Auction Dates for 2016/2017 Residential & Commercial Property Auction 15th December 16th February 2017 27th April 2017 8th June 2017 27th July 2017 21st September 2017 The Centenary Suite, Nottingham Racecourse, Colwick Park, Colwick Road, Nottingham NG2 4BE

savills.co.uk/auctions Thursday 20th October 2016 at 2.30 pm

Contents

Auction Venue 2

Information 3

Viewings List, Order of Sale and Guide Prices 4

Auction Notices 5

Common Auction Conditions of Sale 23

Savills Extra Conditions of Sale 29

Sale Memorandum 30

Remote Bidding Form 32

By Order of: Nottinghamshire County Council Nottingham City Council

Anglian Water ASRA

Joint Agents: Cushman & Wakefield, Birmingham NG Chartered Surveyors

FHP Property Consultants

Auction Team

Robert Crocker Katie Riley Brian Daniel Claire Brice Chris Charlton Victor Ktori Jo Pearson

The Office Enfield Chambers 18 Low Pavement, Nottingham NG1 7DG T 0115 934 8080 F 0115 934 8001 www.savills.co.uk/auctions Follow us on Twitter @SavillsAuctions

1 Auction Venue

30 Lots A residential and commercial auction, including freehold and leasehold property and land for occupation, investment and development

Thursday 20th October 2016 at 2:30 pm The Centenary Suite – Nottingham Racecourse Colwick Park, Colwick Road Nottingham NG2 4BE T 0870 850 7634 F 0115 958 4515

D A O R N O L T R A H C U 8 6 N 6 T B I N G D O N S T R E E T COLWICK WOOD

N O T T I N G H A M M A I N L I N E R A I L W A Y S T A T I O N

M O A D K R A C W I A D N L R O C O E V I D E S E A L R D S E T T R E S A L S C A N T N O T T I N G H A M R A C E C O U R S E R E E T E T N S T R E D S T A T I O A L O R O E N I D D E S O L D A Q U E E N S R O A D N B 6 8 6 COLWICK

R O PARK A

D

E N A L L A D W Y

O B D A T A Y R N E IVER TRE B M R

I 1 D 1 G 0 E 6 A

2 Information

Step one: Before the auction 1 Guide Prices Please note that guide prices either quoted within this catalogue or available separately should not be relied upon to reflect the value of the individual properties. They are indicative only and are subject to variation during the period of marketing the property. Eventual sales prices can be above as well as below guide prices quoted, with the final sales price dependent upon demand and completion during the Auction marketing period. Viewings If you are interested in a particular property, please check the viewing schedule on page 4. Please note, some investment properties that are let may not be available for internal viewing and in some instances pre-arranged block viewings will apply. Deposit and finance Arrange your deposit prior to the sale day. A 10% (minimum of £1,000 plus Buyer’s Fee) is due on the fall of the hammer. Payment is accepted by personal cheque, banker’s draft, solicitor’s client account cheque or debit card (purchasers must have a PIN number for the card they intend to use). Deposit payments by cash or credit cards are not accepted. Any questions? If you have any questions or wish to talk about any aspect of buying at the sale please ring us on 0115 934 8080. Step two: On the sale day 2 Check availability You are strongly advised to check the property has not been sold prior to the Auction, as some sellers may accept an offer in advance. Be prepared Arrive in plenty of time to check if there are any late amendments. Read through the legal package if you have not already received that information. An addendum/alteration list may be available showing any last minute changes. Your purchase will be subject to this. Check lot numbers Make sure you know what lot number relates to your property. The sale will proceed quite quickly, so familiarise yourself with the order of sale (page 4) to avoid disappointment. How to bid Each property will be offered individually by the Auctioneer who will invite you to bid for the property. Make sure you attract his attention if you intend to bid. A raised arm or catalogue is the most effective way to make sure you are noticed – a raised finger or a nod of the head may not be seen. Each property will be ‘knocked’ by the Auctioneer quite clearly. The purchase If your bid is successful, you should fill in the Purchaser’s Form and hand it to a Savills representative. You should then report to the Contracts Area to complete the contracts and supply the deposit monies, Buyer’s Fee together with your form of identification. What next? You are then free to leave the sale secure in the knowledge that you have purchased the property of your choice (with the completion date set generally 28 days from the day of sale), or of course, return to the sale room if you are interested in any of the other lots. To order your copy of our next catalogue, please call Savills on 0115 934 8080 or online at www.savills.co.uk/auctions Our next sale will be held on 1st September 2016. Legal advice Buying at Auction is a contractual commitment and we recommend you take legal advice. In addition to studying the Notices to Prospective Buyers and the General Conditions of Sale, separate legal documents for each property will be available for inspection at the Auction Sale. Alternatively a package of legal documentation can be sent to you at a cost of £25 per lot. Please make cheques payable to Savills (UK) Limited and specify which properties you require, with your correspondence details. You should check with Savills or the relevant solicitors for each lot prior to the auction, to see whether any alterations have been made. An addendum may be available on the sale day. A representative of the solicitors may also be in attendance to help with enquiries. Remember: Cheque book, banker’s draft or cash for the deposit and Identification documentation Step three: Can’t get to the auction? 3 Proxy bidding By prior agreement, the Auctioneer will bid on your behalf up to an agreed limit. You will be contacted after the sale regarding the outcome. Telephone bidding It is possible for us to receive bids over the telephone in the auction room by prior arrangement, please contact the Auction Office on 0115 934 8080. Online bidding It is possible for us to receive bids online in the auction room by prior arrangement, please contact the Auction Office on 0115 934 8080. If you wish to utilise these services, please complete the form and read the relevant terms and conditions included on page 32. It is your responsibility to ensure the forms are received by Savills at least two full working days before the Auction.

3 Order of Sale, Viewings List & Guide Prices

There is no need to pre-register with the Auction Office before you attend a viewing. Where specified, prospective buyers are asked to attend the viewings listed at the start times detailed. Each viewing lasts between 20-30 minutes. Please be prompt as it may not be possible to accommodate any late arrivals. Please view the individual entry for viewing details. Viewers are advised to check the availability of properties prior to your journey. Savills will not be responsible for any abortive costs should a property be sold or withdrawn prior to the viewing date. All viewings are conducted at the risk of prospective buyers. Savills and their clients take no responsibility for any accidents, losses or injury incurred while viewing the properties. Please contact Savills on 0115 934 8080 for details of viewings not listed or with any queries.

LOT Address of Property Guide Price Viewing Schedule (To Commence Friday 30th September) 1 23 Jackson Terrace, Meden Vale, Mansfield, Nottingham NG20 9PP £45,000 to £50,000 Friday/Saturday 12 noon

2 Plot I, Coney Green Business Park, Clay Cross, Derbyshire £310,000+ To site. Contact Jo Pearson on 0115 934 8024.

3 92 Exeter Road, Forest Fields, Nottingham NG7 6LS £80,000 to £90,000 Friday/Saturday 11.30 am

4 Land at the Corner of Sherwood Street/Debdale Lane, Mansfield Woodhouse, Nottingham NG19 9NE £50,000 to £60,000 To site

Viewing strictly by prior appointment. 5 36 Sadler Gate, Derby DE1 3NR £225,000 to £250,000 Please contact Jo Pearson on 0115 934 8024.

6 Flat 102 High Point, Noel Street, Forest Fields, Nottingham NG7 6BP £30,000 to £35,000 Friday/Saturday 12.15 pm

7 Retford Road, Worksop S80 2PU £300,000 to £350,000 Please contact Jo Pearson on 0115 934 8024.

8 11 Hillcrest Road, Stockport SK2 5QJ £225,000 to £250,000 Sundays 9th and 16th October 12.30 pm

9 Former Anglian Water Site, Main Road, Drayton Parslow, Buckinghamshire £5,000+ To site

10 Development Site, 602 Wells Road, St Anns, Nottingham NG3 5GJ £150,000 To site Viewing strictly by prior appointment. 11 Abbey Street, Ilkeston, Derbyshire DE7 8DN £215,000+ Please contact Jo Pearson on 0115 934 8024. 12 14 East View, Whaley Thorns, Nether Langwith, Mansfield NG20 9BB £40,000 to £45,000 Friday/Saturday 11.00 am

Wednesday 12th October 10am – 12pm 13 CET, Clayfield Industrial Estate, Tickhill Road, Balby, Doncaster DN4 8QG £75,000+ Please contact Jo Pearson on 0115 934 8024.

14 Aqueduct Farm, Shenton, Nuneaton CV13 6DP £200,000+ Strictly by appointment.

15 The Vicarage, 1 Stoney Lane, Glentworth, Lincolnshire DN21 5DF £185,000 Contact Bob Crocker 0115 934 8023.

16 Land at 11 Cross Lane, Royston, Barnsley S71 4AT £55,000 To Site. Please contact Jo Pearson on 0115 934 8024.

17 137/139 Bransdale Road, Clifton, Nottingham NG11 9GH £80,000 to £85,000 Friday/Saturday 2.15 pm

18 31A The Triangle, Ilkeston, Derbyshire DE7 4AP £60,000 to £70,000 Contact Bob Crocker 0115 934 8023.

Viewing strictly by prior appointment. 19 Homenene House, Bushfield, Orton Goldhay, Peterborough PE2 5PP £225,000 to £250,000 Please contact Jo Pearson on 0115 934 8024.

20 19 Brooklands Drive, Carlton, Nottingham NG3 7AL £80,000 to £100,000 Friday/Saturday 3.00 pm

21 215 Mansfield Road, Sherwood, Nottingham NG1 3FS £200,000 Friday/Saturday 1.00 pm

22 Former Anglian Water Site, Low Road, Dovercourt, Harwich CO12 3TZ £10,000 to £15,000 To site

23 14 Lanchester Gardens, Talbot Road, Worksop, Mansfield S80 2PN £25,000 Contact Bob Crocker 0115 934 8023.

24 Former Anglian Water Site, Bromham Road, Biddenham, Bedfordshire £15,000+ To site

25 11 Private Road, Sherwood, Nottingham NG5 4DD £375,000 Fridays and Saturdays at 10.30 am.

Thursday 6th October 10.00 am Wednesday 12th October 3.00 pm 26 54 Victoria Road, Netherfield, Nottingham NG4 2HG £150,000 to £165,000 Please contact Jo Pearson on 0115 934 8024.

27 38 Lambley Lane, Gedling, Nottingham NG4 4PA £250,000 Friday/Saturday 2.00 pm

Wednesday 5th October 10.30 am Thursday 13th October 3.00 pm 28 11/11A Brightmoor Street, Nottingham NG1 1FD £325,000 to £350,000 Please contact Jo Pearson on 0115 934 8024. Land for sale at the Junction of Oakfield Lane/Sherwood Street, Market Warsop, 29 £25,000 to £30,000 To site Nottingham NG20 0JY Viewing strictly by prior appointment. Please contact 30 Coach Gap Lane Industrial Park, Coach Gap Lane, Langar, Nottinghamshire £200,000 to £240,000 Jo Pearson on 0115 934 8024 or Victor Ktori on 0115 934 8050.

4 Auction Notices

Important Notice to Prospective Buyers 1. Particulars of Sale 5. Conditions of Sale 1.1 Prospective Buyers are advised to check the particulars of any property which have been 5.1 The properties contained in this catalogue are being sold on the basis of individual contracts prepared in all good faith to ensure that they are satisfied as to the accuracy of all with general and special conditions of sale relating to each of the properties. The buyer measurements, areas, details of leases and all other matters subject to which the property is should note that the contracts and conditions of sale relating to a particular property may be sold or has the benefit of. This should be done by making an inspection of the property and obtained from Savills or the sellers legal advisors. by making all necessary enquiries of your professional advisors and Savills. The Prospective 5.2 Prospective Buyers should note that there may be additions or amendments to the Buyer should also make all necessary searches and enquiries of appropriate authorities Particulars or Conditions of Sale. An Addendum relating to these amendments will be including local authority. All measurements, areas and distances referred to in the particulars available at the Auction. The Addendum will be attached to the sale Contract and will form are approximate only and given as a guide. part of the Contract for Sale. 1.2 No warranty is given as to the accuracy of any photographs in the catalogue relating to the 5.3 Buyers will be deemed to have read and considered the Particulars, Conditions and particular property to be offered for sale. They are provided to assist only on the location of Addendum and have full knowledge of these and all documents and other matters referred the property. They should not be deemed to show the extent of the said property and no to. assumptions should be made with regard to parts not photographed. 5.4 Prospective Buyers are strongly advised to consult their legal advisers in respect of the 1.3 Prospective Buyers shall be deemed to have inspected the relevant property and to have matters referred to in this paragraph. made all necessary and appropriate enquiries and searches. It should not be assumed that 6. Prior Sales the property has all necessary planning, building regulation or other consents and interested 6.1 Prospective Buyers are strongly advised that they should contact Savills on the morning of parties should make their own enquiries in this regard. the Auction to enquire whether a particular lot will be offered for sale at Auction or whether it 1.4 Descriptions of the property are subjective and used in good faith as an opinion and not as a has been withdrawn or sold. statement of fact. Please make further specific enquiries to ensure that our descriptions are 6.2 Neither Savills nor the Seller will be responsible for any losses or abortive costs incurred by likely to match expectations you may have of the property. Prospective Buyers in respect of Lots which are either withdrawn or sold prior to the Auction. 1.5 All statements contained in this catalogue relating to the properties on offer are made without 7. Sale of Property responsibility on the part of Savills or their client. None of the statements may be relied upon 7.1 Buyers should note that a legally enforceable Contract of Sale of the relevant property arises as statements or representations of fact and any intending purchaser must satisfy themselves as soon as it has been “knocked down” to the Buyer at the Auction. by inspection or otherwise of the correctness of each of the statements. The particulars of any property do not form any part of an offer or a contract. 7.2 On a property being sold, the successful bidder will be given a Purchaser’s form by Savills. The bidder must complete the Purchaser’s form with the required information and pay the 1.6 The vendor does not make or give and neither Savills nor any person in their employment has required deposit. In default of such information being provided at once Savills will be entitled any authority to make or give any representation or warrant any oral or written information to re-submit the property for sale and may treat the Buyer as being in breach of Contract. about or in relation to the property or the sale whether in the particulars or otherwise. Such action will be taken without prejudice to any claim there may be against the Buyer for 1.7 Any information which is supplied by Savills or any person in their employment in the breach of Contract. particulars or subsequently is given entirely without responsibility and should not be relied 7.3 Before the end of the Auction, the successful bidder should arrange for the Contracts to be upon as a representation or warranty by the vendor or Savills. If you do require any signed by or on behalf of the Buyer. representation or warranty about or in relation to the property or the sale please write to the specified solicitors in respect of each lot. 7.4 Unless otherwise stated in the Conditions of Sale, the property will be at the Buyer’s risk on 2. Inspection being sold at the Auction. The Buyer should make his own arrangement for insurance immediately. Inspection of properties can only be made by prior arrangement and with the consent of Savills. They should be approached to make the appropriate arrangements. 8. Deposit 3. Structure, Contamination & Equipment 8.1 A deposit of 10% of the Purchase Price subject to a minimum of £1,000 per lot on the relevant property being “knocked down”. This provision may be amended by the Special 3.1 Prospective Buyers are strongly advised to consult their professional advisers in respect of Conditions of Sale which the Purchaser should check. Cash deposits are not acceptable. the structure and possible contamination or pollution of any property to be sold. If necessary a full structural and environmental survey should be carried out by a professional qualified 8.2 The deposit should be paid when the Purchaser’s Form is completed, along with a separate person. Buyer’s Fee for £750 (plus VAT) payable to Savills (UK) Limited. 3.2 No representation, warranty or undertaking whatsoever is made or intended to be made in 8.3 A separate deposit will be requested in respect of each lot purchased made payable to the respect to: relevant solicitors. (a) the state of the structure of any property or any fixtures fittings or other items expressed 8.4 Unless otherwise specified, cheques will be accepted. Cheques must be drawn on a bank or to be included in the sale of any property branch of a bank in the United Kingdom. Any other cheques may be rejected. (b) the type of structure or whether such structure is adequate or properly constructed or 9. Plans otherwise whatsoever in relation to the state of repair or suitability of such structure or the All plans and photographs in the catalogue are there to assist buyers in identifying the lots fixtures fittings or other equipment thereon offered and are not guaranteed to be to scale or to indicate the exact boundaries of the (c) whether or not there is any contamination or pollution in relation to the property to be sold property being offered. Buyers are advised to view the Special Conditions and full legal or any other property in the neighbourhood documentation in respect of the precise interest to be sold. (d) whether or not it complies with any legislation relating to the environment or Extracts from A-Z Plans are reproduced by permission of Geographer’s A-Z Map Co. Ltd – contamination, pollution or dangerous or potentially dangerous substances. Licence No. A0263. 4. Notice to Prospective Buyers Extracts from Ordnance Survey Plans are © Crown Copyright – Licence No. 100018190. All purchasers of houses in multiple occupancy are advised to make their own enquiries with the Based on Ordnance Survey 2005. Not to Scale – for identification purposes only. statutory authorities and are deemed to have made these enquiries prior to purchase. Extracts from Goad Plans are reproduced by permission of Experian Goad – Licence No. PU100017316. Not to Scale – for Identification purposes only. IMPORTANT NOTICE PLEASE NOTE THAT any person buying or bidding at auction, MUST produce documentation to confirm their name and residential address. Please find below a schedule of acceptable documentation. You must provide one document from each list and a copy to be retained by the auctioneers Identity documents: Evidence of address: • Current signed passport • Current full UK driving licence (old version) • Current UK Photo card driving licence (Provisional Driving Licence will not be accepted) • Current full UK driving licence (old version) • A utility bill issued within the last 3 months (Provisional Driving Licence will not be accepted) • Local authority tax bill (current year) • Resident permit issued by the Home Office to EU Nationals • Bank, building society or credit union statement • Inland Revenue Tax Notification • Most recent mortgage statement from a UK lender • Firearms Certificate Please note that a driving licence can be used as evidence for either one or the other BUT NOT BOTH

