Property with potential for sale by AUCTION Tuesday 26 February 2019 33 LOTS Commencing at 2pm prompt
at the Platinum Suite Sheffield United Football Club Bramall Lane Sheffield
0114 276 0151 www.markjenkinson.co.uk www.markjenkinson.co.uk 1 Have you a property suitable for auction?
MJS Auctions are market leaders in Sheffield and South Yorkshire. If you would like to be part of our success and have a property suitable to be sold by auction we would be very happy to hear from you. The Auction dates for 2019 can be found on the facing page – the deadline for entries is strict so please contact us a week or so beforehand to allow plenty of time for preparing your property for sale. The most suitable properties for auction include:
• Houses requiring complete or partial • Student investment property modernisation • Commercial investments • Houses with sitting tenants • Properties with structural problems • Individual houses of character • Stabling and land for grazing • Building plots or development sites • Unusual buildings for redevelopment • Ground rent portfolios
JOINT AGENCIES WELCOME If the property you are selling is currently on the market with an Agent we are always happy to act jointly. If you would like an indication as to how much the property will sell for at auction send a copy of the current Agent’s brochure with your name, address and telephone number for a quotation.
Contact Adrian Little FRICS FNAVA [email protected] | 0114 276 0151 The Venue Sheffield and South Yorkshire’s Leading Auctioneers
Platinum Suite, A61 J36 M1 NORTH A57 A57 M1 NORTH Sheffield United Football Club, OR SOUTH J33 The SECOND Property with SHEFFIELD CITY Bramall Lane, Sheffield AIRPORT
PONDS FORGE S2 4SY INTERNATIONAL Potential AUCTION of 2019 SPORTS CENTRE Ample free car parking from Cherry Street Entrance A61 Tuesday 26th February SHEAF ST MIDLAND RAILWAY STATION At 2pm prompt at The Platinum Suite, Sheffield United A57 Football Club, Bramall Lane, Sheffield
SHOREHAM ST Y’S ST MAR ROAD A625 AD 33 lots including:
H AD ECCLESALL RO CHURC • Vacant Houses for Modernisation B6388
SUPERMARKET A621 JOHN STREET
TREET
L QUEENS RO • Residential Investment Property ONDON RO SUFC
• Vacant Land and Garage Sites BRAMALL LANE LANE BRAMALL Y ST SHOREHAM S CHERR AD • Mixed Residential & Commercial Investments HOTEL AD WOODHEADRO • Residential Investment Portfolio • Empty Retail Premises • Former Offices with Residential Potential A621 AD • Sheffield City Centre Investment producing £50,000pa ALE RO
ABBEYD Platinum Suite Entrance • Vacant Former Church Site A621 A61 J29 CHESTERFIELD • Larger Restorations/Development Projects • Leasehold Public House • Residential Development Opportunities
Properties located in and around: Sheffield, Barnsley, Rotherham, Scunthorpe,Chesterfield, Doncaster & Selby
Acting on behalf of and in conjunction with: Diocese of Hallam, Barnsley MBC, Executors of Deceased Estates North Lincolnshire Council, Beauchief Homes
(Subject to conditions of sale and unless sold beforehand) Auctioneer: Adrian W Little FRICS FNAVA 2018 auction results 8 auctions 303 Lots, 254 sold for £30m, 84 %success rate Next auction: 10 April Deadline 1 March Auction dates for 2019 29 January 15 May 22 October 22 lots 16 sold for £2.4m Deadline 12 April Deadline 13 September 26 February 10 July 10 December 33 Lots Deadline 31 May Deadline 1 November 10 April 3 September Deadline 1 March Deadline 26 July
www.markjenkinson.co.uk 3 Important information for bidders
Money Laundering Regulations
We have in place procedures and controls which are designed to Agency for the purpose of verifying your identity only. To do so, the forestall and prevent Money Laundering. If we suspect that a supplier, Credit reference Agency may check the details we supply against any customer / client, or employee is committing a Money Laundering particulars on any database (public or otherwise) to which they have offence as defined by the Proceeds of Crime Act 2002 we will in access. They may also use your details in the future to assist other accordance with our legal responsibilities disclose the suspicion to companies for verification purposes. A record of the search will be the National Criminal Intelligence Service. If you are the successful retained. purchaser, we will undertake a search with a Credit Reference
Auction Procedure – always seek legal advice before buying
bEFOre the auction Registration of Interest – If you are The Deposit – The amount of the deposit interested in a particular property, we advise required in each case will be stated in the Conditions Of Sale – All properties in this you to register your interest with us as soon Conditions of Sale and will usually be 10% catalogue are sold subject to the Conditions as possible. We can then make you aware of subject to a minimum of £1,500. Payment of Sale printed in this catalogue together any alterations and, if requested, inform you must be made at the saleroom by either with the special conditions relating to each when the legal documentation is received. cheque, bankers draft or card. Failure to do individual lot. These, together with any related The easiest way to do this is to register for the so may lead to lot being re-offered. Deposit documentation, will be available via our legal pack. payments in cash will not be accepted. All website prior to the sale. Interested parties cheques are banked immediately after the are deemed to buy in full knowledge of these Pre-Auction Offers – We anticipate that auction and you must ensure that you have whether or not they have actually inspected the lots in this catalogue will be offered, as adequate funds in your account. It should also the conditions. We recommend inspecting the advertised, on the day of the sale. There may be noted that some auction contracts also legal documents once they are available and be circumstances where the acceptance of have a provision for payment of the vendor’s avoid leaving it until auction day. The auction an offer prior to auction may be considered. fees and your attention is drawn to the packs will only be available for inspection at However, only unconditional offers will be paragraph on the following page. the sale room 12.30–1.30 pm submitted, ie those which are not subject to mortgage, survey, searches, etc. Pre-auction Buyer’s Administration Fee – Please Ordnance Survey Plans – Ordnance offers should be submitted in writing using the note there is an administration fee of £600 survey extracts crown copyright 2003. All form on our website. including VAT payable on each lot. rights reserved. Licence no. 10020449. Survey scale 1:250,000. Plotted scale 1:1250. Telephone / Proxy Bids – We advise that Completion Dates – The completion date Boundaries are shown for identification only you attend the auction in person if you are for each lot can vary, and you are advised and should not be taken as definitive. bidding for a particular lot. If however you are to check the Conditions of Sale prior to the unable to come to the sale or have someone auction. Tenure Details – It is not always possible bid on your behalf, you may choose to bid by to provide tenure details relating to each lot at proxy or by telephone. The appropriate form Keys – Keys to auction lots will not the time the catalogue is printed. Where we together with the deposit requirements will be released at any time without prior have written confirmation from the vendor’s either be printed at the end of the catalogue or arrangement. Once we have notification from solicitor we will provide details. In the absence will be available via our website the vendor’s solicitor that completion has of written confirmation the tenure details will taken place, the keys to the property will be be omitted from the catalogue but, details will Alterations – Should any of the properties made available for collection at our offices. be included in the Conditions of Sale which mentioned in this catalogue be withdrawn To avoid unnecessary delay we recommend will be available on our website and in our from sale or if any alterations arise, details will contacting us in advance to make the office for the days leading up to the auction. be included on our website on the same day. appropriate arrangements for collection. An addendum sheet will also be distributed Viewing Auction Property – Details of prior to the auction and alterations will be Unsold Lots – Enquiries for unsold lots are appropriate viewing arrangements are included referred to by the auctioneer prior to each welcome after the sale when unconditional with each lot in the catalogue. In the cases particular lot. offers will be considered. In many cases of severe weather we recommend checking properties are sold immediately after the with the office to ensure that viewings are still AT AND AFTER THE AUCTION auction is finished and if you are interested being held. Viewing times will begin and end please see the auction staff at the saleroom promptly as stated and your co-operation is Auction Procedure – If you are the appreciated. Some of the properties offered successful bidder, a member of the auction for sale by auction each month are in a poor team will approach you with a simple form. You state of repair and in some cases hazardous. will be asked to provide your name, address Interested parties are reminded to exercise and telephone number and if you are bidding caution whilst viewing. on behalf of somebody else we will need the details of that person or company. We will also Surveys – If you wish to have a survey request the name and address of the solicitor carried out on the property prior to the auction acting on your behalf. The vendor’s solicitor please refer your surveyor to us as soon as will usually be present at the sale room and possible and appropriate arrangements will be will oversee the signing of the contract either made. We cannot always accommodate last straight away or at the end of the auction minute requests. should you wish to bid on another property.
4 www.markjenkinson.co.uk Legal documents and additional fees Why it is important to look at the online legal pack
All properties in this catalogue will be offered subject to the General and Special Conditions of sale prepared by the seller’s legal representative. You are strongly advised to inspect the online legal pack via our website and where necessary, take independent advice. In registering for the legal pack you will also indicate your interest in that particular lot and we will be able to communicate in the event of any changes.
Additional fees to be Guide prices paid by the buyer and Reserves This catalogue is usually printed ahead of the legal pack Guide price definition and we are unable to confirm any additional fees outlined An indication as to the seller’s current minimum in the Special Conditions of sale at the time of going to acceptable price at auction. The guide price or range of print. guide prices is given to assist consumers in deciding We strongly advise checking for – whether or not to pursue a purchase. It is usual, but not Auctioneer’s administration fee – The amount of £600 always the case that a provisional reserve range is agreed including VAT is payable in all instances, whether buying between the seller and the auctioneer at the start of before, at or after the auction marketing.
Local Authority fees – it is common practice for Council As the reserve is not fixed at this stage and can be clients to make an additional % charge to cover their legal, adjusted by the seller at any time up to the day of the surveyors and selling fees. Amounts do vary. auction in light of interest shown during the marketing period, a guide price is issued. This guide price can be Search Fees – some solicitors will reclaim the cost of shown in the form of a minimum or maximum price range carrying out searches from the buyer within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the vAT – Some commercial properties will be subject to minimum acceptable price (reserve) would fall. Value Added Tax at 20% A guide price is different to a reserve price (see separate Stamp Duty – This will vary, not only with the amount definition) Both the guide price and the reserve price can paid for the property but with the circumstances of the be subject to change up to and including the day of the buyer and the property’s intended use. auction. rent arrears – in the case of investment properties, the buyer may be responsible for the payment of any outstanding rent. reserve Price Definition The seller’s minimum acceptable price at auction and the Contributions to the seller’s legal and/or auctioneer’s figure below which the auctioneer cannot sell. The reserve costs. price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve can and may be subject to change up to and including the day of the auction.
