Thursday 8th September 2022 At 5pm prompt AUCTIONSPROPERTYLANDNATIONALANDNALCAuctions NALC Auctions (Head Office) Second Floor | The Kiln | Mather Road Newark-on-Trent | Nottinghamshire | NG24 1FB t 01636 558200 | e www.nalcauctions.cominfo@nalcgroup.co.uk
63nalcauctions.com Upcoming Auction Programme 2022 Newark 20th October 2022 24th November 2022 15th December 2022 London 13th October 2022 17th November 2022 14th December 2022 Held at: Hard Rock Hotel, Great Cumberland Place, Marylebone, London, W1H 7DL General 27th October 2022 8th December 2022 nalcauctions.com
64 nalcauctions.com Venue NALC Auctions (Head Office) Second Floor The T:info@nalcgroup.co.ukwww.nalcauctions.comNG24NottinghamshireNewark-on-TrentMatherKilnRoad1FB01636558200 TO ACCESS OUR ONLINE AUCTION PLEASE FOLLOW THE https://www.easyliveauction.com/nalcauctions/LINK: OR CLICK HERE iFurther information Contract charge and documentation charge A Buyer’s Administrative fee of £850 + VAT is payable at the same time as the contractual deposit on each lot purchased. In the event of non-payment, 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 nalcauctions.com. Guide and reserve price 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. A46 GreatNRdKelham Rd OssingtonWay TolneyLn Newa k Castle MannersRd
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.
• If successful, the auctioneer will complete the memorandum of sales on the buyer’s behalf immediately post auction.
5. There may be updates 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 OnlineAuction-NALC.https://www.lslauctions.com/Youare 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.
12. Each successful buyer will be required to pay to NALC Buyers contract documents fee of £850 + VAT on ex change of contracts for each lot purchased.
• 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.
• All lots offered are subject to an undisclosed reserve price.
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.
17. Bidding•Theauctioneer will announce each lot and refer to any last minute changes.
65nalcauctions.com Important notice Guide to buying at auction 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 3. 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. 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 inspection/ measuring.
• 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.
18. After the (online) auction
19. All buyers shall also be obliged to pay our accounts administration charge of £150 + VAT.
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.
• The auctioneer will provide a hard and soft copy of the exchanged contract to both parties within 24hours post auction.
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.
• The auctioneers shall account out to all parties the balance of their deposit and/or outstanding balance, within 5 working days post auction.
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 auctioneer will invite bids at a particular level and you can make this bid by typing in your offer.
• 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.
10. The successful bidder must pay the deposit bypersonal 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 ‘NALC Auctions’. We are unable to accept the deposit payment in cash.
16. Before bidding all bidders need to provide a valid form of ID. Please refer to the bidder registration form in the catalogue or contact us. The deposit and the buyer’s premium need to be transferred or agreed with the auctioneer in writing prior to authorisation to bid online.
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.
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 documentation/special conditions.
15. Guide prices are for guidance purposes only, and represent the range within which the reserve (The minimum figure at which the lot can be sold) may be set at the time of the catalogue printing. Guides may change at any time before the auction, and properties could sell above or below the figures quoted, but we do update them on our auction websites each working day up to the last day before the auction, and they are shown in the addendum.If a change occurs after this publication deadline then an announcement will be made from the rostrum. If the final guide price is stated as a single figure then the reserve will be within 10% of the stated figure.
If you have any questions on bidding or registration don’thesitate to call us on 01636 558 200 oremail us at sales@nalcgroup.co.uk
To bid in person you can register on the day or pre-register via our website.Don’t forget to bring your ID Documents (Passport or Driving Licence plus proof of address) –please refer to page 68 of this catalogue for a full list ofacceptable documentation. Please ensure have means to pay the deposit andour Contract Documentation fee.
ONLINE BIDDING
BIDDING OPTIONS
The easiest way to register is by contacting our office or click on the online bidding link on our homepage and follow the instructions. You will be asked to complete a Credas anti-money laundering check, provide the Buyer name for the contract, state your source of funds and pay the initial security deposit. Once these steps are complete you will be all set for online bidding!
TELEPHONE BIDDING
IN PERSON BIDDING
PROXY BIDDING
66 nalcauctions.comPlease 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.
This will be a live auction held at our Newark office. You have four options to bid. In person, by attending the venue on the day, bid online, bid by telephone or by proxy.
We agree a limit prior to the auction and bid on your behalf in the auctionroom. Complete the form on pages 99-100 of this catalogue confirming yourmaximum bid and return to us by the deadline. We will then send you a link to complete our required identity verification checks. You will also need to pay a contract deposit (minimum of £500) plus our Contract fee of £1,000.
We will call you when the lot you are interested in comes up and take livebids from you over the telephone. Complete the form on p99-100 of this catalogue and return to us. We will then send you a link to complete our required identity verification checks. You will also need to pay a contractdeposit in advance (minimum of £500) plus our Contract fee of £1,000.
You will need to be pre-registered to bid and have paid a security deposit of a minimum of £500 (£2,000 deposit for lots over £3,000, £4,000 deposit for lots over £100,000 and £5,000 deposit for all overseas buyers). If successful, this initial payment will form part of the deposit payable on the fall of the gavel. The remainder of which will need tobe paid immediately after your winning bid. If you are not the winning bidder your initial deposit will be released and returned to you within 48 hours.
4.
• Proof of residential address such as a utility company or council tax bill or bank statement within the last three months
2. Documentary evidence of the link between the bidder/buyer and the funds provider ID means the originals of • Photo ID issued by a government authority with full name, date of birth, passport, driving license
we
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 NALC director as soon as possible before the auction. 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.
•
We
Who Minimum requirements
By Law 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.
Requirements for bidders and buyers under the money laundering regulation
The Regulations requires us to carry out customer due diligence. This includes the identification of: The Buyer The Bidder – if different from the buyer and • The person providing funds for the deposit
1. Certificate of Incorporation
Provider of funds for deposit
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. 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.
Bidder (individual bidding at the auction)
1. The deposit must be paid from bank or building society that is regulated by a Competent UK Regulatory Authority
2. Memorandum of association and evidence of the registered office
•
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.
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
67nalcauctions.com
3. Proof of Registered Office Address Full Name of Board of Directors ID for the individual(s)controlling the transaction 6. ID for the individual(s) who (directly or indirectly) holds more than 25% of the capital, profits or voting rights
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.
Trusts 1. Copy of the trust deed 2. ID for two trustees, including the trustee controlling the transaction ID for any beneficiary with an interest of more than 25% Foreign companyRegistered
3.
3. Register of shareholders, including those for parents companies and group structure if applicable 4. ID for the individual(s) who (directly or indirectly) holds more than 25% of the capital, profits or voting rights and for the controlling part if different
2.
5.
ID relating to all the buyer(s) UK registered Limited Company or Limited Liability Partnership
7. For an LLP, ID for 2 designated members
Unincorporated business or part nership 1. ID for the individual(s) controlling the transaction 2. ID for the individual(s) who (directly or indirectly) holds more than 25% of the capital, profits or voting rights
1. Registration number 2. Certificate of Incorporation
68 nalcauctions.com Meet the team Dr. A. Rahman &ofbarristersDoctorConsultantAttorneyY.AL-KhashramRashid&LegaloflawandatcourtCassationArbitration Samraa EuropeSociety,andArbitrationAlqaseerCouncilLawyertoJudgesBahrainand Chell ManagerAuctionWillisAdministrator 01636 chell@nalcgroup.co.uk558200 Chris DirectorPropertyMarchManagement 01636 558200 Michael Atwood Senior Auction Surveyor & Auctineer 01636 londoncityauctions.commichael@558200 Cecilia administratorLondonSalazarauction 01636 cecilia@nalcgroup.co.uk558200 Emma LondonAuctionWhibleyAdministrator,CityAuctions 01636 emma@nalcgroup.co.uk558200 Charlie-Ann Bennett Senior Sales Negotiator 01636 charlie@nalcgroup.co.uk558200 Ciaran Stow Junior Sales Negotiator 01636 sales@nalcgroup.co.uk558200 Wayne Antoine Group Director wayne@nalcgroup.co.uk Edward Swindells Group Consultant Auc tioneer & Valuer 07971 edward@nalcgroup.co.uk033276 Bridgett Dickens Group DirectorCommercial 07843 bridgett@nalcgroup.co.uk656447 Tom NationalBarrettSales Director 01636 tom@nalcgroup.co.uk558200 Dominic Smith Group Chief Operating Offi cer 07770 dominic@nalcgroup.co.uk754424 Abdulla Altamimi Sales Representative Bahrain Office Isa SalesAlagiliRepresentative Bahrain Office Jana LondonLonfeldovaClientLiaison 0207 078 9755 londoncityauctions.comsales@ Natalia AssistantAuctionKirilovaSupport 01636 natalia@nalcgroup.co.uk558200 Shanice Taylor Digital Media and Marketing Manager 01636 nalcgroup.co.ukmarketing@558200 Oliver Bailey Digital Media and Marketing Lead 01636 nalcgroup.co.ukkmarketing@558200 Andy GraphicVeiroDesigner 01636 andy@nalcgroup.co.uk558200 Michael Edwards Junior Sales Negotiator 01636 sales@nalcgroup.co.uk558200 Amber Town Junior Sales Negotiator 01636 sales@nalcgroup.co.uk558200 Erika AccountsDavidsonAssistant 01636 accounts@nalcgroup.co.uk558200 Roseanne Smith Auction AssistantAdministration 01636 info@nalcgroup.co.uk558200 Louis JuniorFosterDigital Media Content Creator 01636 nalcgroup.co.ukmarketing@558200 Ewan FreelanceWilliamsonPhotographer 01636 nalcgroup.co.ukmarketing@558200 Harry Day IT Technician 01636 it@nalcgroup.co.uk558200 Emily AssistantAuctionHinzeAdministration 01636 info@nalcgroup.co.uk558200
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.
Welcome to our new website nalcauctions.com
69nalcauctions.com
you
HD7 5RT £50,000 17 7 Market Street,
Rhyl,
26 Plot
70 nalcauctions.comnote that there may be charges and fees additional to the sale price payable by the successful buyer in respect of the Lot. 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 are advised to check the website regularly for Alderson Street Hartlepool, Cleveland, TS26 9HA £60,000 30 Ash Street, Huddersfield, Yorkshire, HD1 6HN £55,000 B Freehold Flats 1-8, 91 Birch Road, Huddersfield, HD4 7LP £400,000 Blacker Road, Huddersfield, Yorkshire, HD2 2AA £140,000 C Plot 29, Land off Channel Avenue, Porth, Mid Glamorgan, CF39 9EX £3,000 30, Land off Channel Avenue, Porth, Mid Glamorgan, CF39 9EX £3,000 126 Cross Lane, Primrose Hill, Huddersfield, Yorkshire, HD4 6DW £85,000 Farm, Delph Lane, Claughton-On-Brock, Preston, PR3 1UP £360,00 Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG £17,000 6, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG £17,000 B30 Hadlow Road, Tunbridge, Kent, TN10 4LP £3,000 Plot B127, Hadlow Road, Tunbridge, Kent, TN10 4LP £3,000 B128, Hadlow Road, Tunbridge, Kent, TN10 B369 Hadlow Road, Tonbridge, Kent, TN10 Hanson Lane, Huddersfield, Yorkshire, HD1 High Street, Clwyd, A327 Long Reach, Ockham, Woking, Surrey, Reach, Ockham, Woking, Surrey, Reach, Ockham, Woking, Road, Linthwaite, Huddersfield Highfield, Doncaster, Lane, Platt Bridge, Wigan WN2
14 135
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5DG £85,000+ 1 Plot 14, Marriforth Mineral Estate, Newton-Le-Willows, Bedale, North Yorkshire, DL8 1TQ £7,000 29 Plot 16, Marriforth Mineral Estate, Newton-Le-Willows, Bedale, North Yorkshire, DL8 1TQ £7,000 30 N 129 Nairne Street, Burnley, Lancashire, BB11 4PD £47,000 25 16QQueens Crescent, Edlington, Doncaster, DN12 1BE £80,000 7 ApartmentR 18, The Mansion House, Redwing Crescent, Longwood, Huddersfield, HD3 4RL £40,000 13 S 54 Sunny Bank, Hull, HU3 1QL £200,000 9 56 Sunny Bank, Hull, HU3 1QL £200,000 22 Flat 28 Swan Court, Lockwood, Huddersfield, Yorkshire, HD1 3UX £38,000 23 W 46 Weavers Brook, Cumberland Close, Halifax, HX2 8NF £40,000 5 5-11 Wellington Street, Lake District, Cumbria, LA18 4DF £250,000 3 2 sections of Amenity Land at Wingrave Crossroads, Aylesbury Road, Rowsham, HP22 4RH £250,000 15 30 Wood End Road, Armitage Bridge, Huddersfield, Yorkshire, HD4 7NQ £45,000 21 6 Wooller Road, Low Moor, Bradford, Yorkshire, BD12 0RR £75,000 18
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71nalcauctions.com 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. of sale Miller’s Lane, Platt Bridge, Wigan, WN2 5DG £85,000+ Plot B30 Hadlow Road, Tunbridge, Kent, TN10 4LP £3,000 5-11 Wellington Street, Lake District, Cumbria, LA18 4DF £250,000+ 126 Cross Lane, Primrose Hill, Huddersfield, Yorkshire, HD4 6DW £85,000 46 Weavers Brook, Cumberland Close, Halifax, HX2 8NF £40,000 7 Market Street, Highfield, Doncaster, Yorkshire, DN6 7JE £65,000+ 16 Queens Crescent, Edlington, Doncaster, DN12 1BE £80,000 B368 and B369 Hadlow Road, Tonbridge, Kent, TN10 4LP £2,000 Sunny Bank, Hull, Hull, HU3 1QL £200,000+ Blacker Road, Huddersfield, Yorkshire, HD2 2AA £140,000 Farm, Delph Lane, Claughton-On-Brock, Preston, PR3 1UP £360,000 B127, Hadlow Road, Tunbridge, Kent, TN10 4LP £3,000 18, The Mansion House, Redwing Crescent, Longwood, Huddersfield, HD3 4RL £40,000 Freehold Flats 1-8, 91 Birch Road, Huddersfield, HD4 7LP £400,000 of Amenity Land at Wingrave Crossroads, Aylesbury Road, Rowsham, HP22 4RH £250,000 30 Ash Street, Huddersfield, Yorkshire, HD1 6HN £55,000 Manchester Road, Linthwaite, Huddersfield, HD7 5RT £50,000 Wooller Road, Low Moor, Bradford, Yorkshire, BD12 0RR £75,000 Flat 48 Hanson Lane, Huddersfield, Yorkshire, HD1 3UW £90,000 Alderson Street Hartlepool, Cleveland, TS26 9HA £60,000 Wood End Road, Armitage Bridge, Huddersfield, Yorkshire, HD4 7NQ £45,000 56 Sunny Bank, Hull, HU3 1QL £200,000+ 28 Swan Court, Lockwood, Huddersfield, Yorkshire, HD1 3UX £38,000 Hadlow Road, Tunbridge, Kent, TN10 4LP £2,000 129 Nairne Street, Burnley, Lancashire, BB11 4PD £47,000 on the Southside of Fieldside, Coates, Peterborough, 2BG £17,000 Land on the Southside of Fieldside, Coates, Peterborough, 2BG £17,000 High Street, Rhyl, Clwyd, LL18 1EN £195,000 Marriforth Mineral Estate, Newton-Le-Willows, Bedale, North York shire, DL8 1TQ £7,000 Marriforth Mineral Estate, Newton-Le-Willows, Bedale, North Yorkshire, DL8 1TQ £7,000 Land off Channel Avenue, Porth, Mid Glamorgan, CF39 9EX £3,000 Land off Channel Avenue, Porth, Mid Glamorgan, CF39 9EX £3,000 and A327 Long Reach, Ockham, Woking, Surrey, GU23 6PG £2,000 Long Reach, Ockham, Woking, Surrey, GU23 6PG £2,000 Long Reach, Ockham, Woking, Surrey, 6PG £2,000
24 Plot B128,
per plot 9 54
13 Apartment
28 39
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EPC Rating C with possibility of achieving a B 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.
FLOOR
1
72 nalcauctions.comPlease 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.
41
Accomodation
First Floor: Three bedrooms, bathroom with WC. Ground Floor: Reception room, Oustide:kitchen. Front and rear gardens. Tenancy Generating £5,580 P.A. with a £50 P.C.M. increase agreed in May 2022 and again in September 2022. Tenure Leasehold - 952 years remaining. Council Tax Band A Guide Price £85,000+ Millers Lane, Platt Bridge, Wigan WN2
LEASEHOLD TWO MID TERRACE THREE BEDROOM HOUSE - INVESTMENT
LEASEHOLD TWO FLOOR MID TERRACE THREE BEDROOM HOUSE Location Platt Bridge is part of Greater Manchester, 2 miles (3.2 km) south of Wigan town centre along the spine of the A573 road. Shopping and recreational facilities can be found just a short distance away in the town centre of Platt Bridge and ideal for commuter routes to Wigan and Leigh.
Guide Price £3,000 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 £3000 + VAT upon exchange of the contract.
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). Thereserve 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.
Tenure Freehold. Description A rectangular shaped plot, measuring approx. 200 sqm (STMS). 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.
Guide and reserve price
LOT 2 Plot B30 Hadlow Road, Tonbridge, Kent, TN10 4LP
An administrative charge of £1000 is payable at the same time as the contractual deposit on each lot purchased. In the event of non-payment, 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.
FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH
Contract charge and documentation charge
FREEHOLD PLOT OF LAND WITH POSSIBLE FUTURE DEVELOPMENT POTENTIAL APPROX. 200sqm (STMS)
The site can be accessed just off 137 Hadlow Rd, Tonbridge TN9 1QE, heading down the road leading to a barn with a gate nearby accessing the land itself. Being just off A26 North off Tonbridge and just one hour by road south central London. What3words - sand.jelly.scan.
