Cardiff North Hotel Thursday 24 October 2019 5.00Pm Circle Way East, Llanedeyrn Cardiff CF23 9XF Tel: 029 2058 9988

residential & commercial auction catalogue

Wales & West Country Thursday 24 October 2019 5:00pm Important notes to be read by all bidders

1. Attention is drawn to the General Conditions of Sale printed 8. Reference made to any fixtures or fittings does not imply that within this catalogue. Special Conditions of Sale and supporting these are in working order and have not been tested by the documentation are available prior to the Auction from the Auctioneers or Agents instructed. Purchasers should establish Auctioneer’s Offices and will be available in the Auction Room the suitability and working condition of these appliances for inspection. Original documentation may be inspected for themselves. plan colouring etc. 9. No representation or warranty is made in respect of the 2. Any measurements or sizes referred to in the particulars are structure of any property nor in relation to the state of repair approximate and may be liable to slight variation. They are for thereof. The Auctioneers advise that prospective purchasers guidance only and do not form part of any contract. should arrange for a survey of the property to be under-taken by a professionally qualified person. 3. Any plans and photographs published are for the convenience of prospective purchasers and do not form part of any contract. 10. The Auctioneers reserve the right to amend the Order of Sale. Prospective purchasers intending to attend the Auction to bid 4. Leasehold information included in the catalogue or addendum are advised to contact the Auctioneers prior to the Auction to refers to current terms and may be subject to review or check whether the particular property has been withdrawn or increment. Purchasers are advised to refer to legal documents sold prior. Neither the Auctioneers nor the Vendors can be held for details. responsible for any losses, damage or abortive costs, incurred in respect of lots which are withdrawn or sold prior. 5. All prospective purchasers shall be deemed to have inspected the property and made the usual pre-Contract Searches and 11. AUCTION FEES AND ADDITIONAL COSTS Enquiries. Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum 6. If it is necessary to publish an Addendum to the catalogue or of £750) including VAT unless otherwise stated. This fee is make any Addendum announcements, the Addendum will be payable upon the fall of the hammer or at the point of exchange available in the Auction Room and the Auctioneers will make any for pre/post auction sales. announcements prior to the commencement of the Auction.

Purchasers shall be deemed to purchase with full knowledge of Additional costs: The purchase of the property may include this information. additional associated costs. These can include (but are not limited to), VAT (if applicable), reimbursement of seller’s search 7. The successful bidder is under a binding contract as soon as the fees, reimbursement of seller’s legal or sales costs, stamp duty Auctioneer’s gavel falls on his or her bid. Immediately thereafter and rent arrears. Prospective purchasers are strongly advised the purchaser is required to provide the Auctioneer’s Clerk with to inspect the legal documents prior to the auction, including a note of his/her name and address and that of his/her solicitors the contract for sale and special conditions and to seek and to sign a Memorandum of Sale and pay the required deposit independent legal advice. as well as the buyers premium before leaving the Auction Room. Failure to follow this procedure may result in the property being re-offered.

2 complimentary parking available auction details

M4 M4 M4 30

A48(M)

Pentwyn A48 29a St Mellons

Llanrumney A48 A470 A469 Llanedeyrn The Cardiﬀ North Hotel

A48 Gabalfa Flyover A48 Newport Rd

Cardiﬀ

The Cardiff North Hotel Thursday 24 October 2019 5.00pm Circle Way East, Llanedeyrn Cardiff CF23 9XF Tel: 029 2058 9988

3 Order of sale

Lot Property Address

1 203 Park Road, Treorchy

2 30 Clyffard Crescent, Newport

3 2 Penrhyn Terrace, Phillipstown, New Tredegar

4 5 Mount Pleasant, Trecynon, Aberdare

5 85 Cardiff Road, Abercynon, Mountain Ash

6 3 Eastfield Place, Merthyr Tydfil

7 Development Site at Broadway, Laugharne, Swansea

8 Chalet 127, Carmarthen Bay Holiday Park, Kidwelly

9 4 Wern Street, Tonypandy

10 2 Thomas Street, Aberfan, Merthyr Tydfil

11 74 Commercial Road, Abercan, Newport

12 27 Old Park Terrace, Pontypridd

13 Bellam House, Penygarn Road, Penygarn, Pontypool

14 70/72 Arail Street, Six Bells, Abertillery

15 2 School Terrace, Blaengarw, Bridgend

16 44 South Street, Bargoed

17 13a & 13b Victoria Street, Cwmbran

18 Land lying to the South of New Chapter Farm, Coley, East Harptree, Bristol

19 Units 6-8a, Ton Pentre Industrial Estate, Llanfoist, Pentre

20 Flats at 60 Cardiff Road, Newport

21 97 Gwern Berthi Road, Cwmtillery, Abertillery

22 31 Beaufort Street, Brynmawr, Ebbw Vale

23 Freehold Reversion, 232 Chepstow Road, Newport

24 2 Barns at Church Farm, Clemenstone, Cowbridge

25 Plot adjacent to 1 Bedlinog Terrace, Bedlinog, Treharris

26 42 Brynteg Terrace, Merthyr Vale, Merthyr Tydfil

27 19 Old Park Terrace, Pontypridd

28 64 Main Street, Barry

29 180 Aberrhondda Road, Porth

30 Former Colliers Arms, 31 Hebron Road, Clydach, Swansea

4 Residential Commercial

Lot Property Address

31 Land at the Former Nursery School, Queen Street, Brynmawr, Ebbw Vale

32 12 Blake Road, Newport

33 Yard & Workshops, Graddfa Industrial Estate, Llanbradach, Caerphilly

34 Valley View, Penrhiwbicca, Newbridge

35 58-62 Bush Street, Pembroke Dock

36 Garage/Workshop at Maxwell Street, Ferndale

37 Garthbrengy, Garthbrengy, Brecon

38 Land adjacent to 44 Bransby Road, Tonypandy

39 38 High Street, Neyland, Milford Haven

40 17 Wood Road, Pontypridd

41 69 Richard Street, Maerdy, Ferndale

42 178 East Road, Tylorstown, Ferndale

43 Land opposite 12-16 Brithweunydd Road, Tonypandy

44 Land at Brook Street, Blaenrhondda, Treorchy

45 57 Oakfield Terrace, Nantymoel, Bridgend

46 The Bontnewydd Hotel, High Street, Trelewis, Treharris

47 The Venue, Spa Road, Llandrindod Wells

48 67 Alltygrug Road, Ystalyfera, Swansea

49 Building Plot at 63 Wimborne Road, Pencoed, Bridgend

50 Flats 1-4, 27 Gurnos Road, Ystalyfera, Swansea

51 Land at Samuels Road/Gwilym Road, Cwmllynfell, Swansea

52 34 Arthur Street, Mountain Ash

53 31 Clytha Square, Newport

54 3 Ystalyfera Court (Basement/GFF & Parking Space), 82 Commercial Street, Ystalyfera, Swansea

55 Penrallt Cottage, Main Main Street, Fishguard

56 10 Richards Terrace, Aberdare

57 2 Pantile Row, Glyncorrwg, Port Talbot

58 255 & 257 High Street, Blackwood

59 10 Armoury Terrace, Ebbw Vale

5 LOT 203 Park Road, Treorchy CF42 6HY 1 Guide Price £35,000+ (plus fees/costs, see page 2)

House for Owner Occupation/Investment DESCRIPTION A traditional mid terrace house which has recently benefitted from upgrading to include some replastered walls but now requires finishing works. The village of Cwmparc is ideally situated for the nearby town of Treorchy with its extensive range of shopping facilities, amenities and transport links including train station. ACCOMMODATION Ground Floor: Entrance hall, lounge/dining room, kitchen, bathroom First Floor: Landing, 3 bedrooms Outside: Rear garden with storage shed TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 14.20

Paul Fosh Auctions Contact: Sean Roper

LOT 30 Clyffard Crescent, Newport NP20 4GF 2 Guide Price £139,000+ (plus fees/costs, see page 2)

House for Renovation/Owner Occupation DESCRIPTION A traditional, five bedroom, three storey, semi detached house situated in a popular residential area close to Newport city centre. Newport offers an extensive range of amenities, including a railway station providing links to Cardiff, Bristol and beyond. The property requires renovation and may be suitable for conversion to flats (subject to necessary planning consent). The house offers good sized accommodation throughout, off road parking and a rear garden area with side access. ACCOMMODATION Ground Floor: Living room, reception room, dining room, kitchen First Floor: 3 bedrooms, wc, bathroom Second Floor: 2 bedrooms Outside: Off road parking, gardens to front, side and rear TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING SCHEDULE Date Time Tues 08 Oct - Mon 14 Oct - Mon 21 Oct 13.15

Paul Fosh Auctions Contact: Ryan Saunders

6 LOT 2 Penrhyn Terrace, Phillipstown, New Tredegar NP24 6BG 3 Guide Price £18,000+ (plus fees/costs, see page 2)

House for Owner Occupation/Investment DESCRIPTION A mid terrace property situated in Phillipstown near New Tredegar. This two bedroom house would make an ideal investment for buy to let or even renovate to resell. Further benefits include double glazed windows and gas central heating (not tested). The area of Phillipstown has local amenities available but a wider range of facilities, shops, supermarkets etc are available in the nearby town of Bargoed. ACCOMMODATION Ground Floor: Entrance, living/dining room, kitchen, shower room First Floor: 2 bedrooms Outside: Yard to rear TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 12.50

Paul Fosh Auctions Contact: Ryan Saunders

LOT 5 Mount Pleasant Street, Trecynon, Aberdare CF44 8NF 4 Guide Price £35,000+ (plus fees/costs, see page 2)

House For Owner Occupation/Investment DESCRIPTION An ideal opportunity to acquire a three bedroom property requiring updating. The property is situated in one of the most popular areas of Aberdare close to local amenities and shopping facilities. The house offers generous accommodation over two floors and benefits from gas central (not tested) and is mostly double glazed. ACCOMMODATION Ground Floor: Entrance, 2 reception rooms, kitchen area First Floor: Landing, 3 bedrooms, shower room Outside: Front and rear garden TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Wed 09 Oct - Tues 15 Oct - Mon 21 Oct 12.00

Paul Fosh Auctions Contact: Sean Roper

7 LOT 85 Cardiff Road, Abercynon, Mountain Ash CF45 4PN 5 Guide Price £50,000+ (plus fees/costs, see page 2)

Residential Investment DESCRIPTION A traditional mid terraced house situated in a popular residential location in the sought-after village of Abercynon. The property benefits from single UPVC glazing, gas central heating (not tested) and has generous accommodation over two floors. The tenant has been in occupation for a number of years and has expressed a keenness to remain. ACCOMMODATION Ground Floor: Entrance hallway, lounge/dining room, kitchen First Floor: Landing, 3 bedrooms, bathroom Outside: Rear garden TENANCIES: The property is let on an AST at £90 pw (£4,680 pa) TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Wed 09 Oct - Tues 15 Oct - Mon 21 Oct 10.00

Paul Fosh Auctions Contact: Sean Roper

LOT 3 Eastfield Place, Merthyr Tydfil CF47 0UP 6 Guide Price £45,000 + (plus fees/costs, see page 2)

House for Owner Occupation/Investment DESCRIPTION A bay fronted mid terraced house in need of upgrading and modernisation. The property is situated in a proper location within easy reach of local amenities and shopping facilities, Merthyr Tydfil town centre and retail parks. The property benefits from gas central heating (not tested) and offers generous accommodation over two floors and externally has a pleasant garden to rear with fine views. ACCOMMODATION Ground Floor: Entrance hallway, lounge, dining room, kitchen area, bathroom area First Floor: Landing, 3 bedrooms Outside: Forecourt, rear garden TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Wed 09 Oct - Tues 15 Oct - Mon 21 Oct 13.00

Paul Fosh Auctions Contact: Sean Roper

8 LOT 7 Development Site at Broadway, Laugharne, Carmarthen SA33 4NS Guide Price £350,000+ (plus fees/costs, see page 2)

Development Opportunity (42 Dwellings) DESCRIPTION An opportunity to acquire a green field residential development site measuring approximately six acres in the picturesque village of Laugharne. The site occupies a mainly level and regular shaped area in a rural setting which is framed by treeline and hedgerow boundaries.

The town of Laugharne is situated approximately 30 miles south west of Carmarthen and the A48 leading to the M4 motorway.

Planning: Full planning permission was previously granted for 42 dwellings with 30% affordable housing provision to Carmarthen LDP.

TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

9 LOT Chalet 127, Carmarthen Bay Holiday Park, Kidwelly SA17 5HQ 8 Guide Price £12,000+ (plus fees/costs, see page 2)

Holiday Chalet DESCRIPTION A spacious holiday chalet that has benefited from upgrading to include modern interior with fitted kitchen and appliances, attractive white bathroom suite and redecoration throughout. The property also benefits from UPVC double glazing. The Park Dean resort benefits from an excellent range of amenities and has an entertainment complex with heated swimming pool, bar and convenience store. There are also wonderful views across the estuary. ACCOMMODATION Ground Floor: Entrance, lounge/kitchen, 3 bedrooms, bathroom Outside: Patio area TENANCIES: To be sold with vacant possession The income so far in 2019 after commission deducted is £5,920 TENURE: Advised Leashold (63 years from 2003) - to be verified by solicitor VIEWING SCHEDULE Date Time Fri 11 Oct - Thurs 17 Oct - Wed 23 Oct 10.00 Paul Fosh Auctions Contact: Sean Roper

LOT 4 Wern Street, Tonypandy CF40 2BQ 9 Guide Price £69,000+ (plus fees/costs, see page 2)

Residential Investment DESCRIPTION A large traditional semi detached house located in a popular area of Tonypandy close to local amenities with good road links nearby to the towns of Tonypandy and Pontypridd. This large bay fronted property offers generous accommodation throughout with front and back gardens. The house further benefits from gas central heating (not tested), double glazing and a double garage to the rear. ACCOMMODATION Ground Floor: Entrance hallway, living/dining room, kitchen, bathroom First Floor: Landing, 4 bedrooms, bathroom Second Floor: Usable loft space Outside: Front and rear gardens with double garage to rear TENANCIES: The property is let on an AST at £500 pcm (£6,000 pa). The tenant has been in situ for approximately 5 years and is keen to remain. TENURE: Advised Freehold - to be verified by solicitor VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 12.30 Paul Fosh Auctions Contact: Ryan Saunders

10 LOT 2 Thomas Street, Aberfan, Merthyr Tydfil CF48 4NY 10 Guide Price £37,000+ (plus fees/costs, see page 2)

House For Owner Occupation/Investment DESCRIPTION A traditional mid terraced house situated in a popular residential street. The village of Aberfan benefits from a good range of amenities including a nearby train station with direct links to Cardiff. The property benefits from UPVC double glazing, gas central heating (not tested) and has fitted bathroom, kitchen and offers scope for further improvement. ACCOMMODATION Ground Floor: Entrance hallway, lounge/dining room, kitchen, bathroom First Floor: Landing, 3 bedrooms Outside: Rear garden TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Wed 09 Oct - Tues 15 Oct - Mon 21 Oct 13.45

Paul Fosh Auctions Contact: Sean Roper

LOT 74 Commercial Road, Abercarn, Newport NP11 5AJ 11 Guide Price £54,000+ (plus fees/costs, see page 2)

House For Owner Occupation/Investment DESCRIPTION An impressive double fronted mid terraced house with fine views to the front. The property requires full upgrading but benefits from mostly UPVC double glazing and would make a wonderful family home or would suit an investor looking for resale. The village of Cwmcarn benefits from an excellent range of amenities and shopping facilities and is adjacent to the well known Cwmcarn Forest Drive. There are also excellent road links to Newport and the M4 motorway. ACCOMMODATION Ground Floor: Entrance, 2 reception rooms, kitchen, bathroom First Floor: Landing, 3 bedrooms Outside: Forecourt, elevated rear garden and yard TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 10.00

Paul Fosh Auctions Contact: Sean Roper

11 LOT 27 Old Park Terrace, Pontypridd CF37 1TG 12 Guide Price £54,000+ (plus fees/costs, see page 2)

Residential Investment DESCRIPTION A stone built mid terrace house situated in a convenient position close to the University of South Wales, Treforest campus. The property benefits from a gas combination boiler (not tested) and majority UPVC double glazing. Pontypridd town centre is a short distance away providing a large range of amenities including train station with direct links to Cardiff. Road links are provided via the A470 with easy access to Merthyr Tydfil, Caerphilly, Cardiff and the M4 motorway. ACCOMMODATION Ground Floor: Entrance porch, living room, kitchen, bathroom, wc First Floor: 2 bedrooms Outside: Forecourt, rear yard TENANCIES: The property is let on an AST at £550 pcm (£6,600 pa) TENURE: Advised Freehold - to be verified by solicitor VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 10.00

Paul Fosh Auctions Contact: Ryan Saunders

buyer’s premium Buyers, in addition to the 1% purchase price, buyers will be required to pay a buyer’s premium of 1.2% or Minimum £750.00 inc VAT per lot.

