Auction-line seelandco.com 19 May2020 Auction Catalogue Croeso Welcome seelandco.com / 029 2037 0117 connected withourauctions. have onthisorindeedanythingelse I would welcomeanyfeedback you further improvements for thisauction. platform butwehave made some clients intermsof theonlineauction have hadagreat response from our unprecedented timesfor usall.We over 60%inwhat are uncertainand online auction,achievingsalesof We were veryhappy withourfirst investments. with somealready incomegenerating for youwithinthiscatalogue along and landdevelopmentopportunities of residential, commercial, mixed use only auction.We have agoodrange sale of 2020andoursecondonline latest onlineproperty auction,ourthird Thank youfor yourinterest inour 029 20370117 [email protected] Auctions & Auctioneer Head of Property Huw Edwards stay safe. Good luck,happybiddingandplease website at seelandco.com/auctions each lotwhere available orthrough our own homeandlinks totheseare on completely from thesafety of your virtually walkaround theseproperties impossible. Theseallowyouto viewings have becomeincreasingly we have inthisauctionasperson to thenumberof full3DVRtours One bigchangewehave madeis Lot Numbers & Order of Sale

1  Parcels Of Land Adjoining £10,000- 12 60 Crwys Road, Cardiff, £150,000+ Hen Gapel, Brondeg And £12,000 CF24 4NN Rear Of Ael Y Bryn, Trelewis, CF46 6BB 13 59 Pentwyn Avenue, £18,000+ Mountain Ash, Rhondda 2 22 Silver Street, Cardiff CF24 £15,000+ Cynon Taf, CF45 4YE 0LG 14 Bronant Methodist Chapel, £27,000+ 3 Electricity Sub Station, Silver £7,000+ Bronant, Nr Aberystwyth, Street, Cardiff, CF24 OLG Ceredigion, SY23 4TF

4 Flat 1 Seaman’s Mission, 57 £125,000+ 15 Flat 4 Seaman’s Mission, 57 £125,000+ Dock View Road, Barry, Dock View Road, Barry, CF63 4LQ CF63 4LQ

5 Queen’s School House, £75,000+ 16 5 Llys Hen Ysgol, North £TBC School Lane, Newport, Road, Aberystwyth, NP20 1LE Ceredigion, SY23 2ER

6 36 Rectory Road, Cardiff, £270,000+ 17 8 Wyndham Crescent, £170,000+ CF5 1QL Cardiff CF11 9EH

7 63 Diamond Street, Roath, £149,000+ 18 68 High Street, Rhymney, £34,500+ Cardiff CF24 1NR Tredegar, NP22 5LP

8 222a Waterloo Road, £145,000+ 19 26 Mortimer Road, £215,000+ Penygroes, Llanelli, Pontcanna, Cardiff, SA14 7RB CF11 9JZ

9 5 Clifton Street, Cardiff, £90,000+ 20 Freehold Interest In £45,000+ CF24 1PW 121 Broadway, Cardiff, CF24 1QG 10 5 High Street, Cwmavon, £59,000+ Port Talbot, SA12 9BH 21 Former Station Stores , £150,000+ Newport Street, 11 24 Oakdale Road, £113,000+ Hay-on-Wye, Herefordshire, Penrhiwfer, Tonypandy, HR3 5BA Rhondda Cynon Taf, CF40 1RS

3 seelandco.com / 029 2037 0117 Auction-line to bidorloginyouraccountmake yourbid! select thelotandclickonbidnow. You canregister Once youhave found thelotyouwouldlike tobidon, Login &bid digital auctioncatalogue. website seelandco.comorclickingthelinks insidethis Find theproperty youwanttobidonbyvisitingour Find yourlot up toscratch onthelatest onlinebiddingtechnology. See oursimplestepsbeloworread thefullguidetoget own homeoroffice viadesktop,tabletormobilephone. bid pressure-free from thecomfort andsafety of your selling, butwiththeaddedadvantageof beingableto transparency andzero riskof gazumping ordouble- auctions, including:speedandcertaintyof sale, It provides allthebenefitssynonymouswithtraditional platform for buyingandsellingproperty. Seel andCoOnlineAuctionsisanewinnovative Introducing Seel&Coonlineauctions bidnow 1. Registration 4. AML Check A straightforward process from start to finish Complete an online anti-money laundering In order to bid at Seel & Co Online Auctions check you will first need to create an account by Seel & Co are required by law to carry out an providing your contact details. You will be online anti-money laundering check on all required to verify your email address, by clicking persons wishing to bid. You will be asked to an activation link that we’ll send to you via provide information to verify your identity, email. Once you’ve created an account you can including your date of birth, addresses for the ‘watch’ lots that you’re interested in (you’ll be last 3 years and at least one of passport, driving kept up-todate throughout the auction cycle), licence or national insurance number. as well as gain access to the legal packs. In order This check leaves a ‘soft footprint’ on your credit to place a bid on a lot you will need to complete report (but should not affect your credit rating). the bidder registration steps, as detailed below. Please note, the first time you register to bid you will also be asked to verify your mobile number. 5. Due Diligence This is required so we can easily keep in touch Recommended due diligence before bidding in the event of you purchasing a lot.satisfactory In general terms, you are strongly advised to offer is received prior to exchange of contracts. view the property and take professional advice as to its condition and suitability. You should also 2. Accept Terms ensure that you thoroughly read and understand the legal pack and any other associated Ensure you read, understand and accept the documentation available online, and take proper terms and conditions legal advice accordingly. Finally, understand the You will be asked to read and accept our Online contract you are entering into and the financial Auction Terms and Conditions. Additionally, commitment that you will be liable for should there may be specific documentation relating you be the successful purchaser. to the sale of the property you’re registering to bid on that will need to be read and accepted 6. Guides And Reserves before you are able to bid. Understand the guide price and reserve price Once accepted, you will receive a copy of the document(s) via email for your own records. What is a Guide Price? A Guide Price is an indication as to where the 3. Bidder Security Reserve is currently set. It is not necessarily what Register your credit or debit card for the bidder the auctioneer expects to sell the lot for, and security should not be taken as a valuation or estimate of sale price. The reserve will not exceed the Guide In order to bid online you will be required to Price by more than 10% if it is a single figure register a credit or debit card for the bidder Guide price, and if a Guide Price range is quoted, security deposit. We use Stripe who provide a the Reserve will fall within that range. secure, online card registration facility, and they will attempt to place a ‘hold on funds’ on your What is a Reserve Price? account for the bidder security amount (often The Reserve is the minimum figure that the known as a ‘payment shadow’ as no money is Auctioneer is currently authorised by the vendor taken at this stage). The bidder security amount to sell the property for. Please note that Reserve will be clearly displayed when registering your is liable to change throughout the course of card. marketing. The Auctioneer reserves the right to On the fall of the electronic gavel, the winning lower the Reserve during the auction to a level bidder’s card will be automatically debited that matches the existing highest bid. In the for the bidder security amount, whilst all the event that there were no further bids, the bidder unsuccessful bidder’s cards will have their who placed that ‘highest bid’ will be declared shadow payments released (this can take the purchaser at the end of the auction process. several days depending on the card provider). For more information about this process please 7. Bidding read the detailed explanation at the end of this Stress-free bidding from the comfort of your document. own home 5 When the auction opens, you will be able to places a bid for Tom at his maximum bid place bids in line with the pre-determined bid amount and he becomes the highest bidder increment levels, using the bid increase (+) and at £97,000. decrease (–) buttons provided. Having set your 3. Jane logs on to bid. The minimum bid preferred bid amount and clicking the ‘Place Bid’ amount is £98,000 but Jane places a button, you will be asked to confirm your bid at maximum bid of £105,000.The system which point it will be placed. automatically increases Jane’s bid to meet the reserve and she is now the highest Every time you submit a bid you will be clearly bidder at £100,000. However, Jane still has shown whether your bid was successful, and a a proxy bid of £105,000 “in the system” full list of all bids is displayed on-screen at all which will automatically bid on her behalf if times. anyone else places a bid.

Maximum (proxy) bids 4. Tom is notified that he has been outbid. If no more bids are placed Jane would win You are not restricted to placing a bid at the the lot for £100,000. minimum bid amount, but can instead increase 5. Tom places a bid of £101,000, and Jane’s your bid and place proxy bid instantaneously outbids him at a maximum (proxy) bid in the system. By setting £102,000 as this is the lowest bid required a maximum bid, the system will automatically to make her the highest bidder. bid on your behalf to maintain your position 6. Tom then places a maximum bid of as the highest bidder, up to your maximum bid £105,000. The current bid jumps to amount. If you are outbid, you will be notified £105,000 with Jane as the highest bidder via email so you can opt to increase your bid if as she placed a proxy bid at that amount you so choose. before Tom did. 7. Tom then places a bid at £106,000 and wins How proxy bids work with the reserve price the lot as there are no other bids and it is Virtually every lot is sold subject to a reserve above reserve. price (the minimum price that the auctioneer is authorised to sell for on the day). When you 8. Bidding Extensions submit a maximum bid, the actual bid placed The Bidding Extension Window Eliminates ‘Bid by the system will depend on where the reserve Sniping’ price is in relation to your maximum bid, as defined below. Unlike eBay, bid sniping is impossible on our online auction platform. All auctions will close as If your maximum bid is below the reserve price per their advertised ‘Auction End Date’, however if a bid is placed within the final 30 seconds of • The system will place an immediate bid the auction’s scheduled end time the auction at your maximum bid amount. If your will be extended by an additional 30 seconds – maximum bid is at or above the reserve known as the ‘bidding extension window’. price • The system will automatically increase your If a bid is placed in the bidding extension bid to be at the reserve, and will only bid window, the countdown clock will immediately again on your behalf if you are subsequently reset to 60 seconds again, and the auction will outbid by another bidder (up to your only finish when an entire 30 second bidding maximum bid amount). extension window passes without any further • If another bidder has already placed the bids being placed, i.e. 30 seconds of ‘bidding same maximum bid or higher, they will be silence’. This ensures every bidder has a fair and the highest bidder at you max bid level and equal opportunity to place another bid. the system will notify you via email so you Do not leave your bid to the last few seconds. can place another bid. It gives you no advantage, you risk your bid not NB: Your maximum bid is kept completely being received by the server in time and you confidential – it’s presence or amount are not could lose the lot to another bidder. disclosed to the auctioneer, vendor or any Bidding is based on the server time and not other bidder. your device which could be up to 2 seconds Bidding example: behind the server. 1. The current bid on a lot is £90,000. The reserve price has been set at £100,000 (not 9. Fall Of The Gavel disclosed). Legal Position When You’ve Won The Auction 2. Tom wants to bid. The minimum bid amount is £91,000 but Tom decides to We offer property for sale by immediate, place a maximum bid of £97,000. This is unconditional contract. This means that the fall below the reserve price, so the system of the electronic gavel constitutes an exchange

seelandco.com / 029 2037 0117 of contracts between the buyer and seller. Both parties are legally bound to complete the laptop for £1,500 transaction – usually within 20 working days • The available balance on Tom’s card is now following the close of the auction but this will be only £500 confirmed within the legal documentation. • Tom bids on the online auction but is unsuccessful and doesn’t win. The auction 10. Post Auction closes and the system automatically instructs Stripe to release the hold on funds We’ll guide you through to completion from Tom’s card If you are the successful purchaser, we’ll be in • The available balance on Tom’s card will touch following the online auction to discuss revert to £3,000 once the ‘release’ has taken the next steps. place

The system will take the bidder security amount Scenario 2: from your registered credit or debit card (all underbidders will have their hold on funds • Jane has a debit card for a bank account released); the contract will then be signed on with a current balance of £2,750 your behalf with copies being sent to both your • Jane registers to bid on an online auction solicitor and the seller’s solicitor. lot which has a ‘buyer’s premium’ of £2,500 applicable For more information contact Seel & Co on 029 2037 0117 • Jane registers her debit card – a hold on funds is placed on Jane’s bank account, to the value of £2,500 11. Payments Explained • The available balance in Jane’s bank How the payment registration works account is now only £250 In order to bid online you are required to submit • Jane goes shopping and buys a new mobile details of a credit or debit card. When you phone for £300, pushing her £50 into an register your card, we will be placing a hold on overdraft funds on your credit card (or bank account if • Jane bids on the online auction and wins you use a debit card), to the value of the bidder the auction. The auction closes and £2,500 security deposit. This means that the amount is immediately taken from her bank account we’re holding will affect the available amount • Jane remains £50 overdrawn you have to spend on your card, as the amount will be ring-fenced and you will not be able to spend it until the hold has been released.

