Feb FC_Layout 1 25/01/2012 11:50 Page 1 60 LOTS

Cumbria Land & Property Auctioneers

DAY ONE DAY TWO THURSDAY 23rd FEBRUARY 2012 2.00pm FRIDAY 24th FEBRUARY 2012 2.00pm RACECOURSE, DURDAR ROAD, CARLISLE CA2 4TS CORONATION HALL, COUNTY SQUARE, LA12 7LZ LOTS 1-39 LOTS 40-60

North South Cumbria

the property auction specialists Feb IFC_Layout 1 25/01/2012 09:40 Page 1

60 Lots For Sale By Auction (Unless previously sold or withdrawn)

Auction Venues

Carlisle Coronation Hall Racecourse County Square, Durdar Road, Carlisle Ulverston CA2 4TS LA12 7LZ

How to find the Racecourse... How to find Coronation Hall... From the North and South: Come off junction 42 of the M6. Follow signs for Located only 30 minutes from the M6 Coronation Hall is ideally situated at the Dalston. Follow the road for approx. 2 miles until you reach the Black Lion pub and heart of South Cumbria. 1 turn right. The racecourse is approx. ⁄2 a mile on the left hand side. The Hall is situated adjacent to the A590 trunk road which runs through Ulverston. From the East: Take A69 or A66 to M6 motorway. Join the M6 and come off at Take junction 36 off the M6 motorway, travel along the A590 for approximately 23 junction 42 and follow directions above. miles. As you enter Ulverston you will see a Booths Supermarket, continue along From the West: Travel along the A595 following signs for Carlisle. Approx. 1 mile the main road and across another roundabout to a set of traffic lights. Coronation after Thursby roundabout take right signposted for Dalston. At T junction in Dalston Hall is on your right hand side. Turn right at the lights and around the small turn right. Follow road until reach Bridge End pub. Turn left over the bridge and roundabout. You can drop off directly outside the front entrance to the theatre follow signs for Durdar. When you reach the next junction turn left. The racecourse and/or continue to a car park. 1 is approx. ⁄2 a mile on the left hand side.

Auction Office 23-25 Castle Street, Carlisle CA3 8SY Tel: 0845 872 5452 Fax: 01228 818419 Email: [email protected] www.auctionhouse.uk.net

Legals Online - Legals Online - Legals Online

Legal Documents Legal documents for some of the lots are now or will be Legals available online. Where you see the icon on the website E i you will be able to download the documents. AUCTION Service provided by The Essential Information Group Ltd -- www.eigroup.co.uk -- Tel: 0870 112 30 40 Page 3_Layout 1 25/01/2012 13:06 Page 1

Message from the Auctioneer

December auction results!!!

£2.5 million of property sold

Lots Offered Lots Sold Sales% Sales Value Carlisle 30 24 80% £1,858,755 Ulverston 9 9 100% £628,500 Colin West M.N.A.E.A - Total 39 33 85% £2,487,255 Director (Auctioneer)

The figures speak for themselves, we are committed to entering only suitable lots at attractive prices with realistic reserves, all the December lots had legal packs available and they have all completed without complications as a legally binding contract is formed on the fall of the gavel.

A note to buyers and sellers There are two types of auction - conditional and non conditional - the differences are shown below:

Non Conditional Conditional

Legal exchange of contract on auction day 4 8

Legal completion within 28 days 4 8 Legal documents available for inspection prior to 4 8 bidding Ability for sale to ‘fall through’ 8 4

At Auction House Cumbria we offer non conditional auctions - we believe that this offers transparency of sale to both the seller and the buyer. There are other auction companies predominantly offering conditional sales where a non refundable deposit is payable without any legal documents being available - Please be careful not to compare these directly as these offer a very different service and type of sale. There are also other auction companies where the buyer pays a buyers premium of 5% + VAT (minimum £5,000 + VAT). This effectively pays for the vendors fees (auctioneers fees, introducing agents fees and marketing fees) this is added to the purchase price. Please note that this does not apply to any of the lots in this catalogue, our vendors pay their own fees, what you pay is what you bid.

Bidding Registration. Registering to bid has proved to be a huge success, if you are interested in any of the lots in this catalogue please contact us to pre-register or register on the day. If you have already registered in a previous auction you will simply be allocated a bidding paddle on the day. Benefits: You will be automatically entered onto the catalogue mailing list. You will be the first to be contacted about unsold lots. You only have to register once. You can bid on multiple lots. You will receive email updates, results sheets, late entries, guide price reductions, lots being offered by formal or informal tender, catalogue dead-lines and more. Page 4_Layout 1 25/01/2012 09:43 Page 1

Auction information

The Catalogue Details of the property and land to be sold are Proof of Identification In order to abide by the money laundering set out in this catalogue. All lots are sold subject to Special regulations we ask that all prospective purchasers provide proof of Conditions of Sale. It is important that prospective purchasers satisfy identity. Please bring your passport or photographic UK driving themselves as to the location, boundaries, condition and state of the licence and a current utility bill, bank statement or council tax bill to lots before the auction. the auction. If purchasing on behalf of a company you will also need to present proof of your position within the company and company Plans and Photographs The plans and photographs published in letterhead. the catalogue are to aid identification of the property only. The plans are not to scale. Solicitors Details The name, address and telephone number of the Guide Prices Guide prices quoted in the catalogue are provided as solicitor who will be acting for you in any purchase will be required indication only and may change at any time prior to the auction. The before you leave the auction room. sale price will be dependent on bidding in the auction room and on the Vendors' instructions. Deposit When you buy a property you will be approached by a member of Auction House staff and asked to go to the cashiers Reserve Price Each property will be sold subject to a reserve price. desk to sign the Memorandum of Sale. You will be asked to pay a This is a confidential figure set between the Vendor and the deposit of 10% of the purchase price subject to a minimum deposit Auctioneer. It is a figure below which the Auctioneer cannot sell the of £3,000. Deposits can only be paid by bankers draft, building property. society cheque or personal cheque. Cash or card payments will not be accepted. Please note, should the cheque have to be The Legal Aspect Buying at auction is a contractual commitment. represented, an administration charge of £50.00 + VAT will be Before making an offer prior to auction or bidding at the auction it charged by deduction from the deposit. is advisable to consult a solicitor regarding the General and Special Conditions of Sale, the local authority search and other legal documentation. The Contract The Memorandum of Sale will be signed in duplicate. One copy will be given to you, which you must give to your solicitor. Pre Auction Sales Offers made on property included in this The second copy will be retained by the Vendors’ solicitor. Completion catalogue may be accepted by the Vendor prior to the auction. If you usually takes place after 28 days but this date can vary. The legal are intending to bid at the auction for a specific lot, we recommend pack of each property will state the completion date due. The date that you keep in contact with the Auctioneer's office. will also be announced immediately prior to the commencement of bidding of each lot. The Auctioneers or Vendors cannot be held responsible for costs incurred in respect of any lot which is withdrawn or sold prior to Administration Charge Purchasers will be required to pay by auction. cheque, an administration charge of £300.00 + VAT in addition to the deposit. A VAT receipt will be issued after the auction. Attending the Auction It is always wise to allow sufficient time to get to the auction. Legal packs for most of the properties will be available for inspection. It is important you read these and the final Insurance Unless indicated to the contrary, the seller will continue addendum/alteration list which will also be available as any to be responsible for insuring the property until completion. purchase will be subject to these. Post Auction Sales If a property you are interested in is not sold Bidding Each property will be offered individually by the Auctioneer. at the auction please speak to the Auctioneer and make an offer. Ensure that your bids are clear and noticed by the Auctioneer. If you Your offer will be put forward to the Vendor and if accepted, you will are successful in bidding for the property you will be approached by be able to proceed with your purchase under auction rules. a member of Auction House staff who will request your personal information and identification. You will then be guided to the cashiers Disclaimer Particulars within this catalogue are believed to be desk for payment of the deposit. correct but their accuracy is not guaranteed. Information relating to Rating matters has been obtained by verbal enquiry only. Bidding by Proxy or Telephone If you are unable to attend the auction you are invited to contact us to discuss special Prospective purchasers are advised to make their own enquiries of arrangements for bidding by proxy or telephone. A pre auction the appropriate Authority. All measurements, areas and distances bidding form and conditions appear towards the end of this are approximate only. Potential purchasers are advised to check catalogue. them. Page 5_Layout 1 25/01/2012 12:12 Page 1

Introducing Estate Agents

List of Introducing Agents

Longtown

Brampton

Lot 18 Lot 31 Carlisle Wetheral Lot 20 Allonby Thursby Alston

Ireby Caldbeck Bassenthwaite Melmerby Hesket Skelton Newmarket Mosedale Greystoke Penrith Te m p l e Mungrisdale Dufton Thrill Sowerby Lot 9 Braithwaite Keswick Threlkeld Moulds Pooley Appleby Frizington Meaburn Glenridding Bridge -in-Westmorland Askham Cleator Lot 25 Shap Lot 12 Grange Crosby Moor Ravensworth Patterdale Bigrigg Rosthwaite Warcop Brough Wythburn St Bees Grasmere Orton Gosforth Elterwater Boot Troutbeck Te b ay Kirkby Seascale Stephen Coniston Windermere Lot 33 Ravenglass Hawks- Bowness head Selside Broughton Crook Mills Graythwaite Crosthwaite Broughton Lot 49Oxenholme -in-Furness Levens Milnthorpe Eden Estate Agents Cartmel Cork Ulverston Lot Flook- Dalton Arnside 47,48,46burgh -in-FurnessLot Grange 42,43,56,58Aldingham -over-Sands Barrow Walney Island Lot-in-Furness 40,44,45,50,51,52 53,54,55,57,60 National Park

The following agents have introduced lots to this auction.

Lot 9 Lot 43 Lot 18 Lot 12,33 Lot 20,25 Lot 31 Lot 40,43,50,51,56

Lot 41,47,54,55 Lot 48,53,57,60 Lot 42,52,58 Lot 46,59 Lot 44,45 Lot 49 Lot 44,45 Page 6_Layout 1 25/01/2012 13:39 Page 1

Order of Sale & Viewing Arrangements Thursday 23rd February 2012, Racecourse, Durdar Road, Carlisle CA2 4TS

LOT ADDRESS VIEWING GUIDE PRICE LOT TYPE

1 12 Esk Street, Longtown 01228 510552 £40,000+ Residential 2 92 Ullswater Avenue, Whitehaven 01946 591200 £50,000 - £60,000 Residential 3 105 Peel Street, Carlisle 01228 510552 £55,000 - £65,000 Residential 4 131 Whinlatter Road, Whitehaven 01946 591200 £45,000 - £55,000 Residential 5 90 Brook Street, Carlisle 01228 510552 £50,000 - £60,000 Residential 6 60 & 60A Scalegill Place, Moor Row 01946 591200 £55,000 - £65,000 Residential Investment 7 18 Ridgemount Road, Carlisle 01228 510552 £50,000+ Residential 8 61 London Road, Carlisle 01228 510552 £195,000+ Investment 9 Harrington Social & Working Mens Club, Workington 01900 602777 £85,000+ Commercial Development 10 176 Main Street, Frizington 01946 591200 £45,000+ Commercial Development 11 Wyndham Street, Surgery, 01946 591200 £40,000+ Commercial Development 12 45 Market Place, Whitehaven 01946 591200 £35,000+ Commercial 13 98 Main Street, Hensingham 01946 591200 £55,000 - £65,000 Residential 14 69 John Street, Maryport 01900 602777 £55,000 - £65,000 Residential 15 27 Flower Street, Carlisle 01228 510552 £50,000+ Residential Investment 16 13 Coleridge Drive, Egremont 01946 591200 £40,000 Residential 17 53 Lonsdale Street, Workington 01900 602777 £40,000 - £50,000 Residential 18 7 Beech Grove, Houghton 01228 510552 £100,000+ Residential 19 99 Crosby Street, Workington 01900 602777 £40,000 - £50,000 Residential 20 24 Orton Grange Park, Carlisle 01228 510552 £50,000+ Residential 21 Land Adj. Lister Terrace, Gt. Broughton 01900 602777 £25,000+ Land 22 Nevele, Harraby Grove, Carlisle 01228 510552 £110,000+ Residential 23 86 Valley View Road, Whitehaven 01946 591200 £25,000 - £35,000 Residential 24 70 Millholme Avenue, Carlisle 01228 510552 £50,000+ Residential 25 52 Moor Place, Frizington 01946 591200 £50,000 - £70,000 Residential 26 37 Monksclose Road, Carlisle 01228 510552 £45,000+ Residential 27 1 Clifton Street, Denton Holme, Carlisle 01228 510552 £95,000+ Residential 28 Waver Street, Silloth 01228 510552 £100,000+ Development Land 29 59 Briar Bank, Carlisle 01228 510552 £75,000+ Residential 30 The Binnacle, Port Carlisle 01228 510552 £145,000+ Residential 31 Building Plot at Anthorn 01228 510552 £10,000 - £15,000 Plot 32 93 Scotland Road, Penrith 01228 510552 £40,000 - £50,000 Residential 33 Cliffsyde Cottage, Seascale 01946 591200 £55,000+ Residential 34 Ground Rent - 31 Stonegarth, Morton, Carlisle 01228 510552 £8,000+ Commercial Investment 35 Ground Rent - 33 Stonegarth, Morton, Carlisle 01228 510552 £10,600+ Commercial Investment 36 Ground Rent - 25 Heysham Park Avenue, Carlisle 01228 510552 £5,100+ Commercial Investment 37 Ground Rent - 31 Central Avenue, Harraby, Carlisle 01228 510552 £10,000+ Commercial Investment 38 Ground Rent - 32 Central Avenue, Harraby, Carlisle 01228 510552 £6,000+ Commercial Investment 39 Ground Rent - 34 Central Avenue, Harraby, Carlisle 01228 510552 £5,300+ Commercial Investment

Order of Sale & Viewing Arrangements Friday 24th February 2012, Coronation Hall, County Square, Ulverston LA12 7LZ

LOT ADDRESS VIEWING GUIDE PRICE LOT TYPE

40 34 Napier Street, Barrow 01229 811811 £35,000 - £45,000 Residential 41 9 Hawk Street, Barrow 01229 825636 £35,000+ Residential 42 42 Mulberry Way, Barrow 01229 430888 £100,000+ Residential 43 137 Market Street, Dalton 01229 461362 £25,000+ Commercial 44 16 Cornwallis Street, Barrow 01229 825333 £75,000+ Commercial 45 Bluebird, Holker Street, Barrow 01229 825333 £75,000+ Commercial 46 58 Market Street (Annies Butchers), Ulverston 01229 870087 £145,000+ Commercial Investment 47 Stables Furniture Store, Ulverston 01229 582889 £250,000+ Commercial Development 48 1 Carlisle Street, Barrow 01229 839090 £35,000 - £45,000 Residential 49 3 Ivy Garth, 22 Sedbergh Road, Kendal 01539 739999 £120,000+ Residential 50 119 Kent Street, Barrow 01229 811811 £40,000+ Residential 51 19 James Street, Barrow 01229 811811 £30,000+ Residential 52 11 Arnside Street, Barrow 01229 430888 £30,000+ Residential 53 30 Coulton Street, Barrow 01229 839090 £30,000 - £40,000 Residential 54 49 James Street, Barrow 01229 825636 £30,000+ Residential 55 18 Liverpool Street, Walney, Barrow 01229 825636 £55,000+ Residential 56 4 Hill Rise, Dalton 01229 461362 £70,000+ Residential 57 34 Paradise Street, Barrow 01229 839090 £45,000 - £55,000 Residential 58 9 Ulverston Road, Lindal, Ulverston 01229 587283 £50,000+ Residential 59 32-34 Furness Park Road, Barrow 01229 870087 £125,000+ Development 60 11 Methuen Street, Walney, Barrow 01229 839090 £55,000+ Residential Page 7_Layout 1 25/01/2012 09:19 Page 1

LOT 1 Residential for improvement 12 Esk Street, Longtown, GUIDE PRICE Cumbria CA6 5PU £40,000 +

Terraced house in need of modernisation.

A spacious 2 bedroomed terraced house with central heating, double glazing and large rear yard situated just off the Town centre close to all amenities. In need of general modernisation but offering tremendous potential with:- Hall, Sitting Room, Dining Room, Kitchen, rear Porch, Bathroom. Two Bedrooms upstairs.

