BIRMINGHAM AUCTION
Wednesday 18th October 2017 at 11.00am Holte Suite, Aston Villa FC, Birmingham, B6 6HE
0121 233 5046 www.sdlauctions.co.uk AUCTION VENUE
M6 Aston Villa FC A34 Holte Suite Birmingham M6 B6 6HE
A4040
M6 (Jct 6) Villa Park A38(M) Wednesday A34 M6 18th October 2017 Commencing A38(M) A34 11.00am
PROOF OF IDENTITY & ADDRESS
All bidders must provide two forms of identification, one photographic and one proof of address, in order to register and receive a bidding paddle. Original documents MUST be provided. Photocopies are NOT acceptable
PHOTOGRAPHIC IDENTIFICATION EVIDENCE OF ADDRESS • Current signed passport • Current full UK/EU Driving Licence* • Current full UK/EU Photo Card Driving Licence* (new or old style, provisional licence will not be (new or old style, provisional licence will not be accepted) accepted) • Utility bill issued within the last three months • Resident Permit issued by the Home Office to EU (not a mobile phone bill) Nationals • Local Authority tax bill (valid for the current year) • Inland Revenue Tax Notification • Bank, Building Society or Credit Union statement • State Pension, Benefit Book or notification letter* from a UK lender • State Pension, Benefit Book or notification letter*
*These documents may be used as proof of identification or evidence of address but NOT both.
If the successful bidder is buying on behalf of someone else then a letter of authority is required in addition to two forms of identification (one photo and one proof of address) for both the purchaser and the bidder. DEPOSITS Deposits will be payable immediately following the fall of the gavel. Payment is required by: • Bank/Building Society Draft • Debit Card • Credit Cards (3.5% surcharge applies)
2 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees Page 3.qxp_2017 28/09/2017 16:37 Page 1
MESSAGE FROM THE AUCTIONEER
• LOT 56: 4 Forest Road in Moseley – a vacant freehold double-fronted detached property which may be suitable for redevelopment (subject to obtaining the necessary planning consents). The guide price is £460,000+ (plus fees). • LOT 93: 281, 283, 285 & 285a Wolverhampton Road East in Wolverhampton – a freehold residential investment of four, two bedroomed flats two of which are subject to long leases and a current gross income of £10,970pa. The guide price is £150,000+ (plus fees). • LOT 103: 46 Newton Road in Great Barr – a vacant detached property standing on approx. a third of an acre which has potential for redevelopment (subject to obtaining the necessary consents). The guide price is £195,000+ (plus fees). If you’re interested in any of the lots in this catalogue please visit our website to download the legal packs and view Welcome to the catalogue for our Birmingham further property details. If you’re not able to make it to the October auction auction room on Wednesday 18th October then you can submit a Telephone, Proxy and Internet Bidding Form – For the fifth time this year we have another busy catalogue found on page 131 of this catalogue – or you can watch the filled with 130 residential and investment properties, auction live from our website. commercial properties, development sites, building plots and land from across the West Midlands and the rest of the UK. We’re already inviting entries to our final Birmingham auction of 2017 on Thursday 14th December. If you’d like to A particular highlight of this auction catalogue are five arrange a free no obligation appraisal see our team in the properties previously used as care facilities at 120 Lichfield auction room or call us on 0121 233 5046. Road in Four Oaks, Sutton Coldfield (lot 67 - *guide price: £410,000+ (plus fees), May Day House, 7 Lower Hillmorton Our full SDL Auctions 2017 calendar features more than Road in Rugby (lot 78 - guide price: £250,000+ (plus fees), 35 auctions across the country including those in 2a Earl Street in Rugby (lot 79 – guide price: £145,000+ Birmingham, Derby, Nottingham, Leicester, Cheshire and (plus fees), 123 Waterloo Road in Wolverhampton (lot 86 – our newest location - Manchester. All dates can be found on guide price: £115,000+ (plus fees) and New Pilgrims Cottage the back page of this catalogue or on our website – in Basford, Stoke on Trent (lot 89 – guide price: £178,000+ www.sdlauctions.co.uk. (plus fees). Amongst the other lots going under the hammer in the Wednesday 18th October auction are: • LOT 20: 54 Newland Grove in Dudley – a vacant semi- detached property standing back from the road behind Rory Daly and with a guide price of £75,000+ (plus fees). COMMERCIAL PROPERTY MESSAGE
We have several excellent commercial investment High Street (LOT 49) is a spacious and attractive four storey opportunities filling the pages of our October auction town centre head office building and operating as an estate catalogue, many of which with development potential. agency. The guide price is £450,000+ (plus fees). Following the successful sale of five former NatWest bank Also being offered under the hammer are two freehold town premises in our last auction, we’re delighted to be offering a centre retail investments at 62 George Street in Walsall further three in our October auction. (LOT 37) and 65 George Street in Walsall (LOT 38). Both The former NatWest Banks are located at 92 Queens Road lots have guide prices of £60,000-£65,000 (plus fees) and in Leicester (LOT 19) with a guide price of £205,000+ (plus comprise three storey buildings trading as a Slovakian Deli fees), 26 High Street in Warwick (LOT 54) with a guide and ladies clothing shop respectively. price of £250,000+ (plus fees) and 519 & 521 Foleshill Road Full details on all the commercial property lots in our in Coventry (LOT 64) with a guide price of £225,000+ (plus October auction can be found in fees). All three lots are situated in retail locations and each this catalogue, or you can call provide potential for alternative uses subject to obtaining the the office on 0121 233 5046. necessary planning consents. At 27, 33 & 35 Lordswood Road and 16 & 18 Lonsdale Road in Harborne (LOT 34) is a prominent corner block of mixed retail, office and residential uses with multiple occupiers and a guide price of £1.25m+ (plus fees). In Grantham, at 68-69 Ian Tudor
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 3 and auction fees MEET THE SDL AUCTIONS TEAM
The Auctioneers & Directors
Rory Daly Andrew Parker Gurpreet Bassi Ian Tudor Edward Feather Graham Penny Chief Executive Officer & Managing Director & Director & Head of Residential Director & Head of Director & Auctioneer Auctioneer Auctioneer Auctioneer Auctions Commercial Auctions [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]
The Valuers
Ron Darlington Howard Elliot-Jones Peter Eustance Carl Finch Senior Valuer Commercial Auction Surveyor Commercial Auction Surveyor Senior Valuer [email protected] [email protected] [email protected] [email protected]
Jonathan Hackett Vejay Pal Robert Stone Colin Totney Senior Valuer Senior Valuer Senior Valuer Senior Valuer [email protected] [email protected] [email protected] [email protected]
Andy Thompson Laura Wiles Joe Onions James Rossiter Senior Valuer Valuer Assistant Valuer Assistant Valuer [email protected] [email protected] [email protected] [email protected]
The Auctions Team
Abigail Selwood Perm Daley Aimee Rossiter Naomi Fearn Operations Manager Head of Auctions - Birmingham Assistant Manager - Birmingham Auction Negotiator [email protected] [email protected] [email protected] [email protected]
4 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees The Auctions Team
Jess Gaunt Emma Holness Sarah Miles Rachael Parker Administrator Derby Property Manager Nottingham & Leicester Property Manager Stoke Property Manager [email protected] [email protected] [email protected] [email protected]
Natalie Price Sam Rashid Damien Triplett Emily Waterland Auction Negotiator Auction Negotiator Auction Negotiator North West and Cheshire & North Wales [email protected] [email protected] [email protected] Property Manager [email protected]
Kylie Pearson Alison Jeffery Teresa Allen Ruth Allen Executive Assistant & Auction Negotiator Accounts Manager - Derby Accounts Manager - Birmingham Accounts Manager - Nottingham [email protected] [email protected] [email protected] [email protected] The Marketing Team
Chrissie Watterson Sue Randell Rachael Brazier Head of Marketing & Communications Head of B2B Marketing Marketing & Social Media Executive [email protected] [email protected] [email protected] SDL Auction Partners
Louise Jefferies Jazmin Stones Dean Slack Tom Rawlinson Rachel Clarkestone Director of Business Development Sales & Operations Manager Auction Expert Auction Expert Auction Expert [email protected] [email protected] [email protected] [email protected] [email protected]
Lennie Knight Bobby Chatha Fred Hopkins Steven Dunn Tina Waterfall Administrator Auction Growth Specialist Auction Growth Specialist Auction Growth Specialist Auction Growth Specialist [email protected] [email protected] [email protected] [email protected] [email protected]
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 5 and auction fees IMPORTANT NOTICES TO BE READ BY ALL BIDDERS
BUYING AT AUCTION 7. If a successful purchaser wishes to remain in the Reserved Licence No. LIG0183). 1. This catalogue contains details about properties sale room and bid for later lots before 19. If the purchaser wishes to complete earlier than being sold at auction. Those details are subject transferring to the contracts area, he/she shall be the proposed completion date (granted prior to change up to and including the day of the required to surrender to the Auctioneers clerk agreement with the Vendor), then we strongly auction. Please check our website regularly at: one form of identity and debit or credit card for recommend that the deposit is paid by cleared www.sdlauctions.co.uk and look out for any retention by the auctioneers until such time as funds e.g, Banker’s Draft, Building Society Draft additional materials available on the day of the the memorandum of sale is completed. or Debit Card. The purchaser must notify the auction, in order to stay fully informed with the 8. The Vendor has a right to sell before auction or Auctioneer as early as possible of their intention up to date information. withdraw the lot and neither the Auctioneer nor to complete early in order that arrangements 2. Prospective purchasers are advised that sales the Vendor is responsible for any abortive costs, can be made to transfer the deposit monies held. are subject to (a) the Common Auction loss or damages of a prospective purchaser. The Auctioneers also reserve the right to pass on Conditions of Sale printed in the catalogue; (b) Information as to pre-sale or withdrawal of a lot any charges levied from the bank to the Special Conditions of Sale which are available for can be obtained from enquiry of the Auctioneers purchaser for early transfer of monies. inspection at the office of the Vendors Solicitors, at any time prior to the auction but valid only up 20. Offers – We will not forward any offer to our the office of the Auctioneers, in the auction room to the time of enquiry. Vendors, unless the offer is above the guide and online from our website; (c) any addendums 9. Prospective purchasers are strongly advised to price and prospective purchasers have viewed or alterations made available for inspection; (d) check these particulars as to measurements, the property (where applicable) and have any late amendments distributed in the room or areas and all other matters to which the perused the legal pack. made by the auctioneers from the rostrum. properties are expressed to be subject or have 2A. Prospective purchasers should always check the the benefit of and in respect of any contents, PROPERTY INSURANCE addendum sheet on the day of the sale to see if fixtures and fittings expressed to be included in Once the hammer falls at a Property Auction the there are any alterations or amendments to the the sale by making an inspection of the property purchaser becomes liable for the insurance of the particulars or special conditions on the property and all the necessary enquiries with SDL property he has bought. that they are interested in bidding for. The Auctions, the Vendor, the Vendor’s professional DEFINITION OF GUIDE PRICES catalogue has been prepared on the basis of advisors and all other appropriate authorities. All The guide price is an indication of the seller’s reserve information provided. In some cases, for measurements and areas referred to in these price and is given to assist prospective purchasers. It whatever reason, verification has not been particulars are approximate only. is usual, but not always the case, that a provisional possible prior to printing. Consequently 10. The dimensions and/or areas shown in this reserve is agreed between the seller and the amendments may be made and the purchaser catalogue are intended to be accurate to within auctioneer at the start of marketing. The guide price deemed to have full knowledge of them. + 5% of the figure shown. If greater accuracy is can be adjusted by the seller at any time up to the 3. Prospective purchasers shall be deemed to have required we advise intending purchasers to carry day of the auction in light of the interest shown inspected the relevant property and made all out check measuring. during the marketing period. The guide price can be usual and necessary searches and enquiries with 11. All location plans published in the particulars of shown in the form of a minimum and maximum price all relevant authorities and other bodies. It is sale are copyright and are to enable prospective range within which an acceptable sale price (reserve) advisable to arrange for a survey of the property purchasers to locate the property only. The plans would fall, or as a single price figure within 10% of prior to the auction. are photographically reproduced and therefore which the minimum acceptable price (reserve) would not to scale and are not intended to depict the 4. As soon as the Auctioneer’s gavel falls on a bid, fall. Please note the reserve price will not exceed the interest to be sold but are for identification the successful bidder is under a binding contract top end of the guide price but the actual sale price purposes only. The boundary lines and numbers to purchase the relevant property. The purchaser can exceed the guide price. On occasions the sale is immediately at risk in relation to the property on the photographs are again only to enable price does exceed the guide price significantly. and should therefore have confirmed bank or prospective purchasers to locate the property building society finance arranged (if required) and are not intended to depict the interest to be AUCTION FEES and will also be deemed to have made prior sold. Purchasers are advised to view the special The purchase of any property may include associated arrangements for any insurance cover that is conditions in respect of the precise interest to be fees not listed in this catalogue. Any additional fees required. (See footnote). conveyed. will be confirmed in the legal pack which can be 4A. Each bidder will be deemed to be personally 12. Any guide prices issued or any estimates or downloaded from our website, liable on making an accepted bid even though values mentioned in negotiations or discussion www.sdlauctions.co.uk or to find out more about any he/she purports to act as an agent for the with the Auctioneers or any of their additional fees associated with any property please principal purchaser or purports to sign the representatives cannot be relied upon by a call SDL Auctions Bigwood on 0121 233 5046. Stamp Memorandum of Sale in a respective capacity. prospective purchaser as representing Duty, Land Tax or Land and Buildings Transaction 5. On the fall of the gavel, the successful bidder professional valuations for any purpose in Tax may also apply in some circumstances. These must immediately present to the Auctioneers accordance with the requirements or guidance costs will not be confirmed in the legal pack, it is up Clerk his name and address and if appropriate, notes of relevant professional bodies or other to the bidder to make their own enquiries via the name and address of the person or company authorities. In all respects prospective purchasers www.gov.uk/stamp-duty-land-tax or on whose behalf he has been bidding. are deemed to have relied upon their own www.revenue.scot/land-buildings-transaction-tax. knowledge or the advice of their own All successful bidders are required to sign and DEFINITION OF RESERVE PRICE exchange unconditional contracts with the professional or other advisors. The reserve price is the seller’s minimum acceptable Auctioneers prior to leaving the room and pay to 13. Inspection of investment properties is by price at auction and the figure below which the the Auctioneers a deposit of 10% of the purchase courtesy of the tenant. Inspection of properties auctioneer cannot sell. The reserve price is not price (subject to a minimum of £5,000) with with vacant possession only by arrangement disclosed and remains confidential between the seller completion on or before 20 business days unless with the Auctioneers. Interested parties should an alternative date has been specified for a given refer to the viewing schedule in the front of the and the auctioneer. property within the Contract and/or within our catalogue or alternatively contact the CONDITION OF SALE Vendor’s Special Conditions of Sale. All Auctioneers. The Lots will, unless previously withdrawn, be sold Birmingham City Council properties must have 14. Purchasers should be aware that they will not be subject to the Special and General Conditions of Sale deposits paid by Banker’s Draft made payable to entitled to the keys or access to the property which have been settled by the Vendors’ Solicitors. SDL Bigwood, all other Lots (unless specified in (except by special arrangement) until These Conditions can usually be inspected during the the Contract/Special Conditions) can be paid by completion date of the sale. usual office hours at the offices of the Vendor’s Bank/Building Society draft, Visa debit card or 15. The Auctioneers announcements at the Solicitors mentioned in these particulars during the credit card (3.5% charge). Bank/Building Society commencement of the sale are an important five days (exclusive of Saturday and Sunday), drafts made payable to SDL Bigwood. Please part of the proceedings. Thereafter the Auction immediately before and exclusive of the day of the contact the relevant auction office for advice will proceed without delay and the Auctioneer Sale. Most auction packs may be viewed online, visit about acceptable payments. In default of any of will not describe the properties in detail nor read www.sdlauctions.co.uk The Conditions may also be the the above, the Auctioneer shall be entitled as out the special conditions or amendments. inspected in the Sale Room at the time of the Sale, Agent for the Vendor, to treat the failure or 16. The services, kitchen and sanitary ware, electrical but they will NOT then be read. The Purchaser shall default as a repudiation and rescind the appliances and fittings, plumbing and heating be deemed to bid on those terms, whether he shall Contract. installations (if any) have NOT been tested by have inspected the Conditions or not. Thereafter the Auctioneer shall be entitled to re- the Selling Agents. Prospective purchasers submit the property for sale and if a successful should therefore undertake their own PROPERTY MISREPRESENTATION bidder does not pay a deposit and/or complete investigations/survey to clarify the suitability of The Agents for themselves and for the Vendors of the memorandum, the Vendor reserves the right such services to meet their particular these Lots, whose Agents they are, give notice that: to claim any loss he suffers as a result. requirements. These Particulars do not constitute any part of an 6. All purchasers whether buying prior, during or 17. We are advised by the Vendor, where offer, or a contract. All the statements contained in post Auction are required to pay a buyers appropriate, that an EPC (Energy Performance these particulars as to the Lots are made without administration fee of £954 inc VAT except lots Certificate) has been commissioned and will be responsibility and are not to be relied on as 1 to 6, whereby the administration fee is £1194 inc available within the legal pack. statements or representations of fact and they do VAT, this fee is to be added to the deposit, 18. The plans provided in this catalogue are for not make or give any representations or warranty irrespective what costs may be included within identification purposes only and their accuracy is whatsoever in relation to these Lots. the Contract or Special Conditions. An not guaranteed. All Ordnance Survey maps are Any intending Purchaser must satisfy himself by administration fee does not apply where a reproduced with the sanction of the Controller of inspection or otherwise as to the correctness of each reservation fee is payable. HM Stationery Office (Crown Copyright of the statements contained in these Particulars.
6 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees FREQUENTLY ASKED QUESTIONS
Q. What order will the lots be offered in? completed and returned to the Auctioneers along with a bank A. The Lots are offered as listed in the catalogue draft or building society draft for the deposit and (Yes we are asked this question frequently!) administration fee at least 48 hours prior to the Auction Sale for telephone and internet bids and 24 hours for proxy bids. Q. Can I view the properties before the Auction? A. Yes, please see the viewing schedule at the front of the Q. If I am unable to attend the Auction, can someone bid on catalogue or if the lot states viewings by arrangement, then my behalf? please contact the office. A. Yes, however they must bring with them 2 forms of original identification for you and for themselves, along with Q. What is a reserve price? an authorisation letter from yourself. It must be noted that A. A reserve price is the price stipulated as the lowest should you default, the bidder will be liable. acceptable by the vendor. This figure is confidential between the vendor and auctioneer. Q. Can I make an offer prior to the Auction? A. Yes, some vendors will consider selling prior to the auction Q. Is the guide price the same as the reserve price? but only on the condition that an unconditional contract is A. No, not always. The guide is an indication given by the exchanged before the auction with a cleared funds deposit. Auctioneer. Where the guide price is a bracket figure, the Q. How can I make this offer? reserve cannot exceed the top end of the bracket price. If the A. Offers must be made in writing or by email to guide price is a single figure, then the reserve can be up to [email protected]. Verbal offers will not be 10% in excess of this. accepted. Offers may not be acknowledged, but you will be Q. How do I register to bid at the auction? contacted within 7 days if your offer is accepted. A. You must register on the day of the Auction at the auction Q. Can I have the property surveyed before the auction? venue, you will need 2 forms of original or certified A. Yes, your surveyor must contact us for access. identification (one photo and one proof of address) to register. To save you time on auction day, you can fill in the Q. Do some lots not sell? registration form within this catalogue and bring it with you on A. Yes, if a reserve price is not reached the lot will not sell. We the day. continue to market most unsold properties after the auction so you may still purchase these lots, however all post-auction Q. How long does it take to offer each lot? sales are under auction terms. A. Each lot varies; there is no set amount of time per lot although it is generally approximately 2-3 minutes per lot. Q. Are there any further costs to pay in addition to the sale price? Q. If I am a successful bidder how much deposit do I have to A. An administration fee of £954 inc VAT or £1194 inc VAT pay? (See Important Notices in this catalogue) is payable on A. Normally 10% of the purchase price, however we do exchange to SDL Bigwood. Any further additional costs, which recommend checking the legal pack to confirm this as are payable in addition to the purchase price will be included some lots may vary. This is subject to a minimum deposit fee within the Special Conditions that are attached to the of £5,000. Contract. Therefore all prospective purchasers must inspect Q. How is the deposit payable? the legal packs and we strongly advise that all prospective A. Any lots being offered on behalf of the Birmingham City purchasers request a legal representative to go through the Council must have deposits paid by a bank/building society pack for every lot that you may wish to bid on, in order to be draft (despite this being the case for many years, many made fully aware of any additional costs, if applicable. bidders still ask this question!). Q. Why is a reservation fee payable on some lots? Bank Drafts should be made payable to “SDL Bigwood”. A. A reservation fee is payable by the buyer where a seller has With any other lots the deposits can be paid by Bank/Building opted to sell with no fees. However, as a result, a lower Society Draft, debit card or credit card (3.5% charge). reserve price is usually agreed. The reservation fee does not Q. How much should I make my bank draft for? contribute toward the purchase price. An administration fee is A. 10% of your maximum offer, if you purchase the property not payable on these lots. for less than your maximum offer, the full amount of monies Q. If I do not complete the sale are there any penalties? will be used as your deposit i.e. more than 10% deposit paid A. Yes, firstly you will lose your deposit and admin fee, and you will pay less on completion. If you purchase the furthermore the Vendor may sue you for the balance owed property for slightly more than your intended maximum offer and any further losses caused. you can top your deposit up with a debit or credit card. Q. Will I be able to get a mortgage on the property? Q. If I am a successful purchaser when do I have to complete A. Not all properties are suitable for mortgage security and we the purchase and pay the balance monies? strongly recommend that you arrange for an independent A. The normal completion period is 20 days after the sale, survey to be carried out if you require mortgage finance. although you should inspect the legal pack to confirm this as some lots vary. Q. How do I know whether the details given in the catalogue change or a property is withdrawn or sold prior? Q. How can I view the legal pack and contract before the A. An addendum is available on our website auction? (www.sdlauctions.co.uk) at all times and is updated regularly A. These are available to view on our website and are and is also available at the auction. uploaded as and when we receive them from the appointed Alternatively, you can register for our email alert service by solicitor. They can also be inspected on the day of the auction emailing us on [email protected]. It is essential that in the auction room. you see the addendum prior to bidding. Q. If I am unable to attend the auction can I bid by proxy, Q. Can I go on the permanent mailing list to receive future telephone or internet? auction catalogues? A. Yes, a proxy, telephone or internet bidding form is available A. Yes, contact us by telephone (0121 233 5046) or by email within the catalogue or on our website. This form must be ([email protected]).
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 7 and auction fees REGISTRATION OF BIDDERS BIDDERS NO: You will be required to register before you can take part in the auction. If you would like to be prepared you can fill in our Auction Registration Form below ready to bring with you on the day.
BIDDER DETAILS
First Name:
Surname:
Company:
Address:
Postcode:
Telephone:
Email:
BUYERS DETAILS * ONLY APPLICABLE IF BIDDING ON SOMEONE ELSES BEHALF
First Name:
Surname:
Company:
Address:
Postcode:
Telephone:
Email:
MEANS OF IDENTIFICATION NB: TWO FORMS OF ORIGINAL I.D. MUST BE BROUGHT TO THE AUCTION IN ORDER TO BID
Passport: Driving Licence: Bank Statement: Utility Bill:
Other:
MEANS OF DEPOSIT PAYMENT
Credit Card: Bank/Building Society Draft: Debit Card: (+3.5%)
I confirm I will pay the required deposit and the Auctioneer’s administration fee once the hammer has fallen. I confirm that I will purchase Lots with full knowledge and acceptance of the Important Notices, Common Auction Conditions, Legal Pack and Addendum. I hereby acknowledge that I take full responsibility of all bids undertaken with the above bidders number.
SIGNATURE: DATE:
SDL Auctions may send you details of future auctions. Please tick here if you do not wish to receive further communication from us. (Please note, your details will not be shared with any third party, but may be shared within the SDL Group).
8 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees A COFFEE WITH...
Perm Daley Head of Birmingham auctions at SDL Auctions Bigwood
I’ve worked in the SDL Auctions Bigwood team in Birmingham for What is your approach to work / life balance? over 21 years. I am responsible for managing the administration for the When I am at work I put 100% into my role and I try to switch off at auction department including liaising with clients, solicitors and home, although I do find myself checking my emails during the purchasers, organising the venue and preparing the catalogue etc. evenings and weekends. Who has inspired you most in your business life, and why? Arnold Shepherd, a very knowledgeable, intelligent and experienced man in property, has taught me all aspects of the property world and has given me guidance throughout my career. He has been my mentor. What is your proudest achievement in business? I can’t put my finger on a single defining moment as there have been several throughout my career. However my career progression throughout my time at Bigwood is definitely something I’m proud of. What drives and motivates you? Seeing our team succeed is what drives me at work. I love seeing our team happy after we’ve launched a great auction catalogue and having extremely successful auctions. What is your business motto? If you hadn’t been Head of Auctions, what would you do instead? To be the best auctioneer that sellers want to sell with and buyers I don’t really want to do anything else. If I had to then it would want to buy from. probably be a similar role in a property business.
What is the best quality of SDL Auctions, and how is it different to What time of day are you at your best, and why? other auction businesses? I would say midday, when I am in full flow and the adrenaline is I believe we stand out from our competition thanks to our well-trained pumping. and knowledgeable team who are highly experienced in property Do you use Facebook, Twitter or other social media? auctions. Yes, I frequently use Facebook and LinkedIn. What is office life like for you and your team? If you could have a coffee with anyone, who would it be, and what Work life is very busy when we’re in the run up to deadlines day and would be your choice? when we’re sending our auction catalogues to print. Auction week is That’s an easy question to answer - Richard Gere. And can my latte be also really busy. All the team are aware of their individual roles so served by George Clooney please! everything tends to run quite smoothly, if a little fraught at times. We always try to make work a happy environment because when How do you relax outside of work? everyone works well together it allows for teamwork to evolve. I love cooking and enjoying a glass of merlot.
Save time at the registration desk by becoming a membership card holder. Speak to someone on the registration desk in the auction room for details.
