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February 2014

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February 2014 PROPERTY February 2014 Day 1 EXETER tuesday 18th February at 1.00pm Day 2 LONDON Wednesday 19th February at 1.00pm Day 3 MANCHESTER thursday 20th February at 1.00pm auction calendar 2014 Regional & national Jan Feb Mar apr May Jun Jul aug Sept oct nov Dec Manchester 20th 1st 22nd 15th 4th 21st 9th london 19th 2nd 21st 16th 3rd 22nd 10th Sheffield 9th 29th 17th 2nd 23rd 11th exeter 18th 8th 28th 22nd 9th 28th 16th Closing Date 13th Jan 28th Feb 17th apr 13th June 31st July 19th Sept 7th nov heaD office LOnDon office Tel: 0207 963 0628 80–86 new london Road, chelmsford exeteR Office tel: 01395 275691 essex cM2 0PD SHEFFIELD Office tel: 0114 254 1185 tel: 0870 240 1140 email: [email protected] MancheSteR Office tel: 0161 956 8999 Venues SheffielD auction lonDon auction DoubletRee by hilton LE MeRiDIEN PICCADILLY Sheffield Park, chesterfield Road South, Sheffield S8 8bW Piccadilly, london W1J 0BH MancheSteR auction exeteR auction MancheSteR uniteD Football club LTD SanDy PaRk conFeRence centRe Sir Matt busby Way, old trafford, Manchester M16 0Ra Sandy Park Way, exeter EX2 7NN Managing Director’s note hello and Welcome to the countrywide Property auctions February catalogue. i hope that your festive period was suitably merry; and that auction coordinators. they’ve been successfully auctioning like us here at countrywide, you’re raring to go for the new property in South yorkshire for the last six years and i’m year. delighted to say that i’ll be able to introduce them to you formally in March, when the april catalogue is published. For the first time in six years, there does appear to be a genuine optimism in the market; and it’s not just london Finally, after over 10 years of sterling service, we’ve put the and the South east for a change! there seems a strong old countrywide Property auctions website out to pasture. possibility that 2014 might just be the year when we start to in its place we have our lovely new, shiny 2014 website; anDReW bRoWn see a significant upturn in auction property prices. which can be found at www.countrywidepropertyauctions. Managing Director co.uk we’re all very pleased that we can now offer you a So, if you bought property at auction in the last year; kudos! much more pleasant and accessible online experience; if this is your first foray into the investor market, you might and this is the culmination of a lot of hard work from our just have picked the best time in the last decade to start! backroom staff to get this up and running. i hope you’ll Since our December catalogue was published, we’ve had enjoy the experience and we’d welcome any feedback that another new starter in the form of chris elliot. chris joins us you might have on the new site. as auction Surveyor covering east anglia, cambridgeshire, good luck and i look forward to seeing you from the rostrum north essex and part of bedfordshire. Despite his youthful very soon. appearance, chris has a good deal of property experience on the asset disposal side, as well as being something of a rural practice expert! our brand new Sheffield auction team will be at your service for the april sale series; they’re an established team of four andrew brown staff, comprising an auctioneer, auction Surveyor and two Managing Director the team MaRk TANTON anDReW JaRROLD Director & Principal associate Director & head auctioneer of exeter auction SaleeM aziz JaMeS o’HEARNE WENDy ALEXANDeR Senior auction Surveyor Senior auction Surveyor auction Surveyor CHRiS ELLIOTT RICHARD JONES AUDRey SMith auction Surveyor auction Surveyor auction Surveyor 3 general important notes general important notes Legal Packs a legal Pack will be prepared for each property by the Sellers’ Solicitors’ Details bring with you the name, address and telephone number solicitors. it will generally consist of the Memorandum of Sale, Special of the solicitors who will be acting for you to see you through from exchange conditions of Sale, the local Search (if and when available), the land Registry of contracts to completion. Search, the epitome of title and a copy of any lease affecting the property. Deposit When you buy a property, you will be asked to come to the settling the pack is available online or may be inspected during normal office hours desk to sign the Memorandum of Sale in duplicate. at that time you will at the auctioneers’ offices from the date it is received by them. it may also be asked to provide a deposit. this will be 10% of the purchase price or a be inspected in the auction room on the day of the auction. all lots are sold minimum of £2,000 (i.e. properties sold for less than £20,000 will have a subject to all matters