Asr property auction 1st June 2015 by Andrew Scott Robertson

HO V TE ENU L R E: US SE LL

property auction Monday 1st June 2015

Venue:

Hotel Russell, Russell Square London WC1B 5BE

Professional Property People

Auctions Central London

Auctions South London

45 Pont Street Knightsbridge London SW1X 0BD

75 Camberwell Church Street Camberwell, London SE5 8TU

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

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

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

Jayne Mountain jaynemountain@as-r.co.uk

Long Hoang longhoang@as-r.co.uk

www.as-r.co.uk

June auction sale Monday 1st June 2015 Comprising 82 lots of residential and commercial property for occupation, investment and development.

Please note start time 12 noon June 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.....................................................................................12 Lots 1-82 ......................................................................................................13 Common auction conditions.............................................................59 Extra conditions ........................................................................................64 Sale memorandum................................................................................65

By order of London Borough of Enfield London Borough of Lambeth London Borough of Wandsworth Affinity Sutton Chart Property Receivership Hyde Housing Association Mountview Estates Plc P & P Surveyors LPA Receivers Executors Trustees in Bankruptcy Public & Private Limited Companies Others

andrew scott robertson is the trading name of Andrews & Robertson (auctions) Ltd Registered Office: 75 Camberwell Church Street, Camberwell, London SE5 8TU. Registered No 3164590 England.

Alphabetical index

8 Abbey Road Bush Hill Park Enfield Middlesex EN1 2QL

416 Garratt Lane Earlsfield SW18 4HW

2 Parchment Street Chichester West Sussex PO19 3BX

Connaught House, 20 Acton Lane Willesden NW10 8TT

5 Geraldine Road Wandsworth SW18 2NR

280 Parchmore Road Thornton Heath Surrey CR7 8HB

69 Anerley Road Upper Norwood SE19 2AS

239 & 241 Gipsy Road West Norwood SE27 9QY

8 Park House Park Avenue Maidstone Kent ME14 5AU

26 Arsenal Road Eltham SE9 1JU

41a Granville Park Blackheath SE13 7DY

9/9A Park Hill Road Burntwood Staffordshire WS7 2ER

214 Grove Road Chadwell Heath Romford Essex RM6 4XB

100 Grove Vale East Dulwich SE22 8DR

Old Caretakers House Penwortham Road Streatham SW16 6RJ

215-217 Priory Road Langney Eastbourne East Sussex BN23 7TD

219-221 Priory Road Langney Eastbourne East Sussex BN23 7TD

B 10

Flat 1, 61 Babington Road Streatham SW16 6AN

151 Barcombe Avenue Streatham Hill SW2 3BQ

8 Bensham Manor Road Thornton Heath Surrey CR7 7AA

157, 157a & 159 Blackshaw Road Tooting SW17 0BU

189 Bravington Road Maida Vale W9 3AR

1 Bucharest Road Wandsworth SW18 3AS

Site to the rear of 7 Bycullah Road Enfield Middlesex EN2 8EG

H 17

Flat 67 Caernarvon House Hallfield Estate Paddington W2 6EQ

223-225 Priory Road Langney Eastbourne East Sussex BN23 7TD

125 Hampson Way South Lambeth SW8 1HX

227-229 Priory Road Langney Eastbourne East Sussex BN23 7TD

Horsgate House and 11,12,13,18 &19 Horsgate Mews Hanlye Lane Cuckfield Haywards Heath West Sussex RH17 5HN

231-233 Priory Road Langney Eastbourne East Sussex BN23 7TD

7 Hazelbourne Road Balham SW12 9NU

55 Queensgate House 1 Hereford Road Bow E3 2FN

R 53

48 Riverdale Road Plumstead SE18 1NZ

Site adjacent to 7 Church Street Walton on Thames Surrey KT12 2QP

364 Southwyck House Clarewood Walk Brixton SW9 8TT

44 High Street Chatham Kent ME4 4DS

28a Sheen Lane East Sheen SW14 8LW

34 Hubert Grove Brixton SW9 9PD

55 Southbourne Grove & 436 Westborough Road Westcliff on Sea Essex SS0 9UW

St. John Court St. Johns Road Polegate East Sussex BN26 5BS

18 St. Louis Road West Norwood SE27 9QW

Glebe House, 150-154 Stonhouse Street Clapham SW4 6BE

39 Swan Road Hanworth Middlesex TW13 6NF

107 Congreve Road Eltham SE9 1LL

Railway Arches adjacent to 70 Conyers Road Streatham SW16 6LT

29a Crebor Street East Dulwich SE22 0HF

15 & 15a John Ruskin Street Camberwell SE5 0NS

2-4 Dickens Way Langney Eastbourne East Sussex BN23 7TG

4 Lanhill Road Maida Vale W9 2BP

6-8 Dickens Way Langney Eastbourne East Sussex BN23 7TG

25-27 Lea Vale Crayford Kent DA1 4DL

10-12 Dickens Way Langney Eastbourne East Sussex BN23 7TG

47 London Road Southborough Tunbridge Wells Kent TN4 0PB

14-16 Dickens Way Langney Eastbourne East Sussex BN23 7TG

36 Lorne Road Stroud Green N4 3RU

18-20 Dickens Way Langney Eastbourne East Sussex BN23 7TG

27 Lovelace Green Eltham SE9 1LG

199/199a Lower Richmond Road Putney SW15 1HT

T 107 Tranmere Road Earlsfield SW18 3QP

12-14 Wannock Gardens Polegate Sussex BN26 5PA

16-18 Wannock Gardens Polegate Sussex BN26 5PA

28-30 Wannock Gardens Polegate Sussex BN26 5PA

44 Edge Hill Court Edge Hill Wimbledon SW19 4LW

88 Elsenham Street Southfields SW18 5NT

48 Calidore Close Endymion Road Brixton Hill SW2 1HX

151 Mansfield Road Clipstone Village Mansfield Nottinghamshire NG21 9AA

63 Marsala Road Lewisham SE13 7AA

32-34 Wannock gardens Polegate Sussex BN26 5PA

69 Warwick Gardens Kensington W14 8PL

7 Wastdale Road Forest Hill SE23 1HN

Unit 16, 19 & 20 Glenmore Centre Whitecliff Business Park Honeywood Parkway Whitfield Kent CT16 3FH

26 Willenhall Road Plumstead SE18 6TY

24 F 19

172-174 Fernhard Road Maida Vale W9 3EL

Land at 71a Foord Road Folkestone Kent CT19 5AD

www.as-r.co.uk

Land rear of 22 Maxted Road East Dulwich SE15 4LF 20, 20a & 20b Abbey Parade Merton High Street Merton SW19 1DG 124 Morden Road South Wimbledon SW19 3BP

Property type

Freehold Vacant House

Leasehold Vacant Flat

Wandsworth

Blackheath

5 Geraldine Road

Freehold Vacant Houses Chichester 2 Parchment Street Earlsfield 107 Tranmere Road 26 Arsenal Road Eltham Eltham 107 Congreve Road Eltham 27 Lovelace Green Hanworth 39 Swan Road Lewisham 63 Marsala Road 26 Willenhall Road Plumstead 88 Elsenham Street Southfields Thornton Heath 280 Parchmore Road Wandsworth 1 Bucharest Road West Norwood 18 St. Louis Road Willesden Connaught House 20 Acton Lane Freehold Part Vacant Property Forest Hill 7 Wastdale Road Leasehold Vacant Flats Brixton 364 Southwyck House Clarewood Walk Brixton Hill 48 Calidore Close Endymion Road East Dulwich 29a Crebor Street Enfield 8 Abbey Road Maidstone 8 Park House Park Avenue Paddington Flat 67 Caernarvon House Hallfield Estate South Lambeth 125 Hampson Way South Wimbledon 124 Morden Road Streatham Flat 1, 61 Babington Road Streatham Hill 151 Barcombe Avenue Wimbledon 44 Edge Hill Court Edge Hill Freehold Three Bedroom End of Terrace House with development potential (Subject to Consents). Full Vacant Possession - Offered on behalf of The London Borough of Wandsworth Streatham Old Caretakers House Penwortham Road Freehold Vacant Site Enfield

