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Monday 25Th March 2019 2.00Pm the Etihad Stadium 93.20 Central Manchester City Football Club Sport City Manchester M11 3FF AUCTION VENUE

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Monday 25Th March 2019 2.00Pm the Etihad Stadium 93.20 Central Manchester City Football Club Sport City Manchester M11 3FF AUCTION VENUE PLEASE NOTE CHANGE OF DAY Monday 25th March 2019 2.00pm The Etihad Stadium 93.20 Central Manchester City Football Club Sport City Manchester M11 3FF AUCTION VENUE Etihad Campus Briscoe Lane Philips Park GAS Key: Bradford Road M60N A1 Entrances Bus Stops G Metrolink Stops GAS H GATE 2 Etihad Campus Car Parking 53, 217, 218 Etihad Stadium Joe M M L Manchester Regional Arena A National Squash Centre K ercer Tennis l a n J Centre U Main Entrance T Way u - The Colin Bell Stand r i CITY STORE n g F East Stand Entrance & TICKET OFFICE W a £ Cash Machine y BT CITY SQUARE A 6 t BARS & CAFE 0 e 1 e r 0 t S GATE 3 t c u S ibbon treet d National G a i Squash V £ w Centre A1 e A2 Ashton Canal N B1 Z3 B2 Manchester Z1 C Y2 Regional D Arena Y1 Monday 25th March 2019 X E W F V Philips Park Rd Rowsley G 2.00pm Street U H T J ASDA S A K1 K2 GATE 13 R P2 Commonwealth L1 P1 N2 L2 GATE 11 Citizens Way N1 M2 M1 J The Etihad Stadium CA B R DE ALERSHIP C Way Ashton New Road D Ashton New Road 188,216,217, 188,216,217, 218,231,236, 218,231,236, Gre 93.20 Central 237 237 Councillor St city@home GATE 7 y Mare Ln Manchester City Football Club Albert Street M60S/E Sport City Manchester M11 3FF Visitors directions on the day Everyone attending the auction should enter via gate 7 on Ashton New Road (A662) and park in the adjacent Car Park. The 93.20 Central is accessible via the South Stand Reception (Near M2) and overlooks Ashton New Road. auctionhouse.co.uk/manchester MESSAGE FROM THE AUCTIONEERS Ian Hill BSc (EstMan) Amanda Lamont Victoria Hindle Yvette Taylor Sarah Lynn FRICS MNAVA Registration Administrator Administrator Director Manager/Valuer Sales Up Yet Again At Auction House Despite Tough Trading Conditions Following the first round of auctions for the year, Auction House nationally recorded sales of 508 up nearly 8% from last year at a success rate of over 74% raising a total of over £55.7million. Our results in Manchester were even more impressive with 86% sold in our February auction following on from 89% sold in December reflecting the strong demand in the North. We are noticing a significant increase in buyers from outside the region, especially from the South East, who are recognizing the attractiveness of investing in the North with the very strong yields. Today is no exception with potential yields in double figures in some cases. Today we have everything from properties requiring a full refurbishment to those ready to move tenants in, various parcels of land some with a nil reserve, commercial opportunities, residential investments and even the opportunity to open your own Guest House in Blackpool! Without doubt selling at auction has never been easier or faster and it’s the speed and certainty of the process that is so appealing. There are numerous opportunities available to able buyers and a good chance for sellers to turn surplus assets into cash quickly. So if you want to have your property sold in our Monday 20th May auction and have the sale completed before the summer speak to myself or Amanda and take advantage of our NO SALE NO FEE offer including FREE ENTRY. Good Luck with your bidding! Ian Hill Director INTRODUCING AGENTS NEXT AUCTION DATES 20th May 2019 • 9th July 2019 • 3rd September 2019 • 22nd October 2019 AUCTION INFORMATION Administration Charge Purchasers will be required to pay by cheque, an Pre Auction Sales Offers made on property included in this auction may be administration charge of 0.6% inc VAT of the purchase price subject to a accepted by the Vendor prior to the auction. In such instances all buyer minimum of £900.00 (£750.00 + VAT) or the fixed figure as stated in the charges will be payable including the Administration Charge, any Buyers property details, in addition to the deposit. A VAT receipt will be issued after Premium plus all other payments detailed in the Special Conditions of Sale. the auction. Some lots may carry additional charges, please check the If you are intending to bid at the auction for a specific lot, we recommend catalogue description and legal pack. that you keep in contact with the Auctioneer's office. Attending the Auction It is always wise to allow sufficient time to The Auctioneers or Vendors cannot be held responsible for costs incurred in get to the auction. Legal packs for most of the properties will be respect of any lot which is withdrawn or sold prior to auction. available for