If you are the winning bidder then the amount will be taken in full from your registered credit card or bank account immediately following the close of the auction. If you are not a winning bidder then the hold on funds will be released from your card, but be aware that it can take anything from a few hours up to several days for the hold to be released (dependent on the card issuer). If in doubt, contact your card issuer. Pre Auction Offers Please be aware that you will not have access to the funds until the hold has been released. Pre-auction offers will only be submitted to our client: Please see two example payment registrations • if the bid exceeds the top below: Guide Price; Scenario 1: • the bidder is in receipt of the Legal Pack and Notice to Bidders; • Tom has a credit card with an overall limit of • on the understanding bids are on £5,000, and a current available balance of the basis of immediate exchange of £4,500 Auction Contracts upon acceptance • Tom registers to bid on an online auction by the vendor; and lot which has a ‘buyer’s premium’ of £2,500 • on the assumption the offer is your applicable best and final offer. • Tom registers his credit card – a hold on funds is placed on the card to the value of We cannot guarantee you will be £2,500 invited to increase your bid if an • The available balance to spend on the card alternative, satisfactory offer is received is now £2,000 prior to exchange of contracts. • Tom goes out shopping and buys a new 7 seelandco.com / 029 2037 0117 stuff but important The boring Important notice to be read by all bidders

1 Attention is drawn to the General Conditions of sale 8 No person in the employment of the Auctioneers has printed in this catalogue relating to all properties. All any authority to make or give any representation or prospective purchasers are invited to obtain copies of warranty whatever in relation to any property listed in any Special Conditions specified in the catalogue in this catalogue. relation to each lot. 9 In the event of there being any addendum to the 2 All prospective purchasers shall be deemed to have particulars of sale or the General and Special Conditions inspected the property and made usual pre contract of sale, a copy of the addendum will be attached to the enquiries and searches. Prospective bidders should Memorandum of Contract and shall be signed by the check the addendum sheet available in the Auction purchaser and such addendum shall be deemed to form room for alterations or amendments. part of the sales particulars and conditions of sale and if in conflict, shall prevail. 3 The successful bidder is under a binding contract as soon as the Auctioneers gavel falls on his or her bid. 10 Inspection of investment properties is by courtesy of the tenants. Inspection of properties with vacant possession 4 On a property being knocked down, the successful is by arrangement with the Auctioneers or Joint bidder must immediately provide to the Auctioneers Auctioneers as indicated in the Catalogue. clerk his/her full name and address together with name and address of Solicitor acting on his/her behalf to 11 Prospective purchasers intending to bid at the Auction enable the Memorandum of Contract to be completed for a specific lot are advised to consult with the in the form as printed in this catalogue. Auctioneers before the sale to enquire whether the particular lot will be offered at the Auction. The Vendor This must be signed by the successful bidder and has the right to sell prior to Auction or withdraw the Lot exchanged with the Auctioneers staff/ Vendors Solicitor, and neither the Auctioneer nor Vendor is responsible for prior to leaving the room, accompanied by a deposit any abortive costs, losses or damages of a prospective of 10%of purchase price or £2,000 whichever is the Purchaser. greater, plus the Buyer’s Premium as stated in the 12 Guide Prices quoted in the catalogue and online Additional Fees for each Lot. are provided as indication of each seller’s minimum 5 The details relating to each Lot are set out as a general expectation. They are not necessarily figures which a guideline only for the guidance of intending purchasers property will sell for and may change at any time prior to or lessees and do not constitute part of an offer or the auction. The sale price will be dependent on bidding contract. All descriptions are given in good faith and in the auction room and on the vendor’s instructions. believed correct, but any intending purchaser or tenant 13 Each Property will be offered subject to a reserve price must satisfy themselves by inspection or otherwise as to which will be set at no more than 10% above a single the correctness of each item. figure guide price or within a guide price range. This is 6 The Auctioneers have not tested any apparatus, a confidential figure set between the Vendor and the equipment fittings or services and so cannot verify that Auctioneer just prior to the auction. It is a figure below they are in working order. The buyer is advised to obtain which the Auctioneer cannot sell the property during his own verification. the auction. After the auction offers will be sought and considered on unsold lots at prices below the reserves 7 Photographs and any plans published are for prices. convenience of prospective purchasers only and do not form part of any contract. Any sizes quoted are all approximate and for guidance only and do not form part of any contract. All properties are offered with vacant possession unless otherwise stated. 9 seelandco.com / 029 2037 0117 additional landtotherear of Ael-y-Bryn Parcel of land onthewestsideof MaenGanol,with Lot 1 1 Auctioneers Office, SeelandCo Ltd(029)20370117. Further Information howsoever caused. the auctioneerswillberesponsible for anyaccident caution ifenteringupontheland. Neitherthesellernor It isrecommended that interested parties exercise it orfrom thestepsrunningthrough partof theland. The sitecanbevieweddirectly from theroad fronting Viewing exist –pleaserefer tolegalpackfor verification of tenure easements, tenanciesorwayleaves that mayor maynot Presumed Freehold subjecttoanyrights,claims, Tenure with theCouncil’splanningdepartmentinthisregard. Interested partiesare advisedtomake any furtherenquiries Replacement LocalDevelopmentPlan(2016-2031). Merthyr Tydfil CountyBorough Council’snewlyadopted development (PolicySW3-30for 80dwellings)within and adjoinslandthat hasbeenallocated for residential The landislocated withinthesettlementboundary these twostreets. Ganol, withstepsthrough asectionof thesitelinking a numberof residential properties onBrondeg andMaen The large siteisslopingintopographyandsitsadjacentto of £100perannum. licence agreement for grazingormowing at alicencefee of thevillageof Trelewis. Partof thelandissubjecttoa to approximately 5.8 acres orthereabouts ontheoutskirts An area of landbenefittingfrom road frontage that extends Joint Auctioneers subject tochangeupandincludingthedayof theauction. interest. BoththeGuidePriceandReservecanbe that abuyercanconsiderwhetherornottopursuetheir Guide Price.ThePriceisissuedsolelyasaguideso just priortotheauction,willbewithin+or-10%of the Price, whichisagreed betweenthesellerandauctioneer Each property soldissubjecttoaReservePrice.The the purchaser oncompletion. pack for anyfurtherdisbursementsthat maybepayableby payable onexchange of contracts.Pleasecheckthelegal Buyers Premium –0.5% withaminimum of £600(incof VAT) Additional Fees Trelewis, Treharris, CF466BB Brondeg andrearof Ael-y-Bryn, Parcels of landadjoiningHenGapel, Guide Price£10,000-£12,000 2 + 3

Lot 2 Lot 3 Single storey retail investment property Enclosed electricity sub-station directly close to the busy retail hub of Clifton street adjacent to the previous lot at 22 Silver in Cardiff and immediately adjacent to Lot 3. Street, Cardiff Guide Price £15,000+ Guide Price £7,000+

22 Silver Street, Electricity Sub Station, Silver Cardiff, CF24 0LG Street, Cardiff, CF24 0LG

Small single storey lock-up retail unit which is currently let Enclosed secure substation with gates facing Silver street and to a body piercing and tattoo business. The building itself directly adjacent to 22 Silver street, Cardiff. We are informed appears to be of brick construction with a pitched corrugated that the sub-station is let to Western Power distribution for metal roof over, which appears to be in satisfactory condition. £460.00 per annum but please refer to the legal pack for We are informed that the property is let at a rent of £80 verification of any tenancies. per month (£960 per annum) and therefore there may be NB Please note that only external inspection has been scope to increase this income in the future. However, please possible at the time of the auction catalogue going to print. examine the legal pack for verification of any tenancies. NB. The following Lot 3 is directly adjacent to this property. Tenure Presumed Freehold – please refer to legal pack for Accommodation verification of tenure We have not inspected the property prior to going to print, but we have been advised that it comprises of the following: Viewing External only – open for inspection GF Small lock-up shop/salon area of approximately 250sqft. Further information Auctioneers Office, Seel and Co Ltd (029) 2037 0117. Tenure Additional Fees Presumed Freehold – please refer to legal pack for verification of tenure Buyers Premium – 1% with a minimum of £600 (inc of VAT) payable on exchange of contracts. Please check the legal Viewing pack for any further disbursements that may be payable by Auctioneers Office, Seel and Co Ltd (029) 2037 0117. the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Additional Fees Price, which is agreed between the seller and the auctioneer Buyers Premium – 1% with a minimum of £600 (inc of VAT) just prior to the auction, will be within + or - 10% of the payable on exchange of contracts. Please check the legal Guide Price. The Guide Price is issued solely as a guide so pack for any further disbursements that may be payable by that a buyer can consider whether or not to pursue their the purchaser on completion. interest. Both the Guide Price and the Reserve Price can be Each property sold is subject to a Reserve Price. The Reserve subject to change up to and including the day of the auction. Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. 11 property orcalluson02920370117for furtherdetails. Please seeour3DVRtourforafullwalk-through tourof the Viewing to legalpackfor verification of tenure and related costs. a monthlyservicecharge of £83permonth.However, pleaserefer 105 yearsremaining with£75peryearpayableinground rent and Leasehold –We are informed that theleasehasapproximately Tenure FF GF LGF Accommodation Lot 15. Please notethat anotherapartmentinthebuildingisfor saleas through tourof theproperty from yourownhome. Please seeour3DVRtouronwebsitetoallowafullwalk- glazing andcentralheating powered byamoderncombiboiler. The apartmentalsobenefitsfrom asecure entrysystem,double the lowerground floorwithalarge walk-in wardrobe. hall andstairsleadingdowntothespaciousdoublebedroom on modern showerroom totheground floorlocated off theentrance area butcouldbeusedasasecondbedroom. There isafurther and themezzanineabove.Theiscurrently alounge full-height windowsallowingfarreaching viewsfrom thisroom the spaciousnewlyfittedkitchen&dinerwithstrippedfloorsand floors andbrieflycomprises;Entrancehallleadingthrough to The apartmentisinexcellent condition,arrangedoverthree apartment hasfarreaching viewsovertheBristolChannel. from theseaman’sinstituteoverlookingBarrydocks andthis The buildingitselfisof brickconstructionhaving beenconverted seelandco.com / 029 2037 0117 ValeView Road,Barry, of Glamorgan,CF63 Flat 1,TheOldSeaman’sMission,Dock Guide Price£125,000+ over three levels. with superbchannelviewsandaccommodation Unique one/twobedroom loft-style apartment Lot 4 4 subject tochange uptoandincludingthedayof the auction. interest. BoththeGuide Price andtheReservecan be that abuyercanconsider whetherornottopursuetheir Guide Price.ThePriceisissued solelyasaguideso just priortotheauction,willbewithin +or-10%of the Price, whichisagreed between the sellerandauctioneer Each property soldissubjectto a ReservePrice.The the purchaser oncompletion. pack for anyfurther disbursementsthat maybepayableby payable onexchange of contracts.Pleasecheckthelegal Buyers Premium –1%withaminimumof £1,000 (incof VAT) Additional Fees Mezzanine loungearea/second bedroom. Entrance Hall,Showerroom/WC, Kitchen/Diner. Large doublebedroom withwalk-in wardrobe 1/2 Bedrooms 1/2 1 Bathroom

View in 5

View in Lot 5 Two storey office investment property in the centre of Newport let for £7,000 per annum with planning consent for residential conversion.

1 Shower room 1 Bathroom Garden

Guide Price £75,000+

Queen’s School House, Newport. NP20 1LE.

Investment property let on interior repair lease to a charity. Viewing The lease term is for three years from 8 March 2018 but please Please see our 3D VR tour for a full walk-through tour of refer to the legal pack for full verification of tenancies. The the property or call us on 02920 370117 for further details building is a former school house and appears to be of brick and stone construction under a pitched tile roof. The internal accommodation briefly comprises two offices on the ground floor with kitchen and WC facilities with three offices and a shower room on the first floor. There is also a large enclosed rear yard which may have potential for further development or off-street Additional Fees parking subject to any necessary consents. Please see our 3D VR Buyers Premium – 1% with a minimum of £1,000 (inc of tour for a full walk around experience. VAT) payable on exchange of contracts. Please check Please note that the property also benefits from full planning the legal pack for any further disbursements that may be approval to convert to a three bedroom residential dwelling. payable by the purchaser on completion. Please consult Newport city council’s planning portal for further Each property sold is subject to a Reserve Price. The details, reference 16/1015. Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - Accommodation 10% of the Guide Price. The Guide Price is issued solely GF Entrance Hall, Two Offices, Kitchen, Storage, Lobby, as a guide so that a buyer can consider whether or not to WC. pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day FF Three offices, Shower room of the auction. OS Enclosed rear yard.

Tenure Presumed Freehold – please refer to legal pack for verification of tenure 13 to andincludingthedayof theauction. Guide PriceandtheReservecanbesubjecttochangeup can considerwhetherornottopursuetheirinterest. Boththe Price. TheGuidePriceisissuedsolelyasaguidesothat abuyer just priortotheauction,willbewithin+or-10%of theGuide Price, whichisagreed betweenthesellerandauctioneer Each property soldissubjecttoaReservePrice.The purchaser oncompletion. pack for anyfurtherdisbursementsthat maybepayablebythe payable onexchange of contracts.Pleasecheckthelegal Buyers Premium –1%withaminimumof £1,000 (incof VAT) Additional Fees property orcalluson02920370117for furtherdetails. Please seeour3DVRtourforafullwalk-through tourof the Viewing Freehold –pleaserefer tolegalpackfor verification of tenure Tenure OS FF GF Accommodation tour of thisproperty. maintenance paved garden. Pleasetake alookat our3DVR three bedrooms andthefamilybathroom. To therear isalow dining Roomandkitchen/breakfast room. To thefirstfloor are briefly comprises of porch, hallway, through living room/ also withinwalkingdistanceof theCityCentre. Theproperty distance tolocalamenitiesinbothPontcannaandCanton construction underapitchedslate roof. Withinwalking An attractive endof terracehouseof brickandstone Guide Price £270,000+ seelandco.com / 029 2037 0117 Road,Cardiff,CF51QL 36 Rectory Thompsons Park excellent location closetoChapterArtsand Three bedroom endof terraceproperty inan Lot 6 6 Front, sideandrear yard withsideaccessgate Three bedrooms, bathroom. breakfast room Porch, hallway, sitting/diningroom, kitchen/ 3 Bedrooms 1 Bathroom Garden

View in Don’t

forget Important to remember

Legal Packs can be downloaded from our website at seelandco. com or you can request them to be emailed or sent.

To request this service please email your requirements to:

[email protected] or [email protected]

Addenda are subject to change up until the time of the auction. Please check the addendum and the respective legal pack of the property you are bidding on.

Buyers are responsible for insuring any property from exchange of contracts.