Site rear of 7 Bycullah Road

Freehold Part Vacant Property

41a Granville Park

Residential Investments Bow 55 Queensgate House 1 Hereford Road 214 Grove Road Chadwell Heath Merton 20, 20a & 20b Abbey Parade Merton High Street Plumstead 48 Riverdale Road West Norwood 239 & 241 Gipsy Road Freehold Ground Rents Brixton Crayford Eastbourne Eastbourne Eastbourne Eastbourne Eastbourne Eastbourne Eastbourne Eastbourne Eastbourne Eastbourne Maida Vale Maida Vale Polegate East Sussex Polegate East Sussex Polegate East Sussex Polegate East Sussex Polegate East Sussex Stroud Green Tooting Upper Norwood Westcliff on Sea

34 Hubert Grove 25-27 Lea Vale 2-4 Dickens Way 6-8 Dickens Way 10-12 Dickens Way 14-16 Dickens Way 18-20 Dickens Way 215-217 Priory Road 219-221 Priory Road 223-225 Priory Road 227-229 Priory Road 231-233 Priory Road 189 Bravington Road 4 Lanhill Road St. John Court St. Johns Road 12-14 Wannock Gardens 16-18 Wannock Gardens 28-30 Wannock Gardens 32-34 Wannock gardens 36 Lorne Road 157, 157a & 159 Blackshaw Road 69 Anerley Road 55 Southbourne Grove & 436 Westborough Road

Leasehold Ground Rent Thornton Heath 8 Bensham Manor Road

Balham

7 Hazelbourne Road

Commercial Properties Burntwood Staffordshire 9/9A Park Hill Road Camberwell 15 & 15a John Ruskin Street Chatham 44 High Street Clapham 150-154 Stonhouse Street Earlsfield 416 Garratt Lane East Sheen 28a Sheen Lane Mansfield 151 Mansfield Road Nottinghamshire Putney 199/199a Lower Richmond Road Southborough Kent 47 London Road Whitfield Kent Unit 16, 19 & 20 Glenmore Centre Whitecliff Business Park Freehold Five floor Terrace Building arranged as a Lock Up Shop and Basement with Five Self- Contained Flats - investment producing ÂŁ59,900 per annum East Dulwich 100 Grove Vale Freehold parcel of land with planning permission for the erection of a two storey semi-detached house Full vacant possession East Dulwich Land rear of 22 Maxted Road Freehold development site with planning permission for the erection of a two and a half storey building to provide three self-contained flats - Full vacant possession Folkestone Land at 71a Foord Road Freehold site with a planning application submitted for the demolition of the existing building and the erection of a three storey building to comprise four self-contained flats and two commercial units - Full vacant possession Walton on Thames Site adjacent to 7 Church Street Five freehold railway arches with four parking spaces within a gated site - Development potential (subject to consents) - Full vacant possession Streatham Railway Arches adjacent to 70 Conyers Road

Substantial freehold four floor semi-detached house arranged as four self-contained flats - Part vacant possession (Three flats vacant, one flat let)

Freehold detached four floor converted house together with residential outbuildings and land comprising 29 self contained flats and a one bedroom bungalow - Investment Development Opportunity

Substantial freehold three floor double fronted terraced house arranged as seven self-contained flats â&#x20AC;&#x201C; Part vacant possession (Two flats vacant, five flats let)

Kensington

Haywards Heath

Maida Vale

69 Warwick Gardens

Horsgate House and 11,12,13,18 &19 Horsgate Mews Hanlye Lane

172-174 Fernhard Road

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 Manager

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

Sasha Antiedu

Auction Sales Administrator

marciaantiedu@as-r.co.uk

sashaantiedu@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 our June residential and commercial auction catalogue. The first quarter of 2015 has seen the property industry suffer from the uncertainty surrounding who would eventually hold the keys to Number 10. The property market, and indeed all markets, reflects the wider sense of well-being of the property-owning population, whether as a whole they feel secure, positive – or otherwise. Uncertainty can have a profound effect, and with no clear outrider, there was every chance of a hung parliament with the political wrangling that would follow to form a government. As I write these comments to you, it is the day after the UK went to the polls and the Conservative party’s majority win should be viewed as hugely positive for the property industry. With the spectres of a mansion tax and rental controls now removed, confidence in the top end of the market is expected to return and prime London property prices should see steady growth. This will have a ripple effect throughout the market. It is anticipated that this Conservative government will turn its attention to addressing the lack of housing supply through the freeing up of ‘Brownfield’ land and the relaxing of planning laws on the Greenbelt which we would welcome. Overall, Britain’s economic prospects look positive. UK credit rating agency, Moody’s expect the economy to continue to expand at rates above 2% for the next several years, as the effects of the financial crisis fade. The deferred demand from the pre-election period should begin to flow back into the market and analysts predict that activity in the housing market will be strong for the remainder of 2015 and 2016. The future looks very good now for buyers, sellers and investors. With that in mind, 82 lots are set to go under the hammer at our June auction – a good variance of residential and commercial property for your consideration, with the usual selection of investor, developer and owner occupier lots to suit everyone’s needs and budget. Highlights include: 5 Geraldine Road, Wandsworth: Freehold four bedroom terraced house situated off East Hill within a sought after residential area. The property is located just a few minutes’ walk from Wandsworth Common. Offered with full vacant possession. Guide Price: £950,000 + Flat 67 Caernarvon House, Paddington: Fantastic opportunity to acquire a long (125 years) leasehold eighth floor purpose built one bedroom flat situated off Bishops Bridge Road within a sought after central London postcode. Offered with full vacant possession. Guide Price: £300,000 + 69 Warwick Gardens, Kensington: Substantial freehold four floor semi-detached house currently arranged as four self-contained flats (three vacant, one let). This lot offers development potential with planning permission having been granted for an extension to the property. Warwick Gardens is situated within an affluent residential area conveniently located for the shops, bars, and restaurants of Kensington High Street, while the green, open spaces of Holland Park are just moments away. Guide Price: £3.95M + 7 Hazelbourne Road, Balham: Freehold two floor terraced house arranged as two selfcontained flats (one flat vacant, one flat sold). Offered with part vacant possession of the ground floor flat. Guide Price: £400,000 +

100 Grove Vale, East Dulwich: Investment opportunity to acquire a freehold five floor terraced building currently arranged as a lock shop and basement with five self-contained flats. The building enjoys a prominent position on a busy parade of retail occupiers at the junction of Lordship Lane and Grove Vale. Investment producing £59,900 per annum. Guide Price: £950,000 + 172-174 Fernhead Road, Maida Vale: Freehold, three floor double fronted terraced house arranged as seven self-contained flats located in the prime residential area of Maida Vale. Offered with part vacant possession of two flats. Guide Price: £2.995M + Horsgate House, Hanlye Lane, Cuckfield, Haywards Heath: Exciting development opportunity to acquire Horsgate House, a substantial freehold detached four floor converted house built in c.1866 together with outbuildings and land comprising 29 self-contained flats and a one bedroom bungalow. The property enjoys a rural location near the village of Cuckfield which lies on the southern slopes of the Weald. Offered with full vacant possession. Guide Price: £1.4M + Flat 44, Edge Hill Court, Edge Hill, Wimbledon: Long leasehold first floor purpose-built two bedroom flat within easy walking distance from both Wimbledon Common and The Broadway. Offered with full vacant possession. Guide Price: £300,000 +

We pride ourselves on offering a bespoke personal service and every lot has been allocated to the care of an individual andrew scott robertson auction team member. Legal packs and EPC’s may be downloaded from our website. Full details can be found at www.as-r.co.uk. Our June residential and commercial auction begins at 12 noon on June 1st at The Hotel Russell, Russell Square, London WC1. We look forward to seeing you in the room.

