Below is the full auction catalogue in PDF format.

It is advisable to obtain a hard copy of the catalogue from the Auction House prior to purchasing a property or incurring any expense in relation to a lot.

Please note that lot details are subject to change and these changes are available from the Auction House directly. Residential & Commercial Property Auction

Wednesday 2nd April 2014 Radisson Blu Portman Hotel London, 22 Portman Square, London W1H 7BG Starting 12 noon

CONTENTS

Contents and Auctioneer’s Note ...... 1

Guide to Auction ...... 2

Location ...... 3

Lot Order and Guide Prices ...... 4

Auction Information ...... 6

Auction Conditions ...... 30

Index of Seller’s Solicitors ...... 36

Registration Form for Proxy, Telephone or Internet Bidding ...... 38

Memorandum of Sale ...... 39

Auction Bidder’s Registration Form ...... 40

AUCTIONEER’S NOTE

35 tremendous opportunities to secure your next fantastic property investment

I hope the above headline has caught your imagination? We made a tentative start to 2014, in our February Auction, with the auction date itself being relatively quiet. But in turn, we have turned out to be feverishly busy post auction with, offers and deals and as the year moves on into March, fresh instructions on properties that have not been on the market for many years, also appear to be coming in very quickly. There is no doubt at all that residential auctioneers are seeing a wide range of assets being offered. Competitive bidding is certainly driving London property to full market value, or where there is a great opportunity, sometimes, even more. Additionally lenders are re-opening their loan books and the lines of credit are readily available both to the regular investors and the fi rst time auction buyers. Along these lines we have a combination of properties to offer you this April from, secure income, properties to suit the asset managers and also something for those who are potential developers. Our extending team have been traveling across the country to deal with your valuations and we have already under taken valuations on almost £20m worth of lots. It has only been six weeks since our last Auction and with that in mind I am proud to be able to bring to you such a diverse catalogue with many fresh to market lots. So, whatever your interest, whether buyer or seller, we can assure you the best advice at all times and we are looking forward to a good April auction. Please come and see us or give us a call and one of the team members will do whatever they can to assist you. Secure the lot of your choice and don’t forget to log on to www.msauctions.co.uk We look forward to seeing you on the 2nd of April 2014. Best Wishes,

Edward Swindells BSc (Dipsurv) Auctioneer & Valuer

1 YOUR GUIDE TO BUYING AT AUCTION

Regular auction buyers know it is a simple process. But before We provide a proxy and telephone bidding service, details of coming to our sale we recommend prospective buyers: which, together with the terms and conditions, can be found on the website or at the end of this catalogue. • Browse upcoming sales or search for a specifi c property online. For those of you who cannot attend but want to follow the auction online please go to our website. This service will be • View the property details in the online catalogue available from the start of the auction. • Tell us about your interest. We may be able to help and tell Keep in touch with us you about any updates We are here to help you. If you register your interest with us via Read our website or by contacting us directly this will help us keep in The common auction conditions of sale (CAC) have been touch with you if there are changes.The time from ‘start to fall of published by the Royal Institution of Chartered Surveyors and the gavel’ can be fast. We want you though to be comfortable are reproduced on our website and towards the end of this once you join us, so here is an outline of the process. catalogue. As surveyors and auctioneers we have adopted • Auctioneer’s announcements: Our auctioneers open the CAC and the sale of properties in England and Wales are proceedings with preliminary remarks and announcements. subject to them. They set out the duties and obligations of the They may affect the property you aim to buy so we suggest buyers and sellers and of the auctioneer. This is an important you arrive promptly even though the lot you may be document. As far as possible it has been written in plain English interested in may be towards the end of the auction. but it does form part of your contract of purchase and some terms will inevitably use legal phraseology. • Auction day amendments: Sellers/solicitors may amend details up to the time of auction. Do check with us prior You should consult with your legal adviser before bidding and whether your property has sold prior/been withdrawn/ also your accountant regarding the impact of VAT, if applicable, subject to change. Don’t forget to get a copy of the fi nal on the sale price. The CAC are divided into three parts. If you version of the addendum which is available in the auction are intending to bid for yourself or another please read the room and ensure that you have seen and understand any Conduct of the Auction section carefully before arrival. If you addenda relating to the property for which you are bidding. need help in understanding them please contact us, preferably Guide prices may also change during the marketing period. by e-mail or consult your legal adviser. An up to date list is available in the auction room. Each property will have its own legal documents including the • Auction day assistance: We do want your time with us to Special Conditions of Sale which are supplied by the seller’s be rewarding and as pleasant as possible. If you have any solicitor. If you receive copies they should be checked against questions we usually have the sellers’ solicitors standing the originals before the auction to make sure they have been by or any of the MS Auction team are there to help you. If scanned correctly. Seller’s solicitors usually hold title deeds, you have any special needs regarding access or seating or leases and other documents relevant to the sale. They are disabilities where you require our assistance please let us usually available to download free from our website. Please let know. We will do our utmost to be of service. us know if getting a legal pack is problematic. Auction Procedure Check 1. Please bid in time and clearly. You are important to us and The information on each property in this catalogue has been we don’t want to miss your bid. provided and checked by the seller and their solicitor. We can only give a short overview of what is being sold and 2. If you are the highest accepted bidder when the gavel falls the photographs and plans are for identifi cation only. As a you are under a binding contract to purchase a property. potential purchaser you will know there is no substitute for An MS Auction team member will give you a purchaser’s your own research. Where we are aware of any changes before card. the auction these will be listed on the website under The 3. Write your name and address as the bidder; details of the Addendum. buyer if this is different and the name and address of the Inspect solicitor who is acting for the buyer. This information is The property: You must inspect the building inside and outside. used to complete the memorandum of sale, printed in the You may need professional advice to survey the condition of the back of the catalogue. building and the boundaries. Talk to the tenant of the property 4. At this point we ask for a deposit cheque for 10% of the if there is one and also to neighbouring occupiers; you can purchase price drawn on a UK clearing bank and payable learn a lot from others. As most of the properties are occupied, to the seller’s solicitor unless the Special Conditions of viewings must be arranged through us. Sale mention something else. The cheque is specially Double Check cleared as soon as possible so please ensure you have Sometimes properties are sold or withdrawn prior to auction adequate funds in your account. We do not accept cash. or information with which we have been supplied requires 5. At the same time you will be asked for two original forms updating as the marketing period progresses. This may of identifi cation to meet the Money Laundering Regulations include the information in the catalogue as well as the legal 2007 (Further information can be obtained by viewing the documentation. The seller may also wish to change the core guidance notes on the OFT website). guide price in response to interest generated by the auction marketing. We publicise these changes on our website as well 6. On completion we will guide you to our contract table as in The Addendum which is available on the auction day. The to sign the memorandum of sale and any other relevant Addendum is part of the contract of sale and therefore you documents. We will give you copies of the signed must make sure you have checked on the website beforehand documents which you should give to your solicitor. and obtain a copy at the auction. Sometimes we are informed 7. A charge of £500 plus VAT must be paid by the buyer (or of changes at the last moment and therefore please make sure sucessful bidder) of each lot, at the same time as, and in you arrive early to hear any pre-sale announcements by the addition to the deposit. If this charge is not paid separately, auctioneer. it will be deducted from the amount of monies received Can’t make the Auction before the balance is applied to the contractual deposit. Making an offer prior to auction: All offers to purchase prior to If the purchaser fails to complete no refund will be given, auction should be made to the relevant Auction Offi ce. Please whether prior, during or post auction. note some sellers will not or cannot sell prior. 8. VAT may be charged on the purchase price. Please read All offers to buy before or after the auction are accepted by the the Special Conditions of Sale relevant to the lot you are seller on the basis of the following conditions unless stated to bidding for prior to auction. the contrary. Offers are accepted (a) subject to contract, (b) 9. If you are a successful buyer, you will need to immediately subject to the lot remaining fully available to other applicants for put in place insurance for the property, except possibly on viewing, (c) subject to the vendor’s rights to consider any other leasehold properties. offers at any time (d) subject to any change in circumstances and (e) subject to the lot being offered at the relevant auction unless contracts have exchanged beforehand.

2 OFFICE LOCATION

109 Viglen House Alperton Lane London HA0 1HD Phone: 0208 998 8464 0208 997 5878 Email: [email protected] Web: www.msauctions.co.uk

AUCTION VENUE

Radisson Blu Portman Hotel London 22 Portman Square, London W1H 7BG

Nearest Tube Station: Marble Arch/Bond Street Wednesday 2nd April 2014 Starting 12 noon

THE AUCTION TEAM

Amjad Sabir Raja Masooma Asim Managing Director Auction Administrator [email protected] [email protected]

Edward Swindells Bsc (Dip Surv) Samra Ali Khan Director and Auctioneer Accounts Manager [email protected] [email protected]

Shad Azad Fazeelah Ahsan Director Finance Manager [email protected] [email protected]

Tina Waterfall London and Regional Auction Manager [email protected]

3 LOT ORDER AND GUIDE PRICES

Lot 1 20 Golfe Road, Ilford, Essex, London IG1 1SU £240,000 Lot 2 69 Connaught Road, Luton, Bedfordshire LU4 8ER £115,000 plus Lot 3 11 Holland Lodge, Grange Avenue, Ribbleton, Preston, PR2 6PG £20,000 Lot 4 Flat 27, Riversdale House, Northumberland, Stakeford, Choppington NE62 5LG £15,000 Lot 5 269 St Albans Road, Watford, Hertfordshire WD24 5BJ £225,000 plus Lot 6 Flat A, 269 St Albans Road, Watford WD24 5BJ Flat A £120,000 Lot 7 Flat C, 269 St Albans Road, Watford WD24 5BJ Flat C £140,000 Lot 8 5 Weavers Brook, Cumberland Close, Halifax, West Yorkshire HX2 8NF £30,000 plus Lot 9 & 9a Plots of Land in Keston £6,000 plus each Lot 10 18 Chestnut Grove, Ballinamallard, Co Fermanagh BT94 2AW £110,000 Lot 10a 66–68 Station Road, Lancashire, FY4 1EU 150,000 plus Lot 11 117 Princes Avenue, Kingston upon Hull HU5 3JL £180,000–£200,000 Lot 12 Flat 17 Heversham House, Ilderton Road, Peckham, London SE15 1EJ £160,000 Lot 13 47 Piquet Road, Anerly, Crystal Palace, London SE20 7XY £450,000 plus Lot 14 167–167a Rice Lane, , Merseyside L9 1AF £80,000–£90,000 Lot 15 1066a London Road, Thornton Heath, Surrey CR7 7ND £360,000 Lot 15a 74 Peel House Lane, Widnes WA8 6TQ £100,000 Lot 16 20–22 Birley Street, Blackpool, Lancashire FY1 1DU £900,000 plus Lot 17 25 King Street, Whitehaven, Cumbria CA28 7JN £200,000 Lot 18 Apartment 32 Beech Rise, Roughwood Drive, Liverpool L33 8QY £30,000–£35,000 Lot 19 48–52 Blackburn Road, Accrington, Lancashire BB5 1LE £250,000 plus Lot 20 86 Central Drive & 1A Reads Avenue, Blackpool, Lancashire FY1 5QD £150,000–£180,000 Lot 21 3 Watermeadow Grove, Hanley, Stoke-On-Trent ST1 5GJ £95,000 plus Lot 22 40 Malvern, Coleman Street, Southend on Sea, Essex SS2 5AB £55,000 Lot 23 93 High Street, Wealdstone, Harrow, London HA3 5DL Guide Price Refer Lot 23a 93a High Street, Wealdstone, Harrow, London HA3 5DL £170,000 plus Lot 24 51 Alltiago Road, Pontraddulais, Swansea, West Glamorgan SA4 8HU £85,000 Lot 25 11 Osborne Road, Egham, Surrey TW20 9RN £750,000 Lot 26 1 Ascension Mews, Firth Crescent, Maltby, Rotherham, South Yorkshire S66 7FL £40,000 Lot 27 97 North Street, , Essex RM1 1EU £450,000 Lot 28 14 Susan Road, Blackheath, London SE3 0JD £150,000 plus Lot 29 26 Woodcote Close, Dogsthorpe, Peterborough, Cambridgeshire PE1 3RP £90,000 Lot 30 97 Barnsley Road, Wath-upon-Dearne, Rotherham, South Yorkshire S63 6DN £125,000 Lot 31 18 Murroch Avenue, Scotland G82 3DP £17,000 plus Lot 32 183‐185 Cleethorpes Road and 2A Nacton Street, Grimsby, Lincolnshire DN31 3BE £75,000 Lot 33 Kings Croft, 16 High Street, Spaldwick, Cambridgeshire PE28 0TD £500,000 plus Lot 34 1 Hawthorne Grove, Southport, Merseyside PR9 7AA £85,000 Lot 35 71a Victoria Road, Scarborough, North Yorkshire YO11 1SH £38,000 plus Lot 36 Land at 289 Oilmills Road, Ramsey Mereside, Huntingdon, Cambridgeshire PE26 2TT £40,000 plus

4 AUCTION INFORMATION

Auction Enquiries For all enquiries about any of the properties within the catalogue, bidding at auction or to submit a property into our next auction on Wednesday 2nd April 2014, please telephone 0208 998 8464.

Guide Prices To obtain up to date Lot guide prices, simply visit www.msauctions.co.uk. Or obtain the list from www.eigroup.co.uk

Legal Packs The auctioneers would advise anyone wishing to bid at the auction to read the legal documentation fi rst. This is available to download from www.msauctions.co.uk. Alternatively please telephone the auction team on 0208 998 8464 who will arrange to send you a copy of the legal pack.

Remote bidding If you are unable to attend the auction we will be pleased to arrange for you to be able to bid in a number of ways. These ways include proxy bidding (by paper bid to the auctioneer), telephone bidding (with a member of the auction tem) or internet bidding through our live system on www.eigroup.co.uk Please note that in order to bid over the internet you must be pre-registered as a proxy bidder.

You will be required to fi ll out and sign the remote bidding form printed in the catalogue and special conditions and sale of memorandum. We will also require a signed cheque for your intended 10% deposit should you be the successful bidder. Your remote bidding request will only be completed once you have been informed by a member of the auction team that this has been actioned.