15 property orcalluson02920370117for furtherdetails. Please seeour3DVRtourforafullwalk-through tourof the Viewing TBC –pleaserefer tolegalpackfor verification. Tenure OS FF GF Accommodation through tourof theproperty from yourownhome. Please seeour3DVRtouronwebsitetoallowafullwalk- with usefulsideaccessgate. double bedrooms there isalsoaprivate enclosedrear garden room, kitchen/dinerandbathroom. To thefirstfloor are two The accommodation brieflycomprises;Entrancehall,sitting bathroom andcompleteredecoration andre-flooring. a completere-wire, newconsumerunit,kitchenand owner includinganewcombiboilerandheating system, The property hasbeencompletelyrefurbished bythecurrent pitched tileroof withuPVC windowsanddoorsthroughout. The houseitselfisof brickandstoneconstructionundera investment. property couldbeidealfor anowneroccupieroraready-to-go close toallof theamenitiesof nearbyCliftonstreet, this Located approximately 1mileEastof Cardiff citycentre and 63 DiamondStreet,Cardiff,CF24 1NR in thisconvenientandpopularCardiff location. Completely refurbished semi-detachedproperty Lot 7 seelandco.com / 029 2037 0117 Guide Price £149,000+ 7 Rear yard/garden withsideaccess. Two bedrooms Entrance hall,Sittingroom, kitchen/diner, bathroom including thedayof theauction. the ReservePricecanbesubjecttochangeupand or nottopursuetheirinterest. BoththeGuidePriceand solely asaguidesothat abuyercanconsiderwhether or -10%of theGuidePrice.ThePriceisissued the auctioneerjustpriortoauction,willbewithin+ Reserve Price,whichisagreed betweenthesellerand Each property soldissubjecttoaReservePrice.The payable bythepurchaser oncompletion. the legalpackfor anyfurtherdisbursementsthat maybe VAT) payableonexchange of contracts.Pleasecheck Buyers Premium –1%withaminimumof £1,000 (incof Additional Fees 2 Bedrooms 1 Bathroom Garden

View in 8

Lot 8 Three/four bedroom detached house – Owner occupation/investment opportunity Guide Price £145,000+

222a Waterloo Road, Penygroes, Llanelli, SA14 7RB

3/4 Bedrooms 1 Bathroom + Ensuite Shower room

Garage Parking (up to 4 cars) Garden

A spacious three/four double bedroom detached house having painted rendered elevations and set beneath pitched tiled roof coverings. The property benefits from gas central heating (not tested) and from uPVC windows and doors. The house, built in 1997 is ready View in for immediate occupation as a family home or as an investment opportunity. The property benefits from a newly fitted kitchen/diner (including appliances), new carpets throughout, a family lounge with wood burner and a ground floor cloakroom and conservatory, with French doors leading into the rear garden. The room currently used as an office on the first floor provides scope to make this into a four bedroomed house, with the master bedroom providing an en suite shower room in addition to the family bathroom. The house is located on the main road through the village of Penygroes, with its local amenities, with good access to nearby Cross Hands and Ammanford, with their mix of service providers. Junction 49 of the M4 motorway near Pont Abraham Services is approximately 5 miles away. The side driveway leads to the generous hardstanding/off road parking area for up to four vehicles and to the generous detached garage, with roller shutter door and courtesy door. The garage benefits from water and power supply. We have been advised that the side driveway forms part of this property, but does provide a right of way for the property next door to access their own parking to the rear of their house (please refer to legal pack for any further information).

Accommodation Measurements provided by the vendor GF Lounge (18’6 x 15’6), Inner Hall, Kitchen/Diner (19’8 x 14’4), w/c and sink, Conservatory/Sun room (15’7 x 10’6)

FF Bedroom One (14’5 x 13’3), plus en-suite shower room, Bedroom Two (12’3 x 9’7), Bedroom Three (10’7 x 8’4), Bedroom Four/Study (8’3 x 6’5), Family Bathroom

OS Front garden laid to chipping stones and paving, rear Additional Fees garden laid mainly to lawn, greenhouse, generous Buyers Premium – 1% with a minimum of £1,000 (inc of VAT) detached garage (18’3 x 15’8) and additional off road payable on exchange of contracts. Please check the legal parking for up to 4 cars pack for any further disbursements that may be payable by the Parking purchaser on completion. Additional off road parking for up to 4 cars Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer Tenure just prior to the auction, will be within + or - 10% of the Guide Freehold – please refer to legal pack for verification of tenure Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Further information Both the Guide Price and the Reserve Price can be subject to Auctioneers Office, Seel and Co Ltd (029) 2037 0117. change up to and including the day of the auction.

Viewing Please see our 3D VR tour for a full walk-through tour of the property or call us on 02920 370117 for further details. 17 seelandco.com / 029 2037 0117 shopping street inRoath area of Cardiff. Investment property onbusy Cardiff 5 CliftonStreet,Cardiff,CF24 1PW Guide Price£90,000+ Lot 9 9 of theauction. Price canbesubjecttochangeup toandincludingtheday pursue theirinterest. BoththeGuide PriceandtheReserve as aguidesothat abuyercan considerwhetherornotto 10% of theGuidePrice.ThePrice isissuedsolely auctioneer justpriortotheauction, willbewithin+or- Reserve Price,whichisagreed betweenthesellerand Each property soldissubjecttoaReservePrice.The payable bythepurchaser oncompletion. the legalpackfor anyfurtherdisbursementsthat maybe VAT) payableonexchange of contracts.Pleasecheck Buyers Premium –1%withaminimumof £1,000 (incof Additional Fees Auctioneers Office,SeelandCo Ltd(029)20370117. Viewing verification of tenure. Presumed Freehold –pleaserefer tolegalpack for Tenure FF GF Accommodation the catalogue goingtoprint. N.B. Full internalinspection hasnotbeenpossiblepriorto week (circa £5,200 perannum). butchery businessonafullrepairing leasefor £100per preparation andstorage.5Cliftonstreet isletontoalocal slate roof withalarge singlestorey rear annexe usedfor property of brick/stoneconstructionunderapitched city centre. Theproperty itselfisamid-terracetwostorey Clifton Street located approximately 1mileeastof Cardiff Retail investmentproperty onthebusyshoppingstreet of Storage area refrigeration areas. WC Shop area, rear storagepreparation and Any questions?

Thinking of selling or buying at our online auction, but not sure how?

Contact Huw Edwards, head of auctions for confidential advice and guidance on 029 2037 0117 or email [email protected] 19 Port Talbot, SA129BH 5 HighStreet,Cwmavon, investment oroccupation. the popularvillageof Cwmavon. Idealfor Three bedroom endof terraceproperty in Lot 10 seelandco.com / 029 2037 0117 Guide Price£59,000+ 10 3 Bedrooms Joint Auctioneers debit card andyoucannotbidwithouthaving adeposit. bidding. Pleasebeaware that wedonotacceptcredit or Please refer tolegal packandauctioncatalogue priorto change uptoandincludingthedayof theauction. Both theGuidePriceandReservecanbesubjectto buyer canconsiderwhetherornottopursuetheirinterest. Price. TheGuidePriceisissuedsolelyasaguidesothat a just priortotheauction,willbewithin+or-10%of theGuide Price, whichisagreed betweenthesellerandauctioneer Each property soldissubjecttoaReservePrice.The purchaser oncompletion. pack for anyfurtherdisbursementsthat maybepayablebythe payable onexchange of contracts.Pleasecheckthelegal Buyers Premium –1%withaminimumof £1,000 (incof VAT) Additional Fees Payton JewellCaines,PortTalbot, 01639891268 property orcalluson02920370117for furtherdetails. Please seeour3DVRtourforafullwalk-through tourof the Viewing of tenure. Presumed Freehold –pleaserefer tolegalpackfor verification Tenure OS FF GF Accommodation the M4motorwayapproximately 2milesaway. North Eastof PortTalbot andhasexcellent transportlinks via mature trees andrear path access.Cwmavon issituated tothe is alsoagenerous garden tothesidewhich islaidtolawnwith uPVC windowsthroughout andamoderncombiboiler. There roof. Thehouseisingenerallygoodorder andbenefitsfrom construction with spar rendered elevations under a pitched tile The property itselfappearstobeof brickandstone Small front yard, Sidelawnedgarden. Three bedrooms, bathroom Hall, large sittingroom, kitchen 1 Bathroom

View in 11

Lot 11 Two bedroom bungalow ready for immediate occupation Guide Price £113,000+ View in 24 Oakdale Road, Penrhiwfer, Tonypandy, Rhondda Cynon Taf, CF40 1RS

2 Bedrooms 1 Bathroom Garden

Driveway providing off road parking

A generous sized two double bedroom detached bungalow having part spar rendered and part stone clad elevations and set beneath a pitched tiled roof covering. The property benefits from gas central heating (not tested) and from uPVC windows and doors. The bungalow is ready for immediate occupation for a new owner or as a potential investment opportunity. The property comprises an entrance hallway, lounge, inner hallway, leading into the kitchen, a family bathroom and two double bedrooms. The property benefits from a good sized driveway providing off road parking, which is accessed from gates to the side of the bungalow. The property has a good sized garden to the rear, laid to lawn and is in a quiet location and has pleasant views of the surrounding countryside. Oakdale Road is accessed off Penrhiwfer Road and is in close proximity to the A4119 by pass with access to nearby Tonypandy town centre and good links to the M4 motorway at Junction 34. Tonypandy town centre provides a mix of local amenities including shops, pubs and a local train station.

Accommodation Approximate measurements provided by third party GF Entrance hall, Lounge (15’4 x 10’7), Inner hallway, Bedroom One (13’3 x 10’8), Bedroom Two (10’1 x 9’10), Kitchen (12’3 x 10’), Bathroom

OS Enclosed front and rear gardens, gated access to driveway providing off road parking

Parking Driveway providing off road parking.

Tenure Presumed Freehold – please refer to legal pack for verification of tenure.

Viewing Please see our 3D VR tour for a full walk-through tour of the property or call us on 02920 370117 for further details.

Further information Auctioneers Office, Seel and Co Ltd (029) 2037 0117.

Additional Fees Buyers Premium – 1% with a minimum of £1,000 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. 21 seelandco.com / 029 2037 0117 60 CrwysRoad,Cardiff,CF24 4NN Guide Price£150,000+ well-established café business. let ona15yearleasefrom August2007toa Mid-terrace commercial investmentproperty Lot 12 12 of theauction. Price canbesubject tochangeupandincluding theday pursue theirinterest. BoththeGuidePriceand Reserve as aguidesothat abuyercan considerwhetherornotto 10% of theGuidePrice.ThePrice isissuedsolely auctioneer justpriortotheauction, willbewithin+or- Reserve Price,whichisagreed betweenthesellerand Each property soldissubjectto a ReservePrice.The payable bythepurchaser oncompletion. the legalpackfor anyfurtherdisbursementsthat maybe VAT) payableonexchange of contracts.Pleasecheck Buyers Premium –1%withaminimumof £500(inc of Additional Fees Auctioneers Office,SeelandCo Ltd(029)20370117. Viewing verification of tenure. Presumed Freehold –pleaserefer tolegalpack for Tenure OS FF GF Accommodation inspect thelegalpackfor fulldetails of anytenancies. business knownasElmer’sGarden Café. Pleasethoroughly lease for £7,800 perannumtoawell-establishedcafé catalogue. Theentire property isletonafullrepairing inspection wasnotpossiblebefore theprinting of the potential for furtheraccommodation tothefirstfloorbut in thesummermonths.We are informed there isalso ground floorandan attractive garden area usedbypatrons preparation, kitchenareas andaWC totherear of the with aperiodtiledporch entranceandfurtherstorage, pitched tileroof. Thecafé itselfhasanattractive frontage The property isof brickandstoneconstructionundera access toarear lane. Rear garden utilisedbythecafé withpedestrian Rooms currently usedfor storage. Shop area, rear kitchenandpreparation areas. WC. 13

Lot 13 Three bedroom, three storey mid-terrace house – Owner Occupation/Investment Opportunity

Accommodation 3 Bedrooms 1 Bathroom Garden We have not inspected the property, but have been advised that it comprises of the following: GF Entrance hall, Through lounge/diner

Guide Price £18,000+ LGF Kitchen, Bathroom 59 Pentwyn Avenue, Mountain Ash, FF Three Bedrooms Rhondda Cynon Taf, CF45 4YE OS Enclosed overgrown rear garden, with lane access Tenure A three bedroom mid-terraced property laid out over three floors with pointed stone elevations set beneath a pitched Presumed Freehold – please refer to legal pack for tiled roof covering. The house will require refurbishment verification of tenure. throughout, but could be ideal for owner occupation or as Viewing an investment opportunity. A 3D VR tour is pending for this property, this will be The property is located in the village of Ynysboeth available in the next few days. Please call us on 02920 between the towns of Mountain Ash and Abercynon, with 370117 for further details. excellent access to the A470 and onwards to Cardiff and the M4 motorway. The property is located close to local Additional Fees shops, amenities and local primary school. Buyers Premium – 1% with a minimum of £1,000 (inc of The principal towns of Aberdare and Pontypridd are VAT) payable on exchange of contracts. Please check approximately 8 miles and 7 miles away respectively, with the legal pack for any further disbursements that may be all their local amenities and service providers. payable by the purchaser on completion. We are of the opinion that once renovated, the property Each property sold is subject to a Reserve Price. The could let in the region of £400 to £425 per calendar Reserve Price, which is agreed between the seller and the month (approx. £5,000 per annum). auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely The property has pleasant views at the rear of the as a guide so that a buyer can consider whether or not to surrounding countryside. pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

23 & Jones (01970)624 328 Joint Auctioneers,LloydHerbert Viewing Freehold –pleaserefer tolegalpackfor verification of tenure. Tenure OS GF Measurements provided bythejointagent Accommodation legal packfor furtherinformation. vehicle incommonwithallothersentitled.Pleaserefer tothe that theproperty benefitsfrom aright of wayon foot andby which weare advisedisnotincludedinthesale.We understand There isacemeterytothefront, rear andsidesof thebuilding, a numberof originalfeatures includingthepews andpulpit. benefits from approximately 1,800 sq.ft of floorspaceand retains high ceilingswhichare decorated withplasterlightingroses and arched framedwindowstobothsideelevations. Thechapelhas flanked bysmallerwindowsaboveeachporch, withthree tall The chapelbuiltcirca 1836hasalarge centralarched window, located 15milestothewest. The picturesque seasidevillageof Aberaeron withitsharbouris market townof Tregaron approximately 7milestothesoutheast. of Aberystwythapproximately 12milestothenorthwestand Aberystwyth/Tregaron road, withtheseasideandUniversitytown The buildingislocated inaconvenientlocation ontheA485 area. necessary consentsandislocated inapredominantly residential such asstorageorresidential conversion,subjecttoobtainingall The chapelmaybesuitablefor anumberof alternative uses restaurant/public houseandsetwithinasemi-rurallocation. hamlet of Bronant whichprovides aprimaryschool,shopand construction, setbeneath apitchedslate roof coveringinthe A former detachedMethodistchapelof traditionalstonewall Guide Price £27,000+ seelandco.com / 029 2037 0117 Ceredigion, SY234TF Nr Aberystwyth, Bronant MethodistChapel,Bronant, (subject toallnecessaryconsents) Former Chapelwithalternative usepotential Lot 14 14 entrance doors Fenced forecourt leadingtothetwodouble Fitted pews,pulpitandraisedplatform area. Inner porch, Chapel54’x34’6(16.46m x10.52m) subject tochange uptoandincludingthedayof theauction. interest. BoththeGuide Price andtheReservecan be that abuyercanconsider whetherornottopursuetheir Guide Price.ThePriceisissued solelyasaguideso just priortotheauction,willbewithin +or-10%of the Price, whichisagreed between the sellerandauctioneer Each property soldissubjectto a ReservePrice.The the purchaser oncompletion. pack for anyfurther disbursementsthat maybepayableby payable onexchange of contracts.Pleasecheckthelegal Buyers Premium –1%withaminimumof £1,000 (incof VAT) Additional Fees Auctioneers Office,SeelandCo Ltd(029)20370117 Additional Information Plans areforidentification purposesonly. Nottoscale. 15

Lot 15 Unique Two double bedroom loft-style apartment with accommodation over three levels. Guide Price £125,000+

Flat 4, The Old Seaman’s Mission, Dock View Road, Barry, Vale of Glamorgan, CF63

2 Bedrooms 1 Bathroom

View in The building itself is of brick construction having been converted from the seaman’s institute overlooking Barry docks and is situated close to the local amenities and Barry Dock train station. The apartment itself is in excellent condition arranged over three floors with the entrance on the first floor and briefly comprises; Entrance hall, modern fitted kitchen, spacious lounge/diner with mezzanine bedroom above. Stairs lead down to a generous lobby leading to the large double bedroom and recently fitted shower room/WC. The apartment also benefits from a secure entry system, double glazing and central heating powered by a modern combi boiler. Please see our 3D VR tour on our website to allow a full walk-through tour of the property from your own home. Please note that another apartment in the building is for sale as Lot 4.