5 Unable to Attend the Auction

There are other ways to bid IMPORTANT All forms must be sent by registered post to arrive at our offices 1. Telephone Bidding no later than two working days prior to the Bid via the phone Auction

Please enclose:

A completed Telephone/Proxy/Online Bidding Form 2. Proxy Bidding (see page 32) Leave us your maximum bid prior to the Auction and we will do the rest for you Two cheques made payable to Savills UK Ltd

1. Certified copies of Photo ID

3. Online Bidding 2. Copy of Certified Proof of Address Live bidding direct from your computer 3. Certificate of Incorporation if Purchased in a Company’s Name

Further Information

Please note pre-registration and deposit cheques are required to use any of the above services

Follow us on Twitter @SavillsAuctions

To sign up for email alerts please visit savills.co.uk/auctions

6 Mailing List Application

Mailing List Application Form

Should you wish to receive future auction catalogues directly from our mailing house, please complete the form below and return it to us together with a cheque in the sum of £25, payable to Savills (UK) Limited or complete the card details box below. This will entitle you to receive catalogues for the next 12 months.

Please print clearly

Savills, Enfield Chambers, 18 Low Pavement, Nottingham NG1 7DG Tel: 0115 934 8080 Please register me on your Mailing List for the auction catalogue

I/We attach a cheque for £25

Full Name(s)

Company

Address

Post Code

Email

Tel

Date Signature

Please complete in BLOCK CAPITALS Please debit my: Mastercard Visa Switch

Card Number:

Expiry Date __ /__ Start date (Switch only): __ /__ Issue No. ___

Card Security Code: The final 3 digit number on the back of your card, on the top of the signature strip

Name ______Signature ______

Address ______

______

______Postcode ______

Telephone ______

7 LOT 23 Jackson Terrace 1 Meden Vale, Mansfield, Nottingham NG20 9PP A traditional end of terrace property offering accommodation in need of some upgrading and modernisation Guide Price – £45,000 to £50,000 Tenure Note Freehold, with full vacant possession. Purchasers are to be made aware that an additional charge is to be collected on completion by the sellers Description to cover the costs incurred in selling of the property, • Three bedroom accommodation arranged over two details are contained within the auction contract. floors, set within a popular established location Solicitors • Ground floor comprises an entrance porch with Shakespeares Solicitors store off, inner hallway with access to the lounge, 2 Colton Square, Leicester LE1 1QH separate kitchen and further rear lobby area with For the attention of: Katherine Harvey. WC off Tel: 0116 254 5454. • There are three bedrooms to the first floor, with a Viewing separate WC and bathroom to the half landing Friday and Saturday at 12.00 noon. • The property benefits from double glazing and gas-fired central heating (not tested) EPC Rating • There is an easy to manage garden to the rear D • Ideal opportunity for owner occupier or investor Ref: RWC

LOT Plot I, Coney Green Business Park 2 Clay Cross, Derbyshire Development Site Guide Price – £310,000+ Tenure Solicitors Freehold, with full vacant possession. DWF LLP Great North House, Sandyford Road, Newcastle upon Tyne Description NE1 8ND • The property is in the ownership of the HCA and is For the attention of: Phil Dunn. situated on the south side of the A6175, 5 miles south- Tel: 0191 233 9717. west of Junction 29 of the M1 Email: [email protected] • Immediately to the west of the site is the town of Clay Cross, which has a population of around 9,000 VAT residents. Approximately 8 miles to the north lies the Interested parties are advised to refer to the Special town of Chesterfield with a population of around Condition of Sale for confirmation of whether VAT will be 100,000 payable in addition to the purchase price. • The site is accessed from Railway View, which in turn EPC Rating connects withConey Green Road and nearby occupiers Not applicable. include IKO, Jacksons The Bakers Limited and numerous occupiers on the recently developed Coney Viewings Green Business Centre To site. Contact Jo Pearson on 0115 934 8024. • The site extends to approximately 5.42 acres (2.19 hectares) suitable for uses within B1, B2 and B8 Ref: VK/JP

LOT 92 Exeter Road 3 Forest Fields, Nottingham NG7 6LS A traditional terraced property offered for sale subject to four Assured Shorthold Tenancies with an annual rental income of approximately £16,600 (gross) Guide Price – £80,000 to £90,000 Tenure Note Freehold, subject to four Assured Shorthold Tenancies. At the time of going to print not all the rooms have been inspected by a member of Savills the auctioneers Description staff. • An established investment opportunity set within a popular convenient location EPC Rating • Accommodation arranged over three floors with a E dining kitchen and bathroom to the ground floor Viewings • A popular location well served by a wealth of Friday and Saturday at 11.30am. established amenities. Ideal investment opportunity REF: RWC Solicitors Massers Solicitors 9 Tudor Square, West Bridgford, Nottingham NG2 6BT For the attention of: Tim Brooke. Tel: 0115 851 1666.

8 LOT Land at the Corner of Sherwood Street/Debdale Lane 4 Mansfield Woodhouse, Nottingham NG19 9NE An excellent opportunity to acquire a small parcel of land, offered for sale with the benefit of planning permission to create four apartments set within the heart of Mansfield Woodhouse, well served by a wealth of amenities Guide Price – £50,000 to £60,000 Tenure Solicitors Freehold, with full vacant possession. Underwood Vinecombe, Telford House, Outram's Wharf, Little Eaton, Derby DE21 5EL Description For the attention of: Dan Furness. • The site may lend itself to other forms of Tel: 01332 836661. development, subject to receiving the Email: [email protected] necessary planning permission Planning Authority • As mentioned, the site benefits from full Mansfield District Council, Civic Centre, Chesterfield planning permission (Ref: 2005/0861/NT) Road South, Mansfield, Nottinghamshire NG19 7BH from Mansfield District Council. Copies of Tel: 01623 463463. the planning notices are held at Savills, the Auctioneers office in Nottingham Viewings Plan not to scale To site. Crown Copyright reserved. Ref: RWC This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office.

LOT 36 Sadler Gate 5 Derby DE1 3NR Freehold retail investment in Derby city centre Guide Price – £225,000 to £250,000 Tenure Solicitors Freehold, subject to existing leases. Cleggs Solicitors, Apex Court, Ruddington Lane, Wilford, Nottingham NG11 7DD Description For the attention of: Leah McSherry. • Grade II listed mid terrace property with A3 (Restaurant) consent Tel: 0115 977 5877. • Currently fitted out as a bar/restaurant over three floors, Email: [email protected] benefitting from a sufficient basement • Let to Annie’s Bar & Grill on a 10 year FRI lease from VAT 16th September 2015 It is understood that VAT is applicable. • Passing rent is £20,000 pax rising to £25,000 pax from EPC Rating 12th June 2017 C-73 • The property provides the following approximate floor areas: Viewings Floor Accommodation Viewing strictly by prior appointment. Please contact Jo Pearson on 0115 934 8024 or Victor Ktori on Ground Floor 77.3 sq m (832 sq ft) 0115 934 8171. First Floor 77.7 sq m (837 sq ft) Second Floor 48.2 sq m (519 sq ft) Joint Agent Total 203.2 sq m (2,188 sq ft) FHP Property Consultants Ref: VK/JP The above floor areas have been provided by our Joint Agent, FHP Property Consultants and should be used for guidance purposes only. Prospective purchasers are advised to undertake their own measured survey of the property prior to purchase.

LOT Flat 102 High Point, Noel Street 6 Forest Fields, Nottingham NG7 6BP A top floor one bedroom flat offered for sale in good condition ready for immediate occupation

Guide Price – £30,000 to £35,000 Tenure Solicitors Leasehold, with full vacant possession. Invictus Lawyers Foxhall Business Centre, Foxhall Road, Description Nottingham NG7 6LM • A one bedroom top floor flat offered for sale with full Tel: 0115 845 6555. vacant possession, ideal opportunity for investor/owner occupier Note • Fitted kitchen, with refurbished bathroom with shower At the time of going to print, the property has not been over inspected internally by a member of Savills, the Auctioneers staff. • Communal entrance lift, established location close to a wealth of amenities including Nottingham’s tram system EPC Rating • Previously let with a rental income of £450 per calendar C month, vacant possession Viewings Friday and Saturday at 12.15 pm REF: RWC

9 LOT Retford Road 7 Worksop S80 2PU Rare commercial development site

Guide Price – £300,000 to £350,000

Tenure Solicitors Long Leasehold for 250 years, subject to a Bond Dickinson peppercorn ground rent. Oceana House, 39-49 Commercial Road, Southampton SO15 1GA Description Contact: Nicholas Brown. • The property is located approximately Tel: 02380 208348. 2.9 miles to the south-east of Worksop Email: [email protected] town centre, being approximately 10 miles from Junction 30 of the M1 Motorway and VAT 2.7 miles from the A1, accessed off Retford Interested parties are advised to refer to the Road (B6079) Special Condition of Sale for confirmation of • Nearby occupiers include Walkers Vauxhall, whether VAT will be payable in addition to the B&Q and Bannatyne Health Club, to name purchase price. but a few • The site extends to approximately EPC Rating 0.929 hectares (2.295 acres), suitable for a Not applicable. variety of uses subject to planning permission Viewings Viewing strictly by prior appointment. Joint Agent Please contact Jo Pearson on Cushman Wakefield. 0115 934 8024. Plan not to scale

Crown Copyright reserved. This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office. Ref: VK/JP

LOT 11 Hillcrest Road 8 Stockport SK2 5QJ A modern detached property set within a residential location, well served by a wealth of local amenities

Guide Price – £225,000 to £250,000

Tenure • An excellent opportunity to acquire Freehold, with full vacant possession. traditional family accommodation within an established convenient location Description • A modern four bedroom detached Solicitors residence set within the Offerton area of Chafes Solicitors Stockport, approximately 1.5 miles Alderley Road, Wilmslow SK9 1JX south-east of the town centre For the attention of: Rachael Barrow. • Constructed in the late 1990s of brick Tel: 01625 585404. under a pitched tiled roof, the property benefits from UPVC double glazing Note • To the ground floor, there is an entrance At the time of going to print, the property has hall with cloakroom off, a lounge, separate not been inspected internally by a member of dining room with further family room and Savills, the Auctioneers staff. kitchen open to a utility/rear hall • The master bedroom is equipped with an EPC Rating en-suite shower room and there is a further Applied for. principal family bathroom Viewings • Set on an easy to manage corner plot with Sunday 9th and 16th October at 12.30 pm. gardens to both front and rear, there is a Plan not to scale detached garage Ref: RWC Crown Copyright reserved. This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office.

10 LOT Former Anglian Water Site 9 Main Road, Drayton Parslow, Buckinghamshire Opportunity to acquire a former Anglian Water site Guide Price – £5,000+ Tenure Solicitors Freehold, with full vacant possession. Anglian Water Services Limited Legal Department, Lancaster House, Description Lancaster Way, Ermine Business Park, • Located in Drayton Parslow, an attractive Huntingdon PE29 6XU village in the Aylesbury Vale district of FAO: Lorraine Swann. Buckinghamshire Tel: 01480 323059. • Former pumping station Email: [email protected] • Site extends to approximately 0.048 acres VAT • Potential for redevelopment or alternative uses, subject to obtaining the necessary We understand that the purchase of this site consent is not subject to VAT.

Note EPC Rating Potential purchasers are advised to refer to Not applicable. the Special Conditions of Sale in the legal Viewings pack for further information about the site. Plan not to scale To site. Crown Copyright reserved. This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office. Disclaimer At the time of going to print, these premises have not been inspected by a member of the Savills Auction Team.

Ref: VK/JP

LOT Development Site, 602 Wells Road 10 St Anns, Nottingham NG3 5GJ An excellent opportunity to acquire an individual development site, set within a popular established location

Guide Price – £150,000+

Tenure Solicitors Freehold, with full vacant possession. Stephensons Solicitors First Floor, Sefton House, Northgate Close, Description Horwich, Bolton BL6 6PQ • Offered with full planning permission For the attention of: Jonathan Waterhouse. (Ref: APPNO15/00014/PFUL3) dated Tel: 01942 778058. 8th July 2015, for the creation of 16 x three Artist’s impression and two bedroom apartments Note • The property, once built, will stand within Copies of the relevant planning documents an established location, well served by a are available for inspection at the Nottingham wealth of local amenities and excellent Office of Savills the Auctioneers. commuter routes to the city and surrounding areas Planning Authority Nottingham City Council Loxley House, Station Street, Nottingham NG2 3NG Tel: 0115 876 4447.

Viewings To site.

Ref: RWC

Artist’s impression

11 LOT Abbey Street 11 Ilkeston, Derbyshire DE7 8DN Well located industrial unit with large yard Guide Price – £215,000+ Tenure Solicitors Freehold, with full vacant possession. Miles & Cash Solicitors 2 Godfrey Street, Heanor, Derbyshire DE75 7GD Description For the attention of: Alastair Ross. • Situated within an established industrial location to Tel: 01773 530000. the north of Ilkeston town centre, occupying a Email: [email protected] prominent site at the junction of Abbey Street and Lower Bloomsgrove Road VAT • Nearby occupiers include Tesco Extra, Halfords VAT is not applicable on this property. Autocentre, KFC, Vets 4 Pets and McDonald’s EPC Rating • The property comprises a workshop and substantial The premises are exempt from an EPC. yard on a self-contained site, extending in total to approximately 0.105 hectares (0.259 acres) Viewings • The workshop is of a steel portal frame construction Viewing strictly by prior appointment. and extends to approximately 393.26 sq m (4,233 Please contact Jo Pearson on 0115 934 8024. sq ft) Ref: VK/JP

LOT 14 East View, Whaley Thorns 12 Nether Langwith, Mansfield NG20 9BB A modern mid terrace property set within a cul-de-sac in a popular residential location Guide Price – £40,000 to £45,000 Tenure Note Freehold, with full vacant possession. At the time of going to print, the property has not been inspected internally by a member of Savills, the Description Auctioneers staff. • An ideal opportunity for an owner occupier or investor to acquire easy to manage accommodation Note • Ground floor comprising entrance hall with Purchasers are to be made aware that an additional cloakroom, lounge and dining kitchen charge is to be collected on completion by the sellers to cover the costs incurred in selling of the property, • There are two bedrooms to the first floor with details are contained within the auction contract. bathroom • Gardens to both front and rear EPC Rating • The property is offered for sale in need of full D modernisation and upgrading Viewings Solicitors Friday and Saturday at 11.00am Shakespeares Solicitors 2 Colton Square, Leicester LE1 1QH Ref: RWC For the attention of: Katherine Harvey. Tel: 0116 254 5454.