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 9 and auction fees ORDER OF SALE
Land at the rear of 45 Turfpits Lane, Development/ Residential LOT 1. Redevelopment LOT 31. 30 Clandon Close, Kings Norton, Birmingham Vacant Erdington, Birmingham & Land Land and Buildings Yardley Cemetery, 30 Marjoram Close, Kings Norton, Residential LOT 2. Commercial LOT 32. Yardley Road, Yardley Vacant Birmingham Vacant Development/ Residential LOT 33. 22A Mount Pleasant, Redditch LOT 3. Land Fronting Stratford Road, Sparkbrook Redevelopment Vacant & Land Land Between 36 & 46 Malvern Hill Road, Development/ 27, 33 & 35 Lordswood Road, together with, 2, LOT 4. Redevelopment Commercial Nechells, Birmingham LOT 34. 4, 6, 8, 8a, 10, 12, 14, 16 & 18 Lonsdale Road, & Land Harborne, Birmingham Investment Commercial LOT 5. 'The Laurels' 65 Frederick Road, Stechford Land Adjacent to 10 First Avenue, Brownhills, Development/ Vacant LOT 35. Redevelopment Walsall & Land Commercial LOT 6. 581 Tyburn Road, Erdington, Birmingham Residential Vacant LOT 36. 10 First Avenue, Brownhills, Walsall Vacant Development/ LOT 7. Former Car Park Frederick Street, Walsall Redevelopment Commercial LOT 37. 62 George Street, Walsall & Land Investment LOT 8. 198 Longmore Road, Shirley, Solihull Residential Commercial Vacant LOT 38. 65 George Street, Walsall Investment Residential 47 Pendeford Mill Lane, Codsall, Residential LOT 9. 79 Longdon Road, Knowle, Solihull Vacant LOT 39. Wolverhampton Vacant Land at 9-17 Ruiton Street, Lower Gornal, Development/ LOT 10. 44-58 Featherstone Crescent, Shirley, Solihull Ground Rent LOT 40. Redevelopment Dudley & Land Residential LOT 11. 60-74 Featherstone Crescent, Shirley, Solihull Ground Rent LOT 41. 20 Priestland Terrace, Telford Vacant 73, 75, 81 & 83 Featherstone Crescent, LOT 12. Ground Rent Shirley, Solihull LOT 42. 1, 3, 5 & 7 Dingle Road, Brownhills, Walsall Ground Rent 76, 78 & 80 Featherstone Crescent, Shirley, LOT 13. Ground Rent Solihull LOT 43. 9, 11, 13 & 15 Dingle Road, Brownhills, Walsall Ground Rent Residential LOT 14. 22 Marston Grove, Great Barr, Birmingham Vacant LOT 44. 30-32a Rose Drive, Brownhills, Walsall Ground Rent Residential LOT 15. 39 Rudge Avenue, Wolverhampton Vacant LOT 45. 34-36a Rose Drive, Brownhills, Walsall Ground Rent
Residential Residential LOT 16. 66 Milton Street, Brierley Hill LOT 46. 44 Park Road, Netherton, Dudley Vacant Vacant Residential LOT 17. 29 Chester Place, Walsall Vacant LOT 47. 23 The Dowries, Rubery, Birmingham Ground Rent Residential Residential LOT 18. 27 Dale Street, Rugby LOT 48. 60 Cartbridge Walk, Walsall Vacant Investment Commercial LOT 18A. 148 Abbey Road, Whitley, Coventry Residential LOT 49. 68-69 High Street, Grantham Vacant Investment Former NatWest Bank, 92 Queens Road, The Former Bridge Trading Centre, High Development/ LOT 19. Commercial LOT 50. Redevelopment Leicester Vacant Street, Wordsley, Stourbridge & Land Residential LOT 20. 54 Newland Grove, Dudley Residential LOT 51. 51 Kings Road, Kings Heath, Birmingham Vacant Vacant Residential Residential LOT 52. 6 Cygnet Road, West Browich LOT 21. 196 Bransford Road, St Johns, Worcester Vacant Vacant Residential Residential LOT 53. 1 West Road, Halesowen LOT 22. 1 Sandy Lane, Wolverhampton Vacant Vacant Garages 1-4 & 6-8 Rear of 146-152a Church Former NatWest Bank, 26 High Street, Commercial LOT 22A. Garages LOT 54. Road, Sheldon, Birmingham Warwick Vacant Residential LOT 23. 46 High Street, Bromsgrove Commercial LOT 55. 27 Merridale Gardens, Wolverhampton Investment Vacant Residential Residential LOT 56. 4 Forest Road, Moseley, Birmingham LOT 24. 43 Herons Way, Selly Oak, Birmingham Vacant Vacant Residential Residential LOT 57. 10 Wood Road, Tettenhall, Wolverhampton LOT 25. 8 The Croft, Dudley Vacant Vacant Land R/O 165-179 Baldwins Lane, Hall Green, Development/ LOT 58. Redevelopment LOT 26. 194 High Street, Pensnett, Brierley Hill Residential Vacant Birmingham & Land Residential 165-171 Kingsbury Road &, 14 & 16 The Briars, LOT 26A. 196 High Street, Pensnett, Brierley Hill Vacant LOT 59. Streetly Road (B23 5JW), Erdington, Ground Rent Birmingham LOT 27. 146-152a Church Road, Sheldon, Birmingham Ground Rent 58-64 & 90-96 Townley Gardens, Birchfield, LOT 60. Ground Rent Birmingham Garages 1-8, Adjacent Yew Tree House, Bills LOT 28. Garages Lane, Shirley, Solihull LOT 61. 1-11 MacMillan Close, Tividale Ground Rent 250-256 The Whitehouse, 1-6 The Woodlands & LOT 29. 1-6 Yew Tree House, Bills Lane, Shirley, Solihull Ground Rent LOT 62. 45-51 Temple Way, Oldbury Ground Rent Commercial LOT 30. 117 Station Road, Cradley Heath Vacant/ LOT 63. 53-59 Temple Way, Oldbury Ground Rent Development
10 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees ORDER OF SALE
Former NatWest Bank, 519 & 521 Foleshill Commercial Land Adjacent 128 Aston Church Road, Development/ LOT 64. LOT 96. Redevelopment Road, Coventry Vacant Nechells, Birmingham & Land Development/ 1 Heath Barns, Old Stafford Road, Slade Residential LOT 65. Land off Wolseley Bank, Wolverhampton Redevelopment LOT 97. & Land Heath, Wolverhampton Vacant 26 Bromford Close, 152 Church Lane, Residential Commercial LOT 66. LOT 98. 50 Cemetery Road, Willenhall Handsworth, Birmingham Vacant Vacant 120 Lichfield Road, Four Oaks, Sutton Residential Residential LOT 67. LOT 99. 8 Edge Street, Stoke on Trent Coldfield Vacant Vacant Residential Residential LOT 68. 15 Deakin Road, Erdington, Birmingham LOT 100. 15 Hallam Street, West Bromwich Vacant Investment Commercial Residential LOT 69. 48-48a Belvoir Road, Coalville, Leicestershire LOT 101. 122 Rosefield Road, Smethwick Vacant Investment Residential Residential LOT 70. 21 Overton Grove, Acocks Green, Birmingham LOT 102. 28 Sladefield Road, Ward End, Birmingham Vacant Vacant Mixed Residential LOT 71. 182 Slade Road, Erdington, Birmingham Commercial/ LOT 103. 46 Newton Road, Great Barr, Birmingham Residential Vacant La Favorita Restaurant, 72 Alfred Street, Commercial Residential LOT 72. LOT 104. 3 Pickwick Grove, Moseley, Birmingham Sparkhill, Birmingham Vacant Vacant Residential 38-40 High Street, West Cornforth, Ferryhill, Residential LOT 73. 40 Ashmore Lake Road, Willenhall LOT 105. Vacant County Durham Investment India Gates Restaurant, 6-8 Mount Pleasant, Commercial Residential LOT 74. LOT 106. 17 St. Marks Road, Smethwick Bilston Vacant Vacant Residential Residential LOT 75. 120 King William Terrace, Stoke on Trent LOT 107. Flat 1, 44 College Avenue, Mutley, Plymouth Investment Investment Commercial 78 St Annes Road/99 A, B & C High Street, Residential LOT 76. 39-40 Union Street, Wednesbury LOT 108. Vacant Cradley Heath Investment Land Adjacent 130 Icknield Port Road, Development/ Residential LOT 77. Redevelopment LOT 109. Santa Cruz, Church Road, Donnington Wood Edgbaston, Birmingham & Land Vacant May Day House, 7 Lower Hillmorton Road, Residential Residential LOT 78. LOT 110. 30 Fellows Street, Wolverhampton Rugby Vacant Investment Residential Residential LOT 79. 2a Earl Street, Rugby LOT 111. 18 Civic Close, Birmingham Vacant Vacant Residential Commercial LOT 80. 86 Sandford Road, Moseley, Birmingham LOT 112. 49 High Street, Bilston Vacant Vacant Commercial Residential LOT 81. 29 Freeth Street, Ladywood, Birmingham LOT 113. 27 Freasley Road, Shard End, Birmingham Vacant Vacant Commercial 22 Poole House Road, Great Barr, Residential LOT 82. 51 Great Bridge, Tipton LOT 114. Investment Birmingham Vacant Residential Residential LOT 83. 11 Vicarage Road, Hockley, Birmingham LOT 115. 10 Ash Drive, West Bromwich Vacant Vacant Commercial Residential LOT 84. The Norton Bar & Grill, Station Road, Coleshill LOT 116. 51 Leamore Lane, Walsall Vacant Vacant Residential Residential LOT 85. 46 Forest Road, Oldbury LOT 117. 9 Dimmocks Avenue, Bilston Vacant Investment Residential Residential LOT 86. 123 Waterloo Road, Wolverhampton LOT 118. 1/1, 1 Wallace Street, Port Glasgow Vacant Vacant Grove Farm, The Annex & The Hayloft, Residential Residential LOT 87. LOT 119. G/1, 13 Robert Street, Port Glasgow Bennetts Road North, Corley, Warwickshire Vacant Vacant Residential Residential LOT 88. 32 Mere Road, Erdington, Birmingham LOT 120. 1/1, 1 Maxwell Street, Port Glasgow Vacant Vacant New Pilgrims Cottage, Tavistock Place, Residential Residential LOT 89. LOT 121. 2/1, 1 Maxwell Street, Port Glasgow Basford, Stoke on Trent Vacant Vacant 37 West Park Avenue, Northfield, Residential Residential LOT 90. LOT 122. 3/1, 1 Maxwell Street, Port Glasgow Birmingham Vacant Vacant Land at R/O 42 Commonside, Pensnett, Development/ Residential LOT 91. Redevelopment LOT 123. 3/2, 1 Maxwell Street, Port Glasgow Dudley & Land Vacant Commercial Residential LOT 92. Victoria Road, Blackheath, Halesowen LOT 124. 77 Fifth Street, Horden, Co. Durham Vacant Vacant 281, 283, 285 & 285a Wolverhampton Road Residential 93 West Chilton Terrace, Chilton, Ferryhill, Residential LOT 93. LOT 125. East, Wolverhampton Investment Co. Durham Vacant Residential LOT 94. 150 Marsh Lane, West Bromwich LOT 126. 2351 Coventry Road, Sheldon, Birmingham SOLD PRIOR Investment Commercial 146 Comberford Road, Tamworth, West LOT 95. 29 Bridge Street, Walsall LOT 127. SOLD PRIOR Vacant Midlands
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 11 and auction fees VIEWING SCHEDULE
MON TUES WED THURS FRI SAT MON TUES WED THURS FRI SAT MON TUES LOT PROPERTY 02/10 03/10 04/10 05/10 06/10 07/10 09/10 10/10 11/10 12/10 13/10 14/10 16/10 17/10
18A 148 Abbey Road, Whitley, Coventry 12.30 12.30 12.30 12.30 12.30
115 10 Ash Drive, West Bromwich 12.30 12.45 12.30 12.45 12.30
73 40 Ashmore Lake Road, Willenhall 13.30 11.45 13.30 11.45 13.30
Grove Farm The Annex & The Hay Loft, Bennetts 87 Road, Coventry 13.30 11.15 13.30 11.15 13.30
21 196 Bransford Road, St Johns, Worcester 10.00 10.00 10.00 10.00 10.00
26 Bromford Close, 152 Church Lane, 66 Handsworth 10.45 14.15 10.45 14.15 10.45
17 29 Chester Place, Walsall 11.30 13.30 11.30 11.30 12.45 13.30
Santa Cruz, Church Road, Donnington Wood, 109 Telford 10.30 13.45 10.30 13.45 10.30
111 18 Civic Close, Birmingham 15.15 10.00 13.15 10.00 15.15
31 30 Clandon Close, Kings Norton, Birmingham 15.00 11.00 15.00
52 6 Cygnet Road, West Bromwich 13.00 12.00 13.00 13.00 14.15 12.00
18 27 Dale Street, Rugby 10.30 14.45 10.30 14.45 10.30
68 15 Deakin Road, Erdington, Birmingham 13.15 12.45 13.15 12.45 13.15
79 2A Earl Street, Rugby 11.00 14.15 11.00 14.15 11.00
99 8 Edge Street, Stoke on Trent 13.00 11.15 13.00 11.15 13.00
35 10 First Avenue, Brownhills, Walsall 14.30 10.45 14.30 10.45 14.30
Former Natwest Bank, 519 - 521 Foleshill Road, 64 Coventry 12.30 12.30 12.30 12.30 12.30
56 4 Forest Road, Moseley 13.15 12.45 13.15 12.45 13.15
113 27 Freasley Road, Shard End, Birmingham 15.15 10.45 15.15 10.45 15.15
5 The Laurels, 65 Frederick Street, Stechford 12.00 12.00 12.00 12.00 12.00
24 43 Herons Way, Selly Oak 15.00 10.00 15.00 15.00 15.15 10.00
Former Natwest Bank, 26 - 28 High Street, 54 Warwick 14.30 14.30 14.30 14.30 14.30 Former Bridge Trading Centre, High Street, 50 Wordsley, Stourbridge 15.30 11.30 11.30
112 49 High Street, Bilston 13.45 10.00 13.45 10.00 13.45
51 51 Kings Road, Kings Heath 14.15 11.45 14.15 11.45 14.15
116 51 Leamore Lane, Walsall 15.15 10.00 15.15 10.00 15.15
67 120 Lichfield Road, Four Oaks, Sutton Coldfield 14.00 12.00 14.00 12.00 14.00
9 79 Longdon Road, Knowle, Solihull 10.00 16.00 10.00 16.00 10.00
8 198 Longmore Road, Shirley, Solihull 10.45 15.15 10.45 15.15 10.45
May Day House, 7 Lower Hillmorton Road, 78 Rugby 11.30 13.30 11.30 13.30 11.30
32 30 Marjoram Close, Kings Norton 14.15 10.45 14.15 14.15 16.00 10.45
14 22 Marston Grove, Great Barr, Birmingham 12.15 12.45 12.15 12.15 13.30 12.45
88 32 Mere Road, Erdington, Birmingham 12.30 13.30 12.30 13.30 12.30
55 27 Merridale Gardens, Wolverhampton 11.30 12.15 11.30 12.15 11.30
16 66 Milton Street, Brierley Hill 11.30 13.45 11.30 13.45 11.30
33 22A Mount Pleasant, Redditch 16.00 10.00 10.00 16.00 10.00 12.00 16.00
20 54 Newland Grove, Dudley 14.30 10.45 14.30 10.45
103 46 Newton Road, Great Barr 10.15 15.45 10.15 15.45 10.15
70 21 Overton Grove, Acocks Green 11.30 14.30 11.30 14.30 11.30
12 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees VIEWING SCHEDULE
MON TUES WED THURS FRI SAT MON TUES WED THURS FRI SAT MON TUES LOT PROPERTY 02/10 03/10 04/10 05/10 06/10 07/10 09/10 10/10 11/10 12/10 13/10 14/10 16/10 17/10
46 44 Park Road, Netherton, Dudley 10.00 15.15 10.00 15.15 10.00
39 47 Pendeford Mill Lane, Codsall, Wolverhampton 10.45 14.15 10.45 10.45 10.15 14.15
104 3 Pickwick Grove, Moseley, Birmingham 12.15 13.45 12.15 13.45 12.15
114 22 Poole House Road, Great Barr, Birmingham 11.00 15.00 11.00 15.00 11.00
41 20 Priestland Terrace, Telford 11.15 13.00 11.15 13.00 11.15
Former Natwest Bank, 92 Queens Road, 19 Leicester 10.30 10.30 10.30 10.30 10.30
15 39 Rudge Avenue, Wolverhampton 10.00 13.45 10.00 13.45 10.00
80 86 Sandford Road, Moseley 12.45 13.15 12.45 13.15 12.45
22 1 Sandy Lane, Wolverhampton 10.00 15.00 10.00 10.00 11.00 15.00
71 182 Slade Road, Erdington, Birmingham 12.00 14.00 12.00 14.00 12.00
102 28 Sladefield Road, Ward End 16.00 10.00 16.00 10.00 16.00
106 17 St Marks Road, Smethwick 11.30 13.30 11.30 13.30 11.30
New Pilgrims Cottage, Tavistock Place, Basford, 89 Stoke on Trent 13.45 10.30 13.45 10.30 13.45
25 8 The Croft, Dudley 13.00 10.45 13.00 10.45 13.00
47 23 The Dowries, Rubery 14.15 10.45 14.15 10.45 14.15
6 581 Tyburn Road, Erdington, Birmingham 14.30 14.30 14.30 14.30 14.30
83 11 Vicarage Road, Hockley, Birmingham 10.00 15.00 10.00 15.00 10.00
86 123 Waterloo Road, Wolverhampton 10.45 13.00 10.45 13.00 10.45
53 1 West Road, Halesowen 13.15 11.45 13.15 11.45 13.15
90 37 West Park Avenue, Northfield, Birmingham 15.00 10.00 15.00 10.00 15.00
57 10 Wood Road, Tettenhall, Wolverhampton 12.15 11.30 12.15 11.30 12.15
Please arrive promptly for viewings, as the allotted times are usually limited to 20 minutes only. The viewing schedule is correct at the time of going to press. We cannot accept any responsibility for any changes which occur due to a property being withdrawn/sold prior or cancelled for any reason. It is recommended that anyone attending viewings should bring with them a torch, as not all properties have electricity. It is further recommended that appropriate clothing is worn. For viewings on any other properties contact the Auction Department on 0121 233 5046
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 13 and auction fees A GUIDE TO ADDITIONAL FEES Important notice relating to fees, costs and charges payable by the buyer in addition to the purchase price
BUYERS ADMINISTRATION FEE All buyers will be required to pay a Buyers Administration Fee of £954 inc VAT (unless otherwise stated in the important notices or where a reservation fee is applicable) payable on each lot purchased whether purchasing prior, during or after the auction.
ADDITIONAL FEES, COSTS AND CHARGES In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs or reservation fees. All prospective buyers are advised to inspect the legal documents including the contract and special conditions and seek their own independent legal advice as to the full cost of purchasing a specific property.
All bidders are assumed to have inspected the legal packs available on our website – www.sdlauctions.co.uk – and in the auction room prior to bidding and are fully aware of all terms and conditions including any fees, costs, charges, completion dates and other relevant matters which may be applicable, once they have successfully purchased the property.
FOR FURTHER INFORMATION If you have any questions about a lot you would like to bid on, please contact the team on 0121 233 5046 or email at [email protected]
14 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees UNCONDITIONAL & CONDITIONAL AUCTIONS EXPLAINED
U Unconditional Upon the fall of the hammer the buyer shall... • Be legally bound to buy the property • Pay a 10% deposit, subject to a minimum of £5,000 (this will contribute towards the purchase price) • Pay a buyers administration fee of £954.00 inc. VAT (unless an alternative administration fee has been quoted in the Important Notices to Bidders at the front of the catalogue) • Please note additional charges may apply and these will be included in the Special Conditions of sale, which are available in the legal pack • Exchange contracts on the fall of the hammer and sign the Special Conditions of sale held with the Auctioneer or Solicitor • Complete the purchase within 28 days (unless an alternative date has been specified in the Special Conditions of Sale) Please note all lots in this catalogue are being sold subject to unconditional terms unless otherwise stated (and showing the UR or CR icon).
U R Unconditional Reservation Fee Upon the fall of the hammer the buyer shall... • Be legally bound to buy the property • Pay a 5% deposit, subject to a minimum of £5,000 (this will contribute towards the purchase price) • Pay a reservation fee* of 4% plus VAT, subject to a minimum of £5,000 plus VAT (this does not contribute towards the purchase price) • Exchange contracts on the fall of the hammer and sign the Special Conditions of sale held with the Auctioneer or Solicitor • Complete the purchase within 28 days (unless an alternative date has been specified in the Special Conditions of Sale)
CR Conditional Reservation Fee Upon the fall of the hammer the buyer shall... • Pay a reservation fee* of 4% plus VAT, subject to a minimum of £5,000 plus VAT (this does not contribute towards the purchase price) • Sign the Reservation Contract with the Auctioneer • Exchange contracts within 28 days • Complete the purchase within an additional 28 days of the exchange (unless an alternative date has been specified in the Reservation contract)
*The Reservation fee represents a different set of charges to the regular auction lots. A reservation fee is payable by the buyer where a seller has opted to sell with no fees. However, as a result, a lower reserve price is usually agreed. The reservation fee does not contribute toward the purchase price. Please ensure you understand the difference between conditional and unconditional auctions (and which type of auction you are bidding on), the associated costs and your legal obligation. If you are unsure or have any questions please contact one of our auction specialists or speak to a member of staff on the day before bidding. Please note ALL fees and deposits are non-refundable
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 15 and auction fees PARTNER AGENTS
PROUD TO WORK IN PARTNERSHIP WITH
sales & lettings
ESTATE AGENTS & PROFESSIONAL LETTING AGENTS
Interested in joining us as an Auction Partner? Get in touch to find out more or to arrange to meet with one of the team.
0345 222 0197 [email protected]
16 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees PARTNER AGENTS
AUCTION PARTNERS
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 17 and auction fees WE HAVE MOVED! Our new office address is:
155 Great Charles Street Birmingham B3 3LP
www.sdlauctions.co.uk LOTLOT 01 LAND AT THE REAR OF 45 TURFPITS LANE, ERDINGTON, BIRMINGHAM, B23 5DS
A LEASEHOLD FORMER GARAGE SITE WHICH MAY BE SUITABLE FOR RESIDENTIAL REDEVELOPMENT
PROPERTY DESCRIPTION: A Leasehold former garage site which may be suitable for continuance of its existing use or a number of alternative uses subject to obtaining the necessary planning consents. TENURE: We understand that the land is Leasehold subject to all rights of way documented or otherwise across the land. The council will grant a new 125 year Lease at a peppercorn ground rent, the Lease is to include a restriction to prohibit the site from being developed for flatted accommodation. Vacant possession will be given upon completion. SITE AREA: We understand that the site extends to some 985 sq.m. (1,178 sq.yds.) or thereabouts. PLANNING: The land may be considered suitable for a number of alternative uses including that of residential development subject to obtaining the necessary planning consents. There is however a restriction in the Lease to prohibit the site from being developed for flatted accommodation. All initial enquiries can be made to Robert King or Lucy Berry at Birmingham City Council on 0121 303 3928. SERVICES: Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose. PLANS: Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.
RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. AUCTIONEERS NOTE: 1. Please note that no offers will be accepted prior or post to the Auction. 2. The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to SDL Bigwood. No other means of payment will be accepted and failure to do so will result in the property being re-offered for sale. 3. In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,250. VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE £50,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 19 and auction fees LOT 2 LAND AND BUILDINGS YARDLEY CEMETERY, YARDLEY ROAD, YARDLEY, BIRMINGHAM B25 8LT
A VACANT LEASEHOLD GRADE II FORMER OFFICE BUILDING, PUBLIC TOILETS AND LAND PROPERTY DESCRIPTION: A vacant Grade II listed former office building, public toilets and associated land situated at the driveway entrance to Yardley Cemetery. ACCOMMODATION: At the time of going to print the Auctioneers had not had the opportunity to carry out an internal inspection of the property however it will be in need of total refurbishment throughout. TENURE: We understand that the land is Leasehold subject to a new 125 year Lease at a peppercorn Ground Rent. The Lease is to include a specific requirement for the purchaser to refurbish and bring back the property into beneficial residential occupation within a period of 24 months of the purchase. The purchaser will also be required to separate all shared service connections within a 2 month period of the purchase. Vacant possession will be given upon completion. SITE AREA: We understand that the site extends to some 256 sq.m. (306 sq.yds.) or thereabouts. PLANNING: Any conversion of the building will require Listed Building consent. Residential conversion may be considered, however this would depend on the acceptability and quality of the scheme and sensitive treatment of the buildings fabric. SERVICES: Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. AUCTIONEERS NOTE: 1. Please note that no offers will be accepted prior or post to the Auction. 2. The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to SDL Bigwood. No other means of payment will be accepted and failure to do so will result in the property being re-offered for sale. 3. In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,250. VIEWINGS: External viewings only.
*GUIDE PRICE £75,000 (plus fees)
20 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOT 03 LAND FRONTING STRATFORD ROAD, SPARKBROOK, BIRMINGHAM B11 4BT
A FREEHOLD IRREGULAR SHAPED PARCEL OF LAND PROPERTY DESCRIPTION: A Freehold irregular shaped parcel of land which surrounds a former public lavatory which does not form part of the sale. TENURE: We understand that the land is Freehold and vacant possession will be given upon completion. SITE AREA: We understand that the site extends to some 267 sq.m. (319 sq.yds.) or thereabouts. PLANNING: The land may be considered suitable for a number of alternative uses subject to obtaining the necessary planning consents. All initial enquiries can be made to Robert King or Lucy Berry at Birmingham City Council on 0121 303 3928. SERVICES: Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose. PLANS: Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. AUCTIONEERS NOTE: 1. Please note that no offers will be accepted prior or post to the Auction. 2. The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to SDL Bigwood. No other means of payment will be accepted and failure to do so will result in the property being re-offered for sale. 3. In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,250.
VIEWINGS: External viewings only.
*GUIDE PRICE £75,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 00 and auction fees LOTLOT 4 LAND BETWEEN 36 & 46 MALVERN HILL ROAD, NECHELLS, BIRMINGHAM, B7 5NX
A FREEHOLD DOMESTIC PARKING COURT AND LAND PROPERTY DESCRIPTION: A Freehold domestic parking court and land which may be suitable for continuance of its existing use or a number of alternative uses subject to obtaining the necessary planning consents. TENURE: We understand that the land is Freehold and vacant possession will be given upon completion. SITE AREA: We understand that the site extends to some 416 sq.m. (498 sq.yds.) or thereabouts. PLANNING: The land may be considered for a number of alternative uses including that of residential development subject to obtaining the necessary planning consents. All initial enquiries can be made to Robert King or Lucy Berry at Birmingham City Council on 0121 303 3928. SERVICES: Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose. PLANS: Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. AUCTIONEERS NOTE: 1. Please note that no offers will be accepted prior or post to the Auction. 2. The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to SDL Bigwood. No other means of payment will be accepted and failure to do so will result in the property being re-offered for sale. 3. In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,250.
VIEWINGS: The site is open for viewings.
*GUIDE PRICE £20,000 (plus fees)
22 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOT 05 'THE LAURELS' 65 FREDERICK ROAD, STECHFORD, BIRMINGHAM B33 8AE
A VACANT FREEHOLD FORMER EIGHTEEN BEDROOMED RESIDENTIAL CARE HOME AND ASSOCIATED ACCOMMODATION
PROPERTY DESCRIPTION: A purpose built two storey former eighteen bedroomed residential care home and associated ancillary office accommodation. Built in 1976 of traditional brick elevations and predominantly mono-pitched concrete tiled roofs. It is set back in communal grounds in a corner position and has a small car park to the rear together with two lock-up garages. ACCOMMODATION: Ground Floor: Entrance Hall, Three Offices, WC, Lounge, Lift, Dining Room, Kitchen, Stores, Laundry, Boiler Room, Bathroom and Ten Bedrooms. First Floor: Landing, Lift, Bathroom with WC, Eight Bedrooms, Games Room, Kitchenette and Two Staff/Assisted Living Flats comprising of Lounge, Kitchen, Two Bedrooms and Bathroom. Outside: Communal Gardens, Car Park, Two lock-up Garages and a former Asian Women's Day Centre.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. SITE AREA: We understand that the site extends to 3,368 sq.m. (0.83 acres) or thereabouts. PLANNING: The property offers potential for continued use as a care facility within the C2 or other compatible planning uses within use class D1. Alternatively the site may be suitable for a small residential development subject to obtaining the necessary planning consents. All initial enquiries can be made to Robert King or Lucy Berry at Birmingham City Council on 0121 303 3928. AUCTIONEERS NOTE: 1. Please note that no offers will be accepted prior or post to the Auction. 2. The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to SDL Bigwood. No other means of payment will be accepted and failure to do so will result in the property being re-offered for sale. 3. In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,750. 4. An Asbestos Report on the building is available from the Auctioneers offices. VIEWINGS: See viewing schedule.
*GUIDE PRICE £350,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 23 and auction fees LOTLOT 6 581 TYBURN ROAD, ERDINGTON, BIRMINGHAM B24 9RX
A VACANT FREEHOLD COMMERCIAL OFFICE BUILDING PROPERTY DESCRIPTION: A two storey commercial office building built in the 1960's of concrete frame with brick and panel infill surmounted by a flat roof. Set back from the A38/Tyburn Road behind a lawned foregarden with side roadway and entrance to its rear car park/delivery area. ACCOMMODATION: Ground Floor: 729 sq.m. (7,844 sq.ft.) First Floor: First Floor Office - 859 sq.m. (9,242 sq.ft.) Outside (Car Park): 1,662 sq.m. (17,883 sq.ft.) The ground and first floors are set out as offices with part of the ground floor given over to stores. The property is in need of refurbishment throughout.
ENERGY EFFICIENCY RATING: D
SITE AREA: The site extends to some 5,670 sq.m. (6,781 sq.yds.) or thereabouts. TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. PLANNING: The property is understood to have the benefit of planning consent for B1 office use and may be suitable for a variety of alternative uses subject to planning consent being obtained, such as Light Industrial, Storage/Distribution, Car Showroom, Office (as per existing use). All initial enquiries can be made to Robert King or Lucy Berry at Birmingham City Council on 0121 303 3928. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. AUCTIONEERS NOTE: 1. Please note that no offers will be accepted prior or post to the Auction. 2. The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to SDL Bigwood. No other means of payment will be accepted and failure to do so will result in the property being re-offered for sale. 3. In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,750. VIEWINGS: See viewing schedule.
*GUIDE PRICE £400,000 (plus fees)
24 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOT 07 CAR PARK AT FREDERICK STREET, WALSALL, WS2 9NJ
A VACANT FREEHOLD CAR PARK PROPERTY DESCRIPTION: A Freehold car park which is rectangular in shape and may be suitable for continuance of its existing use or a number of alternative uses subject to obtaining the necessary planning consents. TENURE: We understand that the land is Freehold and vacant possession will be given upon completion. SITE AREA: We understand that the site extends to some 860 sq.m. (0.21 acres) or thereabouts. SERVICES: Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose. PLANS: Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. AUCTIONEERS NOTE: 1. Please note that no offers will be accepted prior to the Auction. 2. Upon completion the Council will remove/disconnect any ticket machines, signage and lighting. 3. In addition to the purchase price the purchaser will be required to pay the Auctioneers fees of £495 plus VAT and legal costs of 2% of the sale price plus VAT.
VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £125,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 25 and auction fees LOTLOT 8 198 LONGMORE ROAD, SHIRLEY, SOLIHULL, B90 3EQ A VACANT FREEHOLD DETACHED PROPERTY PROPERTY DESCRIPTION: A detached property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Two Reception Rooms, Kitchen, Rear Lean-to with WC off. First Floor: Landing, Two Bedrooms, Bathroom/WC. Outside: Gardens and Side Driveway Parking.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units, however the property is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £120,000 (plus fees)
LOTLOT 9 79 LONGDON ROAD, KNOWLE, SOLIHULL, B93 9HT
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Porch, Hall with Understairs Cupboard, Wet Room/ WC, Two Reception Rooms, Kitchen. First Floor: Landing, Two Bedrooms, Bathroom/WC with Shower. Outside: Gardens, Driveway Parking and Side Store. The property benefits from having a gas fired central heating system, the majority of the windows are UPVC double glazed units, however the property is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £200,000 (plus fees)
26 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 100 44-58 FEATHERSTONE CRESCENT, SHIRLEY, SOLIHULL, B90 3RJ
EIGHT FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Eight freehold ground rent investments secured on maisonettes, situated in two blocks.
LOCATION: Featherstone Crescent is a cul-de-sac, which runs off Longmore Road, close to the junction of Union Road and the maisonettes are situated at the end of the cul-de-sac.