Catalogue Production: www.thearkdesign.co.uk
www.markjenkinson.co.uk 5 LOT 9 January auction results SOLD £280,000 16 of 22 lots sold for £2.4million
1 13 Denman Street, Rotherham £35000
2 3 Falconer Lane, Sheffield £93500
3 80 Townhead Street, Sheffield £75000
4 47a Watson Road, Worksop £40000
5 17 Upperthorpe Road, Sheffield £110000 LOT 12 6 Garages to rear of 30-48 Stanage Rise, Sheffield £52000 SOLD £119,000 7 Carpark at Porterbrook 2, Sheffield Available
8 738a Chesterfield Road, Sheffield £52000
9 21 Greystones Grange Road, Sheffield £280000
10 2 Cranworth House, Rotherham Available
11 21 Vivian Road, Sheffield Available
12 25 Green Spring Avenue, Barnsley £119000
12a 28 West Street, Sheffield Available LOT 16 13 7b Park Street, Barnsley £85000 SOLD £126,000 14 Arcadia House, 3 New Street, Barnsley Available
15 28 Sudbury Street, Sheffield withdrawn unsold
16 29 Sheffield Road, Chesterfield £126000
17 Premises & Land at the Telmere Lodge, Mansfield Road, Chesterfield Sold prior
18 St Michaels Social Club, Sheffield £130000
19 14-18 Upperthorpe Road, Sheffield £200000 LOT 18 20 Flats at 76 Ranmoor Road, Sheffield £565000 SOLD £130,000 21 Former BT Building, Long Hill, Derbyshire Withdrawn prior
22 Land & Church Building, High Road, Doncaster £204000
LOT 20 SOLD £565,000
LOT 22 SOLD £204,000
Enquiries are welcome for the unsold lots – contact: Adrian Little ([email protected])
6 www.markjenkinson.co.uk Order of sale 33 Lots Commencing at 2pm prompt 1 178 Holme Lane HILLSBOROUGH SHEFFIELD VACANT HOUSE 2 182 Holme Lane HILLSBOROUGH SHEFFIELD VACANT HOUSE 3 58 Wynyard Road HILLSBOROUGH SHEFFIELD VACANT HOUSE 4 69 Leppings Lane HILLSBOROUGH SHEFFIELD VACANT SHOP & FLAT 5 48 Kenworthy Road STOCKSBRIDGE SHEFFIELD VACANT HOUSE 6 171 Whitham Road BROOMHILL SHEFFIELD RESIDENTIAL INVESTMENT 7 226 Shirehall Road SHIREGREEN SHEFFIELD VACANT HOUSE 8 Land between 64 & 78 Station Road WOMBWELL BARNSLEY VACANT SITE 9 Former Garage Site at Heysham Green MONK BRETTON BARNSLEY VACANT LAND 10 17-19 Frances Street DN15 SCUNTHORPE VACANT OFFICES 11 272 South Road WALKLEY SHEFFIELD COMMERCIAL/RESIDENTIAL INVESTEMENT 12 47 Selborne Street EASTWOOD ROTHERHAM VACANT HOUSE 13 5 Villiers Drive S2 SHEFFIELD VACANT HOUSE 14 Premises & adjoining Leasehold BURNGREAVE SHEFFIELD LEASEHOLD INVESTMENT Reversions, 83-89 Sorby Street 15 166, 166a & 166b Sharrow Lane SHARROW SHEFFIELD COMMERCIAL INVESTMENT 16 55 Raisen hall Road S5 SHEFFIELD VACANT HOUSE 17 Investment Portfolio MALTBY ROTHERHAM 18 Former Garage Site at Ringway BOLTON UPON DEARNE ROTHERHAM FORMER GARAGE SITE 19 58-60 Gowthorpe SELBY NORTH YORKSHIRE COMMERCIAL INVESTMENT 20 51 Bainbridge Road BOLSOVER CHESTERFIELD VACANT HOUSE 21 114 Bolsover Road FIRTH PARK SHEFFIELD VACANT RESIDENTIAL 22 Land adjacent to 116 Fish Dam Lane MONK BRETTON BARNSLEY VACANT SITE 23 Former Garage Site adjoining ATHERSLEY NORTH BARNSLEY GARAGE SITE 2 Laithes Crescent 24 41 Laughton Road DINNINGTON SHEFFIELD VACANT SHOP & FLAT 25 2 Mansfield Road S60 ROTHERHAM VACANT COMMERCIAL 26 2 Allt Street PARKGATE ROTHERHAM RESIDENTIAL INVESTMENT 27 Unit 69 200 Norfolk Road S2 SHEFFIELD RESIDENTIAL INVESTMENT 28 St Patricks Church, Grosvenor Road BIRCOTES DONCASTER RESIDENTIAL DEVELOPMENT OPPORTUNITY 29 Ashton Lodge S41 CHESTERFIELD DEVELOPMENT OPPORTUNITY 30 Spout House, Spout Lane STANNINGTON SHEFFIELD RESTORATION OPPORTUNITY 31 32, 34, & 36 Chapel Walk S1 SHEFFIELD COMMERCIAL INVESTMENT 32 Land adjacent to 240 Springvale Road COMMONSIDE SHEFFIELD RESIDENTIAL DEVELOPMENT OPPORTUNITY 33 Former Frechville Hotel S12 SHEFFIELD LEASEHOLD PUBLIC HOUSE Next auction 10 April Deadline 1 March
Contact [email protected]
www.markjenkinson.co.uk 7 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT 178 Holme Lane, Hillsborough, Sheffield, South Yorkshire S6 4JZ 1 GUIDE PRICE £40,000–£50,000* | VACANT HOUSE
• Stone fronted three bed end terrace • In need of complete renovation • Popular & convenient location • Walking distance of Hillsborough shops & Supertram • Of interest to builders & developers
Ground Floor Second Floor Sitting Room 3.88m x 3.92m Large Attic Bedroom 5.76m x 3.98m Dining Kitchen 3.92m x 3.63m with rear facing Velux window Cellar Head EPC Rating Basement A full copy of the EPC will be Cellar available to view via our website
First Floor VIEWING Tuesdays 5th, 12th, Landing 19th February at 9.30am prompt, Bedroom one 3.98m x 3.68m with Thursdays 7th, 14th, 21st February under stairs cupboard at 9.30am prompt & Monday 25th Bathroom/WC 2.65m x 1.45m February at 9.30am prompt Rear Bedroom 2 2.79m x 2.37m SOLICITORS MKB Solicitors LLP 1-11 Huddersfield Road Barnsley S70 2LP LOT 182 Holme Lane, Hillsborough, Sheffield, South Yorkshire S6 4JZ 2 GUIDE PRICE £40,000–£50,000* | VACANT HOUSE
• Three bedroom terrace property • In need of complete modernisation • Level position • Close to Supertram network • Walking distance of Hillsborough shops • Of interest to builders & investors
Ground Floor Second Floor Sitting Room 2.90m x 3.84m Attic Bedroom 3.91m x 6.28m with Inner Lobby Velux window Dining Kitchen 2.91m x 3.62m with built in cupboards Outside Cellar Head Rear Yard
Basement EPC Rating Cellar A full copy of the EPC will be available to view via our website First Floor Landing VIEWING Tuesdays 5th, 12th, SOLICITORS MKB Solicitors LLP Front Bedroom one 3.92m x 3.64m 19th February at 9.30am prompt, 1-11 Huddersfield Road Barnsley Bathroom 2.63m x 1.46m Thursdays 7th, 14th, 21st February S70 2LP Rear Bedroom 2 2.83m x 2.34m at 9.30am prompt & Monday 25th February at 9.30am prompt LOT 58 Wynyard Road, Hillsborough, Sheffield, South Yorkshire S6 4GE 3 GUIDE PRICE £110,000–£120,000* | VACANT HOUSE
• Extended stone fronted inner terrace EPC Rating E • Sought after location close to Hillsborough Park A full copy of the • Two reception rooms & extended kitchen EPC will be available • Two first floor bedrooms with modern bathroom & large attic to view via our • Requires improvement including cracking to be addressed website • Gas central heating & uPVC double glazing • Of interest to builders and investors VIEWING Tuesdays 5th, 12th, 19th Ground Floor Bathroom/WC 3.20m x 1.71m with February at 10.15am Sitting Room 3.66m x 3.96m white suite & shower prompt, Thursdays Inner Lobby Rear Bedroom 2 3.14m x 2.13m 7th, 14th, 21st Dining Room 3.94m x 3.95m February at 10.15am Cellar Head Second Floor prompt & Monday Extended Kitchen 5.44m x 1.83m Attic Bedroom 4.71m x 3.95m with 25th February at Velux window 10.15am prompt Basement Cellar Outside SOLICITORS Taylor Forecourt & Emmet LLP 20 Arundel Gate First Floor Rear Access & decked area Sheffield S1 2PP Bedroom one 3.93m x 3.66m with Closet
8 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
LOT 69 Leppings Lane, Hillsborough, Sheffield, South Yorkshire S6 1SS 4 GUIDE PRICE £90,000–£100,000* | VACANT SHOP & FLAT
• High profile corner property • Comprises ground floor former sales shop with residential above, garage & store off Bickerton Road • Accommodation over three levels • Gas central heating • Potential for existing use or conversion to residential
Ground Floor Planning Side Entrance Hallway Interested parties are advised to Front Room 5.44m x 4.89m make their own enquiries in respect Rear Room 2.89m x 4.07m of all possible uses for the building Rear Room 2.28m x 1.70m EPC Rating Basement A full copy of the EPC will be Cellar available to view via our website
First Floor VIEWING Tuesdays 5th, 12th, Front Room 4.34m x 4.96m 19th February at 10.45am prompt, Rear Room 2.64m x 3.16m Thursdays 7th, 14th, 21st February Kitchenette 1.78m x 1.66m at 10.45am prompt & Monday 25th Inner Landing February at 10.45am prompt Shower Room/WC 2.38m x 1.68 with modern white suite SOLICITORS Taylor & Emmet LLP 20 Arundel Gate Sheffield S1 2PP Second Floor Attic Bedroom 3.54m x 3.61m
Outside The property occupies a good size corner plot with rear yard and brick built WC. A further store and garage off Bickerton Road with first floor storage
LOT 48 Kenworthy Road, Stocksbridge, Sheffield, South Yorkshire S36 1BZ 5 GUIDE PRICE £75,000* | VACANT HOUSE
• Double fronted inner terrace • In need of modernisation • Good size plot with garden & car parking space • Open aspect to the rear • uPVC windows & gas central heating • Potential for owner occupation or investment
Ground Floor Outside Entrance porch Front garden area with car parking Sitting room 5.40m x 3.28m with space and a good size garden area French Doors to the rear with brick built store Dining room 3.38m x 2.60m Kitchen 3.44m x 2.60m EPC Rating Utility/Pantry 1.69m x .80m A full copy of the EPC will be available to view via our website First Floor Landing VIEWING Tuesdays 5th, 12th, Front bedroom one 3.40m x 3.41m 19th February at 11.45am prompt, with closet Thursdays 7th, 14th, 21st February Front bedroom two 3.26m x 2.86m at 11.45am prompt & Monday 25th with built-in cupboard February at 11.45am prompt Rear bedroom three 2.34m x 2.40m with built-in wardrobe SOLICITORS Taylor & Emmet LLP Bathroom/WC 2.63m x 1.88m 20 Arundel Gate Sheffield S1 2PP incorporating corner bath, airing cupboard & separate shower cubicle On instructions from The Diocese of Hallam
www.markjenkinson.co.uk 9 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT 171 Whitham Road, Broomhill, Sheffield, South Yorkshire S10 2SN 6 GUIDE PRICE £250,000* | RESIDENTIAL INVESTMENT
• Stone fronted inner terrace • Prime location close to the centre of Broomhill • Comprises four en-suite letting rooms • Current gross income £17,880pa with room for improvement • uPVC double glazing & gas central heating • First time to the market since 1936
Ground Floor Outside Reception Hall Raised forecourt Front Bedroom one 3.66m x 3.42m Rear yard area with Ensuite Shower Room/WC Sitting Room 4.53m x 3.63m Tenancy Kitchen 1.67m x 2.41m All 4 rooms are let to post graduates by way of Assured Basement Shorthold Tenancies due to expire Two Cellars in September 2019. The rents are as follows: First Floor Landing Ground Floor Bedroom one Front Bedroom two 4.50m x 3.64m £335pcm with Ensuite Shower Room Rear Bedroom three 2.82m x 4.51m First Floor Front Bedroom two with Bathroom/WC 2.44m x 1.66m £375pcm EPC Rating D A full copy of the EPC will be Second Floor First Floor Rear Bedroom three available to view via our website Landing/Study Area £385pcm Kitchenette VIEWING Strictly by appointment Shower Room/WC Second Floor Bedroom four with the auctioneers 0114 2760151 Living Area 3.46m x 2.01m £395pcm Bedroom 2.03m x 2.47m with Velux SOLICITORS Metcalfes David window Total gross income £17,880pa Eyre Solicitors, 55 Vicar Lane, The landlord is responsible for Chesterfield S40 1PY payment of gas, electricity & water rates which amount to approximately £2,000pa
LOT 226 Shirehall Road, Shiregreen, Sheffield, South Yorkshire S5 0GQ 7 GUIDE PRICE £50,000+* | VACANT HOUSE
• Two bedroom semi-detached in need of modernisation • Good size plot with driveway & gardens • Two reception rooms, kitchen & ground floor shower room • Two bedrooms & bathroom to first floor • uPVC windows & gas central heating • Potential for owner occupation or letting
Ground Floor Outside Entrance Porch The property occupies a good size Reception Hall plot with front enclosed garden area Sitting Room 4.70m x 3.13m & driveway with a large level garden Dining Room 2.90m x 2.96m with to the rear with space for garage. patio doors Ground Floor Shower Room with EPC Rating WC 1.45m x 1.33m A full copy of the EPC will be Kitchen 3.65m x 2.49m overall available to view via our website Under Stairs Pantry VIEWING Tuesdays 5th, 12th, First Floor 19th February at 1.45pm prompt, Landing Thursdays 7th, 14th & 21st February Bedroom one 4.64m x 3.15m at 1.45pm prompt & Monday 25th Bedroom two 2.57m x 2.14m February at 1.45pm prompt Bathroom/WC 1.61m x 1.38m SOLICITORS Lupton Fawcett LLP Belgrave House 47 Bank Street Sheffield S1 2DR
10 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
LOT Land Between 64 & 78 Station Road, Wombwell, Barnsley, South Yorkshire S73 0BL 8 GUIDE PRICE £35,000* | VACANT SITE
• Vacant level site of approximately 374 sm • Located on the fringe of Wombwell • Previously occupied by five terraced houses • Potential for development (STP)
Location Note The land is situated at just over 5 Prospective Purchasers should note miles to the south east of Barnsley that the Conditions of Sale for this town centre and is situated between lot include a requirement that the 78 & 64 Station Road, just before Purchaser pays Barnsley Council’s the junction with Valley Road legal costs and a 5% premium or £500 minimum payment in addition Site to the price bid The land is identified in the adjoining plan and amounts to approximately VIEWING On site at any reasonable 374sqm time
Planning SOLICITORS Bury & Walkers LLP The site is Urban Fabric in the Local Britannic House Regent Street Plan and therefore may be suitable Barnsley S70 2EQ for a small residential development subject to the relevant consents. On instruction from Barnsley As part of any planning application a Metropolitan Borough Council Tree Survey and Ecology Survey will be required due to the existing trees and vegetation on site. Interested parties are advised to make their own planning and highways enquiries in respect of possible schemes.
LOT Former Garage Site at Heysham Green, Monk Bretton, Barnsley, South Yorkshire S71 2RR 9 GUIDE PRICE £60,000* | VACANT LAND
• Freehold level site of approximately 0.55 acre • Adjoins residential property • Potential for residential use STP)
Location Note The site is situated approximately Prospective Purchasers should note 2.7 miles to the north east of that the Conditions of Sale for this Barnsley town centre and lies to the lot include a requirement that the rear of 5 to 13 Heysham Green Purchaser pays Barnsley Council’s legal costs and a 5% premium or Site £500 minimum payment in addition The land is identified on the to the price bid adjoining plan and amounts to approximately 0.223 of hectare VIEWING On site at any reasonable (0.55 of an acre) time
Planning SOLICITORS Bury & Walkers LLP The site is Urban Fabric in the Britannic House Regent Street Local Plan and therefore may be Barnsley S70 2EQ suitable for a small scale residential development subject to the relevant On instruction from Barnsley consents. The site is located behind Metropolitan Borough Council bungalows therefore the planning authority have advised that any development would be restricted to single storey dwellings only. An Ecology Report should be provided in association with any proposal to develop the site. Interested parties are advised to make their own planning and highways enquiries in respect of possible schemes.
www.markjenkinson.co.uk 11 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT 17-19 Frances Street, Scunthorpe, Lincolnshire DN15 6NS 10 GUIDE PRICE £60,000* | VACANT OFFICES
• Two inter-linked terraced properties • Originally houses but more recently used as offices • Large car parking area to rear • Gross internal floor area approx 195 sqm (2098ft) over 2 levels • Potential for existing use • Alternative conversion back to two terraced houses • Level position within walking distance of town centre facilities
Accommodation Note Floor plans and accommodation Prospective purchasers should note schedules are available to view that the Conditions of Sale for this via the website.The current layout lot include a requirement that the comprises office/meeting rooms purchaser pays North Lincolnshire together with ancillary WC, kitchen Council’s legal and auction costs in and storage over two levels addition to the price bid
Outside EPC Rating The properties occupy a site of A full copy of the EPC will be approximately 262 sqm with available to view via our website vehicular access and parking for several cars to the rear as identified VIEWING Strictly by appointment on the adjoining plan. with the auctioneers 01142760151
Planning SOLICITORS North Lincolnshire The properties were originally built Council Civic Centre Ashby Road as separate dwellings and potential Scunthorpe DN16 1AB is offered for ongoing use as office accommodation or reverting back On instructions from North to the original layout. Interstested Lincolnshire Council parties are advised to make thier own enquiries regarding possible schemes.
