AUCTION CATALOGUE 31 MAY 2022 VENUE: HARD ROCK HOTEL, GREAT CUMBERLAND PLACE, W1H 7DL MIDAS INVESTMENT UPDATE FROM 11AM AUCTION START londoncityauctions.com2PM
xxx
In loving memory forever
Abdul-Rahim Abdul-Redha Al Qaseer
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 3
Our friend, our adviser, our teacher, our partner One of the greatest and kindest men to live in our time. A great Man, A wonderful father and husband, Son, and Brother. The most incredible business partner, friend, and chief in any of us could ever have wished for.
For all of us at London City Auctions, in Edgeware Road, Buckingham Palace, and Newark offices. Rahim was not only partner and boss. He was and has been the most insightful leader of men and women. A protector to us all. In business. Rahim has been the Greatest worldwide decision maker and quickest thinker, not just in Bahrain and Arabia, but also, across our Whole Wider World. Simply Number one. Without compare, A man the likes of whom, no one can compare, and no one ever will. We thank you Rahim. We will carry your guidance, your words, and your teachings with each of us, every single day. always and forever. Inshallah Indeed, we belong to Allah and indeed to him we will return.
Penny, Edward, Bridgett, Wayne, and all the team At London City Auctions
londoncityauctions.com4 | Call us on 0207 0789755 or 01636 558200
In the first quarter of this year, research shows that London accounted for roughly 17% of the lots sold by number, and 27% by value of all UK transactions.
Auctioneer’s Welcome
Edward
It is with great pride and in honour of our Partner Rahim (who sadly passed away on 12th May 2022) that we bring to you London City Auctions largest ever catalogue with over 100 lots to be presented to you on sale day. Greater London is still the favoured location of many investors, but supply both residentially and commercially remains very tight in terms of number of properties being offered to the market.
Building on the success of the previous three auctions we have held this year, which have raised over £10 Million pounds under the hammer, it’s encouraging to see the variety of assets that we are now seeing on offer”. In the recent cycle, we have not yet seen large numbers of distressed assets coming to auction, but LPA Receiverships are showing signs of steadily increasing. The pace of this trend may quicken as interest rates rise and refinancing becomes more expensive”.
Welcome everyone to our 31st May catalogue.
Please do take time to read though the catalogue and if any of team can be of assistance to you, please give us a call anytime. I can be contacted on 07971033276 or London Office 0207 078 9755 or Newark office 01636 558200.
Our team continues to build and this week we welcome Dominic Smith as our new Chief Operations Officer for London City Auctions and NALC Group. Together with our a growing marketing team and a sales team soon to be 20 strong. We continue to run our auction simultaneously both live in the room and online. So, you may bid in which manner and format you chose.
Dear Friends,
The London properties in the May sale include investments in both central London and the Southeast. Together with land investment with very strong potential situated close to Heathrow Airport. Our catalogue includes Guide prices ranging from £1500 starter investments and amenity land up to Maida Vale residential apartments at £1.65M.
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 5 Shanice Taylor Digital Media and Marketing Manager 0207 shanice@nalcgroup.co.uk0789755 Samraa Alqaseer Arbitration Council and Lawyer to Judges Society, Bahrain and Europe Michael Atwood Senior Valuer and Property michael@londoncityauctions.comLister Nataliya Kirilova Auction natalia@nalcgroup.co.uk0207AssistantSupport0789755 Oliver Bailey Digital Media and Marketing Lead 0207 oliver@nalcgroup.co.uk0789755 Kaoutar Aouni Sales Negotiator 0207 kaoutar@londoncityauctions.com075550789755011728 Robert Thompson Group robert@nalcgroup.co.uk0207AccountantCompany0789755 Chris March Director of managementproperty Michael Edwards Sales Negotiator 0207 sales@nalcgroup.co.uk0789755 Fadumo Johor Sales Negotiator 0207 Fadumo@londoncityauctions.com075530789755117904 Tom Barrett tom@londoncityauctions.com0207SalesNationalDirector0789755 Charlie-ann Bennett Senior Sales Negotiator 0207 charlie@nalcgroup.co.uk0789755 Harry Day IT it@nalcgroup.co.uk0207Technician0789755 Elene Khalil-Galion Group Head of elene@londoncityauctions.comMarketing Chell Willis Auction chell@londoncityauctions.com0207ManagerAdministration0789755 Jana Lenfeldova Client Liaison and Sales jana@londoncityauctions.comOfficer Ewan Williamson Visual Engagement and Photography Executive 0207 marketing@nalcgroup.co.uk0789755 Emma Whibley Administration and emma@nalcgroup.co.uk01636listings558200 Cecilia Salazar London cecilia@nalcgroup.co.uk01636administratorauction558200 Edward Swindells edward@londoncityauctions.com07971Auctioneer033276 Dr. A. Rahman Rashid Y. Al-Khashram, Attorney & ConsultantLegalDoctor of law and barristers at court of Cassation & Arbitration Bridgett Dickens Group bridgett@londoncityauctions.com0207DirectorCommercial0789755 Wayne Antoine Group Director 0207 wayne@londoncityauctions.com0789755 Meet the New Team
londoncityauctions.com6 | Call us on 0207 0789755 or 01636 558200 Welcome to our London Office London City Auctions would like to welcome you to our new office at 26 Buckingham Palace Road, London. Internal work has started and the renovation is progressing well. We are very excited about the opening. We will keep you updated on the progress at 26 Buckingham Palace Road in our upcoming catalogues. We couldn’t be more excited to be working with our team to achieve and execute the company’s growth plans alongside the office Wedevelopment.lookforward to seeing you at the auctions and our offices in 2022.
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 7 London City Auctions are proud to be associated with The Hard Rock Hotel. Investment updates from 11am, Auction starts at 2pm Great Cumberland Place, Marylebone, London, W1H 7DL Tel:02075235053
14. Various non-optional fixed or able variable additional fees and costs me be payable by the buyer on top of the purchase price. These will include buyers administration fee and me include a contribution towards the sellers and/or their solicitors costs, documentation costs, ground rent, apportionment of rent/ service charge, rent/ service charge arrears, VAT, Stamp Duty Land Tax ect. To establish the full cost of purchasing a property please obtain your own independent advice and inspect the legal towithneeddepositinreferto16.statedtheistheannouncementpublicationIftheythewebsitesdobelowpropertiesanyprinting.beattherepresentforconditions.15.documentation/specialGuidepricesareguidancepurposesonly,andtherangewithinwhichreserve(Theminimumfigurewhichthelotcanbesold)maysetatthetimeofthecatalogueGuidesmaychangeattimebeforetheauction,andcouldsellaboveorthefiguresquoted,butweupdatethemonourauctioneachworkingdayuptolastdaybeforetheauction,andareshownintheaddendum.achangeoccursafterthisdeadlinethenanwillbemadefromrostrum.Ifthefinalguidepricestatedasasinglefigurethenreservewillbewithin10%ofthefigure.BeforebiddingallbiddersneedprovideavalidformofID.Pleasetothebidderregistrationformthecatalogueorcontactus.Theandthebuyer’spremiumtobetransferredoragreedtheauctioneerinwritingpriorauthorisationtobidonline.
10. The successful bidder must pay the deposit by personal bank debit card, bankers draft, building society draft. If this requirement is not complied with then we reserve the right to offer the lot elsewhere or again by auction and claim any loss from you. Drafts should be made payable to ‘London City Auctions’. We are unable to accept the deposit payment in cash.
13. If you are successful then, unless otherwise stated in the conditions of sale, the lot will be at your risk upon the fall of the gavel and so it is recommended to arrange insurance as soon as possible.
12. Each successful buyer will be required to pay to London City Auctions Buyers administration fee of £1000 on exchange of contracts for each lot purchased.
• All lots offered are subject to an undisclosed reserve price.
• Please note that no question will be taken by the auctioneer from the floor once the auction is in progress. If you have any last minute queries, you should speak to a member of staff. Our advice, if you have any doubts, is not to bid.
8. Some sellers require the buyer to contribute towards their legal/ administrative costs by specifying an additional amount payable on completion. If applicable then it will be detailed in the special conditions of sale applying to that lot.
In any ‘lease details’ information ground rent maybe payable and may rise whether or not it is stated. Dimensions/ areas/ accommodation supplied and legal documents such as lease and EPCs should not be relied upon and should be verified by your own
18. After the (online) auction
• If successful, the auctioneer will complete the memorandum of sales on the buyer’s behalf immediately post auction.
6. Offers can be submitted to buy a lot before the auction and if acceptable a sale can proceed but the property will not be withdrawn from the action until contracts have been exchanged.
• The auctioneer will provide a hard and soft copy of the exchanged contract to both parties within 24hours post auction.
Important notice Guide to buying at auction
7. Legal documents are usually available to view or download from our website. Alternatively they are available from the sellers’ solicitors. Please remember that you buy subject to all documentation and terms of the sale contract whether or not you have read them.
• The auctioneer will regulate the bidding increments and the property will be ‘knocked down’ to the highest bidder, assuming that the reserve is met or exceeded.
• The auctioneers shall account out to all parties the balance of their deposit and/or outstanding balance, within 5 working days post auction.
londoncityauctions.com8 | Call us on 0207 0789755 or 01636 558200 Please note our auction will be held online or in person. You can bid at our sales by visiting Our Remote Bidding Page. For further information please call the property office on 0207 0789755 or 01636 558200. 1. Properties are offered subject to the “Common Action Conditions (fourth edition April 2018)” which are reproduced with the consent of the Royal institution of chartered surveyors. 2. A prudent buyer before bidding •will take professional advice from a solicitor and, in appropriate cases, a surveyor and accountant • Read the conditions • Inspect the Lot • Check the content of our documents • Check the accuracy of the catalogue • Have finance available for the deposit and the 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. 4. Photographs or plans are for identification purposes only to assist you in the location of the property and they are not intended to show the interest to be sold. Such photographs and plans are expressly excluded from the contract of sale. Location plans are reproduced with the permission of Ordinance Survey under license number ES100004608. All measurements and dimensions are approximate. No services or systems (e.g. central heating, fire and burglar alarms) have been tested. The accommodation describes the number of rooms as currently arranged. A statement for one lot does not imply that it does/ does not apply to another.
17. •BiddingTheauctioneer will announce each lot and refer to any last minute changes.
5.inspection/measuring.Theremaybeupdates to information issued either in this catalogue or Addendum. A notice detailing such changes will be available at the auction and will form part of the contract, or an announcement may be made from the rostrum. Updates are also posted online at easyliveauction. com. You are advised to check with us on arrival at the auction as to whether there are any changes affecting the Lot for which you intend to bid. If you bid you will be assumed to do so with knowledge of any such changes. You should also check whether a Lot in which you are interested has been withdrawn or sold prior.
• The auctioneer will invite bids at a particular level and you can make this bid by typing in your offer.
9. No employee of the auctioneers has the authority to make or give any representation or warranty about any of the lots to be offered.
• The current lot number is usually displayed on screen next to the auctioneer, which will also display the last bid taken for the lot being offered.
11. If you are successful in the bidding then you have entered into a binding contract to purchase the Lot. You must immediately give to the auctioneer’s clerk your name and address and that of your solicitor, provide two forms of proof of identity to include both the name and address of the buyer, pay the 10% deposit(or £5,000 whichever is greater) and sign the sale memorandum before leaving the room. Please note that the properties are not sold ‘ stc’ or ‘subject to finance’ when you buy at auction. They are sold unconditionally on the fall of the hammer. If you are the successful bidder, you or the named buyer are legally obliged to complete the sale.
7. For an LLP, ID for 2 designated members Unincorporated business or partnership 1. ID for the individual(s) controlling the transaction ID for the individual(s) who (directly or indirectly) holds more than 25% of the capital, profits or voting rights 1. Copy of the trust deed ID for two trustees, including the trustee controlling the transaction ID for any beneficiary with an interest of more than 25% Foreign Registered company 1. Certificate of Incorporation Memorandum of association and evidence of the registered office Register of shareholders, including those for parents companies and group structure if applicable ID for the individual(s) who (directly or indirectly) holds more than 25% of the capital, profits or voting rights and for the controlling party if different
• The Bidder- if different from the buyer and
1. Registration number 2. Certificate of Incorporation
If you bid as agent or representative for the buyer, you will also need to provide us with written evidence of your authority to do so from the buyer. The table below shows the identification documents usually required. If the capacity in which you propose to purchase is not shown, please discuss with London City Auctions director as soon as possible before the auction. We may also undertake further identification checks through 3rd party sources. Any personal data obtained from the purposes of complying with the regulations may only be processed by us for the prevention of money laundering or terrorist financing.
In certain circumstances we can rely on others to apply customer due diligence for us including a UK business which is itself subject to the regulations.
• Photo ID issued by a government authority with full name, date of birth, passport, driving license
1. ID for the bidder Written proof if authority to act as agent for the Buyer Buyer (the individual or entity that will own the property) Individual(s) unless the Individual(s) is/are the bidder ID relating to all the buyer(s) UK registered Limited Company or Limited Liability
ID means the originals of
Trusts
2.
You can start the registration process before the auction by completing the London City Auctions customer form found in the auction catalogue for each lot and returning it us.
Provider of funds for deposit
2.
2.
Requirements for bidders and buyers under the money laundering regulation Minimum requirements
Who
Partnership
2. Documentary evidence of the link between the bidder/buyer and the funds provider
• The person providing funds for the deposit
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 9
1. The deposit must be paid from bank or building society that is regulated by a Competent UK Regulatory Authority
It is important that you are aware that under clause A6.5 of the Auction Conduct Conditions of the sale contract can be ended by us if, in our absolute discretion, we are not fully satisfied with the compliance under the Regulations.
3.
• Proof of residential address such as a utility company or council tax bill or bank statement within the last three months We may accept photocopies of these documents providing each document page has an original certification by an appropriate person such as a bank, financial institution, solicitor or chartered accountant.
2.
6. ID for the individual(s) who (directly or indirectly) holds more than 25% of the capital, profits or voting rights
Bidder bidding(individualattheauction)
3. Proof of Registered Office Address 4. Full Name of Board of Directors 5. ID for the individual(s)controlling the transaction
3.
4.
The Regulations requires us to carry out customer due diligence. This includes the identification of:
By Law we are required to prevent our services being used for money-laundering or terrorist financing purposes. The obligations are set out in the Money Laundering, Terrorist Financing and Transfer of Funds Regulation 2017.
• The Buyer
londoncityauctions.com10 | Call us on 0207 0789755 or 01636 558200 Upcoming Auctions Newark London 16th June 2022 28th July 2022 8th September 2022 20th October 2022 24th November 2022 15th December 2022 30th June 2022 4th August 2022 7th September 2022 13th October 2022 17th November 2022 14th December 2022 Held at: Hard Rock Hotel
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 11 We would like to thank our joint agents New londoncityauctions.comWebsite
37 Plots
£40,000 43 Plot F7 Furzen
0HZ £95,000 47 Flat 14 Kentwell Close,
33 Leasehold
36 Leasehold
31 Leasehold
4EA £80,000 45 2 Adjoining Riverside
£250,000 42 727 Manchester
32 Leasehold
Kent,
30
34 Leasehold
40 Block of
per plot 41 Potential Development Land
35 Leasehold
£250,000
londoncityauctions.com12 | Call us on 0207 0789755 or 01636 558200 Order of sale 1 Unit 1, Ground Floor Unit at Trafalgar Street, Consett, County Durham, DH8 5AP £100,000 2 Flat 10 Westlecote House, Westlecot Road, Swindon, SN1 4EQ £250,000 3 Plots A293, Hadlow Road, Tonbridge, Kent, TN10 4LP £2000 per plot 4 7 Market Street, Highfields, Doncaster, Yorkshire, DN6 7JE £65,000 5 Substation C, Chestnut Close, Rendlesham, Woodbridge, Suffolk, IP12 2UW £6000 6 Parcel of Land to the East Side of Shinfield Road, Reading, Berkshire, RG2 9BE £10,000 7 Second floor, Regents Plaza Apartment, 8 Greville Road, London, NW6 5HU £1,650,000 8 Plots A164-A167 Long Reach, Ockham, Woking, GU23 6PG £2500 per plot 9 Block of 30, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £3000 per plot 10 Residential Development Opportunity at 14 Macdowall Street, Johnstone, Renfrewshire , PA5 8QL £120,000 11 Top Floor Unit, Boxing Gym, Trafalgar Street, Consett, County Durham, DH8 5AP £200,000 12 Plots A20 and A45, Hadlow Road, Tonbridge, Kent, TN10 4LP £2000 per plot 13 Plot C116 Bolventor, Launceston, Cornwall, PL15 7TY £3000 14 200 York Road, Hartlepool, TS26 9EB £90,000 15 Access Roads to the Rear of 5-11 Cedar Road, Rendlesham, Woodbridge, Suffolk, IP12 2UN £6000 16 Apartment 23, Sirius 2, The Boardwalk, Brighton Marina Village, Brighton, East Sussex, BN2 5ZE £400,000 17 Plots A95, A96 , A97 , A98 Long Reach, Ockham, Woking , GU23 6PG £2000 per plot 18 Plots B127-B141, Aylesbury Road, Rowsham, Aylesbury, Buckinghamshire, HP22 4RH £1500 per plot 19 Plot B18 Furzen Lane, Walliswood, Dorking, Surrey, RH5 5QE £4000 20 Unit 1, Individual shop unit at Earls Lane Shopping Centre, Lowther Street, Carlisle, Cumbria, CA3 8DG £150,000 21 Block of 16, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £3000 per plot 22 Plots A252, A253, A254, A255, A256 Hadlow Road, Tonbridge, Kent, TN10 4LP £2000 per plot 23 Car Park to the North Side of, Heather Avenue, Alexandria, G83 0TJ £100,000 24 Flat 28 Swan Court, Lockwood, Huddersfield, Yorkshire, HD1 3UX £38,000 25 Villa Fardella, 6 Canada Felipa, Pedralba, Valencia, Spain, 46164 £350,000 26 Substation D, Chestnut Close, Rendlesham, Woodbridge, Suffolk, IP12 2UW £6000 27 Plots A106 - A109 Long Reach, Ockham, Woking, GU23 6PG £2000 per plot 28 Freehold, Flats 1-8, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £450,000 29
plot 38 Plots
4LP £85,000 46 19 Appleton
Potential
39 Access
Leasehold Flat 1, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £67,000 Leasehold Flat 2, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £55,000 Flat 3, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £68,000 Flat 4, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £60,000 Flat 5, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £65,000 Flat 6, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £68,000 Flat 7, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £50,000 Flat 8, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP £60,000 A274, A275, A276, A277, A278 Hadlow Road, Tonbridge, Kent, TN10 4LP £2000 per A327, A328, A329, Long Reach, Ockham, Woking, Surrey, GU23 6PG £9000 Ways to the rear of 30-37 Godalming Avenue, Wallington, Surrey, SM6 8NW £4000 25, Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £3000 to the rear of 82-94 Green Lane, London, SE9 2AP Road, Linthwaite, Huddersfield, HD7 5RT Lane, Walliswood, Dorking, Surrey, RH5 Street, Blackhall Colliery, Hartlepool, TS27 Plots, Hadlow Road, Tonbridge, TN10 Road, Stockton-on-Tees, TS19 Turnham Road, London, SE4 2QN
5QE £4000 44 66 Middle
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 13 48 Plots B142-B156, Aylesbury Road, Rowsham, Aylesbury, Buckinghamshire, HP22 4RH £1500 per plot 49 Plots B175 and B176 Hadlow Road, Tonbridge, Kent, TN10 4LP £2000 per plot 50 16 Plots at Beech Farm Road, Warlingham, Surrey, CR6 9QG £2500 per plot 51 Flat 48 Hanson Lane, Huddersfield, Yorkshire, HD1 3UW £38,000 52 Block of 36, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £3000 per plot 53 Plots A378-A382 Long Reach, Ockham, Woking, Surrey, GU23 6PG £2000 per plot 54 North Block of 13, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £3000 per plot 55 Unit 2, Individual shop at Earls Lane Shopping Centre Earls Lane, Lowther Road, Carlisle, Cumbria, CA3 8DG £120,000 56 Faiths Farm, Delph Lane, Claughton-On-Brock, Preston, PR3 1UP £350,000+ 57 Apartment 18, The Mansion House, Redwing Crescent, Longwood, Huddersfield, HD3 4RL £30,000 58 Plots D89-D91, Ledgers Road, Warlingham, Surrey, CR6 9QA £2000 per plot 59 126 Cross Lane, Primrose Hill, Huddersfield, Yorkshire, HD4 6DW £50,000 60 Plot A4 Aylesbury Road, Rowsham, Aylesbury, Buckinghamshire, HP22 4RH £3000 61 Flat 13, Harrington Court, Altyre Road, Croydon, London, CR0 5LE £240,000 62 Land at Peartree Lane, Cradley Heath, West Midlands, B64 6EH £500,000 63 Unit 3, Individual shop unit at Earls Lane Shopping Centre, Earls Lane, Carlisle, Cumbria, CA3 8DG £150,000 64 44 Tarring Street, Stockton-on-Tees, TS18 1HJ £45,000 65 Plots D15, D16, D17, D18, Ledgers Road, Warlingham, Surrey, CR6 9QA £2000 per plot 66 Carlton Bingo, College Street, Dumbarton, G82 1NJ £325,000 67 Plots B368 and B369 Hadlow Road, Tonbridge, Kent, TN10 4LP £2500 per plot 68 Unit 14, Bus Station At Earls Lane, Shopping Centre, Carlisle, Cumbria, CA3 8DG £150,000 69 Apartment 24, The Mansion House, Redwing Crescent, Longwood, Huddersfield, HD3 4RL £30,000 70 Plot C38 Dundry Lane, Dundry, Bristol, BS41 8JQ £5000 70A Plot C39 Dundry Lane, Dundry, Bristol, BS41 8JQ £5000 71 Flat 68 Cross Lane, Huddersfield, Yorkshire, HD4 6DL £40,000 72 Unit 3, Ground Floor Unit, Trafalgar Street, Consett, County Durham, DH8 5AP £80,000 73 22 Plots at Beech Farm Road, Warlingham, Surrey, CR6 9QG £2500 per plot 74 HMO - 29 Nether Hall Road, Doncaster, DN1 2PG £280,000 75 Winfield Houseboat, Erewash Moorings, Trent Lock, Long Eaton, Nottinghamshire, NG10 2FY £185,000+ 76 22 Grant Road, Harrow, Middlesex, HA3 7SF £825,000 77 HMO - 27 Nether Hall Road, Doncaster, DN1 2PG £320,000 78 Plots A22-A28 And A64-A70, Land at Epping Farm, Epping, Essex, CM16 7NY £2500 per plot 79 Heathrow Villa £TBC 80 Block of 26, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £3000 per plot 81 60 Tarring Street, Stockton-on-Tees, TS18 1HJ £45,000 82 Plots A08-A20, Land at, Epping Farm, Epping, Essex, CM16 7NY £2500 per plot 83 8 Dunhill Road, Goole, Yorkshire, DN14 6SS £170,000 84 Plots D19, D20, D62 and D63, Ledgers Road, Warlingham, Surrey, CR6 9QA £12,000 85 4 St Botolph’s Road, North Fleet, Kent, DA11 8ES £450,000 86 22A, Lower Range Road, Gravesend, Kent, DN12 2QL £280,000 87 22B, Lower Range Road, Gravesend, Kent, DN12 2QL £160,000 88 Royal Langford Apartments, 121 Greville Road, London, NW6 5HT £350,000 89 84 Tarring Street, Stockton-on-Tees, TS18 1HJ £45,000 90 South Block of 13, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £3000 per plot 91 Plots A108-A112, Land at, Epping Farm, Epping, Essex, CM16 7NY £2000 per plot 92 Flat 4 Melcombe Regis Court, 59, Weymouth Street, London, W1G 8NS £200,000 93 28.3 Acre Section of land at Epping Farm, Epping, Essex, CM16 7NY £1,400,000
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com14 0207 0789755 or 01636 558200 LOT01 Unit 1, Ground Floor Unit at Trafalgar Street, Consett, County Durham, DH8 5AP Guide £100,000Price Guide Plus + Buyer’s Premium + VAT PART COMMERCIAL PREMISES WITH INVESTMENT INCOME
Description
Location Located in the centre of Consett and close to all local shops, set close to the local bus station and just off the A692. Consett is a town in County Durham, England, about 14 miles (23 km) southwest of Newcastle upon Tyne. It had a population of 27,394 in 2001 and an estimate of 25,812 in 2019.