inspection. It is important you read these and the final Post Auction Sales If a property you are interested in is not sold during the addendum/amendment sheet which will also be available as any auction please speak to the Auctioneer and make an offer at, above or below purchase will be subject to these. the Guide. Your offer will be put forward to the Vendor and if accepted, you Bidding Each property will be offered individually by the Auctioneer. Ensure will be able to proceed with your purchase under auction rules. Offers should that your bids are clear and noticed by the Auctioneer. If you are successful take into account the Administration Charge, any Buyers Premium plus all in bidding for the property you will be approached by a member of Auction other payments detailed in the Special Conditions of Sale as all of these are House staff who will request your personal information and identification. still payable irrespective of the circumstances. You will then be guided to our administration area and then the cashier desk Proof of Identification In order to comply with Anti-Money Laundering for payment of the deposit. regulations we ask that all prospective purchasers provide Proof of Identity Bidding by Proxy or Telephone If you are unable to attend the auction you and Residence. Please bring your passport or photographic UK driving licence are invited to contact us to discuss special arrangements for bidding by proxy and a recent utility bill, bank statement or council tax bill to the auction. If or telephone. A Non-Attending Bid or Telephone Bid form and conditions purchasing on behalf of a company you will also need a letter of authority are included in auction catalogues or can be downloaded from the Bidding on company letterhead. We will carry out Electronic AML checks on successful Form links on our website. buyers and remote bidders. It will include a search with Experian who may check the details you supply against any particulars on any database (public Buyers Premium Purchasers of some lots will be required to pay a Buyers or otherwise) to which they have access. They may also use your details in Premium to the auctioneer in addition to the deposit - see individual the future to assist other companies for verification purposes. A record of property details. the search will be retained. Deposit When you sign the Memorandum of Sale you will be asked to pay Reserve Price Each property will be offered subject to a reserve price which a deposit of 10% of the purchase price subject to a minimum deposit of we expect will be set within the guide price range or no more than 10% above £5,000. Deposits can only be paid by electronic bank transfer, bankers draft, a single figure guide. This is a confidential figure set between the Vendor and personal cheque, debit card or building society cheque. Cash or credit card the Auctioneer just prior to the auction. It is a figure below which the payments will not be accepted. Please note, should the cheque have to be Auctioneer cannot sell the property during the auction. After the auction represented, a processing charge of £60.00 (£50.00 + VAT) will be charged offers will be sought and considered on Unsold Lots at prices below the by deduction from the deposit. reserves. Disbursements Some disbursements may become payable by the purchaser Solicitors Details The name, address and telephone number of the solicitor on completion, these will be detailed in the Special Conditions of Sale within who will be acting for you in any purchase will be required before you leave the property’s Legal Pack. the auction room. Disclaimer Particulars on the website and within our catalogue are believed The Catalogue Details of the property and land to be sold are set out in our to be correct but their accuracy is not guaranteed. Information relating to catalogue and on our website auctionhouse.co.uk All lots are sold subject to Rating matters has been obtained by verbal enquiry only. Prospective Special Conditions of Sale. It is important that prospective purchasers satisfy purchasers are advised to make their own enquiries of the appropriate themselves as to the location, boundaries, condition and state of the lots Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. before the auction. The Contract The Memorandum of Sale will be signed in duplicate. One Energy Performance Certificates (EPCs) Where required we include EPC copy will be given to you, which you must give to your solicitor. The second ratings within Full Details and on the lot page within our catalogue. When copy will be retained by the Vendors’ solicitor. Completion usually takes place available EPC Graphs can be viewed online at auctionhouse.co.uk.
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