Rating assessment Both properties are listed as ‘’Offices and premises’’ in the April 2017 rating list with rateable values as follows- 17 – RV £3,850 19 – RV £4,150
12 www.markjenkinson.co.uk TUESDAY 26 FEBRUARY 2019 COMMENCING 2PM PrOMPT
LOT 272 South Road, Walkely, Sheffield S6 3TB 11 GuIDE PrICE £115,000–£125,000* | COMMERCIAL/RESIDENTIAL INVESTMENT
• Inner terrace property • Comprises ground floor sales shop with flat above • Long established shop tenants – £7,000 pa until March 2020 • Well modernised flat let at £505pcm • Overall income £13.060 pa • high profile, main road position • Far reaching views to the rear
Ground Floor Sales Shop Second Floor Frontage 3.92m, depth 9.13m, area Bedroom 4.63m x 4.37m with Velux 35.78 sqm window Kitchen 4.28 sqm Total ground floor approximately 40 Tenancy sqm (430 sq ft) The ground floor tenants have been in occupation for approximately 30 basement years with the current 5 year lease Full length cellar due to expire in March 2020. The annual rent to pay is £7,000 on an Outside internal repairing basis. Passageway accessing the flat with The first floor flat is let by way of an rear garden & rear garden area Assured Shorthold Tenancy at £505 pcm. business rates The property is listed as ‘’shop and EPC rating premises’’ in the current rating list A full copy of the EPC will be and has a Rateable Value of £3,900 available to view via our website
272a – First Floor Flat vIEWING Strictly by appointment Sitting Room 4.36m x 4.08m with the auctioneers 01142760151 Closet Inner Landing with cloaks cupboard SOLICITOrS Norrie Waite & Slater Kitchen 3.03m x 2.39m overall 9-12 East Parade Sheffi eld S1 2ET
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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 other debt secured on it.
www.markjenkinson.co.uk 13 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT 47 Selborne Street, Eastwood, Rotherham, South Yorkshire S65 1RP 12 GUIDE PRICE £25,000+* | VACANT HOUSE
• Two bedroom inner terrace • Level position within easy reach of the town centre • Gas central heating and uPVC double glazing • Requires some upgrading • Lawned rear garden area • Potential for own occupation or investment
Ground Floor EPC Rating Living Room – 3.63m x 3.28m A full copy of the EPC will be Kitchen – 3.63m x 4.78m available to view via our website
First Floor VIEWING Tuesdays 5th, 12th, 19th Bedroom one – 3.32m x 4.13m February at 10am prompt Bedroom two – 2.15m x 3.70m Thursdays 7th, 14th, 21st February Bathroom – 1.77m x 2.76m at 10am prompt comprising wet room shower, WC and sink SOLICITORS Gordon Dadds, 6 Algar Street, London, WC2N 4HN Outside Rear lawned garden
LOT 5 Villiers Drive, Sheffield, South Yorkshire S2 2AW 13 GUIDE PRICE £55,000+* | VACANT HOUSE
• Modernised two bedroom semi detached house • Large level plot with gated car parking space • Cul-de-sac setting • uPVC windows & gas central heating • Ready for immediate occupation/letting
Ground Floor Outside Entrance Hall The property occupies a larger than Under Stairs Store average plot with lawn area to the Living Room 4.72m x 3.19m front & gated car parking space. To Kitchen 3.17m x 2.59m with a range the rear is a large patio with level of modern units lawn garden beyond. Rear Entrance Hall Store with central heating boiler EPC Rating D Downstairs WC A full copy of the EPC will be available to view via our website First Floor Landing VIEWING Tuesdays 5th, 12th, Bedroom one 4.70m x 3.18m 19th February at 3.15pm prompt, Bedroom two 2.58m x 2.19m Thursdays 7th, 14th, 21st February Bathroom with white suite & at 3.15pm prompt & Monday 25th shower February at 3.15pm prompt
SOLICITORS Holmes & Hills LLP Bocking End Braintree CM7 9AJ
14 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
LOT Premises and adjoining Leasehold Reversions, 83-89 Sorby Street, Burngreave, Sheffield, 14 South Yorkshire S4 7LA GUIDE PRICE £50,000* | LEASEHOLD INVESTMENT
• Leasehold site at approximately 0.24ha (0.60 acres) • Includes two storey workshop (83-89 Sorby Street) let at £5,400pa • Leasehold ground rents to adjoining premises • Total rents receivable £16,949.25pa • Whole site is leasehold for 99 years from March 1964 at £12,000+VAT pa • Profit rent £2,549.25pa
Location 28th September 2020 at £5,400pa & The site is situated approximately paid quarterly 1.5 miles to the north of Sheffield 69 & 71 Sorby Street – let for 99 city centre and lies between years (less last 3 days) from 25th Earsham Street & Sorby Street at March 1964 at £3,988pa the junction of Kirk Street 91 Sorby Street – let for 99 years (less last 3 days) from 25th March Site 1964 at £2,903.25pa The land is identified in the adjoining 40 Earsham Street – let for 99 plan and amounts in total to years (less last 3 days) from 25th approximately 0.24ha (0.60 acres) March 1964 at £1,620pa 83-89 Sorby Street (shown in red 42 Earsham Street – let for 99 on the plan) A two storey brick years (less last 3 days)from 25th built workshop with a net internal March 1964 at £3,018pa floor area of approximately 320sqm Electricity Sub Station – let for 97 (3452sqft) including offices, years (less last 3 days) from 25th workshops, WC’s & garage with March 1966 at £20pa front access Total rents receivable £16,949.20 The property is listed as ‘’factory Total rent payable (including VAT) and premises’’ in the current rating £14,400 list and has a Rateable Value of Profit rent £2549.25 £10,750 EPC Rating F Tenure The entire site is leasehold and held VIEWING External inspection only under a 99 year lease from 25th March 1964 at £12,000 +VAT pa SOLICITORS Bell & Buxton Sub-Leases (Shown in blue on the Telegraph House High Street S1 plan) 2GA 83-89 Sorby Street – this is let from 29th September 2017 until
www.markjenkinson.co.uk 15 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT 166, 166A & 166B Sharrow Lane, Sharrow, Sheffield, South Yorkshire S11 8AR 15 GUIDE PRICE £145,000+* | COMMERCIAL & RESIDENTIAL INVESTMENT
• Substantial mixed investment producing £15,436pa • Comprises ground floor sales with apartment above and rear studio apartment • New 6 year lease to ground floor at £400 pa • First floor let at £425pcm and Studio at £399pcm • Advertising Hoarding let at £187pcm • Popular location within easy reach of the city centre and Ecclesall Road shops
Accommodation EPC Rating 166 – Ground Floor Sales Shop A full copy of the EPCs will be – Trading as a Beauticians and available to view via our website comprising approximately 42 sqm (452 sqft) of accommodation let VIEWING By appointment with by way of a new 6 year lease at Jake Bond £400pcm [email protected] Rateable Value £2,100 07715214572
166 A – First and second floor SOLICITORS Freeths LLP 2nd Floor apartment with gas central heating Leopold Wing Balm Green, Sheffield comprising Lounge, Kitchen, S1 2JA Shower Room/WC and Bedroom let at £425 pcm
166 B – Rear coach house conversion with gas central heating and accommodation on two levels, comprising Living kitchen, W/C Bedroom with shower room, let at £399 pcm
Advertising Hoarding Let at £187 per quarter
LOT 55 Raisen Hall Road, Sheffield, South Yorkshire S5 7NB 16 GUIDE PRICE £38,000+* | VACANT HOUSE
• Two bedroom inner terrace • In need of complete renovation • uPVC windows & partial central heating system • Of interest to builders & investors • Popular and convenient location
Ground Floor EPC Rating D Entrance Lobby A full copy of the EPC will be Sitting Room 4.10m x 3.51m available to view via our website Dining Kitchen 4.49m x 2.42m Under Stairs Store VIEWING Tuesdays 5th, 12th, 19th February at 1pm prompt, Thursdays First Floor 7th, 14th, 21st February at 1pm Landing prompt & Monday 25th February at Bedroom one 3.60m x 3.80m with 1pm prompt wardrobe & airing cupboard Rear Bedroom two 2.66m x 2.79m SOLICITORS Lupton Fawcett LLP Bathroom/WC Belgrave House 47 Bank Street Sheffield S1 2DR Outside Forecourt garden, long rear overgrown garden area
16 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
LOT Investment Portfolio, Maltby, Rotherham, South Yorkshire S66 7PL 17 GUIDE PRICE £230,000–£240,000* | RESIDENTIAL INVESTMENTS
• Four modernised terraced houses EPC Rating • Established Shorthold Tenancies Full copies of the EPC will be available to view via our website • Producing £1,770 pcm–£21,240pa • Represents a yield of approximately 9% VIEWING Strictly by appointment with the auctioneers 01142760151 • Gas central heating, Upvc windows and some external insulated walls SOLICITORS Arthur Jackson & Co Ash Mount 1 Doncaster Gate Rotherham • Established residential location close to Maltby centre S65 1DQ
Property 1 – 16 Nelson Bathroom/WC 2.85m x 1.68 with Property 2 – 18 Beresford Bathroom/WC 1.73m x 1.82m with Road, Maltby, S66 7PL modern white suite Road, Maltby, S66 7PF modern white suite A well modernised three bedroom A three bedroom end terrace with end of terrace with gas central First Floor gas central heating, Upvc windows First Floor heating and Upvc windows let at Landing and Insulated side/ rear walls, let at Landing £435 pcm Front Bedroom 1 3.96m x 3.08 £450pcm Front Bedroom 1 2.93m x 2.98m Bedroom 2 3.60m x 2.92m Rear Bedroom 2 2.99m x 3.58m Ground Floor Rear Bedroom 3 2.75m x 2.03m Ground Floor Rear Bedroom 3 3 2.72m x 2.41m Entrance Porch Entrance Porch Open Plan Sitting Room 6.85m x Outside Open Plan Living Room 6.68m x Outside 3.92m Forecourt 3.91m with French Doors to the rear Forecourt Kitchen 4.04m x 2.39m with a range Rear yard with store & access to Under Stairs Store Rear enclosed yard area of modern units & appliances rear road Kitchen 4.72m x 2.41m Inner Lobby
Property 3 – 4 Durham Dining Kitchen Property 4 – 15 Burns Road, First Floor Street, Maltby, S66 7ND Maltby, S66 7LS Landing First Floor Front Bedroom 1 2.04m x 2.03m A three bedroom mid terrace Landing A three bed mid terrace with ground Front Bedroom 2 2.99m x 2.02m with gas central heating and Upvc Front Bedroom 1 floor utility room, let at £435pcm Rear Bedroom 3 2.86m x 2.41m windows let at £450pcm Front Bedroom 2 Boiler Cupboard Rear Bedroom 3 Ground Floor Bathroom/WC 3.78m x 1.58m with Ground Floor Boiler Cupboard Entrance Hall white suite & shower Entrance Hall Bathroom/WC with white suite & Front Sitting Room 3.44m x 5.18m Front Sitting Room shower Dining Room 4.13m x 3.29m Outside Kitchen 3.05m x 1.80m Forecourt Utility Room & WC 1.79m x 1.88m Rear yard & garden areas
www.markjenkinson.co.uk 17 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT Former Garage Site At Ringway, Bolton Upon Dearne, Rotherham, South Yorkshire S63 8AR 18 GUIDE PRICE £45,000* | FORMER | GARAGE SITE
• Freehold former garage site • Approximately 0.25 hectare (0.61 of an acre) • Established residential area • Possible development potential (STP)
Location to make their own planning and The site is located approximately highways enquiries in respect of just over 9 miles to the north east of possible schemes. Rotherham and a similar distance to the east of Barnsley in the Dearne Note Valley. The site is approached by a Prospective Purchasers should note driveway running between 115 & that the Conditions of Sale for this 117 Ringway and extends to the rear lot include a requirement that the of 101 to 115. Purchaser pays Barnsley Council’s legal costs and a 5% premium or Site £500 minimum payment in addition The land is identified in the adjoining to the price bid. plan and amounts to approximately .25 hectare (0.61 of an acre) VIEWING On site at any reasonable time Planning The site is Urban Fabric in the SOLICITORS Bury & Walkers LLP Local Plan and therefore may be Britannic House Regent Street suitable for a small scale residential Barnsley S70 2EQ development subject to the relevant consents. As part of any planning On instruction from Barnsley application, a Tree Survey and Metropolitan Borough Council Ecology Survey will be required due to the existing trees and vegetation on site. The hedgerows will also need to be assessed against the Hedgerow Regulations 1997. Due to the limited width of the access interested parties should make enquiries to the highways authority. Interested parties are advised
LOT 58–60 Gowthorpe, Selby, North Yorkshire YO8 4ET 19 GUIDE PRICE £175,000* | COMMERCIAL INVESTMENT
• Two storey inner terrace shop and office investment • Currently producing £17,545 pa • Ground floor let for 15 years from 2008 to William Hill at £13,125pa • First floor office let for 3 years from 2017 at £4,420pa • Vehicular parking to the rear • High profile main road position
Accommodation Joint Auctioneers Ground floor -Retail,storage and Burgess Commercial, 3 The staff WCs – approx.96 sqm (1.034 Point, Bradmarsh Business Park, sqft) Rothrham, S60 1BP First Floor – Offices and staff WCs – approx 80 sqm (869 sqft)
Lease Details EPC Rating The ground floor is let to Mecca Full copies of the EPCs will be Bookemakers/William Hills for a available to view via our website period of 15 years from 15th March 2008 The passing rent is £13,125 VIEWING Viewing by appointment with rent reviews with the joint auctioneers 01709 The first floor office is let to a local 721706 accountant for a period of 3 years from 3rd april 2017 at a rental of SOLICITORS Wake Smith Solicitors £4,420pa Ltd No. 1 Velocity 2 Tenter Street Sheffield S1 4BY Business Rates 58-60 Gowthorpe (ground floor) Shop and premises RV £11,500 58A – Gowthorpe (first floor) Offices and premises RV £5,100
18 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
LOT 51 Bainbridge Road, Bolsover, Chesterfield, Derbyshire S44 6UD 20 GUIDE PRICE £78,000+* | VACANT HOUSE
• Three bedroom semi detached • In need of complete modernisation • Good size plot with conservatory & driveway • Open aspect to the rear • Of interest to builders & investors • Popular & expanding location