12 LOT Bellam House, Penygarn Road, Penygarn, Pontypool NP4 8BG 13 Guide Price £82,000+ (plus fees/costs, see page 2)

Detached Residence for Owner Occupation/Investment DESCRIPTION A spacious cottage style detached property that has been The town of Pontypool benefits from an excellent range of local extensively upgraded and improved. The property benefits from amenities and shopping sources including Tesco supermarket UPVC double glazing and gas central heating (not tested) and and has superb road links to Cwmbran, Newport and the M4 there is a stunning new kitchen with appliances, attractive ceiling motorway. light and refitted bathroom. ACCOMMODATION Ground Floor: Entrance, 2 reception rooms, bathroom, kitchen First Floor: Landing, 3 bedrooms Outside: Garden to rear TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 16.30 Paul Fosh Auctions Contact: Sean Roper

13 LOT 70/72 Arail Street, Six Bells, Abertillery NP13 2NQ 14 Guide Price £38,000+ (plus fees/costs, see page 2)

Development Opportunity DESCRIPTION An opportunity to acquire two interconnecting terraced houses that had previously been converted for office use. The property would be ideal for conversion back to residential either as two houses or potentially a number of flats (subject to necessary planning consents). The property has previously benefited from improvement works with UPVC double glazing, gas central heating (not tested) and re plastering of walls. The Village of Six Bells is ideally situated for access to good road links to the towns of Abertillery and Newbridge. ACCOMMODATION 70 Ground Floor:: Entrance hall, room, kitchen, disabled wc First Floor: 2/3 rooms 72 Ground Floor:: Hallway, room, disabled wc First Floor: Landing, room, wc's, store room Outside: Rear yard with elevated garden TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 15.50 Paul Fosh Auctions Contact: Sean Roper

LOT 2 School Terrace, Blaengarw, Bridgend CF32 8NF 15 Guide Price £32,000+ (plus fees/costs, see page 2)

House for Owner Occupation/Renovation DESCRIPTION A four bedroom three storey house in need of renovation. The property is situated in the popular village of Blaengarw in Bridgend, which offers a range of amenities and the primary school is a short distance away. The house has a dormer installed on the second floor providing a good sized fourth bedroom, there are also plans approved for an extension to the rear. Although some improvements have been made renovation is required throughout. ACCOMMODATION Ground Floor: Living/dining room, kitchen area, bathroom area First Floor: 3 bedrooms Second Floor: Bedroom Outside: Forecourt, rear garden with lane access TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING SCHEDULE Date Time Fri 11 Oct - Thurs 17 Oct - Wed 23 Oct 15.10

Paul Fosh Auctions Contact: Ryan Saunders

14 LOT 44 South Street, Bargoed CF81 8SU 16 Guide Price £69,000+ (plus fees/costs, see page 2)

House for Owner Occupation/Investment DESCRIPTION A traditional bay fronted mid terrace house located in the popular area of Bargoed, close to local amenities, schools and short walk into the town centre with a more extensive range of facilities. This extended property is in good condition throughout but does require updating. Further benefits include gas combination boiler (not tested), UPVC double glazing and a detached double garage to the rear. ACCOMMODATION Ground Floor: Entrance hallway, living/dining room, kitchen First Floor: Landing, bath/shower room, 3 bedrooms Outside: Forecourt, level rear garden, detached double garage TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 12.10

Paul Fosh Auctions Contact: Ryan Saunders

thinking of selling at auction? Unsure of what to do next? Speak to one of our professional advisors who are always at hand to offer specialist advice about selling your property at auction. Call us on 01633 254044 or visit www.paulfoshauctions.com

15 LOT 13a & 13b Victoria Street, Cwmbran NP44 3JS 17 Guide Price £100,000+ (plus fees/costs, see page 2)

Commercial Investment DESCRIPTION An opportunity to acquire two freehold shop units comprising a The town of Cwmbran is ideally situated to the M4 motorway and double retail unit and one single unit. Both units are currently let Newport with Cardiff to the west and Bristol to the east. with one being a hairdressing salon and the other a gentleman's barbers. The properties are situated in the popular area of Old The property is being sold with the freehold for the whole Cwmbran with other occupiers including solicitors, florists and a building with three flats being sold off on long leaseholds. dress hire shop amongst others. TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION Floor Description Rent 13a A double shop unit with reception and salon area, washroom/wc. £600 pcm 13b A single shop unit with salon area, basement, storeroom, kitchen, wc. £450 pcm Total £12,600 pa

VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 17.15

Paul Fosh Auctions Contact: Sean Roper

16 LOT 18 Land lying to the South of New Chapter Farm, Coley, East Harptree, Bristol BS40 6AW Guide Price £10,000+ (plus fees/costs, see page 2)

Plot with Potential DESCRIPTION A plot of land which offers potential for development (subject to the necessary planning consents). This elevated plot is located in the sought after village of East Harptree which is close to the Mendip Hills, an area of outstanding natural beauty. Good road links are available to the nearby towns and villages via the A39 and A368. WithdrawnPlanning Permission Prior: To our knowledge no planning applications have been submitted. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Ryan Saunders

deposit Buyers, the minimum deposit is £3,000 or 10% of the maximum bid price, whichever is the greater.

17 LOT Units 6 - 8a, Ton Pentre Industrial Estate Llanfoist Street, Pentre CF41 7EE 19 Guide Price £90,000+ (plus fees/costs, see page 2)

Commercial/Industrial Investment DESCRIPTION An opportunity to acquire a block of industrial units which are both pedestrian access and roller shutter doors for deliveries etc. currently let to established tenants who are keen to remain in occupation. The property comprises a two storey unit split into The village of Gelli is ideally situated for access to Treorchy and two parts, both with separate access, a single story unit with Tonypandy and has good road links to the M4 motorway. TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION Floor Description Area Sq Ft Area Sq M Rental Unit 8 Ground Floor Single storey unit interconnecting to unit 7 850 78.97 £2,400 pa Unit 6 Ground Floor Entrance, storage office, kitchenette, wc, roller shutter door 2,600 241.55 Unit 7 Ground Floor Single storey unit with kitchenette, wc, roller shutter doors 1,400 130.06 Unit 8a First Floor Office space, wc, kitchenette, 2 offices 850 88.26 £6,900 pa Total 5,700 538.84 £9,300 pa Outside Parking areas, communal access * There is insurance rent payable in addition to the passing rent on each unit. * The total rent for units 6, 7 & 8a is £6,900 pa VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 13.30

Paul Fosh Auctions Contact: Sean Roper

18 LOT Flats at 60 Cardiff Road, Newport NP20 2EG 20 Guide Price £390,000 + (plus fees/costs, see page 2)

Residential Investment DESCRIPTION An opportunity to purchase a block of residential flats located in The flats have their own separate leases, with the ground rent Newport city centre. The block has been extended and improved, being charged at £150 per annum per flat. All flats have separate providing five flats, all with tenants in situ. This property is ideally meters for utilities, with four out of five flats benefiting from gas located next to the Royal Gwent Hospital and the location offers heating (not tested). Whilst the remaining flat has electric heating excellent amenities, shops and leisure facilities. There are also (not tested). good road links available, the M4 motorway is a short drive away Newport has seen a surge in investment over the last 24 months, and can be easily accessed at Junctions 24, 26, 27 & 28, making it and this property is an excellent opportunity for an investor to ideal for commutes to Cardiff and Bristol. This impressive building obtain five good standard flats with assured shorthold tenancy is very generous in size and the freehold will be included in the agreements in place, providing approximately £30,408 per sale (which means the new owner can decide on suitable service annum. charge rates). Viewing Schedule Tues 08 Oct - Mon 14 Oct - Mon 21 Oct - 12.15 TENANCIES: All flats fully occupied on ASTs TENURE: 5 Leasehold flats and 1 Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION Address Rental Income PCM Rental Income PA Flat 1 - 1 bedroom £468.18 £5,618 Flat 2 - 2 bedrooms £495.78 £5,950 Flat 3 - 2 bedrooms £560.00 £6,720 Flat A - 1 bedroom £495.00 £5,940 Flat B - 1 bedroom £515.00 £6,180 Total £2,533.96 £30,408

Paul Fosh Auctions Contact: Ryan Saunders

19 LOT 97 Gwern Berthi Road, Cwmtillery, Abertillery NP13 1QZ 21 Guide Price £17,000+ (plus fees/costs, see page 2)

Development Opportunity DESCRIPTION A former post office with sizeable accommodation over three floors. The property requires full modernisation and would be ideal as either one large dwelling or flats (subject to necessary planning consents). The property is situated in a popular location close to the Cwmtillery Lakes with good road access to Abertillery and its wide range of shopping facilities, amenities and transport links. ACCOMMODATION Ground Floor: Entrance, former shop area, rear room Lower GF: Rooms 1/2, bathroom area, kitchen area First Floor: Landing, 3 bedrooms Outside: Exceptionally spacious rear garden which is currently overgrown TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 15.10 Paul Fosh Auctions Contact: Sean Roper

legal packs

The legal packs can be updated at any time and you should therefore check with the auctioneers on the day of the auction to check all the details.

20 LOT 31 Beaufort Street, Brynmawr, Ebbw Vale NP23 4AB 22 Guide Price £45,000+ (plus fees/costs, see page 2)

Commercial Investment/Development Opportunity DESCRIPTION A substantial freehold building comprising three storeys of building would be ideal for a number of other uses including a mix accommodation. The property is situated in the village of of retail with residential above (subject to necessary planning Brynmawr, close to the town of Ebbw Vale and between the consents). Other occupiers on the street include Greggs, Well towns of Abergavenny and Merthyr Tydfil. The property has most pharmacy and a number of estate agents and independent recently traded as a ladies fashion store but this versatile traders.

Viewing Schedule: TENANCIES: Let on a short 12 month lease at a peppercorn rent Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct - 14.20 to New Look Retailers LTD with landlords break option of not less than 60 day notice (lease in legal pack) TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION Floor Area Sq Ft Area Sq M Ground Floor Sales Area 811 75.34 First Floor 732 68.00 Second Floor 990 91.97 Total 2,533 235.31

Paul Fosh Auctions Contact: Sean Roper

21 LOT Freehold Reversion, 232 Chepstow Road, Newport NP19 8EN 23 Guide Price £2,000+ (plus fees/costs, see page 2)

Freehold Reversion DESCRIPTION An opportunity to purchase a freehold reversion on an end of terrace block of flats located on the popular Chepstow Road in Newport. ACCOMMODATION The building is made up of four flats: Flat Lease Flat 1 99 year lease from 7th August 1991 Flat 2 999 year lease from 7th August 1991 Flat 3 999 year lease from 13th February 2007 Flat 4 999 year lease from 13th February 2007 Ground rent is charged at £25 pa VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Ryan Saunders

insure Buyers should be aware that it is your responsibility to insure any property that you purchase from exchange of contracts.

22 LOT 2 Barns at Church Farm, Clemenstone, Cowbridge CF71 7PZ 24 Guide Price £35,000 + (plus fees/costs, see page 2)

Barns with Planning DESCRIPTION An opportunity to acquire two single storey barns in this highly Directions: sought after location. The barns are both of stone construction From the town of Cowbridge, take the road left at the western and are situated in a wonderful rural setting. The small hamlet of end of the High Street/Westgate, towards Llantwit Major. Proceed Clemenstone is situated close to Llandow and Wick which both along this road for about 2 miles and at the Nash Manor have a good range of amenities and good road links. The barns crossroads take the turning for Llandow Village. Go straight across are adjacent to the stunning Church Farm, a Grade II listed house at the next crossroads and follow the country lane into Llandow. and a short distance from Picket Pods glamping site. The building Enter the village of Llandow, pass the turnings to Grove Road (to has planning for conversion to holiday lets with both units the left) and Ty Draw (to the right) and continue under the railway offering open plan living space. bridge. Continue straight ahead, through a gated entrance passing 'The Lodge' to your left, this lane will lead past 'Picket TENANCIES: To be sold with vacant possession Pods' to Church Farm Barns. TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

23 LOT Plot adjacent to 1 Bedlinog Terrace, Bedlinog, Treharris CF46 6SB 25 Guide Price £6,000+ (plus fees/costs, see page 2)

Development Opportunity DESCRIPTION A parcel of land with planning for the erection of a detached three bedroom residence. The plot is situated in a popular location, in an elevated position with fantastic views and overlooking the village. The village of Bedlinog benefits from a great range of amenities including junior school and has good road links to Treharris and the A470.

Planning: Full planning has been granted for the erection of a detached dwelling - planning reference P/1H/0103 (Merthyr Tydfil County Council). Full planning and information available from auctioneer's office. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

guide prices

The guide prices quoted in this catalogue are neither our opinion of the value of the property nor are they the precise figure in which the reserve price will be set. Reserve prices may be set at, below or above the guide price but normally within a range of 10%.

Please note that guide prices are set before the catalogue goes to print and reserve prices are normally set just a few days before the auction. On this basis, the auctioneers and their clients reserve the right to alter both guide prices and reserve prices at any time.

24 LOT 42 Brynteg Terrace, Merthyr Vale, Merthyr Tydfil CF48 4SD 26 Guide Price £54,000+ (plus fees/costs, see page 2)

House For Owner Occupation/Investment DESCRIPTION A well maintained and presented mid terraced house situated in the popular village of Merthyr Vale. Merthyr Vale benefits from an excellent range of amenities, the train station is close by with direct links to Cardiff and Merthyr Tydfil and is ideal for access to the Bike Park Wales. The property benefits from UPVC double glazing, gas central heating (not tested), fitted kitchen with appliances and white bathroom suite. ACCOMMODATION Ground Floor: Entrance hall, lounge, kitchen First Floor: 2 bedrooms, bathroom Outside: Forecourt, storage area under property, rear yard area and steps to tiered garden with wonderful views over the property TENANCIES: To be sold with vacant possession VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044

VIEWING SCHEDULE Date Time Wed 09 Oct - Tues 15 Oct - Mon 21 Oct 14.20

Paul Fosh Auctions Contact: Sean Roper

25 LOT 19 Old Park Terrace, Pontypridd CF37 1TG 27 Guide Price £58,000+ (plus fees/costs, see page 2)

Residential Investment DESCRIPTION A stone built mid terrace house in a popular location close to Pontypridd town centre and its large range of amenities. The University of South Wales is nearby and Pontypridd train station provides direct links to Cardiff with the A470 providing vehicular access to Cardiff, Caerphilly, Merthyr Tydfil. * The property has not been inspected internally before going to print, we believe it to consist of: ACCOMMODATION Ground Floor: Entrance porch, living room, dining room/3rd bedroom, kitchen, bathroom First Floor: 2 bedrooms Outside: Forecourt, rear garden TENANCIES: The property is let on an AST at £600 pcm (£7,200 pa) - the current tenants have been in situ for approximately 11 years TENURE: Advised Freehold - to be verified by solicitor VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 10.20

Paul Fosh Auctions Contact: Ryan Saunders

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*Other fees and charges apply and are variable based on the loan amount. 0.49% pm is applicable for the duration of the loan. 12 months as standard. No exit fee applies.Standard construction only. Any property used as security, including your home, may be repossessed if you do not keep up on repayments on a mortgage or any otherdebt secured on it.