Robin Cripp FRICS Chairman & Senior Auctioneer www.as-r.co.uk

Auction information

Guide Prices These are listed on a separate sheet enclosed within the catalogue they are also available to view on line at www.as-r.co.uk they are subject to change up to and including the day of the sale. Purchasers should check on line for any changes, a full list of up to date guides will be available from the auctioneers at the venue on the auction day. Guide Prices are an indication of the seller’s current minimum acceptable price at auction, the sale price whether prior to or at the auction can be above or below the guide price depending upon market activity.

Reserve Price The reserve price is the seller’s minimum acceptable price at auction the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Viewings Please see particulars at the side of each Lot for viewing arrangements. Viewing is at your own risk. The Vendors and Auctioneers do not take any responsibility for any accidents, losses or damages. Generally there are no arrangements in respect of tenanted or squatted property where any viewing is by courtesy of the occupier.

Legal Information

Buying

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.

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.

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.

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. 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. 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.

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.

Thinking of selling your property by auction? We are a dynamic independently-owned business built on secure foundations, at the hub of Londonâ&#x20AC;&#x2122;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 2015 Monday 20th July Tuesday 22nd September

Monday 26th October Tuesday 15th December

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

Professional Property People

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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 100056482. 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 requirement or guidance notes of relevant professional bodies or other authorities. Prospective purchasers should rely on their own enquiries 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.

andrew scott robertson is the trading name of Andrews & Robertson (auctions) Ltd Registered Office: 75 Camberwell Church Street, Camberwell, London SE5 8TU. Registered No 3164590 England.

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 20th July 2015

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Auction dates 2015 Monday 20th July Tuesday 22nd September

Monday 26th October Tuesday 15th December

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

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GO ONLINE FOR Guide price updates Legal documents download

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

www.as-r.co.uk

Auction dates 2015 Monday 20th July Tuesday 22nd September

Monday 26th October Tuesday 15th December

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 investments Lots 18, 19, 20, 43, 47, 48, 53, 54, 59 â&#x20AC;&#x201C; 82 are all Residential Investments and provide the opportunity to acquire: Regulated â&#x20AC;˘ Assured shorthold tenancies â&#x20AC;˘ Ground rents In the following areas: London Bow Brixton Forest Hill Kensington Maida Vale

Merton Plumstead Stroud Green Thornton Heath Tooting

Upper Norwood West Norwood

Others Crayford Eastbourne Polegate, Sussex Romford Westcliff on Sea

The Investment Properties have not been internally inspected by andrew scott robertson. The information printed in the catalogue has been supplied by the Vendors or their Agents Regulated investments Please email your details to dominicsmith@as-r.co.uk if you specialise in buying regulated tenancy investments.

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End of sale

Next auction:

20th July 2015 For further information contact: E: auctions@as-r.co.uk

www.as-r.co.uk

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 Manager

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

Sasha Antiedu

Auction Sales Administrator

marciaantiedu@as-r.co.uk

sashaantiedu@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

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.

Common auction conditions (edition 3) (reproduced with the consent of the RICS) IMPORTANT NOTICE A prudent buyer will, before bidding for a lot at an auction: • Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant • Read the conditions; • Inspect the lot; • Carry out usual searches and make usual enquiries; • Check the content of all available leases and other documents relating to the lot; • Check that what is said about the lot in the catalogue is accurate; • Have finance available for the deposit and purchase price; • Check whether VAT registration and election is advisable; The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a lot without taking these normal precautions you do so at your own risk.

GLOSSARY This glossary applies to the auction conduct conditions and the sale conditions. Wherever it makes sense: • singular words can be read as plurals, and plurals as singular words; • a “person” includes a corporate body; • words of one gender include the other genders; • references to legislation are to that legislation as it may have been modified or re-enacted by the date of the auction or the contract date (as applicable); and • where the following words printed in bold black type appear in bold blue type they have the specified meanings. Actual completion date The date when completion takes place or is treated as taking place for the purposes of apportionment and calculating interest. Addendum An amendment or addition to the conditions or to the particulars or to both whether contained in a supplement to the catalogue, a written notice from the auctioneers or an oral announcement at the auction.

Business day Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and Wales; or (c) Good Friday or Christmas Day. Buyer The person who agrees to buy the lot or, if applicable, that person’s personal representatives: if two or more are jointly the buyer their obligations can be enforced against them jointly or against each of them separately. Catalogue The catalogue to which the conditions refer including any supplement to it. Completion Unless otherwise agreed between seller and buyer (or their conveyancers) the occasion when both seller and buyer have complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. Condition One of the auction conduct conditions or sales conditions. Contract The contract by which the seller agrees to sell and the buyer agrees to buy the lot. Contract date The date of the auction or, if the lot is not sold at the auction: (a) the date of the sale memorandum signed by both the seller and buyer; or (b) if contracts are exchanged, the date of exchange. If exchange is not effected in person or by an irrevocable agreement to exchange made by telephone, fax or electronic mail the date of exchange is the date on which both parts have been signed and posted or otherwise placed beyond normal retrieval. Documents Documents of title (including, if title is registered, the entries on the register and the title plan) and other documents listed or referred to in the special conditions relating to the lot.

Agreed completion date Subject to condition G9.3: (a) the date specified in the special conditions; or (b) if no date is specified, 20 business days after the contract date; but if that date is not a business day the first subsequent business day.

Financial charge A charge to secure a loan or other financial indebtness(not including a rentcharge).

Approved financial institution Any bank or building society that has signed up to the Banking Code or Business Banking Code or is otherwise acceptable to the auctioneers.

Interest rate If not specified in the special conditions, 4% above the base rate from time to time of Barclays Bank plc. (The interest rate will also apply to judgment debts, if applicable.)

Arrears Arrears of rent and other sums due under the tenancies and still outstanding on the actual completion date.

Lot Each separate property described in the catalogue or (as the case may be) the property that the seller has agreed to sell and the buyer to buy (including chattels, if any).

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

Old arrears Arrears due under any of the tenancies that are not “new tenancies” as defined by the Landlord and Tenant (Covenants) Act 1995.

Auction The auction advertised in the catalogue. Auction conduct conditions The conditions so headed, including any extra auction conduct conditions. Auctioneers The auctioneers at the auction

General conditions That part of the sale conditions so headed, including any extra general conditions.

Particulars The section of the catalogue that contains descriptions of each lot (as varied by any addendum). Practitioner An insolvency practitioner for the purposes of the Insolvency Act 1986 (or, in relation to jurisdictions outside the United Kingdom, any similar official).