Ground Floor EPC Rating Front & Side Reception Hall A full copy of the EPC will be Kitchen 3.34m x 2.93m available to view via our website Full Length Sitting Room 6.01m x 3.02m VIEWING By appointment with Conservatory 3.24m x 2.56m Jake Bond [email protected] First Floor 07715214572 Landing Front Bedroom one 2.29m 3.58m SOLICITORS Gordon Dadds Llp 6 Rear Bedroom two 4.12m x 2.64m Agar Street London WC2N 4HN overall with open aspect to the rear Front Bedroom three 2.23m x 1.89m Bathroom/WC 2.31m x 1.66m
Outside The property occupies a good size plot with front garden & driveway. Further garden area to the rear
LOT 114 Bolsover Road, Firth Park, Sheffield, South Yorkshire S5 6US 21 GUIDE PRICE £60,000–£70,000* | VACANT RESIDENTIAL
• Exceptionally spacious end of terrace property • Comprises accommodation to the ground, first & second floors (shop not included) • Total two reception rooms, kitchen, 6 large bedrooms • Gas central heating & uPVC double glazing • Modern roof covering with Velux windows • Walking distance of the Northern General Hospital • Potential as spacious family house or suitable for letting • Single detached garage off Ellerton Road
Ground Floor Outside Sitting Room 4.26m x 4.21m with Raised forecourt Bay window Separate access off Ellerton Road to Inner Lobby a single block built garage 5.96m x Dining Room 3.62m x 4.24m 2.60m with up and over door Kitchen 3.99m x 2.07m Downstairs WC EPC Rating E A full copy of the EPC will be First Floor available to view via our website Landing Front Bedroom one 4.05m x 3.61m VIEWING Tuesdays 5th,12th,19th with closet February at 2.15pm prompt, Front Bedroom two with closet Thursdays 7th,14th,21st February Rear Bedroom three 4.12m x 2.82m at 2.15pm prompt & Monday 25th Large Bathroom/WC 2.86m x 2.92m February at 2.15pm prompt Second Floor – (staircase one) Front Attic Bedroom 4.04m x 2.85m SOLICITORS Wilford Smith with Velux window Meadowhall Business Park Carbrook Rear Attic Room 4.21m x 3.12m Hall Road Sheffield S9 2EQ with Velux window Second Floor – (staircase two) Attic Bedroom 3.32m x 5.15m with Velux window
www.markjenkinson.co.uk 19 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT Land Adjacent To 116 Fish Dam Lane, Monk Bretton, Barnsley, South Yorkshire S71 2RW 22 GUIDE PRICE £20,000* | VACANT SITE
• Vacant site of approximately 374 sqm • Established area adjoining semi detached property • Potential as a single building plot (STP)
Location Note The site is located approximately 2.7 Prospective Purchasers should note miles to the north east of Barnsley that the Conditions of Sale for this town centre and lies to the left of lot include a requirement that the 116 Fish Dam Lane Purchaser pays Barnsley Council’s legal costs and a 5% premium or Site £500 minimum payment in addition The land is identified on the to the price bid adjoining plan and amounts to approximately 374sqm VIEWING On site at any reasonable time Planning The site is Urban Fabric in the Local SOLICITORS Bury & Walkers LLP Plan and therefore may be suitable Britannic House Regent Street for a single dwelling subject to the Barnsley S70 2EQ relevant consents. Any proposal should look to retain the existing On instruction from Barnsley tree within the site, unless a tree Metropolitan Borough Council survey indicates that the tree does not warrant protection due to being defective. Any planning application should be accompanied by a tree survey/implications assessment showing how the tree and its root protection area shall be safeguarded by the development. A replacement tree would be expected if the tree needs to be removed. Interested parties are advised to make their own planning and highways enquiries in respect of possible schemes.
LOT Garage Site Adjoining 2 Laithes Crescent, Athersley North, Barnsley, South Yorkshire S71 3AE 23 GUIDE PRICE £20,000* | GARAGE SITE
• Freehold garage site of approximately 479 sqm • Prominent corner plot adjoining residential property • Five garages let at £1,668.48 • Investment opportunity with development potential (STP) • Potential for a small residential scheme
Location highways enquiries in respect of The site is situated approximately possible schemes. 2.4 miles to the north of Barnsley town centre at the corner of Laithes Note Crescent & the B6132 Laithes Lane Prospective Purchasers should note that the Conditions of Sale for this Site lot include a requirement that the The site is identified on the adjoining Purchaser pays Barnsley Council’s plan & amounts to approximately legal costs and a 5% premium or 479sqm £500 minimum payment in addition to the price bid Tenancies The five garages are currently let, EPC Rating producing an annual income of A full copy of the EPC will be £1,668.48 available to view via our website
Planning VIEWING On site at any reasonable The site is Urban Fabric in the time Local Plan and therefore may be suitable for a small scale residential SOLICITORS Bury & Walkers LLP development subject to the relevant Britannic House Regent Street consents. Access proposals should Barnsley S70 2EQ be discussed with the planning authority as part of a pre-application On instruction from Barnsley enquiry before a planning application Metropolitan Borough Council is submitted. Proposals should avoid conflicting with street trees located in the grass highway verges. Interested parties are advised to make their own planning and
20 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
LOT 41 Laughton Road, Dinnington, Sheffield, South Yorkshire S25 2PN 24 GUIDE PRICE £68,000+* | VACANT SHOP & FLAT
• Prominent corner retail unit along busy high street • Return frontage glazing • Ground floor flexible business location • Last used as food sales and preparation • Ancillary storage to rear • Shared rear yard and stores • First floor one bedroom flat • Two reception rooms, kitchen & shower room • Fully stripped ready for refurbishment
Retail Accommodation Residential Accommodation Ground floor sales 21.94 sqm First Floor Flat Former cold stores 18.86 sqm Lounge 4.29m x 4.64m Preparation area 8.08 sqm Kitchen 2.57m x 2.82m Ancillary storage 2.28 sqm Reception Room 2.85m x 1.74m Rear store 9.82 sqm Bedroom 2.90m x 1.76m Shower room 2.82m x 1.22m Outside Shared rear yard with outbuildings EPC Rating G comprising: A full copy of the EPC will be WC available to view via our website Storage shed Freezer and preparation room 23.16 VIEWING By appointment with sqm Jake Bond [email protected] Basement 07715214572 Cellar SOLICITORS Ilett & Clark 86 Bridge Street Worksop S80 1JA
LOT 2 Mansfield Road, Rotherham, South Yorkshire S60 2DR 25 GUIDE PRICE £28,000+* | VACANT COMMERCIAL
• Double fronted two storey building located close to Rotherham town centre • Previously let at £100pw • Former Tattoo studio • Approximately 37.63sqm (405sqft) over 2 levels • One of the oldest buildings in Rotherham town centre • Re-roofed & partial double glazing • Requires upgrading • Potential for owner occupation or investment
Ground Floor Rating Assessment Sales Area 22.57sqm (243sqft) The property is listed as ‘’Shop and including WC to rear Premises’’ in the 2017 rating list with a RV of £2,050 First Floor 15.06sqm (162sqft) EPC Rating Total A full copy of the EPC will be 37.63 sqm (405sqft) available to view via our website
Planning VIEWING By appointment with Interested parties are advised to Jake Bond make their own enquiries in respect [email protected] of possible uses 07715214572
SOLICITORS Foys, Church Steps, All Saints Square, Rotherham, S60 1QD
www.markjenkinson.co.uk 21 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT 2 Allt Street, Parkgate, Rotherham, South Yorkshire S62 6AS 26 GUIDE PRICE £50,000+* | RESIDENTIAL INVESTMENT
• High yielding residential investment • Comprises end terrace with four bedsits • Gross annual income £12,657 – Net approx £9,957 • Gas central heating & uPVC double glazing • Established Shorthold Tenancies • Long established conversion • Walking distance of comprehensive facilities
Ground Floor Services Side Entrance Lobby The landlord is responsible for Front Bedsit one payment of gas, electricity (approx. Side Bedsit two £1,400), Water Rates (£223) & council tax (£1,081.06) amounting to First Floor approximately £2,700 pa) Landing Bathroom/WC EPC Rating Front Bedsit three A full copy of the EPC will be Side Bedsit four available to view via our website
Tenancy VIEWING Strictly by appointment The property is let by way of 6 with the auctioneers 0114 2760151 month Assured Shorthold Tenancies as follows- SOLICITORS CBK Solicitors £61 per week Wellington House 5 Wellington Road £245 every 4 weeks Whitby YO21 1BH £250 pcm £275 pcm Total gross rental £12,657
LOT Norfolk Park Student Residence, Unit 69, 200 Norfolk Park Road, Sheffield, South 27 Yorkshire S2 2UA GUIDE PRICE £100,000–£110,000* | STUDENT INVESTMENT
• Purpose built student property • Located over three floors • Six bedrooms and shared facilities • Popular student village • Potential for sizeable annual income
Ground Floor EPC Rating D Entrance Lobby A full copy of the EPC will be Cloak Cupboard available to view via our website Living Kitchen 5.83m x 3.14m with comprehensive range of units & Service Charge & Ground rent appliances An amount of £750 per 6 months is paid in respect of maintenance and First Floor the annual ground rent is £250 Shower Room/WC 2.24m x 1.68m with white suite VIEWING By appointment with Bedroom One 3.18m x 2.28m Jake Bond Airing Cupboard [email protected] Bedroom Two 3.17m x 2.27m 07715214572 Bedroom Three 3.15m x 3.26m SOLICITORS Wake Smith Solicitors Lower Ground Floor Ltd No. 1 Shower Room/WC 2 3.31m x 1.10m Velocity Bedroom Four 3.15m x 2.25m 2 Tenter Bedroom Five 3.20m x 2.25m Street Bedroom Six 3.14m x 2.27m Sheffield S1 4BY
22 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
LOT St Patricks Church, Grosvenor Road, Bircotes, Doncaster, South Yorkshire DN11 8EX 28 GUIDE PRICE £95,000+* | RESIDENTIAL DEVELOPMENT OPPORTUNITY
• Former church site of approximately 0.33 acres • Existing buildings amount to 140sqm (1500sqft) • Permission in principle for the erection of two – four dwellings • Good level site in popular location • Excellent potential offered
Location Planning Bircotes lies to the south west of Planning permission in principle Bawtry roughly midway to Tickhill was granted by Bassetlaw District and some 11 miles to the south of Council on for the erection of 2 to Doncaster 4 dwellings. Interested parties are advised to make their own enquiries Site in respect of possible schemes The land is identified in the adjoining plan and amounts to approximately Services 0.33 of an acre with a good frontage All main services are understood to onto Grosvenor Road be on site or within close proximity
The Buildings Tenure The church hall & former social Freehold club have an internal floor area of approximately 140sqm (1500sqft) VIEWING On site at any reasonable time
SOLICITORS Taylor & Emmet LLP 20 Arundel Gate Sheffield S1 2PP
Instructions from the Diocese of Hallam
www.markjenkinson.co.uk 23 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT Ashton Lodge, 28 Abercrombie Street, Chesterfield, Derbyshire S41 7LW 29 GUIDE PRICE £350,000* | DEVELOPMENT OPPORTUNITY
• Outstanding development opportunity • Comprises stone built Grade II listed detached property • Planning consent for conversion into two dwellings • Large freehold site approximately 0.50 acres (0.20 ha) • Planning consent for further detached dwelling in the garden • Retains a wealth of character and offers excellent potential for restoration • Close proximity of Chesterfield town centre • Potential for owner occupation or development
Joint Auctioneers VIEWING Contact Tim.Heaton@ Saxton Mee, 1 Civic centre, saxtonmee.co.uk Dronfield, S18 1PD 01246 290992 SOLICITORS Enoch Evans Llp St Paul’s Chambers 6-9 Hatherton Road Walsall WS1 1XS
24 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
www.markjenkinson.co.uk 25 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT Spout House, Spout Lane, Stannington, Sheffield, South Yorkshire S6 6EF 30 GUIDE PRICE £475,000+* | RESTORATION OPPORTUNITY
26 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
• Outstanding restoration opportunity • Fire damaged Grade II listed house of historical interest • Set in a Freehold site of 0.53 of a hectare (1.30 of an acre) • Includes a range of stone outbuildings • Potential residential development subject to the required consents • Located on the fringe of Stannington adjoining open countryside • Thought to date from 1545 with additions in 1678 with a cottage built prior to 1423 • Tree & ecological reports available
Background Additional Information Available The Farm House is thought to date The following report & from 1545 with additions in 1678 correspondence are available: and a cottage built prior to 1423 as 1. Arboricultural Report & well as a large stone cow shed, all correspondence dated September of which are set in approximately 2017 0.53 of a hectare (1.30 acre). The 2. Correspondence between Town property was damaged by fire in Planning Consultants & Sheffield 2016. City Council in respect of trees 3. Ecological report dated October Tenure 2018 which includes reference to Freehold active Badger Sets
Planning VIEWING WARNING – The property The site lies within an area adopted is in a very poor state of repair as ‘’Residential’’ within the adopted and considered to be dangerous. Unitary Development Plan for Interested parties are warned not Sheffield and part of the site is to inspect the site without prior thought to be suitable for what arrangement with the auctioneers. could be an exclusive development maximising the aspect. There are SOLICITORS Edwards Duthie Tree Preservation Orders Solicitors 269-275 Cranbrook Road Interested parties are advised to Ilford IG1 4TG make their own enquiries in respect of the site.
