUHH EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF 2XWVLGH &RPPXQDO JDUGHQV 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI SHU DQQXP 9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

5() '6

& /RUGVKLS /DQH (DVWb'XOZLFKb6( b /% /RQJ OHDVHKROG ILUVW IORRU VHOI FRQWDLQHG IODW )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK 8QGHUKLOO 5RDG 3XEOLF WUDQVSRUW LQFOXGHV (DVW 'XOZLFK DQG )RUHVW +LOO UDLOZD\ VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW /RUGVKLS /DQH 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 'XOZLFK 3DUN $FFRPPRGDWLRQ 7KUHH EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF /HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D SHSSHUFRUQ JURXQG UHQW 1RWH 7KH SURSHUW\ EHQHILWV IURP D VKDUH RI WKH IUHHKROG 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

5() '6

)ODW 5DLH 0DLVRQHWWHV %DUU\ 5RDG (DVWb'XOZLFKb6( b -= /HDVHKROG JURXQG IORRU SXUSRVH EXLOW PDLVRQHWWH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG RII /RUGVKLS /DQH 3XEOLF WUDQVSRUW LQFOXGHV (DVW 'XOZLFK UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW /RUGVKLS /DQH 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 'XOZLFK 3DUN $FFRPPRGDWLRQ 7KUHH EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF /HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

D %HQVKDP /DQH &UR\GRQ 6XUUH\b&5 b 54 /RQJ OHDVHKROG ILUVW VHFRQG IORRU VHOI FRQWDLQHG PDLVRQHWWH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG EHWZHHQ %ULJVWRFN 5RDG DQG /RQGRQ 5RDG 3XEOLF WUDQVSRUW LQFOXGHV :HVW &UR\GRQ DQG 7KRUQWRQ +HDWK UDLOZD\ VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW /RQGRQ 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG ORFDOO\ $FFRPPRGDWLRQ 6HFRQG IORRU %HGURRP )LUVW IORRU %HGURRP 5HFHSWLRQ URRP NLWFKHQ EDWKURRP ZF 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG DQG SDUWLDO GRXEOH JOD]LQJ

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP ULVLQJ

1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

9LHZLQJ 6HH VHSDUDWH VKHHW

ZZZ DV U FR XN

5() '6


/RW

5() '6

3HOKDP 5RDG :LPEOHGRQb6: b 6; )UHHKROG WKUHH IORRU GRXEOH IURQWHG GHWDFKHG KRXVH DUUDQJHG DV VL[ VHOI FRQWDLQHG IODWV ,QYHVWPHQW

%\ RUGHU RI WKH ([HFXWRUV /RFDWLRQ 6LWXDWHG LQ WKLV SRSXODU UHVLGHQWLDO DUHD FORVH WR &HQWUH &RXUW 6KRSSLQJ &HQWUH ZKHUH VRPH RI WKH OHDGLQJ UHWDLOHUV DUH UHSUHVHQWHG LQFOXGLQJ 'HEHQKDPV 0DUNV 6SHQFHU :DLWURVH 2GHRQ 0XOWL 6FUHHQ &LQHPD DQG :LPEOHGRQ 7KHDWUH DUH FORVH E\ 7KHUH DUH DOVR D QXPEHU RI UHVWDXUDQWV DQG EDUV LQ WKH DUHD 3XEOLF WUDQVSRUW LQFOXGHV :LPEOHGRQ 6WDWLRQ PDLQ OLQH 'LVWULFW OLQH DQG 7UDPOLQN $FFRPPRGDWLRQ WHQDQFLHV )ODW )ORRU

$FFRPPRGDWLRQ

7HQDQF\

(IIHFWLYH 'DWH

5HQW

)ODW /RZHU JURXQG

7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF

PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â… SHU PRQWK

)ODW /RZHU JURXQG

7ZR EHGURRPV RQH ZLWK HQ VXLWH EDWKURRP ZF UHFHSWLRQ URRP NLWFKHQ VHFRQG EDWKURRP ZF

PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â… SHU PRQWK

)ODW 5DLVHG JURXQG

7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF

PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â… SHU PRQWK

)ODW 5DLVHG JURXQG

5HFHSWLRQ URRP EHGURRP NLWFKHQ EDWKURRP ZF

PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â… SHU PRQWK

)ODW )LUVW

7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF

PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â… SHU PRQWK

)ODW )LUVW

7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF

PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â… SHU PRQWK

2XWVLGH 6XEVWDQWLDO UHDU JDUGHQ ZLWK VFRSH IRU IXUWKHU GHYHORSPHQW 7RWDO UHQW UHVHUYHG Â… SHU DQQXP 1RWH 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG DQG SDUWLDO GRXEOH JOD]LQJ


/RW

5() '6

/RZHU 5LFKPRQG 5RDG 3XWQH\b6: b /1 )UHHKROG WKUHH IORRU WHUUDFHG EXLOGLQJ DUUDQJHG DV D JURXQG IORRU UHWDLO XQLW ZLWK WZR VHOI FRQWDLQHG VSOLW OHYHO IODWV ,QYHVWPHQW

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

)ORRU

$FFRPPRGDWLRQ

7HQDQW

7HQDQF\

(IIHFWLYH 'DWH

5HQW SHU DQQXP

)LUVW 6HFRQG IORRU VHOI 6HFRQG IORRU %HGURRP ZLWK HQ VXLWH FRQWDLQHG IODW 1R VKRZHU URRP ZF E

)LUVW IORRU %HGURRP RSHQ SODQ UHFHSWLRQ GLQLQJ URRP NLWFKHQ EDWKURRP ZF

7ZHOYH PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â…

5HDU *URXQG )LUVW IORRU VHOI FRQWDLQHG IODW 1R D

)LUVW IORRU %HGURRP ZLWK HQ VXLWH VKRZHU URRP VHSDUDWH ZF 5HDU JURXQG IORRU (QWUDQFH KDOO UHFHSWLRQ URRP NLWFKHQ VKRZHU URRP ZF 2XWVLGH 5HDU SDWLR

7ZHOYH PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â…

*URXQG IORRU VKRS 1R

,QWHUQDO ZLGWK P 'HSWK P 2IILFH VT P .LWFKHQHWWH VHSDUDWH ZF

&DNHV )XQ

\HDU OHDVH 5HQW UHYLHZV HYHU\ \HDUV

Â…

1RWH %RWK IODWV EHQHILW IURP FHQWUDO KHDWLQJ QRW WHVWHG GRXEOH JOD]LQJ DQG PRGHUQ ILWWHG NLWFKHQV DQG EDWKURRPV 7RWDO UHQW UHVHUYHG Â… SHU DQQXP 9LHZLQJ 7HOHSKRQH $XFWLRQHHUV (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

ZZZ DV U FR XN


/RW

5() '6

*DUGHQHUV &RWWDJHV :RRGODQGV :DON %ODFNZDWHU &DPEHUOH\ 6XUUH\b*8 b +7 )UHHKROG WZR IORRU VHPL GHWDFKHG FRWWDJH ZLWK DFUHV RI ODQG DQG RXWEXLOGLQJV )XOO YDFDQW SRVVHVVLRQ

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

9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

5() '6

7DQ\DUG &RWWDJHV )DUQKDP 5RDG 3HWHUVILHOG +DPSVKLUHb*8 b $: )UHHKROG WZR IORRU WHUUDFHG FRWWDJH )XOO YDFDQW SRVVHVVLRQ

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV /RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK 0LOO /DQH ZLWKLQ WKH VPDOO YLOODJH RI 6KHHW ZKLFK LV QRUWK HDVW RI WKH PDUNHW WRZQ RI 3HWHUVILHOG 3XEOLF WUDQVSRUW LQFOXGHV 3HWHUVILHOG UDLOZD\ VWDWLRQ 6KRSSLQJ DQG UHFUHDWLRQ DPHQLWLHV FDQ EH IRXQG ORFDOO\ DQG LQ WKH WRZQ RI 3HWHUVILHOG $FFRPPRGDWLRQ )LUVW IORRU 7ZR EHGURRPV *URXQG IORRU 5HFHSWLRQ URRP NLWFKHQ EDWKURRP ZF 2XWVLGH )URQW DQG UHDU JDUGHQV 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG

1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW 1RWH 7KHUH LV SRWHQWLDO DW WKH HQG RI WKH UHDU JDUGHQ WR FUHDWH RII VWUHHW SDUNLQJ

9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

$ 9DXJKDQ 5RDG +DUURZ 0LGGOHVH[b+$ b (( /RQJ OHDVHKROG JURXQG IORRU SXUSRVH EXLOW PDLVRQHWWH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG EHWZHHQ %HVVERURXJK 5RDG DQG %OHQKHLP 5RDG 3XEOLF WUDQVSRUW LQFOXGHV +DUURZ RQ WKH +LOO UDLOZD\ DQG XQGHUJURXQG DQG :HVW +DUURZ XQGHUJURXQG VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW 6W $QQ V 6KRSSLQJ &HQWUH 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW +DUURZ 5HFUHDWLRQ *URXQG $FFRPPRGDWLRQ 7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EUHDNIDVW URRP EDWKURRP ZF 2XWVLGH 6HFWLRQ RI UHDU JDUGHQ 7KH SURSHUW\ EHQHILWV IURP SDUWLDO GRXEOH JOD]LQJ

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP ULVLQJ

9LHZLQJ 6HH VHSDUDWH VKHHW

ZZZ DV U FR XN

5() '6


/RW

5() -1:

:RRGODQGV *URYH ,VOHZRUWKb7: b 16 )UHHKROG WKUHH IORRU GHWDFKHG KRXVH DUUDQJHG DV WKUHH VHOI FRQWDLQHG IODWV 2QH IODW YDFDQW WZR IODWV OHW

3DUW YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG ZLWKLQ WKH :RRGODQGV *URYH &RQVHUYDWLRQ $UHD FORVH WR WKH MXQFWLRQ ZLWK :RRGODQGV 5RDG 3XEOLF WUDQVSRUW LQFOXGHV ,VOHZRUWK UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH RQ 6W -RKQ V 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 7KRUQEXU\ 3DUN $FFRPPRGDWLRQ WHQDQFLHV 8QLW )ORRU

$FFRPPRGDWLRQ

7HQDQF\

5HQW SHU DQQXP

)ODW 6HFRQG

5HFHSWLRQ URRP EHGURRP NLWFKHQ EDWKURRP VHSDUDWH ZF

/HW RQ DQ DVVXUHG Â… VKRUWKROG WHQDQF\ IRU PRQWKV IURP DW D UHQW RI Â… SHU PRQWK KROGLQJ RYHU

)ODW )LUVW IORRU

5HFHSWLRQ URRP EHGURRP NLWFKHQ VKRZHU URRP ZF

9DFDQW

)ODW *URXQG IORRU

7ZR EHGURRPV UHFHSWLRQ /HW RQ DQ DVVXUHG Â… URRP NLWFKHQ VKRZHU VKRUWKROG WHQDQF\ IRU URRP ZF PRQWKV IURP DW D UHQW RI Â… SHU PRQWK KROGLQJ RYHU

2XWVLGH )URQW DQG UHDU JDUGHQ DQG RII VWUHHW SDUNLQJ (DFK IODW EHQHILWV IURP FHQWUDO KHDWLQJ QRQH WHVWHG DQG D FRPPXQDO VWRUDJH DUHD RQ WKH ILUVW IORRU 7RWDO UHQW UHVHUYHG Â… SHU DQQXP WRJHWKHU ZLWK YDFDQW SRVVHVVLRQ RI IODW 9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

5() '6

%ODFNKRUVH 5RDG 6LGFXS .HQWb'$ b (7 )UHHKROG WZR IORRU WHUUDFHG KRXVH )XOO YDFDQW SRVVHVVLRQ

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV /RFDWLRQ 6LWXDWHG RII WKH +LJK 6WUHHW 3XEOLF WUDQVSRUW LQFOXGHV 6LGFXS UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW WKH +LJK 6WUHHW 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 6FDGEXU\ 3DUN $FFRPPRGDWLRQ )LUVW IORRU 7ZR EHGURRPV EDWKURRP ZF *URXQG IORRU 7ZR UHFHSWLRQ URRPV NLWFKHQ 2XWVLGH 5HDU JDUGHQ 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

5() '6

0F/HRG 5RDG $EEH\b:RRGb6( b %6 )UHHKROG WZR IORRU WHUUDFHG KRXVH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK %RVWDOO /DQH 3XEOLF WUDQVSRUW LQFOXGHV $EEH\ :RRG UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW 3OXPVWHDG +LJK 6WUHHW 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW /HVQHV $EEH\ :RRGV $FFRPPRGDWLRQ )LUVW IORRU 7KUHH EHGURRPV EDWKURRP VHSDUDWH ZF *URXQG IORRU 7KUHH URRPV NLWFKHQ GLQHU 2XWVLGH )URQW DQG UHDU JDUGHQV 9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

5() '6

6WUHDWKDP +LJK 5RDG 6WUHDWKDPb6: b 4) )UHHKROG WZR IORRU WHUUDFHG EXLOGLQJ DUUDQJHG DV WZR VHOI FRQWDLQHG IODWV 3RWHQWLDO IRU YDULRXV XSZDUG H[WHQVLRQV 6XEMHFW WR FRQVHQWV

,QYHVWPHQW

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK 3HQLVWRQH 5RDG 3XEOLF WUDQVSRUW LQFOXGHV 6WUHDWKDP &RPPRQ DQG 1RUEXU\ UDLOZD\ VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW 6WUHDWKDP +LJK 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 6WUHDWKDP &RPPRQ

$FFRPPRGDWLRQ WHQDQFLHV )ORRU

$FFRPPRGDWLRQ

7HQDQF\

(IIHFWLYH 'DWH 5HQW SHU DQQXP

)LUVW IORRU VHOI FRQWDLQHG 6WXGLR URRP NLWFKHQ EDWKURRP ZF IODW

6L[ PRQWK DVVXUHG VKRUWKROG WHQDQF\

Â…

*URXQG IORRU VHOI FRQWDLQHG IODW

6L[ PRQWK DVVXUHG VKRUWKROG WHQDQF\ KROGLQJ RYHU

Â…

5HFHSWLRQ URRP EHGURRP ZLWK HQ VXLWH EDWKURRP ZF NLWFKHQ

7RWDO UHQW UHVHUYHG Â… SHU DQQXP 1RWH 7KH SURSHUW\ KDV SRWHQWLDO IRU YDULRXV H[WHQVLRQV WR LQFUHDVH WKH VL]H RI WKH OD\RXW RI WKH XSSHU IODW VXEMHFW WR WKH QHFHVVDU\ SODQQLQJ FRQVHQWV 3URVSHFWLYH SXUFKDVHU PXVW UHO\ RQ WKHLU RZQ HQTXLULHV

ZZZ DV U FR XN


/RW

5() '6

)ODW &DPEHUZHOO &KXUFK 6WUHHW &DPEHUZHOOb6( b 4= /RQJ OHDVHKROG ILUVW IORRU VHOI FRQWDLQHG IODW ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK &DPEHUZHOO *URYH 3XEOLF WUDQVSRUW LQFOXGHV 'HQPDUN +LOO UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH 'HQPDUN +LOO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW &DPEHUZHOO *UHHQ $FFRPPRGDWLRQ 5HFHSWLRQ URRP EHGURRP NLWFKHQ EDWKURRP ZF 7HQDQF\ /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ IRU PRQWKV IURP DW D UHQW RI Â… SHU PRQWK KROGLQJ RYHU

7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

/RW

5() '6

)ODW &DPEHUZHOO &KXUFK 6WUHHW &DPEHUZHOOb6( b 4= /RQJ OHDVHKROG VHFRQG IORRU VHOI FRQWDLQHG IODW ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK &DPEHUZHOO *URYH 3XEOLF WUDQVSRUW LQFOXGHV 'HQPDUN +LOO UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH 'HQPDUN +LOO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW &DPEHUZHOO *UHHQ $FFRPPRGDWLRQ 5HFHSWLRQ URRP EHGURRP NLWFKHQ EDWKURRP ZF 7HQDQF\ /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ IRU PRQWKV IURP DW D UHQW RI Â… SHU PRQWK 7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW


/RW

5() '6

)ODW &DPEHUZHOO &KXUFK 6WUHHW &DPEHUZHOOb6( b 4= /RQJ OHDVHKROG WKLUG IORRU VHOI FRQWDLQHG IODW )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK &DPEHUZHOO *URYH 3XEOLF WUDQVSRUW LQFOXGHV 'HQPDUN +LOO UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH 'HQPDUN +LOO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW &DPEHUZHOO *UHHQ $FFRPPRGDWLRQ 5HFHSWLRQ URRP EHGURRP NLWFKHQ EDWKURRP ZF /HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

/RZHU JURXQG IORRU IODW :DUZLFN 5RDG (DUOVb&RXUWb6: b (= /RQJ OHDVHKROG ORZHU JURXQG IORRU VHOI FRQWDLQHG IODW 5HJXODWHG LQYHVWPHQW

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK 1HYHUQ 6TXDUH 3XEOLF WUDQVSRUW LQFOXGHV (DUOV &RXUW DQG :HVW .HQVLQJWRQ XQGHUJURXQG VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW WKH 2OG %URPSWRQ 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG ORFDOO\ $FFRPPRGDWLRQ 5HFHSWLRQ URRP EHGURRP NLWFKHQHWWH VKRZHU URRP ZF 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG

7HQDQF\ /HW RQ D UHJXODWHG WHQDQF\ DW D UHJLVWHUHG UHQW RI Â… SHU ZHHN HIIHFWLYH IURP 7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW WR EH DGYLVHG 9LHZLQJ 7HOHSKRQH $XFWLRQHHUV