referred to in the legal pack and purchasers are deemed minimum deposit of £2,000). Some variations to these figures may occur to to buy with full knowledge of all the legal pack documents whether or not they accord with individual vendor’s requirements. check with the auctioneers have read them. it is important that either you or your solicitor inspects this before you come to the auction as to the deposit required regarding the pack prior to auction. the auctioneers will not have inspected any of the legal property of your choice. Deposits can only be paid by a bankers Draft, documents and cannot give any advice or opinion thereon. to download legal building Society cheque, company cheque or Personal cheque. cash will not packs for free please visit our website, www.countrywidepropertyauctions. be accepted. co.uk. if you have downloaded the legal pack, it is your responsibility to check back regularly online and to check the legal pack in the auction room on the Administration Charge in addition to the deposit payable upon exchange auction day as documents can be added to or amended at any time by the of contracts, buyers will be required to pay an administration charge of £800 sellers solicitors. alternatively a photocopy of the pack is available from the (inclusive of VAT) paid by cheque. a full VAT receipt will be issued at the auctioneers (if received by them more than 2 days prior to the auction). the auction or the day after exchange of contracts with pre or post-auction sales. cost of this service is £25 (including VAT), or more if the pack is particularly The Contract once the Memorandum of Sale has been completed, you will large. this charge is not recoverable. to use this service telephone the be asked to sign two copies, one will be given to you, together with a copy of auctioneers on 0870 240 1140 with your credit card details. the legal pack, which you must then take to your solicitors. the second copy Plans and Photographs the plans and photographs published in the and deposit are retained for the seller’s solicitors. completion will usually take catalogue are there to aid identification of the property only. the plans are not place in 20 working days, but this date can vary depending upon the seller’s to scale. requirements. Guide Price this represents the lowest price the seller may accept for the Auction Conditions of Sale it is important that you read the common property prior to the auction, or a range within which a sale prior to auction auction conditions of Sale (or separate general condition of Sale applicable may be achieved. it is not a valuation and, as such, should not be relied upon to Scottish lots) printed towards the end of this catalogue. Some sellers’ by prospective purchasers who should obtain their own professional advice solicitors may replace these with other general conditions of Sale instead and on values. the guide Price may be amended prior to auction. you should take care which set applies to the property you are interested in by checking them in the legal Pack. Reserve Price each property will be sold subject to a reserve price. this is a confidential figure agreed between the auctioneer and the seller prior to Addendum the particulars of any property included in the auction may auction, and is a figure below which the auctioneer cannot sell the property. require amendment or alteration and this information is contained in an addendum which will be available at the auction, and which will be referred Bidding by Proxy or by Telephone if you are unable to attend the auction to by the auctioneer prior to the commencement of the auction. Purchasers for any reason you may care to make use of our special arrangements for will buy on the understanding that they are fully aware of the information bidding by proxy or by telephone. Please see the bidding form and conditions contained in the addendum. at the end of this catalogue. Post Auction Sales if a property you are interested in is not sold at auction, Pre-Auction Sales offers made on property included in this catalogue may you may talk with the staff at the auction and make an offer. this will be put be accepted by the seller before the auction. it is therefore important that to the seller for his decision and, if you are successful, you will be asked to you register your interest in any particular property. We are obliged by law to complete the Memorandum and pay the required deposit. inform the sellers of any offers made prior to the auction. Countrywide Property Auctions will keep your personal data on file and there are occasions when properties will be sold or withdrawn before may pass this information on to other organisations which are part of, auction.
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