LOT CET, Clayfield Industrial Estate, Tickhill Road 13 Balby, Doncaster DN4 8QG Workshop, office and yard on a site extending to 0.20 acres (0.08 hectares) Guide Price – £75,000+ Tenure advised to undertake their own measured survey of the Freehold, with full vacant possession. property prior to purchase Description Solicitors • The Clayfield Industrial Estate is located in the Balby suburb, Gateley plc approximately 2.5 miles north-west of Doncaster town Park View House, 58 The Ropewalk, Nottingham NG1 5DW centre within a mixed commercial and residential district, For the attention of: Tertia Werry. accessed off Tickhill Road (A60) Tel: 0115 983 8200. • Nearby occupiers include Travis Perkins, Humac Civil Email: [email protected] Engineering and APP Lifting Services, to name but a few VAT • The property comprises a workshop, offices and yard on a Purchasers are advised to refer to the Special Conditions of Sale self-contained site, extending in total to approximately in the legal pack for confirmation as to whether VAT is 0.20 acres (0.08 hectares) applicable upon the purchase of the property. • The office building has been subject to considerable capital EPC expenditure, having the benefit of UPVC double glazing, G-168 carpeted and ceramic tiled flooring, suspended ceiling, recessed CAT II fluorescent strip lighting, perimeter mounted Viewings dado trunking, kitchen and male/female WCs Wednesday 12th October 10am – 12pm • The workshop and offices extend to approximately 132.8 sq m Please contact Jo Pearson on 0115 934 8024. (1,429 sq ft) Joint Agent • The above floor areas have been provided by our Joint NG Chartered Surveyors Agent NG Chartered Surveyors and should be used for Ref: VK/JP guidance purposes only. Prospective purchasers are

12 LOT Aqueduct Farm 14 Shenton, Nuneaton CV13 6DP An excellent opportunity to acquire an extensive range of traditional farm buildings, offered with the benefit of planning permission to create two residential dwellings set within the rural Leicestershire hamlet of Shenton Guide Price – £200,000+

Tenure Copies of the relevant planning documentation Freehold, with full vacant possession. and plans are available for inspection at the Description Nottingham Office of the Auctioneers Savills. • The hamlet of Shenton lies some 2.5 miles Planning Authority south-west of Market Bosworth and 6 Hinckley Hub, Rugby Road, Hinckley, miles north of Hinckley Leicestershire LE10 0FR • The site is located close to the Ashby-de- Viewing la-Zouch canal, and the area boasts a Strictly by appointment. range of facilities including Atherstone Railway Station which, located on the west Solicitors coast mainline, provides links to London, Cocks Lloyd Solicitors, Euston and Birmingham Riversley House, Coton Road, Nuneaton, • The site is also located approximately 1.5 Warwickshire CV11 5TX miles east of the Battle of Bosworth field For the attention of: Sharon Hewitt. Planning Tel: 0247 664 1642. The site benefits from full planning permission Note (Ref: 15/00068/FUL) granted on 13th April Due to the potential hazards of a working 2015 by Hinckley & Bosworth Borough farm, viewers should take care and precaution Council for the creation of two residential with regard to their personal safety when dwellings and the relocation of the existing viewing the property. Plan not to scale farm access. Ref: RWC Crown Copyright reserved. This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office.

SAVILLS EXPERT AUCTIONEERS

THE DATE OF OUR NEXT AUCTION IS THURSDAY 15TH DECEMBER 2016 ENTRIES NOW BEING TAKEN

The Office Enfield Chambers 18 Low Pavement, Nottingham NG1 7DG T 0115 934 8080 F 0115 934 8001 www.savills.co.uk/auctions Follow us on Twitter @SavillsAuctions

13 LOT The Vicarage, 1 Stoney Lane 15 Glentworth, Lincolnshire DN21 5DF A modern detached property set within a popular village location, offering four bedroom accommodation in need of upgrading Guide Price – £185,000 Tenure Solicitors Freehold, with full vacant possession. Chattertons Solicitors, 9 Broad Street, Stamford PE9 1PY Description For the attention of: Tim Salt. • A fine opportunity for an owner occupier to acquire Tel: 01780 750668. a modern, well-proportioned home set within a popular village location EPC Rating • Entrance hall with cloakroom, two reception rooms E with kitchen and further sun room, four bedrooms to Viewings the first floor with principal family bathroom Please contact Rob Crocker 0115 934 8023. • Double glazed • Easy to manage gardens with integral garage Ref: RWC • The village of Glentworth lies approximately 10 miles north of Lincoln City Centre which boasts a wealth of facilities

LOT Land at 11 Cross Lane 16 Royston, Barnsley S71 4AT An opportunity to acquire a parcel of freehold development land with permission for the construction of two detached dwellings (with conditions) Guide Price – £55,000

Tenure Solicitors Freehold. Thelma Horne, Description Bespoke Law Services, 20 Connaught House, Riverside Business Park, Benarth Road, Conwy LL32 8UB • Situated in the village of Royston, a few miles north-east of FAO: Thelma Horne. Barnsley town centre Tel: 0345 373 2030. • Site area 522 sq m (0.129 acres) Email: [email protected] • Frontage to Cross Lane, surrounded by residential housing VAT • Planning consent for the construction of two residential Interested parties are advised to refer to the Special Condition of dwellings, with conditions Sale for confirmation of whether VAT will be payable in addition • An ideal opportunity for builders or investors looking for a to the purchase price. new build residential development site EPC Rating • Close to a wealth of local amenities Not applicable. • Historic maps show this being the site of four former terraced houses (interested parties should make their own Viewings Plan not to scale enquiries in this regard) To Site. Contact Jo Pearson on 0115 934 8024.

Crown Copyright reserved. This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office. Ref: VK/JP

By order of Nottingham LOT 137/139 Bransdale Road City Council 17 Clifton, Nottingham NG11 9HG A commercial/residential unit sat within the heart of Clifton, standing within an established residential location, well served by a wealth of local amenities Guide Price – £80,000 to £85,000 Tenure Solicitors Freehold, with full vacant possession. Legal Assistant Conveyancing Team Nottingham City Council, 2nd Floor, Loxley House, Station Description Street, Nottingham NG2 3NG • The accommodation comprises a retail unit to the ground For the attention of: Helen Bell. floor, with self-contained residential accommodation to the Tel: 0115 876 5729. first and second floors • 137 Bransdale Road – A self-contained ground floor retail Note unit, with sales area, store rooms off, further kitchen with The successful purchasers are to be made aware that an separate wash room facilities and WC additional charge will be collected on completion by the sellers to cover the costs incurred in the selling of the property, • 139 Bransdale Road – Residential accommodation details are contained within the contract. arranged over first and second floors, with access from the side of the building and leading to an entrance hall EPC Rating with staircase to first floor landing, giving in turn access to 137 Bransdale Road –D lounge with separate kitchen, bedroom 3/office and 139 Bransdale Road –E bathroom with separate WC. There are two further bedrooms to the second floor and the accommodation Viewings boasts some double glazing and gas-fired central heating Friday and Saturday at 2.15pm (not tested) Ref: RWC

14 ONLINE BIDDING Unable to Attend and Wish to Bid by the Internet?

As well as telephone bidding and proxy bidding, you can now bid from the comfort of your own home or office via your personal computer.

• Go to www.propertyauctions.com

• Access the ‘Internet bidders’ link.

• Review the Internet Bidding Terms and Conditions and Documentation required.

• Complete the Memorandum of Agreement (printed on page 30) as well as the Remote Bidding Form, found on page 32, for each Lot in respect of which you wish to bid.

• Send to Robert Crocker at Savills no later than 2 working days before the auction sale.

In addition to this, please enclose the following:

• the above documents together with a signed copy of the Special Conditions of Sale and Addendum (if applicable); and

• a personal cheque, solicitor’s client account cheque or a banker’s draft drawn on a UK clearing bank account in the name of the buyer of the lot (made payable to the Seller’s Solicitors (as provided for in the Extra Conditions of Sale or the Special Conditions of Sale), or a copy of an instruction to debit the UK clearing bank account of the buyer with an immediate transfer to the Seller’s Solicitor’s bank within 2 banking days of the auction using the Clearing House Automated Payment System (the relevant bank details are contained in the Special Conditions) in payment of the deposit which shall be 10% of the maximum amount you wish to bid for each Lot or £1,000 (whichever is the greater).

• Proof of identity – see page 5, Auction Notices.

Auction Day Upon receipt of the above by Savills, you will receive an Information Email. This will include your Client Number and user information.

• Prior to bidding on the auction day, you will need to access www.propertyauctions.com and identify yourself using your PIN and Client Number. We recommend you do this at least 10 minutes before the Lot you wish to bid on is offered.

• When your chosen Lot is offered, be ready to bid. You will be made aware of the current bid through your screen. If you wish to bid then click the highlighted increment on the screen. You will be informed when the bid is held with you.

• Be assured that as long as you continue bidding, your bid will be seen by the auctioneer, although the auctioneer may be also taking bids from other sources. This is normal auction practice.

• If you are the successful bidder you will be notified on your screen and all the usual auction house Notices, Common, Extra and Special Conditions of Sale and any Addendum shall apply to your successful bid as this will be a binding contract.

• If you are not the successful bidder you will need to cancel your instructions to your bankers for any bank transfer of the deposit.

• For full Terms and Conditions in respect of Internet Bidding, please refer to Savills.

Please Note

You cannot bid online unless you have pre-registered. Although every precaution is taken, please note that neither Savills nor propertyauctions.com, as providers of the interactive bidding service, can be held responsible for any failure of the system, or the equipment or any telephonic connections.

If you have any problems please call Robert Crocker at Savills Telephone 0115 934 8080 LOT 31A The Triangle 18 Ilkeston, Derbyshire DE7 4AP An excellent redevelopment opportunity to create 6 x one bedroom apartments with the demolition of the existing single storey commercial building. The property is at present being offered to the rental market with a proposed rent of £600 per calendar month Guide Price – £60,000 to £70,000 Tenure inspected internally by a member of Savills the Freehold, with full vacant possession. Auctioneers staff. Description Planning • Convenient location set within the heart of Ilkeston, The property has planning permission granted by a popular Derbyshire market town Erewash Borough Council (Ref: 0516/0022) dated • Established location of residential and commercial 11th May 2016, copies of which are available along properties with the relevant drawings at the Nottingham office of the Auctioneers Savills. • Opportunity to create easy to manage accommodation ideally suited to either the Solicitors residential or rental markets Brewer Wallace Solicitors 7 Land of Green Ginger, Hull HU1 2ED Planning For the attention of: Mr Dennis Brewer. Erewash Borough Council, Town Hall, Derby Rd, Tel: 01482 221130. Long Eaton, Nottingham NG10 1HU Telephone: 0115 907 2244. Viewing Contact Bob Crocker on 0115 934 8023. Note At the time of going to print, the property has not been Ref: RWC

LOT Homenene House 19 Bushfield, Orton Goldhay, Peterborough PE2 5PP Two storey offices with planning permission granted for 9 flats Guide Price – £225,000 to £250,000 Solicitors Setfords Solicitors Tenure Jenner House, 1a Jenner Road, Guildford, Surrey GU1 3PH Long Leasehold. 125 years from 1st January 1984. For the attention of: Teresa Clarke. Tel: 01732 600112. Description Email: [email protected] • Located adjacent to Orton Shopping Centre and VAT Bushfield Sports complex Please refer to the Special Conditions of Sale to confirm • Approx 5 miles south-west of Peterborough city centre whether or not VAT is applicable to the purchase of this and 1.25 miles from the A1 property. • Nearby occupiers include Ormiston Bushfield Academy, EPC Rating Bushfield Ortongate Dental Practice and the Please refer to the legal pack for details as to the EPC Environment Agency rating. • The property extends to approximately 542 sq m Note (5,843 sq ft) At the time of going to print, these premises have not been • Planning for conversion to 9 flats dated 14th April 2014 inspected by a member of the Savills auction team. • Potential purchasers should make their own enquiries Viewings via Peterborough City Council (Ref: 14/00582/PRIOR) Viewing strictly by prior appointment. Please contact Jo Pearson on 0115 934 8024 or Victor Ktori on 0115 934 8171. Ref: VK/JP

LOT 19 Brooklands Drive 20 Carlton, Nottingham NG3 7AL A traditional three bedroom semi-detached property, set within an established residential location close to a wealth of amenities Guide Price – £80,000 to £100,000 Tenure Solicitors Freehold, with full vacant possession. Sheltons 388 Carlton Hill, Carlton, Nottingham NG4 1JA Description Tel: 0115 955 3444. • The property offers three bedroom accommodation in need of full upgrading and modernisation Note • To the ground floor, there are two reception rooms We would wish to advise prospective purchasers that with kitchen the property will not be sold prior to auction. • With gardens to both front and rear, the property is EPC Rating located close to a wealth of amenities including Applied for. good shopping facilities and regular public transport • Ideal opportunity for owner occupier or developer to Viewings acquire traditional accommodation in need of Friday/Saturday 3.00 pm upgrading Ref: RWC

16 LOT 215 Mansfield Road 21 Sherwood, Nottingham NG1 3FS An excellent investment opportunity to acquire a substantial mid terrace property, offered for sale with an annual rental income of £29,900 (gross) Guide Price – £200,000+ Tenure Rental Income Freehold, subject to seven Assured Shorthold Tenancies. The residential rooms are let on Assured Shorthold Description Tenancies with a rental income of £80 per week. The ground floor retail unit is let on a tenancy with a • Set within a main road location, giving good access to monthly rental income of £380. the city centre and a wealth of amenities • The property has been divided to create a ground floor Solicitors retail unit, with separate access to the rear to six Massers Solicitors, 9 Tudor Square, West Bridgford, bedroom residential accommodation arranged over Nottingham NG2 6BT three floors For the attention of: Tim Brooke. Tel: 0115 851 1666. Shop Unit Note The shop comprises a ground floor retail unit with At the time of going to print, not all the rooms have been basement area housing a kitchen and WC. inspected by a member of Savills the Auctioneers staff. Residential Accommodation EPC Rating With access to the rear, the ground floor comprises a D dining kitchen with bathroom and separate WC. The bedroom accommodation is arranged over the first and Viewings second floors, with a further separate shower room to the Friday/Saturday 1.00 pm second floor. Ref: RWC

LOT Former Anglian Water Site 22 Low Road, Dovercourt, Harwich CO12 3TZ 4.4 acre former Anglian Water site Guide Price – £10,000 to £15,000 Tenure Note Freehold, with full vacant possession. Potential purchasers are advised to refer to the Special Description Conditions of Sale in the legal pack for further information about the site. • Located in Dovercourt, a small seaside town in Essex close to the port of Harwich VAT • Approximately 4.4 acres of development site We understand that the purchase of this site is not subject to VAT. • Potential for redevelopment or alternative uses, subject to obtaining the necessary consent EPC Rating Solicitors Not applicable. Anglian Water Services Limited Viewings Legal Department, Lancaster House, Lancaster Way, To site. Ermine Business Park, Huntingdon PE29 6XU Disclaimer For the attention of: Lorraine Swann. Tel: 01480 323059. At the time of going to print, these premises have not Email: [email protected] been inspected by a member of the Savills auction Plan not to scale team. Crown Copyright reserved. Ref: VK/JP This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office.

