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Thursday 16Th August 2018 2.00Pm 200 St Vincent Street Conference & Events Venue Glasgow G2 5RQ AUCTION VENUE

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Thursday 16Th August 2018 2.00Pm 200 St Vincent Street Conference & Events Venue Glasgow G2 5RQ AUCTION VENUE Thursday 16th August 2018 2.00pm 200 St Vincent Street Conference & Events Venue Glasgow G2 5RQ AUCTION VENUE Thursday 16th August 2018 2.00pm 200 St Vincent Street Conference and Events Venue Glasgow G2 5RQ Next Auction Date 4th October 2018 NOW TAKING ENTRIES FOR THIS AUCTION If you are thinking of selling at auction, one of our Auction valuers will be happy to offer you a free market appraisal and advice. For further information please call Auction House on 0141 339 4466 or 01224 974 139 or email [email protected] auctionhousescotland.com MESSAGE FROM THE AUCTIONEERS Lot 1, Flat 2/2, 110 Knapdale Street Lot 19, Rhinduie, West End, Lybster £54.995+ £50,000+ Lot 38, 61 Barrie Terrace, Ardrossan Lot 42, Flat 2/2, 561 Pollokshaws Road, Glasgow £29,995+ £25,000+ Before the cold and dark nights start to fall • Lot 38 - 2 bedroom flat in Ardrossan: This Welcome upon us. In this Auction we have a variety of would be a great refurb/investor project with properties from buy to let to grand double digit rental yield on completion of the to the last refurbishments. If you are looking for a project necessary works. With a low guide price of then lot 42 Pollokshaws Road could be exactly £29,995+ it is sure to attract high levels of Auction what your looking for. If a buy to let is what interest. you are searching for lot 1 Knapdale Street of the could be the perfect rental. We have some very • Lot 42- South side of Glasgow: This interesting lots in this Auction and you could be traditional flat is waiting for a new owner to Summer, the new owner of a former police box in upgrade and refurb to reveal its true Edinburgh, have a look at lot 40. potential with a low Guide Price of £25,000+ this is a property not to miss. We have a wide range of properties available at this auction at various price levels, here are Remember you can bid in person, on the some highlights. telephone or by completing a non-attending bidding from if you can’t attend the auction in • Lot 1-Knapdale Street: 2 bedroom flat in person. Please get in touch to discuss how you Glasgow in walk in condition, this would be a would like to place your bid. fantastic rental property with a potential income of over £6000 per annum. Guide We are now accepting entries for our next Price £54,995+. auction, please speak to one of our team for a free Auction Valuation. • Lot 19 - Rhinduie: Nearly 50% Off this large 4 bedroom semi detached house, ideal for a Our next auction is the 4th of October at 200 buy to let or a holiday development in the St Vincent Street, Glasgow G2 5RQ at 2.00pm heart of Lybster. Guide Price £50,000+. and we look forward to seeing you there. NEXT AUCTION DATES 4th October 2018 • 29th November 2018 AUCTION INFORMATION Administration Charge Purchasers of some lots will be required to Pre Auction Sales Offers made on property included in this auction pay an Administration Charge to the auctioneer in addition to the may be accepted by the Vendor prior to the auction. If you are deposit - see individual property details. intending to bid at the auction for a specific lot, we recommend that you keep in contact with the Auctioneer's office. Attending the Auction It is always wise to allow sufficient time to get to the auction. Legal packs for most of the properties will be The Auctioneers or Vendors cannot be held responsible for costs available for inspection. It is important you read these and the final incurred in respect of any lot which is withdrawn or sold prior to addendum/amendment sheet which will also be available as any auction. purchase will be subject to these. Post Auction Sales If a property you are interested in is not sold Bidding Each property will be offered individually by the Auctioneer. during the auction please speak to the Auctioneer and make an offer Ensure that your bids are clear and noticed by the Auctioneer. If you at, above or below the Guide. Your offer will be put forward to the are successful in bidding for the property you will be approached by Vendor and if accepted, you will be able to proceed with your a member of Auction House staff who will request your personal purchase under auction rules. information and identification. You will then be guided to our administration area and then the cashier desk for payment of the Proof of Identification In order to comply with Anti-Money deposit. Laundering regulations we ask that all prospective purchasers provide Proof of Identity and Residence. Please bring your passport or Bidding by Proxy or Telephone If you are unable to attend the photographic UK driving