For further enquiries please call the offi ce or email [email protected]

For information directly from the auctioneers please contact: Amjad Raja Offi ce: 0208 998 5878 Mobile: 07973 828053 Email: [email protected]

Edward Swindells Offi ce: 0208 601 7181 Mobile: 07971 033276 Email: [email protected]

Tina Waterfall Offi ce: 0208 601 7181 Mobile: 07889 721113 Email:[email protected]

To follow the auction live on the internet Please visit www.msauctions.co.uk and you will be able to see details of the lots currently being offered and watch the bidding as it happens. You can bid using the internet subject to prior registration as above.

Auction Results To obtain the result of the auctions simply visit www.msauctions.co.uk

5 Guide Price: £240,000 Lot 1 FREEHOLD RESIDENTIAL 20 Golfe Road, Ilford, Essex, London IG1 1SU

Description A four Bedroom Mid Terraced property situated in a popular residential area of Essex, close by to the landscaped South Park Attraction. Accommodation Entrance Hall, 2 Reception Rooms, Kitchen, 4 bedrooms, Bathroom/ W.C, Rear Garden. Location This property is ideally located in the popular residential area of Ilford. The house benefits from being opposite a primary school and a short distance walk away from the landscaped South Park Attraction. The property has good transport links as the nearest Tube stations are Seven Kings and Ilford station which are under a mile away. Tenure Freehold Tenancy Currently tenanted. Please refer to Auctioneer. Local Authority London Borough of Redbridge, Town Hall, 128–142 High Road, Ilford IG1 1DD Tel: 020 8554 5000 Viewings MS Auctions – Tel: 0208 9988464

Guide Price: £115,000 plus Lot 2 FREEHOLD RESIDENTIAL 69 Connaught Road, Luton, Bedfordshire LU4 8ER

Description This property is a Two bedroom modern terraced home with triple garages located in the Kingsway area of Luton. Accommodation Entrance Hall, Lounge, Kitchen/Breakfast Room, Two Bedrooms and Bathroom. Front Garden and Rear Garden, Triple Garage to the Rear. Location The property is located within Kingsway and is walking Distance to the town centre. Luton itself boasts Good transport links with junctions 10 and 11 off the M1 motor way, Three mainline train stations and an international airport. Tenure Freehold Local Authority Luton Borough Council, Town Hall, George Street, Luton, Bedfordshire LU1 2BQ Viewings MS Auctions – Tel: 0208 9988464 N.B. The property is to be sold with one garage to the rear. The remaining two garages are available by separate negotiations with the auctioneers.

6 Guide Price: £20,000Lot 3 LEASEHOLD FLAT 11 Holland Lodge, Grange Avenue, Ribbleton, Preston, Lancashire PR2 6PG Description This one bedroom second floor apartment is located at Holland Lodge, Grange Avenue, Preston. Accommodation The flats itself comprises: Lounge, Kitchen, Bedroom, Bathroom. Communal gardens and parking. Location The property is centrally located in Grange Avenue. Local bus services and amenities are available close by. Access to the M6 is also nearby. Recreational facilities can be found at Grange Park and Brookfield Park both under ten minutes’ drive away. Tenure Leasehold Tenancy Currently let on an AST of £4,800pa. Local Authority Preston City Council, Town Hall, Preston, PR1 2RL Telephone: 01772 906 900 [email protected] Viewings MS Auctions – 0208 9988464

Guide Price: £15,000Lot 4 LEASEHOLD APARTMENT Flat 27, Riversdale House, Northumberland, Stakeford, Choppington NE62 5LG Description A leasehold third floor purpose built self-contained flat Accommodation One bedroom, reception room, kitchen, bathroom/WC Location The property is situated off Stakeford Ln within Riversdale House. Pegswood Railway station is located under 5 miles away and there is also a network of bus services. A196 is accessible close by which shopping amenities to be found at Ashington. Local Authority Northumberland County Council, County Hall, Morpeth, NE61 2EF. Tel: 0845 600 6400 Viewings MS Auctions – 0208 9988464

7 Guide Price: £225,000 plus Lot 5 FREEHOLD COMMERCIAL INVESTMENT 269 St Albans Road, Watford, Hertfordshire WD24 5BJ

Description The property comprises of a mid-terrace ground floor retail unit previously rented at £16,200 p.a, situated in a prominent location in the Town Centre of Watford. Vacant possession upon completion. Accommodation Net Retail area is approximately 1,051 sq. ft. Tenure Freehold Tenancy The property is Vacant at the moment. Previously rented at £16,200 p.a. Location The premises are prominently positioned within a busy parade of shops on a corner plot on the St Albans Road (A412), in the town centre of Watford. Nearest public transport includes Watford and Croxley underground stations and Watford North railways station. Local Authority Watford Borough Council, Hempstead Road, Town Hall, Watford, Hertfordshire WD17 3EX Tel: 01923 226400 Viewings MS Auctions – Tel: 0208 9988464

Guide Price: £120,000 Lot 6 FREEHOLD RESIDENTIAL Guide Price: £140,000 Lot 7 Flat A & Flat C, 269 St Albans Road, Watford WD24 5BJ

Description The property comprises of Three Apartments on the first and second floor positioned in a prominent location in the Town Centre of Watford. The Flats may be offered separately subject to the auctioneer’s approval. Accommodation First Floor Flat A – One Bedroom, Kitchen and Bathroom. Second Floor Flat C – Two Bedrooms, Lounge/ Kitchen, Bathroom. All the Apartments benefit from double glazing and Gas central heating.

Location Viewings The premises are prominently positioned in the Town centre of MS Auctions – Tel: 0208 9988464 Watford. Nearest public transport includes Watford Junction and Croxley underground stations and Watford North railways station. Within easy access to shops, schools and other local amenities. Tenure Freehold Tenancy Flat A – Currently achieving a rental Income of £7,800 p.a. Flat C – Currently achieving a rental Income of £9,750 p.a. Total Income produced: £17,550 p.a. Local Authority Watford Borough Council, Hempstead Road, Town Hall, Watford, Hertfordshire WD17 3EX Tel: 01923 226400

8 Guide Price: £30,000 plus Lot 8 LEASEHOLD 5 Weavers Brook, Cumberland Close, Halifax, West Yorkshire HX2 8NF Description The property is a long leasehold ground floor purpose built flat. Reserve set below £35,000 Accommodation Two Bedrooms, Reception room, Kitchen, Bathroom/WC. N.B. The Auctioneers have not been able to internally inspect the property at the time of printing. Location The property is located between Bank Edge Road and Cousin Lane. Nearest public transport is Halifax railway station. Recreational facilities can be found at Ovenden Park. Shopping amenities are at Market Street. Tenure Leasehold Lease Held on a long lease for a term of 999 years from 28/04/2006. Local Authority Calderdale Metropolitan Borough Council, Roils Head Road, Halifax, West Riding of Yorkshire HX2 0NQ Tel: 01422 361165 Viewings MS Auctions – Telephone 0208 9988464 Note We have been advised by the Vendor that the property has recently been refurbished and that the estimated local housing allowance rents are approximately £425 per month, £5,100 p.a. Buyers must rely on their own enquiries in this regard.

Guide Price: £6,000 plus eachLot 9 FREEHOLD INVESTMENT & 9a Plots of Land in Keston

The Site Description Freehold agriculture plots of land totals 400 m2 and is available as a whole or in two Lots as 220 m2 and 180 m2 respectively. The site runs adjacent to Keston Fruit Farm Cottages. The land is directly opposite to a Horse Shelter & storage shelter. The land is in a good condition and is well fenced making it prime grazing land in a very popular area of Keston with the benefit of easy access to the open Forest. Lot 9 – Plot 1 is approximately 0.0543 acres Lot 9a – Plot 2 is approximately 0.0445 acres Location The land is located within a conservation area and will be of interest to those parties interested in the farm and for agricultural use. There is a track and shared vehicular access ¼ mile from Blackness Lane just off Church Road, the land has separate gated access which then runs alongside the Farm’s boundary and leads to the land. The land holds a position enjoying views across surrounding countryside, excellent road links, local shops and amenities in Keston. Tenure Freehold Local Authority London Borough of Bromley, Civic Centre, Stockwell Close, Bromley BR1 3UH Telephone: 020 8464 3333 Viewings MS Auctions – Telephone: 0208 9988464

9 )LQDQFH WKDWZRQ·WFRVW\RXWKHVKLUWRII \RXUEDFN «)DVW DMI Finance is an independent Mortgage Brokerage which specialises in arranging finance within an AUCTION timescale. We can arrange funding on ALL types of property including: Buy-to-Let, Shops, Offices, HMO’s, Pubs, Land, Developments, and Non-standard construction houses and flats. Please call us now to discuss your specific requirements. Tel: 01249 652 939

DMI Finance, PO Box 3257, Chippenham, SN15 9DH Tel: 01249 652 939 Fax: 01249 655 788 E-mail: info@dmifinance.com www.dmifinance.com

10 Guide Price: £110,000 Lot 10 FREEHOLD RESIDENTIAL 18 Chestnut Grove, Ballinamallard, Co Fermanagh BT94 2AW Description A spacious 4 Bedroom Detached Property Situated in a Quiet Cul-de- sac Location. Accommodation This family home offers 2 Reception Rooms, Kitchen, 4 Bedrooms, 2 Bathrooms, Oil Fired Central Heating, Double Glazed Windows, Front & Rear Garden, and a Garage. The property is in need of refurbishment. Location This property is located in a private residential development and lies in close proximity to Ballinamallard village which offers all local amenities. The property also benefits from being walking distance to Ballinamallard primary school. Nearby public transport includes Translink Ulsterbus which provides a regular bus services to and from major towns, villages and airports in Ireland. Tenure Freehold Tenancy Vacant Local Authority Fermanagh District Council, 2 Townhall St, Enniskillen, Fermanagh, Northern Ireland. Tel: 028 6632 5050 Viewings MS Auctions – Tel: 0208 9988464

FREEHOLD FORMER GUEST HOUSE WITH PLANNING Guide Price: 150,000 plus Lot 10a PERMISSION 66–68 Station Road, Lancashire, Blackpool FY4 1EU

Description A detached double fronted Former Guest House arranged over lower ground, ground, first and second floors with planning permission for six two bedroom self-contained flats with associated car parking. Needs refurbishment. Vacant possession upon completion. Accommodation Lower Ground Floor: Self-Contained flat comprising of two rooms, kitchen and Bathroom/WC. Ground Floor: Four rooms with En-suite Shower room/WC, Two further rooms, Conservatory, Entrance Hall. First Floor: Further Rooms Second Floor: Further Rooms With an external forecourt to the front with a yard area to the rear with ample of off road parking. Planning The property has been granted with planning permission dated 24th July 2013 (Application No. 13/03200), for ‘external alterations involving demolition of a single storey rear extension and use of premises as a six self-contained flats with associated car parking, refuse and cycle store to the rear’. Upon completion of the approved works, the property will provide 6 × Two Bedroom Flats. Location Tenure The property is situated on the north of Station Road which is located Freehold off The Promenade (A584) and close to the South Pier. Station Road Local Authority lies to the South of the famous Lancashire Resort of Blackpool with its Blackpool Borough Council, Municipal Buildings, Corporation Street, extensive amenities, South Pier and Pleasure Park all being situated Blackpool, Lancashire FY1 1NF within walking distance. Public transport includes rail services that run Tel: 01253 476206 from Blackpool South Station and Blackpool International Airport is also accessible to the south. The A584, A5073 and M55 Motorway Viewings are nearby. MS Auctions – Tel: 0208 9988464

11 Guide Price: £180,000–£200,000 Lot 11 FREEHOLD INVESTMENT WITH HMO LICENCE 117 Princes Avenue, Kingston upon Hull HU5 3JL

Description This fully HMO licensed Victorian property offers 9 bedrooms with planning permission for further development. The property has a potential for rental income of £39,520 per annum. Accommodation Ground Floor Room 1 with en-suite, Room 2, Room 3, Large Communal Living room, Large Communal Kitchen, Separate Utility Area. First Floor Room 4 with en-suite, Room 5 with en-suite, Room 6, Room 7, Room 8, Bathroom × Two. Second Floor: Room 9 with en-suite. Location This property is situated in an ideal location very close by to the landscaped Pearson Park and the University of Hull which is only a 5 minute drive away. The property is also close by to a private prep school and is located only 5 minutes away from Princes Quay Tenancy Shopping centre which offers a range of local amenities. Nearby transport links include Hull railway station which offers daily transport Room Per Annum services to London, Leeds, , Doncaster & Sheffi eld. 1 with en-suite £5200 2 £3900 Tenure 3 Currently Vacant Previously Achieved £3380 Freehold 4 with en-suite £5200 Local Authority 5 with en-suite £5720 6 £3380 Kingston upon Hull City Council, Laxthorpe, Kingston upon Hull, Hull, 7 £3380 North Humberside HU6 9EG Tel: 01482 854632 8 £3640 Viewings 9 with en-suite Currently Vacant Previously Achieved £5720 MS Auctions – Tel: 0208 9988464 Current Income £30,420 Potential Income £39,520

AUCTION DEPOSITS Deposits, which are payable on the fall of the hammer, are 10% of the purchase price (or £3,000, whichever is the greater). Buyers should arrange to bring either a bankers draft/counter cheque or a building society draft. A £20 fee will be charged upon acceptance of any personal or company cheque to cover the bank charges for special clearance. All cheques/drafts should be made payable to ‘MS Auctions’ unless stated in the Special Conditions of Sale. Buyers may pay deposits by either Visa or Maestro debit cards (not credit cards). Transactions must be in person and cannot be accepted over the telephone. Cleared funds must be available in the account and PIN numbers and a series of security questions, including password, will be required to complete the transaction. Buyers should note that cash will not be accepted for deposit payments, under any circumstances, although the administration fee of £600 may be paid as cash separately to the main deposit. We have a primary duty to our clients (the sellers) and reserve the right to immediately re-offer any lot if the deposit conditions are not strictly adhered to in accordance with our conditions of sale. Additional information for buyers available from www.msauctions.co.uk

12 Guide Price: £160,000 Lot 12 LEASEHOLD RESIDENTIAL Flat 17 Heversham House, Ilderton Road, Peckham, London SE15 1EJ Description A Long lease fifth floor purpose built Apartment with lift, currently let achieving £12,480 p.a Accommodation Two bedrooms, Modern fully fitted kitchen, Large open plan reception room, Bathroom, Gas central heating and lift. Location Located at the junction of Old Kent Road on Ilderton Road. Public transport includes Queens Road (Peckham) and South Bermondsey railway stations and New Cross Gate underground station. Shopping amenities are nearby at Old Kent Road. Recreational facilities can be found locally. Tenure Leasehold. Held on a Lease for a term of 125 years from 9/08/2004 at a ground rent of £10 p.a. Tenancy Let on an A.S.T for 12 months from 8/08/2012 at a rent of £1,040 per month (Holding over) Total Rent reserved £12,480 p.a. Local Authority Southwark Council, 160 Tooley Street, London SE1 2TZ Tel: 0207 525 5000 Viewings MS Auctions – Tel: 0208 9988464