Description Entrance Hall Front Sitting Room - 14' x 13' Dining Room - 10'3 x 9'6 Kitchen - 11' x 9'6: with range of units Bathroom: with bath, basin & WC Rear Porch First Floor Landing Front Bedroom - 17' x 14' Rear Bedroom - 10'3 x 9'6 Outside: Large rear yard with Store.

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Bendles, 22, Portland Square, Carlisle. Tel: 01228 522215. Ref: Mrs J Kier. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 8_Layout 1 25/01/2012 09:20 Page 1

LOT 2 Residential 92 Ullswater Avenue, GUIDE PRICE Whitehaven, Cumbria CA28 8SF £50,000 - £60,000

Three bedroomed end link house with views.

An end link house situated close to local amenities, a short drive to Whitehaven and the Lakeland fells. The property benefits from central heating and double glazing. Hall, lounge, kitchen, dining room, utility and separate W.C to the ground floor. To the first floor are three bedrooms and a bathroom. Outside are front and rear gardens.

Description Hall Lounge 13'4 x 12'6 Kitchen 9'5 x 11'7 Dining Room 9'4 x 8'8 Utility 11'5 x 5'4: Plumbed for washing machine, wall units, this leads to separate W.C. First Floor Landing: Loft access, airing cupboard. Bedroom 1 - 13' x 13'2: Bedroom 2 - 12'8 x 9'3.Bedroom 3 - 8'8 x 9'2. Bathroom: Coloured 3 piece suite with shower over bath. Outside: Front and rear gardens.

Viewing To view please call 01946 591200

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council, The Copeland Centre, Catherine Street, Whitehaven, Cumbria CA28 7SJ Solicitors: HFT Gough & Co, 38/42 Lowther Street, Whitehaven, Cumbria CA28 7JU. Tel: 01946 692461. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 9_Layout 1 25/01/2012 09:20 Page 1

LOT 3 Residential 105 Peel Street, Carlisle, GUIDE PRICE Cumbria CA2 7AU £55,000 - £65,000

Two bedroomed end link house.

Situated just off Wigton Road a mile west of the City centre. This two bedroomed end link house has gas central heating, uPVC double glazing, garden and parking space. Ideal for either first time buyers or as a good investment property. It is ready for immediate occupation with Hall, Sitting Room, fitted Kitchen with oven, hob and fridge/freezer, inner hall with Cloakroom (WC). Two Bedrooms and Bathroom upstairs. Easily maintained front, side and rear gardens and driveway.

Description Ground Floor Hall Front Sitting Room 13'9 x 12'3: with gas fire/boiler. Fitted Kitchen: with range of units, built in oven and hob, fridge freezer, washing machine, tumble dryer, breakfast bar and sink unit. Inner Hall: Cloakroom with WC. First Floor Landing Front Bedroom 17'3 max x 12'6 Rear Bedroom 10'3 x 7'9 Bathroom: with bath, basin & WC Outside: Easily maintained front, side and rear gardens with driveway. Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Burnetts, 6, Victoria Place, Carlisle, CA1 1ES. Tel: 01228 552222. Ref: Mrs A Curtis. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 10_Layout 1 25/01/2012 09:21 Page 1

LOT 4 Residential 131 Whinlatter Road, GUIDE PRICE Whitehaven CA28 8DY £45,000 - £55,000

A semi detached house near Whitehaven town centre.

A semi detached house situated close to local amenities and only a short walk into Whitehaven town centre. The property has double glazing and electric storage heaters. Comprising: Hall, lounge/diner, kitchen, covered passage and utility room. Two double bedrooms and a bathroom to the first floor. Outside there is a driveway, front and rear gardens.

Description Entrance Porch & Hall Lounge/Diner 19'4 x 9'8: Open coal fire. Kitchen 11'3 x 7'8 Utility 7'10 x 7'6 Bedroom 1 14'5 x 9': Storage cupboard. Bedroom 2 11' x 10'9: Views, airing cupboard/water tank. Bathroom: White 3 piece suite with shower over bath. Outside: Front and rear gardens with driveway providing off road parking.

Viewing To view call 01946 591200

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council, The Copeland Centre, Catherine Street, Whitehaven, Cumbria CA28 7SJ Solicitors: HFT Gough & Co, 38-42 Lowther Street, Whitehaven, Cumbria CA28 7JU. Tel: 01946 692461. Ref: Mr M Sandeland. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 11_Layout 1 25/01/2012 09:22 Page 1

LOT 5 Residential 90 Brook Street, Carlisle, GUIDE PRICE Cumbria CA1 2HP £50,000 - £60,000

Conveniently located double fronted terraced house.

A double fronted terraced house with uPVC double glazing and gas central heating conveniently located close to local amenities, the University and the City centre. In need of some modernisation but offering tremendous potential with:- Entrance Lobby, Front Sitting Room, Kitchen. Upstairs are currently 3 bedrooms - this could easily be changed back to 2 bedrooms if preferred - and Bathroom.

Description Entrance lobby Front Sitting Room 13'6 x 11'6 Kitchen 13'6 x 6'3: with range of wall and base units, stainless steel sink and drainer, electric oven with gas hob and extractor over, plumbing for washing machine, uPVC d/g window to front and rear, door to rear yard First Floor Landing Bedroom 1 12' x 8'6 Bedroom 2 11'3 x 7'6 Bedroom 3 7' x 5' Bathroom: with panelled bath, wash hand basin and WC Outside: Small rear yard with gated pedestrian access

Viewing To View please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Butterworths, 24, Lowther Street, Carlisle, CA3 8DA. Tel: 01228 593939. Ref: Mr C Sherdley. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 12_Layout 1 25/01/2012 09:23 Page 1

LOT 6 Residential Investment

60 & 60A Scalegill Place, Moor Row, GUIDE PRICE Nr Whitehaven, CA24 3JU £55,000 - £65,000

Two flats for sale with tenants making this purchase an ideal investment opportunity.

An excellent investment opportunity to purchase a two bedroom and a one bedroom flat situated in the village of Moor Row on the outskirts of Whitehaven. Both flats are currently tenanted with long term tenants and have a combined rental income of £640 PCM. Both Flats have gas central heating (combi boiler) and uPVC double glazing throughout. Fantastic investment opportunity with a great yield, immediate income with no void period.

Description 60A Scalegill Place - Ground floor, 2 bedrooms: Hall, Lounge/Diner 25' x 12', Bedroom 14' x 18', Bathroom 8'4 x 8'2 - 3 piece suite with shower over bath Kitchen Diner 8'10 x 13'2 - fitted units & partly tiled Bedroom 2 - 16' x 13' at widest Utility & Separete WC with whb.

60 Scalegill Place - First floor, 1 bedroom: Hall with access to converted utility, Stair case to First floor landing, Hall, Kitchen 15' x 6'8 - fitted units & partly tiled Lounge/Diner 15'1 x 12' with Electric fireplace wood surround & marble hearth, Bedroom 12' x 11' - Built-in wardrobe Bathroom 8'2 x 9'6 - Three piece suite part tiled.

Viewing To view please call 01946 591200

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council Solicitors: HFT Gough & Co, 38-42 Lowther Street, Whitehaven, Cumbria CA28 7JU. Tel: 01946 692461. Ref: Mrs J Herbert. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 13_Layout 1 25/01/2012 09:24 Page 1

LOT 7 Residential 18 Ridgemount Road, Carlisle, GUIDE PRICE Cumbria CA1 3DJ £50,000 +

A three bedroomed end link house.

A three bedroomed end link house with gas central heating, uPVC double glazing and garden situated at the head of a cul-de- sac, just off London Road, on the south side of the City. In need of general cosmetic improvement and offering good potential with:- Hall, Lounge, Dining Kitchen. Three Bedrooms, Shower Room & WC upstairs.

Description Ground Floor: Entrance Hall with stairs off Lounge 17' x 12' Dining Kitchen 17' x 12' Rear Store & WC

First Floor: Landing Front Bedroom 12'3 x 11' Front Bedroom 11' x 9' Rear Bedroom 9'6 x 7' Shower Room 6' x 4'9 Separate WC Outside: Easily maintained front garden with driveway.Lawned side and rear gardens.

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Bendles, 22, Portland Square, Carlisle. Tel: 01228 522215. Ref: Mrs J Kier. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 14_Layout 1 25/01/2012 09:25 Page 1

LOT 8 Residential Investments 61 London Road, Carlisle, GUIDE PRICE Cumbria CA1 2LE £195,000 +

Residential Investment Property A superb residential investment property producing approx £27,500 p.a. including income from electric coin meters, giving a gross yield of about 14% from 6 flats (each with their own bathroom and kitchen facilities) conveniently situated about one mile south of the City centre.

Description Ground Floor - Flat 1: Front Room with separate Shower Room & WC. Let at £70 per week Ground Floor - Flat 2: Rear Room with En-suite Shower & WC. Let at £346.67 per month Ground Floor - Communal Utility Room & Cellar First Floor - Flat 3: Rear Room with separate Shower Room & WC. Let at £80 per week First Floor - Flat 4: Rear Room with En-suite Shower & WC. Let at £80 per week First Floor - Flat 5: Front Room with En-suite Shower & WC. Let at £70 per week Second Floor - Flat 6: with Living/Bedroom, separate Kitchen & Bathroom with WC. Let at £377 per month Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Burnetts, 6, Victoria Place, Carlisle, CA1 1ES. Tel: 01228 552222. Ref: Ms C Logan. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 15_Layout 1 25/01/2012 13:15 Page 1

LOT 9 Commercial Development

Harrington Social & Working Mens Club, GUIDE PRICE Grecian Terrace, Harrington CA14 5QD £85,000 +

Club/Development Opportunity Benefitting From Income.

Substantially sized, 545 sq m (5864 sq ft) three/four storey building formerly used as a Working Mens Club however subject to planning suitable for a variety of uses including conversion to residential units. Benefits from large car parking area offering scope for additional development plus the premises also produce an income from a lease in respect of telecommunications equipment located to the rear of the premises. It is understood that the income is approximately £4000 per annum.

Selling on instructions from LPA Reveivers

Description Accommodation: Ground Floor: Entrance Lobby; Main Bar; Lounge Area; Games Area; Ladies Toilet; second Entrance Lobby; Gents Toilets; Beer Cellar; Store; Kitchen/Store. First Floor: Entrance Hall; Main Bar; Lounge (off bar); Ladies Toilets; Gents Toilets. Mezzanine floor between 1st and 2nd floor: Bathroom, WC. Second Floor: Five rooms with wash hand basins formerly being letting rooms and one room with its own bathroom. Third Floor: Two attic rooms.

Viewing To view please call 01900 602777

Joint Agent

Tenure: See Legal Pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Borough Council Solicitors: Lunn Groves, Sterling House, 158 Hagley Road, Oldswin Ford, West Midlands, DY8 2JL. Tel: 01384 397355. Ref: Mr D Lunn or Ms C Lees Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 16_Layout 1 25/01/2012 09:26 Page 1

LOT 10 Commercial/Development 176 Main Street (E. Gilchrist), GUIDE PRICE Frizington, Cumbria CA26 3SB £45,000 +

Commercial premises in popular location.

Commercial Premises recently a Butchers Shop. Laid out over three floors with two Offices and an attic room.Could be easily converted to provide a variety of uses subject to the necessary planning consents. Situated in a busy residential area, close to other amenities.

Description Ground Floor - Approx area 472 sq ft: Shop, cold rrom, work room, back room.

First Floor - Approx area 384 sq ft: 2 offices.

Attic Room - Aprox area 243 sq ft

Viewing To view please call 01946 591200

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council, Catherine Street, Whitehaven, Cumbria CA28 7SJ Solicitors: Oglethorpe & Broatch, 6 Borrowdale Road, Keswick, Cumbria CA12 5DB. Tel: 01768 772125. Ref: Ms C Madden. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 17_Layout 1 25/01/2012 09:27 Page 1

LOT 11 Commercial Development Wyndham Street Doctors Surgery, GUIDE PRICE Cleator Moor CA25 5AN £40,000 +

Offices/Development Opportunity.

Well presented premises with car parking in town centre locationFormerly used as a doctors surgery/offices. Suitable subject to planning for a variety of uses or potential for conversion to residential use. Alternatively may be suitable for demolition and new build of approximately six dwellings.

Description Accommodation: Gross internal floor area of 210 sq m (2260 sq ft) with 143.25 sq m (1541 sq ft) of office accommodation.

Office 1: 4.63m x 3.86m

Office 2: 4.58m x 3.51m

Office 3: 3.38m x 2.96m + consulting 2.11m x 2.27m

Office 4: 3.41m x 4.82m

Office 5: 3.11m x 3.44m + consulting 2.43m x 2.73m

Separate Disabled, Gents, Ladies and Staff Toilets

Reception Area: 4.71m x 4.91m

Office 6: 6.58m x 2.72m

Office 7: 2.07m x 2.73m

Office 8: 2.74m x 5.13m

Store: 1.7m x 1.78m

Viewing To view please call 01946 591200

Tenure: See Legal Pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council, The Copeland Centre, Catherine Street, Whitehaven, CA28 7JS Solicitors: Bleasdale & Co, 14 Scotch Street, Whitehaven, CA28 7NQ. Tel: 01946 692165. Ref: Roger Wilson. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 18_Layout 1 25/01/2012 09:27 Page 1

LOT 12 Commercial 45 Market Place, Whitehaven, GUIDE PRICE Cumbria CA28 7JB £35,000 +

Retail premises with 2 floors above including proposed plans for alteration.

Situated in the centre of Whitehaven this property is laid out over three floors in addition to a cellar and attic room. This property is in need of a complete refit however offering scope for a wide variety of uses subject to obtaining the necessary planning consents. Proposed plans indicate potential alternative layout with retail, staff room and one bedroomed living accommodation making this property and ideal investment in an ideal location. Description Ground Floor Shop Unit 31' x 13': Original Range Fireplace. Cellar First Floor: ROOM 1 - 12'2" x 12' with built in cupboard & original fireplace. ROOM 2 - 10'6 x 13'6 with original panelling. Second Floor: ROOM 1 - 13'6 x 12' with original fireplace. ROOM 2 - 13'6 x 11'5 (MAX) with original fireplace. Attic Room 13'6 x 24'6 (MAX) Viewing To view please call 01946 591200

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council, The Copeland Centre, Catherine Street, Whitehaven, Cumbria CA28 7SJ Solicitors: HFT Gough & Co, 38/42 Lowether Street, Whitehaven, Cumbria Ca28 7JU. Tel: 01946 692461. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale.

Proposed Plans Page 19_Layout 1 25/01/2012 09:29 Page 1

LOT 13 Residential 98 Main Street, Hensingham, GUIDE PRICE Whitehaven, Cumbria CA28 8QX £55,000 - £65,000

A well presented and modernised mid terraced house.

This mid terraced property is situated close to local amenities and convenient for the Lakeland fells. The property benefits from gas central heating and double glazing, lounge/diner and kitchen. Two bedrooms and bathroom to the first floor. Outside to the rear is a paved garden.

Description Lounge/Diner 22'8 x 10': Gas fire, laminate flooring, staircase to first floor. Kitchen 10'4 x 5'9: Fitted units, integrated electic oven with gas hob, stainless steel sink with drainer. First Floor Landing Bedroom 1 - 11' x 10' Bedroom 2 - 9' x 6'5 Bathroom 9' x 5'9: Modern 3 piece white suite with electic shower over bath. Outside: Low maintenance paved garden with shed.

Viewing To view please call 01946 591200

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council, Catherine Street, Whitehaven, Cumbria CA28 7SJ Solicitors: HFT Gough & Co, 38-42 Lowther Street, Whitehaven, Cumbria CA28 7JU. Tel: 01946 692461. Ref: Mr M Sandelands. Plans and Photographs: The plans and photographs are there to aid Page 20_Layout 1 25/01/2012 09:29 Page 1

LOT 14 Residential 69 John Street, Maryport, GUIDE PRICE Cumbria CA15 6LJ £55,000 - £65,000

Spacious terraced house with three bedrooms and two bathrooms.

A spacious terrace house with three double bedrooms, a large bathroom and additional shower room. Two reception rooms, kitchen, rear yard, basement rooms. Also benefiting from double glazing. Modernisation required. Ideal investment or first time purchase.