26 LOT 64 Main Street, Barry CF63 2HN 28 Guide Price £149,000+ (plus fees/costs, see page 2)

Residential Investment DESCRIPTION A substantial freehold building comprising of four flats. The As well as being in close proximity to the iconic Barry Island, the property is situated in a popular residential location which offers well regarded Victoria Park is just minutes away. This property nearby amenities. Some grant work has recently been would make an ideal investment. undertaken on the property, including insulation and rendering. Viewing Schedule Tues 08 Oct - Mon 14 Oct - Mon 21 Oct - 10.00 TENANCIES: All tenants have been served a section 21 Notice and the flats should be sold with vacant possession. The tenants are keen to remain however and would be open to negotiating a new contract if required. TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION The Auctioneers have not inspected flats 1,3 & 4 internally or seen any documentation regarding rents prior to going to print. Floor Description Rent Ground Communal Entrance Floor Ground Flat 1 - Private entrance, kitchen/living room, bedroom, Let on a Secured Tenancy with Hafod Housing Association Floor shower room at £4,212 per annum Ground Flat 2 - Living room/kitchen/bedroom, shower room Vacant Floor First Floor Flat 3 - Living room, kitchen/diner, bedroom, shower Let on an Assured Shorthold Tenancy at £4,861.92 per room annum First Floor Flat 4 - Living room/kitchen/bedroom, shower room Let on an Assured Shorthold Tenancy at £4,861.92 per annum Outside Rear garden with patio and lawn areas Total £13,935.84 per annum Paul Fosh Auctions Contact: Ryan Saunders

27 LOT 180 Aberrhondda Road, Porth CF39 0LF 29 Guide Price £48,000+ (plus fees/costs, see page 2)

Commercial/Residential Development Opportunity DESCRIPTION The property is a substantial four storey end of terrace building and has recently received planning approval for conversion into two houses and two apartments but would be suitable for other uses or development plans (subject to necessary planning consents). The property is situated on Aberrhondda Road, within close proximity to Porth town centre and railway station which provides direct links into Cardiff. There is nearby access to the A4058 which leads to Pontypridd town centre approximately 4.5 miles to the south east. ACCOMMODATION Planning: Planning has been approved for two houses and two apartments. Planning reference: 19/0593/10 TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 11.50 Paul Fosh Auctions Contact: Ryan Saunders

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28 LOT Former Colliers Arms, 31 Hebron Road, Clydach, Swansea SA6 5EJ 30 Guide Price £58,000+ (plus fees/costs, see page 2)

Former Public House For Development DESCRIPTION A substantial freehold building situated in the popular village of Clydach. The property would be ideal for a number of alternative uses including conversion to residential such as two large dwellings or a number of flats. The building would also be of use for other commercial opportunities such as a restaurant or nursery etc (subject to necessary planning consents). The village of Clydach lies approximately 6 miles north of Swansea with excellent road links to the M4 motorway and has an excellent range of local amenities and shopping facilities. ACCOMMODATION Ground Floor: Entrance, main bar, function area, ladies and gents wcs, disabled wc, former kitchen First Floor: Landing, former kitchen, bedroom 1 with en-suite, wc, lounge, shower room and bathroom, further attic room Second Floor: 3 rooms, shower room, wc Outside: Spacious rear garden TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Fri 11 Oct - Thurs 17 Oct - Wed 23 Oct 11.15

Paul Fosh Auctions Contact: Sean Roper

29 LOT 31 Land at the Former Nursery School, Queen Street, Brynmawr, Ebbw Vale NP23 4RD Guide Price £25,000+ (plus fees/costs, see page 2)

Residential Development Opportunity DESCRIPTION The development site extends to circa 0.25 of an acre and benefits from outline planning permission for residential development. Copies of surveys and reports in relation to planning are available.

The site occupies a corner position sharing the northern boundary with Clydach Street and the western boundary with Queen Street. Access to the A465 Heads of the Valleys Road is in close proximity approximately 0.3 miles to the east, which provides links to Abergavenny in the east and Merthyr Tydfil in the west.

Planning: Outline planning consent for residential development under Application No. C/2015/0348. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

LOT 12 Blake Road, Newport NP19 0JH 32 Guide Price £25,000+ (plus fees/costs, see page 2)

House For Owner Occupation/Investment DESCRIPTION A bay fronted mid terraced house situated in a pleasant cul de sac location. The property benefits from UPVC double glazing and gas central heating (not tested) but requires upgrading. The property is ideally situated for local amenities and schools and has excellent road links to Newport City centre and the M4 motorway. ACCOMMODATION Ground Floor: Entrance hallway, lounge, dining room/pantry area, kitchen First Floor: Landing, 3 bedrooms, bathroom Outside: Forecourt with parking and rear garden TENANCIES: To be sold with vacant possession TENURE: Advised Leasehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Tues 08 Oct - Mon 14 Oct - Mon 21 Oct 14.45

Paul Fosh Auctions Contact: Sean Roper

30 LOT 33 Yard & Workshops, Graddfa Industrial Estate, Llanbradach, Caerphilly CF83 3QS Guide Price £325,000+ (plus fees/costs, see page 2)

Commercial Opportunity DESCRIPTION A substantial yard and workshops located in Llanbradach on the outskirts of Caerphilly town and measuring approximately 2 acres in size. This area of land offers a huge amount of potential and will be suitable for various uses (subject to the necessary planning consents).

It is currently used as a salvage yard and benefits from no business rates. There is a derelict colliery building towards the entrance of the yard with three large workshops further on. Each section of the yard is secured by metal gates which would make it easy to split the land thus offering investors the potential of multiple incomes. There are excellent road links nearby with the A469 providing links to the towns of Bargoed and Blackwood in the north and Caerphilly and Cardiff in the south. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: VIEWING SCHEDULE Date Time Tues 08 Oct - Mon 14 Oct - Mon 21 Oct 11.15

Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Ryan Saunders

31 LOT Valley View, Penrhiwbicca, Newbridge, Newport NP11 4GL 34 Guide Price £399,000 + (plus fees/costs, see page 2)

Bungalow For Owner Occupation/Commercial As the property is arranged in this way, it would be suitable for Opportunity multi-family living or it could lend itself to a multitude of commercial uses, such as setting up offices at home, holiday lets DESCRIPTION etc. It is set within approximately 1/2 an acre but there is potential to let some of the neighbouring field (subject to This stunning property is situated in a private and secluded separate negotiation with the owners). Further benefits include location in Penrhiwbicca, close to the town of Newbridge, which LPG heating system (not tested), double glazed windows and log offers a range of amenities, as well as a railway station with direct burners to various rooms. The immaculately presented gardens links to Cardiff Central. This unique property was originally set up create an idyllic setting with newly installed patio area with water as a bungalow but has been largely extended and improved over feature. the years. The house certainly offers flexible living and is currently arranged to provide accommodation for three generations of family, each with their own private kitchen and bathroom. The facilities are available for a self contained flat.

ACCOMMODATION Ground Floor: Kitchen, bathroom, lounge, conservatory, sitting room/bedroom, kitchen/breakfast room, games room, living room First Floor: Kitchen/living room, bedroom 1 with en-suite, bedroom 2, shower room, bedroom 3, bedroom 4, bedroom 5, bathroom Outside: Surrounded by beautiful gardens with decked and patio areas, pond, detached garage, garden office building. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 10.40

Paul Fosh Auctions Contact: Ryan Saunders

32 LOT Valley View, Penrhiwbicca, Newbridge, Newport NP11 4GL 34 Guide Price £399,000 + (plus fees/costs, see page 2)

Paul Fosh Auctions Contact: Ryan Saunders

33 LOT 58-62 Bush Street, Pembroke Dock SA72 6DE 35 Guide Price £50,000+ (plus fees/costs, see page 2)

Investment Opportunity DESCRIPTION An opportunity to acquire a substantial freehold building comprising two shops and seven flats (sold off on long leaseholds) close to the town centre with its excellent range of amenities and transport links. Pembroke Dock is served by the A477 trunk road which runs to the A470 and St Clears towards the M4 and Swansea. TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION Floor Description Rent Ground Shop 58 Let on a 10 year lease from 2017 £3,750 pa Ground Shop 60 Let on a 10 year lease from 2017 £1,820 pa Ground Flat 58 Sold off on a 99 year lease £50 pa Ground Flat 62 Sold off on a 99 year lease £50 pa First & Second Floors Sold off on 999 year leases from 25/03/1980 with 21 yearly reviews with a passing £139.36 pa Flats 58b, 58c, 60, 62a & 62b rent Total approximate annual £6,300 income

Paul Fosh Auctions Contact: Sean Roper

34 LOT Garage/Workshop at Maxwell Street, Ferndale CF43 4RT 36 Guide Price £23,000 + (plus fees/costs, see page 2)

Garage/Workshop with potential DESCRIPTION A two storey garage/workshop with full planning permission to convert to a single dwelling with off-road parking. This would be suitable for residential investment or commercial usage (subject to the necessary planning consents), it would be ideal for a building company as storage and office area. This versatile building is located behind Ferndale's main shopping area and provides a good selection of amenities, with road links to the nearby towns of Porth and Pontypridd in the South. ACCOMMODATION Ground Floor: Garage entrance, open plan area First Floor: Open plan area TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 15.50

Paul Fosh Auctions Contact: Ryan Saunders

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35 LOT Garthbrengy, Garthbrengy, Brecon LD3 9TW 37 Guide Price £160,000+ (plus fees/costs, see page 2)

Former Church for Residential Conversion DESCRIPTION The property is a detached former church set in the rural hamlet of Garthbrengy just a few miles to the north of the town of Brecon. The property which stands in good sized grounds apparently dates back to the 12th century and enjoys magnificent views to the south overlooking Pen Y Fan and the Brecon Beacons Horseshoe.

Planning: Full planning consent was granted for the conversion of the property to form a four bedroom property. Details of the planning consent are available for inspection at the auctioneer's office. ACCOMMODATION Ground Floor: Entrance, reception/dining area, 2 bedrooms, kitchen/breakfast room Outside/: Approximately one acre of land

Planning: There is planning for a 4 bedroom dwelling. All enquiries with the Local Planning Authority TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Hunters, 01597 825644

Paul Fosh Auctions Contact: Sean Roper

36 LOT Land adjacent to 44 Bransby Road, Tonypandy CF40 1TH 38 Guide Price £11,000+ (plus fees/costs, see page 2)

Residential Development Opportunity DESCRIPTION The plot comprises a triangular shaped parcel of land with the benefit of planning permission for a detached two bedroom house.

The site is located in the village of Penygraig in the County Borough of Rhondda Cynon Taf. The village provides a good variety of local shops and the town of Tonypandy is nearby. Access to the A470 is approximately 7.5 miles in the east, which in turn provides links to the M4 in the south west.

Planning: Full planning permission was granted 23 November 2013 under Application No. 13/0802/10, for a two storey detached residential dwelling . TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

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37 South Wales Viewing Schedule 24 October 2019 Auction

Tues 8 Wed 9 Thu 10 Fri 11 Mon 14 Tue 15 Wed 16 Thu 17 Mon 21 Tue 22 Wed 23 Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct

11 74 Commercial Road, Abercarn, NP11 5AJ 10.00 10.00 10.00 34 Valley View, Penrhiwbicca, Newbridge, NP11 4GL 10.40 10.40 10.40 58 255 & 257 High Street, Blackwood, NP12 1AW 11.20 11.20 11.20 16 44 South Street, Bargoed, CF81 8SU 12.10 12.10 12.10 3 2 Penrhyn Terrace, New Tredegar, NP24 6BG 12.50 12.50 12.50 59 10 Armoury Terrace, Ebbw Vale, NP23 6BD 13.40 13.40 13.40 22 31 Beaufort Street, Brynmawr, Ebbw Vale, NP23 4AB 14.20 14.20 14.20 21 97 Gwern Berthi Road, Abertillery, NP13 1QZ 15.10 15.10 15.10 14 70/72 Arail Street, Abertillery, NP13 2NQ 15.50 15.50 15.50 13 Bellam House, Penygarn Road, Pontypool, NP4 8BG 16.30 16.30 16.30 17 13a & 13b Victoria Street, Cwmbran, NP44 3JS 17.15 17.15 17.15

28 64 Main Street, Barry, CF63 2HN 10.00 10.00 10.00 33 Yard & Workshops, Graddfa Ind. Estate, CF83 3QS 11.15 11.15 11.15 20 Flats at 60 Cardiff Road, Newport, NP20 2EG 12.15 12.15 12.15 2 30 Clyffard Crescent, Newport, NP20 4GF 13.15 13.15 13.15 53 31 Clytha Square, Newport, NP20 2EE 14.00 14.00 14.00 32 12 Blake Road, Newport, NP19 0JH 14.45 14.45 14.45

5 85 Cardiff Road, Abercynon, CF45 4PN 10.00 10.00 10.00 52 34 Arthur Street, Mountain Ash, CF45 3BL 10.40 10.40 10.40 56 10 Richards Terrace, Aberdare, CF44 0BB 11.20 11.20 11.20 4 5 Mount Pleasant Street, Aberdare, CF44 8NF 12.00 12.00 12.00 6 3 Eastfield Place, Merthyr Tydfil, CF47 0UP 13.00 13.00 13.00 10 2 Thomas Street, Aberfan, Merthyr Tydfil, CF48 4NY 13.45 13.45 13.45 26 42 Brynteg Terrce, Merthyr Tydfil, CF48 4SD, 14.20 14.20 14.20 46 Bontnewydd Hotel, High Street, Treharris, CF46 6AB 15.00 15.00 15.00

12 27 Old Park Terrace, Pontypridd, CF37 1TG 10.00 10.00 10.00 27 19 Old Park Terrace, Pontypridd, CF37 1TG 10.20 10.20 10.20 40 17 Wood Road, Pontypridd, CF37 1RQ 11.00 11.00 11.00 29 180 Aberrhondda Road, Porth, CF39 0LF 11.50 11.50 11.50 9 4 Wern Street, Tonypandy, CF40 2BQ 12.30 12.30 12.30 19 Units 6 - 8a Llanfoist Street, Pentre, CF41 7EE 13.30 13.30 13.30 1 203 Park Road, Treorchy, CF42 6HY 14.20 14.20 14.20 42 178 East Road, Tylorstown, Ferndale, CF43 3BY 15.10 15.10 15.10 36 Garage at Maxwell Street, Ferndale, CF43 4RT 15.50 15.50 15.50 41 69 Richard Street, Maerdy, Ferndale, CF43 4AN 16.30 16.30 16.30

8 Chalet 127, Carmarthen Bay Holiday Park, SA17 5HQ 10.00 10.00 10.00 30 Former Colliers Arms, Clydach, Swansea, SA6 5EJ 11.15 11.15 11.15 3 Ystalyfera Court, 82 Commercial Street, Swansea, 54 12.40 12.40 12.40 SA9 8HU 57 2 Pantile Row, Glyncorrwg, Port Talbot, SA13 3DF 14.00 14.00 14.00 15 2 School Terrace, Blaengarw, Bridgend, CF32 8NF 15.10 15.10 15.10 45 57 Oakfield Terrace, Nantymoel, Bridgend, CF32 7SR 16.00 16.00 16.00

This schedule is for information purposes only. All viewings are strictly by appointment only and are subject to change. If a viewing has to be cancelled/ rearranged, we can only let you know if you’ve booked on to view it. To book a viewing call 01633 254044 or outside office hours email [email protected] listing the lots you’d like to view and on which dates. Please include a mobile number in case we need to call.