ZZZ DV U FR XN

5() '6


/RW

5() -0/

)ODWV :DUZLFN 5RDG (DUOVb&RXUWb6: b ( /RQJ OHDVHKROG VHOI FRQWDLQHG UHVLGHQWLDO XQLWV 3DUW YDFDQW SRVVHVVLRQ

%\ RUGHU RI WKH /3$ 5HFHLYHUV /RFDWLRQ 6LWXDWHG ZLWKLQ D VRXJKW DIWHU UHVLGHQWLDO DUHD FORVH WR WKH MXQFWLRQ ZLWK 1HYHUQ 6TXDUH 3XEOLF WUDQVSRUW LQFOXGHV :HVW %URPSWRQ XQGHUJURXQG 'LVWULFW /LQH DQG 2YHUODQG VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW 2OG %URPSWRQ 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW +ROODQG 3DUN $FFRPPRGDWLRQ WHQDQFLHV $SSUR[LPDWH GLPHQVLRQV

8QLW )ORRU

$FFRPPRGDWLRQ

7HQDQF\

5HQW SHU DQQXP

7KLUG

6WXGLR URRP NLWFKHQ VKRZHU ZF

/HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ WKH GHWDLOV RI ZKLFK DUH FXUUHQWO\ XQNQRZQ UHIHU WR WKH OHJDO SDFN IRU IXUWKHU LQIRUPDWLRQ

Â…

7KLUG

6WXGLR URRP NLWFKHQHWWH VKRZHU ZF DSSUR[LPDWHO\ VT P /HW RQ D \HDU PDQDJHPHQW DJUHHPHQW ZLWK 2PHJD /HWWLQJV IURP VT IW

Â…

7KLUG

6WXGLR URRP NLWFKHQHWWH VKRZHU ZF DSSUR[LPDWHO\ VT P /HW RQ D \HDU PDQDJHPHQW DJUHHPHQW ZLWK 2PHJD /HWWLQJV IURP VT IW

Â…

6HFRQG

6WXGLR URRP NLWFKHQHWWH VKRZHU ZF DSSUR[LPDWHO\ VT P VT IW

Â…

6HFRQG

6WXGLR URRP NLWFKHQHWWH VKRZHU ZF DSSUR[LPDWHO\ VT P /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ DJUHHPHQW IRU \HDUV IURP VT IW

)LUVW

6WXGLR URRP NLWFKHQHWWH VKRZHU ZF DSSUR[LPDWHO\ VT P 9DFDQW VT IW

)LUVW

6WXGLR URRP NLWFKHQHWWH VKRZHU ZF DSSUR[LPDWHO\ VT P 9DFDQW VT IW

)LUVW

6WXGLR URRP NLWFKHQHWWH VKRZHU ZF DSSUR[LPDWHO\ VT P /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ WKH GHWDLOV RI ZKLFK DUH FXUUHQWO\ XQNQRZQ UHIHU WR WKH OHJDO VT IW

SDFN IRU IXUWKHU LQIRUPDWLRQ

*URXQG

6WXGLR URRP NLWFKHQHWWH VKRZHU ZF DSSUR[LPDWHO\ VT P 9DFDQW VT IW

/HW RQ D \HDU PDQDJHPHQW DJUHHPHQW ZLWK 2PHJD /HWWLQJV IURP

Â…

Â…

7RWDO 5HQW 5HVHUYHG HTXLYDOHQW WR Â… SHU DQQXP ZLWK YDFDQW SRVVHVVLRQ RI IODWV DQG

/HDVH (DFK XQLW H[FOXGLQJ LV KHOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW WR EH DGYLVHG 7KHUH LV QR ORQJ OHDVH IRU XQLW 1RWH :H DUH DGYLVHG WKDW DQ DGGLWLRQDO IODW QXPEHU KDV EHHQ FUHDWHG E\ WKH VXEGLYLVLRQ RI IODWV DQG ,QWHUHVWHG SDUWLHV VKRXOG UHIHU WR WKH OHJDO SDFN DQG UHO\ RQ WKHLU RZQ HQTXLULHV LQ WKLV UHJDUG

9LHZLQJ 6HH VHSDUDWH VKHHW

-RLQW $JHQWV


/RW

5() '6

6KHSKHUGV &RWWDJH +DUWV /DQH %LGGHVWRQH &KLSSHQKDP :LOWVKLUHb61 b '4 )UHHKROG WZR IORRU VHPL GHWDFKHG JUDGH ,, OLVWHG FRWWDJH )XOO YDFDQW SRVVHVVLRQ

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

*URXQG IORRU 5HFHSWLRQ GLQLQJ URRP NLWFKHQ QRW ILWWHG FORDNURRP 2XWVLGH 0DWXUH UHDU JDUGHQ ZLWK RII VWUHHW SDUNLQJ 7KH SURSHUW\ EHQHILWV IURP D QHZO\ ILWWHG FHQWUDO KHDWLQJ V\VWHP QRW WHVWHG

9LHZLQJ 6HH VHSDUDWH VKHHW

-RLQW $JHQWV

)$2 6KDKLG 6DGLT ' ( V VDGLT#ZLOOPRWWV FRP

ZZZ DV U FR XN

9LOODJH *UHHQ


/RW

5() '6

$QHUOH\ 3DUN 3HQJHb6( b 18 $ SDLU RI IUHHKROG VHPL GHWDFKHG KRXVHV ZLWK SODQQLQJ SHUPLVVLRQ IRU WKH FRQYHUVLRQ DQG H[WHQVLRQ WR SURYLGH VL[ VHOI FRQWDLQHG IODWV )XOO YDFDQW SRVVHVVLRQ

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

&RSLHV RI WKH SODQV SODQQLQJ SHUPLVVLRQ DQG EXLOGLQJ UHJXODWLRQ GUDZLQJV DUH DOO DYDLODEOH IRU LQVSHFWLRQ IURP WKH DXFWLRQHHUV 9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

&DPEHUZHOO 1HZ 5RDG &DPEHUZHOOb6( b 68 )UHHKROG WKUHH IORRU WHUUDFHG EXLOGLQJ DUUDQJHG DV D VKRS ZLWK WZR IORRUV RI UHVLGHQWLDO DERYH 'HYHORPHQW SRWHQWLDO VXEMHFW WR FRQVHQWV

)XOO YDFDQW SRVVHVVLRQ

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV /RFDWLRQ 6LWXDWHG WR WKH HDVW VLGH RI &DPEHUZHOO 1HZ 5RDG FORVH WR LWV MXQFWLRQ ZLWK 9DVVDOO 5RDG 3XEOLF WUDQVSRUW LQFOXGHV 2YDO 8QGHUJURXQG 1RUWKHUQ /LQH 6WDWLRQ ZKLFK LV ZLWKLQ ZDONLQJ GLVWDQFH 7KH QXPHURXV VKRSV EDUV DQG UHVWDXUDQWV LQ FHQWUDO &DPEHUZHOO DUH DSSUR[LPDWHO\ KDOI D PLOH WR WKH VRXWK 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW .HQQLQJWRQ 3DUN $FFRPPRGDWLRQ $SSUR[LPDWH 'LPHQVLRQV

6HFRQG IORRU %HGURRP EDWKURRP ZF )LUVW IORRU 5HFHSWLRQ URRP NLWFKHQ EUHDNIDVW URRP *URXQG IORRU 5HWDLO DUHD VT P VT IW UHDU RIILFH VWRUDJH VT P VT IW VHSDUDWH ZF FHOODU VT P VT IW FHOODU KHLJKW P 2XWVLGH /DUJH UHDU JDUGHQ

3ODQQLQJ ,W LV FRQVLGHUHG WKDW WKH SURSHUW\ PD\ EH VXLWDEOH IRU UHGHYHORSPHQW VXEMHFW WR WKH QHFHVVDU\ FRQVHQWV ,QWHUHVWHG SDUWLHV PXVW UHO\ RQ WKHLU RZQ HQTXLULHV WR WKH /RQGRQ %RURXJK RI 6RXWKZDUN SODQQLQJ GHSDUWPHQW WHOHSKRQH 9LHZLQJ 6HH VHSDUDWH VKHHW (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

ZZZ DV U FR XN

5() -0/


/RW

5() -0/

+LJK 6WUHHW %DUQHW +HUWIRUGVKLUHb(1 b 8= )UHHKROG PL[HG XVH GHYHORSPHQW RSSRUWXQLW\ LQ D SULPH KLJK VWUHHW ORFDWLRQ 3ODQQLQJ SHUPLVVLRQ JUDQWHG IRU WKH GHPROLWLRQ DQG UHEXLOG WR SURYLGH VHOI FRQWDLQHG IODWV ZKLOVW UHWDLQLQJ WKH JURXQG IORRU VKRS DQG SDUNLQJ WR WKH UHDU ,QYHVWPHQW GHYHORSPHQW RSSRUWXQLW\

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

)ORRU

$FFRPPRGDWLRQ

7KLUG

6WXGLR URRP ZLWK EDWKURRP :& VT P VT IW

7KLUG

6WXGLR URRP ZLWK EDWKURRP :& VT P VT IW

6HFRQG

6WXGLR URRP ZLWK EDWKURRP :& VT P VT IW

6HFRQG

6WXGLR URRP ZLWK EDWKURRP :& VT P VT IW

)LUVW

6WXGLR URRP ZLWK EDWKURRP :& VT P VT IW

)LUVW

6WXGLR URRP ZLWK EDWKURRP :& VT P VT IW

5HWDLO 2IILFH

*URXQG

2IILFH DUHD NLWFKHQHWWH :& VT P VT IW

7HQDQF\ 7KH SURSHUW\ LV OHW WR +REGD\V (VWDWHV /WG ZLWK D JXDUDQWRU RQ D ILYH \HDU )5 , OHDVH IURP WKH DW D UHQWDO RI Â… SHU DQQXP 7KH OHDVH LV FRQWUDFWHG RXWVLGH RI WKH VHFXULW\ RI WHQXUH SURYLVLRQV RI WKH /DQGORUG DQG 7HQDQW $FW :H DUH DGYLVHG WKDW +REGD\V DUH QR ORQJHU LQ RFFXSDWLRQ DQG KDYH UHTXHVWHG D VXUUHQGHU RI WKHLU OHDVH 1RWH 9$7 LV DSSOLFDEOH WR WKLV ORW

9LHZLQJ 6HH VHSDUDWH VKHHW (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH


/RW

5() -0/

6\GHQKDP 5RDG 6\GHQKDPb6( b (: )UHHKROG WKUHH IORRU WHUUDFHG EXLOGLQJ DUUDQJHG DV D VKRS ZLWK WKUHH VHOI FRQWDLQHG IODWV DERYH ZLWK D UHDU GRXEOH OHQJWK JDUDJH DQG JDUGHQ 3DUW YDFDQW LQYHVWPHQW GHYHORSPHQW SRWHQWLDO VXEMHFW WR FRQVHQWV

,Q WKH VDPH IDPLO\ RZQHUVKLS IRU RYHU \HDUV /RFDWLRQ 6LWXDWHG ZLWKLQ D EXV\ VHFRQGDU\ SDUDGH FORVH WR WKH MXQFWLRQ ZLWK /DUNEHUH 5RDG DQG RSSRVLWH +RPH 3DUN 7KH VXUURXQGLQJ DUHD LV D PL[ RI UHWDLO DQG UHVLGHQWLDO RFFXSLHUV 2WKHU WUDGHUV ZLWKLQ WKH SDUDGH LQFOXGH D EDUEHUV ODXQGHUHWWH DQG D FRQYHQLHQFH VWRUH 3XEOLF WUDQVSRUW LQFOXGHV 6\GHQKDP UDLOZD\ VWDWLRQ $FFRPPRGDWLRQ WHQDQFLHV $SSUR[LPDWH GLPHQVLRQV

8QLW

)ORRU

$FFRPPRGDWLRQ

7HQDQF\

)ODW %

6HFRQG

2SHQ SODQ UHFHSWLRQ URRP NLWFKHQ EHGURRP VKRZHU URRP ZF

/HW RQ D PRQWK DVVXUHG VKRUWKROG Â… WHQDQF\ DJUHHPHQW IURP

)ODW &

)LUVW

6WXGLR URRP NLWFKHQHWWH VKRZHU URRP ZF

/HW MRLQWO\ ZLWK IODW $ RQ RQH PRQWK Â… DVVXUHG VKRUWKROG WHQDQF\ DJUHHPHQW IURP

)ODW $

)LUVW

6WXGLR URRP NLWFKHQHWWH VKRZHU URRP ZF

/HW MRLQWO\ ZLWK IODW & RQ RQH PRQWK DVVXUHG VKRUWKROG WHQDQF\ DJUHHPHQW IURP

6KRS

*URXQG

6KRS IURQWDJH P ,QWHUQDO ZLGWK P /HW WR 0U $ 1 0HKPHW RQ D \HDU Â… 'HSWK P .LWFKHQ VT P VT IW 5HDU )5 , OHDVH FRPPHQFLQJ VWRUH VT P VT IW 'LVDEOHG ZF ZLWK \HDUO\ UHQW UHYLHZV 1H[W UHQW UHYLHZ

'RXEOH JDUDJH

*URXQG

$ GRXEOH OHQJWK JDUDJH HQG WR HQG ZLWK WKH IROORZLQJ DSSUR[LPDWH JURVV H[WHUQDO GLPHQVLRQV ZLGWK P GHSWK P DUHD VT P VT IW

9DFDQW SUHYLRXVO\ OHW DW Â… SHU ZHHN

5HQW SHU DQQXP

7RWDO UHQW UHVHUYHG HTXLYDOHQW WR Â… SHU DQQXP ZLWK YDFDQW SRVVHVVLRQ RI WKH JDUDJH DQG JDUGHQ 1RWH 7KH SURSHUW\ LV QRW 9$7 DSSOLFDEOH 1RWH 7KH UHQW RQ WKH UHVLGHQWLDO XQLWV KDV QRW EHHQ LQFUHDVHG IRU D QXPEHU RI \HDUV

9LHZLQJ 6HH VHSDUDWH VKHHW (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

ZZZ DV U FR XN


/RW

5() -0/

:KLWOH\ 6WUHHW 5HDGLQJ %HUNVKLUHb5* b (* )UHHKROG GRXEOH IURQWHG WHUUDFHG EXLOGLQJ DUUDQJHG DV D JURXQG IORRU UHWDLO LQYHVWPHQW ZLWK SODQQLQJ SHUPLVVLRQ IRU WKH FRQYHUVLRQ RI WKH XSSHU IORRUV LQWR D EHGURRP +02 3DUW YDFDQW LQYHVWPHQW

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

)LUVW IORRU VT P VT IW

*) +02 (QWUDQFH VT P VT IW

*URXQG IORRU UHWDLO VT P VT IW 3ODQQLQJ 3ODQQLQJ SHUPLVVLRQ ZDV JUDQWHG LQ 2FWREHU UHI E\ 5HDGLQJ %RURXJK &RXQFLO IRU D FKDQJH RI XVH RI SDUW JURXQG IORRU ILUVW DQG VHFRQG IORRUV WR IRUP D EHGURRP +RXVH LQ 0XOWLSOH 2FFXSDWLRQ +02 WRJHWKHU ZLWK H[WHUQDO DOWHUDWLRQV LQFOXGLQJ WZR UHDU GRUPHUV &RSLHV RI WKH SODQV DQG SODQQLQJ SHUPLVVLRQ DUH DYDLODEOH IURP WKH DXFWLRQHHUV 7HQDQF\ 7KH JURXQG IORRU VKRS SUHPLVHV DUH OHW WR 6XNKELU 6LQJK RQ D \HDU OHDVH FRPPHQFLQJ DW D UHQWDO RI Â… SHU DQQXP 5HQW UHYLHZV DUH HYHU\ \HDUV 7KH WHQDQWV KDYH EHHQ LQ RFFXSDWLRQ VLQFH 7RWDO UHQW UHVHUYHG Â… SHU DQQXP ZLWK YDFDQW SRVVHVVLRQ RI WKH XSSHU IORRUV 9LHZLQJ 6HH VHSDUDWH VKHHW

-RLQW $JHQWV

)$2 6KDKLG 6DGLT ' ( V VDGLT#ZLOOPRWWV FRP

(QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH


/RW

5() '6

/RQGRQ 5RDG )RUHVWb+LOOb6( b 7< )UHHKROG IRXU IORRU WHUUDFHG EXLOGLQJ DUUDQJHG DV D ORFN XS VKRS DQG WKUHH VHOI FRQWDLQHG IODWV DERYH 7KUHH IODWV YDFDQW 6KRS OHW

3DUW YDFDQW SRVVHVVLRQ

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

)ORRU

$FFRPPRGDWLRQ

7HQDQW

7HQDQF\

(IIHFWLYH 'DWH

5HQW SHU DQQXP

7KLUG IORRU IODW &

%HGURRP UHFHSWLRQ URRP NLWFKHQ VKRZHU URRP ZF

9$&$17

¬

¬

¬

6HFRQG IORRU IODW %

7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF

9$&$17

¬

¬

¬

)LUVW IORRU IODW $

7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF

9$&$17

¬

¬

¬

*URXQG IORRU VKRS

,QWHUQDO ZLGWK P 'HSWK P .LWFKHQ P [ P 7ZR VHSDUDWH ZF V

0U $ / $ZD 0U 0 1 6KDUPD W D 7KH ,QGLD *DWH

\HDU OHDVH 5HQW UHYLHZV HYHU\ \HDUV 1H[W UHYLHZ GXH

Â…

7RWDO UHQW UHVHUYHG Â… SHU DQQXP WRJHWKHU ZLWK YDFDQW SRVVHVVLRQ RI WKH WKUHH VHOI FRQWDLQHG IODWV 9LHZLQJ 6HH VHSDUDWH VKHHW (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