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73nalcauctions.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.
Further information
5-11
LA18 4DF FREEHOLD INVESTMENT POSSIBLE DEVELOPMENT OPPORTUNITY
Description
Guide Price £250,000+ Wellington Street, Lake District, Cumbria,
What3words - elite.seatbelt.
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We are pleased to offer you this property with potential development, it is ideal for residential conversion, subject to obtaining the necessary planning consents. The property consists of a well-established building and has approx. 1,434 square metres with seven commercial units at the ground floor and considerable first and second floor ancillary space. The second and third floor provides significant potential for residential conversion.
micro.LOT 3
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 town of Millom is located on the edge of the wonderful Lakes District in the southern part of Copeland. The property is situated in the centre of Millom upon the junction of Wellington Street and Crown Street. You can find a range of small local shops and amenities including Millon Park just overlooking the property and transport with direct links to rail stations less than 3 miles away.
74 nalcauctions.comPlease 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.
LEASEHOLD TWO FLOOR TWO BEDROOM HOUSE 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, and south is the River Holme's discharge into the similar-sized Colne. The town's historic county is the West Riding of Yorkshire.
LOT 4 126 Cross Lane, Primrose Hill, Huddersfield, Yorkshire, HD4 6DW
LOT 5 46 Weavers Brook, Cumberland Close, Halifax, West Yorkshire, HX2 8NFP
LEASEHOLD TWO FLOOR TWO BEDROOM HOUSE - INVESTMENT Guide Price £85,000 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.
First Floor: Two bedrooms, bathroom with WC. Ground Floor: Reception room, fitted kitchen. Tenure Leasehold - 886 years remaining. Tenancy Currently Tenanted Income £6,600 P.A.. Council Tax Band A EPC Rating C
Accomodation
Accomodation
INVESTMENTLEASEHOLD
ONE BEDROOM APARTMENT Location Halifax, in West Yorkshire is a multi-cultural town with many diverse types of shops and places of interest. Having a train station with links to Manchester and Leeds along with full bus routes to Lancashire and surrounding area. This apartment is within close proximity of an array of shops in and around the local villages including supermarkets, health centres and restaurants.
What3words - than.influencng. exact.
Internally: Open plan living/ kitchen, shower room with WC, double Communalbedroom.areas: Large entrance, post boxes. Externally: Communal garden. Tenure Leasehold - 982 years remaining. Tenancy Currently Tenanted Income £5,700 P.A..
LEASEHOLD ONE BEDROOM APARTMENT - INVESTMENT Guide Price £40,000 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 £3000 + VAT upon exchange of the contract.
75nalcauctions.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.
What3words - rarely.cover. mostly.
Ground Floor: Entrance hall, two reception rooms, kitchen
First Floor: Three bedrooms, bathroom with WC. Ground Floor: Reception room, kitchen, utility. Outside: Rear garden. Tenure Freehold. Council Tax Band A EPC Rating D with a possibility of achieving a B rating.
FREEHOLD TWO BEDROOM TERRACED HOUSE Guide Price £80,000 Council Tax Band A EPC Rating D
Doncaster is a large minster town in South Yorkshire, named after the River Don, which flows through the town. 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.
What3wordsoxidation.mashing.nightfall.
Accomodation
LOT 7 16 Queens Crescent, Edlington, Doncaster, Yorkshire, DN12 1BE
76 nalcauctions.comPlease 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 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 TWO BEDROOM TERRACED LocationHOUSE 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.
What3words - searches.merge. smarting.
FREEHOLD THREE BEDROOM END TERRACE PROPERTY - VACANT POSESSION Guide Price £65,000+ 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 £4000 + VAT upon exchange of the contract.
First Floor: Two bedrooms, bathroom with shower and WC
FREEHOLD THREE BEDROOM END TERRACE
Tenure Freehold. Tenancy Let on an AST – £6,000 P.A.
LocationPROPERTY
Accomodation
LOT 6 7 Market Street, Highfield, Doncaster, Yorkshire, DN6 7JE
Externally: Private rear garden
Viewings
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. Additional information for buyers is available from nalcauctions.com or call our office on 01636 558200.
The site can be accessed just off 137 Hadlow Rd, Tonbridge TN9 1QE, heading down the road leading to a barn with a gate nearby accessing the land itself. Being just off the A26 North of Tonbridge and just one Hour by road south of central London.
77nalcauctions.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.
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.
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. 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.
LOT 8 Plots B368 and B369 Hadlow Road, Tonbridge, Kent, TN10 4LP FREEHOLD PLOT OF LAND WITH FUTURE DEVELOPMENT POTENTIAL
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 £2000 + VAT upon exchange of the contract.
Tenure Freehold. Description 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.
Viewings arrangements for each lot are set from our Newark 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.
FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH
What3words - land.chained. puddles.
Guide Price £2,000 per plot
pardon.LOT 9
FREEHOLD TWO FLOOR MID TERRACE FIVE BEDROOM HOUSE Location Kingston upon Hull, usually abbreviated to Hull, is a port city and unitary authority in the East Riding of Yorkshire, England. It lies upon the River Hull at its confluence with the Humber Estuary, 25 miles (40 km) inland from the North Sea, 50 miles (80 km) east of Leeds, 34 miles (55 km) south-east of York and 54 miles (87 km) north-east of Sheffield. With a population of 259,778 (mid-2019 est.), What3words - senior.sank.
78 nalcauctions.comPlease 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. Accomodation 5 bedrooms. Tenure Freehold. Council Tax Band D EPC Rating E Guide Price £200,000+ 54 Sunny Bank, Hull, HU3 1LQ FREEHOLD TWO FLOOR FIVE BEDROOM MID TERRACE HOUSE - INVESTMENT
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.
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 Tax
LEASEHOLD TWO BEDROOM TERRACED
Band A EPC Rating E Note
LocationHOUSE
79nalcauctions.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. What3words - clash.toned.letter. Accomodation First Floor: Two double bedrooms, bathroom, extra Groundstorage. Floor: Entrance hall, lounge, kitchen. Tenure Leasehold – 947 Years remaining. Tenancy Let on an AST – Income £7,200 P.A. Guide Price £140,000 135 Blacker Road, Huddersfield, Yorkshire, HD2 2AA LEASEHOLD TWO BEDROOM TERRACED HOUSE - INVESTMENT
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.
LOTYorkshire.10 Council
There are local amenities close by including shops and schools.
The property has not been inter nally inspected by the auctioneer prior to going to print. Details provided are from the Vendor/ Agent, Please check the legal pack for further information.
The property is located 10 minutes east of A6 Preston / Lancaster Road from New Lane and Duckett's Lane. Being just 24 miles west of Blackpool and 12 miles North of Preston and with numerous links to the M6 and M62. Claughton is a sparse village and civil parish in the county of Lancashire, located within the Borough of Wyre. It is sometimes Claughton-on-Brockcalled to distinguish it from another LOT 11 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). What3wordsoutfitter.avoiding.uncle. 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.
80 nalcauctions.comPlease 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 INVESTMENTDEVELOPMENTLEISUREOPPORTUNITYLocation
Claughton in Lancashire in the Lune valley between Lancaster and Hornby. Riding of Yorkshire. Description 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 Guide Price £360,000 Faiths Farm, Delph Lane, Claughton-On-Brock, Preston, Lancashire, PR3 1UP
FREEHOLD LEISURE DEVELOPMENT INVESTMENT OPPORTUNITY CIRCA 17 ACRES (STMS)
Ground floor flat, open plan living/kitchen, bathroom, double bedroom. Tenure Leasehold – 225 Years remaining. Tenancy Currently achieving approx. £5100 P.A, Council Tax Band A EPC Rating D
The site can be accessed just off 137 Hadlow Rd, Tonbridge TN9 1QE, heading down the road leading to a barn with a gate nearby accessing the land itself. Being just off A26 North off Tonbridge and just one hour by road south central London.
Guide Price
Description A rectangular shaped plot, measuring approx. 200 sqm (STMS). 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. Tenure Freehold.
LOT 12 Plot B127 Hadlow Road, Tonbridge, Kent, TN10 4LP
ONE BEDROOM APARTMENT Location
FREEHOLD PLOT OF LAND POTENTIAL APPROX. 200sqm (STMS) Guide Price £3,000 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 £2000 + VAT upon exchange of the contract.
Accomodation
LOT 13 Apartment 18, The Mansion House, Redwing Crescent, Longwood, Huddersfield, HD3 4RL
LEASEHOLD ONE BEDROOM APARTMENT - INVESTMENT
FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH
81nalcauctions.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.
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, Huddersfield was a prominent mill town in the industrial revolution. To the town's west are the Pennines, and the town's historic county is the West Riding of Yorkshire.
£40,000 Note
INVESTMENTLEASEHOLD
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. 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 £4000 + VAT upon exchange of the contract.
82 nalcauctions.comPlease 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. Tenure Freehold. Total Rent Payable £33,460 P.A. Council Tax Band A EPC Rating D, E 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 £4000 + VAT upon exchange of the contract. Guide Price £400,000 Freehold Flats 1-8, 91 Birch Road, Huddersfield, HD4 7LP FREEHOLD THREE FLOOR END TERRACE PROPERTY ARRANGED AS 8 FLATS FREEHOLD THREE FLOOR END TERRACE PROPERTY ARRANGED AS 8 LocationFLATS Situated approximately 2.5 miles south of Huddersfield town centre and set within an established residential location between Station Lane and Bridge Street. Shopping amenities are local with recreation facilities at Woodfield Park Sports and Social Club and the surrounding countryside. What3words - little.puns.strut. LOT 14 Accomodation/Tenancies (approx. dimensions) Flat Floor Accommodation ASTTenancy DateStart P.M.Rent P.A.Rent 1 Ground Studio room, kitchen, shower room/WC AST 27/06/2020 £325 £3,900 2 Ground Reception room, bedroom, shower room/WC AST 27/06/2020 £375 £4,500 3 Ground Reception room, bedroom, shower room/WC AST 26/08/2020 £340 £4.200 4 Ground Studio room, kitchen, shower room/WC AST 28/06/2019 £295 £3,540 5 First Reception room, bedroom, shower room/WC AST 24/05/2018 £325 £3,900 6 First Reception room, bedroom, shower room/WC AST 14/08/2020 £375 £4,500 7 First Reception room, bedroom, shower room/WC AST 24/08/2010 £368.33 £4,420 8 First Reception room, bedroom, shower room/WC AST 30/06/2021 £375 £4,500
Wingrave lies to the North East of the centre of Aylesbury and South West 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 Buckinghamshireofand it is home to the Roald Dahl Children's Gallery and the Waterside Theatre.
The land could also be purchased with a longer future use of gaining planning consent for other uses. Tenure Freehold Land - There is a overage provision contained within the title deed. 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.
83nalcauctions.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.
FREEHOLD POTENTIAL DEVELOPMENT LAND OPPORTUNITY
What3words - register.strong.
teach.LOT 15
FREEHOLD LocationOPPORTUNITYDEVELOPMENTPOTENTIALLAND
Guide Price £250,000
Description Accessible directly off the A418 road these 2 sections can be sold together or separately. With one section approximately 3.93 acres (STMS) in size and the other approximately 3.70 acres (STMS), they come together to make a total of 7.63 acres (STMS) available for Withpurchase.only an access strip separating the two pieces of land they are the ideal investment for people seeking land for agricultural, amenity or recreational usage (subject to consents from the local council).
2 sections of Amenity Land at Wingrave Crossroads, Aylesbury Road, Rowsham, HP22 4RH
Ground Floor: Reception room, Outside:kitchen. Small front garden. Tenure Leasehold – 845 Years remaining. Tenancy £5,940 P.A. Council Tax Band A EPC Rating E 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, and south is the River Holme's discharge into the similar-sized Colne. The town's historic county is the West Riding of Yorkshire.
84 nalcauctions.comPlease 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 - rocket.cult.clap. Accomodation
First Floor: three bedrooms, bathroom, GCH and double glazing throughout.
LEASEHOLD GROUND FLOOR TWO BEDROOM LocationFLAT
Two bedrooms, living room, fitted kitchen, bathroom. Tenure Leasehold - 965 Years remaining. Tenancy Currently achieving £4,430.40 P.A. Council Tax Band A EPC Rating D with a possibility of achieving a C rating.
Accomodation
LOT 16 30 Ash Street, Huddersfield, Yorkshire, HD1 6HN Guide Price £55,000 Note 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. 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.
£50,000 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 property is on the A62 main road and is close to stores, garages, take-aways and other amenities. Huddersfield is a large market town in West Yorkshire, England. It was a prominent mill town in the industrial revolution. and to the west are the Pennines. The town's historic county is the West Riding of Yorkshire. What3words - title.jumped. elbow.
LOT 17 727 Manchester Road, Linthwaite, Huddersfield, HD7 5RT
LEASEHOLD GROUND FLOOR TWO BEDROOM FLAT - INVESTMENT Guide Price
Bradford is a city in West Yorkshire, England. Bradford had a population of 349,561 at the 2011 census. It is the second-largest subdivision of the West Yorkshire Built-up Area after Leeds, which is approximately 8.6 miles (14 km) to the east.
Yorkshire, formally known as the County of York, is a historic county of Northern England and the largest in the United Kingdom. Yorkshire is recognised as a geographic territory and cultural region.
Accomodation
FREEHOLD THREE FLOOR LocationPROPERTYTERRACED
What3words - jeeps.pads.live.
Guide Price £75,000 Council Tax Band A EPC Rating E 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 - defend.full. grants.
First Floor: Double bedroom, bathroom with four piece suite and heated towel rail. Ground Floor: Lounge. Lower Ground: Kitchen/diner, additional room possible utility Outside:room. Front yard and additional store housing boiler. Tenure Freehold. Tenancy Let on an AST- Income £6,600 P.A.
LOT 19 Flat 48 Hanson Lane, Huddersfield, Yorkshire, HD1 3UW
FREEHOLD THREE FLOOR TERRACED PROPERTY - INVESTMENT
FREEHOLD ONE BEDROOM LocationOPPORTUNITYINVESTMENTFLAT
LOT 18 6 Wooller Road, Low Moor, Bradford, Yorkshire, BD12 0RR
Guide Price £90,000 Note 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. 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.
85nalcauctions.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.
Internally: Lounge, kitchen, bathroom, bedroom with open fire. Externally: Small front garden Tenure Freehold. Tenancy £5,940 P.A. Council Tax Band A EPC Rating D
FREEHOLD ONE BEDROOM FLAT INVESTMENT OPPORTUNITY
Accomodation
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.
LOT 20 25 Alderson Street Hartlepool, County Durham, TS26 9HA
FREEHOLD THREE FLOOR FOUR BEDROOM MID TERRACE HOUSE
Ground Floor: Lounge, kitchen, hall with single storey extension to the rear. Tenure Leasehold – 846 Years remaining. Tenancy £6,300 P.A.
LEASEHOLD TWO FLOOR INVESTMENT OPPORTUNITY Guide Price £45,000 Council Tax Band A EPC Rating C 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 £4000 + VAT upon exchange of the contract. What3words - count.jokes. motor. Accomodation
FREEHOLD THREE FLOOR FOUR BEDROOM MID TERRACE HOUSE Location
LEASEHOLD TWO FLOOR LocationOPPORTUNITYINVESTMENT
This property has all necessary amenities nearby including coffee shop, post office, gyms, good transport and local shops. There are primary and secondary schools rated good to excellent within a 5-mile radius making this property ideal for families.
Second Floor: Two bedrooms and Firstbathroom.Floor:Two bedrooms, bathroom with WC. Ground Floor: Entrance hall, lounge, dining room and kitchen. Outside: Front garden and rear yard. Tenure Freehold.
Hartlepool is a large port town in County Durham, the town is located 32 miles (51 km) south-east of Newcastle upon Tyne, 17 miles (27 km)
First Floor: Bedroom, bathroom
86 nalcauctions.comPlease 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.
LOT 21 30 Wood End Road, Berry Brow, Huddersfield, Yorkshire, HD4 7NQ
Guide Price £60,000 Tenancy Currently tenanted achieving £5,100 P.A. Council Tax Band A EPC Rating E 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 £4000 + VAT upon exchange of the contract. south-east of Durham, 20 miles (32 km) south-east of Sunderland, and 12 miles (19 km) north-east of Stockton-on-Tees. What3words - rating.itself.hunter. Accomodation
FREEHOLD MID TERRACE MULTI FLAT INVESTMENT PROPERTY
Accomodation
FREEHOLD MULTI FLAT
LocationPROPERTYINVESTMENT
87nalcauctions.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.
Buyer’s Premium
One mid terraced house arranged as three separate flats. Tenure Freehold. Council Tax Band A EPC Rating D Guide Price £200,000+ Sunny Bank, Hull, HU3 1LQ
56
LOT 22
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.
Kingston upon Hull, usually abbreviated to Hull, is a port city and unitary authority in the East Riding of Yorkshire, England. It lies upon the River Hull at its confluence with the Humber Estuary, 25 miles (40 km) inland from the North Sea, 50 miles (80 km) east of Leeds, 34 miles (55 km) south-east of York and 54 miles (87 km) north-east of Sheffield. With a population of 259,778 (mid-2019 est.), What3words - icons.soon.urban.
£38,000 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 £3000 + VAT upon exchange of the contract.
LEASEHOLD ONE BEDROOM FLAT - INVESTMENT Guide Price
Tenure Leasehold – 94 Years remaining.
Tenancy Currently tenanted – Income £5,700. Council Tax Band A EPC Rating 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. What3words - salon.ending. tunnel. Accomodation Kitchen, reception, bathroom, double bedroom, GCH and double glazing throughout.
FREEHOLD LAND WITH POTENTIAL APPROX. 200sqm (STMS) Guide Price £2,000 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 £4000 + VAT upon exchange of the contract. Tenure Freehold. Description A rectangular shaped plot, meas uring approx. 200 sqm (STMS). This land is flat and clear of all trees, the plots would be suita ble 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.
FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH
LOT 23 Flat 28 Swan Court, Lockwood, Huddersfield, Yorkshire, HD1 3UX
The site can be accessed just off 137 Hadlow Rd, Tonbridge TN9 1QE, heading down the road leading to a barn with a gate nearby accessing the land itself. Being just off A26 North off Tonbridge and just one hour by road south central London.
LOT 24 Plot B128 Hadlow Road, Tonbridge, Kent, TN10 4LP
88 nalcauctions.comPlease 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.
Remote Bidding Advice
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.
First Floor: Two bedrooms, Groundbathroom.Floor: Two reception rooms, kitchen, rear porch. Outside: Back garden. Tenure Leasehold – 877 Years remaining. Council Tax Band A EPC Rating Being Renewed.
£47,000 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 £4000 + VAT upon exchange of the contract.
Adapting to the current situation, and wanting everyone to be able to attend our events when possible, we have several remote bidding options available. You can submit a telephone bid, a proxy bid, mobile bis or internet bid. All these options are free and equaly 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 confort of your home.
LOT 25 129 Nairne
Pre-registration
On auction day if you intend to bid it is vital that you send your ID and a copy of a recent utillity 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.
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 commisiion 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
LEASEHOLD MID TERRACED IDEAL RENOVATION PROJECT Guide Price
LEASEHOLD MID RENOVATIONTERRACED
In order to do so please contact bridgett@nalcgroup.co.uk Telephone bidding
What3words - atoms.natively. wages. Accomodation
4PD
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 accordingly
Proxy bidding
89nalcauctions.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. Street, Burnley, Lancashire, BB11
PROJECT Location Burnley has a rich and diverse cultural heritage from museums, historic buildings, churches, and art galleries. The Forest of Burnley adds to the beautiful countryside. Surrounding the town, it was created between 1997 and 2001 when one million trees were planted in the borough. Burnley is 21 miles (34 km) north of Manchester and 20 miles (32 km) east of Preston, at the confluence of the River Calder and River Brun.
In all cases, if you are the siccessful 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.
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.
LOT 26 Plot 5, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG
This plot is situated in Coates a small village close to the town of Whittlesey, Cambridgeshire. Locally there is a post office, a primary school, two pubs and a fishing lake. The historic town of Peterborough is approximately 9 miles away giving multiple shopping amenities and recreational facilities as well as being a well-travelled commuter belt link benefiting from regular LOT 27 Plot 6, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG
This plot is situated in Coates a small village close to the town of Whittlesey, Cambridgeshire. Locally there is a post office, a primary school, two pubs and a fishing lake. The historic town of Peterborough is approximately 9 miles away giving multiple shopping amenities and recreational facilities as well as being a well-travelled commuter belt link benefiting from regular
FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. (STMS) 6,660sq.ft (0.152 acres) Guide Price £17,000 Peterborough Borough Council planning www.peterborough.gov.ukdepartment in this regard. 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 £3000 + VAT upon exchange of the contract. direct trains to central London with a journey time around 60 minutes. Tenure Freehold. Description Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development poten tial to the site, however interested parties must rely on their own enquiries to FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH
FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. (STMS) 6,390sq.ft (0.146 acres)
90 nalcauctions.comPlease 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 Price £17,000 Peterborough Borough Council planning www.peterborough.gov.ukdepartment in this regard. 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 £3000 + VAT upon exchange of the contract. direct trains to central London with a journey time around 60 minutes. Tenure Freehold. Description Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development poten tial to the site, however interest ed parties must rely on their own enquiries to FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH
Scrivens Limited
Vacant First Ancillary 77.1 sq.m
BUILDING, ANCILLIARY ACCOMODATION - PART VACANT INVESTMENT
doctor.LOT 28 Accomodation/Tenancies (approx. dimensions) Floor Use Floor Areas Tenancy Rent P.A. Third Ancillary 45.7 sq.m
sq.ft) Vacant Second Ancillary 45.7 sq.m
91nalcauctions.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.
area,
Guide Price £195,000 39 High Street, COMMERCIAL
Vacant Ground Retail 96.41 sq.m
Tenure Freehold. Total Rent Payable £18,000 P.A. EPC Rating D VAT VAT is not applicable to this lot. 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 contracts.
on
lease
term
upper parts into 3
£18,000
170 outlets nationwide. Scrivens provide opticians and hearing care services. Note We are
trade
4 self-contained flats.
Prospective purchasers
FREEHOLD COMMERCIAL LocationACCOMODATIONANCILLIARYBUILDING, Situated in a prominent mixed residential and commercial catchment adjacent to the White Rose Shopping Centre with including Further may be gained from passing pedestrians going to and from Rhyl railway station. Rhyl Beach is also within close proximity. - found.nature. (492 (492 sq.ft) (830 sq.ft) (1,038 sq.ft) to (1) a for a of 10 years from 9/11/2015. (1) from over advised that there is potential for re-development of the / Subject to the necessary planning consents. must rely on their own in this regard.
occupiers
What3words
Boots, New Look, Costa Coffee, Sports Direct, Superdrug.
Let
Rhyl, Denbighshire LL18 1EN FREEHOLD
enquiries
Scrivens Limited established in 1942 operates
The site is situated in North Yorkshire between Yorkshire Dales National Park and North York Moors National Park. The area is of significant natural beauty and the parcel of land is located close to the Dales Camping and Caravan Site as well as Thorton Steward Sailing Club. The parcel of land is located close to the junction of Marriforth Lane and No Man’s Moon Lane. The local residential area of Newton- Le- Willows is a
LOT 29 Plot 14, Marriforth Mineral Estate, Newton-Le-Willows, Bedale, North Yorkshire, DL8 1TQ
What3words - headlight.gazes. jacuzzi. Tenure Freehold. Description Site area plot 14. A broadly rectangular parcel of land of approximately (STMS) 8.6 acres, 4,1624 sq ft, 3.5 Hectares.
92 nalcauctions.comPlease 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 MINERAL RIGHTS INVESTMENT Location The site is situated in North Yorkshire between Yorkshire Dales National Park and North York Moors National Park. The area is of significant natural beauty and the parcel of land is located close to the Dales Camping and Caravan Site as well as Thorton Steward Sailing Club. The parcel of land is located close to the junction of Marriforth Lane and No Man’s Moon Lane. The local residential area of Newton- Le- Willows is a LOT 30 Plot 16, Marriforth Mineral Estate, Newton-Le-Willows, Bedale, North Yorkshire, DL8 1TQ
FREEHOLD MINERAL RIGHTS INVESTMENT Location
FREEHOLD MINERAL RIGHTS INVESTMENT (STMS) 3,3880SQFT (7 ACRES) Guide Price £7,000 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 £3000 + VAT upon exchange of contracts. picturesque village in the Richmondshire part of North Yorkshire and is located approximately 4 miles West of the town of Bedale which has numerous shopping options and local amenities. What3words - cleanser.broker. retrail. Tenure Freehold. Description Site area plot 16. A broadly rectangular parcel of land of approximately (STMS) 7 acres, 3,3880 sq ft, 2.8 Hectares.
FREEHOLD MINERAL RIGHTS INVESTMENT (STMS) 4,1624SQFT (8.6 ACRES) Guide Price £7,000 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 £3000 + VAT upon exchange of contracts. picturesque village in the Richmondshire part of North Yorkshire and is located approximately 4 miles West of the town of Bedale which has numerous shopping options and local amenities.
FREEHOLD PLOT OF
93nalcauctions.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.
Approximately 21.3 miles (35 minutes’ drive) from Wales' vibrant capital city of Cardiff is within easy reach and offers all that a modern city has to offer including restaurants, shopping, museums, theatres, and nightlife. Within a short drive or a train ride there are many attractions including Bike Park Wales, Royal Mint experience, National Lido of Wales, Rhondda LOT 32 Plot 30, Land off Channel Avenue, Trebanog, Porth, Mid Glamorgan, CF39 9EX FREEHOLD PLOT WITH DEVELOPMENT POTENTIAL (STMS) APPROX. 5,400SQ.FT (0.124 ACRES Guide Price £3,000 interested parties must rely on their own enquiries to Caerphilly County Borough www.caerphilly.gov.ukCouncil,in this Siteregard.Plot 30 A broadly rectangular parcel of land of approximately (STMS) 5,130 sq ft, 0.132 acres, 0.053 hectares. 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 £3000 + VAT upon exchange of contracts. Heritage Park and you have several magnificent castles such as Caerphilly and Castell Coch. What3words - mistaking.duties. leads.. Tenure Freehold. Description Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development potential to the lot, however
LOT 31 Plot 29, Land off Channel Avenue, Trebanog, Porth, Mid Glamorgan, CF39 9EX
LAND LocationPOTENTIALDEVELOPMENTWITH Approximately 21.3 miles (35 minutes’ drive) from Wales' vibrant capital city of Cardiff is within easy reach and offers all that a modern city has to offer including restaurants, shopping, museums, theatres, and nightlife. Within a short drive or a train ride there are many attractions including Bike Park Wales, Royal Mint experience, National Lido of Wales, Rhondda
FREEHOLD PLOT WITH DEVELOPMENT POTENTIAL (STMS) APPROX. 5,400SQ.FT (0.124 ACRES) Guide Price £3,000 interested parties must rely on their own enquiries to Caerphilly County Borough www.caerphilly.gov.ukCouncil,in this Siteregard.Plot 29 A broadly rectangular parcel of land of approximately (STMS) 5,400 sq ft, 0.124 acres, 0.050 hectares. 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 £3000 + VAT upon exchange of contracts. Heritage Park and you have several magnificent castles such as Caerphilly and Castell Coch. What3words - mistaking.duties. leads.. Tenure Freehold. Description Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development potential to the lot, however FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH
Guide Price £2,000 per plot amenity animal 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 consent. 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 £3000 + VAT upon exchange of contracts.
FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. 212 SQM (STMS)
94 nalcauctions.comPlease 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 PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. 212SQM (STMS) Guide Price £2,000 amenity animal 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 consent. 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 £3000 + VAT upon exchange of contracts. Tenure Freehold. Description Amenity Land available on Long Reach. The beautiful outskirts of Ockham Village. Ideal Investment opportunity to purchase a plot of land measuring approximately 212 sqm (STMS). This site offers secure access with hard standing road running all the way to the plot. This land is flat and clear of all trees. The plot would be suitable for a variety of uses including FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH
A380 and A327 Long Reach, Ockham, Woking, Surrey, GU23 6PG
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 side. What3words: myself.slurs. quest.
Tenure Freehold. Description Amenity Land available on Long Reach. The beautiful outskirts of Ockham Village. Ideal Investment opportunity to purchase two plots of land each measuring approximately 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 FREEHOLD PLOT OF LAND LocationPOTENTIALDEVELOPMENTWITH 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 side. What3words – myself.slurs. quest. LOT 34 Plots A378 Long Reach, Ockham, Woking, Surrey, GU23 6PG
LOT 33 Plots
NALC
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 £3000 + VAT upon exchange of contracts. Tenure Freehold. Description Amenity Land available on Long Reach. The beautiful outskirts of Ockham Village. Ideal Investment opportunity to purchase a plot of land measuring approximately 212 sqm (STMS). This site offers secure access with hard standing road running all the way to the plot. This land is flat and clear of all trees. The plot would be suitable for a variety of uses including FREEHOLD PLOT OF LAND
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 side.
What3words: myself.slurs. quest.
Second Floor Two bedrooms First Floor Reception room, kitchen and bathroom with WC, Tenure Freehold. Council Tax Band A EPC Being renewed. of Sale
LocationPOTENTIALDEVELOPMENTWITH
End
95nalcauctions.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.
LOT 35 Plots A329 Long Reach, Ockham, Woking, Surrey, GU23 6PG
Guide Price £2,000 amenity animal 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 consent.
Accomodation
FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. 212 SQM (STMS)
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 NALC Auctions The Buyer Name ................................................................................................................................................................................................. Address .............................................................................................................................................................................................................................................................................................................................................Postcode..................................... Telephone number ........................................................................................... Email ........................................................................................... Buyer’s Solicitor AddressName ............................................................................................................................................ Postcode ..................................... Telephone number ........................................................................................... Email ........................................................................................... The Seller AddressName ............................................................................................................................................ Postcode ..................................... Telephone number ........................................................................................... Email ........................................................................................... Seller’s Solicitor Name ................................................................................................................................................................................................. Address .............................................................................................................................................................................................................................................................................................................................................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.
Remote Bidding Form and Terms & Conditions The Property Address of the Lot ................................................................................................................................................................................................. Postcode ........................... Date of Auction ........................................................................................202 .......... Documentation required: I 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.nalcauctions.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 The Buyer The Bidder AddressName ..............................................................................................Postcode ........................... Telephone number .......................................................... Email .................................................................. Deposit Name of account holder Sort code ........ / ....... / ....... Account number ................................................................................................................................................................. IBiddingHERBY AUTHORISE NALC 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 NALC contact me by telephone prior to the commencement of the auction to obtain my instructions on telephone number .......................................................... In the event tha NALC 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 £ ........................................................................................................................................................................ Mobile .................................................................................................................................................................................................... Online 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 notifi ed 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. NALC 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 confi rm 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. The Buyer Name ........................................................................................................................................ Address ..............................................................................................Postcode ........................... Telephone number .......................................................... Email .................................................................. Buyer's Conveyancer AddressName ..............................................................................................Postcode ........................... Telephone number .......................................................... Email .................................................................. Seller’s Solicitor AddressName ..............................................................................................Postcode ........................... Telephone number .......................................................... Email ..................................................................
Auction means NALC to be held at the time and place and on the date advertised in any format by NALC in which the Lot appears.
• 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 (‘NALC 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 NALC catalogue. 9. NALCDisclaimerorany employee or agent of NALC 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:
• You being unobtainable by telephone or becoming disconnected during the course of bidding by telephone or via the internet.
• 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.
8. Terms of Sale/Conduct of Auction
• Error, lack of clarity or confusion whether during the Auction or regarding the Registration form or the deposit.
1. The Bidder appoints NALC as agent and authorises NALC to bid for the relevant Lot on behalf of the Bidder in such manner as NALC thinks fit in its absolute discretion. The Bidder may withdraw NALC’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.
7. Absentee/Proxy Bids
Auctioneer means the London City Auctions auctioneer having conduct of the Auction. Bidder means the party bidding for the Lot and who acts as the buyer and guarantees the performance of the buyer under the Conditions of BusinessSale.
Buyer means the person, firm or company identified on the Registration Form who agrees to buy the ConditionsLot.ofSale 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 Registrationapplicable.form means the registration form for remote bidding contained within NALC Auction Catalogue or sent to you by email. Seller means the person selling the lot. VAT means value added tax or any other tax of a similar nature.
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.
•
• Any other factor beyond NALC’s control. Please complete the on-line registration form and submit it to NALC no later than 2 working days prior to the date of the auction. You WILL NEED TO RECEIVE WRITTEN CONFIRMATION FROM NALC THAT YOUR REGISTRATION TO BID HAS BEEN COMPLETED SUCCESSFULLY. in respect of the 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 0207 0789755 or 01636 558200 for the Client Account details.
Terms and Conditions
6. 1.DepositThedeposit is to be paid immediately after the auction and no later than 15:30 on the day following the auction by bank transfer to NALC’s client’s account in sterling on an Approved financial institution for a sum representing the greater of: 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
Days has the same meaning as in the RICS Common Auction Conditions Edition 4.0 November 2018.
• 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.
• Any change in the date, time and/or venue of the Auction.
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. SIGN BELOW TO INDICATE YOUR ACCEPTANCE OF THESE TERMS AND CONDITIONS.
• The completed Registration form should be sent to NALC 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.
• Any interruption or suspension of telephone or internet bidding services.
Signed by the buyer Print Name Date
• 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.
• 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.
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.
Payments Payment
• The amount of your Maximum Bid Price for the Lot will not be disclosed by the Auctioneer to the Seller.
• If you bid at the Auction by Absentee/proxy you should enter your Maximum Bid Price on the Registration form.
• Unclear instructions.
3. Definitions used in these terms & conditions: Approved financial institution has the same meaning as in the RICS Common Auction Conditions Edition 4.0 November 2018.
4. Registration form • 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.
• 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.
2. If you are the successful bidder NALC requires a separate payment of £1000 inclusive of VAT as a buyer’s administration charge payable to NALC 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.
• The Maximum Bid Price must be an exact figure. Failure to clearly indicate your Maximum Bid Price will invalidate your bid.
The contract by which the seller agrees to sell and the buyer agrees to buy the lot.
7. The buyer confirms that he had the opportunity to view the Legal Pack and to obtain legaladvice 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.
Signed by the Authorised agent for the Seller Print Name Date
The deposit is between 10 &15% as will be agreed by the auctioneer at the time of sale subject to a mini mum 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.
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.
1e The Sale Price
1c the deposit
1f Unconditional sale
1d The Legal Pack
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.
3. The sales is to proceed by way of Unconditional Sale.
Definitions and interpretation
The Legal Pack shall refer to the documents supplied by the auctioneer which the auctioneer duly entitled Legal Pack.
1a Buyer’s premium
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.
4. The deposit and the buyer’s premium must be paid upon the signing/ agreeing the terms of the Memorandum of Sale.
Special conditions
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.
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.
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 revail in any event.
Signed by the buyer Print Name
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.
1b the contract of sale
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.
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.
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 thosedocuments.
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.
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.
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 NALC, 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.
11. Prospective buyers are deemed to have relied upon their own knowledge or advice of their own professionals.
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 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.
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 required to be removed and such content shall not raise any issue.
31. For further avoidance of doubt no proceedings brought by NALC 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
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.
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.
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.
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.
General and special conditions of sale for NALC property auctions
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.
Grantor as defining the general conditions pursuant to the particulars of the conditions of sale.
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.
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.
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 them purchaser or the
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.
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
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 anyother 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.
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.
22. Were such party consist of two or more person’s be deemed to be joint and several liable.
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.
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.
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.
28. The deposit of 10% plus the buyer’s premium if applicable whichever shall be greater shall be paid to NALC head office immediately after the sale as agents the vendor.