Please note that viewings last approximately 20 minutes unless stated otherwise. South Wales Viewing Schedule 24 October 2019 Auction

Tues 8 Wed 9 Thu 10 Fri 11 Mon 14 Tue 15 Wed 16 Thu 17 Mon 21 Tue 22 Wed 23 Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct

Please note that viewings last approximately 20 minutes unless stated otherwise. LOT 38 High Street, Neyland, Milford Haven SA73 1TF 39 Guide Price £92,000+ (plus fees/costs, see page 2)

Commercial/Residential Investment DESCRIPTION A recently renovated end of terrace property located in the Further benefits include new combination boiler (not tested), popular village of Neyland. It is located close to local amenities, UPVC double glazing and off road parking for multiple vehicles. shops, school and within close proximity of the picturesque Neyland Marina. The property has been renovated and Planning: Planning permission has been approved to convert to a modernised to a good standard and would suit multiple uses such residential dwelling (planning application no: PP/07984859V1. as business premises with accommodation on the first floor or residential/holiday lets (subject to the necessary planning consents). ACCOMMODATION Ground Floor: Entrance hallway, 3 rooms, kitchen, wc First Floor: Landing, 3 bedrooms, bath/shower room Outside: Off road parking, large garden to the side TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Ryan Saunders

38 LOT 17 Wood Road, Pontypridd CF37 1RQ 40 Guide Price £118,000+ (plus fees/costs, see page 2)

Residential Investment DESCRIPTION A large end of terrace building separated into three lettable units, Each flat has its own gas combination boiler (not tested) and including first floor flat, ground floor maisonette and a detached electric meters. The correct fire safety systems are also in place garage to the rear. The property is located in a popular location and the building is currently fully let and provides an attractive close to the town centre of Pontypridd and the University of income. South Wales. TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION Floor Description Rent Ground Floor Communal area First Floor Flat Entrance hallway, kitchen, bathroom, lounge, 2 bedrooms Let on an AST at £425 pcm Lower & Ground Floor Entrance hallway, lounge, kitchen/breakfast room, bathroom, 3 Let on an AST at £550 pcm Maisonette bedrooms Outside Double garage to rear, garden area Garage let on a licence at £45 pcm Total Income £12,240 pa

VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 11.00

Paul Fosh Auctions Contact: Ryan Saunders

39 LOT 69 Richard Street, Maerdy, Ferndale CF43 4AN 41 Guide Price £49,000+ (plus fees/costs, see page 2)

House for Owner Occupation/Investment DESCRIPTION A traditional mid terrace house situated in the area of Maerdy in close proximity of local amenities, shops, schools etc. This property benefits from good sized accommodation, gas central heating (not tested) and double glazed windows. There is also a detached garage to the rear with lane access.

The A4233 offers good road links to the towns of Porth and Pontypridd in the south. ACCOMMODATION Ground Floor: Entrance hallway, living room, dining room, kitchen First Floor: Landing, 3 bedrooms, bathroom Outside: Forecourt, rear garden with detached garage and rear lane access. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 16.30

Paul Fosh Auctions Contact: Ryan Saunders

LOT 178 East Road, Tylorstown, Ferndale CF43 3BY 42 Guide Price £45,000+ (plus fees/costs, see page 2)

Commercial/Residential Opportunity DESCRIPTION An end of terrace three storey building comprising a ground floor retail unit, potential storage/office space to the first floor and a lower ground floor which is currently arranged as living accommodation. The property is situated in Tylorstown (A4233) with access to the nearby A470, providing links to Pontypridd in the south and Merthyr Tydfil in the north east. This property would suit a range of uses or alternatively would be suitable to convert back to a residential dwelling (subject to the necessary planning consents). ACCOMMODATION Ground Floor: Main shop area, rear stock room/office Lower Ground Floor: Living/dining room, bedroom, kitchen, bathroom First Floor: 3 room, wc TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Wed 23 Oct 15.10

Paul Fosh Auctions Contact: Ryan Saunders

40 LOT Land opposite 12-16, Brithweunydd Road, Tonypandy CF40 2UB 43 Guide Price £2,000+ (plus fees/costs, see page 2)

Land with Potential DESCRIPTION A mainly square parcel of land with roadside access. The land has both a level area and part with gradient down to the railway line but would be ideal for numerous uses including residential development, garages or parking (subject to necessary planning consents). TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

LOT Land at Brook Street, Blaenrhondda, Treorchy CF42 5SB 44 Guide Price £15,000+ (plus fees/costs, see page 2)

Development Opportunity DESCRIPTION A mainly level parcel of land with planning for a pair of 3 bedroom semi detached houses. The plot is situated in the picturesque village of Blaenrhondda which lies to the north of the vibrant town of Treorchy with its wide range of shopping facilities and transport links, including train station with links to Cardiff.

Planning: Planning has been granted for the development of two 3 bedroom semi detached dwellings. Planning reference number 18/0705/1 - Full details of planning and architects drawings will be available in the legal pack. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

41 LOT 57 Oakfield Terrace, Nantymoel, Bridgend CF32 7SR 45 Guide Price £54,000+ (plus fees/costs, see page 2)

House for Owner Occupation/Investment DESCRIPTION A much improved and well presented mid terrace house situated in a popular residential location. The property benefits from modern fitted kitchen with appliances, attractive bathroom suite and generous accommodation over two floors. The village of Nantymoel benefits from a good range of local amenities, shopping facilities and excellent road links to Bridgend and the M4 motorway. ACCOMMODATION Ground Floor: Lounge/dining room, kitchen, bathroom First Floor: Landing, 3 bedrooms Outside: Yard, elevated garden area with rear access TENANCIES: To be sold with vacant possession but let until recently at £450 pcm (£5,400 pa) TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Fri 11 Oct - Thurs 17 Oct - Wed 23 Oct 16.00

Paul Fosh Auctions Contact: Sean Roper

buyer’s premium Buyers, in addition to the 1% purchase price, buyers will be required to pay a buyer’s premium of 1.2% or Minimum £750.00 inc VAT per lot.

42 LOT Bontnewydd Hotel, High Street, Trelewis, Treharris CF46 6AB 46 Guide Price £73,000+ (plus fees/costs, see page 2)

Residential Development Opportunity DESCRIPTION A substantial four storey freehold building set in a prominent position within the village of Trelewis. The property has full planning for a residential scheme comprising of nine 1 bedroom flats over ground, first and second floor levels. The property is situated on the High Street in Trelewis and within close proximity to Quakers Yard Train Station. Access to the A470 is nearby providing links to Merthyr Tydfil in the north and Pontypridd in the south. The M4 is approximately 13 miles to the south providing links to Cardiff in the south and Bristol in the south east.

Planning consent was passed by Merthyr Tydfil County Borough Council on 21 December 2017 under Application No. P/17/0276. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Wed 09 Oct - Tues 15 Oct - Mon 21 Oct 15.00

Paul Fosh Auctions Contact: Ryan Saunders

43 LOT The Venue, Spa Road, Llandrindod Wells LD1 5ER 47 Guide Price £75,000+ (plus fees/costs, see page 2)

Development Opportunity DESCRIPTION A former leisure facility/commercial property situated in a town and amenities and is known as the administrative centre for centre location within Llandrindod Wells. The building has Powys County Council. Other benefits are an excellent range of planning for redevelopment into two ground floor residential transport links including train station and the A483 link road to units with outside garden area and parking. The spa town of Brecon and South Wales. Llandrindod Wells offers an excellent range of shopping facilities ACCOMMODATION Planning: Planning permission has been granted for * Proposed accommodation: development of 2 residential units - Planning ref 8/0763/UL 2 units both comprising living room, kitchen, dining room, two granted on 4 December 2018. Full details and planning bedrooms (1 en-suite) bathroom, private garden areas and off documentation are available in the legal pack. road parking. TENANCIES: To be sold with vacant possession VIEWING CONTACT: Hunters, 01597 825644 ACCOMMODATION Floor Description Area Measurement in Area Measurement in Feet Metres Ground Front Vestibule 7'8" x 7'9" 2.23m x 2.36m Ground Dance floor and seating area 42'3" x 31'4" 12.88m x 9.55m Ground Bar area 34'9" x 27'2" 10.6m x 8.28m Ground Ladies & Gents wc, disabled wc Ground Storage area to side of bar 13'9" x 6' 4.2m x 1.83m Outside: Parking area to front with further storage/garden/potential parking area to side

Paul Fosh Auctions Contact: Sean Roper

44 LOT 67 Alltygrug Road, Ystalyfera, Swansea SA9 2AR 48 Guide Price £68,000 + (plus fees/costs, see page 2)

House for Owner Occupation/Investment DESCRIPTION A substantial bay fronted end of terrace house. The property benefits from double glazing, gas central heating (not tested) and offers scope to improve further. There is a good size rear garden with ample parking and lane access. The village of Ystalyfera benefits from a good range of facilities and amenities and has excellent road links to Swansea and the M4 motorway. ACCOMMODATION Ground Floor: Hallway, lounge/dining room, kitchen, inner Withdrawnhallway, shower Prior room, utility area Fist Floor: Landing, 3 bedrooms Outside: Front garden and rear garden with parking area. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

LOT Building plot at 63 Wimborne Road, Pencoed, Bridgend CF35 6SG 49 Guide Price £54,000+ (plus fees/costs, see page 2)

Development Opportunity DESCRIPTION A former chapel with planning for the development of a four bedroom dwelling. The village of Pencoed is a highly sought after location with excellent amenities and schools and is ideally located for access to the M4 motorway, Bridgend and McArthur Glen Retail Park. There is also an excellent range of local amenities and facilities in the village itself.

Planning: Planning was previously granted for the development of a four bedroom dwelling - Planning application number T/04/667/full - now lapsed. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

45 LOT Flats 1-4, 27 Gurnos Road, Ystalyfera, Swansea SA9 2JA 50 Guide Price £124,000+ (plus fees/costs, see page 2)

Investment Opportunity DESCRIPTION A block of four flats in the popular area of Ystalyfera in Swansea. The flats vary in size and layout, with flat 4 having its own The building is located close to local amenities, shops, schools separate entrance at the rear. Further benefits include UPVC and supermarkets. The A4067 provides convenient road links into double glazing and electric heating system (not tested). This Swansea and onto the M4 Motorway at Junction 25. property would make an ideal investment. TENANCIES: 2 of 4 flats are currently tenanted and we are awaiting copies of the tenancy agreements - Please note the auctioneers have not seen any documentation regarding rents prior to going to print TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Welsh Property - 01269 268770 ACCOMMODATION Please note that the auctioneers have not inspected flats 1, 2 & 3 internally or seen any documentation regarding rents prior to going to print. Floor Description Rent Ground Flat 1 - kitchen, living room, 2 bedrooms, bathroom Let on an AST of £86.53 per week (£4,500 per Floor annum) First Floor Flat 2 - kitchen, living room, bedroom, bathroom Let on an AST of £86.53 per week (£4,500 per annum) Flat 4 - access at rear, split level, ground floor kitchen, Vacant bathroom, first floor living room, bedroom Second Flat 3 - kitchen, living room, bedroom, bathroom Vacant Floor Outside Small courtyard to rear Total £9,000 pa (Potential income in the region of £18,000 per annum when fully let)

Paul Fosh Auctions Contact: Ryan Saunders

46 LOT Land at Samuels Road, Cwmllynfell, Swansea SA9 2GT 51 Guide Price £8,000+ (plus fees/costs, see page 2)

Land With Potential DESCRIPTION A segment of land in an established residential area. The land would be ideally suited to a detached bungalow or small detached house (subject to the necessary planning consents). The area of Cwmllynfell has a range of local amenities and is near the border of the Brecon Beacons National Park. Approximate size of the land is 18.5 m x 19 m. TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Welsh Property - 01269 268770

Paul Fosh Auctions Contact: Ryan Saunders

LOT 34 Arthur Street, Mountain Ash CF45 3BL 52 Guide Price £45,000+ (plus fees/costs, see page 2)

House For Owner Occupation/Investment DESCRIPTION An attractive bay fronted terraced property with dressed stone and brick elevations to the front. The property benefits from woodgrain style UPVC to the front, gas central heating (not tested) and has a modern fitted kitchen with appliances and neutral decor throughout. The village of Mountain Ash benefits from an excellent range of amenities, shopping facilities and a train station with direct links to Cardiff. ACCOMMODATION Ground Floor: Entrance hall, lounge, dining room, kitchen, bathroom First Floor: 3 bedrooms Outside: Forecourt and rear garden TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Wed 09 Oct - Tues 15 Oct - Mon 21 Oct 10.40

Paul Fosh Auctions Contact: Sean Roper

47 LOT 31 Clytha Square, Newport NP20 2EE 53 Guide Price £230,000+ (plus fees/costs, see page 2)

Residential Investment Opportunity DESCRIPTION A substantial freehold building comprising three self-contained Hospital and also has good road links to the M4 motorway. All flats. The property is situated in a convenient location close to apartments have two bedrooms and the ground floor apartment Newport city centre and the Royal Gwent. benefits from a garden.

Viewing Schedule TENURE: Advised Freehold - to be verified by solicitor Tues 08 Oct - Mon 14 Oct - Mon 21 Oct - 14.00 VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION Floor Description Rent Ground Floor Communal Entrance Ground Floor - Flat Lounge, kitchen/breakfast room, shower room with wc, additional bathroom to rear with Let on AST at £550 1 wc, 2 bedrooms pcm First Floor - Flat 2 Entrance, lounge, kitchen, shower room, 2 bedrooms Let on AST at £450 pcm Second Floor - Flat Entrance, lounge, kitchen, bathroom, wc, 2 bedrooms Let on AST at £550 3 pcm Outside Forecourt and rear garden with flat 1. There is a resident parking scheme which is available on application Total Annual £18,600 Income Paul Fosh Auctions Contact: Sean Roper

48 LOT 54 Flat 3 Ystalyfera Court, 82 Commercial Street, Ystalyfera, Swansea SA9 2HU Guide Price £14,500+ (plus fees/costs, see page 2)

Flat for Owner Occupation/Investment DESCRIPTION A spacious two bedroom ground floor flat with basement. The property requires refurbishment but has previously benefitted from partial UPVC double glazing and gas central heating (not tested). The town of Ystalyfera benefits from a good range of facilities and amenities and has excellent road links to Swansea and the M4 motorway. ACCOMMODATION Ground Floor: Entrance, lounge, bathroom, 2 bedrooms, kitchen Outside: Parking space * The basement has not been inspected prior to the catalogue going to print TENANCIES: To be sold with vacant possession TENURE: Advised Leasehold - to be verified by solicitor VIEWING SCHEDULE Date Time Fri 11 Oct - Thurs 17 Oct - Wed 23 Oct 12.40 Paul Fosh Auctions Contact: Jack James

49 LOT Penrallt Cottage, Main Street, Fishguard SA65 9HG 55 Guide Price £145,000+ (plus fees/costs, see page 2)

Detached Character Cottage DESCRIPTION A detached character cottage situated in the popular seaside town of Fishguard with wonderful coastline and harbour views. The property would be ideal for either a holiday let or a homeowner and benefits from UPVC double glazing and gas central heating (not tested). The cottage is well presented throughout with many attractive features, including sitting room with stone fireplace, fitted kitchen and wooden stable door to the rear courtyard. The town of Fishguard is well known as a ferry port but also benefits from an excellent range of shopping facilities and amenities and offers easy access to the stunning Pembrokeshire coastline. There are good road links and the train station has been reopened. ACCOMMODATION Ground Floor: Entrance, dining room, lounge, kitchen First Floor: Landing, 2 bedrooms, bathroom Outside: Forecourt and parking and built in store, to the rear is a courtyard. TENANCIES: To property has been let by a local holiday let agency and Air B&B with prices ranges form £450 to £750 per week during the season TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044