An ideal investment opportunity to buy a unit in a shopping arcade which fully consists of 10 shops, 7 of which are obtaining a current rental income of around £25,000 pa. Unit 1 is a ground floor corner unit which could be used for a variety of investment opportunities and is currently vacant.
Tax Band E. EPC is above average for the area rated C. Location Located in Swindon, Westlecot Road is in the southwest region of England and is consider one of the safest places to live in the UK. You can find primary and secondary schools in less than 01 mile away, GP surgeries and dentists also less than 01 mile away, supermarkets, pharmacies and transport. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Buyer’s Premium +
londoncityauctions.com 15 0207 0789755 or 01636 558200 LOT02 Flat 10 Westlecote House, Westlecot Road, Swindon, SN1 4EQ Guide £250,000Price Guide
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. Plus + VAT
Leasehold – 125 Years from 1 January 2005 Description A great opportunity to buy a leasehold flat in Swindon. This mid-floor flat measures approx. 113 sq. m of internal floor space and comprises of one reception room, kitchen, bathroom and two bedrooms. It is situated within a gated community and the property is fully double glazed and has gas central Councilheating.
INVESTMENT FLAT
Guide Plus + Premium + VAT
Location
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com16 0207 0789755 or 01636 558200 LOT03 Plots A293, Hadlow Road, Tonbridge, Kent, TN10 4LP Guide Price £2000 per plot
Freehold Description Plots A293 are rectangular shaped plots each measuring approx. 200 sqm (STMS). The site offers secure access with hard standing road running all the way to the field containing the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity uses such as animal grazing. The land does benefit from some future hope value subject to obtaining the required consents.
Buyer’s
STRATEGIC AGRICULTURAL LAND WITH FUTURE HOPE VALUE
The site can be accessed off Hadlow Road Tonbridge opposite house 135. Being just off the A26 north of Tonbridge and just one hour by road south of central London. What3words: rotate.pepper.ruled Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
VACANT RESIDENTIAL INVESTMENT
This end terraced property was constructed before 1900 and has approx. 882 sq. ft of internal space. To the ground floor there is a good sized newly fitted kitchen with base and wall units in modern grey. The utility room is plenty big enough for a washing machine and tumble dryer and also has a WC. The reception room is very large and can either be left as one large room or made into either two reception rooms or a reception room and diner. There is also a under stairs storage cupboard.
To the first floor there are three good sized bedrooms one of which contains a shaving sink. The bathroom has been newly decorated and is now fully tiled with a basin, bath and walk in shower.
Council Tax Band A. EPC rated D with the possibility of achieving a B rating. Location Doncaster is a large minster town in South Yorkshire, England, named after the River Don, which flows through the town. It is the main settlement of the Metropolitan Borough of Doncaster and the second largest in South Yorkshire after Sheffield. Founded by the Romans, Doncaster is a major regional hub with good transport, heritage sites and recreation centres. It is also considered a market town due to its large market centre and market charter status from medieval times. In the 2011 census the town of Doncaster (identified as the built-up area subdivision) had a population of 109,805, while the wider built-up area had a population of 158,141.
Freehold – vacant possession upon completion Description
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
londoncityauctions.com 17 0207 0789755 or 01636 558200 LOT04 7 Market Street, Highfields, Doncaster, Yorkshire, DN6 7JE Guide£65,000Price
+ Buyer’s
Guide Plus Premium VAT
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
+
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
– Subject
existing
Freehold to lease Description
The property comprises a parcel of single storey brick built electrical sub stations, each arranged beneath a pitched roof. Included is the driveway land in front of the Pleasesubstation.lookatthe map picture to see Substation marked as Substation D for your accurate location of Substation C.
Guide price includes substation and driveway land in front of substation with future hope value and until then a small potential annual income.
Tenancy
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com18 0207 0789755 or 01636 558200 LOT05 Substation C Chestnut Close, Rendlesham, Woodbridge, Suffolk, IP12 2UW Guide£6000Price Guide Plus + Buyer’s Premium + VAT COMMERCIAL INVESTMENT / FUTURE DEVELOPMENT POTENTIAL
The properties are located within the Wackerfield developments in Rendlesham – situated on the A1152 providing direct access to the A12 and the shopping facilities of Ipswich. Woodbridge is a port and market town in the East Suffolk district of Suffolk, England. It is 8 miles (13 km) up the River Deben from the sea. It lies 7 miles (11 km) northeast of Ipswich and forms part of the wider Ipswich built-up area. It is well known for its boating harbour and tide mill, on the edge of the Suffolk Coast. A “gem in Suffolk’s crown”, it has been named the best place to live in the East of England.
Each electrical substation is subject to a lease in favour of Eastern Electricity Plc for a tenure of 99 years from 18th November 1991 (thus having approx.68 years unexpired) at no rent. Location
+ VAT
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Description On offer we have a parcel land situated between the back gardens of residential properties between Shinfield Road and Wilsford Close. This land measures approx. 0.04 acres (STMS) and has been previously part of a larger parcel that was recommended for planning approval at a committee in March 2016, subject to a legal Dueagreement.tothelands location this land has significant future hope value and would make a great buy for investors looking.
FreeholdPROPERTYTODEVELOPMENTPOTENTIALLANDSITUATEDTHEREAROFRESIDENTIAL
STRATEGIC
londoncityauctions.com 19 0207 0789755 or 01636 558200 LOT06 Parcel of Land to the East Side of Shinfield Road, Reading, Berkshire, RG2 9BE Guide£10,000Price
The What3words for the entrance are: deeper.images.chairs Location Reading is a historic large market town in Berkshire, England, in the Thames Valley at the confluence of the rivers Thames and Kennet. It is on the Great Western Main Line railway and the M4 motorway, 40 miles (64 km) east of Swindon, 25 miles (40 km) south of Oxford, 40 miles (64 km) west of London, 15 miles (24 km) north of Basingstoke, 13 miles (21 km) southwest of Maidenhead and 15 miles (24 km) east of Newbury.
Guide Plus + Buyer’s Premium
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Further information
londoncityauctionsnote that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. 0207 0789755 or 01636 558200
Sale and Special Conditions
.com20 Please
Guide and reserve price
Prospective buyers attention is drawn to the general conditions of sale and the common auction conditions. In addition many vendors include additional cost with their conditions of sale, these documents are available from the auctioneers office free of charge or within the legal pack.
At the close of bidding, upon the fall of the hammer, the successful bidder is instantly under a binding contract to purchase the relevant real estate. The successful bidder must present to the auctioneers their name and address and/ or company details. This information is used to complete the memorandum of sale and will be signed by the auctioneer on both the buyers and sellers behalf.
An administrative charge of £1000 is payable at the same time as the contractual deposit on each lot purchased. In the event of nonpayment, this amount will be deducted from the amount received before the balance is applied to deposit. A VAT receipt will be issued in the name of the buyer. Additional information available online at londoncityauctions.com.
Guides are provided as an indication of each seller’s minimum expectation at the time of printing the catalogue. They are not necessarily a figure which the property will sell for and may change at any time prior to auction. Each property will be offered subject to a reserve (a figure which the auctioneer cannot sell the property below). The reserve will be set within the guide range or no more than 10% above the final published guide figure. Prospective purchasers should make themselves aware of the auction addendum prior to the start of the auction.
Contract charge and documentation charge
Successful Bidders
We are excited to offer you this opportunity to buy a beautiful and spacious apartment in Regent’s Plaza London. Formally two apartments, these have now been made into one much larger apartment after being granted planning permission. This apartment now contains four bedrooms, two with en-suite, large reception room, two kitchens, two further guest bathrooms and two separate WC’s.
Full vacant possession Description
As a resident here you will also be able to enjoy the use of the gym, indoor swimming pool, sauna and steam room, all included in your service charge (effectively free use) and will be allocated two parking spaces in the secure underground parking provided. Upper floors are accessible via the elevator and there is 24-hour security/front desk. You have your entrance phone and there is an outdoor communal garden for you to enjoy. This would be a massive investment opportunity as a buy to let or a beautiful family Councilhome.TaxBand
G. EPC rated B and C. NB: The property was originally designed as two separate apartments and could be easily reconfigured (subject to consents)
Location Situated within a popular and affluent area of northwest London. The apartment is located within a popular residential block of flats linked to the Marriott Hotel and benefits from on-site 24-hour concierge, gym access and two underground parking spaces. The building is located at the junction with Greville Road and Kilburn Priory. Public transport includes Kilburn High Road (overland) station and Kilburn Park (underground Bakerloo Line) station, giving ease access to the city and central London. There are numerous bars, restaurants and shopping amenities close by. Recreation facilities can be found at Paddington Recreation Ground.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com 21 0207 0789755 or 01636 558200 LOT07 Second Floor Regents Plaza Apartment, 8 Greville Road, London, NW6 5HU Guide £1,650,000Price Guide Plus + Buyer’s Premium + VAT SIGNIFICANT RESIDENTIAL INVESTMENT OPPORTUNITY Tenure – Long Leasehold / Virtual Freehold(Lease 999 years from 22nd May 1996)
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com22 0207 0789755 or 01636 558200 LOT08 Plots A164-A167 Long Reach, Ockham, Woking, GU23 6PG Guide Price £2500 per plot Guide Plus + Buyer’s Premium + VAT AMENITY INVESTMENT LAND Freehold Description
This site offers secure access with hard standing road running all the way to the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity, animal and grazing. These four plots measure approximately 212 sqm (STMS) each and make up a large strip Judgingarea. from the nature and variety of properties and uses close by the land has significant hope value for future planning, subject to obtaining the required consents with the local council.
Location Off the B2039 towards Oakham Village Long Reach. Ockham is a rural and semi-rural village in the borough of Guildford in Surrey, England. The village starts immediately east of the A3, but the lands extend to the River Wey in the west where it has a large millhouse. Ockham is between Cobham (near Leatherhead) and East Horsley (near Guildford). Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000+ VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com 23 0207 0789755 or 01636 558200 LOT09 Block of 30, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS Guide Price £3000 per plot Guide Plus + Buyer’s Premium + VAT IMPORTANT FreeholdPLANNINGINVESTMENTSTRATEGICLANDWITHPOTENTIAL
Location Iver is a large civil parish in Buckinghamshire. In addition to the central clustered village, the parish includes the residential neighbourhoods of Iver Heath and Richings Park. Part of the 43-square-mile Colne Valley Regional Park, with woods, lakes and land by the Grand Union Canal.
Description A massive investment opportunity to buy flat land ideal for possible development, subject to obtaining the required consents with the local council. This block is outlined in red on the plan. There are 30 plots in this block each measuring approx. 243 sqm individually that can be purchased as a whole or per plot. This land is close to a residential area with golfing clubs and local amenities, and less than a 15-minute drive away from Heathrow Airport. Heathrow is the main, and busiest airport serving the United Kingdom and is also Europe’s busiest airport for passenger traffic, it handles more international passenger traffic than any other airport in the world. Close to the M25 and M4 this is an ideal investment plot for someone looking.
TOTAL (Potential) GDV = £1,375,000 Planning application ref number: 10/0772/PP.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com24 0207 0789755 or 01636 558200 LOT10 Residential Development Opportunity at 14 Macdowall Street, Johnstone, Renfrewshire, PA5 8QL Guide £120,000Price Guide Plus + Buyer’s Premium + VAT RESIDENTIAL DEVELOPMENT OPPORTUNITY Freehold Description A great opportunity to acquire a development site with the benefit of detailed planning available for approval. A construction of two blocks of apartments. Gross floor areas for the proposed drawings are as follows: Block A - 6 Apartments - 2 x Two bedroom apartment - 60.42 Sq. M 4 x Two bedroom apartment - 50.92 Sq. M Block B - 8 Apartments - 3 x One bedroom apartment - 50.92 Sq. M 1 x One bedroom apartment - 44.86 Sq. M 1 x Two bedroom apartment - 53.43 Sq. M 3 x Two bedroom apartment - 56.83 Sq. M 17 Parking spaces
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Location Johnstone offers local shopping, sports/recreational facilities and schooling. Located within this popular location, close to the main A737 road, Macdowall Street offers fast access to the motorway network, with junction 29 of the M8 motorway less than three miles away. You can be in central Glasgow in about twenty minutes, while the airport is just four Themiles.train station provides access to Paisley and Glasgow city centre. There is also an excellent bus service to Paisley, Glasgow and the coast. The local primary and secondary schools are both within close proximity. The major shopping centre at Braehead is just beyond the airport, while Johnstone itself still retains many friendly, traditional independent shops, a few larger stores, bars, restaurants and a swimming pool.
our
for updates. londoncityauctions.com 25 0207 0789755 or 01636 558200 LOT11 Top Floor Unit, Boxing Gym, Trafalgar Street, Consett, County Durham, DH8 5AP Guide £200,000Price Guide Plus + Buyer’s Premium + VAT PART COMMERCIAL PREMISES WITH INVESTMENT INCOME
Description
Location Located in the centre of Consett and close to all local shops, set close to the local bus station and just off the A692. Consett is a town in County Durham, England, about 14 miles (23 km) southwest of Newcastle upon Tyne. It had a population of 27,394 in 2001 and an estimate of 25,812 in 2019. Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
An ideal investment opportunity to buy a unit in a shopping arcade which fully consists of 10 shops, 7 of which are obtaining a current rental income of around £25,000 pa. This unit is currently being used as a well-established boxing gym which comprises of the areas marked on the plans shown in red. The property is currently occupied on a license at £12,000 per annum exclusive of VAT.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on website, auction addendum and you are advised to check the website regularly
Freehold Description Rectangular shaped plots all measuring approx. 200sqm each (STMS). This site offers secure access with hard standing road running all the way to the field containing the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity uses such as animal grazing. Any planning decisions would need to be sought by the local planning department.
STRATEGIC AGRICULTURAL LAND WITH FUTURE HOPE VALUE
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com26 0207 0789755 or 01636 558200 LOT12 Plots A20 and A45, Hadlow Road, Tonbridge, Kent, TN10 4LP Guide Price £2000 per plot Guide Plus + Buyer’s Premium + VAT
Location Can be accessed off Hadlow Road, Tonbridge where you will find the entrance gate directly opposite 135 Hadlow Road. Being just off A26 north of Tonbridge and just one hour by road south central London. Tonbridge is a market town in Kent, England, on the River Medway, 4 miles (6 km) north of Royal Tunbridge Wells, 12 miles (19 km) southwest of Maidstone and 29 miles (47 km) southeast of London. In the administrative borough of Tonbridge and Malling, it had an estimated population of 41,293 in 2018. Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
Guide Plus + Buyer’s Premium + VAT
londoncityauctions.com 27 0207 0789755 or 01636 558200 LOT13 Plot C116 Bolventor, Launceston, Cornwall, PL15 7TY Guide£3000Price
This plot of land is a great investment with potential future hope value. Close to the Jamaica Inn you will be surrounded by natural beauty.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Measurements of the plots are as follows:
Location These plots are located on the north side of A30 to Bodmin – a civil parish and historic town in Cornwall. It is situated south-west of Bodmin Moor.
C116 – 4947 SQM- 1.22 acres
OPPORTUNITY TO OWN AMENITY LAND WITHIN A SITE OF OUTSTANDING BEAUTY Freehold Description
Cornwall Cornish: Kernow is an historic county and ceremonial county in southwest England. It is recognised as one of the Celtic nations and is the homeland of the Cornish people. Cornwall is bordered to the north and west by the Atlantic Ocean, to the south by the English Channel, and to the east by the county of Devon, with the River Tamar forming the border between them. Cornwall forms the westernmost part of the southwest Peninsula of the island of Great Britain.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
All measurements are approx. and subject to measurement survey. These plots of land offer the purchaser an opportunity to utilise the land. For amenity value, leisure pursuits and possible grazing. Subject to obtaining any required consents.
There are three possible bedrooms, one of which is currently being used as a storage room, with two being of double size and one slightly smaller. In the living area some refurbishment is required but overall, this is a great investment with the potential to make two incomes from this one purchase. Council Tax Band A.
We are pleased to offer you this property which consists of a wellestablished and well-presented shop on the ground floor and large living quarters to the first and second floor.
First/Second Floor: A good size reception room with bay window and a room currently being used for storage that could be made into a second reception room. A kitchen with a range of base and wall units decorated with modern black tiles and a shower room with WC, basin and a sky light window.
NB: Viewings are not currently available for this property. Location This property has all necessary amenities nearby including supermarkets, coffee shop, and local shops. There are primary and secondary schools rated good to excellent within a 5-mile radius making this property ideal for families as well as investors. Hartlepool is a large port town in County Durham, North East England. The town is located 32 miles (51 km) south-east of Newcastle upon Tyne, 17 miles (27 km) southeast of Durham, 20 miles (32 km) south-east of Sunderland.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com28 0207 0789755 or 01636 558200 LOT14 200 York Road, Hartlepool, County Durham, TS26 9EB Guide£90,000Price Guide Plus + Buyer’s Premium + VAT MIXED COMMERCIAL AND RESIDENTIAL FreeholdOPPORTUNITY Description
Ground Floor: A very eye catching, modern and established protein shop with two storage rooms behind. The lease on this shop has approx. 2 years 3 months remaining with a base rent of £750 per month. To the rear/side of the property is a small concreted back garden area with secure back gate.
Guide Plus + Buyer’s Premium + VAT
Location Rendlesham Forest is owned by the Forestry Commission and consists of about 5.8 square miles (15 km2) of coniferous plantations, interspersed with broadleaved belts, heathland and wetland areas. It is located in the county of Suffolk, about 8 miles (13 km) east of the town of Ipswich. The access road is situated on the Wackerfield development in Rendlesham. Rendlesham is situated on the A1152 which provides direct access to the A12 and the shopping facilities of Ipswich.
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
londoncityauctions.com 29 0207 0789755 or 01636 558200 LOT15 Access Roads to the Rear of 5-11
Road, Rendlesham, Woodbridge, Suffolk, IP12 2UN Guide£6000Price
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. Cedar
ACCESS FreeholdWAY Description Freehold land and alleyways to the rear of the properties of 5-11 Cedar Road, WithinRendlesham.aresidential area, close to all local amenities and close links to the A1152 and the B1069. There are fields and an industrial estate within a 5-mile radius. A great little investment of land for the right buyer.
Location Brighton is a popular commuter town located approx. 50 miles south of central London with transport links via London Victoria railway station to nearby Brighton Railway Station – journey time of approx. 60 minutes. The property is situated off the junction of Marina Way and The Boardwalk and set within an exclusive residential block of flats in the heart of Brighton Marina. There are numerous shopping amenities close by, and the marina benefits from an abundance of waterfront restaurants, boutiques as and recreational facilities which are conveniently on the property’s doorstep.
Leasehold – generating an income of £14,400 P.A.
Tenancy
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com30 0207 0789755 or 01636 558200 LOT16 Apartment 23, Sirius 2, The Boardwalk, Brighton Marina Village, Brighton, East Sussex, BN2 5ZE Guide £400,000Price Guide Plus + Buyer’s Premium + VAT INVESTMENT APARTMENT
Well maintained communal areas and lift access to all levels makes this property either an ideal home, student accommodation or investment for someone looking for a holiday home to let. Council Tax Band E. EPC rated B.
Description
Stunning location looking out over Brighton Marina, this fourth-floor apartment consists of two double bedrooms, an open plan living/ kitchen/ diner and an almost fully tiled white 3-piece bathroom with over bath shower. The gross internal floor space measures approx. 947 sq. ft (88 sq. m) and there is plenty storage with large cupboards and a utility room. Outside is your very own balcony where you can sit out in the nice weather and enjoy the views. This property also provides available secure parking, a secure entry phone system with key fob access and 24-hour security.
Notes EWS1 (cladding approved)
The property is subject to an Assured Shorthold Tenancy with an annual income (Please refer to the legal pack for further information).
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Judging from the nature and variety of properties and uses close by the land has significant hope value for future planning, subject to obtaining the required consents.
Location Off the B2039 towards Oakham Village Long Reach, turn onto Green Lane then turn right onto Long Reach Land, the land is opposite Spring Reach Nursery where you will see the main access and footpath on the side. You can locate the plots by using the what3words: actor.rocket.trail
Ockham is a rural and semi-rural village in the borough of Guildford in Surrey, England.
The village starts immediately east of the A3, but the lands extend to the River Wey in the west where it has a large millhouse. Ockham is between Cobham (near Leatherhead) and East Horsley (near Guildford).