LOT 14 Lanchester Gardens, Talbot Road 23 Worksop, Mansfield S80 2PN Ideal investment opportunity to acquire a modern purpose built one bedroom flat in convenient location popular with the rental sector of the residential property market Guide Price – £25,000 Tenure Solicitors Leasehold, with full vacant possession. Richard Pearlman LLP 27 Phipp Street, London EC2A 4NP Description For the attention of: Anthony Bloom. • Modern block of similar style properties close to Tel: 020 7739 6100. wealth of amenities • Established residential location EPC Rating C • Lounge with separate kitchen, bedroom and shower room Viewings • Ease of access to Worksop town centre Contact Bob Crocker on 0115 934 8023. •Opportunity to acquire easy to manage accommodation Ref: RWC

17 LOT Former Anglian Water Site 24 Bromham Road, Biddenham, Bedfordshire Former Anglian Water pump house, suitable for residential conversion (subject to planning)

Guide Price – £15,000+

Tenure Solicitors Freehold, with full vacant possession. Anglian Water Services Limited Legal Department, Lancaster House, Description Lancaster Way, Ermine Business Park, • Located in Biddenham, a large village Huntingdon PE29 6XU located to the west of Bedford near the For the attention of: Lorraine Swann. A428 Tel: 01480 323059. • Former pump house, suitable for Email: [email protected] conversion subject to planning • Situated on a 0.168 acre plot VAT • Potential purchasers are advised to contact We understand that the purchase of this site the Local Planning Authority to obtain is not subject to VAT. further information with regards to any EPC Rating redevelopment or conversion Not applicable. Note Viewings Potential purchasers are advised to refer to To site. the Special Conditions of Sale in the legal pack for further information about the site. Disclaimer At the time of going to print, these premises have not been inspected by a member of the Savills auction team. Plan not to scale

Crown Copyright reserved. Ref: VK/JP This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office.

LOT 11 Private Road 25 Sherwood, Nottingham NG5 4DD A rare opportunity to acquire a substantial detached period property, divided to create five self-contained units set within a much sought after residential location

Guide Price – £375,000

Tenure Solicitors Freehold, with full vacant possession Cleggs Solicitors Apex Court, Ruddington Lane, Wilford, Description Nottingham NG11 7DD • The property offers accommodation For the attention of: Alison Bellfield. arranged over three floors, divided to Tel: 0115 977 5877. create five self-contained, one bedroom apartments and is offered for sale with full EPC Rating vacant possession Applied for. • All units offer accommodation comprising a lounge with separate kitchen, bedroom and Viewings bathroom and have been well maintained Fridays and Saturdays at 10.30 am. throughout • The sale represents an ideal investment Ref: RWC opportunity for those looking to acquire a well-maintained property set within an established, popular location

18 LOT 54 Victoria Road 26 Netherfield, Nottingham NG4 2HG An opportunity to acquire an A5 takeaway unit with large one bedroom living accommodation above, situated close to Co-op and the Post Office in the retail centre of Netherfield Guide Price – £150,000 to £165,000

Tenure Solicitors Freehold, with full vacant possession. ABG Solicitors Pearl Assurance House, Friar Lane, Description Nottingham NG1 6BX • Ground floor A5 takeaway unit extending to For the attention of: Wendy Shaw. 72.775 sq m (784 sq ft) situated diagonally Tel: 0115 934 3306. opposite the Co-op, close to the Post Email: [email protected] Office and Robinson Butchers • Fully refurbished and extended VAT • Large one bedroom living accommodation Potential purchasers are advised to refer to at first floor the Special Conditions of Sale within the legal le to • Rear yard area accessed off Moor Street pack to confirm whether VAT is applicab the purchase of this property. • Close to a wealth of local amenities and the Victoria Retail Park EPC • Ideal opportunity for investor or owner F145. occupier Viewings Thursday 6th October 10.00 am Wednesday 12th October 3.00 pm Please contact Jo Pearson on 0115 934 8024.

Ref: VK/JP

LOT 38 Lambley Lane 27 Gedling, Nottingham NG4 4PA A deceptively spacious four bedroom semi-detached property, set within a peaceful secluded location yet accessible to a wealth of amenities

Guide Price – £250,000

Tenure Solicitors Freehold, with full vacant possession. Yates & Co Solicitors 5 Kayes Walk, The Lace Market, Nottingham Description NG1 1PY • Generous accommodation arranged over For the attention of: Jackie Pabla. two floors including four reception rooms Tel: 0115 947 4486. with conservatory • Well equipped dining kitchen with EPC cloakroom and utility room E • En-suite bathroom to the master bedroom, with additional family shower room Viewings • Standing close to Gedling Country Park, Friday and Saturday at 2.00pm. the property enjoys mature gardens with a double width car park and additional Ref: RWC vehicular standing

19 LOT 11/11A Brightmoor Street 28 Nottingham NG1 1FD A rare opportunity to acquire a well presented period office building in the heart of Nottingham city centre Guide Price – £325,000 to £350,000 Tenure • Includes an open fronted garage space within Freehold, with vacant possession. a security gated area Description • May be suitable for conversion to alternative • Attractive three storey office building providing uses such as residential, subject to planning well presented open plan studio space plus permission two storey extension Solicitors • The property is ideally situated in fashionable Roythornes Limited Hockley, a popular and established retail and 14 Park Row, Nottingham NG1 6GR office area in the heart of Nottingham city For the attention of: FranMuldoon. centre’s Lace Market district, popular with Tel: 0115 945 4433. boutique retailers and restaurants Email: [email protected] • Close to an eclectic mix of regional and national retail and leisure operators such as VAT Pizza Express, Sainsbury’s, Bar Iberico, We understand VAT will be payable on the Revolution and the Broadway Cinema purchase of this property. Please refer to the Legal Pack for confirmation. • Surrounded by city centre apartments and within walking distance of the Old Market EPC Square and the NET tram stop on Fletcher G-175. Gate Viewings • The intu Victoria and intu Broadmarsh Wednesday 5th October 10.30 am shopping centres are within easy walking Thursday 13th October 3.00 pm distance of the property Please contact Jo Pearson on 0115 934 8024. • Total net internal floor area approximately 289.85 sq m (3,120 sq ft) Ref: VK/JP

Nottinghamshire LOT Land for sale at the Junction of County Council Oakfield Lane/Sherwood Street 29 Market Warsop, Nottinghamshire NG20 0JY A rare opportunity to acquire approximately 3 acres of grassland, located on the fringe of the Nottinghamshire village of Market Warsop, situated close to the centre and its amenities Guide Price – £25,000 to £30,000 Tenure Solicitors Freehold, with full vacant possession. Nottinghamshire County Council County Hall, Loughborough Road, Description West Bridgford NG2 7QP • The land is enclosed by mature hedging For the attention of: Sue Ball. and may offer development possibilities, Tel: 0115 977 3562. subject to receiving the necessary planning permission Note • The sale of land is subject to an uplift The successful purchasers are to be made clause as stated within the auction contract aware that an additional charge is to be collected on completion by the sellers to cover the costs incurred in the selling of the land, details are contained within the contract.

Viewing To site.

Ref: RWC

Plan not to scale

Crown Copyright reserved. This plan is based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationery Office.

20 LOT Coach Gap Lane Industrial Park, Coach Gap Lane 30 Langar, Nottinghamshire Freehold industrial ground rent investment Guide Price – £200,000 to £240,000

Tenure VAT Freehold, subject to occupational leases. VAT is not applicable on this property. Description EPC • The property is situated within an established industrial Refer to legal pack. location on the outskirts of the village of Langar, at the Viewings northern end of the Vale of Belvoir, close to the A46 and Viewing strictly by prior appointment. Please contact A52 trunk roads Jo Pearson or Victor Ktori on 0115 934 8050. • The property comprises a site extending to approximately 3.047 hectares (7.53 acres), subject to nine long leasehold Note interests of varying lengths Purchasers are to be made aware that an additional charge is to • There are nine long leaseholds with a range of industrial be collected on completion by the sellers to cover the costs buildings and one vacant, cleared site incurred in the selling of the property. Details are contained • Producing an income of £10,250, with potential for further within the legal pack. income from the vacant site Note Solicitors Savills have not undertaken a full inspection of the property as at Freeths the date of producing the catalogue. Interested parties are Cumberland Court, Nottingham NG1 6HH advised to make their own enquiries and to verify the information For the attention of: Maxine Chenoweth. which is provided for guidance purposes only. Tel: 0845 128 7961. Ref: VK/JP Email: [email protected]

Unit Trigger Actual Lease Trigger Trigger End Tenant/Licensee Lease Start Date Term Rent Break Clause Actual Rent Review No. Start Date Expiry Start Date Date Tenant only. Can be exercised at 1 1st Langar (Vale of Belvoir) Scout Group 01/09/2010 50 years £500 01/09/2015 (outstanding) N/A 31/08/2060 any time on 12 months’ notice 2 Merger Investments Limited/Micromix Plant Health Ltd 27/11/1998 125 years £0 N/A N/A 26/11/2123 27/11/2122 27/05/2123 Falcon Rifle Club (James Andrew Bullock, Richard Barker, 3 25/03/1999 99 years £0 N/A N/A 24/03/2098 25/02/2097 25/08/2097 Peter Michael Mann & Simon Peter Dare) 4 Jason Maxwell Wall t/a D W Hall (Bingham Trailers Limited) 01/04/2006 99 years £2,750 01/04/2011 & 01/04/2016 (outstanding) 01/10/2010 31/03/2105 01/04/2104 01/10/2104 Andrew Philip Bullimore and Jacqueline Bullimore 5 21/03/1994 99 years £0 N/A N/A 20/03/2093 21/03/2092 21/09/2092 t/a Jansen Air Power 6 Sharpe & Sons (Nottingham) Limited 11/07/1986 99 years £0 N/A 30/03/2085 9 Fireoak Enterprises Limited (World of Marble) 01/04/2003 99 years £7,000 01/04/2008 & 01/04/2013 (outstanding) 01/10/2007 31/03/2102 01/04/2101 01/10/2101 10 Hofton & Son Limited 30/11/1993 99 years £0 N/A N/A 29/11/2092 30/11/2088 30/05/2089 11 Vacant 12 Trustees of the JIT Group SSAS 25/03/1992 99 years £0 N/A N/A 24/03/2091 25/03/2090 25/09/2090

To be offered For Sale by Auction at a Date to be Confirmed (unless Sold Prior)

9 3

3 4 7 2 1 3 Potential Development Opportunity F E N T O N

El Sub R Off Tunstall Drive, Basford, Nottingham O H Sta A A D R M 8 S An excellent opportunity to acquire a potential development opportunity (outline planning permission 1 T O 4 N 4 applied for) R I S E

2 5 Guide Price – £150,000 to £200,000

Tenure Solicitors

6

9 1 5 Freehold, with full vacant possession. Nottingham City Council, 6 25 Loxley House, Station Street, Nottingham

3 5 7 1 Description NG2 3NG • Set within an established residential For the attention of: Christina Price.

9 2 location Tel: 0115 876 4378.

4 7 • Comprising approximately 2.2 acres of mature woodland and possible Ref: RWC

8 development land 0 • The site is to be offered at a later date, 7 7 subject to the outcome of an outline

H 5 E 8 A planning application T H 6 E 8 R L 6 E • Initial enquiries with planners have 7 Y D 1 R 2 IV E indicated a scheme for some 12 -16 units

6 1 4 5 6 5 7

2 Plan not to scale

5 4 2 6 7 Crown Copyright reserved. 2

This plan is based upon the Ordnance Survey Map with the s4anction of the Controller of H M Stationery Office. 4

21

2.2 Acres or thereabouts

P

How To View Legal Packs

Step one: Please visit our website to ‘View the online Catalogue’ http://auctions.savills.co.uk/future-auctions/ Please select the auction you wish to look at and click on ‘View’ under the ‘Online Catalogue’ heading.

Step two: Click on the desired lot Once into the online catalogue Scroll down the list of properties and click the lot number of the property you wish to view.

Step three: Click ‘Download Legal Documents’ This is located below the image of the lot you are looking at. You will now be redirected to our Auction Passport page.

Step Four: ‘Click here for free sign up’ This will take you through to the registration page. If you have already registered, please enter your email address and password into the appropriate boxes and click ‘Sign in’.

Step Five: Fill in your details Please enter the relevant registration details, and click to register.

Step Six: an email will be sent to your account This is to confirm account. You will have to open the email, and type in the Verification code provided into the Auction Passport screen and press ‘Confirm’.

Step Seven: Authorise Auctioneer This is to allow the Auctioneer to use your details. By clicking ‘Authorise’ you agree to let the Auctioneer use your details in order to receive notifications upon receipt of Legal Packs. This will then take you through to the lot, where the Legal Documents may be viewed.

22 Common Auction Conditions of Sale

Reproduced with the consent of RICS (Edition 3) Introduction Contract date The common auction conditions have three main sections. The date of the auction or, if the lot is not sold at the auction: sale memorandum seller buyer 1. Glossary (a) the date of the signed by both the and ; or This gives special meanings to some words used in the rest of the conditions. (b) if contracts are exchanged, the date of exchange. If exchange is not effected in person or by an irrevocable agreement to exchange made by telephone, fax or electronic mail the date of exchange is the date on which both 2. The conduct of the auction parts have been signed and posted or otherwise placed beyond normal retrieval. These conditions regulate the conduct of the auction. If you read our catalogue or attend the auction you do so on Documents the basis that you accept them. Documents of title (including, if title is registered, the entries on the register and the title plan) and other documents listed 3. Conditions of sale or referred to in the special conditions relating to the lot. If you buy a lot you will sign a sale memorandum under which you agree to be bound by the conditions of sale that Financial charge apply to that lot. These conditions are: A charge to secure a loan or other financial indebtedness (not including a rentcharge). • General conditions that apply to all lots • Any extra general conditions in the catalogue or an addendum General conditions sale conditions • Special conditions that only apply to the lot you are buying (and which may vary the general conditions) That part of the so headed, including any extra general conditions. The conditions are legally binding. Interest rate If not specified in the special conditions, 4% above the base rate from time to time of Barclays Bank plc. (The interest Important notice rate will also apply to judgment debts, if applicable.) A prudent buyer will, before bidding for a lot at an auction Lot • Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant Each separate property described in the catalogue or (as the case may be) the property that the seller has agreed to • Read the conditions sell and the buyer to buy (including chattels, if any). • Inspect the lot Old arrears • Carry out usual searches and make usual enquiries Arrears due under any of the tenancies that are not ‘new tenancies’ as defined by the Landlord and Tenant (Covenants) • Check the content of all available leases and other documents relating to the lot Act 1995. • Check that what is said about the lot in the catalogue is accurate Particulars • Have finance available for the deposit and purchase price The section of the catalogue that contains descriptions of each lot (as varied by any addendum). • Check whether VAT registration and election is advisable Practitioner The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a An insolvency practitioner for the purposes of the Insolvency Act 1986 (or, in relation to jurisdictions outside the United lot without taking these normal precautions you do so at your own risk. Kingdom, any similar official). Price Glossary The price that the buyer agrees to pay for the lot. This glossary applies to the auction conduct conditions and the sale conditions. Ready to complete Wherever it makes sense: Ready, willing and able to complete: if completion would enable the seller to discharge all financial charges secured • singular words can be read as plurals, and plurals as singular words; on the lot that have to be discharged by completion, then those outstanding financial charges do not prevent the seller • a ‘person’ includes a corporate body; from being ready to complete. • words of one gender include the other genders; Sale conditions • references to legislation are to that legislation as it may have been modified or re-enacted by the date of the auction or The general conditions as varied by any special conditions or addendum. the contract date (as applicable); and Sale memorandum • where the following words printed in bold type appear they have the specified meanings. The form so headed (whether or not set out in the catalogue) in which the terms of the contract for the sale of the lot Actual completion date are recorded. completion The date when takes place or is treated as taking place for the purposes of apportionment and calculating Seller interest. The person selling the lot. If two or more are jointly the seller their obligations can be enforced against them jointly or Addendum against each of them separately. conditions particulars An amendment or addition to the or to the or to both whether contained in a supplement to the Special conditions catalogue, a written notice from the auctioneers or an oral announcement at the auction. Those of the sale conditions so headed that relate to the lot. Agreed completion date Tenancies Subject to condition G9.3: Tenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them. (a) the date specified in the special conditions; or (b) if no date is specified, 20 business days after the contract date; Tenancy schedule special conditions but if that date is not a business day the first subsequent business day. The tenancy schedule (if any) forming part of the . Approved financial institution Transfer Any bank or building society that has signed up to the Banking Code or Business Banking Code or is otherwise Transfer includes a conveyance or assignment (and ‘to transfer’ includes ‘to convey’ or ‘to assign’). acceptable to the auctioneers. TUPE Arrears The Transfer of Undertakings (Protection of Employment) Regulations 2006. Arrears of rent and other sums due under the tenancies and still outstanding on the actual completion date. VAT Arrears schedule Value Added Tax or other tax of a similar nature. The arrears schedule (if any) forming part of the special conditions. VAT option Auction An option to tax. The auction advertised in the catalogue. We (and us and our) Auction conduct conditions The auctioneers. The conditions so headed, including any extra auction conduct conditions. You (and your) Auctioneers Someone who has a copy of the catalogue or who attends or bids at the auction, whether or not a buyer. The auctioneers at the auction. Business day Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and Wales; or (c) Good Friday or Christmas Day. Buyer The person who agrees to buy the lot or, if applicable, that person’s personal representatives: if two or more are jointly the buyer their obligations can be enforced against them jointly or against each of them separately. Catalogue The catalogue to which the conditions refer including any supplement to it. Completion Unless otherwise agreed between seller and buyer (or their conveyancers) the occasion when both seller and buyer have complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. Condition One of the auction conduct conditions or sales conditions. Contract The contract by which the seller agrees to sell and the buyer agrees to buy the lot.