Guide Price: £450,000 plus Lot 13 FREEHOLD RESIDENTIAL 47 Piquet Road, Anerly, Crystal Palace, London SE20 7XY

Description This Spacious Mid Terraced Three Storey Property is situated in the popular residential area of Anerly. The property offers, 5 bedrooms, Enclosed rear garden and is in close proximity to South Norwood Country Park and Birbeck Station. Accommodation Entrance Hall, 2 Reception Rooms (One with a Garden entrance, one leading on to kitchen), Kitchen, 5 Bedrooms, Two with en-suite, Two Family Bathrooms, Enclosed Rear Garden. Location This property is situated close to South Norwood Country Park, Birbeck Station and the A23 London Road. The property is only 4 miles away from Bromley Town Centre which offers all local amenities. Tenure Freehold Tenancy Vacant possession upon completion Local Authority London Borough of Bromley, Civic Centre, Stockwell Close, Bromley BR1 3UH Tel: 020 8464 3333 Viewings MS Auctions – Tel: 0208 9988464

13 FREEHOLD INVESTMENT WITH PLANNING Guide Price: £80,000–£90,000 Lot 14 PERMISSION 167–167a Rice Lane, Liverpool, Merseyside L9 1AF

Description The property is positioned at a prominent corner location comprising of a ground fl oor retail unit along with a fi rst fl oor self-contained apartment. With planning permission for the use of the ground fl oor unit into two self-contained fl ats. The Retail unit is Vacant and fl at is currently let achieving £3,900 p.a Accommodation Ground Floor Retail Unit Two Offi ce spaces and four storage units. First Floor self-contained fl at Three Bedrooms, Reception room, Kitchen, Bathroom/WC

Planning Tenure Planning permission has been granted by Liverpool City Council on Freehold the 12/12/2013 (Ref: 13F/2509) for the alteration on the external appearance of the premises in connection with conversion of the Tenancy ground fl oor to provide two self-contained fl ats as follows: The Ground fl oor Retail unit is currently Vacant. Open Plan Reception room/ Kitchen, Bedroom, Bathroom/WC. The fi rst fl oor fl at is let on an A.S.T from 5/04/2011 circa £3,900 p.a. Note Local Authority The fi rst fl oor fl at has a potential to convert into two self-contained Liverpool City Council, Planning Municipal Building, Dale Street, fl ats subject to obtaining the necessary consents. We have been Liverpool L2 2DH advised that after the conversion of the Ground fl oor the approximate Tel: 0151 233 3021 income will be £1,300 per month, £15,600 p.a. from four fl ats. Viewings Prospective buyers must rely on their own enquiries from the Liverpool MS Auctions – Tel: 0208 9988464 City Council. Location Located at the junction of Rice Lane and Grey Road with a parade of shops and amenities available nearby at Rice Lane. Public transport includes Walton (Merseyside) and Rice Lane railway stations. Recreational facilities can be found locally at Walton Hall Park.

CONTRACT CHARGE An administration fee of £600, including VAT, is payable at the same time as the contractual deposit on each lot purchased. In the event of non-payment, a deduction of £600 will be made from the amount received before the balance is applied to the deposit. A VAT receipt will be issued in the name of the buyer. Additional information for buyers available from www.msauctions.co.uk

14 Guide Price: £360,000 Lot 15 FREEHOLD INVESTMENT 1066a London Road, Thornton Heath, Surrey CR7 7ND

Description An opportunity to purchase this freehold maisonette building comprising a lock up retail unit on the ground floor and a spacious Three Bedroom and Two reception maisonette situated on the first floor. Accommodation The Three Bedroom maisonette flat is arranged over two floors and benefits from 2 spacious double bedrooms, single bedroom, modern fully tiled bathroom, large kitchen/dinner and 2 large reception rooms. Entrance and a Garage to the rear. Location This semi-detached house is located within walking distance to Norbury Station. Nearest train stations include Thornton Heath, Selhurst and West Croydon stations. All shopping amenities and recreational facilities can be found in the Croydon Town Centre. Tenure Freehold Tenancy Ground Floor shop currently let at £10,800 per annum. Rear Garage rented out at £12,000 per annum. Maisonette is vacant upon completion. Local Authority Croydon Council, Taberner House, Park Lane, Croydon CR9 3JS Tel: 020 8726 6000 Viewings MS Auctions – Tel: 0208 9988464

Guide Price: £100,000 Lot 15a FREEHOLD RESIDENTIAL 74 Peel House Lane, Widnes WA8 6TQ

Description This property is a five bedroom end of terrace house situated in a central location of Widnes. Recently refurbished with off street parking to the rear of the property. Currently achieving a rental Income of £7,020 per annum. Accommodation Two Reception rooms, spacious five bedrooms, two bathrooms and Kitchen. Off street parking to the rear of the property. Planning Lapsed planning permission for two flats – 1 bed ground floor & 2 bed first floor. Planning Application Number: 07/00259/COU dated 10th of April 2007. Location Viewings MS Auctions – Tel: 0208 9988464 Walking distance from town centre and schools the property is situated in the centre of Widnes. Public transport includes Widnes train stations and local bus services. Shopping amenities can be found in the Widnes Town Centre and recreational facilities at Victoria Park. Tenure Freehold Tenancy Currently let on an A.S.T achieving a Rental Income of £7,020 p.a. But has a potential achievable Income of £8,400 p.a. Local Authority Halton Borough Council, Municipal Building, Kingsway, Widnes, Cheshire WA8 7QF. Telephone: 0303 333 4300

15 Guide Price: £900,000 plus Lot 16 FREEHOLD COMMERCIAL INVESTMENT 20–22 Birley Street, Blackpool, Lancashire FY1 1DU

Description An investment opportunity to purchase freehold property positioned on a Pedestrian Promenade in the Town Centre of Blackpool. Currently let to the only branch of HSBC Bank in Blackpool producing rentable income of £60,000 p.a Tenure Leasehold Tenancy Producing Rental Income of £60,000 per annum. 15 years Lease from 6th August 2007. Last rent review was held in August 2012. With an option to extend the lease for another 15 years. Location The property is situated in the Pedestrian Promenade sought after location of Blackpool City centre. With all shopping amenities and recreational facilities present around the neighbourhood. Blackpool North is the nearest Train station. Local Authority Blackpool Borough Council, Municipal Buildings, Corporation Street, Blackpool, Lancashire FY1 1NF Tel: 01253 477477 Viewings MS Auctions – Tel: 0208 9988464

LEGAL DOCUMENTATION All legal documentation supplied to us, including Special Conditions of Sale, title details, leases, searches, planning permissions and plans will be available for inspection prior to sales. Click onto www.msauctions.co.uk to view online and download legal documentation direct to your own computer 24/7, saving time and money. The Common Auction Conditions, Special Conditions of Sale and Energy Performance Certifi cate(s) are available online free of charge (registration required) and all other legal documentation is available subject to registrationand charges of £15 per lot, or £125 per annum for unlimited downloads. Legal documents are also available by post (upon pre-payment of the appropriate copy charges) or inspection at the auctioneer’s offi ce (by prior arrangement) or in the auction room before each Sale. Prospective bidders are strongly advised to inspect the legal documentation and to consult a legal adviser for independent advice prior to bidding. Additional information for buyers available from www.msauctions.co.uk

16 Guide Price: £200,000 Lot 17 FREEHOLD COMMERCIAL 25 King Street, Whitehaven, Cumbria CA28 7JN

Description A double fronted mid terraced building comprising of three floors arranged as Ground floor shop with Basement plus internal access to Ancillary Accommodation on the First floor and Office/Storage on the Second floor. Accommodation Ground Floor Shop Gross Frontage 19'8" Internal Width 19'3" Built Depth 41'8" Ground Floor Area Approx 715 sq.ft. Basement Area Approx 470 sq.ft. First floor Ancillary Area Approx 510 sq.ft. Second Floor Office/Storage/WC area Approx 370 sq.ft. Total Area Approx 2,065 sq.ft. N.B. The auctioneers have not been able to inspect the property at the time of printing. Tenancy The entire property is let on FRI lease to Instant Cash Loans Ltd T/A Local Authority Money Shop for a term of 10 years from 28th February 2013 at a Copeland Borough Council, The Copeland Centre, Catherine Street, current rent of £23,500 p.a. exclusive. Whitehaven, Cumbria CA28 7SJ Tel: 0845 054 8600 Location Viewings Whitehaven is located on the west coast of Cumbria approximately 9 MS Auctions – Tel: 0208 9988464 miles from Workington and 44 miles from access to M6. The property itself is located in a prime retail location with retail facilities of Boots, Note Dorothy Perkins, Greggs and Costa Coffee. The VAT (Value Added Tax) is applicable for this lot.

Guide Price: £30,000–£35,000 Lot 18 FREEHOLD COMMERCIAL Apartment 32 Beech Rise, Roughwood Drive, Liverpool L33 8QY Description A long Leasehold fifth/sixth floor purpose built maisonette currently achieving a rentable income of £6,000 per annum Reserve set below £40,000 Accommodation Three rooms, kitchen, bathroom/WC Outside Allocated Parking Property also benefits from a gymnasium N.B. The auctioneers have not been able to inspect the property at the time of printing Tenancy Let at £5,200 p.a. from 10–06–13 for 6 months. At renewal the rent will be about £500 p.m. (£6,000 p.a.) N.B. A six weeks completion is available. Vacant possession upon completion CAN be arranged should the purchaser wish.

Lease Viewings Held on a lease for a term of 125 years from 10/02/2005 at a ground MS Auctions – Tel: 0208 9988464 rent of £75 p.a. Location The property is situated on Roughwood Drive which can be accessed by County Road (A506) to the west. Shopping amenities can be found locally and at Liverpool City Centre as well. Public transport includes local bus routes and Kirkby Rail station is located only 1.1 miles away. Local Authority Waltham Forest Council, Waltham Forest Town Hall, 701 Forest Rd, Walthamstow, Greater London E17 4JF Tel: 020 8496 3000

17 Guide Price: £250,000 plus Lot 19 FREEHOLD RETAIL/OFFICE INVESTMENT 48–52 Blackburn Road, Accrington, Lancashire BB5 1LE

Description Three storey property with retail unit to the ground fl oor and self-contained offi ces to the upper fl oors. Previously rented at £30,500 p.a. to Former Halifax Building Society. Since then the offi ces were previously occupied by Solicitors and the shop was occupied by Pound shop retailers. Rear enclosed yard with potential for car parking subject to gaining the necessary consents. Vacant possession upon completion. Accommodation Ground Floor Retail Unit: 1,245 sq ft Kitchen: 59 sq ft Disabled/Gents/Ladies Toilets. Offi ce/Reception: 384 sq ft First Floor Offi ces: 856 sq ft Centre. Accrington is located Second Floor between Blackburn and Burnley Offi ces: 817 sq ft convenient for Junction 7 Cellar of the and Three Rooms plus Boiler House. approximately 14 miles east of Tenure Preston. Freehold Local Authority Tenancy Hyndburn Borough Council, Scaitcliffe House, Ormerod Ground fl oor retail area previously rented at £15,000 p.a Street, Accrington, Lancashire Offi ces previously rented at £15,500 p.a BB5 0PF Sold with vacant possession. Tel: 01254 388 111 Location Viewings Situated within Accrington town centre close to the Town Hall, MS Auctions – Tel: 0208 Covered Market and immediately in front of the Arndale Shopping 9988464

OFFERS Offers must be submitted to us in writing and will only be considered if the lot has been viewed and the legal documentation inspected. Pre-auction bids are accepted subject to contract on the basis of an immediate exchange of auction contracts upon acceptance by the seller, with the buyer providing a full 10% deposit and the administration fee. Any offer will be assumed to be your best and fi nal offer and we cannot guarantee that you will be invited to increase your bid in the event of a subsequent bid being received that is preferred by the seller prior to exchange. Our clients have agreed that only pre-auction offers substantially above the top guide price will be submitted for their consideration. Additional information for buyers available from www.msauctions.co.uk

18 Guide Price: £150,000–£180,000 Lot 20 FREEHOLD INVESTMENT 86 Central Drive & 1A Reads Avenue, Blackpool, Lancashire FY1 5QD Description An investment opportunity to purchase this freehold ground floor Retail unit trading as Central Furniture and four self-contained Apartments on the first and second floor. With a total rental Income produced: £18,656per annum. Accommodation Ground Floor Retail Unit approximately 1,073 sq.ft. Kitchen, Store, W.C approximately 90 sq.ft First Floor Flat 1: Lounge, Kitchen, One Bedroom, Bathroom Flat 2: Lounge, Kitchen, Two Bedrooms, Bathroom Second Floor Flat 3: Lounge, Kitchen, One Bedroom, Bathroom Flat 4: Lounge, Kitchen, One Bedroom, Bathroom Cellar Flat 4 is currently rented at approximately £2,808 Location p.a. The property is prominently situated on the corner location of Central Total rental Income produced approximately: Drive and Reads Avenue in the heart of Blackpool Town Centre. £18,656 Shopping amenities and all local bus routes run through the city from Local Authority the Town Centre. Blackpool is linked to the via the M55 Blackpool Borough Council, Municipal Buildings, motorway. Corporation Street, Blackpool, Lancashire FY1 1NF Tenure Tel: 01253 477477 Freehold Viewings Tenancy MS Auctions – Tel: 0208 9988464 Ground floor Retail Unit is achieving a rental Income of £5,000 p.a. Flat 1 is currently rented at approximately £2,880 p.a. Flat 2 is currently rented at approximately £3,840 p.a. Flat 3 is currently rented at approximately £4,128 p.a.