Accommodation GF Lobby, large double bedroom, shower room/WC Entrance Hall, kitchen, lounge/diner.

FF Mezzanine bedroom.

Tenure Leasehold – We are informed that the lease has approximately 105 years remaining with £75 per year payable in ground rent and a monthly service charge of £83 per month. However, please refer to legal pack for verification of tenure and related costs.

Viewing Please see our 3D VR tour for a full walk-through tour of the property or call us on 02920 370117 for further details.

Additional Fees Buyers Premium – 1% with a minimum of £1,000 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. 25 seelandco.com / 029 2037 0117 Ceredigion, SY232ER Aberystwyth, 5 LlysHenYsgol, NorthRoad, Guide Price£TBC Two bedroom ground floor retirement apartment Lot 16 16 2 Bedrooms Joint Auctioneers 0749 6519501todiscuss thisissuebefore bidding. scheme managerof MidWales HousingAssociation on person. Interested partiesare advised tocontactthe is notallowedtopurchase the flat andsub-lettoanother Please note:Underthetermsof thelease,leaseholder equable climate. offers excellent facilitiesinunspoiltcountryside withamild increasing popularityasanarea inwhichtoretire asit sought after Seasideresort. Aberystwythisenjoying distance of Aberystwythtowncentre shopswithinthis The property isconvenientlylocated withineasywalking assistance andoff road parking. offers aguestsuite,laundryfacilities,parttimewarden beneath atiledroof andbuiltcirca 1990. Thedevelopment The blockof flats are constructed of brickcavity walls boiler. heating (nottested)viaaWorcester Boschcombination benefiting from uPVC doubleglazingandgascentral retirement apartmentfor theindependentliving over60’s A modernpurposebuilttwobedroom ground floor 1 Bathroom Parking Plans areforidentification purposesonly. Nottoscale. of theauction. Price canbesubject tochangeupandincluding theday pursue theirinterest. BoththeGuidePriceand Reserve as aguidesothat abuyercan considerwhetherornotto 10% of theGuidePrice.ThePrice isissuedsolely auctioneer justpriortotheauction, willbewithin+or- Reserve Price,whichisagreed betweenthesellerand Each property soldissubjectto a ReservePrice.The payable bythepurchaser oncompletion. the legalpackfor anyfurtherdisbursementsthat maybe VAT) payableonexchange of contracts.Pleasecheck Buyers Premium –1%withaminimumof £1,000 (incof Additional Fees Auctioneers Office,SeelandCo Ltd(029)20370117 Additional Information Joint Auctioneers,LloydHerbert&Jones(01970)624 328 Viewing including liftsandalsowarden facility(selectedtimes). and cleaningof communal,externalandinternalareas licence,insurance of theproperty,TV fullmaintenance is currently £165.00 permonthincludingwater rates, tenure. We are advisedthat theservicecharge payment Leasehold– pleaserefer tolegalpackfor verification of Tenure OS 5 No GF Approximate measurements provided bythejointagents Accommodation Car parkingarea Bathroom, Linencupboard, Store cupboard Main bedroom (12’4x10’4),Bedroom 2(7’x6’6), Private hallway, Lounge(18’5x9’10),Kitchen, area Communal entrancefoyer leadingintoareception 17

Lot 17 Three storey property in busy location with ground floor retail and one bed apartment above. Guide Price £170,000+

8 Wyndham Crescent, Cardiff, CF11 9EH

1 Bedroom 1 Bathroom Yard

Located in a prominent location close to Cowbridge road east in Canton and within easy walking distance of Cardiff city centre. The building itself appears to be of brick construction with rendered elevations and also benefits from uPVC doors and windows throughout and a secure electric roller shutter door for the retail unit. The ground floor retail unit is approximately 652 sq ft and is laid out as two rooms with a handy WC to the rear. There is also a spacious and useful basement storage area. The two storey maisonette above is accessed via its own entrance at street level and briefly comprises; An open-plan kitchen and living area to the first floor with a modern combi boiler, to the second floor there is a double bedroom with an en-suite shower/WC. Please see our full 3D VR tour for a full walk-through of the property from the comfort of your own home.

Accommodation GF Retail space laid out as two rooms, WC

LGF Basement area

FF Kitchen/Living area

SF Double bedroom, en-suite shower/WC. View in

OS Small year yard.

Tenure Freehold – please refer to legal pack for verification of tenure

Viewing Please see our 3D VR tour for a full walk-through tour of the property or call us on 02920 370117 for further details.

Further information Auctioneers Office, Seel and Co Ltd (029) 2037 0117.

Additional Fees Buyers Premium – 1% with a minimum of £1,000 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

27 Guide Price£34,500+ seelandco.com / 029 2037 0117 Auctioneers Office,SeelandCo Ltd(029)20370117 Viewing tenure Freehold –pleaserefer tolegalpackfor verification of Tenure OS FF LGF GF Accommodation to MerthyrTydfil, Brecon andAbergavenny. A465 Headsof theValleys trunkroad, providing goodaccess The townof Rhymneyisideallysituated withlinks tothe the front room andlandingarea. The firstfloorappearsto have hadsomeworkundertaken to property orflats, subjecttoobtainingallnecessaryconsents. accommodation aboveorconversionintooneresidential including acommercial unitwithpotentialfor livingover The property offers scope for anumber of alternative uses benefitting from uPVC windows. slate roof tothefront andpitchedtiledroof totherear and with spardashrendered elevations, setbeneath apitched has aglassfronted windowdisplayontheground floor, that hasuntilfairlyrecently tradedasabakery. Theproperty An extendedthree storey property located onthemainroad Blaenau Gwent, NP225LP 68 HighStreet,Rhymney, Tredegar, potential (subjecttoplanning) Retail unitwithredevelopment/investment Lot 18 18 Off road parkingtothe rear Two rooms, w/c parking area Cellar withscopefor accesstotherear garden/ Retail salesarea, store/prep room to changeupandincludingthe dayof theauction. the GuidePriceandReserve Pricecanbesubject consider whetherornottopursue theirinterest. Both Price isissuedsolelyasaguidesothat abuyer can be within+or-10%of theGuidePrice.The and theauctioneerjustpriortoauction,will Reserve Price,whichisagreed betweentheseller Each property soldissubjecttoaReservePrice.The that maybepayablebythepurchaser oncompletion. check thelegalpackfor anyfurtherdisbursements of VAT) payableonexchange of contracts.Please Buyers Premium –1%withaminimumof £1000(inc Additional Fees Parking 19

Lot 19 Ground floor office unit in Pontcanna with freehold interest of the entire building. Guide Price £215,000+

26 Mortimer Road, Pontcanna, Cardiff

A ground floor office unit located on Mortimer Road which runs parallel with the busy parade of shops on Cathedral Road and with a short walk from Pontcanna Street. The accommodation is approx. 885 Square feet and comprises two entrances, one from William Street and the other to Mortimer Road. This would potentially allow for the building to be split, subject to the various consents. We are informed that the property has previously been rented for £12,000 per annum. The freehold interest of the entire building is also included in the sale and we are informed that the ground rent collected is £150 per annum. We are also informed that the apartment above has approximately 84 years remaining on the lease but please refer to the legal pack for verification. Please see our full 3D VR tour to take a look around the property.

Accommodation GF Lobby, Two office areas, kitchen, storage cupboard, WC, rear lobby

Tenure Freehold – please refer to legal pack for verification of tenure

Viewing Please see our 3D VR tour for a full walk-through tour of the property or call us on 02920 370117 for further details.

View in

Additional Fees Buyers Premium – 1% with a minimum of £1,000 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

29 and anytenancies. website sofurtherinformation andverification of tenure Please refer tothelegalpackavailable onlinethrough our subject toaregulated tenancy. 1958 sohasapproximately 25yearsremaining andisalso The leaseholdinterest soldwasfor 87yearsfrom March auction (Lot26). a leaseholdinterest whichwassoldinour31stMarch The freehold interest inthisproperty whichissubjectto seelandco.com / 029 2037 0117 CF24 1QG 121 Broadway, Roath, Cardiff, Guide Price £45,000+ Broadway, Roath, Cardiff Freehold interest in121 Lot 20 20 of theauction. Price canbesubjecttochangeupandincludingtheday pursue theirinterest. BoththeGuidePriceandReserve as aguidesothat abuyercanconsiderwhetherornotto 10% of theGuidePrice.ThePriceisissuedsolely auctioneer justpriortotheauction,willbewithin+or- Reserve Price,whichisagreed betweenthesellerand Each property soldissubjecttoaReservePrice.The payable bythepurchaser oncompletion. the legalpackfor anyfurtherdisbursements that maybe VAT) payableonexchange of contracts.Pleasecheck Buyers Premium –0.5% withaminimumof £500(incof Additional Fees Auctioneers Office,SeelandCo Ltd(029)20370117. Viewing tenure. Freehold –pleaserefer tolegalpackfor verification of Tenure 21

Lot 21 End of terrace Victorian town house set over three floors plus two cellars in desirable Hay-on-Wye Guide Price £150,000+

Former Station Stores , Newport Street, Hay-on-Wye, Herefordshire, HR3 5BA

2 Bedrooms 1 Bathroom Yard

Station stores is a three storey period end of terrace town house on the edge of Hay-on Wye. The building itself is of brick construction under a pitched tile roof and has been modernised throughout by the current owners. The accommodation briefly comprises an entrance hall, spacious sitting room and kitchen to the ground floor, upstairs there is a double bedroom and bathroom to the first floor and a further large double to the second floor. The property also benefits from uPVC windows throughout, gas central heating (not tested) and a generous and useful double cellar which can also be accessed directly from the rear yard via the side access path. Hay-on-Wye is a bustling market town popular with tourists as the ‘town of books’ and famous for its world renowned annual literary festival.

Accommodation GF Hallway, Sitting room, Kitchen. View in FF Double bedroom, Bathroom/WC. SF Double bedroom.

Tenure Presumed Freehold – please refer to legal pack for verification of tenure.

Viewing Please see our 3D VR tour for a full walk-through tour of the property or call us on 02920 370117 for further details.

Further Information Joint agents Sunderlands, 01497 822522 or 01432 356161 Seel & Co Auctions, 02920 370117

Additional Fees Buyers Premium – 1% with a minimum of £1,000 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. 31 That’s your lot... For now.

Thinking of selling or buying at our online auction, but not sure how?