23 Common Auction Conditions of Sale

Auction Conduct Conditions contract date and whether or not they are disclosed by the seller or are apparent from inspection of the lot A1 Introduction or from the documents: A1.1 Words in bold type have special meanings, which are defined in the Glossary. (a) matters registered or capable of registration as local land charges; A1.2 The catalogue is issued only on the basis that you accept these auction conduct conditions. They govern (b) matters registered or capable of registration by any competent authority or under the provisions of any our relationship with you and cannot be disapplied or varied by the sale conditions (even by a condition statute; purporting to replace the whole of the Common Auction Conditions). They can be varied only if we agree. (c) notices, orders, demands, proposals and requirements of any competent authority; A2 Our role (d) charges, notices, orders, restrictions, agreements and other matters relating to town and country planning, highways or public health; A2.1 As agents for each seller we have authority to: (e) rights, easements, quasi-easements, and wayleaves; (a) prepare the catalogue from information supplied by or on behalf of each seller; (f) outgoings and other liabilities; (b) offer each lot for sale; (g) any interest which overrides, within the meaning of the Land Registration Act 2002; (c) sell each lot; (h) matters that ought to be disclosed by the searches and enquiries a prudent buyer would make, whether or (d) receive and hold deposits; not the buyer has made them; and sale memorandum (e) sign each ; and (i) anything the seller does not and could not reasonably know about. contract buyer sale memorandum (f) treat a as repudiated if the fails to sign a or pay a deposit as required G1.5 Where anything subject to which the lot is sold would expose the seller to liability the buyer is to comply with auction conduct conditions by these . it and indemnify the seller against that liability. Our auction A2.2 decision on the conduct of the is final. G1.6 The seller must notify the buyer of any notices, orders, demands, proposals and requirements of any A2.3 We may cancel the auction, or alter the order in which lots are offered for sale. We may also combine or competent authority of which it learns after the contract date but the buyer must comply with them and keep divide lots. A lot may be sold or withdrawn from sale prior to the auction. the seller indemnified. A2.4 You acknowledge that to the extent permitted by law we owe you no duty of care and you have no claim G1.7 The lot does not include any tenant’s or trade fixtures or fittings. us against for any loss. G1.8 Where chattels are included in the lot the buyer takes them as they are at completion and the seller is not A3 Bidding and reserve prices liable if they are not fit for use. A3.1 All bids are to be made in pounds sterling exclusive of any applicable VAT. G1.9 The buyer buys with full knowledge of: A3.2 We may refuse to accept a bid. We do not have to explain why. (a) the documents, whether or not the buyer has read them; and A3.3 If there is a dispute over bidding we are entitled to resolve it, and our decision is final. (b) the physical condition of the lot and what could reasonably be discovered on inspection of it, whether or A3.4 Unless stated otherwise each lot is subject to a reserve price (which may be fixed just before the lot is offered not the buyer has inspected it. for sale). If no bid equals or exceeds that reserve price the lot will be withdrawn from the auction. G1.10 The buyer is not to rely on the information contained in the particulars but may rely on the seller’s A3.5 Where there is a reserve price the seller may bid (or ask us or another agent to bid on the seller’s behalf) up conveyancer’s written replies to preliminary enquiries to the extent stated in those replies. to the reserve price but may not make a bid equal to or exceeding the reserve price. You accept that it is G2. Deposit possible that all bids up to the reserve price are bids made by or on behalf of the seller. G2.1 The amount of the deposit is the greater of: A3.6 Where a guide price (or range of prices) is given that guide is the minimum price at which, or range of (a) any minimum deposit stated in the auction conduct conditions (or the total price, if this is less than that prices within which, the seller might be prepared to sell at the date of the guide price. But guide prices minimum); and may change. The last published guide price will normally be at or above any reserve price, but not always (b) 10% of the price (exclusive of any VAT on the price). seller – as the may fix the final reserve price just before bidding commences. G2.2 The deposit A4 The particulars and other information (a) must be paid in pounds sterling by cheque or banker’s draft drawn on an approved financial institution A4.1 We have taken reasonable care to prepare particulars that correctly describe each lot. The particulars are (or by any other means of payment that the auctioneers may accept); and based on information supplied by or on behalf of the seller. You need to check that the information in the (b) is to be held as stakeholder unless the auction conduct conditions provide that it is to be held as agent particulars is correct. for the seller. A4.2 If the special conditions do not contain a description of the lot, or simply refer to the relevant lot number, G2.3 Where the auctioneers hold the deposit as stakeholder they are authorised to release it (and interest on it if you take the risk that the description contained in the particulars is incomplete or inaccurate, as the applicable) to the seller on completion or, if completion does not take place, to the person entitled to it particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract. under the sale conditions. A4.3 The particulars and the sale conditions may change prior to the auction and it is your responsibility to G2.4 If a cheque for all or part of the deposit is not cleared on first presentation the seller may treat the contract as check that you have the correct versions. at an end and bring a claim against the buyer for breach of contract. A4.4 If we provide information, or a copy of a document, provided by others we do so only on the basis that we G2.5 Interest earned on the deposit belongs to the seller unless the sale conditions provide otherwise. are not responsible for the accuracy of that information or document. G3. Between contract and completion A5 The contract G3.1 Unless the special conditions state otherwise, the seller is to insure the lot from and including the contract A5.1 A successful bid is one we accept as such (normally on the fall of the hammer). This condition A5 applies to date to completion and: you if you make the successful bid for a lot. (a) produce to the buyer on request all relevant insurance details; A5.2 You are obliged to buy the lot on the terms of the sale memorandum at the price you bid plus VAT (b) pay the premiums when due; (if applicable). (c) if the buyer so requests, and pays any additional premium, use reasonable endeavours to increase the A5.3 You must before leaving the auction: sum insured or make other changes to the policy; (a) provide all information we reasonably need from you to enable us to complete the sale memorandum (d) at the request of the buyer use reasonable endeavours to have the buyer’s interest noted on the policy if it (including proof of your identity if required by us); does not cover a contracting purchaser; (b) sign the completed sale memorandum; and (e) unless otherwise agreed, cancel the insurance at completion, apply for a refund of premium and (subject (c) pay the deposit. to the rights of any tenant or other third party) pay that refund to the buyer; and A5.4 If you do not we may either: (f) (subject to the rights of any tenant or other third party) hold on trust for the buyer any insurance payments (a) as agent for the seller treat that failure as your repudiation of the contract and offer the lot for sale again: that the seller receives in respect of loss or damage arising after the contract date or assign to the buyer the seller may then have a claim against you for breach of contract; or the benefit of any claim; (b) sign the sale memorandum on your behalf. and the buyer must on completion reimburse to the seller the cost of that insurance (to the extent not A5.5 The deposit: already paid by the buyer or a tenant or other third party) for the period from and including the contract date to completion. (a) is to be held as stakeholder where VAT would be chargeable on the deposit were it to be held as agent for the seller, but otherwise is to be held as stated in the sale conditions; and G3.2 No damage to or destruction of the lot nor any deterioration in its condition, however caused, entitles the buyer to any reduction in price, or to delay completion, or to refuse to complete. (b) must be paid in pounds sterling by cheque or by bankers’ draft made payable to us on an approved financial institution. The extra auction conduct conditions may state if we accept any other form of G3.3 Section 47 of the Law of Property Act 1925 does not apply. payment. G3.4 Unless the buyer is already lawfully in occupation of the lot the buyer has no right to enter into occupation A5.6 We may retain the sale memorandum signed by or on behalf of the seller until the deposit has been received prior to completion. in cleared funds. G4. Title and identity A5.7 If the buyer does not comply with its obligations under the contract then: G4.1 Unless condition G4.2 applies, the buyer accepts the title of the seller to the lot as at the contract date and (a) you are personally liable to buy the lot even if you are acting as an agent; and may raise no requisition or objection except in relation to any matter that occurs after the contract date. (b) you must indemnify the seller in respect of any loss the seller incurs as a result of the buyer’s default. G4.2 If any of the documents is not made available before the auction the following provisions apply: A5.8 Where the buyer is a company you warrant that the buyer is properly constituted and able to buy the lot. (a) The buyer may raise no requisition on or objection to any of the documents that is made available before the auction. A6 Extra Auction Conduct Conditions (b) If the lot is registered land the seller is to give to the buyer within five business days of the contract date A6.1 Despite any special condition to the contrary the minimum deposit we accept is £2,000 (or the total price, if an official copy of the entries on the register and title plan and, where noted on the register, of all less). A special condition may, however, require a higher minimum deposit. documents subject to which the lot is being sold. (c) If the lot is not registered land the seller is to give to the buyer within five business days an abstract or General conditions of sale epitome of title starting from the root of title mentioned in the special conditions (or, if none is mentioned, Words in bold type have special meanings, which are defined in the Glossary. a good root of title more than fifteen years old) and must produce to the buyer the original or an examined The general conditions (including any extra general conditions) apply to the contract except to the extent that they are copy of every relevant document. varied by special conditions or by an addendum. (d) If title is in the course of registration, title is to consist of certified copies of: G1. The lot (i) the application for registration of title made to the land registry; G1.1 The lot (including any rights to be granted or reserved, and any exclusions from it) is described in the special (ii) the documents accompanying that application; conditions, or if not so described the lot is that referred to in the sale memorandum. (iii) evidence that all applicable stamp duty land tax relating to that application has been paid; and G1.2 The lot is sold subject to any tenancies disclosed by the special conditions, but otherwise with vacant (iv) a letter under which the seller or its conveyancer agrees to use all reasonable endeavours to answer any possession on completion. requisitions raised by the land registry and to instruct the land registry to send the completed registration G1.3 The lot is sold subject to all matters contained or referred to in the documents, but excluding any financial documents to the buyer. charges: these the seller must discharge on or before completion. (e) The buyer has no right to object to or make requisitions on any title information more than seven business G1.4 The lot is also sold subject to such of the following as may affect it, whether they arise before or after the days after that information has been given to the buyer. 24 Common Auction Conditions of Sale

G4.3 Unless otherwise stated in the special conditions the seller sells with full title guarantee except that (and the to which the buyer is entitled that the seller subsequently receives in cleared funds. transfer shall so provide): G10.3 Income and outgoings are to be apportioned at actual completion date unless: (a) the covenant set out in section 3 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not (a) the buyer is liable to pay interest; and extend to matters recorded in registers open to public inspection; these are to be treated as within the (b) the seller has given notice to the buyer at any time up to completion requiring apportionment on the date buyer actual knowledge of the ; and from which interest becomes payable by the buyer; (b) the covenant set out in section 4 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not in which event income and outgoings are to be apportioned on the date from which interest becomes payable lot lot extend to any condition or tenant’s obligation relating to the state or condition of the where the is by the buyer. leasehold property. G10.4 Apportionments are to be calculated on the basis that: G4.4 The transfer is to have effect as if expressly subject to all matters subject to which the lot is sold under the (a) the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to contract. be made; G4.5 The seller does not have to produce, nor may the buyer object to or make a requisition in relation to, any prior or superior title even if it is referred to in the documents. (b) annual income and expenditure accrues at an equal daily rate assuming 365 days in a year, and income and expenditure relating to some other period accrues at an equal daily rate during the period to which it seller buyer G4.6 The (and, if relevant, the ) must produce to each other such confirmation of, or evidence of, their relates; and identity and that of their mortgagees and attorneys (if any) as is necessary for the other to be able to comply completion with applicable Land Registry Rules when making application for registration of the transaction to which the (c) where the amount to be apportioned is not known at apportionment is to be made by seller buyer conditions apply. reference to a reasonable estimate and further payment is to be made by or as appropriate within five business days of the date when the amount is known. G5. Transfer G11. Arrears G5.1 Unless a form of transfer is prescribed by the special conditions: (a) the buyer must supply a draft transfer to the seller at least ten business days before the agreed Part 1 Current rent completion date and the engrossment (signed as a deed by the buyer if condition G5.2 applies) five G11.1 ‘Current rent’ means, in respect of each of the tenancies subject to which the lot is sold, the instalment of business days before that date or (if later) two business days after the draft has been approved by the rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four seller; and months preceding completion. (b) the seller must approve or revise the draft transfer within five business days of receiving it from the G11.2 If on completion there are any arrears of current rent the buyer must pay them, whether or not details of buyer. those arrears are given in the special conditions. G5.2 If the seller remains liable in any respect in relation to the lot (or a tenancy) following completion the buyer is G11.3 Parts 2 and 3 of this condition G11 do not apply to arrears of current rent. specifically to covenant in the transfer to indemnify the seller against that liability. Part 2 Buyer to pay for arrears G5.3 The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one G11.4 Part 2 of this condition G11 applies where the special conditions give details of arrears. transfer. G11.5 The buyer is on completion to pay, in addition to any other money then due, an amount equal to all arrears G6. Completion of which details are set out in the special conditions. G6.1 Completion is to take place at the offices of the seller’s conveyancer, or where the seller may reasonably G11.6 If those arrears are not old arrears the seller is to assign to the buyer all rights that the seller has to recover require, on the agreed completion date. The seller can only be required to complete on a business day and those arrears. between the hours of 0930 and 1700. Part 3 Buyer not to pay for arrears G6.2 The amount payable on completion is the balance of the price adjusted to take account of apportionments G11.7 Part 3 of this condition G11 applies where the special conditions: plus (if applicable) VAT and interest. (a) so state; or G6.3 Payment is to be made in pounds sterling and only by: (b) give no details of any arrears. (a) direct transfer to the seller’s conveyancer’s client account; and G11.8 While any arrears due to the seller remain unpaid the buyer must: (b) the release of any deposit held by a stakeholder. (a) try to collect them in the ordinary course of management but need not take legal proceedings or forfeit the G6.4 Unless the seller and the buyer otherwise agree, completion cannot take place until both have complied with tenancy; their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. (b) pay them to the seller within five business days of receipt in cleared funds (plus interest at the interest rate calculated on a daily basis for each subsequent day’s delay in payment); G6.5 If completion takes place after 1400 hours for a reason other than the seller’s default it is to be treated, for the purposes of apportionment and calculating interest, as if it had taken place on the next business day. (c) on request, at the cost of the seller, assign to the seller or as the seller may direct the right to demand and sue for old arrears, such assignment to be in such form as the seller’s conveyancer may reasonably G6.6 Where applicable the contract remains in force following completion. require; G7. Notice to complete (d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart of any tenancy G7.1 The seller or the buyer may on or after the agreed completion date but before completion give the other against an undertaking to hold it to the buyer’s order; business days notice to complete within ten (excluding the date on which the notice is given) making time of (e) not without the consent of the seller release any tenant or surety from liability to pay arrears or accept a the essence. surrender of or forfeit any tenancy under which arrears are due; and ready to complete G7.2 The person giving the notice must be . (f) if the buyer disposes of the lot prior to recovery of all arrears obtain from the buyer’s successor in title a G7.3 If the buyer fails to comply with a notice to complete the seller may, without affecting any other remedy the covenant in favour of the seller in similar form to part 3 of this condition G11. seller has: G11.9 Where the seller has the right to recover arrears it must not without the buyer’s written consent bring (a) terminate the contract; insolvency proceedings against a tenant or seek the removal of goods from the lot. (b) claim the deposit and any interest on it if held by a stakeholder; G12. Management (c) forfeit the deposit and any interest on it; G12.1 This condition G12 applies where the lot is sold subject to tenancies. (d) resell the lot; and G12.2 The seller is to manage the lot in accordance with its standard management policies pending completion. (e) claim damages from the buyer. G12.3 The seller must consult the buyer on all management issues that would affect the buyer after completion G7.4 If the seller fails to comply with a notice to complete the buyer may, without affecting any other remedy the (such as, but not limited to, an application for licence; a rent review; a variation, surrender, agreement to buyer has: surrender or proposed forfeiture of a tenancy; or a new tenancy or agreement to grant a new tenancy) and: contract (a) terminate the ; and (a) the seller must comply with the buyer’s reasonable requirements unless to do so would (but for the (b) recover the deposit and any interest on it from the seller or, if applicable, a stakeholder. indemnity in paragraph (c)) expose the seller to a liability that the seller would not otherwise have, in which G8. If the contract is brought to an end case the seller may act reasonably in such a way as to avoid that liability; If the contract is lawfully brought to an end: (b) if the seller gives the buyer notice of the seller’s intended act and the buyer does not object within five business days seller seller (a) the buyer must return all papers to the seller and appoints the seller its agent to cancel any registration of giving reasons for the objection the may act as the intends; and the contract; and (c) the buyer is to indemnify the seller against all loss or liability the seller incurs through acting as the buyer buyer (b) the seller must return the deposit and any interest on it to the buyer (and the buyer may claim it from the requires, or by reason of delay caused by the . stakeholder, if applicable) unless the seller is entitled to forfeit the deposit under condition G7.3. G13. Rent deposits G9. Landlord’s licence G13.1 This condition G13 applies where the seller is holding or otherwise entitled to money by way of rent deposit tenancy condition G9.1 Where the lot is or includes leasehold land and licence to assign is required this condition G9 applies. in respect of a . In this G13 ‘rent deposit deed’ means the deed or other document under which the rent deposit is held. G9.2 The contract is conditional on that licence being obtained, by way of formal licence if that is what the landlord seller completion buyer lawfully requires. G13.2 If the rent deposit is not assignable the must on hold the rent deposit on trust for the and, subject to the terms of the rent deposit deed, comply at the cost of the buyer with the buyer’s lawful G9.3 The agreed completion date is not to be earlier than the date five business days after the seller has given instructions. notice to the buyer that licence has been obtained. G13.3 Otherwise the seller must on completion pay and assign its interest in the rent deposit to the buyer under an G9.4 The seller must: assignment in which the buyer covenants with the seller to: (a) use all reasonable endeavours to obtain the licence at the seller’s expense; and (a) observe and perform the seller’s covenants and conditions in the rent deposit deed and indemnify the (b) enter into any authorised guarantee agreement properly required. seller in respect of any breach; buyer G9.5 The must: (b) give notice of assignment to the tenant; and (a) promptly provide references and other relevant information; and (c) give such direct covenant to the tenant as may be required by the rent deposit deed. (b) comply with the landlord’s lawful requirements. G14. VAT G9.6 If within three months of the contract date (or such longer period as the seller and buyer agree) the licence sale condition has not been obtained the seller or the buyer may (if not then in breach of any obligation under this condition G14.1 Where a requires money to be paid or other consideration to be given, the payer must also VAT VAT G9) by notice to the other terminate the contract at any time before licence is obtained. That termination is pay any that is chargeable on that money or consideration, but only if given a valid invoice. without prejudice to the claims of either seller or buyer for breach of this condition G9. G14.2 Where the special conditions state that no VAT option has been made the seller confirms that none has been made by it or by any company in the same VAT group nor will be prior to completion. G10. Interest and apportionments G10.1 If the actual completion date is after the agreed completion date for any reason other than the seller’s G15. Transfer as a going concern default the buyer must pay interest at the interest rate on the price (less any deposit paid) from the agreed G15.1 Where the special conditions so state: completion date up to and including the actual completion date. (a) the seller and the buyer intend, and will take all practicable steps (short of an appeal) to procure, that the G10.2 Subject to condition G11 the seller is not obliged to apportion or account for any sum at completion unless sale is treated as a transfer of a going concern; and the seller has received that sum in cleared funds. The seller must pay to the buyer after completion any sum (b) this condition G15 applies. 25 Common Auction Conditions of Sale