Paul Fosh Auctions Contact: Sean Roper

50 LOT 10 Richards Terrace, Aberdare CF44 0BB 56 Guide Price £49,500 (plus fees/costs, see page 2)

Residential Investment DESCRIPTION A double fronted mid terraced house with stone elevations to the front. The property is occupied by a well established tenant that has indicated they are keen to remain making it an ideal investment opportunity. The house benefits from UPVC double glazing, gas central heating (not tested) and has a good sized rear garden. The property is situated in a popular location ideal for local amenities, shops and transport links including Aberdare train station. ACCOMMODATION Ground Floor: Entrance, lounge, kitchen, bathroom First Floor: Landing, 2 bedrooms Outside: Rear garden TENANCIES: The property is let on an AST at £400 pcm (£4,800 pa) TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Wed 09 Oct - Tues 15 Oct - Mon 21 Oct 11.20 Paul Fosh Auctions Contact: Sean Roper

LOT 2 Pantile Row, Glyncorrwg, Port Talbot SA13 3DF 57 Guide Price £40,000+ (plus fees/costs, see page 2)

House for Owner Occupation/Investment DESCRIPTION A much improved cottage style bungalow situated in the popular village of Glyncorrwg. The property benefits from stunning views and would be ideal for either buy to let or a holiday let due to its close proximity to the Afon Forest Park with it's wealth of bike trails and walks. The property benefits from UPVC double glazing, gas central heating (not tested), has a refitted kitchen and bathroom and externally a spacious rear garden with patio and storage shed. ACCOMMODATION Ground Floor: Entrance, lounge, 2 bedrooms, kitchen, bathroom Outside: Forecourt, rear garden with patio and storage shed TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 VIEWING SCHEDULE Date Time Fri 11 Oct - Thurs 17 Oct - Wed 23 Oct 14.00

Paul Fosh Auctions Contact: Sean Roper

51 LOT 255 & 257 High Street, Blackwood NP12 1AW 58 Guide Price TBA (plus fees/costs, see page 2)

Commercial Investment DESCRIPTION Two commercial units situated on Blackwood High Street just Blackwood has a busy shopping area and benefits from many outside the main shopping thoroughfare. This substantial building national retailers. This property would make an ideal investment is arranged over three floors and offers further potential incomes with both units already let. in the first floor areas. TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT: Paul Fosh Auctions, 01633 254 044 ACCOMMODATION Floor Description Rent 255 High Street To be sold with vacant possession. Ground Floor Main retail area, wc Outside Off road parking, rear yard 257 High Street Currently let to a tattooist on an annual lease (starting 1st Feb 2019) - The rent is £650 pcm. Ground Floor Main retail area Lower Ground Floor 3 rooms, wc, kitchen First Floor 4 rooms, bathroom Outside Rear yard Total combined income for both £13,200 pa units:

VIEWING SCHEDULE Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 11.20

Paul Fosh Auctions Contact: Ryan Saunders

52 LOT 10 Armoury Terrace, Ebbw Vale NP23 6BD 59 Guide Price TBA (plus fees/costs, see page 2)

Commercial Investment DESCRIPTION A mid terrace building located in Ebbw Vale town centre. The building is arranged over three storeys with the main shop/office area to the ground floor and is accessed via electric roller shutter doors. The popular town of Ebbw Vale benefits from many national retailers including Greggs, Cash Generator and Home Bargains. The property is in good overall condition and would make an ideal commercial investment. ACCOMMODATION Ground Floor: Main shop/office area Lower GF: Ancillary space. 4 rooms First Floor: Landing, wc, kitchen/ amenity room, office Outside: Rear garden area TENANCIES: To be sold with vacant possession TENURE: Advised Freehold - to be verified by solicitor VIEWING CONTACT Paul Fosh Auctions, 01633 254 044 Date Time Thurs 10 Oct - Wed 16 Oct - Tues 22 Oct 13.40

Paul Fosh Auctions Contact: Ryan Saunders

deposit Buyers, the minimum deposit is £3,000 or 10% of the maximum bid price, whichever is the greater.

53 want a want a guaranteed guaranteed sale? sale? we can now guarantee a sale price we can now guarantee a sale price of your property at our auctions* of your property at our auctions*

*T’s & C’s apply *T’s & C’s apply

For full details, please email For full details, please email [email protected] [email protected] or call 01633 254 044 or call 01633 254 044 www.paulfoshauctions.com www.paulfoshauctions.com Notes

55 buyers please note…

For Buyers and Sellers at Auction proof of identity

We offer the complete service at competitive rates Due to changes in the Anti-Money whether you are buying or selling. Laundering regulations anyone wishing to bid on any property will be required to register, at no cost, prior to the sale in the room and produce two forms of the We also offer a FREE Legal Auction Pack where following identification: Rubin Lewis O’Brien are instructed to handle the • Photographic - passport or driving licence • Address - current utility bill, bank sale of the property statement (within last 3 months)

If you are successful in purchasing a property you will be asked by the cashier to For further information and advice call produce your identification and these will then be photocopied. and ask for our Conveyancing Team

Alternatively you can contact us by fax or email on deposits

We accept debit cards, cheques, E: [email protected] www.rlo.law bankers drafts and sterling up to £7,000 but CANNOT ACCEPT CREDIT CARDS.

buyers please note…

For Buyers and Sellers at Auction proof of identity

Alternatively you can contact us by fax or email on deposits

We accept debit cards, cheques, E: [email protected] www.rlo.law bankers drafts and sterling up to £7,000 but CANNOT ACCEPT CREDIT CARDS.

Terms and conditions for online, Registration form for online, proxy and telephone bidders telephone and proxy bidders

1. A prospective purchaser should complete and sign the 7. The auctioneer reserves the right to bid himself or through an registration form overleaf. In particular the prospective proxy agent up to the reserve price for the particular lot. Date of Auction: Lot Number: Online/Telephone/Proxy (Please delete as appropriate) purchaser should complete the form showing the maximum price which the prospective purchaser authorises the 8. The auctioneer will make no charge to a prospective purchaser I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions attached hereto and I understand that auctioneer to bid for a particular property. for this service and will accept no liability whatsoever for any should my bid be successful the offer will be binding upon me. The maximum price to which the auctioneer is authorised bid not being made on behalf of the prospective purchaser to bid must be an exact figure (accordingly wording such, as whether through lack of clarity of instructions or for any other “£100 over the highest bid in the room” will not be acceptable). reason whatsoever. Prospective telephone purchasers will not Address of Lot: The auctioneer reserves the right not to bid on behalf of the hold Paul Fosh Auctions liable for any loss or claims relating to prospective purchaser should there be any error or confusion in the telephone system or the interruption or suspension of this respect of these instructions or the accompanying deposit. service. The prospective purchaser will be advised if the relevant A separate form must be completed for each lot for which a lot has been successfully purchased on his behalf as soon as prospective purchaser requires the auctioneer to bid. possible after the auction. Where the lot has been purchased Maximum Bid Price: The completed form or forms must be delivered to Paul Fosh the prospective purchaser will be notifed by post and the deposit returned as soon as reasonably possible. Auctions, 108 Lower Dock Street, Newport, NP20 2AG (for (words ) the attention of the auctioneer) by hand or by post so that it is received not less than 24 hours prior to the time of the 9. Prospective purchasers are advised to telephone the auction commencement of the auction at which the particular property department of Paul Fosh Auctions (tel. 01633 254044) between Cheque for £3,000 or 10% deposit (whichever is the greater) + Buyer’s premium of 1.2% or Minimum £750: £ (enclosed herewith) is to be sold. The commencement time of the auction is shown 8.30 a.m. and 10.00 a.m. on the day of the auction to ensure in the catalogue. that there are no amendments to the particulars of the sale or Note: For administrative reasons, unless otherwise agreed with the Auctioneers, the minimum deposit for online/telephone/proxy bids is Any agreement to alter any proxy or telephone bidding form conditions relating to the relevant lot or other matters relating £3,000 or 10% of the maximum bid price, whichever is the greater, plus buyer’s premium of 1.2% or Minimum £750.00. at any time prior to, or on the day of the auction, must be in to it. writing. The prospective purchaser will be deemed to have knowledge of such amendments and will buy subject to them in any Purchasers Details 2. The prospective proxy purchaser appoints the auctioneer as event. If the prospective purchaser does not telephone and agent and authorises the auctioneer to bid for the relevant lot such amendments have been made, the auctioneer may in his Full Name(s): on behalf of the prospective purchaser in such manner as the absolute discretion decide not to bid for the relevant lot on the auctioneer thinks fit in his absolute discretion. prospective purchasers behalf or refuse to accept bids by or on Address: behalf or refuse to accept bids by or on behalf of prospective 3. The prospective purchaser shall be considered to have purchasers and the auctioneer will not be responsible for any inspected the auction catalogue for the relevant lot and loss, costs or damages incurred by the prospective purchaser a inspected the general and special conditions of sale and notices Post Code: result there of. to prospective purchasers and also any addendum relating to the lot and to have full knowledge thereof and authorises the 10. Should the prospective purchaser wish to bid at the auction in Business Tel: Home Tel: auctioneer or any duly authorised partner or employee of Paul person or through an agent, such intention must be conveyed in Fosh Auctions as the prospective purchasers agent to sign the writing to the auctioneer in person prior to the lot being offered For telephone bids, telephone number at time of auction: memorandum of contract incorporating all such matters at or for sale. In this case the auctioneer will not make any bids on after the auction. behalf of the prospective purchasers. Solicitors: 4. Prospective proxy purchasers should send with this form a valid 11. Prospective purchasers are advised in respect of telephone bids cheque or bankers draft drawn on a United Kingdom Branch that should they become disconnected during bidding or are of a bank representing 10% of the maximum price subject to a unobtainable. Paul Fosh Auctions will not be held responsible or Post Code: minimum of £3,000 to which the prospective purchaser wishes liable for any loss suffered in respect thereof. the auctioneer to bid. Where the particular lot is purchased For the Attention of: below the maximum bid figure the balance of the deposit will be considered as an additional deposit towards the purchase price. Telephone: 5. The prospective purchaser may in writing only at any time up to the commencement of the auction in which the particular lot is to be sold withdraw the auctioneer’s authority to bid. It is Signature of Prospective Purchaser or Person Signing Full Name and Address of Signatory if different from Purchasers the prospective purchaser’s responsibility to ensure that the on Purchasers behalf: details given above: auctioneer personally receives such instructions and he should check to ensure such instructions have been received.

6. Unless the relevant lot is sold to the prospective purchaser, the amount of the prospective purchasers bid will not be disclosed to the vendor or any other person either during or after the sale without the consent of the respective purchaser. Date of Signing:

58 Registration form for online, telephone and proxy bidders

Date of Auction: Lot Number: Online/Telephone/Proxy (Please delete as appropriate)

I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions attached hereto and I understand that should my bid be successful the offer will be binding upon me.

Address of Lot:

Maximum Bid Price:

(words )

Cheque for £3,000 or 10% deposit (whichever is the greater) + Buyer’s premium of 1.2% or Minimum £750: £ (enclosed herewith)

Note: For administrative reasons, unless otherwise agreed with the Auctioneers, the minimum deposit for online/telephone/proxy bids is £3,000 or 10% of the maximum bid price, whichever is the greater, plus buyer’s premium of 1.2% or Minimum £750.00.

Purchasers Details

Full Name(s):

Address:

Post Code:

Business Tel: Home Tel:

For telephone bids, telephone number at time of auction:

Solicitors:

Post Code:

For the Attention of:

Telephone:

Signature of Prospective Purchaser or Person Signing Full Name and Address of Signatory if different from Purchasers on Purchasers behalf: details given above:

Date of Signing:

59 Mailing list subscription form

Make sure that you’re amongst the ﬁrst to be informed of our room and online auction properties as well as all of the news and views from Paul Fosh Auctions. Simply email [email protected] and ask to be added to the mailing list.

Alternatively, if you crave the feel of that paper auction catalogue then you can complete the form below to receive catalogues in the post for a year.

To receive this service, please complete the form below and forward with a cheque, or bank transfer (details on request, for £10.00 made payable to “Paul Fosh Auctions” to: Mailing List Subscriptions, Paul Fosh Auctions, 108 Lower Dock Street, Newport, NP20 2AG

Title: Mr / Mrs / Miss / Ms / Other (please specify)

First Name:

Last Name:

Address:

Post Code: Telephone:

Email:

Property Type:

Property Area:

Received (Date): Cheque No:

ML Updated: By:

Sub Ex Date:

60 Mailing list subscription form Common Auction Conditions Edition 4

Make sure that you’re amongst the ﬁrst to be informed of our room and online auction properties as well as all of the news and views from Paul Produced by RICS Real Estate Auction Group. The authors We recommend that these conditions are set out in a two-part Fosh Auctions. Simply email [email protected] and ask to be added to the mailing list. and publishers accept no responsibility for loss occasioned notice to bidders, part one containing advisory material – which to anyone who uses any of the material included in this auctioneers can tailor to their needs – and part two the auction Alternatively, if you crave the feel of that paper auction catalogue then you can complete the form below to receive catalogues in the post for a publication. All who use it must rely on their own professional conduct conditions and any extra auction conduct conditions. year. advice. Sale Conditions To receive this service, please complete the form below and forward with a cheque, or bank transfer (details on request, for £10.00 made Where the auctioneer is a member of the RICS and uses the The Sale Conditions apply only to property in England and Wales, payable to “Paul Fosh Auctions” to: Mailing List Subscriptions, Paul Fosh Auctions, 108 Lower Dock Street, Newport, NP20 2AG Common Auction Conditions the auctioneer must also comply and govern the agreement between each seller and buyer. They with the current RICS Guidance for Auctioneers Selling Real include general conditions of sale and template forms of special Estate. conditions of sale, tenancy and arrears schedules and a sale memorandum. They must not be used if other standard conditions Introduction apply. The Common Auction Conditions are designed for real estate Title: Mr / Mrs / Miss / Ms / Other (please specify) auctions, to set a consistent practice across the industry. There The RICS owns the copyright in all editions of the Common Auction are three sections, all of which must be included without variation, Conditions (CAC), but permits the free use of the 4th edition if the user: First Name: except where stated: • relies on its own legal advice as to whether the CAC are suitable; • agrees that the Royal Institution of Chartered Surveyors and those who Glossary advised it have no liability to anyone who uses or relies on the CAC; Last Name: The glossary gives special meanings to certain words used in the • reproduces all compulsory sections of the CAC without variation, conditions. except as stated in the text; Address: • acknowledges that the CAC are reproduced with the consent of the Auction Conduct Conditions RICS; and The Auction Conduct Conditions govern the relationship between • refers to the Conditions as the Common Auction Conditions (4th the auctioneer and anyone who participates in the auction. They edition). The RICS reserves the right to withdraw its licence to use this and any apply wherever the property is located, and cannot be changed previous edition of the Common Auction Conditions. Post Code: Telephone: without the auctioneer’s agreement.