Guide Price: £95,000 plus Lot 21 MID MEWS FREEHOLD 3 Watermeadow Grove, Hanley, Stoke-On-Trent ST1 5GJ

Description A Two Bedroom Mid-Town house Property with a Rear Garden Situated on a Modern Residential Estate. Accommodation Ground Floor: Entrance Hall, Lounge, WC, Kitchen/Diner, Double Glazing, Gas Central Heating. First Floor: Two Bedroom’s, Bathroom Outside: Off road parking. Rear Garden. Location This property is situated within a contemporary housing estate in Etruria. The property offers easy access to Staffordshire University, Stoke on Trent City Centre and Newcastle-Under-Lyme market towns. The property also benefits from having ideal commuter links to the A500, M6, A34, A53 and Stoke on Trent station which is only a 5 minute drive away. Tenure Freehold Tenancy Vacant upon completion Local Authority Stoke-on-Trent City Council, Civic Centre, Glebe Street, Stoke-on- Trent, ST4 1HH Tel: 01782 234 234 Viewings MS Auctions – Tel: 0208 9988464

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 20 Guide Price: £55,000 Lot 22 LEASEHOLD APARTMENT 40 Malvern, Coleman Street, Southend on Sea, Essex SS2 5AB Description An ideal opportunity to purchase this long leasehold 6th Floor purpose built flat. Currently achieving rentable income of £5,700 per annum Reserve set below £65,000 Accommodation Two bedrooms, reception room, kitchen, bathroom/WC, balcony Location Situated at the junction with Sutton Road. Public transport includes Southend Victoria railway station. Shopping amenities are at The Victoria Shopping Centre. Recreation facilities can be found locally. Tenure Leasehold. Held on a lease for a term of 125 years from 10/08/1987 at a ground rent of £10 per annum. Tenancy Let on an assured short hold tenancy from 15/05/2009 at a rent of £475 per month. Local Council Southend-on-Sea Borough Council, Civic Centre, Victoria Avenue, Southend-on-Sea, Essex SS2 6ER, Tel: 01702 215000 Viewings MS Auctions – Tel: 0208 9988464

Guide Price Refer Lot 23 FREEHOLD COMMERCIAL INVESTMENT Guide Price: £170,000 plus Lot 23a 93 & 93a High Street, Wealdstone, Harrow, London HA3 5DL Description This commercial investment opportunity comprises of two ground floor retail units situated within the heart of Wealdstone Town Centre. The units will be sold separately. Currently Vacant. The shops were previously let individually to a barber’s shop and a takeaway restaurant. Accommodation No 93: Overall area is approximately 713 sq. ft. No 93a: Overall area is approximately 657 sq. ft. Tenure Freehold These units were previously let at £12,000 p.a. each Total rental income of £24,200 p.a. Location The premises are prominently located within a busy parade of shops on the High street Harrow & Wealdstone (A409). Nearest public transport includes Harrow & Wealdstone tube station and local bus services. Local Authority London Borough of Harrow, Access Harrow, Civic 1, Station Road, Harrow HA1 2UW Tel: 020 8901 2600 Viewings MS Auctions – Tel: 0208 9988464

21 Guide Price: £85,000 Lot 24 FREEHOLD 51 Alltiago Road, Pontraddulais, Swansea, West Glamorgan SA4 8HU Description Ideal opportunity to purchase this three bedroom mid terraced property in a popular area of Swansea. Accommodation Accommodation is arranged on two floors comprising of Entrance hall, Open plan Lounge/Diner, Kitchen, Bathroom/WC. The property also benefits from Gas Central heating and Rear Garden. Location The property is located off St. Teilo Street. Public transport includes Pontarddulaist railway station and local buses to the Town Centre. Shopping amenities and Recreation facilities can be found locally. It is also in convenient access to M4. Tenure Freehold Tenancy Vacant upon completion. Local Authority City and County of Swansea, Civic Centre, Oystermouth Road, Swansea, West Glamorgan SA1 3SN. Tel: 01792 636000 Viewings MS Auctions – Tel: 0208 9988464

Guide Price: £750,000 Lot 25 FREEHOLD INVESTMENT PROPERTY 11 Osborne Road, Egham, Surrey TW20 9RN

Description It is an ideal opportunity to purchase this Victorian corner plot property. This spacious character detached property benefits from 10 rooms all en-suite. Currently achieving rentable income of £54,000pa. Accommodation The accommodation is currently arranged as ten bedrooms all en-suite, Entrance hall, Kitchen, Lounge, plus a self-contained one bedroom annexe and reception room and a rear garden. Location Situated in Central Egham with its wealth of restaurants, bars and shops, within approximately ¼ mile of the popular Manorcroft School, Egham sports centre and playing fields. Easy access for commuting to London and motorway to both Heathrow and Gatwick airports due to the convenient proximity to the M25. There is a mainline station to Waterloo (Egham). Attractions within the vicinity include Thorpe Park, Windsor Castle, Ascot racecourse, Wentworth golfing estate, Legoland and Savill gardens. Tenure Freehold Local Authority Runnymede Civic Centre, Station Road, Addlestone, Surrey KT15 2AH Tel: 01932 838383 Viewings MS Auctions – 0208 9988464 Tenancy Currently rented with 6 tenants achieving £54,000pa

22 Guide Price: £40,000 Lot 26 LEASEHOLD INVESTMENT 1 Ascension Mews, Firth Crescent, Maltby, Rotherham, South Yorkshire S66 7FL Description The property is a long leasehold two bedroom apartment. Currently achieving a rentable income of £4,800 per annum Reserve Set below £47,000 Accommodation Two bedrooms, Reception Room, Kitchen, Bathroom/WC. The property benefits from central heating. N.B. The auctioneers have not been able to internally inspect the property at the time of printing. Location The property is situated off Ascension Close via Frith Crescent. Nearest public transport includes local buses to Maltby Town Centre. Shopping amenities and Recreational facilities can be found locally near Cherry Tree Park. Viewings Tenure MS Auctions – 0208 9988464 Leasehold Tenancy Let on an assured short hold tenancy for 6 months from 1/2/2013(Holding over) at a rent of £4800 per annum (holding over) Lease Held on a long lease for a term of 999 years from December 2008 at a ground rent of £50 per annum Local Authority Rotherham Metropolitan Borough Council, Development Management, PO Box 652, Rotherham S60 9DE

Guide Price: £450,000 Lot 27 FREEHOLD INVESTMENT 97 North Street, Romford, Essex RM1 1EU

Description This end of terrace property offers a ground floor shop which is currently rented out to Papa John’s Pizza (UK) Ltd also includes two one bedroom self-contained flats which are currently let on an AST. The property is currently producing a total rental income of £37,000pa. Accommodation Ground Floor Shop: Papa John’s pizza (UK) LTD First Floor Flat: Lounge, Bedroom, Kitchen, Bathroom, Private access from the rear of the building with own street door. Second Floor Flat: Lounge, Bedroom, Kitchen, Bathroom, Private access from the rear of the building with own street door. Location This property is ideally situated on the main A125 road, very close by to Shopping Centre and only an 8 minute walk away from The Romford General Market. The property also benefits from having good transport links as Romford Railway Station is situated only 10 minutes away and there are also a number of local bus routes nearby.

Tenure Local Authority Freehold London Borough of Havering, Town Hall, Main Road, Romford RM1 Lease 3BB Tel: 01708 434343 Papa John’s Ltd is held on a 15 years FRI Head Lease commencing Viewings on August 2013 until August 2028. MS Auctions – Tel: 0208 9988464 Tenancy Papa Johns Ltd – Total rent reserved is £19,000 pa with five yearly rent reviews. First Floor Flat: Let on an AST at a total rent reserved of £9000 pa Second Floor Flat: Let on an AST at a total rent reserved of £9000 pa Total current rental income: £37,000 per annum.

23 Guide Price: £150,000 plusLot 28 LEASEHOLD INVESTMENT 14 Susan Road, Blackheath, London SE3 0JD

Description A semi-detached recently refurbished one bedroom bungalow located within Blackheath village. The property offers a potential opportunity to extend, subject to obtaining the necessary consents. Accommodation Ground Floor-Reception Room, Kitchen, One Bedroom, Bathroom/ WC Location Located on the east side of Susan Road within easy reach of the popular shops, cafes, pubs and restaurants. Recreational areas can be found nearby in Kidbrooke Green Park and in Blackheath and Greenwich Park. Tenure Leasehold, 125 years from 5th October 1992. Ground rent £10 per annum. Local Authority Royal Borough of Greenwich, The Eltham Centre, 2 Archery Road, London SE9 1HA Tel: 020 8854 8888 Viewings MS Auctions – Tel: 0208 9988464

Guide Price: £90,000Lot 29 FREEHOLD RESIDENTIAL 26 Woodcote Close, Dogsthorpe, Peterborough, Cambridgeshire PE1 3RP Description An opportunity to buy this two bedroom modern mid terraced house with front driveway parking and enclosed rear garden in a popular area of Peterborough. With 6 years NHBC guarantee remaining. Accommodation Ground floor: Entrance Hall, Lounge with open plan Kitchen/diner, cloakroom. First Floor: Two Bedrooms and an upstairs Family Bathroom plus gas central heating, UPVc double glazed windows. Outside: an enclosed rear garden, a patio and lawned area with rear gated access. Parking space to the front. Location The property is situated on Woodcote Close just off St Pauls Road in the Dogsthorpe area of Peterborough. Just under 10 minutes from the Peterborough Town centre for shopping and recreational amenities. Public transport includes Peterborough train station and local bus services. Tenure Freehold Local Authority Peterborough City Council, Bayard Place, Broadway, Peterborough, Cambridgeshire PE1 1AY Tel: 01733 864420 Viewings MS Auctions – Tel: 0208 9988464

24 Guide Price: £125,000 Lot 30 FREEHOLD RESIDENTIAL 97 Barnsley Road, Wath-upon- Dearne, Rotherham, South Yorkshire S63 6DN Description The property is a freehold three floor corner building arranged as four self-contained flats. Currently rented out at £15,900 per annum. Accommodation Flat 1 (Ground) Reception room, bedroom, kitchen, bathroom/WC Flat 2 (Ground) Reception room, bedroom, kitchen, bathroom/WC Flat 3 (First/Second) Reception room, bedroom, kitchen, bathroom/ WC Flat 4 (First) Reception room, bedroom, kitchen, bathroom/WC N.B. The auctioneers have not been able to internally inspect the property at the time of printing. Location The property is situated south east of Barnsley town centre, at the junction with Victoria Road. Public transport includes local bus routes and Swinton, Bolton on Dearne and Wombwell railway stations. Recreational facilities and shopping amenities can be found locally at Newhill Park and Wath upon Dearne Leisure Centre. Tenure Freehold Tenancy Flat 1 – 6 months assured short hold tenancy (holding over) effective from 1/4/2013 for £4,200 per annum Flat 2 – 6 months assured short hold tenancy (holding over) effective Local Authority from 7/11/2011 for £3,900 per annum Rotherham Metropolitan Borough Council, Customer Service Centre, Flat 3 – 6 months assured short hold tenancy (holding over) effective Riverside House, Main Street, from 24/4/2012 for £3,900 per annum Rotherham S60 1AE Tel: 01709 382121 Flat 4 – 6 months assured short hold tenancy (holding over) effective from 23/4/2012 for £3,900 per annum Viewings Total rent reserve is equivalent to £15,900 per annum. MS Auctions – Tel: 0208 9988464

Guide Price: £17,000 plusLot 31 FREEHOLD FLAT 18 Murroch Avenue, Scotland G82 3DP

Description The property comprises a two bedroom self-contained first floor flat situated within a purpose built block arranged over ground and four upper floors. Accommodation The property was not internally inspected by MS Auctions. The following information was provided by the vendor. We understand the property provides: Reception Room, Two Bedrooms, Kitchen and Bathroom. Situation The property is located on Murroch Avenue, close to the junction with Muir Road. Local buses are available from Howatshaws Road located at the westerly end of Muir Road. Shopping facilities are available in Central Dumbarton to the south. Rail services run from the Dumbarton Central Rail station to the south-west. Stirling Rod (A82) is located to the south of the subject property and provides access to Renton to the north-west and Bowling to the south-east as well as providing access to the . Tenure Freehold Vendor’s Solicitors: McArthur Stanton Solicitors, Royal Bank Buildings, 35 High Street, Dumbarton, G82 1LS. Tel: 01389 762266 Viewings Please contact MS Auctions, London Tel: 020 899 88464 Local Authority West Dunbartonshire Council, Garshake Road, Dumbarton, G82 3PU. Tenancy Tel: 01389 738282 Vacant upon possession

25 Guide price: £75,000Lot 32 FREEHOLD DEVELOPMENT INVESTMENT 183‐185 Cleethorpes Road and 2A Nacton Street, Grimsby, Lincolnshire DN31 3BE Description The property is a three storey end of terrace corner property. Arranged as a ground floor retail unit with two floors above. We understand the upper parts were recently used as offices. The property is ready for refurbishment and conversion to several flats subject to gaining the necessary planning permission. Accommodation Ground Floor including Nacton Street 1,780sq.ft. First Floor (access from Nacton Street) 1,510sq.ft. Second Floor 4 rooms 990sq.ft. N.B Measurements have been supplied to be used as a guide approximately. Location Located on the north side of Cleethorpes Road, at its junction with Nacton Street which is 1 mile north of the Town Centre of Grimsby and only 2 miles to the popular seaside resort of Cleethorpes. Tenure Freehold Local Authority North East Lincolnshire Council, Town Hall Square, Grimsby, North East Lincolnshire DN31 1HU. Tel: 01472313131 Viewings MS Auctions – Tel: 0208 9988464

Guide Price: £500,000 plus Lot 33 PERIOD RESIDENTIAL Kings Croft, 16 High Street, Spaldwick, Cambridgeshire PE28 0TD Description An opportunity to buy this outstanding grade II listed period home situated in the sought after Village of Spaldwick. Comprising of four bedrooms, double garage, tennis court, 1 acre garden/ground space and one Studio/Annexe in the rear garden which could provide opportunities for work or play from home. Accommodation The property internally benefits from over 2000 sq. ft. of living accommodation which extends to three reception rooms, large kitchen/ breakfast room, utility room and cloakroom. Master bedroom with en-suite, second bedroom with dressing area, two further bedrooms and a family bathroom. The property sits on approximately 1 acre of mature garden and grounds with extensive lawned areas, tennis court, a double garage with ample parking space. Within the garden is a studio/office/annexe space which can provide many different uses. Location The property is situated in the popular Village of Spaldwick which is located just off the A14 and about four miles North of Kimbolton. Huntingdon benefits from a main line train station which provides Viewings a commuter service to London Kings Cross and Peterborough MS Auctions – Tel: 0208 city being only 20 miles away. The Village has a Church, Primary 9988464 school, public house and restaurants providing recreational activities. Shopping amenities can be found nearby Kimbolton. Tenure Freehold Local Authority Huntingdonshire District Council, Pathfinder House, St Marys Street, Huntingdon, Cambridgeshire PE29 3TN. Tel: 01480 388388