Description Reception Room 12'3 x 12'6 2nd Reception Room 12'6 x 16'3 Kitchen 13'3 x 4'6 Rear Hall Shower Room First Floor Bedroom 1 - 11'6 x 12'6: Bedroom 2 11'6 x 10'9 Bedroom 3 10'3 x 11'6 Bathroom 11'6 x 10'6 Outside: Block paved yard. Basement Utility Room:

Viewing To view please call 01900 602777

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Allerdale Borough Council, Allerdale House, Workington, Cumbria, CA14 3YJ Solicitors: Brockbanks, 68 Curzon Street, Maryport Cumbria CA15 6DA. Tel: 01900 813488. Ref: Ms C Harris. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 21_Layout 1 25/01/2012 09:30 Page 1

LOT 15 Residential Investments 27 Flower Street, Carlisle, GUIDE PRICE Cumbria CA1 2JN £50,000 +

Tenanted house producing gross yield of 10%.

A two bedroomed terraced house with combi gas central heating and first floor bathroom conveniently situated close to the City centre and University. The property is currently let on an Assured Shorthold Tenancy at £430 per month giving an excellent gross yield of over 10%. It comprises:- Front Sitting Room, Kitchen. Upstairs are Two Bedrooms and Bathroom with WC. Shared rear yard.

Description Front Sitting Room 13'6 x 13'6 Kitchen 9'9 x 7': with range of units and plumbing for washing machine First Floor Landing Front Bedroom 13' x 12'9: with built in cupboards Rear Bedroom 8' x 7'9 Bathroom 7' x 4'6: with bath with shower over and tiled surround, basin & WC Outside: Shared rear yard

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Cartmel Shepherd, Viaduct House, Victoria Viaduct, Carlisle, CA3 8EZ. Tel: 01228 516666. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 22_Layout 1 25/01/2012 13:13 Page 1

LOT 16 Residential 13 Coleridge Drive, Egremont, GUIDE PRICE Cumbria CA22 2EU £40,000 +

Three bedroomed mid link house with gardens.

A mid link house pleasantly situated on a popular residential estate. The property benefits from double glazing and central heating. The accommodation comprises: Hall, lounge/diner, dining kitchen and utility. To the first floor are three good sized bedrooms and a bathroom. Front and rear gardens.

Description Hall Lounge/Diner 21'7 x 10'4 Dining Kitchen 18'4 x 8'1 to 5'9: Dining Kitchen 5.59m(18'4)x2.72m(8'11) to 5'9 Fitted units and breakfast bar, integrated electric oven, gas hob, extractor, stainless steel sink, part tiled. Utility 7'2 x 4'4: Fitted work top, part tiled. First Floor Landing: Built-in cupboard, airing cupboard. Bedroom 1 - 13'7 x 11' Bedroom 2 - 12'1 x 9'10 Bedroom 3 - 11'4 x 6' Bathroom 7'4 x 5' 3 piece white suite with electirc shower over bath. Outside: Front & rear gardens.

Viewing To View please call 01946 591200

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council, The Copeland Centre, Catherine Street, Whitehaven, Cumbria CA28 7SJ Solicitors: TBC Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 23_Layout 1 25/01/2012 09:31 Page 1

LOT 17 Residential 53 Lonsdale Street, GUIDE PRICE Workington, CA14 2YD £40,000 - £50,000

Mid terraced house with two bedroom and two reception rooms.

A two bedroom mid terraced house situated close to the town centre. Partially double glazed and briefly comprising - vestibule, two reception rooms, kitchen, ground floor bathroom Two double bedrooms to the first floor. Outside there is a rear yard. This is an ideal investment purchase.

Description Entrance Vestibule: Front Lounge 12'9 x 10'6 Rear Living Room 13' x 10'3 Kitchen 5'9 x 7'9: Wall & floor units, sink Bathroom: Bath with shower over, pedestal sink, WC, wall mounted boiler. First Floor: Bedroom 1 10'6 x 13' Bedroom 2 10'6 x 13'3 Outside: An enclosed rear yard

Viewing To view please call 01900 602777

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Allerdale Borough Council, Allerdale House, Workington, Cumbria CA14 3YJ Solicitors: Milburns, Oxford Street, Workington, Cumbria CA14 2AL. Tel: 01900 67363. Ref: Mrs K Hill. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 24_Layout 1 25/01/2012 09:32 Page 1

LOT 18 Residential 7 Beech Grove, Houghton, GUIDE PRICE Carlisle, Cumbria CA3 0NU £100,000 +

Semi-detached bungalow in village location.

A two bedroomed semi-detached bungalow with gas central heating, uPVC double glazing, fitted kitchen, carport, garage and gardens situated in this popular village some 3 miles north of the City with easy access to the M6 motorway. Most competitively priced and offering:- Porch, Lounge, fitted Kitchen, inner Hall, Two Bedrooms and Bathroom.

Description Front Porch Lounge 13'9 x 12'3: with gas fire Dining Kitchen 12'3 x 8'6: with range of units, oven and hob Inner Hall Bedroom 1 12' x 7'9: with fitted cupbiards and drawers Bedroom 2 11'9 x 8'3: with door to rear garden Bathroom 8'6 x 5': with bath with shower over, basin & WC Outside: Easily maintained front garden, driveway, Carport leading to brick Garage, lawned rear garden.

Viewing To view please call 01228 510552

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Bendles, 22, Portland Square, Carlisle. Tel: 01228 522215. Ref: Mrs J Kier. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 25_Layout 1 25/01/2012 09:33 Page 1

LOT 19 Residential 99 Crosby Street, Maryport, GUIDE PRICE Cumbria CA15 6JX £40,000 - £50,000

A two bedroomed cottage which would make an ideal investment/holiday home.

A two bedroom cottage with private garden and benefiting from double glazing and partial heating. Would make and ideal holiday home, rental or investment opportunity.

Description Rear Entrance: To Utility Room with stainless steel sink and plumbing for washing machine. Bathroom 8' x 8'3: Bath with shower over, wc, pedestal wash basin, coving and radiator. Lounge 11'3 x 17': Gas fire, coving, radiator and two velux windows. Hallway with Front Door: Radiator Kitchen 12'6 x 10': With wall & base units, stainless steel sink, coving, gas cooker point and radiator. First Floor - Landing: Bedroom 1: 12' x 11'9: To the front elevation with fitted wardrobes. Bedroom 2: 12' x 8': To the rear elevation with coving, airing cupboard and wall mounted boiler. Outside: There is a private garden and patio.

Viewing To view please call 01900 602777

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Allerdale Borough Council, Allerdale House Solicitors: Brockbanks, 44 Duke Street, Whitehven, Cumbria CA28 7NP. Tel: 01946 692194. Ref: Mr M Fitzsimmons. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 26_Layout 1 25/01/2012 09:33 Page 1

LOT 20 Residential 24 Orton Grange Park, Carlisle, GUIDE PRICE Cumbria CA5 6LA £50,000 +

Modern, detached Park Home.

A spacious, modern, detached PARK HOME situated on a pleasant site to the west of the City, near Dobbies garden centre, with easy access to Carlisle and Dalston. The property is available to the over 50's who are retired or semi-retired. The accommodation comprises:- Lounge, Dining Area, fitted Kitchen, Utility, Master Bedroom with en-suite, Bedroom 2, Bathroom, Bedroom 3 or Study. There is a monthly service charge of approx £126 which includes pitch fee, water, grass cutting and street lighting.

Description Entrance Hall Lounge 17'3 x 11'2 Dining Area 8'6 x 8' Kitchen 13' x 8: with range of units Utility Room 8' x 5'6 Master Bedroom 10'3 x 9'3 with walk in wardrobe and En-suite Shower Room Bedroom 2 -10'6 x 9'6 Bathroom 6'6 x 5'5 Bedroom 3 / Study 6'6 x 5 Viewing To view please call 01228 510552

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Page 27_Layout 1 25/01/2012 12:08 Page 1

LOT 21 Plots/Building Land

Land Adj. Lister Terrace, Great Broughton, GUIDE PRICE Cockermouth, Cumbria CA13 0YX £25,000 +

This building plot enjoys an attractive position and has Outline Planning Permission for one single storey dwelling.

Backing onto open farmland and is situated on the outskirts of the village with easy access to schools and village shops and is in Cockermouth School catchment . The plot has Outline Planning Permission for one single storey dwelling with access directly from Moor Road and with well proportioned gardens to front and rear. The plot is "L" shaped with a frontage of approx 13.4m / 44' to Moor Road and a depth of just over 40m / 131'. To the rear of the proposed dwelling the garden area widens to approx 26.5m / 87'. The plot enjoys an open aspect to the rear over surrounding farmland.

Viewing Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as To view please call 01900 602777. to the availability of the services. Local Authority: Allerdale Borough Council, Allerdale House, Workington, CA14 3YJ Solicitors: Haworth & Gallagher, 39 Hamilton Sq, Birkenhead, Wirral, CH41 5BP. Tel: 0151 6478624. Ref: Mr A Nelson. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale.

H.F.T. GOUGH & CO SOLICITORS

“THE LOCAL PROPERTY SPECIALISTS”

• Pre-Auction Legal Advice • Fixed Price Domestic Conveyancing • Legal Advice for Landlords • Lease and Tenancy Agreements • Planning and Development • Commercial Property

H.F.T. Gough & Co 38/42 Lowther Street, Whitehaven, Cumbria CA28 7JU 01946 692461

www.goughs-solicitors.com Page 28_Layout 1 25/01/2012 09:34 Page 1

LOT 22 Residential for improvement

GUIDE PRICE £110,000 +

Spacious 2 bedroomed detached bungalow.

A spacious semi detached bungalow with gas central heating, double glazing, garage and gardens conveniently situated, just off London Road, on the south side of the City. In need of some improvement but offering tremendous potential with:- Reception Hall, 21' Lounge, Conservatory, Dining Kitchen, 2 double Bedrooms, modern Bathroom. Front and rear gardens, brick garage.

Description Reception Hall - 12'9 x 9'6 Lounge - 21' x 12'6 Conservatory - 8'3 x 6'3 Dining Kitchen - 12'9 x 9': with range of units Bedroom 1 - 12' x 11'9 Bedroom 2 - 12' x 10' Bathroom - 8'3 x 6'6: with modern suite including bath with shower over, basin & WC Outside: Lawned front and rear gardens, driveway to Garage.

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: DWF Solicitors, 13, Castle Street, Carlisle. Tel: . Ref: Ms J Jackson. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 29_Layout 1 25/01/2012 09:35 Page 1

LOT 23 Residential 86 Valley View Road, Greenbank, GUIDE PRICE Whitehaven, CA28 9RD £25,000 - £35,000

Semi detached house with three bedrooms only a short walk to Whitehaven town.

This property has views to the front and is situated close to local amenities, with only a short drive or walk into Whitehaven town. The property benefits from double glazing. The accommodation comprises: Hall, lounge and kitchen to the ground floor. To the first floor are three bedrooms and a bathroom. Front and rear gardens.

Description Hall: Wood door, staircase to first floor, door to lounge. Lounge 14'5 x 12': Views, open coal fire, stone surround, part wood panelled walls, door to kitchen. Kitchen 5'8 x 15'7: Fitted units, plumbed for washing machine, stainless steel sink, airing cupboard (housing boiler and water tank), wood door to rear garden. First floor Landing: Loft access, doors to bedrooms and bathroom Bedroom 1 - 11' x 12': Views Bedroom 2 - 9'5 x 7'2 Bedroom 3 - 11'4 x 9'1 to 7'7: Views Bathroom 6' x 7'10: Bath, W.C, washbasin, part tiled. Outside: Front & rear gardens

Viewing To view please call 01946 591200

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council, The Copeland Centre, Catherine Street, Whitehaven, CA28 7SJ Solicitors: HFT Gough & Co., 38/42 Lowther Street, Whitehaven, CA28 7JU. Tel: 01946 692 461. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 30_Layout 1 25/01/2012 09:36 Page 1

LOT 24 Residential 70 Millholme Avenue, Carlisle, GUIDE PRICE Cumbria CA2 4DP £50,000 +

2 bedroomed end terrace house with garden.

A two bedroomed end terrace property with gas central heating, uPVC double glazing and lawned rear garden situated to the south of the City close to amenities and primary school. Front Sitting Room, Dining Room, Kitchen and Bathroom downstairs plus Two double bedrooms upstairs. Ideal first time buy or buy to let investment.

Description Front Sitting Room 12' x 12': with uPVC door Dining Room 12'9 x 12': with uPVC door to the rear and opening into the kitchen Kitchen 9' x 7': with range of units, oven and hob Bathroom 11' x 6': with shower cubicle, sunken bath, wash basin and WC Front Bedroom 12' x 11' Rear Bedroom 12' x 9'6 Outside: Lawned rear garden with patio area and gated side access.

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Bendles, 22, Portland Square, Carlisle. Tel: . Ref: Mrs J Kier. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 31_Layout 1 25/01/2012 09:37 Page 1

LOT 25 Residential 52 Moor Place, Frizington, GUIDE PRICE Cumbria CA26 3PL £50,000 - £70,000

Extended three bedroomed mid terraced house which is well prested and ready to occupy.

This three bedroom property benefits from gas central heating and double glazing. Extended to provide good sized accommodation with front and rear gardens, making an ideal family home.

Description Entrance Hall with Cloakroom/WC Lounge/Dining Room: Lounge area - 11'10 x 11'4 Dining area - 10' x 8' Family Area 10'8 x 8' Kitchen 10'10 x 9'3: Wall and base units with single sink drainer, plumbing for washing machine, electric cooker point & part tiled First floor: Landing leading to: Bedroom 1 - 11'11 x 10' Bedroom 2 - 12' x 11'8 Bedroom 3 - 9'4 x 9'2 Bathroom 9'5 x 5'11: Bath, wash hand basin, WC and separate shower cubicle Outside: Front garden and rear lawn with paved area and two sheds

Viewing To view please call 01946 591200

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Copeland Borough Council Solicitors: Butterworths, 24 Lowther Street, Carlisle, Cumbria CA3 8DA. Tel: 01228 593939. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 32_Layout 1 25/01/2012 09:37 Page 1

LOT 26 Residential 37 Monksclose Road, Carlisle, GUIDE PRICE Cumbria CA2 7BZ £45,000 +

Two bedroomed terraced house just off Wigton Road.

A two bedroomed terraced house with gas central heating situated, just off Wigton Road, about 1 mile west of the City centre. Ideal for first time buyers or buy to let. In need of cosmetic improvement with Hall, through Lounge, Kitchen, Bathroom. Two Bedrooms upstairs. Forecourt. Rear yard.

Description Entrance Hall: with stairs off Through Lounge - 21'9 x 11'9: with front and rear windows Kitchen - 12'6 x 9'3: with range of units Bathroom - 9'3 x 5'9: with bath, basin & WC First Floor Landing Front Bedroom - 15' x 8'9 Rear Bedroom - 12'6 x 9'3 Outside: Forecourt. Small rear yard.

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Bendles, 22, Portland Square, Carlisle. Tel: 01228 522215. Ref: Mrs J Kier. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 33_Layout 1 25/01/2012 14:21 Page 1

LOT 27 Residential for improvement 1 Clifton Street, Denton Holme, GUIDE PRICE Carlisle CA2 5NG £95,000 +

Spacious 4 bed end terrace house.

A spacious four bedroomed end of terrace house with gas central heating, double glazing and garage situated in this popular area of the City within easy reach of all amenities. In need of general modernisation and offering tremendous potential with:- Vestibule, Hall, Sitting Room, Living Room, Kitchen. Upstairs are Four Bedrooms and a Bathroom Forecourt, yard and garage.

Description Hall Living Room 16'3 x 15'6 max: With bay window. Dining Room 13' x 12'9: Leading to kitchen. Kitchen 11'3 x 8: Under stairs storage. First Floor Landing with access to: Bedroom 1 - 16'3 x 13' max Bedroom 2 - 10' x 8' Bedroom 3 - 10' 9'6 Bedroom 4 - 11'6 x 8' Bathroom 6'3 x 4'9 with bath, basin & WC Outside: Forecourt. Self contained yard with Wash House, Coal House, WC and brick built Garage.

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Bendles, 22, Portland Square, Carlisle. Tel: 01228 522215. Ref: Mrs J Kier. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 34_Layout 1 25/01/2012 09:28 Page 1

LOT 28 Development Land Waver Street, Silloth, GUIDE PRICE Cumbria CA7 4DF £100,000 +

Development Land.