LEASE DETAILS: Nos. 44, 46, 52: 189 years from 24th June 1961, subject to a peppercorn rent. No. 48: 99 years from 12th July 2007, subject to a ground rent of £25 per annum, escalating. No. 50: 99 years from 26th June 2015, subject to a ground rent of £100 per annum, escalating. Nos. 54 & 58: 99 years from 24th June 1961, subject to a ground rent of £12.50 per annum per property. No. 56: 99 years from 19th October 2007, subject to a ground rent of £50 per annum, escalating.
See legal pack for further Lease deteails.
*GUIDE PRICE £44,000 - £48,000
LOTLOTLOT 110 60-74 FEATHERSTONE CRESCENT, SHIRLEY, SOLIHULL, B90 3RJ
EIGHT FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Eight freehold ground rent investments secured on maisonettes, situated in two blocks.
LOCATION: Featherstone Crescent is a cul-de-sac, which runs off Longmore Road, close to the junction of Union Road and the maisonettes are situated at the end of the cul-de-sac.
LEASE DETAILS: Nos. 60 & 62: 99 years from 24th June 1961, subject to a ground rent of £12.50 pa., per property. No. 64: 99 years from 27th October 2008, subject to a ground rent of £50 per annum, escalating. No. 66: 99 years from 22nd January 2001, subject to a ground rent of £25 per annum, escalating. No. 68: 99 years from 18th November 2004, subject to a ground rent of £25 per annum, escalating. No. 70: 99 years from 28th November 2008, subject to a ground rent of £50 per annum, escalating. No. 72: 99 years from 30th September 2009, subject to a ground rent of £50 per annum, escalating. No. 74: 161 years from 27th February 2004, subject to a ground rent of £25 per annum, escalating. See legal pack for further Lease details.
*GUIDE PRICE £51,000 - £53,000
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 27 and auction fees LOTLOT 12 73, 75, 81 & 83 FEATHERSTONE CRESCENT, SHIRLEY, SOLIHULL, B90 3RH
FOUR FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Four freehold ground rent investments secured on maisonettes, situated in three blocks, two of which are incomplete blocks.
LOCATION: Featherstone Crescent is a cul-de-sac, which runs off Longmore Road, close to the junction of Union Road and the maisonettes are situated at the end of the cul-de-sac.
LEASE DETAILS: No. 73: 99 years from 8th May 2015, subject to a ground rent of £100 per annum, escalating. No. 75: 99 years from 24th June 1961, subject to a ground rent of £12.50 per annum. Nos. 81 & 83: 189 years from 24th June 1961, subject to a peppercorn ground rent.
See legal pack for full details.
*GUIDE PRICE £19,000 - £23,000
LOTLOT 13 76, 78 & 80 FEATHERSTONE CRESCENT, SHIRLEY, SOLIHULL, B90 3RJ
THREE FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Three freehold ground rent investments secured on maisonettes, situated in purpose built blocks.
LOCATION: Featherstone Crescent is a cul-de-sac, which runs off Longmore Road, close to the junction of Union Road and the maisonettes are situated at the end of the cul-de-sac.
LEASE DETAILS: No. 76: 99 years from 18th July 2007, subject to a ground rent of £50 per annum, escalating. No. 78: 99 years from 24th June 2001, subject to a ground rent of £25 per annum, escalating. No. 80: 99 years from 28th August 2003, subject to a ground rent of £25 per annum, escalating.
See legal pack for further lease details.
AUCTIONEERS NOTE: The Freehold interest subject to the Lease is being sold as a conditional contract, subject to the statutory procedure under the Landlord and Tenant Act 1987, following the service of Section 6 Acceptance Notices from the qualifying Leaseholders.
*GUIDE PRICE £5,000 - £5,500 (plus fees)
28 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 140 22 MARSTON GROVE, GREAT BARR, B43 5ED
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached Property standing back from the road behind a driveway and foregarden, which may have development potential to the side, subject to obtaining the necessary planning consents.
ACCOMMODATION: Ground Floor: Hall with Understairs WC, Reception Room, Kitchen, Conservatory. First Floor: Landing, Three Bedrooms, Shower Room/WC. Outside: Front, Rear and Side Gardens, Double Side Garage and Driveway Parking. The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units,
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £50,000 (plus fees)
LOTLOTLOT 150 39 RUDGE AVENUE, WOLVERHAMPTON, WV1 2AS
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Through Reception Room, Kitchen, Utility Room. First Floor: Landing, Three Bedrooms, Bathroom, WC. Outside: Gardens.
The property is in need of refurbishent works throughout.
ENERGY EFFICIENCY RATING: G
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £45,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 29 and auction fees LOTLOT 16 66 MILTON STREET, BRIERLEY HILL, DY5 4HX
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a driveway.
ACCOMMODATION: Ground Floor: Hall, Reception Room, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Driveway and Garden.
The property benefits from having a gas fired central heating system and partial UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: The property is situated within close proximity to Russells Hall Hospital and the Merry Hill Shopping Centre.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £30,000 (plus fees)
LOTLOT 17 29 CHESTER PLACE, WALSALL, WS2 9UT
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property standing back from the road behind a gravelled forgarden.
ACCOMMODATION: Ground Floor: Hall, Two Reception Rooms (interconnected), Kitchen. First Floor: Landing with Store, Three Bedrooms, Bathroom/WC. Outside: Gardens and Rear Brick Store.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE £49,000 - £54,000 (plus fees)
30 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 180 27 DALE STREET, RUGBY, CV21 2LP
A VACANT FREEHOLD END TERRACED PROPERTY
PROPERTY DESCRIPTION: An end terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall with Understairs Cupboard, Two Reception Rooms, Kitchen, Pantry, WC. First Floor: Landing, Two Bedrooms, Bathroom/WC. Outside: Gardens. The property is in need of refurbishment works throughout.
ENERGY EFFICIENCY RATING: G
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: The property is conveniently located within walking distance of both the Town Centre and Railway Station (which offers a 50 minute commute to London Euston). There are shops, leisure facilities and the new retail park all within a short distance, as well as access to the VIEWINGS: regions motorway network (M1, M6 & M45). See viewing schedule.
*GUIDE PRICE in excess of £50,000 (plus fees)
LOTLOTLOT 18A 0 148 ABBEY ROAD, WHITLEY, COVENTRY, CV3 4BH
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Two Reception Rooms, Kitchen, Lean-to. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Gardens.
The property is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £80,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 31 and auction fees LOTLOT 19 FORMER NATWEST BANK, 92 QUEENS ROAD, LEICESTER, LE2 1SY
FREEHOLD FORMER BANK PREMISES SITUATED IN AN ESTABLISHED NEIGHBOURHOOD RETAIL LOCATION CIRCA 0.5 MILE FROM THE UNIVERSITY OF LEICESTER AND 1.5 MILES FROM LEICESTER CITY CENTRE. THE PROPERTY PROVIDES ALTERNATIVE USE POTENTIAL, SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS.
PROPERTY DESCRIPTION: The property comprises a two storey former bank premises situated in a prominent corner position on the junction of Queens Road and Clarendon Park Road. The property is of brick construction arranged over ground and first floor and surmounted by a flat roof. Internally, the property provides former banking hall, ancillary office accommodation and strong room to the ground floor, with further office accommodation, storage and former staff room to the first floor. There is a small enclosed yard area situated to the rear of the property.
ENERGY EFFICIENCY RATING: D
LOCATION: The property is situated in a vibrant and well established retail pitch, within a busy neighbourhood location. The property benefits from a burgeoning student and young professional population, with the property being situated within close proximity of the University of Leicester, DeMontfort University and Leicester Royal Infirmary. Occupiers within the immediate vicinity include William Hill, Subway and Costa Coffee.
TENURE: We understand that the property is held freehold.
TENANCY DETAILS: There is an ATM machine at the property which will be let to NatWest Plc for a term of 5 years, with effect from the date of completion. The ATM will be let at £2,500 p.a. following a 3 month rent-free period. Full lease details are available within the legal pack.
ACCOMMODATION: The property extends to approximately 2,026 sq.ft. (188.23 sq.m.). All interested parties must seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.
32 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees VALUE ADDED TAX: We understand that VAT will not be chargeable on this transaction. All interested parties are advised to refer to the Special Conditions of Sale within the legal pack for their own verification.
VIEWINGS: See viewing schedule.
IN PARTNERSHIP WITH:
*GUIDE PRICE in excess of £205,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 33 and auction fees LOTLOT 20 54 NEWLAND GROVE, DUDLEY, DY2 0TN
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind driveway and foregarden.
ACCOMMODATION: Ground Floor: Porch, Hall with Understairs Cupboard, Two Reception Rooms, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC with Shower. Outside: Gardens, Driveway and Brick Built Outhouse & WC to rear.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units, however it is in need of modernisation work throughout.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £75,000 (plus fees)
LOTLOT 21 196 BRANSFORD ROAD, ST JOHNS, WORCESTER, WR2 4EX
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property, standing back from the road behind a driveway.
ACCOMMODATION: Ground Floor: Hall, Two Reception Rooms, Kitchen, Store, WC. First Floor: Landing, Two Bedrooms, Bathroom. Outside: Driveway and Rear Garden.
The property benefits from having partial UPVC double glazed units, however is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: F
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: St Johns is a large suburb of Worcester, west of the City Centre and the River Severn and is home to Worcester University and its main campus.
VIEWINGS: See viewings schedule.
*GUIDE PRICE in excess of £75,000 (plus fees)
34 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 220 1 SANDY LANE, WOLVERHAMPTON, WV10 9DE
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property which stands back from the road behind a driveway and foregarden which may have development potential subject to planning.
ACCOMMODATION: Ground Floor: Hall, Reception Room with Understairs Store, Kitchen, Store. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Gardens and Driveway Parking. The property benefits from having a gas fired central heating system, the majority of the windows are UPVC double glazed units, however the property is in need of improvement works.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE £39,000 - £44,000 (plus fees)
LOTLOT 22A GARAGES 1-4 & 6-8 REAR OF 146-152A CHURCH ROAD, SHELDON, BIRMINGHAM, B26 3TS 7 LOCK-UP GARAGE INVESTMENTS, SITUATED IN A BLOCK OF 8 CURRENT GROSS INCOME: £2,000 PA.
PROPERTY DESCRIPTION: 7 garages situated in a residential area, approached from an entrance off Church Road, adjacent to the block known as 146-152a Church Road.
TENURE: We understand that the garages are Freehold and are being sold subject to the existing tenancies.
TENANCY DETAILS: No. 1: Let at a figure of £80 per quarter. No. 2: Let at a figure of £85 per quarter. No. 3: Let at a figure of £90 per quarter. No. 4: Let at a figure of £80 per quarter. No. 6: Currently void. No. 7: Let at a figure of £85 per quarter. No. 8: Let at a figure of £80 per quarter.
VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £28,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 35 and auction fees LOTLOT 23 46 HIGH STREET, BROMSGROVE, B61 8HQ
A PROMINENT AND SUBSTANTIAL TOWN CENTRE RETAIL INVESTMENT PROPERTY WITH VACANT UPPER FLOORS WHICH ARE CONSIDERED SUITABLE FOR CONVERSION TO RESIDENTIAL USES, SUBJECT TO OBTAINING ANY APPROPRIATE PLANNING PERMISSION CURRENT RENTAL INCOME: £16,000 PA., RISING TO £18,000 PA. IN MARCH 2018
PROPERTY DESCRIPTION: The property comprises a substantial and attractive corner property, which is currently configured to provide on the ground floor a self-contained retail unit, whilst on the first floor there are five rooms, WC and kitchen, with two further rooms on the second floor. The upper floors are considered suitable for conversion to residential uses, subject to obtaining any appropriate planning permission.
ENERGY EFFICIENCY RATING: See legal pack.
LOCATION: The property occupies a prominent position at the corner of Bromsgrove High Street and New Road, close to local occupiers such as Pizza Express, Thomson, Betfred, Holland & Barratt and the West Bromwich Building Society. Bromsgrove Town Centre is situated approximtely 13 miles to the south west of Birmingham, 12 miles to the north of Worcester and 7 miles to the west of Redditch. The town benefits from excellent motorway access with junction 1 of the M42 and junction 4 of the M5 motorways being within approximately 3 miles of the town centre and junction 5 of the M5 motorway being approximately 4 miles distant.
36 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees TENURE: We understand that the property is Freehold, the ground floor is subject to a Lease to Eyedeal for a term of 10 years with effect from 28th March 2013, at a current rental of £16,000 per annum, rising to £18,000 per annum in March 2018.
We have not had sight of the legal documentation relating to this, however a copy of the Lease will be available for inspection within the legal pack.
Vacant possession will be given upon completion in respect of the first and second floors. VALUE ADDED TAX: We understand that VAT is not chargeable on this transaction. VIEWINGS: Strictly by arrangement with the Auctioneers. JOINT AGENTS:
*GUIDE PRICE in excess of £250,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 37 and auction fees LOTLOT 24 43 HERONS WAY, SELLY OAK, BIRMINGHAM, B29 6TR
A VACANT LONG LEASEHOLD GROUND FLOOR PURPOSE BUILT APARTMENT
PROPERTY DESCRIPTION: A ground floor apartment, situated in a two block, standing in communal grounds close to the Queen Elizabeth Hospital and Birmingham University.
ACCOMMODATION: Ground Floor Only: Communal Entrance Hall., Apartment 43: Hall, Reception Room, Kitchen, Two Bedrooms, Bathroom, Separate WC. Outside: Rear Garden.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Long Leasehold for a term of 125 years from 12th November 1990, subject to a Ground Rent of £10 per annum and we are informed that the Service Charge for 1st April 2016 - 31st March 2017 was £175.01 (see legal pack for further details). Vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE £29,000 - £34,000 (plus fees)
LOTLOT 25 8 THE CROFT, DUDLEY, DY3 1LZ A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Reception Room, Open Plan Dining Kitchen, Inner Hall, WC, Utility Room. First Floor: Landing, Three Bedrooms, Bathroom. Outside: Gardens.
The property is in need of refurbishment works throughout.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £40,000 (plus fees)
38 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOT 2 2606 194 HIGH STREET, PENSNETT, BRIERLEY HILL, DY5 4JG
A VACANT FREEHOLD SEMI DETACHED PROPERTY, WHICH MAY BE SUITABLE FOR REDEVELOPMENT, SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Reception Room, Kitchen, Bathroom/WC. First Floor: Landing, Two Bedrooms. Outside: Gardens.
The property is in need of refurbishment works throughout.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: The property is in close proximity to Russells Hall Hospital and the Merry Hill Shopping Centre.
VIEWINGS: &YUFSOBMWJFXJOHTPOMZ.
*GUIDE PRICE in excess of £40,000 (plus fees)
LOT 26A26a 196 HIGH STREET, PENSNETT, BRIERLEY HILL, DY5 4JG
A VACANT FREEHOLD SEMI DETACHED PROPERTY, WHICH MAY BE SUITABLE FOR REDEVELOPMENT, SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Reception Room, Kitchen, Bathroom/WC. First Floor: Landing, Two Bedrooms. Outside: Gardens.
The property is in need of refurbishment works throughout.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: The property is in close proximity to Russells Hall Hospital and the Merry Hill Shopping Centre.
VIEWINGS: &YUFSOBMWJFXJOHTPOMZ
*GUIDE PRICE in excess of £40,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 39 and auction fees LOTLOT 27 146-152A CHURCH ROAD, SHELDON, BIRMINGHAM, B26 3TS
EIGHT FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Eight ground rent investments secured on maisonettes.
LOCATION: The maisonettes are situated at the junction of Church Road and Horrell Road.
LEASE DETAILS: No. 146: 99 years from 22nd April 2016, subject to a ground rent of £75 pa, escalating. No. 146a: 99 years from 24th June 1963, subject to a ground rent of £15 pa. No. 148: 99 years from 26th August 2007, subject to a ground rent of £50 pa, escalating. No. 148a: 99 years from 17th November 2016, subject to a ground rent of £75 pa, escalating. No. 150: 99 years from 20th May 2005, subject to ground rent of £15 pa. No. 150a: 99 years from 20th May 2005, subject to a ground rent of £50 pa, escalating. No. 152: 99 yeras from 24th June 1963, subject to a ground rent of £15 pa. No. 152a: 99 years from 30th November 2005, subject to a ground rent of £50 pa, escalating.
See legal pack for Lease details. *GUIDE PRICE £30,000 - £32,500 (plus fees)
LOTLO T28 GARAGES 1-8, ADJACENT YEW TREE HOUSE, BILLS LANE, SHIRLEY, SOLIHULL, B90 2PP 8 LOCK-UP GARAGE INVESTMENTS CURRENT GROSS INCOME: £2,720 PA.
PROPERTY DESCRIPTION: A block of 8 garages in a residential area, situated adjacent to a block of flats known as Yew Tree House, Bills Lane, Shirley.
TENANCY DETAILS: Each of the garages are let at a rental figure of £85 per quarter - £2,720 per annum.
VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £32,000 (plus fees)
If you can’t make the auction room, you can bid on the telephone, by proxy or online. See the form at the back of this catalogue.
40 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees Common sense lending, uncommonly quick.
Our common sense approach to short-term lending means we look at every application on its own merits; considering all income types and even the most unusual purchases. So when you need a quick decision, we’re on your side; on the phone, online or even right there with you in the auction room. For a common sense decision, delivered quickly, call 0161 933 7071.
WRJHWKHUPRQH\FRPDXFWLRQÀQDQFH Any property used as security, including your home, may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. LOTLOT 29 250-256 THE WHITEHOUSE, 1-6 THE WOODLANDS & 1-6 YEW TREE HOUSE, BILLS LANE, SHIRLEY, SOLIHULL, B90 2PP
SIXTEEN FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS PROPERTY DESCRIPTION: Sixteen ground rent investments secured on maisonettes. LOCATION: The maisonettes are situated on Bills Lane, where the road bends between the junctions of Lancombe Road and Neville Road. LEASE DETAILS: 250-256 The Whitehouse No. 250: 99 years from 26th May 2017, subject to a ground rent of £100 pa, escalating. No. 252: 189 years from 25th March 1977, subject to a peppercorn rent. No. 254: 99 years from 15th February 2013, subject to a ground rent of £100 pa, escalating. No. 256: 99 years from 25th March 1977, subject to a ground rent of £25 pa. 1-6 The Woodlands Nos. 1 & 4 The Woodlands: 189 years from 25th March 1959, subject to a peppercorn rent. Nos. 2, 3, 5 & 6: 99 years from 25th March 1959, subject to a ground rent of £12.50 pa. 1-6 Yew Tree House Nos. 1, 4 & 5: 99 years from 25th March 1959, subject to a ground rent of £12.50 pa. No. 2: 189 years from 5th March 1959, subject to a peppercorn rent. No. 3: 144 years from 31st March 2004, subject to a ground rent of £12.50 pa. No. 6: 189 years from 25th March 1959, subject to a peppercorn ground rent. See legal pack for further Lease details.
42 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees *GUIDE PRICE £140,000 - £150,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 43 and auction fees LOTLOT 30 117 STATION ROAD, CRADLEY HEATH, B64 9PL
FREEHOLD FORMER OFFICES/LIGHT INDUSTRIAL BUILDINGS, SITUATED IN A CONVENIENT POSITION ADJACENT OLD HILL RAILWAY STATION, HAVING PLANNING PERMISSION FOR PROPOSED PARTIAL DEMOLITION AND CONVERSION OF EXISTING PREMISES INTO 6 NO. TWO BEDROOM AND 4 NO. ONE BEDROOM APARTMENTS AND DEVELOPMENT OF 2 NO. NEW BUILD DETACHED HOUSES.
PROPERTY DESCRIPTION: The property currently comprises a range of predominantly two storey office and light industrial buildings and adjoining car park, with frontages to both Station Road and Waterfall Lane, situated on a site extending to about 0.3 Acres (0.12 Hectares) or thereabouts. We estimate that the existing buildings have a total net internal area over two floors of approximately 8,986 Sq Ft (834.8 Sq M) or thereabouts and the property has the benefit of planning permission for proposed partial demolition and conversion of existing premises into 6 No. Two Bedroom and 4 No. One Bedroom Apartments and the development of 2 No. New Build Detached Houses.
ENERGY EFFICIENCY RATING: F
LOCATION: The property is located in Old Hill about 1.5 miles from Cradley Heath town centre and adjacent to Old Hill Railway Station from where regular train services connect to Birmingham City Centre and Stourbridge. Centres such as Birmingham, Dudley, Halesowen and Stourbridge are about 10, 4, 2.5 and 5 miles respectively whilst Junction 2 of the M5 Motorway is about 2.5 miles. TENURE: We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.
44 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees SERVICES: Mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose. PLANS & AERIAL PHOTOGRAPHS: Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not. TOWN PLANNING: The property is situated in Old Hill and any planning enquiries should be directed to Local Planning Authority, Sandwell Metropolitan Borough Council. We understand that Planning Permission Ref No. DC/17/60359 for ‘Proposed partial demolition and conversion of existing premises into 6 No. 2 bed and 4 No. 1 Bed apartments, 2 No. new build detached houses’ was granted by Sandwell Metropolitan Borough Council on 8th September 2017 subject to conditions. Interested parties must make their own enquiries of the Local Planning Authority respect of planning and independently satisfy themselves as to the suitability of the site for any development or use they propose.
VALUE ADDED TAX: We are informed VAT will be charged on the purchase price, but for further information in this regard, please refer to the legal pack.
VIEWINGS: Strictly by arrangement with the Auctioneers.
FOR ILLUSTRATIVE PURPOSES ONLY
*GUIDE PRICE £295,000 - £300,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 45 and auction fees LOTLOT 31 30 CLANDON CLOSE, KINGS NORTON, BIRMINGHAM B14 5QL
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property standing back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Porch, Hall, Through Reception Room/Dining Room, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Driveway Parking, Gardens, Garage. The majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: G
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £70,000 (plus fees)
LOTLOT 32 30 MARJORAM CLOSE, KINGS NORTON, BIRMINGHAM, B38 9QX A VACANT FREEHOLD MID TERRACED TOWN HOUSE
PROPERTY DESCRIPTION: A mid terraced town house, standing back from the road behind a driveway and foregarden, which has been renovated throughout to include new plastering, rewiring, kitchen, bathroom etc.
ACCOMMODATION: Ground Floor: Porch, Hall, Reception Room, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC with Separate Shower Cubicle. Outside: Gardens and Driveway Parking.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £50,000 (plus fees)
46 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 330 22A MOUNT PLEASANT, REDDITCH, B97 4JB
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A terraced property accessed via a pedestrian walkway which is within walking distance of Redditch town centre.
ACCOMMODATION: Ground Floor: Reception Room, Kitchen. First Floor: Landing, Two Bedrooms, Bathroom/WC with Shower. Outside: Rear Yard.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed.
ENERGY EFFICIENCY RATING: C
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
JOINT AGENTS:
*GUIDE PRICE in excess of £85,000 (plus fees)
Entries are now invited for our next Birmingham auction Thursday 14th December 2017
Please call 0121 233 5046 for a FREE valuation
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 47 and auction fees LOTLOT 34 27, 33 & 35 LORDSWOOD ROAD, TOGETHER WITH, 2, 4, 6, 8, 8A, 10, 12, 14, 16 & 18 LONSDALE ROAD, HABORNE, BIRMINGHAM, B17 9RP
A PROMINENT FREEHOLD MIXED USE INVESTMENT PROPERTY, WITHIN AFFLUENT AND POPULAR SUBURB, HAVING ASSET MANAGEMENT OPPORTUNITIES TO INCREASE INCOME AND FUTURE DEVELOPMENT POTENTIAL, SUBJECT TO OBTAINING ANY APPROPRIATE PLANNING PERMISSION. CURRENT RENTAL INCOME: £98,165 PA. ESTIMATED FULL RENTAL VALUE: £113,415 PA. PROPERTY DESCRIPTION: A prominent corner block of mixed retail, office and residential uses with multiple occupiers, set behind partly private/public forecourts on the respective frontages.The property divides readily into two blocks, standing either side of a small private car park, which is an integral part of the premises.The main block fronts Lordswood Road with a partial return frontage to Lonsdale Road and comprises a three storey building of brick construction, surmounted by a pitched slate roof, with two storey matching wings.The second portion of the property is a detached block of four lock-up single storey shops, fronting Lonsdale Road of brick construction with flat roofing. The shops are each of a relatively similar modular nature and have disused land to the rear.The private car park between the two elements is surfaced and provides approximately 10 car parking spaces.
ENERGY EFFICIENCY RATING: See legal pack.
LOCATION: The property occupies a prominent main road position in the popular and affluent Bimingham suburb of Harborne, approximately 3 miles west of the City Centre. Situated at the western end and on the periphery of the High Street shopping area, the property has a main frontage to Lordswood Road and a return frontage to Lonsdale Road.
TENURE: We understand that the property is Freehold, subject to the following tenancy schedule. Copies of the agreements will be available for inspection within the Legal Pack.
VALUE ADDED TAX: We understand that VAT is not chargeable on this transaction. All interested parties should refer to the Legal Pack for verification. VIEWINGS: Strictly by arrangement with the Auctioneers.
48 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees TENANCY SCHEDULE:
*GUIDE PRICE in excess of £1.25m (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 49 and auction fees LOTLOT 35 LAND ADJACENT TO 10 FIRST AVENUE, BROWNHILLS, WALSALL, WS8 6JH
FOR ILLUSTRATIVE PURPOSES ONLY
A VACANT FREEHOLD PARCEL OF LAND, SUITABLE FOR RESIDENTIAL DEVELOPMENT, SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS.
PROPERTY DESCRIPTION: An irregular shaped parcel of land situated adjacent to No. 10 First Avenue, which may be suitable to develop two residential dwellings, subject to obtaining the necessary planning consents. TENURE: We understand that the land is Freehold and vacant possession will be given upon completion. SITE AREA: The site area extends to approximately 496 sq.m. (5,336 sq.ft.). SERVICES: Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose. PLANS: Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £15,000 (plus fees)
50 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 360 10 FIRST AVENUE, BROWNHILLS, WALSALL, WS8 6JH
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a foregarden, accessed via a pedestrian walkway.
ACCOMMODATION: Ground Floor: Porch, Hall, Reception Room, Dining Room, Kitchen, Verandah, WC. First Floor: Three Bedrooms, Bathroom/WC. Outside: Gardens. The property is in need of complete refurbishment works throughout.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £60,000 (plus fees)
LOTLOTLOT 370 62 GEORGE STREET, WALSALL, WS1 1RS
A FREEHOLD TOWN CENTRE RETAIL INVESTMENT CURRENT RENT PASSING: £7,000 PA PROPERTY DESCRIPTION:
The property comprises a mid terraced three storey building of brick and part rendered construction with a slate roof. The property trades as a Slovakian Deli. ENERGY EFFICIENCY RATING: E LOCATION:
The property is situated within a parade of similar properties lying to the northern side of George Street opposite an Asda superstore and within an area which is currently undergoing extensive investment and improvement, including a new retail and leisure development to the rear. The established shopping areas of the High Street, The Saddlers Centre and Jerome Retail Park are all within close proximity. TENURE:
We understand that the property is Freehold, subject to a Lease for a term of 5 years with effect from June 2017, at a current rent of £7,000 per annum. We have not had sight of any legal documentation relating to this letting, but a copy of the Lease will be available for inspection within the legal pack. VIEWINGS: VALUE ADDED TAX: Strictly by arrangement with the Auctioneers. We understand that VAT will be chargeable upon this transaction. *GUIDE PRICE £60,000 - £65,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 51 and auction fees Page 52.qxp_Bigwood 28/09/2017 17:05 Page 1
LOTLOT 38 65 GEORGE STREET, WALSALL, WS1 1RS
A FREEHOLD TOWN CENTRE RETAIL INVESTMENT CURRENT RENT PASSING: £6,000 PA.
PROPERTY DESCRIPTION: The property comprises an attractive end terraced three storey building of brick and part rendered construction, with a slate roof. The property is currently used for sale the sale of ladies clothing.
ENERGY EFFICIENCY RATING: C LOCATION: The property is situated within a parade of similar properties, lying to the northern side of George Street opposite an Asda superstore and within an area which is currently undergoing extensive investment and improvemet, including a new retail and leisure development to the rear. The established shopping areas of the High Street, The Saddlers Centre and Jerome Retail Park are all within close proximity. TENURE: We understand that the property is Freehold, subject to a Lease for 3 years with effect from 16th October 2015 and expiring on 15th October 2018, at a current rent of £6,000 per annum. We have not had sight of any legal documentation relating to this VALUE ADDED TAX: letting, but a copy of the Lease will be available for inspection within We understand that VAT will be chargeable upon this the legal pack. transaction. VIEWINGS: *GUIDE PRICE £60,000 - £65,000 (plus fees) Strictly by arrangement with the Auctioneers.
LOTLOT 39 47 PENDEFORD MILL LANE, CODSALL, WOLVERHAMPTON WV8 1JG
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Hall with WC, Reception Room, Kitchen, Store. First Floor: Landing, Three Bedrooms, Bathroom. Outside: Gardens and Driveway Parking.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £50,000 (plus fees)
52 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 400 LAND AT 9-17 RUITON STREET, LOWER GORNAL, DUDLEY, DY3 2EH
A FREEHOLD DEVELOPMENT SITE EXTENDING TO ABOUT 0.2 ACRES (0.08 HECTARES) WITH PLANNING PERMISSION FOR THE DEVELOPMENT OF 10 NO. APARTMENTS AND ASSOCIATED CAR PARKING.