26 Guide Price: £85,000 Lot 34 FREEHOLD RESIDENTIAL 1 Hawthorne Grove, Southport, Merseyside PR9 7AA

Description The property is a corner semi-detached three bedroom house with enclosed rear garden in the heart of Southport. Accommodation The property comprises of 3 Bedrooms, Reception Rooms, Dinning/ Kitchen, Bathroom and Benefits from UPVC double glazed windows and central heating. Front and Rear Gardens. Location The property is located in a popular area of Southport. Public transport includes Meols Cop and Southport Railway station. Shopping amenities and recreational facilities can be found nearby in the Town Centre. Tenure Freehold Local Authority Sefton Metropolitan Borough Council, Southport One Stop Shop, Cambridge Arcade, Southport PR8 1DA Tel: 0845 140 0845 Viewings MS Auctions – 0208 9988464

Guide Price: £38,000 plus Lot 35 LEASEHOLD APARTMENT 71a Victoria Road, Scarborough, North Yorkshire YO11 1SH

Description The property is a spacious long leasehold first floor self-contained flat. Currently achieving rentable income of £5,400 per annum Accommodation Four Rooms, Kitchen, Bathroom/WC N.B. The auctioneers have not been able to internally inspect the property at the time of printing. Location The property is located between Falsgrave Road and Castle Road. Public transport includes Scarborough railway station. Shopping amenities are at Brunswick Shopping Centre and recreational facilities can be found at Peasholm Park. Tenure Leasehold Tenancy Let on an assured short hold tenancy for 12 months from 23/8/2013 at a total rent reserved £5,400 p.a. Lease Held on a long lease for a term of 125 years from 25/12/2012 at a ground rent of £100 p.a. Local Authority Scarborough Borough Council, Town Hall, St Nicholas Street, Scarborough, North Yorkshire YO11 2HG Tel: 01723 232323 Viewings MS Auctions – Tel: 0208 9988464

27 Guide Price: £40,000 plus Lot 36 FREEHOLD POTENTIAL DEVELOPMENT LAND Land at 289 Oilmills Road, Ramsey Mereside, Huntingdon, Cambridgeshire PE26 2TT Description Situated in a semi-rural village location is an opportunity to buy a plot of land approximately 4900sq ft that offers potential development subject to obtaining the necessary planning permission. Tenure Freehold Location Oilmills Road is located close to main transport routs being approximately 15 miles from Huntingdon, 8 miles from Peterborough and 3 miles from Ramsey. Local Authority Huntingdonshire District Council, St Mary’s St, Huntingdon, Cambridgeshire PE29 3PE Tel: 01480 388388 Viewings MS Auctions – Tel: 0208 9988464 Note The Promap image is for illustration purposes only

VIEWINGS Viewing arrangements for each lot are set out in the schedule or you can book direct via our offi ce. Block viewings for all vacant properties will be at specifi c times. Negotiators have tight schedules, so potential buyers arriving late at confi rmed appointments will have limited viewing time. Viewings of all tenanted properties are strictly by prior confi rmed appointment and will be by courtesy of the tenants at a time convenient to them. All tenants are under strict instructions not to allow unauthorised viewings and interested parties are asked to respect their privacy at all times. A confi rmed booking is required for each viewing and we do not guarantee to attend block viewings where appointments have not been confi rmed by prospective buyers. Once a lot has been sold there will be a charge of £100, inclusive of VAT, per visit, if we are asked to conduct further viewings for any reason prior to completion. Prospective buyers view all lots entirely at their own risk and neither the Auctioneers, Joint Auctioneers or the Seller take responsibility for any damage or injury, however caused. Additional information for buyers available from www.msauctions.co.uk or call our offi ces on 0208 998 8464

28 PRIVATE TREATY

Flat 7 Tudor House, 315–323 High Street, Chatham, Kent ME4 4BN £60,000 LEASEHOLD APARTMENT

Description A one bedroom second floor flat located within a pedestrian area of the town centre. Recently let for circa £5,200pa Accommodation Entrance Lobby, Reception room, Open plan Kitchen, One Bedroom, Bathroom-W/C. Location The property is located on the High Street Chatham surrounded with shopping amenities. Nearest Transport is Chatham Train Station which is only 10 minutes’ walk from the property. Tenure Leasehold Tenancy Vacant upon completion Lease The flat is leasehold and has a 99 year lease from 2006. Local Authority Medway Council, Gun Wharf, Dock Road, Chatham, Kent ME4 4TR. Telephone: 01634 306000 Viewings MS Auctions – 0208 9988464

We have the pleasure to announce this upcoming property having COMING SOON received the instructions on behalf of the Vendor and Mortgagees The Green Farm House, The Green, Lower Halstow, Sittingbourne, Kent ME9 7DS

Guide Price: £380,000–£400,000 Description: This is a Nine Bedroom outstanding period former farmhouse in a central village location within the heart of the London’s commuter belt. Sited on approximately 1 acre (STMS) with some possible development potential (STPC).

29 COMMON AUCTION CONDITIONS

Glossary Lot This glossary applies to the auction conduct conditions and the sale Each separate property described in the catalogue or (as the case may conditions. be) the property that the seller has agreed to sell and the buyer to buy Wherever it makes sense: (including chattels, if any). • singular words can be read as plurals, and plurals as singular words; • a ‘person’ includes a corporate body; Old arrears • words of one gender include the other genders; Arrears due under any of the tenancies that are not ‘new tenancies’ as • references to legislation are to that legislation as it may have been modifi ed defi ned by the Landlord and Tenant (Covenants) Act 1995. or re-enacted by the date of the auction or the contract date (as applicable); and where the following words printed in bold red type appear in bold black Particulars type they have the specifi ed meanings. The section of the catalogue that contains descriptions of each lot (as varied by any addendum). Actual completion date The date when completion takes place or is treated as taking place for the Practitioner purposes of apportionment and calculating interest. An insolvency practitioner for the purposes of the Insolvency Act 1986 (or, in relation to jurisdictions outside the United Kingdom, any similar offi cial). Addendum An amendment or addition to the conditions or to the particulars or to both Price whether contained in a supplement to the catalogue, a written notice from the The price that the buyer agrees to pay for the lot. auctioneers or an oral announcement at the auction. Ready to complete Agreed completion date Ready, willing and able to complete: if completion would enable the seller Subject to condition G9.3: to discharge all fi nancial charges secured on the lot that have to be (a) the date specifi ed in the special conditions; or discharged by completion, then those outstanding fi nancial charges do not (b) if no date is specifi ed, 20 business days after the contract date; prevent the seller from being ready to complete. but if that date is not a business day the fi rst subsequent business day. Sale conditions Approved fi nancial institution The general conditions as varied by any special conditions or addendum. Any bank or building society that has signed up to the Banking Code or Business Banking Code or is otherwise acceptable to the auctioneers. Sale memorandum The form so headed (whether or not set out in the catalogue) in which the Arrears terms of the contract for the sale of the lot are recorded. Arrears of rent and other sums due under the tenancies and still outstanding on the actual completion date. Seller The person selling the lot. If two or more are jointly the seller their Arrears schedule obligations can be enforced against them jointly or against each of them The arrears schedule (if any) forming part of the special conditions. separately. Auction Special conditions The auction advertised in the catalogue. Those of the sale conditions so headed that relate to the lot. Auction conduct conditions Tenancies The conditions so headed, including any extra auction conduct conditions. Tenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them. Auctioneers The auctioneers at the auction. Tenancy schedule The tenancy schedule (if any) forming part of the special conditions. Business day Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and Transfer Wales; or (c) Good Friday or Christmas Day. Transfer includes a conveyance or assignment (and ‘to transfer’ includes ‘to convey’ or ‘to assign’). Buyer The person who agrees to buy the lot or, if applicable, that person’s personal TUPE representatives: if two or more are jointly the buyer their obligations can be The Transfer of Undertakings (Protection of Employment) Regulations 2006. enforced against them jointly or against each of them separately. VAT Catalogue Value Added Tax or other tax of a similar nature. The catalogue to which the conditions refer including any supplement to it. VAT option Completion An option to tax. Unless otherwise agreed between seller and buyer (or their conveyancers) the occasion when both seller and buyer have complied with their obligations We (and us and our) under the contract and the balance of the price is unconditionally received in The auctioneers. the seller’s conveyancer’s client account. You (and your) Condition Someone who has a copy of the catalogue or who attends or bids at the One of the auction conduct conditions or sales conditions. auction, whether or not a buyer. Contract Auction Conduct Conditions The contract by which the seller agrees to sell and the buyer agrees to buy the lot. A1 Introduction A1.1 Words in bold black type have special meanings, which are defi ned Contract date in the Glossary. The date of the auction or, if the lot is not sold at the auction: A1.2 The catalogue is issued only on the basis that you accept these (a) the date of the sale memorandum signed by both the seller and buyer; or auction conduct conditions. They govern our relationship with (b) if contracts are exchanged, the date of exchange. If exchange is not effected you and cannot be disapplied or varied by the sale conditions in person or by an irrevocable agreement to exchange made by telephone, (even by a condition purporting to replace the whole of the fax or electronic mail the date of exchange is the date on which both parts Common Auction Conditions). They can be varied only if we agree. have been signed and posted or otherwise placed beyond normal retrieval. A2 Our role Documents A2.1 As agents for each seller we have authority to: Documents of title (including, if title is registered, the entries on the register (a) prepare the catalogue from information supplied by or on behalf and the title plan) and other documents listed or referred to in the special of each seller; conditions relating to the lot. (b) offer each lot for sale; (c) sell each lot; Financial charge (d) receive and hold deposits; A charge to secure a loan or other fi nancial indebtedness (not including a rent (e) sign each sale memorandum; and charge). (f) treat a contract as repudiated if the buyer fails to sign a sale memorandum or pay a deposit as required by these auction General conditions conduct conditions. That part of the sale conditions so headed, including any extra general A2.2 Our decision on the conduct of the auction is fi nal. conditions. A2.3 We may cancel the auction, or alter the order in which lots are offered for sale. We may also combine or divide lots. A lot may be Interest rate sold or withdrawn from sale prior to the auction. If not specifi ed in the special conditions, 4% above the base rate from time A2.4 You acknowledge that to the extent permitted by law we owe you to time of Barclays Bank plc. (The interest rate will also apply to judgment no duty of care and you have no claim against us for any loss. debts, if applicable.) 30 A3 Bidding and reserve prices G1.4 The lot is also sold subject to such of the following as may affect it, A3.1 All bids are to be made in pounds sterling exclusive of any whether they arise before or after the contract date and whether or applicable VAT. not they are disclosed by the seller or are apparent from inspection A3.2 We may refuse to accept a bid. We do not have to explain why. of the lot or from the documents: A3.3 If there is a dispute over bidding we are entitled to resolve it, and (a) matters registered or capable of registration as local land our decision is fi nal. charges; A3.4 Unless stated otherwise each lot is subject to a reserve price (b) matters registered or capable of registration by any competent (which may be fi xed just before the lot is offered for sale). If no bid authority or under the provisions of any statute; equals or exceeds that reserve price the lot will be withdrawn from (c) notices, orders, demands, proposals and requirements of any the auction. competent authority; A3.5 Where there is a reserve price the seller may bid (or ask us or (d) charges, notices, orders, restrictions, agreements and other another agent to bid on the seller’s behalf) up to the reserve price matters relating to town and country planning, highways or but may not make a bid equal to or exceeding the reserve price. public health; You accept that it is possible that all bids up to the reserve price (e) rights, easements, quasi-easements, and wayleaves; are bids made by or on behalf of the seller. (f) outgoings and other liabilities; A3.6 Where a guide price (or range of prices) is given that guide is the (g) any interest which overrides, within the meaning of the Land minimum price at which, or range of prices within which, the seller Registration Act 2002; might be prepared to sell at the date of the guide price. But guide (h) matters that ought to be disclosed by the searches and prices may change. The last published guide price will normally be enquiries a prudent buyer would make, whether or not the buyer at or above any reserve price, but not always – as the seller may fi x has made them; and the fi nal reserve price just before bidding commences. (i) anything the seller does not and could not reasonably know about. A4 The particulars and other information G1.5 Where anything subject to which the lot is sold would expose the A4.1 We have taken reasonable care to prepare particulars that seller to liability the buyer is to comply with it and indemnify the correctly describe each lot. The particulars are based on seller against that liability. information supplied by or on behalf of the seller. You need to G1.6 The seller must notify the buyer of any notices, orders, demands, check that the information in the particulars is correct. proposals and requirements of any competent authority of which A4.2 If the special conditions do not contain a description of the it learns after the contract date but the buyer must comply with lot, or simply refer to the relevant lot number, you take the risk them and keep the seller indemnifi ed. that the description contained in the particulars is incomplete G1.7 The lot does not include any tenant’s or trade fi xtures or fi ttings. or inaccurate, as the particulars have not been prepared by a G1.8 Where chattels are included in the lot the buyer takes them as they conveyancer and are not intended to form part of a legal contract. are at completion and the seller is not liable if they are not fi t for A4.3 The particulars and the sale conditions may change prior to the use. auction and it is your responsibility to check that you have the G1.9 The buyer buys with full knowledge of: correct versions. (a) the documents, whether or not the buyer has read them; and A4.4 If we provide information, or a copy of a document, provided by (b) the physical condition of the lot and what could reasonably be others we do so only on the basis that we are not responsible for discovered on inspection of it, whether or not the buyer has the accuracy of that information or document. inspected it. G1.10 The buyer is not to rely on the information contained in the A5 The contract particulars but may rely on the seller’s conveyancer’s written A5.1 A successful bid is one we accept as such (normally on the fall of replies to preliminary enquiries to the extent stated in those replies. the hammer). This condition A5 applies to you if you make the successful bid for a lot. G2. Deposit A5.2 You are obliged to buy the lot on the terms of the sale G2.1 The amount of the deposit is the greater of: memorandum at the price you bid plus VAT (if applicable). (a) any minimum deposit stated in the auction conduct conditions A5.3 You must before leaving the auction: (or the total price, if this is less than that minimum); and (a) provide all information we reasonably need from you to enable (b) 10% of the price (exclusive of any VAT on the price). us to complete the sale memorandum (including proof of your identity if required by us); G2.2 The deposit (b) sign the completed sale memorandum; and (a) must be paid in pounds sterling by cheque or banker’s draft (c) pay the deposit. drawn on an approved fi nancial institution (or by any other A5.4 If you do not we may either: means of payment that the auctioneers may accept); and (a) as agent for the seller treat that failure as your repudiation of (b) is to be held as stakeholder unless the auction conduct the contract and offer the lot for sale again: the seller may then conditions provide that it is to be held as agent for the seller. have a claim against you for breach of contract; or G2.3 Where the auctioneers hold the deposit as stakeholder they are (b) sign the sale memorandum on your behalf. authorised to release it (and interest on it if applicable) to the seller on completion or, if completion does not take place, to the person A5.5 The deposit: entitled to it under the sale conditions. (a) is to be held as stakeholder where VAT would be chargeable G2.4 If a cheque for all or part of the deposit is not cleared on fi rst on the deposit were it to be held as agent for the seller, but presentation the seller may treat the contract as at an end and otherwise is to be held as stated in the sale conditions; and bring a claim against the buyer for breach of contract. (b) must be paid in pounds sterling by cheque or by bankers’ draft G2.5 Interest earned on the deposit belongs to the seller unless the sale made payable to us on an approved fi nancial institution. The conditions provide otherwise. extra auction conduct conditions may state if we accept any other form of payment. G3. Between contract and completion A5.6 We may retain the sale memorandum signed by or on behalf of G3.1 Unless the special conditions state otherwise, the seller is to the seller until the deposit has been received in cleared funds. insure the lot from and including the contract date to completion A5.7 If the buyer does not comply with its obligations under the and: contract then: (a) produce to the buyer on request all relevant insurance details; (a) you are personally liable to buy the lot even if you are acting as (b) pay the premiums when due; an agent; and (c) if the buyer so requests, and pays any additional premium, use (b) you must indemnify the seller in respect of any loss the seller reasonable endeavours to increase the sum insured or make incurs as a result of the buyer’s default. other changes to the policy; A5.8 Where the buyer is a company you warrant that the buyer is (d) at the request of the buyer use reasonable endeavours to have properly constituted and able to buy the lot. the buyer’s interest noted on the policy if it does not cover a contracting purchaser; A6 Extra Auction Conduct Conditions (e) unless otherwise agreed, cancel the insurance at completion, A6.1 Despite any special condition to the contrary the minimum deposit apply for a refund of premium and (subject to the rights of any we accept is £2,000 (or the total price, if less). A special condition tenant or other third party) pay that refund to the buyer; and may, however, require a higher minimum deposit. (f) (subject to the rights of any tenant or other third party) hold on trust for the buyer any insurance payments that the seller General conditions of sale receives in respect of loss or damage arising after the contract Words in bold black type have special meanings, which are defi ned in the date or assign to the buyer the benefi t of any claim; Glossary. and the buyer must on completion reimburse to the seller the cost The general conditions (including any extra general conditions) apply to the of that insurance (to the extent not already paid by the buyer or contract except to the extent that they are varied by special conditions or a tenant or other third party) for the period from and including the by an addendum. contract date to completion. G3.2 No damage to or destruction of the lot nor any deterioration in its G1. The lot condition, however caused, entitles the buyer to any reduction in G1.1 The lot (including any rights to be granted or reserved, and any price, or to delay completion, or to refuse to complete. exclusions from it) is described in the special conditions, or if not G3.3 Section 47 of the Law of Property Act 1925 does not apply. so described the lot is that referred to in the sale memorandum. G3.4 Unless the buyer is already lawfully in occupation of the lot the G1.2 The lot is sold subject to any tenancies disclosed by the special buyer has no right to enter into occupation prior to completion. conditions, but otherwise with vacant possession on completion. G1.3 The lot is sold subject to all matters contained or referred to in the G4. Title and identity documents, but excluding any fi nancial charges: these the seller G4.1 Unless condition G4.2 applies, the buyer accepts the title of must discharge on or before completion. the seller to the lot as at the contract date and may raise no 31 AUCTION CONDITIONS (continued)