G15.2 The seller confirms that the seller environmental condition of the lot. (a) is registered for VAT, either in the seller’s name or as a member of the same VAT group; and G21.3 The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental (b) has (unless the sale is a standard-rated supply) made in relation to the lot a VAT option that remains valid condition of the lot. and will not be revoked before completion. G22. Service Charge G15.3 The buyer confirms that: G22.1 This condition G22 applies where the lot is sold subject to tenancies that include service charge provisions. (a) it is registered for VAT, either in the buyer’s name or as a member of a VAT group; G22.2 No apportionment is to be made at completion in respect of service charges. (b) it has made, or will make before completion, a VAT option in relation to the lot and will not revoke it G22.3 Within two months after completion the seller must provide to the buyer a detailed service charge account before or within three months after completion; for the service charge year current on completion showing: (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it; and (a) service charge expenditure attributable to each tenancy; (d) it is not buying the lot as a nominee for another person. (b) payments on account of service charge received from each tenant; G15.4 The buyer is to give to the seller as early as possible before the agreed completion date evidence: (c) any amounts due from a tenant that have not been received; (a) of the buyer’s VAT registration; (d) any service charge expenditure that is not attributable to any tenancy and is for that reason irrecoverable. (b) that the buyer has made a VAT option; and G22.4 In respect of each tenancy, if the service charge account shows that: (c) that the VAT option has been notified in writing to HM Revenue and Customs; (a) payments on account (whether received or still then due from a tenant) exceed attributable service charge and if it does not produce the relevant evidence at least two business days before the agreed completion expenditure, the seller must pay to the buyer an amount equal to the excess when it provides the service date, condition G14.1 applies at completion. charge account; G15.5 The buyer confirms that after completion the buyer intends to: (b) attributable service charge expenditure exceeds payments on account (whether those payments have been (a) retain and manage the lot for the buyer’s own benefit as a continuing business as a going concern subject received or are still then due), the buyer must use all reasonable endeavours to recover the shortfall from to and with the benefit of the tenancies; and the tenant at the next service charge reconciliation date and pay the amount so recovered to the seller (b) collect the rents payable under the tenancies and charge VAT on them within five business days of receipt in cleared funds; G15.6 If, after completion, it is found that the sale of the lot is not a transfer of a going concern then: but in respect of payments on account that are still due from a tenant condition G11 (arrears) applies. (a) the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide a VAT invoice in G22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller must pay the respect of the sale of the lot; expenditure incurred in respect of the period before actual completion date and the buyer must pay the (b) the buyer must within five business days of receipt of the VAT invoice pay to the seller the VAT due; and expenditure incurred in respect of the period after actual completion date. Any necessary monetary adjustment is to be made within five business days of the seller providing the service charge account to the (c) if VAT is payable because the buyer has not complied with this condition G15, the buyer must pay and buyer. indemnify the seller against all costs, interest, penalties or surcharges that the seller incurs as a result. G22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure or a G16. Capital allowances depreciation fund: condition special conditions G16.1 This G16 applies where the state that there are capital allowances available in (a) the seller must pay it (including any interest earned on it) to the buyer on completion; and respect of the lot. (b) the buyer must covenant with the seller to hold it in accordance with the terms of the tenancies and to seller buyer buyer G16.2 The is promptly to supply to the all information reasonably required by the in connection indemnify the seller if it does not do so. with the buyer’s claim for capital allowances. G16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the special G23. Rent reviews conditions. G23.1 This condition G23 applies where the lot is sold subject to a tenancy under which a rent review due on or actual completion date G16.4 The seller and buyer agree: before the has not been agreed or determined. seller actual completion date (a) to make an election on completion under Section 198 of the Capital Allowances Act 2001 to give effect to G23.2 The may continue negotiations or rent review proceedings up to the but may this condition G16; and not agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer, such consent not to be unreasonably withheld or delayed. (b) to submit the value specified in the special conditions to HM Revenue and Customs for the purposes of completion buyer their respective capital allowance computations. G23.3 Following the must complete rent review negotiations or proceedings as soon as reasonably practicable but may not agree the level of the revised rent without the written consent of the seller, G17. Maintenance agreements such consent not to be unreasonably withheld or delayed. G17.1 The seller agrees to use reasonable endeavours to transfer to the buyer, at the buyer’s cost, the benefit of G23.4 The seller must promptly: special conditions the maintenance agreements specified in the . (a) give to the buyer full details of all rent review negotiations and proceedings, including copies of all G17.2 The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the correspondence and other papers; and actual completion date. (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings. G18. Landlord and Tenant Act 1987 G23.5 The seller and the buyer are to keep each other informed of the progress of the rent review and have regard G18.1 This condition G18 applies where the sale is a relevant disposal for the purposes of part I of the Landlord and to any proposals the other makes in relation to it. Tenant Act 1987. G23.6 When the rent review has been agreed or determined the buyer must account to the seller for any increased G18.2 The seller warrants that the seller has complied with sections 5B and 7 of that Act and that the requisite rent and interest recovered from the tenant that relates to the seller’s period of ownership within five majority of qualifying tenants has not accepted the offer. business days of receipt of cleared funds. G19. Sale by practitioner G23.7 If a rent review is agreed or determined before completion but the increased rent and any interest recoverable G19.1 This condition G19 applies where the sale is by a practitioner either as seller or as agent of the seller. from the tenant has not been received by completion the increased rent and any interest recoverable is to be treated as arrears. G19.2 The practitioner has been duly appointed and is empowered to sell the lot. G23.8 The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings. G19.3 Neither the practitioner nor the firm or any member of the firm to which the practitioner belongs has any personal liability in connection with the sale or the performance of the seller’s obligations. The transfer is to G24. Tenancy renewals include a declaration excluding that personal liability. G24.1 This condition G24 applies where the tenant under a tenancy has the right to remain in occupation under G19.4 The lot is sold: part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to (a) in its condition at completion; notices and proceedings under that Act. (b) for such title as the seller may have; and G24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not without the written buyer buyer (c) with no title guarantee; consent of the (which the must not unreasonably withhold or delay) serve or respond to any notice or begin or continue any proceedings. and the buyer has no right to terminate the contract or any other remedy if information provided about the lot seller seller buyer business days is inaccurate, incomplete or missing. G24.3 If the receives a notice the must send a copy to the within five and act as the buyer reasonably directs in relation to it. G19.5 Where relevant: G24.4 Following completion the buyer must: (a) the documents must include certified copies of those under which the practitioner is appointed, the document of appointment and the practitioner’s acceptance of appointment; and (a) with the co-operation of the seller take immediate steps to substitute itself as a party to any proceedings; (b) the seller may require the transfer to be by the lender exercising its power of sale under the Law of (b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewal of the tenancy Property Act 1925. and the determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable; and G19.6 The buyer understands this condition G19 and agrees that it is fair in the circumstances of a sale by a practitioner. (c) if any increased rent is recovered from the tenant (whether as interim rent or under the renewed tenancy) account to the seller for the part of that increase that relates to the seller’s period of ownership of the lot G20. TUPE within five business days of receipt of cleared funds. special conditions TUPE G20.1 If the state ‘There are no employees to which applies’, this is a warranty by the G24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any seller to this effect. proceedings relating to this. G20.2 If the special conditions do not state ‘There are no employees to which TUPE applies’ the following paragraphs apply: G25. Warranties special conditions (a) The seller must notify the buyer of those employees whose contracts of employment will transfer to the G25.1 Available warranties are listed in the . buyer on completion (the ‘Transferring Employees’). This notification must be given to the buyer not less G25.2 Where a warranty is assignable the seller must: than 14 days before completion. (a) on completion assign it to the buyer and give notice of assignment to the person who gave the warranty; (b) The buyer confirms that it will comply with its obligations under TUPE and any special conditions in and respect of the Transferring Employees. (b) apply for (and the seller and the buyer must use all reasonable endeavours to obtain) any consent to (c) The buyer and the seller acknowledge that pursuant and subject to TUPE, the contracts of employment assign that is required. If consent has not been obtained by completion the warranty must be assigned between the Transferring Employees and the seller will transfer to the buyer on completion. within five business days after the consent has been obtained. (d) The buyer is to keep the seller indemnified against all liability for the Transferring Employees after G25.3 If a warranty is not assignable the seller must after completion: completion. (a) hold the warranty on trust for the buyer; and G21. Environmental (b) at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to the warranty as seller seller G21.1 This condition G21 only applies where the special conditions so provide. do not place the in breach of its terms or expose the to any liability or penalty. G21.2 The seller has made available such reports as the seller has as to the environmental condition of the lot and G26. No assignment has given the buyer the opportunity to carry out investigations (whether or not the buyer has read those The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part of the buyer’s reports or carried out any investigation) and the buyer admits that the price takes into account the interest under this contract. 26 Common Auction Conditions of Sale