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.
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.
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.
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
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
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.
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.
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.
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.
45. Each property shall from the date of contract 4 be at the sole risk of the purchaser.
36. The vendor shall not be required to convey the whole or any part of the property to the pur chaser 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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
TENANCY SCHEDULE The schedule of TENANCIES (if any) forming part of the SPECIAL CONDITIONS.
Common Conditions
ACTUAL COMPLETION DATE
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.
AUCTION The auction advertised in the CATALOGUE.
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. legislation 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.
TRANSFER Transfer includes a conveyance or assignment (and “to transfer” includes “to convey” or “to assign”).
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.
are
The date when COMPLETION takes place or is treated as taking place for the purposes of apportionment and calculating interest.
The CAC can be viewed and downloaded from Thewww.rics.org.ukwordsinitalics do not form part of the CAC Introduction
APPROVED FINANCIAL INSTITUTION Any bank or building society that is regulated by a competent UK regulatory authority or is otherwise acceptable to the AUCTIONEERS.
AUCTIONEERS The auctioneers at the AUCTION.
CONTRACT
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.
Contents AuctionGlossaryConduct 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 Arrears G12 Management G13 Rent deposits G14 VAT G15 Transfer as a going concern G16 Capital G17AllowancesMaintenance Agreements G18 Landlord and Tenant Act 1987 G19 Sale by practitioner G20 TUPE G21 Environmental G22 Service charge G23 Rent reviews G24 Tenancy renewals G25 Warranties G26 No assignment G27 Registration at the Land Registry G28 Notices and other communications G29 Contracts (Rights of Third Parties) Act 1999 G30 Extra General Conditions SPECIAL CONDITIONS OF SALE Lot TenanciesExclusionsRightsRightsLotSeller’sSellernumberconveyancerdescriptiongrantedreserved What the sale is subject to Chattels etc RegisteredTitleInsuranceDeposit or unregistered Title guarantee AgreedTransfercompletion date Additional amounts payable at completion Interest rate CapitalVATArrears AmendmentsWarrantiesEnvironmentalTUPEMaintenanceallowancesAgreementstothegeneral conditions Extra special conditions Arrears SaleTenancyScheduleScheduleMemorandum Glossary 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
CATALOGUE
EXTRA GENERAL CONDITIONS Any CONDITIONS added or varied by the AUCTIONEERS starting at CONDITION G30. financial charge. A charge to secure a loan or other financial indebtedness (but not including a rentcharge or local land charge).
ARREARS Arrears of rent and other sums due under the TENANCIES and still outstanding on the ACTUAL COMPLETION DATE.
OLD ARREARS ARREARS due under any of the TENANCIES that are not “new tenancies” as defined by the Landlord and Tenant (Covenants) Act 1995.
SALE CONDITIONS
SPECIAL CONDITIONS
• 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;
Those of the SALE CONDITIONS so headed that relate to the LOT.
CONDITION One of the AUCTION CONDUCT CONDITIONS or CONDITIONS.SALE
AGREED COMPLETION DATE Subject to CONDITION G9.3: (a) the date specified in the SPECIAL CONDITIONS; or (b) if no date is specified, 20 BUSINESS DAYS after the CONTRACT DATE; but if that date is not a BUSINESS DAY the first subsequent BUSINESS DAY.
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).
• reproduces the compulsory sections of the CAC without any changes, except as stated in the text;
The GENERAL CONDITIONS as varied by any SPE CONDITIONSCIAL or ADDENDUM. SALE MEMORANDUM The form so headed (whether or not set out in the CATALOGUE) in which the terms of the CONTRACT for the sale of the LOT are recorded.
TUPE The Transfer of Undertakings (Protection of Employment) Regulations 2006.
VAT Value Added Tax or other tax of a similar nature.
TENANCIES Tenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them.
Auction
Important Notice to buyers at a NALC 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:Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant • Read the conditions • Inspect the lot • Carry out usual searches and make usual enquiries • Check the content of all available leases and other documents relating to the lot • Check that what is said about the lot in the catalogue 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 RoyalEditionAuctions4.0©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 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;
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.
CONTRACT DATE 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.
The SALE CONDITIONS headed ‘GENERAL CONDITIONS OF SALE’, including any ExTRA CONDITIONS.GENERAL 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 EachLOThigher.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).
PARTICULARS The section of the CATALOGUE that contains descriptions of each LOT (as varied by any ADDENDUM). PRACTITIONER An insolvency practitioner for the purposes of the Insolvency Act 1986 (or, in relation to jurisdictions outside the United Kingdom, a person undertaking a similar role).
ARREARS SCHEDULE The arrears schedule (if any) forming part of the SPECIAL CONDITIONS.
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).
WE (AND US AND OUR) The AUCTIONEERS.
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)
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.
Auction Conduct Conditions (Compulsory) 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.
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.
GENERAL CONDITIONS
PRICE The price (exclusive of VAT) that the BUYER agrees to pay for the LOT.
AUCTION CONDUCT CONDITIONS The conditions so headed, including any extra auction conduct conditions.
BUSINESS DAY Any day except (a) Saturday or Sunday or (b) a bank or public holiday in England and Wales.
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.
The contract by which the SELLER agrees to sell and the BUYER agrees to buy the LOT.
VAT OPTION An option to tax.
Sale Conditions (General Conditions compulsory, template forms optional)
• 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). The RICS reserves the right to withdraw its licence to use this and any previous edition of the Common Auction Conditions.
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.
Auction Conduct Conditions 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.
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.
G4 TITLE AND IDENTITY
(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. (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.
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 BETWEEN CONTRACT AND COMPLETION
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.
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.
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 condition or tenant’s obligation relating to the state or condition of the LOT where the LOT is leasehold property.
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.
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 DEPOSIT
A5 THE CONTRACT
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.
G1.7 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.
(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 sold. (b) 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.
G2.3 Interest earned on the deposit belongs to the SELLER unless the SALE CONDITIONS provide otherwise.
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.
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. 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).
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.
G1.4 The LOT is also sold subject to such of the following as may affect it, whether they arise before or after the CONTRACT DATE and whether or not they are disclosed by the SELLER or are apparent from inspection of the LOT or from the DOCUMENTS: (a) matters registered or capable of registration as local land charges; (b) matters registered or capable of registration by any competent authority or under the provisions of any statute; (c) notices, orders, demands, proposals and requirements of any competent authority; (d) charges, notices, orders, restrictions, agreements and other matters relating to town and country planning, highways or public health; (e) rights, easements, quasi-easements, and wayleaves; (f) outgoings and other liabilities; (g) any interest which overrides, 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.
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.
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.
A4.1 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. 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.
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.
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 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.
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. A6.4 Where the AUCTIONEERS hold the deposit as stakeholder, they are authorised to release any part of it (and interest on it if (a)applicable):totheSELLER’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.
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).
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.
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. A5.9 Where the BUYER is a company YOU warrant that the BUYER is properly constituted and able to buy the LOT.
A6 EXTRA AUCTION CONDUCT CONDITIONS
G4.2 The following provisions apply only to any of the following DOCUMENTS that is not made available before the AUCTION:
A3 BIDDING AND RESERVE PRICES
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.
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. 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.
A5.3 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; and (c) pay the deposit. 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.
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.
A2.5 WE may refuse to admit one or more persons to the AUCTION without having to explain why.
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.
G1.6 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.
G3.4 Section 47 of the Law of Property Act 1925 does not apply to the CONTRACT.
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.
A4.3 The PARTICULARS and the SALE mayCONDITIONSchangeprior to the AUCTION and it is YOUR responsibility to check that YOU have the correct versions. 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.
A2 OUR ROLE A2.1 As agents for each SELLER we have authority to (a) prepare the CATALOGUE from information supplied by or on behalf of each SELLER; (b) offer each LOT for sale; (c) sell each LOT; (d) receive and hold deposits; (e) sign each SALE MEMORANDUM; and (f) treat a CONTRACT as repudiated if the BUYER fails to sign a SALE MEMORANDUM or pay a deposit as required by these AUCTION CONDUCT CONDITIONS.
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.
A4 THE PARTICULARS AND OTHER INFORMATION
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; and (c) give such direct covenant to the tenant as may be required by the rent deposit deed.
G11.3 Parts 2 and 3 of this CONDITION G11 do not apply to ARREARS of current rent. Part 2 - buyer to pay for arrears G11.4 Part 2 of this CONDITION G11 applies where the SPECIAL CONDITIONS give details of ARREARS. G11.5 The BUYER is on COMPLETION to pay, in addition to any other money then due, an amount equal to all ARREARS of which details are set out in the SPECIAL CONDITIONS.
G7.1 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. G7.2 The person giving the notice must be READY TO COMPLETE. 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.
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).
G7 NOTICE TO COMPLETE
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.
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.
G10.1 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 ACTUALCOMPLETION DATE.
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.
G8 IF THE CONTRACT IS BROUGHT TO AN END If the CONTRACT is lawfully brought to an end: (a) the BUYER must return all papers to the SELLER and appoints the SELLER its agent to cancel any registration of the CONTRACT; and (b) the SELLER must return the deposit and any interest on it to the BUYER (and the BUYER may claim it from the stakeholder, if applicable) unless the SELLER is entitled to forfeit the deposit under CONDITION G7.3.
G5 TRANSFER
G9.1 Where the LOT is or includes leasehold land and licence to assign or sublet is required this CONDITION G9 applies.
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.
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.
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.
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.
G5.3 The SELLER cannot be required to transfer the LOT to anyone other than the BUYER, or by more than one TRANSFER.
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.
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.
G13 RENT DEPOSITS
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.
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.
G10 INTEREST AND APPORTIONMENTS
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.
G11.8 While any ARREARS due to the SELLER remain unpaid the BUYER must: (a) try to collect them in the ordinary course of management but need not take legal proceedings or forfeit the TENANCY; (b) pay them to the SELLER within five BUSINESS DAYS of receipt in cleared funds (plus interest at the INTEREST RATE calculated on a daily basis for each subsequent day’s delay in payment); (c) on request, at the cost of the SELLER, assign to the SELLER or as the SELLER may direct the right to demand and sue for OLD ARREARS, such assignment to be in such form as the SELLER’s conveyancer may reasonably require; (d) if reasonably required, allow the SELLER’s conveyancer to have on loan the counterpart of any TENANCY against an undertaking to hold it to the BUYER’S order; (e) not without the consent of the SELLER release any tenant or surety from liability to pay ARREARS or accept a surrender of or forfeit any TENANCY under which ARREARS are due; and (f) if the BUYER disposes of the LOT prior to recovery of all ARREARS obtain from the BUYER’S successor in title a covenant in favour of the SELLER in similar form to part 3 of this CONDITION G11. G11.9 Where the SELLER has the right to recover ARREARS it must not without the BUYER’S written consent bring insolvency proceedings against a tenant or seek the removal of goods from the LOT.
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.
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; and (b) the release of any deposit held by a stakeholder or in such other manner as the SELLER’s conveyancer may agree.
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.
G9.2 The CONTRACT is conditional on that licence being obtained, by way of formal licence if that is what the landlord lawfully requires.
G9.5 The BUYER must promptly (a) provide references and other relevant information; and (b) comply with the landlord’s lawful requirements.
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.
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.
G11 ARREARS
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.
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.
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.
G6.6 Where applicable the CONTRACT remains in force following COMPLETION.
G11.2 If on COMPLETION there are any ARREARS of current rent the BUYER must pay them, whether or not details of those ARREARS are given in the SPECIAL CONDITIONS.
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.
G15.4 The BUYER is to give to the SELLER as early as possible before the AGREED COMPLETION DATE evidence (a) of the BUYER’S VAT registration; (b) that the BUYER has made a VAT OPTION; and (c) that the VAT OPTION has been notified in writing to HM Revenue and Customs; and if it does not produce the relevant evidence at least two BUSINESS DAYS before the AGREED COMPLETION DATE, CONDITION G14.1 atappliesCOMPLETION.
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 ofDAYSreceipt 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.
G15.3 The BUYER confirms that (a) it is registered for VAT, either in the BUYER’S name or as a member of a VAT group; (b) it has made, or will make before COMPLETION, a VAT OPTION in relation to the LOT and will not revoke it before or within three months after COMPLETION; (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it;and (d) it is not buying the LOT as a nominee for another person.
G16 CAPITAL ALLOWANCES G16.1 This CONDITION G16 applies where the SPECIAL CONDITIONS state that there are capital allowances available in respect of the LOT. G16.2 The SELLER is promptly to supply to the BUYER all information reasonably required by the BUYER in connection with the BUYER’S claim for capital allowances.
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”).
G16.4 The SELLER and BUYER agree: (a) to make an election on COMPLETION under Section 198 of the Capital Allowances Act 2001 to give effect to this CONDITION G16; and (b) to submit the value specified in the SPECIAL CONDITIONS to HM Revenue and Customs for the purposes of their respective capital allowance computations.
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.
G12 MANAGEMENT
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.
G16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the SPECIAL CONDITIONS.
G12.1 This CONDITION G12 applies where the LOT is sold subject to TENANCIES. G12.2 The SELLER is to manage the LOT in accordance with its standard management policies pending COMPLETION. G12.3 The SELLER must consult the BUYER on all management issues that would affect the BUYER after COMPLETION (such as, but not limited to, an application for licence; a rent review; a variation, surrender, agreement to surrender or proposed forfeiture of a TENANCY; or a new tenancy or agreement to grant a new tenancy) and: (a) the SELLER must comply with the BUYER’S reasonable requirements unless to do so would (but for the indemnity in paragraph (c)) expose the SELLER to a liability that the SELLER would not otherwise have, in which case the SELLER may act reasonably in such a way 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.
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.
G9 LANDLORD’S LICENCE
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.
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.
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.
G27 REGISTRATION AT THE LAND REGISTRY
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.
G25.1 Available warranties are listed in the SPECIAL CONDITIONS. G25.2 Where a warranty is assignable the SELLER must: (a) on COMPLETION assign it to the BUYER and give notice of assignment to the person who gave the warranty; and (b) apply for (and the SELLER and the BUYER must use all reasonable endeavours to obtain) any consent to assign that is required. If consent has not been obtained by COMPLETION the warranty must be assigned within five BUSINESS DAYS after the consent has been obtained.
G27.1 This condition G27.1 applies where the LOT is leasehold and its sale either triggers first registration or is a registrable disposition. The BUYER must at its own expense and as soon as practicable: (a) procure that it becomes registered at 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.
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.
G28 NOTICES AND OTHER COMMUNICATIONS
G28.1 All communications, including notices, must be in writing. Communication to or by the SELLER or the BUYER may be given to or by their conveyancers.
G20 TUPE G20.1 If the SPECIAL CONDITIONS state “there are no employees to which TUPE applies”, this is a warranty by the SELLER to this effect.
G19.6 The BUYER understands this CONDITION G19 and agrees that it is fair in the circumstances of a sale by a PRACTITIONER.
G23 RENT REVIEWS
G26 NO ASSIGNMENT
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.
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.
G27.2 This condition G27.2 applies where the LOT comprises part of a registered title. The BUYER must at its own expense and as soon as practicable: (a) apply for registration of the TRANSFER; (b) provide the SELLER with an official copy and title plan for the BUYER’S new title; and (c) join in any representations the SELLER may properly make to the Land Registry relating to the application.
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.
G28.2 A communication may be relied on if: (a) delivered by hand; or (b) made electronically and personally acknowledged (automatic acknowledgement does not count); or (c) there is proof that it was sent to the address of the person to whom it is to be given (as specified in the SALE MEMORANDUM) by a postal service that offers normally to deliver mail the next following BUSINESS DAY.
G28.3 A communication is to be treated as received: (a) when delivered, if delivered by hand; or (b) when personally acknowledged, if made electronically; but if delivered or made after 1700 hours on a BUSINESS DAY a communication is to be treated as received on the next BUSINESS DAY.
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.
G30 EXTRA GENERAL CONDITIONS
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.
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; or (b) 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.
G24.4 Following COMPLETION the BUYER must: (a) with the co-operation of the SELLER take immediate steps to substitute itself as a party to any proceedings; (b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewal of the TENANCY and the determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable; and (c) if any increased rent is recovered from the tenant (whether as interim rent or under the renewed TENANCY) account to the SELLER for the part of that increase that relates to the SELLER’s period of ownership of the LOT within five BUSINESS DAYS of receipt of cleared funds.
G24 TENANCY RENEWALS
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.
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.
The following general conditions are to be treated as being amended as follows:
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”
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.
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.
G25 WARRANTIES
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.
G23.8 The SELLER and the BUYER are to bear their own costs in relation to rent review negotiations and proceedings.
G17 MAINTENANCE AGREEMENTS
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.
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.
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 SELL ER providing the service charge account to the BUYER.
G22.3 Within two months after COMPLETION the SELLER must provide to the BUYER a detailed service charge account for the service charge year current on COMPLETION showing: (a) service charge expenditure attributable to each TENANCY; (b) payments on account of service charge received from each tenant; (c) any amounts due from a tenant that have not been received; (d) any service charge expenditure that is not attributable to any TENANCY and is for that reason irrecoverable.
G22 SERVICE CHARGE G22.1 This CONDITION G22 applies where the LOT is sold subject to TENANCIES that include service charge provisions. G22.2 No apportionment is to be made at COMPLETION in respect of service charges.
G29 CONTRACTS (RIGHTS OF THIRD PARTIES) ACT1999 No one is intended to have any benefit under the CONTRACT pursuant to the Contracts (Rights of Third Parties) Act 1999.
G19 SALE BY PRACTITIONER G19.1 This CONDITION G19 applies where the sale is by a PRACTITIONER either as SELLER or as agent of the SELLER. G19.2 The PRACTITIONER has been duly appointed and is empowered to sell the LOT. G19.3 Neither the PRACTITIONER nor the firm or any member of the firm to which the PRACTITIONER belongs has any personal liability in connection with the sale or the performance of the SELLER’s obligations. The TRANSFER is to include a declaration excluding that personal liability.