Email: Property Type: Contents Property Area: Glossary ...... 2 G12 Management ...... 9 Auction Conduct Conditions ...... 4 G13 Rent deposits ...... 9 A1 Introduction ...... 4 G14 VAT ...... 9 A2 Our role ...... 4 G15 TRANSFER as a going concern ...... 9 Received (Date): Cheque No: A3 Bidding and reserve PRICEs ...... 4 G16 Capital Allowances ...... 10

ML Updated: By: A4 The PARTICULARS and other information ...... 4 G17 Maintenance Agreements ...... 10 A5 The CONTRACT...... 4 G18 Landlord and Tenant Act 1987 ...... 10 Sub Ex Date: A6 Extra AUCTION CONDUCT CONDITIONS ...... 5 G19 Sale by PRACTITIONER ...... 10 General Conditions Of Sale ...... 6 G20 TUPE ...... 10 G1 The LOT...... 6 G21 Environmental ...... 10 G2 Deposit ...... 6 G22 Service charge ...... 10 G3 Between CONTRACT and COMPLETION ...... 6 G23 Rent reviews ...... 11 G4 Title and identity ...... 7 G24 TENANCY renewals ...... 11 G5 TRANSFER ...... 7 G25 Warranties ...... 11 G6 COMPLETION ...... 7 G26 No assignment ...... 11 G7 Notice to complete ...... 8 G27 Registration at the Land Registry ...... 11 G8 If the CONTRACT is brought to an end ...... 8 G28 Notices and other communications ...... 12 G9 Landlord’s licence ...... 8 G29 CONTRACTs (Rights of Third Parties) Act 1999 ...... 12 G10 Interest and apportionments ...... 8 G30 EXTRA GENERAL CONDITIONS ...... 12 G11 ARREARS ...... 8

1 Glossary

This glossary applies to the AUCTION CONDUCT CONDITIONS and AUCTION CONDUCT CONDITIONS the SALE CONDITIONS. It is a compulsory section of the Common The conditions so headed, including any extra AUCTION CONDUCT AUCTION Conditions that must be included without variation CONDITIONS. (but the SPECIAL CONDITIONS may include defined words that differ from the glossary so long as they apply only to the SPECIAL AUCTIONEERS CONDITIONS). The AUCTIONEERS at the AUCTION.

The laws of England and Wales apply to the CONDITIONS and YOU, BUSINESS DAY WE, the SELLER and the BUYER all submit to the jurisdiction of the Any day except (a) Saturday or Sunday or (b) a bank or public holiday Courts of England and Wales. in England and Wales.

Wherever it makes sense: BUYER • singular words can be read as plurals, and plurals as singular The person who agrees to buy the LOT or, if applicable, that person’s words; personal representatives: if two or more are jointly the BUYER their • a “person” includes a corporate body; obligations can be enforced against them jointly or against each of • words of one gender include the other genders; them separately. • references to legislation are to that legislation as it may have been modified or re-enacted by the date of the AUCTION or the Catalogue CONTRACT DATE (as applicable); and The catalogue for the AUCTION as it exists at the date of the AUCTION • where the following words appear in small capitals they have the (or, if the catalogue is then different, the date of the CONTRACT) specified meanings. including any ADDENDUM and whether printed or made available electronically. ACTUAL COMPLETION DATE The date when COMPLETION takes place or is treated as taking place COMPLETION for the purposes of apportionment and calculating interest. Unless the SELLER and the BUYER otherwise agree, the occasion when they have both complied with the obligations under ADDENDUM the CONTRACT that they are obliged to comply with prior to An amendment or addition to the CONDITIONS or to the COMPLETION, and the amount payable on COMPLETION has been PARTICULARS or to both whether contained in a supplement to unconditionally received in the SELLER’S conveyancer’s client the CATALOGUE, a written notice from the AUCTIONEERS or an oral account (or as otherwise required by the terms of the CONTRACT). announcement at the AUCTION. Condition Agreed COMPLETION Date One of the AUCTION CONDUCT CONDITIONS or SALE CONDITIONS. Subject to CONDITION G9.3: a) the date specified in the SPECIAL CONDITIONS; or CONTRACT b) if no date is specified, 20 BUSINESS DAYS after the CONTRACT The CONTRACT by which the SELLER agrees to sell and the BUYER DATE; agrees to buy the LOT. but if that date is not a BUSINESS DAY the first subsequent BUSINESS DAY. CONTRACT DATE The date of the AUCTION or, if the LOT is sold before or after the Approved Financial Institution AUCTION: Any bank or building society that is regulated by a competent UK regulatory authority or is otherwise acceptable to the AUCTIONEERS. a) the date of the SALE MEMORANDUM signed by both the SELLER and BUYER; or ARREARS b) if CONTRACTs are exchanged, the date of exchange. ARREARS of rent and other sums due under the TENANCIES and still If exchange is not effected in person or by an irrevocable outstanding on the ACTUAL COMPLETION DATE. agreement to exchange made by telephone, fax or electronic mail the date of exchange is the date on which ARREARS Schedule both parts have been signed and posted or otherwise The ARREARS schedule (if any) forming part of the SPECIAL placed beyond normal retrieval. CONDITIONS. DOCUMENTS AUCTION DOCUMENTS of title including, if title is registered, the entries The AUCTION advertised in the CATALOGUE. on the register and the title plan and other DOCUMENTS listed or referred to in the SPECIAL CONDITIONS relating to the LOT (apart from FINANCIAL CHARGES).

2 EXTRA GENERAL CONDITIONS SALE MEMORANDUM Any CONDITIONS added or varied by the AUCTIONEERS The form so headed (whether or not set out in the CATALOGUE) starting at CONDITION G30. in which the terms of the CONTRACT for the sale of the LOT are recorded. Financial Charge A charge to secure a loan or other financial indebtedness (but not SELLER including a rentcharge or local land charge). The person selling the LOT. If two or more are jointly the SELLER their obligations can be enforced against them jointly or against each of General Conditions them separately. The SALE CONDITIONS headed ‘GENERAL CONDITIONS OF SALE’, including any EXTRA GENERAL CONDITIONS. SPECIAL CONDITIONS Those of the SALE CONDITIONS so headed that relate to the LOT. INTEREST RATE If not specified in the SPECIAL CONDITIONS, the higher of 6% and TENANCIES 4% above the base rate from time to time of Barclays Bank plc. The TENANCIES, leases, licences to occupy and agreements for lease and INTEREST RATE will also apply to any judgment debt, unless the any DOCUMENTS varying or supplemental to them. statutory rate is higher. TENANCY SCHEDULE LOT The schedule of TENANCIES (if any) forming part of the SPECIAL Each separate property described in the CATALOGUE or (as the case CONDITIONS. may be) the property that the SELLER has agreed to sell and the BUYER to buy (including chattels, if any). TRANSFER TRANSFER includes a conveyance or assignment (and “to TRANSFER” OLD ARREARS includes “to convey” or “to assign”). ARREARS due under any of the TENANCIES that are not “new TENANCIES” as defined by the Landlord and Tenant (Covenants) Act TUPE 1995. The TRANSFER of Undertakings (Protection of Employment) Regulations 2006. PARTICULARS The section of the CATALOGUE that contains descriptions of each LOT VAT (as varied by any ADDENDUM). Value Added Tax or other tax of a similar nature.

PRACTITIONER VAT OPTION An insolvency PRACTITIONER for the purposes of the Insolvency Act An option to tax. 1986 (or, in relation to jurisdictions outside the United Kingdom, a person undertaking a similar role). WE (and US and OUR) The AUCTIONEERS. PRICE The PRICE (exclusive of VAT) that the BUYER agrees to pay for the LOT. YOU (and YOUR) Someone who has seen the CATALOGUE or who attends or bids at or Ready To Complete otherwise participates in the AUCTION, whether or not a BUYER. Ready, willing and able to complete: if COMPLETION would enable the SELLER to discharge all FINANCIAL 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.

SALE CONDITIONS The GENERAL CONDITIONS as varied by any SPECIAL CONDITIONS or ADDENDUM.

3 Auction Conduct Conditions

Words in small capitals have the special meanings defined in the A4 The PARTICULARS and other information Glossary. A4.1 WE have taken reasonable care to prepare PARTICULARS that correctly describe each LOT. The PARTICULARS are based on The AUCTION CONDUCT CONDITIONS (as supplemented or varied information supplied by or on behalf of the SELLER. YOU need by CONDITION A6, if applicable) are a compulsory section of the to check that the information in the PARTICULARS is correct. Common AUCTION Conditions. They cannot be disapplied or varied A4.2 If the SPECIAL CONDITIONS do not contain a description of without OUR agreement, even by a CONDITION purporting to replace the LOT, or simply refer to the relevant LOT number, you the Common AUCTION Conditions in their entirety. take the risk that the description contained in the PARTICULARS is incomplete or inaccurate, as the A1 Introduction PARTICULARS have not been prepared by a conveyancer and A1.1 The AUCTION CONDUCT CONDITIONS apply wherever the are not intended to form part of a legal CONTRACT. LOT is located. A4.3 The PARTICULARS and the SALE CONDITIONS may change A1.2 If YOU make a bid for a LOT or otherwise participate in the prior to the AUCTION and it is YOUR responsibility to check AUCTION it is on the basis that YOU accept these AUCTION that YOU have the correct versions. CONDUCT CONDITIONS. They govern OUR relationship with A4.4 If WE provide information, or a copy of a DOCUMENT, WE do YOU. They can be varied only if WE agree. so only on the basis that WE are not responsible for the accuracy of that information or DOCUMENT. A2 OUR role A2.1 As agents for each SELLER we have authority to A5 The CONTRACT (a) prepare the CATALOGUE from information supplied by or A5.1 A successful bid is one WE accept as such (normally on the on behalf of each SELLER; fall of the hammer). This CONDITION A5 applies to YOU only if (b) offer each LOT for sale; YOU make the successful bid for a LOT. (c) sell each LOT; A5.2 YOU are obliged to buy the LOT on the terms of the SALE (d) receive and hold deposits; MEMORANDUM at the PRICE YOU bid (plus VAT, if applicable). (e) sign each SALE MEMORANDUM; and A5.3 YOU must before leaving the AUCTION (f) treat a CONTRACT as repudiated if the BUYER fails to (a) provide all information WE reasonably need from YOU to sign a SALE MEMORANDUM or pay a deposit as required by enable US to complete the SALE MEMORANDUM (including these AUCTION CONDUCT CONDITIONS or fails to provide proof of your identity if required by US); identification as required by the AUCTIONEERS. (b) sign the completed SALE MEMORANDUM; and A2.2 OUR decision on the conduct of the AUCTION is final. (c) pay the deposit. A2.3 WE may cancel the AUCTION, or alter the order in which LOTS A5.4 If YOU do not WE may either are offered for sale. WE may also combine or divide LOTS. A (a) as agent for the SELLER treat that failure as YOUR LOT may be sold or withdrawn from sale prior to the AUCTION. repudiation of the CONTRACT and offer the LOT for sale A2.4 YOU acknowledge that to the extent permitted by law WE owe again: the SELLER may then have a claim against YOU for YOU no duty of care and YOU have no claim against US for breach of CONTRACT; or any loss. (b) sign the SALE MEMORANDUM on YOUR behalf. A2.5 WE may refuse to admit one or more persons to the AUCTION A5.5 The deposit without having to explain why. (a) must be paid in pounds sterling by cheque or by A2.6 YOU may not be allowed to bid unless YOU provide such bankers’ draft made payable to US (or, at OUR option, evidence of YOUR identity and other information as WE the SELLER’S conveyancer) drawn on an APPROVED reasonably require from all bidders. FINANCIAL INSTITUTION (CONDITION A6 may state if WE accept any other form of payment); A3 Bidding and reserve PRICEs (b) may be declined by US unless drawn on YOUR account, or A3.1 All bids are to be made in pounds sterling exclusive of VAT. that of the BUYER, or of another person who (we are satisfied) A3.2 WE may refuse to accept a bid. WE do not have to explain why. would not expose US to a breach of money laundering A3.3 If there is a dispute over bidding WE are entitled to resolve it, regulations; and OUR decision is final. (c) is to be held by US (or, at OUR option, the SELLER’S A3.4 Unless stated otherwise each LOT is subject to a reserve conveyancer); and PRICE (which may be fixed just before the LOT is offered for (d) is to be held as stakeholder where VAT would be sale). If no bid equals or exceeds that reserve PRICE the LOT chargeable on the deposit were it to be held as agent for the will be withdrawn from the AUCTION. SELLER, but otherwise is to be held as stakeholder unless the A3.5 Where there is a reserve PRICE the SELLER may bid (or ask SALE CONDITIONS require it to be held as agent for the US or another agent to bid on the SELLER’s behalf) up to SELLER. the reserve PRICE but may not make a bid equal to or A5.6 WE may retain the SALE MEMORANDUM signed by or on exceeding the reserve PRICE. YOU accept that it is possible behalf of the SELLER until the deposit has been received in that all bids up to the reserve PRICE are bids made by or on cleared funds. behalf of the SELLER.

4 A5.7 Where WE hold the deposit as stakeholder WE are authorised to release it (and interest on it if applicable) to the SELLER on COMPLETION or, if COMPLETION does not take place, to the person entitled to it under the SALE CONDITIONS. A5.8 If the BUYER does not comply with its obligations under the CONTRACT then (a) YOU are personally liable to buy the LOT even if YOU are acting as an agent; and (b) YOU must indemnify the SELLER in respect of any loss the SELLER incurs as a result of the BUYER’s default. A5.8 Where the BUYER is a company YOU warrant that the BUYER is properly constituted and able to buy the LOT.

A6 Extra Auction Conduct Conditions A6.1 Despite any SPECIAL CONDITION to the contrary the minimum deposit WE accept is £3,000 (or the total PRICE, if less). A SPECIAL CONDITION may, however, require a higher minimum deposit.