G27. Registration at the Land Registry G30.4.1.1 that the bidder (or anyone signing on behalf of the buyer) has the express authority to do so and G27.1 This condition G27.1 applies where the lot is leasehold and its sale either triggers first registration or is a to bind the buyer; and buyer registrable disposition. The must at its own expense and as soon as practicable: G30.4.1.2 that the instrument of payment of the deposit will be honoured on first presentation and within 3 (a) procure that it becomes registered at Land Registry as proprietor of the lot; business days of presentation. (b) procure that all rights granted and reserved by the lease under which the lot is held are properly noted G30.4.2 In consideration of the seller entering into the contract at the request of the bidder, the bidder shall be jointly against the affected titles; and and severally liable with the buyer to observe and perform the terms of the contract notwithstanding that the (c) provide the seller with an official copy of the register relating to such lease showing itself registered as bidder purports to act as agent for the buyer and despite purporting to sign the sale memorandum on proprietor. behalf of the buyer. G27.2 This condition G27.2 applies where the lot comprises part of a registered title. The buyer must at its own G30.4.3 If the buyer shall be a company then: expense and as soon as practicable: G30.4.3.1 the contract shall have been entered into at the request of the bidder; (a) apply for registration of the transfer; G30.4.3.2 the bidder warrants that the buyer is a properly constituted company of good standing with the (b) provide the seller with an official copy and title plan for the buyer’s new title; and power to purchase any estate or interest in land in England and Wales and that the bidder has seller (c) join in any representations the may properly make to Land Registry relating to the application. been duly authorised by the buyer to bind the buyer to purchase the lot; G28. Notices and other communications G30.4.3.3 the bidder guarantees to the seller that: G28.1 All communications, including notices, must be in writing. Communication to or by the seller or the buyer may G30.4.3.3.1 the bidder shall within 5 business days of any request by the seller produce to the be given to or by their conveyancers. seller such evidence as he may require to confirm the warranties given by the G28.2 A communication may be relied on if: bidder; (a) delivered by hand; or G30.4.3.3.2 the buyer will observe and perform its obligations under the contract to purchase (b) made electronically and personally acknowledged (automatic acknowledgement does not count); or the lot and the bidder will make good to and keep the seller indemnified against all (c) there is proof that it was sent to the address of the person to whom it is to be given (as specified in the losses, costs, actions, damages and expenses of the seller arising as a result of the sale memorandum) by a postal service that offers normally to deliver mail the next following business day. buyer failing to observe its obligations under the contract and the liabilities of the G28.3 A communication is to be treated as received: bidder under this provision shall not be released by any delay on the part of the (a) when delivered, if delivered by hand; or seller in enforcing the contract against the buyer or by giving any time to the (b) when personally acknowledged, if made electronically; but if delivered or made after 1700 hours on a buyer in which to perform its obligations; business day a communication is to be treated as received on the next business day. G30.4.3.3.3 if any liquidator of the buyer shall disclaim the contract then the seller may within G28.4 A communication sent by a postal service that offers normally to deliver mail the next following business day 60 business days of receiving notification of such disclaimer give 10 business will be treated as received on the second business day after it has been posted. days notice to the bidder requiring the bidder to complete the contract as if the bidder buyer contract G29. Contracts (Rights of Third Parties) Act 1999 were the and upon the same terms and conditions of the (including the payment of all interest and costs stipulated in the conditions). No one is intended to have any benefit under the contract pursuant to the Contract (Rights of Third Parties) Act 1999. G30.5. Tenancies G30. Extra Conditions of Sale G30.5.1 This condition applies where the lot is sold subject to tenancies. buyer tenancies seller G30.1. Variation of Glossary G30.5.2 The shall accept such evidence or information of the terms of the as the can supply. seller particulars conditions G30.1.1 An approved financial institution is a member of CHAPS Limited that is a UK bank or building society that G30.5.3 No representation is made by the that the rents stated in the or the are being seller has signed up to the Banking Code or is otherwise acceptable to the auctioneers. paid or are properly payable, only that they are the rents actually payable to the . G30.1.2 The interest rate, if not specified in the special conditions, is 5% above the base rate from time to time of G30.5.4 The buyer will satisfy himself before the auction as to the correctness of all rents and as to whether they are Barclays Bank plc. properly payable. G30.1.3 The bidder is the person to whom the lot is knocked down and who actually bids for the lot. G30.5.5 The buyer shall purchase the lot subject to any sub-tenancies regardless of whether they have been G30.1.4 The included items means all fixtures and fittings (except tenant’s and trade fixtures and fittings) and, where disclosed in the particulars or the conditions. relevant and applicable, any other furniture, furnishings, plant, machinery, pipes, wires or other conducting G30.6. Sale by Private Treaty media or any other equipment or other items expressed to be included in the sale of the lot. The seller reserves the right to sell any part of the lot by private treaty before the auction. G30.2. Variation of General Conditions G30.7. Alterations to Particulars general condition G30.2.1 The following shall be added to G1.4: The seller reserves the right to alter or add to the particulars and/or the conditions applicable to the lot at any time “(j) all matters that are unregistered interests which fall within any of the paragraphs of Schedules 1 and 3 of prior to the auction. the Land Registration Act 2002 and all such unregistered interests as affect the lot to the extent that they are preserved by the transitional provisions of Schedule 12 of the Land Registration Act 2002”. G30.8. Limitation of liability of the Auctioneers G30.2.2 General Condition G2.2(b) shall be deleted and be replaced by the following: G30.8.1 For the avoidance of doubt, the liability of the Auctioneers or any of its parent companies subsidiaries, “will be held by the auctioneers as stakeholder unless the special conditions provide otherwise”. affiliates, third party service providers, licensors, officers, directors or employees is not excluded or limited for death or personal injury resulting from its negligence, for fraudulent misrepresentation, or in relation to any G30.2.3 General Condition G2.3 shall be deleted and replaced by the following: other liability that may not by applicable law be excluded or limited. “G2.3 Where the Auctioneers hold the deposit as stakeholder: G30.8.2 Subject to clause G30.8.1, neither the Auctioneers nor any of its parent companies, subsidiaries, affiliates, (a) The Buyer hereby irrevocably authorises the Auctioneer to release such deposit to the Seller’s conveyancer third party service providers, licensors, officers, directors or employees accepts any liability under or in relation upon receipt by the Auctioneers of written confirmation from the Seller’s conveyancer that Completion has taken place and, for the avoidance of doubt, upon the Auctioneers releasing the deposit, their liability as to these Conditions or the Lot (whether such liability arises due to negligence, breach of contract, stakeholder shall be discharged; misrepresentation or for any other reason) for any loss of profits; loss of sales or turnover; loss of business; loss of, or loss of use of, any software and/or data; loss of or damage to reputation; loss of opportunity; loss (b) If completion does not take place the Seller and the Buyer hereby irrevocably authorise the Auctioneers to of information; loss of anticipated savings; lost or wasted time; indirect loss or damage; consequential loss or release it to the person entitled to it under the Sale Conditions; damage; or special loss or damage even if the Auctioneers or any of its parent companies, subsidiaries, G30.2.4 General condition G2.4 shall be deleted and shall be replaced by the following: affiliates, service providers, licensors, officers, directors or employees have been advised of the possibility of “If the instrument of payment of the deposit is not honoured on first presentation or if the buyer fails to pay such loss and for the purposes of this clause the term “loss” includes a partial loss or reduction in value as the deposit the seller shall have the option of rescinding the contract or affirming the contract and if the seller affirms the contract then either: well as a complete or total loss. G30.2.4.1 the seller may determine the contract and forfeit the deposit, which shall remain due to the G30.9. Included Items seller, and in addition the buyer shall remain liable on his instrument of payment; or The buyer shall satisfy himself as to the ownership of all included items before making a bid for the lot. In addition, the G30.2.4.2 the seller may seek performance of the contract and in either case if the seller brings the buyer shall satisfy himself as to whether or not any included items are owned by the seller or any tenants of the lot or contract to an end such an act will be without prejudice to his right to bring a claim against the are on hire or hire purchase from any relevant supply company. The seller accepts no responsibility in respect of buyer for breach of contract. payments that may be outstanding in respect of them or any responsibility or liability in the matter whatsoever. G30.2.5 In general condition G6.5 the word “1400” shall be deleted and replaced by the word “1300”. G30.10. Release of Seller from Covenants in Leases general condition G30.2.6 In G7.1 the words “on or after” shall be deleted and replaced by the words “at any time G30.10.1 This condition applies where the lot is sold subject to tenancies and the provisions of the Landlord and after 1300 hours on”. Tenant (Covenants) Act 1995 apply and references to notices and proceedings are to notices and G30.2.7 In general condition G8(b) the words “and any interest on it” shall be deleted. proceedings under that Act. general condition G30.2.8 The words “(less any deposit paid)” shall be deleted from G10.1. G30.10.2 The seller may within the period commencing on the date of the sale memorandum up to completion serve G30.2.9 The words “In addition, the seller shall be entitled to receive income in respect of the lot during any period of notice on any tenant of the lot in accordance with the Act requesting a complete release of the seller from delay in completion up to the actual completion date” shall be added to general condition G10.1. future liability under the lessor covenants contained in any relevant tenancies. buyer seller G30.2.10 The words “subject to the providing such security against loss or liability as the shall reasonably G30.10.3 If the seller serves any such notice the seller shall use reasonable endeavours to obtain such a release general condition require” shall be inserted at the beginning of G12.3(a). without being obliged to apply to the court for a declaration and the buyer agrees promptly to supply at the G30.2.11 In general condition G12.3(b) the words “business days” shall be deleted and replaced by the words buyer’s cost such information as the seller reasonably requires to satisfy the tenant under any relevant “business days (or such shorter period as the seller shall reasonably stipulate)”. tenancy or the court that it is reasonable to grant the release requested. G30.3. Conditions of Sale G30.10.4 If the seller fails to obtain any such release from the said covenants by completion or does not serve any G30.3.1 The buyer shall be deemed to have full knowledge of the conditions (copies of which are available for such notice then, in the transfer, the buyer shall covenant with the seller: inspection at the offices of the auctioneers and the seller’s conveyancer during business hours and in the sale G30.10.4.1 to serve notice in writing on the seller on completion or within 5 business days after completion room). of the transfer of the lot or any part of it by the buyer to any transferee of the buyer special conditions special conditions G30.3.2 If there is any conflict between these conditions and the , the shall G30.10.4.2 until such time (if ever) that the seller is released from the lessor’s covenants in any relevant prevail. tenancy, the buyer will obtain a covenant from his transferee in favour of the seller in identical G30.3.3 If at any time any of the conditions become invalid illegal or enforceable in any respect under any law the form (mutatis mutandis) to this clause and the parties will apply to the Chief Land Registrar to validity illegality and enforceability of the remaining conditions shall not be in any way affected or impaired enter in the Proprietorship Register of the title to the lot a restriction preventing the registration of thereby. any further transfer of the lot except under an Order of the Registrar unless the application is G30.4. Liabilities of the Bidder accompanied by a certificate by the solicitors of the registered proprietor stating either that the G30.4.1 If the bidder makes a successful bid for the lot, the bidder shall be deemed to have given a warranty on the provisions of this clause have been performed or that the seller has been fully released from part of himself, the buyer and anyone signing the sale memorandum on behalf of the buyer: future liability under the covenants contained in any relevant tenancy. 27 Savills Extra Conditions of Sale

1 Variation of Glossary 4 Liabilities of the Bidder 1.1 An approved bank is a member of CHAPS Limited. 4.1 If the bidder makes a successful bid for the lot, the bidder shall be deemed to have given 1.2 The interest rate, if not specified in the special conditions, is 5% above the base rate a warranty on the part of himself, the buyer and anyone signing the sale memorandum from time to time of Barclays Bank plc. on behalf of the buyer: bidder buyer 1.3 The bidder is the person to whom the lot is knocked down and sold by the auctioneers 4.1.1 that the (or anyone signing on behalf of the ) has the express authority to do so and to bind the buyer; and and who actually bids for the lot. 4.1.2 that the instrument of payment of the deposit will be honoured on first presentation 1.4 The included items means all fixtures and fittings (except tenant’s and trade fixtures and and within 3 business days of presentation. fittings) and, where relevant and applicable, any other furniture, furnishings, plant, 4.2 In consideration of the seller entering into the contract at the request of the bidder, the machinery, pipes, wires or other conducting media or any other equipment or other items bidder shall be jointly and severally liable with the buyer to observe and perform the terms expressed to be included in the sale of the lot. of the contract notwithstanding that the bidder purports to act as agent for the buyer and 2 Variation of General Conditions despite purporting to sign the sale memorandum on behalf of the buyer. 2.1 General conditions 11.3, 13, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 and 27 shall not 4.3 If the buyer shall be a company then: apply. 4.3.1 the contract shall have been entered into at the request of the bidder; 2.2 The following shall be added to general condition 1.3: 4.3.2 the bidder warrants that the buyer is a properly constituted company of good “(j) all matters that are unregistered interests which fall within any of the paragraphs of standing with the power to purchase any estate or interest in land in England and Schedules 1 and 3 of the Land Registration Act 2002 and all such unregistered interests Wales and that the bidder has been duly authorised by the buyer to bind the buyer lot as affect the lot to the extent that they are preserved by the transitional provisions of to purchase the ; 4.3.3 the bidder guarantees to the seller that: Schedule 12 of the Land Registration Act 2002”. 4.3.3.1 the bidder shall within 5 business days of any request by the seller produce 2.3 Paragraph (a) of general condition 2.2 shall be deleted and shall be replaced by the to the seller such evidence as he may require to confirm the warranties given following: by the bidder; “The deposit shall be paid by such method as the auctioneers shall direct and if required 4.3.3.2 the buyer will observe and perform its obligations under the contract to the buyer shall produce such evidence of his identity as the auctioneers shall reasonably purchase the lot and the bidder will make good to and keep the seller require of his identity and credit-worthiness and that his instrument of payment will be indemnified against all losses, costs, actions, damages and expenses of the honoured”. seller arising as a result of the buyer failing to observe its obligations under 2.4 General condition 2.4 shall be deleted and shall be replaced by the following: the contract and the liabilities of the bidder under this provision shall not be “If the instrument of payment of the deposit is not honoured on first presentation or if the released by any delay on the part of the seller in enforcing the contract buyer fails to pay the deposit the seller shall have the option of rescinding the contract against the buyer or by giving any time to the buyer in which to perform its or affirming the contract and if the seller affirms the contract then either: obligations; buyer contract seller 2.4.1 the seller may determine the contract and forfeit the deposit, which shall remain due 4.3.3.3 if any liquidator of the shall disclaim the then the may within 60 business days of receiving notification of such disclaimer give 10 to the seller, and in addition the buyer shall remain liable on his instrument of business days’ notice to the bidder requiring the bidder to complete the payment; or contract as if the bidder were the buyer and upon the same terms and seller contract seller 2.4.2 the may seek performance of the but if the rescinds the conditions of the contract (including the payment of all interest and costs contract such rescission will be without prejudice to his right to bring a claim against stipulated in the conditions). the buyer for breach of contract. 5 Tenancies 2.5 In general condition 3.2 the words “on completion” are to be inserted immediately prior 5.1 This condition applies where the lot is sold subject to tenancies. to the words “the cost of insurance”. 5.2 The buyer shall accept such evidence or information of the terms of the tenancies as the 2.6 In general condition 4.3 the word “full” shall be deleted and replaced by the word “limited”. seller can supply. 2.7 In general condition 5.1(a) the word “10” shall be deleted and replaced by the word “12”. 5.3 No representation is made by the seller that the rents stated in the particulars or the 2.8 In general condition 6.5 the word “1400” shall be deleted and replaced by the word conditions are being paid or are properly payable, only that they are the rents actually seller “1300”. payable to the . 5.4 The buyer will satisfy himself before the auction as to the correctness of all rents and as 2.9 In general condition 7.1 the words “on or after” shall be deleted and replaced by the to whether they are properly payable. words “at any time after 1300 hours on”. 5.5 The buyer shall purchase the lot subject to any sub-tenancies regardless of whether they general condition 2.10 The following shall be added to 7: have been disclosed in the particulars or the conditions. “7.5 If the seller serves a notice to complete on the buyer the buyer shall pay to the seller 6 Maintenance Agreements by not later than the actual completion date a contribution of £175.00 plus VAT towards 6.1 This condition applies to any maintenance agreements referred to in the special the seller’s costs of preparing and serving the notice. This contribution is payable in conditions. addition to all other costs, interest and other monies for which the buyer may be liable”. 6.2 The seller agrees to use reasonable endeavours to transfer to the buyer at the buyer’s 2.11 General condition 9.4 shall be deleted and shall be replaced by the following: cost the benefit of the maintenance agreements. “Unless he is in breach of his obligations under general conditions 9.2 or 9.3 the seller or 6.3 The seller will assign the benefit of the maintenance agreements to the buyer on the buyer may by notice to the other rescind the contract at any time if 3 business days completion. The assignment of the maintenance agreements shall be prepared by the before the agreed completion date all required licences have not been obtained. In that buyer and shall contain a covenant by the buyer with the seller that the buyer will as from actual completion date seller’s case neither the seller nor the buyer is to be treated as being in breach of contract and the observe and perform the obligations under the maintenance agreements and will indemnify the seller against all claims, demands, actions, general conditions 7.3 or 7.4 shall apply as appropriate”. liabilities, damages, costs and expenses arising from and after the actual completion 2.12 The words “(less any deposit paid)” shall be deleted from general date. condition 10.1. 7 Service Charge 2.13 The words “In addition, the seller shall be entitled to receive income in respect of the lot 7.1 This condition applies where the lot is sold subject to tenancies that include service charge during any period of delay in completion up to the actual completion date” shall be provisions. added to general condition 10.1. 7.2 As soon as is reasonably practicable after the contract date the seller shall prepare a 2.14 The words “subject to the buyer providing such security against loss or liability as the seller statement (“the interim statement”) containing a summary of all service charge expenditure shall reasonably require” shall be inserted at the beginning of general condition 12.3(a). incurred or likely to be incurred in the period from the date specified in the interim statement 2.15 In general condition 12.3(b) the words “business days” shall be deleted and replaced by (“the base date”) in respect of the lot to the agreed completion date (“the interim the words “business days (or such shorter period as the seller shall reasonably stipulate)”. expenses”) and of all service charge payments received from each tenant in respect of that 3 Priority of Conditions period (“the interim receipts”). 3.1 The lot is sold subject to and with the benefit of the general conditions, the extra 7.3 If the interim statement shows that: 7.3.1 the interim expenses exceed the interim receipts the buyer must pay to the seller on conditions, the special conditions and any addendum. completion an amount equal to that excess 3.2 If there is any conflict between the general conditions and the extra conditions, the extra 7.3.2 the interim receipts exceed the interim expenses the seller must pay to the buyer on conditions shall prevail. completion an amount equal to that excess. 3.3 If there is any conflict between the general conditions, the extra conditions, and the 7.4 The seller will prepare a final statement within 3 months of completion containing a special conditions, the special conditions shall prevail. summary of all service charge expenditure actually incurred by the seller from the base 3.4 If there is any conflict between the general conditions, the extra conditions, the special date to the actual completion date (“the total expenses”) and of all service charge conditions and any addendum, the addendum shall prevail. payments received from each tenant by the seller during that period (“the total receipts”). 28 Savills Extra Conditions of Sale