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.
G21 ENVIRONMENTAL G21.1 This CONDITION G21 only applies where the SPECIAL CONDITIONS so provide.
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.
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.
G23.1 This CONDITION G23 applies where the LOT is sold subject to a TENANCY under which a rent review due on or before the ACTUAL COMPLETION DATE has not been agreed or determined.
G23.2 The SELLER may continue negotiations or rent review proceedings up to the ACTUAL COMPLETION DATE but may not agree the level of the revised rent or commence rent review proceedings without the written consent of the BUYER, such consent not to be unreasonably withheld or delayed.
G25.3 If a warranty is not assignable the SELLER must after COMPLETION: (a) hold the warranty on trust for the BUYER; and (b) at the BUYER’S cost comply with such of the lawful instructions of the BUYER in relation to the warranty as do not place the SELLER in breach of its terms or expose the SELLER to any liability or penalty.
106 nalcauctions.com Notes
AUCTION CATALOGUE 7 SEPTEMBER 2022 VENUE: HARD ROCK HOTEL, GREAT CUMBERLAND PLACE, W1H 7DL INVESTMENT UPDATE FROM 1PM AUCTION STARTS AT 2PM IN PARTNERSHIP WITH NALC AUCTIONS 8 SEPTEMBER 2022 AUCTION STARTS AT 5PM londoncityauctions.com
Together with few overseas lots, and a handful of private treaty lots and over £200M worth of investment offerings within the group, July and August – thus far have been incredible months for us in listing terms. We have the investors, we have the buyers, and now we have the lots!!
In the meantime, I hope you enjoy the catalogue which provides 10 mixed commercial and resi investment lots. Over 40 lots of investment lands at various stages in their investment lifetime. Seventeen cash producing investment flats, 19 investment houses, 3 HMO’s and 2 significant London development opportunities.
londoncityauctions.com 0207 0789755 or 01636 558200 3
The second quarter of 2022 has now just closed. It was not without its obvious economic challenges. Russia having invaded Ukraine, interest rates have begun to rise, inflation is currently 10%, building materials have been in short supply and increasingly costly. We still await the appointment of yet another new Prime Minster. A fact we will most definitely know by the day of the auction.
Those who are pricing assets realistically are being rewarded by competitive bidding.
Auctioneer’s Welcome Dear Friends, Welcome everyone to our dual catalogue for August/September.
Leading on from the rip-roaring success the marketing teams had with their last corporate event. Prior to the auction of the 7th of September at 12:30 we are conducting the fourth session of our now regular investment updates. Which also includes, this time around an attendance incentive. Our investment updates are free, and you are certain to learn the most up to date information about the UK property investment scene. So please do come along and claim your attendance prize, together with the added knowledge we can offer.
Keenly priced land investments or those that have not previously been to market, coupled with vacant homes have sparked fierce competition at our auctions in the first half of the year. And so, all this proves, that in times of uncertainty the auction market is king.
Development opportunities continue to draw interest, subject to the correct pricing, and this catalogue contains one or two fantastic future sites. The impending legislation to change enfranchisement pricing is sure to change the market on ground rents in London, but only time will tell, truly what effect this has on the current market.
Whilst interest is also evident in lots from across the country, London investments continue to stand out in popularity. For example, especially long leasehold self-contained flats, long term land holdings, and those investment properties with provable historic secure covenants. Most especially those yielding a 7% annual return and above.
For those who do plan to attend and possibly bid. Please don’t forget to do your due diligence in the lead up to the sale. We are here to help you. If you would legal independent advice prior to the auction. We have a great offering of independent legal specialist at all levels. Who, we are more than happy to put you in touch with.
Our dual sale catalogue is spread over Wednesday 7th September in The Hard Rock Hotel – Cumberland Place London and back in Newark office on the evening of Thursday 8th September at 5pm. Both sales are online and in the room. So, all four methods of bidding are open to all our bidders, subject of course to the payment of your deposit. If you need any advice on this. Please do call either of our offices. Who will be only too happy to help you.
Yet, despite all of this, the residential and mixed land and commercial auction markets continue to demonstrate even greater characteristic resilience and robust nature. As bidders’ confidence, both domestically in the UK and Overseas (appetite for London) in the sector remains at the very least stable, and depending on pricing, some would say strong.
Sellers have also, as ever identified the potential for significant returns from residential property auction.
The team and I look forward to seeing you on the 7th. Edward
I am proud to be able to report that the catalogue contains some 85 plus lots for your perusal.
londoncityauctions.com 0207 0789755 or 01636 558200 Meet4 the New Team Wayne Antoine Group Director 0207 0789755 wayne@londoncityauctions.com Bridgett Dickens Group DirectorCommercial 0207 0789755 07843 bridgett@londoncityauctions.com656447 Edward Swindells Auctioneer 0207 0789 755 07971 033276 edward@londoncityauctions.com Samraa Alqaseer Partner Arbitration Council and Lawyer to Judges Society, Bahrain and Europe Tom Barrett National Sales Director 0207 0789755 tom@londoncityauctions.com Dr. A. Rahman Rashid Y. Al-Khashram, Attorney & ConsultantLegalDoctor of law and barristers at court of Cassation & Arbitration Chris March Director of managementproperty 0207 0789 755 07818 chris@londoncityauctions.com783224 Dominic Smith Group Chief Operating Officer dominic@londoncityauctions.com 0207 0789 755 07770 754424 Michael Atwood Senior Auction Surveyor 0207 0789 755 07747 603239 michael@londoncityauctions.com Jana Lenfeldova Sales Negotiator 0207 079180789755996613 jana@londoncityauctions.com Chell Willis Auction chell@londoncityauctions.comManagerAdministration 0207 077380789755235988 Shanice Taylor Marketing Manager 0207 0789755 07415 shanice@nalcgroup.co.uk405750 Oliver Bailey Digital Media and Marketing Lead 0207 0789755 oliver@nalcgroup.co.uk Roseanne Smith Auction info@nalcgroup.co.ukAssistantAdministration01636558200 Cecilia Salazar London administratorauction 0207 0789 755 01636 cecilia@nalcgroup.co.uk558200 Emma Whibley Administration and emma@nalcgroup.co.uk01636listings558200 Ewan Williamson Freelance marketing@nalcgroup.co.ukPhotographyEngagementVisualand 0207 0789755 Andy Veiro Graphic Designer 01636 andy@nalcgroup.co.uk558200 Harry Day IT Technician 0207 0789755 it@nalcgroup.co.uk Nataliya Kirilova Auction natalia@nalcgroup.co.ukAssistantSupport 0207 0789755 Michael Edwards Sales Negotiator 0207 0789755 sales@nalcgroup.co.uk Abdulla Altamimi Sales Representative Bahrain Office abdulla@londoncityauctions.com Charlie-ann Bennett Senior Sales Negotiator 0207 0789755 charlie@nalcgroup.co.uk Isa Alagili Sales Representative Bahrain Office isa@londoncityauctions.com
londoncityauctions.com 0207 0789755 or 01636 558200 5 LOT 1 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. London City Auctions would like to welcome you to our new offices at 26 Buckingham Palace Road, London and Bahrain. We couldn’t be more excited to be working with our team to achieve and execute the company’s growth plans alongside the office development. We look forward to seeing you at the auctions and our offices in 2022. Welcome to our London & Bahrain Offices
londoncityauctions.com 0207 0789755 or 01636 558200 6 London City Auctions are proud to be associated with The Hard Rock Hotel. Investment updates from 1pm, Auction starts at 2pm Great Cumberland Place, Marylebone, London, W1H 7DL Tel:02075235053
BIDDING OPTIONS
ONLINE BIDDING
To bid in person you can register on the day or pre-register via our website.Don’t forget to bring your ID Documents (Passport or Driving Licence plus proof of address) –please refer to page 68 of this catalogue for a full list ofacceptable documentation. Please ensure have means to pay the deposit andour Contract Documentation fee.
IN PERSON BIDDING
You will need to be pre-registered to bid and have paid a security deposit of a minimum of £500 (£2,000 deposit for lots over £3,000, £4,000 deposit for lots over £100,000 and £5,000 deposit for all overseas buyers). If successful, this initial payment will form part of the deposit payable on the fall of the gavel. The remainder of which will need tobe paid immediately after your winning bid. If you are not the winning bidder your initial deposit will be released and returned to you within 48 hours.
TELEPHONE BIDDING
We agree a limit prior to the auction and bid on your behalf in the auctionroom. Complete the form on pages 99-100 of this catalogue confirming yourmaximum bid and return to us by the deadline. We will then send you a link to complete our required identity verification checks. You will also need to pay a contract deposit (minimum of £500) plus our Contract fee of £1,000.
This will be a live auction held at our Newark office. You have four options to bid. In person, by attending the venue on the day, bid online, bid by telephone or by proxy.
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 will call you when the lot you are interested in comes up and take livebids from you over the telephone. Complete the form on p99-100 of this catalogue and return to us. We will then send you a link to complete our required identity verification checks. You will also need to pay a contractdeposit in advance (minimum of £500) plus our Contract fee of £1,000.
PROXY BIDDING
londoncityauctions.com 0207 0789755 or 01636 558200
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If you have any questions on bidding or registration don’thesitate to call us on 01636 558 200 oremail us at sales@nalcgroup.co.uk
The easiest way to register is by contacting our office or click on the online bidding link on our homepage and follow the instructions. You will be asked to complete a Credas anti-money laundering check, provide the Buyer name for the contract, state your source of funds and pay the initial security deposit. Once these steps are complete you will be all set for online bidding!
further
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.
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.
• The auctioneer will provide a hard and soft copy of the exchanged contract to both parties within 24hours post auction.
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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.
17. •BiddingThe auctioneer will announce each lot and refer to any last minute changes.
• Inspect
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.
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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.
15. Guide prices are for guidance purposes only, and represent the range within which the reserve (The minimum figure at which the lot can be sold) may be set at the time of the catalogue printing. Guides may change at any time before the auction, and properties could sell above or below the figures quoted, but we do update them on our auction websites each working day up to the last day before the auction, and they are shown in the addendum. If a change occurs after this publication deadline then an announcement will be made from the rostrum. If the final guide price is stated as a single figure then the reserve will be within 10% of the stated figure.
16. Before bidding all bidders need to provide a valid form of ID. Please refer to the bidder registration form in the catalogue or contact us. The deposit and the buyer’s premium need to be transferred or agreed with the auctioneer in writing prior to authorisation to bid online.
• The auctioneer will invite bids at a particular level and you can make this bid by typing in your offer.
• All lots offered are subject to an undisclosed reserve price.
8
Important notice Guide to buying at auction auction will be held online or in person. You can bid at our sales by visiting Our Remote Bidding Page. For information please call the property office on 0207 0789755 or 01636 558200. 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. A prudent buyer before bidding take professional advice from a solicitor and, in appropriate cases, a surveyor and accountant the conditions the Lot the content of our documents the accuracy of the catalogue Have finance available for the deposit and thepurchase VAT registration election conditions assume that the buyer has acted like a prudent If choose to buy a lot without taking these normal precautions do so at own risk. are for identification purposes only to assist in the location of the property and they are not intended to show the interest to be sold. Such photographs are expressly excluded from the contract of plans are reproduced with the permission of Ordinance Survey under license number 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. In any ‘lease details’ information ground rent maybe payable and may rise whether or not it is stated. Dimensions/ accommodationareas/supplied and legal documents such as lease and EPCs should not be relied upon and should be verified by your own inspection/measuring.
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4. Photographs or plans
5. There may be updates 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 easyliveauction.com.at 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.
• 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.
• The auctioneers shall account out to all parties the balance of their deposit and/ or outstanding balance, within 5 working days post auction.
and plans
• Read
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.
18. After the (online) auction
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.
londoncityauctions.com 0207 0789755 or 01636 558200 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.
• If successful, the auctioneer will complete memorandumtheof sales on the buyer’s immediatelybehalfpost auction.
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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.
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 conditions.documentation/special
• 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.
2.
• 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.
Requirements for bidders and buyers under the money laundering regulation
•
2.
Bidder bidding(individualattheauction) 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
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.
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.
If
4.
7. For an LLP, ID for 2 designated members
Provider of funds for deposit
3.
3. Proof of Registered Office Address Full Name of Board of Directors ID for the individual(s)controlling the transaction 6. ID for the individual(s) who (directly or indirectly) holds more than 25% of the capital, profits or voting rights
By Law 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.
3.
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•
4.
1.
The Regulations requires us to carry out customer due diligence. This includes the identification The Buyer The Bidder- if different from the buyer and The person providing funds for the deposit 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.
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. requirements
5.
2. Documentary evidence of the link between the bidder/buyer and the funds provider
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.
we
ID means the originals of • Photo ID issued by a government authority with full name, date of birth, passport, driving license • Proof of residential address such as a utility company or council tax bill or bank statement within the last three months
•of:
1. The deposit must be paid from bank or building society that is regulated by a Competent UK Regulatory Authority
Unincorporated business or partnership 1. ID for the individual(s) controlling the transaction 2. ID for the individual(s) who (directly or indirectly) holds more than 25% of the capital, profits or voting rights
1. Registration number 2. Certificate of Incorporation
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.
Who Minimum
Partnership
2. 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 part if different
Trusts 1. Copy of the trust deed 2. ID for two trustees, including the trustee controlling the transaction ID for any beneficiary with an interest of more than 25% Foreign companyRegistered 1. Certificate of Incorporation
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londoncityauctions.com 0207 0789755 or 01636 558200 12 Index A Lot Plot A5, Aylesbury Road, Aylesbury, Rowsham, HP22 4RH £5000 16 28B Beryl House, Spinel Close, Woolwich, London, SE18 1LL £175,000 46 33 Bridge Street, Evesham, Worcestershire, WR11 4SQ £180,000 8 PlotC 26, Land off Channel Avenue, Porth, Mid Glamorgan, CF39 9EX £3,000 36 Plot 27, Land off Channel Avenue, Porth, Mid Glamorgan, CF39 9EX £3,000 39 Plot 28, Land off Channel Avenue, Porth, Mid Glamorgan, CF39 9EX £3,000 43 Flat B11, Cheapside Chambers, 43 Cheapside, Bradford, BD1 4HP £18,000 17 49 Cherry Avenue, Southall, UB1 1DE £780,000 41 Plots B11, Crampshaw Lane, Ashtead, KT21 2TZ £1,000 27 Flat 68 Cross Lane, Huddersfield, Yorkshire, HD4 6DL £65,000 31 PlotD 227 Down Lane, Compton, Guildford, GU3 1DQ £5,000 2 Plot 231 Down Lane, Compton, Guildford, GU3 1DQ £5,000 14 Plot 235 Down Lane, Compton, Guildford, GU3 1DQ £5,000 21 Plot 6 at Dudley Road, Rowley Regis, West Midlands, B65 8JY £8,000 6 Plot 7 at Dudley Road, Rowley Regis, West Midlands, B65 8JY £8,000 7 Plot C38, Dundry Lane, Dundry, Bristol, Somerset, BS41 8JQ £3,000 11 Plot C38, Dundry Lane, Dundry, Bristol, Somerset, BS41 8JQ £3,000 11A PlotF 2, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG £17,000 32 Plot 3, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG £17,000 33 Plot 4, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG £17,000 34 1-3 Foxhall Square, Blackpool, Lancashire, FY1 5BJ £160,000 40 AccessG Ways to the rear of 30-37 Godalming Avenue, Wallington, Surrey, SM6 8NW £3,000 18 H Plot A293 Hadlow Road, Tonbridge, Kent, TN10 4LP £3,000 42 Plot B23, Hadlow Road, Tunbridge, Kent, TN10 4LP £2,000 9 Plot B24, Hadlow Road, Tunbridge, Kent, TN10 4LP £2,000 23 Apartment 41 Hallgate, Salem Street, Bradford, BD1 4NN £20,000 3 Lot 45 Hawstead Road, Catford, London, SE6 4JL £400,000 26 39 High Street, Rhyl, Clwyd, LL18 1EN £195,000 20 453 - 455 Holderness Road, Hull HU8 8JT £600,000 22 J 490 John Williamson Street, South Shields, NE33 5HW £45,000 19 SouthL Block 13, Potential Development Land at Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £2000 per plot 28 Plot A328 Long Reach, Ockham, Woking, Surrey, GU23 6PG £2,000 45 Plot A379 Long Reach, Ockham, Woking, Surrey, GU23 6PG £2,000 37 11-13M Marine Road, Pensarn, Abergele, Conwy, LL22 7PR £330,000 38 Plot D152 Marlow Road, Lane End, High Wycombe, Bucking hamshire, HP14 3JW £3,000 30 Land and Pathways to the rear of Merebank Lane, Croydon, London, CR0 4NP CR0 4NP £200 4 44 Murray Street, Hartlepool, County Durham, TS26 8PH £60,000 1 N 129 Nairne Street, Burnley, Lancashire, BB11 4PD £47,000 15 P 36 Poplar Street, Birkby, Huddersfield, Yorkshire, HD2 2PA £50,000 5 ApartmentR 24, The Mansion House, Redwing Crescent, Long wood, Huddersfield, HD3 4RL £50,000 25 46 Rosedale Avenue, Blackpool, Lancashire, FY4 4JB £110,000 35 37S South Parade, Pensarn, 5-11 Wellington Street, Lake District, Cumbria LA18 4DF £310,000 44 290 - 292 Southcoates Lane, Hull, HU9 3AP £300,000 13 50 Sunny Bank, Hull, HU3 1LQ £200,000 10 52 Sunny Bank, Hull, HU3 1LQ £200,000 24 37WSouth Parade, Pensarn, Abergele, Conwy, LL22 7RH £250,000 29 2 sections of Amenity Land at Wingrave Crossroads, Aylesbury Road, Rowsham, HP22 4RH £250,000 12
londoncityauctions.com 0207 0789755 or 01636 558200 13 Order of sale 1 44 Murray Street, Hartlepool, County Durham, TS26 8PH £60,000 2 Plot 227 Down Lane, Compton, Guildford, GU3 1DQ £5,000 3 Apartment 41 Hallgate, Salem Street, Bradford, BD1 4NN £20,000 4 Land and Pathways to the rear of Merebank Lane, Croydon, London, CR0 4NP £200 5 36 Poplar Street, Birkby, Huddersfield, Yorkshire, HD2 2PA £50,000 6 Plot 6 at Dudley Road, Rowley Regis, West Midlands, B65 8JY £8,000 7 Plot 7 at Dudley Road, Rowley Regis, West Midlands, B65 8JY £8,000 8 33 Bridge Street, Evesham, Worcestershire, WR11 4SQ £175,000 9 Plot B23, Hadlow Road, Tunbridge, Kent, TN10 4LP £2,000 10 50 Sunny Bank, Hull, HU3 1QL £200,000 11 Plot C38, Dundry Lane, Dundry, Bristol, Somerset, BS41 8JQ £3,000 11A Plot C39, Dundry Lane, Dundry, Bristol, Somerset, BS41 8JQ £3,000 12 2 sections of Amenity Land at Wingrave Crossroads, Aylesbury Road, Rowsham, HP22 4RH £250,000 13 290 - 292 Southcoates Lane, Hull, HU9 3AP £300,000 14 Plot 231 Down Lane, Compton, Guildford, GU3 1DQ £5,000 15 129 Nairne Street, Burnley, Lancashire, BB11 4PD £47,000 16 Plot A5, Aylesbury Road, Aylesbury, Rowsham, HP22 4RH £5,000 17 Flat B11, Cheapside Chambers, 43 Cheapside, Bradford, BD1 4HP £18,000 18 Access Ways to the rear of 30-37 Godalming Avenue, Wallington, Surrey, SM6 8NW £3,000 19 490 John Williamson Street, South Shields, NE33 5HW £45,000 20 39 High Street, Rhyl, Clwyd, LL18 1EN £195,000 21 Plot 235 Down Lane, Compton, Guildford, GU3 1DQ £5,000 22 453 - 455 Holderness Road, Hull HU8 8JT £600,000 23 Plot B24, Hadlow Road, Tunbridge, Kent, TN10 4LP £2,000 24 52 Sunny Bank, Hull, HU3 1QL £200,000 25 Apartment 24, The Mansion House, Redwing Crescent, Longwood, Huddersfield, HD3 4RL £50,000 26 45 Hawstead Road, Catford, London, SE6 4JL £400,000+ 27 Plots B11, Crampshaw Lane, Ashtead, KT21 2TZ £1,000 28 South Block 13, Potential Development Land at Larbourne Farm, Iver, Buckinghamshire, SL0 9DS £2,000 per plot 29 5-11 Wellington Street, Lake District, Cumbria, LA18 4DF £250,000+ 30 Plot D152 Marlow Road, Lane End, High Wycombe, Buckinghamshire, HP14 3JW £3,000 31 Flat 68 Cross Lane, Huddersfield, Yorkshire, HD4 6DL £65,000 32 Plot 2, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG £17,000 33 Plot 3, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG £17,000 34 Plot 4, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG £17,000 35 46 Rosedale Avenue, Blackpool, Lancashire, FY4 4JB £110,000 36 Plot 26, Land off Channel Avenue, Trebanog, Porth, Mid Glamorgan, CF39 9EX £3,000 37 Plot A379 Long Reach, Ockham, Woking, Surrey, GU23 6PG £2,000 38 11-13 Marine Road, Pensarn, Abergele, Conwy, LL22 7PR £330,000 39 Plot 27, Land off Channel Avenue, Trebanog, Porth, Mid Glamorgan, CF39 9EX £3,000 40 1-3 Foxhall Square, Blackpool, Lancashire, FY1 5BJ £160,000 41 49 Cherry Avenue, Southall, UB1 1DE £780,000 42 Plot A293 Hadlow Road, Tonbridge, Kent, TN10 4LP £3,000 43 Plot 28, Land off Channel Avenue, Trebanog, Porth, Mid Glamorgan, CF39 9EX £3,000 44 37 South Parade, Pensarn, Abergele, Conwy, LL22 7RH £310,000 45 Plot A328 Long Reach, Ockham, Woking, Surrey, GU23 6PG £2,000 46 28 Beryl House, Spinel Close, Woolwich, London, SE18 1LL £180,000+
LOCATION
FirstACCOMODATIONFloor Entrance and staircase, two bedrooms, lounge, kitchen area, and bathroom with WC. Ground Floor Retail outlet.