A substantial plot of development land close to the seafront which is ideal for residential development subject to the necessary approvals. It extends overall to approx 0.2 acre and would be ideal for residential development similar to the recent scheme built opposite subject to the necessary approvals.

Viewing Please calll 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Allerdale Borough Council, Allerdale House, Workington, CA14 3YJ Solicitors: Beaty & Co, 1, High Street, Wigton, Cumbria, CA7 9PJ. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale.

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LOT 29 Residential 59 Briar Bank, Carlisle, Cumbria GUIDE PRICE CA3 9SW £75,000 +

Good size family home situated North of the City.

A spacious 4 bedroomed mid link house with combi gas central heating, uPVC double glazing, conservatory and big rear garden in this popular area north of the City centre. Most competitively priced and offering the following family accommodation:- Porch, Hall, Lounge, Dining Room, Conservatory, fitted Kitchen. Four Bedrooms and modern Bathroom upstairs. Front garden and drive. Big rear garden with lawn, brick store and playing field behind. Description Hall: With understairs cupboard Living Room 12'9 x 12'9 Dining Room 10'6 x 9' Conservatory Kitchen 10'6 x 9'6: with a range of units First Floor Landing leading to: Bedroom 1 - 13' x 12'3 Bedroom 2 - 13' x 9'6 (built-in wardrobe) Bedroom 3 - 10'9 x 6'9 Bedroom 4 - 9'3 x 7'6 Bathroom 7'6 x 7'6 Outside: Garden & driveway to the front. Large rear garden with lawn & brick store with playing field behind. Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Carlisle City Council, Civic Centre, Carlisle Solicitors: Butterworths, 24, Lowther Street, Carlisle, CA3 8DA. Tel: 01228 593939. Ref: Mr D Mitchell. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 36_Layout 1 25/01/2012 09:37 Page 1

LOT 30 Residential The Binnacle, Port Carlisle, GUIDE PRICE Cumbria CA7 5BU £145,000 +

Rural family property with views.

A four bedroomed detached house occupying a pleasant rural site with open views over the Solway in this popular village some 12 miles west of Carlisle.The property has adaptable accommodation suitable for a dependant/disabled relative including Porch, Hall, Sitting Room, Dining Room, Kitchen, rear Porch, Reception/Bedroom with en-suite fully tiled Shower Room with WC. Upstairs are 4 Bedrooms and Bathroom with WC. Lawned gardens and driveway.

Description Ground Floor: Porch, Hall, Front Sitting Room with woodburning stove, Dining Room with french windowsKitchen with range of units, Rear Porch, Boiler Room, Front Reception/ Bedroom, Shower Room fully tiled with basin & WC First Floor: Landing, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom with WC Outside: Pleasant rural site with lawned gardens, driveway and open views across to Scotland.

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Allerdale Borough Council, Allerdale House, Workington, CA14 3YJ Solicitors: Bell Park Kerridge, Clifford Court, Cooper Way, Parkhouse, Carlisle, CA3 0GJ. Tel: 01228 819888. Ref: Mr M Hilton. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 37_Layout 1 25/01/2012 09:35 Page 1

LOT 31 Plot Site of the former Post Office, GUIDE PRICE Anthorn, Cumbria CA7 5AL £10,000 - £15,000

Building Plot with outline planning.

Situated in a rural area Building plot with outline planning approval (ref 2/2011/0044) for 1 detached dwelling10m frontage x 21m depthOn the fringe of this pleasant Solway village

Viewing To view please call 01228 510552

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Allerdale Borough Council, Allerdale House, Workington, CA14 3YJ Solicitors: Atkinson Ritson, 39, High Street, Wigton, Cumbria, CA7 9PE. Tel: 016973 43241. Ref: Ms P Enon. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale.

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6 Victoria Place, Carlisle CA1 1ES www.burnetts.co.uk Page 38_Layout 1 25/01/2012 09:36 Page 1

LOT 32 Residential for Improvement 93 Scotland Road, Penrith, GUIDE PRICE Cumbria CA11 7NW £40,000 - £50,000

Terraced house in need of modernisation.

A mid terraced house in need of modernisation. Convenient location close to the Town centre and all amenities. Sitting Room, Kitchen. Bedroom and Shower Room with WC on the first floor. Useful Attic Room.

Description Hall: with stairs off Front Sitting Room - 12'3 x 9' Kitchen - 10'3 x 5'3 First Floor Landing Front Bedroom - 10'6 x 8'9 Shower Room: with shower, basin & WC Attic Room

Viewing To view please call 01228 510552

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Council, Town Hall, Penrith, CA11 7QF Solicitors: Arnold Greenwood, 8 - 10, Highgate, Kendal, LA9 4SX. Tel: 01539 720049. Ref: Ms J Sparks. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 39_Layout 1 25/01/2012 09:29 Page 1

LOT 33 Residential Cliffsyde Cottage, Wasdale GUIDE PRICE Park, Seascale CA20 1PA £55,000 +

Two bedroomed cottage ideal for investor. A detached two bedroomed cottage with double glazing, gas c/h and conservatory in this popular village location close to the sea. Ideal for investor, owner occupier or holiday home. Description Conservatory Lounge 19' x 13'3 Kitchen 6'6 x 6'3: with range of units. Inner Hall: Shower Room 6'3 x 5'6: with shower in cubicle, pedestal basin and WC. First Floor: Landing with dormer window. Bedroom 13'3 x 9'3: with dormer window with open aspect overlooking the sea. Bedroom 13' x 9'3: with dormer window and access to eaves storage.

Outside: Lawned garden, shed and parking area. Tenure: See legal pack Viewing Services: Interested parties are invited to make their own enquiries of the relevant authorities as To view please call 01946 591200 to the availability of the services. Local Authority: Copeland Borough Council Solicitors: Brockbanks, 44 Duke Street, Whitehaven, Cumbria CA28 7NR. Tel: 01946 692194. Ref: Ms M Owens. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale.

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FREEHOLD GROUND RENTS

LOT 34 31 Stonegarth, Morton, Carlisle Shop & Flat - 99 yr lease from 1964 - Rent £35 p.a. Guide Price £8,000+

LOT 35 33 Stonegarth, Morton, Carlisle Shop - 99 yr lease from 1964 - Rent £40 p.a. Guide Price £10,600+

LOT 36 25 Heysham Park Avenue, Carlisle Shop - 99 yr lease from 1971 - Rent £100 p.a. Guide Price £5,100+

LOT 37 31 Central Avenue, Harraby, Carlisle Shop - 99 yr lease from 1960 - Rent £35 p.a. Guide Price £10,000+

LOT 38 32 Central Avenue, Harraby, Carlisle Shop - 99 yr lease from 1959 - Rent £25 p.a. Guide Price £6,000+

LOT 39 34 Central Avenue, Harraby, Carlisle Shop - 99 yr lease from 1961 - Rent £40 p.a. Guide Price £5,300+

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Council: Carlisle City Council, Civic Centre, Carlisle, Cumbria CA3 8QG. Solicitor: Burnetts, Victoria Place, Carlisle, Cumbria CA1 1ES Tel: 01228 552222 Ref: Mrs C Logan Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. These lots have not been inspected by the auctioneers. Page 41_Layout 1 25/01/2012 09:35 Page 1

START OF DAY 2

FRIDAY 24th FEBRUARY 2012 2.00pm

CORONATION HALL COUNTY SQUARE, ULVERSTON LA12 7LZ

LOTS 40 - 60 Page 42_Layout 1 25/01/2012 09:34 Page 1

LOT 40 Residential

34 Napier Street, Barrow in Furness, GUIDE PRICE Cumbria LA14 5SZ £35,000 - £45,000

Two bedroomed, two reception rooms mid terraced property.

This property is situated in a good location close to all local amenities. The accommodation has entrance hallway with lounge, dining room and kitchen to the ground floor. Upstairs are two good sized bedrooms with bathroom off rear bedroom. Some modernisation required making an ideal property for a first time buyer or investment purchaser.

Description

Entrance Hallway Lounge 10' x 9' Dining Room 12'3 x 12' Kitchen 10'5 x 6'

First Floor Landing Bedroom 1 - 12' x 10'5 Bedroom 2 - 12' x 12': With bathroom off Bathroom 10'5 x 6'

Viewing To view please call 01229 811811

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council, Town Hall, Duke Street, Barrow in Furness, Cumbria LA14 2LD Solicitors: Pooletownsend, 69 - 75 Duke Street, Barrow in Furness, Cumbria LA14 1RP. Tel: 01229 811811. Ref: Ms S Pyne. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 43_Layout 1 25/01/2012 09:32 Page 1

LOT 41 Residential 9 Hawk Street, Barrow in Furness, GUIDE PRICE Cumbria LA14 1LX £35,000 +

Two bedroomed mid terrace with PVC double glazing.

This two bedroomed mid terraced property offers good rental potential or is ideal for the first time buyer. Comprising lounge, kitchen diner, utility room and shower room to the ground floor. Upstairs are two double bedrooms with a bathroom off the rear room. Located in a convenient area with amenities.

Description Lounge 12' x 9'2 Dining Kitchen 13' x 12' Utility Room 8'7 x 6'10 Shower Room First Floor Landing Bedroom 1 - 12' x 9'5 Bedroom 2 - 16' x 12': With bathroom off. Bathroom 8'6 x 6'

Viewing To view please call 01229 825636

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council, Town Hall, Duke Street, Barrow in Furness, Cumbria LA14 2LD Solicitors: Butterworths, 24 Lowther Street, Carlisle, Cumbria CA3 8DA. Tel: 01228 593939. Ref: Mr D Mitchell. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 44_Layout 1 25/01/2012 09:31 Page 1

LOT 42 Residential 42 Mulberry Way, GUIDE PRICE Barrow in Furness, LA13 0RR £100,000 +

Good size three bedroomed semi detached house with gardens.

Well presented semi detached house benefiting from PVC double glazing and gas central heating. Briefly comprising hall, lounge with double doors leading to dining kitchen. First floor 3 bedrooms and bathroom. Outside there is a drive & garden to the front and good size rear garden with paved area making this an ideal family home or investment property.

Description Hall Lounge 14'7 x 11'2 Dining Kitchen 17'5 x 8'5 With fitted wall and base units and breakfast bar. First fFoor Landing Bedroom 1 - 12'6 x 11'2 Bedroom 2 - 11'2 x 10'9 Bedroom 3 - 9'7 x 7'9 Bathroom 6'6 x 5'6: Tiled with a 3 piece white suite with eletric shower over the bath. Viewing To view please call 01229 430888

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council Solicitors: Brown & Murray, 127 Ramsdem Square, Barrow in Furness, Cumbria LA14 1XA. Tel: Tel: 01229 820021. Ref: Mr M Turner. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 45_Layout 1 25/01/2012 12:09 Page 1

LOT 43 Commercial Investments 137 Market Street, Dalton, GUIDE PRICE Cumbria LA15 8RG £25,000 +

Retail premises situated in prominent position. Ground floor retail premises benefiting from kitchen and WC. Total floor area approximately 800 sq ft. Would suit a variety of uses. Prominent position. Ideal for owner operator or investor.

This property is being sold on behalf of Edward K Dry & Roger N Philips Joint LPA Receivers c/o GVA.

Description Retail Area 19' x 15'2 Kitchen 6'6 x 7' WC 5'7 x 3'8

Viewing To view please call 01229 461362 Tenure: See legal pack Joint Agent Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council Solicitors: Irwin Mitchell, Bauhaus, Rosetti Place, 27 Quay Street, Manchester M3 4AW. Tel: 0800 169 4322. Ref: Mr A Bell. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale.

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LOT 44 Commercial 16 Cornwallis Street, GUIDE PRICE Barrow in Furness, LA14 2LG £75,000 +

Ideal opportunity for investment purposes with planning permission for bar and snooker room, restaurant/takeaway.

Selling on instuctions from LPA Reveivers

Description Approach: Two hardwood style doors provide access to:- Room 1 - 12.25m x 6.17m: Glazed window to the front aspect. Bay window to therear aspect. Door provides access to the cellar area. Door provides access to Kitchenette. Stair case leads tothe first floor. Kitchenette - 5.40m x 1.71m: Single stainless steel sink set in base unit. Door provides access to two WCs. WC 1: Opaque glazed sash style window to the side aspect. Fitted with a two piece suite comprising of a WC and wash hand basin. WC 2: Opaque glazed sash style window to the side aspect. Fitted with a two piece suite comprising of a WC and wash hand basin. Room 2 - 5.72m x 6.17m: Two glazed windows to the front aspect. Door provides access to:- Room Three - 6.27m x 3.84m: Two sash style windows to the rear aspect. Original style fire place. Room 4 - 6.14m x 4.37m: Two glazed windows to the front aspect. Room 5 - 4.45m x 3.80m: Sash style window to the rear aspect. Door provides access to storage room with loft access.

Viewing To view please call 01229 825333

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council, Town Hall, Duke Street, Barrow in Furness, Cumbria LA14 2LD Solicitors: Bond PearceL LP, Ballard house, West Hoe Road, Plymouth PL1 3AE. Tel: 0845 4150000. Ref: Mr A Pheasant. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 47_Layout 1 25/01/2012 09:28 Page 1

LOT 45 Commercial Bluebird, Holker Street, GUIDE PRICE Barrow in Furness, LA14 5RT £75,000 +

Licenced trading Social and Function Club close to the football ground.

Selling on instuctions from LPA Reveivers

An interesting, rare purchase opportunity for a substantial single storey building which is adjacent to the Barrow AFC Football ground. The property has been maintained and currently trades as a social and function club with a seven day alcohol license. Ample car park to the rear but this excludes match days for the football club and sub division of the building would be considered.

Description Reception Hall: Overall width of 20' 8 Further twin doors lead to: Lobby: 20' 7 x 15' 7 with Gents and Ladies W.C.'s. Featured arch in brick for access to: Reception Lounge: 60' (to the rear of the stage) 40' x 47' Equipped with furniture, chairs and tables, a long serving bar and displays at the rear. There is a fully equipped cellar room at the rear of the bar. Behind the stage, there is a boiler room and a separate store area.The building has the benefit of a kitchen room and adjacent store. Viewing To view please call 01229 825333 Joint Agent

Tenure: See legal pack Services: There are mains electric, water, drainage and telephone. There is diesel for the central heating. Local Authority: Barrow in Furness Borough Council, Town Hall, Duke Street, Barrow in Furness, Cumbria LA14 2LD Solicitors: Bond Pearce LLP, Ballard House, West Hoe Road, Plymouth PL1 3AE. Tel: 0845 4150000. Ref: Mr A Pheasant. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 48_Layout 1 25/01/2012 09:27 Page 1

LOT 46 Commercial Investment

58 Market Street (Annies Butchers), GUIDE PRICE Ulverston, Cumbria LA12 7LT £145, 000 +

Retail Shop with First Floor Flat.

This shop is located in one of the main shopping streets in Ulverston and at present is being leased to a Butcher. Along with a self contained two bedroom first floor flat which is part double glazed, centrally heated and in very good conditon.

Description Retail Shop - currently let @ £13, 780 p.a. (20 year lease): Ground Floor Retail Area: 16' x 8' First Preparation Area: 12' x 14'9 Second Preparation Area: 25'6 x 8'11 max Rear Yard & Store 2 Bedroom First Floor Self Contained Flat - currently let on AST @ £475 p.c.m. (£5,700 p.a.): Open balcony that leads to an entrance hall. Lounge - 12'5 x 16'2: With an open arch to an open tread staircase. Kitchen/Diner - 12'4 x 9': Being fully fitted with a stainless steel single drainer sink, door leading to the balcony. Bathroom: With a modern three piece. Front Bedroom - 12'5 x 11' Rear Bedroom - 12'5 x 8' Externally: There is a shared yard leading to two stores and access to the rear street.

Viewing To view please call 01229 870087

Joint Agent

Tenure: See Legal Pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: District Council South Lakeland House, Lowther Street, Kendal, LA9 4DQ Solicitors: Hayton Winkley Solicitors, 25 Crescent Road, Windermere, Cumbria, LA3 2BJ. Tel: 01539 446585. Ref: Mr Keith Wood. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 49_Layout 1 25/01/2012 09:26 Page 1

LOT 47 Commercial Investments

Stables Furniture Store, Soutergate, GUIDE PRICE Ulverston, Cumbria LA12 7ER £250,000 +

Commercial building with residential planning permission granted.