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com32 0207 0789755 or 01636 558200 LOT17 Plots A95, A96, A97, A98 Long Reach, Ockham, Woking, GU23 6PG Guide Price £2000 per plot Guide Plus + Buyer’s Premium + VAT AMENITY INVESTMENT LAND Freehold Description
These 4 plots equate to a total approximately 818 sqm (STMS) these plots are being sold individually and guide priced per plot. This site offers secure access with hard standing road running all the way to the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity, animal and grazing.
Description
On offer we have 15 plots available. Each measuring approx. 200 sqm these plots can be bought either all together or per plot. Surround by further green fields this land is closely linked to the A418 road which in turn takes you to other residential areas and any necessary local amenities.
on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com 33 0207 0789755 or 01636 558200 LOT18 Plots B127-B141, Aylesbury Road, Rowsham, Aylesbury, Buckinghamshire, HP22 4RH Guide Price £1500 per plot Guide Plus + Buyer’s Premium + VAT PLOTS OF LAND / LONG TERM LAND FreeholdINVESTMENT
Location Rowsham is a hamlet in the parish of Wingrave in Buckinghamshire, England. It is south of the main village on the A418 road that links Bierton with Wing. It is in the civil parish of Wingrave with Rowsham. Aylesbury is the county town of Buckinghamshire, southeast England. It is home to the Roald Dahl Children’s Gallery and the Waterside Theatre. The town is recognised as the spiritual cradle of the Paralympic Games. It is in central Buckinghamshire, midway between High Wycombe and Milton Keynes. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com34 0207 0789755 or 01636 558200 LOT19 Plot B18 Furzen Lane, Walliswood, Dorking, Surrey, RH5 5QE Guide£4000Price
Guide Plus + Buyer’s Premium + VAT
INVESTMENT LAND Freehold Description
What3words: birdcage.corrode.sweetened Location
The land is situated 13 miles east of Crawley and 1.5 hours from London, with easy access to A24, B2126 And B2127.
This is a valuable block of agricultural and grazing land. Provides the opportunity for the buyer to purchase this plot of amenity land which could in turn by utilised for a variety of different uses. Subject to obtaining the necessary consents. This land is approximately 0.25 acres.
Walliswood is the southeast region of England within the Oakwood ward/electoral division, which is in the constituency of Mole Valley. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
The plot of land has 2 entrance gates access points the first being of Furzen Lane
There is plenty of foot traffic with the pedestrianised thoroughfare between the shops and the bus station with integral toilet accommodation.
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit (minimum £4000). Plus, in addition a buyer’s premium of 2% of the sale price, subject to a minimum of £5000 + VAT upon the exchange of contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed advised
Unit 1 is a large currently vacant unit comprising of a ground and first floor that can be split into 2 units with prominent shop frontage on the main road Lowther Street as well as leading in down the shopping centre itself. This unit measures approx. 4261 sq. ft with a potential annual income of £30,000 and service charge of £4330 p.a.
Location Earls Lane Shopping Centre is located between Lowther Street and Lonsdale Street in Carlisle city centre providing integral access between the bus station, the Lanes Shopping Centre and the prime retail core. Carlisle is located 8 miles (13 km) south of the Scottish border at the confluence of the rivers Eden, Caldew and Petteril. It is the largest settlement in the county of Cumbria.
Earls Lane Shopping Centre is a purpose-built open shopping centre comprising of 11 retail units, 3 of which are arranged as double units all built-in 1990. Each unit’s range is from 866 sq. ft to 11,254 sq. ft, including the office suite and bus station this totals approx. 41,192 sq. ft.
to check the website regularly for updates. londoncityauctions.com 35 0207 0789755 or 01636 558200 LOT20 Unit 1, Individual shop unit at Earls Lane Shopping Centre, Lowther Street, Carlisle, Cumbria, CA3 8DH Guide £150,000Price Guide Plus + Buyer’s Premium + VAT PART SHOPPING CENTRE COMMERCIAL LongINVESTMENTLeasehold (Virtual Freehold)
on our website, auction addendum and you are
How about a massive investment opportunity!
All units benefit from fully glazed floor-to-ceiling windows, brick and block walls, solid concrete floors and modern shop front finish and the units are all connected to mains electricity, water and drainage.
Remote bidding advice
A confirmed booking is required for each viewing and we do not guarantee to attend block viewings where appointments have not been confirmed by prospective buyers.
Another option for bidding is to register pre-auction and bid remotely on your computer or phone. Once you registered you will be provided with log-in details for the lot(s) you are interested in. On the day of the auction please follow the auction ‘live’ (by clicking the link form the auction page), watch the real time video and place your bids
Youavailable.cansubmit
ViewingsViewingsarrangements
Inaccordingly.allcases,if you are the successful bidder on the fall of the hammer, our team will exchange contracts on your behalf and take any deposit monies. We will call you and share the good news with you.
This means a member of our team calling you from the auction room. They will talk you through the auction proceedings, advice you what the auctioneer is asking for and bid on your behalf upon your specific instructions. You must have transferred your expected minimum deposit to us.
On auction day if you intend to bid it is vital that you send your ID and a copy of a recent utility bill & a bank statement showing your current address and dated within the last 30 days for money Laundering regulations requirements. To streamline the process you are able to register for the auction In order to do so please info@londoncityauctions.comcontact
londoncityauctions.comnote that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. 0207 0789755 or 01636 558200
Additional information for buyers is available from 0207orlondoncityauctions.comcallourofficeon0789755or01636 558200 The safety of our customers and staff is extremely important to us and we will take the necessary measures to ensure that this is kept. We understand that thousands of people continue to be affected by COVID-19 and these new restrictions will impact people’s lives in different ways. We will do all we can to ensure we can continue to operate in the safest way possible
Proxy bidding
Viewing all tenanted properties are strictly by prior confirmed appointment and will be by courtesy of the tenants at a time convenient to them. All tenants are under strict instructions not to allow unauthorised viewings and interested parties are asked to respect their privacy at all times.
Bidding on your behalf Someone close to you can bid on your behalf, if you are unable to do so. They will need your written consent and you should agree limits before bids are submitted. They will have to provide their own ID as well as yours. They must be able to pay the Deposit if they are the successful bidder. for each lot are set from our London office. Block viewing for all vacant properties will be set at specific times. Negotiators have tight schedules, so potential buyers arriving late at confirmed appointments will have limited viewing time.
36 Please
Telephone bidding
A proxy bid is when you authorise the auctioneer to bid on your behalf up to a fixed amount. You submit your proxy bidding form detailing your maximum bid for the property and the auctioneer will enter a proxy or commission bid for you in line with the bidding in the auction room up to your specific maximum amount. Please note when you submit a proxy bid the auctioneer is immediately appointed as your agent He/ she has the legal obligation to act on your behalf. Internet bidding/Mobile bidding
Prospective buyers view all lots entirely at their own risk and neither the Auctioneers, joint auctioneers or the seller take responsibility for any damage or injury, however caused.
Adapting to the current situation, and wanting everyone to be able to attend our events when possible, we have several remote bidding options a telephone bid, a proxy bid, mobile bis or internet bid. All these options are free and equally straightforward, we simply must be in receipt of your signed authorisation form in advance of the auction along with card details or your deposit should be successful. To add to this, you can also watch our auction live in the comfort of your home on Pre-registration
Location Iver is a large civil parish in Buckinghamshire, England. The parish also includes the residential neighbourhoods of Iver Heath and Richings Park. Part of the 43-square-mile Colne Valley Regional Park, with woods, lakes and land by the Grand Union Canal.
IMPORTANT
FreeholdPLANNINGINVESTMENTSTRATEGICLANDWITHPOTENTIAL
Description A massive investment opportunity to buy flat land ideal for possible development, subject to obtaining the required consents with the local council. This block is outlined in red on the plan. There are 16 plots in this block each measuring approx. 243 sqm individually that can be purchased as a whole or per plot. This land is close to a residential area with golfing clubs and local amenities, and less than a 15-minute drive away from Heathrow Airport. London Heathrow Airport, or Heathrow is the main, and busiest airport serving the United Kingdom. Heathrow is also Europe’s busiest airport for passenger traffic and handles more international passenger traffic than any other airport in the world. Close to the M25 and M4 this is an ideal investment plot for someone looking.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000+ VAT upon exchange of the contract.
updates. londoncityauctions.com 37 0207 0789755 or 01636 558200 LOT21 Block of 16, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS Guide Price £3000 per plot Guide Plus + Buyer’s Premium + VAT
LAND WITH FUTURE VALUE Freehold Description 5 rectangular shaped plots all measuring approx. 200 sqm each (STMS). The site offers secure access with hard standing road running all the way to the field containing the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity uses such as animal grazing. The land does benefit from some future hope value subject to obtaining the required consents. Location Can be accessed off Hadlow Road, Tonbridge where you will find the entrance gate directly opposite 135 Hadlow Road. Being just off A26 north of Tonbridge and just one hour by road south central London. Tonbridge is a market town in Kent, England, on the River Medway, 4 miles (6 km) north of Royal Tunbridge Wells, 12 miles (19 km) southwest of Maidstone and 29 miles (47 km) southeast of London. In the administrative borough of Tonbridge and Malling, it had an estimated population of 41,293 in 2018.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com38 0207 0789755 or 01636 558200 LOT22 Plots A252, A253, A254, A255 A256 Hadlow Road, Tonbridge, Kent, TN10 4LP Guide Price £2000 per plot Guide Plus + Buyer’s Premium + VAT STRATEGIC AGRICULTURAL
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
londoncityauctions.com 39 0207 0789755 or 01636 558200 LOT23 Car Park to the North Side of, Heather Avenue, Alexandria, G83 0TJ Guide £100,000Price Guide Plus + Buyer’s Premium + VAT CAR PARK (HeritableScottishOPPORTUNITYINVESTMENTFreeholdwithLeaseTrust)
Description On offer we have a parcel of land, currently a car park, measuring approx. 1.9 acres This(STMS).land has massive investment potentials with Loch Lomond Shopping Galleries being right across the road and future hope value with the potential of planning permission, subject to acquiring the necessary consents with the local council. As well as the massive shopping centre directly across the road there is also a swimming pool, sports fields and residential area immediately surrounding the land with all local amenities and parks in close proximity. Location Alexandria is a town in West Dunbartonshire, Scotland. The town is on the River Leven, three miles (five kilometres) north of Dumbarton and 15 mi (24 km) northwest of Glasgow. The land links on to the B857 which in turn joins on to the A811 main road. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Council Tax Band A. EPC rated C. Location Lockwood is an area of Huddersfield, in the Metropolitan Borough of Kirklees, West Yorkshire, England. It is 0.9 miles (1.4 km) to the southwest of Huddersfield Town Centre, to the west of the River Holme.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com40 0207 0789755 or 01636 558200 LOT24 Flat 28 Swan Court, Lockwood, Huddersfield, Yorkshire, HD1 3UX Guide£37,000Price Guide Plus + Buyer’s Premium + VAT
Lockwood was originally called North Crosland and part of the Crosland family estate. However, it was taken over by the Lockwood family after a series of disputes between the dynasties. Parts of the area are still known as North Crosland.
Leasehold Description Constructed between 1967 and 1975 this leasehold flat boasts 560 sq. ft of internal floor space (STMS). The property comprises of a kitchen, reception room, bathroom and one double bedroom. There is gas central heating and the property is double glazed throughout.
INVESTMENT FLAT
Villa Canada
Guide Plus + Buyer’s Premium + VAT Description Villa Fardella has recently been fully renovated. The rooms are decorated in a country-chic style. It has a huge terrace with beautiful views, a small balcony and a stunning step in pool which lights up for evening swims or relaxation. Villa Fardella has, in addition to Luz de Red, a 6000W solar energy system, 8 panels of 500W each. Therefore, the cost of electricity is very low in its annual average. It has an open plan living and kitchen and a beautiful, relaxing spa bath in the stone effect bathroom.
Another very important aspect to highlight is “The Cabin”, located within the plot but in an independent space of 2000m2, fully fenced and with its own entrance. It is used either for rent or for guests.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Felipa, Pedralba, Valencia, Spain, 46164 Guide £350,000Price
Location Pedralba is a Spanish town and municipality located in the south eastern part of the Los Serranos region, in the province of Valencia. Los Serranos is a comarca in the province of Valencia, Valencian Community, Spain. It is part of the Spanish-speaking area in the Valencian Community.
londoncityauctions.com 41 0207 0789755 or 01636 558200 LOT25
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Geographically and historically Chera (Xera) was part of this comarca. Nowadays, according to the current administrative division pattern of the Valencian Community, Chera is officially part of the Requena-Utiel comarca. Some nearby monuments are: the Parish Church, Hermitage of the Virgin of Luján, “The Turret”: a monument that stands on top of a hill, and the museum of Modern and Contemporary Art PEDRALBA 2000.
Fardella, 6
Each electrical substation is subject to a lease in favour of Eastern Electricity Plc for a tenure of 99 years from 18th November 1991 (thus having 68 years unexpired) at no rent. Location
The properties are located within the Wackerfield developments in Rendlesham – situated on the A1152 which provides direct access to the A12 and the shopping facilities of Ipswich. Woodbridge is a port and market town in the East Suffolk district of Suffolk, England. It is 8 miles (13 km) up the River Deben from the sea. It lies 7 miles (11 km) northeast of Ipswich and forms part of the wider Ipswich built-up area. It is well known for its boating harbour and tide mill, on the edge of the Suffolk Coast – a “gem in Suffolk’s crown”, it has been named the best place to live in the East of England.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
The property comprises a parcel of single storey brick built electrical sub stations, each arranged beneath a pitched roof. Included is the driveway land in front of the Pleasesubstation.lookatthe map picture to see Substation marked as Substation D for your accurate location.
Guide price includes substation and driveway land in front of substation with future hope value and until then a small potential annual income.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com42 0207 0789755 or 01636 558200 LOT26 Substation D Chestnut Close, Rendlesham, Woodbridge, Suffolk, IP12 2UW Guide£6000Price Guide Plus + Buyer’s Premium + VAT COMMERCIAL INVESTMENT / FUTURE DEVELOPMENT POTENTIAL Freehold – Subject to existing lease Description
Tenancy
our
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on website, auction addendum and you are advised to check the website regularly
for updates. londoncityauctions.com 43 0207 0789755 or 01636 558200 LOT27 Plots A106 - A109 Long Reach, Ockham, Woking, GU23 6PG Guide Price £2000 per plot Guide Plus + Buyer’s Premium + VAT AMENITY INVESTMENT LAND
These four plots measure approximately between 212 sqm and 245 sqm (STMS) each. These plots are being sold individually and guide priced per plot. This site offers secure access with hard standing road running all the way to the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity, animal and grazing. Judging from the nature and variety of properties and uses close by the land has significant hope value for future planning, subject to obtaining the required consents with the local council.
SOLD PRIOR
Location Off the B2039 towards Oakham Village Long Reach. Ockham is a rural and semi-rural village in the borough of Guildford in Surrey, England. The village starts immediately east of the A3, but the lands extend to the River Wey in the west where it has a large millhouse. Ockham is between Cobham (near Leatherhead) and East Horsley (near Guildford). Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Freehold Description
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com44 0207 0789755 or 01636 558200 LOT28 Freehold Flats 1-8, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP Guide £450,000Price Guide Plus + Buyer’s Premium + VAT INVESTMENT FLAT Freehold Freehold two floor double fronted end of terrace house arranged as 8 self-contained apartments Location Situated approximately 2.5 miles south of Huddersfield town centre and set within an established residential location between Station Lane and Bridge Street. Public transport includes Berry Bow railway station with frequent links to both Huddersfield town centre and Sheffield city centre. Shopping amenities are local with wider facilities located in the town centre. Recreation facilities can be found at Woodfield Park Sports and Social Club and the surrounding countryside. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract. Tenancies/ Accommodation Flat Floor Accommodation Tenancy AST Start Date RPM RPA 1 Ground Studio room, kitchen, shower room/WC 12 months 27/06/2020 £325 £3,900 2 Ground Reception room, bedroom, shower room/WC 12 months 27/06/2020 £375 £4,500 3 Ground Reception room, bedroom, shower room/WC 12 months 26/08/2020 £340 £4,080 4 Ground Studio room, kitchen, shower room/WC 12 months 28/06/2019 £295 £3,540 5 First Reception room, bedroom, shower room/WC 12 months 24/05/2018 £325 £3,900 6 First Reception room, bedroom, shower room/WC 12 months 14/08/2020 £375 £4,500 7 First Reception room, bedroom, shower room/WC 6 months 24/08/2010 £368.33 £4,420 8 First Reception room, bedroom, shower room/WC 12 months 30/06/2021 £375 £4,500
room,
8 First
room, bedroom,
room,
room,
room,
room/WC
m
Leasehold Location Situated approximately 2.5 miles south of Huddersfield town centre and set within an established residential location between Station Lane and Bridge Street. Public transport incudes Berry Bow railway station with frequent links to both Huddersfield town centre and Sheffield city centre. Shopping amenities are local with further wider facilities located in the town centre. Recreation facilities can be found at Woodfield Park Sports and Social Club and the surrounding countryside.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract. kitchen, shower room/WC 28 sq. m (301 sq. ft) Reception bedroom, shower room/WC 22 sq. m (355 sq. ft) £55,000 £4,500 Reception bedroom, shower room/WC 34 sq. m (366 sq. ft) £68,000 £4,080 Studio kitchen, shower 25 sq. m (269 sq. ft) £60,000 £3,540 shower 26 sq. m (280 sq. ft) £65,000 Reception shower 37 sq. m (398 sq. ft) £68,000 Reception bedroom, shower room/WC 22 sq. m (237 sq. ft) £50,000 £4,420 Reception bedroom, shower room/WC 24 sq. (255 sq. ft) £60,000 £4,500
3 Ground
£3,900 6 First
£67,000 £3,900 2 Ground
room/WC
room/WC
Flat Floor Accommodation Details Guide Price RPA 1 Ground Studio room,
£4,500 7 First
5 First Reception room, bedroom,
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com 45 0207 0789755 or 01636 558200 29-36LOT Leasehold Flats 1,2,3,4,5,6,7,8, 91 Birch Road, Huddersfield, Yorkshire, HD4 7LP Guide Price Listed in table per unit Guide Plus + Buyer’s Premium + VAT INVESTMENT FLATS
4 Ground
room,
LAND WITH FUTURE HOPE VALUE
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com46 0207 0789755 or 01636 558200 LOT37 Plots A274, A275, A276, A277, A278 Hadlow Road, Tonbridge, Kent, TN10 4LP Guide Price £2000 per plot Guide Plus + Buyer’s Premium + VAT STRATEGIC AGRICULTURAL
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
Freehold Description 5 Rectangular shaped plots all measuring approx. 200 sqm each (STMS). The site offers secure access with hard standing road running all the way to the field containing the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity uses such as animal grazing. The land does benefit from some future hope value subject to obtaining the required consents. Location Can be accessed off Hadlow Road, Tonbridge where you will find the entrance gate directly opposite 135 Hadlow Road. Being just off A26 north of Tonbridge and just one hour by road south central London. Tonbridge is a market town in Kent, England, on the River Medway, 4 miles (6 km) north of Royal Tunbridge Wells, 12 miles (19 km) southwest of Maidstone and 29 miles (47 km) southeast of London. In the administrative borough of Tonbridge and Malling, it had an estimated population of 41,293 in 2018.
Amenity land available on Long Reach, the beautiful outskirts of Ockham Village. Ideal Investment opportunity, for a number of plots of land, each approx. 212 Sqm (STMS) This site offers secure access with hard standing road running all the way to the plots. This land is flat and clear of all trees. The plots would be suitable for a variety of uses including amenity animal grazing.
for updates. londoncityauctions.com 47 0207 0789755 or 01636 558200 LOT38 Plots A327, A328, A329, Long Reach, Ockham, Woking, Surrey, GU23 6PG Guide£9000Price Guide Plus + Buyer’s Premium + VAT AMENITY INVESTMENT LAND
Location Off the B2039 towards Oakham Village towards long reach, turn onto Green Lane then turn right onto Long Reach Land, the land is opposite Spring Reach Nursery where you will see the main access gate and foot path on the What3wordsside.location: myself.slurs.quest Ockham is a rural and semi-rural village in Guildford, Surrey, England. The village starts immediately east of the A3, but the lands extend to the River Wey in the west where it has a large millhouse. Ockham is between Cobham and East Horsley.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on website, auction addendum and you are advised to check the website regularly
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Judging from the nature and variety of properties and uses close by the land has significant hope value for future planning.
Subject to obtaining the required consent.
Freehold Description
our
A Parcel of land located to the rear of these five properties providing access to rear gardens. The land can be accessed from Godalming Avenue adjacent to number 33 and continues to the rear of number 33, 35, 37 Godalming Avenue Location
ACCESS
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com48 0207 0789755 or 01636 558200 LOT39 Access Ways to the rear of 30-37 Godalming Avenue, Wallington, Surrey, SM6 8NW Guide£4000Price Guide Plus + Buyer’s Premium + VAT
Freehold Description Land and alleyways: A freehold rear alleyway giving access to the rear gardens of the properties on Godalming Avenue
WAY PROVIDING ASSET MANAGEMENT OPPORTUNITY
The land is located close all centre amenities and within walking distance to Waddon Train station. With direct access to the A23 and A232. What3words location: Wallingtonsends.barks.readerisatown in the London Borough of Sutton, in South London, England. It is 9.7 miles (15.6 km) south south-west of Charing Cross. Before the Municipal Borough of Beddington and Wallington merged into the London Borough of Sutton in Greater London in 1965, it was part of the county of Surrey. Wallington is a post town in the SM postcode area.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on website, auction addendum and you are advised to check the website regularly
our
Location Iver is a large civil parish in Buckinghamshire, England. The parish includes the residential neighbourhoods of Iver Heath and Richings PartPark.of the 43-square-mile Colne Valley Regional Park, with woods, lakes and land by the Grand Union Canal.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000+ VAT upon exchange of the contract.