5 General Conditions of Sale

Words in small capitals have the special meanings defined in the G1.8 The BUYER buys with full knowledge of Glossary. (a) the DOCUMENTS, whether or not the BUYER has read them; and The GENERAL CONDITIONS (as WE supplement or change them by (b) the physical condition of the LOT and what could any EXTRA GENERAL CONDITIONS or ADDENDUM) are compulsory reasonably be discovered on inspection of it, whether or not but may be disapplied or changed in relation to one or more LOTS by the BUYER has inspected it. SPECIAL CONDITIONS. The template form of SALE MEMORANDUM G1.9 The BUYER admits that it is not relying on the information is not compulsory but is to be varied only if WE agree. The template contained in the PARTICULARS or on any representations forms of SPECIAL CONDITIONS and schedules are recommended, but made by or on behalf of the SELLER but the BUYER may rely are not compulsory and may be changed by the SELLER of a LOT. on the SELLER’S conveyancer’s written replies to written enquiries to the extent stated in those replies. G1 The LOT G1.1 The LOT (including any rights to be granted or reserved, and G2 Deposit any exclusions from it) is described in the SPECIAL G2.1 The amount of the deposit is the greater of: CONDITIONS, or if not so described is that referred to in the (a) any minimum deposit stated in the AUCTION CONDUCT SALE MEMORANDUM. CONDITIONS (or the total PRICE, if this is less than that G1.2 The LOT is sold subject to any TENANCIES disclosed by the minimum); and SPECIAL CONDITIONS, but otherwise with vacant possession (b) 10% of the PRICE (exclusive of any VAT on the PRICE). on COMPLETION. G2.2 If a cheque for all or part of the deposit is not cleared on first G1.3 The LOT is sold subject to all matters contained or referred presentation the SELLER may treat the CONTRACT as at an to in the DOCUMENTS. The SELLER must discharge end and bring a claim against the BUYER for breach of FINANCIAL CHARGES on or before COMPLETION. CONTRACT. G1.4 The LOT is also sold subject to such of the following as may G2.3 Interest earned on the deposit belongs to the SELLER unless affect it, whether they arise before or after the CONTRACT the SALE CONDITIONS provide otherwise. DATE and whether or not they are disclosed by the SELLER or are apparent from inspection of the LOT or from the G3 Between CONTRACT and COMPLETION DOCUMENTS: G3.1 From the CONTRACT DATE the SELLER has no obligation to (a) matters registered or capable of registration as local land insure the LOT and the BUYER bears all risks of loss or damage charges; unless (b) matters registered or capable of registration by any (a) the LOT is sold subject to a TENANCY that requires the competent authority or under the provisions of any statute; SELLER to insure the LOT or (c) notices, orders, demands, proposals and requirements of (b) the SPECIAL CONDITIONS require the SELLER to insure the any competent authority; LOT. (d) charges, notices, orders, restrictions, agreements and G3.2 If the SELLER is required to insure the LOT then the SELLER other matters relating to town and country planning, (a) must produce to the BUYER on request all relevant highways or public health; insurance details; (e) rights, easements, quasi-easements, and wayleaves; (b) must use reasonable endeavours to maintain that or (f) outgoings and other liabilities; equivalent insurance and pay the premiums when due; (g) any interest which overrides, under the Land Registration (c) gives no warranty as to the adequacy of the insurance; Act 2002; (d) must at the request of the BUYER use reasonable (h) matters that ought to be disclosed by the searches and endeavours to have the BUYER’s interest noted on the policy enquiries a prudent BUYER would make, whether or not the if it does not cover a contracting purchaser; BUYER has made them; and (e) must, unless otherwise agreed, cancel the insurance at (i) anything the SELLER does not and could not reasonably COMPLETION, apply for a refund of premium and (subject to know about. the rights of any tenant or other third party) pay that refund to G1.5 Where anything subject to which the LOT is sold would expose the BUYER; and the SELLER to liability the BUYER is to comply with it and (f) (subject to the rights of any tenant or other third party) hold indemnify the SELLER against that liability. on trust for the BUYER any insurance payments that the G1.6 The SELLER must notify the BUYER of any notices, orders, SELLER receives in respect of loss or damage arising after the demands, proposals and requirements of any competent CONTRACT DATE, or assign to the BUYER the benefit of any authority of which it learns after the CONTRACT DATE but the claim; BUYER must comply with them and keep the SELLER and the BUYER must on COMPLETION reimburse to the indemnified. SELLER the cost of that insurance as from the CONTRACT G1.7 The LOT does not include any tenant’s or trade fixtures or DATE (to the extent not already paid by the BUYER or a tenant fittings. The SPECIAL CONDITIONS state whether any chattels or other third party). are included in the LOT, but if they are: G3.3 No damage to or destruction of the LOT, nor any deterioration (a) the BUYER takes them as they are at COMPLETION and the in its condition, however caused, entitles the BUYER to SELLER is not liable if they are not fit for use, and any reduction in PRICE, or to delay COMPLETION, or to refuse (b) the SELLER is to leave them at the LOT. to complete.

6 G3.4 Section 47 of the Law of Property Act 1925 does not apply to G5 TRANSFER the CONTRACT. G5.1 Unless a form of TRANSFER is prescribed by the SPECIAL G3.5 Unless the BUYER is already lawfully in occupation of CONDITIONS the LOT the BUYER has no right to enter into occupation prior (a) the BUYER must supply a draft TRANSFER to the SELLER to COMPLETION. at least ten BUSINESS DAYS before the AGREED COMPLETION DATE and the engrossment (signed as a deed by the BUYER if G4 Title and identity CONDITION G5.2 applies) five BUSINESS DAYS before that G4.1 Unless CONDITION G4.2 applies, the BUYER accepts the title date or (if later) two BUSINESS DAYS after the draft has been of the SELLER to the LOT as at the CONTRACT DATE and may approved by the SELLER; raise no requisition or objection to any of the DOCUMENTS and that is made available before the AUCTION or any other (b) the SELLER must approve or revise the draft TRANSFER matter, except one that occurs after the CONTRACT DATE. within five BUSINESS DAYS of receiving it from the BUYER. G4.2 The following provisions apply only to any of the following G5.2 If the SELLER has any liability (other than to the BUYER) in DOCUMENTS that is not made available before the AUCTION: relation to the LOT or a TENANCY following COMPLETION, the (a) If the LOT is registered land the SELLER is to give to the BUYER is specifically to covenant in the TRANSFER to BUYER within five BUSINESS DAYS of the CONTRACT DATE indemnify the SELLER against that liability. an official copy of the entries on the register and title plan G5.3 The SELLER cannot be required to TRANSFER the LOT to and, where noted on the register, of all DOCUMENTS subject anyone other than the BUYER, or by more than one to which the LOT is being sold. TRANSFER. (b) If the LOT is not registered land the SELLER is to give to G5.4 Where the SPECIAL CONDITIONS state that the SELLER is to the BUYER within five BUSINESS DAYS of the CONTRACT grant a new lease to the BUYER DATE an abstract or epitome of title starting from the (a) the CONDITIONS are to be read so that the TRANSFER root of title mentioned in the SPECIAL CONDITIONS (or, if refers to the new lease, the SELLER to the proposed landlord none is mentioned, a good root of title more than fifteen and the BUYER to the proposed tenant; years old) and must produce to the BUYER the original or an (b) the form of new lease is that described by the SPECIAL examined copy of every relevant DOCUMENT. CONDITIONS; and (c) If title is in the course of registration, title is to consist of: (c) the SELLER is to produce, at least five BUSINESS DAYS (i) certified copies of the application for registration of title before the AGREED COMPLETION DATE, the engrossed made to the Land Registry and of the DOCUMENTS counterpart lease, which the BUYER is to sign and deliver to accompanying that application; the SELLER on COMPLETION. (ii) evidence that all applicable stamp duty land tax relating to that application has been paid; G6 COMPLETION and G6.1 COMPLETION is to take place at the offices of the SELLER’S (iii) a letter under which the SELLER or its conveyancer conveyancer, or where the SELLER may reasonably require, agrees to use all reasonable endeavours to answer any on the AGREED COMPLETION DATE. The SELLER can only be requisitions raised by the Land Registry and to instruct the required to complete on a BUSINESS DAY and between the Land Registry to send the completed registration hours of 0930 and 1700. DOCUMENTS to the BUYER. G6.2 The amount payable on COMPLETION is the balance of the (d) The BUYER has no right to object to or make requisitions PRICE adjusted to take account of apportionments plus (if on any title information more than seven BUSINESS DAYS applicable) VAT and interest, but no other amounts unless after that information has been given to the BUYER. specified in the SPECIAL CONDITIONS. G4.3 Unless otherwise stated in the SPECIAL CONDITIONS the G6.3 Payment is to be made in pounds sterling and only by SELLER sells with full title guarantee except that (and the (a) direct TRANSFER from the BUYER’s conveyancer to the TRANSFER shall so provide): SELLER’S conveyancer; (a) the covenant set out in section 3 of the Law of Property and (Miscellaneous Provisions) Act 1994 shall not extend to (b) the release of any deposit held by a stakeholder or in such matters recorded in registers open to public inspection; these other manner as the SELLER’S conveyancer may agree. are to be treated as within the actual knowledge of the G6.4 Unless the SELLER and the BUYER otherwise agree, BUYER; and COMPLETION cannot take place until both have complied (b) the covenant set out in section 4(1)(b) of the Law of with the obligations under the CONTRACT that they are Property (Miscellaneous Provisions) Act 1994 shall not obliged to comply with prior to COMPLETION, and the extend to any condition or tenant’s obligation relating to the amount payable on COMPLETION is unconditionally received state or condition of the LOT where the LOT is leasehold in the SELLER’S conveyancer’s client account or as otherwise property. required by the terms of the CONTRACT. G4.4 The TRANSFER is to have effect as if expressly subject to all G6.5 If COMPLETION takes place after 1400 hours for a reason matters subject to which the LOT is sold under the other than the SELLER’S default it is to be treated, for the CONTRACT. purposes of apportionment and calculating interest, as if it G4.5 The SELLER does not have to produce, nor may the BUYER had taken place on the next BUSINESS DAY. object to or make a requisition in relation to, any prior or G6.6 Where applicable the CONTRACT remains in force following superior title even if it is referred to in the DOCUMENTS. COMPLETION. G4.6 The SELLER (and, if relevant, the BUYER) must produce to each other such confirmation of, or 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 Money Laundering Regulations and Land Registry Rules.

7 G7 Notice to complete G10.2 Subject to CONDITION G11 the SELLER is not obliged to G7.1 The SELLER or the BUYER may on or after the AGREED apportion or account for any sum at COMPLETION unless the COMPLETION DATE but before COMPLETION give the other SELLER has received that sum in cleared funds. The SELLER notice to complete within ten BUSINESS DAYS (excluding the must promptly pay to the BUYER after COMPLETION any sum date on which the notice is given) making time of the to which the BUYER is entitled that the SELLER subsequently essence. receives in cleared funds. G7.2 The person giving the notice must be READY TO COMPLETE. G10.3 Income and outgoings are to be apportioned at the ACTUAL G7.3 If the BUYER fails to comply with a notice to complete the COMPLETION DATE unless: SELLER may, without affecting any other remedy the SELLER (a) the BUYER is liable to pay interest; and has: (b) the SELLER has given notice to the BUYER at any time up (a) terminate the CONTRACT; to COMPLETION requiring apportionment on the date (b) claim the deposit and any interest on it if held by a from which interest becomes payable by the BUYER; stakeholder; in which event income and outgoings are to be apportioned (c) forfeit the deposit and any interest on it; on the date from which interest becomes payable by the (d) resell the LOT; and BUYER. (e) claim damages from the BUYER. G10.4 Apportionments are to be calculated on the basis that: G7.4 If the SELLER fails to comply with a notice to complete the (a) the SELLER receives income and is liable for outgoings for BUYER may, without affecting any other remedy the BUYER the whole of the day on which apportionment is to be made; has: (b) annual income and expenditure accrues at an equal daily (a) terminate the CONTRACT; and rate assuming 365 days in a year (or 366 in a leap year), and (b) recover the deposit and any interest on it from the SELLER income and expenditure relating to some other period or, if applicable, a stakeholder. accrues at an equal daily rate during the period to which it relates; and G8 If the CONTRACT is brought to an end (c) where the amount to be apportioned is not known If the CONTRACT is lawfully brought to an end: at COMPLETION apportionment is to be made by reference to (a) the BUYER must return all papers to the SELLER and a reasonable estimate and further payment is to be made appoints the SELLER its agent to cancel any registration of by SELLER or BUYER as appropriate within five BUSINESS the CONTRACT; and DAYS of the date when the amount is known. (b) the SELLER must return the deposit and any interest on it G10.5 If a payment due from the BUYER to the SELLER to the BUYER (and the BUYER may claim it from the on or after COMPLETION is not paid by the due date, the stakeholder, if applicable) unless the SELLER is BUYER is to pay interest to the SELLER at the INTEREST RATE entitled to forfeit the deposit under CONDITION G7.3. on that payment from the due date up to and including the date of payment. G9 Landlord’s licence G9.1 Where the LOT is or includes leasehold land and licence to G11. ARREARS assign or sublet is required this CONDITION G9 applies. Part 1 – Current rent G9.2 The CONTRACT is conditional on that licence being obtained, G11.1 “Current rent” means, in respect of each of the TENANCIES by way of formal licence if that is what the landlord lawfully subject to which the LOT is sold, the instalment of rent and requires. other sums payable by the tenant on the most recent rent G9.3 The AGREED COMPLETION DATE is not to be earlier than the payment date on or within four months preceding date five BUSINESS DAYS after the SELLER has given notice to COMPLETION. the BUYER that licence has been obtained (“licence notice”). G11.2 If on COMPLETION there are any ARREARS of current rent the G9.4 The SELLER must BUYER must pay them, whether or not details of those (a) use all reasonable endeavours to obtain the licence at the ARREARS are given in the SPECIAL CONDITIONS. SELLER’S expense; and G11.3 Parts 2 and 3 of this CONDITION G11 do not apply to (b) enter into any Authorised Guarantee Agreement (“AGA”) ARREARS of current rent. properly required (procuring a guarantee of that AGA if lawfully required by the landlord). Part 2 – BUYER to pay for ARREARS G9.5 The BUYER must promptly (a) provide references and other relevant information; and G11.4 Part 2 of this CONDITION G11 applies where the SPECIAL (b) comply with the landlord’s lawful requirements. CONDITIONS give details of ARREARS. G9.6 If within three months of the CONTRACT DATE (or such longer G11.5 The BUYER is on COMPLETION to pay, in addition to any other period as the SELLER and BUYER agree) the SELLER has not money then due, an amount equal to all ARREARS of which given licence notice to the BUYER the SELLER or the BUYER details are set out in the SPECIAL CONDITIONS. may (if not then in breach of any obligation under this G11.6 If those ARREARS are not OLD ARREARS the SELLER is to CONDITION G9) by notice to the other terminate the assign to the BUYER all rights that the SELLER has to recover CONTRACT at any time before the SELLER has given licence those ARREARS. notice. That termination is without prejudice to the claims of either SELLER or BUYER for breach of this CONDITION G9. Part 3 – BUYER not to pay for ARREARS G11.7 Part 3 of this CONDITION G11 applies where the SPECIAL G10 Interest and apportionments CONDITIONS G10.1 If the ACTUAL COMPLETION DATE is after the AGREED (a) so state; or COMPLETION DATE for any reason other than the SELLER’S (b) give no details of any ARREARS. default the BUYER must pay interest at the INTEREST RATE on G11.8 While any ARREARS due to the SELLER remain unpaid the the money due from the BUYER at COMPLETION for the BUYER must: period starting on the AGREED COMPLETION DATE and (a) try to collect them in the ordinary course of management ending on the ACTUAL COMPLETION DATE. but need not take legal proceedings or forfeit the TENANCY;