PROPERTY DESCRIPTION: The property currently comprises a cleared site extending to about 0.2 Acres (0.08 Hectares) or thereabouts which has the benefit of planning permission for the development of 10 No. apartments (5 No. two bedroomed apartments and 5 No. one bedroomed apartments}. LOCATION: The property is located in Lower Gornal, an established residential location, about 2 miles north west of Dudley town centre. Other centre such as Stourbridge, Kingswinford, Wolverhampton and Birmingham are about 6.5, 3, 5 and 12.5 miles respectively whilst Merry Hill Shopping Centre is about 4.5 miles and Russells Hall Hospital is about 3 miles. TENURE: We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack. SERVICES: TOWN PLANNING: Mains services are believed to be available within the vicinity of the The property is situated in Lower Gornal and any planning property but interested parties should independently satisfy enquiries should be directed to Local Planning Authority, themselves as to the availability and suitability of any services for Dudley Metropolitan Borough Council. their particular requirements. We understand that Planning Permission Ref No. P14/1139 for GROUND CONDITIONS & CONTAMINATION: ‘Demolition of existing buildings and erection of 10 No. Prospective purchasers must undertake their own investigations apartments’ was granted by Dudley Metropolitan Borough relative to ground conditions and contamination and independently Council on 17th Decemberr 2014 subject to conditions and a satisfy themselves as to suitability of the site for any use or section 106 Agreement. development they may propose. Interested parties must make their own enquiries of the Local Planning Authority respect of planning and RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS independently satisfy themselves as to the suitability of the ETC: site for any development or use they propose. The property is sold subject to or with the benefit of any Rights of VALUE ADDED TAX: Way, Wayleaves, Easements, Restrictive Covenants etc. which may We are informed that VAT will not be charged on the exist whether mentioned in these particulars or not. purchase price but for confirmation in this regard please PLANS & AERIAL PHOTOGRAPHS: refer to the legal pack. Any plans or aerial photographs provided with these particulars are VIEWINGS: for identification purposes only and their accuracy is not guaranteed. Strictly by arrangement with the Auctioneers.
*GUIDE PRICE £250,000 - £275,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 53 and auction fees LOTLOT 41 20 PRIESTLAND TERRACE, TELFORD, TF2 7JJ
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Hall, Reception Room/Dining Room, Kitchen, Conservatory. First Floor: Landing, Three Bedrooms, Shower Room, WC. Outside: Gardens and Driveway Parking.
The property is in need of refurbishment works throughout.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: The property is conveniently situated close to the A518 Commuter Link to Telford and M54 to Birmingham and Shrewsbury and close to Telford Town Centre.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £50,000 (plus fees)
NO LONGER ACCEPTING All deposits must be paid by:- Bank/Building CHEQUES Society Draft As an extra safeguard to our vendors we NO longer accept any cheques. Debit Card To benefit all purchasers there will be no card charges for payments made by debit Credit Card card. A charge of 3.5% will still apply for credit card payments.
All Birmingham City Council lots must still be paid by Bankers Draft, the property cannot be sold to you if you do not have this with you at the auction.
www.sdlauctions.co.uk
54 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLO T 420 1, 3, 5 & 7 DINGLE ROAD, BROWNHILLS, WALSALL, WS8 7ED
FOUR FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Four ground rent investments secured on maisonettes.
LOCATION: Dingle Road runs between Church Street and Rose Drive.
LEASE DETAILS: Nos. 1, 3 & 5: 99 years from 24th June 1972, subject to a ground rent of £20 pa. No. 7: 189 years from 24th June 1972, subject to a peppercorn rent. See legal pack for further details.
*GUIDE PRICE £23,000 - £25,000 (plus fees)
LOTLOTLO T 430 9, 11, 13 & 15 DINGLE ROAD, BROWNHILLS, WALSALL, WS8 7ED
FOUR FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Four ground rent investments secured on maisonettes.
LOCATION: Dingle Road runs between Church Street and Rose Drive.
LEASE DETAILS: All of the Leases are 99 years from 24th June 1972, subject to a ground rent of £20 pa.
See legal pack for further details.
*GUIDE PRICE £31,000 - £33,000 (plus fees)
LOTLOTLO T 440 30-32A ROSE DRIVE, BROWNHILLS, WALSALL, WS8 7EE
FOUR FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Four ground rent investments secured on maisonettes.
LOCATION: Rose Drive runs off Dingle Road, which in turn runs off Church Street.
LEASE DETAILS: No. 30: 99 years from 24th June 1972, subject to ground rent of £20 pa. No. 30a: 99 years from 19th December 2016, subject to a ground rent of £75 pa, escalating. No. 32: 99 years from 30th November 2007, subject to a ground rent of £50 pa, escalating. No. 32a: 99 years from 5th March 2013, subject to a ground rent of £50 pa, escalating. See legal pack for further Lease details. *GUIDE PRICE £17,000 - £19,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 55 and auction fees LOTLO T45 34-36A ROSE DRIVE, BROWNHILLS, WALSALL, WS8 7EE
FOUR FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Four ground rent investments secured on maisonettes.
LOCATION: Rose Drive runs off Dingle Road, which in turn runs off Church Street.
LEASE DETAILS: Nos. 34, 36 & 36a: 99 years from 24th June 1972, subject to a ground rent of £20 pa. No. 34a: 189 years from 24th June 1972, subject to peppercorn rent. See legal pack for further Lease details.
*GUIDE PRICE £22,000 - £24,000 (plus fees)
LOTLOT 46 44 PARK ROAD, NETHERTON, DUDLEY, DY2 9BY
A VACANT FREEHOLD END TERRACED PROPERTY
PROPERTY DESCRIPTION: An end terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Two Reception Rooms, Kitchen, Bathroom/WC. First Floor: Landing, Three Bedrooms. Outside: Front & Rear Gardens.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units, however it is in need of refurbishment works throughout.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £30,000 (plus fees)
If you can’t make the auction room, you can bid on the telephone, by proxy or online. See the form at the back of this catalogue.
56 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 470 23 THE DOWRIES, RUBERY, BIRMINGHAM, B45 9RY
A VACANT FREEHOLD END TERRACED PROPERTY
PROPERTY DESCRIPTION: An end terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Through Reception Room/Dining Room, Kitchen, Rear Lobby. First Floor: Landing, Three Bedrooms, Bathroom, WC. Outside: Gardens.
The property is in need of refurbishment works throughout.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: The property is in close proximity to Rubery Village and the recently opened Longbridge Shopping Complex.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £25,000 (plus fees)
LOTLOTLOT 480 60 CARTBRIDGE WALK, WALSALL, WS3 1TL
A MID TERRACED RESIDENTIAL INVESTMENT PROPERTY CURRENT GROSS INCOME: £5,700 PA
PROPERTY DESCRIPTION: A mid terraced town house which stands back behind a foregarden approached via a pedestrian access off Cartbridge Crescent.
ACCOMMODATION: Ground Floor: Porch, Hall, Reception Room, Dining Kitchen. First Floor: Landing, Two Bedrooms, Bathroom/WC. Outside: Gardens. The property benefits from having partial UPVC double glazed units.
ENERGY EFFICIENCY RATING: C
TENURE: We understand that the property is Freehold and is being sold subject to the existing tenancy.
TENANCY DETAILS: We understand the property is let on an Assured Shorthold Tenancy at a rental figure of £475 per calendar month exclusive - £5,700 per annum.
VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE £29,000 - £34,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 57 and auction fees LOTLOT 49 68-69 HIGH STREET, GRANTHAM, NG31 6NR
A PROMINENT, ATTRACTIVE AND WELL LET (PLC COVENANT) TOWN CENTRE OFFICE/ RETAIL INVESTMENT PROPERTY EXTENDING OVER FOUR FLOORS. CURRENT RENT: £42,000 PA. PROPERTY DESCRIPTION: The property comprises a spacious and attractive four storey town centre Head Office building of great character and well presented throughout.It is occupied by Newton Fallowell (wholely owned by Belvoir Plc) and operates as an Estate Agency and associated offices. The property extends to approximately 4,435 sq.ft. (412 sq.m.).
ENERGY EFFICIENCY RATING: See legal pack.
LOCATION: The property occupies a prominent frontage to High Street having a return frontage to Butchers Row in the heart of Grantham Town Centre. Grantham is a popular market town located just off the A1 and is an easy commute to Lincoln, approximately 23 miles to the north and Nottingham approximately 22 miles to the west. The town benefits from a high speed rail service to Kings Cross London just over an hour away and has been recognised as one of the best commuter towns in the Country and one of the best towns to live in Britain. Grantham has an expanding and developing town centre, with many VALUE ADDED TAX: thriving shops and shopping centres including The George and Isaac Newton shopping centres. All interested parties should refer to the Legal Pack. VIEWINGS: TENURE: Strictly by appointment with the Auctioneers. We understand that the property is Freehold, subject to a full repairing and insuring Lease for a term of 10 years with effect from 21st July 2014, at a current rent of £42,000 per annum. There is a provision for a rent review on the 1st June 2019. The original Lease to Newton & Derry Ltd has been assigned to Newton Fallowell Ltd, who are wholely owned by Belvoir Plc. Further details and a copy of the Lease will be available for inspection within the legal pack.
*GUIDE PRICE £450,000 (plus fees)
58 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees Page 59.qxp_Bigwood 28/09/2017 16:44 Page 1
WE HAVE MOVED! Our new office address is:
155 Great Charles Street Birmingham B3 3LP
www.sdlauctions.co.uk LOTLOT 50 THE FORMER BRIDGE TRADING CENTRE, HIGH STREET, WORDSLEY, STOURBRIDGE, DY8 5SD
A FREEHOLD RESIDENTIAL DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION FOR THE CHANGE OF USE OF THE FORMER TRADING CENTRE TO 9 NO. APARTMENTS (8 NO. TWO BEDROOM AND 1 NO. ONE BEDROOM APARTMENTS) TOGETHER WITH ASSOCIATED CAR PARKING
PROPERTY DESCRIPTION: The premises, which are situated in the Stourbridge Sixteen Locks Conservation Area and comprise a range of primarily two storey buildings, are understood to have originally formed part of the Wordsley Flint Glassworks. They have more latterly been used as a business centre and have the benefit of planning permission for a change of use to convert the existing buildings into 9 No. apartments together with associated car parking.
ENERGY EFFICIENCY RATING: E
LOCATION: The property is located on High Street, Wordsley (A491), about 1.5 miles to the north of Stourbridge town centre, in close proximity to the historic Red House Glass Cone and also to the Mill at Stuart Works which has recently been converted residential use. Other Centres such as Wolverhampton and Dudley are about 9 and 5 miles respectively whilst facilities such as Merry Hill Shopping Centre is about 2.5 miles and Russells Hall Hospital is about 3 miles. TENURE: We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack. SERVICES: Mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose. PLANS & AERIAL PHOTOGRAPHS: Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.
60 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees TOWN PLANNING: The property is situated in Wordsley and any planning enquiries should be directed to Local Planning Authority, Dudley Metropolitan Borough Council. We understand that Planning Permission ref P16/1682 for ‘Change of use from offices (B1) to residential (C3) with elevational changes to include demolition of existing extension and changes to windows, doors and external steps and railing’ was granted by Dudley Metropolitan Borough Council on 21st June 2017 subject to conditions. Interested parties must make their own enquiries of the Local Planning Authority (Dudley Metropolitan Borough Council) in respect of planning and independently satisfy themselves as to the suitability of the site for any development or use they propose. VALUE ADDED TAX: We are informed that VAT will not be chargeable on the purchase price, but for confirmation in this regard please refer to the Legal Pack. VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £450,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 61 and auction fees LOTLOT 51 51 KINGS ROAD, KINGS HEATH, BIRMINGHAM, B14 6TU
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Two Reception Rooms, Kitchen. First Floor: Landing, Two Bedrooms, Bathroom/WC. Outside: Gardens.
The property benefits from double glazing, however is in need of improvement works throughout.
ENERGY EFFICIENCY RATING: G.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £60,000 (plus fees)
LOTLOT 52 6 CYGNET ROAD, WEST BROMWICH, B70 9RH
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Reception Room, Kitchen, Lobby, Shower Room/ WC. First Floor: Landing, Three Bedrooms. Outside: Gardens.
The majority of the windows are double glazed units, however the property is in of certain improvement works.
ENERGY EFFICIENCY RATING: G
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE £39,000 - £44,000 (plus fees)
62 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 530 1 WEST ROAD, HALESOWEN, B63 2US
A VACANT FREEHOLD END TERRACED PROPERTY
PROPERTY DESCRIPTION: An end terraced property, standing back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Vestibule, Hall, Two Reception Rooms, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Gardens and Driveway Parking. The property is in need of modernisation works throughout.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £30,000 (plus fees)
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*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 63 and auction fees LOTLOT 54 FORMER NATWEST BANK, 26 HIGH STREET, WARWICK, CV34 4FA
PERIOD FREEHOLD FORMER BANK PREMISES SITUATED IN THE HEART OF WARWICK TOWN CENTRE. THE PROPERTY PROVIDES ALTERNATIVE USE POTENTIAL SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS. PROPERTY DESCRIPTION: The property comprises a period style end of terrace building of brick and masonry construction situated over basement, ground and mezzanine levels, all surmounted by a part pitched and part flat tiled roof. The property provides strong room and storage to the basement, former banking hall to the ground floor, and ancillary office / staff accommodation to the first floor mezzanine. Externally, the property provides secure off road tarmacadam parking for approximately 4/5 cars accessible via Swan Street.
ENERGY EFFICIENCY RATING: E LOCATION: The property occupies a prominent corner position, at the junction of High Street and Swan Street, within Warwick town centre. Within the immediate vicinity, there is a mixture of residential, retail, office and leisure property. Occupiers in close proximity include Ask Italian Restaurant, Connells Estate Agents, Subway, Lloyds Bank, Holland & Barrett and Coffee#1.
TENURE: We understand that the property is held freehold.
TENANCY DETAILS: There is an ATM machine at the property which will be let to Natwest Plc for a term of 5 years, with effect from the date of completion. The ATM will be let at £4,000 p.a. following a 3 month rent-free period. Full lease details are available within the legal pack.
ACCOMMODATION: The property extends to approximately 1,972 sq.ft. (183.20 sq.m.). All interested parties must seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.
64 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees VALUE ADDED TAX: We understand that VAT will not be chargeable on this transaction. All interested parties are advised to refer to the Special Conditions of Sale within the legal pack for their own verification.
VIEWINGS: See viewing schedule.
IN PARTNERSHIP WITH:
*GUIDE PRICE in excess of £250,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 65 and auction fees LOTLOT 55 27 MERRIDALE GARDENS, WOLVERHAMPTON, WV3 0UU
A FREEHOLD MID TERRACED PROPERTY PROPERTY DESCRIPTION: A three bedroomed mid terraced property set back from the road behind a foregarden with footpath approach.
ACCOMMODATION: Ground Floor: Entrance Porch, Hall, Front Reception Room, Rear Reception Room with Large Bay Window, Kitchen. First Floor: Landing, Three Bedrooms and Bathroom. Outside: Front and Rear Gardens with Rear Vehicular access to Timber Garage. The property has the benefit of partial UPVC double glazing, however is in need of modernisation and refurbishment throughout.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £68,000 (plus fees)
ADDITIONAL COSTS
Any additional costs, which are payable in addition to the purchase price that have not been mentioned in this catalogue, will be included within the Special Conditions that are attached to the Contract. Therefore, all prospective purchasers are strongly advised to inspect the legal packs for every lot that they may wish to bid on, in order to be made fully aware of any additional costs, if applicable.
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66 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 560 4 FOREST ROAD, MOSELEY, BIRMINGHAM, B13 9DL
A VACANT FREEHOLD DOUBLE FRONTED DETACHED PROPERTY, WHICH MAY BE SUITABLE FOR REDEVELOPMENT, SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS.
PROPERTY DESCRIPTION: A double fronted detached property, standing back from the road behind a driveway, which has previously been used as a care home facility. ACCOMMODATION: Ground Floor: Entrance Hall with Understairs Cupboard, Four Reception Rooms (one with Shower Room/WC off), Kitchen, Utility Room, Inner Hall, Storage Room, WC. First Floor: Landing with Boiler Cupboard off, Six Bedrooms (one with En-Suite Shower Room/WC, Bathroom/WC, Wet Room/WC. Outside: Driveway, Gardens and Brick Built Outhouse to rear.
The property benefits from having a gas fired central heating system, emergency lighting, fire alarms, fire doors and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £460,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 67 and auction fees LOTLOT 57 10 WOOD ROAD, TETTENHALL, WOLVERHAMPTON, WV6 8LS
A FREEHOLD THREE BEDROOMED DETACHED PROPERTY
PROPERTY DESCRIPTION: A Freehold three bedroomed detached property in need of modernisation and refurbishment situated in a much sort after area of Wolverhampton. The property is set back from the road behind a foregarden with driveway approach.
ACCOMMODATION: Ground Floor: Entrance Porch, Dining Hall with Cloak Room and WC, Living Room, Breakfast Kitchen with fitted units, Rear Lobby/Boiler Room. First Floor: Landing, Master Bedroom with Ensuite Bathroom, Two further Bedrooms and Family Bathroom. Outside: Front and Side Gardens with Courtyard to the rear, a large side Garage with folding doors, Store Room and Utility Room. The property has the benefit of gas fired central heating but is in need of further modernisation and refurbishment.
ENERGY EFFICIENCY RATING: G
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £125,000 (plus fees)
LEGAL PACKS
It is the buyers responsibility to read the Legal Pack before bidding. These are available to download on our website as soon as they arrive from the Solicitor. If they aren’t available when you register you will be notified by email as soon as they are updated. They are also available to read in the auction room.
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68 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees EMAIL ALERTS
For those who are not already on our email alert system, please send an email to [email protected] for updates on properties, catalogues, auction results and more!
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NO LONGER ACCEPTING All deposits must be paid by:- Bank/Building CHEQUES Society Draft As an extra safeguard to our vendors we NO longer accept any cheques. Debit Card To benefit all purchasers there will be no card charges for payments made by debit Credit Card card. A charge of 3.5% will still apply for credit card payments.
All Birmingham City Council lots must still be paid by Bankers Draft, the property cannot be sold to you if you do not have this with you at the auction.
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*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 69 and auction fees LOTLOT 58 LAND R/O 165-179 BALDWINS LANE, HALL GREEN, BIRMINGHAM, B28 0PY
14 NO. LOCKUP GARAGES SITUATED ON A FREEHOLD SITE EXTENDING TO ABOUT 0.25 ACRES (0.1 HECTARES) OR THEREABOUTS WHICH MAY HAVE POTENTIAL FOR ALTERNATIVE USES OR REDEVELOPMENT SUBJECT TO OBTAINING ANY NECESSARY PLANNING PERMISSION.
PROPERTY DESCRIPTION: The site comprises an irregular shaped parcel of land accessed from Baldwins Lane upon which are currently situated a 14 No. lockup garages. The site is understood to have a gross area extending about 0.25 acres (0.1 hectares) and may have potential for alternative uses or redevelopment subject to obtaining any necessary planning permission and any other necessary consents. LOCATION: The property, which is located Hall Green, is situated in a predominantly residential locality and adjacent to Chilcote Primary School. It is accessed off Baldwins Lane by a driveway between No. 179 and 181 Baldwins Lane. Other centres such as Birmingham City Centre, Solihull and Kings Heath are about 5, 3 and 3 miles respectively and Junction 4 of the M42 Motorway is about 4 miles distant. TENURE: We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack. TOWN PLANNING: The property is situated in Hall Green and any planning enquiries should be directed to Local Planning Authority, Birmingham City Council. The property currently comprises 14 No. lockup garages and may have potential for alternative uses or redevelopment subject to obtaining any necessary planning permission. Interested parties must make their own enquiries of the Local Planning Authority in respect of planning and independently satisfy themselves as to the suitability of the site for any use or development they may propose.
70 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not. In particular it is noted that certain rights of way are understood to exist in respect of access over part of the site benefiting certain adjoining properties and the property is sold subject to any such rights etc that exist. SERVICES: Mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose. PLANS & AERIAL PHOTOGRAPHS: Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed. VALUE ADDED TAX: We are informed that VAT will not be chargeable on the purchase price, but for confirmation in this regard please refer to the Legal Pack. VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE £60,000 - £80,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 71 and auction fees 165-171 KINGSBURY ROAD &, 14 & 16 THE BRIARS, STREETLY ROAD (B23 5JW), LOTLOT 59 ERDINGTON, BIRMINGHAM, B24 8QX SIX FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Six ground rent investments secured on maisonettes in two separate locations.
LOCATION: The maisonettes on Kingsbury Road are situated between the junctions of Wood End Lane and Anton Croft. The Briars is a cul-de- sac, situated off Streetly Road.
LEASE DETAILS: No. 165: 99 years from 25th March 1985, subject to a ground rent of £35 pa, escalating. Nos. 167, 169 & 171: 189 years from 25th March 1985, subject to a peppercorn ground rent. Nos. 14 & 16 The Briars: 999 years from 24th June 1984, subject to a ground rent of £15 pa. See legal pack for further Lease details.
*GUIDE PRICE in excess of £3,500 (plus fees)
LOTLOT 60 58-64 & 90-96 TOWNLEY GARDENS, BIRCHFIELD, BIRMINGHAM, B6 6LR
EIGHT FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Eight ground rent investments in two blocks of four, secured on maisonettes
LOCATION: Townley Gardens is a cul-de-sac, which runs off Trinity Road close to the junction of Fentham Road.
LEASE DETAILS: No. 58, 60, 62, 64, 92 & 94: 99 years from 25th March 1966, subject to a ground rent of £49 pa. No. 90 & 96: 146 years from 16th January 2009, subject to a peppercorn rent. See legal pack for further Lease details.
AUCTIONEERS NOTE: We understand that ground rent has never been collected for the garages.
*GUIDE PRICE £33,000 - £35,000 (plus fees)
72 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 610 1-11 MACMILLAN CLOSE, TIVIDALE, B69 3JT
SIX FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Six ground rent investments in one block of four and one block of two, secured on maisonettes.
LOCATION: MacMillan Close is a cul-de-sac that runs off Hamilton Drive, which in turn runs off the main Tipton Road (457).
LEASE DETAILS: No. 1: 99 years from 10th October 2011, subject to a ground rent of £45 pa, escalating. No. 3: 99 years from 5th August 2011, subject to a ground rent of £45 pa, escalating. No. 5: 99 years from 25th March 1974, subject to ground rent of £45 pa, escalating. No. 7: 99 years from 25th March 1974, subject to ground rent of £45 pa. Nos. 9 & 11: 99 years from 1st April 2016, subject to a ground rent of £75 pa, escalating. See legal pack for further Lease details.
*GUIDE PRICE £18,000 - £20,000 (plus fees)
Entries are now invited for our next Birmingham auction Thursday 14th December 2017
Please call 0121 233 5046 for a FREE valuation
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 73 and auction fees Page 74.qxp_Bigwood 28/09/2017 16:46 Page 1
Common sense lending, uncommonly quick.
Our common sense approach to short-term lending means we look at every application on its own merits; considering all income types and even the most unusual purchases. So when you need a quick decision, we’re on your side; on the phone, online or even right there with you in the auction room. For a common sense decision, delivered quickly, call 0161 933 7071.
WRJHWKHUPRQH\FRPDXFWLRQÀQDQFH Any property used as security, including your home, may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. LOTLO T62 45-51 TEMPLE WAY, OLDBURY, B69 3JR
FOUR FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Four ground rent investments secured on maisonettes.
LOCATION: Temple Way runs off Johns Lane, which in turn runs off the main Tipton Road (A457).
LEASE DETAILS: All the ground rents are for 99 years from 25th March 1974, subject to a ground rent of £45 pa, escalating.
See legal pack for further Lease details.
*GUIDE PRICE £27,000 - £29,000 (plus fees)
LOTLO T63 53-59 TEMPLE WAY, OLDBURY, B69 3JR
FOUR FREEHOLD GROUND RENTS SECURED ON PRIVATE DWELLINGS
PROPERTY DESCRIPTION: Four ground rent investments secured on maisonettes.
LOCATION: Temple Way runs off Johns Lane, which in turn runs off the main Tipton Road (A457).
LEASE DETAILS: Nos. 53, 55 & 59: 99 years from 25th March 1974, subject to a ground rent of £45 pa, escalating. No. 57: 99 years from 20th June 2014, subject to a ground rent of £75 pa, escalating.
See legal pack for further Lease details.
*GUIDE PRICE £22,000 - £24,000 (plus fees)
If you can’t make the auction room, you can bid on the telephone, by proxy or online. See the form at the back of this catalogue.
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 75 and auction fees LOTLOT 64 FORMER NATWEST BANK, 519 & 521 FOLESHILL ROAD, COVENTRY, CV6 5AU
PROMINENT FREEHOLD FORMER BANK PREMISES SITUATED ON BUSY THOROUGHFARE IN AN ESTABLISHED RETAIL LOCATION. THE PROPERTY PROVIDES ALTERNATIVE USE POTENTIAL SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS.
PROPERTY DESCRIPTION: The property comprises a mid-terrace part-two storey, part-single storey property of brick construction, arranged over ground and first floor, surmounted by a flat roof. The property has been extended to the rear by way of a single storey brickwork extension. The property provides former banking hall, several cellular interview rooms / office accommodation, storage and strong room to the ground floor, with former staff room and male and female WC’s to the first floor. Externally there is parking for circa 5 cars within the freehold boundary, situated to the rear, accessible via Park Street. The vendor are currently holding over on 2 leases in respect of land to the rear of 515 and 517 Foleshill Road, paying £575 p.a. and £1,200 p.a. respectively. The vendor has historically utilised this land for additional parking. Full details are available within the legal pack.
ENERGY EFFICIENCY RATING: D
LOCATION: The property occupies a prominent position along Foleshill Road, a busy thoroughfare, and an established retail location. It links the A444 to the north with the A4053 Coventry ring road to the south. The property lies approximately 1 mile north east of Coventry City Centre, and benefits from on-street car parking immediately to the front exterior.
TENURE: We understand that the property is held freehold.
ACCOMMODATION: The property extends to approximately 2,484 sq.ft. (230.79 sq.m.). All interested parties must seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.
VALUE ADDED TAX: We understand that VAT will not be chargeable on this transaction. All interested parties are advised to refer to the Special Conditions of Sale within the legal pack for their own verification.
76 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees VIEWINGS: See viewing schedule. AUCTIONEERS NOTE: The vendor is seeking landlord consent to assign their leasehold interests in the land to the rear of 515 & 517 Foleshill Road. Please see the legal pack for further information. IN PARTNERSHIP WITH:
*GUIDE PRICE in excess of £225,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 77 and auction fees LOTLOT 65 LAND OFF WOLSELEY BANK, WOLVERHAMPTON, WV10 9QS
A FREEHOLD PARCEL OF LAND EXTENDING TO AN AREA OF ABOUT 0.3 ACRES (0.12 HECTARES) GROSS WHICH MAY HAVE POTENTIAL FOR FUTURE DEVELOPMENT SUBJECT TO OBTAINING ANY NECESSARY PLANNING PERMISSION OR OTHER CONSENTS. PROPERTY DESCRIPTION: The site which is accessed off Wolseley Bank, a private roadway off Park Lane accessed via Park Gate, comprises an irregular shaped parcel of land in a primarily residential locality with certain of the trees on or adjacent to this land being subject to Tree Preservation Orders. LOCATION: The property in situated off Wolseley Bank in the Fallings Park district of Wolverhampton, approximately 2.5 miles to the north east of Wolverhampton City Centre. The locality has various schools and community facilities and is convenient for access to the national motorway network which can be accessed via Junction 1 of the M54 Motorway which is about 3 miles away. Other centres such as Telford, Stafford and Walsall are about 18, 16 and 7 miles respectively whilst intercity rail services are available from Wolverhampton Railway Station.
TENURE: We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.
SERVICES: Mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any services for their particular requirements.
GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.
78 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees PLANS & AERIAL PHOTOGRAPHS: Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not. We would in particular note that the land is subject certain rights of way over part of the site and subject to a covenant restricting any future development to 1 No. dwelling unless negotiations can result in this being amended. For further information in this regard please refer to the legal pack. TOWN PLANNING: The property is situated in Fallings Park and any planning enquiries should be directed to Local Planning Authority, Wolverhampton City Council. The parcel of land may have potential for development subject to obtaining any necessary planning permission or any other necessary consents but interested parties must make their own enquiries of the Local Planning Authority (Wolverhampton City Council) in respect of planning and independently satisfy themselves as to the suitability of the site for any development or use they propose.
VALUE ADDED TAX: We are informed that VAT will not be chargeable on the purchase price, but for clarification in this regard please refer to the legal pack.
VIEWINGS: External viewings only.
*GUIDE PRICE £40,000 - £50,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 79 and auction fees 26 BROMFORD CLOSE, 152 CHURCH LANE, HANDSWORTH, BIRMINGHAM, B20 LOTLOT 66 2RS A VACANT LEASEHOLD FIRST FLOOR FLAT PROPERTY DESCRIPTION: A first floor purpose built studio flat, standing in communal grounds.
ACCOMMODATION: Ground Floor: Communal Entrance and Hallway with Stairs leading to:- First Floor: Communal Landing Flat 26 - Hall with Store, Studio Reception/Bedroom Area, Kitchen, Bathroom/WC. Outside: Communal Grounds.
The majority of the windows are UPVC double glazed units, however is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Leasehold (see legal pack for Lease details) and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE £15,000 - £19,000 (plus fees)
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For those who are not already on our email alert system, please send an email to [email protected] for updates on properties, catalogues, auction results and more!