Description A massive investment opportunity to buy flat land ideal for possible development, subject to obtaining the required consents with the local council. This block is outlined in red on the plan. There are 25 plots in this block each measuring approx. 243 sqm individually that can be purchased as a whole or per plot. This land is close to a residential area with golfing clubs and local amenities, and less than a 15-minute drive away from Heathrow Airport. Heathrow is the main, and busiest airport serving the United Kingdom and is also Europe’s busiest airport for passenger traffic – handling more international passenger traffic than any other airport in the world. Close to the M25 and M4 this is an ideal investment plot for someone looking.
for updates. londoncityauctions.com 49 0207 0789755 or 01636 558200 LOT40 Block of 25, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS Guide Price £3000 per plot Guide Plus + Buyer’s Premium + VAT IMPORTANT FreeholdPLANNINGINVESTMENTSTRATEGICLANDWITHPOTENTIAL
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com50 0207 0789755 or 01636 558200 LOT41 Potential Development Land to the rear of 82-94 Green Lane, London, SE9 2AP Guide £250,000Price Guide Plus + Buyer’s Premium + VAT POTENTIAL DEVELOPMENT LAND TO THE REAR OF A BLOCK OF FreeholdFLATS Description
A large plot of land is now available at the rear of 82-94 Green Lane, London, which is easily accessed from the main road between two properties. With future hope value, potential planning permission on this land is subject to the required consents. Measuring approx. 0.34 acres (STMS). Location The land is conveniently located near Mottingham Train station and New Eltham Train station, which is around 1.8 miles away, as well as a local car garage, shopping and other local amenities. Greenwich is a town in southeast London, England, located in the historic county of Kent and the ceremonial county of Greater London. It is situated 5.5 miles (8.9 km) east-southeast of Charing Cross. Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit (subject to a minimum of £4,000). Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
There is no service charge and no ground rent payable on this property. There are two good sized bedrooms, a living room, fitted kitchen and a bright, fresh, modern bathroom. EPC rated D with the possibility of achieving a C rating. Council Tax Band A.
GeneratingtenancyLeaseholdOPPORTUNITYINVESTMENT-subjecttoa£4430.40P.A.
RESIDENTIAL
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
updates. londoncityauctions.com 51 0207 0789755 or 01636 558200 LOT42 727 Manchester Road, Linthwaite, Huddersfield, HD7 5RT Guide£40,000Price
Guide Plus + Buyer’s Premium VAT
Location This property is on the A62 main road and is close to stores, garages, take-aways and other Huddersfieldamenities.isa large market town in the Metropolitan Borough of Kirklees, West Yorkshire, England. Huddersfield was a prominent mill town in the industrial revolution. To the town’s west are the Pennines, south is the River Holme’s discharge into the similar-sized Colne. The town’s historic county is the West Riding of Yorkshire.
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Description A good investment opportunity for someone with this ground floor flat. The building was constructed between 1900 and 1929 and has 635 sq. ft of internal floor space (STMS).
Guide Plus + Buyer’s Premium + VAT
The plot of land has 2 entrance gates access points the first being of Furzen Lane (the pinpoint)
This is a valuable block of agricultural and grazing Land. Provides the opportunity for the buyer to purchase this plot of amenity land which could in turn by utilised for a variety of different uses. Subject to obtaining the necessary consents. This plot is approximately 0.25 acres (STMS). What3words for the plot is: compress.puppy. recliner Location
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com52 0207 0789755 or 01636 558200 LOT43 Plot F7 Furzen Lane, Walliswood, Dorking, Surrey, RH5 5QE Guide£4000Price
The land is situated 13 miles east of Crawley and 1.5 hours from London, with easy access to A24, B2126 And B2127. Walliswood is the southeast region of England within the Oakwood ward/electoral division, which is in the constituency of Mole Valley. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
INVESTMENT LAND Freehold Description
On offer we have this great investment opportunity in Hartlepool. This end terraced property consists of a ground floor retail unit which currently has a lease attached with almost six years remaining and is currently achieving a rental income of £500 PCM to be reviewed on the 1st May 2023 and expiring on 31st April 2028. This retail unit is currently a Barber IncludedShop.inthis purchase is the first-floor accommodation consisting of one reception room, two good size bedrooms and a bathroom. There is a private rear garden to be shared/accessed by the leaseholder of the shop. This flat is held on an AST for twelve months from 14th April 2022 achieving £375 PCM. This creates a total annual income of £10,500. Total size of property equates to approx. 1754.52 Sq. Ft. Council Tax Band A. EPC rated D for both retail unit and accommodation.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com 53 0207 0789755 or 01636 558200 LOT44 66 Middle Street, Blackhall Colliery, Hartlepool, TS27 4EA Guide£80,000Price Guide Plus + Buyer’s Premium + VAT MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT OPPORTUNITY Freehold Description
NB: There are currently no viewings available for this property. Location Blackhall Colliery is a village on the North Sea coast of County Durham, in England. It is situated on the A1086 between Horden and Hartlepool. To the south of the Blackhall Colliery’s Catholic church is Blackhall Rocks. This property has all necessary amenities nearby including supermarkets, coffee shop, and local shops. There are primary and secondary schools rated good to excellent within a 5-mile radius making this property ideal for families as well as investors. Hartlepool is a large port town in County Durham, North East England. The town is located 32 miles (51 km) southeast of Newcastle upon Tyne, 17 miles (27 km) south-east of Durham, 20 miles (32 km) southeast of Sunderland.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Description
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com54 0207 0789755 or 01636 558200 LOT45 2 Adjoining Riverside Plots, Hadlow Road, Tonbridge, Kent, TN10 4LP Guide£85,000Price Guide Plus + Buyer’s Premium + VAT STRATEGIC AGRICULTURAL LAND WITH FUTURE FreeholdVALUE
How peaceful and relaxing is it to sit by the river enjoying some fishing or having a picnic, whether alone or with friends these plots are the ideal investment for someone to either rent out to fisherman or to enjoy yourselves for a variety of uses. Not only for fishing you could also moor up your boat and enjoy some leisure time on your plots in this spacious field. If travelling by car or foot right of access is always granted to all plot owners. Rectangular shaped plots approx. 200sqm each (STMS).
Location Can be accessed off Hadlow Road, Tonbridge where you will find the entrance gate directly opposite 135 Hadlow Road. Just off A26 north of Tonbridge and one hour by road south central London. Tonbridge is a market town in Kent, England, on the River Medway, 4 miles (6 km) north of Royal Tunbridge Wells, 12 miles (19 km) southwest of Maidstone and 29 miles (47 km) southeast of London. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
This site offers secure access with hard standing and road running all the way to the field containing the plots. This land is flat and clear of all trees except around some of the edges, the plots would be suitable for a variety of uses including amenity uses such at animal grazing. The land does benefit some future hope value subject to obtaining the request consents.
londoncityauctions.com 55 0207 0789755 or 01636 558200 LOT46 19 Appleton Road, Stockton-on-Tees, TS19 0HZ Guide£95,000Price
This property has had an extension built on and now consists of two reception rooms (one with front facing bay window), a fully fitted kitchen with a range of wall and base units, bathroom and four good sized bedrooms.
RESIDENTIAL INVESTMENT OPPORTUNITY
This property is a spacious, freehold, semi-detached house constructed between 1930 and 1949. Located in Stockton this property is close to shops, schools and has good transport links including bus routes and railway stations and is ideal as a new family home or an investment as buy to let.
Externally you have your own driveway and front garden as well as a private rear garden which is fully patioed. Currently let this property is achieving £6000 P.A. Council Tax Band B. EPC rated E with the potential of achieving a C rating. Location Located in the North East of England at the heart of the Tees Valley, Stockton is a market town in the borough of Stockton-on-Tees, County Durham, England. It is between the towns of Darlington, Hartlepool and Middlesbrough, to the west, northeast and east respectively. It is a diverse and vibrant place that offers a great standard of living. As well as being a safe place to live Stockton-on-Tees is affordable with a great sense of community, beautiful surroundings and lots of things to do. All necessary local amenities close by making it a great place to raise a family.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Guide Plus + Buyer’s Premium + VAT
Freehold Description
Location Close to the B218 this property is surrounded by plenty of local amenities including, within a 5-mile radius, a variety of coffee shops, restaurants, bars, doctors’ surgery, bus routes and close to a railway station. There are schools also within this area rated outstanding for both primary and secondary age children.
Leasehold From 2 April 2001 to September
2111
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Description
Please
or not to bid.
and including
charges and fees additional
on
price
the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com56 0207 0789755 or 01636 558200 LOT47 Flat 14 Kentwell Close, Turnham Road, London, SE4 2QN Guide £250,000Price Guide Plus + Buyer’s Premium + VAT INVESTMENT FLAT
particular of
note that there may
7
day
Please note this is the leasehold that we are selling not including the freehold.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please be to sale payable by the successful buyer in respect of Lot. check and read the Special conditions of Sales, in the Sale deciding whether Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to the of
the
the
and any addendum for the Lot before
This 1 bedroom, third floor in Lewisham London is the ideal investment for any buyer or starter home for someone looking. Renovated to a high standard this beautiful flat comprises of a minimalistic and modern living/dining room, a bright and fresh modern kitchen, a double bedroom and a stunning, tiled throughout bathroom separated over 463 square feet of internal floor space.
Currently tenanted until April 2022 this property achieves an annual rental income of £14,400 P.A. with a service charge of approx. £80 PCM. This property has a lease with approx. 107-110 remaining and has peppercorn ground rent meaning effectively the leaseholder pays zero ground rent. Council Tax Band A. EPC rated D with the possibility of achieving a C rating.
These are ideal investment opportunities to buy plots of land. The plots offer the purchaser an opportunity to utilise the land themselves. Plots that have been previously purchased have been used for allotments, recreational use and others have purchased the land with a longer future use of gaining planning consent on the land. There are 15 plots in this strip which can be purchased as a whole or per plot. Each plot is approximately 200 square metres per plot (STMS). Plots for sale in this lot are the smaller strip outlined in red.
on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com 57 0207 0789755 or 01636 558200 LOT48 Plots B142-B156, Aylesbury Road, Rowsham, Aylesbury, Buckinghamshire, HP22 4RH Guide Price £1500 per plot Guide Plus + Buyer’s Premium + VAT PLOTS OF LAND / LONG TERM LAND FreeholdINVESTMENT
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Description
Location Wingrave lies to the northeast of the centre of Aylesbury and southwest of Leighton Buzzard. The village provides local shopping facilities and is well located off the A418. With a wealth of high-quality local services close by. Aylesbury is the county town of Buckinghamshire, southeast England. It is home to the Roald Dahl Children’s Gallery and the Waterside Theatre. It is in central Buckinghamshire, midway between High Wycombe and Milton Keynes.
SOLD PRIOR
Location The site can be accessed off Hadlow road Tonbridge opposite house 135. Being just off the A26 north of Tonbridge and just one hour by road south of central London. Tonbridge is a market town in Kent, England, on the River Medway, 4 miles (6 km) north of Royal Tunbridge Wells, 12 miles (19 km) southwest of Maidstone and 29 miles (47 km) southeast of London. In the administrative borough of Tonbridge and Malling, it had an estimated population of 41,293 in 2018.
STRATEGIC AGRICULTURAL LAND WITH FUTURE VALUE
This site offers secure access with hard standing and road running all the way to the field containing the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity uses such at animal grazing. The land does benefit some future hope value subject to obtaining the request consents.
Freehold Description
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com58 0207 0789755 or 01636 558200 LOT49 Plots B175 and B176 Hadlow Road, Tonbridge, Kent, TN10 4LP Guide Price £2000 per plot Guide Plus + Buyer’s Premium + VAT
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
+ Buyer’s
LAND WITH DEVELOPMENT POTENTIAL FOR THE FUTURE Freehold Description On offer we have a large plot of land containing 16 plots in total, to be purchased all together or can be sold per plot. This land is a great investment opportunity with potential planning permission, subject to obtaining the required consents with the local council, or someone looking for land for their horses or other recreational uses.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. Plus Premium
londoncityauctions.com 59 0207 0789755 or 01636 558200 LOT50 16 Plots at Beech Farm Road, Warlingham, Surrey, CR6 9QG Guide Price £2500 per plot Guide
Location Surrounded by beautiful greenery with occasional property scattered nearby. Beech Farm Road links to the B269 providing access to a more established residential area with all local amenities. This road links to the A22 providing access to stations and other Warlinghamlocations.isa village in the Tandridge district of Surrey, England, 14.2 miles (22.9 km) south of the centre of London and 22.3 miles (35.9 km) east of the county town, Guildford. Warlingham is the centre of a civil parish that includes Hamsey Green, to the north. Caterham is the nearest town, 2.0 miles (3.2 km) to the southwest.
+ VAT
If purchased as a whole block this land measures approx. one acre (STMS) but separately each plot measures approx. 250278 sqm each (STMS).
Guide Plus + Buyer’s Premium + VAT Freehold –opportunityInvestment Description
Location Yorkshire, formally known as the County of York, is a historic county of Northern England and the largest in the United Kingdom. Because of its great size in comparison with other English counties, functions have been undertaken over time by its subdivisions, which have also been subject to periodic reform. Throughout these changes, Yorkshire has continued to be recognised as a geographic territory and cultural region. The name is familiar and well understood across the United Kingdom and is in common use in the media and the military, and also features in the titles of current areas of civil administration such as North Yorkshire, South Yorkshire, West Yorkshire and the East Riding of Yorkshire.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com60 0207 0789755 or 01636 558200 LOT51 Flat 48 Hanson Lane, Huddersfield, Yorkshire, HD1 3UW Guide£38,000Price
Council Tax Band A. EPC rated D with the possibility of achieving a C rating.
This property was built between 1900 and 1929. It has a small front garden outside. Inside the property has a good size lounge and a fitted kitchen with hob and oven. There is a three-piece modern white bathroom suite, and in the bedroom there is an open fire which could easily be used as a statement piece. This property is an ideal buy for a first-time buyer or investor.
IMPORTANT
FreeholdPLANNINGINVESTMENTSTRATEGICLANDWITHPOTENTIAL
Description A massive investment opportunity to buy flat land ideal for possible development, subject to obtaining the required consents with the local council. This block is outlined in red on the plan. There are 36 plots in this block each measuring approx. 243 sqm individually that can be purchased as a whole or per plot. This land is close to a residential area with golfing clubs and local amenities, and less than a 15-minute drive away from Heathrow Airport. London Heathrow Airport, or Heathrow is the main, and busiest airport serving the United Kingdom. Heathrow is also Europe’s busiest airport for passenger traffic and handles more international passenger traffic than any other airport in the world. Close to the M25 and M4 this is an ideal investment plot for someone looking. Location Iver is a large civil parish in Buckinghamshire, England. The parish includes the residential neighbourhoods of Iver Heath and Richings PartPark.of the 43-square-mile Colne Valley Regional Park, with woods, lakes and land by the Grand Union Canal.
londoncityauctions.com 61 0207 0789755 or 01636 558200 LOT52 Block of 36, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS Guide Price £3000 per plot Guide Plus + Buyer’s Premium + VAT
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Judging from the nature and variety of properties and uses close by the land has significant hope value for future planning, subject to obtaining the required consents with the local council.
SOLD PRIOR
These plots measure approximately 212 sqm (STMS) each and are being sold individually and guide priced per plot. This site offers secure access with hard standing road running all the way to the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity, animal and grazing.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com62 0207 0789755 or 01636 558200 LOT53 Plots A378-A382 Long Reach, Ockham, Woking, Surrey, GU23 6PG Guide Price £2000 per plot Guide Plus + Buyer’s Premium + VAT AMENITY INVESTMENT LAND Freehold Description
Location Off the B2039 towards Oakham Village Long Reach. Ockham is a rural and semi-rural village in the borough of Guildford in Surrey, England. The village starts immediately east of the A3, but the lands extend to the River Wey in the west where it has a large millhouse. Ockham is between Cobham (near Leatherhead) and East Horsley (near Guildford). Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Guide Plus
+ Buyer’s Premium + VAT
FreeholdPLANNINGINVESTMENTSTRATEGICLANDWITHPOTENTIAL
IMPORTANT
Description A massive investment opportunity to buy flat land ideal for possible development, subject to obtaining the required consents with the local council. This block is outlined in red on the plan. There are 13 plots in this block each measuring approx. 243 sqm individually that can be purchased as a whole or per plot. This land is close to a residential area with golfing clubs and local amenities, and less than a 15-minute drive away from Heathrow Airport. London Heathrow Airport, or Heathrow is the main, and busiest airport serving the United Kingdom. Heathrow is also Europe’s busiest airport for passenger traffic and handles more international passenger traffic than any other airport in the world. Close to the M25 and M4 this is an ideal investment plot for someone looking.
Location Iver is a large civil parish in Buckinghamshire, England.The parish includes the residential neighbourhoods of Iver Heath and Richings PartPark.of the 43-square-mile Colne Valley Regional Park, with woods, lakes and land by the Grand Union Canal.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
londoncityauctions.com 63 0207 0789755 or 01636 558200 LOT54 North Block of 13, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS Guide Price £3000 per plot
Earls Lane Shopping Centre is a purpose-built open shopping centre comprising of 11 retail units, 3 of which are arranged as double units all built in 1990. Each unit’s range is from 866 sq. Ft to 11,254 sq. ft, including the office suite and bus station this totals approx. 41,192 sq. ft. There is plenty of foot traffic with the pedestrianised thoroughfare between the shops and the bus station with integral toilet accommodation. All units benefit from fully glazed floor-to-ceiling windows, brick and block walls, solid concrete floors and modern shop front finish and the units are all connected to mains electricity, water and drainage.
Location Earls Lane Shopping Centre is located between Lowther Street and Lonsdale Street in Carlisle city centre providing integral access between the bus station, the Lanes Shopping Centre and the prime retail core. Carlisle is located 8 miles (13 km) south of the Scottish border at the confluence of the rivers Eden, Caldew and Petteril. It is the largest settlement in the county of Cumbria and serves as the administrative centre for both Carlisle City Council and Cumbria County Council. Carlisle is also in the historic county of Cumberland. At the time of the 2001 census, the population of Carlisle was 71,773, with 100,734 living in the wider city. Ten years later, at the 2011 census, the city’s population had risen to 75,306, with 107,524 in the wider city.
Unit 2 is a single unit currently let by War Hammer Games leading in down the shopping centre itself. Measuring approx. 1208 sq. ft with a potential annual income of around £14,500 and service charge of approx. £800-£1000 p.a.
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit (minimum £4000). Plus, in addition a buyer’s premium of 2% of the sale price, subject to a minimum of £5000 + VAT upon the exchange of contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com64 0207 0789755 or 01636 558200 LOT55 Unit 2, Individual shop at Earls Lane Shopping Centre Earls Lane, Lowther Road, Carlisle, Cumbria, CA3 8DG Guide £120,000Price Guide Plus + Buyer’s Premium + VAT PART SHOPPING CENTRE COMMERCIAL INVESTMENT
How about a massive investment opportunity!
londoncityauctions.com 65Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.0207 0789755 or 01636 558200 NATIONAL LAND AND PROPERTY AUCTIONS PRIVATE TREATY SALES 01636AVAILABLE558200 e info@nalcgroup.co.uknalcauctions.com
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com66 0207 0789755 or 01636 558200 LOT56 Faiths Farm, Delph Lane, Claughton-On-Brock, Preston, PR3 1UP Guide £350,000+Price Guide Plus + Buyer’s Premium + VAT LEISURE FreeholdOPPORTUNITYDEVELOPMENT
Claughton is a sparse village and civil parish in the county of Lancashire in the north of England, located within the Borough of Wyre. It is sometimes called Claughton-on-Brock to distinguish it from another Claughton in Lancashire in the Lune valley between Lancaster and Hornby.
This incredible leisure development site offers a wealth and variety of opportunities to someone who has the vision and dedication to develop this site to its full potential. The site sits proudly upon circa 17 acres (STMS) of land at Faiths Farm. Currently including approximately 9 acres (STMS) of agricultural land to the northern boundary. This plot has the potential to be a leisure development that could offer caravan pitches, and an opportunity to develop to include lodges, glamping pods and yurts. This would be ideal for around the lake or leisure-based accommodation (subject to obtaining the required planning consents).
Description
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
What3words location: outfitter.avoiding.uncle Location The property is located 10 minutes east of A6 Preston / Lancaster Road from New Lane and Duckett’s Lane. Being just 24 west of Blackpool and 12 miles north of Preston with links to the M6 and M62.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Leasehold – currently achieving approx. £5100 P.A Description A beautiful looking building from the outside known as ‘The Mansion House’. On offer we have a ground floor spacious flat. With an open plan living/ kitchen measuring approx. 6.15m X 5.26m there is a fully fitted kitchen with both base and wall units, a four-ring hob and oven with extractor fan and a tiled splash back.
The bathroom has a white three-piece suite with overhead shower and glass screen door and there is a double sized bedroom. In the entrance hall there is a phone entry system, and the property has gas central heating and is double glazed Councilthroughout.TaxBandA.
EPC rated D with the possibility of achieving a C rating. Note
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com 67 0207 0789755 or 01636 558200 LOT57 Apartment 18, The Mansion House, Redwing Crescent, Longwood, Huddersfield, HD3 4RL Guide£30,000Price Guide Plus + Buyer’s Premium + VAT RESIDENTIAL INVESTMENT OPPORTUNITY
The property has not been internally inspected by the auctioneer prior to going to print. Details provided are from the vendor/agent. Please check the legal pack for further information. Location This property is close to bus routes and has all necessary local amenities close by. Huddersfield is a large market town in the Metropolitan Borough of Kirklees, West Yorkshire, England. Huddersfield was a prominent mill town in the industrial revolution. To the town’s west are the Pennines, south is the River Holme’s discharge into the similar-sized Colne. The town’s historic county is the West Riding of Yorkshire.
Freehold Description Ideal Investment to buy 3 plots of land approx. 267 sq. metres per plot (STMS) these plots are being sold individually and guide priced per plot. The plots of amenity land at Ledgers Road are framed by Ledgers Wood and Nore Hill Pinnacle. The land is ideally situated on the outskirts of Chelsham and represents an opportunity for the new owners to use the land for variety of amenity land uses at any What3words:time.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com68 0207 0789755 or 01636 558200 LOT58 Plots D89-D91, Ledgers Road, Warlingham, Surrey, CR6 9QA Guide Price £2000 per plot
feels.poem.tells Location Ledgers Road in Warlingham is in the southeast region of England within the Warlingham East and Chesham and Farleigh. These plots of land are situated of Ledgers Road with direct access off, the plots of land also benefit a secondary access point off crossroads between Common Road and Church Lane. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Guide Plus + Buyer’s Premium + VAT
londoncityauctions.com 69 0207 0789755 or 01636 558200 LOT59 126 Cross Lane, Primrose Hill, Huddersfield, Yorkshire, HD4 6DW Guide£50,000Price
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
LeaseholdOPPORTUNITYINVESTMENT
This property was constructed between 1900 and 1929 and has a front garden. There is a good size reception and a fitted Thekitchen.property has a family bathroom and two good size bedrooms. This is a great buy for a first-time buyer or investor looking for buy to Councillet.Tax Band A. EPC rated C with the possibility of achieving a B rating.