8 (b) pay them to the SELLER within five BUSINESS DAYS (a) observe and perform the SELLER’s covenants and of receipt in cleared funds (plus interest at the INTEREST conditions in the rent deposit deed and indemnify the SELLER RATE calculated on a daily basis for each subsequent day’s in respect of any breach; delay in payment); (b) give notice of assignment to the tenant; and (c) on request, at the cost of the SELLER, assign to the SELLER (c) give such direct covenant to the tenant as may be required or as the SELLER may direct the right to demand and sue for by the rent deposit deed. OLD ARREARS, such assignment to be in such form as the SELLER’S conveyancer may reasonably require; G14 VAT (d) if reasonably required, allow the SELLER’S conveyancer to G14.1 Where a SALE CONDITION requires money to be paid or other have on loan the counterpart of any TENANCY against an consideration to be given, the payer must also pay any VAT undertaking to hold it to the BUYER’s order; that is chargeable on that money or consideration, but only if (e) not without the consent of the SELLER release any tenant given a valid VAT invoice. or surety from liability to pay ARREARS or accept a surrender G14.2 Where the SPECIAL CONDITIONS state that no VAT OPTION of or forfeit any TENANCY under which ARREARS are due; and has been made the SELLER confirms that none has been (f) if the BUYER disposes of the LOT prior to recovery of all made by it or by any company in the same VAT group nor will ARREARS obtain from the BUYER’S successor in title a be prior to COMPLETION. covenant in favour of the SELLER in similar form to part 3 of this CONDITION G11. G15 TRANSFER as a going concern G11.9 Where the SELLER has the right to recover ARREARS it G15.1 Where the SPECIAL CONDITIONS so state: must not without the BUYER’S written consent bring (a) the SELLER and the BUYER intend, and will take all insolvency proceedings against a tenant or seek the removal practicable steps (short of an appeal) to procure, that the sale of goods from the LOT. is treated as a TRANSFER of a going concern; and (b) this CONDITION G15 applies. G12 Management G15.2 The SELLER confirms that the SELLER: G12.1 This CONDITION G12 applies where the LOT is sold subject to (a) is registered for VAT, either in the SELLER’S name or as a TENANCIES. member of the same VAT group; and G12.2 The SELLER is to manage the LOT in accordance with its (b) has (unless the sale is a standard-rated supply) made in standard management policies pending COMPLETION. relation to the LOT a VAT OPTION that remains valid and will G12.3 The SELLER must consult the BUYER on all management not be revoked before COMPLETION. issues that would affect the BUYER after COMPLETION (such G15.3 The BUYER confirms that as, but not limited to, an application for licence; a rent review; (a) it is registered for VAT, either in the BUYER’S name or as a a variation, surrender, agreement to surrender or proposed member of a VAT group; forfeiture of a TENANCY; or a new TENANCY or agreement to (b) it has made, or will make before COMPLETION, grant a new TENANCY) and: a VAT OPTION in relation to the LOT and will not revoke it (a) the SELLER must comply with the BUYER’s reasonable before or within three months after COMPLETION; requirements unless to do so would (but for the indemnity in (c) article 5(2B) of the Value Added Tax (Special Provisions) paragraph (c)) expose the SELLER to a liability that the Order 1995 does not apply to it; and SELLER would not otherwise have, in which case the SELLER (d) it is not buying the LOT as a nominee for another person. may act reasonably in such a way as to avoid that liability; G15.4 The BUYER is to give to the SELLER as early as possible before (b) if the SELLER gives the BUYER notice of the SELLER’s the AGREED COMPLETION DATE evidence intended act and the BUYER does not object within five (a) of the BUYER’S VAT registration; BUSINESS DAYS giving reasons for the objection the SELLER (b) that the BUYER has made a VAT OPTION; and may act as the SELLER intends; and (c) that the VAT OPTION has been notified in writing to HM (c) the BUYER is to indemnify the SELLER against all loss or Revenue and Customs; liability the SELLER incurs through acting as the BUYER and if it does not produce the relevant evidence at least two requires, or by reason of delay caused by the BUYER. BUSINESS DAYS before the AGREED COMPLETION DATE, CONDITION G14.1 applies at COMPLETION. G13 Rent deposits G15.5 The BUYER confirms that after COMPLETION the BUYER G13.1 Where any TENANCY is an assured shorthold TENANCY, the intends to SELLER and the BUYER are to comply with their respective (a) retain and manage the LOT for the BUYER’S own benefit as statutory duties in relation to the protection of tenants’ a continuing business as a going concern subject to and with deposits, and to demonstrate in writing to the other (before the benefit of the TENANCIES; and COMPLETION, so far as practicable) that they have complied. (b) collect the rents payable under the TENANCIES and charge G13.2 The remainder of this CONDITION G13 applies where the VAT on them. SELLER is holding or otherwise entitled to money by way of G15.6 If, after COMPLETION, it is found that the sale of the LOT is not rent deposit in respect of a TENANCY. In this CONDITION a TRANSFER of a going concern then: G13 “rent deposit deed” means the deed or other (a) the SELLER’s conveyancer is to notify the BUYER’s DOCUMENT under which the rent deposit is held. conveyancer of that finding and provide a VAT invoice in G13.3 If the rent deposit is not assignable the SELLER must on respect of the sale of the LOT; COMPLETION hold the rent deposit on trust for the BUYER (b) the BUYER must within five BUSINESS DAYS of receipt of and, subject to the terms of the rent deposit deed, comply at the VAT invoice pay to the SELLER the VAT due; and the cost of the BUYER with the BUYER’s lawful instructions. (c) if VAT is payable because the BUYER has not complied with G13.4 Otherwise the SELLER must on COMPLETION pay and assign this CONDITION G15, the BUYER must pay and indemnify the its interest in the rent deposit to the BUYER under an SELLER against all costs, interest, penalties or surcharges that assignment in which the BUYER covenants with the SELLER the SELLER incurs as a result. to:

9 G16 Capital allowances G20 TUPE G16.1 This CONDITION G16 applies where the SPECIAL CONDITIONS G20.1 If the SPECIAL CONDITIONS state “there are no employees state that there are capital allowances available in respect to which TUPE applies”, this is a warranty by the SELLER to of the LOT. this effect. G16.2 The SELLER is promptly to supply to the BUYER all G20.2 If the SPECIAL CONDITIONS do not state “there are no information reasonably required by the BUYER in connection employees to which TUPE applies” the following paragraphs with the BUYER’s claim for capital allowances. apply: G16.3 The value to be attributed to those items on which capital (a) The SELLER must notify the BUYER of those employees allowances may be claimed is set out in the SPECIAL whose CONTRACTs of employment will TRANSFER to the CONDITIONS. BUYER on COMPLETION (the “Transferring Employees”). This G16.4 The SELLER and BUYER agree: notification must be given to the BUYER not less than 14 days (a) to make an election on COMPLETION under Section 198 before COMPLETION. of the Capital Allowances Act 2001 to give effect to this (b) The BUYER confirms that it will comply with its obligations CONDITION G16; and under TUPE and any SPECIAL CONDITIONS in respect of the (b) to submit the value specified in the SPECIAL CONDITIONS TRANSFERring Employees. to HM Revenue and Customs for the purposes of their (c) The BUYER and the SELLER acknowledge that pursuant respective capital allowance computations. and subject to TUPE, the CONTRACTs of employment between the TRANSFERring Employees and the SELLER will G17 Maintenance agreements TRANSFER to the BUYER on COMPLETION. G17.1 The SELLER agrees to use reasonable endeavours (d) The BUYER is to keep the SELLER indemnified against all to TRANSFER to the BUYER, at the BUYER’s cost, the liability for the TRANSFERring Employees after COMPLETION. benefit of the maintenance agreements specified in the SPECIAL CONDITIONS. G21 Environmental G17.2 The BUYER must assume, and indemnify the SELLER in G21.1 This CONDITION G21 only applies where the SPECIAL respect of, all liability under such agreements from the CONDITIONS so provide. ACTUAL COMPLETION DATE. G21.2 The SELLER has madeavailable such reports as the SELLER has as to the environmental condition of the LOT and G18 Landlord and Tenant Act 1987 has given the BUYER the opportunity to carry out G18.1 This CONDITION G18 applies where the sale is a relevant investigations (whether or not the BUYER has read those disposal for the purposes of part I of the Landlord and Tenant reports or carried out any investigation) and the BUYER Act 1987 admits that the PRICE takes into account the environmental G18.2 The SELLER warrants that the SELLER has complied with condition of the LOT sections 5B and 7 of that Act and that the requisite majority of G21.3 The BUYER agrees to indemnify the SELLER in respect of all qualifying tenants has not accepted the offer. liability for or resulting from the environmental condition of the LOT. G19 Sale by PRACTITIONER G19.1 This CONDITION G19 applies where the sale is by a G22 Service Charge PRACTITIONER either as SELLER or as agent of the SELLER. G22.1 This CONDITION G22 applies where the LOT is sold subject to G19.2 The PRACTITIONER has been duly appointed and is TENANCIES that include service charge provisions. empowered to sell the LOT. G22.2 No apportionment is to be made at COMPLETION in respect G19.3 Neither the PRACTITIONER nor the firm or any member of the of service charges. firm to which the PRACTITIONER belongs has any personal G22.3 Within two months after COMPLETION the SELLER must liability in connection with the sale or the performance of the provide to the BUYER a detailed service charge account for SELLER’s obligations. The TRANSFER is to include a the service charge year current on COMPLETION showing: declaration excluding that personal liability. (a) service charge expenditure attributable to each TENANCY; G19.4 The LOT is sold (a) in its condition at COMPLETION; (b) payments on account of service charge received from (b) for such title as the SELLER may have; and each tenant; (c) with no title guarantee; (c) any amounts due from a tenant that have not been and the BUYER has no right to terminate the CONTRACT or received; any other remedy if information provided about the LOT is (d) any service charge expenditure that is not attributable to inaccurate, incomplete or missing. any TENANCY and is for that reason irrecoverable. G19.5 Where relevant: G22.4 In respect of each TENANCY, if the service charge account (a) the DOCUMENTS must include certified copies of those shows: under which the PRACTITIONER is appointed, the DOCUMENT (a) that payments that the tenant has made on account of appointment and the PRACTITIONER’S acceptance of exceed attributable service charge expenditure, the SELLER appointment; and must pay to the BUYER an amount equal to that excess when it provides the service charge account; or (b) the SELLER may require the TRANSFER to be by the lender (b) that attributable service charge expenditure exercising its power of sale under the Law of Property Act exceeds payments made on account, the BUYER must use 1925. all reasonable endeavours to recover the shortfall from G19.6 The BUYER understands this CONDITION G19 and agrees that the tenant as soon as practicable and promptly pay the it is fair in the circumstances of a sale by a PRACTITIONER. amount so recovered to the SELLER; but in respect of payments on account that are still due from a tenant CONDITION G11 (ARREARS) applies.

10 G22.5 In respect of service charge expenditure that is not G24.3 If the SELLER receives a notice the SELLER must send a copy attributable to any TENANCY the SELLER must pay the to the BUYER within five BUSINESS DAYS and act as the expenditure incurred in respect of the period before ACTUAL BUYER reasonably directs in relation to it. COMPLETION DATE and the BUYER must pay the expenditure G24.4 Following COMPLETION the BUYER must: incurred in respect of the period after ACTUAL COMPLETION (a) with the co-operation of the SELLER take immediate steps DATE. Any necessary monetary adjustment is to be made to substitute itself as a party to any proceedings; within five BUSINESS DAYS of the SELLER providing the (b) use all reasonable endeavours to conclude any service charge account to the BUYER. proceedings or negotiations for the renewal of the TENANCY G22.6 If the SELLER holds any reserve or sinking fund on account of and the determination of any interim rent as soon as future service charge expenditure or a depreciation fund: reasonably practicable at the best rent or rents reasonably (a) the SELLER must pay it (including any interest earned on it) obtainable; and to the BUYER on COMPLETION; and (c) if any increased rent is recovered from the tenant (whether (b) the BUYER must covenant with the SELLER to hold it in as interim rent or under the renewed TENANCY) account to accordance with the terms of the TENANCIES and to the SELLER for the part of that increase that relates to the indemnify the SELLER if it does not do so. SELLER’S period of ownership of the LOT within five BUSINESS DAYS of receipt of cleared funds. G23 Rent reviews G24.5 The SELLER and the BUYER are to bear their own costs in G23.1 This CONDITION G23 applies where the LOT is sold subject to relation to the renewal of the TENANCY and any proceedings a TENANCY under which a rent review due on or before the relating to this. ACTUAL COMPLETION DATE has not been agreed or determined. G25 Warranties G23.2 The SELLER may continue negotiations or rent review G25.1 Available warranties are listed in the SPECIAL CONDITIONS. proceedings up to the ACTUAL COMPLETION DATE but may G25.2 Where a warranty is assignable the SELLER must: not agree the level of the revised rent or commence rent (a) on COMPLETION assign it to the BUYER and give notice of review proceedings without the written consent of the assignment to the person who gave the warranty; and BUYER, such consent not to be unreasonably withheld or (b) apply for (and the SELLER and the BUYER must use all delayed. reasonable endeavours to obtain) any consent to assign G23.3 Following COMPLETION the BUYER must complete rent that is required. If consent has not been obtained by review negotiations or proceedings as soon as reasonably COMPLETION the warranty must be assigned within five practicable but may not agree the level of the revised rent BUSINESS DAYS after the consent has been obtained. without the written consent of the SELLER, such consent not G25.3 If a warranty is not assignable the SELLER must after to be unreasonably withheld or delayed. COMPLETION: G23.4 The SELLER must promptly: (a) hold the warranty on trust for the BUYER; and (a) give to the BUYER full details of all rent review negotiations (b) at the BUYER’s cost comply with such of the lawful and proceedings, including copies of all correspondence and instructions of the BUYER in relation to the warranty as do not other papers; and place the SELLER in breach of its terms or expose the SELLER (b) use all reasonable endeavours to substitute the BUYER for to any liability or penalty. the SELLER in any rent review proceedings. G26 No assignment G23.5 The SELLER and the BUYER are to keep each other informed of the progress of the rent review and have regard to any The BUYER must not assign, mortgage or otherwise proposals the other makes in relation to it. TRANSFER or part with the whole or any part of the BUYER’S G23.6 When the rent review has been agreed or determined the interest under this CONTRACT. BUYER must account to the SELLER for any increased rent and interest recovered from the tenant that relates to the G27 Registration at the Land Registry SELLER’S period of ownership within five BUSINESS DAYS of G27.1 This CONDITION G27.1 applies where the LOT is receipt of cleared funds.G23.7 If a rent review is agreed or leasehold and its sale either triggers first registration or is a determined before COMPLETION but the increased rent and registrable disposition. The BUYER must at its own expense any interest recoverable from the tenant has not been and as soon as practicable: received by COMPLETION the increased rent and any interest (a) procure that it becomes registered at the Land Registry as recoverable is to be treated as ARREARS. proprietor of the LOT; G23.8 The SELLER and the BUYER are to bear their own costs in (b) procure that all rights granted and reserved by the lease relation to rent review negotiations and proceedings. under which the LOT is held are properly noted against the affected titles; and G24 TENANCY renewals (c) provide the SELLER with an official copy of the register G24.1 This CONDITION G24 applies where the tenant under a relating to such lease showing itself registered as proprietor. TENANCY has the right to remain in occupation under part II G27.2 This CONDITION G27.2 applies where the LOT comprises part of the Landlord and Tenant Act 1954 (as amended) and of a registered title. The BUYER must at its own expense and references to notices and proceedings are to notices and as soon as practicable: proceedings under that Act. (a) apply for registration of the TRANSFER; (b) provide the SELLER with an official copy and title plan for G24.2 Where practicable, without exposing the SELLER to liability the BUYER’S new title; and or penalty, the SELLER must not without the written consent (c) join in any representations the SELLER may properly make of the BUYER (which the BUYER must not unreasonably to the Land Registry relating to the application. withhold or delay) serve or respond to any notice or begin or continue any proceedings.

11 G28 Notices and other communications G28.1 All communications, including notices, must be in writing. Communication to or by the SELLER or the BUYER may be given to or by their conveyancers. G28.2 A communication may be relied on if: (a) delivered by hand; or (b) made electronically and personally acknowledged (automatic acknowledgement does not count); or (c) there is proof that it was sent to the address of the person to whom it is to be given (as specified in the SALE MEMORANDUM) by a postal service that offers normally to deliver mail the next following BUSINESS DAY. G28.3 A communication is to be treated as received: (a) when delivered, if delivered by hand; or (b) when personally acknowledged, if made electronically; 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. G28.4 A communication sent by a postal service that offers normally to deliver mail the next following BUSINESS DAY will be treated as received on the second BUSINESS DAY after it has been posted.

G29 CONTRACTS (Rights of Third Parties) Act 1999 No one is intended to have any benefit under the CONTRACT pursuant to the CONTRACTs (Rights of Third Parties) Act 1999.

G30. EXTRA SPECIAL DETAILS See Auctioneers for details

12 Memorandum of sale

Auction date: Lot No.

Agreement date:

Seller's name:

Seller's address:

Post code:

Telephone:

Buyer’s name:

Buyer’s address:

Post code:

Telephone

Property

Completion date: Purchase Price:

Deposit £: Plus Buyer’s Premium of: 1.2% or £750.00

Total paid:

Balance £: Buyers conveyancer:

Contact:

Address:

Post code:

The seller acknowledges that he has agreed to sell and the buyer acknowledges that he has agreed to buy the property mentioned above at the Purchase Price, subject to the Standard, General and Special Conditions of Sale. The Auctioneer acknowledges receipt of the deposit as agent for the seller.

Signed by or on behalf of the Buyer:

Signed as agent for the Seller: save the date want to see more? Our next auctions… The Cardiff North Hotel Llanedeyrn, Cardiff 05 December 2019, 5pm

108 Lower Dock Street, Newport, South Wales NP20 2AG For more information call 01633 254 044 or email [email protected] www.paulfoshauctions.com