requisition or objection except in relation to any matter that occurs G7.3 If the buyer fails to comply with a notice to complete the seller after the contract date. may, without affecting any other remedy the seller has: G4.2 If any of the documents is not made available before the auction (a) terminate the contract; the following provisions apply: (b) claim the deposit and any interest on it if held by a stakeholder; (a) The buyer may raise no requisition on or objection to any of the (c) forfeit the deposit and any interest on it; documents that is made available before the auction. (d) resell the lot; and (b) If the lot is registered land the seller is to give to the buyer within (e) claim damages from the buyer. fi ve business days of the contract date an offi cial copy of the G7.4 If the seller fails to comply with a notice to complete the buyer entries on the register and title plan and, where noted on the may, without affecting any other remedy the buyer has: register, of all documents subject to which the lot is being sold. (a) terminate the contract; and (c) If the lot is not registered land the seller is to give to the buyer (b) recover the deposit and any interest on it from the seller or, if within fi ve business days an abstract or epitome of title starting applicable, a stakeholder. from the root of title mentioned in the special conditions (or, if none is mentioned, a good root of title more than fi fteen years G8. If the contract is brought to an end old) and must produce to the buyer the original or an examined If the contract is lawfully brought to an end: copy of every relevant document. (a) the buyer must return all papers to the seller and appoints the (d) If title is in the course of registration, title is to consist of certifi ed seller its agent to cancel any registration of the contract; and copies of: (b) the seller must return the deposit and any interest on it to (i) the application for registration of title made to the land registry; the buyer (and the buyer may claim it from the stakeholder, (ii) the documents accompanying that application; if applicable) unless the seller is entitled to forfeit the deposit (iii) evidence that all applicable stamp duty land tax relating to that under condition G7.3. application has been paid; and (iv) a letter under which the seller or its conveyancer agrees to use G9. Landlord’s licence all reasonable endeavours to answer any requisitions raised by G9.1 Where the lot is or includes leasehold land and licence to assign is the land registry and to instruct the land registry to send the required this condition G9 applies. completed registration documents to the buyer. G9.2 The contract is conditional on that licence being obtained, by way (e) The buyer has no right to object to or make requisitions on of formal licence if that is what the landlord lawfully requires. any title information more than seven business days after that G9.3 The agreed completion date is not to be earlier than the date fi ve information has been given to the buyer. business days after the seller has given notice to the buyer that G4.3 Unless otherwise stated in the special conditions the seller licence has been obtained. sells with full title guarantee except that (and the transfer shall so G9.4 The seller must: provide): (a) use all reasonable endeavours to obtain the licence at the (a) the covenant set out in section 3 of the Law of Property seller’s expense; and (Miscellaneous Provisions) Act 1994 shall not extend to matters (b) enter into any authorised guarantee agreement properly recorded in registers open to public inspection; these are to be required. treated as within the actual knowledge of the buyer; and G9.5 The buyer must: (b) the covenant set out in section 4 of the Law of Property (a) promptly provide references and other relevant information; and (Miscellaneous Provisions) Act 1994 shall not extend to any (b) comply with the landlord’s lawful requirements. condition or tenant’s obligation relating to the state or condition G9.6 If within three months of the contract date (or such longer period of the lot where the lot is leasehold property. as the seller and buyer agree) the licence has not been obtained G4.4 The transfer is to have effect as if expressly subject to all matters the seller or the buyer may (if not then in breach of any obligation subject to which the lot is sold under the contract. under this condition G9) by notice to the other terminate the G4.5 The seller does not have to produce, nor may the buyer object to contract at any time before licence is obtained. That termination is or make a requisition in relation to, any prior or superior title even if without prejudice to the claims of either seller or buyer for breach it is referred to in the documents. of this condition G9. G4.6 The seller (and, if relevant, the buyer) must produce to each other such confi rmation of, or evidence of, their identity and that of their G10. Interest and apportionments mortgagees and attorneys (if any) as is necessary for the other G10.1 If the actual completion date is after the agreed completion date to be able to comply with applicable Land Registry Rules when for any reason other than the seller’s default the buyer must pay making application for registration of the transaction to which the interest at the interest rate on the price (less any deposit paid) conditions apply. from the agreed completion date up to and including the actual completion date. G5. Transfer G10.2 Subject to condition G11 the seller is not obliged to apportion or G5.1 Unless a form of transfer is prescribed by the special conditions: account for any sum at completion unless the seller has received (a) the buyer must supply a draft transfer to the seller at least ten that sum in cleared funds. The seller must pay to the buyer after business days before the agreed completion date and the completion any sum to which the buyer is entitled that the seller engrossment (signed as a deed by the buyer if condition G5.2 subsequently receives in cleared funds. applies) fi ve business days before that date or (if later) two G10.3 Income and outgoings are to be apportioned at actual completion business days after the draft has been approved by the seller; date unless: and (a) the buyer is liable to pay interest; and (b) the seller must approve or revise the draft transfer within fi ve (b) the seller has given notice to the buyer at any time up to business days of receiving it from the buyer. completion requiring apportionment on the date from which G5.2 If the seller remains liable in any respect in relation to the lot interest becomes payable by the buyer; (or a tenancy) following completion the buyer is specifi cally to in which event income and outgoings are to be apportioned on the covenant in the transfer to indemnify the seller against that liability. date from which interest becomes payable by the buyer. G5.3 The seller cannot be required to transfer the lot to anyone other G10.4 Apportionments are to be calculated on the basis that: than the buyer, or by more than one transfer. (a) the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to be made; G6. Completion (b) annual income and expenditure accrues at an equal daily rate G6.1 Completion is to take place at the offi ces of the seller’s assuming 365 days in a year, and income and expenditure conveyancer, or where the seller may reasonably require, on the relating to some other period accrues at an equal daily rate agreed completion date. The seller can only be required to during the period to which it relates; and complete on a business day and between the hours of 0930 and (c) where the amount to be apportioned is not known at 1700. completion apportionment is to be made by reference to a G6.2 The amount payable on completion is the balance of the price reasonable estimate and further payment is to be made by seller adjusted to take account of apportionments plus (if applicable) VAT or buyer as appropriate within fi ve business days of the date and interest. when the amount is known. G6.3 Payment is to be made in pounds sterling and only by: (a) direct transfer to the seller’s conveyancer’s client account; and G11. Arrears (b) the release of any deposit held by a stakeholder. G6.4 Unless the seller and the buyer otherwise agree, completion Part 1 Current rent cannot take place until both have complied with their obligations G11.1 ‘Current rent’ means, in respect of each of the tenancies subject to under the contract and the balance of the price is unconditionally which the lot is sold, the instalment of rent and other sums payable received in the seller’s conveyancer’s client account. by the tenant in advance on the most recent rent payment date on G6.5 If completion takes place after 1400 hours for a reason other or within four months preceding completion. than the seller’s default it is to be treated, for the purposes of G11.2 If on completion there are any arrears of current rent the buyer apportionment and calculating interest, as if it had taken place on must pay them, whether or not details of those arrears are given in the next business day. the special conditions. G6.6 Where applicable the contract remains in force following G11.3 Parts 2 and 3 of this condition G11 do not apply to arrears of completion. current rent. G7. Notice to complete Part 2 Buyer to pay for arrears G7.1 The seller or the buyer may on or after the agreed completion G11.4 Part 2 of this condition G11 applies where the special conditions date but before completion give the other notice to complete give details of arrears. within ten business days (excluding the date on which the notice is G11.5 The buyer is on completion to pay, in addition to any other money given) making time of the essence. then due, an amount equal to all arrears of which details are set G7.2 The person giving the notice must be ready to complete. out in the special conditions. 32 G11.6 If those arrears are not old arrears the seller is to assign to the (c) article 5(2B) of the Value Added Tax (Special Provisions) Order buyer all rights that the seller has to recover those arrears. 1995 does not apply to it; and (d) it is not buying the lot as a nominee for another person. Part 3 Buyer not to pay for arrears G15.4 The buyer is to give to the seller as early as possible before the G11.7 Part 3 of this condition G11 applies where the special conditions: agreed completion date evidence: (a) so state; or (a) of the buyer’s VAT registration; (b) give no details of any arrears. (b) that the buyer has made a VAT option; and G11.8 While any arrears due to the seller remain unpaid the buyer must: (c) that the VAT option has been notifi ed in writing to HM Revenue (a) try to collect them in the ordinary course of management but and Customs; and if it does not produce the relevant evidence need not take legal proceedings or forfeit the tenancy; at least two business days before the agreed completion date, (b) pay them to the seller within fi ve business days of receipt in condition G14.1 applies at completion. cleared funds (plus interest at the interest rate calculated on a G15.5 The buyer confi rms that after completion the buyer intends to: daily basis for each subsequent day’s delay in payment); (a) retain and manage the lot for the buyer’s own benefi t as a (c) on request, at the cost of the seller, assign to the seller or continuing business as a going concern subject to and with the as the seller may direct the right to demand and sue for old benefi t of the tenancies; and arrears, such assignment to be in such form as the seller’s (b) collect the rents payable under the tenancies and charge VAT conveyancer may reasonably require; on them (d) if reasonably required, allow the seller’s conveyancer to have on G15.6 If, after completion, it is found that the sale of the lot is not a loan the counterpart of any tenancy against an undertaking to transfer of a going concern then: hold it to the buyer’s order; (a) the seller’s conveyancer is to notify the buyer’s conveyancer of (e) not without the consent of the seller release any tenant or surety that fi nding and provide a VAT invoice in respect of the sale of from liability to pay arrears or accept a surrender of or forfeit the lot; any tenancy under which arrears are due; and (b) the buyer must within fi ve business days of receipt of the VAT (f) if the buyer disposes of the lot prior to recovery of all arrears invoice pay to the seller the VAT due; and obtain from the buyer’s successor in title a covenant in favour of (c) if VAT is payable because the buyer has not complied with this the seller in similar form to part 3 of this condition G11. condition G15, the buyer must pay and indemnify the seller G11.9 Where the seller has the right to recover arrears it must not against all costs, interest, penalties or surcharges that the seller without the buyer’s written consent bring insolvency proceedings incurs as a result. against a tenant or seek the removal of goods from the lot. G16. Capital allowances G12. Management G16.1 This condition G16 applies where the special conditions state G12.1 This condition G12 applies where the lot is sold subject to that there are capital allowances available in respect of the lot. tenancies. G16.2 The seller is promptly to supply to the buyer all information G12.2 The seller is to manage the lot in accordance with its standard reasonably required by the buyer in connection with the buyer’s management policies pending completion. claim for capital allowances. G12.3 The seller must consult the buyer on all management issues that G16.3 The value to be attributed to those items on which capital would affect the buyer after completion (such as, but not limited allowances may be claimed is set out in the special conditions. to, an application for licence; a rent review; a variation, surrender, G16.4 The seller and buyer agree: agreement to surrender or proposed forfeiture of a tenancy; or a (a) to make an election on completion under Section 198 of the new tenancy or agreement to grant a new tenancy) and: Capital Allowances Act 2001 to give effect to this condition (a) the seller must comply with the buyer’s reasonable G16; and requirements unless to do so would (but for the indemnity in (b) to submit the value specifi ed in the special conditions to HM paragraph (c)) expose the seller to a liability that the seller Revenue and Customs for the purposes of their respective would not otherwise have, in which case the seller may act capital allowance computations. reasonably in such a way as to avoid that liability; (b) if the seller gives the buyer notice of the seller’s intended G17. Maintenance agreements act and the buyer does not object within fi ve business days G17.1 The seller agrees to use reasonable endeavours to transfer to giving reasons for the objection the seller may act as the seller the buyer, at the buyer’s cost, the benefi t of the maintenance intends; and agreements specifi ed in the special conditions. (c) the buyer is to indemnify the seller against all loss or liability the G17.2 The buyer must assume, and indemnify the seller in respect of, all seller incurs through acting as the buyer requires, or by reason liability under such contracts from the actual completion date. of delay caused by the buyer. G18. Landlord and Tenant Act 1987 G13. Rent deposits G18.1 This condition G18 applies where the sale is a relevant disposal for G13.1 This condition G13 applies where the seller is holding or otherwise the purposes of part I of the Landlord and Tenant Act 1987. entitled to money by way of rent deposit in respect of a tenancy. G18.2 The seller warrants that the seller has complied with sections 5B In this condition G13 ‘rent deposit deed’ means the deed or other and 7 of that Act and that the requisite majority of qualifying tenants document under which the rent deposit is held. has not accepted the offer. G13.2 If the rent deposit is not assignable the seller must on completion hold the rent deposit on trust for the buyer and, subject to the G19. Sale by practitioner terms of the rent deposit deed, comply at the cost of the buyer with G19.1 This condition G19 applies where the sale is by a practitioner the buyer’s lawful instructions. either as seller or as agent of the seller. G13.3 Otherwise the seller must on completion pay and assign its interest G19.2 The practitioner has been duly appointed and is empowered to sell in the rent deposit to the buyer under an assignment in which the the lot. buyer covenants with the seller to: G19.3 Neither the practitioner nor the fi rm or any member of the fi rm (a) observe and perform the seller’s covenants and conditions in to which the practitioner belongs has any personal liability the rent deposit deed and indemnify the seller in respect of any in connection with the sale or the performance of the seller’s breach; obligations. The transfer is to include a declaration excluding that (b) give notice of assignment to the tenant; and personal liability. (c) give such direct covenant to the tenant as may be required by G19.4 The lot is sold: the rent deposit deed. (a) in its condition at completion; (b) for such title as the seller may have; and G14. VAT (c) with no title guarantee; G14.1 Where a sale condition requires money to be paid or other and the buyer has no right to terminate the contract or any consideration to be given, the payer must also pay any VAT that is other remedy if information provided about the lot is inaccurate, chargeable on that money incomplete or missing. G14.2 Where the special conditions state that no VAT option has been G19.5 Where relevant: made the seller confi rms that none has been made by it or by any (a) the documents must include certifi ed copies of those company in the same VAT group nor will be prior to completion. under which the practitioner is appointed, the document of appointment and the practitioner’s acceptance of appointment; G15. Transfer as a going concern and G15.1 Where the special conditions so state: (b) the seller may require the transfer to be by the lender (a) the seller and the buyer intend, and will take all practicable exercising its power of sale under the Law of Property Act 1925. steps (short of an appeal) to procure, that the sale is treated as a G19.6 The buyer understands this condition G19 and agrees that it is fair transfer of a going concern; and (b) this condition G15 applies. in the circumstances of a sale by a practitioner. G15.2 The seller confi rms that the seller (a) is registered for VAT, either in the seller’s name or as a member G20. TUPE of the same VAT group; and G20.1 If the special conditions state ‘There are no employees to which (b) has (unless the sale is a standard-rated supply) made in relation TUPE applies’, this is a warranty by the seller to this effect. to the lot a VAT option that remains valid and will not be G20.2 If the special conditions do not state ‘There are no employees to revoked before completion. which TUPE applies’ the following paragraphs apply: G15.3 The buyer confi rms that: (a) The seller must notify the buyer of those employees whose (a) it is registered for VAT, either in the buyer’s name or as a contracts of employment will transfer to the buyer on member of a VAT group; completion (the ‘Transferring Employees’). This notifi cation (b) it has made, or will make before completion, a VAT option in must be given to the buyer not less than 14 days before relation to the lot and will not revoke it before or within three completion. months after completion; 33 AUCTION CONDITIONS (continued)