Location Huddersfield is a large market town in the Metropolitan Borough of Kirklees, West Yorkshire, England. Huddersfield was a prominent mill town in the industrial revolution. To the town’s west are the Pennines, south is the River Holme’s discharge into the similar-sized Colne. The town’s historic county is the West Riding of Yorkshire. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Buyer’s
Description
Guide Plus + Premium
+ VAT
RESIDENTIAL
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
Location These plots of land are located on part of Wingrave Cross Community and lie off the east side of Aylesbury Road. With local shopping facilities nearby, but more comprehensive services may be found and located within Leighton Buzzard together with a range of recreational pursuits. Aylesbury is the county town of Buckinghamshire, southeast England. It is home to the Roald Dahl Children’s Gallery and the Waterside Theatre. The town is recognised as the spiritual cradle of the Paralympic Games. It is in central Buckinghamshire, midway between High Wycombe and Milton Keynes.
Description This plot for sale offers the purchaser an opportunity to utilise the land themselves with some imagination. Measuring approx. 0.4 acres (STMS), plots that have been previously purchased on this land have been used for allotments, grazing and recreational uses. Others that have purchased plots on this land have done so with a future investment use of gaining planning consent on the land, subject to obtaining the required consents.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com70 0207 0789755 or 01636 558200 LOT60 Plot A4 Aylesbury Road, Rowsham, Aylesbury, Buckinghamshire, HP22 4RH Guide£3000Price Guide Plus + Buyer’s Premium + VAT PLOTS OF LAND / LONG TERM LAND FreeholdINVESTMENT
INVESTMENT FLAT
EPC Rated C. Council Tax Band B. Location Harrington Court can be found on Altyre Road just off George Street and less than 100 metres from East Croydon’s mainline station with its regular 15 minute service to London Bridge, Victoria and Gatwick as well as tram services. Box Park and Croydon Town Centre is also within easy walking distance.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
londoncityauctions.com 71 0207 0789755 or 01636 558200 LOT61
Flat
13, Harrington Court, Altyre Road, Croydon, London, CR0 5LE Guide £240,000Price
Croydon is a large town in south London, England that gives its name to the London Borough of Croydon. It is one of the largest commercial districts in Greater London, with an extensive shopping district and night-time economy. The entire town had a population of 192,064 as of 2011, whilst the wider borough had a population of 384,837. It is 9.4 miles (15.1 km) south of Charing Cross.
Comprising of one large reception room, fitted kitchen with hob, one good sized bedroom and a fully tiled bathroom with WC. This property has gas central heating and is double glazed throughout.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Leasehold – vacant possession upon completion Description Presenting this one bedroom spacious apartment in Croydon. Constructed between 1950 and 1966 this flat boast 471 sq. ft of internal floor space and it situated on the second floor of this 5-storey building.
Guide Plus + Buyer’s Premium + VAT
Land
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com72 0207 0789755 or 01636 558200 LOT62
The apartment types will in our opinion appeal to a wide audience from first time buyers through to investors.
Location This land situated upon the junction of Petford street and Peartree Lane in the Cradley Heath area, this area has plenty of local amenities including Redall primary school, Ormiston forge academy, Haden Hill Park, shops, pubs and restaurants.
Buyer’s
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Birmingham is half an hour’s drive away via Hagley Road West. Old Hill railway station is less than a mile from Petford Street which links to Birmingham new street station.
Guide Plus + Premium VAT
Planning Consent: The site has approval Sandwell DC/17/60896 for a residential development of 31 apartments with parking.
at Peartree Lane, Cradley Heath, West Midlands, B64 6EH Guide £500,000Price
DEVELOPMENT LAND WITH PREVIOUS PLANNING FOR 31 FreeholdUNITS
Description Pear tree Lane sits on a plot of 0.37 acres. The site has outline planning consent for 31 Apartments with Parking.
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to check the website regularly for updates. londoncityauctions.com 73 0207 0789755 or 01636 558200 LOT63 Unit 3, Individual shop unit at Earls Lane Shopping Centre Earls Lane, Lowther Street, Carlisle, Cumbria, CA3 8DG Guide £150,000Price Guide Plus + Buyer’s Premium + VAT PART SHOPPING CENTRE COMMERCIAL INVESTMENT
Location Earls Lane Shopping Centre is located between Lowther Street and Lonsdale Street in Carlisle city centre providing integral access between the bus station, the Lanes Shopping Centre and the prime retail core. Carlisle is located 8 miles (13 km) south of the Scottish border at the confluence of the rivers Eden, Caldew and Petteril. It is the largest settlement in the county of Cumbrial.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
All units benefit from fully glazed floor-to-ceiling windows, brick and block walls, solid concrete floors and modern shop front finish and the units are all connected to mains electricity, water and drainage.
Long Leasehold (Virtual Freehold) Unit 3 is a single unit currently let by a charity shop called Penny Jones Animal Hospice. Measuring approx. 1267 sq. ft with a potential annual income of around £13,500 and service charge of approx. £800£1000 p.a.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on advised
Earls Lane Shopping Centre is a purpose-built open shopping centre comprising of 11 retail units, 3 of which are arranged as double units all built in 1990. Each unit’s range is from 866 sq. Ft to 11,254 sq. ft, including the office suite and bus station this totals approx. 41,192 sq. ft. There is plenty of foot traffic with the pedestrianised thoroughfare between the shops and the bus station with integral toilet accommodation.
our website, auction addendum and you are
Location Located in the northeast of England at the heart of the Tees Valley, Stockton is a market town in the borough of Stocktonon-Tees, County Durham, England. It is between the towns of Darlington, Hartlepool and Middlesbrough, to the west, northeast and east respectively. It is a diverse and vibrant place that offers a great standard of living. As well as being a safe place to live Stockton-on-Tees is affordable with a great sense of community, beautiful surroundings and lots of things to do. All necessary local amenities close by making it a great place to raise a family.
RESIDENTIAL INVESTMENT OPPORTUNITY
This freehold terraced house was constructed between 1900 and 1929 has approx. 1173 sq. ft of internal floor space including two extensions. To the ground floor there is a hall with double glazed entrance door and laminate flooring. The reception room has windows to the front and rear of the property. The kitchen has a range of units, laminate worktops and a stainless-steel sink unit. To the first floor there are three bedrooms, bedroom three is a restricted headroom with a “Velux” window. The bathroom comprises of a white bathroom suite with WC, wash basin and panelled bathtub. There is double glazing throughout, on street parking available and a small rear yard. Currently tenanted with a monthly income of £420 for the next 3 Councilyears.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com74 0207 0789755 or 01636 558200 LOT64 44 Tarring Street, Stockton-On-Tees, TS18 1HJ Guide£45,000Price Guide Plus + Buyer’s Premium + VAT
Tax Band A. EPC rated D with the possibility of achieving a B rating.
Freehold – subject to Description
tenancy
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Ideal investment to buy plots of land each approx. 250sqm. The plots of amenity land at Ledgers Road are framed by Ledgers Wood and Nore Hill Pinnacle. The land is ideally situated on the outskirts of Chelsham and represents an opportunity for the new owners to use the land for a variety of amenity uses at any
londoncityauctions.com 75 0207 0789755 or 01636 558200 LOT65 Plots D15, D16, D17, D18, Ledgers Road, Warlingham, Surrey, CR6 9QA Guide Price £2000 per plot
Freehold Description
Guide Plus + Buyer’s Premium + VAT
rise.washed.slurs Location These plots of land are situated off Ledgers Road with direct access. The plots of land also benefit from a secondary access point off the crossroads between Common Road and Church Lane. Easy access to the B269, A221 and B2024. Approximately 1 hour from LedgersLondon. Road in Warlingham is in the southeast region of England within the Warlingham East and Chelsham area.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
What3words:time.
A great investment opportunity to acquire this spacious commercial building in a charming town Dumbarton, Scotland. The building was previously opened as a Bingo Hall in 1994 and closed in 2020. It has since undergone a complete reconstruction. This large building would be ideal for a wide range of uses including restaurants and for children’s play areas. With so much internal and external space the possibilities for this building are endless, subject to obtaining any required consents from the local council.
Location Dunbartonshire is a historic county, lieutenancy area and registration county in the west central Lowlands of Scotland.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Dumbarton is a charming town on the River Clyde, west of Glasgow 13miles (21km) where you will find Dumbarton Castle which has the longest recorded history of any stronghold in Scotland. It sits on a plug of volcanic basalt known as Dumbarton Rock, dating back 334 million years which, it is 240 feet high and overlooks the Scottish town of Dumbarton.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com76 0207 0789755 or 01636 558200 LOT66 Carlton Bingo, College Street, Dumbarton, G82 1NJ Guide £325,000Price Guide Plus + Buyer’s Premium + VAT VACANT Freehold)HeritablePOTENTIALPREMISESCOMMERCIALWITHDEVELOPMENTTrust(Scottish
Description
Freehold
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
STRATEGIC AGRICULTURAL LAND WITH FUTURE VALUE
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. Plus Premium VAT
londoncityauctions.com 77 0207 0789755 or 01636 558200 LOT67 Plots B368 and B369 Hadlow Road, Tonbridge, Kent, TN10 4LP Guide£2500Price Guide
+ Buyer’s
Description
Location The site can be accessed off Hadlow Road Tonbridge opposite house 135. Being just off the A26 north of Tonbridge and just one hour by road south of central London. Tonbridge is a market town in Kent, England, on the River Medway, 4 miles (6 km) north of Royal Tunbridge Wells, 12 miles (19 km) southwest of Maidstone and 29 miles (47 km) southeast of London. In the administrative borough of Tonbridge and Malling, it had an estimated population of 41,293 in 2018.
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This site offers secure access with hard standing and road running all the way to the field containing the plots. This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity uses such at animal grazing. The land does benefit some future hope value subject to obtaining the request consents.
Earls Lane Shopping Centre is a purpose-built open shopping centre comprising of 11 retail units, 3 of which are arranged as double units all built-in 1990. Each unit’s range is from 866 sq. Ft to 11,254 sq. ft, including the office suite and bus station this totals approx. 41,192 sq. ft. There is plenty of foot traffic with the pedestrianised thoroughfare between the shops and the bus station with integral toilet accommodation.
All units benefit from fully glazed floor-to-ceiling windows, brick and block walls, solid concrete floors and modern shop front finish and the units are all connected to mains electricity, water and drainage.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Earls Lane Shopping Centre is located between Lowther Street and Lonsdale Street in Carlisle city centre providing integral access between the bus station, the Lanes Shopping Centre and the prime retail core. Carlisle is located 8 miles (13 km) south of the Scottish border at the confluence of the rivers Eden, Caldew and Petteril. It is the largest settlement in the county of Cumbria.
Unit 14 is currently a bus station let by a wellestablished business, Stagecoach. This unit leads out onto the main road as well as being an integral part of the shopping centre itself. This unit measures approx. 1890 sq. ft (STMS) and has a potential annual income of around £42,600.
Location
How about a massive investment opportunity!
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com78 0207 0789755 or 01636 558200 LOT68 Unit 14, Bus Station at Earls Lane Shopping Centre, Earls Lane, Carlisle, Cumbria, CA3 8DG Guide £150,000Price Guide Plus + Buyer’s Premium + VAT PART SHOPPING CENTRE COMMERCIAL INVESTMENT
Description This leasehold flat is situated on the first floor. There is an entrance hall and the lounge measures approx. 5.13m X 3.91m. There is a fitted kitchen with base and wall units, a hob and oven and an extractor.
To the first floor there is a bedroom measuring approx. 4.55m X 2.49m and an occasional room measuring approx. 3.53m X 2.69m, the occasional room has fitted storage. The bathroom is a three-piece whit suite with overhead shower and there is gas central heating, and the property is double glazed throughout. You have your own allotted parking space. Council Tax Band A. EPC rated D with the potential of achieving a C rating.
achievingLeaseholdOPPORTUNITYINVESTMENT–currentlyapprox.£5100P.A
on our website, auction addendum and you are
Location Huddersfield is a large market town in the Metropolitan Borough of Kirklees, West Yorkshire, England. Huddersfield was a prominent mill town in the industrial revolution. To the town’s west are the Pennines, south is the River Holme’s discharge into the similar-sized Colne. The town’s historic county is the West Riding of Yorkshire. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
RESIDENTIAL
to check the website regularly for updates. londoncityauctions.com 79 0207 0789755 or 01636 558200 LOT69 Apartment 24, The Mansion House, Redwing Crescent, Longwood, Huddersfield, HD3 4RL Guide£30,000Price Guide Plus + Buyer’s Premium + VAT
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed advised
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com80 0207 0789755 or 01636 558200 LOT70 Plot C38, Dundry Lane, Dundry, Bristol, BS41 8JQ Guide£3000Price Guide Plus + Buyer’s Premium + VAT PONY PADDOCK / AMENITY LAND
Freehold Description
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Location Dundry is a village and civil parish, situated on Dundry Hill in the northern part of the Mendip Hills, between Bristol and the Chew Valley Lake, in the English county of Somerset. The parish includes the hamlets of Maiden Head and East Dundry. The parish had a 2011 population of 829. The village lies on the route of the Monarch’s Way long-distance footpath. It is a popular destination for the people of Bristol as it is known for its panoramic views of the city. Bristol is a city, ceremonial county and unitary authority in England. Situated on the River Avon, it is bordered by the ceremonial counties of Gloucestershire to the north and Somerset to the south. Bristol is the most populous city in southwest England. The wider Bristol built-up area is the eleventh most populous urban area in the United Kingdom.
An opportunity to buy plot of land C38 measuring approx. 0.2 acres (STMS) in Dundry, ThisBristol.plot of flat land is an ideal investment opportunity with local surrounding plots being used as allotments and amenity land. Some uses for this land have been started in various forms giving rise to the thought of future development potential, subject to obtaining the required consents from the local council.
Location Dundry is a village and civil parish, situated on Dundry Hill in the northern part of the Mendip Hills, between Bristol and the Chew Valley Lake, in the English county of Somerset. The parish includes the hamlets of Maiden Head and East Dundry. The parish had a 2011 population of 829. The village lies on the route of the Monarch’s Way long-distance footpath. It is a popular destination for the people of Bristol as it is known for its panoramic views of the city. Bristol is a city, ceremonial county and unitary authority in England. Situated on the River Avon, it is bordered by the ceremonial counties of Gloucestershire to the north and Somerset to the south. Bristol is the most populous city in southwest England. The wider Bristol built-up area is the eleventh most populous urban area in the United Kingdom.
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for updates. londoncityauctions.com 81 0207 0789755 or 01636 558200 70ALOT Plot C39, Dundry Lane, Dundry, Bristol, BS41 8JQ Guide£3000Price Guide Plus + Buyer’s Premium + VAT PONY PADDOCK / AMENITY LAND
Freehold Description
An opportunity to buy plot of land C39 measuring approx. 0.2 acres (STMS) in Dundry, ThisBristol.plot of flat land is an ideal investment opportunity with local surrounding plots being used as allotments and amenity land. Some uses for this land have been started in various forms giving rise to the thought of future development potential, subject to obtaining the required consents from the local council.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on website, auction addendum and you are advised to check the website regularly
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com82 0207 0789755 or 01636 558200 LOT71 Flat 68 Cross Lane, Huddersfield, Yorkshire, HD4 6DL Guide£40,000Price
This is a purpose built flat and has central heating throughout. There is a good-sized reception room and a good-sized fitted kitchen. There are two bedrooms and a white threepiece bathroom. This property is in need of modernizing and would make a great first buy for someone or a great buy to let opportunity if the work is completed.
Council Tax Band A. EPC rated C. Location Huddersfield is a large market town in the Metropolitan Borough of Kirklees, West Yorkshire, England. Huddersfield was a prominent mill town in the industrial revolution. To the town’s west are the Pennines, south is the River Holme’s discharge into the similar-sized Colne. The town’s historic county is the West Riding of Yorkshire. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Guide VAT
Plus + Buyer’s Premium +
INVESTMENT FLAT
Leasehold – 125 years from 13 august 2007 Description
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
Description
An ideal investment opportunity to buy a unit in a shopping arcade which fully consists of 10 shops, 7 of which are obtaining a current rental income of around £25,000 pa. Unit 3 is a ground floor unit which could be used for a variety of investment opportunities and is currently vacant.
Location Located in the centre of Consett and close to all local shops, set close to the local bus station and just off the A692. Consett is a town in County Durham, England, about 14 miles (23 km) southwest of Newcastle upon Tyne. It had a population of 27,394 in 2001 and an estimate of 25,812 in 2019.
londoncityauctions.com 83 0207 0789755 or 01636 558200 LOT72 Unit 3 Ground Floor Unit, Trafalgar Street, Consett, County Durham, DH8 5AP Guide£80,000Price Guide Plus + Buyer’s Premium + VAT PART COMMERCIAL PREMISES WITH INVESTMENT INCOME
If purchased as a whole block this land measures approx. one acre (STMS) but separately each plot measures approx. 250278 sqm each (STMS). Location This plot is surrounded by beautiful greenery with the occasional property scattered nearby. Beech Farm Road links to the B269 providing access to a more established residential area with all local amenities. This road links to the A22 providing access to stations and other locations.
Warlingham is a village in the Tandridge district of Surrey, England, 14.2 miles (22.9 km) south of the centre of London and 22.3 miles (35.9 km) east of the county town, Guildford. Warlingham is the centre of a civil parish that includes Hamsey Green, a contiguous, smaller settlement to the north. Caterham is the nearest town, 2.0 miles (3.2 km) to the southwest.
Guide Plus + Buyer’s Premium + VAT Freehold Description
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
On offer we have a large plot of land containing 22 plots in total, to be purchased all together or can be sold per plot. This land is a great investment opportunity with potential planning permission, subject to obtaining the required consents with the local council, or someone looking for land for their horses or other recreational uses.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com84 0207 0789755 or 01636 558200 LOT73 22 Plots at Beech Farm Road, Warlingham, Surrey, CR6 9QG Guide Price £2500 per plot
INCOME PRODUCING HMO Freehold Description
Plus + Buyer’s Premium +
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on website, auction addendum and you are advised to check the website regularly
1: En suite – Size: 12.10 sq. meters
An excellent condition seven-bedroom HMO is available. The property comprises a double fronted office/retail unit on Nether Hall Road with accommodation over ground, first and second floors with number 29 consisting of four en suite bedrooms, two kitchens (one at the ground floor and one at the first floor) and one bathroom (on the first floor).
First Floor Bedroom 3: Size: 10.00 sq. meters Bedroom 4: Size: 10.00 sq. meters Bedroom 5: Size: 10.00 sq. meters Second Floor Bedroom 6: En suite – Size: 10.10 sq. meters Bedroom 7: En suite – Size: 13.70 sq. meters Council Tax Band F. EPC rated D with the possibility of achieving a B rating. Location Nether Hall Road is a well-located road only 0.35 miles northeast from the centre of Doncaster (South Yorkshire). You can find amenities within 0.1 miles of the property and transport and direct links into Doncaster (15 minutes’ walk to the train station) Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Accommodation
our
Ground floor Bedroom
for updates. londoncityauctions.com 85 0207 0789755 or 01636 558200 LOT74 29 Nether Hall Road, Doncaster, DN1 2PG Guide £280,000Price
Guide VAT
Bedroom 2: En suite – Size: 10.00 sq. meters
This beautiful Houseboat is situated at a gated moorings called Erewash Moorings at Trent Lock. It has been fully updated to a 5* luxury standard with everything contained in the boat included in the sale. This sale also includes an additional mooring/speed boat. There is an external garden room and your own front garden to Internallyenjoy. there is a bespoke fully fitted kitchen, a bespoke style double bedroom and a bespoke shower room with WC. There is underfloor heating and double-glazed portal style windows throughout. This boat is exempt from any EPC and is council tax band A. Location Trent Lock is located near to Long Eaton on border of Leicestershire, Derbyshire and Nottinghamshire. It is a major junction on the inland waterways network, where the River Soar and Erewash Canal can reach the Trent and Mersey Canal by way of the River Trent and adjacent Cranfleet Cut.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com86 0207 0789755 or 01636 558200 LOT75 Winfield Houseboat, Erewash Moorings, Trent Lock, Long Eaton, Nottinghamshire, NG10 2FY Guide £185,000+Price Guide Plus + Buyer’s Premium + VAT RESIDENTIAL HOUSE BOAT WITH SECURE MOORINGS
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Description
First floor apartment: One bedroom, living room/kitchen and shower room with WC. EPC rated C.
Ground floor apartment: One bedroom, reception room, kitchen/diner and shower room with WC. EPC rated D.
Externally there is a good size rear garden and small front garden with on street marked parking available.
for updates. londoncityauctions.com 87 0207 0789755 or 01636 558200 LOT76 22 Grant Road, Harrow, Middlesex, HA3 7SF Guide £625,000Price:
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly
Second floor apartment: One bedroom, living room/ kitchen and shower room with WC. EPC rated D. Currently achieving £11,400 P.A Council tax bands for the property are C and all apartments have full double glazing.
Location Situated on Grant Road, accessed via Byron Road in Wealdstone, to the north of Harrow town centre. Transport options include local bus routes, Harrow and Wealdstone National Rail and Overground Station and road links via the A409, A312, A410 and A1/M1. Wealdstone and Harrow town centre provides shopping and other amenities with recreational pursuits available at Byron Recreation Ground.
Freehold – Rent Reserved at £34,200 P.A
Description
Currently achieving £10,200 P.A
+
Guide Plus Premium VAT
Apartments are as follows:
Currently achieving £12,600 P.A
This property is a well-proportioned mid terrace which has been converted into three apartments set over three floors. Conveniently located close to multiple shopping and transport links which offers direct access to Central London.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
+ Buyer’s
RESIDENTIAL INVESTMENT OPPORTUNITY
Ground floor Bedroom 1:
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com88 0207 0789755 or 01636 558200 LOT77 27 Nether Hall Road, Doncaster, DN1 2PG Guide £320,000Price Guide Plus + Buyer’s Premium + VAT INCOME PRODUCING HMO Freehold Description An eight-bedroom HMO is available in excellent condition. The property comprises a double fronted office/retail unit on Nether Hall Road with accommodation over ground, first and second floors. Number 27 consists of five en suite bedrooms, two kitchens (one at the ground floor and one at the first floor) and two bathrooms (one at the ground floor and one at the first floor).