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

www.as-r.co.uk

Bidding and reserve prices All bids are to be made in pounds sterling exclusive of any applicable VAT. We may refuse to accept a bid. We do not have to explain why. If there is a dispute over bidding we are entitled to resolve it, and our decision is final. Unless stated otherwise each lot is subject to a reserve price (which may be fixed just before the lot is offered for sale). If no bid equals or exceeds that reserve price the lot will be withdrawn from the auction. Where there is a reserve price the seller may bid (or ask us or another agent to bid on the seller’s behalf) up to the reserve price but may not make a bid equal to or exceeding the reserve price. You accept that it is possible that all bids up to the reserve price are bids made by or on behalf of the seller. Where a guide price (or range of prices) is given that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell at the date of the guide price. But guide prices may change. The last published guide price will normally be at or above any reserve price, but not always – as the seller may fix the final reserve price just before bidding commences. The particulars and other information We have taken reasonable care to prepare particulars that correctly describe each lot. The particulars are based on information supplied by or on behalf of the seller. You need to check that the information in the particulars is correct. If the special conditions do not contain a description of the lot, or simply refer to the relevant lot number, you take the risk that the description contained in the particulars is incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract. The particulars and the sale conditions may change prior to the auction and it is your responsibility to check that you have the correct versions. If we provide information, or a copy of a document, provided by others we do so only on the basis that we are not responsible for the accuracy of that information or document. The contract A successful bid is one we accept as such (normally on the fall of the hammer). This condition A5 applies to you if you make the successful bid for a lot. You are obliged to buy the lot on the terms of the sale memorandum at the price you bid plus VAT (if applicable). You must before leaving the auction: (a) provide all information we reasonably need from you to enable us to complete the sale memorandum (including proof of your identity if required by us); (b) sign the completed sale memorandum; and (c) pay the deposit. If you do not we may either: (a) as agent for the seller treat that failure as your repudiation of the contract and offer the lot for sale again: the seller may then have a claim against you for breach of contract; or (b) sign the sale memorandum on your behalf. The deposit: (a) is to be held as stakeholder where VAT would be chargeable on the deposit were it to be held as agent for the seller, but otherwise is to be held as stated in the sale conditions; and (b) must be paid in pounds sterling by cheque or by bankers’ draft made payable to us on an approved financial institution. The extra auction conduct conditions may state if we accept any other form of payment. We may retain the sale memorandum signed by or on behalf of the seller until the deposit has been received in cleared funds. If the buyer does not comply with its obligations under the contract then: (a) you are personally liable to buy the lot even if you are acting as an agent; and (b) you must indemnify the seller in respect of any loss the seller incurs as a result of the buyer’s default. Where the buyer is a company you warrant that the buyer is properly constituted and able to buy the lot. Extra Auction Conduct Conditions Despite any special condition to the contrary the minimum deposit we accept is £1,000 (or the total price, if less). A special condition may, however, require a higher minimum deposit.

General conditions of sale

GENERAL CONDITIONS Words in bold blue type have special meanings, which are defined in the Glossary. The general conditions (including any extra general conditions) apply to the contract except to the extent that they are varied by special conditions or by an addendum. The lot The lot (including any rights to be granted or reserved, and any exclusions from it) is described in the special conditions, or if not so described the lot is that referred to in the sale memorandum. G1.2 The lot is sold subject to any tenancies disclosed by the special conditions, but otherwise with vacant possession on completion. G1.3 The lot is sold subject to all matters contained or referred to in the documents, but excluding any financial charges: these the seller must discharge on or before completion. G1.4 The lot is also sold subject to such of the following as may affect it, whether they arise before or after the contract date and whether or not they are disclosed by the seller or are apparent from inspection of the lot or from the documents: (a) matters registered or capable of registration as local land charges; (b) matters registered or capable of registration by any competent authority or under the provisions of any statute; (c) notices, orders, demands, proposals and requirements of any competent authority; (d) charges, notices, orders, restrictions, agreements and other matters relating to town and country planning, highways or public health; (e) rights, easements, quasi-easements, and wayleaves; (f) outgoings and other liabilities; (g) any interest which overrides, within the meaning of the Land Registration Act 2002; (h) matters that ought to be disclosed by the searches and enquiries a prudent buyer would make, whether or not the buyer has made them; and (i) anything the seller does not and could not reasonably know about. G1.5 Where anything subject to which the lot is sold would expose the seller to liability the buyer is to comply with it and indemnify the seller against that liability. G1.6 The seller must notify the buyer of any notices, orders, demands, proposals and requirements of any competent authority of which it learns after the contract date but the buyer must comply with them and keep the seller indemnified. G1.7 The lot does not include any tenant’s or trade fixtures or fittings. G1.8 Where chattels are included in the lot the buyer takes them as they are at completion and the seller is not liable if they are not fit for use. G1.9 The buyer buys with full knowledge of: (a) the documents, whether or not the buyer has read them; and (b) the physical condition of the lot and what could reasonably be discovered on inspection of it, whether or not the buyer has inspected it. G1.10 The buyer is not to rely on the information contained in the particulars but may rely on the seller’s conveyancer’s written replies to preliminary enquiries to the extent stated in those replies.

G3.4

Unless the buyer is already lawfully in occupation of the lot the buyer has no right to enter into occupation prior to completion.

G4. G4.1

Title and identity Unless condition G4.2 applies, the buyer accepts the title of the seller to the lot as at the contract date and may raise no requisition or objection except in relation to any matter that occurs after the contract date. If any of the documents is not made available before the auction the following provisions apply: (a) The buyer may raise no requisition on or objection to any of the documents that is made available before the auction. (b) If the lot is registered land the seller is to give to the buyer within five business days of the contract date an official copy of the entries on the register and title plan and, where noted on the register, of all documents subject to which the lot is being sold. (c) If the lot is not registered land the seller is to give to the buyer within five business days an abstract or epitome of title starting from the root of title mentioned in the special conditions (or, if none is mentioned, a good root of title more than fifteen years old) and must produce to the buyer the original or an examined copy of every relevant document. (d) If title is in the course of registration, title is to consist of certified copies of: (i) the application for registration of title made to the land registry; (ii) the documents accompanying that application; (iii) evidence that all applicable stamp duty land tax relating to that application has been paid; and (iv) a letter under which the seller or its conveyancer agrees to use all reasonable endeavours to answer any requisitions raised by the land registry and to instruct the land registry to send the completed registration documents to the buyer. (e) The buyer has no right to object to or make requisitions on any title information more than seven business days after that information has been given to the buyer. Unless otherwise stated in the special conditions the seller sells with full title guarantee except that (and the transfer shall so provide): (a) the covenant set out in section 3 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to matters recorded in registers open to public inspection; these are to be treated as within the actual knowledge of the buyer; and (b) the covenant set out in section 4 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to any condition or tenant’s obligation relating to the state or condition of the lot where the lot is leasehold property. The transfer is to have effect as if expressly subject to all matters subject to which the lot is sold under the contract. The seller does not have to produce, nor may the buyer object to or make a requisition in relation to, any prior or superior title even if it is referred to in the documents. The seller (and, if relevant, the buyer) must produce to each other such confirmation of, or evidence of, their identity and that of their mortgagees and attorneys (if any) as is necessary for the other to be able to comply with applicable Land Registry Rules when making application for registration of the transaction to which the conditions apply.

G1. G1.1

G4.2

G4.3

G4.4 G4.5

G4.6 G2. G2.1

G2.2

G2.3

G2.4

G2.5

G3. G3.1

G3.2

G3.3

Deposit The amount of the deposit is the greater of: (a) any minimum deposit stated in the auction conduct conditions (or the total price, if this is less than that minimum); and (b) 10% of the price (exclusive of any VAT on the price). The deposit (a) must be paid in pounds sterling by cheque or banker’s draft drawn on an approved financial institution (or by any other means of payment that the auctioneers may accept); and (b) is to be held as stakeholder unless the auction conduct conditions provide that it is to be held as agent for the seller. Where the auctioneers hold the deposit as stakeholder they are authorised to release it (and interest on it if applicable) to the seller on completion or, if completion does not take place, to the person entitled to it under the sale conditions. If a cheque for all or part of the deposit is not cleared on first presentation the seller may treat the contract as at an end and bring a claim against the buyer for breach of contract. Interest earned on the deposit belongs to the seller unless the sale conditions provide otherwise. Between contract and completion Unless the special conditions state otherwise, the seller is to insure the lot from and including the contract date to completion and: (a) produce to the buyer on request all relevant insurance details; (b) pay the premiums when due; (c) if the buyer so requests, and pays any additional premium, use reasonable endeavours to increase the sum insured or make other changes to the policy; (d) at the request of the buyer use reasonable endeavours to have the buyer’s interest noted on the policy if it does not cover a contracting purchaser; (e) unless otherwise agreed, cancel the insurance at completion, apply for a refund of premium and (subject to the rights of any tenant or other third party) pay that refund to the buyer; and (f) (subject to the rights of any tenant or other third party) hold on trust for the buyer any insurance payments that the seller receives in respect of loss or damage arising after the contract date or assign to the buyer the benefit of any claim; and the buyer must on completion reimburse to the seller the cost of that insurance (to the extent not already paid by the buyer or a tenant or other third party) for the period from and including the contract date to completion. No damage to or destruction of the lot nor any deterioration in its condition, however caused, entitles the buyer to any reduction in price, or to delay completion, or to refuse to complete. Section 47 of the Law of Property Act 1925 does not apply.