TENURE Freehold COUNCIL TAX BAND A EPC RATING
londoncityauctions.com 0207 0789755 or 01636 558200
TOTAL RENT PAYABLE Generating a combined income of £7,560 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 our website, auction addendum and you are advised to check the website regularly for updates.
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 £4000 + VAT upon exchange of the contract.
This property has all necessary amenities nearby, schools, post offices and petrol stations within 5 miles. Murray Street has a variety of local shops and is approximately half a mile from the town centre. What3words - rigid.spots.edgy.
15
D with the possibility of achieving a C rating for the flat. E for the ground floor shop.
LOT 1 Guide £60,000Price44 Murray Street, Hartlepool, County Durham, TS26 8PH FREEHOLD MIXED USE INVESTMENT OPPORTUNITY
LEASEHOLD IDEAL STUDENT3
The plots forms part of a larger site which is conveniently located in Guildford, only half a mile from Guildford Town Centre. Close to the main development and in a much sought after area.
londoncityauctions.com 0207 0789755 or 01636 558200 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. 16 LOT 2 Plot 227 Down Lane, Compton, Guildford, GU3 1DQ FREEHOLD LAND INVESTMENT OPPORTUNITY Guide £20,000Guide£5,000PricePrice
FLATLOT
TENURE Freehold RIGHTS, EASEMENTS AND WAYLEAVES
DESCRIPTION Plot 227 is a triangular shaped plot measuring approx. 1,396 sq m / 15,026 sq ft.
TENURE Leasehold - Vacant psossession on completion COUNCIL TAX BAND A EPC RATING C BUYER’S PREMIUM
M25 motorway is only 6 miles away and Central London is only about half an hour away.
PROPERTY
ACCOMODATION
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 £3000 + VAT upon the exchange of contract.
One bedroom with en-suite, shower room with WC, lounge with kitchen.
LOCATION
Located in Bradford city centre, close to the University with excellent transport links and close to Broadway shopping centre, viewing essential. What3words - part.pumps.reason.
LOCATION
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 £4000 + VAT upon the exchange of contract.
Apartment 41, Hallgate, Salem Street, Bradford, BD1 4NN
The land is sold subject to and with the benefits of any rights of way, easements and wayleaves and to all outgoings and charges connected with it or chargeable upon it whether mentioned or not on our website or brochure.
BUYER’S PREMIUM
Guide and reserve price
TENURE Freehold BUYER’S PREMIUM
i
LOT 4
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 £2000 + VAT upon the exchange of contract.
FREEHOLD
An administrative charge of £1000 is payable at the same time as the contractual deposit on each lot purchased. In the event of non-payment, 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.
londoncityauctions.com 0207 0789755 or 01636 558200 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. 17
Further information Contract charge and documentation charge
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.
Land and Pathways to the rear of Merebank Lane, Croydon, London, CR0 4NP ACCESS WAY INVESTMENT Guide£200Price LOCATION
DESCRIPTION
Land and alleyways: A freehold rear and side alleyway giving access to the rear gardens of properties on Merebank Lane. The Parcel of land is located to the rear of these five properties providing access to rear gardens. The land can be accessed from Merebank lane adjacent to number 13 and continues to the rear of number 31 Merebank Lane.
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.
The land is located in Croydon close to all amenities and within walking distance to Whaddon Train station. With direct access to the A23 and A232. It is one of the largest commercial districts in Greater London, with an extensive shopping district and night-time economy. What3words - nature.lungs.lazy.
FirstACCOMODATIONFloor Double bedroom, bathroom. Ground Floor Entrance lobby, lounge, kitchen. Lower Ground Cellar with potential for conversion. Outside Private rear garden, small garage and dropped kerb.
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TERRACE
LOT 5
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. Street, Huddersfield, THREE BEDROOM MID PROPERTY 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. What3words - data.snow.combining.
Birkby,
TENANCY £6,600 P.A.
0207
Yorkshire, HD2 2PA FREEHOLD
TENURE Leasehold - 879 Years Remaining. COUNCIL TAX BAND A EPC RATING C 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 £4000 + VAT upon exchange of the contract.
18 Guide £50,000Price36 Poplar
DESCRIPTION Plot 7 is an irregular shaped site and is approximately 510.03 sq.m (5,490 sq.ft).
Plot 7 at Dudley Road, Rowley Regis, West Midlands, B65 8JY
TENURE Freehold PLANNING
It is considered that the site may be suitable for redevelopment for a variety of uses as well as residential development (STP.) Interested parties must rely on their own enquiries to Sandwell Metropolitan Borough Council - www.sandwell.gov.uk in this regard.
LOT 7
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 £2500 + VAT upon exchange of contracts.
Rowley Regis is south of Dudley and west of Birmingham with rail links to central London. The land is situated to the rear of residential homes with access via Dudley Road opposite Springfield Social Club. What3words – urgent.woven.towers.
FREEHOLD LAND INVESTMENT
19 LOT 6
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 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 £2500 + VAT upon exchange of contracts.
DESCRIPTION Plot 6 is an irregular shaped site and is approximately 564.38 sq.m (6,075 sq.ft).
Plot 6 at Dudley Road, Rowley Regis, West Midlands, B65 8JY
FREEHOLD LAND INVESTMENT Guide Guide£8,000PricePrice£8,000
LOCATION
Rowley Regis is south of Dudley and west of Birmingham with rail links to central London. The land is situated to the rear of residential homes with access via Dudley Road opposite Springfield Social Club. What3words – urgent.woven.towers.
TENURE Freehold PLANNING
It is considered that the site may be suitable for redevelopment for a variety of uses as well as residential development (STP.) Interested parties must rely on their own enquiries to Sandwell Metropolitan Borough Council - www.sandwell.gov.uk in this regard.
LOCATION
londoncityauctions.com 0207 0789755 or 01636 558200
londoncityauctions.com 0207 0789755 or 01636 558200 20 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 £175,000Price33 Bridge Street, Evesham, Worcestershire WR11 4SQ FREEHOLD INCOME PRODUCING MIXED RESIDENTIAL AND COMMERCIAL INVESTMENTLOT 8 LOCATION Situated in a prominent mixed residential and commercial catchment area, opposite the Riverside Shopping centre with occupiers including Home Bargains, New Look, Sports Direct along with other nearby multiples including Shoezone, Costa, Boots, HSBC, Card Factory and Specsavers. Further trade may be gained from passing pedestrians going to and from Evesham railway station. What3words - primary.kilt. rebounds. TOTAL RENT PAYABLE £12,960 P.A. TENURE Freehold EPC RATING E VAT VAT is applicable to this lot 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 contracts ACCOMODATION/TENANCIES (APPROX. DIMENSIONS) Floor Use Floor Areas Tenancy Rent P.A. Second Ancillary 65.03 sq.m (700 sq.ft) Vacant First Ancillary 41.80 sq.m (450 sq.ft) Vacant Ground Retail 113.80 sq.m (1,225 sq.ft) Let to a Phone Shop on a renewed lease for a term of 15 years from 2/1/2022. £12,960 Note We understand that the ground floor lessee has been in occupation since 2015 / 2016 and trading as a phone shop for sales and repairs.
The site can be accessed just off 137 Hadlow Rd, Tonbridge TN9 1QE, heading down the road leading to a barn with a gate nearby accessing the land itself. Being just off A26 North off Tonbridge and just one hour by road south central London. What3words - nsand.jelly.scan
londoncityauctions.com 0207 0789755 or 01636 558200 21Please 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 £2,000PricePlot B23 Hadlow Road, Tonbridge, Kent, TN10 4LP FREEHOLD LAND INVESTMENTLOT 9 LOCATION
Successful Bidders 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.
TENURE Freehold BUYER’S PREMIUM
A rectangular shaped plot, measuring approx. 200 sqm (STMS). 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.
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 £2000 + VAT upon exchange of the contract.
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.
DESCRIPTION
Sale and Special Conditions
Kingston upon Hull, usually abbreviated to Hull, is a port city in the East Riding of Yorkshire. It lies upon the River Hull at its confluence with the Humber Estuary, 25 miles (40 km) inland from the North Sea, 50 miles (80 km) east of Leeds, 34 miles (55 km) south-east of York and 54 miles (87 km) north-east of Sheffield. With a population of 259,778 (mid-2019 est.), Hull is the fourth-largest city in the Yorkshire and the Humber region.
Ground Floor
EPC
BUYER’S PREMIUM Applies
TENURE
londoncityauctions.com 0207 0789755 or 01636 558200 22 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 £200,000+Price50 Sunny Bank, Hull, HU3 1LQ FREEHOLD GROUND FLOOR & FIRST FLOOR FLATS - INVESTMENTLOT 10 LOCATION
ACCOMODATION Recently
First
What3words - grows.tape.reach. fitted Kitchen, reception, bathroom, bedroom. Refurbished throughout, Double Glazing. Floor Flat approx. 98 sq metres Flat approx. 79 sq metres To be advised. Freehold COUNCIL TAX BAND A RATING C+C 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.
TENANCY
Dundry is a village situated on Dundry Hill in the northern part of the Mendip Hills, between Bristol and the Chew Valley Lake, in the county of Somerset. The parish includes the hamlets of Maiden Head and East Dundry. 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.
DESCRIPTION
Guide £3,000PricePlot C39, Dundry Lane, Dundry, Bristol, BS41 8JQ
What3words - grain.hiding.vent.
An opportunity to buy plot of land C38 measuring approx. 0.2 acres (STMS) in Dundry, Bristol. This 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.
FREEHOLD PONY PADDOCK/AMENITY LAND - INVESTMENTLOT 11 LOCATION
TENURE Freehold BUYER’S PREMIUM
FREEHOLD PONY PADDOCK/AMENITY LAND - INVESTMENTLOT 11A
londoncityauctions.com 0207 0789755 or 01636 558200 23
DESCRIPTION
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 £2000 + VAT upon exchange of the contract.
What3words - grain.hiding.vent.
Dundry is a village situated on Dundry Hill in the northern part of the Mendip Hills, between Bristol and the Chew Valley Lake, in the county of Somerset. The parish includes the hamlets of Maiden Head and East Dundry. 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.
An opportunity to buy plot of land C39 measuring approx. 0.2 acres (STMS) in Dundry, Bristol. This 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
TENURE 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 £2000 + 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 £3,000PricePlot C38, Dundry Lane, Dundry, Bristol, BS41 8JQ
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. Crossroads, Road,
Rowsham, HP22 4RH FREEHOLD LAND INVESTMENT OPPORTUNITYLOT 12/12A
DESCRIPTION Accessible directly off the A418 road these 2 sections can be sold together or separately.
24 Guide £250,000Price2 sections of Amenity Land at Wingrave
londoncityauctions.com 0207 0789755 or 01636 558200
Wingrave lies to the North East of the centre of Aylesbury and South West 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, South East 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. What3words - register.strong.teach.
LOCATION
With one section approximately 3.93 acres (STMS) in size and the other approximately 3.70 acres (STMS), they come together to make a total of 7.63 acres (STMS) available for purchase. With only an access strip separating the two pieces of land they are the ideal investment for people seeking land for agricultural, amenity or recreational usage (subject to consents from the local council). The land could also be purchased with a longer future use of gaining planning consent for other uses.
TENURE Freehold BUYER’S PREMIUM
Aylesbury
Situated approximately 2 miles from Hull City Centre and located within an established residential location. The buildings are located in a secondary commercial parade of local shops and is surrounded by high density residential housing. Near by occupiers include a pharmacy, several take away restaurants and a hairdresser. Further trade may be gained form the high level of vehicular traffic and pedestrian footfall from the surround area.
RENT PAYABLE
londoncityauctions.com 0207 0789755 or 01636 558200 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. 25 Guide £300,000Price290 - 292 Southcoates Lane, Hull HU9 3AP
MIXED RESIDENTIAL AND
P.A. EPC RATING No.290 - D. No.292 - C. 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. ACCOMODATION/TENANCIES (APPROX. DIMENSIONS) Address Accomodation Tenancy Rent P.A. 290 Southcoates Lane Retail unit with staff WC. Approximately 36.43 sq m (392.1 sq ft) TBC £3636 292 Southcoates Lane Retail unit with staff WC. Approximately 77.5 sq m (834.2 sq ft) TBC £4940 292 Southcoates Lane 1 x 1 bedroom, 2 x 2 bedroom self-contained flats TBC £11,700
What3words - goes.wiring.fingernails.
INCOME PRODUCING COMMERCIAL PROPERTY -
TOTAL £20,276
INVESTMENTLOT 13 LOCATION
londoncityauctions.com 0207 0789755 or 01636 558200
FREEHOLD INVESTMENT OPPORTUNITY LOCATION
The plots forms part of a larger site which is conveniently located in Guildford, only half a mile from Guildford Town Centre. Close to the main development and in a much sought after area. M25 motorway is only 6 miles away and Central London is only about half an hour away.
DESCRIPTION Plot 231 is a square shaped plot measuring approx. 1,012 sq m / 10,893 sq ft.
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 contact info@londoncityauctions.com
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.
Remote Bidding Advice
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.
LOT 14
Adapting to the current situation, and wanting everyone to be able to attend our events when possible, we have several remote bidding options available. You can submit a telephone bid, a proxy bid, mobile bids 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.
Internet bidding/Mobile bidding
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.
In all cases, 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.
TENURE Freehold RIGHTS, EASEMENTS AND WAYLEAVES
26 Guide £5,000PricePlot 231 Down Lane, Compton, Guildford, GU3 1DQ
BUYER’S PREMIUM
Pre-registration
Telephone bidding
Proxy bidding
The land is sold subject to and with the benefits of any rights of way, easements and wayleaves and to all outgoings and charges connected with it or chargeable upon it whether mentioned or not on our website or brochure.