7.5 If (after taking into account any payments made by either the seller or the buyer pursuant 10 Notices and Other Communications to clause 7.3 above) the final statement shows that: 10.1 All communications, including notices, must be in writing. buyer 7.5.1 the total expenses exceed the total receipts the shall pay the amount of any 10.2 Communications to or by the seller or the buyer may be given to or by their solicitors. such excess to the seller within 10 business days 10.3 Transmission of a communication by fax is a valid means of making that communication 7.5.2 the total receipts exceed the total expenses the seller shall pay the amount of any such excess to the buyer within 10 business days. where delivery of the original communication is not essential. 7.6 If the seller holds any reserve or sinking fund on account of future service charge 10.4 If a communication is delivered by hand or is otherwise proved to have been received then expenditure: it is given when delivered or received. If delivered or received after 1600 hours on a 7.6.1 the seller must assign it (including any interest earned on it) to the buyer on business day it is to be treated as received on the next business day. completion save for any amount of service charge expenditure that has been 10.5 Unless the actual time of receipt is proved, a communication sent by the following means incurred by the seller in respect of the lot but not yet paid and where the person entitled to that payment and the seller and the buyer have not entered into an is to be treated as having been delivered or received before 1600 hours on the day shown agreement whereby the seller is released from his personal responsibilities to the below: person entitled to payment 10.5.1 by first class post or recorded delivery post, on the second business day after it 7.6.2 the buyer must covenant with the seller to hold it in accordance with the terms of has been posted tenancies seller the and to indemnify the if it does not do so. 10.5.2 by second class post, on the third business day after it has been posted. 8 Rent Reviews 10.6 Where a communication is sent through a document exchange then it is to be treated as 8.1 This condition applies where the lot is sold subject to a tenancy under which a rent review due on or before the actual completion date has not been agreed or determined. having been received at 1000 hours on the first business day on which it is available for 8.2 The seller may continue negotiations or rent review proceedings but may not agree the collection at that time. level of the revised rent or commence rent review proceedings without the written consent 11 Sale by Private Treaty buyer of the , such consent not to be unreasonably withheld. The seller reserves the right to sell any part of the lot by private treaty before the auction. 8.3 If the rent review has not been agreed or determined by the actual completion date then: 12 Alterations to Particulars 8.3.1 the rent shall be apportioned on completion on the basis of the reasonable estimate seller particulars conditions of the rent that will ultimately be agreed or determined The reserves the right to alter or add to the and/or the applicable 8.3.2 following completion the buyer must complete the rent review negotiations or to the lot at any time prior to the auction. proceedings as soon as it reasonably practicable but may not agree the level of the 13 Liability of the Auctioneers revised rent without the written consent of the seller, such consent not to be The auctioneers shall be under no financial liability in respect of any matters arising out of the unreasonably withheld auction or the particulars for any lot or any of the conditions relating to any lot. No claim shall 8.3.3 as soon as reasonably practicable after the rent review has been agreed or be made against the auctioneers by the buyer in respect of any loss or damage or claim actually determined the buyer shall notify the seller and shall supply to the seller such documents or other correspondence relating to the rent review as the seller shall or allegedly suffered by or made against the buyer by reason of the buyer entering into the reasonably require contract. 8.3.4 if after taking into account the amount of the apportioned estimated rent increase 14 Included Items buyer seller completion paid by the to the on : The buyer shall satisfy himself as to the ownership of all included items before making a bid for 8.3.4.1 the amount of the apportioned actual rent increase for that period exceeds the lot. In addition, the buyer shall satisfy himself as to whether or not any included items are the amount paid by the buyer then the buyer shall pay the amount of that seller excess to the seller within 15 business days of the rent review agreement owned by the or any tenants of the lot or are on hire or hire purchase from any relevant or determination supply company. The seller accepts no responsibility in respect of payments that may be 8.3.4.2 the amount of the apportioned estimated rent increase paid by the buyer on outstanding in respect of them or any responsibility or liability in the matter whatsoever. completion exceeds the amount of the apportioned actual rent increase for 15 Release of Seller from Covenants in Leases that period then the seller shall pay the amount of that excess to the buyer 15.1 This condition applies where the lot is sold subject to tenancies and the provisions of the within 15 business days of the rent review agreement or determination. Landlord and Tenant (Covenants) Act 1995 apply and references to notices and 8.4 If the rent review is agreed or determined before completion but the increased rent and any interest recoverable from the tenant has not been received by completion the proceedings are to notices and proceedings under that Act. increased rent and any interest recoverable is to be treated as arrears. 15.2 The seller may within the period commencing on the date of the sale memorandum up 8.5 The seller and the buyer are to bear their own costs in relation to rent review negotiations to completion serve notice on any tenant of the lot in accordance with the Act requesting and proceedings. a complete release of the seller from future liability under the lessor covenants contained 9 Tenancy Renewals in any relevant tenancies. 9.1 This condition applies where the tenant under a tenancy has the right to remain in seller seller occupation under Part II of the Landlord & Tenant Act 1954 and references to notices and 15.3 If the serves any such notice the shall use reasonable endeavours to obtain proceedings are to notices and proceedings under that Act. such a release without being obliged to apply to the court for a declaration and the buyer 9.2 The seller reserves the right at any time up to the actual completion date to conclude and agrees promptly to supply at the buyer’s cost such information as the seller reasonably grant a renewal lease to the tenant. requires to satisfy the tenant under any relevant tenancy or the court that it is reasonable 9.3 If the seller is unable before the actual completion date to conclude any such renewal to grant the release requested. lease then the buyer must: seller completion 9.3.1 with the co-operation of the seller take immediate steps to substitute himself as a 15.4 If the fails to obtain any such release from the said covenants by or does party to any proceedings not serve any such notice then, in the transfer, the buyer shall covenant with the seller: 9.3.2 use all reasonable endeavours to conclude any proceedings or negotiations for the 15.4.1 to serve notice in writing on the seller on completion or within 5 business days renewal of the tenancy as soon as reasonably practicable at the best rent reasonably after completion of the transfer of the lot or any part of it by the buyer to any obtainable and for a term that begins on the day after the term of the old tenancy transferee of the buyer expires 15.4.2 until such time (if ever) that the seller is released from the lessor’s covenants in any 9.3.3 use all reasonable endeavours to conclude any proceedings or negotiations for the determination of any interim rent as soon as reasonably practicable at the best rent relevant tenancy, the buyer will obtain a covenant from his transferee in favour of reasonably obtainable and commencing on the earliest date on which the court the seller in identical form (mutatis mutandis) to this clause and the parties will would order payment of an interim rent under the provisions of the Act apply to the Chief Land Registrar to enter in the Proprietorship Register of the title 9.3.4 if any increased rent is recovered from the tenant (whether as interim rent or under to the lot a restriction preventing the registration of any further transfer of the lot the renewed tenancy) account to the seller for the part of that increase that relates except under an Order of the Registrar unless the application is accompanied by a to the seller’s period of ownership of the lot within 5 business days of receipt of cleared funds. certificate by the solicitors of the registered proprietor stating either that the 9.4 The seller and the buyer are to bear their own costs in relation to the renewal of the provisions of this clause have been performed or that the seller has been fully tenancy and any proceedings relating to this. released from future liability under the covenants contained in any relevant tenancy. 29 Sale Memorandum

Lot

Address of Property

Name and Address of Buyer

do hereby acknowledge that I/we have today purchased the property described in the particulars for the sum of £ subject to the accompanying Conditions of Sale and any addendum so far as they apply to this Lot and that I/we have paid to Savills (UK) Limited, the auctioneers, the sum of £ as a deposit and in part payment of the purchase money and I/we hereby agree to pay the balance of the purchase money and to complete the purchase according to the Conditions of Sale. Date of exchange Day of 2016

Date of completion Day of 2016

Purchase Price Deposit Balance Payable

£ £ £

Signed by or on behalf of the buyer

Name of signatory

We hereby confirm this sale and acknowledge receipt of the said deposit Signed

on behalf of Savills Auctioneers as agents for the

Seller

Buyer’s Solicitor

For the attention of

30 Telephone/Proxy/Online Bidding (Nottingham)

Remote Bidding We always strongly advise you to attend the Auction sale. In the event that this is not possible you may make a telephone, proxy (up to a pre-set limit) or online bid, authorising the Auctioneer to bid on your behalf. Please complete and return the Remote Bidding form to the Auctioneers’ office no less than two working days prior to the Auction together with a cheque for the 10% deposit and a separate cheque for our administration fee both made payable to ‘Savills (UK) Ltd’.

These terms and conditions apply to the Bidder and the Buyer (if different) and you will be bound by them if you bid by either telephone, proxy or online.

TERMS & CONDITIONS FOR REMOTE BIDDING

1. A prospective Buyer should complete and sign this registration form. Failure to 10. The prospective Buyer may, in writing only, at any time up to the commencement complete or sign the registration form will be treated as a fundamental error in the of the auction withdraw the auctioneer’s authority to bid or make alterations to the registration form that will entitle the Auctioneer to disregard your bid. registration form. It is the prospective Buyer’s responsibility to ensure that the auctioneer personally receives such instructions and the prospective Buyer should 2. The auctioneer reserves the right not to bid on behalf of the prospective Buyer check to ensure such instructions have been received. should there be any error or confusion in the registration form, instructions received or the accompanying deposit. 11. With regards to Proxy Bids, the amount of the prospective Buyer’s maximum bid will not be disclosed to the seller or any other person either during or after the sale 3. The completed form must be delivered to Savills, Auction Department, without the consent of the prospective Buyer. Enfield Chambers, 18 Low Pavement, Nottingham NG1 7DG by hand or post so that it is received no less than two working days prior to the date of Auction in 12. The auctioneer reserves the right to bid himself or through an agent up the reserve which the particular property is to be sold. It is your responsibility to ensure the price for the particular lot. form has been received together with two cheques and CERTIFIED COPIES (SIGNED AND STAMPED BY A PROFESSIONAL PERSON) of documentation to 13. Prospective Buyers are advised to telephone Savills on the day of the auction to confirm your name and residential address as well as the contract buyer should ensure that there are no amendments to the particulars of sale or conditions this differ. Please refer to Auction Notices for details on the types of relating to the relevant lot or other matters relating to it. The prospective Buyer will documentation we accept. be deemed to have knowledge of such amendments and will buy subject to them in any event. If the prospective Buyer does not telephone and such amendments 4. The maximum Proxy bid price must be an exact figure. have been made, the auctioneer may in his absolute discretion decide not to bid for the relevant lot on the prospective Buyer’s behalf and the auctioneers will not 5. No alteration to the registration form will be accepted after it is received by the be responsible for any loss, costs or damages incurred by the prospective Buyer auctioneer. as a result thereof.

6. The prospective Buyer appoints the auctioneer as agent and authorises the 14. Should the prospective Buyer wish to bid at the auction in person or through an auctioneer to bid for the relevant lot on behalf of the prospective Buyer in such agent, such intention must be conveyed in writing to the auctioneer in person prior manner as the auctioneer thinks fit at his absolute discretion. to the lot being offered for sale. In this case the auctioneer will not make any bids on behalf of the prospective Buyer. 7. The prospective Buyer shall be considered to have inspected the auction catalogue, the common auction conditions, and separate special conditions of 15. The auctioneer will use all reasonable endeavours to provide remote bidding sale, addendum and notices to prospective Buyers for the relevant lot and to have facilities at the auction and will make no additional charge to a prospective Buyer full knowledge thereof and authorises the auctioneer or any duly authorised for this service. partner or employee of Savills as the prospective buyers agents to sign the memorandum of contract incorporating all such matters at or after the auction. 16. The auctioneer will accept no liability whatsoever for any bid not being made on behalf of the prospective Buyer as a result of 8. The prospective Buyer should provide one of the following in the form of a deposit • lack of clarity of instructions cheque with the registration form • error, lack of clarity or confusion regarding the registration Form or the deposit • a signed blank cheque drawn on an approved UK registered Financial • prospective Buyers become disconnected during bidding or are Institution made payable to ‘Savills (UK) Ltd’ which the auctioneer will unobtainable complete on behalf of the prospective Buyer (for 10% of the purchase price • interruption or suspension of telephone or internet services or £1,000 whichever is higher or otherwise directed) if the prospective Buyer • for any other reason whatsoever beyond the control of the Auctioneer is successful in purchasing the relevant property or 17. In the case of proxy bids, the prospective Buyer will be advised if the relevant lot • A banker’s draft, drawn on an approved UK registered Financial Institution, has been successfully purchased on his behalf as soon as possible after the payable to ‘Savills (UK) Ltd’ representing the 10% of the maximum price to auction. which the prospective Buyer wishes to bid or £1,000 whichever is greater or otherwise directed. Where the particular lot is purchased below the 18. The successful Buyer and/or Bidder will be jointly and severally liable to pay Savills maximum bid figure the balance of the deposit will be considered as an the Administration fee referred to in the Important Notice to Prospective Buyers. additional deposit towards the purchase price. 19. The auctioneer will accept no liability whatsoever for any bid not being made on 9. If you wish to bid for more than one lot, separate cheques must be provided for behalf of the prospective Buyer for any reason whatsoever. Prospective Buyers will as per item 8 above. not hold Savills liable for any loss or claims relating to the remote bidding system.

31 Telephone/Proxy/Online Bidding (Nottingham) Savills, Auction Department, Enfield Chambers, 18 Low Pavement, Nottingham, NG1 7DG Remote Bidding Form Internet Bidders only: Please select method of bidding: Telephone Proxy Online Please choose a Personal Please complete in BLOCK CAPITALS Identification Number (4 digits)

Date of Auction: Lot Number:

Property Address

Maximum Proxy Bid Price: £ Amount in Words (for telephone and online bidding please leave the Maximum Bid Price blank) Please enclose two cheques both made payable to Savills (UK) Ltd representing the following. 1. 10% deposit cheque duly completed and signed with the amount left blank (minimum deposit amount is £1,000 or as otherwise directed). 2. Savills’ administration fee of £750 plus VAT on all purchases.

Please note that it is a requirement that you must provide CERTIFIED COPIES (SIGNED AND STAMPED BY A PROFESSIONAL PERSON) of documentation to confirm your name and residential address. Please refer to Auction Notices for details on the types of documentation we accept. Please note that if you are unsuccessful with your bid all cheques will be destroyed unless otherwise instructed.

Contract Details (Please complete in BLOCK CAPITALS) Fulll details of company or individual who is intended to be the owner of the property. This name will be entered on the Sale Memorandum and changes may not be made without the Seller’s prior consent. References to ‘nominees’, ‘associates’ or similar are unacceptable.

Contract Name(s)

Address

Postcode

Email:

Telephone: Mobile:

Bidder’s Details (if different from Contract Name) Solicitor’s Details

Full Name Company Name

Address For the Attention of

Postcode Address

Telephone:

Mobile: Postcode

Email: Telephone:

If telephone bid please indicate preferred number to contact I hereby instruct and authorise Savills to bid on my behalf in accordance with the terms and conditions and I understand that should my bid be successful the offer will be binding upon me and that I will be legally bound jointly and separately with the intended Buyer (where the Buyer is different) by the applicable Conditions of Sale (as defined in the Terms and Conditions printed). If required, Savills will bid on my behalf taking my instruction in this respect on the telephone when the relevant lot is being sold at the auction. I authorise Savills to record such bidding and instructions in order to avoid any doubts or disputes. Signature of Bidder, for and on behalf of the Bidder and the intended Buyer (if different)

…………………………………………………...... Date of signing ...... 32

Auction Dates for 2016/2017 Residential & Commercial Property Auction 15th December 16th February 2017 27th April 2017 8th June 2017 27th July 2017 21st September 2017 The Centenary Suite, Nottingham Racecourse, Colwick Park, Colwick Road, Nottingham NG2 4BE

savills.co.uk/auctions Thursday 20th October 2016 at 2.30 pm