G5. G5.1

G5.2

G5.3

G6. G6.1

G6.2 G6.3

G6.4

G6.5

G6.6 G7. G7.1

G7.2

Transfer Unless a form of transfer is prescribed by the special conditions: (a) the buyer must supply a draft transfer to the seller at least ten business days before the agreed completion date and the engrossment (signed as a deed by the buyer if condition G5.2 applies) five business days before that date or (if later) two business days after the draft has been approved by the seller; and (b) the seller must approve or revise the draft transfer within five business days of receiving it from the buyer. If the seller remains liable in any respect in relation to the lot (or a tenancy) following completion the buyer is specifically to covenant in the transfer to indemnify the seller against that liability. The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one transfer. Completion Completion is to take place at the offices of the seller’s conveyancer, or where the seller may reasonably require, on the agreed completion date. The seller can only be required to complete on a business day and between the hours of 0930 and 1700. The amount payable on completion is the balance of the price adjusted to take account of apportionments plus (if applicable) VAT and interest. Payment is to be made in pounds sterling and only by: (a) direct transfer to the seller’s conveyancer’s client account; and (b) the release of any deposit held by a stakeholder. Unless the seller and the buyer otherwise agree, completion cannot take place until both have complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. If completion takes place after 1400 hours for a reason other than the seller’s default it is to be treated, for the purposes of apportionment and calculating interest, as if it had taken place on the next business day. Where applicable the contract remains in force following completion. Notice to complete The seller or the buyer may on or after the agreed completion date but before completion give the other notice to complete within ten business days (excluding the date on which the notice is given) making time of the essence. The person giving the notice must be ready to complete.

General conditions of sale

G7.3

G7.4

If the buyer fails to comply with a notice to complete the seller may, without affecting any other remedy the seller has: (a) terminate the contract; (b) claim the deposit and any interest on it if held by a stakeholder; (c) forfeit the deposit and any interest on it; (d) resell the lot; and (e) claim damages from the buyer. If the seller fails to comply with a notice to complete the buyer may, without affecting any other remedy the buyer has: (a) terminate the contract; and (b) recover the deposit and any interest on it from the seller or, if applicable, a stakeholder.

G8.

If the contract is brought to an end If the contract is lawfully brought to an end: (a) the buyer must return all papers to the seller and appoints the seller its agent to cancel any registration of the contract; and (b) the seller must return the deposit and any interest on it to the buyer (and the buyer may claim it from the stakeholder, if applicable) unless the seller is entitled to forfeit the deposit under condition G7.3.

G9. G9.1

Landlord’s licence Where the lot is or includes leasehold land and licence to assign is required this condition G9 applies. The contract is conditional on that licence being obtained, by way of formal licence if that is what the landlord lawfully requires. The agreed completion date is not to be earlier than the date five business days after the seller has given notice to the buyer that licence has been obtained. The seller must: (a) use all reasonable endeavours to obtain the licence at the seller’s expense; and (b) enter into any authorised guarantee agreement properly required. The buyer must: (a) promptly provide references and other relevant information; and (b) comply with the landlord’s lawful requirements. If within three months of the contract date (or such longer period as the seller and buyer agree) the licence has not been obtained the seller or the buyer may (if not then in breach of any obligation under this condition G9) by notice to the other terminate the contract at any time before licence is obtained. That termination is without prejudice to the claims of either seller or buyer for breach of this condition G9.

G9.2 G9.3 G9.4

G9.5 G9.6

G10. Interest and apportionments G10.1 If the actual completion date is after the agreed completion date for any reason other than the seller’s default the buyer must pay interest at the interest rate on the price (less any deposit paid) from the agreed completion date up to and including the actual completion date. G10.2 Subject to condition G11 the seller is not obliged to apportion or account for any sum at completion unless the seller has received that sum in cleared funds. The seller must pay to the buyer after completion any sum to which the buyer is entitled that the seller subsequently receives in cleared funds. G10.3 Income and outgoings are to be apportioned at actual completion date unless: (a) the buyer is liable to pay interest; and (b) the seller has given notice to the buyer at any time up to completion requiring apportionment on the date from which interest becomes payable by the buyer; in which event income and outgoings are to be apportioned on the date from which interest becomes payable by the buyer. G10.4 Apportionments are to be calculated on the basis that: (a) the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to be made; (b) annual income and expenditure accrues at an equal daily rate assuming 365 days in a year, and income and expenditure relating to some other period accrues at an equal daily rate during the period to which it relates; and (c) where the amount to be apportioned is not known at completion apportionment is to be made by reference to a reasonable estimate and further payment is to be made by seller or buyer as appropriate within five business days of the date when the amount is known. G11. Arrears Part 1 Current rent G11.1 “Current rent” means, in respect of each of the tenancies subject to which the lot is sold, the instalment of rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four months preceding completion. G11.2 If on completion there are any arrears of current rent the buyer must pay them, whether or not details of those arrears are given in the special conditions. G11.3 Parts 2 and 3 of this condition G11 do not apply to arrears of current rent. Part 2 Buyer to pay for arrears G11.4 Part 2 of this condition G11 applies where the special conditions give details of arrears. G11.5 The buyer is on completion to pay, in addition to any other money then due, an amount equal to all arrears of which details are set out in the special conditions. G11.6 If those arrears are not old arrears the seller is to assign to the buyer all rights that the seller h recover those arrears. Part 3 Buyer not to pay for arrears G11.7 Part 3 of this condition G11 applies where the special conditions: (a) so state; or (b) give no details of any arrears.

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G11.8 While any arrears due to the seller remain unpaid the buyer must: (a) try to collect them in the ordinary course of management but need not take legal proceedings or forfeit the tenancy; (b) pay them to the seller within five business days of receipt in cleared funds (plus interest at the interest rate calculated on a daily basis for each subsequent day’s delay in payment); (c) on request, at the cost of the seller, assign to the seller or as the seller may direct the right to demand and sue for old arrears, such assignment to be in such form as the seller’s conveyancer may reasonably require; (d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart of any tenancy against an undertaking to hold it to the buyer’s order; (e) not without the consent of the seller release any tenant or surety from liability to pay arrears or accept a surrender of or forfeit any tenancy under which arrears are due; and (f) if the buyer disposes of the lot prior to recovery of all arrears obtain from the buyer’s successor in title a covenant in favour of the seller in similar form to part 3 of this condition G11. G11.9 Where the seller has the right to recover arrears it must not without the buyer’s written consent bring insolvency proceedings against a tenant or seek the removal of goods from the lot. G12. Management G12.1 This condition G12 applies where the lot is sold subject to tenancies. G12.2 The seller is to manage the lot in accordance with its standard management policies pending completion. G12.3 The seller must consult the buyer on all management issues that would affect the buyer after completion (such as, but not limited to, an application for licence; a rent review; a variation, surrender, agreement to surrender or proposed forfeiture of a tenancy; or a new tenancy or agreement to grant a new tenancy) and: (a) the seller must comply with the buyer’s reasonable requirements unless to do so would (but for the indemnity in paragraph (c)) expose the seller to a liability that the seller would not otherwise have, in which case the seller may act reasonably in such a way avoid that liability; (b) if the seller gives the buyer notice of the seller’s intended act and the buyer does not object within five business days giving reasons for the objection the seller may act as the seller intends; and (c) the buyer is to indemnify the seller against all loss or liability the seller incurs through acting as the buyer requires, or by reason of delay caused by the buyer. G13. Rent deposits G13.1 This condition G13 applies where the seller is holding or otherwise entitled to money by way of rent deposit in respect of a tenancy. In this condition G13 “rent deposit deed” means the deed or other document under which the rent deposit is held. G13.2 If the rent deposit is not assignable the seller must on completion hold the rent deposit on trust for the buyer and, subject to the terms of the rent deposit deed, comply at the cost of the buyer with the buyer’s lawful instructions. G13.3 Otherwise the seller must on completion pay and assign its interest in the rent deposit to the buyer under an assignment in which the buyer covenants with the seller to: (a) observe and perform the seller’s covenants and conditions in the rent deposit deed and indemnify the seller in respect of any breach; (b) give notice of assignment to the tenant; and (c) give such direct covenant to the tenant as may be required by the rent deposit deed. G14. VAT G14.1 Where a sale condition requires money to be paid or other consideration to be given, the payer must also pay any VAT that is chargeable on that money or consideration, but only if given a valid VAT invoice. G14.2 Where the special conditions state that no VAT option has been made the seller confirms that none has been made by it or by any company in the same VAT group nor will be prior to completion. G15. Transfer as a going concern G15.1 Where the special conditions so state: (a) the seller and the buyer intend, and will take all practicable steps (short of an appeal) to procure, that the sale is treated as a transfer of a going concern; and (b) this condition G15 applies. G15.2 The seller confirms that the seller (a) is registered for VAT, either in the seller’s name or as a member of the same VAT group; and (b) has (unless the sale is a standard-rated supply) made in relation to the lot a VAT option that remains valid and will not be revoked before completion. G15.3 The buyer confirms that: (a) it is registered for VAT, either in the buyer’s name or as a member of a VAT group; (b) it has made, or will make before completion, a VAT option in relation to the lot and will not revoke it before or within three months after completion; (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it; and (d) it is not buying the lot as a nominee for another person. G15.4 The buyer is to give to the seller as early as possible before the agreed completion date evidence: (a) of the buyer’s VAT registration; (b) that the buyer has made a VAT option; and (c) that the VAT option has been notified in writing to HM Revenue and Customs; and if it does not produce the relevant evidence at least two business days before the agreed completion date, condition G14.1 applies at completion.