ZZZ DV U FR XN


/RW

5() -0/

3HQJH 5RDG 6RXWKb1RUZRRGb6( b ()UHHKROG WKUHH IORRU WHUUDFH EXLOGLQJ DUUDQJHG DV D JURXQG IORRU VKRS ZLWK D VSOLW OHYHO PDLVRQHWWH DERYH ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG ZLWKLQ D PL[HG XVH SDUDGH VHUYLFLQJ D ODUJH UHVLGHQWLDO FDWFKPHQW DUHD 2WKHU QHDUE\ RFFXSLHUV LQFOXGH D FDIH D QHZV DJHQWV DQG D KDLUGUHVVHUV ZLWK PDQ\ RWKHU ORFDO WUDGHUV IRXQG RQ QHDUE\ 3RUWODQG 5RDG )XUWKHU WUDGH PD\ EH JDLQHG IURP SHRSOH JRLQJ WR DQG IURP QHDUE\ 1RUZRRG -XQFWLRQ UDLOZD\ VWDWLRQ 7KH SURSHUW\ LV ORFDWHG RQ WKH QRUWK VLGH RI 3HQJH 5RDG EHWZHHQ /DQFDVWHU 5RDG DQG 6HOE\ 5RDG 6KRSSLQJ DPHQLWLHV DUH RQ 3RUWODQG 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 1RUZRRG -XQFWLRQ &RXQWU\ 3DUN

$FFRPPRGDWLRQ WHQDQFLHV $SSUR[LPDWH GLPHQVLRQV

8QLW $FFRPPRGDWLRQ

7HQDQF\

5HQW

$

*URXQG IORRU (QWUDQFH KDOO )LUVW IORRU 5HFHSWLRQ URRP NLWFKHQ EUHDNIDVW URRP 6HFRQG IORRU 7KUHH EHGURRPV EDWKURRP ZF 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG

/HW RQ D PRQWK DVVXUHG VKRUWKROG WHQDQF\ IURP

Â… SHU DQQXP

6KRS IURQWDJH P VKRS GHSWK P VKRS ZLGWK P QDUURZLQJ WR P VHSDUDWH ZF 2XWVLGH UHDU SDWLR JDUGHQ

7KH UHFHLYHUV GR QRW FXUUHQWO\ KDYH D FRS\ RI WKH RFFXSDWLRQDO WHQDQF\ DJUHHPHQW LQWHUHVWHG SDUWLHV PXVW UHO\ RQ WKHLU RZQ HQTXLULHV LQ WKLV UHJDUG

Â… SHU DQQXP

7RWDO UHQW UHVHUYHG Â… SHU DQQXP (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH DYDLODEOH RQ RXU ZHEVLWH

/RW

5() -0/

4XHHQVZD\ 5HGKLOO 6XUUH\b5+ b 47 /RQJ OHDVHKROG VHFRQG IORRU VQRRNHU KDOO ,QYHVWPHQW

/RFDWLRQ 5HGKLOO LV D SRSXODU FRPPXWHU WRZQ ORFDWHG DSSUR[LPDWHO\ PLOHV VRXWK RI FHQWUDO /RQGRQ DQG LV HDVLO\ DFFHVVHG YLD WKH 0 7KH SURSHUW\ LV ORFDWHG WR WKH QRUWK VLGH RI 4XHHQVZD\ EHWZHHQ :DUZLFN 5RDG DQG &ODUHQGRQ 5RDG LQ D EXV\ WRZQ FHQWUH ORFDWLRQ 7KH %HOIU\ VKRSSLQJ FHQWUH LV RSSRVLWH RFFXSLHG E\ ODUJHU PXOWLSOH UHWDLOHUV JHQHUDWLQJ VLJQLILFDQW IRRWIDOO 3XEOLF WUDQVSRUW LQFOXGHV 5HGKLOO UDLOZD\ VWDWLRQ $FFRPPRGDWLRQ $SSUR[LPDWH 'LPHQVLRQV 7KH SURSHUW\ LV EURDGO\ RSHQ SODQ EXW KDV EHHQ VXEGLYLGHG WR FUHDWH VHSDUDWH DUHDV IRU 6QRRNHU 3RRO DQG $PHULFDQ 3RRO 7KHUH LV DOVR D EDU DUHD DQG D GDQFH IORRU DUHD SOXV D VWRUH URRP RIILFH DQG ZF V *,$ DSSUR[LPDWHO\ VT P VT IW

7HQDQF\ /HW YLD DVVLJQPHQW WR 46 (QWHUWDLQPHQW /WG RQ D \HDU OHDVH IURP DW D UHQW RI Â… SHU DQQXP ZLWK UHQW UHYLHZV HYHU\ \HDUV QH[W UHYLHZ GXH

7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D SHSSHUFRUQ JURXQG UHQW (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH


/RW

5() -0/

3HFNKDP +LJK 6WUHHW 3HFNKDPb6( b (' /RQJ OHDVHKROG IRXU IORRU WHUUDFHG EXLOGLQJ DUUDQJHG DV D JURXQG IORRU VKRS ZLWK WKUHH VHOI FRQWDLQHG IODWV DERYH ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG LQ D SURPLQHQW FRUQHU SRVLWLRQ ZLWKLQ D EXV\ KLJK VWUHHW ORFDWLRQ 7KH SURSHUW\ LV RSSRVLWH 3HFNKDP /LEUDU\ DQG 3HFNKDP 6SDFH RWKHU QHDUE\ RFFXSLHUV LQFOXGH 6XEZD\ *UHJJV DQG 1DWZHVW %DQN DORQJ ZLWK PDQ\ RWKHU ORFDO WUDGHUV DQG UHVWDXUDQWV 3XEOLF WUDQVSRUW LQFOXGHV 3HFNKDP 5\H DQG 4XHHQV 5RDG 3HFNKDP UDLOZD\ VWDWLRQV 8QLW

)ORRU

$FFRPPRGDWLRQ

7HQDQF\

5HQW SHU DQQXP

)ODW 7KLUG

6WXGLR URRP NLWFKHQ VKRZHU URRP ZF

/HW RQ D PRQWK DVVXUHG Â… VKRUWKROG WHQDQF\ IURP

)ODW 6HFRQG

6WXGLR URRP NLWFKHQ VKRZHU URRP ZF

/HW RQ D \HDU OHDVH WR %URDGZD\ +RPHOHVVQHVV DQG 6XSSRUW

Â…

)ODW )LUVW

6WXGLR URRP NLWFKHQ VKRZHU URRP ZF

/HW RQ D \HDU OHDVH WR %URDGZD\ +RPHOHVVQHVV DQG 6XSSRUW

Â…

6KRS *URXQG

6KRS VDOHV DUHD VT /HW WR %UHQGD $PH\ RQ D P VT IW

\HDU OHDVH IURP ZLWK \HDUO\ UHQW UHYLHZV

Â…

7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDU OHDVH IURP DW D JURXQG UHQW WR EH DGYLVHG (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

/RW

3HFNKDP +LJK 6WUHHW 3HFNKDPb6( b (' /RQJ OHDVHKROG JURXQG IORRU ORFN XS VKRS )XOO YDFDQW SRVVHVVLRQ

%\ 2UGHU 2I 7KH 0RUWJDJHHV /RFDWLRQ 6LWXDWHG LQ D EXV\ KLJK VWUHHW ORFDWLRQ FORVH WR WKH MXQFWLRQ ZLWK %XOO <DUG 2WKHU QHDUE\ ORFDO WUDGHUV LQFOXGH D &RUDO ERRNPDNHUV D 3XEOLF +RXVH DQG VHYHUDO RWKHU ORFDO UHVWDXUDQWV DQG FDIHV )XUWKHU WUDGH PD\ EH JDLQHG IURP WKH KLJK OHYHO RI YHKLFXODU WUDIILF DQG SHGHVWULDQ IRRWIDOO JRLQJ WR DQG IURP WKH PDLQ VKRSSLQJ KLJK VWUHHW ORFDWHG RQ 5\H /DQH 3XEOLF WUDQVSRUW LQFOXGHV 3HFNKDP 5\H 2YHUODQG VWDWLRQ $FFRPPRGDWLRQ 6KRS IURQWDJH P 6KRS GHSWK P 5HDU URRP VT P VT IW

6WRUH URRP VT P VT IW

6HSHUDWH ZF %DVHPHQW 7ZR URRPV VT P VT IW

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDU OHDVH IURP DW D JURXQG UHQW WR EH DGYLVHG 9LHZLQJ 6HH VHSDUDWH VKHHW (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

ZZZ DV U FR XN

5() -0/


/RW

5() -0/

&DVWOH 5RDG %HGIRUGb0. b 57 )UHHKROG WZR IORRU HQG RI WHUUDFH EXLOGLQJ DUUDQJHG DV D JURXQG IORRU VKRS ZLWK UHVLGHQWLDO XSSHU SDUWV ,QYHVWPHQW

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

7HQDQF\ /HW WR 0U 0 - 0UV 6 0 $QWKRQ\ WUDGLQJ DV &RVW &XWWHU RQ D \HDU OHDVH IURP WKH DW D UHQW RI Â… SHU ZHHN 7RWDO UHQW UHVHUYHG Â… SHU DQQXP 1RWH 7KH WHQDQW FODLPV WKDW DQ DJUHHPHQW ZDV PDGH WR UHGXFH WKH UHQW WR Â… SHU PRQWK $V IDU DV WKH 5HFHLYHUV DUH DZDUH WKHUH LV QR VXFK DJUHHPHQW DQG DV VXFK WKH UHQW OLVWHG LQ WKH /HDVH LV Â… SHU ZHHN

(QHUJ\ 3HUIRUPDQFH &HUWLILFDWH )LUVW IORRU IODW 5DWLQJ ) 5HWDLO JURXQG IORRU 5DWLQJ &

/RW

5() -0/

8QLWV &DPGHQ 5RDG 7XQEULGJHb:HOOV .HQWb71 b 4' /RQJ OHDVHKROG JURXQG IORRU GRXEOH IURQWHG UHWDLO XQLW ,QYHVWPHQW

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Â… SHU DQQXP

-RLQW $JHQWV

7HOHSKRQH

7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH


/RW

5() -0/

6LGFXS +LJK 6WUHHW 6LGFXS .HQWb'$ b ': )UHHKROG WKUHH IORRU WHUUDFHG EXLOGLQJ ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG LQ D SURPLQHQW KLJK VWUHHW SRVLWLRQ FORVH WR WKH MXQFWLRQ ZLWK +DWKHUOH\ 5RDG 2WKHU QHDUE\ PXOWLSOH RFFXSLHUV LQFOXGH 0F'RQDOG V 6XSHUGUXJ /OR\GV %DQN +DOLID[ 1DWLRQZLGH DQG ,FHODQG DV ZHOO DV PDQ\ RWKHU ORFDO WUDGHUV DQG UHVWDXUDQWV )XUWKHU WUDGH PD\ EH JDLQ IURP WKH KLJK OHYHO RI SHGHVWULDQ IRRWIDOO DQG YHKLFXODU WUDIILF JRLQJ WR DQG IURP QHDUE\ 6LGFXS UDLOZD\ VWDWLRQ $FFRPPRGDWLRQ $SSUR[LPDWH 'LPHQVLRQV

6HFRQG IORRU )URQW DQG UHDU RIILFHV 1,$ VT P VT IW

)LUVW IORRU )URQW DQG UHDU RIILFHV 1,$ VT P VT IW

*URXQG IORRU 5HWDLO DUHD UHDU RIILFH NLWFKHQ WZR ZF V VWRUH DUHD 1,$ VT P VT IW

1HW LQWHUQDO DUHD VT P VT IW

7HQDQF\ /HW WR &RXQWU\ZLGH 3OF 7$ 0DQQ &R (VWDWH $JHQWV RQ D \HDUV OHDVH IURP KROGLQJ RYHU DW D UHQW RI Â… SHU DQQXP 7KHUH KDYH EHHQ QHJRWLDWLRQV EHWZHHQ ODQGORUG DQG WHQDQW LQ UHODWLRQ WR VLJQLQJ D QHZ OHDVH EXW DV \HW WHUPV KDYH QRW EHHQ DJUHHG 7RWDO UHQW UHVHUYHG Â… SHU DQQXP (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

/RW

5() -0/

:HOOLQJ :D\ %HOOHJURYH 5RDG :HOOLQJ .HQWb'$ b 54 7KUHH ORQJ OHDVHKROG LQWHUFRPPXQLFDWLQJ UHWDLO XQLWV )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG LQ D SURPLQHQW FRUQHU SRVLWLRQ DW WKH MXQFWLRQ RI :HOOLQJ :D\ DQG %HOOHJURYH 5RDG 7KH EXLOGLQJ LV ORFDWHG RQ D EXV\ PDLQ URDG MXQFWLRQ ZLWK D WULSOH IURQWDJH DQG RSSRVLWH D ZHOO HVWDEOLVKHG UHWDLO SDUDGH 2WKHU QHDUE\ RFFXSLHUV LQFOXGH D FRQYHQLHQFH VWRUH D YHWV DQG VHYHUDO RWKHU ORFDO WUDGHUV )XUWKHU WUDGH PD\ EH JDLQHG IURP SDVVLQJ SHGHVWULDQ DQG YHKLFXODU WUDIILF JRLQJ WR DQG IURP QHDUE\ :HOOLQJ UDLOZD\ VWDWLRQ $FFRPPRGDWLRQ $SSUR[LPDWH 'LPHQVLRQV *URVV IURQWDJH P

0D[ GHSWK P

5HDU ZF 1HW LQWHUQDO DUHD VT P VT IW

/HDVH 7R EH VROG RQ D QHZ \HDU OHDVH DW D SHSSHUFRUQ JURXQG UHQW

9LHZLQJ 7HOHSKRQH MRLQW DJHQWV

-RLQW $JHQWV

(QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH +DUSHUV +RXVH %H[OH\ +LJK 6WUHHW %H[OH\ '$ $' 7HOHSKRQH

ZZZ DV U FR XN


/RW

5() -0/

D E 0DLQ 5RDG %LJJLQb+LOO :HVWHUKDP .HQWb71 b %$ )UHHKROG WZR IORRU HQG RI WHUUDFH EXLOGLQJ DUUDQJHG DV JURXQG IORRU ORFN XS VKRS YDFDQW DQG D RQH EHGURRP ILUVW IORRU PDLVRQHWWH OHW

3DUW YDFDQW SRVVHVVLRQ

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

$FFRPPRGDWLRQ WHQDQFLHV $SSUR[LPDWH GLPHQVLRQV

)ORRU

$FFRPPRGDWLRQ

7HQDQF\

5HQW 3HU $QQXP

)LUVW IORRU

5HFHSWLRQ URRP NLWFKHQ EHGURRP EDWKURRP ZF

/HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ DJUHHPHQW ZKLFK KDV H[SLUHG DQG LV QRZ KROGLQJ RYHU RQ D VWDWXWRU\ SHULRGLF WHQDQF\ DW D UHQW RI Â… SHU ZHHN

Â…

*URXQG IORRU

5HWDLO DUHD VT P VT IW UHDU VWDII URRP NLWFKHQHWWH VT P VT IW DQFLOODU\ VWRUDJH VT P VT IW VHSDUDWH ZF UHDU SDUNLQJ VSDFH IRU RQH FDU

9DFDQW

7RWDO UHQW UHVHUYHG HTXLYDOHQW WR Â… SHU DQQXP ZLWK YDFDQW SRVVHVVLRQ RI WKH JURXQG IORRU VKRS 9LHZLQJ 6HH VHSDUDWH VKHHW (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

/RW

5() -0/

D &RXUW 5RDG 0RWWLQJKDPb6( b (: /HDVHKROG WKUHH IORRU WHUUDFHG EXLOGLQJ DUUDQJHG DV D JURXQG IORRU VKRS OHW ZLWK D VHOI FRQWDLQHG PDLVRQHWWH RQ WKH ILUVW DQG VHFRQG IORRUV YDFDQW 3DUW YDFDQW LQYHVWPHQW

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Â… SHU DQQXP

/HDVH 7KH SURSHUW\ LV KHOG RQ D \HDU OHDVH IURP DW D JURXQG UHQW RI Â… SHU DQQXP 7RWDO UHQW UHVHUYHG Â… SHU DQQXP ZLWK YDFDQW SRVVHVVLRQ RI WKH XSSHU PDLVRQHWWH (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH 9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

5() -0/

%URFNOH\ &URVV %URFNOH\b6( b $% )UHHKROG WKUHH IORRU EXLOGLQJ ZLWK SODQQLQJ SHUPLVVLRQ IRU WKH FRQYHUVLRQ RI WKH XSSHU IORRUV WR SURYLGH WZR [ WZR EHGURRP IODWV 7KH JURXQG IORRU FRPSULVHV WZR VKRSV RQH OHW

DQG RQH RIILFH YDFDQW 3DUW YDFDQW GHYHORSPHQW RSSRUWXQLW\

/RFDWLRQ 6LWXDWHG LQ D SURPLQHQW FRUQHU SRVLWLRQ DW D EXV\ PDLQ URDG MXQFWLRQ RSSRVLWH (QGZHOO 5RDG 7KH SURSHUW\ LV ZLWKLQ D PL[HG XVH SDUDGH VHUYLFLQJ D ODUJH SUHGRPLQDQWO\ UHVLGHQWLDO FDWFKPHQW DUHD 2WKHU QHDUE\ RFFXSLHUV LQFOXGH D FRQYHQLHQFH VWRUH D ODXQGHUHWWH DQG VHYHUDO RWKHU ORFDO WUDGHUV DQG FDIHV )XUWKHU WUDGH PD\ EH JDLQHG IURP WKH KLJK OHYHO RI YHKLFXODU WUDIILF DQG SHGHVWULDQ IRRWIDOO JRLQJ WR DQG IURP QHDUE\ %URFNOH\ 2YHUODQG VWDWLRQ