Accommodation En suite Size: 19.60 sq. meters En suite
–
Bedroom 2:
– Size: 10.00 sq. meters Bedroom 3: Size: 10.9 sq. meters First Floor Bedroom 4: Size: 10.5 sq. meters Bedroom 5: Size: 10.1 sq. meters Bedroom 6: En suite – Size: 10.00 sq. meters Second Floor Bedroom 7: En suite – Size: 13.70 sq. meters Bedroom 8: En suite – Size: 10.10 sq. meters Council Tax Band F. EPC rated D with the possibility of achieving a B rating. Location Nether Hall Road is a well-located road only 0.35 miles northeast from the centre of Doncaster (South Yorkshire – Northern England). You can find amenities within 0.1 miles of the property and transport and direct links into Doncaster (15 minutes’ walk to the train station) Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
WITH SIGNIFICANT FUTURE POTENTIAL PLANNING Freehold Description
On offer we have fourteen plots creating a block of land. Each plot is approximately 250 square metres per plot. This is an ideal investment opportunity to buy plots of land in the beautiful district of Epping Forrest, county of Essex. The land is ideal for animal grazing, amenity, and possible development and as such has significant future hope value. This block of land can be purchased as a whole or per plot.
regularly for updates. londoncityauctions.com 89 0207 0789755 or 01636 558200 LOT78 Plots A22-A28 And A64-A70, Land at Epping Farm, Epping, Essex, CM16 7NY Guide Price £2500 per plot Guide Plus + Buyer’s Premium + VAT AGRICULTURAL LAND
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Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on website, auction addendum and you are advised to check the website
Plots available in this lot are marked in red on the map shown. Location Close to the Theydon interchange, the M11 and the M25 there is also a business centre close by. The field can be accessed via Hobbs Cross Road. Theydon Garnon is a village and civil parish in the Epping Forest district, in the county of Essex, England. The parish also includes the hamlet of Hobbs Cross. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com90 0207 0789755 or 01636 558200 LOT79 Heathrow Villa Guide£TBCPrice Guide Plus + Buyer’s Premium + VAT WITHDRAWN
IMPORTANT
londoncityauctions.com 91 0207 0789755 or 01636 558200 LOT80 Block of 26, Potential Development Land at Larbourne Farm, Iver, Buckinghamshire, SL0 9DS Guide Price £3000 per plot
Premium + VAT
Description
FreeholdPLANNINGINVESTMENTSTRATEGICLANDWITHPOTENTIAL
A massive investment opportunity to buy flat land ideal for possible development, subject to obtaining the required consents with the local council. This block is outlined in red on the plan. There are 26 plots in this block each measuring approx. 243 sqm individually or 1.68 acres as a whole (STMS) creating a long strip of land that can be purchased as a whole or per plot. This land is close to a residential area with golfing clubs and local amenities, and less than a 15-minute drive away from Heathrow Airport. Heathrow is the main, and busiest airport serving the United Kingdom and is also Europe’s busiest airport for passenger traffic – it handles more international passenger traffic than any other airport in the world. Close to the M25 and M4 this is an ideal investment plot for someone looking.
Location Iver is a large civil parish in Buckinghamshire, England. The parish includes the residential neighbourhoods of Iver Heath and Richings PartPark.of the 43-square-mile Colne Valley Regional Park, with woods, lakes and land by the Grand Union Canal.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Guide Plus + Buyer’s
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com92 0207 0789755 or 01636 558200 LOT81 60 Tarring Street, Stockton-on-Tees, TS18 1HJ Guide£45,000Price
Freehold – subject to tenancy Description This property is a freehold terraced house that was constructed between 1900 and 1929. It consists of a reception room with plenty of space for a living/dining room.
Council Tax Band A. EPC rated D with the possibility of achieving a C rating.
Location Located in the northeast of England at the heart of the Tees Valley, Stockton is a market town in the borough of Stocktonon-Tees, County Durham, England. It is between the towns of Darlington, Hartlepool and Middlesbrough, to the west, northeast and east respectively. It is a diverse and vibrant place that offers a great standard of living. As well as being a safe place to olive Stockton-on-Tees is affordable with a great sense of community, beautiful surroundings and lots of things to do. All necessary local amenities close by making it a great place to raise a family.
Guide Plus + Buyer’s Premium + VAT
There is a fully fitted kitchen, a small rear yard, two bedrooms and a bathroom creating a total internal floor space of approx. 1173 sq. ft. The house is fully double glazed and has gas central heating.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Freehold land Description
Plots available in this lot are marked in red on the map shown.
Location Close to the Theydon interchange, the M11 and the M25 there is also a business centre close by. The field can be accessed via Hobbs Cross Road. Theydon Garnon is a village and civil parish in the Epping Forest district, in the county of Essex, England. The parish also includes the hamlet of Hobbs Cross. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
On offer we have thirteen plots creating a block of land. Each plot is approximately 250 square metres per plot. This is an ideal investment opportunity to buy plots of land in the beautiful district of Epping Forrest, county of Essex. The land is ideal for animal grazing, amenity, and possible development and as such has significant future hope value. This block of land can be purchased as a whole or per plot.
Guide Plus + Buyer’s Premium + VAT
londoncityauctions.com 93 0207 0789755 or 01636 558200 LOT82 Plots A08-A20, Land at, Epping Farm, Epping, Essex, CM16 7NY Guide Price £2500 per plot
With 4 primary and 2 secondary schools rating good within a 5 miles radius and a supermarket at the end of the street, across the road this property is sure to make either the ideal large family home or smart investment for anyone looking.
Guide
Plus + Buyer’s Premium + VAT
On offer is a 7 bedroom, mid terraced house. This property consists of: An entrance hallway, a large downstairs bedroom, a large bright and modern galley kitchen with good sized dining room just Abeyond.further 6 bedrooms can be found over the first and second floor.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com94 0207 0789755 or 01636 558200 LOT83 8 Dunhill Road, Goole, Yorkshire, DN14 6SS Guide £170,000Price
Location This property is very close to the A614 with links to the M62. Surrounded by all local amenities including shops, petrol stations, supermarkets, restaurants etc and 3 railway stations in a 3.5 mile radius.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Freehold – Subject to tenancies Description
The property is set over 1259 sq. ft of internal floor space and is a licenced HMO achieving £31,200 p.a. creating a gross yield of 13%.
SOLD PRIOR
INCOME PRODUCING HMO
londoncityauctions.com 95 0207 0789755 or 01636 558200 LOT84 Plots D19, D20, D62 and D63, Ledgers Road, Warlingham, Surrey, CR6 9QA Guide£12,000Price
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Guide Plus + Buyer’s Premium + VAT Freehold Description
Ideal investment to buy plots of land each approx. The250sqm.plots of amenity land at Ledgers Road are framed by Ledgers Wood and Nore Hill Pinnacle.
The land is ideally situated on the outskirts of Chelsham and represents an opportunity for the new owners to use the land for a variety of amenity uses at any time.
Easy access to the B269, A221 and B2024. Approximately 1 hour from London. Ledgers Road in Warlingham is in the southeast region of England within the Warlingham East and Chelsham What3words:area.oldest.live.clouds Location This plot of land is situated off Ledgers Road with direct access. The plot of land also benefits from a secondary access point off the crossroads between Common Road and Church Lane. Warlingham is a village in the Tandridge district of Surrey, England, 14.2 miles (22.9 km) south of the centre of London and 22.3 miles (35.9 km) east of the county town, Guildford. Warlingham is the centre of a civil parish that includes Hamsey Green, a contiguous, smaller settlement to the north. Caterham is the nearest town, 2.0 miles (3.2 km) to the southwest.
Buyer’s Premium Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5000 + VAT upon the exchange of contract.
It’s a nice and safe place to live and has plenty of schools (primary and secondary), supermarkets, amenities, GP surgeries and dentist (around 0.6 miles away), and hospitals (less than 05 miles away). The nearest railway station is Ebbsfleet International, approximately 1.3 miles away.
Externally there is a crazy paving driveway and a paved rear yard with outbuilding. Internally to the ground floor there is a reception room and a fully fitted kitchen with a range of base and wall units and black marble effect floor Totiles.the first floor there are three good sized bedrooms and a complete bathroom with a white 3-piece suite.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com96 0207 0789755 or 01636 558200 LOT85 4 St. Botolph’s Road, North Fleet, Gravesend, DA11 8ES Guide £450,000Price
Plus + Buyer’s
Description
This Freehold mid-terraced house was constructed between 1950 and 1966 and boasts 732 sq. ft of internal floor space.
Guide Premium
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
The property is double glazed throughout and has gas central heating. Council Tax Band C. EPC rated D. Location St Botolph’s Road is in Northfleet, Gravesend and in Gravesham district. Gravesend is a town in northwest Kent, England, situated 21 miles eastsoutheast of Charing Cross on the south bank of the river Thames and opposite Tilbury in Essex.
+ VAT Freehold - subject to existing Currentlytenancy achieving £14,400 P.A
RESIDENTIAL
CurrentlytenancyFreeholdOPPORTUNITYINVESTMENT-subjecttoexistingachieving£9000P.A
Location Lower Range Road in Gravesend is in the southeast region of England, located approximately 25 miles from London Bridge Station with easy transport links via Gravesend railway station, approximately 1 mile away, with a journey time of approximately 55 minutes. This property has all necessary amenities nearby including supermarkets, coffee shop, and local shops. There are primary and secondary schools located less than 01 mile away as well as GP surgeries, hospitals and dentist.
Description Good opportunity to buy a freehold terrace property in Gravesend that consists of three bedrooms, one reception room and a Fullybathroom.double-glazed windows and central Councilheating.Tax Band A. EPC expired, was rated D with the possibility of achieving a C rating.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com 97 0207 0789755 or 01636 558200 LOT86 22A Lower Range Road, Gravesend, Kent, DN12 2QL Guide £280,000Price Guide Plus + Buyer’s Premium + VAT
Location Lower Range Road in Gravesend is in the southeast region of England, located approximately 25 miles from London Bridge Station with easy transport links via Gravesend railway station, approximately 1 mile away, with a journey time of approximately 55 minutes. This property has all necessary amenities nearby including supermarkets, coffee shop, and local shops. There are primary and secondary schools located less than 01 mile away as well as GP surgeries, hospitals and dentist.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com98 0207 0789755 or 01636 558200 LOT87 22B, Lower Range Road, Gravesend, Kent, DA12 2QL Guide £160,000Price Guide Plus + Buyer’s Premium + VAT RESIDENTIAL CurrentlytenancyFreeholdOPPORTUNITYINVESTMENT-subjecttoexistingachieving£6900P.A
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
This freehold terrace property consists of two bedrooms, one reception room, and one bathroom. This is a mid-floor flat measuring approx. 56 sq. m in internal floor space. Fully double-glazed windows and central Councilheating.Tax Band B. EPC rated D with the possibility of achieving a C rating.
Description
londoncityauctions.com 99 0207 0789755 or 01636 558200 LOT88 Royal Langford Apartments, 121 Greville Road, London, NW6 5HT Guide £350,000Price Guide Plus + Buyer’s Premium +
We are delighted to offer this bright one bedroom property on the fourth floor, located in Maida Vale, a stone’s throw away from Oxford Street, Baker Street, and all the excitement central London has to Theoffer.flat comprises of reception room, kitchen, bedroom with a built-in closet and a modern Thebathroom.property also benefits from attractive communal gardens, gym access and 24-hour porter for extra security, and gated underground parking. Ideally located in London’s Zone 2. Council Tax Band F. EPC being renewed. Location Maida Vale is an affluent, convenient and elegant tree lined residential district consisting of the northern part of Paddington in West London, west of St John’s Wood and south of Kilburn. Grenville Road is ideally located on the borders of both St John’s Wood and Maida Vale, 0.6 miles from Maida Vale underground station (Bakerloo Line) and 0.8 miles from St John’s Wood underground station (Jubilee Line). The apartment is also located within close proximity to local amenities and bus stops which provide both convenient and efficient access to the West End.
on the lease
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. VAT - subject to tenancy remaining Description
973 years
INVESTMENT FLAT Leasehold
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com100 0207 0789755 or 01636 558200 LOT89 84 Tarring Street, Stockton-On-Tees, TS18 1HJ Guide£45,000Price Guide Plus + Buyer’s Premium + VAT
Location Located in the northeast of England at the heart of the Tees Valley, Stockton is a market town in the Borough of Stockton-on-Tees, County Durham, England. It is between the towns of Darlington, Hartlepool and Middlesbrough, to the west, north-east and east respectively. It is a diverse and vibrant place who offers a great standard of living. As well as being a safe place to live, Stockton-on-Tees is affordable, with a great sense of community, beautiful surroundings and lots of things to do. Plus, the area has plenty great schools, supermarkets and amenities nearby, making it a great place to raise a family.
This freehold end-terraced property was constructed between 1900 and 1929. Measuring approx. 848 sq. ft of internal floor space there is a very good chance of obtaining planning permission as this property has benefitted from two extensions previously.
Internally there is a reception room, fitted kitchen with a range of wall and base units, three bedrooms and a fully tiled bathroom with white piece suite. The property is double glazed throughout and has gas central heating. Currently tenanted and achieving £4140 P.A, tenancy is held for the next 9 years making this a great investment opportunity.
Council Tax Band A. EPC expired but was rated E with the possibility of achieving a D rating.
Tarring Street in Stockton-On-Tees is in the Stockton Town Centre ward/electoral division, which is in the constituency of Stockton North. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
RESIDENTIAL INVESTMENT OPPORTUNITY Freehold Description
Externally there is on street parking a small rear garden.
Buyer’s Premium + VAT
IMPORTANT
Location Iver is a large civil parish in Buckinghamshire, England. The parish includes the residential neighbourhoods of Iver Heath and Richings PartPark.of the 43-square-mile Colne Valley Regional Park, with woods, lakes and land by the Grand Union Canal.
FreeholdPLANNINGINVESTMENTSTRATEGICLANDWITHPOTENTIAL
Guide Plus +
Description A massive investment opportunity to buy flat land ideal for possible development, subject to obtaining the required consents with the local council. This block is outlined in red on the plan. There are 13 plots in this block each measuring approx. 243 sqm of land that can be purchased as a whole or per plot. This land is close to a residential area with golfing clubs and local amenities, and less than a 15-minute drive away from Heathrow Airport. London Heathrow Airport, or Heathrow is the main, and busiest airport serving the United Kingdom. Heathrow is also Europe’s busiest airport for passenger traffic and handles more international passenger traffic than any other airport in the world. Close to the M25 and M4 this is an ideal investment plot for someone looking.
londoncityauctions.com 101 0207 0789755 or 01636 558200 LOT90 South Block of 13, Potential Development Land, At Larbourne Farm, Iver, Buckinghamshire, SL0 9DS Guide Price £3000 per plot
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com102 0207 0789755 or 01636 558200 LOT91 Plots A108-A112, Land at, Epping Farm, Epping, Essex, CM16 7NY Guide Price £2000 per plot Guide Plus + Buyer’s Premium + VAT AGRICULTURAL LAND WITH SIGNIFICANT FUTURE POTENTIAL PLANNING Freehold Description
On offer we have five plots creating a strip of land. Each plot is approximately 250 square metres per plot. This is an ideal investment opportunity to buy plots of land in the beautiful district of Epping Forrest, county of Essex. The land is ideal for animal grazing, amenity, and possible development and as such has significant future hope value.
Plots available in this lot are marked in red on the map shown. Location Close to the Theydon interchange, the M11 and the M25 there is also a business centre close by. The field can be accessed via Hobbs Cross Road. Theydon Garnon is a village and civil parish in the Epping Forest district, in the county of Essex, England. The parish also includes the hamlet of Hobbs Cross. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates.
We are excited to offer this one bedroom ground floor apartment in a stunning area of TheLondon.grossinternal floor space measures approx. 36.88 sqm (STMS) and was constructed between 1930 and 1949. The property comprises of entrance hall, reception room, kitchen, bathroom with WC and a double bedroom. There is an entrance phone by the door. This property has 11 years remaining on the lease. Currently on a 6-month AST at £1250 PCM. All necessary amenities are close by including post offices and a petrol station.
londoncityauctions.com 103 0207 0789755 or 01636 558200 LOT92 Flat 4 Melcombe Regis Court, 59, Weymouth Street, London, W1G 8NS Guide £200,000Price Guide Plus + Buyer’s Premium + VAT INVESTMENT FLAT
Council Tax Band E. EPC Rated D with possibility of achieving a C rating. Location Melcombe Regis Court is situated along Weymouth Street at its junction with Wesley Street. Public transport links include Baker Street, Regent’s Park and Bond Street underground stations, with road communications provided by the A501, Marylebone Road. A comprehensive range of shops, cafes and restaurants are available along Marylebone High Street and close by within the West End, with Regent’s Park lying to the North.
Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
Leasehold Description
Please note that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. Please check and read the Special conditions of Sales, in the particular of Sale and any addendum for the Lot before deciding whether or not to bid. Where a guide price is given, that guide is the minimum price at which the seller may be prepare to sell on the date upon which the guide price/ catalogue is published. The guide price will normally be at or within 10% of the actual Reserve Price. The guide price may be subject to change up to and including the day of the auction. The latest published guide price is displayed on our website, auction addendum and you are advised to check the website regularly for updates. londoncityauctions.com104 0207 0789755 or 01636 558200 LOT93 28.3 Acre Section of land at Epping Farm, Epping, Essex, CM16 7NY Guide £1,400,000Price Guide Plus + Buyer’s Premium + VAT AGRICULTURAL LAND WITH SIGNIFICANT FUTURE POTENTIAL PLANNING Freehold Description
Location Close to the Theydon interchange, the M11 and the M25 there is also a business centre close by. The field can be accessed via Hobbs Cross Road. Theydon Garnon is a village and civil parish in the Epping Forest district, in the county of Essex, England. The parish also includes the hamlet of Hobbs Cross. Buyer’s Premium Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.
This large section measures approx. 28.3 acres (STMS). Large section of land at Epping Farm, Hobbs Cross Road. This is an ideal investment opportunity to buy plots of land in the beautiful district of Epping Forrest, county of Essex. The land is ideal for animal grazing, amenity, and possible development.
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 105 This agreement for sale is made the day of 202 The Property Address of the Lot Postcode Sale Price £ Deposit £ Buyer’s Premium £ Completion date 202 The Parties The Agents London City Auctions The Buyer AddressName Postcode Telephone number Email Buyer’s Solicitor AddressName Postcode Telephone number Email Memorandum of sale The Seller AddressName Postcode Telephone number Email Seller’s Solicitor AddressName Postcode Telephone number Email The auctioneer expects that you understand the risk associated with property transactions at auction and that you have the requisite knowledge and understanding of the property market.
londoncityauctions.com106 | Call us on 0207 0789755 or 01636 558200 The AddressPropertyoftheLot Postcode Date of Auction 202 The Buyer The AddressNameBidder Postcode Telephone number EmailTheBuyerNameAddress Postcode Telephone number EmailBuyer’s Conveyancer AddressName Postcode Telephone number EmailSeller’s Solicitor AddressName Postcode Telephone number Email Remote Bidding Form and Terms & Conditions Documentation required attach certified copies of Photographic ID Proof of address dated within last 3 months All copy documents attached MUST BE countersigned by an authorised individual who has seen the original document and can confirm that the photographic ID is a true likeness to the individual. Please refer to our website www.londoncityauctions.com for details of documents required and accepted counter signatories. For compliance with UK Anti Money Laundering regulations please confirm the source of the funds being used for this purchase (please tick the appropriate box). Source of funds: Savings Gifted Proceeds from Sale Business Funds NameDepositofaccount holder Sort code / / Account number IBiddingHERBYAUTHORISE LONDON CITY AUCTIONS TO BID ON MY BEHALF IN THE AUCTION IN RESPECT OF THE LOT MENTIONED ABOVE Please select your method of bidding; Telephone I request that London City Auctions contact me by telephone prior to the commencement of the auction to obtain my instructions on telephone number In the event that London City Auctions cannot contact you on the day of the auction by telephone and you would like them to bid on your behalf, please complete the proxy bid section below.
Proxy Maximum Bid £
Bidding When your lot comes up, the screen will allow you to enter bids in your selected manner. The current and upcoming lots are displayed at the bottom of the screen. This is a live auction and you will be bidding against others in the room, written bidders and others online. Submitted bids will be seen by the Auctioneers, and you will be notified on screen if your bid is accepted. I understand that if I am the successful bidder I hereby undertake to immediately pay the Deposit and Buyer’s premium. London City Auctions are duly authorised to sign the Memorandum of Sale on my behalf. Thereafter I understand that in an unconditional auction I will have to complete the purchase within 28 days from the date mentioned on the Memorandum of Sale. I confirm that I have read and understood the Legal Pack and agree to any special conditions within the Legal Pack. Certified Copies of my passport and utility bill are attached.
The auctioneer expects that you understand the risk associated with property transactions at auction and that you have the requisite knowledge and understanding of the property market.
OnlineMobile
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 107
• If you wish to bid at the Auction by telephone, via internet or absentee/proxy you must complete the Registration form entering your full details as the Bidder and full details of the Buyer if different to the Bidder. You should sign the Registration form where indicated.
• It is possible that at any time up to the commencement of bidding at the Auction amendments and/ or additions may be made to the Conditions of Sale for the Lot or any other matters relating to it. Such amendments are published by means of written addenda and by verbal addenda announced from the rostrum. You will be deemed to have knowledge of such matters (including for the avoidance of doubt any late addenda that are announced verbally from the rostrum) and if your bid is successful you will buy subject to them.
• If your bid is successful the Auctioneer or any person authorised by the Auctioneer will sign the memorandum of sale and any other relevant document relating to the Lot on your behalf and as soon as the deposit is cleared send this to you by post.
2. If you are the successful bidder London City Auctions requires a separate payment of £1000 inclusive of VAT as a buyer’s administration charge payable to London City Auctions Limited to be electronically transferred immediately after the auction and no later than 15:30 on the day following the auction. A VAT receipt will be provided upon payment.
• If you bid at the Auction by Absentee/proxy you should enter your Maximum Bid Price on the Registration form.
disclosed by the Auctioneer to the Seller.
• If you wish to alter any of the details appearing on the Registration form, you must notify the Auctioneer of this in writing before the Auction commences. Alterations will only be effective if the Auctioneer confirms to you in writing that the request to alter has been received.
• If you bid by absentee/proxy you appoint the Auctioneer as your agent and you authorise the Auctioneer to bid for the Lot on your behalf up to (but not in excess of) your Maximum Bid Price in whatever manner the Auctioneer in his absolute discretion thinks fit.