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80 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 670 120 LICHFIELD ROAD, FOUR OAKS, SUTTON COLDFIELD, B74 2TA
A VACANT FREEHOLD DETACHED DORMER BUNGALOW, WHICH MAY BE SUITABLE FOR REDEVELOPMENT, SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS
PROPERTY DESCRIPTION: A detached dormer bungalow, standing back from the road behind a large driveway, which has previously been used as a care facility. LOCATION: The property is situated in close proximity to Sutton Coldfield Town Centre and Sutton Park. ACCOMMODATION: Ground Floor: Entrance Hall, Inner Hall with Understairs Cupboard, Two Reception Rooms, Three Rooms (previously used as Bedrooms, one benefitting from En-Suite Bathroom/WC), Office/Study, Store Room, Kitchen, Laundry Room/Utility, Wet Room/WC, Bathroom/WC. First Floor: Landing with Store, Three Bedrooms, Bathroom/WC. Outside: Large Driveway and Gardens. The property benefits from having gas fired central heating, fire doors, smoke alarms, emeregency lighting and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £410,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 81 and auction fees LOTLOT 68 15 DEAKIN ROAD, ERDINGTON, B24 9AD
A FREEHOLD DETACHED BUNGALOW WITH LARGE REAR GARDEN
PROPERTY DESCRIPTION: A detached two bedroomed bungalow set back from the road behind a foregarden with driveway approach and large garden to the rear which may in the future hold potential for redevelopment.
ACCOMMODATION: Ground Floor: Entrance Porch, Hall, Living Room, Side Lobby, Kitchen, Two Bedrooms, Bathroom and separate WC. Outside: Front garden with driveway approach, off road parking and a rear garden which may have development potential in the future.
The property has the benefit of gas fired central heating but is in need of modernisation and refurbishment throughout.
ENERGY EFFICIENCY RATING: See Legal Pack.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE £140,000 (plus fees)
NO LONGER ACCEPTING All deposits must be paid by:- Bank/Building CHEQUES Society Draft As an extra safeguard to our vendors we NO longer accept any cheques. Debit Card To benefit all purchasers there will be no card charges for payments made by debit Credit Card card. A charge of 3.5% will still apply for credit card payments.
All Birmingham City Council lots must still be paid by Bankers Draft, the property cannot be sold to you if you do not have this with you at the auction.
www.sdlauctions.co.uk
82 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees ASK THE PROFESSIONALS: BUYING & SELLING PROPERTY AT AUCTION
Come and join us for a Q&A event with our auction experts Thursday 12th October - 1.00pm at the AJ Bell Stadium, Manchester Speak directly to the auction experts and find out their tips for buying & selling at auction
Rory Daly Andy Thompson Scott Hendry Host & Panellist Panellist Panellist CEO of SDL Auctions Residential Valuer at Auction Finance Director SDL Auctions at Together
Email us your questions ahead of the event to [email protected] or visit us on Facebook www.sdlauctions.co.uk/q-a
in partnership with LOTLOT 69 48-48A BELVOIR ROAD, COALVILLE, LEICESTERSHIRE, LE67 3PP
ON BEHALF OF THE JOINT LPA RECEIVERS A PROMINENT FREEHOLD MIXED USE PROPERTY COMPRISING A RETAIL UNIT, FIRST FLOOR SELF-CONTAINED FLAT AND BUSINESS/RETAIL UNIT
PROPERTY DESCRIPTION: The property comprises a prominent part single and part two storey corner building currently configured to provide a retail unit, recently used as a Beauty Salon having a porch entrance, main retail area, three former treatment rooms, rear lobby with stores, kitchen and WC off. It is considered that the sales area could be extended with the reconfiguration and incorporating the former treatment rooms. On the first floor there is a self-contained flat with access from Vaughan Street comprising entrance lobby, stairs to landing, bathroom, kitchen/diner, three rooms, balcony. To the rear and fronting Vaughan Street is a single storey business unit considered suitable for office or retail type uses subject to any necessary Planning Permission. ACCOMMODATION:
All interested parties are advised to seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.
84 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees ENERGY EFFICIENCY RATING: E LOCATION: The property is prominently situated fronting Belvoir Road at its junction with Vaughan Street within close proximity of Coalville town centre. Situated approximately 8.5 miles south west of Loughborough and 12.5 miles north west of Leicester. The main arterial route into the town is the A511 Ashby Road which provides direct access to junction 22 of the M1 motorway to the south east. The property is situated on Belvoir Road which, along with High Street and the Belvoir Shopping Centre form the principle retail and commercial provision within the town.
TENURE: All interested parties should refer to the Legal Pack. The Receivers act as agents without personal liability and are unable to provide any warranties or title guarantee.
VALUE ADDED TAX: Please refer to the Legal Pack.
VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE £125,000 (plus fees)
ADDITIONAL COSTS
Any additional costs, which are payable in addition to the purchase price that have not been mentioned in this catalogue, will be included within the Special Conditions that are attached to the Contract. Therefore, all prospective purchasers are strongly advised to inspect the legal packs for every lot that they may wish to bid on, in order to be made fully aware of any additional costs, if applicable.
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 85 and auction fees LOTLOT 70 21 OVERTON GROVE, ACOCKS GREEN, BIRMINGHAM, B27 7LP
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property, set in a cul-de-sac, standing back from the road behind a foregaden.
ACCOMMODATION: Ground Floor: Porch, Hall, Reception Room, Kitchen, Rear Lobby, Bathroom/WC. First Floor: Landing, Three Bedrooms. Outside: Gardens.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession can be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £69,000 (plus fees)
LOTLOT 71 182 SLADE ROAD, ERDINGTON, B26 7RJ
A FREEHOLD TAKEAWAY/RESTAURANT PREMISES WITH SELF-CONTAINED FLAT
PROPERTY DESCRIPTION: A mid terraced shop premises currently a hot food takeaway/ restaurant in a prominent position with self-contained flat over.
ACCOMMODATION: Ground Floor: Roller Shutter to Takeaway and Restaurant for approximately 16 covers, Serving Counter/Chiller, Kitchen Equipment, Grill/Barbecue, Two Kebab Machines, Steamer and Kitchen/ Preparation Room, Storage Area and WC. First Floor: Rear access to the First Floor Flat:- Landing, Kitchen, Shower Room and WC, Lounge. Second Floor: Bedroom. Outside: Rear Garden with Rear Access. The flat has the benefit of partial double glazing.
ENERGY EFFICIENCY RATING: See Legal Pack.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £150,000 (plus fees)
86 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 720 LA FAVORITA RESTAURANT, 72 ALFRED STREET, SPARKHILL, BIRMINGHAM, B12 8JP
A RARE OPPORTUNITY TO ACQUIRE AN ASIAN ITALIAN FUSION FREEHOLD RESTAURANT, COMPLETE WITH ALL EQUIPMENT
PROPERTY DESCRIPTION: A modern two storey restaurant with over 200 covers, kitchen facilities with equipment and two serveries, set back from the road behind a short forecourt. ACCOMMODATION: Ground Floor: Entrance Porch, Restaurant with approximately 100 covers, Servery, Male, Female and Disabled WCs, Kitchens with preparation area, Asian and Italian cooking areas including Four 6 burner cookers, Hot Top Cooker, Two Twinwell Fryers, a Tandoor, Two Chillers and Two Walk-in Freezers. Patisserie Area with 4 Deck Oven and Stone Bake Pizza Oven. Side Access with Staff WC, Chemical Cupboard/Laundry and Security Office. First Floor: Stairs from the Ground Floor lead to a Further Restaurant, which has recently been refurbished with approximately 110 covers over tables and 9 Booths, Dumb Waiter, Office, Male & Female WCs, Rear Staircase and Store. The restaurant has the benefit of gas fired underfloor heating and 3 phase air conditioning.
ENERGY EFFICIENCY RATING: B
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £575,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 87 and auction fees LOTLOT 73 40 ASHMORE LAKE ROAD, WILLENHALL, WV12 4LB
AN EXTENDED VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: An extended semi detached property standing back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Porch, Hall, Through Reception Room/Dining Room, Reception Room (Bedroom Four), Dining Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Gardens and Driveway Parking. The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £99,000 (plus fees)
LOTLOT 74 INDIA GATES RESTAURANT 6-8 MOUNT PLEASANT, BILSTON, WV14 7LJ
A FREEHOLD INDIAN RESTAURANT AND FUNCTION ROOM PROPERTY DESCRIPTION: A Freehold Indian Restaurant and function room set back from the road behind a gated forecourt towards the town centre with some free parking to the rear. ACCOMMODATION: Ground Floor: Entrance Hall with access to Stairs, Waiting Area, Bar, Secondary Bar, Restaurant for some 80 Covers, Male, Female & Disabled WC's, Store, Kitchen with preparation tables, sinks, gas cooker, tandoor, twin fryers, chiller, Rear Lobby and Fire Escape. First Floor: Front Stairs to Landing with access to flat, Function Room for some 200 covers, Bar, Store Room, Male, Female & Disabled WC's and Disabled Lift. Second Floor: Owners Aparment with Landing, Lounge, Kitchen, Four Bedrooms and Bathroom. Outside: Gated Forecourt. The property has the benefit of air conditioning. ENERGY EFFICIENCY RATING: D TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £450,000 (plus fees)
88 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 750 120 KING WILLIAM TERRACE, STOKE ON TRENT, ST6 6EJ
A FREEHOLD END TERRACED RESIDENTIAL INVESTMENT PROPERTY CURRENT GROSS INCOME: £4,740 PA.
PROPERTY DESCRIPTION: An end terraced property, standing flush to the pavement.
ACCOMMODATION: Ground Floor: Hall, Three Reception Rooms, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Yard.
ENERGY EFFICIENCY RATING: F
TENURE: We understand that the property is Freehold and is being sold subject to the existing tenancy.
TENANCY DETAILS: The property is let on an Assured Shorthold Tenancy, at a rental figure of £395 per calendar month - £4,740 per annum.
AUCTIONEERS NOTE: At the time of going to print, the Auctioneers were unable to inspect VIEWINGS: the property internally and therefore the accommodation should not Strictly by arrangement with the Auctioneers. be relied upon.
*GUIDE PRICE in excess of £45,000 (plus fees)
Entries are now invited for our next Birmingham auction Thursday 14th December 2017
Please call 0121 233 5046 for a FREE valuation
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 89 and auction fees LOTLOT 76 39-40 UNION STREET, WEDNESBURY, WS10 7HB
A FREEHOLD COMMERCIAL TOWN CENTRE PROPERTY OF THREE RETAIL UNITS WITH TWO FLATS ABOVE
PROPERTY DESCRIPTION: A Freehold semi detached town centre flush fronted property sitting adjacent to a popular open market with yard and public car park to the rear. ACCOMMODATION: Ground Floor: A triple shop unit in first fix condition which is capable of division into three separate units, WC, cupboard, a further store and WC, all units have doors and display window with roller shutters. First Floor: Separate rear access with stairs to the first floor, landing. Flat 1:- Hall, Lounge/Kitchen, Two Bedrooms, Bathroom. Flat 2:- Hall, Lounge/Kitchen, Two Bedrooms, Bathroom, second WC, access to roof space. Outside: Rear Yard with vehicular access from the public car park to the rear. Both flats have the benefit of gas fired central heating and UPVC double glazing.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. VIEWING: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £175,000 (plus fees)
90 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 770 LAND ADJACENT 130 ICKNIELD PORT ROAD, EDGBASTON, BIRMINGHAM, B16 0BJ
A FREEHOLD DEVELOPMENT SITE WITH OUTLINE PLANNING FOR THE ERECTION OF EIGHT APARTMENTS
PROPERTY DESCRIPTION: A rectangular parcel of land which is suitable for the residential redevelopment of eight residential apartments or may be suitable for a number of alternative uses subject to obtaining the necessary planning consents. SITE AREA: The site extends to some 502 sq.m. or thereabouts. PLANNING: The land benefits from outline planning permission for the erection of eight residential apartments and associated parking subject to conditions granted on the 12th April 2017 By Birmingham City Council under application 2017/01701/PA. SERVICES: Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose. PLANS: Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £195,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 91 and auction fees LOTLOT 78 MAY DAY HOUSE, 7 LOWER HILLMORTON ROAD, RUGBY, CV21 3ST
A SUBSTANTIAL VACANT FREEHOLD END TERRACED PROPERTY
PROPERTY DESCRIPTION: An end terraced property, standing flush to the pavement, which has been previously used as a care facility.
ACCOMMODATION: Ground Floor: Porch, Hall with Understairs Cupboard. Flat 1 - Bedsitting Room, Kitchen, Wet Room/WC. Flat 3 - Bedsitting Room, Kitchenette, Shower Room/WC. Flat 8 - Bedsitting Room, Kitchenette, Shower Room/WC. Office with Kitchen area, Store Room, WC. First Floor: Landing. Flat 2 - Bedsitting Room, Kitchenette, Shower Room/WC. Flat 4 - Bedsitting Room, Kitchenette, Shower Room/WC. Flat 5 - Bedsitting Room, Kitchenette, Shower Room/WC. Flat 6 - Bedsitting Room, Kitchenette, Shower Room/WC. TENURE: Flat 7 - Bedsitting Room, Kitchenette, Shower Room/WC. We understand that the property is Freehold and vacant Outside: Ample Off-Road Parking and Yard to Rear. possession will be given upon completion. The property benefits from having a gas fired central heating system, VIEWINGS: fire doors, smoke alarms, emergency lighting and the majority of the See viewing schedule. windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
*GUIDE PRICE in excess of £250,000 (plus fees)
92 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 790 2A EARL STREET, RUGBY, CV21 3SS
A VACANT FREEHOLD LINKED DETACHED PROPERTY
PROPERTY DESCRIPTION: A linked detached property, standing flush to the pavement, which has previously been used as a care facility.
ACCOMMODATION: Ground Floor: Entrance Hall, Inner Hall with WC off, Room, Office with Kitchenette. First Floor: Landing with Boiler Cupboard, Two Bedrooms, Kitchen, Bathroom/WC. Outside: Car Port offering off-road parking, Rear Garden with Shed.
The property benefits from having a gas fired central heating system, smoke alarm, fire doors, emergency lighting and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £145,000 (plus fees)
LEGAL PACKS
It is the buyers responsibility to read the Legal Pack before bidding. These are available to download on our website as soon as they arrive from the Solicitor. If they aren’t available when you register you will be notified by email as soon as they are updated. They are also available to read in the auction room.
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 93 and auction fees LOTLOT 80 86 SANDFORD ROAD, MOSELEY, BIRMINGHAM, B13 9BT
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a driveway and foregarden. ACCOMMODATION: Ground Floor: Entrance Hall, Three Reception Rooms, Kitchen, Utility/Store Room. First Floor: Landing, Four Bedrooms, Bathroom/WC with Corner Bath, WC. Outside: Gardens, Driveway Parking and Side Garage.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £250,000 (plus fees)
94 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 810 29 FREETH STREET, LADYWOOD, BIRMINGHAM, B16 0QN
A SUBSTANTIAL WORKSHOP/WAREHOUSE PREMISES WITH ANCILLARY OFFICES, CONSIDERED SUITABLE FOR A VARIETY OF ALTERNATIVE USES, SUBJECT TO ANY APPROPRIATE PLANNING PERMISSION.
PROPERTY DESCRIPTION: The property comprises a predominately single storey workshop/warehouse unit, arranged into two main areas with two storey ancillary offices to part of the frontage.The property extends to approximately 10,196 sq.ft. (947 sq.m.) and is currently used for a motor trade use, but is considered suitable for a variety of alternative uses, subject to any appropriate planning permission. ACCOMMODATION: Ground Floor: Workshops - 8901 sq.ft. (826.94 sq.m.) Offices - 737 sq.ft. (68.46 sq.m.) First Floor: Offices - 558 sq.ft. (51.90 sq.m.) Total approx: 10,196 sq.ft. (947.29 sq.m.)
ENERGY EFFICIENCY RATING: See legal pack.
LOCATION: The property is situated to the northern side of Freeth Street, just off the B4126 Icknield Port Road, within the suburb of Ladywood, approximately 2 miles west of Birmingham City Centre. TENURE: The property is being offered on the instructions of the Joint Receiver on behalf of the borrower, without personal liability and no guarantees can be given that vacant possession will be available upon completion. VALUE ADDED TAX: Please refer to the legal pack. VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £85,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 95 and auction fees LOTLOT 82 51 GREAT BRIDGE, TIPTON, DY4 7HE
A FREEHOLD MID TERRACED COMMERCIAL INVESTMENT CURRENT GROSS INCOME: £9,500 PA
PROPERTY DESCRIPTION: A Freehold mid terraced property, currently occupied by a National Pawn Broker Group, set flush to the pavement along the main shopping street of Great Bridge. ACCOMMODATION: Ground Floor: Retail Shop with display window, Secure Office Area, Rear Hall, Kitchen, Store, WC and Rear Fire Exit. First Floor: Landing, Store and Office/Store. Second Floor: Landing with Eaves Storage. Outside: Rear Yard.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and being sold subject to the existing tenancy. TENANCY DETAILS: We understand that the property is let on Lease at an annual rental of £9,500. Full Lease details will be available within the Legal Pack. VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £110,000 (plus fees)
96 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees Page 97.qxp_Bigwood 28/09/2017 17:05 Page 1
LOTLOTLOT 830 11 VICARAGE ROAD, HOCKLEY, BIRMINGHAM B18 5NQ
A VACANT FREEHOLD SIX APARTMENT HMO PROPERTY DESCRIPTION: A Freehold end terraced property set back from the road behind a short foregarden with pathway approach. The property has recently been refurbished to a high standard as a HMO of six letting apartments.
ACCOMMODATION: Ground Floor: Common Entrance Hall, Flat 1:- Lounge/Kitchenette, Bedroom with Ensuite Shower and WC. Flat 2:- Hall, Lounge/Kitchenette, Bedroom, Ensuite Shower and WC. Both of these flats also have stairs leading to Cellar Rooms. First Floor: Landing, Flat 3:- Lounge/Kitchenette, Bedroom with Ensuite Shower and WC. Flat 4:- Lounge/Kitchenette, Bedroom, Ensuite Shower and WC. Second Floor: Landing, Flat 5:- Lounge/Kitchenette, Bedroom, Ensuite Shower and WC. Flat 6:- Entrance Hall, Lounge/Kitchenette, Bedroom, Ensuite Shower and WC. Outside: Front and Rear Gardens with Garden Store/Boiler Room. All flats in the building have UPVC double glazing and gas fired TENURE: central heating. We understand that the property is Freehold and vacant possession will be given upon completion. ENERGY EFFICIENCY RATING: F VIEWINGS: See viewing schedule. *GUIDE PRICE in excess of £350,000 (plus fees)
ADDITIONAL COSTS
Any additional costs, which are payable in addition to the purchase price that have not been mentioned in this catalogue, will be included within the Special Conditions that are attached to the Contract. Therefore, all prospective purchasers are strongly advised to inspect the legal packs for every lot that they may wish to bid on, in order to be made fully aware of any additional costs, if applicable.
www.sdlauctions.co.uk
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 97 and auction fees LOTLOT 84 THE NORTON BAR & GRILL, STATION ROAD, COLESHILL, B46 1JZ
AN ATTRACTIVE FREEHOLD PUB AND RESTAURANT WITH PRIVATE OWNERS LIVING ACCOMMODATION, BEER GARDEN, PATIO AND SURFACED CAR PARK. CONSIDERED SUITABLE FOR ALTERNATIVE USES SUBJECT TO OBTAINING ANY APPROPRIATE PLANNING PERMISSION.
PROPERTY DESCRIPTION: The property comprises an attractive two storey detached pub premises of brick construction and a pitched tiled roof. The property is currently configured to provide a spacious open-plan bar area having timber servery and with a restaurant/dining area at a slightly lower level. There is a large commercial kitchen, prep area, beer cellar, gents, ladies and disabled WC's. On the first floor there is private living accommodation comprising master bedroom, living room, shower room, a further room currently adopted as a kitchen, but not fitted, office area and attic room accessed via a fixed loft type ladder. Outside there is a patio area, beer garden, covered smoking solution, external bar area, and surfaced car park for approximately 10 cars.
ENERGY EFFICIENCY RATING: See Legal Pack.
LOCATION: The property is a situated within a popular and well established commercial environment adjacent to Coleshill Parkway Railway Station and within close proximity to Coleshill town centre, Hams Hall Rail Freight Terminal and excellent access to the Midland motorway network with the M42, M6 and M6 toll road are all within close proximity.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VALUE ADDED TAX: We understand that VAT will be chargeable on this transaction. All interested parties should refer to the special conditions of sale within the Legal Pack for further information.
VIEWINGS: Strictly by arrangement with the Auctioneers.
98 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees *GUIDE PRICE Refer to the Auctioneers (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 99 and auction fees LOTLOT 85 46 FOREST ROAD, OLDBURY, B68 0EE U R A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a blocked paved driveway.
ACCOMMODATION: Ground Floor: Hall, Two Reception Rooms, Kitchen. First Floor: Three Bedrooms, Bathroom/WC with Shower. Outside: Driveway Parking and Rear Garden. The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: Strictly by arrangement with Agents, Metropolitan - Tel: 0121 471 1105.
IN PARTNERSHIP WITH:
*GUIDE PRICE in excess of £124,000 (plus fees)
LOTLOT 86 123 WATERLOO ROAD, WOLVERHAMPTON, WV1 4RB
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property, standing back from the road behind a foregarden, which was previously used as a care facility.
ACCOMMODATION: Ground Floor: Porch, Hall, Two Rooms (previously used as Bedrooms), Kitchen, Shower Room, WC. First Floor: Landing, Four Bedrooms, Shower Room, WC. Outside: Gardens. The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: The property is situated close to Wolverhampton City Centre and Wolverhampton University.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £115,000 (plus fees)
100| *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees Your property partner since 1989
A PROPERTY PARTNER YOU CAN TRUST
AGENCY SURVEYING FINANCIAL SERVICES
LETTINGS SURVEYING
RISK PRS & ESTATE BIGWOOD BIGWOOD MANAGEMENT MANAGEMENT
sdlgroup.co.uk LOTLOT 87 GROVE FARM, THE ANNEX & THE HAYLOFT, BENNETTS ROAD NORTH, CORLEY, WARWICKSHIRE CV7 8BG
A VACANT FREEHOLD FORMER FARMHOUSE, WHICH HAS BEEN CONVERTED INTO 3 SELF CONTAINED UNITS WHICH COULD EASILY BE CONVERTED BACK INTO A SINGLE DWELLING, STANDING IN OVER 4 ACRES OF GROUNDS
PROPERTY DESCRIPTION: A detached farmhouse, standing back from the road behind a driveway and foregarden, which is approached via a service road off Bennetts Road North. ACCOMMODATION: Grove Farm Ground Floor: Porch, Entrance Hallway/Office, Reception Room, Shower Room/WC, Two Bedrooms, Dining Kitchen with Pantry, Conservatory, Inner Hall, Utility Room with Boiler, Bathroom/WC with Shower, Shared Entry. The Annex Ground Floor: Reception Room, Fully Fitted Dining Kitchen, Boiler Room/Utility with WC and Wash Hand Basin, Bedroom, Shower Room. First Floor: Boarded-out Play Room. The Hayloft First Floor: Reception Room, Dining Kitchen, Master Bedroom with En-Suite Shower/WC, Further Bedroom, Family Bathroom with Roll-Top Bath and Separate Shower Cubicle, WC. Outside: Landscaped Gardens, Fields, Coppice, Double Garage with Workshop to Rear, Two Further Single Garages, Stable Block, Tack Room and Hay Barn. There is also a substantially built shed. Adjacent to the property is a forecourt, which gives access to the Annex and the Hayloft and there is a also a Swimming Pool. Ample driveway parking. Each of the properties have their own central heating boiler.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
102 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees AUCTIONEERS NOTE: Vacant possession will be given upon completion, which is 56 days from exchange of Contracts. VIEWINGS: See viewing schedule.
*GUIDE PRICE £595,000 - £645,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 103 and auction fees LOTLOT 88 32 MERE ROAD, ERDINGTON, B23 7LH
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property standing back from the road behind a small foregarden.
ACCOMMODATION: Ground Floor: Two Reception Rooms, Understairs Cupboard, Kitchen, Rear Lobby with Store, WC. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Rear Yard and Garage.
The majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: See Legal Pack.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £90,000 (plus fees)
Entries are now invited for our next Birmingham auction Thursday 14th December 2017
Please call 0121 233 5046 for a FREE valuation
www.sdlauctions.co.uk
104| *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 890 NEW PILGRIMS COTTAGE, TAVISTOCK PLACE, BASFORD, STOKE ON TRENT, ST4 6HY
A VACANT FREEHOLD DETACHED BUNGALOW PROPERTY DESCRIPTION: A detached bungalow, standing back from the road behind a private gated drive, which has previously been used as a care facility.
ACCOMMODATION: Ground Floor: Hall with WC off, Reception Room, Kitchen, Four Bedrooms, Bathroom/WC and Shower. Outside: Gardens and Driveway Parking.
The property benefits from having a gas fired central heating system, emergency lighting, fire doors, smoke alarms and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £178,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 105 and auction fees LOT 9900 37 WEST PARK AVENUE, NORTHFIELD, BIRMINGHAM B31 5BE
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property set back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Hall, Through Reception Room, Kitchen, Pantry. First Floor: Landing, Two Bedrooms, Bathroom/WC. Outside: Gardens, Driveway Parking and Rear Store.
The property benefits from having a gas fired central heating system, the majority of the windows are UPVC double glazed units, however the property is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £75,000 (plus fees)
LEGAL PACKS
It is the buyers responsibility to read the Legal Pack before bidding. These are available to download on our website as soon as they arrive from the Solicitor. If they aren’t available when you register you will be notified by email as soon as they are updated. They are also available to read in the auction room.
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106 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 910 LAND AT R/O 42 COMMONSIDE, PENSNETT, DUDLEY, DY5 4LD
A FREEHOLD PARCEL OF LAND PROPERTY DESCRIPTION: A small parcel of land, approximately retangular in shape which is currently partly fenced and accessed via a shared driveway and yard area adjacent to No. 42 Commonside. LOCATION: The site is situated on the B4179 Commonside, close to its junction with Highoak, Bradley Street and Corbyns Hall Road in Dudley. The area is predominately residential in nature with various local shops within close proximity, whilst Dudley Town Centre lies approximately 2 miles to the west. TENURE: We understand that the land is Freehold and vacant possession will be given upon completion. SITE AREA: The site extends to approximately 196.40 sq.m. (2114.03 sq.ft.). SERVICES: Mains services are understood to be available in the vicinity of the site, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose. PLANS: Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. VIEWINGS: External viewings only. JOINT AGENTS:
*GUIDE PRICE £15,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 107 and auction fees Page 108.qxp_Bigwood 28/09/2017 17:05 Page 1
LOTLOT 92 VICTORIA ROAD, BLACKHEATH, HALESOWEN, B62 8HZ
A FREEHOLD INDUSTRIAL/WAREHOUSE UNIT, BENEFITTING FROM GOOD ACCESS TO THE MIDLAND MOTORWAY NETWORK & EXTENDING TO APPROX. 3,337 SQ.FT (310 SQ.M)
PROPERTY DESCRIPTION: The property comprises a workshop/warehouse of steel framed construction with full height brick walls, surmounted by pitched and lean-to, insulated metal profile sheeted roofs, incorporated filon lighting panels. The height to eaves within the principle building is approximately 2.69m (8ft 10in). Access is via a roller shutter door and there are offices and toilets within. A small car park with a pallasade fence/gate is located to the Victoria Road frontage.
ENERGY EFFICIENCY RATING: G
LOCATION: The property is located on Victoria Road within 1 mile of Blackheath Town Centre. The property benefits from good access to the Midland and national motorway network via junction 3 of the M5 motorway, which is approximately 3 mile distant. TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. ACCOMMODATION: The property extends to approximately 3,337 sq.ft. (310.13 sq.m.) - Gross Internal Area. VALUE ADDED TAX: We understand that VAT is not chargeable on this transaction, all interested parties should refer to the legal pack for full details. VIEWINGS: Strictly by arrangement with the Auctioneers. JOINT AGENTS:
*GUIDE PRICE £100,000 (plus fees)
108 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 930 281, 283, 285 & 285A WOLVERHAMPTON ROAD EAST, WOLVERHAMPTON, WV4 6BD
A FREEHOLD RESIDENTIAL INVESTMENT OF FOUR, TWO BEDROOMED FLATS TWO OF WHICH ARE SUBJECT TO LONG LEASES CURRENT GROSS INCOME: £10,970 PA
PROPERTY DESCRIPTION: A Freehold block of four, two bedroomed flats with side driveway to the rear, parking area, gardens and garage court. Two of the flats have been previously sold on Long Leases and two are let on Assured Shorthold Tenancies. ACCOMMODATION: All flats have entrance hall, fitted kitchen, two bedrooms, bathroom, central heating and double glazing. Outside there is front and rear gardens and side driveway leading to four garages at the rear.
ENERGY EFFICIENCY RATING: 281, 283, 285 - D & 285A - E
TENURE: We understand that the properties are Freehold and being sold subject to the existing tenancies. TENANCY DETAILS:
VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £150,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 109 and auction fees LOTLOT 94 150 MARSH LANE, WEST BROMWICH, B71 2DA
A FREEHOLD SEMI DETACHED RESIDENTIAL INVESTMENT PROPERTY CURRENT GROSS INCOME: £6,900 PA
PROPERTY DESCRIPTION: A semi detached property standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Reception Room, Kitchen, Rear Lean-to/Utility Room, Bathroom/WC. First Floor: Landing, Three Bedrooms. Outside: Gardens The property benefits from having gas fired central heating and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and is being sold subject to the existing tenancy. AUCTIONEERS NOTE: TENANCY DETAILS: The Auctioneers were unable to inspect the property internally and therefore the accommodation should not be The property is let on Assured Shorthold Tenancy at a rental figure of relied upon. £575 per calendar month - £6,900 per annum. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £50,000 (plus fees)
ADDITIONAL COSTS
Any additional costs, which are payable in addition to the purchase price that have not been mentioned in this catalogue, will be included within the Special Conditions that are attached to the Contract. Therefore, all prospective purchasers are strongly advised to inspect the legal packs for every lot that they may wish to bid on, in order to be made fully aware of any additional costs, if applicable.