$FFRPPRGDWLRQ WHQDQFLHV $SSUR[LPDWH GLPHQVLRQV

8QLW $FFRPPRGDWLRQ

7HQDQF\

5HQW

/HW WR 6PDUW 7HDP 0DLQWHQDQF\ /WG RQ D \HDU OHDVH IURP

Â… SHU DQQXP

6KRS XQLW DSSUR[LPDWH JURVV LQWHUQDO DUHD VT P VT IW

2IILFH XQLW DSSUR[LPDWH JURVV LQWHUQDO DUHD VT P VT IW

9DFDQW

6KRS XQLW DSSUR[LPDWH JURVV LQWHUQDO DUHDV *URXQG IORRU VT P VT IW %DVHPHQW VT P 9DFDQW VT IW

3ODQQLQJ 3ODQQLQJ SHUPLVVLRQ ZDV JUDQWHG E\ 7KH /RQGRQ %RURXJK RI /HZLVKDP RQ WKH UHI '& IRU WKH DOWHUDWLRQ DQG FRQYHUVLRQ RI WKH ILUVW DQG VHFRQG IORRUV WR SURYLGH [ EHGURRP VHOI FRQWDLQHG IODWV DV IROORZV )LUVW IORRU 7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF DSSUR[LPDWH DUHD VT P VT IW

6HFRQG IORRU 7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF DSSUR[LPDWH DUHD VT P VT IW

7RWDO UHQW UHVHUYHG HTXLYDOHQW WR Â… SHU DQQXP ZLWK YDFDQW SRVVHVVLRQ RI XQLWV DQG WKH ILUVW DQG VHFRQG IORRUV 9LHZLQJ 6HH VHSDUDWH VKHHW (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

ZZZ DV U FR XN


/RW

5() -0/

%URVHOH\ +RXVH :LGQHV 5RDG :LGQHV &KHVKLUHb:$ b $+ /RQJ OHDVHKROG PL[HG XVH LQYHVWPHQW 3DUW YDFDQW SRVVHVVLRQ

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

8QLW )ORRU

$FFRPPRGDWLRQ

7HQDQW

7HQDQF\

5HQW SHU DQQXP

8QLW *URXQG

VT P VT IW

8N 6FUHHQLQJ 6ROXWLRQV /WG

/HW RQ D PRQWK WR PRQWK DJUHHPHQW

(TXLYDOHQW WR Â…

8QLW *URXQG

VT P VT IW

+6%& %DQN

/HW RQ D \HDU OHDVH IURP KROGLQJ RYHU

Â…

8QLW *URXQG

VT P VT IW

7 $NWKHU

/HW RQ D \HDU OHDVH IURP ZLWK QH[W UHQW UHYLHZ GXH

Â…

8QLW *URXQG

VT P VT IW

$VVLJQHG WR +HOHQ -RQHV

/HW RQ D \HDU OHDVH IURP

Â…

8QLW *URXQG

VT P VT IW

8786

/HW RQ D \HDU OHDVH IURP ZLWK QH[W UHQW UHYLHZ GXH

Â…

8QLW *URXQG

VT P VT IW

-RKQ %UDGOH\

OHW RQ D \HDU OHDVH IURP

Â…

)LUVW IORRU RIILFHV

VT P VT IW

9DFDQW

6HFRQG IORRU RIILFHV

VT P VT IW

9DFDQW

7RWDO UHQW UHVHUYHG Â… SHU DQQXP 3URILW 5HQW Â… ZLWK YDFDQW SRVVHVVLRQ RI WKH VW QG IORRU RIILFHV

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D SDVVLQJ UHQWDO RI Â… SHU DQQXP QH[W UHQW UHYLHZ LQ

1RWH 9DW LV DSSOLFDEOH RQ WKLV ORW 1RWH $ UHGXFHG UHQW RI Â… SHU DQQXP KDV EHHQ DJUHHG ZLWK -RKQ %UDGOH\ IRU XQLW ZLWK DQ RSWLRQ WR EUHDN WKH OHDVH RQ WKH 7KLV DJUHHPHQW LV LQ VROLFLWRUV KDQGV DQG KDV QRW \HW EHHQ H[HFXWHG

(QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH


/RW

5() -0/

*DUDJHV DGMDFHQW WR 7XULQ 5RDG (GPRQWRQb1 b %7 )UHHKROG JDUDJH VLWH FRPSULVLQJ ORFN XS JDUDJHV ,QYHVWPHQW GHYHORSPHQW SRWHQWLDO VXEMHFW WR FRQVHQWV

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ RI *UDQDU\ &ORVH ZLWKLQ DQ HVWDEOLVKHG UHVLGHQWLDO DUHD 3XEOLF WUDQVSRUW LQFOXGHV 3RQGHUV (QG UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH ORFDO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW -XELOHH 3DUN 'HVFULSWLRQ 7ZR EORFNV RI IRXU JDUDJHV RFFXS\LQJ D EURDGO\ UHFWDQJXODU VLWH $SSUR[LPDWH VLWH DUHD KHFWDUHV DFUHV

7HQDQF\ 6L[ RI WKH HLJKW JDUDJHV DUH OHW RQ VHSDUDWH DQQXDO OLFHQFH DJUHHPHQWV ZLWK D PRQWK PXWXDO UROOLQJ EUHDN FODXVH DW D WRWDO UHQW RI Â… SHU DQQXP 7RWDO UHQW UHVHUYHG Â… SHU DQQXP ZLWK YDFDQW SRVVHVVLRQ RI WZR JDUDJHV

3ODQQLQJ ,W LV FRQVLGHUHG WKDW WKH VLWH PD\ EH VXLWDEOH IRU GHYHORSPHQW VXEMHFW WR WKH QHFHVVDU\ FRQVHQWV ,QWHUHVWHG SDUWLHV PXVW UHO\ RQ WKHLU RZQ HQTXLULHV LQ WKLV UHJDUG WR 7KH /RQGRQ %RURXJK RI (QILHOG SODQQLQJ GHSDUWPHQW 7HOHSKRQH $ 'HYHORSPHQW *XLGDQFH 5HSRUW KDV EHHQ SUHSDUHG E\ WKH /RQGRQ %RURXJK RI (QILHOG DQG LV DYDLODEOH IRU LQVSHFWLRQ ZLWKLQ WKH OHJDO SDFN 9LHZLQJ 2SHQ VLWH

/RW

)RU LGHQWLILFDWLRQ SXUSRVHV RQO\

5() -0/

*DUDJHV RSSRVLWH &UR\ODQG 5RDG (GPRQWRQb1 b $< )UHHKROG JDUDJH VLWH FRPSULVLQJ VLQJOH VWRUH\ ORFN XS JDUDJHV ,QYHVWPHQW GHYHORSPHQW SRWHQWLDO VXEMHFW WR FRQVHQWV

/RFDWLRQ 6LWXDWHG DW WKH MXQFWLRQ RI &UR\ODQG 5RDG DQG 0LOOEURRN 5RDG ZLWKLQ DQ HVWDEOLVKHG UHVLGHQWLDO DUHD 3XEOLF WUDQVSRUW LQFOXGHV (GPRQWRQ *UHHQ UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH RQ +HUWIRUG 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW -XELOHH 3DUN 'HVFULSWLRQ $ URZ RI JDUDJHV RFFXS\LQJ D VLWH ZLWK DQ DUHD RI DSSUR[LPDWHO\ KHFWDUHV DFUHV

7HQDQF\ (DFK JDUDJH LV OHW RQ D VHSDUDWH DQQXDO OLFHQFH DJUHHPHQW ZLWK D PRQWK PXWXDO UROOLQJ EUHDN FODXVH DW D WRWDO UHQW RI Â… SHU DQQXP 3ODQQLQJ ,W LV FRQVLGHUHG WKDW WKH VLWH PD\ EH VXLWDEOH IRU GHYHORSPHQW VXEMHFW WR WKH QHFHVVDU\ FRQVHQWV ,QWHUHVWHG SDUWLHV PXVW UHO\ RQ WKHLU RZQ HQTXLULHV LQ WKLV UHJDUG WR 7KH /RQGRQ %RURXJK RI (QILHOG SODQQLQJ GHSDUWPHQW 7HOHSKRQH $ 'HYHORSPHQW *XLGDQFH 5HSRUW KDV EHHQ SUHSDUHG E\ WKH /RQGRQ %RURXJK RI (QILHOG DQG LV DYDLODEOH IRU LQVSHFWLRQ ZLWKLQ WKH OHJDO SDFN 7RWDO UHQW UHVHUYHG Â… SHU DQQXP 9LHZLQJ 2SHQ VLWH

ZZZ DV U FR XN

)RU LGHQWLILFDWLRQ SXUSRVHV RQO\


/RW

5() -0/

)RUPHU VLWH RIILFH 6XWWRQ $SSURDFK .LOOLQJEHFN /HHGVb/6 b $+ )UHHKROG VLQJOH VWRUH\ IRUPHU VLWH RIILFH DQG ODQG 'HYHORSPHQW SRWHQWLDO VXEMHFW WR FRQVHQWV

)XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK 6XWWRQ &UHVFHQW DQG DSSUR[LPDWHO\ PLOHV HDVW RI /HHGV FLW\ FHQWUH ZLWK HDV\ DFFHVV YLD <RUN 5RDG $ 3XEOLF WUDQVSRUW LQFOXGHV &URVV *DWH UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW <RUN 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 3ULPURVH 9DOOH\ 3DUN 'HVFULSWLRQ DSSUR[LPDWH GLPHQVLRQV

$ EURDGO\ WULDQJXODU VLWH FRPSULVLQJ D VLQJOH VWRUH\ EXLOGLQJ IRUPHUO\ WKH HVWDWH RIILFH XVHG IRU RIILFHV VWRUDJH DQG UHQW FROOHFWLRQ 6LWH DUHD +HFWDUHV $FUHV

$FFRPPRGDWLRQ 5HFHSWLRQ DUHD WKUHH RIILFH URRPV NLWFKHQ GLVDEOHG :& /RZHU JURXQG IORRU VWRUDJH :& *URVV H[WHUQDO DUHD H[FOXGLQJ ORZHU JURXQG IORRU VWRUH VT P VT IW

1RWH )XUWKHU SKRWR V DYDLODEOH RQ RXU ZHEVLWH 9LHZLQJ 7HOHSKRQH DXFWLRQHHUV

3ODQQLQJ ,W LV FRQVLGHUHG WKDW WKH VLWH PD\ EH VXLWDEOH IRU GHYHORSPHQW FKDQJH RI XVH VXEMHFW WR WKH QHFHVVDU\ FRQVHQWV ,QWHUHVWHG SDUWLHV VKRXOG UHO\ RQ WKHLU RZQ HQTXLULHV LQ WKLV UHJDUG WR /HHGV &LW\ &RXQFLO SODQQLQJ GHSDUWPHQW 7HOHSKRQH (QHUJ\ 3HUIRUPDQFH &HUWLILFDWH $YDLODEOH RQ RXU ZHEVLWH

/RW

5() -0/

/DQG DQG WHQQLV FRXUW DW 8OYHUVFURIW %DNHKDP /DQH (QJOHILHOGb*UHHQ (JKDP 6XUUH\b7: b 77 )UHHKROG UHFWDQJXODU VLWH ZLWK D ZLGH URDG IURQWDJH XVHG DV D WHQQLV FRXUW DQG DPHQLW\ ODQG 3RWHQWLDO IRU DOWHUQDWLYH XVHV VXEMHFW WR FRQVHQWV

)XOO YDFDQW SRVVHVVLRQ

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


/RW

5() '6

6LWH DW 0D\D &ORVH DQG *RUGRQ 5RDG 3HFNKDPb6( b $4 )UHHKROG GHYHORSPHQW VLWH ZLWK SODQQLQJ SHUPLVVLRQ IRU WKH HUHFWLRQ RI D WKUHH IORRU EXLOGLQJ WR FRPSULVH WKUHH VHOI FRQWDLQHG IODWV )XOO YDFDQW SRVVHVVLRQ

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

9LHZLQJ 2SHQ VLWH

/RW

/DQG WR WKH UHDU RI +RQRU 2DN 3DUN )RUHVWb+LOOb6( b '= )UHHKROG SDUFHO RI ODQG 'HYHORSPHQW SRWHQWLDO VXEMHFW WR FRQVHQWV

)XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG WR WKH UHDU RI +RQRU 2DN 3DUN ZLWK DFFHVV YLD /HVVLQJ 6WUHHW 3XEOLF WUDQVSRUW LQFOXGHV +RQRU 2DN 3DUN 2YHUODQG VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH ORFDO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW %URFNOH\ +LOO 3DUN 'HVFULSWLRQ 5HFWDQJXODU SDUFHO RI ODQG DSSUR[LPDWHO\ VT P VT IW

3ODQQLQJ ,W LV FRQVLGHUHG WKDW WKH VLWH PD\ EH VXLWDEOH IRU GHYHORSPHQW VXEMHFW WR SODQQLQJ FRQVHQW ,QWHUHVWHG SDUWLHV VKRXOG UHO\ RQ WKHLU RZQ HQTXLUHV WR WKH /RQGRQ %RURXJK RI /HZLVKDP SODQQLQJ GHSDUWPHQW LQ WKLV UHJDUG 7HOHSKRQH 9LHZLQJ 2SHQ VLWH

ZZZ DV U FR XN

5() 0$


/RW

5() '6

*DUDJHV /DQFHV &ORVH 0HRSKDP .HQWb'$ b (8 3DLU RI IUHHKROG ORFN XS JDUDJHV ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG RII :URWKDP 5RDG YLD +XQWLQJILHOG 5RDG ZLWKLQ D FXO GH VDF 3XEOLF WUDQVSRUW LQFOXGHV 0HRSKDP UDLOZD\ VWDWLRQ 'HVFULSWLRQ $ SDLU RI ORFN XS JDUDJHV RI EULFN EXLOW FRQVWUXFWLRQ ZLWK PHWDO XS DQG RYHU GRRUV IRUPLQJ SDUW RI D ODUJHU EORFN RI JDUDJHV 7HQDQF\ %RWK JDUDJHV DUH OHW RQ D UROOLQJ DJUHHPHQW DW D UHQW RI Â… SHU PRQWK 7RWDO UHQW UHVHUYHG HTXLYDOHQW WR Â… SHU DQQXP 1RWH :H DUH DGYLVHG WKDW LQ WKH OHWWLQJ DJUHHPHQW RQH PRQWKV QRWLFH RQO\ LV UHTXLUHG IRU SRVVHVVLRQ

/RW

5() '6

0D\IDLU $YHQXH ,OIRUG (VVH[b,* b '4 )UHHKROG WZR IORRU WHUUDFHG KRXVH )XOO YDFDQW SRVVHVVLRQ

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV /RFDWLRQ 6LWXDWHG EHWZHHQ 7KH 'ULYH DQG :DQVWHDG 3DUN 5RDG 3XEOLF WUDQVSRUW LQFOXGHV ,OIRUG UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW WKH ([FKDQJH 6KRSSLQJ &HQWUH 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW :DQVWHDG 3DUN $FFRPPRGDWLRQ )LUVW IORRU 7KUHH EHGURRPV EDWKURRP ZF *URXQG IORRU 7KURXJK UHFHSWLRQ URRP GLQLQJ URRP NLWFKHQ FHOODU 2XWVLGH )URQW DQG UHDU JDUGHQV 7KH SURSHUW\ EHQHILWV IURP GRXEOH JOD]LQJ DQG FHQWUDO KHDWLQJ QRW WHVWHG

9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

5() '6

%DWD $YHQXH (DVWb7LOEXU\ (VVH[b50 b 6' )UHHKROG WZR IORRU VHPL GHWDFKHG KRXVH )XOO YDFDQW SRVVHVVLRQ

%\ RUGHU RI 0RXQWYLHZ (VWDWHV 3OF /RFDWLRQ 6LWXDWHG RII 3ULQFHVV 0DUJDUHW 5RDG 3XEOLF WUDQVSRUW LQFOXGHV (DVW 7LOEXU\ UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH ORFDO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW .LQJ *HRUJH 9 3OD\LQJ )LHOGV $FFRPPRGDWLRQ )LUVW IORRU 7KUHH EHGURRPV *URXQG IORRU 5HFHSWLRQ URRP NLWFKHQ EDWKURRP ZF FRQVHUYDWRU\ 2XWVLGH )URQW DQG UHDU JDUGHQV 9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

(DUOV +DOO $YHQXH 6RXWKHQGbRQb6HD (VVH[b66 b 16 )UHHKROG WZR IORRU VHPL GHWDFKHG KRXVH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG RII 0D\ILHOG $YHQXH ZLWKLQ DQ HVWDEOLVKHG UHVLGHQWLDO DUHD 3XEOLF WUDQVSRUW LQFOXGHV 3ULWWOHZHOO UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV FDQ EH IRXQG LQ WKH WRZQ FHQWUH DSSUR[LPDWHO\ PLOHV WR WKH VRXWK 5HFUHDWLRQ IDFLOLWLHV DUH DYDLODEOH DW 3ULRU\ 3DUN $FFRPPRGDWLRQ )LUVW IORRU 7KUHH EHGURRPV EDWKURRP VHSDUDWH ZF *URXQG IORRU 7ZR UHFHSWLRQ URRPV NLWFKHQ XQILWWHG