Contact Huw Edwards, head of auctions for confidential advice and guidance on 029 2037 0117 or email [email protected]

32 Next onlineauctionisonthe8July2020 the agenda Next on seelandco.com 2020 8 December 20 October 8 September 8 July Auction Dates 11 November 23 September 12 August 10 June Closing date *seelandco.com PLEASE NOTE / 029: In 2037the event 0117 of your bid being unsuccessful and you have provided us with a cheque please confirm below whether you would like us to return or dispose of it. Alternatively if Bidding by phone you have made a bank transfer please contact us with bank details in order for us to return the funds. Please dispose / return my cheque if I am unsuccessful with my bid (please delete as necessary) /proxy form (Delete iftelephonebidisnotrequired). I request that theAuctioneersattempt tocontactmeonthetelephoneat therelevant timetoenablemebidmyself. headed ‘biddingbytelephoneorletter’,whichIconfirm Ihave read andunderstood. I hereby authorise theAuctioneersstaff tobidonmybehalfinaccordance withthetermsandconditionssetoutherein Maximum bid Address Date Address of thelot Auction date The bidIhereby authoriseis Solicitor’s name Solicitors address Solicitor firmname Tel no.at timeof auction Bidders’s Address Bidders’s Name Property Date of auction Bidding byproxy Name Signature of bidder Amount inwords I attach achequedeposit of (Please print) (if different from bidder) £

(plus theBuyer’sPremium asstated intheAdditionalFeesfor eachLot) £ Bidding byphone Lot no Postcode Postcode Lot number Postcode Phone Home number Phone Phone Postcode seelandco.com / 029 2037 0117 7. 6. 5. 4. 3. 2. 1. phone/proxy Bidding by

regard. on behalfof thebidderand no liabilityisacceptedinthis warranty orguaranteeisgiventhat abidwill bemade or uncertaintyof thebidfor anyreason whatsoever. No written biddersintheeventof anyerror, doubt,omission The rightisreserved nottobidonbehalfof telephone/ in thebiddinguptomaximumof theauthorisation. In thecaseof writtenbidstheAuctionstaff will compete maximum of theauthorisation. bid/continue tobidonbehalfof thebidderupto is anyconfusion ordisruption,theAuctioneerswill contacted orcommunication breaks down,orthere In theeventthat theproposed biddercannotbe authority form. maximum of theamountauthorisedincompleted the biddermaythencompeteinbiddingupto to contactthebidderbytelephoneandifsuccessful, In thecaseof telephonebidsattempts willbemade on thedayof theAuction. Announcements canandshouldbechecked bybidders rostrum of anyamendmentsrelating totherelevant lot. knowledge of anyannouncementstobemadefrom the and legaladvicetohave madeenquires andhave be deemedtohave taken allnecessaryprofessional Conditions of Sale.Theprospective purchaser shall relevant lotinthecatalogue andtheGeneralSpecial Notice’ toberead byallbidder’s,particularsof the The biddershallbedeemedtohave read the‘Important by telephoningtheAuctioneersoffice. bidder’s responsibility tocheckthat theform isreceived to thedate of that’s monthsrelevant Auction.Itisthe Cardiff toarrivebefore 5pmtwoworkingdaysprior office, The Crown House,Wyndham Crescent, Canton, The form mustbesent,ordelivered to,theAuctioneers to: SEEL&CO. LIMITED. stated intheAdditionalFeesfor each Lot,madepayable to aminimumor£2,000 plustheBuyer’sPremium as for 10%of themaximumamountbidfor eachlot,subject account chequeorsignedbyaBuildingSociety, each lotandprovide abankers draft, Solicitors,clients The biddermustcompleteaseparate authorityform for 12. 11. 10. 9. 8.