www.markjenkinson.co.uk 27 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT 32, 34 & 36 Chapel Walk, Sheffield, South Yorkshire S1 2PD 31 GUIDE PRICE £475,000 +VAT* | COMMERCIAL INVESTMENT
• Prime city centre Freehold investment – Total income £50,000 • Located at the rear entrance of Marks & Spencer • Comprises well established Café & adjoining retail premises • 32 & 34 let to Andrews Café for 10 years from 2014 at £35,000pa • 36 let to Stitch Express for 10 years from 2014 at £15,000pa • Recent break options not exercised
Lease Details EPC Rating 32 & 34 Chapel Walk is let to A full copy of the EPC will be Andrews Café by way of a 10 year available to view via our website lease from 2014 at £35,000pa 36 Chapel Walk is let to Stitch VIEWING Strictly by appointment Express by way of a 10 year lease with the auctioneers 01142760151 from 2014 at £15,000pa SOLICITORS ABJ Solicitors 74 Rating Assessment Brent Street London NW4 2ES Both properties are listed as ‘’Shop & Premises’’ in the 2018 Rating List with a rateable value as follows: 32 Chapel Walk £30,500 36 Chapel Walk £13,500
28 www.markjenkinson.co.uk Tuesday 26 february 2019 COMMENCING 2PM PROMPT
LOT Land adjacent to 240 Springvale Road, Commonside, Sheffield, South Yorkshire S10 1LH 32 GUIDE PRICE £275,000+* | RESIDENTIAL DEVELOPMENT OPPORTUNITY
• Prominent corner site in a sought after location • Full planning consent for twelve flats with twelve basement car parking spaces • Construction commenced and pre start planning conditions satisfied • Contemporary design with three/four stories • Suitable for comprehensive facilities in Crookes, Commonside & Walkley • In reach of Sheffield University & main teaching hospitals • Excellent potential offered
Location Proposed Scheme The site is situated to the west of Plans and elevations relating to Sheffield city centre, approximately the consent are available to view 2.4 mile drive. The land occupies a via our website or in more detail prominent position at the junction of via the Sheffield City Council Springvale Road & Commonside website at: https://planningapps. sheffield.gov.uk/online-applications/ Site applicationDetails.do?activeTab=su The land is identified on the mmary&keyVal=NI9O1CNYFY000 adjoining plan and amounts to approximately 598 sqm (0.15 acre) Services All main services are understood Planning to be within close proximity of the Full planning consent was granted site though interested parties are on 19th August 2015 for the erection advised to make their own enquiries of 12 apartments, 3/4 storey block including basement parking for VIEWING On site at any reasonable 12 vehicles. REF:15/00143/FUL time (formerly PP-03911247) A copy of the consent is available for SOLICITORS Taylor & Emmet LLP inspection 20 Arundel Gate Sheffield S1 2PP
www.markjenkinson.co.uk 29 *See page 5 for information on Guide/Reserve Price definitions and any additional fees.
LOT Former Frechville Hotel, 1 Birley Moor Crescent, Sheffield, South Yorkshire S12 3AS registration Form for bidding 33 GUIDE PRICE £30,000* | LEASEHOLD FORMER PUBLIC HOUSE by Proxy or Telephone
Please tick either Proxy Telephone
PROPERTY AND BID DETAILS
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Enclosed is a cheque or bankers draft for the 10% deposit £ ...... + £600 admin fee payable to Mark Jenkinson and Son or
I will be paying the 10% deposit £ ...... + £600 admin fee by bank transfer no later than 12 noon on the day before the auction to Mark Jenkinson and Son bANK DETAILS – NATWEST: SOrT CODE 54 41 47 ACCOuNT NuMbEr: 24307181
• Substantial former public house BIDDER’S DETAILS • Prominent corner plot of approximately 0.12ha (0.30 acre) • Leasehold for 99 years from 1956 (36 years unexpired) Bidder Name(s): ...... • Extensive accommodation over three levels • Lapsed planning for residential Address: ...... • Offered at a low reserve to ensure sale ...... Postcode: ...... Ground Floor Front Bedroom 2 2.65m x 4.10m Front Entrance 7.38sqm Front Bedroom 3 3.63m x 5.27m Home Tel: ...... Main Trading Area 66.35sqm Central Bar Outside Business Tel: ...... Rear Hallway The property occupies a site of Ladies WC 10.32sqm approximately 0.12ha (0.30 acre) Mobile Tel: ...... Gents WC 8.23sqm with rear car park Kitchen 17.72sqm Email Address: ...... Pantry 2.84sqm Tenure Please tick the number you would prefer us to call you on. If we cannot contact you on your preferred number we will try you on the other numbers you have provided to us. Lounge 49.49sqm The property is Leasehold for 99 Total 162sqm (1746sqft) years from 7th February 1956 (36 years unexpired) with an annual SOLICITOR’S DETAILS Basement ground rent of £110. Front Room One 16.81sqm Firm’s Name(s): ...... Front Room Two 37.31sqm EPC Rating C Front Room Three 33.94sqm A full copy of the EPC will be Person Acting: ...... Rear Room 16.04sqm with outer available to view via our website door Address: ...... Basement Garage 14.84sqm VIEWING By appointment with Rear Store 12.79sqm Jake Bond ...... Postcode: ...... Rear Entrance Hall [email protected] Boiler Room 15.23sqm 07715214572 Tel: ...... Store 9.02sqm Total Basement 156sqm (1678sqft) SOLICITORS Alker Ball Healds 29- I hereby authorise Mark Jenkinson & Son to bid on my behalf by proxy/telephone for the property detailed above in accordance with the Terms on the 33 King Street Wigan WN1 1EG reverse of this Form. If my bid is successful I authorise Mark Jenkinson & Son to sign the Memorandum of Sale and any Addendum on my behalf. I First Floor – Residential understand that this means that I will be fully bound to purchase the property and must complete the purchase within the time specifi ed in the Conditions Accommodation of Sale. I further understand that if I fail to complete the purchase of the property, the seller of the property will have a right to make a claim against me for Landing breach of contract. Bathroom 2.97m x 2.45m Storeroom 2.46m x 1.33m Signature of bidder: ...... Date: ...... Sitting Room 5.33m x 3.79m Dining Room 4.12m x 2.57m Front Bedroom 4.10m x 3.38m For terms for bidding by proxy or telephone please see our website
30 www.markjenkinson.co.uk www.markjenkinson.co.uk Deadline for 12 nooclearedn Mo fundsnda
registration Form for bidding y by Proxy or Telephone
Please tick either Proxy Telephone
PROPERTY AND BID DETAILS
Date of Auction: ......
Lot No: ......
Property Address: ......
......
Maximum Bid* ...... (numbers): £
...... (words): £
(*the bid must be a de nitive gure)
PAYMENT DETAILS Method of Payment of deposit (please fi ll in appropriately)
Enclosed is a cheque or bankers draft for the 10% deposit £ ...... + £600 admin fee payable to Mark Jenkinson and Son or
I will be paying the 10% deposit £ ...... + £600 admin fee by bank transfer no later than 12 noon on the day before the auction to Mark Jenkinson and Son bANK DETAILS – NATWEST: SOrT CODE 54 41 47 ACCOuNT NuMbEr: 24307181
BIDDER’S DETAILS
Bidder Name(s): ......
Address: ......
...... Postcode: ......
Home Tel: ......
Business Tel: ......
Mobile Tel: ......
Email Address: ...... Please tick the number you would prefer us to call you on. If we cannot contact you on your preferred number we will try you on the other numbers you have provided to us.
SOLICITOR’S DETAILS
Firm’s Name(s): ......
Person Acting: ......
Address: ......
...... Postcode: ......
Tel: ......
I hereby authorise Mark Jenkinson & Son to bid on my behalf by proxy/telephone for the property detailed above in accordance with the Terms on the reverse of this Form. If my bid is successful I authorise Mark Jenkinson & Son to sign the Memorandum of Sale and any Addendum on my behalf. I understand that this means that I will be fully bound to purchase the property and must complete the purchase within the time specifi ed in the Conditions of Sale. I further understand that if I fail to complete the purchase of the property, the seller of the property will have a right to make a claim against me for breach of contract.
Signature of bidder: ...... Date: ......
For terms for bidding by proxy or telephone please see our website www.markjenkinson.co.ukwww.markjenkinson.co.uk 31 Common Auction Conditions For Auctions of Real Estate in England and Wales Edition 4.
Words in bold green type have special meanings, which are CONDITION TENANCY SCHEDULE defined in the Glossary. One of the AUCTION CONDUCT CONDITIONS or SALE The schedule of TENANCIES (if any) forming part of the CONDITIONS. SPECIAL CONDITIONS. The general conditions (including any extra general conditions) apply to the contract except to the extent that they CONTRACT TRANSFER are varied by special conditions or by an addendum. The CONTRACT by which the SELLER agrees to sell and the TRANSFER includes a conveyance or assignment (and “to BUYER agrees to buy the LOT. TRANSFER” includes “to convey” or “to assign”). GLOSSARY This glossary applies to the AUCTION CONDUCT CONTRACT DATE TUPE CONDITIONS and the SALE CONDITIONS. It is a The date of the AUCTION or, if the LOT is sold before or after The TRANSFER of Undertakings (Protection of Employment) compulsory section of the Common AUCTION Conditions the AUCTION: Regulations 2006. that must be included without variation (but the SPECIAL a) the date of the SALE MEMORANDUM signed by both the CONDITIONS may include defined words that differ from SELLER and BUYER; or VAT the glossary so long as they apply only to the SPECIAL b) if CONTRACTS are exchanged, the date of exchange. Value Added Tax or other tax of a similar nature. CONDITIONS). If exchange is not effected in person or by an irrevocable The laws of England and Wales apply to the CONDITIONS agreement to exchange made by telephone, fax or electronic VAT OPTION and YOU, WE, the SELLER and the BUYER all submit to the mail the date of exchange is the date on which both parts have An option to tax. jurisdiction of the Courts of England and Wales. been signed and posted or otherwise placed beyond normal Wherever it makes sense: retrieval. WE (and US and OUR) singular words can be read as plurals, and plurals as singular The AUCTIONEERS. words; DOCUMENTS • a “person” includes a corporate body; DOCUMENTS of title including, if title is registered, the entries YOU (and YOUR) • words of one gender include the other genders; on the register and the title plan and other DOCUMENTS listed Someone who has seen the CATALOGUE or who attends or • references to legislation are to that legislation as it may have or referred to in the SPECIAL CONDITIONS relating bids at or otherwise participates in the AUCTION, whether or been modified or re-enacted by the date of the AUCTION or to the LOT (apart from FINANCIAL CHARGES). not a BUYER. the CONTRACT DATE (as applicable); and • where the following words appear in small capitals they EXTRA GENERAL CONDITIONS Auction Conduct Conditions • have the specified meanings. Any CONDITIONS added or varied by the AUCTIONEERS starting at CONDITION G30. Words in bold green type have special meanings, which are ACTUAL COMPLETION DATE defined in the Glossary. The date when COMPLETION takes place or is treated as Financial Charge The AUCTION CONDUCT CONDITIONS (as supplemented taking place for the purposes of apportionment and calculating A charge to secure a loan or other financial indebtedness or varied by CONDITION A6, if applicable) are a compulsory interest. (but not including a rentcharge or local land charge). section of the Common AUCTION Conditions. They cannot be disapplied or varied without OUR agreement, even by a ADDENDUM General Conditions CONDITION purporting to replace the Common AUCTION An amendment or addition to the CONDITIONS or to the The SALE CONDITIONS headed ‘GENERAL CONDITIONS OF Conditions in their entirety. PARTICULARS or to both whether contained in a SALE’, including any EXTRA GENERAL CONDITIONS. supplement to the CATALOGUE, a written notice from the A1 Introduction AUCTIONEERS or an oral announcement at the AUCTION. INTEREST RATE A1.1 The AUCTION CONDUCT CONDITIONS apply If not specified in the SPECIAL CONDITIONS, the higher of 6% wherever the LOT is located. Agreed COMPLETION Date and 4% above the base rate from time to time of Barclays Bank A1.2 If YOU make a bid for a LOT or otherwise participate in Subject to CONDITION G9.3: plc. The INTEREST RATE will also apply to any judgment debt, the AUCTION it is on the basis that YOU accept these a) the date specified in the SPECIAL CONDITIONS; or unless the statutory rate is higher. b) if no date is specified, 20 BUSINESS DAYS after the AUCTION CONDUCT CONDITIONS. They govern OUR CONTRACT DATE; relationship with YOU. They can be varied only if WE LOT agree. but if that date is not a BUSINESS DAY the first Each separate property described in the CATALOGUE or (as subsequent BUSINESS DAY. the case may be) the property that the SELLER has agreed to A2 OUR role sell and the BUYER to buy (including chattels, if any). APPROVED FINANCIAL INSTITUTION A2.1 As agents for each SELLER we have authority to Any bank or building society that is regulated by a competent (a) prepare the CATALOGUE from information supplied Old ARREARS by or on behalf of each SELLER; UK regulatory authority or is otherwise acceptable to the ARREARS due under any of the TENANCIES that are not AUCTIONEERS. (b) offer each LOT for sale; “new TENANCIES” as defined by the Landlord and Tenant (c) sell each LOT; (Covenants) Act 1995. (d) receive and hold deposits; ARREARS (e) sign each SALE MEMORANDUM; and ARREARS of rent and other sums due under the TENANCIES PARTICULARS (f) treat a CONTRACT as repudiated if the BUYER fails and still outstanding on the ACTUAL COMPLETION DATE. The section of the CATALOGUE that contains descriptions of to sign a SALE MEMORANDUM or pay a deposit as each LOT (as varied by any ADDENDUM). required by these AUCTION CONDUCT CONDITIONS ARREARS Schedule or fails to provide identification as required by the The ARREARS schedule (if any) forming part of the SPECIAL PRACTITIONER AUCTIONEERS. CONDITIONS. An insolvency PRACTITIONER for the purposes of the A2.2 OUR decision on the conduct of the AUCTION is final. Insolvency Act 1986 (or, in relation to jurisdictions outside the A2.3 WE may cancel the AUCTION, or alter the order in AUCTION United Kingdom, a person undertaking a similar role). which LOTS are offered for sale. WE may also combine The AUCTION advertised in the CATALOGUE. or divide LOTS. A LOT may be sold or withdrawn from PRICE sale prior to the AUCTION. AUCTION CONDUCT CONDITIONS The PRICE (exclusive of VAT) that the BUYER agrees to pay A2.4 YOU acknowledge that to the extent permitted by law The conditions so headed, including any extra AUCTION for the LOT. WE owe YOU no duty of care and YOU have no claim CONDUCT CONDITIONS. Ready To Complete against US for any loss. Ready, willing and able to complete: if COMPLETION A2.5 WE may refuse to