• Unclear instructions.
Terms and Conditions
7. Absentee/Proxy Bids
2. These terms and conditions apply to you and you will be bound by them if you bid by telephone, via internet or absentee/proxy.
PaymentPaymentsinrespect of the
8. Terms of Sale/Conduct of Auction
• The Maximum Bid Price must be an exact figure. Failure to clearly indicate your Maximum Bid Price will invalidate your bid.
The Bidder appoints London City Auctions as agent and authorises London City Auctions to bid for the relevant Lot on behalf of the Bidder in such manner as London City Auctions thinks fit in its absolute discretion. The Bidder may withdraw London City Auction’s authority to bid if the withdrawal is in writing and is received by the Auctioneer before the Auction commences and the Auctioneer confirms to the Bidder in writing that the withdrawal instruction has been received.
• You shall be deemed to have read the “Important Information for Bidders” on the Auctioneer’s website/ catalogue and the ‘Common Auction Conditions, the special conditions of sale and any addendum’ relating to the Lot. You shall be deemed to have taken all necessary professional and legal advice and to have made all your enquiries and to have knowledge of any Auctioneer’s announcements which are relevant to the Lot.
• Any change in the date, time and/or venue of the Auction.
a. The minimum deposit of £5,000 (or the total of your maximum bid price if this is less than that minimum) and b. 10% of the Maximum Bid Price exclusive of VAT.
PLEASE SIGN BELOW TO INDICATE YOUR ACCEPTANCE OF THESE TERMS AND CONDITIONS Signed by the buyer Print name Date
• Error, lack of clarity or confusion whether during the Auction or regarding the Registration form or the deposit.
• You being unobtainable by telephone or becoming disconnected during the course of bidding by telephone or via the internet.
0207 0789755 or 01636 558200 for the Client Account details
• Any interruption or suspension of telephone or internet bidding services.
• Any other factor beyond London City Auction’s control. Please complete the on-line registration form and submit it to London City Auctions no later than 2 working days prior to the date of the auction. You WILL NEED TO RECEIVE WRITTEN CONFIRMATION FROM LONDON CITY AUCTIONS THAT YOUR REGISTRATION TO BID HAS BEEN COMPLETED SUCCESSFULLY Deposit (10% of the maximum bid) and the Buyer’s Premium plus VAT must be paid to in advance of the auction. Please contact London City Auctions auction department on
• The completed Registration form should be sent to London City Auctions so that it is received not less than two clear Business Days prior to the date of the Auction, together with: Two forms of identification for you consisting firstly of a form of photo identification such as your passport or current driving licence and secondly proof of your address such as a recent utility bill or bank statement. To comply with the Money Laundering Regulations, if you are not the Buyer we will require you to provide further documentation.
Payment to unsuccessful bidders will be electronically refunded after the auction. Bidders must contact London City Auctions the day following the auction to arrange repayment.
1.
6. Deposit1.Thedeposit is to be paid immediately after the auction and no later than 15:30 on the day following the auction by bank transfer to London City Auction’s client’s account in sterling on an Approved financial institution for a sum representing the greater of:
9. DisclaimerLondonCity Auctions or any employee or agent of London City Auctions or the Auctioneer will have no liability or responsibility whatsoever towards you or the Buyer in the event of your bid not being made as a result of:
3. Definitions used in these terms & conditions:Approvedfinancial institution has the same meaning as in the RICS Common Auction Conditions Edition 4.0 November 2018. Auction means London City Auctions to be held at the time and place and on the date advertised in any format by London City Auctions in which the Lot Auctioneerappears.means the London City Auctions auctioneer having conduct of the BidderAuction.means the party bidding for the Lot and who acts as the buyer and guarantees the performance of the buyer under the Conditions of Sale.Business Days has the same meaning as in the RICS Common Auction Conditions Edition 4.0 November 2018. Buyer means the person, firm or company identified on the Registration Form who agrees to buy the ConditionsLot. of Sale means the auction conduct conditions together with the general conditions of sale, any special conditions of sale and any addenda that are applicable and/or relevant to the Lot. Lot means the property for which you bid remotely at the Auction. Maximum Bid Price means the maximum price that you wish to bid for the Lot. This must be shown exclusive of any VAT that may be applicable.Registration form means the registration form for remote bidding contained within London City Auctions Auction Catalogue or sent to you by email.Sellermeans the person selling the lot.VAT means value added tax or any other tax of a similar nature.
• The amount of your Maximum Bid Price for the Lot will not be
• In accordance with the Common Auction Conditions and in particular clauses A5.5 and A6.5, if you are the successful bidder, you will be required to complete the (‘London City Auctions Customer Due Diligence Form’) and provide the information stated. You will be deemed to have read the ‘Requirements for bidders and buyers under the Money Laundering Regulations’ and will fully comply with them. Both documents are on the London City Auctions catalogue.
4. Registration form
5. In the event that the Auctioneer considers that there is any error or confusion about the Registration form or the deposit, the Auctioneer reserves the right not to accept your bid. Please note that the Auctioneer’s decision as to what constitutes error or confusion is final.
By completing this Registration form you warrant that there are adequate funds in the account to meet the full amount of the deposit
• As soon as reasonably practicable after the Auction you will be notified as to whether or not your absentee/proxy bid for the Lot was successful.
The contract by which the seller agrees to sell and the buyer agrees to buy the lot.
Please sign below to indicate your acceptance of these terms and conditions and that you have the authority to sign on behalf of all the buyers.
Signed by the name
1b the contract of sale
1f Unconditional sale
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1c the deposit
1a Buyer’s premium
A buyers’ premium fee shall be set and agreed by the auctioneer at the time of sale subject to a minimum of £5000+VAT, payable by the buyer to the auctioneer. The buyer’s premium is payable in addition to the sale price (hammer price) and becomes payable upon either the signing of the memorandum by the buyer and the auctioneer or by the auctioneer if empowered to do so, irrespective of whether the sales proceeds to completion or not. The buyer’s premium fee is non-refundable in any circumstances.
The deposit is between 10 &15% as will be agreed by the auctioneer at the time of sale subject to a minimum of a £3000 which is to be paid to the auctioneer and held by the auctioneer as stakeholder on behalf of the vendors or instructing agents whichever shall apply; Unless the special conditions provide for otherwise. The auctioneer shall be entitled to pay the balance of the deposit to the sellers’ solicitor at the time of the auctioneer choosing.
1. The buyer is legally obliged to purchase the property with full legal completion taking place normally within 28 days of the date of the signing the memorandum. Unless and in circumstances where a specific varied completion date is detailed within this memorandum.
1e The Sale Price
3. The sales is to proceed by way of Unconditional Sale.
4. The deposit and the buyer’s premium must be paid upon the signing/ agreeing the terms of the Memorandum of Sale.
5. The property is sold subject to the common auction conditions (4th edition) which are incorporated into this agreement with the consent of the RICS. Where this agreement and the common auction conditions (4th edition) conflict, this agreement always prevail.
6. The sale is subject to any special conditions and extra special conditions contained within the Legal Pack to which the buyer will raise not objection or requisitions. Where this agreement and special conditions conflict, the special conditions and extra special conditions shall prevail in any event.
The Legal Pack shall refer to the documents supplied by the auctioneer which the auctioneer duly entitled Legal Pack.
1d The Legal Pack
7. The buyer confirms that he had the opportunity to view the Legal Pack and to obtain legal advice in relation to the same.
8. The seller and the auctioneer agree that they have had the opportunity to review this agreement and have had the opportunity obtain advice should it be necessary. Both parties understands that liabilities and confirm that they fully understand their respective rights, responsibilities and obligations as set out here within.
The price at which the buyer agrees to purchase the lot under the hammer which is either the successful bid at auction or the price otherwise agreed, either pre-auction or post-auction. The timing of the agreement does not vary any of these set terms at any time.
Special
Definitionsconditionsandinterpretation
Signed by the Authorised agent for the Seller Print name Date
2. The buyer herby agrees to purchase the property from the seller and the seller agrees to sell the property to the buyer at the Sale Price and to exchange contracts in accordance with the contract of Sale prepared by the seller’s solicitor and the auctioneers.
buyer Print
17. Immediately following the lot being knocked down to the purchaser irrevocably authorizes the auctioneer for and on behalf of the purchaser to sign the memorandum of contract stating the price the required upon, the short address of the lot the name and the name of the vendor and purchaser and the date of contract having a text to the document referred to under paragraph 1 above as such all the documents as the auctioneer shall have determined under these paragraphs.
1. Prospective buyer shall be deemed to have inspected the relevant property and made all usual and necessary searches and enquiries with all relevant authorities and other bodies
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3. As soon as the auctioneer’s gavel falls on a bid the successful bidder is under a binding contract to buy the relevant property the buyer is immediately at risk in relation to the property and should therefore ensure insurance cover is in place. Make prior arrangements for any relevant insurance cover that may be required.
20. The auctioneer reserves the right to refuse to accept any bid or bids without assigning any reason therefore to his sole and absolute discretion in the event of any dispute of bidding the auctioneers decision shall be final.
24. The purchaser will observe the performance of its obligations under the contract in accordance with the auctioneers general conditions of sale and varied by and special conditions of sale and we’ll pay and make good any vendor or losses costs damages or expenses occasion to the vendor by the non-performance of all of the terms and conditions of the contract or any of them including but without prejudice to the general foregoing the non-payment of the deposit in whole or in part of the purchase price or any other monies which may become due on completion. it is agreed that any neglect or performance on the part of the vendor in importing or giving time to the purchaser for the performance of the terms and conditions under the contract shall not in any way release in respect of liability under the conditions.
2. Prospective buyers should always check the addendum sheet and late entry sheet to see if there are any alterations or amendments to a particular of the property or properties they are interested in bidding for these are available from the auction department or at the sale prior by telephone or email.
22. Were such party consist of two or more person’s be deemed to be joint and several liable.
23. In the event of the purchase of being a limited company or a non-natural body it is agreed that this contract is being entered into in respect of the person whose bid the auctioneer has accepted in consideration of this contract being entered into at the request of the grantor the warrants that the purchasers is a properly constituted a limited company at the company is in power to purchase and take on a lease or otherwise acquired any lands or buildings or estate or interest in any rights connected with such lands or buildings therein and that he has authority to bind the company to this contract as agent on its behalf and guarantees to the vendor as witnessed in this agreement the general conditions of sale and special conditions shall be deemed to having been signed off both by the agent and by the company.
7. Prospective buyers are strongly advised to check these particulars as to measurements areas and all other matters in which the properties are exposed to be subject to and have the benefit of and in respect of the content fixtures and fittings expressed to be included in the sale by making inspection the properties and all the necessary requirements with London City Auctions, the seller and the sellers professional advisers and all other appropriate authorities as the buyer deems necessary all measurements and areas referred to in these particulars and this catalogue are approximate only.
5. The successful bidder must sign an exchange with one of the auctioneer’s staff and present a 10% deposit of the purchase price subject to a minimum of £5,000. In default of any of the above the auctioneer shall be entitled of agent to the seller to treat this as a failure or default as repudiation and rescind the contract there after the auctioneer shall be entitled if he or she chooses to do so to resubmit the property for sale if a successful bidder does not pay the deposit and or complete the memorandum the seller reserves the right to claim any loss suffered as a result of
9. Buyers are advised to view any special conditions in respect of the precise interest to be conveyed upon purchase 10. Any guide price is issued, or any estimates or values mentioned, or discussions should not be relied upon by prospective buyers as representing professional valuations or for the purposes in accordance with the requirements and guidance note of the relevant bodies such as the RICS or other authorities.
6. The seller has the right to sell before auction or withdraw the lot and neither the auctioneer nor the seller is responsible for any abortive costs losses or damages made to the prospective buyer. Information on presale lots or withdrawals can be obtained from the auctioneers at any time.
13. The sale of each lot shall be subject to incorporate the following documents as these general conditions of sale incorporate the standard conditions of sale 5th edition where any inconsistency results these general conditions of sale shall have presidents.
21. Upon the property being knocked down the successful bidder must upon being asked by the auctioneer give his name and address if not already done on all agreements and warranties given by or on behalf of the purchaser or the Grantor as defining the general conditions pursuant to the particulars of the conditions of sale
4. On a property being knocked down the successful bidder must immediately present to the auctioneer’s clerk his name and address if appropriate the name and address of the person of the company for whom he is buying this information will be used to complete the memorandum of contract as included in this catalogue.
12. Inspection and Investment properties is courtesy of the tenants where applicable inspect properties with vacant possession only by arrangement with the auctioneers. Interested parties must ring the office and discuss their viewing arrangements.
15. The auctioneers may by announcement made at the commencement of the auction or when calling the lot or at the time prior to the lot being knocked down reasonably change the number and identity of the documents to be incorporated in the sale provided that the auctioneer shall use his reasonable endeavors to make such a variation as early as possible before the auction.
26. The purchaser shall accept that vacant possession is given of the whole or part or any part offered with vacant possession not withstanding that there may be furniture fittings effects remaining that shall not be
8. All location plans are published subject to the particulars of sale and enable prospective buyers, only to locate the lot. The plans and photographs that are reproduced therefore are not to scale and are not intended to depict the interest to be sold and are for identification purposes only the boundary lines and numbers on the photographs are only given to enable prospective buyers to locate the property and are not intended to depict the interest be sold
16. A copy of the standard conditions and element plans may be inspected at the offices of the auctioneers or on their website before the sale. Special conditions of sale and particulars of the auction are included with the auction catalogue save to the extent of any immediately before the sale special conditions are stated to be available upon application as all these general conditions. The purchaser shall read and understand the contents of the documents subject to each lot which is sold and the purchase of seek out professional advice as appropriate on those documents.
18. Standard conditions shall be read as follows apportionment of incoming outgoing shall be made with effect from the date of the actual completion and if the sale shall not be completed on the completion date other than due to the default of the vendor the vendor shall be entitled to receive the income from the property and the purchaser shall pay the vendor compensation calculated at contract rate on the purchase price giving credit for the deposit paid if any from the completion date to the date of actual completion
11. Prospective buyers are deemed to have relied upon their own knowledge or advice of their own professionals.
19. The sale is subject to a reserve price for each of the properties and the vendor has the right to bid both up to but not including the reserve price through the auctioneer at the auction.
25. If the purchaser shall enter into liquidation The Liquidator shall disclaim the contract and the vendor within 28 days of such disclaim give 14 days’ notice and accept assurance that the property may be resold.
General and special conditions of sale for London City Auctions property auctions
14. Special conditions of sale will be attached to the contract special conditions of sale take precedence over the general conditions of sale important notice to bidders must be read which forms part of the auction catalogue. particulars of the lot which form part of the auction catalogue and any relevant and referred to in the particulars and all the special conditions.
29. The purchase of warrants that any cheque tendered by him by way of a deposit will be met upon the first representation and the drawer expressly waives the right to notice of dishonored cheque.
49. Neither the vendor nor the purchaser may rely on the presentation made by the other unless the representation has been made in writing if information is required about the property the purchaser shall check with their acting conveyancer.
45. Each property shall from the date of contract be at the sole risk of the purchaser.
49. Misrepresentation act 1967 all statements contained in the foregoing particulars are made in so far as the law allows without accountability on the part of the auctioneers all the vendors and all statements of opinion and not to be taken as implying a statement of representation or fact and any intending purchasers must satisfy himself by inspection or otherwise as to the correctness of each statement contained within these particulars however the vendor will take reasonable care in describing the property.
28. The deposit of 10% plus the buyer’s premium if applicable whichever shall be greater shall be paid to London City Auctions head office immediately after the sale as agents the vendor.
37. Whilst reasonable care has been taken by and on behalf of the vendors to ensure that all statements in the particulars and conditions of sale are accurate purchasers should note to take necessary steps to verify the accuracy of all such statements by inspection survey or by taking professional advice.
33. Where the special condition of sale of any property is sold subject to any lease covenant restriction or other matter a copy of the Title covenant or restriction or other matter may be provided for in the special conditions and be inspected at the head office of the solicitor for the vendor and the auction department at any time during normal office hours or in the saleroom immediately prior to the sale.
41. The property is sold subject to all local land charges subject to the provisions where the registered or not prior to the date of contract and all matters capable of registration as local land charges whether or not actually registered.
39. Notwithstanding anything in the special or general conditions of sale or in the particulars no representation or warranty of or warranty as to condition shall be made or implied either after the state and the condition of the property or any part thereof or as whether the same is subject to any resolution scheme development or improvement, improvement notice or scheme sanitary notice or notices or information notices or notices of proposals under the proposed schemes except where the auctioneer has expressly made or given such a representation or warranty as to condition without any other condition. No objection or requisition shall be raised as to the permitted user of the property for the purposes of the town and Country planning Act 1990.
32. The tenure of the property and the estate or interest sold are as stated in the particulars and or special conditions in the case of land where the title is registered at HM land registry HM land registry this title shall be deduced and consisted of the copy of the entries on the register and of title plan in the case of land where the title is not so registered it shall be deduced as it is provided in the special conditions.
31. For further avoidance of doubt no proceedings brought by London City Auctions Ltd upon a cheque which is dishonored shall constitute a waiver or repudiation nor an election by the vendor to treat the failure to pay the deposit as a repudiation
27. The property if a house or part of a house may not be occupier immediately for legal reasons having matters referred to in the sub paragraphs the common auction conditions.
30. For the avoidance of doubt the contract for the sale of each Lot shell be concluded upon the auctioneer or the auction web platform knocking down the lot to the purchaser. The payment of the deposit by the purchaser on the signing of the memorandum of contract by the purchaser shall be pre-conditions of the contract.
42. All notice is served, and other demands proposed housing requirements made by the local, local public or other competent authority whether before or after the date of contract, all legal easements benefiting the owners or occupiers of other property and in the event of title to the property being registered any of the makers which are subject to section 70 paragraph 1 of the land registration act 1925 declaration of overriding interests.
38. The purchaser confirms he will make local land charge searches and enquiries prior to the auction and the purchaser further confirmed that he has inspected survey and taken all professional advice as appropriate prior to bidding at the auction.
44. Each purchase should take all reasonable care and necessary inspections surveys enquiries as to the state of repair and condition of the property and to any tenancies.
47. The vendor shall not be required to reconcile differences between the description of any lot and the properties sold or furnish evidence of any change in the ring of the property and shall not be bound to show any title or boundary division walls or fences of the ownership thereof however the vendor and the others will take reasonable care when describing the property.
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46. Nothing shall be incorporated in any sale either collateral or indirectly whether by way of condition warranty or representation as to whether the use of the property sold subject to any tenancy or tenancies there are subsisting and sub tenancies in similar such occupation whether or not any such shall be disclosed before the option the purchaser shall be deemed to purchase with full knowledge of any such sub tenancy and some keys or occupation that there may be whether or not he shall have inquired of the auctioneers or have inspected and no obligation shall be taken or requisition made on or after.
34. Where there are any inconsistencies arising out of the particulars and or special conditions as to whether vacant possession is given on completion it shall be assumed that vacant possession is not to be given on completion 35. Completion of the purchase shall take place at the office of the vendors solicitor whenever they shall so direct four weeks from the date of the contract or at the opinion of the vendor in case the property is sold subject to and with the benefit of weekly tenancies the completion date shall be the first Monday or any other rent payment day falling after the fourth week from the date of such contract.
40. Each purchaser shall satisfy himself or herself of ownership electrical wiring fittings gas installations and other such installations within the property sold as in some cases the same can be on hire purchase or subject to other supply company agreements.
43. All matters which would have been revealed at the date of contract by searches enquiries or inspectorate inspection by a prudent purchaser would make but provided that the vendors and the auctioneers should take reasonable care to describe the property and matters affecting the property.
48. The vendor does not make or give any implied representations or warranties about the property and the vendor is only taken to make or give any representation or warranty that the property if those representations are expressly stated by the vendors solicitor.
50. The purchaser hereby expressly agrees that the interest made up on the deposit paid by him or her shall be applied for the benefit of the auctioneers and this conditions shall continue as a separate agreement between the purchaser and the auctioneers.
36. The vendor shall not be required to convey the whole or any part of the property to the purchaser and shall not be required to execute a conveyance other than of the whole of the property at a price different from that stated in the contract and special conditions to that same contract
The RICS reserves the right to withdraw its licence to use this and any previous edition of the Common Auction Conditions. The CAC can be viewed and downloaded from Thewww.rics.org.ukwordsinitalics do not form part of the CAC
ARREARS Arrears of rent and other sums due under the TENANCIES and still outstanding on the ACTUAL COMPLETION DATE.
Auction Conduct Conditions (Compulsory)
AUCTION
COMPLETION Unless the SELLER and the BUYER otherwise agree, the occasion when they have both complied with the obligations under the CONTRACT that they are obliged to comply with prior to COMPLETION, and the amount payable on COMPLETION has been unconditionally received in the SELLER’S conveyancer’s client account (or as otherwise required by the terms of the CONTRACT).
The SALE CONDITIONS headed ‘GENERAL CONDITIONS OF SALE’, including any ExTRA GENERAL CONDITIONS. INTEREST RATE If not specified in the SPECIAL CONDITIONS, the higher of 6% and 4% above the base rate from time to time of Barclays Bank plc. The INTEREST RATE will also apply to any judgement debt, unless the statutory rate is higher.
OLD ARREARS ARREARS due under any of the TENANCIES that are not “new tenancies” as defined by the Landlord and Tenant (Covenants) Act 1995.
TENANCY SCHEDULE The schedule of TENANCIES (if any) forming part of the SPECIAL CONDITIONS.
TUPE The Transfer of Undertakings (Protection of Employment) Regulations 2006. VAT Value Added Tax or other tax of a similar nature.
ACTUAL COMPLETION DATE
Sale Conditions (General Conditions compulsory, template forms optional)
EXTRA GENERAL CONDITIONS
PRICE The price (exclusive of VAT) that the BUYER agrees to pay for the LOT.
TENANCIES Tenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them.
ARREARS SCHEDULE The arrears schedule (if any) forming part of the SPECIAL CONDITIONS.
PRACTITIONER An insolvency practitioner for the purposes of the Insolvency Act 1986 (or, in relation to jurisdictions outside the United Kingdom, a person undertaking a similar role).