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94 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 950 29 BRIDGE STREET, WALSALL, WS1 1DP
AN ATTRACTIVE FREEHOLD GRADE II LISTED TOWN CENTRE PROPERTY CONSIDERED SUITABLE FOR A VARIETY OF ALTERNATIVE USES INCLUDING RESIDENTIAL CONVERSION OF THE UPPER FLOORS SUBJECT TO OBTAINING THE APPROPRIATE PLANNING PERMISSION.
PROPERTY DESCRIPTION: The property comprises an attractive mid terraced four storey Grade II listed building considered suitable for commercial or retail uses on the ground floor with the potential to convert the upper floors to residential uses subject to obtaining the appropriate planning permission. ACCOMMODATION: We have not undertaken a measured survey but understand the property extends to approximately 4,252 sq.ft. (396 sq.m.). All interested parties must seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.
ENERGY EFFICIENCY RATING: F
LOCATION: The property occupies a prominent position fronting Bridge Street within Walsall town centre with all amenities within close proximity including The Saddlers Centre, Jerome Retail Park, Asda Superstore and Walsall Railway Station. TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. VALUE ADDED TAX: We understand that VAT will not be chargeable upon this transaction. VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £150,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 111 and auction fees LOTLOT 96 LAND ADJACENT 128 ASTON CHURCH ROAD, NECHELLS, BIRMINGHAM B7 5RX
A FREEHOLD PARCEL OF LAND WITH DEVELOPMENT POTENTIAL PROPERTY DESCRIPTION: A parcel of land with river and canalside frontage which may be suitable for residential development subject to obtaining the necessary planning consents. TENURE: We understand that the land is Freehold and vacant possession will be given upon completion. SITE AREA: We understand that the site extends to some 894 sq.m. (1,069 sq.yds.) or thereabouts. PLANNING: The land may be suitable for residential redevelopment subject to obtaining the necessary planning consents. All initial enquiries should be made to Birmingham City Council planning department. SERVICES: Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements. GROUND CONDITIONS & CONTAMINATION: Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose. PLANS: Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed. RIGHTS OF WAY, WAYLEAVES, EASEMENTS, RESTRICTIVE COVENANTS ETC.: The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £60,000 (plus fees)
112 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 970 1 HEATH BARNS, OLD STAFFORD ROAD, SLADE HEATH, WOLVERHAMPTON, WV10 7PZ
A VACANT FREEHOLD MID TERRACED TWO STOREY BARN CONVERSION SITUATED IN A RURAL LOCATION WITH SIMILAR PROPERTIES SURROUNDING
PROPERTY DESCRIPTION: A two storey barn conversion situated in a rural location.
ACCOMMODATION: Ground Floor: Entrance Hallway, Reception Room, Breakfast Kitchen, Cloakroom/WC, Laundry, Two Bedrooms (one having Ensuite Shower/WC). First Floor: Landing, Two Bedrooms (One with Ensuite Shower/WC and Dressing Room), Family Bathroom/WC. Outside: Gardens and Gravel Parking Area. The property benefits from having double glazing and LPG central heating.
TENURE: We understand the property is Freehold and vacant possession will be given upon completion.
ENERGY EFFICIENCY RATING: E.
VIEWINGS: Strictly by arrangement with the Auctioneers.
JOINT AGENT:
*GUIDE PRICE in excess of £150,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 113 and auction fees LOTLOT 98 50 CEMETERY ROAD, WILLENHALL, WV13 1DQ
A VACANT FREEHOLD END TERRACED PART RESIDENTIAL/COMMERCIAL PROPERTY
PROPERTY DESCRIPTION: A two storey end terraced part residential/commercial property, standing back from the road behind a foregarden with driveway parking.
ACCOMMODATION: Ground Floor: Vacant Retail Premises & WC. First Floor: Access via separate entrance, Landing, Reception Room, Kitchen, Two Bedrooms, Bathroom/WC. Outside: Gardens.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
LOCATION: The property is situated within a predominantly residential area, a short distance from Willenhall town centre.
VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE £35,000 - £40,000 (plus fees)
LOTLOT 99 8 EDGE STREET, STOKE ON TRENT, ST6 4HJ
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A Freehold mid terraced property standing back from the road behind a small foregarden.
ACCOMMODATION: Ground Floor: Living Room, Dining Room, Kitchen, Rear Lobby, Bathroom/WC. First Floor: Two Bedrooms. Outside: Rear Yard.
The property has the benefit of gas fired central heating and the majority of the windows are UPVC double glazed units. However the property is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: C
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £39,000 (plus fees)
114 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 100 0 15 HALLAM STREET, WEST BROMWICH, B71 4HE
A FREEHOLD MID TERRACED RESIDENTIAL INVESTMENT PROPERTY CURRENT GROSS INCOME: £16,640 PA. POTENTIAL GROSS INCOME: £19,760 PA.
PROPERTY DESCRIPTION: A mid terraced property, which has been converted into six lettable units, standing back from the road behind a foregarden. ACCOMMODATION: Ground Floor: Communal Vestibule, Communal Hall, Communal Kitchen, Communal Shower Room/WC, Two Bedsitting Rooms (Units 1 and 2). Unit 3 - Bedsitting Room, Kitchen, Shower/WC. First Floor: Communal Landing. Unit 6 - Living Room, Bedroom, Shower/WC. Unit 5 - Bedsitting Room, Kitchenette, Shower/WC. Outside: Communal Gardens. The property benefits from having an HMO Licence and therefore has emergency lighting, smoke alarms and fire doors.
TENURE: We understand that the property is Freehold and is being sold subject to the existing tenancies.
TENANCY DETAILS:
VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £99,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 115 and auction fees LOTLOT 101 122 ROSEFIELD ROAD, SMETHWICK, B67 6DZ A FREEHOLD MID TERRACED RESIDENTIAL INVESTMENT PROPERTY CURRENT GROSS INCOME: £5,400 PA.
PROPERTY DESCRIPTION: A mid terraced property, elevated from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Two Reception Rooms, Inner Lobby, Kitchen. First Floor: Landing, Two Bedrooms, Bathroom/WC. Outside: Gardens.
The property benefits from a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and is being sold subject to the existing tenancy.
TENANCY DETAILS: The property is let on an Assured Shorthold Tenancy, at a rental figure of £450 per calendar month - £5,400 per annum.
VIEWING: External viewings only.
*GUIDE PRICE in excess of £65,000 (plus fees)
LOTLOT 102 28 SLADEFIELD ROAD, WARD END, BIRMINGHAM, B8 3NX
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Hall, Two Reception Rooms, Kitchen. First Floor: Landing, Store Room, Two Bedrooms, Bathroom/WC. Outside: Gardens and WC. The property has the benefit of partial double glazing, however is in need of modernisation works throughout.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £50,000 (plus fees)
116 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 103 0 46 NEWTON ROAD, GREAT BARR, BIRMINGHAM, B43 6BW
A VACANT FREEHOLD DETACHED PROPERTY, STANDING IN APPROX. 0.33 OF AN ACRE, WHICH HAS POTENTIAL FOR REDEVELOPMENT, SUBJECT TO OBTAINING THE NECESSARY CONSENTS
PROPERTY DESCRIPTION: A detached property, standing back from the road behind a driveway and foregarden. ACCOMMODATION: Ground Floor: Storm Porch, Entrance Hall, Two Reception Rooms, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Gardens, Driveway Parking and Side Garage.
The property has the benefit of having a gas fired central heating system, however is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £195,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 117 and auction fees LOTLOT 104 3 PICKWICK GROVE, MOSELEY, B13 9LL
A VACANT FREEHOLD FOUR BEDROOMED SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property which stands back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Hall, Two Reception Rooms, Kitchen. First Floor: Landing, Four Bedrooms, Bathroom/WC. Outside: Gardens and Driveway Parking. The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: See Legal Pack.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £225,000 (plus fees)
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118 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 105 0 38-40 HIGH STREET, WEST CORNFORTH, FERRYHILL, COUNTY DURHAM, DL17 9HR
A FREEHOLD DETACHED INVESTMENT PROPERTY CURRENT GROSS INCOME: £15,600 PA
PROPERTY DESCRIPTION: A substantial five bedroomed detached investment property with some off-road parking to the rear. ACCOMMODATION: Ground Floor: Three Reception Rooms, Kitchen. First Floor: Landing, Five Bedrooms, Bathroom. Outside: Rear Garden and some off-road parking.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and being sold subject to the existing tenancies. TENANCY DETAILS:
AUCTIONEERS NOTE: The Auctioneers were not able to inspect the property prior to going to print and therefore the accommodation details should not be relied upon. VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £55,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 119 and auction fees LOTLOT 106 17 ST. MARKS ROAD, SMETHWICK, B67 6QF
A VACANT FREEHOLD EXTENDED SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: An extended semi detached property standing back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Porch, Hall, Large Reception Room, Sun Room, Kitchen, Bathroom/WC, Large Garage. First Floor: Landing, Three Bedrooms, Fourth Bedroom/Games Room (could be suitable for conversion into another 2/3 bedrooms), Shower Room/WC. Outside: Gardens and Driveway Parking.
The property benefits from having gas fired central heating and partial UPVC double glazed units, however is in need of modernisation throughout.
ENERGY EFFICIENCY RATING: See Legal Pack.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £150,000 (plus fees)
LOTLOT 107 FLAT 1, 44 COLLEGE AVENUE, MUTLEY, PLYMOUTH, PL4 7AN
A LEASEHOLD MID TERRACED RESIDENTIAL INVESTMENT FLAT CURRENT GROSS INCOME: £4,200 PA.
PROPERTY DESCRIPTION: A lower ground floor flat, situated in a mid terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Lower Ground Floor: Reception/Kitchen Area, Small Double Bedroom with En-Suite Shower Room/WC. Outside: Shared Small Front Garden/Balcony Area and shared car parking space.
ENERGY EFFICIENCY RATING: C
TENURE: We understand that the property is Leasehold (see legal pack for Lease details) and is being sold subject to the existing tenancy.
TENANCY DETAILS: The property is let on an Assured Shorthold Tenancy, at a rental of £350 per calendar month - £4,200 per annum.
VIEWINGS: External viewings only.
*GUIDE PRICE £25,000 - £30,000 (plus fees)
120 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 108 0 78 ST ANNES ROAD/99 A, B & C HIGH STREET, CRADLEY HEATH, B64 5BL
A FREEHOLD RESIDENTIAL INVESTMENT PROPERTY CURRENT GROSS INCOME: £47,642.52 PA.
PROPERTY DESCRIPTION: A detached investment property of 9 flats over ground and first floors. The property has double glazing and electric heating throughout.
ACCOMMODATION:
ENERGY EFFICIENCY RATING: F, F, D, E & D AUCTIONEERS NOTE: The Auctioneers have not had the opportunity to inspect TENURE: the property internally prior to going to print and therefore We understand that the property is Freehold and is being sold subject the accommodation details should not be relied upon. to the existing tenancies. VIEWINGS: Strictly by arrangement with the Auctioneers.
*GUIDE PRICE in excess of £325,000 (plus fees)
LOTLOTLOT 109 0 SANTA CRUZ, CHURCH ROAD, DONNINGTON WOOD, TELFORD TF2 7PS
A FREEHOLD DETACHED BUNGALOW PROPERTY DESCRIPTION: A three bedroomed detached bungalow set back from the road behind a foregarden with driveway approach and ample off-road parking.
ACCOMMODATION: Ground Floor: Entrance Hall, Lounge, Kitchen, Three Bedrooms, Bathroom and separate WC. Outside: Front, Rear and Side Gardens with a small Garage.
The property has the benefit of gas fired central heating and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: C
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £110,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 121 and auction fees LOTLOT 110 30 FELLOWS STREET, WOLVERHAMPTON, WV2 4ND
AN END TERRACED RESIDENTIAL INVESTMENT PROPERTY CURRENT GROSS INCOME: £3,848 PA.
PROPERTY DESCRIPTION: An end terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Two Reception Rooms, Kitchen, Utility, WC. First Floor: Landing, Two Bedroom, Bathroom/WC. Outside: Gardens.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and is being sold subject to the existing tenancy.
TENANCY DETAILS: The property is let subject to a Regulated Tenancy, at a rental figure of £74 per week - £3,848 per annum.
VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £46,000 (plus fees)
LOTLOT 111 18 CIVIC CLOSE, BIRMINGHAM, B1 2NT
A VACANT LONG LEASEHOLD MID TERRACED THREE STOREY PROPERTY SITUATED ADJACENT TO THE BARCLAY CARD ARENA
PROPERTY DESCRIPTION: A mid terraced three storey property.
ACCOMMODATION: Ground Floor: Communal Staircase. First Floor: Communal Walkway. No. 18:- Hall with WC, 'L' shaped Dining Kitchen with Balcony access, Reception Room, Inner Hall with Cupboard. Second Floor: Landing, Two Bedrooms, Shower Room/WC. Third Floor: Bedroom Three. Outside: We understand that there are two parking spaces. (See Legal Pack for further details). The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units, however it is in need of certain improvement works.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Leasehold (see Legal Pack for details) and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £95,000 (plus fees)
122 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 112 0 49 HIGH STREET, BILSTON, WV14 0EP
A FREEHOLD FORMER POST OFFICE WITH SELF- CONTAINED FLAT
PROPERTY DESCRIPTION: A flush fronted former Post Office on the High Street in Bilston where other operators in the locality include Aldi Supermarket and McDonalds.
ACCOMMODATION: Ground Floor: Roller Shutter to Double Fronted Former Post Office, Retail Area, Secure Post Office Counter, Store Room and WC. Separate front entrance with Stairs Leading to the First Floor. First Floor: Hall, Living Room, Kitchen, Two Bedrooms, Bathroom, Gas Fired Central Heating and Double glazing.
ENERGY EFFICIENCY RATING: C
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £92,000 (plus fees)
LOTLOTLOT 113 0 27 FREASLEY ROAD, SHARD END, BIRMINGHAM B34 7QA
A FREEHOLD VACANT MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A Freehold three bedroomed mid terraced property set back from the road behind a foregarden with drive for off-road parking.
ACCOMMODATION: Ground Floor: Entrance Porch, Hall, Two Reception Rooms and Kitchen. First Floor: Landing, Three Bedrooms and Bathroom. Outside: Front Garden with Driveway for off-road parking, rear Garden and brick-built Garden Workshop, WC and Utility Room. The property has the benefit of gas fired central heating however is in need of further modernisation and refurbishment.
ENERGY EFFICIENCY RATING: E
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
AUCTIONEERS NOTE: VIEWINGS: There are two small strips of land at the rear and side rear of the See viewing schedule. property which are rented from Birmingham City Council at 10p per annum.
*GUIDE PRICE in excess of £110,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 123 and auction fees LOTLOT 114 22 POOLE HOUSE ROAD, GREAT BARR, BIRMINGHAM B43 7SJ
A VACANT FREEHOLD SEMI DETACHED PROPERTY
PROPERTY DESCRIPTION: A semi detached property standing back from the road behind a driveway and foregarden.
ACCOMMODATION: Ground Floor: Porch, Hall with Store, Through Reception Room, Kitchen. First Floor: Landing, Three Bedrooms, Shower Room/WC. Outside: Gardens, Driveway Parking and Rear Garage.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: See Legal Pack.
TENURE: We understand the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £110,000 (plus fees)
LOTLOT 115 10 ASH DRIVE, WEST BROMWICH, B71 1BP
A VACANT LEASEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property, standing back from the road behind a foregarden.
ACCOMMODATION: Ground Floor: Porch, Hall, Throughout Reception Room, Kitchen. First Floor: Landing, Three Bedrooms, Wet Room/WC. Outside: Gardens and Garage situated in a separate block.
The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Leasehold (see legal pack for Lease details) and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE in excess of £40,000 (plus fees)
124 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 116 0 51 LEAMORE LANE, WALSALL, WS3 2AF
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property, standing flush to the pavement.
ACCOMMODATION: Ground Floor: Two Reception Rooms, Understairs Cupboard, Lobby, Kitchen. First Floor: Landing, Three Bedrooms. Outside: Rear Garden, Brick Built Stores and WC.
The property is in need of complete refurbishment throughout.
ENERGY EFFICIENCY RATING: G
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: See viewing schedule.
*GUIDE PRICE £19,000 - £24,000 (plus fees)
LOTLOTLOT 117 0 9 DIMMOCKS AVENUE, BILSTON, WV14 8YQ
A FREEHOLD SEMI DETACHED INVESTMENT PROPERTY CURRENT GROSS INCOME: £7,200 PA
PROPERTY DESCRIPTION: A Freehold three bedroomed semi detached property set back from the road behind a foregarden with driveway approach.
ACCOMMODATION: Ground Floor: Entrance Porch, Hall, Through Living Room and Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Second Floor: Attic Room. Outside: Front and Rear Gardens with off-road Parking. The property has the benefit of gas fired central heating and the majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and being sold subject to the existing tenancy.
TENANCY DETAILS: We understand that the property is let on an Assured Shorthold Tenancy for a period of 6 months from the 3rd May 2017 at £600 per VIEWINGS: calendar month - £7,200 per annum. Strictly by arrangement with the Auctioneers.
*GUIDE PRICE £72,000 - £74,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 125 and auction fees LOTLOT 118 1/1, 1 WALLACE STREET, PORT GLASGOW, PA14 5RA
A VACANT SCOTTISH FREEHOLD FIRST FLOOR FLAT
PROPERTY DESCRIPTION: A purpose built first floor flat.
ACCOMMODATION: Ground Floor: Entrance First Floor: Hall, Reception Room, Bedroom, Kitchen, Bathroom/WC.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold (Scottish - see legal pack for further details) and vacant possession will be given upon completion.
LOCATION: The property is situated on a residential road in Port Glasgow, close to local shops and amenities and within proximity of various green open AUCTIONEERS NOTE: spaces including the Clyde Muirshiel Regional Park. Transport links 1. The Auctioneers were unable to inspect the property internally and therefore the accommodation should not be are provided by Port Glasgow Railway Station. relied upon. 2. We are advised by the Sellers that the property was We understand that this property lies within the Clune Park previously let at a rental figure of £350 pcm - £4,200 per Regeneration plan. annum. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £6,000 (plus fees)
LOTLOT 119 G/1, 13 ROBERT STREET, PORT GLASGOW, PA14 5NR
A VACANT SCOTTISH FREEHOLD GROUND FLOOR FLAT
PROPERTY DESCRIPTION: A purpose built ground floor flat.
ACCOMMODATION: Ground Floor: Hall, Reception Room, Kitchen, Two Bedrooms, Bathroom/WC. The property is in need of refurbishment works throughout.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold (Scottish - see legal pack for further details) and vacant possession will be given upon completion.
LOCATION: AUCTIONEERS NOTE: The property is situated on a residential road in Port Glasgow, close to 1. The Auctioneers were unable to inspect the property local shops and amenities and within proximity of various green open internally and therefore the accommodation should not be spaces including the Clyde Muirshiel Regional Park. Transport links relied upon. are provided by Port Glasgow Railway Station. 2. We are advised by the Sellers that the property was We understand that this property lies within the Clune Park previously let at a rental figure of £350 pcm - £4,200 per Regeneration plan. annum. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £6,000 (plus fees)
126 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 120 0 1/1, 1 MAXWELL STREET, PORT GLASGOW, PA14 5RQ
A VACANT SCOTTISH FREEHOLD FIRST FLOOR FLAT
PROPERTY DESCRIPTION: A purpose built first floor flat.
ACCOMMODATION: Ground Floor: Entrance First Floor: Hall, Reception Room, Bedroom, Kitchen, Bathroom/WC.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold (Scottish - see legal pack for further details) and vacant possession will be given upon completion.
LOCATION: The property is situated on a residential road in Port Glasgow, close to local shops and amenities and within proximity of various green open AUCTIONEERS NOTE: spaces including the Clyde Muirshiel Regional Park. Transport links 1. The Auctioneers were unable to inspect the property internally and therefore the accommodation should not be are provided by Port Glasgow Railway Station. relied upon. We understand that this property lies within the Clune Park 2. We are advised by the Sellers that the property was Regeneration plan. previously let at a rental figure of £350 pcm - £4,200 per annum. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £6,000 (plus fees)
LOTLOTLOT 121 0 2/1, 1 MAXWELL STREET, PORT GLASGOW, PA14 5RQ
A VACANT SCOTTISH FREEHOLD SECOND FLOOR FLAT
PROPERTY DESCRIPTION: A purpose built second floor flat.
ACCOMMODATION: Ground Floor: Entrance Second Floor: Hall, Reception Room, Bedroom, Kitchen, Bathroom/ WC.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold (Scottish - see legal pack for further details) and vacant possession will be given upon completion.
LOCATION: The property is situated on a residential road in Port Glasgow, close to AUCTIONEERS NOTE: local shops and amenities and within proximity of various green open 1. The Auctioneers were unable to inspect the property internally and therefore the accommodation should not be spaces including the Clyde Muirshiel Regional Park. Transport links relied upon. are provided by Port Glasgow Railway Station. 2. We are advised by the Sellers that the property was previously let at a rental figure of £350 pcm - £4,200 per We understand that this property lies within the Clune Park annum. Regeneration plan. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £6,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 127 and auction fees LOTLOT 122 3/1, 1 MAXWELL STREET, PORT GLASGOW, PA14 5RQ
A VACANT SCOTTISH FREEHOLD THIRD FLOOR FLAT
PROPERTY DESCRIPTION: A purpose built third floor flat.
ACCOMMODATION: Ground Floor: Entrance Third Floor: Hall, Reception Room, Bedroom, Kitchen, Bathroom/ WC.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold (Scottish - see legal pack for further details) and vacant possession will be given upon completion.
LOCATION: The property is situated on a residential road in Port Glasgow, close to AUCTIONEERS NOTE: local shops and amenities and within proximity of various green open 1. The Auctioneers were unable to inspect the property internally and therefore the accommodation should not be spaces including the Clyde Muirshiel Regional Park. Transport links relied upon. are provided by Port Glasgow Railway Station. 2. We are advised by the Sellers that the property was previously let at a rental figure of £350 pcm - £4,200 per We understand that this property lies within the Clune Park annum. Regeneration plan. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £6,000 (plus fees)
LOTLOT 123 3/2, 1 MAXWELL STREET, PORT GLASGOW, PA14 5RQ
A VACANT SCOTTISH FREEHOLD THIRD FLOOR FLAT
PROPERTY DESCRIPTION: A purpose built third floor flat.
ACCOMMODATION: Ground Floor: Entrance Third Floor: Hall, Reception Room, Bedroom, Kitchen, Bathroom/ WC.
ENERGY EFFICIENCY RATING: See legal pack.
TENURE: We understand that the property is Freehold (Scottish - see legal pack for further details) and vacant possession will be given upon completion.
LOCATION: The property is situated on a residential road in Port Glasgow, close to AUCTIONEERS NOTE: local shops and amenities and within proximity of various green open 1. The Auctioneers were unable to inspect the property internally and therefore the accommodation should not be spaces including the Clyde Muirshiel Regional Park. Transport links relied upon. are provided by Port Glasgow Railway Station. 2. We are advised by the Sellers that the property was previously let at a rental figure of £350 pcm - £4,200 per We understand that this property lies within the Clune Park annum. Regeneration plan. VIEWINGS: External viewings only.
*GUIDE PRICE in excess of £6,000 (plus fees)
128 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees LOTLOTLOT 124 0 77 FIFTH STREET, HORDEN, CO. DURHAM, SR8 4LA
A VACANT FREEHOLD END TERRACE PROPERTY PROPERTY DESCRIPTION: An end terraced property, standing flush to the pavement.
ACCOMMODATION: Ground Floor: Reception Room, Kitchen. First Floor: Two Bedrooms, Bathroom/WC. Outside: Yard to rear.
The property benefits from having a gas fired central heating system and majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D.
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: External viewings only.
*GUIDE PRICE £5,000 - £10,000 (plus fees)
LOTLOT 1125 205 93 WEST CHILTON TERRACE, CHILTON, FERRYHILL, CO. DURHAM, DL17 0HJ
A VACANT FREEHOLD MID TERRACED PROPERTY
PROPERTY DESCRIPTION: A mid terraced property, standing flush to the pavement.
ACCOMMODATION: Ground Floor: Reception Room, Kitchen, Bathroom/WC. First Floor: Two Bedrooms. Outside: Yard to rear.
The property benefits from having a gas fired central heating system and majority of the windows are UPVC double glazed units.
ENERGY EFFICIENCY RATING: D
TENURE: We understand that the property is Freehold and vacant possession will be given upon completion.
VIEWINGS: External viewings only.
*GUIDE PRICE £5,000 - £10,000 (plus fees)
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 129 and auction fees LOTLO 126T 2351 COVENTRRYY ROAD, SHELDON, BIRMINGHAM, B26 3PN A VACANT FREEHOLD SUBSTANTIAL DETACHED PROPERTY, SITUATED ON A SITE OF 0.34 ACRES (0.13 HECTARES) OR THEREABOUTS, WHICH MAY BE SUITABLE FOR DEVELOPMENT POTENTIAL, SUBJECT TO OBTAINING ANY NECESSARY PLANNING CONSENTS PROPERTTYY DESCRIPTION: A substantial detached property, standing back from the road behind ae driveway and foregarden, situated on a large plot, which may b suitable for development potential, subject to obtaining any necessary planning consents. ACCOMMODDAAATTION: Ground Floor: Hall, Three Reception Rooms, Pantry, Kitchen. RIOR First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Large Foregarden, Driveway Parking, Garage and Large P Garden to the rear. The property benefits from having a gas fired central heating system and the majority of the windows are UPVC double glazed, however the property is in need of modernisation throughout. ENERGY EFFICIENCY RRAAATTINSOLDG: E TENURE: We understand that the property is Freehold and vacant possession will be given upon completion. VIEWING: See viewing schedule.
*GUIDE PRICE £330,000 - £360,000 (plus fees)
LOT 112727 146 COMBERFORD ROAD, TAMWORTH, WEST MIDLANDS B79 8PG CR FOUR BEDROOMED DETACHED PROPERTY PROPERTY DESCRIPTION: A charming four bedroomed detached family home which is ideally placed on one of Tamworth's most popular roads with access to excellent local education centres. Extended to create additional living space the property in brief comprises of hallway, wc, lounge area, dining area, kitchen, garage, four bedrooms and a family bathroom. There is a lawn and driveway to the front and a delightful enclosed garden to the rear with paved patio and raised borders
ACCOMMODATION: Entrance Hall: Downstairs W.C: RIOR Lounge Area: P Dining Area: Kitchen: First Floor: Three Bedrooms: Family Bathroom: SOLD IN PARTNERSHIP WITH:
*GUIDE PRICE £228,000 (plus fees)
130 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees PROXY, TELEPHONE & INTERNET BIDDING FORM Please complete one form per property you wish to bid for. Please tick to either bid by:
Date of Telephone Proxy Internet Lot No Auction I hereby instruct and authorise the relevant auctioneers to bid on my behalf in accordance with the terms and conditions as set out in this catalogue and I understand that should my bid be successful the offer will be binding upon me. LOT DETAILS
Lot Address:
Postcode:
Max Bid Price: £
Price in Words:
All successful purchasers are required to pay a buyers administration fee of £954.00 inc VAT (unless otherwise stated in the Important Notices) per property purchased and this is to be added to the deposit amount (see general condition 8). Deposits should be paid by Banker’s Draft, Building Society Draft, Debit Card, Credit Card (3.5% surcharge applies). Drafts to be made out for 10% of the maximum proposed purchase price or £5,000 minimum where the bid is below £50,000.
Payment for 10% Deposit and Buyers Administration Fee £ (is enclosed herewith)
PURCHASER DETAILS
Name:
Company:
Address:
Postcode:
Tel. no to contact on the day: Additional tel no:
Email:
BIDDER DETAILS
Name:
Company:
Address:
Postcode:
Tel. no to contact on the day: Additional tel no:
Email:
SOLICITORS DETAILS
Name:
Company:
Address:
Postcode:
Telephone: Mobile:
Email:
Please see overleaf for Payment Details
*Please see Important Notices for definition of guide price Next Auction: 16th November 2017 | 131 and auction fees PAYMENT DETAILS
I enclose a Bank/Building Society Draft payable to SDL Bigwood or debit/credit card details for the 10% deposit (subject to a minimum of £5,000) plus the Buyers Administration Fee of £954 inc VAT (unless otherwise stated in the Important Notices)
I attach Bank Draft/Building Society Draft for: £ In words:
Card Number:
Valid from: Expires End: Issue: CSC:
Name (as it appears on card):
NOTE: Any drafts and/or debit/credit card details supplied will be shredded unless otherwise requested in the event of an unsuccessful proxy, telephone or internet bid. A 3.5% surcharge will be levied on credit card payments.