2XWVLGH )URQW DQG UHDU JDUGHQV 9LHZLQJ 6HH VHSDUDWH VKHHW

ZZZ DV U FR XN

5() -0/


/RW

5() -0/

)ODW :LOOLQJWRQ &RXUW 0DQGHYLOOH 6WUHHW &ODSWRQb( b '4 /RQJ OHDVHKROG WKUHH IORRU SXUSRVH EXLOW PDLVRQHWWH ,QYHVWPHQW

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Â… SHU PRQWK 7RWDO UHQW UHVHUYHG HTXLYDOHQW WR Â… SHU DQQXP

/HDVH +HOG RQ D \HDU OHDVH IURP WKH DW D JURXQG UHQW RI Â… SHU DQQXP 9LHZLQJ 6HH VHSDUDWH VKHHW

-RLQW $JHQWV

7HOHSKRQH

/RW

FDQDO RSSRVLWH

5() '6

)ODW & &ULFNOHZRRG %URDGZD\ &ULFNOHZRRGb1: b (3 /RQJ OHDVHKROG VHFRQG IORRU VHOI FRQWDLQHG IODW )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG RQ &ULFNOHZRRG %URDGZD\ EHWZHHQ WKH MXQFWLRQ RI (EEVIOHHW 5RDG DQG 6NDUGX 5RDG 3XEOLF WUDQVSRUW LQFOXGHV &ULFNOHZRRG UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW &ULFNOHZRRG %URDGZD\ 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW *ODGVWRQH 3DUN $FFRPPRGDWLRQ 7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF /HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D SHSSHUFRUQ JURXQG UHQW 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

9LHZLQJ 6HH VHSDUDWH VKHHW


/RW

5() '6

)ODW % %URPDU 5RDG &DPEHUZHOOb6( b '/ /RQJ OHDVHKROG ILUVW IORRU VHOI FRQWDLQHG IODW ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG EHWZHHQ *URYH +LOO 5RDG DQG ,YDQKRH 5RDG 3XEOLF WUDQVSRUW LQFOXGHV 'HQPDUN +LOO UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW 'HQPDUN +LOO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 5XVNLQ 3DUN $FFRPPRGDWLRQ 7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF 7HQDQF\ /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ IRU PRQWKV IURP DW D UHQW RI Â… SHU PRQWK 7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW Â… SHU DQQXP 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

/RW

)ODW %URRNKLOO 5RDG 3OXPVWHDGb6( b 78 /RQJ OHDVHKROG JURXQG IORRU VHOI FRQWDLQHG IODW ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG RII 6DQG\ +LOO /DQH 3XEOLF WUDQVSRUW LQFOXGHV 3OXPVWHDG UDLOZD\ DQG :RROZLFK $UVHQDO '/5 VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW 3OXPVWHDG &RPPRQ 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 3OXPVWHDG &RPPRQ $FFRPPRGDWLRQ 5HFHSWLRQ URRP NLWFKHQ EHGURRP EDWKURRP ZF HQFORVHG OHDQ WR 7HQDQF\ OHW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ IRU PRQWKV IURP DW D UHQW RI Â… SHU PRQWK 7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP

ZZZ DV U FR XN

5() '6


/RW

5() '6

E 'HSWIRUG +LJK 6WUHHW 'HSWIRUGb6( b 18 /RQJ OHDVHKROG ILUVW VHFRQG IORRU VHOI FRQWDLQHG PDLVRQHWWH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG RSSRVLWH WKH MXQFWLRQ ZLWK &URVVILHOG 6WUHHW 3XEOLF WUDQVSRUW LQFOXGHV 'HSWIRUG UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW 'HSWIRUG +LJK 6WUHHW 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 0DUJDUHW 0F0LOODQ 3DUN $FFRPPRGDWLRQ 6HFRQG IORRU 7ZR EHGURRPV )LUVW IORRU %HGURRP UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF 2XWVLGH 5HDU JDUGHQ 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP ULVLQJ

9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

5() 0$

)ODW )R[FRWH $OEDQ\ 5RDG &DPEHUZHOOb6( b $/ /RQJ OHDVHKROG ILUVW IORRU SXUSRVH EXLOW IODW ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG EHWZHHQ 7KXUORZ 6WUHHW DQG %DJVKRW 6WUHHW 3XEOLF WUDQVSRUW LQFOXGHV (OHSKDQW &DVWOH 8QGHUJURXQG 1RUWKHUQ DQG %DNHUORR OLQH VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH ORFDO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW %XUJHHV 3DUN $FFRPPRGDWLRQ 7KUHH EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF 7HQDQF\ /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ IRU PRQWKV IURP DW D UHQW RI Â… SHU PRQWK 7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP 1RWH $ QHZ WHQDQF\ WHUP RI PRQWKV KDV EHHQ DJUHHG ZLWK WKH FXUUHQW WHQDQWV VWDUWLQJ IURP ZLWK WKH UHQW LQFUHDVLQJ WR Â… SHU PRQWK Â… SHU DQQXP

9LHZLQJ 7HOHSKRQH DXFWLRQHHUV


/RW

5() '6

$GDPVULOO 5RDG 6\GHQKDPb6( b $/RQJ OHDVHKROG ILUVW IORRU SXUSRVH EXLOW PDLVRQHWWH ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG EHWZHHQ 0D\RZ 5RDG DQG 3HUU\ 5LVH 3XEOLF WUDQVSRUW LQFOXGHV 6\GHQKDP UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH RQ 6\GHQKDP 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 0D\RZ 3DUN $FFRPPRGDWLRQ 7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ EDWKURRP ZF 7HQDQF\ /HW WR /RFDO +RXVLQJ 6ROXWLRQV /WG RQ D \HDU OHDVH IURP DW D UHQW RI Â… SHU PRQWK 7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP 1RWH 7KH SURSHUW\ EHQHILWV IURP D VKDUH RI WKH IUHHKROG 1RWH 6L[ ZHHN FRPSOHWLRQ RQ WKLV ORW

/RW

)ODW 6HOKXUVW 5RDG 6RXWKb1RUZRRGb6( b 4$ /RQJ OHDVHKROG ILUVW IORRU VHOI FRQWDLQHG IODW ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK (GLWK 5RDG 3XEOLF WUDQVSRUW LQFOXGHV 6HOKXUVW UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW WKH +LJK 6WUHHW 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG ORFDOO\ $FFRPPRGDWLRQ 5HFHSWLRQ URRP EHGURRP NLWFKHQ EDWKURRP ZF 7HQDQF\ /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ IRU PRQWKV IURP -DQXDU\ DW D UHQW RI Â… SHU PRQWK 7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP ULVLQJ

ZZZ DV U FR XN

5() '6


/RW

5() '6

)ODW &DWIRUG +LOO &DWIRUGb6( b 18 /RQJ OHDVHKROG JURXQG ILUVW IORRU VHOI FRQWDLQHG PDLVRQHWWH )XOO YDFDQW SRVVHVVLRQ

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK 6WDQVWHDG 5RDG 3XEOLF WUDQVSRUW LQFOXGHV &DWIRUG DQG &DWIRUG %ULGJH UDLOZD\ VWDWLRQV 6KRSSLQJ DPHQLWLHV DUH DW 5XVKH\ *UHHQ 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW %O\WKH +LOO )LHOGV $FFRPPRGDWLRQ )LUVW IORRU 7ZR EHGURRPV *URXQG IORRU 5HFHSWLRQ URRP NLWFKHQ EDWKURRP ZF 2XWVLGH 2ZQ UHDU JDUGHQ 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP ULVLQJ 1RWH :H DUH DGYLVHG WKDW WKH YHQGRUV DUH LQ FRQWDFW ZLWK WKH IUHHKROGHUV UHJDUGLQJ D OHDVH H[WHQVLRQ SURVSHFWLYH SXUFKDVHUV DUH DGYLVHG WR UHDG WKH OHJDO GRFXPHQWDWLRQ WR VDWLVI\ WKHPVHOYHV DV WR WKH FXUUHQW SRVLWLRQ

9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

5() '6

*DYHVWRQH 5RDG /HHb6( b %: /RQJ OHDVHKROG JURXQG IORRU SXUSRVH EXLOW IODW ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG RII $OQZLFN 5RDG 3XEOLF WUDQVSRUW LQFOXGHV /HH UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH DW %XUQW $VK 5RDG 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 1RUWKEURRN 3DUN $FFRPPRGDWLRQ 7ZR EHGURRPV UHFHSWLRQ URRP NLWFKHQ GLQHU EDWKURRP ZF 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG DQG GRXEOH JOD]LQJ

7HQDQF\ /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ IRU PRQWKV IURP 0DUFK DW D UHQW RI Â… SHU ZHHN +ROGLQJ RYHU

7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP


/RW

5() '6

6RXWKZRRG 5RDG 1HZb(OWKDPb6( b 46 /RQJ OHDVHKROG ORZHU JURXQG IORRU VHOI FRQWDLQHG XQLW ZLWK SODQQLQJ SHUPLVVLRQ IRU WKH FRQYHUVLRQ LQWR WZR VHOI FRQWDLQHG IODWV )XOO YDFDQW SRVVHVVLRQ

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

/HDVH 7R EH VROG RQ D QHZ OHDVH IRU D WHUP RI \HDUV DW D JURXQG UHQW WR EH DGYLVHG 9LHZLQJ 6HH VHSDUDWH VKHHW

/RW

5DPVJDWH 5RDG 0DUJDWH .HQWb&7 b (< )UHHKROG WZR IORRU HQG RI WHUUDFH KRXVH 3ODQQLQJ SHUPLVVLRQ IRU WKH HUHFWLRQ RI DQ DGGLWLRQDO WKUHH EHGURRP KRXVH WR WKH VLGH ,QYHVWPHQW

/RFDWLRQ 6LWXDWHG FORVH WR WKH MXQFWLRQ ZLWK 1DVK &RXUW 5RDG 3XEOLF WUDQVSRUW LQFOXGHV 0DUJDWH UDLOZD\ VWDWLRQ 6KRSSLQJ DPHQLWLHV DUH ORFDO 5HFUHDWLRQ IDFLOLWLHV FDQ EH IRXQG DW 7LYROL 3DUN $FFRPPRGDWLRQ )LUVW IORRU )RXU EHGURRPV EDWKURRP ZF *URXQG IORRU 5HFHSWLRQ URRP GLQLQJ URRP NLWFKHQ VKRZHU URRP ZF 2XWVLGH 5HDU JDUGHQ 7KH SURSHUW\ EHQHILWV IURP FHQWUDO KHDWLQJ QRW WHVWHG DQG GRXEOH JOD]LQJ

7HQDQF\ /HW RQ DQ DVVXUHG VKRUWKROG WHQDQF\ IRU PRQWKV IURP DW D UHQW RI Â… SHU PRQWK KROGLQJ RYHU

7RWDO UHQW UHVHUYHG Â… SHU DQQXP

3ODQQLQJ 3ODQQLQJ SHUPLVVLRQ KDV EHHQ JUDQWHG E\ 7KDQHW 'LVWULFW &RXQFLO RQ WKH IRU WKH HUHFWLRQ RI DQ DGGLWLRQDO WZR IORRU KRXVH WR WKH VLGH WR FRPSULVH 7KUHH EHGURRPV 5HFHSWLRQ URRP GLQLQJ URRP NLWFKHQ EDWKURRP ZF VHSDUDWH ZF &RSLHV RI WKH SODQV DQG SODQQLQJ SHUPLVVLRQ DUH DYDLODEOH IRU LQVSHFWLRQ IURP WKH DXFWLRQHHUV

ZZZ DV U FR XN

5() '6


/RW

5() 0$

)ODW 7KH 2OG )ORXU 0LOO /RQGRQ 5RDG 'RYHU .HQWb&7 b 74 /RQJ OHDVHKROG VHFRQG IORRU VHOI FRQWDLQHG IODW ,QYHVWPHQW

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

7HQDQF\ /HW RQ D PRQWK DVVXUHG VKRUWKROG WHQDQF\ IURP DW D UHQW RI SHU PRQWK 7RWDO UHQW UHVHUYHG Â… SHU DQQXP

/HDVH +HOG RQ D OHDVH IRU D WHUP RI \HDUV IURP DW D JURXQG UHQW RI Â… SHU DQQXP 9LHZLQJ 7HOHSKRQH DXFWLRQHHUV

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

Professional Property People


/RW

5() '6

*DUDJHV &KULVWRSKHU &ORVH /DQG DW -RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 3DLU RI IUHHKROG ORFN XS JDUDJHV DQG ODQG RI DSSUR[LPDWHO\ VT P VT IW

'HYHORSPHQW SRWHQWLDO VXEMHFW WR FRQVHQWV

3DUW 9DFDQW 3RVVHVVLRQ

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV /RFDWLRQ 6LWXDWHG RII 3DWULFLD 5RDG 3XEOLF WUDQVSRUW LQFOXGHV 1RUZLFK UDLOZD\ VWDWLRQ 'HVFULSWLRQ $ UHFWDQJXODU VKDSHG SLHFH RI ODQG ZKLFK UXQV EHWZHHQ &KULVWRSKHU &ORVH -RVHSKLQH &ORVH DW RQH HQG WKURXJK WR 3DWULFLD 5RDG ZLWK DFFHVV IURP -RVHSKLQH &ORVH DQG &KULVWRSKHU &ORVH 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

*DUDJHV

\HDUV

Â… ULVLQJ

7RWDO UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ WRJHWKHU ZLWK YDFDQW SRVVHVVLRQ RI WKH ODQG 1RWH 7KH ODQG PD\ EHQHILW IURP GHYHORSPHQW SRWHQWLDO VXEMHFW WR WKH QHFHVVDU\ SODQQLQJ FRQVHQWV 3URVSHFWLYH SXUFKDVHUV PXVW UHO\ RQ WKHLU RZQ HQTXLULHV LQ WKLV UHJDUG

/RW

5() '6

*DUDJHV 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3) (OHYHQ IUHHKROG ORFN XS JDUDJHV ,QYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

*DUDJHV

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ 1RWH 7KH YHQGRU UHVHUYHV WKH ULJKW WR RIIHU /RWV DV RQH /RW RU LQGLYLGXDOO\

ZZZ DV U FR XN


/RW

5() '6

*DUDJHV /DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 4= 7ZHOYH IUHHKROG ORFN XS JDUDJHV ,QYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

*DUDJHV

\HDUV

Â… ULVLQJ

7RWDO UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ 1RWH 7KH YHQGRU UHVHUYHV WKH ULJKW WR RIIHU /RWV DV RQH /RW RU LQGLYLGXDOO\

/RW

5() '6

*DUDJHV -RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 b 3* 3DLU RI IUHHKROG ORFN XS JDUDJHV ,QYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

*DUDJH

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â…

7RWDO UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ 1RWH 7KH YHQGRU UHVHUYHV WKH ULJKW WR RIIHU /RWV DV RQH /RW RU LQGLYLGXDOO\

/RW

5() '6

*DUDJHV /DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 4= 7KUHH IUHHKROG ORFN XS JDUDJHV ,QYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

*DUDJHV

\HDUV

Â… ULVLQJ

7RWDO UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ 1RWH 7KH YHQGRU UHVHUYHV WKH ULJKW WR RIIHU /RWV DV RQH /RW RU LQGLYLGXDOO\

/RW

5() '6

*DUDJH /DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 4= )UHHKROG ORFN XS JDUDJH ,QYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ 1RWH 7KH YHQGRU UHVHUYHV WKH ULJKW WR RIIHU /RWV DV RQH /RW RU LQGLYLGXDOO\


Lot 73

REF: DS

21 & 21a Epsom Road, Morden, Surrey SM4 5PN Freehold ground rents secured upon two self-contained flats Ground rent investment

Valuable reversion of number 21 in approximately 60 years Unit

Lease Term

From

Rent Per Annum

21

99 years

24/6/1975

£66 (rising)

21a

189 years

24/6/1975

£110 (rising)

Valuable reversion of number 21 in approximately 60 years Total ground rent reserved £176 per annum (rising)

Lot 74

REF: DS

3 & 3a Beechwood Avenue, Greenford, Middlesex UB6 9UA Freehold ground rents secured upon two self-contained flats Ground rent investment

Valuable reversion of number 3 in approximately 43 years Unit

Lease Term

From

Rent Per Annum

3

99 years

25/12/1958

£5

3a

189 years

29/9/1977

Peppercorn

Valuable reversion of number 3 in approximately 43 years Total ground rent reserved £5 per annum

60

www.as-r.co.uk


/RW

5() '6

7\HVKXUVW &ORVH $EEH\b:RRGb6( b '= )UHHKROG JURXQG UHQWV VHFXUHG XSRQ WZR VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… GRXEOLQJ DW WKH HQG RI HDFK WK \HDU

\HDUV

Â… GRXEOLQJ DW WKH HQG RI HDFK WK \HDU

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

(DUO V &RXUW 6TXDUH (DUOVb&RXUWb6: b '* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ WKLUWHHQ VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

)ODWV

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

(DUO V &RXUW 6TXDUH (DUOVb&RXUWb6: b '* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ HLJKWHHQ VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

)ODWV

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

:LFNKDP 5RDG %URFNOH\b6( b 3) )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

D

\HDUV

Â… ULVLQJ

E

\HDUV

Â… ULVLQJ

F

\HDUV

Â… ULVLQJ

G

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ


/RW

5() '6

&KULVWRSKHU &ORVH 1RUZLFK 1RUIRONb15 b 34 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WKUHH JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