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 from the auction page), watch the real time video and place your bids accordingly.
Bidding on your behalf
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.
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.
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 £3000 + VAT upon the exchange of contract.
What3words - dish.purchaser.grafted.
DESCRIPTION Plot A5 is rectangular in shape and is measured at 0.708 acres. The plot for sale offers 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. Alternatively a buyer may wish to sell the plot at a later stage or hold on to them for future strategic value.
TENURE Freehold 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 £3000 + VAT upon the exchange of contract.
What3words - atoms.natively.wages. FirstACCOMODATIONFloor Two bedrooms, bathroom. Ground Floor Two reception rooms, kitchen, rear porch and garden.
PROJECTLOT 15
Located in Burnley 21 miles (34 km) north of Manchester and 20 miles (32 km) east of Preston.
LEASEHOLD TWO BEDROOM MID TERRACE HOUSE IDEAL RENOVATION Guide £5,000PricePlot A5, Aylesbury Road, Rowsham, Aylesbury, Buckinghamshire, HP22 4RH
londoncityauctions.com 0207 0789755 or 01636 558200 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. 27 Guide £47,000Price129 Nairne Street, Burnley, Lancashire, BB11 4PD
FREEHOLD AMENITY/AGRICULTURAL LAND - INVESTMENTLOT 16
Leasehold – 877 Years Remaining. A C 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 £2000 + VAT upon exchange of the contract.
LOCATION
LOCATION
TENURE COUNCIL TAX BAND EPC RATING
This plot of land is located on part of Wingrave Cross Community and lies 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.
Please
COUNCIL TAX BAND EPC RATING
0207
FREEHOLD ACCESS WAY PROVIDING ASSET MANAGEMENT OPPORTUNITY - INVESTMENT
The land is located in Wallington a town in South London close to all amenities and within walking distance to Waddon Train station. With direct access to the A23 and A232. What3words - sends.barks.reader. DESCRIPTION
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 £3000 + VAT upon exchange of the contract.
D D
28 Guide £18,000PriceFlat B11, Cheapside Chambers, 43 Cheapside, Bradford, BD1 4HP LEASEHOLD ONE BEDROOM FLAT - INVESTMENTLOT 17
Land and alleyways: A freehold rear alleyway giving access to the rear gardens of the properties on Godalming Avenue. 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.
The property is nestled within a 5 minutes' drive from Lister Public Park. Leeds Bradford airport is at a 20-minute driving distance, and N9 bus stop is 50 metres away from Cheapside Chambers. Located in the heart of the city centre, over the road from Forster Square rail station.
londoncityauctions.com 0789755 01636 558200 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 £3,000PriceWays to the rear of 30-37 Godalming Avenue, Wallington, Surrey, SM6 8NW
Access
BUYER’S PREMIUM
LOCATION
TENURE Freehold 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 £3000 + VAT upon the exchange of contract.
ACCOMODATION Double bedroom, open plan living kitchen, shower room. TENURE Leasehold – approx. 293 Years Remaining. Ground rent - £249. Service charge - £650.
LOT 18 LOCATION
or
ACCOMODATION
Adapting to the current situation, and wanting everyone to be able to attend our events when possible, we have several remote bidding options available. You can submit a telephone bid, a proxy bid, mobile bids 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.
Proxy bidding
Pre-registration
TENURE COUNCIL TAX BAND EPC RATING
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.
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 from the auction page), watch the real time video and place your bids accordingly.
490 John Williamson Street, South Shields, NE33 5HW
Telephone bidding
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.
29 Guide £45,000Price
LEASEHOLD TWO BEDROOM FLAT - INCOME INVESTMENT PROPERTYLOT 19 LOCATION
TENANCY Currently achieving £5,400 P.A.
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 contact info@londoncityauctions.com
londoncityauctions.com 0207 0789755 or 01636 558200
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.
Two bedrooms, reception room, fitted kitchen, bathroom.
Leasehold – 59 Years Remaining. A Awaiting. Ground Rent – £15.
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.
Bidding on your behalf
In all cases, 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.
Internet bidding/Mobile bidding
Remote Bidding Advice
BUYER’S PREMIUM
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.
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 £4000 + VAT upon exchange of the contract.
South Shields is a coastal town in South Tyneside, Tyne and Wear, England. It is situated south of the River Tyne. Gyms, convenience stores, pubs and bars within 5 miles. Primary and secondary schools around the areas are rated good and outstanding by Ofsted. Has good transport links, this property is close to railway stations (less than 1 mile away). What3words - stages.tunes.hooks.
londoncityauctions.com 0207 0789755 or 01636 558200 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. 30 Guide £195,000Price39 High Street, Rhyl, Denbighshire LL18 1EN
FREEHOLD COMMERCIAL ACCOMODATION - PART VACANT INVESTMENT
Floor Use Floor Areas Tenancy Rent
Vacant Ground Retail
What3words - found.nature.doctor.
hearing care services. Note We
Vacant First Ancillary
LOT 20 LOCATION
TOTAL RENT PAYABLE £18,000 P.A. TENURE Freehold EPC RATING D is not applicable to this lot. PREMIUM 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 £4,000 + VAT upon exchange of DIMENSIONS) P.A. sq.m (492 sq.ft) sq.m (492 sq.ft) 77.1 sq.m (830 sq.ft) 96.41 sq.m (1,038 sq.ft) Let to Scrivens Limited (1) on a lease for a term of 10 years from 9/11/2015. £18,000 (1) Scrivens Limited established in 1942 operates from over 170 outlets nationwide. Scrivens provide opticians and are advised that there is potential for re-development of the upper parts into 3 / 4 self-contained flats. Subject to the necessary planning consents. Prospective purchasers must rely on their own enquiries in this regard.
Third Ancillary 45.7
VAT VAT
BUYER’S
Situated in a prominent mixed residential and commercial catchment area, adjacent to the White Rose Shopping Centre with occupiers including Boots, New Look, Costa Coffee, Sports Direct, Superdrug. Further trade may be gained from passing pedestrians going to and from Rhyl railway station. Rhyl Beach is also within close proximity.
contracts. ACCOMODATION/TENANCIES (APPROX.
Applies
BUILDING, ANCILLIARY
Vacant Second Ancillary 45.7
Guide £5,000Price
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.
londoncityauctions.com 0207 0789755 or 01636 558200
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.
31
The plots forms part of a larger site which is conveniently located in Guildford, only half a mile from Guildford Town Centre. Close to the main development and in a much sought after area. M25 motorway is only 6 miles away and Central London is only about half an hour away.
Viewing arrangements 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.
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. 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.
DESCRIPTION Plot 235 is a square shaped plot measuring approx. 1,012 sq m / 10,893 sq ft.
235
BUYER’S PREMIUM
GU3 1DQ FREEHOLD LAND INVESTMENTLOT 21
Plot Down Lane, Compton, Guildford, LOCATION
Additional information for buyers is available from londoncityauctions.com or call our office on 0207 0789755 or 01636 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.
TENURE Freehold RIGHTS, EASEMENTS AND WAYLEAVES
The land is sold subject to and with the benefits of any rights of way, easements and wayleaves and to all outgoings and charges connected with it or chargeable upon it whether mentioned or not on our website or brochure.
Viewings
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 £3000 + VAT upon the exchange of contract.
londoncityauctions.com 0207 0789755 or 01636 558200 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. 32 ACCOMODATION/TENANCIES (APPROX. DIMENSIONS) Address Accomodation Tenancy Rent P.A. 453 Holderness Road Front Hairdressers space, 3 beauty rooms, rear retail storage space, staff room, washroom, separate WC. Approximately 105.7 sq m (1,138 sq.ft) TBC £8,319.96 455 Holderness Road Front of House area, Kitchen, Preparation room 1, Preparation room 2, Retail frontage, 108.9 sq m 1,171.9 sq.ft TBC £4,940 453 - 455 a, b, c, d Holderness Road 4 x 1 bedroom self-contained flats. TBC £14,400 Guide £600,000Price453 - 455 Holderness Road, Hull HU8 8JT PAIR OF FREEHOLD THREE FLOOR RETAIL UNITS INCOME PRODUCING - INVESTMENTLOT 22 LOCATION Situated approximately 2 miles from Hull City Centre and located within an established residential location. The buildings are located in a secondary commercial parade of local shops and is surrounded by high density residential housing. Near by occupiers include a pharmacy, several take away restaurants and a hairdresser. Further trade may be gained form the high level of vehicular traffic and pedestrian footfall from the surround area. What3words - public.served.ample. TENANCY Currently achieving approx. £27,659.96 P.A. EPC RATING No.453 - D No.455 - C. 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.
The site can be accessed just off 137 Hadlow Rd, Tonbridge TN9 1QE, heading down the road leading to a barn with a gate nearby accessing the land itself. Being just off A26 North off Tonbridge and just one hour by road south central London.
33
FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. 200sqm (STMS)
What3words - sand.jelly.scan.
TENURE Freehold BUYER’S PREMIUM
LOCATION
Guide £2,000Price
londoncityauctions.com 0207 0789755 or 01636 558200
DESCRIPTION A rectangular shaped plot, measuring approx. 200 sqm (STMS). This land is flat and clear of all trees, the plots would be suitable for a variety of uses including amenity uses such as animalgrazing. The land does benefit from some future hope value subject to obtaining the required consents.
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 £3000 + VAT upon exchange of the contract. Plot B24 Hadlow Road, Tonbridge, Kent, TN10 4LP
LOT 23
FREEHOLD TWO FLOOR SEVEN BEDROOM MID TERRACE HOUSE - INVESTMENT LOCATION
ACCOMODATION
Seven bedroom, two reception rooms, kitchen, bathroom and two property extensions, GCH and double glazing.
TENURE Freehold. COUNCIL TAX BAND D EPC RATING E 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.
LOT 24
londoncityauctions.com 0207 0789755 or 01636 558200 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. 34 Guide £200,000+Price52 Sunny Bank, Hull, HU3 1LQ
Kingston upon Hull, usually abbreviated to Hull, is a port city and unitary authority in the East Riding of Yorkshire, England. It lies upon the River Hull at its confluence with the Humber Estuary, 25 miles (40 km) inland from the North Sea, 50 miles (80 km) east of Leeds, 34 miles (55 km) south-east of York and 54 miles (87 km) north-east of Sheffield. With a population of 259,778 (mid-2019 est.), Hull is the fourth-largest city in the Yorkshire and the Humber region. What3words - client.frogs.swung.
TENANCY Currently achieving approx. £5100 P.A.
35 Guide £50,000Price
Guide and reserve price
Situated on the first floor, Entrance hall, lounge, Kitchen, bedroom, occasional room, bathroom., GCH, double glazing, parking space.
Huddersfield is a large market town in the Metropolitan Borough of Kirklees, West Yorkshire, England. 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. What3words - cabin.fired.pets.
An administrative charge of £1000 is payable at the same time as the contractual deposit on each lot purchased. In the event of non-payment, 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.
TENURE COUNCIL TAX BAND EPC RATING
Leasehold – 115 years remaining. A D BUYER’S PREMIUM
londoncityauctions.com 0207 0789755 or 01636 558200
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. Apartment 24, The Mansion House, Redwing Crescent, Huddersfield, HD3 4RL
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 £4000 + VAT upon exchange of the contract. i
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.
Further information Contract charge and documentation charge
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.
LEASEHOLD RESIDENTIAL INVESTMENT OPPORTUNITYLOT 25 LOCATION
ACCOMODATION
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FREEHOLD TWO BEDROOM MID TERRACED HOUSE - INVESTMENTLOT 26 LOCATION
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.
Guide45 Hawstead Road, Catford, London, SE6 4JL
What3words - album.strong.bumpy.
EPC RATING D
TENURE Freehold COUNCIL TAX BAND C
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
£400,000+Price
GCH and double glazing
A well established popular residential area close to the A21 main road. Catford is a district in south east London, England, and the administrative centre of the London Borough of Lewisham. It is southwest of Lewisham itself, mostly in the Rushey Green and Catford South wards.
ACCOMODATION
Single and double bedroom, bathroom, living room, Dining room, kitchen, rear of kitchen has a lean to front and rear garden with potential for an extension to the rear.
36
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, less than a 15 minute drive away from Heathrow Airport. and close to the M25 and M4 this is an ideal investment plot.
South, Block of 13, Larbourne Farm, Iver, Buckinghamshire SL0 9DS
37 £1,000PricePlot B11, Crampshaw Lane, Ashtead, Surrey, KT21 2TZ
FREEHOLD LAND WITH DEVELOPMENT POTENTIAL (STP) - INVESTMENT OPPORTUNITY28
Guide
PLOT OF LAND WITH FUTURE DEVELOPMENT POTENTIAL (STP) APPROX. 242sqm (0.6 acres) (STMS)LOT 27
TENURE 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.
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 £2000 + VAT upon exchange of the contract. Guide Price £2,000 per plot
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.
LOCATION
LOCATION
DESCRIPTION
LOT
TENURE Freehold BUYER’S PREMIUM
Ashtead is a large market town and benefits from easy access to both London and the surrounding area. The location is of significant natural beauty and is close by to the Epsom racetrack. The subject land is located on the south west of the title land and interested parties are referred to the legal pack for further information. What3words – agent.ready.pulled.
DESCRIPTION
Iver is a large civil parish in Buckinghamshire, England. 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.
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The site is situated within close proximity to an established residential development, with easy access to communication links via the M25. The site is located within a green belt site, planning will need prior approval for any redevelopment from the local authority. https://www.ashteadresidents.org.uk/planning/
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The town of Millom is located on the edge of the wonderful Lakes District in the southern part of Copeland. The property is situated in the centre of Millom upon the junction of Wellington Street and Crown Street. You can find a range of small local shops and amenities including Millon Park just overlooking the property and transport with direct links to rail stations less than 3 miles away.
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.
ACCOMODATION
LOT 29 LOCATION
38 Guide £250,000+Price5-11 Wellington Street, Lake District, Cumbria, LA18 4DF
What3words - elite.seatbelt.micro.
TENURE 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.
We are pleased to offer you this property with massive potential development, it is ideal for residential conversion, subject to obtaining the necessary planning consents. The property consists of a well-established building and has approx. 1,434 square metres with seven commercial units at the ground floor and considerable first and second floor ancillary space. The second and third floor provides significant potential for residential conversion.
or
0207
FREEHOLD MASSIVE INVESTMENT POSSIBLE DEVELOPMENT OPPORTUNITY
High Wycombe, often referred to as Wycombe is a large market town in Buckinghamshire, England. Lying in the valley of the River Wye surrounded by the Chiltern Hills, it is 29 miles (47 km) west-northwest of Charing Cross in London.
TENURE COUNCIL TAX BAND EPC RATING
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. What3words - lion.tigers.intend.
Leasehold – 115 years remaining. A C 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.
Purpose built flat, GCH, reception room, kitchen, two bedrooms, bathroom.
LOCATION
DESCRIPTION This plot of land measures approx. 0.11 acres (STMS) and is a great opportunity to buy some land in High Wycombe. This plot sits right next to a public right of way creating easy access to your plot. There have been previous planning applications in the land surrounding this plot and with close proximity to the B482 and the M40 this land has future hope value, subject to obtaining any required consents/applications with the local council.
londoncityauctions.com 0207 0789755 or 01636 558200 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. 39 Guide £3,000PricePlot D152 Marlow Road, Lane End, High Wycombe, Buckinghamshire, HP14 3JW FREEHOLD LAND INVESTMENTLOT 30 Guide £65,000PriceFlat 68 Cross Lane, Huddersfield, Yorkshire, HD4 6DL LEASEHOLD TWO BEDROOM FLAT - INVESTMENTLOT 31
ACCOMODATION
TENANCY Currently tenanted – income £4,740..
LOCATION
TENURE 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 £3000+ VAT upon exchange of the contract.
The historic town of Peterborough is approximately 9 miles away giving multiple shopping amenities and recreational facilities as well as being a well-travelled commuter belt link benefiting from regular direct trains to central London with a journey time around 60 minutes.
What3words - glider.vibrates.drizzly.
Site plot 2 A broadly rectangular parcel of land of approximately (STMS) 5,400 sq ft, 0.12 acres, 0.049 hectares.
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 £3000 + VAT upon exchange of the contract.
LOT 32
Coates is a small village close to the town of Whittlesey, in the English county of Cambridgeshire. Locally there is a post office, a primary school, two pubs and a fishing lake. The site is located only a short 7 minutes’ drive to the Whittlesey which enjoys a local market every Friday in the town Square and also benefits from numerous amenities close by, including several local independent shops and restaurants and hotels.
FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. (STMS) 5,400sq.ft (0.12 acres)
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.
These plots are situated between Peterborough to the west and the town of March to the east.
TENURE Freehold BUYER’S PREMIUM
Plot 2, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG
LOCATION
40
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DESCRIPTION
Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development potential to the site, however interested parties must rely on their own enquiries to Peterborough Borough Council planning department www.peterborough.gov.uk in this regard.
Guide £17,000Price
This plot is situated in Coates a small village close to the town of Whittlesey, Cambridgeshire. Locally there is a post office, a primary school, two pubs and a fishing lake. The historic town of Peterborough is approximately 9 miles away giving multiple shopping amenities and recreational facilities as well as being a well-travelled commuter belt link benefiting from regular direct trains to central London with a journey time around 60 minutes.
Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development potential to the site, however interested parties must rely on their own enquiries to Peterborough Borough Council planning department www.peterborough.gov.uk in this regard.
LOT 33 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. Plot 3, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. (STMS) 5,760sq.ft (0.132 acres) £17,000PricePlot 4, Land on the Southside of Fieldside, Coates, Peterborough, PE7 2BG FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. (STMS) 6,120sq.ft (0.14 acres)LOT 34
This plot is situated in Coates a small village close to the town of Whittlesey, Cambridgeshire. Locally there is a post office, a primary school, two pubs and a fishing lake. The historic town of Peterborough is approximately 9 miles away giving multiple shopping amenities and recreational facilities as well as being a well-travelled commuter belt link benefiting from regular direct trains to central London with a journey time around 60 minutes.