TERMS & CONDITIONS FOR PROXY, TELEPHONE & INTERNET BIDDING
Anyone not able to attend the Auction to make their own Auctions will not bid. SDL Auctions do not guarantee to regulate the bids may utilise the facilities available for telephone, bidding so that the maximum authorised bid actually falls to the written internet or written bids on the following Terms and bidder. Conditions. 8. SDL Auctions reserve the right not to bid on behalf of the telephone/written/ internet Bidders in the event of any error, doubt, 1. The Bidder must complete a separate authority form for each Lot omission, uncertainty as to their bid, or for any reason whatsoever, and involved, and provide a separate Banker’s Draft or Building Society Draft give no warranty, or guarantee, that a bid would be made on behalf of the or Debit/Credit Card details (cleared funds) for 10% of the maximum Bidder and accept no liability. amount of the bid for each Lot subject to a minimum of £5,000 per Lot, plus the buyers administration fee of £954 inc VAT (unless otherwise 9. In the event that the telephone/written bid is successful the Auctioneer stated in the Important Notices). will sign the Memorandum of Contract on behalf of the Bidder (a Contract 2. The form must be hand delivered, posted or emailed to the relevant having been formed on the fall of the hammer). auction office to arrive 48 hours prior to the auction day for telephone and 10. In the event of a Contract the deposit monies will be applied so far as internet bids and 24 hours for proxy bids. It is the Bidder’s responsibility to necessary to meet the requirement for a 10% deposit subject to a check that the form is received by SDL Auctions and this can be done by minimum of £5,000 per Lot, plus the buyers administration fee of £954 telephoning the office. inc VAT (unless specified differently on the Important Notices clause 6), 3. Due to money laundering obligations we require two forms of identity, one however if monies are received over 10%, this will result in the purchaser photo identification i.e passport or driving licence and one proof of paying a lesser sum on completion. address i.e bank statement or utility bill, no more than 3 months old. By 11. In the event that the Bidder is unsuccessful in gaining the Contract the signing this agreement you understand that we will undertake a search deposit monies shall be returned to the Bidder promptly. However, if paid with Experian for the purposes of verifying your identity. To do so by debit, credit card or bank transfer, these monies may take up to 10 Experian may check the details you supply against any particulars on any working days to refund. database (public or otherwise) to which they have access. This system 12. Once delivered to the Auctioneers the authority to bid is binding on the allows us to verify you from basic details using electronic data, however it Bidder up to 8.00pm on the day on which the particular Lot is auctioned. is not a credit check of any kind so will have no effect on you or your This is to allow for the possibility of a Vendor agreeing to sell post auction credit history. They may also use your details in the future to assist other where the bidding has not reached the reserve. companies for verification purposes. A record of the search will be 13. The authority can only be withdrawn by notification in writing delivered to retained. the auction office by 4pm the day before the Auction or into the hands of 4. The Bidder shall be deemed to have read the ‘Notice to all Bidders’, the the Auctioneer in the Auction Room half an hour before the start of that particulars of the relevant Lot in the Catalogue and the General and day’s auction. It is the Bidder’s responsibility to obtain a receipt on a copy Special Conditions of Sale. The Bidder shall be deemed to have taken all of the withdrawal notification signed by one of the Auctioneers and necessary professional and legal advice and to have made enquiries and without such a receipt the authority stands and any successful Contract is have knowledge of any announcements to be made from the rostrum binding on the Bidder. and any of the addendum relating to the relevant Lot. The addendum 14. If the Bidder, or an agent, actually bids at the Auction without having can, and should, be checked by visiting our website www.sdlauctions.co.uk previously withdrawn the authority, the Auctioneer is at liberty to accept or at the Auction prior to bidding. such bid in addition to any bid from SDL Auctions staff as empowered 5. In the case of telephone bids, at about the time the Lot comes up for under the telephone/written/internet authority. auction, attempts will be made to contact the Bidder by telephone and, if successful, the Bidder may then compete in the bidding up to the SDL Auctions would have no liability whatsoever if the price achieved is maximum of the amount authorised in the completed authority form. the result only of this competition in bidding without intervention from The Bidder accepts that such contact is at the Bidder’s risk and in the other bidders. event that the telephone link is not established, or breaks down, or there is 15. The receipt of a telephone, written or internet bid shall not in any way any confusion or disruption, then the Bidder will not be able to participate hinder the right of the Vendor to withdraw any Lot or to sell prior to in the Auction. auction to a third party and neither the Vendor nor SDL Auctions shall be 6. In the case of internet bidding, all bidders who have registered can under any liability to the telephone or written Bidder in the event that the commence bidding when the intended Lot is being offered, however SDL Lot is not offered at the Auction. Auctions do not take any liability or responsibility should there be any 16. The auctioneer may disclose to the Vendor the existence of these interruption or suspension of internet services. instructions but not the amount of the maximum bid. 7. In the case of written bids, SDL Auctions staff will compete in the bidding NOTE: Visit our website www.sdlauctions.co.uk to print further up to the maximum of the authorisation. If no maximum is inserted, SDL copies of the Authority Form.
I hereby confirm that I have read the General, Additional and Special Conditions of Sale. I accept that it is my Signature of prospective purchaser responsibility to check for any amendments which may be read by the Auctioneers on the Auction Day. I authorise the Auctioneers to sign the contract on my behalf and, recognise that I will then be the fully bound purchaser of the property referred to above and must complete this transaction within the time specified in the Conditions of Sale. IMPORTANT NOTICE TO ALL TELEPHONE BIDDERS: A member of staff will attempt to contact the bidder by telephone prior to the lot concerned being offered for sale. If contact is made then the bidder may compete in the bidding through the Auctioneer’s staff. The Auctioneer will Date of Signature not be held responsible for instructions or authorisations given to them which are unclear or incomplete and these bids will not be accepted. If it is impossible to obtain telephone contact or the link breaks down, the auctioneer is authorised to continue to bid on behalf of the telephone bidder up to the maximum bid stated on this form. Once you have completed this form please send it to SDL Auctions together with your draft for the 10% deposit and buyers administration fee and also your identification documents in accordance with the money laundering legislation detailed in this catalogue. SDL Auctions may send you details of future auctions. Please tick here if you do not wish to receive further communication from us. (Please note, your details will not be shared with any third party, but may be shared within the SDL Group).
132 | *Please see Important Notices for definition of guide price Closing date for next Auction: 14th December 2017 - Entries Invited and auction fees Oct 17 AUCTION CATALOGUE MAILING LIST
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*Please see Important Notices for definition of guide price Next Auction: 16th November 2017 | 133 and auction fees Our Auction Catalogues are available from over 40 estate agency branches/solicitors throughout the West Midlands. We are especially grateful to the following companies for their invaluable assistance in holding our catalogues for local distribution during each marketing campaign. BIGWOOD
Angel Estates 251-253 Rookery Road, Birmingham B21 9PU 0121 448 0717 Apple Property Solutions Apple House, 613 Walsall Road, Birmingham B42 1EH 0121 358 6600 Bartrams 132 Walsall Road, West Bromwich B71 3HP 0121 601 9370 Black Country Homes 58 Birmingham Street, Oldbury B69 4DS 0121 439 7127 Bond Wolfe West Plaza, 144 High Street, West Bromwich B70 6JJ 0121 525 0600 Bowater Drennan 13 Church Street, Wolverhampton WV11 1SR 01902 727 555 Chris Foster & Daughter 6-8 Leighswood Road, Aldridge, Walsall WS9 8AA 01922 454 404 Clarks Residential 144 Lodge Road, Knowle, Solihull B93 0HF 01564 773 200 Clark Brookes Turner Cary 2 Lombard Street West, West Bromwich B70 8EH 0121 553 2576 Cornerstone 301 Witton Road, Witton B6 6NT 0121 320 2008 Dwellings 291 Birchfield Road, City Centre, Birmingham B20 3DD 0121 344 4442 Forward Estates 154 Soho Road, Birmingham B21 9LN 0121 551 4611 Fraser Wood 15-16 Lichfield Street, Walsall WS1 1TS 01922 627 686 Harveys 3B Mere Green Road, Sutton Coldfield B75 5BL 0121 308 0221 Henley Charles 306 Rookery Road, Birmingham B21 9QG 0121 551 4001 Higgs & Sons 3 Waterfront Business Park, Brierley Hill DY5 1LX 0345 1115050 Initial Property 23 Strathdene Road, Birmingham B29 6QL 0121 472 0202 John Emms 5 Stone Street, Dudley DY1 1NS 01384 257 284 Knightsbridge 464 Bearwood Road, Bearwood B66 4HA 0121 429 4812 Mann & Co 90 Edgbaston Road, Smethwick B66 4LB 0121 555 7000 Midland Homes Midland Homes Estate Agents, 11B Well Street, Birmingham B19 3BG 0121 551 6077 Midland Residential 923 Walsall Road B42 1TN 0121 347 7002 Miller Briggs & Co Clinton House, High Street, Coleshill, Birmingham B46 3BP 01675 462 355 Nicholls Brimble Solicitors 409 Bearwood Road, Smethwick B66 4DJ 0121 429 8041 Nick Hall Austin House, First Floor, 83-83a High Street DY8 1ED 01384 370 600 Oliver Ling 78 Blackhalve Lane, Wednesfield WV11 1BH 01902 305599 Peter Estates 83a High Street, Stourbridge DY8 1ED 01384 393888 Paul Estates 625 Bearwood Road, Smethwick B66 4BL 0121 429 6700 Robert Powell & Co 7 Church Road, Edgbaston B15 3SH 0121 454 3322 Royal Estates 464 Bearwood Road, Birmingham, West Midlands B66 4HA 0121 429 2030 Sanders, Wright & Freeman 13 Waterloo Road, Wolverhampton, West Midlands WV1 4DJ 01902 575 555 Sats 7 Estates 16 Alcester Road S, Birmingham B14 7PU 0121 777 2888 Seymour Luke Ltd Seymour House, 15a Frederick Road, Edgbaston B15 1JD 0121 456 3696 Sheikhspeare 306 Ladypool Road, Sparkbrook B12 8JY 0121 449 2727 Taylors 2A Dudley Street, Dudley DY3 1SB 01902 880 888 Taylors 19-21 Hagley Road, Halesowen B63 4PU 0121 550 3978 Taylors 84-86 High Street, Brierley Hill DY5 3AW 01384 395555 Taylors 85 High Street, Stourbridge DY8 1ED 01384 395555 Taylors 818 High Street, Kingswinford DY6 8AA 01384 737023 The Letting Shop 452 High Street, West Bromwich, Birmingham B70 9LD 0121 553 2277 Tom Giles 11 Church Street, Oldbury B69 3AD 0121 552 6171 Waller Farnworth 2 York Road, Birmingham B23 6TE 0121 386 3330 Walton & Hipkiss Hagley Road, Stourbridge DY8 1QH 01384 392371 Waters & Co 81 High Street, Coleshill B46 3AG 01675 463855
134 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees Common Auction Conditions (Edition 3 August 2009) Reproduced with the consent of the RICS
(Covenants) Act 1995. SELLER. GLOSSARY PARTICULARS A3.6 Where a guide price (or range of prices) is given that This glossary applies to the AUCTION CONDUCT The section of the CATALOGUE that contains descriptions of guide is the minimum price at which, or range of CONDITIONS and the SALE CONDITIONS. each LOT (as varied by any ADDENDUM). prices within which, the SELLER might be prepared Wherever it makes sense: PRACTITIONER to sell at the date of the guide price. But guide prices • singular words can be read as plurals, and plurals as singular An insolvency practitioner for the purposes of the Insolvency may change. The last published guide price will words; Act 1986 (or, in relation to jurisdictions outside the United normally be at or above any reserve price, but not • a ‘person’ includes a corporate body; Kingdom, any similar official). always – as the SELLER may fix the final reserve • words of one gender include the other genders; PRICE price just before bidding commences. • references to legislation are to that legislation as it may have The price that the BUYER agrees to pay for the LOT. A4 THE PARTICULARS AND OTHER INFORMATION been modified or re-enacted by the date of the AUCTION or READY TO COMPLETE the CONTRACT DATE (as applicable); and A4.1 WE have taken reasonable care to prepare Ready, willing and able to complete: if COMPLETION would PARTICULARS that correctly describe each LOT. The • where the following words printed in blue capitals appear in enable the SELLER to discharge all FINANCIAL CHARGES PARTICULARS are based on information supplied by black capitals they have the specified meanings. secured on the LOT that have to be discharged by ACTUAL COMPLETION DATE COMPLETION, then those outstanding financial charges do or on behalf ofthe SELLER. YOU need to check that The date when COMPLETION takes place or is treated as not prevent the SELLER from being READY TO COMPLETE. the information in the PARTICULARS is correct. taking place for the purposes of apportionment and SALE CONDITIONS A4.2 If the SPECIAL CONDITIONS do not contain a calculating interest. The GENERAL CONDITIONS as varied by any SPECIAL description of the LOT, or simply refer to the relevant ADDENDUM CONDITIONS or ADDENDUM. LOT number, you take the risk that the description An amendment or addition to the CONDITIONS or to the SALE MEMORANDUM contained in the PARTICULARS is incomplete or PARTICULARS or to both whether contained in a supplement The form so headed (whether or not set out in the inaccurate, as the PARTICULARS have not been to the CATALOGUE, a written notice from the CATALOGUE) in which the terms of the CONTRACT for the prepared by a conveyancer and are not intended to AUCTIONEERS or an oral announcement at the AUCTION. sale of the LOT are recorded. form part of a legal contract. AGREED COMPLETION DATE SELLER A4.3 The PARTICULARS and the SALE CONDITIONS may Subject to CONDITION G9.3: The person selling the LOT. If two or more are jointly the change prior to the AUCTION and it is YOUR (a) the date specified in the SPECIAL CONDITIONS; or SELLER their obligations can be enforced against them jointly responsibility to check that YOU have the correct (b) if no date is specified, 20 BUSINESS DAYS after the or against each of them separately. versions. CONTRACT DATE; but if that date is not a BUSINESS DAY SPECIAL CONDITIONS A4.4 If WE provide information, or a copy of a document, the first subsequent BUSINESS DAY. Those of the SALE CONDITIONS so headed that relate to the provided by others WE do so only on the basis that APPROVED FINANCIAL INSTITUTION LOT. WE are not responsible for the accuracy of that Any bank or building society that has signed up to the TENANCIES information or document. Banking Code or Business Banking Code or is otherwise Tenancies, leases, licences to occupy and agreements for A5 THE CONTRACT acceptable to the AUCTIONEERS. lease and any documents varying or supplemental to them. A5.1 A successful bid is one WE accept as such (normally ARREARS TENANCY SCHEDULE on the fall of the hammer). Arrears of rent and other sums due under the TENANCIES The tenancy schedule (if any) forming part of the SPECIAL and still outstanding on the ACTUAL COMPLETION DATE. CONDITIONS. This CONDITION A5 applies to YOU if YOU make the ARREARS SCHEDULE TRANSFER successful bid for a LOT. The arrears schedule (if any) forming part of the SPECIAL Transfer includes a conveyance or assignment (and ‘to A5.2 YOU are obliged to buy the LOT on the terms of the CONDITIONS. transfer’ includes ‘to convey’ or ‘to assign’). SALE MEMORANDUM at the PRICE YOU bid plus AUCTION TUPE VAT (if applicable). The auction advertised in the CATALOGUE. The Transfer of Undertakings (Protection of Employment) A5.3 YOU must before leaving the AUCTION: AUCTION CONDUCT CONDITIONS Regulations 2006. (a) provide all information WE reasonably need from The conditions so headed, including any extra auction VAT YOU to enable us to complete the SALE conduct conditions. Value Added Tax or other tax of a similar nature. MEMORANDUM (including proof of your identity if AUCTIONEERS VAT OPTION required by US); The auctioneers at the AUCTION. An option to tax. (b) sign the completed SALE MEMORANDUM; and BUSINESS DAY WE (AND US AND OUR) (c) pay the deposit. Any day except (a) a Saturday or a Sunday; (b) a bank The AUCTIONEERS. A5.4 If YOU do not WE may either: holiday in England and Wales; or (c) Good Friday or YOU (AND YOUR) Christmas Day. (a) as agent for the SELLER treat that failure as Someone who has a copy of the CATALOGUE or who YOUR repudiation of the CONTRACT and offer the BUYER attends or bids at the AUCTION, whether or not a BUYER. The person who agrees to buy the LOT or, if applicable, that LOT for sale again: the SELLER may then have a person’s personal representatives: if two or more are jointly claim against YOU for breach of contract; or the BUYER their obligations can be enforced against them Auction Conduct Conditions (b) sign the SALE MEMORANDUM on YOUR behalf. jointly or against each of them separately. A1 INTRODUCTION A5.5 The deposit: CATALOGUE A1.1 Words in CAPITALS have special meanings, which (a) is to be held as stakeholder where VAT would be The catalogue to which the CONDITIONS refer including any are defined in the Glossary. chargeable on the deposit were it to be held as agent supplement to it. A1.2 The CATALOGUE is issued only on the basis that for the SELLER, but otherwise is to be held as stated COMPLETION YOU accept these AUCTION CONDUCT in the SALE CONDITIONS; and Unless otherwise agreed between SELLER and BUYER (or CONDITIONS. They govern OUR relationship with (b) must be paid in pounds sterling by cheque or by their conveyancers) the occasion when both SELLER and YOU and cannot be disapplied or varied by the SALE bankers’ draft made payable to US on an BUYER have complied with their obligations under the CONDITIONS (even by a CONDITION purporting to APPROVED FINANCIAL INSTITUTION. The extra CONTRACT and the balance of the PRICE is unconditionally replace the whole of the Common Auction auction conduct conditions may state if WE accept received in the SELLER’S conveyancer’s client account. Conditions). They can be varied only if WE agree. any other form of payment. CONDITION A2 OUR ROLE One of the AUCTION CONDUCT CONDITIONS or SALE A2.1 As agents for each SELLER we have authority to: A5.6 WE may retain the SALE MEMORANDUM signed by CONDITIONS. (a) prepare the CATALOGUE from information or on behalf of the SELLER until the deposit has been CONTRACT supplied by or on behalf of each SELLER; received in cleared funds. The contract by which the SELLER agrees to sell and the (b) offer each LOT for sale; A5.7 If the BUYER does not comply with its obligations BUYER agrees to buy the LOT. (c) sell each LOT; under the CONTRACT then: CONTRACT DATE (d) receive and hold deposits; (a) YOU are personally liable to buy the LOT even if The date of the AUCTION or, if the LOT is not sold at the (e) sign each SALE MEMORANDUM; and YOU are acting as an agent; and AUCTION: (f) treat a CONTRACT as repudiated if the BUYER (b) YOU must indemnify the SELLER in respect of (a) the date of the SALE MEMORANDUM signed by both the fails to sign a SALE MEMORANDUM or pay a deposit any loss the SELLER incurs as a result of the SELLER and BUYER; or as required by these AUCTION CONDUCT BUYER’S default. (b) if contracts are exchanged, the date of exchange. If CONDITIONS. A5.8 Where the BUYER is a company YOU warrant that exchange is not effected in person or by an irrevocable A2.2 OUR decision on the conduct of the AUCTION is the BUYER is properly constituted and able to buy agreement to exchange made by telephone, fax or electronic final. the LOT. mail the date of exchange is the date on which both parts A2.3 WE may cancel the AUCTION, or alter the order in A6 EXTRA AUCTION CONDUCT CONDITIONS have been signed and posted or otherwise placed beyond which LOTS are offered for sale. A6.1 Despite any CONDITION to the contrary: normal retrieval. WE may also combine or divide LOTS. A LOT may DOCUMENTS be sold or withdrawn from sale prior to the (a) The minimum deposit WE accept is £5,000 (or Documents of title (including, if title is registered, the entries AUCTION. the total PRICE, if less). A SPECIAL CONDITION may, on the register and the title plan) and other documents listed A2.4 YOU acknowledge that to the extent permitted by however, require a higher minimum deposit or referred to in the SPECIAL CONDITIONS relating to the law WE owe YOU no duty of care and YOU have no (b) WE do not accept cash for all or any part of the LOT. claim against US for any loss. deposit FINANCIAL CHARGE A3 BIDDING AND RESERVE PRICES (c) Sub-clause (a) of AUCTION CONDUCT A charge to secure a loan or other financial indebtedness (not A3.1 All bids are to be made in pounds sterling exclusive CONDITION A5.5 shall be deemed to be deleted and including a rentcharge). of any applicable VAT. shall be replaced with the following: GENERAL CONDITIONS A3.2 WE may refuse to accept a bid. WE do not have to “(a) is to be held as agent for the SELLER unless That part of the SALE CONDITIONS so headed, including any explain why. expressly stated otherwise in the SPECIAL extra general conditions. A3.3 If there is a dispute over bidding WE are entitled to CONDITIONS Provided That where VAT would be INTEREST RATE resolve it, and OUR decision is final. chargeable on the deposit were it to be held as agent If not specified in the SPECIAL CONDITIONS, 4% above the A3.4 Unless stated otherwise each LOT is subject to a for the SELLER, the deposit will be held as stake base rate from time to time of Barclays Bank plc. (The reserve price (which may be fixed just before the INTEREST RATE will also apply to judgment debts, if holder despite any contrary provision in any LOT is offered for sale). If no bid equals or exceeds CONDITION; and” applicable.) that reserve price the LOT will be withdrawn from LOT the AUCTION. (d) where the deposit is paid to US to be held as stakeholder, WE may if WE choose transfer all or part Each separate property described in the CATALOGUE or (as A3.5 Where there is a reserve price the SELLER may bid the case may be) the property that the SELLER has agreed (or ask US or another agent to bid on the SELLER’S of it to the SELLER’S conveyancer for them to hold to sell and the BUYER to buy (including CHATTELS, if any). behalf) up to the reserve price but may not make a as stakeholder in OUR place. Any part of the deposit OLD ARREARS bid equal to or exceeding the reserve price. YOU not so transferred will be held by US as stakeholder. ARREARS due under any of the TENANCIES that are not accept that it is possible that all bids up to the A6.2 WE may refuse admittance to any person attending ‘new tenancies’ as defined by the Landlord and Tenant reserve price are bids made by or on behalf of the the AUCTION. WE do not have to explain why.