*DUDJHV

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

&KULVWRSKHU &ORVH 1RUZLFK 1RUIRONb15 b 34 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

&KULVWRSKHU &ORVH 1RUZLFK 1RUIRONb15 b 34 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

&KULVWRSKHU &ORVH 1RUZLFK 1RUIRONb15 b 34 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ WZHOYH VHOI FRQWDLQHG IODWV DQG QLQH JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

3HSSHUFRUQ

DQG *DUDJHV UHVSHFWLYHO\

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

*DUDJHV

\HDUV

Â… SHU DQQXP ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

ZZZ DV U FR XN


/RW

5() '6

&KULVWRSKHU &ORVH 1RUZLFK 1RUIRONb15 b 34 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

&KULVWRSKHU &ORVH 1RUZLFK 1RUIRONb15 b 34 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WKUHH JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

3HSSHUFRUQ

\HDUV

Â… ULVLQJ

*DUDJHV

\HDUV

Â… SHU DQQXP ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

&KULVWRSKHU &ORVH 1RUZLFK 1RUIRONb15 b 34 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG RQH JDUDJH *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

-RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 b 3* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ


/RW

5() '6

-RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 b 3* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WKUHH JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

*DUDJHV

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

-RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 b 3* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG RQH JDUDJH *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ DQG Â… LQ

/RW

5() '6

-RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 b 3* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ WZHOYH VHOI FRQWDLQHG IODWV DQG ILYH JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

3HSSHUFRUQ

\HDUV

Â… ULVLQJ

\HDUV

3HSSHUFRUQ

*DUDJHV

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ DQG Â… LQ

/RW

5() '6

-RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 b 3* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

DQG *DUDJH

\HDUV

3HSSHUFRUQ

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ DQG Â… LQ

ZZZ DV U FR XN


/RW

5() '6

-RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 b 3* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG RQH JDUDJH *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

-RVHSKLQH &ORVH 1RUZLFK 1RUIRONb15 b 3* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… SHU DQQXP LQ

/RW

5() '6

/DG\ %HWW\ 5RDG 1RUZLFK 1RUIRONb15 b 48 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ DQG Â… LQ

/RW

5() '6

/DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 4= )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG RQH JDUDJH *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ


/RW

5() '6

/DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 5$ )UHHKROG JURXQG UHQWV VHFXUHG XSRQ VL[ VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

/DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 5$ )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ DQG Â… LQ

/RW

5() '6

/DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 5$ )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

/DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 5$ )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

ZZZ DV U FR XN


/RW

5() '6

/DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 5% )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WKUHH JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

\HDUV

3HSSHUFRUQ

*DUDJHV

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ DQG Â… LQ

/RW

5() '6

HYHQ 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3) )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG RQH JDUDJH *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

HYHQ

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

HYHQ 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3( )UHHKROG JURXQG UHQWV VHFXUHG XSRQ VL[ VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ Â… LQ DQG Â… LQ

/RW

5() '6

HYHQ 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3( )UHHKROG JURXQG UHQWV VHFXUHG XSRQ VL[ VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

HYHQ

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â…

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ


/RW

5() '6

HYHQ 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3( )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG WZR JDUDJHV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

DQG *DUDJH

\HDUV

Â… ULVLQJ

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

RGG 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3) )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

3HSSHUFRUQ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

RGG 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3( )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

RGG

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

RGG 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3( )UHHKROG JURXQG UHQWV VHFXUHG XSRQ VL[ VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â… ULVLQJ

\HDUV

3HSSHUFRUQ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

ZZZ DV U FR XN


/RW

5() '6

RGG 3DWULFLD 5RDG 1RUZLFK 1RUIRONb15 b 3( )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

RGG

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

RGG 6W $OEDQV 5RDG /DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 4; )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV DQG RQH JDUDJH *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

RGG

\HDUV

Â… ULVLQJ

/DG\ 0DU\ 5RDG

\HDUV

Â… ULVLQJ

*DUDJH

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

HYHQ 6W $OEDQV 5RDG /DG\ 0DU\ 5RDG 1RUZLFK 1RUIRONb15 b 4< )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW

,Q WKH VDPH RZQHUVKLS IRU RYHU \HDUV 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

HYHQ

\HDUV

Â… ULVLQJ

/DG\ 0DU\ 5RDG

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ WR Â… LQ

/RW

5() '6

5HQIUHZ 5RDG .HQQLQJWRQb6( b %) )UHHKROG JURXQG UHQWV VHFXUHG XSRQ VHYHQ VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

\HDUV

Â…

\HDUV

Â…

\HDUV

Â…

\HDUV

Â…

\HDUV

Â…

\HDUV

Â…

\HDUV

Â…

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP


/RW

5() '6

)ODWV & 2FNOH\ 5RDG 6WUHDWKDPb6: b 8* )UHHKROG JURXQG UHQWV VHFXUHG XSRQ VL[ VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

)ODWV

\HDUV

Â… HDFK

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP

/RW

5() '6

'XPEDUWRQ 5RDG %UL[WRQb6: b /7 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ WKUHH VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

D

\HDUV

Â…

E

\HDUV

Â…

F

\HDUV

Â…

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP

/RW

5() '6

*LSV\ +LOO 8SSHUb1RUZRRGb6( b 1/ )UHHKROG JURXQG UHQWV VHFXUHG XSRQ QLQH VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

)ODWV

\HDUV

Â… HDFK

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP

/RW

5() '6

1HZ &URVV 5RDG 1HZb&URVVb6( b $' )UHHKROG JURXQG UHQWV VHFXUHG XSRQ IRXU VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

D

\HDUV

Â… ULVLQJ

E

\HDUV

Â… ULVLQJ

F

\HDUV

Â… ULVLQJ

G

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ

ZZZ DV U FR XN


/RW

5() '6

&KHUU\ 7UHH /DQH 5DLQKDP (VVH[b50 b 77 )UHHKROG JURXQG UHQWV VHFXUHG XSRQ WKUHH VHOI FRQWDLQHG IODWV *URXQG UHQW LQYHVWPHQW 8QLW

/HDVH 7HUP

)URP

5HQW 3HU $QQXP

$

\HDUV

Â… ULVLQJ

%

\HDUV

Â… ULVLQJ

&

\HDUV

Â… ULVLQJ

7RWDO JURXQG UHQW UHVHUYHG Â… SHU DQQXP ULVLQJ

End of sale

Next auction:

22nd September 2014 For further information contact: E: auctions@as-r.co.uk

www.as-r.co.uk


Solicitors List July 2014 03/07/2014 10:28 Page 72

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

72

www.as-r.co.uk

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).


Solicitors List July 2014 03/07/2014 10:28 Page 73

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

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.

73


Solicitors List July 2014 03/07/2014 10:28 Page 74

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

74

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.

www.as-r.co.uk

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.


Solicitors List July 2014 03/07/2014 10:28 Page 75

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.

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.

75


Solicitors List July 2014 03/07/2014 10:28 Page 76

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.

76

www.as-r.co.uk

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.


Solicitors List July 2014 03/07/2014 10:28 Page 77

General conditions of sale

G25. Warranties G25.1 Available warranties are listed in the special conditions. G25.2 Where a warranty is assignable the seller must: (a) on completion assign it to the buyer and give notice of assignment to the person who gave the warranty; and (b) apply for (and the seller and the buyer must use all reasonable endeavours to obtain) any consent to assign that is required. If consent has not been obtained by completion the warranty must be assigned within five business days after the consent has been obtained. G25.3 If a warranty is not assignable the seller must after completion: (a) hold the warranty on trust for the buyer; and (b) at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to the warranty as do not place the seller in breach of its terms or expose the seller to any liability or penalty. G26. No assignment The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part of the buyer’s interest under this contract. G27. Registration at the Land Registry G27.1 This condition G27.1 applies where the lot is leasehold and its sale either triggers first registration or is a registrable disposition. The buyer must at its own expense and as soon as practicable: (a) procure that it becomes registered at Land Registry as proprietor of the lot; (b) procure that all rights granted and reserved by the lease under which the lot is held are properly noted against the affected titles; and (c) provide the seller with an official copy of the register relating to such lease showing itself registered as proprietor. G27.2 This condition G27.2 applies where the lot comprises part of a registered title. The buyer must at its own expense and as soon as practicable: (a) apply for registration of the transfer; (b) provide the seller with an official copy and title plan for the buyer’s new title; and (c) join in any representations the seller may properly make to Land Registry relating to the application. G28. Notices and other communications G28.1 All communications, including notices, must be in writing. Communication to or by the seller or the buyer may be given to or by their conveyancers. G28.2 A communication may be relied on if: (a) delivered by hand; or (b) made electronically and personally acknowledged (automatic acknowledgement does not count); or (c) there is proof that it was sent to the address of the person to whom it is to be given (as specified in the sale memorandum) by a postal service that offers normally to deliver mail the next following business day. G28.3 A communication is to be treated as received: (a) when delivered, if delivered by hand; or (b) when personally acknowledged, if made electronically; but if delivered or made after 1700 hours on a business day a communication is to be treated as received on the next business day. G28.4 A communication sent by a postal service that offers normally to deliver mail the next following business day will be treated as received on the second business day after it has been posted. G29. Contracts (Rights of Third Parties) Act 1999 No one is intended to have any benefit under the contract pursuant to the Contract (Rights of Third Parties) Act 1999.

Extra conditions of sale 1.

Sale by private treaty The Seller reserves the right (and the Auctioneers shall be entitled to exercise that right on behalf of the Seller) to sell the whole or any part of the Lot by private treaty before the auction.

2. Fixtures fittings service media and installations 2.1 The Seller makes no representations the ownership of fixtures fittings electrical wiring and fittings gas fittings and installations or central heating installation or any pipes or any sanitary or other fittings or any fixtures of a type normally described as landlord's fixtures. The Buyer shall satisfy himself the ownership of them and whether or not they or any of them are subject to any conditional or deferred sale or any hire or hire purchase agreements and the sale is subject to the rights of any person in or to them. 2.2 Neither the Seller nor the Auctioneer accepts any liability in respect of payment which may be outstanding in respect of those fixtures fittings and installations or any of them or any other responsibility whatsoever regarding them. 2.3 Where the Seller is a party to any conditional or deferred sale or hire or hire purchase agreement as referred to in Extra Condition 2.1 above the Buyer shall keep the Seller fully and effectively indemnified from and against all costs claims demands and damages and losses and any other expenses arising from any breach non-observance or non-performance of the contract (whether or not resulting from the sale to the Buyer). 3. Parties' Capacity 3.1 If the individual who signed the memorandum in respect of any Lot on behalf of the Buyer is not the same individual who made the successful bid their liability shall be joint and several between them and if neither of them is the principal then the liability will also be joint and several with that of the principal and such individual or individuals are in these Extra Conditions referred to as "the Guarantor". 3.2 If the Buyer shall be a body corporate or a body of trustees then the contract shall be deemed to be entered into at the request of the Guarantor and: 3.2.1 the Guarantor warrants that the Buyer is a properly constituted body corporate or body of trustees of good standing and empowered to purchase any estate or interest in and (or an estate or interest in land of the nature of the Lot) and has or will at the agreed completion date have the funds available to complete the purchase; 3.2.2 the Guarantor warrants that he has been duly authorised by the Buyer to bind the Buyer (and if more than one then each of them) to purchase the Lot. 3.3 The Guarantor (as witnessed by his signing the sale memorandum which he shall be deemed to have done both as agent for the Buyer and himself as Guarantor) guarantees to the Seller that : 3.3.1 he will within five (5) Working Days of any written request from the Seller's solicitors supply reasonable evidence to support the foregoing warranties; 3.3.2 the Buyer will observe and perform his obligations under the contract to purchase the Lot; 3.3.3 he will pay make good and keep the Seller indemnified against all losses actions costs damages and expenses arising by virtue of any neglect or forbearance on the part of the Seller in enforcing or giving time to the Buyer for the performance of the Buyer's contract; and 3.3.4 if the Buyer is a company and enters into liquidation and the liquidator disclaims the contract and if after that the Seller gives not less than 14 days' notice requiring the guarantor to complete the purchase and pay any sums due under the contract then the Guarantor will comply with the requisition. 4. Deposit 4.1 For the purposes of General Condition G2.1(a) the minimum deposit shall be £1,000.00 exclusive of any VAT on the price. 4.2 General Condition G2.2(b) shall be deemed to be deleted and shall be replaced by the following :"The deposit shall be paid to and held by the Auctioneer as agent for the Seller unless the auction conduct conditions provide that it is to be held as stakeholder." 5.

Payment on completion In General Condition G6.3(a) the words "of cleared funds" are to be inserted after the words "direct transfer"

6.

Interest and apportionments The following shall be deemed to be added to General Condition G10.1: "In addition, the Seller shall be entitled to receive income in respect of the Lot during any period of delay in completion up to the actual completion date."

7. Covenants in leases 7.1 The Seller may from the Contract Date and prior to Completion serve notice on any tenant of a Lot in accordance with the Landlord & Tenant (Covenants) Act 1995 seeking a release on the part of the Seller from future liability under the landlord's covenants in any relevant Tenancy. 7.2 if the Seller serves such a notice the Seller shall endeavour to obtain a release but the Seller shall not be required to apply to the Court for a declaration to that effect. The Buyer agrees to supply at the Buyer's cost such information as the Seller may require to satisfy the tenant or the Court that it is reasonable to grant the release. 7.3 if the Seller either fails to obtain a release by Completion or does not serve a notice then the Buyer shall covenant with the Seller in the Transfer: 7.3.1 to serve notice in writing on the Seller on Completion or within five Business Days after Completion of the transfer of the Lot or any part of it by the Buyer to any transferee of the Buyer; and 7.3.2 until the Seller is released from the landlord's covenants, to obtain a covenant from its transferee in favour of the Seller in identical form to this clause 7. Furthermore the parties will apply to the Land Registry to enter in the proprietorship register of the title to the property a restriction preventing the registration of any further transfer unless accompanied by a certificate from the solicitors of the registered proprietor stating either that the provisions of clause 7 have been performed or that the Seller has been released from future liability under the covenants contained in the Tenancy. 8.

Buyer's fee The Buyer will be required to pay to the Auctioneers an administration fee as detailed in the catalogue (including VAT) in respect of each Lot on completion of the sale memorandum.

77


Solicitors List July 2014 03/07/2014 10:28 Page 78

Vendors solicitors list

Lot 1

46a Astonville Street Southfields SW18 5AL Bude Nathan Iwanier 1-2 Temple Fortune Parade Bridge Lane London NW11 OQN Tel. 020 8458 5656 Ref: Mr S. Pariente

Lot 20

Flat 2, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie

Lot 2

17 Finborough Road Tooting SW17 9HY Broadbridge Grimes 110 Morden Road South Wimbledon London SW19 3BP Tel. 0208 545 1480 Ref: Mr J. Dixon

Lot 21

Flat 4, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie

Lot 3

97a Klea Avenue Clapham SW4 9HZ Bude Nathan Iwanier 1-2 Temple Fortune Parade Bridge Lane London NW11 OQN Tel. 020 8458 5656 Ref: Mr S. Pariente

Lot 22

Flat 6, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie

Lot 4

96 Riggindale Road Streatham SW16 1QJ Lambeth Legal Services London Borough of Lambeth Lambeth Town Hall Brixton Hill SW2 1RE Tel. 020 7926 1000 Ref: Ms E.Nicolaou

Lot 23

Lower Ground Floor Flat 87 Warwick Road Earls Court SW5 9EZ Michael Simkins LLP Lynton House 7-12 Tavistock Square London WC1H 9LT Tel. 020 7874 5600 Ref: Mr C. Evans

Lot 24

Lot 5

5 Aylesbury Road Walworth SE17 2EQ Ross & Craig Swift House 12a Upper Berkeley Street London W1H 7PE Tel. 020 7262 3077 Ref: Mr P. Bardsley

Flat 1, 3-7 & 9-10, 66 Warwick Road Earls Court SW5 9EJ Matthew Arnold & Baldwin 21 Station Road Watford Hertfordshire WD17 1HT Tel. 01923 202 020 Ref: Mr B. Ramsey

Lot 25

Lot 6

39 Gateway Walworth SE17 3UE HowardKennedyFsi 179 Great Portland Street London W1W 5LS Tel. 020 3350 3350 Ref: Ms E. Horsley

Shepherds Cottage Harts Lane Biddestone Chippenham Wiltshire SN14 7DQ Veale Wasbrough Vizards Barnards Inn 86 Fetter Lane London EC4A 1AD Tel. 020 7405 1234 Ref: Ms S. Mitchell

Lot 7

2b Shenley Road Camberwell SE5 8NN QualitySolicitors - Amphlett Lissimore 80- 86 Westow Street Crystal Palace London SE19 3AF Tel. 020 8771 5254 Ref: Ms E. Buck

Lot 26

116-118 Anerley Park Penge SE20 8NU Pearson Hards Fountain House 2 Kingston Road New Malden Surrey KT3 3LR Tel. 020 8949 9500 Ref: Mr D. Morrison

Lot 8

553c Lordship Lane East Dulwich SE22 8LB Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie

Lot 27

151 Camberwell New Road Camberwell SE5 0SU Lewis & Dick Solicitors 443 Kingston Road Ewell Surrey KT19 0DG Tel. 020 8393 0055 Ref: Mr J. Owens

Lot 28 Lot 9

Flat 1 Raie Maisonettes, 383 Barry Road East Dulwich SE22 0JZ Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie

131 High Street Barnet Hertfordshire EN5 5UZ Brecher Solicitors 4th Floor 64 North Row Mayfair W1K 7DA Tel. 020 7563 1000 Ref: Ms M. Brown