without interventionfrom otherbidders. price achievedistheresult of thiscompetitioninbidding Auctioneers wouldhave noliabilitywhatsoever ifthe under thetelephone/writtenauthorityform. The any bidfrom AuctionDepartmentstaff asempowered Auctioneer isat libertytoacceptsuchbidinaddition without having previously withdrawntheauthority, the If thebidder, ortheagent,actuallybidsat theAuction bidder. stands andanysuccessfulContractisbindingonthe Auctioneers staff andwithoutsucha receipt theauthority copy of thewithdrawalnotification signedbyone of the It isthebiddersresponsibility toobtainareceipt ona half anhourbefore thestartof theAuction that day. into thehandsof theAuctioneersinAuctionroom relevant lotisscheduledtobeAuctionedorbydelivery hours before thestartof theAuctionon daythe writing delivered totheoffices ofSeel&Co Ltd.,two The authoritycanonlybewithdrawnbynotification in where thebiddinghasnotreached thereserve. the possibilityof aVendor agreeing tosellpostAuction which theparticularlotisAuctioned.Thistoallowfor is bindingonthebidderupto9.00 pmontheday Once delivered totheAuctioneers,authoritybid bidder promptly. contract, thedepositmoniesshallbereturned tothe the eventthat thebidderisunsuccessfulingaining a 10%deposit,(orminimum£2,000 asapplicable).In applied sofarasnecessarytomeettherequirement for In theeventof aContract,thedepositmonieswillbe formed onthefallof thehammer. on behalfof thebidderasaContractwouldhave been the AuctioneerwillsignMemorandumof Contract In theeventthat thetelephone/writtenbidissuccessful 35 By phone or proxy seelandco.com / 029 2037 0117 Conditions Common Auction Common AuctionConditions. licence tousethisandanyprevious editionof the The RICSreserves therighttowithdrawits G4 G3 G2 G1 GENERAL CONDITIONS OFSALE A6 Extraauctionconductconditions A5 Thecontract A4 Theparticularsandotherinformation A3 Biddingandreserve prices A2 Ourrole A1 Introduction AUCTION CONDUCT CONDITIONS GLOSSARY CONTENTS the free useof Edition4.0 iftheuser: Common AuctionConditions(CAC), butpermits The RICSownsthecopyrightinalleditionsof the be usedifotherstandard conditionsapply. schedules andasalememorandum.Theymustnot special conditionsof sale,tenancyandarrears general conditionsof saleandtemplate forms of between eachsellerandbuyer. Theyinclude England andWales, andgoverntheagreement The SaleConditionsapplyonlytoproperty in compulsory, template formsoptional) Sale Conditions(General conditions. conduct conditionsandanyextraauction can tailortotheirneeds–andparttwotheauction containing advisorymaterial –whichauctioneers out inatwo-partnoticetobidders,partone We recommend that theseconditionsare set changed withouttheauctioneer’sagreement. wherever theproperty islocated, andcannotbe who participates intheauction.Theyapply relationship betweentheauctioneerandanyone The AuctionConductConditionsgovernthe Auction ConductConditions words usedintheconditions. The glossarygivesspecialmeaningstocertain Glossary which are compulsoryexcept where stated: across theindustry. There are three sections,allof for real estate auctions,tosetacommonstandard The CommonAuctionConditionsare designed Introduction Guidance for AuctioneersSellingRealEstate. auctioneer mustalsocomplywiththecurrent RICS and usestheCommonAuctionConditions Where theauctioneerisamemberof theRICS must rely ontheirownprofessional advice. material includedinthispublication. Allwhouseit loss occasionedtoanyonewhousesanyof the authors andpublishersacceptnoresponsibility for Produced byRICSRealEstate AuctionGroup. The • • • • • Auction Conditions(Edition4.0). refers totheConditionsasCommon with theconsentof theRICS; and acknowledges that theCAC are reproduced the text; CAC withoutanychanges,except asstated in reproduces thecompulsory sectionsof the CAC; liability toanyonewhousesorrelies onthe Surveyors andthosewhoadvisedithave no agrees that theRoyalInstitutionof Chartered the CAC are suitable; relies onitsownlegaladviceastowhether Title andidentity Between contractand completion Deposit The lot Extra specialconditions Amendments tothegeneralconditions Warranties Environmental TUPE Maintenance Agreements Capital allowances VAT Arrears Interest rate Additional amountspayableat completion Agreed completiondate Transfer Title guarantee Registered orunregistered Title Insurance Deposit Chattels etc What thesaleissubjectto Tenancies Exclusions Rights reserved Rights granted Lot description Seller’s conveyancer Seller Lot number SPECIAL CONDITIONS OFSALE Wherever itmakes sense: Conditions. compulsory sectionof theCommonAuction conditions andthesaleconditions.Itis a This glossaryappliestotheauctionconduct GLOSSARY SALE MEMORANDUM TENANCY SCHEDULE ARREARS SCHEDULE G30 Act 1999 G29 G28 G27 G26 G25 Warranties G24 G23 G22 G21 G20 G19 G18 G17 G16 G15 G14 G13 G12 G11 G10 G9 G8 G7 G6 G5 • • a “person”includes a corporate body; plurals assingularwords; singular words can beread asplurals,and Extra GeneralConditions Contracts (Rightsof Third Parties) Notices andothercommunications Registration at theLandRegistry No assignment Tenancy renewals Rent reviews Service charge Environmental TUPE Sale bypractitioner Landlord andTenant Act1987 Maintenance Agreements Capital Allowances Transfer asagoingconcern VAT Rent deposits Management Arrears Interest andapportionments Landlord’s licence If thecontractisbrought toanend Notice tocomplete Completion Transfer b) a) Subject toCONDITION G9.3: AGREED COMPLETION DATE at theAUCTION from theAUCTIONEERS oranoralannouncement in asupplementtothecatalogue, awrittennotice the PARTICULARS ortobothwhethercontained An amendmentoradditiontotheconditions ADDENDUM (*) apportionment andcalculating interest. is treated astakingplacefor thepurposesof The date whenCOMPLETION takes placeor ACTUAL COMPLETION DATE required bythetermsof theCONTRACT). conveyancer’s client account(orasotherwise been unconditionallyreceived intheSELLER’S and theamountpayableonCOMPLETION has are obligedtocomplywithpriorCOMPLETION, the obligations undertheCONTRACT that they the occasionwhentheyhave bothcompliedwith Unless theSELLERandBUYERotherwise agree, COMPLETION available electronically. any ADDENDUMandwhetherprintedormade different, thedate of theCONTRACT date of the AUCTION (or, ifthecatalogue isthen The catalogue for theAUCTION asitexistsat the CATALOGUE against eachof themseparately. obligations canbeenforced againstthemjointlyor if twoormore are jointlytheBUYERtheir applicable, that person’spersonalrepresentatives: The personwhoagrees tobuytheLOT BUYER (*) or publicholidayinEnglandandWales. Any dayexcept (a)Saturday orSunday(b)abank BUSINESS DAY The AUCTIONEERS at theAUCTION. AUCTIONEERS AUCTION CONDUCT CONDITIONS. The conditionssoheaded,includinganyextra AUCTION CONDUCT CONDITIONS The AUCTION advertisedintheCATALOGUE. AUCTION (*) SPECIAL CONDITIONS. The ARREARSschedule(ifany)forming partof the ARREARS Schedule COMPLETION DATE. TENANCIES andstilloutstandingontheACTUAL ARREARS of rent andothersumsdueunderthe ARREARS acceptable totheAUCTIONEERS competent UKregulatory authorityorisotherwise Any bankorbuildingsocietythat isregulated bya APPROVED FINANCIALINSTITUTION • • • DAY. BUSINESS DAY thefirstsubsequentBUSINESS the CONTRACT DATE; butifthat date isnota if nodate isspecified,20BUSINESS DAYS after CONDITIONS; or the date specifiedintheSPECIAL capitals theyhave thespecifiedmeanings. where thefollowing words appearinsmall date (asapplicable);and by thedate of theauctionorcontract as itmayhave beenmodifiedor re-enacted references tolegislation are tothat legislation genders; words of onegenderinclude theother . . ) including or, if Condition Those of the sale conditions so headed that relate DEPOSIT One of the AUCTION CONDUCT CONDITIONS or to the lot. The deposit is a sum of money (usually 10% of the SALE CONDITIONS. sale price) calculated at the fall of the electronic TENANCIES gavel that you must pay to the Auctioneer, CONTRACT Tenancies, leases, licences to occupy and together with the Buyers Premium detailed on The CONTRACT by which the SELLER agrees to sell agreements for lease and any documents varying each Lot if you are the successful bidder. This and the BUYER agrees to buy the LOT. or supplemental to them. payment must be received within 2 business days or as specified in the particulars of sale or auction CONTRACT DATE (*) TENANCY SCHEDULE operation guide, or other such documents that The date of the AUCTION or, if the LOT is sold The schedule of tenancies (if any) forming part of the auctioneer may specify. This payment must before or after the AUCTION: the special conditions be made via bank or electronic transfer taking into account any amount paid already by the Bidder a) the date of the SALE MEMORANDUM signed by TRANSFER Security Fee. both the SELLER and BUYER; or Transfer includes a conveyance or assignment (and b) if contracts are exchanged, the date of GUIDE PRICE exchange. If exchange is not effected in person “to transfer” includes “to convey” or “to assign”). or by an irrevocable agreement to exchange Where quoted, the Guide Price is an indication made by telephone, fax or electronic mail TUPE as to where the reserve is currently set. It is not the date of exchange is the date on which The Transfer of Undertakings (Protection of necessarily an indication of value or what the both parts have been signed and posted or Employment) Regulations 2006. auctioneer expects the lot will sell for. Where the otherwise placed beyond normal retrieval. guide price is a single figure the reserve will not VAT normally be more than 10% above this figure and if DOCUMENTS Value Added Tax or other tax of a similar nature. the Guide price is quoted as a range of figures then DOCUMENTS of title including, if title is registered, the Reserve will fall within these figures. the entries on the register and the title plan and VAT OPTION ONLINE BIDDING PROCESS other DOCUMENTS listed or referred to in the An option to tax. SPECIAL CONDITIONS relating to the LOT (apart The method and processes that allow a BIDDER from FINANCIAL CHARGES). WE (and US and OUR) to bid at the AUCTION online as described on the AUCTIONEERS’ website The auctioneers. EXTRA GENERAL CONDITIONS RESERVE Any conditions added or varied by the auctioneers YOU (AND YOUR) (*) The reserve is the minimum amount that the starting at condition G30. Someone who has seen the catalogue or who auctioneer is authorised to sell the lot at. It is attends or bids at or otherwise participates in the subject to change and will not normally be FINANCIAL CHARGE auction, whether or not a buyer. A charge to secure a loan or other financial disclosed. indebtedness (but not including a rent charge or local land charge). Amendments and Additions SUCCESSFUL BID The highest bid at the fall of the electronic gavel GENERAL CONDITIONS to the Glossary that will win the lot for the BIDDER, providing that The sale conditions headed ‘GENERAL the bid is at or above the RESERVE. CONDITIONS OF SALE’, including any extra general AMENDMENTS conditions. WEBSITE ADDENDUM The website managed by the AUCTIONEERS and INTEREST RATE An amendment or addition to the conditions or to on which the online auction is conducted. If not specified in the special conditions, the higher the particulars or to both whether contained in a of 6% and 4% above the base rate from time to supplement to the catalogue, a written notice from Words in small capitals have the special meanings time of Barclays Bank plc. The interest rate will also the auctioneers made available via the website, lot defined in the Glossary. apply to any judgment debt, unless the statutory details page, e mail or by any other method that rate is higher. the AUCTIONEERS see fit. The AUCTION CONDUCT CONDITIONS (as supplemented or varied by CONDITION A6, LOT AUCTION if applicable) are a compulsory section of Each separate property described in the catalogue The auction of each lot advertised in the catalogue the Common AUCTION Conditions. They or (as the case may be) the property that the seller which will take place online via the Internet has agreed to sell and the buyer to buy (including cannot be disapplied or varied without OUR chattels, if any). AUCTION OPERATION GUIDE agreement, even by a CONDITION purporting A document that outlines the auction process in its to replace the Common AUCTION Conditions OLD ARREARS entirety, for both buyers and sellers. The document in their entirety. Arrears due under any of the tenancies that are not can be found on the AUCTIONEER’S website or on “new tenancies” as defined by the Landlord and request. Tenant (Covenants) Act 1995. Auction Conduct Conditions CONTRACT DATE PARTICULARS The date of the auction or, if the lot is sold before The section of the catalogue that contains or after the auction: A1 Introduction descriptions of each lot (as varied by any a) the date of the sale memorandum signed by A1.1 The auction conduct conditions apply addendum). the AUCTIONEER on behalf of the seller and wherever the lot is located. buyer; or PRACTITIONER b) if contracts are exchanged, the date of An insolvency practitioner for the purposes of the exchange. If exchange is not effected in person A1.2 If you make a bid for a lot or otherwise Insolvency Act 1986 (or, in relation to jurisdictions or by an irrevocable agreement to exchange participate in the auction it is on the basis outside the United Kingdom, a person undertaking made by telephone, fax or electronic mail that you accept these auction conduct a similar role). the date of exchange is the date on which conditions. They govern our relationship both parts have been signed and posted or with you. They can be varied only if we PRICE otherwise placed beyond normal retrieval agree. The price (exclusive of VAT) that the buyer agrees to pay for the lot. YOU (AND YOUR) A2 Our Role Someone who has seen the catalogue or who visits A2.1 As agents for each seller we have Ready To Complete the Website or bids at or otherwise participates in authority to Ready, willing and able to complete: if completion the auction, whether or not a buyer. a) prepare the catalogue from would enable the seller to discharge all financial information supplied by or on charges secured on the lot that have to be behalf of each seller; discharged by completion, then those outstanding Additions b) offer each lot for sale; financial charges do not prevent the seller from c) sell each lot; being ready to complete. BIDDER d) receive and hold BIDDER SECURITY The person who bids for a lot either on behalf of and DEPOSITS as agent for the SALE CONDITIONS himself or on behalf of other persons. SELLER; The general conditions as varied by any special e) sign each sale memorandum; and conditions or addendum. BIDDER SECURITY FEE f) treat a contract as repudiated A Bidder Security Fee of £2000 is required for each if the buyer fails to sign a sale SALE MEMORANDUM lot that you wish to bid on and is a contribution memorandum or pay a deposit as The form so headed (whether or not set out in the towards the Deposit as described below and the required by these auction conduct catalogue) in which the terms of the contract for Buyers Premium as detailed on each Lot within the conditions. the sale of the lot are recorded. catalogue. It must be secured in advance either A2.2 OUR decision on the conduct of the by way of bank transfer or a hold being made on AUCTION is final. SELLER (*) a credit or debit card. Where you have not made A2.3 We may cancel the auction or alter the The person selling the lot. If two or more are jointly a successful bid in relation to the lot the auction order in which lots are offered for sale. the seller their obligations can be enforced against entrance fee will be released to you if you provided We may also combine or divide lots. A lot them jointly or against each of them separately. it via bank/electronic transfer or released back to you if a hold was placed on the funds via the may be sold or withdrawn from sale prior to the auction. SPECIAL CONDITIONS online payment system. 37 seelandco.com / 029 2037 0117 A4.3 A4.2 A4.1 A4 A3.6 A3.5 A3.4 A3.3 A3.2 A3.1 A3 A2.10 A2.9 A2.8 A2.7 A2.6 A2.5 A2.4 the correct versions. your responsibility tocheckthat youhave may changepriortotheauctionanditis The particularsandthesaleconditions form partof alegalcontract. by aconveyancerandare notintendedto as theparticularshave notbeenprepared particulars isincompleteorinaccurate, risk that thedescriptioncontainedin to therelevant lotnumber, youtake the a descriptionof thelot,orsimplyrefer If thespecialconditionsdonotcontain information intheparticularsiscorrect. the seller. You needto check that the information suppliedbyoronbehalfof each lot.Theparticularsare basedon prepare particularsthat correctly describe We have taken reasonable care to not besetuntilthedate of theauction. indication of thereserve price,whichmay at thedate of the guideprice.Itisnotan which thesellermightbeprepared tosell end of therange)isminimumpriceat published, that guideprice(orthelower Where aguideprice(orrangeof prices)is behalf of theseller. reserve priceare bidsmadebyoron that itispossiblethat allbidsuptothe exceeding thereserve price.youaccept price butmaynotmake abidequaltoor uptothereserve on theseller’sbehalf) may bid(oraskusoranotheragentto Where there isa reserve pricetheseller lot willbewithdrawnfrom theauction. equals orexceeds that reserve pricethe before thelotisoffered for sale).Ifnobid to areserve price(whichmaybefixed just Unless stated otherwise each lot is subject is final. entitled toresolve it,andourdecision If there isadisputeoverbidding,weare have toexplainwhy. We mayrefuse toacceptabid.We donot exclusive of VAT. All bidsare tobemadeinpoundssterling incur. liability for alossof anykindthat youmay nor ourthird-party providers holdany guide thenYOU acceptthat neitherwe way asdescribedintheauctionoperation If theauctionplatform failstoworkinthe guide whichcanbefound onourwebsite. accordance withourauctionoperation The auctionprocess willberunin possibility of anysuchrisks. auctioneer hasbeenmadeaware of the to theonlineauctionplatform evenifthe for anylosssuffered by YOU in relation third-party providers are innowayliable You acceptthat theauctioneerandour bid ontheAuctionPlatform. indirectly, YOUR inabilitytosuccessfully of anynature that results from, directly or providers acceptnoliabilityfor anyloss you acceptthat We andourthird-party and bidontheOnlineAuctionplatform Should youbeunabletoconnect for ouractions. and WEdonothave togiveanyreasons Our decisioninthesesituations isfinal providers of theOnlineAuctionplatform. liability onthepartof Usorourthird party Auction asnullandvoidwithoutany declare anyorallresults of theOnline suspend orcanceltheauctionand we mayat ourabsolutediscretion running of theOnlineAuctionplatform, situation orsituations arisethat affect the auction platform. Inthe eventthat a use reasonable care toprovide theonline You acceptandacknowledgethat WEwill without having toexplainwhy. persons toparticipate intheauction We mayrefuse toadmitoneormore any loss. care andyouhave noclaimagainstusfor permitted bylawweoweyounodutyof You acknowledgethat totheextent information andother The PARTICULARS prices Bidding andreserve A5.10 A5.9 A5.8 A5.7 A5.6 A5.5 A5.4 A5.3 A5.2 A5.1 A5 A6.1 A6 A4.4 bank transfer tothe Auctioneers. paid byYOU viaelectronic transfer or (usually 10%of thesaleprice)mustbe the depositorbalanceof depositdue, operation guideof theauctionclosing, Within theperiodspecifiedinauction constituted andabletobuythelot. warrant that thebuyerisproperly Where thebuyerisacompanyyou b) a) obligations undertheCONTRACT then If theBUYERdoesnotcomplywithits entitled toitunderthesaleconditions. does nottake place,totheperson seller oncompletionor, ifcompletion it (andinterest onitifapplicable)tothe stakeholder, weare authorisedtorelease Where weholdthedepositas funds. the deposithasbeenreceived incleared signed byoronbehalfof theselleruntil We mayretain thesalememorandum c) b) a) The deposit b) a) If YOU donotWEmayeither c) b) a) YOU mustbefore leaving theAUCTION price youbid(plusvat, ifapplicable). terms of thesalememorandumat the You are obligedtobuytheloton make thesuccessfulbidfor alot. condition A5appliestoyouonlyif (normally onthefallof thehammer).This A successfulbidisoneweacceptassuch minimum deposit. condition may, however, require ahigher or thetotalPRICE,ifless.Aspecial is 10%,(or£2000minimumasapplicable) contrary theminimumdepositweaccept Despite anyspecialconditiontothe document. the accuracyof that information or basis that weare notresponsible for of adocument,wedosoonlyonthe If weprovide information, oracopy The CONTRACT Extra AuctionConductConditions a result of thebuyer’sdefault. respect of anylossthesellerincursas you mustindemnifythesellerin even ifyouare actingasanagent;and you are personallyliabletobuythelot payment. state ifweacceptanyotherform of financial institution.ConditionA6may seller’s conveyancer)onanapproved payable tous(or, at ouroption,the cheque orbybankers’ draft made must bepaidinpoundssterlingby seller; and require ittobeheld asagentfor the stakeholder unlessthesaleconditions seller, butotherwiseistobeheldas were ittobeheldasagentfor the would bechargeable onthedeposit is tobeheldasstakeholder where VAT the seller’sconveyancer) is tobeheldbyus(or, at ouroption, behalf. sign thesalememorandumonyour you for breach of contract;or seller maythenhave aclaimagainst and offer thelot for saleagain:the as yourrepudiation of thecontract as agentfor thesellertreat that failure pay thedeposit. memorandum; and sign thecompletedsale required byus); (including proof of youridentityif complete thesalememorandum need from youtoenableus provide allinformation wereasonably 1.9 1.8 1.7 1.6 1.5 1.4 1.3 1.2 1.1 G1 may bechanged. and sale memorandumarenotcompulsory forms ofspecialconditions,schedulesand more lotsbyspecialconditions.Thetemplate disapplied orchangedinrelation tooneor butmaybe or addendum)arecompulsory or changedbyanyextrageneralconditions The generalconditions(assupplemented meanings definedintheGlossary. Words insmallcapitalshavethespecial General ConditionsOfSale replies. enquiries totheextentstated inthose conveyancer’s writtenreplies towritten but thebuyermayrely ontheseller’s made byoronbehalfof theseller particulars oronanyrepresentations on theinformation contained inthe The buyeradmitsthat itisnotrelying b) a) The buyerbuyswithfullknowledgeof b) a) included inthelot,butiftheyare: conditions state whetheranychattels are or tradefixtures orfittings.Thespecial The lotdoesnotincludeanytenant’s keep thesellerindemnified. but thebuyermustcomplywiththemand of whichitlearnsafter thecontractdate requirements of anycompetentauthority notices, orders, demands,proposals and The sellermustnotifythebuyerof any the selleragainstthat liability. buyer istocomplywithitandindemnify sold wouldexposethesellertoliability Where anythingsubjecttowhichthelotis i) h) g) f) e) d) c) b) a) the lotorfrom thedocuments: seller orare apparent from inspectionof whether ornottheyare disclosedbythe arise before orafter thecontractdate and following asmayaffect it,whetherthey The lotisalsosoldsubjecttosuchof the financial charges onorbefore completion. documents. Thesellermustdischarge contained orreferred tointhe The lotissoldsubjecttoallmatters completion. otherwise withvacantpossessionon disclosed bythespecialconditions,but The lotissoldsubjecttoanytenancies sale memorandum. not sodescribedisthat referred tointhe described inthespecialconditions,orif or reserved, andanyexclusions from it)is The lot(includinganyrightstobegranted The lot buyer hasinspectedit. on inspectionof it,whetherornotthe what couldreasonably bediscovered the physicalconditionof thelotand buyer hasread them;and the documents,whetherornot the selleristoleave themat thelot. if theyare notfit for use,and completion andthesellerisnotliable the buyertakes themastheyare at not reasonably knowabout. anything thesellerdoesnotandcould buyer hasmadethem;and buyer wouldmake, whetherornotthe the searches andenquiriesaprudent matters that oughttobedisclosedby the LandRegistration Act2002; any interest whichoverrides,under outgoings andotherliabilities; and wayleaves; rights, easements,quasi-easements, highways orpublichealth; to townandcountryplanning, agreements andothermatters relating charges, notices,orders, restrictions, authority; and requirements of any competent notices, orders, demands,proposals any statute; authority orundertheprovisions of registration byanycompetent matters registered orcapableof registration aslocallandcharges; matters registered orcapableof G2 Deposit 4.2 The following provisions apply only to any 5.3 The seller cannot be required to transfer of the following documents that is not the lot to anyone other than the buyer, or 2.1 The amount of the deposit is the greater made available before the auction: by more than one transfer. of a) any minimum deposit stated in the a) If the lot is registered land the 5.4 Where the special conditions state that auction conduct conditions (or the seller is to give to the buyer within the seller is to grant a new lease to the total price, if this is less than that five business days of the contract buyer minimum); and date an official copy of the entries a) the conditions are to be read so that b) 10% of the price (exclusive of any vat on the register and title plan and, the transfer refers to the new lease, on the price). where noted on the register, of all the seller to the proposed landlord documents subject to which the lot is 2.2 If a cheque for all or part of the deposit is and the buyer to the proposed tenant; being sold. b) the form of new lease is that described not cleared on first presentation the seller b) If the lot is not registered land the may treat the contract as at an end and by the special conditions; and seller is to give to the buyer within five c) the seller is to produce, at least five bring a claim against the buyer for breach business days of the contract date an of contract. business days before the agreed abstract or epitome of title starting completion date, the engrossed 2.3 Interest earned on the deposit belongs from the root of title mentioned in counterpart lease, which the buyer to the seller unless the sale conditions the special conditions (or, if none is to sign and deliver to the seller on provide otherwise. is mentioned, a good root of title completion more than fifteen years old) and must G3 Between contract and completion produce to the buyer the original or 3.1 From the contract date the seller has no an examined copy of every relevant G6 Completion obligation to insure the lot and the buyer document. bears all risks of loss or damage unless c) If title is in the course of registration, 6.1 Completion is to take place at the offices a) the lot is sold subject to a tenancy that title is to consist of: of the seller’s conveyancer, or where requires the seller to insure the lot or (i) certified copies of the the seller may reasonably require, on b) the special conditions require the application for registration of title the agreed completion date. The seller seller to insure the lot. made to the Land Registry and of can only be required to complete on a the documents accompanying that business day and between the hours of 3.2 If the seller is required to insure the lot application; 0930 and 1700. then the seller (ii) evidence that all applicable 6.2 The amount payable on completion a) must produce to the buyer on request stamp duty land tax relating to that all relevant insurance details; is the balance of the price adjusted to application has been paid; and take account of apportionments plus (if b) must use reasonable endeavours to (iii) a letter under which the seller maintain that or equivalent insurance applicable), vat and interest and any other or its conveyancer agrees to use all amounts stated in the special conditions. and pay the premiums when due; reasonable endeavours to answer any c) gives no warranty as to the adequacy requisitions raised by the Land Registry 6.3 Payment is to be made in euros and only of the insurance; and to instruct the Land Registry by d) must at the request of the buyer use to send the completed registration a) direct transfer from the buyer’s reasonable endeavours to have the documents to the buyer. conveyancer to the seller’s buyer’s interest noted on the policy d) The buyer has no right to object conveyancer; and if it does not cover a contracting to or make requisitions on any title b) the release of any deposit held by a purchaser; information more than seven business stakeholder e) must, unless otherwise agreed, cancel days after that information has been or in such other manner as the seller’s the insurance at completion, apply given to the buyer. conveyancer may agree. for a refund of premium and (subject to the rights of any tenant or other 4.3 Unless otherwise stated in the special 6.4 Unless the seller and the buyer otherwise third party) pay that refund to the conditions the seller sells with full title agree, completion cannot take place until buyer; and guarantee except that (and the transfer both have complied with the obligations f) (subject to the rights of any tenant or shall so provide): under the contract that they are obliged other third party) hold on trust for the a) the covenant set out in section 3 of to comply with prior to completion, and buyer any insurance payments that the Law of Property (Miscellaneous the amount payable on completion is the seller receives in respect of loss Provisions) Act 1994 shall not extend unconditionally received in the seller’s or damage arising after the contract to matters recorded in registers open conveyancer’s client account or as date, or assign to the buyer the benefit to public inspection; these are to be otherwise required by the terms of the of any claim; treated as within the actual knowledge contract. and the buyer must on completion of the buyer; and 6.5 If completion takes place after 1400 hours reimburse to the seller the cost of that b) the covenant set out in section 4(1)(b) for a reason other than the seller’s default insurance as from the contract date (to of the Law of Property (Miscellaneous it is to be treated, for the purposes of the extent not already paid by the buyer or Provisions) Act 1994 shall not extend apportionment and calculating interest, as a tenant or other third party). to any condition or tenant’s obligation if it had taken place on the next business relating to the state or condition of day. 3.3 No damage to or destruction of the lot, the lot where the lot is leasehold nor any deterioration in its condition, property. 6.6 Where applicable the contract remains in however caused, entitles the buyer to any force following completion. 4.4 The transfer is to have effect as if reduction in price, or to delay completion, G7 Notice to complete or to refuse to complete. expressly subject to all matters subject to which the lot is sold under the contract. 3.4 Section 47 of the Law of Property Act 7.1 The seller or the buyer may on or after 1925 does not apply to the contract. 4.5 The seller does not have to produce, nor may the buyer object to or make the agreed completion date but before 3.5 Unless the buyer is already lawfully in a requisition in relation to, any prior or completion give the other notice to occupation of the lot the buyer has no superior title even if it is referred to in the complete within ten business days right to enter into occupation prior to documents. (excluding the date on which the notice is completion. given) making time of the essence. 4.6 The seller (and, if relevant, the buyer) must G4 Title and identity produce to each other such confirmation 7.2 The person giving the notice must be ready to complete. 4.1 Unless condition G4.2 applies, the buyer of, or evidence of, their identity and that accepts the title of the seller to the lot of their mortgagees and attorneys (if any) 7.3 If the buyer fails to comply with a notice as at the contract date and may raise as is necessary for the other to be able to to complete the seller may, without no requisition or objection to any of the comply with applicable Money Laundering affecting any other remedy the seller has: documents that is made available before Regulations and Land Registry Rules. a) terminate the contract; the auction or any other matter, except G5 Transfer b) claim the deposit and any interest on one that occurs after the contract date. it if held by a stakeholder; 5.1 Unless a form of transfer is prescribed by c) forfeit the deposit and any interest the special conditions on it; a) the buyer must supply a draft transfer d) resell the lot; and to the seller at least ten business days e) claim damages from the buyer. before the agreed completion date 7.4 If the seller fails to comply with a notice and the engrossment (signed as a to complete the buyer may, without deed by the buyer if condition G5.2 affecting any other remedy the buyer has: applies) five business days before that date or (if later) two business days a) terminate the contract; and after the draft has been approved by b) recover the deposit and any interest the seller; and on it from the seller or, if applicable, a b) the seller must approve or revise the stakeholder. draft transfer within five business days of receiving it from the buyer. 5.2 If the seller has any liability (other than to the buyer) in relation to the lot or a tenancy following completion, the buyer is specifically to covenant in the transfer to indemnify the seller against that liability. 39 seelandco.com / 029 2037 0117 10.3 10.2 10.1 G10 9.6 9.5 9.4 9.3 9.2 9.1 G9 G8 interest becomes payablebythebuyer. to beapportionedonthedate from which in whicheventincomeandoutgoingsare b) a) unless: apportioned at theactualcompletiondate Income andoutgoingsare tobe receives incleared funds. is entitledthat thesellersubsequently completion anysumtowhichthebuyer seller mustpromptly paytothebuyerafter received that sumincleared funds.The sum at completionunlessthesellerhas obliged toapportionoraccountfor any Subject toconditionG11thesellerisnot the actualcompletiondate. agreed completiondate andendingon completion for theperiodstartingon on themoneyduefrom thebuyerat must payinterest at theinterest rate other thantheseller’sdefaultbuyer agreed completiondate for anyreason If theactualcompletiondate isafter the buyer for breach of thisconditionG9. prejudice totheclaimsof eitherselleror licence notice.That termination iswithout at anytimebefore thesellerhasgiven notice totheotherterminate thecontract any obligation underthisconditionG9)by the buyermay(ifnottheninbreach of licence noticetothebuyerselleror and buyeragree) thesellerhasnotgiven date (orsuchlongerperiodastheseller If withinthree monthsof thecontract b) a) The buyermustpromptly b) a) The sellermust (“licence notice”). buyer that licencehasbeenobtained after thesellerhasgivennoticeto earlier thanthedate fivebusinessdays The agreed completiondate isnottobe that iswhat thelandlord lawfullyrequires. being obtained,bywayof formal licenceif The contractisconditionalonthat licence this conditionG9applies. and licencetoassignorsubletisrequired Where thelotisorincludesleaseholdland b) a) end: If thecontractislawfullybrought toan Interest andapportionments Landlord’s licence If thecontractisbroughttoanend by thebuyer; from which interest becomespayable requiring apportionmentonthedate buyer at anytimeuptocompletion the sellerhasgivennoticeto the buyerisliabletopayinterest; and requirements. comply withthelandlord’s lawful information; and provide references andotherrelevant agreement properly required. enter intoanyauthorisedguarantee expense; and obtain thelicenceat theseller’s use allreasonable endeavours to under conditionG7.3. seller isentitledtoforfeit thedeposit stakeholder, ifapplicable)unlessthe (and thebuyermayclaimitfrom the and anyinterest onittothebuyer the sellermustreturn thedeposit contract; and agent tocancelanyregistration of the the sellerandappointsits the buyermustreturn allpapersto 11.8 11.7 11.6 11.5 11.4 11.3 11.2 11.1 G11 10.5 10.4 f) e) d) c) b) a) unpaid thebuyermust: While anyarrears duetothesellerremain b) a) the specialconditions Part 3of thisconditionG11applieswhere that thesellerhastorecover thosearrears. seller istoassignthebuyerallrights If thosearrears are notoldarrears the conditions. which detailsare setoutinthespecial due, anamountequaltoallarrears of in additiontoanyothermoneythen The buyerisoncompletiontopay, arrears. the specialconditionsgivedetailsof Part 2of thisconditionG11applieswhere apply toarrears of current rent. Parts 2and3of thisconditionG11donot given inthespecialconditions. whether ornotdetailsof thosearrears are current rent the buyer mustpaythem, If oncompletionthere are anyarrears of four monthspreceding completion. recent rent paymentdate onorwithin sums payablebythetenantonmost is sold,theinstalmentof rent andother of thetenanciessubjecttowhichlot “Current rent” means,inrespect of each Part 3–buyernottopayforarrears Part 2-buyertopayforarrears including thedate of payment. payment from theduedate uptoand to thesellerat theinterest rate onthat the duedate, thebuyeristopayinterest seller onorafter completionisnotpaidby If apaymentduefrom thebuyerto c) b) a) the basisthat: Apportionments are tobecalculated on Part 1–Currentrent Arrears part 3of thisconditionG11. favour of thesellerinsimilarform to buyer’s successorintitleacovenant recovery of all arrears obtainfrom the if thebuyerdisposesof thelotpriorto under whicharrears are due;and surrender of orforfeit anytenancy liability topayarrears oraccepta release anytenantorsurety from not withouttheconsentof theseller buyer’s order; an undertakingtoholditthe the counterpartof anytenancyagainst seller’s conveyancertohave onloan if reasonably required, allowthe may reasonably require; such form astheseller’sconveyancer old arrears, suchassignmenttobein direct the righttodemandandsuefor assign tothesellerorasmay on request, at thecostof theseller, subsequent day’sdelayinpayment); calculated onadailybasisfor each funds (plusinterest at theinterest rate business daysof receipt incleared pay themtothesellerwithinfive tenancy; take legalproceedings orforfeit the course of managementbutneednot try tocollectthemintheordinary give nodetailsof anyarrears. so state; or the amountisknown. five businessdays of thedate when seller orbuyerasappropriate within and furtherpaymentistobemadeby reference toareasonable estimate apportionment istobemadeby is notknownat completion where theamounttobeapportioned and during theperiodtowhichitrelates; period accruesat anequaldailyrate expenditure relating tosomeother 366 inaleapyear),andincome assuming 365daysinayear(or accrues at anequaldailyrate annual incomeandexpenditure made; day onwhichapportionmentistobe for outgoingsfor thewholeof the the sellerreceives incomeandisliable 11.9 G13 12.3 12.2 12.1 G12 14.2 14.1 G14 13.4 13.3 13.2 13.1 removal of goodsfrom thelot. proceedings againstatenantorseekthe written consentbringinsolvency arrears itmustnotwithoutthebuyer’s Where thesellerhasrighttorecover c) b) a) and: or agreement tograntanewtenancy) forfeiture of atenancy;ornewtenancy agreement tosurrender orproposed a rent review; avariation, surrender, not limitedto,anapplication for licence; the buyerafter completion(suchas,but management issuesthat wouldaffect The sellermustconsultthebuyeronall completion. management policiespending in accordance withitsstandard The selleristomanagethelot sold subjecttotenancies. This conditionG12applieswhere thelotis nor willbepriortocompletion. or byanycompanyinthesamevat group confirms that nonehasbeenmadebyit no vat optionhasbeenmadetheseller Where thespecialconditionsstate that invoice. consideration, butonlyifgivenavalidvat that ischargeable onthat moneyor given, thepayermustalsopayanyvat to bepaidorotherconsideration tobe Where a saleconditionrequires money c) b) a) seller to: in whichthebuyercovenantswith deposit tothebuyerunderanassignment pay andassignitsinterest intherent Otherwise thesellermustoncompletion buyer’s lawfulinstructions. comply at thecostof thebuyerwith to thetermsof therent depositdeed, deposit ontrustfor thebuyerand,subject seller mustoncompletionholdtherent If therent depositisnotassignablethe the rent depositisheld. the deedorotherdocumentunderwhich condition G13“rent depositdeed”means rent depositinrespect of atenancy. Inthis otherwise entitledtomoneybywayof applies where thesellerisholdingor The remainder of thisconditionG13 that theyhave complied. (before completion,sofaraspracticable) to demonstrate inwritingtotheother the protection of tenants’deposits,and respective statutory dutiesinrelation to the buyerare tocomplywiththeir shorthold tenancy, thesellerand Where anytenancyisanassured Rent deposits Management VAT by thebuyer. requires, orbyreason of delaycaused incurs through actingasthebuyer against alllossorliabilitytheseller the buyeristoindemnifyseller and the sellermayactasintends; days givingreasons for theobjection does notobjectwithinfivebusiness the seller’sintendedactandbuyer if thesellergivesbuyernoticeof way astoavoid that liability; seller mayactreasonably insucha not otherwisehave, inwhichcasethe seller toaliabilitythat thesellerwould indemnity inparagraph(c))exposethe unless todosowould(butfor the buyer’s reasonable requirements the sellermustcomplywith deposit deed. tenant asmayberequired bytherent give suchdirect covenanttothe tenant; and give noticeof assignmenttothe in respect of anybreach; deposit deedandindemnifytheseller covenants andconditionsintherent observe andperform theseller’s G15 Transfer as a going concern G17 Maintenance agreements 21.2 The seller has made available such reports as the seller has as to the environmental 15.1 Where the special conditions so state: 17.1 The seller agrees to use reasonable condition of the lot and has given the buyer the opportunity to carry out a) the seller and the buyer intend, and endeavours to transfer to the buyer, investigations (whether or not the buyer will take all practicable steps (short at the buyer’s cost, the benefit of the has read those reports or carried out of an appeal) to procure, that the maintenance agreements specified in the any investigation) and the buyer admits sale is treated as a transfer of a going special conditions. that the price takes into account the concern; and 17.2 The buyer must assume, and indemnify environmental condition of the lot b) this condition G15 applies. the seller in respect of, all liability under 21.3 The buyer agrees to indemnify the seller in 15.2 The seller confirms that the seller: such agreements from the actual completion date. respect of all liability for or resulting from a) is registered for vat, either in the the environmental condition of the lot. seller’s name or as a member of the G18 Landlord and Tenant Act 1987 same vat group; and G22 Service Charge b) has (unless the sale is a standard-rated 18.1 This condition G18 applies where the sale supply) made in relation to the lot a is a relevant disposal for the purposes of 22.1 This condition G22 applies where the lot vat option that remains valid and will part I of the Landlord and Tenant Act 1987 is sold subject to tenancies that include not be revoked before completion. service charge provisions. 18.2 The seller warrants that the seller has 15.3 The buyer confirms that complied with sections 5B and 7 of that 22.2 No apportionment is to be made at a) it is registered for vat, either in the Act and that the requisite majority of completion in respect of service charges. buyer’s name or as a member of a vat qualifying tenants has not accepted the 22.3 Within two months after completion the group; offer. seller must provide to the buyer a detailed b) it has made, or will make before G19 Sale by practitioner service charge account for the service completion, a vat option in relation to charge year current on completion the lot and will not revoke it before or showing: 19.1 This condition G19 applies where the sale within three months after completion; a) service charge expenditure c) article 5(2B) of the Value Added Tax is by a practitioner either as seller or as agent of the seller. attributable to each tenancy; (Special Provisions) Order 1995 does b) payments on account of service not apply to it; and 19.2 The practitioner has been duly appointed charge received from each tenant; d) it is not buying the lot as a nominee and is empowered to sell the lot. c) any amounts due from a tenant that for another person. 19.3 Neither the practitioner nor the firm or have not been received; 15.4 The buyer is to give to the seller as early any member of the firm to which the d) any service charge expenditure that is as possible before the agreed completion practitioner belongs has any personal not attributable to any tenancy and is date evidence liability in connection with the sale or the for that reason irrecoverable. a) of the buyer’s vat registration; performance of the seller’s obligations. b) that the buyer has made a vat option; The transfer is to include a declaration 22.4 In respect of each tenancy, if the service and excluding that personal liability. charge account shows: c) that the vat option has been notified in 19.4 The lot is sold a) that payments that the tenant has writing to HM Revenue and Customs; a) in its condition at completion; made on account exceed attributable and if it does not produce the relevant service charge expenditure, the seller evidence at least two business days before b) for such title as the seller may have; and must pay to the buyer an amount the agreed completion date, condition equal to that excess when it provides G14.1 applies at completion. c) with no title guarantee; and the buyer has no right to terminate the service charge account; or 15.5 The buyer confirms that after completion the contract or any other remedy if b) that attributable service charge the buyer intends to information provided about the lot is expenditure exceeds payments made a) retain and manage the lot for the inaccurate, incomplete or missing. on account, the buyer must use all reasonable endeavours to recover buyer’s own benefit as a continuing 19.5 Where relevant: business as a going concern subject to the shortfall from the tenant as soon and with the benefit of the tenancies; a) the documents must include as practicable and promptly pay the and certified copies of those under amount so recovered to the seller; b) collect the rents payable under the which the practitioner is appointed, but in respect of payments on account tenancies and charge vat on them. the document of appointment and that are still due from a tenant condition the practitioner’s acceptance of G11 (arrears) applies. 15.6 If, after completion, it is found that the appointment; and sale of the lot is not a transfer of a going b) the seller may require the transfer to 22.5 In respect of service charge expenditure concern then: be by the lender exercising its power that is not attributable to any tenancy the a) the seller’s conveyancer is to notify of sale under the Law of Property Act seller must pay the expenditure incurred the buyer’s conveyancer of that 1925. in respect of the period before actual completion date and the buyer must pay finding and provide a vat invoice in 19.6 The buyer understands this condition respect of the sale of the lot; the expenditure incurred in respect of G19 and agrees that it is fair in the the period after actual completion date. b) the buyer must within five business circumstances of a sale by a practitioner. days of receipt of the vat invoice pay Any necessary monetary adjustment is to the seller the vat due; and G20 Tupe to be made within five business days of c) if vat is payable because the buyer has the seller providing the service charge not complied with this condition G15, 20.1 If the special conditions state “there are account to the buyer. the buyer must pay and indemnify no employees to which tupe applies”, this 22.6 If the seller holds any reserve or sinking the seller against all costs, interest, is a warranty by the seller to this effect. fund on account of future service charge penalties or surcharges that the seller 20.2 If the special conditions do not state expenditure or a depreciation fund: incurs as a result. “there are no employees to which tupe a) the seller must pay it (including any G16 Capital allowances applies” the following paragraphs apply: interest earned on it) to the buyer on a) The seller must notify the buyer of completion; and 16.1 This condition G16 applies where the those employees whose contracts of b) the buyer must covenant with the special conditions state that there are employment will transfer to the buyer seller to hold it in accordance with capital allowances available in respect of on completion (the “Transferring the terms of the tenancies and to the lot. Employees”). This notification must indemnify the seller if it does not do so. 16.2 The seller is promptly to supply to the be given to the buyer not less than 14 buyer all information reasonably required days before completion. G23 Rent reviews by the buyer in connection with the b) The buyer confirms that it will comply buyer’s claim for capital allowances. with its obligations under tupe and 23.1 This condition G23 applies where the lot any special conditions in respect of is sold subject to a tenancy under which 16.3 The value to be attributed to those the Transferring Employees. a rent review due on or before the actual items on which capital allowances c) The buyer and the seller acknowledge completion date has not been agreed or may be claimed is set out in the special that pursuant and subject to tupe, the determined. conditions. contracts of employment between the Transferring Employees and the 23.2 The seller may continue negotiations or The seller and buyer agree: rent review proceedings up to the actual a) to make an election on completion seller will transfer to the buyer on completion. completion date but may not agree the under Section 198 of the Capital level of the revised rent or commence Allowances Act 2001 to give effect to d) The buyer is to keep the seller indemnified against all liability for rent review proceedings without the this condition G16; and written consent of the buyer, such b) to submit the value specified in the the Transferring Employees after completion. consent not to be unreasonably withheld special conditions to HM Revenue or delayed. and Customs for the purposes of G21 Environmental their respective capital allowance computations. 21.1 This condition G21 only applies where the special conditions so provide.