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 135 and auction fees Common Auction Conditions of Sale premium, use reasonable endeavours to increase the to the LOT (or a TENANCY) following COMPLETION sum insured or make other changes to the policy; the BUYER is specifically to covenant in the (Edition Three August 2009 (d) at the request of the BUYER use reasonable TRANSFER to indemnify the SELLER against that Reproduced with the Consent of the endeavours to have the BUYER’S interest noted on liability. RICS) the policy if it does not cover a contracting G5.3 The SELLER cannot be required to TRANSFER the purchaser; LOT to anyone other than the BUYER, or by more Words in CAPITALS have special meanings, which are (e) unless otherwise agreed, cancel the insurance at than one TRANSFER. defined in the Glossary. COMPLETION, apply for a refund of premium and G6. COMPLETION The GENERAL CONDITIONS (including any extra general (subject to the rights of any tenant or other third conditions) apply to the CONTRACT except to the extent G6.1 COMPLETION is to take place at the offices of the party) pay that refund to the BUYER; and SELLER’S conveyancer, or where the SELLER may that they are varied by SPECIAL CONDITIONS or by an (f) (subject to the rights of any tenant or other third ADDENDUM. reasonably require, on the AGREED COMPLETION party) hold on trust for the BUYER any insurance DATE. The SELLER can only be required to complete G1. THE LOT payments that the SELLER receives in respect of loss on a BUSINESS DAY and between the hours of 0930 G1.1 The LOT (including any rights to be granted or or damage arising after the CONTRACT DATE or and 1700. reserved, and any exclusions from it) is described in assign to the BUYER the benefit of any claim; and the G6.2 The amount payable on COMPLETION is the balance the SPECIAL CONDITIONS, or if not so described the BUYER must on COMPLETION reimburse to the of the PRICE adjusted to take account of LOT is that referred to in the SALE MEMORANDUM. SELLER the cost of that insurance (to the extent not apportionments plus (if applicable) VAT and interest. already paid by the BUYER or a tenant or other third G1.2 The LOT is sold subject to any TENANCIES disclosed G6.3 Payment is to be made in pounds sterling and only party) for the period from and including the by the SPECIAL CONDITIONS, but otherwise with by: CONTRACT DATE to COMPLETION. vacant possession on COMPLETION. (a) direct transfer to the SELLER’S conveyancer’s G3.2 No damage to or destruction of the LOT nor any G1.3 The LOT is sold subject to all matters contained or client account; and deterioration in its condition, however caused, entitles referred to in the DOCUMENTS, but excluding any (b) the release of any deposit held by a stakeholder. FINANCIAL CHARGES: these the SELLER must the BUYER to any reduction in PRICE, or to delay G6.4 Unless the SELLER and the BUYER otherwise agree, discharge on or before COMPLETION. COMPLETION, or to refuse to complete. COMPLETION cannot take place until both have G1.4 The LOT is also sold subject to such of the following G3.3 Section 47 of the Law of Property Act 1925 does not apply. complied with their obligations under the as may affect it, whether they arise before or after CONTRACT and the balance of the PRICE is G3.4 Unless the BUYER is already lawfully in occupation of the CONTRACT DATE and whether or not they are unconditionally received in the SELLER’S the LOT the BUYER has no right to enter into disclosed by the SELLER or are apparent from conveyancer’s client account. inspection of the LOT or from the DOCUMENTS: occupation prior to COMPLETION. G6.5 If COMPLETION takes place after 1400 hours for a (a) matters registered or capable of registration as G4. TITLE AND IDENTITY reason other than the SELLER’S default it is to be local land charges; G4.1 Unless CONDITION G4.2 applies, the BUYER accepts treated, for the purposes of apportionment and (b) matters registered or capable of registration by the title of the SELLER to the LOT as at the calculating interest, as if it had taken place on the any competent authority or under the provisions of CONTRACT DATE and may raise no requisition or next BUSINESS DAY. any statute; objection except in relation to any matter that occurs G6.6 Where applicable the CONTRACT remains in force (c) notices, orders, demands, proposals and after the CONTRACT DATE. following COMPLETION. requirements of any competent authority; G4.2 If any of the DOCUMENTS is not made available G7. NOTICE TO COMPLETE (d) charges, notices, orders, restrictions, agreements before the AUCTION the following provisions apply: G7.1 The SELLER or the BUYER may on or after the and other matters relating to town and country (a) The BUYER may raise no requisition on or AGREED COMPLETION DATE but before planning, highways or public health; objection to any of the DOCUMENTS that is made COMPLETION give the other notice to complete (e) rights, easements, quasi-easements, and available before the AUCTION. within ten BUSINESS DAYS (excluding the date on wayleaves; (b) If the LOT is registered land the SELLER is to give (f) outgoings and other liabilities; which the notice is given) making time of the to the BUYER within five BUSINESS DAYS of the essence. (g) any interest which overrides, within the meaning CONTRACT DATE an official copy of the entries on G7.2 The person giving the notice must be READY TO of the Land Registration Act 2002; the register and title plan and, where noted on the COMPLETE. (h) matters that ought to be disclosed by the register, of all documents subject to which the LOT is G7.3 If the BUYER fails to comply with a notice to searches and enquiries a prudent buyer would make, being sold. complete the SELLER may, without affecting any whether or not the BUYER has made them; and (i) (c) If the LOT is not registered land the SELLER is to other remedy the SELLER has: anything the SELLER does not and could not give to the BUYER within five BUSINESS DAYS an reasonably know about. abstract or epitome of title starting from the root of (a) terminate the CONTRACT; G1.5 Where anything subject to which the LOT is sold title mentioned in the SPECIAL CONDITIONS (or, if (b) claim the deposit and any interest on it if held by would expose the SELLER to liability the BUYER is to none is mentioned, a good root of title more than a stakeholder; comply with it and indemnify the SELLER against fifteen years old) and must produce to the BUYER (c) forfeit the deposit and any interest on it; that liability. the original or an examined copy of every relevant (d) resell the LOT; and G1.6 The SELLER must notify the BUYER of any DOCUMENT. (e) claim damages from the BUYER. notices, orders, demands, proposals and (d) If title is in the course of registration, title is to G7.4 If the SELLER fails to comply with a notice to requirements of any competent authority of which it consist of certified copies of: complete the BUYER may, without affecting any learns after the CONTRACT DATE but the BUYER (i) the application for registration of title made to the other remedy the BUYER has: must comply with them and keep the SELLER land registry; (a) terminate the CONTRACT; and indemnified. (ii) the DOCUMENTS accompanying that application; (b) recover the deposit and any interest on it from G1.7 The LOT does not include any tenant’s or trade (iii) evidence that all applicable stamp duty land tax the SELLER or, if applicable, a stakeholder. fixtures or fittings. relating to that application has been paid; and G8. IF THE CONTRACT IS BROUGHT TO AN END G1.8 Where chattels are included in the LOT the BUYER (iv) a letter under which the SELLER or its If the CONTRACT is lawfully brought to an end: takes them as they are at COMPLETION and the conveyancer agrees to use all reasonable endeavours (a) the BUYER must return all papers to the SELLER SELLER is not liable if they are not fit for use. to answer any requisitions raised by the land registry and appoints the SELLER its agent to cancel any G1.9 The BUYER buys with full knowledge of: and to instruct the land registry to send the registration of the CONTRACT; and completed registration documents to the BUYER. (a) the DOCUMENTS, whether or not the BUYER has (b) the SELLER must return the deposit and any read them; and (e) The BUYER has no right to object to or make interest on it to the BUYER (and the BUYER may (b) the physical condition of the LOT and what could requisitions on any title information more than seven claim it from the stakeholder, if applicable) unless the reasonably be discovered on inspection of it, whether BUSINESS DAYS after that information has been SELLER is entitled to forfeit the deposit under or not the BUYER has inspected it. given to the BUYER. CONDITION G7.3. G1.10 The BUYER is not to rely on the information G4.3 Unless otherwise stated in the SPECIAL CONDITIONS contained in the PARTICULARS but may rely on the the SELLER sells with full title guarantee except that G9. LANDLORD’S LICENCE SELLER’S conveyancer’s written replies to (and the TRANSFER shall so provide): G9.1 Where the LOT is or includes leasehold land and preliminary enquiries to the extent stated in those (a) the covenant set out in section 3 of the Law of licence to assign is required this CONDITION G9 replies. Property (Miscellaneous Provisions) Act 1994 shall applies. not extend to matters recorded in registers open to G9.2 The CONTRACT is conditional on that licence being G2. DEPOSIT public inspection; these are to be treated as within obtained, by way of formal licence if that is what the G2.1 The amount of the deposit is the greater of: the actual knowledge of the BUYER; and landlord lawfully requires. (a) any minimum deposit stated in the AUCTION (b) the covenant set out in section 4 of the Law of G9.3 The AGREED COMPLETION DATE is not to be earlier CONDUCT CONDITIONS (or the total PRICE, if this is Property (Miscellaneous Provisions) Act 1994 shall than the date five BUSINESS DAYS after the SELLER less than that minimum); and not extend to any condition or tenant’s obligation has given notice to the BUYER that licence has been (b) 10% of the PRICE (exclusive of any VAT on the relating to the state or condition of the LOT where obtained. PRICE). the LOT is leasehold property. G9.4 The SELLER must: G2.2 The deposit G4.4 The TRANSFER is to have effect as if expressly (a) use all reasonable endeavours to obtain the (a) must be paid in pounds sterling by cheque or subject to all matters subject to which the LOT is sold licence at the SELLER’S expense; and banker’s draft drawn on an APPROVED FINANCIAL under the CONTRACT. (b) enter into any authorised guarantee agreement INSTITUTION (or by any other means of payment G4.5 The SELLER does not have to produce, nor may the properly required. that the AUCTIONEERS may accept); and BUYER object to or make a requisition in relation to, G9.5 The BUYER must: (b) is to be held as stakeholder unless the AUCTION any prior or superior title even if it is referred to in the (a) promptly provide references and other relevant CONDUCT CONDITIONS provide that it is to be held DOCUMENTS. information; and as agent for the SELLER. G4.6 The SELLER (and, if relevant, the BUYER) must (b) comply with the landlord’s lawful requirements. G2.3 Where the AUCTIONEERS hold the deposit as produce to each other such confirmation of, or G9.6 If within three months of the CONTRACT DATE (or stakeholder they are authorised to release it (and evidence of, their identity and that of their such longer period as the SELLER and BUYER agree) interest on it if applicable) to the SELLER on mortgagees and attorneys (if any) as is necessary for the licence has not been obtained the SELLER or the COMPLETION or, if COMPLETION does not take the other to be able to comply with applicable Land BUYER may (if not then in breach of any obligation place, to the person entitled to it under the SALE Registry Rules when making application for under this CONDITION G9) by notice to the other CONDITIONS. registration of the transaction to which the terminate the CONTRACT at any time before licence G2.4 If a cheque for all or part of the deposit is not cleared CONDITIONS apply. is obtained. That termination is without prejudice to on first presentation the SELLER may treat the G5. TRANSFER the claims of either SELLER or BUYER for breach of CONTRACT as at an end and bring a claim against this CONDITION G9. the BUYER for breach of contract. G5.1 Unless a form of TRANSFER is prescribed by the G2.5 Interest earned on the deposit belongs to the SPECIAL CONDITIONS: G10. INTEREST AND APPORTIONMENTS SELLER unless the SALE CONDITIONS provide (a) the BUYER must supply a draft TRANSFER to the G10.1 If the ACTUAL COMPLETION DATE is after the otherwise. SELLER at least ten BUSINESS DAYS before the AGREED COMPLETION DATE for any reason other AGREED COMPLETION DATE and the engrossment than the SELLER’S default the BUYER must pay G3. BETWEEN CONTRACT AND COMPLETION (signed as a deed by the BUYER if CONDITION G5.2 interest at the INTEREST RATE on the PRICE (less G3.1 Unless the SPECIAL CONDITIONS state otherwise, applies) five BUSINESS DAYS before that date or (if any deposit paid) from the AGREED COMPLETION the SELLER is to insure the LOT from and including later) two BUSINESS DAYS after the draft has been DATE up to and including the ACTUAL the CONTRACT DATE to COMPLETION and: approved by the SELLER; and COMPLETION DATE. (a) produce to the BUYER on request all relevant (b) the SELLER must approve or revise the draft G10.2 Subject to CONDITION G11 the SELLER is not obliged insurance details; TRANSFER within five BUSINESS DAYS of receiving to apportion or account for any sum at (b) pay the premiums when due; it from the BUYER. COMPLETION unless the SELLER has received that (c) if the BUYER so requests, and pays any additional G5.2 If the SELLER remains liable in any respect in relation sum in cleared funds. The SELLER must pay to the
136 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees BUYER after COMPLETION any sum to which the intends; and purposes of their respective capital allowance BUYER is entitled that the SELLER subsequently (c) the BUYER is to indemnify the SELLER against all computations. receives in cleared funds. loss or liability the SELLER incurs through acting as G17. MAINTENANCE AGREEMENTS G10.3 Income and outgoings are to be apportioned at the BUYER requires, or by reason of delay caused by G17.1 The SELLER agrees to use reasonable endeavours to ACTUAL COMPLETION DATE unless: the BUYER. transfer to the BUYER, at the BUYER’S cost, the (a) the BUYER is liable to pay interest; and G13. RENT DEPOSITS benefit of the maintenance agreements specified in (b) the SELLER has given notice to the BUYER at G13.1 This CONDITION G13 applies where the SELLER is the SPECIAL CONDITIONS. any time up to COMPLETION requiring holding or otherwise entitled to money by way of G17.2 The BUYER must assume, and indemnify the SELLER apportionment on the date from which interest rent deposit in respect of a TENANCY. In this in respect of, all liability under such contracts from becomes payable by the BUYER; in which event CONDITION G13 ‘rent deposit deed’ means the deed the ACTUAL COMPLETION DATE. income and outgoings are to be apportioned on the or other document under which the rent deposit is G18. LANDLORD AND TENANT ACT 1987 date from which interest becomes payable by the held. G18.1 This CONDITION G18 applies where the sale is a BUYER. G13.2 If the rent deposit is not assignable the SELLER must G10.4 Apportionments are to be calculated on the basis relevant disposal for the purposes of part I of the on COMPLETION hold the rent deposit on trust for Landlord and Tenant Act 1987. that: the BUYER and, subject to the terms of the rent G18.2 The SELLER warrants that the SELLER has complied (a) the SELLER receives income and is liable for deposit deed, comply at the cost of the BUYER with with sections 5B and 7 of that Act and that the outgoings for the whole of the day on which the BUYER’S lawful instructions. apportionment is to be made; requisite majority of qualifying tenants has not G13.3 Otherwise the SELLER must on COMPLETION pay accepted the offer. (b) annual income and expenditure accrues at an and assign its interest in the rent deposit to the equal daily rate assuming 365 days in a year, and BUYER under an assignment in which the BUYER G19. SALE BY PRACTITIONER income and expenditure relating to some other covenants with the SELLER to: G19.1 This CONDITION G19 applies where the sale is by a period accrues at an equal daily rate during the (a) observe and perform the SELLER’S covenants PRACTITIONER either as SELLER or as agent of the period to which it relates; and and conditions in the rent deposit deed and SELLER. (c) where the amount to be apportioned is not indemnify the SELLER in respect of any breach; G19.2 The PRACTITIONER has been duly appointed and is known at COMPLETION apportionment is to be (b) give notice of assignment to the tenant; and empowered to sell the LOT. made by reference to a reasonable estimate and (c) give such direct covenant to the tenant as may be G19.3 Neither the PRACTITIONER nor the firm or any further payment is to be made by SELLER or BUYER required by the rent deposit deed. member of the firm to which the PRACTITIONER as appropriate within five BUSINESS DAYS of the belongs has any personal liability in connection with date when the amount is known. G14. VAT the sale or the performance of the SELLER’S G14.1 Where a SALE CONDITION requires money to be obligations. The TRANSFER is to include a G11. ARREARS paid or other consideration to be given, the payer Part 1 Current rent declaration excluding that personal liability. must also pay any VAT that is chargeable on that G19.4 The LOT is sold: G11.1 ‘Current rent’ means, in respect of each of the money or consideration, but only if given a valid VAT (a) in its condition at COMPLETION; TENANCIES subject to which the LOT is sold, the invoice. (b) for such title as the SELLER may have; and instalment of rent and other sums payable by the G14.2 Where the SPECIAL CONDITIONS state that no VAT tenant in advance on the most recent rent payment OPTION has been made the SELLER confirms that (c) with no title guarantee; and the BUYER has no date on or within four months preceding none has been made by it or by any company in the right to terminate the contract or any other remedy if COMPLETION. same VAT group nor will be prior to COMPLETION. information provided about the LOT is inaccurate, G11.2 If on COMPLETION there are any ARREARS of incomplete or missing. current rent the BUYER must pay them, whether or G15. TRANSFER AS A GOING CONCERN G19.5 Where relevant: not details of those ARREARS are given in the G15.1 Where the SPECIAL CONDITIONS so state: (a) the DOCUMENTS must include certified copies of SPECIAL CONDITIONS. (a) the SELLER and the BUYER intend, and will take those under which the PRACTITIONER is appointed, G11.3 Parts 2 and 3 of this CONDITION G11 do not apply to all practicable steps (short of an appeal) to procure, the document of appointment and the ARREARS of current rent. that the sale is treated as a transfer of a going PRACTITIONER’S acceptance of appointment; and Part 2 BUYER to pay for ARREARS concern; and (b) the SELLER may require the TRANSFER to be by G11.4 Part 2 of this CONDITION G11 applies where the (b) this CONDITION G15 applies. the lender exercising its power of sale under the Law SPECIAL CONDITIONS give details of ARREARS. G15.2 The SELLER confirms that the SELLER of Property Act 1925. G11.5 The BUYER is on COMPLETION to pay, in addition to (a) is registered for VAT, either in the SELLER’S name G19.6 The BUYER understands this CONDITION G19 and any other money then due, an amount equal to all or as a member of the same VAT group; and agrees that it is fair in the circumstances of a sale by ARREARS of which details are set out in the SPECIAL (b) has (unless the sale is a standard-rated supply) a PRACTITIONER. CONDITIONS. made in relation to the LOT a VAT OPTION that G20. TUPE G11.6 If those ARREARS are not old ARREARS the SELLER remains valid and will not be revoked before G20.1 If the SPECIAL CONDITIONS state ‘There are no is to assign to the BUYER all rights that the SELLER COMPLETION. employees to which TUPE applies’, this is a warranty has to recover those ARREARS. G15.3 The BUYER confirms that: by the SELLER to this effect. Part 3 BUYER not to pay for ARREARS (a) it is registered for VAT, either in the BUYER’S G20.2 If the SPECIAL CONDITIONS do not state ‘There are G11.7 Part 3 of this CONDITION G11 applies where the name or as a member of a VAT group; no employees to which TUPE applies’ the following SPECIAL CONDITIONS: (b) it has made, or will make before COMPLETION, a paragraphs apply: (a) so state; or VAT OPTION in relation to the LOT and will not (a) The SELLER must notify the BUYER of those (b) give no details of any ARREARS. revoke it before or within three months after employees whose contracts of employment will transfer to the BUYER on COMPLETION (the G11.8 While any ARREARS due to the SELLER remain COMPLETION; ‘Transferring Employees’). This notification must be unpaid the BUYER must: (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it; and given to the BUYER not less than 14 days before (a) try to collect them in the ordinary course of COMPLETION. management but need not take legal proceedings or (d) it is not buying the LOT as a nominee for another (b) The BUYER confirms that it will comply with its forfeit the TENANCY; person. obligations under TUPE and any SPECIAL (b) pay them to the SELLER within five BUSINESS G15.4 The BUYER is to give to the SELLER as early as possible before the AGREED COMPLETION DATE CONDITIONS in respect of the Transferring DAYS of receipt in cleared funds (plus interest at the Employees. INTEREST RATE calculated on a daily basis for each evidence: (c) The BUYER and the SELLER acknowledge that subsequent day’s delay in payment); (a) of the BUYER’S VAT registration; (b) that the BUYER has made a VAT OPTION; and pursuant and subject to TUPE, the contracts of (c) on request, at the cost of the SELLER, assign to employment between the Transferring Employees the SELLER or as the SELLER may direct the right to (c) that the VAT OPTION has been notified in writing to HM Revenue and Customs; and if it does not and the SELLER will transfer to the BUYER on demand and sue for OLD ARREARS, such COMPLETION. assignment to be in such form as the SELLER’S produce the relevant evidence at least two (d) The BUYER is to keep the SELLER indemnified conveyancer may reasonably require; BUSINESS DAYS before the AGREED COMPLETION DATE, CONDITION G14.1 applies at COMPLETION. against all liability for the Transferring Employees (d) if reasonably required, allow the SELLER’S after COMPLETION. conveyancer to have on loan the counter part of any G15.5 The BUYER confirms that after COMPLETION the TENANCY against an undertaking to hold it to the BUYER intends to: G21. ENVIRONMENTAL BUYER’S order; (a) retain and manage the LOT for the BUYER’S own G21.1 This CONDITION G21 only applies where the (e) not without the consent of the SELLER release benefit as a continuing business as a going concern SPECIAL CONDITIONS so provide. any tenant or surety from liability to pay ARREARS subject to and with the benefit of the TENANCIES; G21.2 The SELLER has made available such reports as the or accept a surrender of or forfeit any TENANCY and SELLER has as to the environmental condition of the under which ARREARS are due; and (b) collect the rents payable under the TENANCIES LOT and has given the BUYER the opportunity to (f) if the BUYER disposes of the LOT prior to and charge VAT on them carry out investigations (whether or not the BUYER recovery of all ARREARS obtain from the BUYER’S G15.6 If, after COMPLETION, it is found that the sale of the has read those reports or carried out any successor in title a covenant in favour of the SELLER LOT is not a transfer of a going concern then: investigation) and the BUYER admits that the PRICE in similar form to part 3 of this CONDITION G11. (a) the SELLER’S conveyancer is to notify the takes into account the environmental condition of the G11.9 Where the SELLER has the right to recover BUYER’S conveyancer of that finding and provide a LOT. ARREARS it must not without the BUYER’S written VAT invoice in respect of the sale of the LOT; G21.3 The BUYER agrees to indemnify the SELLER in consent bring insolvency proceedings against a (b) the BUYER must within five BUSINESS DAYS of respect of all liability for or resulting from the tenant or seek the removal of goods from the LOT. receipt of the VAT invoice pay to the SELLER the environmental condition of the LOT. VAT due; and G12. MANAGEMENT G22. SERVICE CHARGE (c) if VAT is payable because the BUYER has not G12.1 This CONDITION G12 applies where the LOT is sold G22.1 This CONDITION G22 applies where the LOT is sold complied with this CONDITION G15, the BUYER must subject to TENANCIES that include service charge subject to TENANCIES. pay and indemnify the SELLER against all costs, G12.2 The SELLER is to manage the LOT in accordance provisions. interest, penalties or surcharges that the SELLER G22.2 No apportionment is to be made at COMPLETION in with its standard management policies pending incurs as a result. COMPLETION. respect of service charges. G12.3 The SELLER must consult the BUYER on all G16. CAPITAL ALLOWANCES G22.3 Within two months after COMPLETION the SELLER management issues that would affect the BUYER G16.1 This CONDITION G16 applies where the SPECIAL must provide to the BUYER a detailed service charge after COMPLETION (such as, but not limited to, an CONDITIONS state that there are capital allowances account for the service charge year current on application for licence; a rent review; a variation, available in respect of the LOT. COMPLETION showing: surrender, agreement to surrender or proposed G16.2 The SELLER is promptly to supply to the BUYER all (a) service charge expenditure attributable to each forfeiture of a TENANCY; or a new tenancy or information reasonably required by the BUYER in TENANCY; agreement to grant a new tenancy) and: connection with the BUYER’S claim for capital (b) payments on account of service charge received (a) the SELLER must comply with the BUYER’S allowances. from each tenant; reasonable requirements unless to do so would (but G16.3 The value to be attributed to those items on which (c) any amounts due from a tenant that have not for the indemnity in paragraph (c)) expose the capital allowances may be claimed is set out in the been received; SELLER to a liability that the SELLER would not SPECIAL CONDITIONS. (d) any service charge expenditure that is not otherwise have, in which case the SELLER may act G16.4 The SELLER and BUYER agree: attributable to any TENANCY and is for that reason reasonably in such a way as to avoid that liability; (a) to make an election on COMPLETION under irrecoverable. (b) if the SELLER gives the BUYER notice of the Section 198 of the Capital Allowances Act 2001 to G22.4 In respect of each TENANCY, if the service charge SELLER’S intended act and the BUYER does not give effect to this CONDITION G16; and account shows that: object within five BUSINESS DAYS giving reasons for (b) to submit the value specified in the SPECIAL (a) payments on account (whether received or still the objection the SELLER may act as the SELLER CONDITIONS to HM Revenue and Customs for the then due from a tenant) exceed attributable service
*Please see Important Notices for definition of guide price Next Auction: 14th December 2017 | 137 and auction fees charge expenditure, the SELLER must pay to the G25.2 Where a warranty is assignable the SELLER must: their agreement to such authority) to release it to the BUYER an amount equal to the excess when it (a) on COMPLETION assign it to the BUYER and give person entitled to it under the SALE CONDITIONS provides the service charge account; notice of assignment to the person who gave the G2.4 If a cheque for all or part of the deposit is not cleared (b) attributable service charge expenditure exceeds warranty; and on first presentation the SELLER may treat the payments on account (whether those payments have (b) apply for (and the SELLER and the BUYER must CONTRACT as at an end and bring a claim against been received or are still then due), the BUYER must use all reasonable endeavours to obtain) any consent the BUYER for breach of contract” use all reasonable endeavours to recover the shortfall to assign that is required. If consent has not been from the tenant at the next service charge obtained by COMPLETION the warranty must be G30.2 LANDLORD AND TENANT ACT 1987 reconciliation date and pay the amount so recovered assigned within five BUSINESS DAYS after the The following provisions shall apply in addition to to the SELLER within five BUSINESS DAYS of receipt consent has been obtained. those set out in GENERAL CONDITION 18: in cleared funds; but in respect of payments on G25.3 If a warranty is not assignable the SELLER must after 18.3 Where the provisions of the Landlord and Tenant Act account that are still due from a tenant CONDITION COMPLETION: 1987 and/or the Housing Act 1996 (“the Acts”) apply G11 (ARREARS) applies. (a) hold the warranty on trust for the BUYER; and to the sale of the LOT and the qualifying tenants G22.5 In respect of service charge expenditure that is not (b) at the BUYER’S cost comply with such of the have served all relevant notices in accordance with attributable to any TENANCY the SELLER must pay lawful instructions of the BUYER in relation to the the Acts and have appointed a nominee with the the expenditure incurred in respect of the period warranty as do not place the SELLER in breach of its intention of acquiring the SELLER’S interest in the before ACTUAL COMPLETION DATE and the terms or expose the SELLER to any liability or LOT, the SELLER will inform the BUYER of this as BUYER must pay the expenditure incurred in respect penalty. soon as possible after the date of the CONTRACT of the period after ACTUAL COMPLETION DATE. and of whether the nominee elects to accept the G26. NO ASSIGNMENT Any necessary monetary adjustment is to be made terms of and take over the benefit and burden of the within five BUSINESS DAYS of the SELLER providing The BUYER must not assign, mortgage or otherwise CONTRACT and purchase the LOT. the service charge account to the BUYER. transfer or part with the whole or any part of the BUYER’S interest under this CONTRACT. 18.4 If the nominee does elect to purchase the LOT in G22.6 If the SELLER holds any reserve or sinking fund on accordance with the Acts and pays a deposit to the account of future service charge expenditure or a G27. REGISTRATION AT THE LAND REGISTRY SELLER or the AUCTIONEERS in accordance with depreciation fund: G27.1 This CONDITION G27.1 applies where the LOT is the CONTRACT: (a) the SELLER must pay it (including any interest leasehold and its sale either triggers first registration (a) the SELLER will repay any deposit paid in earned on it) to the BUYER on COMPLETION; and or is a registrable disposition. The BUYER must at its accordance with the CONTRACT to the BUYER but (b) the BUYER must covenant with the SELLER to own expense and as soon as practicable: without any additional payment relating to interest hold it in accordance with the terms of the (a) procure that it becomes registered at Land (b) the CONTRACT shall have effect as if the TENANCIES and to indemnify the SELLER if it does Registry as proprietor of the LOT; nominee had entered into it and the agreement with not do so. (b) procure that all rights granted and reserved by the BUYER shall be null and void and of no further G23. RENT REVIEWS the lease under which the LOT is held are properly effect but without prejudice to the rights of the G23.1 This CONDITION G23 applies where the LOT is sold noted against the affected titles; and SELLER in respect of any previous breach by the subject to a TENANCY under which a rent review (c) provide the SELLER with an official copy of the BUYER register relating to such lease showing itself due on or before the ACTUAL COMPLETION DATE (c) the BUYER shall take all necessary steps to cancel registered as proprietor. has not been agreed or determined. any registrations at Land Registry or Land Charges G27.2 This CONDITION G27.2 applies where the LOT G23.2 The SELLER may continue negotiations or rent Registry entered in respect of the agreement for the comprises part of a registered title. The BUYER must review proceedings up to the ACTUAL sale of the LOT to the BUYER COMPLETION DATE but may not agree the level of at its own expense and as soon as practicable: (a) apply for registration of the TRANSFER; (d) completion of the sale of the LOT to the nominee the revised rent or commence rent review shall take place 22 BUSINESS DAYS after the day on proceedings without the written consent of the (b) provide the SELLER with an official copy and title plan for the BUYER’S new title; and which the nominee complies with the provisions of BUYER, such consent not to be unreasonably the Acts and takes over the CONTRACT withheld or delayed. (c) join in any representations the SELLER may (e) the nominee shall immediately pay to the G23.3 Following COMPLETION the BUYER must complete properly make to Land Registry relating to the AUCTIONEERS the buyer’s fee referred to in the rent review negotiations or proceedings as soon as application. Auctioneers’ Pre-Sale Announcements printed reasonably practicable but may not agree the level of G28. NOTICES AND OTHER COMMUNICATIONS the revised rent without the written consent of the towards the front of the CATALOGUE G28.1 All communications, including notices, must be in 18.5 If the nominee does not comply with the provisions SELLER, such consent not to be unreasonably writing. Communication to or by the SELLER or the withheld or delayed. of the Acts COMPLETION shall be 30 BUSINESS BUYER may be given to or by their conveyancers. DAYS after the date of the SALE MEMORANDUM or G23.4 The SELLER must promptly: G28.2 A communication may be relied on if: (a) give to the BUYER full details of all rent review (if earlier) a date (not earlier than 10 BUSINESS DAYS (a) delivered by hand; or after the date of the SALE MEMORANDUM) which is negotiations and proceedings, including copies of all (b) made electronically and personally acknowledged correspondence and other papers; and 10 BUSINESS DAYS after the SELLER notifies the (automatic acknowledgement does not count); or BUYER in writing that the nominee has served or is (b) use all reasonable endeavours to substitute the (c) there is proof that it was sent to the address of BUYER for the SELLER in any rent review deemed to have served notice of withdrawal under the person to whom it is to be given (as specified in the Acts. proceedings. the SALE MEMORANDUM) by a postal service that G23.5 The SELLER and the BUYER are to keep each other offers normally to deliver mail the next following G30.3 RELEASE OF SELLER FROM COVENANTS IN informed of the progress of the rent review and have BUSINESS DAY. LEASES regard to any proposals the other makes in relation G28.3 A communication is to be treated as received: With regard to the Landlord & Tenant (Covenants) to it. (a) when delivered, if delivered by hand; or Act 1995 (“the 1995 Act”): G23.6 When the rent review has been agreed or (b) when personally acknowledged, if made (a) the SELLER may within the period commencing determined the BUYER must account to the SELLER electronically; but if delivered or made after 1700 on the date of the SALE MEMORANDUM up to for any increased rent and interest recovered from hours on a BUSINESS DAY a communication is to be COMPLETION serve notice on any tenant of the LOT the tenant that relates to the SELLER’S period of treated as received on the next BUSINESS DAY. in accordance with the 1995 Act requesting a ownership within five BUSINESS DAYS of receipt of complete release of the SELLER from future liability cleared funds. G28.4 A communication sent by a postal service that offers normally to deliver mail the next following BUSINESS under the lessor covenants contained in any relevant G23.7 If a rent review is agreed or determined before DAY will be treated as received on the second TENANCIES COMPLETION but the increased rent and any interest BUSINESS DAY after it has been posted. recoverable from the tenant has not been received (b) If the SELLER serves any such notice the SELLER by COMPLETION the increased rent and any interest G29. CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999 shall use reasonable endeavours to obtain such a recoverable is to be treated as ARREARS. No one is intended to have any benefit under the release without being obliged to apply to the Court G23.8 The SELLER and the BUYER are to bear their own CONTRACT pursuant to the Contract (Rights of for a declaration and the BUYER agrees promptly to costs in relation to rent review negotiations and Third Parties) Act 1999. supply at the BUYER’S cost such information as the proceedings. SELLER reasonably requires to satisfy the tenant G30 EXTRA GENERAL CONDITIONS under any relevant TENANCY or the Court that it is G24. TENANCY RENEWALS G30.1 DEPOSIT reasonable to grant the release requested G24.1 This CONDITION G24 applies where the tenant under GENERAL CONDITION G2 shall be deemed to be (c) In the event of the SELLER failing to obtain any a TENANCY has the right to remain in occupation deleted in its entirety and shall be replaced by the such release from the said covenants by under part II of the Landlord and Tenant Act 1954 (as following: COMPLETION or not serving any such notice then, in amended) and references to notices and proceedings G2 DEPOSIT the TRANSFER, the BUYER shall covenant with the are to notices and proceedings under that Act. G2.1 The amount of the deposit is the greater of: SELLER: G24.2 Where practicable, without exposing the SELLER to (a) any minimum deposit stated in the AUCTION (i) to serve notice in writing on the SELLER on liability or penalty, the SELLER must not without the CONDUCT CONDITIONS (or the total PRICE if this is completion or within 5 BUSINESS DAYS after written consent of the BUYER (which the BUYER less than that minimum); and completion of the transfer of the LOT or any part of it must not unreasonably withhold or delay) serve or respond to any notice or begin or continue any (b) 10% of the PRICE (exclusive of any VAT on the by the BUYER to any transferee of the BUYER proceedings. PRICE) (ii) until such time (if ever) that the SELLER is G24.3 If the SELLER receives a notice the SELLER must G2.2 The deposit: released from the lessor’s covenants in any relevant send a copy to the BUYER within five BUSINESS (a) must be paid to the AUCTIONEERS in pounds TENANCY, the BUYER will obtain a covenant from its DAYS and act as the BUYER reasonably directs in sterling by cheque or banker’s draft drawn on an transferee in favour of the SELLER in identical form relation to it. APPROVED FINANCIAL INSTITUTION (or by any (mutatis mutandis) to this clause and the parties will G24.4 Following COMPLETION the BUYER must: other means that the AUCTIONEERS may accept) apply to the Chief Land Registrar to enter in the and (a) with the co-operation of the SELLER take Proprietorship Register of the title to the property immediate steps to substitute itself as a party to any (b) is to be held as agent for the SELLER unless the transferred a restriction preventing the registration of proceedings; SPECIAL CONDITIONS expressly state otherwise any further transfer of the property except under an Provided That where VAT would be chargeable on (b) use all reasonable endeavours to conclude any Order of the Registrar unless the application is the deposit were it to be held as agent for the proceedings or negotiations for the renewal of the accompanied by a certificate by the solicitors of the SELLER, the deposit will be held as stakeholder TENANCY and the determination of any interim rent registered proprietor stating either that the provisions despite any contrary provision in any CONDITION as soon as reasonably practicable at the best rent or of this clause have been performed or that the rents reasonably obtainable; and G2.3 Where the AUCTIONEERS hold the deposit as SELLER has been fully released from future liability stakeholder, then: (c) if any increased rent is recovered from the tenant under the covenants contained in any relevant (whether as interim rent or under the renewed (a) they are entitled with the consent and irrevocable TENANCY authority of the BUYER (which the BUYER hereby TENANCY) account to the SELLER for the part of G30.4 BUYER’S FEE that increase that relates to the SELLER’S period of acknowledges and grants) to release such deposit to the SELLER’S solicitors upon receipt by the The BUYER and, where applicable, the nominee ownership of the LOT within five BUSINESS DAYS of appointed by qualifying tenants under the provisions receipt of cleared funds. AUCTIONEERS of written confirmation from the SELLER’S solicitors that COMPLETION has taken of the Landlord & Tenant Act 1987 (as amended by G24.5 The SELLER and the BUYER are to bear their own place and, for the avoidance of doubt, upon the the Housing Act 1996) shall be jointly and separately costs in relation to the renewal of the TENANCY and AUCTIONEERS releasing the deposit, their liability as liable to pay to the AUCTIONEERS the buyer’s fee any proceedings relating to this. stakeholder shall be discharged referred to in the Auctioneers’ Pre-Sale G25. WARRANTIES (b) if COMPLETION does not take place, the Announcements printed towards the front of the G25.1 Available warranties are listed in the SPECIAL AUCTIONEERS are authorised (and the SELLER and CATALOGUE. The buyer’s fee is payable in respect of CONDITIONS. the BUYER acknowledge and irrevocably confirm each LOT purchased.
138 | *Please see Important Notices for definition of guide price Closing date for next Auction: 16th November 2017 - Entries Invited and auction fees SELL YOUR PROPERTY UNDER THE HAMMER WITH ONE OF THE UK’S LARGEST AUCTION NETWORKS
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