admit one or more persons to the AUCTIONEERS would enable the SELLER to discharge all FINANCIAL AUCTION without having to explain why. The AUCTIONEERS at the AUCTION. CHARGES secured on the LOT that have to be discharged by A2.6 YOU may not be allowed to bid unless YOU provide COMPLETION, then those outstanding financial such evidence of YOUR identity and other information BUSINESS DAY charges do not prevent the SELLER from being READY TO as WE reasonably require from all bidders. Any day except (a) Saturday or Sunday or (b) a bank or public COMPLETE. holiday in England and Wales. A3 bidding and reserve PRICEs SALE CONDITIONS A3.1 All bids are to be made in pounds sterling exclusive of BUYER The GENERAL CONDITIONS as varied by any SPECIAL VAT. The person who agrees to buy the LOT or, if applicable, that CONDITIONS or ADDENDUM. A3.2 WE may refuse to accept a bid. WE do not have to person’s personal representatives: if two or more are jointly the explain why. BUYER their obligations can be enforced against them jointly or SALE MEMORANDUM A3.3 If there is a dispute over bidding WE are entitled to against each of them separately. The form so headed (whether or not set out in the resolve it, and OUR decision is final. CATALOGUE) in which the terms of the CONTRACT for the A3.4 Unless stated otherwise each LOT is subject to a CATALOGUE sale of the LOT are recorded. reserve PRICE (which may be fixed just before the The catalogue for the AUCTION as it exists at the date of the LOT is offered for sale). If no bid equals or exceeds that AUCTION (or, if the catalogue is then different, the date of the SELLER reserve PRICE the LOT will be withdrawn from the CONTRACT) including any ADDENDUM and whether printed The person selling the LOT. If two or more are jointly the AUCTION. or made available electronically. SELLER their obligations can be enforced against them jointly or A3.5 Where there is a reserve PRICE the SELLER may bid (or against each of them separately. ask US or another agent to bid on the SELLER’s behalf) COMPLETION up to the reserve PRICE but may not make a bid equal Unless the SELLER and the BUYER otherwise agree, the SPECIAL CONDITIONS to or exceeding the reserve PRICE. YOU accept that it occasion when they have both complied with the obligations Those of the SALE CONDITIONS so headed that relate to the is possible that all bids up to the reserve PRICE are bids under the CONTRACT that they are obliged to comply LOT. made by or on behalf of the SELLER. with prior to COMPLETION, and the amount payable on COMPLETION has been unconditionally received in the TENANCIES A4 The PARTICULARS and other information SELLER’S conveyancer’s client account TENANCIES, leases, licences to occupy and agreements for A4.1 WE have taken reasonable care to prepare (or as otherwise required by the terms of the CONTRACT). lease and any DOCUMENTS varying or supplemental to them. PARTICULARS that correctly describe each LOT. The PARTICULARS are based on information supplied by or on behalf of the SELLER. YOU need to check that the information in the PARTICULARS is correct.
32 www.markjenkinson.co.uk A4.2 If the SPECIAL CONDITIONS do not contain a (a) matters registered or capable of registration as local of the DOCUMENTS that is made available before the description of the LOT, or simply refer to the relevant land charges; AUCTION or any other matter, except one that occurs LOT number, you take the risk that the description (b) matters registered or capable of registration by any after the CONTRACT DATE. contained in the PARTICULARS is incomplete or competent authority or under the provisions of any G4.2 The following provisions apply only to any of the inaccurate, as the PARTICULARS have not been statute; following DOCUMENTS that is not made available prepared by a conveyancer and are not intended to form (c) notices, orders, demands, proposals and before the AUCTION: part of a legal CONTRACT. requirements of any competent authority; (a) If the LOT is registered land the SELLER is to give A4.3 The PARTICULARS and the SALE CONDITIONS (d) charges, notices, orders, restrictions, agreements to the BUYER within five BUSINESS DAYS of the may change prior to the AUCTION and it is YOUR and other matters relating to town and country planning, CONTRACT DATE an official copy of the entries on the responsibility to check that YOU have the correct highways or public health; register and title plan and, where noted on the register, versions. (e) rights, easements, quasi-easements, and wayleaves; of all DOCUMENTS subject to which the LOT is being A4.4 If WE provide information, or a copy of a DOCUMENT, (f) outgoings and other liabilities; sold. WE do so only on the basis that WE are not responsible (g) any interest which overrides, under the Land (b) If the LOT is not registered land the SELLER is to for the accuracy of that information or DOCUMENT. Registration Act 2002; give to the BUYER within five BUSINESS DAYS of (h) matters that ought to be disclosed by the searches the CONTRACT DATE an abstract or epitome of title A5 The CONTRACT and enquiries a prudent BUYER would make, whether starting from the root of title mentioned in the SPECIAL A5.1 A successful bid is one WE accept as such (normally on or not the BUYER has made them; and CONDITIONS (or, if none is mentioned, a good root of the fall of the hammer). This CONDITION A5 applies to (i) anything the SELLER does not and could not title more than fifteen years old) and must produce to YOU only if YOU make the successful bid for a LOT. reasonably know about. the BUYER the original or an examined copy of every A5.2 YOU are obliged to buy the LOT on the terms of the SALE G1.5 Where anything subject to which the LOT is sold would relevant DOCUMENT. MEMORANDUM at the PRICE YOU bid (plus VAT, if expose the SELLER to liability the BUYER is to comply (c) If title is in the course of registration, title is to applicable). with it and indemnify the SELLER against that liability. consist of: A5.3 YOU must before leaving the AUCTION G1.6 The SELLER must notify the BUYER of any notices, (i) certified copies of the application for registration (a) provide all information WE reasonably need orders, demands, proposals and requirements of of title made to the Land Registry and of the from YOU to enable US to complete the SALE any competent authority of which it learns after the DOCUMENTS accompanying that application; MEMORANDUM (including proof of your identity if CONTRACT DATE but the BUYER must comply with (ii) evidence that all applicable stamp duty land tax required by US); them and keep the SELLER indemnified. relating to that application has been paid; and (b) sign the completed SALE MEMORANDUM; and G1.7 The LOT does not include any tenant’s or trade fixtures (iii) a letter under which the SELLER or its (c) pay the deposit. or fittings. The SPECIAL CONDITIONS state whether conveyancer agrees to use all reasonable A5.4 If YOU do not WE may either any chattels are included in the LOT, but if they are: endeavours to answer any requisitions raised by (a) as agent for the SELLER treat that failure as YOUR (a) the BUYER takes them as they are at COMPLETION the Land Registry and to instruct the Land Registry repudiation of the CONTRACT and offer the LOT for and the SELLER is not liable if they are not fit for use, to send the completed registration DOCUMENTS sale again: the SELLER may then have a claim against and to the BUYER. YOU for breach of CONTRACT; or (b) the SELLER is to leave them at the LOT. (d) The BUYER has no right to object to or make (b) sign the SALE MEMORANDUM on YOUR behalf. G1.8 The BUYER buys with full knowledge of requisitions on any title information more than seven A5.5 The deposit (a) the DOCUMENTS, whether or not the BUYER has BUSINESS DAYS after that information has been given (a) must be paid in pounds sterling by cheque or by read them; and to the BUYER. bankers’ draft made payable to US (or, at OUR option, (b) the physical condition of the LOT and what could G4.3 Unless otherwise stated in the SPECIAL CONDITIONS the SELLER’S conveyancer) drawn on an APPROVED reasonably be discovered on inspection of it, whether or the SELLER sells with full title guarantee except that FINANCIAL INSTITUTION (CONDITION A6 may state not the BUYER has inspected it. (and the TRANSFER shall so provide): if WE accept any other form of payment); G1.9 The BUYER admits that it is not relying on the (a) the covenant set out in section 3 of the Law of (b) may be declined by US unless drawn on YOUR information contained in the PARTICULARS or on any Property (Miscellaneous Provisions) Act 1994 shall not account, or that of the BUYER, or of another person representations made by or on behalf of the SELLER but extend to matters recorded in registers open to public who (we are satisfied) would not expose US to a breach the BUYER may rely on the SELLER’S conveyancer’s inspection; these are to be treated as within the actual of money laundering regulations; written replies to written enquiries to the extent stated knowledge of the BUYER; and (c) is to be held by US (or, at OUR option, the SELLER’S in those replies. (b) the covenant set out in section 4(1)(b) of the Law of conveyancer); and Property (Miscellaneous Provisions) Act 1994 shall not (d) is to be held as stakeholder where VAT would be G2 Deposit extend to any condition or tenant’s obligation relating chargeable on the deposit were it to be held as agent for G2.1 The amount of the deposit is the greater of: to the state or condition of the LOT where the LOT is the SELLER, but otherwise is to be held as stakeholder (a) any minimum deposit stated in the AUCTION leasehold property. unless the SALE CONDITIONS require it to be held as CONDUCT CONDITIONS (or the total PRICE, if this is G4.4 The TRANSFER is to have effect as if expressly subject agent for the SELLER. less than that minimum); and to all matters subject to which the LOT is sold under the A5.6 WE may retain the SALE MEMORANDUM signed by (b) 10% of the PRICE (exclusive of any VAT on the CONTRACT. or on behalf of the SELLER until the deposit has been PRICE). G4.5 The SELLER does not have to produce, nor may the received in cleared funds. G2.2 If a cheque for all or part of the deposit is not cleared BUYER object to or make a requisition in relation to, A5.7 Where WE hold the deposit as stakeholder WE are on first presentation the SELLER may treat the any prior or superior title even if it is referred to in the authorised to release it (and interest on it if applicable) CONTRACT as at an end and bring a claim against the DOCUMENTS. to the SELLER on COMPLETION or, if COMPLETION BUYER for breach of CONTRACT. G4.6 The SELLER (and, if relevant, the BUYER) must produce does not take place, to the person entitled to it under G2.3 Interest earned on the deposit belongs to the SELLER to each other such confirmation of, or evidence of, their the SALE CONDITIONS. unless the SALE CONDITIONS provide otherwise. identity and that of their mortgagees and attorneys (if A5.8 If the BUYER does not comply with its obligations under any) as is necessary for the other to be able to comply the CONTRACT then G3 between CONTRACT and COMPLETION with applicable Money Laundering Regulations and Land (a) YOU are personally liable to buy the LOT even if G3.1 From the CONTRACT DATE the SELLER has no Registry Rules. YOU are acting as an agent; and obligation to insure the LOT and the BUYER bears all (b) YOU must indemnify the SELLER in respect of any risks of loss or damage unless G5 TRANSFER loss the SELLER incurs as a result of the BUYER’s (a) the LOT is sold subject to a TENANCY that requires G5.1 Unless a form of TRANSFER is prescribed by the default. the SELLER to insure the LOT or SPECIAL CONDITIONS A5.9 Where the BUYER is a company YOU warrant that the (b) the SPECIAL CONDITIONS require the SELLER to (a) the BUYER must supply a draft TRANSFER to the BUYER is properly constituted and able to buy the LOT. insure the LOT. SELLER at least ten BUSINESS DAYS before the G3.2 If the SELLER is required to insure the LOT then AGREED COMPLETION DATE and the engrossment A6 Extra Auction Conduct Conditions the SELLER (signed as a deed by the BUYER if CONDITION G5.2 A6.1 Despite any SPECIAL CONDITION to the contrary the (a) must produce to the BUYER on request all relevant applies) five BUSINESS DAYS before that date or (if minimum deposit WE accept is £...... (or the total PRICE, insurance details; later) two BUSINESS DAYS after the draft has been if less). A SPECIAL CONDITION may, however, require (b) must use reasonable endeavours to maintain that or approved by the SELLER; and a higher minimum deposit. equivalent insurance and pay the premiums when due; (b) the SELLER must approve or revise the draft (c) gives no warranty as to the adequacy of the TRANSFER within five BUSINESS DAYS of receiving it General Conditions of Sale insurance; from the BUYER. (d) must at the request of the BUYER use reasonable G5.2 If the SELLER has any liability (other than to the Words in bold green type have special meanings, which are endeavours to have the BUYER’s interest noted on the BUYER) in relation to the LOT or a TENANCY following defined in the Glossary. policy if it does not cover a contracting purchaser; COMPLETION, the BUYER is specifically to covenant in (e) must, unless otherwise agreed, cancel the insurance the TRANSFER to indemnify the SELLER against that The GENERAL CONDITIONS (as WE supplement or change at COMPLETION, apply for a refund of premium and liability. them by any EXTRA GENERAL CONDITIONS or ADDENDUM) (subject to the rights of any tenant or other third party) G5.3 The SELLER cannot be required to TRANSFER the LOT are compulsory but may be disapplied or changed in relation to pay that refund to the BUYER; and to anyone other than the BUYER, or by more than one one or more LOTS by SPECIAL CONDITIONS. The template (f) (subject to the rights of any tenant or other third party) TRANSFER. form of SALE MEMORANDUM is not compulsory but is to hold on trust for the BUYER any insurance payments G5.4 Where the SPECIAL CONDITIONS state that the be varied only if WE agree. The template forms of SPECIAL that the SELLER receives in respect of loss or damage SELLER is to grant a new lease to the BUYER CONDITIONS and schedules are recommended, but are not arising after the CONTRACT DATE, or assign to the (a) the CONDITIONS are to be read so that the compulsory and may be changed by the SELLER of a LOT. BUYER the benefit of any claim; and theBUY ER must TRANSFER refers to the new lease, the SELLER to on COMPLETION reimburse to the SELLER the cost the proposed landlord and the BUYER to the proposed G1 The LOT of that insurance as from the CONTRACT DATE (to tenant; G1.1 The LOT (including any rights to be granted or reserved, the