Situated on a corner site in the market town of Ulverston. Commercial property has recently been trading as a furniture store. Planning permission has been secured for conversion into 1 retail unit, four apartments and one 4 bedroomed townhouse. Superb location offering excellent investment potential.

Description Ground floor show room 77' x 30' (widest) Ground floor office 14'4 x 11'6 First floor show room 77'5 x 17'7 x 32'5 First floor kitchen 16' x 9' Second Floor 34' x 33'7

Viewing To view please call 01229 582889

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: South Lakeland District Council South Solicitors: Hart Jackson & Sons, 8-10 Newmarket Street, Ulverston, Cumbria LA12 7LW. Tel: 01229 583291. Ref: Mr J Going. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 50_Layout 1 25/01/2012 09:26 Page 1

LOT 48 Residential

1 Carlisle Street, Barrow in Furness, GUIDE PRICE Cumbria LA14 1QT £35,000 - £45,000

Large end terraced house in good location.

Substantial four bedroomed end terraced house with two reception rooms, kitchen and utility. Situated in a town centre location, close to all amenities. This property is laid out over three floors and is in need of some modernisation however benefits from having PVC double glazing. Would suit investor or owner occupier.

Description Hallway Lounge Dining Room Kitchen: Leading to large utility room.Leading to ground floor WC. First Floor: Landing. Two bedrooms with bathroom off the rear room. Second Floor: Landing. Two further bedrooms. Viewing To view please call 01229 839090

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow-in-Furness Borough Council, Town Hall, Duke Street, Barrow-In-Furness, LA14 2LD Solicitors: Brown & Murray, 127 Duke Street, Barrow in Furness, Cumbria LA14 1XA. Tel: 01229 820021. Ref: Mr M Turner. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 51_Layout 1 25/01/2012 09:25 Page 1

LOT 49 Residential 3 Ivy Garth, 22 Sedbergh Road, GUIDE PRICE Kendal, Cumbria LA9 4UB £120,000 +

Large self contained one bedroomed apartment presented to a high standard.

A detached period dwelling split into 4 individual self continued apartments. This apartment on offer is situated on the ground floor covering approximately 1,089 sq ft This briefly comprises separate entrance porch leading to internal hallway, fitted kitchen/ diner, lounge, large bedroom and bathroom. The property is light and spacious offered to a high standard with modern neutral decoration yet retaining many original features. Including a cellar, parking sapce and a single garage.

Description Porch & Hallway Kitchen/Diner 125' x 13'6: With fitted units, appliances & cooker hood. Lounge 17' x 14'9: Corner room with two bay windows. Bedroom 20'7 x 15'7: With triple bay window. Bathroom 10'10 x 5'11: White 3 piece suite. Cellar: With storage facilities. Outside: Parking space, garage and use of communal gardens. Viewing To view please call 01539 739999

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: South Lakeland District Council South Lakeland House, Lowther Street, Kendal, Cumbria LA9 4DQ Solicitors: Temple Heelis, Bridge Mills, Stramongate, Kendal LA9 4UB. Tel: 01539 442455. Ref: Ms L Williams. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 52_Layout 1 25/01/2012 09:24 Page 1

LOT 50 Residential

119 Kent Street, Barrow in Furness, GUIDE PRICE Cumbria LA13 9QP £40,000 +

Traditional two bedroomed mid terraced house with two reception rooms.

Located in in a popular area with access to all local amenities. Benefiting from some double glazing, two reception rooms,two bedrooms and a first floor bathroom. Modernisation required making this this property ideal for improvement, investment and the first time buyer market.

Description Entrance Vestibule with Hall Lounge 12'7 x 11'2: Gas fire Dining Room 11'5 x 9'1: Gas fire Kitchen 14'3 x 7'1 (MAX): Single drainer sink unit with storage cupboard below. Under stair storage. First Floor Landing: Loft access Bedroom 1 - 12'7 x 11'6: Front facing Bedroom 2 - 11'2 x 9'7: Built in airing cupboard. Rear facing. Bathroom 7' x 6'11: Three piece suit. Outside rear yard: With outide WC.

Viewing To view please call 01229 811811

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council, Town Hall, Duke Street, Barrow in Furness, Cumbria LA14 2LD Solicitors: Pooletownsend Solicitors, 69-75 Duke Street, Barrow in Furness, Cumbria LA14 1RP. Tel: 01229 811811. Ref: Ms L Redmond. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 53_Layout 1 25/01/2012 09:23 Page 1

LOT 51 Residential 19 James Street, GUIDE PRICE Barrow in Furness, LA14 1EH £30,000 +

Two Bedroomed Mid Terraced Property.

A two bedroom mid terraced property close to town centre with gas central heating (combi), uPVC double glazing. In need of some modernsation. Suitable for both investor or homeowner.

Lounge - 13'4 x 10'10 Kitchen - 8'10 x 8' Bathroom - 4'6 x 3'10 Second Floor Bedroom 1 - 13'4 x 10'10 Bedroom 2 - 8'10 x 8' WC

Viewing To view please call 01229 811811

Joint Agent

Tenure: See Legal Pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow-in-Furness Borough Council, Town Hall, Duke Street, Barrow-In-Furness, Cumbria, LA14 2LD Solicitors: Poole Townsend Solicitors, 69-75 Duke Street, Barrow in Furness, Cumbria, LA14 1RP. Tel: 01229 811811. Ref: Ms S Pyne. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 54_Layout 1 25/01/2012 09:22 Page 1

LOT 52 Residential 11 Arnside Street, GUIDE PRICE Barrow in Furness, LA14 1AX £30,000 +

Mid terraced property located closed to Barrow town centre.

This property would be ideal for the first time buyer or investment purchaser. Briefly comprising one bedroom with bathroom to the first floor, lounge and kitchen. Externally there is an enclosed yard with outbuilding.

Description Lounge 12'6 x 12'2: Gas fire with surround. Kitchen 12'6 x 9'6 (At widest): Wall and base units with work surfaces. Stainless steel sink with drainer and recess for oven. First Floor Landing Bedroom 12'6 x 12'2: Front facing aspect Bathroom 12'6 x 6'7: Comprising three piece suite. Outside: Rear yard with outbuilding

Viewing To view please call 01229 430888

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council, Town Hall, Duke Street, Barrow in Furness, Cumbria LA14 2LD Solicitors: Mellen & Co, 66 Duke Street, Barrow in Furness, Cumbria LA14 1RX. Tel: 01229 870606. Ref: Ms J Mellen. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 55_Layout 1 25/01/2012 09:21 Page 1

LOT 53 Residential 30 Coulton Street, GUIDE PRICE Barrow in Furness, LA14 1QJ £30,000 - £40,000

Traditional two bedroom mid terraced property in convenient location.

Mid Terraced House benefitng from having UPVC double glazing, two reception rooms, two Bedrooms and first floor bathroom. Good location close to all town amenties. Modernisation required making an ideal investment or first time buy purchase.

Description Reception Room 1 - 9'10 x 11'9 Reception Room 2 - 12' x 11'9 Kitchen 8'9 x 6' Utility Bedroom 1 Bedroom 2: With bathroom off. Bathroom 8'6 x 6' Outside: Rear yard.

Viewing To view please call 01229 839090

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council Solicitors: Harris Cooper Brownings, 691-693 Warwick Road, Solihull, B91 3DA. Tel: 0121 7052255. Ref: Ms K Morgan. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 56_Layout 1 25/01/2012 09:20 Page 1

LOT 54 Residential 49 James Street, GUIDE PRICE Barrow in Furness, LA14 1EQ £30,000 +

Traditional bay fronted mid terraced house.

A two bedroomed mid terraced house with bay window to the front. Briefly comprising two reception rooms, kitchen and ground floor bathroom. Two bedrooms to the first floor. This property would benefit from modernisation however benefits from central heating and double glazing. Ideal investment or first time buyer purchase conveniently located close to local amentities.

Description Hallway Reception 1 - 10' x 9'2: Bay window Reception 2 - 12'8 x 10'9 Kitchen 9'6 x 6'9 Bathroom 6'9 x 6'6 First Floor Landing Bedroom 1 - 13' x 10' Bedroom 2 - 12'8 x 11'

Viewing To view please call 01229 825636

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council, Solicitors: Brown Barron, 65 Duke Street, Barrow in Furness, Cumbria LA14 1RW. Tel: 01229 828814. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 57_Layout 1 25/01/2012 13:14 Page 1

LOT 55 Residential 18 Liverpool Street, Walney, GUIDE PRICE Barrow in Furness LA14 3BA £55,000 +

Renovated three bedroomed mid terraced house ready to occupy.

Three bedroomed terraced property benefiting from gas central heating and UPVC double glazing. Comprising: Entrance hall, lounge, dining room/kitchen, ground floor bathroom and to the first floor three bedrooms. Enclosed yard to the rear. Situated in the sought after area on Walney Island, ready to let or for owner occupation. Priced to sell.

Description Entrance Hall Lounge 12'4 x 11'5 Dining Room 10'5 x 10'1 Kitchen 9' x 7'3 Ground Floor Bathroom 10' x 3'11 First Floor Landing leading to: Bedroom 1 - 12'4 x 14'10 (widest) Bedroom 2 - 10'1 x 7'5 Bedroom 3 - 6'11 x 6'8 Outside: Enclosed yard to the rear Viewing To view please call 01229 825636 Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow-in-Furness Borough Council Solicitors: Fell Kilvington & Co, Market Square, Kirby Stephen, Cumbria CA17 4QT. Tel: 017683 71495. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 58_Layout 1 25/01/2012 09:18 Page 1

LOT 56 Residential 4 Hill Rise, Dalton in Furness, GUIDE PRICE Cumbria LA15 8JU £70,000 +

Detached bungalow with two bedrooms.

Set in a slightly elevated postion this detached bungalow has a pleasant outlook over the town. This property benefits from having two bedrooms and a wet room/shower room, easily maintained gardens, double glazing and gas fired central heating.

Description Kitchen 11'7 x 7'2: Fitted with wall and base units. Pleasant views. Lounge/Diner 14'7 x 11': Fire place, patio doors leading to paved garden area. Central Hallway: Loft hatch Bedroom 1 - 12'3 x 8'4 Bedroom 2 - 9'10 x 8' Wet Room: With shower and airing cupboard.

Viewing To view please call 01229 461362

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow-in-Furness Borough Council, Town Hall, Duke Street, Barrow-In-Furness LA14 2LD Solicitors: Pooletownsend, 69 - 75 Duke Street, Barrow in Furness LA14 1RP. Tel: 01229 811811. Ref: Ms L Redmond. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 59_Layout 1 25/01/2012 09:18 Page 1

LOT 57 Residential 34 Paradise Street, Barrow in GUIDE PRICE Furness, Cumbria LA14 2HS £45,000 - £55,000

Mid terraced house laid out over three floors.

Three bedroom, three storey mid terraced house situated in a town centre location with gas central heating, uPVC double glazing, yard to rear with garage.

Description Ground Floor Entrance Vestibule: Reception Room 1 - 3.96m x 3.33m: Original style alcove cupboards. Reception Room 2 - 4.01m x 3.57m: Kitchen - 3.18m x 2m: Utility/Store - 2.18m x 1.98m: Bedroom 1 - 3.56m x 3.48m: Bedroom 2 - 2.87m x 1.84m: Bathroom: Fitted with a modern three piece suite. Bedroom 3 - 3.73m x 3.44m:

Viewing To view please call 01229 839090

Joint Agent

Tenure: See Legal Pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow-in-Furness Borough Council Solicitors: Livingstons, 9 Benson Street, Ulverston, Cumbria LA12 7AU. Tel: 01229 585555. Ref: Ms K Tyson. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 60_Layout 1 25/01/2012 09:17 Page 1

LOT 58 Residential 9 Ulverston Road, Lindal, GUIDE PRICE Ulverston, Cumbria LA12 0LP £50,000 +

Deceptively spacious mid terraced cottage.

Situated close to Barrow & Ulverston town centres. This property benefits from having double glazing and gas central heating. The accommodation is spacious & over three floors briefly comprising:- Two reception rooms, two bedrooms - one with ensuite, attic room and bathroom on the second floor. This property would suit the first time buyer or investor.

Description Entrance: Reception Room 1 - 13'5 x 12'2 Reception Room 2 - 12'6 x 12'2 Kitchen - 8'2 x 5'11 First Floor Landing: With access to 2 bedrooms and ensuite Bedroom 1 - 12'6 x 9'6 Bedroom 2 - 9'6 x 9'6 Second Floor Landing leading to: Bathroom 12'6 x 7'3 with 3 piece suite. L-Shaped attic room 12'6 x 8'10. Outside: Paved area with external store.

Viewing To view please call 01229 430888

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow-in-Furness Borough Council Solicitors: Livingstons, 9 Benson Street, Ulverston, Cumbria LA12 7AU. Tel: 01229 585555. Ref: Mr S Hollis. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 61_Layout 1 25/01/2012 09:16 Page 1

LOT 59 Development 32-34 Furness Park Road, GUIDE PRICE Barrow in Furness, LA14 5PH £125,000 +

Retail premises with proposed planning to convert into residential apartments.

Ex laundrette now empty with 2 self contained flats above. One currently occupied and one vacant. This property has proposed planning to convert the ground floor retail area into a further two self contained apartments. Offering an ideal opportunity for the buy to let investor/developer.

Description

Ground floor: Currently retail premises with proposed planning for two self contained one bedroomed apartmnets. First floor: Two self contained apartments. Flat 1: Vacant - Available to let at £350 PCM Flat 2: Currently tenanted generating £400 PCM Outside: Off street parking to the front.

Viewing To view please call 01229 870087

Joint Agent

Proposed Ground Floor Plans

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council, Town Hall, Duke Street, Barrow in Furness, Cumbria LA14 2LD Solicitors: Mellon & Co, 66 Duke Street, Barrow in Furness, Cumbria LA14 1RX. Tel: 01229 870606. Ref: Ms J Mellen. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 62_Layout 1 25/01/2012 09:15 Page 1

LOT 60 Residential 11 Methuen Street, Walney, GUIDE PRICE Barrow in Furness, LA14 3PS £55,000 +

Well presented two bedroomed end terraced property ready for occupation.

Cottage style end terraced house benefiting from double glazing, two receptions rooms, two bedrooms and first floor bathroom. Enclosed rear yard with outbuildings. This property is well laid out and conveniently located making and ideal purchse for owner occupier or investment purposes.

Description Entrance Hallway Lounge 12'9 x 14'1: With fireplace Dining Room 11'9 x 9'2: With fireplace Utility Area: With recess for fridge freezer and under stairs storage Kitchen: With modern wall/base units with work surfaces. Recess for washing machine and electric oven with gas hob. First Foor Landing Bedroom 1 - 16'4 x 10'5 Bedroom 2 - 12'9 x 9'2 Bathroom: Traditional 4 piece white suite with roll top bath, sink, separate shower cubicle and WC. Outside: Enclosed rear yard with outbuilding and outside WC

Viewing To view please call 01229 839090

Joint Agent

Tenure: See legal pack Services: Interested parties are invited to make their own enquiries of the relevant authorities as to the availability of the services. Local Authority: Barrow in Furness Borough Council, Town Hall, Duke Street, Barrow in Furness, Cumbria LA14 2LD Solicitors: Brown & Murray, 127 Ramsden Square, Barrow in Furness, Cumbria LA14 1XA. Tel: 01229 820021. Ref: Mr M Turner. Plans and Photographs: The plans and photographs are there to aid identification of the property only. The plans are not to scale. Page 63_Layout 1 25/01/2012 09:40 Page 1

Local Knowledge National Strength

AuctionAuction HHouseouse isis thethe ffastestastest ggrowingrow auctioneering network in the UUKK andand aann iincreasinglyncreasingly attractiveattractive alternativea to the major London pplayerslayers andand ccorporateorporate firms.firms. NowNow operating from 30 regional auction rroomsooms withwith othersothers ssetet toto oopenpen sshortly,ho Auction House is the most effectiveeffective inindependentdependent ooptionption aavailablevaila to local sellers, and operates fromfrom aauctionuction rroomsooms easilyeasily accessibleaccessi to local buyers.