licence and a recent utility bill, bank auction you are invited to contact us to discuss special arrangements statement or council tax bill to the auction. If purchasing on behalf for bidding by proxy or telephone. A Non-Attending Bid or Telephone of a company you will also need a letter of authority on company Bid form and conditions are included in auction catalogues or can be letterhead. We will carry out Electronic AML checks on successful downloaded from the Bidding Form links on our website. buyers and remote bidders. It will include a search with Experian who Buyers Premium Purchasers of some lots will be required to pay a may check the details you supply against any particulars on any Buyers Premium to the auctioneer in addition to the deposit - see database (public or otherwise) to which they have access. They may individual property details. also use your details in the future to assist other companies for verification purposes. A record of the search will be retained. Deposit When you sign the Memorandum of Sale you will be asked to pay a deposit of 10% of the purchase price subject to a minimum Reserve Price Each property will be offered subject to a reserve price deposit of £3,000. Deposits can only be paid by electronic bank which we expect will be set within the guide price range or no more transfer, bankers draft, personal cheque, debit card or building society than 10% above a single figure guide. This is a confidential figure set cheque. Cash can be accepted to a maximum of £10,000. Please between the Vendor and the Auctioneer just prior to the auction. It note, should the cheque have to be represented, a processing charge is a figure below which the Auctioneer cannot sell the property during of £60.00 (£50.00 + VAT) will be charged by deduction from the the auction. After the auction offers will be sought and considered deposit. on Unsold Lots at prices below the reserves. Disbursements Some disbursements may become payable by the Solicitors Details The name, address and telephone number of the purchaser on completion, these will be detailed in the Special solicitor who will be acting for you in any purchase will be required Conditions of Sale within the property’s Legal Pack. before you leave the auction room. Disclaimer Particulars on the website and within our catalogue are believed to be correct but their accuracy is not guaranteed. The Catalogue Details of the property and land to be sold are set Information relating to Rating matters has been obtained by verbal out in our catalogue and on our website auctionhouse.co.uk All lots enquiry only. Prospective purchasers are advised to make their own are sold subject to Special Conditions of Sale. It is important that enquiries of the appropriate Authority. All measurements, areas and prospective purchasers satisfy themselves as to the location, distances are approximate only. Potential purchasers are advised to boundaries, condition and state of the lots before the auction. check them. The Contract The Memorandum of Sale will be signed in duplicate. Energy Performance Certificates (EPCs) Where required we include One copy will be given to you, which you must give to your solicitor. EPC ratings within Full Details and on the lot page within our The second copy will be retained by the Vendors’ solicitor. Completion catalogue. When available EPC Graphs can be viewed online at usually takes place after 28 days but this date can vary. The legal auctionhouse.co.uk. pack of each property will state the completion date due. The date may also be announced immediately prior to the commencement of General Data Protection Regulations (GDPR) This defines new bidding of each lot. customer rights and company obligations introduced on 25th May 2018. For full details please refer to the Privacy Policy showing on The Legal Aspect Buying at auction is a contractual commitment. our website www.auctionhouse.co.uk/scotland. Before making an offer prior to auction or bidding at the auction or post auction, it is advisable to consult a solicitor regarding the *Guide Prices Guide prices quoted online and in the catalogue are General and Special Conditions of Sale, the local authority search and provided as an indication of each seller’s minimum expectation. They other legal documentation. are not necessarily figures which a property will sell for and may change at any time prior to the auction. The sale price will be Viewing Due to the nature and condition of auction properties we dependent on bidding in the auction room and on the Vendors' highlight the potential risk that viewing such properties carries and instructions. advise all to proceed with caution and take necessary requirements Insurance On some properties the seller will continue to insure to ensure their own safety whilst viewing any lot in this catalogue.
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