Lot 29 Lot 10

38a Bensham Lane Croydon Surrey CR0 2RQ Ingram Winter Green LLP Bedford House 21a John Street London WC1N 2BL Tel. 020 7845 7400 Ref: Mr N. Green

305 Sydenham Road Sydenham SE26 5EW Judge & Priestley LLP Justin House 6 West Street Bromley Kent BR1 1JN Tel. 020 8290 0333 Ref: Ms L. Rudd

Lot 30 Lot 11

20 Pelham Road Wimbledon SW19 1SX Ormerods Solicitors 1 Printer's Yard 90a The Broadway Wimbledon SW19 1RD Tel. 020 8686 5000 Ref: Ms H. Beckitt

23-25 Whitley Street Reading Berkshire RG2 0EG Gaby Hardwicke 33 The Avenue Eastbourne East Sussex BN12 3YD Tel. 01323 435 900 Ref: Mr N. Wickens

Lot 31 Lot 12

102 Lower Richmond Road Putney SW15 1LN Russell Cooke LLP 2 Putney Hill London SW15 6AB Tel. 020 8789 9111 Ref: Mr N. Coats

47 London Road Forest Hill SE23 3TY Arthur & Co 435 Rayners Lane Pinner Middlesex HA5 5ET Tel. 020 8806 8282 Ref: Mr B. Sharma

Lot 32 Lot 13

1 Gardeners Cottages Woodlands Walk Blackwater Camberley Surrey GU17 9HT Ross & Craig Swift House 12a Upper Berkeley Street London W1H 7PE Tel. 020 7262 3077 Ref: Mr P. Bardsley

57 Penge Road South Norwood SE25 4EJ Irwin Mitchell LLP 2 Wellington Place Leeds LS1 4BZ Tel. 0870 1500 100 Ref: Ms E. Verity

Lot 33

9 Queensway Redhill Surrey RH1 1QT Burges Salmon LLP One Glass Wharf Bristol BS2 0ZX Tel. 0117 939 2000 Ref: Mr J. Webb

Lot 34

76 Peckham High Street Peckham SE15 5ED Gough Clinton & Broom 104 Bellegrove Road Welling Kent DA16 3QD Tel. 020 8301 9000 Ref: Mr A. Sevket

Lot 35

114 Peckham High Street Peckham SE15 5ED HallmarkHulme Solicitors 3, 4 & 5 Sansome Place Worcester WR1 1UQ Tel. 01905 726 600 Ref: Mr T.A.F. Sherwood

Lot 14

5 Tanyard Cottages Farnham Road Petersfield Hampshire GU32 2AW Romain Coleman 183/185 Hoe Street Walthamstow E17 3AP Tel. 020 8520 4555 Ref: C. Baldwin Esq

Lot 15

4a Vaughan Road Harrow Middlesex HA1 4EE Michael Simkins LLP Lynton House 7-12 Tavistock Square London WC1H 9LT Tel. 020 7874 5600 Ref: Mr A. Nelson

Lot 16

1 Woodlands Grove Isleworth Middlesex TW7 6NS Russell Cooke LLP 2 Putney Hill London SW15 6AB Tel. 020 8789 9111 Ref: Mr N. Coats

Lot 36

161 Castle Road Bedford MK40 3RT Berwin Leighton Paisner LLP Adelaide House London Bridge London EC4R 9HA Tel. 020 3400 1000 Ref: Ms D. Okafor

Lot 17

3 Blackhorse Road Sidcup Kent DA14 6ET Romain Coleman 183/185 Hoe Street Walthamstow E17 3AP Tel. 020 8520 4555 Ref: C. Baldwin Esq

Lot 37

Units 4 & 5, 42-54 Camden Road Tunbridge Wells Kent TN1 2QD Kuit Steinart Levy LLP 3 St Marys Parsonage Manchester M3 2RD Tel. 0161 832 3434 Ref: Mr D. Marlor

Lot 18

122 McLeod Road Abbey Wood SE2 0BS Bond Dickinson LLP One Trinity Broad Chare Newcastle upon Tyne NE1 2HF Tel. 0191 279 9000 Ref: Mr I. Gallon

Lot 38

71 Sidcup High Street Sidcup Kent DA14 6DW AS Solicitors James House 382 Lee High Road Lewisham SE12 8RW Tel. 020 8318 4345 Ref: Mr A. Sofi

Lot 19

534 Streatham High Road Streatham SW16 3QF Skelly & Corsellis 77 St. Johns Road Clapham Junction London SW11 1QZ Tel. 020 7350 1068 Ref: Mr F. Abbott

Lot 39

2 Welling Way & 211-213 Bellegrove Road Welling Kent DA16 3RQ Whitehead Monckton 32-33 Watling Street Canterbury Kent CT1 2AN Tel. 01227 643 250 Ref: Ms M. Marriner

78

www.as-r.co.uk


Solicitors List July 2014 03/07/2014 10:28 Page 79

Vendors solicitors list

Lot 40

124a & 124b Main Road Biggin Hill Westerham Kent TN16 3BA Ormerods Solicitors 45 Friends Road Croydon CR0 1ED Tel. 020 8686 5000 Ref: Ms J. Colwell

Lot 60

41 Adamsrill Road Sydenham SE26 4AJ Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie

Lot 41

192 & 192a Court Road Mottingham SE9 4EW Cook Taylor Woodhouse 68-70 Eltham High Street Eltham London SE9 1BZ Tel. 020 8859 0936 Ref: Mr N. Woodhouse

Lot 61

Flat 2, 43 Selhurst Road South Norwood SE25 5QA Rich and Carr Solicitors 10/10a Station Road Lutterworth Leicester LE17 4AP Tel. 01455 556 321 Ref: Mr J. Crowle

Lot 42

7 - 9 Brockley Cross Brockley SE4 2AB Rix & Kay Solicitors LLP 16 South Park Sevenoaks Kent TN13 1AN Tel. 01732 440 855 Ref: Mr R. Cripps

Lot 62

Flat 4, 41 Catford Hill Catford SE6 4NU Thackray Williams 73 Station Road West Wicham Kent BR4 0QG Tel. 020 8777 6698 Ref: Mr K. Gauntlet

Lot 43

Broseley House Widnes Road Widnes Cheshire WA8 6AH Black Graf LLP 100 Baker Street London W1U 6WG Tel. 020 7586 1141 Ref: Mr P. Scott

Lot 63

86 Gavestone Road Lee SE12 9BW Hepburns Solicitors Unit 1 Blackwater Court 17-21 Blackwater Street Dulwich SE22 8SD Tel. 020 8299 3376 Ref: M. Harrison Esq

Lot 44

Garages adjacent to 28 Turin Road Edmonton N9 8BT Enfield Council Legal Department PO Box 50 Civic Centre Silver Street Enfield EN1 3XA Tel. 020 8379 1000 Ref: Mr D. Creevy

Lot 64

102 Southwood Road New Eltham SE9 3QS Michael Simkins LLP Lynton House 7-12 Tavistock Square London WC1H 9LT Tel. 020 7874 5600 Ref: Mr C. Evans

Lot 45

Garages opposite 38-40 Croyland Road Edmonton N9 7AY Enfield Council Legal Department PO Box 50 Civic Centre Silver Street Enfield EN1 3XA Tel. 020 8379 1000 Ref: Mr D. Creevy

Lot 65

149 Ramsgate Road Margate Kent CT9 4EY Hepburns Solicitors Unit 1 Blackwater Court 17-21 Blackwater Street Dulwich SE22 8SD Tel. 020 8299 3376 Ref: M. Harrison Esq

Lot 46

Former Site Office 14 Sutton Approach Killingbeck Leeds LS14 6AH Sharratts 1 The Old Yard Rectory Lane Brasted Kent TN16 1JP Tel. 01959 568 000 Ref: Mr P. Skelton

Lot 66

Flat 5 The Old Flour Mill 113 London Road Dover Kent CT17 0TQ Buglear Bate & Co 31 Guildford Road Woking Surrey GU22 7QQ Tel. 01483 715 527 Ref: Mr J. Bate

Lot 47

Land and Tennis Court at Ulverscroft Bakeham Lane Englefield Green Egham Surrey TW20 9TT Reed Smith LLP Broadgate Tower 20 Primrose Street London EC2A 2RS Tel. 020 3116 3000 Ref: Mr G. Yussouf

Lot 67

Garages 7-8 Christopher Close & Land at Josephine Close Norwich Norfolk NR1 Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 48

Site at Maya Close and Gordon Road Peckham SE15 2AQ Hepburns Solicitors Unit 1 Blackwater Court 17/21 Blackwater Street London SE22 8SD Tel. 020 8299 3376 Ref: Mr N. Miller

Lot 68

Garages 8-19 Patricia Road Norwich Norfolk NR1 2PF Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 49

Land to Rear of 29 Honor Oak Park Forest Hill SE23 1DZ Rokeby Johnson Baars 22 Gilbert Street London W1K 5HD Tel. 020 7499 4990 Ref: Mr A. Riley

Lot 69

Garages 3-16 Lady Mary Road Norwich Norfolk NR1 2QZ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 50

Garages 9 & 10 Lances Close Meopham Kent DA13 0EU Butcher & Barlow 2-6 Bank Street Bury BL9 0DL Tel. 0161 764 4062 Ref: Ms D. Prescott

Lot 70

Garages 9 & 10 Josephine Close Norwich Norfolk NR1 2PG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 51

82 Mayfair Avenue Ilford Essex IG1 3DQ Ross & Craig Swift House 12a Upper Berkeley Street London W1H 7PE Tel. 020 7262 3077 Ref: Mr P. Bardsley

Lot 71

Garages 17-19 Lady Mary Road Norwich Norfolk NR1 2QZ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 52

15 Bata Avenue East Tilbury Essex RM18 8SD Seddons Solicitors 5 Portman Square London W1H 6NT Tel. 020 7725 8000 Ref: Mr P. Pierides

Lot 72

Garage 30 Lady Mary Road Norwich Norfolk NR1 2QZ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 53

114 Earls Hall Avenue Southend-on-Sea Essex SS2 6NS Shoosmiths LLP The Lakes Bedford Road Northampton NN4 7SH Tel. 01604 543 000 Ref: Mr D. Parton

Lot 73

Lot 54

12 Willington Court 8 Mandeville Street Clapton E5 0DQ Kuit Steinart Levy LLP 3 St Marys Parsonage Manchester M3 2RD Tel. 0161 832 3434 Ref: Mr D. Marlor

21 / 21a Epsom Road Morden Surrey SM4 5PN Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies

Lot 74

3 / 3a Beechwood Avenue Greenford Middlesex UB6 9UA Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies

Lot 75

44 / 45 Tyeshurst Close Abbey Wood SE2 0DZ Karslakes Solicitors Friary Court 11/13 Frensham Suite 13-21 High Street Guildford GU1 3DG Tel. 01483 454 242 Ref: Ms E. Davies

Lot 55

66c Cricklewood Broadway Cricklewood NW2 3EP Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie

Lot 56

Flat B, 48 Bromar Road Camberwell SE5 8DL Walter Saunders 382 Brockley Road London SE4 2BY Tel. 020 8694 3050 Ref: Mr A Currie

Lot 57

Flat 1, 32 Brookhill Road Plumstead SE18 6TU Peter Otto & Co Second Floor 151 Rye Lane Peckham SE15 4ST Tel. 020 7252 8278 Ref: Mr P. Otto

Lot 76

51 Earls Court Square Earls Court SW5 9DG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 58

169b Deptford High Street Deptford SE8 3NU Charles Russell LLP Compass House Lypiatt Road Cheltenham Gloucestershire GL50 2QJ Tel. 01242 221 122 Ref: Ms S. Pascoe

Lot 77

53 - 55 Earls Court Square Earls Court SW5 9DG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 59

Flat 13 Foxcote 150 Albany Road Camberwell SE5 0AL Wilson Barca LLP Carlisle Buildings 18 Carlisle Street London W12 3BX Tel. 020 7272 2072 Ref: Ms C. Siu

Lot 78

1 Wickham Road Brockley SE4 1PF Charles Russell LLP Compass House Lypiatt Road Cheltenham Gloucestershire GL50 2QJ Tel. 01242 221 122 Ref: Ms S. Pascoe

79


Solicitors List July 2014 03/07/2014 10:28 Page 80

Vendors solicitors list

Lot 79

1 - 4 Christopher Close Norwich Norfolk NR1 2PQ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 98

23 - 26 Lady Mary Road Norwich Norfolk NR1 2RA Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 80

5 - 8 Christopher Close Norwich Norfolk NR1 2PQ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 99

29 - 32 Lady Mary Road Norwich Norfolk NR1 2RB Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 81

9 - 12 Christopher Close Norwich Norfolk NR1 2PQ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 100

4 - 10 (even) Patricia Road Norwich Norfolk NR1 2PF Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 82

13 - 24 Christopher Close Norwich Norfolk NR1 2PQ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 101

12 - 22 (even) Patricia Road Norwich Norfolk NR1 2PE Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 83

25 - 28 Christopher Close Norwich Norfolk NR1 2PQ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 102

24 - 34 (even) Patricia Road Norwich Norfolk NR1 2PE Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 84

29 - 32 Christopher Close Norwich Norfolk NR1 2PQ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 103

36 - 42 Patricia Road Norwich Norfolk NR1 2PE Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

33 - 36 Christopher Close Norwich Norfolk NR1 2PQ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 104

1 - 7 (odd) Patricia Road Norwich Norfolk NR1 2PF Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

1 - 4 Josephine Close Norwich Norfolk NR1 2PG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 105

5 - 8 Josephine Close Norwich Norfolk NR1 2PG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

19 - 25 (odd) Patricia Road Norwich Norfolk NR1 2PE Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 106

27 - 37 (odd) Patricia Road Norwich Norfolk NR1 2PE Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 107

39 - 45 Patricia Road Norwich Norfolk NR1 2PE Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 108

1 - 5 (odd) St. Albans Road & 28 Lady Mary Road Norwich Norfolk NR1 2QX Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 109

2 - 6 (even) St. Albans Road & 27 Lady Mary Road Norwich Norfolk NR1 2QY Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 85

Lot 86

Lot 87

Lot 88

Lot 89

9 -12 Josephine Close Norwich Norfolk NR1 2PG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley 13 - 24 Josephine Close Norwich Norfolk NR1 2PG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 90

25 - 28 Josephine Close Norwich Norfolk NR1 2PG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 91

29 - 32 Josephine Close Norwich Norfolk NR1 2PG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 92

33 - 36 Josephine Close Norwich Norfolk NR1 2PG Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 110

42 Renfrew Road Kennington SE11 4BF McMillan Williams Solicitors 104 South End South Croydon Surrey CR0 1DQ Tel. 020 8253 7600 Ref: Mr A. Osborne

Lot 93

2 - 8 Lady Betty Road Norwich Norfolk NR1 2QU Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 111

Flats 1-6, 9c Ockley Road Streatham SW16 1UG McMillan Williams Solicitors 104 South End South Croydon Surrey CR0 1DQ Tel. 020 8253 7600 Ref: Mr A. Osborne

Lot 94

5 - 8 Lady Mary Road Norwich Norfolk NR1 2QZ Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 112

3 Dumbarton Road Brixton SW2 5LT McMillan Williams Solicitors 104 South End South Croydon Surrey CR0 1DQ Tel. 020 8253 7600 Ref: Mr A. Osborne

Lot 95

9 - 14 Lady Mary Road Norwich Norfolk NR1 2RA Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 113

Flats 1 - 9, 16 Gipsy Hill Upper Norwood SE19 1NL McMillan Williams Solicitors 104 South End South Croydon Surrey CR0 1DQ Tel. 020 8253 7600 Ref: Mr A. Osborne

Lot 96

15 - 18 Lady Mary Road Norwich Norfolk NR1 2RA Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 114

194 New Cross Road New Cross SE14 5AD Charles Russell LLP Compass House Lypiatt Road Cheltenham Gloucestershire GL50 2QJ Tel. 01242 221 122 Ref: Ms S. Pascoe

Lot 97

19 - 22 Lady Mary Road Norwich Norfolk NR1 2RA Russell Cooke 8 Bedford Row London WC1R 4BX Tel. 020 7405 6566 Ref: Mr D. Stockley