(b) The buyer confi rms that it will comply with its obligations under G23.8 The seller and the buyer are to bear their own costs in relation to TUPE and any special conditions in respect of the Transferring rent review negotiations and proceedings. Employees. (c) The buyer and the seller acknowledge that pursuant and G24. Tenancy renewals subject to TUPE, the contracts of employment between the G24.1 This condition G24 applies where the tenant under a tenancy Transferring Employees and the seller will transfer to the buyer has the right to remain in occupation under part II of the Landlord on completion. and Tenant Act 1954 (as amended) and references to notices and (d) The buyer is to keep the seller indemnifi ed against all liability for proceedings are to notices and proceedings under that Act. the Transferring Employees after completion. G24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not without the written consent of the buyer (which G21. Environmental the buyer must not unreasonably withhold or delay) serve or G21.1 This condition G21 only applies where the special conditions so respond to any notice or begin or continue any proceedings. provide. G24.3 If the seller receives a notice the seller must send a copy to the G21.2 The seller has made available such reports as the seller has as to buyer within fi ve business days and act as the buyer reasonably the environmental condition of the lot and has given the buyer the directs in relation to it. opportunity to carry out investigations (whether or not the buyer G24.4 Following completion the buyer must: has read those reports or carried out any investigation) and the (a) with the co-operation of the seller take immediate steps to buyer admits that the price takes into account the environmental substitute itself as a party to any proceedings; condition of the lot. (b) use all reasonable endeavours to conclude any proceedings G21.3 The buyer agrees to indemnify the seller in respect of all liability for or negotiations for the renewal of the tenancy and the or resulting from the environmental condition of the lot. determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable; and G22. Service charge (c) if any increased rent is recovered from the tenant (whether as G22.1 This condition G22 applies where the lot is sold subject to interim rent or under the renewed tenancy) account to the seller tenancies that include service charge provisions. for the part of that increase that relates to the seller’s period G22.2 No apportionment is to be made at completion in respect of of ownership of the lot within fi ve business days of receipt of service charges. cleared funds. G22.3 Within two months after completion the seller must provide to the G24.5 The seller and the buyer are to bear their own costs in relation to buyer a detailed service charge account for the service charge year the renewal of the tenancy and any proceedings relating to this. current on completion showing: (a) service charge expenditure attributable to each tenancy; G25. Warranties (b) payments on account of service charge received from each G25.1 Available warranties are listed in the special conditions. tenant; G25.2 Where a warranty is assignable the seller must: (c) any amounts due from a tenant that have not been received; (a) on completion assign it to the buyer and give notice of (d) any service charge expenditure that is not attributable to any assignment to the person who gave the warranty; and tenancy and is for that reason irrecoverable. (b) apply for (and the seller and the buyer must use all reasonable G22.4 In respect of each tenancy, if the service charge account shows endeavours to obtain) any consent to assign that is required. that: If consent has not been obtained by completion the warranty (a) payments on account (whether received or still then due from must be assigned within fi ve business days after the consent a tenant) exceed attributable service charge expenditure, the has been obtained. seller must pay to the buyer an amount equal to the excess G25.3 If a warranty is not assignable the seller must after completion: when it provides the service charge account; (a) hold the warranty on trust for the buyer; and (b) attributable service charge expenditure exceeds payments on (b) at the buyer’s cost comply with such of the lawful instructions of account (whether those payments have been received or are the buyer in relation to the warranty as do not place the seller in still then due), the buyer must use all reasonable endeavours to breach of its terms or expose the seller to any liability or penalty. recover the shortfall from the tenant at the next service charge reconciliation date and pay the amount so recovered to the G26. No assignment seller within fi ve business days of receipt in cleared funds; The buyer must not assign, mortgage or otherwise transfer or but in respect of payments on account that are still due from a part with the whole or any part of the buyer’s interest under this tenant condition G11 (arrears) applies. contract. G22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller must pay the expenditure incurred in G27. Registration at the Land Registry respect of the period before actual completion date and the buyer G27.1 This condition G27.1 applies where the lot is leasehold and its sale must pay the expenditure incurred in respect of the period after either triggers fi rst registration or is a registrable disposition. The actual completion date. Any necessary monetary adjustment is buyer must at its own expense and as soon as practicable: to be made within fi ve business days of the seller providing the (a) procure that it becomes registered at Land Registry as proprietor service charge account to the buyer. of the lot; G22.6 If the seller holds any reserve or sinking fund on account of future (b) procure that all rights granted and reserved by the lease under service charge expenditure or a depreciation fund: which the lot is held are properly noted against the affected (a) the seller must pay it (including any interest earned on it) to the titles; and buyer on completion; and (c) provide the seller with an offi cial copy of the register relating to (b) the buyer must covenant with the seller to hold it in accordance such lease showing itself registered as proprietor. with the terms of the tenancies and to indemnify the seller if it G27.2 This condition G27.2 applies where the lot comprises part of a does not do so. registered title. The buyer must at its own expense and as soon as practicable: G23. Rent reviews (a) apply for registration of the transfer; G23.1 This condition G23 applies where the lot is sold subject to a (b) provide the seller with an offi cial copy and title plan for the tenancy under which a rent review due on or before the actual buyer’s new title; and completion date has not been agreed or determined. (c) join in any representations the seller may properly make to Land G23.2 The seller may continue negotiations or rent review proceedings Registry relating to the application. up to the actual completion date but may not agree the level of the revised rent or commence rent review proceedings without the G28. Notices and other communications written consent of the buyer, such consent not to be unreasonably G28.1 All communications, including notices, must be in writing. withheld or delayed. Communication to or by the seller or the buyer may be given to or G23.3 Following completion the buyer must complete rent review by their conveyancers. negotiations or proceedings as soon as reasonably practicable G28.2 A communication may be relied on if: but may not agree the level of the revised rent without the written (a) delivered by hand; or consent of the seller, such consent not to be unreasonably (b) made electronically and personally acknowledged (automatic withheld or delayed. acknowledgement does not count); or G23.4 The seller must promptly: (c) there is proof that it was sent to the address of the person to (a) give to the buyer full details of all rent review negotiations and whom it is to be given (as specifi ed in the sale memorandum) proceedings, including copies of all correspondence and other by a postal service that offers normally to deliver mail the next papers; and following business day. (b) use all reasonable endeavours to substitute the buyer for the G28.3 A communication is to be treated as received: seller in any rent review proceedings. (a) when delivered, if delivered by hand; or G23.5 The seller and the buyer are to keep each other informed of the (b) when personally acknowledged, if made electronically; but progress of the rent review and have regard to any proposals the if delivered or made after 1700 hours on a business day other makes in relation to it. a communication is to be treated as received on the next G23.6 When the rent review has been agreed or determined the buyer business day. must account to the seller for any increased rent and interest G28.4 A communication sent by a postal service that offers normally to recovered from the tenant that relates to the seller’s period of deliver mail the next following business day will be treated as ownership within fi ve business days of receipt of cleared funds. received on the second business day after it has been posted. G23.7 If a rent review is agreed or determined before completion but the increased rent and any interest recoverable from the tenant has not G29. Contracts (Rights of Third Parties) Act 1999 been received by completion the increased rent and any interest No one is intended to have any benefi t under the contract pursuant recoverable is to be treated as arrears. to the Contract (Rights of Third Parties) Act 1999.

34 Extra-Common Auction Conditions

Extra General Conditions of Sale Applicable to All Lots • If a cheque for all or part of the deposit is not cleared on fi rst presentation, the auctioneers are under no obligation to re- present the cheque, but should they do so (at their sole discretion) then the buyer will pay to the auctioneers a fee of £100 plus VAT, such payment being due whether or not the cheque ultimately clears. • Vacant possession of the lot shall be given to the buyer on completion except where stated in the special conditions. The buyer accepts that vacant possession of the whole or any part of the lot offered with vacant possession notwithstanding that: • There may be furniture fi ttings or effects remaining at the lot in which case the buyer shall not be entitled to require the removal of such items or delay completion on the grounds that the existence of such items does not constitute vacant possession, and: • That all or part of the lot whether comprising a house, part of a house, fl at or fl ats may not legally be used for immediate residential occupation. • The buyer will pay to the auctioneers a Buyers Administration Fee of £500 plus VAT. If for any reason this sum is not paid on exchange of contracts then it will be payable to the seller’s solicitors on completion in addition to the purchase price. • Any description of the lot which includes reference to its use does not imply or warrant that it may be legally used for that purpose. • If the buyer is unable to provide adequate means of identifi cation in the auction room either for himself or for the contractual buyer (if this is different) the auctioneers may retain the sale memorandum signed by or on behalf of the seller until such identifi cation is produced and in the absence of its production may (as agents for the seller) treat this as the buyers repudiation of the contract and re-offer the lot for sale. • The auctioneers shall be under no fi nancial liability in respect of any matters arising out of the auction or the particulars of any lot or any of the conditions relating to any lot. No claims shall be made against the auctioneers by the buyer in respect of any loss or damage or claim actually or allegedly suffered by or made against the buyer by reason of the buyer entering into the contract. • The auctioneers have undertaken their best endeavours to satisfy themselves as to the bona fi des of the seller and that he is the benefi cial owner but we give no warranty.