extent not already paid by the BUYER or a tenant or (b) the form of new lease is that described by the and any exclusions from it) is described in the SPECIAL other third party). SPECIAL CONDITIONS; and CONDITIONS, or if not so described is that referred to G3.3 No damage to or destruction of the LOT, nor any (c) the SELLER is to produce, at least five BUSINESS in the SALE MEMORANDUM. deterioration in its condition, however caused, entitles DAYS before the AGREED COMPLETION DATE, the G1.2 The LOT is sold subject to any TENANCIES disclosed the BUYER to any reduction in PRICE, or to delay engrossed counterpart lease, which the BUYER is to by the SPECIAL CONDITIONS, but otherwise with COMPLETION, or to refuse to complete. sign and deliver to the SELLER on COMPLETION. vacant possession on COMPLETION. G3.4 Section 47 of the Law of Property Act 1925 does not G1.3 The LOT is sold subject to all matters contained or apply to the CONTRACT. G6 COMPLETION referred to in the DOCUMENTS. The SELLER must G3.5 Unless the BUYER is already lawfully in occupation G6.1 COMPLETION is to take place at the offices of the discharge FINANCIAL CHARGES on or before of the LOT the BUYER has no right to enter into SELLER’S conveyancer, or where the SELLER may COMPLETION. occupation prior to COMPLETION. reasonably require, on the AGREED COMPLETION G1.4 The LOT is also sold subject to such of the following DATE. The SELLER can only be required to complete on as may affect it, whether they arise before or after G4 Title and identity a BUSINESS DAY and between the hours of 0930 and the CONTRACT DATE and whether or not they G4.1 Unless CONDITION G4.2 applies, the BUYER accepts 1700. are disclosed by the SELLER or are apparent from the title of the SELLER to the LOT as at the CONTRACT G6.2 The amount payable on COMPLETION is the inspection of the LOT or from the DOCUMENTS: DATE and may raise no requisition or objection to any balance of the PRICE adjusted to take account of www.markjenkinson.co.uk 33 apportionments plus (if applicable) VAT and interest, (a) the BUYER is liable to pay interest; and which case the SELLER may act reasonably in such a but no other amounts unless specified in the SPECIAL (b) the SELLER has given notice to the BUYER at any way as to avoid that liability; CONDITIONS. time up to COMPLETION requiring apportionment on (b) if the SELLER gives the BUYER notice of the G6.3 Payment is to be made in pounds sterling and only by the date from which interest becomes payable by the SELLER’s intended act and the BUYER does not object (a) direct TRANSFER from the BUYER’s conveyancer to BUYER; in which event income and outgoings are to be within five BUSINESS DAYS giving reasons for the the SELLER’S conveyancer; and apportioned on the date from which interest becomes objection the SELLER may act as the SELLER intends; (b) the release of any deposit held by a stakeholder or in payable by the BUYER. and such other manner as the SELLER’S conveyancer may G10.4 Apportionments are to be calculated on the basis that: (c) the BUYER is to indemnify the SELLER against all agree. (a) the SELLER receives income and is liable loss or liability the SELLER incurs through acting as the G6.4 Unless the SELLER and the BUYER otherwise for outgoings for the whole of the day on which BUYER requires, or by reason of delay caused by the agree, COMPLETION cannot take place until both apportionment is to be made; BUYER. have complied with the obligations under the (b) annual income and expenditure accrues at an equal CONTRACT that they are obliged to comply with daily rate assuming 365 days in a year (or 366 in a leap G13 Rent deposits prior to COMPLETION, and the amount payable on year), and income and expenditure relating to some G13.1 Where any TENANCY is an assured shorthold COMPLETION is unconditionally received in the other period accrues at an equal daily rate during the TENANCY, the SELLER and the BUYER are to comply SELLER’S conveyancer’s client account or as otherwise period to which it relates; and with their respective statutory duties in relation to the required by the terms of the CONTRACT. (c) where the amount to be apportioned is not known protection of tenants’ deposits, and to demonstrate in G6.5 If COMPLETION takes place after 1400 hours for at COMPLETION apportionment is to be made by writing to the other (before COMPLETION, so far as a reason other than the SELLER’S default it is to reference to a reasonable estimate and further payment practicable) that they have complied. be treated, for the purposes of apportionment and is to be made by SELLER or BUYER as appropriate G13.2 The remainder of this CONDITION G13 applies where calculating interest, as if it had taken place on the next within five BUSINESS DAYS of the date when the the SELLER is holding or otherwise entitled to money BUSINESS DAY. amount is known. by way of rent deposit in respect of a TENANCY. In this G6.6 Where applicable the CONTRACT remains in force G10.5 If a payment due from the BUYER to the SELLER on CONDITION G13 “rent deposit deed” means the deed following COMPLETION. or after COMPLETION is not paid by the due date, or other DOCUMENT under which the rent deposit is the BUYER is to pay interest to the SELLER at the held. G7 Notice to complete INTEREST RATE on that payment from the due date up G13.3 If the rent deposit is not assignable the SELLER must G7.1 The SELLER or the BUYER may on or after to and including the date of payment. on COMPLETION hold the rent deposit on trust for the the AGREED COMPLETION DATE but before BUYER and, subject to the terms of the rent deposit COMPLETION give the other notice to complete within G11. ARREARS deed, comply at the cost of the BUYER with the ten BUSINESS DAYS (excluding the date on which the Part 1 – Current rent BUYER’s lawful instructions. notice is given) making time of the essence. G11.1 “Current rent” means, in respect of each of the G13.4 Otherwise the SELLER must on COMPLETION pay G7.2 The person giving the notice must be READY TO TENANCIES subject to which the LOT is sold, the and assign its interest in the rent deposit to the BUYER COMPLETE. instalment of rent and other sums payable by the tenant under an assignment in which the BUYER covenants G7.3 If the BUYER fails to comply with a notice to complete on the most recent rent payment date on or within four with the SELLER to: the SELLER may, without affecting any other remedy months preceding COMPLETION. (a) observe and perform the SELLER’s covenants and the SELLER has: G11.2 If on COMPLETION there are any ARREARS of current conditions in the rent deposit deed and indemnify the (a) terminate the CONTRACT; rent the BUYER must pay them, whether or not SELLER in respect of any breach; (b) claim the deposit and any interest on it if held by a details of those ARREARS are given in the SPECIAL (b) give notice of assignment to the tenant; and stakeholder; CONDITIONS. (c) give such direct covenant to the tenant as may be (c) forfeit the deposit and any interest on it; G11.3 Parts 2 and 3 of this CONDITION G11 do not apply to required by the rent deposit deed. (d) resell the LOT; and ARREARS of current rent. (e) claim damages from the BUYER. G14 VAT G7.4 If the SELLER fails to comply with a notice to complete Part 2 – BUYER to pay for ARREARS G14.1 Where a SALE CONDITION requires money to be the BUYER may, without affecting any other remedy the G11.4 Part 2 of this CONDITION G11 applies where the paid or other consideration to be given, the payer must BUYER has: SPECIAL CONDITIONS give details of ARREARS. also pay any VAT that is chargeable on that money or (a) terminate the CONTRACT; and G11.5 The BUYER is on COMPLETION to pay, in addition consideration, but only if given a valid VAT invoice. (b) recover the deposit and any interest on it from the to any other money then due, an amount equal to all G14.2 Where the SPECIAL CONDITIONS state that no VAT SELLER or, if applicable, a stakeholder. ARREARS of which details are set out in the SPECIAL OPTION has been made the SELLER confirms that CONDITIONS. none has been made by it or by any company in the G8 If the CONTRACT is brought to an end G11.6 If those ARREARS are not OLD ARREARS the SELLER same VAT group nor will be prior to COMPLETION. If the CONTRACT is lawfully brought to an end: is to assign to the BUYER all rights that the SELLER has (a) the BUYER must return all papers to the SELLER and to recover those ARREARS. G15 TRANSFER as a going concern appoints the SELLER its agent to cancel any registration G15.1 Where the SPECIAL CONDITIONS so state: of the CONTRACT; and Part 3 – BUYER not to pay for ARREARS (a) the SELLER and the BUYER intend, and will take all (b) the SELLER must return the deposit and any interest G11.7 Part 3 of this CONDITION G11 applies where the practicable steps (short of an appeal) to procure, that the on it to the BUYER (and the BUYER may claim it from SPECIAL CONDITIONS sale is treated as a TRANSFER of a going concern; and the stakeholder, if applicable) unless the SELLER is (a) so state; or (b) this CONDITION G15 applies. entitled to forfeit the deposit under CONDITION G7.3. (b) give no details of any ARREARS. G15.2 The SELLER confirms that the SELLER: G11.8 While any ARREARS due to the SELLER remain unpaid (a) is registered for VAT, either in the SELLER’S name G9 Landlord’s licence the BUYER must: or as a member of the same VAT group; and G9.1 Where the LOT is or includes leasehold land and licence (a) try to collect them in the ordinary course of (b) has (unless the sale is a standard-rated supply) made to assign or sublet is required this CONDITION G9 management but need not take legal proceedings or in relation to the LOT a VAT OPTION that remains valid applies. forfeit the TENANCY; and will not be revoked before COMPLETION. G9.2 The CONTRACT is conditional on that licence being (b) pay them to the SELLER within fiveBU SINESS G15.3 The BUYER confirms that obtained, by way of formal licence if that is what the DAYS of receipt in cleared funds (plus interest at the (a) it is registered for VAT, either in the BUYER’S name landlord lawfully requires. INTEREST RATE calculated on a daily basis for each or as a member of a VAT group; G9.3 The AGREED COMPLETION DATE is not to be earlier subsequent day’s delay in payment); (b) it has made, or will make before COMPLETION, a than the date five BUSINESS DAYS after the SELLER (c) on request, at the cost of the SELLER, assign to VAT OPTION in relation to the LOT and will not revoke has given notice to the BUYER that licence has been the SELLER or as the SELLER may direct the right to it before or within three months after COMPLETION; obtained (“licence notice”). demand and sue for OLD ARREARS, such assignment (c) article 5(2B) of the Value Added Tax (Special G9.4 The SELLER must to be in such form as the SELLER’S conveyancer may Provisions) Order 1995 does not apply to it; and (a) use all reasonable endeavours to obtain the licence at reasonably require; (d) it is not buying the LOT as a nominee for another the SELLER’S expense; and (d) if reasonably required, allow the SELLER’S person. (b) enter into any Authorised Guarantee Agreement conveyancer to have on loan the counterpart of any G15.4 The BUYER is to give to the SELLER as early as (“AGA”) properly required (procuring a guarantee of that TENANCY against an undertaking to hold it to the possible before the AGREED COMPLETION DATE AGA if lawfully required by the landlord). BUYER’s order; evidence G9.5 The BUYER must promptly (e) not without the consent of the SELLER release any (a) of the BUYER’S VAT registration; (a) provide references and other relevant information; tenant or surety from liability to pay ARREARS or accept (b) that the BUYER has made a VAT OPTION; and and a surrender of or forfeit any TENANCY under which (c) that the VAT OPTION has been notified in writing (b) comply with the landlord’s lawful requirements. ARREARS are due; and to HM Revenue and Customs; and if it does not G9.6 If within three months of the CONTRACT DATE (or (f) if the BUYER disposes of the LOT prior to recovery produce the relevant evidence at least two BUSINESS such longer period as the SELLER and BUYER agree) of all ARREARS obtain from the BUYER’S successor in DAYS before the AGREED COMPLETION DATE, the SELLER has not given licence notice to the BUYER title a covenant in favour of the SELLER in similar form CONDITION G14.1 applies at COMPLETION. the SELLER or the BUYER may (if not then in breach of to part 3 of this CONDITION G 11. G15.5 The BUYER confirms that after COMPLETION the any obligation under this CONDITION G9) by notice to G11.9 Where the SELLER has the right to recover ARREARS BUYER intends to the other terminate the CONTRACT at any time before it must not without the BUYER’S written consent bring (a) retain and manage the LOT for the BUYER’S own the SELLER has given licence notice. That termination insolvency proceedings against a tenant or seek the benefit as a continuing business as a going concern is without prejudice to the claims of either SELLER or removal of goods from the LOT. subject to and with the benefit of the TENANCIES; and BUYER for breach of this CONDITION G9. (b) collect the rents payable under the TENANCIES and G12 Management charge VAT on them. G10 Interest and apportionments G12.1 This CONDITION G12 applies where the LOT is sold G15.6 If, after COMPLETION, it is found that the sale of the G10.1 If the ACTUAL COMPLETION DATE is after the subject to TENANCIES. LOT is not a TRANSFER of a going concern then: AGREED COMPLETION DATE for any reason other G12.2 The SELLER is to manage the LOT in accordance (a) the SELLER’s conveyancer is to notify the BUYER’s than the SELLER’S default the BUYER must pay with its standard management policies pending conveyancer of that finding and provide a VAT invoice in interest at the INTEREST RATE on the money due from COMPLETION. respect of the sale of the LOT; the BUYER at COMPLETION for the period starting on G12.3 The SELLER must consult the BUYER on all (b) the BUYER must within five BUSINESS DAYS of the AGREED COMPLETION DATE and ending on the management issues that would affect the BUYER receipt of the VAT invoice pay to the SELLER the VAT ACTUAL COMPLETION DATE. after COMPLETION (such as, but not limited to, due; and G10.2 Subject to CONDITION G11 the SELLER is not obliged an application for licence; a rent review; a variation, (c) if VAT is payable because the BUYER has not to apportion or account for any sum at COMPLETION surrender, agreement to surrender or proposed complied with this CONDITION G15, the BUYER unless the SELLER has received that sum in cleared forfeiture of a TENANCY; or a new TENANCY or must pay and indemnify the SELLER against all costs, funds. The SELLER must promptly pay to the BUYER agreement to grant a new TENANCY) and: interest, penalties or surcharges that the SELLER incurs after COMPLETION any sum to which the BUYER (a) the SELLER must comply with the BUYER’s as a result. is entitled that the SELLER subsequently receives in reasonable requirements unless to do so would (but for cleared funds. the indemnity in paragraph (c)) expose the SELLER to a G10.3 Income and outgoings are to be apportioned at the liability that the SELLER would not otherwise have, in ACTUAL COMPLETION DATE unless:
34 www.markjenkinson.co.uk G16 Capital allowances G22 Service Charge (b) use all reasonable endeavours to conclude any G16.1 This CONDITION G16 applies where the SPECIAL G22.1 This CONDITION G22 applies where the LOT is sold proceedings or negotiations for the renewal of the CONDITIONS state that there are capital allowances subject to TENANCIES that include service charge TENANCY and the determination of any interim rent as available in respect of the LOT. provisions. soon as reasonably practicable at the best rent or rents G16.2 The SELLER is promptly to supply to the BUYER G22.2 No apportionment is to be made at COMPLETION in reasonably obtainable; and all information reasonably required by the BUYER respect of service charges. (c) if any increased rent is recovered from the tenant in connection with the BUYER’s claim for capital G22.3 Within two months after COMPLETION the SELLER (whether as interim rent or under the renewed allowances. must provide to the BUYER a detailed service TENANCY) account to the SELLER for the part of G16.3 The value to be attributed to those items on which charge account for the service charge year current on that increase that relates to the SELLER’S period of capital allowances may be claimed is set out in the COMPLETION showing: ownership of the LOT within five BUSINESS DAYS of SPECIAL CONDITIONS. (a) service charge expenditure attributable to each receipt of cleared funds. G16.4 The SELLER and BUYER agree: TENANCY; G24.5 The SELLER and the BUYER are to bear their own costs (a) to make an election on COMPLETION under Section (b) payments on account of service charge received in relation to the renewal of the TENANCY and any 198 of the Capital Allowances Act 2001 to give effect to from each tenant; proceedings relating to this. this CONDITION G16; and (c) any amounts due from a tenant that have not been (b) to submit the value specified in the SPECIAL received; G25 Warranties CONDITIONS to HM Revenue and Customs for (d) any service charge expenditure that is not attributable G25.1 Available warranties are listed in the SPECIAL the purposes of their respective capital allowance to any TENANCY and is for that reason irrecoverable. CONDITIONS. computations. G22.4 In respect of each TENANCY, if the service charge G25.2 Where a warranty is assignable the SELLER must: account shows: (a) on COMPLETION assign it to the BUYER and give G17 Maintenance agreements (a) that payments that the tenant has made on account notice of assignment to the person who gave the G17.1 The SELLER agrees to use reasonable endeavours to exceed attributable service charge expenditure, the warranty; and TRANSFER to the BUYER, at the BUYER’s cost, the SELLER must pay to the BUYER an amount equal (b) apply for (and the SELLER and the BUYER must benefit of the maintenance agreements specified in the to that excess when it provides the service charge use all reasonable endeavours to obtain) any consent to SPECIAL CONDITIONS. account; or assign that is required. If consent has not been obtained G17.2 The BUYER must assume, and indemnify the SELLER (b) that attributable service charge expenditure exceeds by COMPLETION the warranty must be assigned within in respect of, all liability under such agreements from the payments made on account, the BUYER must use all fiveBU SINESS DAYS after the consent has been ACTUAL COMPLETION DATE. reasonable endeavours to recover the shortfall from obtained. the tenant as soon as practicable and promptly pay the G25.3 If a warranty is not assignable the SELLER must after G18 Landlord and Tenant Act 1987 amount so recovered to the SELLER; but in respect of COMPLETION: G18.1 This CONDITION G18 applies where the sale is a payments on account that are still due from a tenant (a) hold the warranty on trust for the BUYER; and relevant disposal for the purposes of part I of the CONDITION G11 (ARREARS) applies. (b) at the BUYER’s cost comply with such of the lawful Landlord and Tenant Act 1987 G22.5 In respect of service charge expenditure that is not instructions of the BUYER in relation to the warranty G18.2 The SELLER warrants that the SELLER has complied attributable to any TENANCY the SELLER must pay as do not place the SELLER in breach of its terms or with sections 5B and 7 of that Act and that the requisite the expenditure incurred in respect of the period before expose the SELLER to any liability or penalty. majority of qualifying tenants has not accepted the offer. ACTUAL COMPLETION DATE and the BUYER must pay the expenditure incurred in respect of the period G26 No assignment G19 Sale by PRACTITIONER after ACTUAL COMPLETION DATE. Any necessary The BUYER must not assign, mortgage or otherwise G19.1 This CONDITION G19 applies where the sale is by a monetary adjustment is to be made within five TRANSFER or part with the whole or any part of the PRACTITIONER either as SELLER or as agent of the BUSINESS DAYS of the SELLER providing the service BUYER’S interest under this CONTRACT. SELLER. charge account to the BUYER. G19.2 The PRACTITIONER has been duly appointed and is G22.6 If the SELLER holds any reserve or sinking fund on G27 Registration at the Land Registry empowered to sell the LOT. account of future service charge expenditure or a G27.1 This CONDITION G27.1 applies where the LOT is G19.3 Neither the PRACTITIONER nor the firm or any member depreciation fund: leasehold and its sale either triggers first registration or of the firm to which the PRACTITIONER belongs (a) the SELLER must pay it (including any interest is a registrable disposition. The BUYER must at its own has any personal liability in connection with the sale earned on it) to the BUYER on COMPLETION; and expense and as soon as practicable: or the performance of the SELLER’s obligations. The (b) the BUYER must covenant with the SELLER to hold (a) procure that it becomes registered at the Land TRANSFER is to include a declaration excluding that it in accordance with the terms of the TENANCIES and Registry as proprietor of the LOT; personal liability. to indemnify the SELLER if it does not do so. (b) procure that all rights granted and reserved by the G19.4 The LOT is sold lease under which the LOT is held are properly noted (a) in its condition at COMPLETION; G23 Rent reviews against the affected titles; and (b) for such title as the SELLER may have; and G23.1 This CONDITION G23 applies where the LOT is sold (c) provide the SELLER with an official copy of the (c) with no title guarantee; and the BUYER has no right subject to a TENANCY under which a rent review due register relating to such lease showing itself registered to terminate the CONTRACT or any other remedy on or before the ACTUAL COMPLETION DATE has not as proprietor. if information provided about the LOT is inaccurate, been agreed or determined. G27.2 This CONDITION G27.2 applies where the LOT incomplete or missing. G23.2 The SELLER may continue negotiations or rent review comprises part of a registered title. The BUYER must at G19.5 Where relevant: proceedings up to the ACTUAL COMPLETION its own expense and as soon as practicable: (a) the DOCUMENTS must include certified copies DATE but may not agree the level of the revised rent (a) apply for registration of the TRANSFER; of those under which the PRACTITIONER is or commence rent review proceedings without the (b) provide the SELLER with an official copy and title appointed, the DOCUMENT of appointment and the written consent of the BUYER, such consent not to be plan for the BUYER’S new title; and PRACTITIONER’S acceptance of appointment; and unreasonably withheld or delayed. (c) join in any representations the SELLER may properly (b) the SELLER may require the TRANSFER to be by G23.3 Following COMPLETION the BUYER must complete make to the Land Registry relating to the application. the lender exercising its power of sale under the Law of rent review negotiations or proceedings as soon as Property Act 1925. reasonably practicable but may not agree the level of G28 Notices and other communications G19.6 The BUYER understands this CONDITION G19 and the revised rent without the written consent of the G28.1 All communications, including notices, must be in agrees that it is fair in the circumstances of a sale by a SELLER, such consent not to be unreasonably withheld writing. Communication to or by the SELLER or the PRACTITIONER. or delayed. BUYER may be given to or by their conveyancers. G23.4 The SELLER must promptly: G28.2 A communication may be relied on if: G20 TUPE (a) give to the BUYER full details of all rent review (a) delivered by hand; or G20.1 If the SPECIAL CONDITIONS state “there are no negotiations and proceedings, including copies of all (b) made electronically and personally acknowledged employees to which TUPE applies”, this is a warranty by correspondence and other papers; and (automatic acknowledgement does not count); or the SELLER to this effect. (b) use all reasonable endeavours to substitute the (c) there is proof that it was sent to the address of the G20.2 If the SPECIAL CONDITIONS do not state “there are BUYER for the SELLER in any rent review proceedings. person to whom it is to be given (as specified in the no employees to which TUPE applies” the following G23.5 The SELLER and the BUYER are to keep each other SALE MEMORANDUM) by a postal service that offers paragraphs apply: informed of the progress of the rent review and have normally to deliver mail the next following BUSINESS (a) The SELLER must notify the BUYER of those regard to any proposals the other makes in relation to it. DAY. employees whose CONTRACTs of employment will G23.6 When the rent review has been agreed or determined G28.3 A communication is to be treated as received: TRANSFER to the BUYER on COMPLETION (the the BUYER must account to the SELLER for any (a) when delivered, if delivered by hand; or “Transferring Employees”). increased rent and interest recovered from the tenant (b) when personally acknowledged, if made This notification must be given to the BUYER not less that relates to the SELLER’S period of ownership within electronically; but if delivered or made after 1700 hours than 14 days before COMPLETION. fiveBU SINESS DAYS of receipt of cleared funds. on a BUSINESS DAY a communication is to be treated (b) The BUYER confirms that it will comply with G23.7 If a rent review is agreed or determined before as received on the next BUSINESS DAY. its obligations under TUPE and any SPECIAL COMPLETION but the increased rent and any interest G28.4 A communication sent by a postal service that offers CONDITIONS in respect of the TRANSFERring recoverable from the tenant has not been received normally to deliver mail the next following BUSINESS Employees. by COMPLETION the increased rent and any interest DAY will be treated as received on the second (c) The BUYER and the SELLER acknowledge that recoverable is to be treated as ARREARS. BUSINESS DAY after it has been posted. pursuant and subject to TUPE, the CONTRACTs of G23.8 The SELLER and the BUYER are to bear their own costs employment between the TRANSFERring Employees in relation to rent review negotiations and proceedings. G29 CONTRACTs (Rights of Third Parties) Act 1999 and the SELLER will TRANSFER to the BUYER on No one is intended to have any benefit under the CONTRACT COMPLETION. G24 TENANCY renewals pursuant to the CONTRACTs (Rights of Third Parties) Act 1999. (d) The BUYER is to keep the SELLER indemnified G24.1 This CONDITION G24 applies where the tenant under a against all liability for the TRANSFERring Employees TENANCY has the right to remain in occupation under after COMPLETION. part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to G30 Extra General G21 Environmental notices and proceedings under that Act. G21.1 This CONDITION G21 only applies where the SPECIAL G24.2 Where practicable, without exposing the SELLER to Conditions CONDITIONS so provide. liability or penalty, the SELLER must not without the written consent of the BUYER (which the BUYER must G21.2 The SELLER has made available such reports as the Auctioneer’s administration fee SELLER has as to the environmental condition of the not unreasonably withhold or delay) serve or respond to any notice or begin or continue any proceedings. The BUYER agrees to pay to the SELLER the amount of £600 LOT and has given the BUYER the opportunity to carry including VAT to the auctioneers by way of an administration fee. out investigations (whether or not the BUYER has read G24.3 If the SELLER receives a notice the SELLER must send those reports or carried out any investigation) and the a copy to the BUYER within five BUSINESS DAYS and BUYER admits that the PRICE takes into account the act as the BUYER reasonably directs in relation to it. environmental condition of the LOT G24.4 Following COMPLETION the BUYER must: G21.3 The BUYER agrees to indemnify the SELLER in respect (a) with the co-operation of the SELLER take immediate of all liability for or resulting from the environmental steps to substitute itself as a party to any proceedings; condition of the LOT. www.markjenkinson.co.uk 35 Chartered Surveyors, valuers and Auctioneers
Charles Duncan • Janet hough • Mohammed Mahroof • Philip Dorman • Simon Wortley John Dawes • Nick Wilson • Adrian Little • Ed Pawley • Jake bond SURVEYS & LAND & COMMERCIAL VALUATIONS DEVELOPMENT Disposal and acquisitions of all types of Reports, surveys, valuations and appraisals Site appraisals and assembly, planning of ce, industrial, retail and investment for all types of residential and commercial guidance, design/layout, specialist reports, properties. properties. sales by private treaty, tender and auction.
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PUBLIC SECTOR + HEALTHCARE AUCTIONS £ SERVICES Covering the Midlands and North of England. Leading regional auctioneers with regular Property consultancy, asset management/ Valuation of GP surgery, pharmacy and dental sales on behalf of all types of private and estates strategies, urban regeneration and premises for PP & SI. institutional clients. community buildings strategies.
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SHEFFIELD 0114 276 0151 CHESTERFIELD 01246 267 565 8 Norfolk Row, Sheffi eld S1 2PA Dunston Innovation Centre, Chesterfi eld S41 8NG www.markjenkinson.co.uk