General conditions of sale

G15.5 The buyer confirms that after completion the buyer intends to: (a) retain and manage the lot for the buyer’s own benefit as a continuing business as a going concern subject to and with the benefit of the tenancies; and (b) collect the rents payable under the tenancies and charge VAT on them G15.6 If, after completion, it is found that the sale of the lot is not a transfer of a going concern then: (a) the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide a VAT invoice in respect of the sale of the lot; (b) the buyer must within five business days of receipt of the VAT invoice pay to the seller the VAT due; and (c) if VAT is payable because the buyer has not complied with this condition G15, the buyer must pay and indemnify the seller against all costs, interest, penalties or surcharges that the seller incurs as a result. G16. Capital allowances G16.1 This condition G16 applies where the special conditions state that there are capital allowances available in respect of the lot. G16.2 The seller is promptly to supply to the buyer all information reasonably required by the buyer in connection with the buyer’s claim for capital allowances. G16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the special conditions. G16.4 The seller and buyer agree: (a) to make an election on completion under Section 198 of the Capital Allowances Act 2001 to give effect to this condition G16; and (b) to submit the value specified in the special conditions to HM Revenue and Customs for the purposes of their respective capital allowance computations. G17. Maintenance agreements G17.1 The seller agrees to use reasonable endeavours to transfer to the buyer, at the buyer’s cost, the benefit of the maintenance agreements specified in the special conditions. G17.2 The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the actual completion date. G18. Landlord and Tenant Act 1987 G18.1 This condition G18 applies where the sale is a relevant disposal for the purposes of part I of the Landlord and Tenant Act 1987. G18.2 The seller warrants that the seller has complied with sections 5B and 7 of that Act and that the requisite majority of qualifying tenants has not accepted the offer. G19. Sale by practitioner G19.1 This condition G19 applies where the sale is by a practitioner either as seller or as agent of the seller. G19.2 The practitioner has been duly appointed and is empowered to sell the lot. G19.3 Neither the practitioner nor the firm or any member of the firm to which the practitioner belongs has any personal liability in connection with the sale or the performance of the seller’s obligations. The transfer is to include a declaration excluding that personal liability. G19.4 The lot is sold: (a) in its condition at completion; (b) for such title as the seller may have; and (c) with no title guarantee; and the buyer has no right to terminate the contract or any other remedy if information provided about the lot is inaccurate, incomplete or missing. G19.5 Where relevant: (a) the documents must include certified copies of those under which the practitioner is appointed, the document of appointment and the practitioner’s acceptance of appointment; and (b) the seller may require the transfer to be by the lender exercising its power of sale under the Law of Property Act 1925. G19.6 The buyer understands this condition G19 and agrees that it is fair in the circumstances of a sale by a practitioner. G20. TUPE G20.1 If the special conditions state “There are no employees to which TUPE applies”, this is a warranty by the seller to this effect. G20.2 If the special conditions do not state “There are no employees to which TUPE applies” the following paragraphs apply: (a) The seller must notify the buyer of those employees whose contracts of employment will transfer to the buyer on completion (the “Transferring Employees”). This notification must be given to the buyer not less than 14 days before completion. (b) The buyer confirms that it will comply with its obligations under TUPE and any special conditions in respect of the Transferring Employees. (c) The buyer and the seller acknowledge that pursuant and subject to TUPE, the contracts of employment between the Transferring Employees and the seller will transfer to the buyer on completion. (d) The buyer is to keep the seller indemnified against all liability for the Transferring Employees after completion. G21. Environmental G21.1 This condition G21 only applies where the special conditions so provide. G21.2 The seller has made available such reports as the seller has the environmental condition of the lot and has given the buyer the opportunity to carry out investigations (whether or not the buyer has read those reports or carried out any investigation) and the buyer admits that the price takes into account the environmental condition of the lot. G21.3 The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental condition of the lot.

G22. Service Charge G22.1 This condition G22 applies where the lot is sold subject to tenancies that include service charge provisions. G22.2 No apportionment is to be made at completion in respect of service charges. G22.3 Within two months after completion the seller must provide to the buyer a detailed service charge account for the service charge year current on completion showing: (a) service charge expenditure attributable to each tenancy; (b) payments on account of service charge received from each tenant; (c) any amounts due from a tenant that have not been received; (d) any service charge expenditure that is not attributable to any tenancy and is for that reason irrecoverable. G22.4 In respect of each tenancy, if the service charge account shows that: (a) payments on account (whether received or still then due from a tenant) exceed attributable service charge expenditure, the seller must pay to the buyer an amount equal to the excess when it provides the service charge account; (b) attributable service charge expenditure exceeds payments on account (whether those payments have been received or are still then due), the buyer must use all reasonable endeavours to recover the shortfall from the tenant at the next service charge reconciliation date and pay the amount so recovered to the seller within five business days of receipt in cleared funds; but in respect of payments on account that are still due from a tenant condition G11 (arrears) applies. G22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller must pay the expenditure incurred in respect of the period before actual completion date and the buyer must pay the expenditure incurred in respect of the period after actual completion date. Any necessary monetary adjustment is to be made within five business days of the seller providing the service charge account to the buyer. G22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure or a depreciation fund: (a) the seller must pay it (including any interest earned on it) to the buyer on completion; and (b) the buyer must covenant with the seller to hold it in accordance with the terms of the tenancies and to indemnify the seller if it does not do so. G23. Rent reviews G23.1 This condition G23 applies where the lot is sold subject to a tenancy under which a rent review due on or before the actual completion date has not been agreed or determined. G23.2 The seller may continue negotiations or rent review proceedings up to the actual completion date but may not agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer, such consent not to be unreasonably withheld or delayed. G23.3 Following completion the buyer must complete rent review negotiations or proceedings as soon as reasonably practicable but may not agree the level of the revised rent without the written consent of the seller, such consent not to be unreasonably withheld or delayed. G23.4 The seller must promptly: (a) give to the buyer full details of all rent review negotiations and proceedings, including copies of all correspondence and other papers; and (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings. G23.5 The seller and the buyer are to keep each other informed of the progress of the rent review and have regard to any proposals the other makes in relation to it. G23.6 When the rent review has been agreed or determined the buyer must account to the seller for any increased rent and interest recovered from the tenant that relates to the seller’s period of ownership within five business days of receipt of cleared funds. G23.7 If a rent review is agreed or determined before completion but the increased rent and any interest recoverable from the tenant has not been received by completion the increased rent and any interest recoverable is to be treated as arrears. G23.8 The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings. G24. Tenancy renewals G24.1 This condition G24 applies where the tenant under a tenancy has the right to remain in occupation under part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to notices and proceedings under that Act. G24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not without the written consent of the buyer (which the buyer must not unreasonably withhold or delay) serve or respond to any notice or begin or continue any proceedings. G24.3 If the seller receives a notice the seller must send a copy to the buyer within five business days and act as the buyer reasonably directs in relation to it. G24.4 Following completion the buyer must: (a) with the co-operation of the seller take immediate steps to substitute itself as a party to any proceedings; (b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewal of the tenancy and the determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable; and (c) if any increased rent is recovered from the tenant (whether as interim rent or under the renewed tenancy) account to the seller for the part of that increase that relates to the seller’s period of ownership of the lot within five business days of receipt of cleared funds. G24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any proceedings relating to this.