Lot 115

121 Cherry Tree Lane Rainham Essex RM13 8TT P O Box 607 Oxford OX1 9AG Ref: Mr C. Hudson

80

www.as-r.co.uk


auctioneers • estate agents • surveyors

46a Astonville Street Southfields SW18 5AL

17 Finborough Road Tooting SW17 9HY

97a Klea Avenue Clapham SW4 9HZ

96 Riggindale Road Streatham SW16 1QJ

5 Aylesbury Road Walworth SE17 2EQ

39 Gateway Walworth SE17 3UE

2b Shenley Road Camberwell SE5 8NN

553c Lordship Lane East Dulwich SE22 8LB

Flat 1 Raie Maisonettes, 383 Barry Road East Dulwich SE22 0JZ

38a Bensham Lane Croydon Surrey CR0 2RQ

20 Pelham Road Wimbledon SW19 1SX

102 Lower Richmond Road Putney SW15 1LN

1 Gardeners Cottages Woodlands Walk Blackwater Camberley Surrey GU17 9HT

5 Tanyard Cottages Farnham Road Petersfield Hampshire GU32 2AW

4a Vaughan Road Harrow Middlesex HA1 4EE

1 Woodlands Grove Isleworth Middlesex TW7 6NS

3 Blackhorse Road Sidcup Kent DA14 6ET

122 McLeod Road Abbey Wood SE2 0BS

534 Streatham High Road Streatham SW16 3QF

Flat 2, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ

Flat 4, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ

Flat 6, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ

Lower Ground Floor Flat 87 Warwick Road Earls Court SW5 9EZ

Flat 1, 3-7 & 9-10, 66 Warwick Road Earls Court SW5 9EJ

Shepherds Cottage Harts Lane Biddestone Chippenham Wiltshire SN14 7DQ

116-118 Anerley Park Penge SE20 8NU

151 Camberwell New Road Camberwell SE5 0SU

131 High Street Barnet Hertfordshire EN5 5UZ

305 Sydenham Road Sydenham SE26 5EW

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

£350,000 +

£585,000 +

£450,000 +

£1,350,000 +

£275,000 +

£1,200,000 +

£275,000 +

£200,000 +

£190,000 +

£190,000 +

£285,000 +

£235,000 +

£165,000 +

£750,000 +

£180,000 +

£175,000 +

£260,000 +

£850,000 +

£2,000,000 +

£175,000 +

£340,000 +

£390,000 +

£280,000 +

£340,000 +

£360,000 +

£800,000 +

£490,000 +

£525,000 +

£390,000 +

Guide/floor price

57

56

55

54

53

52

51

50

49

48

47

46

45

44

43

42

41

40

39

38

37

36

35

34

33

32

31

30

Lot

Flat 1, 32 Brookhill Road Plumstead SE18 6TU

Flat B, 48 Bromar Road Camberwell SE5 8DL

66c Cricklewood Broadway Cricklewood NW2 3EP

12 Willington Court 8 Mandeville Street Clapton E5 0DQ

114 Earls Hall Avenue Southend-on-Sea Essex SS2 6NS

15 Bata Avenue East Tilbury Essex RM18 8SD

82 Mayfair Avenue Ilford Essex IG1 3DQ

Garages 9 & 10 Lances Close Meopham Kent DA13 0EU

Land to Rear of 29 Honor Oak Park Forest Hill SE23 1DZ

Site at Maya Close and Gordon Road Peckham SE15 2AQ

Land & Tennis Court at Ulverscroft Bakeham Lane Englefield Green Egham Surrey TW20 9TT

Former Site Office 14 Sutton Approach Killingbeck Leeds LS14 6AH

Garages opposite 38-40 Croyland Road Edmonton N9 7AY

Garages adjacent to 28 Turin Road Edmonton N9 8BT

Broseley House Widnes Road Widnes Cheshire WA8 6AH

7 - 9 Brockley Cross Brockley SE4 2AB

192 & 192a Court Road Mottingham SE9 4EW

124a & 124b Main Road Biggin Hill Westerham Kent TN16 3BA

2 Welling Way & 211-213 Bellegrove Road Welling Kent DA16 3RQ

71 Sidcup High Street Sidcup Kent DA14 6DW

Units 4 & 5, 42-54 Camden Road Tunbridge Wells Kent TN1 2QD

161 Castle Road Bedford MK40 3RT

114 Peckham High Street Peckham SE15 5ED

76 Peckham High Street Peckham SE15 5ED

9 Queensway Redhill Surrey RH1 1QT

57 Penge Road South Norwood SE25 4EJ

47 London Road Forest Hill SE23 3TY

23-25 Whitley Street Reading Berkshire RG2 0EG

Address

Central London 45 Pont Street, Knightsbridge, London SW1X 0BD T: 020 7808 8530 F: 020 7708 1981 South London 75 Camberwell Church Street, Camberwell, London SE5 8TU T: 020 7703 4401 F: 020 7708 1981 Dx: 35317 Camberwell Green

Address

Lot

www.as-r.co.uk

£100,000 +

£360,000 +

£215,000 +

Withdrawn

£180,000 +

£95,000 +

£275,000 +

£15,000 +

£15,000 +

£235,000 +

£40,000 +

£8,000 +

£80,000 +

£100,000 +

£120,000 +

£470,000 +

£130,000 +

£240,000 +

£140,000 +

£340,000 +

£130,000 +

£140,000 +

£160,000 +

£470,000 +

£335,000 +

£260,000 +

£880,000 +

£380,000 +

Guide/floor price

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.

Auction sale Monday 21st July 2014

July auction Guide prices


Flat 13 Foxcote 150 Albany Road Camberwell SE5 0AL

41 Adamsrill Road Sydenham SE26 4AJ

Flat 2, 43 Selhurst Road South Norwood SE25 5QA

Flat 4, 41 Catford Hill Catford SE6 4NU

86 Gavestone Road Lee SE12 9BW

102 Southwood Road New Eltham SE9 3QS

149 Ramsgate Road Margate Kent CT9 4EY

Flat 5 The Old Flour Mill 113 London Road Dover Kent CT17 0TQ

Garages 7-8 Christopher Close & Land at Josephine Close Norwich Norfolk NR1

Twenty Nine Garages in Norwich, Norfolk

Garages 8-19 Patricia Road Norwich Norfolk NR1 2PF

Garages 3-16 Lady Mary Road Norwich Norfolk NR1 2QZ

Garages 9 & 10 Josephine Close Norwich Norfolk NR1 2PG

Garages 17-19 Lady Mary Road Norwich Norfolk NR1 2QZ

Garage 30 Lady Mary Road Norwich Norfolk NR1 2QZ

21 / 21a Epsom Road Morden Surrey SM4 5PN

3 / 3a Beechwood Avenue Greenford Middlesex UB6 9UA

44 / 45 Tyeshurst Close Abbey Wood SE2 0DZ

51 Earls Court Square Earls Court SW5 9DG

53 - 55 Earls Court Square Earls Court SW5 9DG

1 Wickham Road Brockley SE4 1PF

1 - 4 Christopher Close Norwich Norfolk NR1 2PQ

5 - 8 Christopher Close Norwich Norfolk NR1 2PQ

9 - 12 Christopher Close Norwich Norfolk NR1 2PQ

13 - 24 Christopher Close Norwich Norfolk NR1 2PQ

25 - 28 Christopher Close Norwich Norfolk NR1 2PQ

29 - 32 Christopher Close Norwich Norfolk NR1 2PQ

33 - 36 Christopher Close Norwich Norfolk NR1 2PQ

1 - 4 Josephine Close Norwich Norfolk NR1 2PG

5 - 8 Josephine Close Norwich Norfolk NR1 2PG

9 -12 Josephine Close Norwich Norfolk NR1 2PG

59

60

61

62

63

64

65

66

67

68-72

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

86

87

88

E: auctions@as-r.co.uk

Address

169b Deptford High Street Deptford SE8 3NU

Lot

58

Guide prices (cont)

£4,275 +

£5,175 +

£4,200 +

£3,900 +

£3,540 +

£4,650 +

£7,530 +

£4,665 +

£4,050 +

£4,050 +

£13,000 +

£25,725 +

£13,125 +

£6,000 +

£35,000 +

£16,000 +

See Above

See Above

See Above

See Above

See Above

£8,000 +

£5,000 +

£60,000 +

£225,000 +

£90,000 +

£120,000 +

£180,000 +

£130,000 +

£240,000 +

£170,000 +

£250,000 +

Guide/floor price

Lot

115

114

113

112

111

110

109

108

107

106

105

104

103

102

101

100

99

98

97

96

95

94

93

92

91

90

89

Address

121 Cherry Tree Lane Rainham Essex RM13 8TT

194 New Cross Road New Cross SE14 5AD

Flats 1 - 9, 16 Gipsy Hill Upper Norwood SE19 1NL

3 Dumbarton Road Brixton SW2 5LT

Flats 1-6, 9c Ockley Road Streatham SW16 1UG

42 Renfrew Road Kennington SE11 4BF

2 - 6 (even) St. Albans Road & 27 Lady Mary Road Norwich Norfolk NR1 2QY

1 - 5 (odd) St. Albans Road & 28 Lady Mary Road Norwich Norfolk NR1 2QX

39 - 45 Patricia Road Norwich Norfolk NR1 2PE

27 - 37 (odd) Patricia Road Norwich Norfolk NR1 2PE

19 - 25 (odd) Patricia Road Norwich Norfolk NR1 2PE

1 - 7 (odd) Patricia Road Norwich Norfolk NR1 2PF

36 - 42 Patricia Road Norwich Norfolk NR1 2PE

24 - 34 (even) Patricia Road Norwich Norfolk NR1 2PE

12 - 22 (even) Patricia Road Norwich Norfolk NR1 2PE

4 - 10 (even) Patricia Road Norwich Norfolk NR1 2PF

29 - 32 Lady Mary Road Norwich Norfolk NR1 2RB

23 - 26 Lady Mary Road Norwich Norfolk NR1 2RA

19 - 22 Lady Mary Road Norwich Norfolk NR1 2RA

15 - 18 Lady Mary Road Norwich Norfolk NR1 2RA

9 - 14 Lady Mary Road Norwich Norfolk NR1 2RA

5 - 8 Lady Mary Road Norwich Norfolk NR1 2QZ

2 - 8 Lady Betty Road Norwich Norfolk NR1 2QU

33 - 36 Josephine Close Norwich Norfolk NR1 2PG

29 - 32 Josephine Close Norwich Norfolk NR1 2PG

25 - 28 Josephine Close Norwich Norfolk NR1 2PG

13 - 24 Josephine Close Norwich Norfolk NR1 2PG

£6,000 +

£13,000 +

£37,800 +

£12,600 +

£25,200 +

£29,400 +

£3,000 +

£4,725 +

£4,650 +

£4,200 +

£3,600 +

£1,650 +

£3,000 +

£6,915 +

£5,175 +

£4,725 +

£3,675 +

£3,075 +

£3,300 +

£2,700 +

£4,950 +

£5,400 +

£3,000 +

£3,675 +

£4,215 +

£2,250 +

£6,975 +

Guide/floor price


auctioneers • estate agents • surveyors

Lot

1

2

3

4

5

6

7

8

9

10

12

13

14

15

16

17

18

22

23

24

25

26

27

28

29

30

Code

PD

PD

PD

PD

PD

PD

PD

MG-1

MG-1

MG-1

O

JML

JML

MA

MA

MG-2

MG-2

PD

O

MA

WILL

MG-1

PD

O

MG-1

WILL

23-25 Whitley Street Reading Berkshire RG2 0EG

305 Sydenham Road Sydenham SE26 5EW

131 High Street Barnet Hertfordshire EN5 5UZ

151 Camberwell New Road Camberwell SE5 0SU

116-118 Anerley Park Penge SE20 8NU

Shepherds Cottage Harts Lane Biddestone Wiltshire SN14 7DQ

Flat 1, 3-7 & 9-10, 66 Warwick Road Earls Court SW5 9EJ

Lower ground floor flat 87 Warwick Road Earls Court SW5 9EZ

Flat 6, 56 - 58 Camberwell Church Street Camberwell SE5 8QZ

122 McLeod Road Abbey Wood SE2 0BS

3 Blackhorse Road Sidcup Kent DA14 6ET

1 Woodlands Grove Isleworth Middlesex TW7 6NS

4a Vaughan Road Harrow Middlesex HA1 4EE

5 Tanyard Cottages Farnham Road Petersfield Hampshire GU32 2AW

1 Gardeners Cottages Woodlands Walk Blackwater Surrey GU17 9HT

102 Lower Richmond Road Putney SW15 1LN

38a Bensham Lane Croydon Surrey CR0 2RQ

Flat 1 Raie Maisonettes, 383 Barry Road East Dulwich SE22 0JZ

553c Lordship Lane East Dulwich SE22 8LB

2b Shenley Road Camberwell SE5 8NN

39 Gateway Walworth SE17 3UE

5 Aylesbury Road Walworth SE17 2EQ

96 Riggindale Road Streatham SW16 1QJ

97a Klea Avenue Clapham SW4 9HZ

17 Finborough Road Tooting SW17 9HY

46a Astonville Street Southfields SW18 5AL

Address

1.00pm

3.30pm

Tues 8th July

11.00am

1.45pm

10.30am

2.30pm

3.00pm

10.00am

11.15am

2.30pm

1.00pm

4.30pm

3.00pm

3.30pm

10.45am

11.30am

9.45am

9.00am

2.45pm

1.45pm

3.45pm

4.45pm

Wed 9th July

1.00pm

3.30pm

Thurs 10th July

11.00am

1.45pm

3.30pm

10.45am

11.30am

12noon

9.45am

9.00am

2.45pm

1.45pm

3.45pm

4.45pm

Wed 16th July

3.00pm

11.15am

2.30pm

1.00pm

4.30pm

1.00pm

3.30pm

3.00pm

11.15am

2.30pm

1.00pm

4.30pm

10.30am

2.30pm

4.00pm

10.00am

10.30am

2.30pm

4.00pm

10.00am

11.00am

1.45pm

11.00am

1.45pm

Phone Auctioneers Tel: 020 7703 4401

10.30am

2.30pm

Tues 15th July

Phone Auctioneers Tel: 020 7703 4401 10.00am 4.00pm

3.30pm

10.45am

11.30am

12noon

9.45am

9.00am

2.45pm

1.45pm

3.45pm

4.45pm

Mon 14th July

Phone Auctioneers Tel: 020 7703 4401

11.15am

2.30pm

1.00pm

4.30pm

3.00pm

3.30pm

10.45am

11.30am

9.45am

9.00am

2.45pm

1.45pm

3.45pm

4.45pm

Fri 11th July

1.00pm

3.30pm

Thurs 17th July

1.00pm

3.30pm

Sat 19th July

www.as-r.co.uk

11.00am

1.45pm

10.30am

2.30pm

4.00pm

10.00am

11.15am

2.30pm

1.00pm

4.30pm

3.00pm

3.30pm

10.45am

11.30am

12noon

9.45am

9.00am

2.45pm

1.45pm

3.45pm

4.45pm

Fri 18th July

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 july lead to a delay and accordingly we ask prospective buyers to be tolerant in such situations.

July auction Viewing times and dates


31

35

40

41

42

43

46

47

51

52

53

54

55

58

59

62

64

66

MG-1

PD

O

MG-2

MG-1

O

O

O

MG-2

MG-2

JP

-

MA

MG-1

O

MG-1

MG-2

O

Flat 5 The Old Flour Mill 113 London Road Dover Kent CT17 0TQ

102 Southwood Road New Eltham SE9 3QS

Flat 4, 41 Catford Hill Catford SE6 4NU

Flat 13 Foxcote 150 Albany Road Camberwell SE5 0AL

169b Deptford High Street Deptford SE8 3NU

66c Cricklewood Broadway Cricklewood NW2 3EP

Flat 12 Willington Court 8 Mandeville Street Clapton E5 0DQ

114 Earls Hall Avenue Southend-on-Sea Essex SS2 6NS

15 Bata Avenue East Tilbury Essex RM18 8SD

82 Mayair Avenue Ilford Essex IG1 3DQ

Land and Tennis Court at Ulverscroft Bakeham Lane Englefield Green Egham TW20 9TT

Former Site Office 14 Sutton Approach Killingbeck Leeds LS14 6AH

Broseley House Widnes Road Widnes Cheshire WA8 6AH

7 - 9 Brockley Cross Brockley SE4 2AB

192 & 192a Court Road Mottingham SE9 4EW

124a & 124b Main Road Biggin Hill Westerham TN16 3BAPhone

114 Peckham High Street Peckham SE15 5SE

47 London Road Forest Hill SE23 3TY

Address

E: auctions@as-r.co.uk

Lot

Code

Viewing times and dates (cont)

1.00pm

9.00am

11.30am

11.00am

9.45am

12.45pm

12.15pm

Wed 9th July

2.45pm

Withdrawn

10.00am

11.30am

2.00pm

Thurs 10th July

1.00pm

12.45pm

12.15pm

Wed 16th July

9.45am

2.00pm 9.45am

9.00am

11.30am

Withdrawn

11.00am

2.45pm

1.00pm

Phone Auctioneers Tel: 020 7703 4401

1.00pm

Phone Auctioneers Tel: 020 7703 4401

9.00am

11.30am

Withdrawn

11.00am

10.00am

11.30am

Phone Auctioneers Tel: 020 7703 4401

Phone Auctioneers Tel: 020 7703 4401

11.30am 9.00am

Tues 15th July

Phone Auctioneers Tel: 020 7703 4401

11.00am

9.45am

12.45pm

12.15pm

Mon 14th July

Phone Auctioneers Tel: 020 7703 4401

12.45pm

12.15pm

Fri 11th July

1.00pm

9.00am

11.30am

Withdrawn

11.00am

9.45am

12.45pm

12.15pm

Fri 18th July

2.45pm

10.00am

11.30am

2.00pm

Sat 19th July

www.as-r.co.uk

2.45pm

10.00am

11.30am

2.00pm

Thurs 17th July

Central London 45 Pont Street, Knightsbridge, London SW1X 0BD T: 020 7808 8530 F: 020 7708 1981 South London 75 Camberwell Church Street, Camberwell, London SE5 8TU T: 020 7703 4401 F: 020 7708 1981 Dx: 35317 Camberwell Green

Professional Property People

2.45pm

Withdrawn

10.00am

11.30am

2.00pm

Tues 8th July

auctioneers • estate agents • surveyors


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

45 Pont Street Knightsbridge London SW1X 0BD T: 020 7808 8530 F: 020 7708 1981

Nearest tube Russell Square (Piccadilly line) Holborn (Central & Piccadilly lines)

75 Camberwell Church Street Camberwell, London SE5 8TU T: 020 7703 4401 F: 020 7708 1981 Dx: 35317 Camberwell Green

Parking

E: auctions@as-r.co.uk

South London

On street meter parking from 8.30am - 8.30pm Off-street parking indicated on map

www.as-r.co.uk

Auction dates 2014 Monday 22nd September Monday 27th October Monday 15th December


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.