• The Deposit The Deposit: • Must be paid to the auctioneers by cheque or bankers draft drawn on a UK clearing bank or building society (or by such other means of payment as they may accept) • Is to be held as stakeholder save to the extent of the auctioneers’ fees and expenses which part of the deposit shall be held as agents for the seller

• Buyer’s Administration Charge Should your bid be successful you will be liable to pay a Buyer’s Administration charge of £500 plus VAT upon exchange of contracts to the Auctioneer.

• Extra Auction Conduct Conditions Despite any special condition to the contrary the minimum deposit we accept is £3,000 (or the total price, if less). A special condition may, however, require a higher minimum deposit.

35 INDEX OF SELLER’S SOLICITORS

Lot 1 Mr Jac Williams Sabeers Stone Greene Solicitors 130A Uxbridge Road, London W12 8AA 020 8740 7007 Lot 2 Mr Barnard Stephens Wheeler Cooke & Sons, 1 George Street West, 01582 720175 Luton,Bedfordshire, LU12BJ Lot 3 Mr Jac Williams Sabeers Stone Greene Solicitors 130A Uxbridge Road, London W12 8AA 020 8740 7007 Lot 4 Mr Jac Williams Sabeers Stone Greene Solicitors 130A Uxbridge Road, London W12 8AA 020 8740 7007 Lot 5 Mr Peter Francis Malcolm Dear Whitfi eld Evans, 297–299 Kenton Lane, Harrow, HA3 8RR 020 8907 4366

Lot 6 Mr Peter Francis Malcolm Dear Whitfi eld Evans, 297–299 Kenton Lane, Harrow, HA3 8RR 020 8907 4366 Lot 7 Mr Peter Francis Malcolm Dear Whitfi eld Evans, 297–299 Kenton Lane, Harrow, HA3 8RR 020 8907 4366 Lot 8 Mr. Mark Hidveghy Jefferies Solicitors, 3rd Floor Dencora Court, Tylers Avenue, Southend on 017 0233 2311 Sea, Essex SS1 2BB Lot 9 Mr Amir Butt ANB Law Solicitors, 168 Park Road, Peterborough PE1 2UB 01733 565900 Lot 9A Mr Amir Butt ANB Law Solicitors, 168 Park Road, Peterborough PE1 2UB 01733 565900 Lot 10 TBC TBC TBC Lot 10A TBC TBC TBC Lot 11 Ms Glenis Graham & Rosen, 8 Parliament Street, Kingston upon Hull, North 01482 323123 Williamson Humberside HU1 2BB Lot 12 Mr Mark Hidveghy Jefferies Solicitors, 3rd Floor Dencora Court, Tylers Avenue, Southend on 017 0233 2311 Sea, Essex SS1 2BB Lot 13 Ms Khan City Law Chambers, Courtney House,12 Dudley Street, 01582 418308 Luton,Bedfordshire,LU2 ONT Lot 14 Mr Mark Hidveghy Jefferies Solicitors, 3rd Floor Dencora Court, Tylers Avenue, Southend on 017 0233 2311 Sea, Essex SS1 2BB Lot 15 Ms Nadia Menari BSG Solicitors, Prestige House, 16 Melbourne Road, Bushey, Hertfordshire 020 8950 8700 WD23 3LN Lot 15A Mr Jac Williams Sabeers Stone Greene Solicitors 130A Uxbridge Road, London W12 8AA 020 8740 7007 Lot 16 Mr Alan Hall Alan Hall Solicitors, 15 Walker Terrace, Gateshead NE8 1EB 0191 477 7224 Lot 17 Mr. Mark Hidveghy Jefferies Solicitors, 3rd Floor Dencora Court, Tylers Avenue, Southend on 017 0233 2311 Sea, Essex SS1 2BB Lot 18 Mr. Mark Hidveghy Jefferies Solicitors, 3rd Floor Dencora Court, Tylers Avenue, Southend on 017 0233 2311 Sea, Essex SS1 2BB Lot 19 Mr Alan Hall Alan Hall Solicitors, 15 Walker Terrace, Gateshead NE8 1EB 0191 477 7224 Lot 20 Mr Alan Hall Alan Hall Solicitors, 15 Walker Terrace, Gateshead NE8 1EB 0191 477 7224 Lot 21 TBC TBC TBC Lot 22 Mr Mark Hidveghy Jefferies Solicitors, 3rd Floor Dencora Court, Tylers Avenue, Southend on 017 0233 2311 Sea, Essex SS1 2BB Lot 23 Mr Peter Francis Malcolm Dear Whitfi eld Evans,297–299 Kenton Lane, Harrow, HA3 8RR 020 8907 4366 Lot 23A Mr Peter Francis Malcolm Dear Whitfi eld Evans,297–299 Kenton Lane, Harrow, HA3 8RR 020 8907 4366 Lot 24 Mr Jac Williams Sabeers Stone Greene Solicitors 130A Uxbridge Rd, London W12 8AA 020 8740 7007 Lot 25 Mr Roger Butler Kerman & Co, 200 Strand, London WC2R 1DJ 020 7539 7272 Lot 26 Mr. Mark Hidveghy Whitefi elds Solicitors, Bank House, 618 Lea Bridge Road, Leyton, London, 020 3208 0980 E10 6AP Lot 27 Mr Nasir Iqbal Blackstone Solicitors, The Courtyard, 9 Francis Grove, London SW19 4DW 020 8971 9520 Lot 28 Kiran Walia Hegarty Solicitors, 48 Broadway, Peterborough, Cambridgeshire, PE1 1YW 01733 295602 Lot 29 TBC TBC TBC Lot 30 Mr. Mark Hidveghy Whitefi elds Solicitors, Bank House, 618 Lea Bridge Road, Leyton, London, 017 0233 2311 E10 6AP Lot 31 Mr Jac Williams Sabeers Stone Greene Solicitors 130A Uxbridge Road, London W12 8AA 020 8740 7007 Lot 32 Mr Jac Williams Sabeers Stone Greene Solicitors 130A Uxbridge Road, London W12 8AA 020 8740 7007 Lot 33 TBC TBC TBC Lot 34 Ms Amanda Birchall Blackburn Law, 180 Cambridge Road, Church town Southport, 01704 215012 Tomkins PR9 7LW Lot 35 Mr Peter Francis Malcolm Dear Whitfi eld Evans, 297–299 Kenton Lane, Harrow, HA3 8RR 020 8907 4366 Lot 36 Yvonne Dudhill Hegarty Solicitors, 48 Broadway Peterborough, Cambridgeshire, PE1 1YW 01733 295602

36 Notes

37 Registration Form for Proxy, Telephone or Internet Bidding

MS Auctions will have no liability or responsibility • You being unobtainable by telephone or becoming whatsoever towards You in the event of Your disconnected during the course of bidding by • Unclear instructions telephone or via the internet • Error, lack of clarity or confusion regarding the • Any other factor beyond MS Auctions’ control. Registration Form or the deposit In any such case, neither the Auctioneer nor any member • Any change in the date, time and/or venue for the or employee of MS Auctions shall be held responsible or auction liable for any loss, cost, claim, demand or damage that You may incur as a result. • Interruption or suspension of telephone bidding services

Section One – Registration details Section Two – Details for completion of sale Lot Number(s) memorandum Full name, address and telephone number of the Buyer (ie the person, fi rm or company who is intended to be the owner of the Property. This name will be entered in the Sale Memorandum. Changes may not be made without the seller’s prior consent. References to “nominees”, “associates” or similar are unacceptable.)

Please select a method of bidding Name ......

Proxy Telephone Internet Address ......

Validity: once we receive an authority to bid form from you ...... it is binding, this is to allow for the possibility of the seller agreeing to sell after the auction when the bidding has not ...... Postcode ...... reached the reserve in the room. Tel No ...... Date of Auction ...... Fax No ...... Address of Lot ...... E-mail ...... Buyer’s Solicitor’s name, address and telephone number ...... Postcode ...... Name of Firm ...... Maximum Bid Price exclusive of VAT Address ...... £ ...... (in words) ...... Postcode ...... Bidder Contact Details For the Attention of ...... Full Name ...... Tel No ...... Address ...... Fax No ...... I acknowledge and agree that MS Auctions may take ...... Postcode ...... photocopies of my identifi cation documents and that such copies may be retained for MS Auctions records in order Business Tel No ...... to comply with their bidder identifi cation procedures and in Mobile ...... accordance with RICS Best Practice guidelines on bidder identity verifi cation. Home Tel No ...... I instruct and authorise MS Auctions to bid on my behalf in accordance with the Terms and Conditions and I understand Email ...... that should my bid be successful the offer will be binding upon (required for internet bidding) me and that I will be legally bound jointly and separately with the intended Buyer (where the Buyer is different) by the applicable Identifi cation – Please supply a copy of your driving licence or Conditions of Sale (as defi ned in the Terms and Conditions). passport by way of photo identifi cation AND a copy of a recent MS Auctions will bid on my behalf if required, taking my utility bill or bank statement as proof of Your current address. instructions in this respect on the telephone when the relevant I enclose a cheque payable to MS Auctions (unless otherwise Lot is being sold at the Auction. I authorise you to record such directed) for 10% deposit (subject to a minimum of £2000) bidding and instructions in order to avoid any doubts or disputes. (NB. in the case of telephone or internet bidding a pre-signed, Signature of the Bidder, for and on behalf of the Bidder and (if blank cheque may be submitted – please see clause 2 of Terms different) the intended Buyer: and Conditions) (cheques will not be banked unless the bid is successful)

£ ...... (enclosed within) ...... A Buyer’s Fee is payable by the buyer to the Auctioneers upon Name and address of signatory in block capitals the fall of the hammer as follows: ......

...... £500 + VAT ......

Date of Signing ......

38 Memorandum of Sale

Date of Auction ...... Lot ......

Property Address ......

......

......

...... Postcode ......

SELLER ......

Purchase Price £ ......

Deposit (£3,000) £ ......

Balance £ ......

Exchange Date Dated this ...... day of ...... 2014

Completion Date ...... day of ...... 2014

The Buyer(s) Full names ......

Address ......

......

......

...... Postcode ......

Telephone Numbers: Work ...... Home ...... Mobile ......

THE BUYER’S Full Names ...... AGENT

Capacity ......

Address ......

......

...... Postcode ......

Tel Nos ......

SOLICITOR/ Firm ...... CONVEYANCER

Address ......

......

...... Postcode ......

Person Dealing ...... Tel ......

Declarations I/We the above named Buyer(s) hereby acknowledge that I/we have today purchased the property described above and in the attached particulars and have paid to the Auctioneers the above mentioned deposit in part payment of the above mentioned purchase price. I/we confi rm that the above mentioned buyer’s conveyancer is the person duly authorised to accept notices on behalf of the buyer(s) for the purposes of the General and Special Conditions. I/we acknowledge my/our agreement to pay the remainder of the purchase price and to complete the purchase in accordance with the annexed General and Special Conditions of Sale and any relevant entry on the Addendum. It is further acknowledged and warranted that I as the person who bid for the property have signed the Memorandum. If not the buyer(s) named above have authority to act on behalf of the buyer(s). I have read, understand and agree to the page at the beginning of this catalogue headed ‘Important Notice’ and the section entitled ‘Auction Conditions’ printed at the rear. We, as agents for the seller, hereby confi rm the sale and acknowledge receipt of the above mentioned deposit in accordance with the General and Special Conditions of Sale applicable and any relevant entry on the Addendum.

Signed by the Buyer or on his behalf ......

Signed by and on behalf of the Auctioneers as agents for the Vendors ......

39 Auction Bidder’s Registration Form

This form is NOT the contract Radisson Blu Portman Hotel London, 22 Portman Square, London W1H 7BG. 2nd April 2014 12 noon Please complete the details below and return this sheet to the Registration Desk where you will be provided with a Bidding Number.

BUYER’S DETAILS BIDDER’S NO.

Name(s) ......

Address ......

......

Postcode ...... Tel No......

Contact Name ...... Email: ......

BUYER’S SOLICITOR’S DETAILS

Name of Company ......

Address ......

......

Postcode ...... Tel No......

Contact Name ...... Email: ......

IF YOU ARE INTENDING TO BID ON BEHALF OF SOMEONE ELSE PLEASE COMPLETE THE FOLLOWING BOX: (NOTE: PROOF OF AUTHORISATION WILL NORMALLY BE REQUIRED). INTENDED BUYER’S DETAILS

Name of Company ......

Address ......

......

Postcode ...... Tel No......

INFORMATION: Are You? Did you respond to: Estates Gazette Direct Mail Marketing Owner Occupier Investor Builder Local Press Web Site Advertisement Developer Other (please state) Sale Board Other (please state)

HOW ARE YOU INTENDING TO PAY YOUR DEPOSIT? PERSONAL CHEQUE COMPANY CHEQUE BUILDING SOCIETY CHEQUE BANKER’S DRAFT MAESTRO/DELTA

NB: If paying by Maestro/Delta your bank needs to be informed beforehand to avoid delay.

PLEASE DO NOT FORGET TO PROVIDE THE MEANS TO ALSO PAY THE CONTRACT DOCUMENT CHARGE, EITHER BY SEPARATE CHEQUE OR BY ADDING THE CHARGE TO THE DEPOSIT. List A – Evidence of identity – including photograph • Valid passport • A valid identity card (HM Forces, Police Warrant Card, • New style full driving licence with photograph Prison Offi cer, Government/local authority issued)

List B – Evidence of residence • Inland Revenue tax notifi cation, self assessment statement or • An original utility bill less than three months old tax demand • An original council rent book showing rent paid for the last • An original council tax bill less than three months old three months • An original mortgage statement for the mortgage accounting • An original statement for either current bank, building society or year just ended credit card account which must be less than three months old • Household insurance certifi cate

PLEASE TICK THIS BOX IF YOU WOULD NOT LIKE TO BE PUT ONTO OUR AUCTION DATABASE PLEASE INDICATE WHICH OF OUR PROPERTIES YOU ARE INTERESTED IN TODAY BY LOT NUMBER FOR OFFICIAL USE ONLY

Means of Identifi cation LIST A Valid Passport Photocard Driving Licence LIST B Credit Card/Bank Statement Utility Bill

Other (please state) ...... 40 41 2014 Auction Dates

Wednesday 2nd April Wednesday 23rd July to be confi rmed Thursday 4th September Wednesday 15th October Monday 1st December

MS Auctions Residential & Commercial Property Auctioneers Phone: +44 (0) 208 998 8464 +44 (0) 208 997 5878 Email: [email protected] Web: www.msauctions.co.uk

We are now taking entries for our next auction taking place on Wednesday 23rd July 2014