Introduction
The RICS owns the copyright in all editions of the Common Auction Conditions (CAC), but permits the free use of Edition 4.0 if the user: • relies on its own legal advice as to whether the CAC are suitable; • agrees that the Royal Institution of Chartered Surveyors and those who advised it have no liability to anyone who uses or relies on the CAC; • reproduces the compulsory sections of the CAC without any changes, except as stated in the text; • acknowledges that the CAC are reproduced with the consent of the RICS; and • refers to the Conditions as the Common Auction Conditions (Edition 4.0).
londoncityauctions.com Call us on 0207 0789755 or 01636 558200 | 111 Common Auction Conditions Relating to the Properties in England and Wales (except for Lots in Scotland where Scottish Articles of Roup will prevail and are available from the seller’s conveyancer) Important Notice to buyers at an London City Auction If you buy a lot you will sign a sale memorandum under which you agree to be bound by the conditions of sale that apply to that lot. These conditions are: • General conditions that apply to all lots • Any extra general conditions in the catalogue or an addendum • Special conditions that only apply to the lot you are buying (and which may vary the general conditions)The conditions are legally binding. A prudent buyer will, before bidding for a lot at an •auction:Takeprofessional 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 or website is accurate • Have finance available for the deposit and purchase price • Check whether VAT registration and election is Theadvisableconditions 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. Common Auction Conditions for Real estate Auctions Edition 4.0 © Royal Institution of Chartered Surveyors 2016 Produced by RICS Real Estate Auction Group. The authors and publishers accept no responsibility for loss occasioned to anyone who uses any of the material included in this publication. All who use it must rely on their own professional advice. Where the auctioneer is a member of the RICS and uses the Common Auction Conditions the auctioneer must also comply with the current RICS Guidance for Auctioneers Selling Real Estate.
The Auction Conduct Conditions govern the relationship between the auctioneer and anyone who participates in the auction. They apply wherever the property is located, and cannot be changed without the auctioneer’s agreement. We recommend that these conditions are set out in a two-part notice to bidders, part one containing advisory material – which auctioneers can tailor to their needs – and part two the auction conduct conditions and any extra auction conduct conditions.
VAT OPTION An option to tax. WE (AND US AND OUR) The AUCTIONEERS. YOU (AND YOUR) Someone who has seen the CATALOGUE or who attends or bids at or otherwise participates in the AUCTION, whether or not a BUYER.
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).
Auction Conduct Conditions
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.
The Sale Conditions apply only to property in England and Wales, and govern the agreement between each seller and buyer. They include general conditions of sale and template forms of special conditions of sale, tenancy and arrears schedules and a sale memorandum. They must not be used if other standard conditions apply. The template forms of special conditions of sale, tenancy and arrears schedules are not reproduced in the catalogue. Refer to the seller’s conveyancer’s legal pack.
SALE CONDITIONS
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. AGREED COMPLETION DATE Subject to CONDITION G9.3: (a) the date specified in the SPECIAL CONDITIONS; (b)or 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. APPROVED FINANCIAL INSTITUTION Any bank or building society that is regulated by a competent UK regulatory authority or is otherwise acceptable to the AUCTIONEERS.
PARTICULARS The section of the CATALOGUE that contains descriptions of each LOT (as varied by any ADDENDUM).
The GENERAL CONDITIONS as varied by any SPECIAL CONDITIONS or ADDENDUM.
TRANSFER Transfer includes a conveyance or assignment (and “to transfer” includes “to convey” or “to assign”).
This glossary applies to the AUCTION CONDUCT CONDITIONS and the SALE CONDITIONS. It is a compulsory section of the Common Auction WhereverConditions.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 appear in small capitals they have the specified meanings.
The conditions so headed, including any extra auction conduct conditions. AUCTIONEERS The auctioneers at the AUCTION. BUSINESS DAY Any day except (a) Saturday or Sunday or (b) a bank or public holiday in England and Wales.
CONDITION One of the AUCTION CONDUCT CONDITIONS or SALE CONDITIONS. CONTRACT The contract by which the SELLER agrees to sell and the BUYER agrees to buy the LOT.
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.
Any CONDITIONS added or varied by the AUCTIONEERS starting at CONDITION G30. financial Achargecharge to secure a loan or other financial indebtedness (but not including a rentcharge or local land charge).
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.
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. SPECIAL CONDITIONS Those of the SALE CONDITIONS so headed that relate to the LOT.
GENERAL CONDITIONS
LOT
SALE MEMORANDUM
CONTRACT DATE
The Common Auction Conditions are designed for real estate auctions, to set a common standard across the industry. There are three sections, all of which are compulsory except where stated: Glossary (Compulsory)
The glossary gives special meanings to certain words used in the conditions.
AuctionGlossaryContentsConduct Conditions 1. A1 Introduction 2. A2 Our role 3. A3 Bidding and reserve prices 4. A4 The particulars and other information 5. A5 The contract 6. A6 Extra auction conduct conditions GENERAL CONDITIONS OF SALE G1 The lot G2 Deposit G3 Between contract and completion G4 Title and identity G5 Transfer G6 Completion G7 Notice to complete G8 If the contract is brought to an end G9 Landlord’s licence G10 Interest and apportionments G11 G15G14G13G12ArrearsManagementRentdepositsVATTransferasagoing concern G16 Capital G17AllowancesMaintenance Agreements G18 Landlord and Tenant Act 1987 G19 Sale by practitioner G20 TUPE G21 G27G26G25G24G23G22EnvironmentalServicechargeRentreviewsTenancyrenewalsWarrantiesNoassignmentRegistrationatthe Land Registry G28 Notices and other communications G29 Contracts (Rights of Third Parties) Act 1999 G30 Extra General Conditions SPECIAL CONDITIONS OF SALE Lot Seller’sSellernumberconveyancer Lot WhatTenanciesExclusionsRightsRightsdescriptiongrantedreservedthesaleis subject to Chattels etc RegisteredTitleInsuranceDeposit or unregistered Title AgreedTransferguaranteecompletion date Additional amounts payable at completion Interest rate CapitalVATArrears AmendmentsWarrantiesEnvironmentalTUPEMaintenanceallowancesAgreementstothegeneral conditions Extra special conditions Arrears SaleTenancyScheduleScheduleMemorandumGlossary
The auction advertised in the CATALOGUE. AUCTION CONDUCT CONDITIONS
CATALOGUE The catalogue for the AUCTION as it exists at the date of the AUCTION (or, if the catalogue is then different, the date of the CONTRACT) including any ADDENDUM and whether printed or made available electronically.
The date of the AUCTION or, if the LOT is sold before or after 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 (apart from FINANCIAL CHARGES).
A6.1 Despite any SPECIAL CONDITION to the contrary the minimum deposit WE accept is £5000 (or the total price, if less). A SPECIAL CONDITION may, however, require a higher minimum deposit. A6.2 AUCTION CONDUCT CONDITION A5.5(b) shall be read as follows: “is to be held as stakeholder unless the SALE CONDITIONS require it to be held as agent for the SELLER; and” A6.3 For the purposes of AUCTION CONDUCT CONDITION A5.5(c) payment by CHAPS from an APPROVED FINANCIAL INSTITUTION will be accepted.
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 (f)wayleaves;outgoings and other liabilities; (g) any interest which overrides, under 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.
A2.4 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.
A6.5 YOU are to provide all information and documentation as WE need from YOU to comply fully with OUR obligations under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (Regulations) The London City Auctions Customer Due Diligence (CDD) form annexed to the Common Auction Conditions must be completed by YOU and the BUYER and the documentation and information provided to OUR satisfaction no later than when the SALE MEMORANDUM is signed. If YOU are acting as an agent for the BUYER, such checks will include written evidence of YOUR authority to bid for and on behalf of the BUYER. If YOU do not satisfy US in all respects for the purposes of the Regulations WE may 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. WE may retain the SALE MEMORANDUM signed by or on behalf of the SELLER until YOU provide the information and documentation WE or the SELLER may require and our validation of it at our and the SELLER’s absolute discretion.
G1.8 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.
(d) 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.
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A5.3 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; (c)andpay the deposit.
G3 BETWEEN CONTRACT AND COMPLETION
A3.1 All bids are to be made in pounds sterling exclusive of VAT. A3.2 WE may refuse to accept a bid. WE do not have to explain why. A3.3 If there is a dispute over bidding WE are entitled to resolve it, and OUR decision is final. A3.4 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. A3.5 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.
G4.3 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(1)(b) of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to any
A2 OUR ROLE A2.1 As agents for each SELLER we have authority (a)to 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.
A5.5 The deposit (a) must be paid in pounds sterling by cheque or by bankers’ draft made payable to US (or, at OUR option, the SELLER’S conveyancer) drawn on an APPROVED FINANCIAL INSTITUTION (CONDITION A6 may state if WE accept any other form of (b)payment)maybe declined by US unless drawn on YOUR account, or that of the BUYER, or of another person who (we are satisfied) would not expose US to a breach of money laundering regulations (c) is to be held by us (or, at OUR option, the SELLER’S conveyancer); and (d) 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 stakeholder unless the SALE CONDITIONS require it to be held as agent for the SELLER.
A6.4 Where the AUCTIONEERS hold the deposit as stakeholder, they are authorised to release any part of it (and interest on it if applicable): (a) to the SELLER’s solicitor at any time prior to COMPLETION to be held in accordance with the SALE CONDITIONS; and (b) to the SELLER on COMPLETION or, if COMPLETION does not take place, to the person entitled to it under the SALE CONDITIONS.
A5.4 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 YOUfor breach of contract; or (b) sign the SALE MEMORANDUM on YOUR behalf.
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. The SELLER must discharge FINANCIAL CHARGES on or before COMPLETION.
G2.2 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. G2.3 Interest earned on the deposit belongs to the SELLER unless the SALE CONDITIONS provide otherwise.
A4.3 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.
A3 BIDDING AND RESERVE PRICES
A5.7 Where WE hold the deposit as stakeholder WE 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.
G4 TITLE AND IDENTITY G4.1 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 to any of the DOCUMENTS that is made available before the AUCTION or any other matter, except one that occurs after the CONTRACT DATE.
Words in small capitals have the special meanings defined in the Glossary. The AUCTION CONDUCT CONDITIONS (as supplemented or varied by CONDITION A6, if applicable) are a compulsory section of the Common Auction Conditions. They cannot be dis-applied or varied without OUR agreement, even by a CONDITION purporting to replace the Common Auction Conditions in their entirety.
A3.6 Where a guide price (or range of prices) is published, that guide price (or the lower end of the range) is the minimum price at which the SELLER might be prepared to sell at the date of the guide price. It is not an indication of the reserve price, which may not be set until the date of the AUCTION.
A5.6 WE may retain the SALE MEMORANDUM signed by or on behalf of the SELLER until the deposit has been received in cleared funds.
G3.5 Unless the BUYER is already lawfully in occupation of the LOT the BUYER has no right to enter into occupation prior to COMPLETION.
A2.2 OUR decision on the conduct of the AUCTION is final. A2.3 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.
A5.8 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.
A6 EXTRA AUCTION CONDUCT CONDITIONS
A5 THE CONTRACT A5.1 A successful bid is one WE accept as such (normally on the fall of the hammer). This CONDITION A5 applies to YOU only if YOU make the successful bid for a LOT. A5.2 YOU are obliged to buy the LOT on the terms of the SALE MEMORANDUM at the PRICE YOU bid (plus VAT, if applicable).
G1.7 The LOT does not include any tenant’s or trade fixtures or fittings. The SPECIAL CONDITIONS state whether any chattels are included in the LOT, but if they are: (a) the BUYER takes them as they are at COMPLETION and the SELLER is not liable if they are not fit for use, and (b) the SELLER is to leave them at the LOT.
A1 INTRODUCTION A1.1 The AUCTION CONDUCT CONDITIONS apply wherever the LOT is located. A1.2 If you make a bid for a LOT or otherwise participate in the AUCTION it is on the basis that YOU accept these AUCTION CONDUCT CONDITIONS. They govern OUR relationship with YOU. They can be varied only if WE agree.
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.
G3.2 If the SELLER is required to insure the LOT then the SELLER (a) must produce to the BUYER on request all relevant insurance details; (b) must use reasonable endeavours to maintain that or equivalent insurance and pay the premiums when due; (c) gives no warranty as to the adequacy of the insurance; (d) must 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) must, 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 as from the CONTRACT DATE (to the extent not already paid by the BUYER or a tenant or other third party).
A2.5 WE may refuse to admit one or more persons to the AUCTION without having to explain why.
G1.9 The BUYER admits that it is not relying on the information contained in the PARTICULARS or on any representations made by or on behalf of the SELLER but the BUYER may rely on the SELLER’s conveyancer’s written replies to written enquiries to the extent stated in those replies.
G2 DEPOSIT
G4.2 The following provisions apply only to any of the following DOCUMENTS that is not made available before the AUCTION:
General Conditions of Sale Words in small capitals have the special meanings defined in the Glossary. The GENERAL CONDITIONS (as WE supplement or change them by any EXTRA GENERAL CONDITIONS or ADDENDUM) are compulsory but may be disapplied or changed in relation to one or more LOTS by SPECIAL CONDITIONS. The template form of SALE MEMORANDUM is not compulsory but is to be varied only if WE agree. The template forms of SPECIAL CONDITIONS and schedules are recommended but are not compulsory and may be changed by the SELLER of a LOT.
A4.2 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.
A4 THE PARTICULARS AND OTHER INFORMATION A4.1 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.
A5.9 Where the BUYER is a company YOU warrant that the BUYER is properly constituted and able to buy the LOT.
G1.1 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 is that referred to in the SALE MEMORANDUM.
(a) 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 (b)sold.If the LOT is not registered land the SELLER is to give to the BUYER within five BUSINESS DAYS of the CONTRACT DATE 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.
(c) If title is in the course of registration, title is to consist of: (i) certified copies of the application for registration of title made to the Land Registry and of the DOCUMENTS accompanying that application; (ii) evidence that all applicable stamp duty land tax relating to that application has been paid; and (iii) 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.
G1 THE LOT
G3.4 Section 47 of the Law of Property Act 1925 does not apply to the CONTRACT.
G3.1 From the CONTRACT DATE the SELLER has no obligation to insure the LOT and the BUYER bears all risks of loss or damage unless (a) the LOT is sold subject to a TENANCY that requires the SELLER to insure the LOT or (b) the SPECIAL CONDITIONS require the SELLER to insure the LOT.
G2.1 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).
G3.3 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.
A4.4 If WE provide information, or a copy of a document, WE do so only on the basis that WE are not responsible for the accuracy of that information or document.
G7.1
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.
G5.3 The SELLER cannot be required to transfer the LOT to anyone other than the BUYER, or by more than one TRANSFER.
G10.5 If a payment due from the BUYER to the SELLER on or after COMPLETION is not paid by the due date, the BUYER is to pay interest to the SELLER at the INTEREST RATE on that payment from the due date up to and including the date of payment.
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.
G9.1 Where the LOT is or includes leasehold land and licence to assign or sublet is required this CONDITION G9 applies.
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; (c)andthat 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.
G9.4 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 (“AGA”) properly required (procuring a guarantee of that AGA if lawfully required by the landlord).
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.
G5.1 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.
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G9.6 If within three months of the CONTRACT DATE (or such longer period as the SELLER and BUYER agree) the SELLER has not given licence notice to the BUYER 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 the SELLER has given licence notice. That termination is without prejudice to the claims of either SELLER or BUYER for breach of this CONDITION G9.
G10.3 Income and outgoings are to be apportioned at the 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.
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.
G7 NOTICE TO COMPLETE
G5 TRANSFER
G13.2 The remainder of 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.
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.
G12 MANAGEMENT
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 as to 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.
G13.4 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; (c)andgive such direct covenant to the tenant as may be required by the rent deposit deed.
G9.2 The CONTRACT is conditional on that licence being obtained, by way of formal licence if that is what the landlord lawfully requires.
G13 RENT DEPOSITS
G10 INTEREST AND APPORTIONMENTS
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; (b)andthe 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.
G7.2 The person giving the notice must be READY TO COMPLETE.
G13.1 Where any TENANCY is an assured shorthold tenancy, the SELLER and the BUYER are to comply with their respective statutory duties in relation to the protection of tenants’ deposits, and to demonstrate in writing to the other (before COMPLETION, so far as practicable) that they have complied.
G16.1 This CONDITION G16 applies where the SPECIAL CONDITIONS state that there are capital allowances available in respect of the LOT.
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 (or 366 in a leap 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.
G11.3 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.
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.
G7.4 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.
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 promptly pay to the BUYER after COMPLETION any sum to which the BUYER is entitled that the SELLER subsequently receives in cleared funds.
G9.5 The BUYER must promptly (a) provide references and other relevant information; and (b) comply with the landlord’s lawful requirements.
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 on the most recent rent payment date on or within four months preceding COMPLETION.
G6.3 Payment is to be made in pounds sterling and only by (a) direct transfer from the buyer’s conveyancer to the SELLER’s conveyancer; (b)andthe release of any deposit held by a stakeholder or in such other manner as the SELLER’s conveyancer may agree.
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.
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 money due from the BUYER at COMPLETION for the period starting on the AGREED COMPLETION DATE and ending on the ACTUAL COMPLETION DATE.
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 (b)group;ithas 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.
G9.3 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 (“licence notice”).
G13.3 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.
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.
G4.6 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 Money Laundering Regulations and Land Registry Rules.
G5.2 If the SELLER has any liability (other than to the BUYER) 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.
G6.4 Unless the SELLER and the BUYER otherwise agree, COMPLETION cannot take place until both have complied with the obligations under the CONTRACT that they are obliged to comply with prior to COMPLETION, and the amount payable on COMPLETION is unconditionally received in the SELLER’s conveyancer’s client account or as otherwise required by the terms of the CONTRACT.
G9 LANDLORD’S LICENCE
G4.5 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.
G6.5 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.
G16 CAPITAL ALLOWANCES
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.
G4.4 The TRANSFER is to have effect as if expressly subject to all matters subject to which the LOT is sold under the CONTRACT.
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 has to recover those ARREARS. Part 3 – buyer not to pay for arrears G11.7 Part 3 of this CONDITION G11 applies where the SPECIAL CONDITIONS (a) so state; or (b) give no details of any ARREARS. G11.8 While any ARREARS due to the SELLER remain unpaid the BUYER must: (a) try to collect them in the ordinary course of management but need not take legal proceedings or forfeit the TENANCY; (b) pay them to the SELLER within five BUSINESS DAYS of receipt in cleared funds (plus interest at the INTEREST RATE calculated on a daily basis for each subsequent day’s delay in payment); (c) on request, at the cost of the SELLER, assign to the SELLER or as the SELLER may direct the right to demand and sue for OLD ARREARS, such assignment to be in such form as the SELLER’s conveyancer may reasonably require; (d) if reasonably required, allow the SELLER’s conveyancer to have on loan the counterpart of any TENANCY against an undertaking to hold it to the BUYER’S order; (e) not without the consent of the SELLER release any tenant or surety from liability to pay ARREARS or accept a surrender of or forfeit any TENANCY under which ARREARS are due; and (f) if the BUYER disposes of the LOT prior to recovery of all ARREARS obtain from the BUYER’S successor in title a covenant in favour of the SELLER in similar form to part 3 of this CONDITION G11.
G6.6 Where applicable the CONTRACT remains in force following COMPLETION.
G16.2 The SELLER is promptly to supply to the BUYER
G5.4 Where the SPECIAL CONDITIONS state that the SELLER is to grant a new lease to the BUYER (a) the CONDITIONS are to be read so that the TRANSFER refers to the new lease, the SELLER to the proposed landlord and the BUYER to the proposed tenant; (b) the form of new lease is that described by the SPECIAL CONDITIONS; and (c) the SELLER is to produce, at least five BUSINESS DAYS before the AGREEDCOMPLETION DATE, the engrossed counterpart lease, which the BUYER is to sign and deliver to the SELLER on COMPLETION G6 COMPLETION G6.1 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. G6.2 The amount payable on COMPLETION is the balance of the PRICE adjusted to take account of apportionments plus (if applicable) VAT and interest, but no other amounts unless specified in the SPECIAL CONDITIONS.
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.
G7.3 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.
G19.6 The BUYER understands this CONDITION G19 and agrees that it is fair in the circumstances of a sale by a PRACTITIONER.
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.
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 (a)practicable:procurethat it becomes registered at the 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 (a)practicable:applyforregistration 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 the Land Registry relating to the application.
G22.2 No apportionment is to be made at COMPLETION in respect of service charges.
G25.3 If a warranty is not assignable the SELLER must after COMPLETION: (a) hold the warranty on trust for the BUYER; (b)andat 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.
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.
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.
The following general conditions are to be treated as being amended as follows:
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.
G22.4 In respect of each TENANCY, if the service charge account shows: (a) that payments that the tenant has made on account exceed attributable service charge expenditure, the SELLER must pay to the BUYER an amount equal to that excess when it provides the service charge account; (b)or that attributable service charge expenditure exceeds payments made on account, the BUYER must use all reasonable endeavours to recover the shortfall from the tenant as soon as practicable and promptly pay the amount so recovered to the SELLER; but in respect of payments on account that are still due from a tenant CONDITION G11 (ARREARS) applies.
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 as to 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.
G22.6 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.
G22 SERVICE CHARGE G22.1 This CONDITION G22 applies where the LOT is sold subject to TENANCIES that include service charge provisions.
G20 TUPE
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G19 SALE BY PRACTITIONER
G17MAINTENANCE AGREEMENTS
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.
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 (a)showing: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.
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.
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.
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 agreements from the ACTUAL COMPLETION DATE.
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; (b)andto submit the value specified in the SPECIAL CONDITIONS to HM Revenue and Customs for the purposes of their respective capital allowance computations.
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.
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.
G23.8 The SELLER and the BUYER are to bear their own costs in relation to rent review negotiations and proceedings.
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 TENANCY RENEWALS
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.
G24.5 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.
G26 NO ASSIGNMENT
G25 WARRANTIES
G27 REGISTRATION AT THE LAND REGISTRY
G28 NOTICES AND OTHER COMMUNICATIONS
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.
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 acknowledgement(automaticdoesnot 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 (a)received: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.
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.
G29 CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999 No one is intended to have any benefit under the CONTRACT pursuant to the Contracts (Rights of Third Parties) Act 1999.
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.
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.
G16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the SPECIAL CONDITIONS.
G30 EXTRA GENERAL CONDITIONS
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.
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.
1. Condition A1.2 of the AUCTION CONDUCT CONDITIONS shall be amended by adding the words ‘in writing’ at the end. 2. Condition G6.3(a) shall be amended to read: “BUYER’S conveyancer to the SELLER’s conveyancer; and”
G25.1 Available warranties are listed in the SPECIAL CONDITIONS. G25.2 Where a warranty is assignable the SELLER (a)must: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.
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.
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