RegionalRegional AuctionAuction HHouseouse areare runrun byb prominent Estate Agents and eexperiencedxperienced AAuctioneersuctioneers wwhoho hhaveav a wealth of local knowledge and mmarketarket eexperience.xperience. AAuctionuction HHouseous offers that local capability and eexpertisexpertise aalonglong wwithith nnationalational aadvertisingdve and marketing – a ccombinationombination ooff llocalocal kknowledgenowledge aandn national strength that is both ssuccessfuluccessful aandnd ccompelling.ompelling.

1 East Anglia 2 Drewery & Wheeldon 3 South Essex 4 South Lincolnshire/East Leicestershire 5 Hawkins 7 Cambridgeshire 8 Dee Atkinson & Harrison 9 South Yorkshire/North Derbyshire 10 Cumbria 12 North East 14 Cheshire & North East Wales 15 Smith & Sons 16 South Buckinghamshire 17 Leeds, Bradford & Wakefield 18 South West Wales 29 19 Tees Valley 20 Thames Valley 21 Stephenson & Son 22 Lancashire 28 23 Surrey 24 27 Ryder & Dutton 25 Leicestershire & Rutland 26 Northamptonshire 27 London 28 Hertfordshire & Middlesex 30 29 Edwards Moore 30 Devon & Cornwall

Please visit our website for more information www.auctionhouse.uk.net Page 64_Layout 1 25/01/2012 09:40 Page 1

Memorandum Of Sale

Property Address: ...... Lot No......

The Vendor: ......

......

The Purchaser: ......

......

Post Code: ...... Tel: ......

The Price: £ ......

It is agreed that the Vendor sells and the Purchaser buys the property described in the accompanying particulars and *conditions of sale subject to their provisions and the terms and stipulations in them at the price above mentioned.

Purchase Price: £ ......

Less Deposit: £ ......

Balance: £ ......

Dated: ......

Completion Date: ......

Signed: ...... Authorised Agent for Vendor

As Agents for the Vendor we acknowledge receipt of the deposit in the form

of: ......

Dated: ......

Signed: ...... The Purchaser

Purchasers Solicitor: ......

......

Post Code: ...... Tel: ......

Vendors Solicitor: ......

......

Post Code: ...... Tel: ......

In addition and at the same time, the purchaser is required to pay by cheque to the Auctioneer an Administration Charge of £300.00 + VAT * For the purpose of this contract, the conditions of sale include the three sections of the RICS Common Auction Conditions, the Glossary, Conduct of the Auction and the General Conditions. Page 65_Layout 1 25/01/2012 09:40 Page 1

Non-Attending Bid or Telephone Bid Please also sign and return the reverse side of this form.

AUTHORISATION FOR BIDDING BY PROXY OR TELEPHONE

Name ______

Name of Company (if applicable) ______

Of (address) ______

______Postcode ______

Te l : ______Mobile: ______

Hereby authorise Auction House to bid on my behalf by proxy / telephone (delete as applicable) bid for the property detailed below.

I confirm that I have read and understood the General Conditions of Sale and signed the Conditions of Bidding by Proxy or Telephone set out overleaf.

PROPERTY AND BID DETAILS

Lot No. ______Property Address ______

______

My maximum bid (proxy bids only) will be: £ ______

(amount in words) ______

DEPOSIT (tick as applicable)

I attach a cheque for 10% of my proxy bid or £3000, whichever is the greater, plus £360.00 (£300.00 + VAT Administration Charge)

OR

I attach a blank cheque to be completed by the Auctioneer if my bid is successful, within which he will include £360.00 (£300.00 + VAT Administration Charge)

My cheque of £ ______is made payable to Auction House Cumbria (amount if applicable)

SOLICITORS

My solicitors are ______

Of (address) ______

______Postcode ______

Te l ______Person Acting ______

If my bid is successful, I authorise the Auctioneer to sign the Memorandum of Sale on my behalf and recognise that I will be the legally bound purchaser of the property referred to above and must complete the purchase of the property within the time specified in the General/Special Conditions of Sale.

Signed ______Date ______

PLEASE MARK THE ENVELOPE EITHER PROXY OR TELEPHONE BID Page 66_Layout 1 25/01/2012 09:39 Page 1

TERMS AND CONDITIONS FOR TELEPHONE BIDS AND BIDDING BY LETTER Anyone not able to attend the auction and wishing to make a bid for any property, do so on the following terms and conditions:

1. The bidder must complete a separate authority form for each Lot involved, and provide a bankers draft, solicitor’s client’s account cheque or personal cheque for 10% of the maximum amount of the bid for each Lot. Please note the minimum deposit for any bid is £3,000 PER LOT. We will require proof of identity in the form of a driving licence or passport and a utility bill. 2. The form must be sent to, or delivered to: Written & Telephone Bids, Auction House, 23-25 Castle Street, Carlisle CA3 8SY to arrive before 6pm two working days prior to the start of the auction. It is the bidders responsibility to check that the form is received by Auction House and this can be done by telephoning the office. 3. In the case of a telephone bid the prospective purchaser should provide a blank cheque which the Auctioneer will complete on behalf of the prospective purchaser if the prospective purchaser is successful in purchasing the relevant property for 10% of the purchase price, plus the buyers premium or in accordance with the General or Special Conditions of Sale relating to the lot. 4. The bidder shall be deemed to have read the “Important Notice to be read by all bidders”; the particulars of the relevant Lot in the catalogue the general and special conditions of sale. The bidder shall be deemed to have taken all necessary professional and legal advice and to have made enquiries and have knowledge of any announcements to be made from the rostrum of any amendments relating to the relevant Lot. Announcements can and should be checked by bidders on the day before the auction. However, the Auctioneers will advise the bidders of any announcements as soon as possible prior to the Auction. 5. In the case of a written bid, Auction House staff will compete in the bidding up to the maximum of the authorisation. If no maximum is inserted, Auction House reserve the right not to bid. 6. Auction House reserve the right not to bid on behalf of written bidders, in the event of any error, doubt, omission, uncertainty as to the bid, or for any reason whatsoever and give no warranty, or guarantee, that a bid would be made on behalf of the bidder and accept no liability. 7. In the event that the written or telephone bid is successful, the Auctioneer will sign the Memorandum of the Contract on behalf of the bidder (a Contract would have been formed on the fall of the hammer). 8. In the event of a Contract, the deposit monies will be applied so far as necessary to meet the requirement for a 10% deposit (minimum £3,000) and the balance of the deposit (if any) will be held by the vendors solicitor pending completion. An Administration charge of £360.00 (£300+ VAT) should be added to the deposit cheque or a separate cheque should be made payable to Auction House Cumbria. 9. In the event that the bidder is unsuccessful in gaining the Contract, the deposit monies shall be returned to the bidder promptly. 10. The Auctioneer will make no charge to a prospective purchaser for this service and will accept no liability whatsoever for any bid not being made on behalf of the prospective purchaser whether through lack of clarity of instructions or for any other reason whatsoever. Prospective telephone purchasers will not hold Auction House liable for any loss or claims relating to the telephone bidding system.The prospective purchaser will be advised if the relevant lot has been successfully purchased on his behalf as soon as possible after the auction. Where the lot has not been purchased the prospective purchaser will be notified by post and the deposit returned as soon as reasonably possible. 11. Once delivered to the Auctioneers, the authority to bid is binding on the bidder on the day on which the particular Lot is auctioned. This is to allow for the possibility of a Vendor agreeing to sell post auction where the bidding has not reached the reserve. 12. The authority can only be withdrawn by notification in writing delivered to Auction House at their office two hours before the start of the auction on the day the relevant Lot is scheduled to be auctioned, or by delivery into the hands of the Auctioneer in the auction room half-an-hour before the start of that day’s auction. It is the bidders responsibility to obtain a receipt on a copy of the withdrawal notification signed by one of the Auctioneers and without such a receipt the authority stands, any successful Contract is binding on the bidder. 13. If the bidder, or an agent, actually bids at the auction without having previously withdrawn the authority, the Auctioneer is at liberty to accept such bid in addition to any bid from Auction House staff as empowered under the written authority. Auction House will have no liability whatsoever if the price achieved is the result only of this competition in bidding without intervention from other bidders. 14. Prospective purchasers are advised in respect of telephone bids should they become disconnected during bidding or are unobtainable, Auction House will not be held responsible or liable for any loss suffered in respect thereof. I hereby confirm that I have read and understood the above terms and conditions to bid by letter.

Signed:...... Date:...... Please sign this page and ensure the form overleaf is completed. Page 67_70_Layout 1 25/01/2012 09:39 Page 1

Common Auction Conditions (Edition 3) REPRODUCED WITH THE CONSENT OF THE RICS

INTRODUCTION General conditions The Common Auction Conditions have been produced for real estate auctions in and That part of the sale conditions so headed, including any extra general conditions. Wales to set a common standard across the industry. They are in three sections: Interest rate GLOSSARY If not specified in the special conditions, 4% above the base rate from time to time of Barclays Bank The glossary gives special meanings to certain words used in both sets of conditions.. plc. (The interest rate will also apply to judgment debts, if applicable.) AUCTION CONDUCT CONDITIONS Lot The Auction Conduct Conditions govern the relationship between the auctioneer and anyone who Each separate property described in the catalogue or (as the case may be) the property that the has a catalogue, or who attends or bids at the auction. They cannot be changed without the seller has agreed to sell and the buyer to buy (including chattels, if any). auctioneer’s agreement. Old arrears SALE CONDITIONS Arrears due under any of the tenancies that are not “new tenancies” as defined by the Landlord The Sale Conditions govern the agreement between each seller and buyer. They include general and Tenant (Covenants) Act 1995. conditions of sale and template forms of special conditions of sale, tenancy and arrears schedules Particulars and a sale memorandum. The section of the catalogue that contains descriptions of each lot (as varied by any addendum). IMPORTANT NOTICE Practitioner A prudent buyer will, before bidding for a lot at an auction: An insolvency practitioner for the purposes of the Insolvency Act 1986 (or, in relation to jurisdictions • take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and outside the , any similar official). an accountant; Price • read the conditions; The price that the buyer agrees to pay for the lot. • inspect the lot; Ready to complete • carry out usual searches and make usual enquiries; Ready, willing and able to complete: if completion would enable the seller to discharge all financial • check the content of all available leases and other documents relating to the lot; charges secured on the lot that have to be discharged by completion, then those outstanding financial charges do not prevent the seller from being ready to complete. • check that what is said about the lot in the catalogue is accurate; Sale conditions • have finance available for the deposit and purchase price; The general conditions as varied by any special conditions or addendum. • check whether VAT registration and election is advisable; Sale memorandum The conditions assume that the buyer has acted like a prudent buyer. The form so headed (whether or not set out in the catalogue) in which the terms of the contract If you choose to buy a lot without taking these normal precautions you do so at your own risk. for the sale of the lot are recorded. Seller GLOSSARY The person selling the lot. If two or more are jointly the seller their obligations can be enforced This glossary applies to the auction conduct conditions and the sale conditions. against them jointly or against each of them separately. Wherever it makes sense: Special conditions • singular words can be read as plurals, and plurals as singular words; Those of the sale conditions so headed that relate to the lot. • a “person” includes a corporate body; Tenancies • words of one gender include the other genders; Tenancies, leases, licences to occupy and agreements for lease and any documents varying or • references to legislation are to that legislation as it may have been modified or re-enacted by the supplemental to them. date of the auction or the contract date (as applicable); and Tenancy schedule • where the following words are printed in bold type they have the specified meanings. The tenancy schedule (if any) forming part of the special conditions. Actual completion date Transfer The date when completion takes place or is treated as taking place for the purposes of Transfer includes a conveyance or assignment (and “to transfer” includes “to convey” or “to assign”). apportionment and calculating interest. TUPE Addendum The Transfer of Undertakings (Protection of Employment) Regulations 2006. An amendment or addition to the conditions or to the particulars or to both whether contained in a supplement to the catalogue, a written notice from the auctioneers or an oral announcement VAT at the auction. Value Added Tax or other tax of a similar nature. Agreed completion date VAT option Subject to condition G9.3: An option to tax. (a) the date specified in the special conditions; or We (and us and our) (b) if no date is specified, 20 business days after the contract date; The auctioneers. but if that date is not a business day the first subsequent business day. You (and your) Approved financial institution Someone who has a copy of the catalogue or who attends or bids at the auction, whether or not Any bank or building society that has signed up to the Banking Code or Business Banking Code or a buyer. is otherwise acceptable to the auctioneers. Arrears AUCTION CONDUCT CONDITIONS Arrears of rent and other sums due under the tenancies and still outstanding on the actual A1 Introduction completion date. A1.1 Words in bold type have special meanings, which are defined in the Glossary. Arrears schedule A1.2 The catalogue is issued only on the basis that you accept these auction conduct conditions. The arrears schedule (if any) forming part of the special conditions. They govern our relationship with you and cannot be disapplied or varied by the sale Auction conditions (even by a condition purporting to replace the whole of the Common Auction The auction advertised in the catalogue. Conditions). They can be varied only if we agree. Auction conduct conditions A2 Our role The conditions so headed, including any extra auction conduct conditions. A2.1 As agents for each seller we have authority to: Auctioneers (a) prepare the catalogue from information supplied by or on behalf of each seller; The auctioneers at the auction. (b) offer each lot for sale; Business day (c) sell each lot; Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and Wales; or (c) Good (d) receive and hold deposits; Friday or Christmas Day. (e) sign each sale memorandum; and Buyer (f) treat a contract as repudiated if the buyer fails to sign a sale memorandum or pay a The person who agrees to buy the lot or, if applicable, that person’s personal representatives: if two deposit as required by these auction conduct conditions. or more are jointly the buyer their obligations can be enforced against them jointly or against each A2.2 Our decision on the conduct of the auction is final. of them separately. A2.3 We may cancel the auction, or alter the order in which lots are offered for sale. We may Catalogue also combine or divide lots. A lot may be sold or withdrawn from sale prior to the auction. The catalogue to which the conditions refer including any supplement to it. A2.4 Yo u acknowledge that to the extent permitted by law we owe you no duty of care and you Completion have no claim against us for any loss. Unless otherwise agreed between seller and buyer (or their conveyancers) the occasion when both A3 Bidding and reserve prices seller and buyer have complied with their obligations under the contract and the balance of the A3.1 All bids are to be made in pounds sterling exclusive of any applicable VAT. price is unconditionally received in the seller’s conveyancer’s client account. A3.2 We may refuse to accept a bid. We do not have to explain why. Condition A3.3 If there is a dispute over bidding we are entitled to resolve it, and our decision is final. One of the auction conduct conditions or sales conditions. A3.4 Unless stated otherwise each lot is subject to a reserve price (which may be fixed just Contract before the lot is offered for sale). If no bid equals or exceeds that reserve price the lot will The contract by which the seller agrees to sell and the buyer agrees to buy the lot. be withdrawn from the auction. Contract date A3.5 Where there is a reserve price the seller may bid (or ask us or another agent to bid on The date of the auction or, if the lot is not sold at the auction: the seller’s behalf) up to the reserve price but may not make a bid equal to or exceeding (a) the date of the sale memorandum signed by both the seller and buyer; or the reserve price. Yo u accept that it is possible that all bids up to the reserve price are bids made by or on behalf of the seller. (b) if contracts are exchanged, the date of exchange. If exchange is not effected in person or by an irrevocable agreement to exchange made by telephone, fax or electronic A3.6 Where a guide price (or range of prices) is given that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell at the date of the guide mail the date of exchange is the date on which both parts have been signed and posted or price. But guide prices may change. The last published guide price will normally be at or otherwise placed beyond normal retrieval. above any reserve price, but not always – as the seller may fix the final reserve price just Documents before bidding commences Documents of title (including, if title is registered, the entries on the register and the title plan) and A4 The particulars and other information other documents listed or referred to in the special conditions relating to the lot. A4.1 We have taken reasonable care to prepare particulars that correctly describe each lot. The Financial charge particulars are based on information supplied by or on behalf of the seller. Yo u need to A charge to secure a loan or other financial indebtness (not including a rentcharge). check that the information in the particulars is correct. Page 67_70_Layout 1 25/01/2012 09:39 Page 2