41 seelandco.com / 029 2037 0117 24.5 24.4 24.3 24.2 24.1 G24 23.8 23.7 23.6 23.5 23.4 23.3 to this. the tenancyandanyproceedings relating own costsinrelation totherenewal of The sellerandthebuyerare tobeartheir c) b) a) Following completionthebuyermust: reasonably directs inrelation toit. five businessdaysandactasthebuyer must sendacopytothebuyerwithin If thesellerreceives anoticetheseller continue anyproceedings. or respond toanynoticeorbegin unreasonably withholdordelay)serve of thebuyer(whichmustnot must notwithoutthewrittenconsent the sellertoliabilityorpenalty, theseller Where practicable,withoutexposing proceedings underthat Act. and proceedings are tonoticesand amended) andreferences tonotices the Landlord andTenant Act1954(as remain inoccupation underpartIIof tenant underatenancyhastherightto This conditionG24 applieswhere the negotiations andproceedings. their owncostsinrelation torent review The sellerandthebuyerare tobear arrears. interest recoverable istobetreated as completion theincreased rent andany the tenanthasnotbeenreceived by rent andanyinterest recoverable from before completionbuttheincreased If arent review isagreed ordetermined cleared funds. within fivebusinessdays of receipt of relates totheseller’speriodof ownership interest recovered from thetenant that to thesellerfor anyincreased rent and or determinedthebuyermustaccount When therent review hasbeenagreed the othermakes inrelation toit. review andhave regard toanyproposals other informed of theprogress of therent The sellerandthebuyerare tokeep each b) a) The sellermustpromptly: be unreasonably withheldordelayed. consent of theseller, suchconsentnotto of therevised rent withoutthewritten practicable butmaynotagree thelevel proceedings assoonreasonably complete rent review negotiations or Following completionthebuyermust Tenancy renewals funds. five businessdays of receipt of cleared period of ownershipof thelotwithin that increase that relates tothe seller’s account tothesellerfor thepartof rent orunder therenewed tenancy) from the tenant(whetherasinterim if anyincreased rent isrecovered reasonably obtainable;and practicable at thebestrent orrents interim rent assoonreasonably tenancy andthedetermination of any negotiations for therenewal of the to concludeanyproceedings or use allreasonable endeavours itself asapartytoanyproceedings; take immediate stepstosubstitute with theco-operation of theseller any rent review proceedings. substitute thebuyerfor thesellerin use allreasonable endeavours to and correspondence andotherpapers; proceedings, includingcopiesof all all rent review negotiations and give tothebuyerfulldetailsof 25.2 25.1 G25 28.4 28.3 28.2 28.1 G28 G27 G26 27.2 b) a) must after completion: If awarrantyisnotassignabletheseller b) a) must: Where awarrantyisassignabletheseller special conditions. Available warrantiesare listedinthe after ithasbeenposted. as received onthesecondbusiness day next following business daywillbetreated that offers normallytodeliver mailthe A communication sentbyapostalservice business day. to betreated asreceived onthenext on abusinessdaycommunication is but ifdelivered ormadeafter 1700hours b) a) received: A communication istobetreated as c) b) a) A communication mayberelied onif: or bytheirconveyancers. by thesellerorbuyermaybegivento must beinwriting.Communication toor All communications, includingnotices, c) b) a) soon aspracticable: The buyermustat itsownexpenseandas lot comprisespartof aregistered title. This conditionG27.2 applieswhere the c) b) a) soon aspracticable: The buyermustat itsownexpenseandas registration orisaregistrable disposition. is leaseholdanditssaleeithertriggersfirst This conditionG27.1 applieswhere thelot this contract. or anypartof thebuyer’sinterest under otherwise transfer orpartwiththewhole The buyermustnotassign,mortgageor Warranties Notices andothercommunications Registration at theLandRegistry No assignment penalty. or exposethesellertoanyliability place thesellerinbreach of itsterms in relation tothewarrantyasdonot of thelawfulinstructionsof thebuyer at thebuyer’scostcomplywithsuch buyer; and hold thewarrantyontrustfor the obtained. days after theconsenthasbeen must beassignedwithinfivebusiness obtained bycompletionthewarranty is required. Ifconsenthasnotbeen to obtain)anyconsentassignthat must useallreasonable endeavours apply for (andthesellerandbuyer person whogave thewarranty;and and givenoticeof assignmenttothe on completionassignittothebuyer made electronically; when personallyacknowledged,if or when delivered, ifdelivered byhand; following businessday. offers normallytodelivermailthenext memorandum) byapostalservicethat to begiven(asspecifiedinthesale address of thepersontowhomitis there isproof that itwas sent tothe acknowledgement doesnotcount);or acknowledged (automatic made electronically andpersonally delivered byhand;or Registry relating totheapplication. may properly make totheLand join inanyrepresentations theseller title; and and titleplanfor thebuyer’snew provide thesellerwithanofficial copy apply for registration of thetransfer; showing itselfregistered asproprietor. of theregister relating tosuchlease provide thesellerwithanofficial copy the affected titles;and lot isheldare properly notedagainst reserved bytheleaseunderwhich procure that allrightsgrantedand the lot; at theLandRegistryasproprietor of procure that itbecomesregistered G30 G29 1999. Contracts (Rightsof Third Parties)Act under thecontractpursuantto No oneisintendedtohave anybenefit Extra GeneralConditions Act 1999 Contracts (RightsofThirdParties) Agreement Date Lot number