General and extra 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"

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

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

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

auctioneers • estate agents • surveyors

5 Geraldine Road Wandsworth SW18 2NR

107 Tranmere Road Earlsfield SW18 3QP

7 Hazelbourne Road Balham SW12 9NU

44 Edge Hill Court Edge Hill Wimbledon SW19 4LW

1 Bucharest Road Wandsworth SW18 3AS

151 Barcombe Avenue Streatham Hill SW2 3BQ

124 Morden Road South Wimbledon SW19 3BP

88 Elsenham Street Southfields SW18 5NT

Old Caretakers House Penwortham Road Streatham SW16 6RJ

Flat 1, 61 Babington Road Streatham SW16 6AN

18 St. Louis Road West Norwood SE27 9QW

280 Parchmore Road Thornton Heath Surrey CR7 8HB

48 Calidore Close Endymion Road Brixton Hill SW2 1HX

364 Southwyck House Clarewood Walk Brixton SW9 8TT

125 Hampson Way South Lambeth SW8 1HX

39 Swan Road Hanworth Middlesex TW13 6NF

Flat 67 Caernarvon House Hallfield Estate Paddington W2 6EQ

69 Warwick Gardens Kensington W14 8PL

172-174 Fernhead Road Maida Vale W9 3EL

20, 20a & 20b Abbey Parade Merton High Street Merton SW19 1DG

Flats 1-7, 97 Midanbury Lane Bitterne Southampton Hampshire SO18 4HH

Horsgate House and 11,12,13,18 &19 Horsgate Mews Hanlye Lane Cuckfield Haywards Heath West Sussex RH17 5HN

Site to the rear of 7 Bycullah Road Enfield Middlesex EN2 8EG

Land rear of 22 Maxted Road East Dulwich SE15 4LF

£190,000 +

£1.4m +

£330,000 +

£700,000 +

£2.995m +

£3.95m +

£300,000 +

£240,000 +

£285,000 +

£250,000 +

To be advised

£160,000 +

£485,000 +

£290,000 +

£400,000 +

£885,000 +

£260,000 +

£435,000 +

£800,000 +

£300,000 +

£400,000 +

£750,000 +

£950,000 +

Guide/floor price

29a Crebor Street East Dulwich SE22 0HF

7 Wastdale Road Forest Hill SE23 1HN

239 & 241 Gipsy Road West Norwood SE27 9QY

63 Marsala Road Lewisham SE13 7AA

41a Granville Park Blackheath SE13 7DY

55 Queensgate House 1 Hereford Road Bow E3 2FN

8 Abbey Road Bush Hill Park Enfield Middlesex EN1 2QL

Connaught House, 20 Acton Lane Willesden NW10 8TT

Withdrawn

Unit 16, 19 & 20 Glenmore Centre Whitecliff Business Park Honeywood Parkway Whitfield Kent CT16 3FH

44 High Street Chatham Kent ME4 4DS

47 London Road Southborough Tunbridge Wells Kent TN4 0PB

46 47

£45,000 +

£175,000 +

£130,000 +

£155,000 +

£220,000 +

£950,000 +

£70,000 +

£245,000 +

Withdrawn

£25,000 +

£399,000 +

Guide/floor price

www.as-r.co.uk

£285,000 +

£375,000 +

£435,000 +

£485,000 +

£345,000 +

£240,000 +

£295,000 +

£750,000 +

Withdrawn

£300,000 +

£60,000 +

£410,000 +

151 Mansfield Road Clipstone Village Mansfield Nottinghamshire NG21 9AA £190,000 +

9/9A Park Hill Road Burntwood Staffordshire WS7 2ER

Glebe House, 150-154 Stonhouse Street Clapham SW4 6BE

416 Garratt Lane Earlsfield SW18 4HW

28a Sheen Lane East Sheen SW14 8LW

199/199a Lower Richmond Road Putney SW15 1HT

100 Grove Vale East Dulwich SE22 8DR

15 & 15a John Ruskin Street Camberwell SE5 0NS

Railway Arches adjacent to 70 Conyers Road Streatham SW16 6LT

Withdrawn

Land at 71a Foord Road Folkestone Kent CT19 5AD

Site adjacent to 7 Church Street Walton on Thames Surrey KT12 2QP

Address

Lot

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

NOTE: Guide Prices can vary up to and including the day of the sale. Updates are available on line at www.as-r.co.uk

Guide Prices: are issued without responsibility and as a general indication of the current level of the vendor’s intentions as to the reserve price, which is the seller’s minimum acceptable price at auction the figure below which the auctioneer cannot sell. The sale price whether prior to or at the auction can be above or below the guide price depending upon market activity.

Auction sale Monday 1st June 2015

June auction Guide prices

107 Congreve Road Eltham SE9 1LL

27 Lovelace Green Eltham SE9 1LG

26 Willenhall Road Plumstead SE18 6TY

48 Riverdale Road Plumstead SE18 1NZ

214 Grove Road Chadwell Heath Romford Essex RM6 4XB

8 Park House Park Avenue Maidstone Kent ME14 5AU

2 Parchment Street Chichester West Sussex PO19 3BX

Withdrawn

157, 157a & 159 Blackshaw Road Tooting SW17 0BU

34 Hubert Grove Brixton SW9 9PD

8 Bensham Manor Road Thornton Heath Surrey CR7 7AA

189 Bravington Road Maida Vale W9 3AR

4 Lanhill Road Maida Vale W9 2BP

69 Anerley Road Upper Norwood SE19 2AS

36 Lorne Road Stroud Green N4 3RU

55 Southbourne Grove & 436 Westborough Road Westcliff on Sea Essex SS0 9UW

25-27 Lea Vale Crayford Kent DA1 4DL

2-4 Dickens Way Langney Eastbourne East Sussex BN23 7TG

6-8 Dickens Way Langney Eastbourne East Sussex BN23 7TG

10-12 Dickens Way Langney Eastbourne East Sussex BN23 7TG

14-16 Dickens Way Langney Eastbourne East Sussex BN23 7TG

18-20 Dickens Way Langney Eastbourne East Sussex BN23 7TG

215-217 Priory Road Langney Eastbourne East Sussex BN23 7TD

219-221 Priory Road Langney Eastbourne East Sussex BN23 7TD

223-225 Priory Road Langney Eastbourne East Sussex BN23 7TD

227-229 Priory Road Langney Eastbourne East Sussex BN23 7TD

E: auctions@as-r.co.uk

Address

26 Arsenal Road Eltham SE9 1JU

Lot

Guide prices (cont)