Common Auction Conditions (Edition 3) REPRODUCED WITH THE CONSENT OF THE RICS

A4.2 If the special conditions do not contain a description of the lot, or simply refer to the G2.3 Where the auctioneers hold the deposit as stakeholder they are authorised to release it (and relevant lot number, you take the risk that the description contained in the particulars is interest on it if applicable) to the seller on completion or, if completion does not take place, incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and to the person entitled to it under the sale conditions. are not intended to form part of a legal contract. G2.4 If a cheque for all or part of the deposit is not cleared on first presentation the seller may A4.3 The particulars and the sale conditions may change prior to the auction and it is your treat the contract as at an end and bring a claim against the buyer for breach of contract. responsibility to check that you have the correct versions. G2.5 Interest earned on the deposit belongs to the seller unless the sale conditions provide A4.4 If we provide information, or a copy of a document, provided by others we do so only on otherwise. the basis that we are not responsible for the accuracy of that information or document. G3. BETWEEN CONTRACT AND COMPLETION A5 The contract G3.1 Unless the special conditions state otherwise, the seller is to insure the lot from and including A5.1 A successful bid is one we accept as such (normally on the fall of the hammer). This the contract date to completion and: condition A5 applies to you if you make the successful bid for a lot. (a) produce to the buyer on request all relevant insurance details; A5.2 Yo u are obliged to buy the lot on the terms of the sale memorandum at the price you bid (b) pay the premiums when due; plus VAT (if applicable). (c) if the buyer so requests, and pays any additional premium, use reasonable endeavours to A5.3 Yo u must before leaving the auction: increase the sum insured or make other changes to the policy; (a) provide all information we reasonably need from you to enable us to complete the sale (d) at the request of the buyer use reasonable endeavours to have the buyer’s interest noted memorandum (including proof of your identity if required by us); on the policy if it does not cover a contracting purchaser; (b) sign the completed sale memorandum; and (e) unless otherwise agreed, cancel the insurance at completion, apply for a refund of (c) pay the deposit. premium and (subject to the rights of any tenant or other third party) pay that refund to A5.4 If you do not we may either: the buyer; and (a) as agent for the seller treat that failure as your repudiation of the contract and offer (f) (subject to the rights of any tenant or other third party) hold on trust for the buyer any the lot for sale again: the seller may then have a claim against you for breach of contract; insurance payments that the seller receives in respect of loss or damage arising after the or contract date or assign to the buyer the benefit of any claim; (b) sign the sale memorandum on your behalf. and the buyer must on completion reimburse to the seller the cost of that insurance (to the extent not already paid by the buyer or a tenant or other third party) for the period from A5.5 The deposit: and including the contract date to completion. (a) is to be held as stakeholder where VAT would be chargeable on the deposit were it to G3.2 No damage to or destruction of the lot nor any deterioration in its condition, however be held as agent for the seller, but otherwise is to be held as stated in the sale conditions; caused, entitles the buyer to any reduction in price, or to delay completion, or to refuse to and complete. (b) must be paid in pounds sterling by cheque or by bankers’ draft made payable to us on G3.3 Section 47 of the Law of Property Act 1925 does not apply. an approved financial institution. The extra auction conduct conditions may state if we G3.4 Unless the buyer is already lawfully in occupation of the lot the buyer has no right to enter accept any other form of payment. into occupation prior to completion. A5.6 We may retain the sale memorandum signed by or on behalf of the seller until the deposit G4. TITLE AND IDENTITY has been received in cleared funds. G4.1 Unless condition G4.2 applies, the buyer accepts the title of the seller to the lot as at the A5.7 If the buyer does not comply with its obligations under the contract then: contract date and may raise no requisition or objection except in relation to any matter that (a) you are personally liable to buy the lot even if you are acting as an agent; and occurs after the contract date. (b) you must indemnify the seller in respect of any loss the seller incurs as a result of the G4.2 If any of the documents is not made available before the auction the following provisions buyer’s default. apply: A5.8 Where the buyer is a company you warrant that the buyer is properly constituted and able (a) The buyer may raise no requisition on or objection to any of the documents that is made to buy the lot. available before the auction. A6 Extra Auction Conduct Conditions (b) If the lot is registered land the seller is to give to the buyer within five business days of A6.1 Despite any special condition to the contrary the minimum deposit we accept is £3,000 the contract date an official copy of the entries on the register and title plan and, where (or the total price, if less). A special condition may, however, require a higher minimum noted on the register, of all documents subject to which the lot is being sold. deposit. (c) If the lot is not registered land the seller is to give to the buyer within five business days an abstract or epitome of title starting from the root of title mentioned in the special GENERAL CONDITIONS OF SALE conditions (or, if none is mentioned, a good root of title more than fifteen years old) and must produce to the buyer the original or an examined copy of every relevant document. Words in bold type have special meanings, which are defined in the Glossary (d) If title is in the course of registration, title is to consist of certified copies of: G1. THE LOT (i) the application for registration of title made to the land registry; G1.1 The lot (including any rights to be granted or reserved, and any exclusions from it) is described in the special conditions, or if not so described the lot is that referred to in the (ii) the documents accompanying that application; sale memorandum. (iii) evidence that all applicable stamp duty land tax relating to that application has G1.2 The lot is sold subject to any tenancies disclosed by the special conditions, but otherwise been paid; and with vacant possession on completion. (iv) a letter under which the seller or its conveyancer agrees to use all reasonable G1.3 The lot is sold subject to all matters contained or referred to in the documents, but excluding endeavours to answer any requisitions raised by the land registry and to instruct any financial charges: these the seller must discharge on or before completion. the land registry to send the completed registration documents to the buyer. G1.4 The lot is also sold subject to such of the following as may affect it, whether they arise before (e) The buyer has no right to object to or make requisitions on any title information more or after the contract date and whether or not they are disclosed by the seller or are than seven business days after that information has been given to the buyer. apparent from inspection of the lot or from the documents: G4.3 Unless otherwise stated in the special conditions the seller sells with full title guarantee except that (and the transfer shall so provide): (a) matters registered or capable of registration as local land charges; (a) the covenant set out in section 3 of the Law of Property (Miscellaneous Provisions) Act (b) matters registered or capable of registration by any competent authority or under the 1994 shall not extend to matters recorded in registers open to public inspection; these provisions of any statute; are to be treated as within the actual knowledge of the buyer; and (c) notices, orders, demands, proposals and requirements of any competent authority; (b) the covenant set out in section 4 of the Law of Property (Miscellaneous Provisions) Act (d) charges, notices, orders, restrictions, agreements and other matters relating to town and 1994 shall not extend to any condition or tenant’s obligation relating to the state or country planning, highways or public health; condition of the lot where the lot is leasehold property. (e) rights, easements, quasi-easements, and wayleaves; G4.4 The transfer is to have effect as if expressly subject to all matters subject to which the lot is (f) outgoings and other liabilities; sold under the contract. (g) any interest which overrides, within the meaning of the Land Registration Act 2002; G4.5 The seller does not have to produce, nor may the buyer object to or make a requisition in (h) matters that ought to be disclosed by the searches and enquiries a prudent buyer would relation to, any prior or superior title even if it is referred to in the documents. make, whether or not the buyer has made them; and G4.6 The seller (and, if relevant, the buyer) must produce to each other such confirmation of, or (i) anything the seller does not and could not reasonably know about. evidence of, their identity and that of their mortgagees and attorneys (if any) as is necessary for the other to be able to comply with applicable Land Registry Rules when making G1.5 Where anything subject to which the lot is sold would expose the seller to liability the buyer application for registration of the transaction to which the conditions apply. is to comply with it and indemnify the seller against that liability. G5. TRANSFER G1.6 The seller must notify the buyer of any notices, orders, demands, proposals and requirements of any competent authority of which it learns after the contract date but the buyer must G5.1 Unless a form of transfer is prescribed by the special conditions: comply with them and keep the seller indemnified. (a) the buyer must supply a draft transfer to the seller at least ten business days before the G1.7 The lot does not include any tenant’s or trade fixtures or fittings. agreed completion date and the engrossment (signed as a deed by the buyer if condition G5.2 applies) five business days before that date or (if later) two business days after the G1.8 Where chattels are included in the lot the buyer takes them as they are at completion and draft has been approved by the seller; and the seller is not liable if they are not fit for use. (b) the seller must approve or revise the draft transfer within five business days of receiving G1.9 The buyer buys with full knowledge of: it from the buyer. (a) the documents, whether or not the buyer has read them; and G5.2 If the seller remains liable in any respect in relation to the lot (or a tenancy) following (b) the physical condition of the lot and what could reasonably be discovered on inspection completion the buyer is specifically to covenant in the transfer to indemnify the seller against of it, whether or not the buyer has inspected it. that liability. G1.10 The buyer is not to rely on the information contained in the particulars but may rely on the G5.3 The seller cannot be required to transfer the lot to anyone other than the buyer, or by more seller’s conveyancer’s written replies to preliminary enquiries to the extent stated in those than one transfer. replies. G6. COMPLETION G2. DEPOSIT G6.1 Completion is to take place at the offices of the seller’s conveyancer, or where the seller may G2.1 The amount of the deposit is the greater of: reasonably require, on the agreed completion date. The seller can only be required to (a) any minimum deposit stated in the auction conduct conditions (or the total price, if this complete on a business day and between the hours of 0930 and 1700. is less than that minimum); and G6.2 The amount payable on completion is the balance of the price adjusted to take account of (b) 10% of the price (exclusive of any VAT on the price). apportionments plus (if applicable) VAT and interest. G2.2 The deposit G6.3 Payment is to be made in pounds sterling and only by: (a) must be paid in pounds sterling by cheque or banker’s draft drawn on an approved (a) direct transfer to the seller’s conveyancer’s client account; and financial institution (or by any other means of payment that the auctioneers may accept); (b) the release of any deposit held by a stakeholder. and G6.4 Unless the seller and the buyer otherwise agree, completion cannot take place until both (b) is to be held as stakeholder unless the auction conduct conditions provide that it is to have complied with their obligations under the contract and the balance of the price is be held as agent for the seller. unconditionally received in the seller’s conveyancer’s client account. Page 67_70_Layout 1 25/01/2012 09:39 Page 3