Property

Postcode

Purchaser’s Name

Purchaser’s Address

Postcode

Phone

Email address

I /We do acknowledge that we have this day purchased the property described in the attached particulars and subject to the foregoing conditions.

For the sum of £ Having paid an auctioneers deposit of £

Amount in words

I/We hereby agree to pay the balance and to complete the purchase according to particulars, general and special conditions of sale applicable to all or individual lots.

Completion Date

Signed on behalf of Purchaser Memorandum of Contract Print name of Signatory

Purchase Price £ Plus the Buyer’s Premium as stated in the Additional Fees for each Lot.

Deposit £

Balance Payable £

Vendor

Signed as agents for vendor(s)

Purchaser’s Solicitors Phone

Solicitors Address

FAO Postcode

Duly authorised to accept notices for purpose of this contract notices for purpose of this contract 43 You may only buy a new home once or twice in your lifetime. We do it everyday.

Free advice on day Pre auction reports available Clear fixed quotes 02920 225472 Lexcel & CQS Accredited [email protected] Local property spcecialists www.jcpsolicitors.co.uk

The Law Society accreditation scheme logos

Guidelines for use Logos The Law Society accreditation scheme logos should be Each scheme has its own logo and colour. The logos used on members’ stationery and promotional material. should always be shown as illustrated in Fig 1.1. To ensure that the logos are produced consistently We also offer block managementplease send a copy of these guidelines to your designer or printer along with the relevant logo.

FIG. 1.1 To talk to us about Block or Estate Management Services or

YELLOW - PMS 123 PINK - MAGENTA Did you 0C/30M/94Y/0K 0C/100M/0Y/0K to arrange a meeting, call us on 02920 370 100.

BLACK BLACK seelandco.com 0C/0M/0Y/100K 0C/0M/0Y/100K

LIGHT BLUE - CYAN DARK BLUE - PMS 288 know? 100C/0M/0Y/0K 100C/65M/0Y/30K BLACK BLACK 0C/0M/0Y/100K 0C/0M/0Y/100K

BLUE - PMS 285 DARK BLUE - PMS 288 91C/43M/0Y/0K 100C/65M/0Y/30K

BLACK BLACK 0C/0M/0Y/100K 0C/0M/0Y/100K

PURPLE - PMS 7432 ORANGE - PMS 021 0C/55M/3Y/10K 0C/51M/87Y/0K

BLACK BLACK 0C/0M/0Y/100K 0C/0M/0Y/100K

LILAC - PMS 272 RED - PMS 485 60C/47M/0Y/0K 0C/100M/91Y/0K

BLACK BLACK 0C/0M/0Y/100K 0C/0M/0Y/100K

GREEN - PMS 361 LIGHT GREEN - PMS 382 Property Auction Specialists 76C/0M/91Y/0K 30C/0M/94Y/0K

BLACK BLACK 0C/0M/0Y/100K 0C/0M/0Y/100K Buying or selling at auction GREEN - PMS 361 76C/0M/91Y/0K

BLACK Pre auction reports 0C/0M/0Y/100K

We are on all the major lending panels Because of the printing process used for this brochure, these colours are indicative only.

and experts in bridging finance 2

Please contact Rhidian Hobbs FREEPHONE: 0808 178 2773 www.howellslegal.com e-mail: [email protected]

SWANSEA BRIDGEND TALBOT GREEN CARDIFF CAERPHILLY NEWPORT 01792 410016 01656 477477 01443 230411 029 2040 4020 029 2086 7111 01633 227960 4 Langdon House, Elm Court 85 Talbot Road, Fitzalan House 72/74 Cardiff Road, 29 Bridge Street, Langdon Road, Cowbridge Road CF72 8AE Fitzalan Road CF83 1JQ NP20 4BG SA1 8QY CF31 1BE CF24 0EL 45

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