£30,000 +

£19,000 +

£30,000 +

£18,500 +

£18,000 +

£30,000 +

£17,000 +

£10,000 +

£7,000 +

£22,000 +

£12,000 +

£7,000 +

£13,000 +

£2,500 +

£8,500 +

£8,000 +

Withdrawn

£215,000 +

£80,000 +

£185,000 +

£250,000 +

£300,000 +

£210,000 +

£215,000 +

£260,000 +

Guide/floor price

Lot

Address

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

45 Pont Street Knightsbridge London SW1X 0BD

Auctions Central London

£75,000 +

£19,000 +

£2,000 +

£5,500 +

£35,000 +

£20,000 +

Guide/floor price

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

75 Camberwell Church Street Camberwell, London SE5 8TU

Auctions South London

Professional Property People

St. John Court St. Johns Road Polegate East Sussex BN26 5BS

32-34 Wannock gardens Polegate Sussex BN26 5PA

28-30 Wannock Gardens Polegate Sussex BN26 5PA

16-18 Wannock Gardens Polegate Sussex BN26 5PA

12-14 Wannock Gardens Polegate Sussex BN26 5PA

231-233 Priory Road Langney Eastbourne East Sussex BN23 7TD

auctioneers • estate agents • surveyors

Lot

Code

MG-1

DF-1

MG-1

PD-1

DF-1

MG-1

PD-1

DF-1

MA-1

DT-1

MG-2

PD-1

15 John Ruskin Street Camberwell SE5 0NS

Railway Arches adjacent to 70 Conyers Road Streatham SW16 6LT

Site adjacent to 7 Church Street Walton on Thames Surrey KT12 2QP

Land rear of 22 Maxted Road East Dulwich SE15 4LF

Horsgate House and 11,12,13,18 &19 Horsgate Mews Hanlye Lane Haywards Heath West Sussex RH17 5HN

Flats 1-7, 97 Midanbury Lane Bitterne Southampton SO18 4HH

20, 20a & 20b Abbey Parade Merton High Street Merton SW19 1DG

172-174 Fernhard Road Maida Vale W9 3EL

69 Warwick Gardens Kensington W14 8PL

Flat 67 Caernarvon House Hallfield Estate Paddington W2 6EQ

39 Swan Road Hanworth Middlesex TW13 6NF

125 Hampson Way South Lambeth SW8 1HX

364 Southwyck House Clarewood Walk Brixton SW9 8TT

48 Calidore Close Endymion Road Brixton Hill SW2 1HX

280 Parchmore Road Thornton Heath Surrey CR7 8HB

18 St. Louis Road West Norwood SE27 9QW

Flat 1, 61 Babington Road Streatham SW16 6AN

Old Caretakers House Penwortham Road Streatham SW16 6RJ

88 Elsenham Street Southfields SW18 5NT

124 Morden Road South Wimbledon SW19 3BP

151 Barcombe Avenue Streatham Hill SW2 3BQ

1 Bucharest Road Wandsworth SW18 3AS

44 Edge Hill Court Edge Hill Wimbledon SW19 4LW

7 Hazelbourne Road Balham SW12 9NU

107 Tranmere Road Earlsfield SW18 3QP

5 Geraldine Road Wandsworth SW18 2NR

Address

2.30pm

10.00am

Tues 19th May

10.00am

1.15pm

3.30pm

2.15pm

12.30pm

10.45am

11.45am

12.30pm

3.45pm

2.45pm

2.00pm

12.30pm

10.00am

1.15pm

11.45am

11.00am

10.00am

1.15pm

11.00am

Wed 20th May

2.30pm

10.00am

Thurs 21st May

10.00am

1.15pm

3.30pm

2.15pm

12.30pm

10.45am

11.45am

12.30pm

3.45pm

2.45pm

2.00pm

12.30pm

10.00am

1.15pm

11.45am

11.00am

10.00am

1.15pm

11.00am

Fri 22nd May

Mon 25th May

3.45pm

2.45pm

2.00pm

12.30pm

10.00am

1.15pm

11.45am

11.00am

10.00am

1.15pm

11.00am

Tues 26th May

2.30pm

10.00am

Phone Auctioneers Tel: 020 7703 4401

10.00am

Phone Auctioneers Tel: 020 7703 4401

1.15pm

3.30pm

2.15pm

12.30pm

10.45am

11.45am

12.30pm

Phone Auctioneers Tel: 020 7703 4401

Sat 23rd May

2.30pm

Wed 27th May

10.00am

1.15pm

3.30pm

2.15pm

12.30pm

10.45am

11.45am

12.30pm

3.45pm

2.45pm

2.00pm

12.30pm

10.00am

1.15pm

11.45am

11.00am

10.00am

1.15pm

11.00am

Thurs 28th May

10.00am

1.15pm

3.30pm

2.15pm

12.30pm

10.45am

11.45am

12.30pm

3.45pm

2.45pm

2.00pm

12.30pm

10.00am

1.15pm

11.45am

11.00am

10.00am

1.15pm

11.00am

Sat 30th May

www.as-r.co.uk

2.30pm

Fri 29th May

Notes: 1. Where times are specified our staff will attend to open up the premises at these times. There is no need to register, just turn up for the viewing. Keys will not be released to individuals. 2. SPECIAL NOTICE: Some of these properties are generally in poor condition, some with missing floorboards, falling ceilings, and other defects. Fittings and fixtures might be broken or missing and there might be an accumulation of furniture, personal effects and rubbish in the premises. Purchasers take the properties “as is” at the time of completion. Viewing is at your own risk and you are advised to bring a torch and be very careful. The auctioneers take no responsibility for any accidents, losses or damages. 3. Whilst our viewing agents make every effort to keep to the scheduled times, circumstances may lead to a delay and accordingly we ask prospective buyers to be tolerant in such situations.

June auction Viewing times and dates

MA-1

MG-2

MA-1

2 Parchment Street Chichester West Sussex PO19 3BX

8 Park House Park Avenue Maidstone Kent ME14 5AU

214 Grove Road Chadwell Heath Romford RM6 4XB

26 Willenhall Road Plumstead SE18 6TY

27 Lovelace Green Eltham SE9 1LG

107 Congreve Road Eltham SE9 1LL

26 Arsenal Road Eltham SE9 1JU

7 Wastdale Road Forest Hill SE23 1HN

29a Crebor Street East Dulwich SE22 0HF

63 Marsala Road Lewisham SE13 7AA

41a Granville Park Blackheath SE13 7DY

55 Queensgate House 1 Hereford Road Bow E3 2FN

8 Abbey Road Enfield Middlesex EN1 2QL

20 Acton Lane Willesden NW10 8TT

100 Grove Vale East Dulwich SE22 8DR

Address

E: auctions@as-r.co.uk

Lot

Code

Viewing times and dates (cont)

11.00am

9.30am

11.00am

12.30pm

Wed 20th May

12noon

10.00am

11.15am

11.45am

10.45am

4.00pm

3.15pm

1.30pm

12.45pm

Thurs 21st May

11.00am

9.30am

11.00am

12.30pm

Fri 22nd May

Mon 25th May

Tues 26th May

10.00am

11.15am

11.45am

10.45am

4.00pm

3.15pm

1.30pm

12.45pm

11.00am

10.00am

11.15am

11.45am

10.45am

4.00pm

3.15pm

1.30pm

12.45pm

Wed 27th May

11.00am

10.00am

11.15am

11.45am

10.45am

4.00pm

3.15pm

1.30pm

12.45pm

Fri 29th May

12noon

9.30am

11.00am

12.30pm

Sat 30th May

www.as-r.co.uk

12noon

9.30am

11.00am

12.30pm

Thurs 28th May

12noon

9.30am

Phone Auctioneers Tel: 020 7703 4401

11.00am

12.30pm

Phone Auctioneers Tel: 020 7703 4401

Sat 23rd May

Professional Property People

12noon

10.00am

11.15am

11.45am

10.45am

4.00pm

3.15pm

1.30pm

12.45pm

Tues 19th May

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

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 2015 Monday 20th July Tuesday 22nd September Monday 26th October Tuesday 15th December

Certificate No: 3331 ISO 9001:2008