Common Auction Conditions (Edition 3) REPRODUCED WITH THE CONSENT OF THE RICS

G6.5 If completion takes place after 1400 hours for a reason other than the seller’s default it is to (d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart of be treated, for the purposes of apportionment and calculating interest, as if it had taken place any tenancy against an undertaking to hold it to the buyer’s order; on the next business day. (e) not without the consent of the seller release any tenant or surety from liability to pay G6.6 Where applicable the contract remains in force following completion. arrears or accept a surrender of or forfeit any tenancy under which arrears are due; and G7. NOTICE TO COMPLETE (f) if the buyer disposes of the lot prior to recovery of all arrears obtain from the buyer’s G7.1 The seller or the buyer may on or after the agreed completion date but before completion successor in title a covenant in favour of the seller in similar form to part 3 of this give the other notice to complete within ten business days (excluding the date on which the condition G11. notice is given) making time of the essence. G11.9 Where the seller has the right to recover arrears it must not without the buyer’s written G7.2 The person giving the notice must be ready to complete. consent bring insolvency proceedings against a tenant or seek the removal of goods from the G7.3 If the buyer fails to comply with a notice to complete the seller may, without affecting any lot. other remedy the seller has: G12. MANAGEMENT (a) terminate the contract; G12.1 This condition G12 applies where the lot is sold subject to tenancies. (b) claim the deposit and any interest on it if held by a stakeholder; G12.2 The seller is to manage the lot in accordance with its standard management policies pending (c) forfeit the deposit and any interest on it; completion. (d) resell the lot; and G12.3 The seller must consult the buyer on all management issues that would affect the buyer after (e) claim damages from the buyer. completion (such as, but not limited to, an application for licence; a rent review; a variation, surrender, agreement to surrender or proposed forfeiture of a tenancy; or a new tenancy or G7.4 If the seller fails to comply with a notice to complete the buyer may, without affecting any agreement to grant a new tenancy) and: other remedy the buyer has: (a) terminate the contract; and (a) the seller must comply with the buyer’s reasonable requirements unless to do so would (but for the indemnity in paragraph (c)) expose the seller to a liability that the seller (b) recover the deposit and any interest on it from the seller or, if applicable, a stakeholder. would not otherwise have, in which case the seller may act reasonably in such a way as G8. IF THE CONTRACT IS BROUGHT TO AN END to avoid that liability; If the contract is lawfully brought to an end: (b) if the seller gives the buyer notice of the seller’s intended act and the buyer does not (a) the buyer must return all papers to the seller and appoints the seller its agent to cancel object within five business days giving reasons for the objection the seller may act as the any registration of the contract; and seller intends; and (b) the seller must return the deposit and any interest on it to the buyer (and the buyer may (c) the buyer is to indemnify the seller against all loss or liability the seller incurs through claim it from the stakeholder, if applicable) unless the seller is entitled to forfeit the deposit acting as the buyer requires, or by reason of delay caused by the buyer. under condition G7.3. G13. RENT DEPOSITS G9. LANDLORD’S LICENCE G13.1 This condition G13 applies where the seller is holding or otherwise entitled to money by way G9.1 Where the lot is or includes leasehold land and licence to assign is required this condition of rent deposit in respect of a tenancy. In this condition G13 “rent deposit deed” means the G9 applies. deed or other document under which the rent deposit is held. G9.2 The contract is conditional on that licence being obtained, by way of formal licence if that is G13.2 If the rent deposit is not assignable the seller must on completion hold the rent deposit on what the landlord lawfully requires. trust for the buyer and, subject to the terms of the rent deposit deed, comply at the cost of G9.3 The agreed completion date is not to be earlier than the date five business days after the the buyer with the buyer’s lawful instructions. seller has given notice to the buyer that licence has been obtained. G13.3 Otherwise the seller must on completion pay and assign its interest in the rent deposit to the G9.4 The seller must: buyer under an assignment in which the buyer covenants with the seller to: (a) use all reasonable endeavours to obtain the licence at the seller’s expense; and (a) observe and perform the seller’s covenants and conditions in the rent deposit deed and (b) enter into any authorised guarantee agreement properly required. indemnify the seller in respect of any breach; G9.5 The buyer must: (b) give notice of assignment to the tenant; and (a) promptly provide references and other relevant information; and (c) give such direct covenant to the tenant as may be required by the rent deposit deed. (b) comply with the landlord’s lawful requirements. G14. VAT G9.6 If within three months of the contract date (or such longer period as the seller and buyer G14.1 Where a sale condition requires money to be paid or other consideration to be given, the agree) the licence has not been obtained the seller or the buyer may (if not then in breach payer must also pay any VAT that is chargeable on that money or consideration, but only if of any obligation under this condition G9) by notice to the other terminate the contract at given a valid VAT invoice. any time before licence is obtained. That termination is without prejudice to the claims of G14.2 Where the special conditions state that no VAT option has been made the seller confirms either seller or buyer for breach of this condition G9. that none has been made by it or by any company in the same VAT group nor will be prior G10. INTEREST AND APPORTIONMENTS to completion. G10.1 If the actual completion date is after the agreed completion date for any reason other than G15. TRANSFER AS A GOING CONCERN the seller’s default the buyer must pay interest at the interest rate on the price (less any G15.1 Where the special conditions so state: deposit paid) from the agreed completion date up to and including the actual completion date. (a) the seller and the buyer intend, and will take all practicable steps (short of an appeal) to procure, that the sale is treated as a transfer of a going concern; and G10.2 Subject to condition G11 the seller is not obliged to apportion or account for any sum at completion unless the seller has received that sum in cleared funds. The seller must pay to (b) this condition G15 applies. the buyer after completion any sum to which the buyer is entitled that the seller G15.2 The seller confirms that the seller subsequently receives in cleared funds. (a) is registered for VAT, either in the seller’s name or as a member of the same VAT group; G10.3 Income and outgoings are to be apportioned at actual completion date unless: and (a) the buyer is liable to pay interest; and (b) has (unless the sale is a standard-rated supply) made in relation to the lot a VAT option (b) the seller has given notice to the buyer at any time up to completion that remains valid and will not be revoked before completion. requiring apportionment on the date from which interest becomes payable by the buyer; G15.3 The buyer confirms that: in which event income and outgoings are to be apportioned on the date from which interest (a) it is registered for VAT, either in the buyer’s name or as a member of a VAT group; becomes payable by the buyer. (b) it has made, or will make before completion, a VAT option in relation to the lot and will G10.4 Apportionments are to be calculated on the basis that: not revoke it before or within three months after completion; (a) the seller receives income and is liable for outgoings for the whole of the day on which (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to apportionment is to be made; it; and (b) annual income and expenditure accrues at an equal daily rate assuming 365 days in a year, (d) it is not buying the lot as a nominee for another person. and income and expenditure relating to some other period accrues at an equal daily rate G15.4 The buyer is to give to the seller as early as possible before the agreed completion date during the period to which it relates; and evidence: (c) where the amount to be apportioned is not known at completion apportionment is to be made by reference to a reasonable estimate and further payment is to be made by (a) of the buyer’s VAT registration; seller or buyer as appropriate within five business days of the date when the amount is (b) that the buyer has made a VAT option; and known. (c) that the VAT option has been notified in writing to HM Revenue and Customs; and if it G11. ARREARS does not produce the relevant evidence at least two business days before the agreed Part 1 Current rent completion date, condition G14.1 applies at completion. G11.1 “Current rent” means, in respect of each of the tenancies subject to which the lot is sold, G15.5 The buyer confirms that after completion the buyer intends to: the instalment of rent and other sums payable by the tenant in advance on the most recent (a) retain and manage the lot for the buyer’s own benefit as a continuing business as a going rent payment date on or within four months preceding completion. concern subject to and with the benefit of the tenancies; and G11.2 If on completion there are any arrears of current rent the buyer must pay them, whether or (b) collect the rents payable under the tenancies and charge VAT on them not details of those arrears are given in the special conditions. G15.6 If, after completion, it is found that the sale of the lot is not a transfer of a going concern then: G11.3 Parts 2 and 3 of this condition G11 do not apply to arrears of current rent. (a) the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide a Part 2 Buyer to pay for arrears VAT invoice in respect of the sale of the lot; G11.4 Part 2 of this condition G11 applies where the special conditions give details of arrears. (b) the buyer must within five business days of receipt of the VAT invoice pay to the seller G11.5 The buyer is on completion to pay, in addition to any other money then due, an amount the VAT due; and equal to all arrears of which details are set out in the special conditions. (c) if VAT is payable because the buyer has not complied with this condition G15, the buyer G11.6 If those arrears are not old arrears the seller is to assign to the buyer all rights that the seller must pay and indemnify the seller against all costs, interest, penalties or surcharges that has to recover those arrears. the seller incurs as a result. Part 3 Buyer not to pay for arrears G16. CAPITAL ALLOWANCES G11.7 Part 3 of this condition G11 applies where the special conditions: G16.1 This condition G16 applies where the special conditions state that there are capital (a) so state; or allowances available in respect of the lot. (b) give no details of any arrears. G16.2 The seller is promptly to supply to the buyer all information reasonably required by the buyer G11.8 While any arrears due to the seller remain unpaid the buyer must: in connection with the buyer’s claim for capital allowances. (a) try to collect them in the ordinary course of management but need not take legal G16.3 The value to be attributed to those items on which capital allowances may be claimed is set proceedings or forfeit the tenancy; out in the special conditions. (b) pay them to the seller within five business days of receipt in cleared funds (plus interest G16.4 The seller and buyer agree: at the interest rate calculated on a daily basis for each subsequent day’s delay in payment); (a) to make an election on completion under Section 198 of the Capital Allowances Act (c) on request, at the cost of the seller, assign to the seller or as the seller may direct the 2001 to give effect to this condition G16; and right to demand and sue for old arrears, such assignment to be in such form as the seller’s (b) to submit the value specified in the special conditions to HM Revenue and Customs for conveyancer may reasonably require; the purposes of their respective capital allowance computations. 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G17. MAINTENANCE AGREEMENTS G23.3 Following completion the buyer must complete rent review negotiations or proceedings as G17.1 The seller agrees to use reasonable endeavours to transfer to the buyer, at the buyer’s cost, soon as reasonably practicable but may not agree the level of the revised rent without the the benefit of the maintenance agreements specified in the special conditions. written consent of the seller, such consent not to be unreasonably withheld or delayed. G17.2 The buyer must assume, and indemnify the seller in respect of, all liability under such G23.4 The seller must promptly: contracts from the actual completion date. (a) give to the buyer full details of all rent review negotiations and proceedings, including G18. LANDLORD AND TENANT ACT 1987 copies of all correspondence and other papers; and G18.1 This condition G18 applies where the sale is a relevant disposal for the purposes of part I of (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review the Landlord and Tenant Act 1987. proceedings. G18.2 The seller warrants that the seller has complied with sections 5B and 7 of that Act and that G23.5 The seller and the buyer are to keep each other informed of the progress of the rent review the requisite majority of qualifying tenants has not accepted the offer. and have regard to any proposals the other makes in relation to it. G19. SALE BY PRACTITIONER G23.6 When the rent review has been agreed or determined the buyer must account to the seller G19.1 This condition G19 applies where the sale is by a practitioner either as seller or as agent of for any increased rent and interest recovered from the tenant that relates to the seller’s the seller. period of ownership within five business days of receipt of cleared funds. G19.2 The practitioner has been duly appointed and is empowered to sell the lot. G23.7 If a rent review is agreed or determined before completion but the increased rent and any G19.3 Neither the practitioner nor the firm or any member of the firm to which the practitioner interest recoverable from the tenant has not been received by completion the increased rent belongs has any personal liability in connection with the sale or the performance of the and any interest recoverable is to be treated as arrears. seller’s obligations. The transfer is to include a declaration excluding that personal liability. G23.8 The seller and the buyer are to bear their own costs in relation to rent review negotiations G19.4 The lot is sold: and proceedings. (a) in its condition at completion; G24. TENANCY RENEWALS (b) for such title as the seller may have; and G24.1 This condition G24 applies where the tenant under a tenancy has the right to remain in (c) with no title guarantee; occupation under part II of the Landlord and Tenant Act 1954 (as amended) and references and the buyer has no right to terminate the contract or any other remedy if information to notices and proceedings are to notices and proceedings under that Act. provided about the lot is inaccurate, incomplete or missing. G24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not G19.5 Where relevant: without the written consent of the buyer (which the buyer must not unreasonably withhold (a) the documents must include certified copies of those under which the practitioner is or delay) serve or respond to any notice or begin or continue any proceedings. appointed, the document of appointment and the practitioner’s acceptance of G24.3 If the seller receives a notice the seller must send a copy to the buyer within five business appointment; and days and act as the buyer reasonably directs in relation to it. (b) the seller may require the transfer to be by the lender exercising its power of sale under G24.4 Following completion the buyer must: the Law of Property Act 1925. (a) with the co-operation of the seller take immediate steps to substitute itself as a party to G19.6 The buyer understands this condition G19 and agrees that it is fair in the circumstances of a any proceedings; sale by a practitioner. (b) use all reasonable endeavours to conclude any proceedings or negotiations for the G20. TUPE renewal of the tenancy and the determination of any interim rent as soon as reasonably G20.1 If the special conditions state “There are no employees to which TUPE applies”, this is a practicable at the best rent or rents reasonably obtainable; and warranty by the seller to this effect. (c) if any increased rent is recovered from the tenant (whether as interim rent or under the G20.2 If the special conditions do not state “There are no employees to which TUPE applies” the renewed tenancy) account to the seller for the part of that increase that relates to the following paragraphs apply: seller’s period of ownership of the lot within five business days of receipt of cleared funds. (a) The seller must notify the buyer of those employees whose contracts of employment will G24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy transfer to the buyer on completion (the “Transferring Employees”). This notification and any proceedings relating to this. must be given to the buyer not less than 14 days before completion. G25. WARRANTIES (b) The buyer confirms that it will comply with its obligations under TUPE and any special conditions in respect of the Transferring Employees. G25.1 Available warranties are listed in the special conditions. (c) The buyer and the seller acknowledge that pursuant and subject to TUPE, the contracts G25.2 Where a warranty is assignable the seller must: of employment between the Transferring Employees and the seller will transfer to the (a) on completion assign it to the buyer and give notice of assignment to the person who buyer on completion. gave the warranty; and (d) The buyer is to keep the seller indemnified against all liability for the Transferring (b) apply for (and the seller and the buyer must use all reasonable endeavours to obtain) any Employees after completion. consent to assign that is required. If consent has not been obtained by completion the G21. ENVIRONMENTAL warranty must be assigned within five business days after the consent has been obtained. G21.1 This condition G21 only applies where the special conditions so provide. G25.3 If a warranty is not assignable the seller must after completion: G21.2 The seller has made available such reports as the seller has as to the environmental condition (a) hold the warranty on trust for the buyer; and of the lot and has given the buyer the opportunity to carry out investigations (whether or (b) at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to not the buyer has read those reports or carried out any investigation) and the buyer admits the warranty as do not place the seller in breach of its terms or expose the seller to any that the price takes into account the environmental condition of the lot. liability or penalty. G21.3 The buyer agrees to indemnify the seller in respect of all liability for or resulting from the G26. NO ASSIGNMENT environmental condition of the lot. The buyer must not assign, mortgage or otherwise transfer or part with the whole or any G22. SERVICE CHARGE part of the buyer’s interest under this contract. G22.1 This condition G22 applies where the lot is sold subject to tenancies that include service charge provisions. G27. REGISTRATION AT THE LAND REGISTRY G22.2 No apportionment is to be made at completion in respect of service charges. G27.1 This condition G27.1 applies where the lot is leasehold and its sale either triggers first registration or is a registrable disposition. The buyer must at its own expense and as soon as G22.3 Within two months after completion the seller must provide to the buyer a detailed service practicable: charge account for the service charge year current on completion showing: (a) procure that it becomes registered at Land Registry as proprietor of the lot; (a) service charge expenditure attributable to each tenancy; (b) payments on account of service charge received from each tenant; (b) procure that all rights granted and reserved by the lease under which the lot is held are properly noted against the affected titles; and (c) any amounts due from a tenant that have not been received; (c) provide the seller with an official copy of the register relating to such lease showing itself (d) any service charge expenditure that is not attributable to any tenancy and is for that registered as proprietor. reason irrecoverable. G27.2 This condition G27.2 applies where the lot comprises part of a registered title. The buyer G22.4 In respect of each tenancy, if the service charge account shows that: must at its own expense and as soon as practicable: (a) payments on account (whether received or still then due from a tenant) exceed attributable service charge expenditure, the seller must pay to the buyer an amount equal (a) apply for registration of the transfer; to the excess when it provides the service charge account; (b) provide the seller with an official copy and title plan for the buyer’s new title; and (b) attributable service charge expenditure exceeds payments on account (whether those (c) join in any representations the seller may properly make to Land Registry relating to the payments have been received or are still then due), the buyer must use all reasonable application. endeavours to recover the shortfall from the tenant at the next service charge G28. NOTICES AND OTHER COMMUNICATIONS reconciliation date and pay the amount so recovered to the seller within five business G28.1 All communications, including notices, must be in writing. Communication to or by the seller days of receipt in cleared funds; or the buyer may be given to or by their conveyancers. but in respect of payments on account that are still due from a tenant condition G11 (arrears) applies. G28.2 A communication may be relied on if: G22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller (a) delivered by hand; or must pay the expenditure incurred in respect of the period before actual completion date (b) made electronically and personally acknowledged (automatic acknowledgement does not and the buyer must pay the expenditure incurred in respect of the period after actual count); or completion date. Any necessary monetary adjustment is to be made within five business days (c) there is proof that it was sent to the address of the person to whom it is to be given (as of the seller providing the service charge account to the buyer. specified in the sale memorandum) by a postal service that offers normally to deliver mail G22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure the next following business day. or a depreciation fund: G28.3 A communication is to be treated as received: (a) the seller must pay it (including any interest earned on it) to the buyer on completion; (a) when delivered, if delivered by hand; or and (b) when personally acknowledged, if made electronically; (b) the buyer must covenant with the seller to hold it in accordance with the terms of the tenancies and to indemnify the seller if it does not do so. but if delivered or made after 1700 hours on a business day a communication is to be treated as received on the next business day. G23. RENT REVIEWS G23.1 This condition G23 applies where the lot is sold subject to a tenancy under which a rent G28.4 A communication sent by a postal service that offers normally to deliver mail the next review due on or before the actual completion date has not been agreed or determined. following business day will be treated as received on the second business day after it has been posted. G23.2 The seller may continue negotiations or rent review proceedings up to the actual completion date but may not agree the level of the revised rent or commence rent review proceedings G29. CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999 without the written consent of the buyer, such consent not to be unreasonably withheld or No one is intended to have any benefit under the contract pursuant to the Contract (Rights delayed. of Third Parties) Act 1999. Feb IBC_Layout 1 25/01/2012 11:50 Page 1

Auction Results Thursday 1st & Friday 2nd December 2011

LOT ADDRESS GUIDE PRICE RESULT

1 11 Dalston Road, Workington £55,000 - £65,000 SOLD £84,000 2 4 Esk Avenue, Whitehaven £50,000 - £60,000 SOLD £65,000 3 51 Greengarth, Upperby, Carlisle £45,000+ SOLD £57,000 4 399 Mossbay Road, Workington £40,000 - £50,000 SOLD £42,000 5 2 Woodbank, Whitehaven £50,000 - £60,000 SOLD £78,000 6 37 Aglionby Street, Carlisle £95,000+ SOLD £135,000 7 35 Wyndham Row, Broughton Moor, Maryport £40,000+ SOLD AFTER 8 The Coach House, Ponsonby, Seascale £165,000+ SOLD £192,000 9 Coniston, Barrock Park, Low Hesket, Carlisle £80,000+ SOLD AFTER 10 14 Durranhill Road, Carlisle £55,000+ SOLD £58,000 11 Abbey Farm, Abbeytown £80,000+ WITHDRAWN 12 47 Cambridge Road, Hensingham, Whitehaven £35,000 - £45,000 SOLD £51,500 13 Westray, Wodow Road, Thornhill, Egremont £90,000+ SOLD AFTER 14 12 Silloth Street, Carlisle £60,000+ POSTPONED 15 2 Southside, Chapel Street, Flimby, Maryport, Cumbria £30,000+ SOLD £28,000 16 Land Adjacent Lister Terrace, Great Broughton, Cockermouth £35,000+ AVAILABLE 17 2 Curzon Street, Maryport £60,000+ SOLD £60,000 18 87 Harrington Road, Workington £55,000+ SOLD £60,000 19 Sour Nook Inn, Sebergham, Nr Carlisle £250,000+ WITHDRAWN 20 Brewers Arms, Arrowthwaite, Whitehaven £35,000+ SOLD £38,000 21 25 Peel Street, Carlisle £60,000 - £70,000 AVAILABLE 22 63 Musgrave Street, Penrith £95,000+ SOLD £99,000 23 Cliffsyde Cottage, Wasdale Park, Seascale £55,000+ SOLD AFTER 24 24 Eskdale Crescent, Mooreclose, Workington £50,000 - £60,000 SOLD £57,000 25 86 Valley View Road, Greenbank, Whitehaven £30,000 - £40,000 POSTPONED 26 4 Blundell Road, Harraby, Carlisle £55,000+ AVAILABLE 27 127 Lower Senhouse Street, Maryport £80,000+ SOLD AFTER 28 30 Trumpet Road, Cleator Moor £35,000 - £45,000 SOLD £46,500 29 9 Duke Street, Cleator Moor £30,000+ SOLD £30,000 30 Seaton Allotments, Off Lowca Lane, Seaton, Workington £15,000+ SOLD £20,000 31 2 Lyall Place, Netherton Maryport £40,000 - £50,000 SOLD AFTER 32 Craig Bank, 2 Craig Road, Workington £195,000+ SOLD AFTER 33 25 Highfield Road, Barrow in Furness £55,000+ SOLD £56,500 34 Inwood, Leece, Barrow in Furness £120,000+ SOLD £110,000 35 35 Napier Street, Dalton in Furness £45,000 - £55,000 SOLD £52,000 36 91 Worcester Street, Barrow in Furness £55,000 - £65,000 SOLD £55,000 37 Flat 4D, The Courtyard, Lowther Street, Kendal £55,000+ SOLD AFTER 38 25 Union Street, Dalton in Furness £55,000 - £65,000 SOLD £76,000 39 4 Market Street, Dalton in Furness £55,000+ SOLD AFTER 40 Stables Furniture Store, 2 Soutergate, Ulverston £250,000+ POSTPONED 41 17 Lowther Road, Millom £85,000+ SOLD £91,000 42 93 Chapel Street, Dalton in Furness £75,000+ SOLD £78,000 Feb BC_Layout 1 25/01/2012 11:49 Page 1

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