LOCATION
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TENURE 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 £3000 + VAT upon exchange of the contract.
LOCATION
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 £3000 + VAT upon exchange of the contract.
41 Guide £17,000Price
DESCRIPTION
DESCRIPTION
Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development potential to the site, however interested parties must rely on their own enquiries to Peterborough Borough Council planning department www.peterborough.gov.uk in this regard.
TENURE Freehold BUYER’S PREMIUM
FirstACCOMODATIONFloor Three bedrooms, one en-suite. Ground Floor Lounge, kitchen/diner, shower room.. Outside Front and rear gardens.
TENURE Freehold COUNCIL TAX BAND B 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 £4000 + VAT upon exchange of the contract.
EPC RATING E BUYER’S
londoncityauctions.com 0207 0789755 or 01636 558200 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. 42 Guide £110,000+Price46 Rosedale Avenue, Blackpool, Lancashire, FY4 4JB FREEHOLD THREE BEDROOM INCOME GENERATING PROPERTYLOT 35 LOCATION
Set within an established residential location in historic central Blackpool. This recently refurbished property is situated between Newhouse Road and Falkland Road and benefits from easy access to all local amenities as well as the world-famous Blackpool seafront and pier. Public transport can be found close by at Blackpool South Railway Station.
What3words - veal.snows.price.
TENANCY Currently achieving £9,600 P.A.
FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. (STMS) 5,400sq.ft (0.12 acres)
TENURE 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 £3000 + VAT upon exchange of contracts.
43 Guide £3,000Price
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.
LOT 36
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Approximately 21.3 miles (35 minutes’ drive) from Wales' vibrant capital city of Cardiff is within easy reach and offers all that a modern city has to offer including restaurants, shopping, museums, theatres, and nightlife. Porth is only 7 minutes’ drive away, it is a picturesque town in the county borough of Rhondda Cynon Taf, within the historic county boundaries of Glamorgan, Wales. Within a short drive or a train ride there are many attractions including Bike Park Wales, Royal Mint experience, National Lido of Wales, Rhondda Heritage Park and you have several magnificent castles such as Caerphilly and Castell Coch. What3words - mistaking.duties.leads.
Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development potential to the lot, however interested parties must rely on their own enquiries to Caerphilly County Borough Council, www.caerphilly.gov.uk in this regard.
Site plot 26 A broadly rectangular parcel of land of approximately (STMS) 5,400 sq ft, 0.12 acres, 0.048 hectares.
LOCATION
Plot 26, Land off Channel Avenue, Trebanog, Porth, Mid Glamorgan, CF39 9EX
Amenity Land available on Long Reach. The beautiful outskirts of Ockham Village. Ideal Investment opportunity to purchase a plot of land measuring approximately 212 Sqm (STMS). This site offers secure access with hard standing road running all the way to the plot. This land is flat and clear of all trees. The plot would be suitable for a variety of uses including amenity animal 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 consent.
TENURE Freehold BUYER’S PREMIUM
LOT 37
DESCRIPTION
Notes
londoncityauctions.com 0207 0789755 or 01636 558200 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. 44 Guide £2,000PricePlot A379 Long Reach, Ockham, Woking, Surrey, GU23 6PG
PLOT OF LAND WITH POSSIBLE FUTURE DEVELOPMENT POTENTIAL APPROX. 212sqm (STMS) 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 side. What3words – myself.slurs.quest.
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 £3000 + VAT upon exchange of contracts.
londoncityauctions.com 0207 0789755 or 01636 558200 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. 45
Abergele is a market town and community, situated on the north coast of Wales between the holiday resorts of Colwyn Bay and Rhyl, in Conwy County Borough and in the historic county of Denbighshire. Its northern suburb of Pensarn lies on the Irish Sea coast. Abergele and Pensarn railway station serves both resorts. Abergele is often overlooked due to the popularity of towns in nearby Rhyl, Prestatyn, Colwyn Bay, Llandudno and Conwy.
ACCOMODATION Seven self-contained flats arranged as 5 x one bed flats and 2 x two bed flats. Second Floor Two flats. First Floor Three flats. Ground Floor Two flats.. TENANCY Currently achieving £32,760 P.A. TENURE Freehold COUNCIL TAX BAND C EPC RATING C - D 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 contracts.
londoncityauctions.com 0207 0789755 or 01636 558200 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. 46 Guide £330,000Price11-13 Marine Road, Pensarn, Abergele, Conwy, LL22 7PR FREEHOLD INVESTMENT CONSISTING OF 7 SELF-CONTAINED FLATSLOT 38 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.
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Approximately 21.3 miles (35 minutes’ drive) from Wales’s vibrant capital city of Cardiff is within easy reach and offers all that a modern city has to offer including restaurants, shopping, museums, theatres, and nightlife. Porth is only 7 minutes’ drive away, it is a picturesque town in the county borough of Rhondda Cynon Taf, within the historic county boundaries of Glamorgan, Wales. Within a short drive or a train ride there are many attractions including Bike Park Wales, Royal Mint experience, National Lido of Wales, Rhondda Heritage Park and you have several magnificent castles such as Caerphilly and Castell Coch.
Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development potential to the lot, however interested parties must rely on their own enquiries to Caerphilly County Borough Council, www.caerphilly.gov.uk in this regard.
LOT 39
DESCRIPTION
TENURE 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 £3000 + VAT upon exchange of contracts.
LOCATION
Guide £3,000Price
Plot 27, Land off Channel Avenue, Trebanog, Porth, Mid Glamorgan, CF39 9EX FREEHOLD PLOT WITH DEVELOPMENT POTENTIAL (STMS) APPROX. 5,370sq.ft (0.123 acres)
47
Site Plot 27 A broadly rectangular parcel of land of approximately (STMS) 5,370 sq ft, 0.123 acres, 0.049 hectares
Ground Floor Retail unit, two toilets, Store room, rear door leading to yard. Freehold COUNCIL PREMIUM 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.
TAX BAND B EPC RATING D BUYER’S
Two bedrooms, large open plan reception and kitchen/diner, bathroom with WC.
Foxhall Square in Blackpool is in the northwest region of England. It’s a safe place to live with plenty of schools (primary and secondary), post office and amenities within 5 miles, railway stations less than 1.5 miles. What3words - copper.vines.tubes.
Three bedrooms, large open plan reception and kitchen/diner, bathroom with WC.
First Floor
londoncityauctions.com 0207 0789755 or 01636 558200 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. 48 Guide £160,000Price1-3 Foxhall Square, Blackpool, Lancashire, FY1 5BJ FREEHOLD THREE FLOOR MIXED USE COMMERCIAL BUILDINGLOT 40 LOCATION
TENURE
SecondACCOMODATIONFloor
Applies
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.
LOT 41
Situated at the end of a quiet cul-de-sac this is the only bungalow on the entire street. There is potential to demolish the existing dwelling and erect several units (STPP) on the land that is there currently.
Large reception room, Large kitchen, Two bathrooms, Three double bedrooms and one single bedroom, Central Heating, Double Glazing External Front Garden, Private rear garden, Off road parking for at least three cars, Large outbuilding.
InternalACCOMODATION
FREEHOLD FOUR BEDROOM DETACHED BUNGALOW - PLANNING POTENTIAL FOR 3-4 UNITS LOCATION
londoncityauctions.com 0207 0789755 or 01636 558200 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. 49 Guide £780,000+Price49 Cherry Avenue, Southall, UB1 1DE
What3words - filled.drop.wakes.
Walking distance to Crossrail, Southall Waterside Development, Southall Broadway, an array of local shops, places of worship, many local schools and Major Transport links. Southall is a large suburban district of West London, England, part of the London Borough of Ealing and is one of its seven major towns.
TENURE Freehold COUNCIL TAX BAND D EPC RATING D BUYER’S PREMIUM
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.
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 from the auction page), watch the real time video and place your bids accordingly.
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.
Telephone bidding
Internet bidding/Mobile bidding
FREEHOLD PLOT OF LAND APPROX. 212sqm (STMS)LOT 42 LOCATION
In all cases, 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.
Remote Bidding Advice
TENURE Freehold 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 £3000 + VAT upon the exchange of contract.
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.
DESCRIPTION Plot A293 is a rectangular shaped plot measuring approx. 212 sqm (STMS). 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.
50 Plot A293 Hadlow Road, Tonbridge, Kent, TN10 4LP
Adapting to the current situation, and wanting everyone to be able to attend our events when possible, we have several remote bidding options available. You can submit a telephone bid, a proxy bid, mobile bids 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.
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.
londoncityauctions.com 0207 0789755 or 01636 558200
Guide £3,000Price
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 contact info@londoncityauctions.com
Pre-registration
Proxy bidding
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.
The site can be accessed just off 137 Hadlow Rd, Tonbridge TN9 1QE, heading down the road leading to a barn with a gate nearby accessing the land itself. Being just off the A26 North of Tonbridge and just one hour by road south of central London. What3words – land.chained.puddles.
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.
Approximately 21.3 miles (35 minutes’ drive) from Wales' vibrant capital city of Cardiff is within easy reach and offers all that a modern city has to offer including restaurants, shopping, museums, theatres, and nightlife. Porth is only 7 minutes’ drive away, it is a picturesque town in the county borough of Rhondda Cynon Taf, within the historic county boundaries of Glamorgan, Wales. Within a short drive or a train ride there are many attractions including Bike Park Wales, Royal Mint experience, National Lido of Wales, Rhondda Heritage Park and you have several magnificent castles such as Caerphilly and Castell Coch.
Guide
DESCRIPTION
Each plot forms part of a larger open site at the junction of Fieldside and Lake Drove with an established residential area to both east and west of the site. It is believed there may be long term future development potential to the lot, however interested parties must rely on their own enquiries to Caerphilly County Borough Council, www.caerphilly.gov.uk in this regard.
Site Plot 28 A broadly rectangular parcel of land of approximately (STMS) 5,760 sq ft, 0.132 acres, 0.053 hectares.
TENURE Freehold 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 £3000 + VAT upon the exchange of contract.
51 £3,000PricePlot 28, Land off Channel Avenue, Trebanog, Porth, Mid Glamorgan, CF39 9EX
FREEHOLD PLOT OF LAND WITH DEVELOPMENT POTENTIAL APPROX. (STMS) 5,760sq.ft (0.132 acres)
londoncityauctions.com 0207 0789755 or 01636 558200
LOT 43
LOCATION
COUNCIL
EPC
Ground
Second
Applies
D - E
Eight self-contained flats arranged as 6 x one bed flats and x flats. Floor Two flats. Floor Floor flats. Floor Two flats.
Abergele is a market town and community, situated on the north coast of Wales between the holiday resorts of Colwyn Bay and Rhyl, in Conwy County Borough and in the historic county of Denbighshire. Its northern suburb of Pensarn lies on the Irish Sea coast. Abergele and Pensarn railway station serves both resorts. Abergele is often overlooked due to the popularity of towns in nearby Rhyl, Prestatyn, Colwyn Bay, Llandudno and Conwy.
2
First
studio
londoncityauctions.com 0207 0789755 or 01636 558200 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. 52 Guide £310,000Price37 South Parade, Pensarn, Abergele, Conwy, LL22 7RH FREEHOLD INVESTMENT CONSISTING OF 8 SELF-CONTAINED FLATSLOT 44 LOCATION
TENURE Freehold TENANCY Achieving £30,000 P.A. TAX BAND A RATING BUYER’S PREMIUM 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.
ACCOMODATION
londoncityauctions.com 0207 0789755 or 01636 558200
53 Guide £2,000PricePlot A328
GU23 6PG FREEHOLD
LOT 45
DESCRIPTION
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 side.
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. Long Reach, Ockham, Woking, Surrey, PLOT OF LAND WITH FUTURE DEVELOPMENT POTENTIAL APPROX. 212sqm (STMS)
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 £3000 + VAT upon exchange of contracts
What3words - myself.slurs.quest.
Amenity Land available on Long Reach. The beautiful outskirts of Ockham Village. Ideal Investment opportunity to purchase a plot of land measuring approximately 212 Sqm (STMS). This site offers secure access with hard standing road running all the way to the plot. This land is flat and clear of all trees. The plot would be suitable for a variety of uses including amenity animal 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 consent.
TENURE Freehold BUYER’S PREMIUM
buyer’s premium
londoncityauctions.com 0207 0789755 or 01636 558200 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. 54 Guide £180,000+Price28 Beryl House, Spinel Close, Plumstead, London, SE18 1LL LEASEHOLD TWO BEDROOM FLAT - VACANT POSSESSIONLOT 46
Seventh floor flat in a purpose built block. Vacant possession upon completion. Two bedrooms, reception/kitchen, bathroom with WC, balcony with views.
LOCATION
The property is situated on Spinel Close which is accessed from Rockmount Road via Grosmont Road. Public transport links included Plumstead and Abbey Wood Rail Stations together with a network of local bus services serving the surrounding vicinity. Road links are accessible with the A2 to the south and South Circular Road (A205) to the west. Shopping amenities can be found locally within a range of shops, bars and restaurants provided. Recreational pursuits include Winns Common and Shooters Hill Golf Course which can be found locally. What3words - launch.honey.since.
A EPC RATING C BUYER’S PREMIUM Applies under the fall of the hammer. The purchaser shall pay 10% deposit, plus,
contracts.
Plumstead is in the historic county of Kent and the detail of much of its early history can be found in Edward Hasted's extensive history of Kent. Greenwich is a town in southeast London, 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.
COUNCIL TAX BAND in addition a of price, minimum of £3000 + VAT upon exchange of
2% of the sale
ACCOMODATION
TENURE Leasehold – 106 Years Remaining Ground Rent: £10 P.A.
End of Sale
londoncityauctions.com 0207 0789755 or 01636 558200 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. 55
londoncityauctions.com 0207 0789755 or 01636 558200 56Memorandum of sale 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 TheEmailauctioneer 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. The Seller AddressName Postcode Telephone Number Email Seller’s Solicitor AddressName Postcode Telephone Number Email
Source of Savings Gifted Proceeds from Sale Business Funds
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).
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.
londoncityauctions.com 0207 0789755 or 01636 558200 57 Remote Bidding Form and Terms & Conditions The Property Address of the Lot Postcode Date of Auction 202 The Buyer The Bidder AddressName Postcode Telephone Number Email The Buyer AddressName Postcode Telephone Number Email Buyer’s Conveyancer AddressName Postcode Telephone Number Email Seller’s Solicitor AddressName Postcode Telephone Number Email Deposit Name of account holder Sort Code / / Account number IBiddingHERBYAUTHORISE LONDON CITY AUCTIONS TO BID ON MY BEHALF IN THE AUCTION IN RESPECT OF THE LOT MENTIONED ABOVE
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
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. Maximum Bid £
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.
funds:
Proxy
By completing this Registration form you warrant that there are adequate funds in the account to meet the full amount of the deposit.
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.
Signed
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.
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.
• 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.
4. Registration form
6. 1.DepositThedeposit 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:
• 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.
Payments Payment in respect
A VAT receipt will be provided upon payment.
• Any interruption or suspension of telephone or internet bidding services.
londoncityauctions.com 0207 0789755 or 01636 558200 58 Terms and Conditions
• The amount of your Maximum Bid Price for the Lot will not be disclosed by the Auctioneer to the Seller.
• 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.
3. Definitions used in these terms & conditions: Approved financial 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 Registrationapplicable. form means the registration form for remote bidding contained within London City Auctions Auction Catalogue or sent to you by Selleremail.means the person selling the lot. VAT means value added tax or any other tax of a similar nature.
• 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.
•of: Unclear instructions.
• 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.
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.
• 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.
7. Absentee/Proxy Bids
• Error, lack of clarity or confusion whether during the Auction or regarding the Registration form or the deposit.
• Any change in the date, time and/ or venue of the Auction.
PLEASE SIGN BELOW TO INDICATE YOUR ACCEPTANCE OF THESE TERMS AND CONDITIONS.
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.
1. 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.
by the buyer Print Name Date
8. Terms of Sale/Conduct of Auction
• You being unobtainable by telephone or disconnectedbecomingduringthe course of bidding by telephone or via the internet.
• 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.
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.
• 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 of the 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 0207 0789755 or 01636 558200 for the Client Account details.
• 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 you bid at the Auction by Absentee/proxy you should enter your Maximum Bid Price on the Registration form.
• The Maximum Bid Price must be an exact figure. Failure to clearly indicate your Maximum Bid Price will invalidate your bid.
9. Disclaimer London City 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
1d The Legal Pack
londoncityauctions.com 0207 0789755 or 01636 558200 59 Special Definitionsconditionsandinterpretation
Signed by the Authorised agent for the Seller Print Name Date
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.
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.
1f Unconditional sale
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.
Signed by the buyer Print Name
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.
The contract by which the seller agrees to sell and the buyer agrees to buy the lot.
1a Buyer’s premium
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.
1e The Sale Price
The Legal Pack shall refer to the documents supplied by the auctioneer which the auctioneer duly entitled Legal Pack.
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.
1c the deposit
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 revail in any event.
7. The buyer confirms that he had the opportunity to view the Legal Pack and to obtain legal advice in relation to the same.
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.
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.
1b the contract 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.
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.
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 non-performancetheof 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.
17. Immediately following the lot being knocked down to the purchaser
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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.
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.
25. f 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.
22. Were such party consist of two or more person’s be deemed to be joint and several liable.
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
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.
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
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.
General and special conditions of sale for London City Auctions property auctions
11. Prospective buyers are deemed to have relied upon their own knowledge or advice of their own professionals.
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
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.
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.
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
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.
60
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.
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.
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 them purchaser or the Grantor as defining the general conditions pursuant to the particulars of the conditions of sale
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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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.
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.
45. Each property shall from the date of contract be at the sole risk of the purchaser.
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.
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.
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. 61 required to be removed and such content shall not raise any issue.
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.
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.
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.
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
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.
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.
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.
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.
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
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.
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
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.
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